how can BITCOIN fail wherein it created a humuguos amount of community? China is a big player why it's value is dropping. But take note there are factors as well why bitcoin will soar high up to $5,000 this year.
Yes no doubt bitcoin is being there from past 9 years now and the reason why I feel that JPM CEO said that bitcoin is fraud because the way prices were kept on rising after 1st Aug event. It was continuous one side upward movement and thus he would have felt that this is nothing more than bubble and does not have any base to exists in future.