CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
this seems to be because the new players are frightened by such news that so much every bitcoin rises so high there will be news that will shake up bitcoin prices because they are looking for an opportunity to buy bitcoins, do not get easily fooled by such fake news.