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.
Really? I feel the high time people stopped paying attention to these punks, the better it is going to be for the community. However, whatever trash he said was not what caused bitcoin's price to drop, kindly get your facts straight. Bitcoin was due for correction and that was exactly what happened.
You cannot expect a huge bull run like that to keep going without some corrections and that is really what makes the market healthy.