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.
Some Nobel prize winner did say something along these lines and did not see much of the market been moved and Lloyds recent remarks were just a coincidence that bitcoin temporary lost this 20% which I believe shows that it is not a mere speculative currency.