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.
it's down because a new player is panicked by the issue makes the old players very profitable because they are new players will surely panic and sell bitcoin at low prices and in accommodate by old players. so do not be fooled by such an issue.