Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.
Well many new investors or buyers were lacking of knowledge about bitcoin and does not know how it works. They only thinks about the profit but not the effect that might happen in bitcoin when they just buy and sell bitcoin. It causes a large supply of bitcoin is available in the market.