Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin was created for the sole reason of making transactions faster by eliminating third parties. But things always change. Bitcoin as asset may oppose its original cause but it also achieve a lot more than many have imagined. And it seems like it is bound to happen since it peaked in popularity just like what happened in every trends nowadays. Capitalism bears both good and bad in the society but as long as it is working, it won't disappear soon.