Bitcoin is down 8%. Call the medics cause blood is about to be spilt
Bitcoin going down 8% is just a slight price correction at this point.
But this has a negative effect on the entire market. Tomorrow top 80 out of 100 coins will be in losses. Some far more than others. While there will be certain coins that finally get their moment to shine.
Let me know which coins you think are gonna shine in the next few hours.
A dip is healthy on the way, the market cannot be bullish all the time ;)
Agreed but this causes panic sells which will further push the prices down
I read earlier today that bitcoin has been hacked, in south Korea or something. 17% of the coins were taken, and they blame North Korea (Dont really remember which country that was hacked, so it may be otherwise tho) don’t even know if it’s true.
You're right. Youbit lost 17% of its bitcoins and has filed for bankruptcy. The market dip could be related.
Not sure whether it is "Youbit" that got hacked or "YoBit"
Source: http://www.bbc.com/news/technology-42409815
Thanks for the link! Hmm, and nicehash was hacked for 60 millions usd recently, just wondering it’s coincidences.
FUD is very high at the moment. BTC touching 19k and hacks happening all over, probably not a coincidence. We'll see lots more in the near future.