"Stay in cash" Bitcoin goes down again because of the recently FRAUD!

in #news6 years ago (edited)

@Bitcoin UPdate 13:49pm 1BTC=9800$ UK time

Thanks to the idiost like BitGrail and more!

@BitGrail Cryptocurrency Exchange Claims $195 Million Lost to Hackers

Italian cryptocurrency exchange called BitGrail claims that it was hacked late last week and lost roughly $195 million worth of customers’ cryptocurrency. But others — including the developers who created the stolen cryptocurrency — have suggested not all may be as it appears.

Source:

http://fortune.com/2018/02/11/bitgrail-cryptocurrency-claims-hack/
https://techcrunch.com/2018/02/12/bitgrail-hack-nano/
https://www.engadget.com/2018/02/10/bitgrail-170-million-unauthorized-transactions/

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Great time for buyers! I know where my tax return is going.

Bitgrail is a joke, you're right. Looks like we are headed well below 10,000 :(
I know some new people come in wanting to understand charts, if you're just beginning this site is pretty nice
post upvoted!
https://steemit.com/bitcoin/@marcuswahl/best-website-i-have-seen-for-learning-basic-chart-analysis-beginner
chartreading.png

Maybe i'm wrong , but i study the history of the chart and frauds from 2012 and i see every time when was a fraud the market going down in max 12 days from fraud but this time the fraud was made on altcoin that way all altcoin drop before bitcoin , now it's bitcoin time , actually starts 2 days a go slowly

Very unfortunate.

If you say so, possible

I completely agree the bad news effects price, I just mean it sucks it happens

This it's not a bad news it's worse then that , they sale all the altcoin and now they want cash, selling bitcoin's , and if they start selling only 100mil dollar's in bit coins they will create panic and people will continue to sale for other 24 hour and they will put the price down a lot, I belive will be around 7k per bitcoin. May I'm wrong but definitely will fail down a minimal 20 per cent from 11700$/btc

Normally the markets reacts faster on this kind of news. So I don’t know if the drop whoch is goong now is fueled by this news.
On the other hands this will give us new opportunities to step in!

All time reacts after 7 to 14 days . Yeap i waiting to buy some at 4500$/bitcoin . lol , i don't know if will heappen that time , but will heappen soon.

Nice post. Doesn't look like you are getting the votes you deserve though. You should check out steemengine.

Thank you for giving us the latest news from the crypto world

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