!!! ANOTHER SEA OF RED - JAPANESE SELLOFF / HACK ??? CME future's expire

in #steem6 years ago

As I am sitting here watching the market in the early morning hours, I notice a prolonged set of red candles over the span of an hour. As news broke about hundreds of millions of dollars in Ripple XRP moving out of the Coincheck exchange. The exchange froze funds as it is looking into the matter.

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DISCLAIMER: This is not financial advice. Never invest more than what you can lose. Do your research and make your own decisions. Never follow the heard. Follow your heart.

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How do you do a thumbs up? I want to do it too! ^^

It's not a surprise as most exchanges are susceptible to hacks and hackers love exchanges. We also do not know if this is a real news or if it's just cooked up to create FUD. I don't really understand why exchanges are so lethargic and not secure their system when they have millions of customer's funds incoming and outgoing.

The one good thing about this hack news is, price falling and it's time for crypto shopping. So much has been hapenning in the market the last couple of months. Not sure if all this is done with an intention of bringing the price in the market down.

Market seems to be dull and moving sidewards for the last 2 months. When do you think the market will start moving up again?

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