Bitcoin Forum

Economy => Economics => Topic started by: BitcoinSupremo on August 03, 2016, 06:13:33 AM



Title: Are we going down to the end ?
Post by: BitcoinSupremo on August 03, 2016, 06:13:33 AM
I see the price of bitcoin from a few days have changed from 650 USD to 539 USD right now that I am checking preev website. This is bad to all of us who are holding bitcoins since a long time now. What do you think, are we in to go down up to 160 USD as it were in early 2015. And in 2015 it did happen because Evolution marketplace scammed users an amount of bitcoin worth to 12 mln USD. At this time I don't see something happening at deep web. Is this because some whales are dumping the coin during this time? I cannot give this a logical explanation.


Title: Re: Are we going down to the end ?
Post by: mocacinno on August 03, 2016, 06:14:43 AM
I see the price of bitcoin from a few days have changed from 650 USD to 539 USD right now that I am checking preev website. This is bad to all of us who are holding bitcoins since a long time now. What do you think, are we in to go down up to 160 USD as it were in early 2015. And in 2015 it did happen because Evolution marketplace scammed users an amount of bitcoin worth to 12 mln USD. At this time I don't see something happening at deep web. Is this because some whales are dumping the coin during this time? I cannot give this a logical explanation.

Probably this time, it's because of this: http://www.coindesk.com/bitfinex-shuts-down-customer-bitcoin-stolen/

This time, it seems to be about 60 mln USD that's gone.

I'm not panicking tough, i think BTC will overcome  ;D


Title: Re: Are we going down to the end ?
Post by: BitcoinSupremo on August 03, 2016, 06:18:55 AM
I see the price of bitcoin from a few days have changed from 650 USD to 539 USD right now that I am checking preev website. This is bad to all of us who are holding bitcoins since a long time now. What do you think, are we in to go down up to 160 USD as it were in early 2015. And in 2015 it did happen because Evolution marketplace scammed users an amount of bitcoin worth to 12 mln USD. At this time I don't see something happening at deep web. Is this because some whales are dumping the coin during this time? I cannot give this a logical explanation.

Probably this time, it's because of this: http://www.coindesk.com/bitfinex-shuts-down-customer-bitcoin-stolen/

This time, it seems to be about 60 mln USD that's gone.

I'm not panicking tough, i think BTC will overcome  ;D

Oh now I am relieved , its just another f*cking exchange which is being hacked supposedly no ? Personally I don't feel sorry for people who let their coins in online exchanges , as history has proven since Mt.Gox and Cryptsy these kind of websites are not to be trusted with your coins. I agree with you and am not panicking now too because I know bitcoin can overcome these situations. I didn't know about that article about bitfinex that's why I was worried and couldn't give a logical explanation. Can lock this topic now. Thanks mocacinno.