Coinrail was one of the most popular crypto exchange in korea. Though the hacking thing is bad, it's not huge. Just the hot wallet of the exchange has been compromised of which two third of the coin transaction can be reversed and a police investigation is on the way.
Even it is not that huge but it has an impact on the market, I hope it's not an inside job, and they can get back in business as soon as possible, once we have a good update about the hacking incident we will the price going up again, its been a bad week for all of us.
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When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?
People are really hoping that it could happen soon, right now almost all the coins are in red because of the so called south korean exchange hack but this is only temporary we need to get the price reach the $10k mark then we can hope and work to get this into the $15 then $20 k level.
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hack of the biggest exchanges in the history had no direct reason to cause any bitcoin price drop, this one is just a tiny foreign exchange and the important part is that it lost mostly altcoins not bitcoin. it is just manipulation, fear and weak hands that is making up this downtrend. and when we are on a downtrend then everybody joins in and wants to be a part of it to make more money (shorting bitcoin for example) so it be comes THE trend that lasts.
It really causes a stir, but hopefully, there will no news of this kind, the exchange should beef up their security, millions worth of dollar worth of altcoins are hacked I believe a big group is doing this kind of thing or could be an inside job just like what we read on newspaper bank robbery.
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Very good project, with great prospects! a great idea that will surely interest many investors. good luck to the whole team that is working on this project!
I'm 1005 sure these people are shills of this Ico it has been posted and proven that the project is a scam one and people are disowning that they are member of this ico and yet they still praise this ico, this ico is now dead, hopefully investors and bounty hunters are now aware of this
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You posted this March but you still visiting this forum until now, if you think Bitcoin is dead then you move on and out of this forum and sell all your cryptocurrency, you are not helping our cause by posting it or you just want to fud bitcoin so you can buy it at a much lower price.
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i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
Go on if you are comfortable with that, but it is a big turn around from the philosophy of diversification bitcoin is a must invest coin because all coins depend on its price if bitcoin falls, the altcoins will follow and this is the pioneer everybody uses Bitcoin.
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Interesting project. I hope it will be realized
I dropped here from time to time to check if the thread is locked if it is locked then game over for this project, I have a feeling that the project will not push through at this point of time because of the current market situation, but we will know if they will announce again after the bull period started.
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I have sold all my nonperforming coins but I treat this one as an exception, I bought this in its high at 35 cents they are over 60% below of their ICO price but no regret I know this coin has a good potential in the market and will soon recover my loss, I ask holders to do the same for Coinfi
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I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
They are one of the cause but not primarily the cause, those who get a lot of bonus from presale and Ico are the one likely dumping the most since they are the one selling on profit there are ico with 50% bonus from their presale and if they sell their presale bonus that's pure profit, they only need to keep their shares for future profit.
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Currently, there are a huge number of ICO projects. Of course, we all understand that half of these projects are either Scam or just very weak projects that nobody needs. But now there are at least such projects. What will be in a year, when the ICO every day will be less and less until it reaches the point that one project per month will be released? It is also worth mentioning that the number of participants in the bounty companies is increasing day by day, and the money allocated to the bounty companies are becoming less. Conclusion: the bounty of the company will exist for another year, or a maximum of two. What do you think about this? If anyone agrees with me or if someone wants to do a good deed, then share the merit. I would be very grateful ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We have no way of knowing if there are going to be more ico and bounty next year or it's going be less than what we've had today, the technology is still young and many companies want to set up their own coins/tokens for their product and services but with so many scam ico today investors are going to shun ico we have yet to see this happening.
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people kept saying December and January coins will rise.Honesty speaking last year Dec and Jan this year coins prices rely appreciated. Are expecting same this year?
It varies some comes got their potential price after they hit the market, or after their platform is released, the last quarter has been very good for the cryptocurrency and we are very lucky if the trend continues provided that no bad news will pop up that will derail all our hopes.
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If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?
It's more established than other alts in the market and companies are adopting it.
Why not I will do same, it's behind Bitcoin in terms of volume and popularity and the buzz that it will soon overtake Bitcoin is always alive, and maybe it could happen, judging how companies are using them in their startup, its been the favorite for Ico launching.
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Here most of us are trading altcoins with bitcoin to earn profit. Just want to know is there any other use of altcoins other than trading? Can someone is using altcoin for purchasing and shopping etc.
Check and roam on the announcement page, each coin has their own usage and the industry that they are targetted, coins like Auctus and some other coins are for specific project or industry, and these are the coins worth investing provided that the community in that industry support their coin.
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No, we never sell accounts.
Your immediate thought upon seeing someone named "theymos" (or any other recognizable name) on any other site is that he's not really me. Typically, anyone can register whatever name they want, so you should treat a username as total non-evidence. In this case it's especially obvious because if I wanted to sell highly-ranked accounts, I would just create accounts with Ultra-Legendary status, 1 million merit, +9999 trust, etc. and sell those. (But we never do this sort of thing, either.)
If I tried dealing with every impersonator, I'd spend tons of time on it and still fail to catch them all. If you care about the site in question, you can report it.
That's true I'm also a forum administrator since I own a local forum and I can do that easily, in fact there is an option to upgrade accounts create rank in simple machines script , so don't be misled by that advertisement why would Theymos do that made no sense to me.
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
What's new it's always been the story since day one, bitcoin always recover from every drop sometimes 100% of its former price when it gets up, if you don't have that expectation then don't invest at all, this is cryptocurrency trading and such thing is expected.
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have being studying some ico this year they are failing , what are the causes of there failure
Some ICO are doomed to start from the start because investors are wiser now, now they know the kind of ICO that are worth investing and some ICO failed because of the funding they failed to even reach the softcap and cannot implement their roadmap because of the lack of funds and support from the community.
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1 M TPS is target for final platform release. Long-term aim is 10 mln TPS and Dev's team have already know how to achieve such high speeds
I am checking all the other coin's thread and I must say this is the most updated thread here in this forum, people continuously posting updates and pictures and every are excited for the coming platform, its just a matter of time before we see Credits in the top 10 in the market.
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Compared to other ICOs, Credits seems to be ahead of their game, keeping up their diligent and hard work. Go Credits!
Yes, they have a new bounty again. better check it out this another chance for you to get free Credits, they have a social media campaign and a good amount to rewards all participants, soon, Credits will become three digits in value so better grab this opportunity
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LTC is going to have some updates coming out, not one is really talking about it yet. Could be sleeping then BOOM. I think fee lowering and faster transactions. Do you think it still worth for long term?
Being a an old coin which started at $5 we still consider Litecoin as a long-term investment coin, even if the original dev sold all his coins, there's still a lot of things that is going to happen to Litecoin especially now that there is a new update coming up so we'll see about this .
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Currently, the market situation puts XRP away from $ 5. Ripple is currently trading at $ 0.57 per unit and continues to decline against USD and Bitcoin.
There should be a factor or a huge update on why they will reach that price and if this going to happen Bitcoin and other top currency would have been trading 500 to 2000% of their current price, ripple will not go to that level if Bitcoin and other top coins will go first.
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