Here we go sub 400!

[Bobsurplus]

damn, gox 2.0 is here.   cryptsy 13,000 btc "stolen"

THE SKY IS FALLING!

SELL ALL YOUR COINS NOW BEFORE ITS TOO LATE.

[Riddikulo]

damn, gox 2.0 is here.   cryptsy 13,000 btc "stolen"

THE SKY IS FALLING!

SELL ALL YOUR COINS NOW BEFORE ITS TOO LATE.

Suck my cock. Thanks you.

[bitcon]

If i had to bet on whats going on, this is my theory:

Cryptsy moved the coins into those separate wallets (probably still on their servers somewhere), then reports the "theft / hack" to see how
far the FBI investigates or if FBI even gives a shit at all.   Cryptsy has left themselves a way out of blame by virtue of "computative error"  
IF the FBI decides to investigate and can find how the coins actually moved.  If cryptsy would have sold the coins and FBI investigated and
discovered it was an inside job by Cryptsy - then Cryptsy knows they would be screwed.  but by leaving the coins in those wallets
 (probably still on their servers) they are leaving themselves an out. Now cryptsy is simply waiting for the FBI's move - if FBI does nothing, then
Cryptsy can move, mix and sell the coins after the dust settles.



a REAL outside hacker would have used a mixing service and sold those coins by now.

[jjacob]

Just when we start getting momentum in the upward direction, the whole world turns upside down. 
Let's hope this cryptsy mess is sorted out quickly.

[Altynbekova]

Well I don't really think that bitcoin is dead is always have been this way.
In January the price is always going to be down and later and the end of the year will grow.
So I am not panicking at all is just how bitcoin is.

[hdd3go]

damn, gox 2.0 is here.   cryptsy 13,000 btc "stolen"

THE SKY IS FALLING!

SELL ALL YOUR COINS NOW BEFORE ITS TOO LATE.

Cryptsy 13,000 btc "stolen"? Is the reason that why Bitcoin is falling? All right we can assume that every exchange Bitcoin could be "stolen" now.

[Amph]

Bitcoin back to $100?
I'd love to see that shit.

no it's impossible, miners will leave the game, and this mean bitcoin is doomed, unless it happen for few hours only or few days

[smooth]

Bitcoin back to $100?
I'd love to see that shit.

no it's impossible, miners will leave the game, and this mean bitcoin is doomed, unless it happen for few hours only or few days

You've not heard of difficulty adjustment?

The difficulty dropped several times in 2014 and 2015 when the price was weak. That's just how it works.

[MatTheCat]

Cryptsy 13,000 btc "stolen"? Is the reason that why Bitcoin is falling? All right we can assume that every exchange Bitcoin could be "stolen" now.

is crypto done???

[Watercooler]

Most important lesson in crypto, don't panic sell. Take the the low value as opportunity to buy some more bitcoins 

[Amph]

Bitcoin back to $100?
I'd love to see that shit.

no it's impossible, miners will leave the game, and this mean bitcoin is doomed, unless it happen for few hours only or few days

You've not heard of difficulty adjustment?

The difficulty dropped several times in 2014 and 2015 when the price was weak. That's just how it works.

uhm, the price was still high enough to sustain mining, and there was no halving back then, so no, it's not comparable

there is a minimum that must be prevented otherwise you will get less diff yes, but it's mean also less miners which will lead to less security of the network

[bitlancr]

Panic selling is the worst thing you could do at this point. It's best to hold or buy in if you can. Halving is coming up so I'm expecting for the price to go up nearing that period and also after. The price might drop as well when the halving is actually happening.

[jt byte]

Most important lesson in crypto, don't panic sell. Take the the low value as opportunity to buy some more bitcoins 

Lol if you see so many trolls, there is surely something up.
Right now the advice is not to panic sell. Just wait and see what will happen.

If for one will hold unles if we go under the 400 dollar

[Bobsurplus]

damn, gox 2.0 is here.   cryptsy 13,000 btc "stolen"

THE SKY IS FALLING!

SELL ALL YOUR COINS NOW BEFORE ITS TOO LATE.

Cryptsy 13,000 btc "stolen"? Is the reason that why Bitcoin is falling? All right we can assume that every exchange Bitcoin could be "stolen" now.

No. Not solely because of that. But It cant help the cause.
Bitcoin is dead. Mike Herne Said it.
Its all about blockchain now. Bitcoin was a fun experiment but now its time to pack up and move on.
Nothing left to see here.

[Bobsurplus]

Bitcoin back to $100?
I'd love to see that shit.

no it's impossible, miners will leave the game, and this mean bitcoin is doomed, unless it happen for few hours only or few days

You've not heard of difficulty adjustment?

The difficulty dropped several times in 2014 and 2015 when the price was weak. That's just how it works.

uhm, the price was still high enough to sustain mining, and there was no halving back then, so no, it's not comparable

there is a minimum that must be prevented otherwise you will get less diff yes, but it's mean also less miners which will lead to less security of the network

Who cares about the mining scam or any of the miners. Look out for yourself dude. Sell now while you still can.

[smooth]

Bitcoin back to $100?
I'd love to see that shit.

no it's impossible, miners will leave the game, and this mean bitcoin is doomed, unless it happen for few hours only or few days

You've not heard of difficulty adjustment?

The difficulty dropped several times in 2014 and 2015 when the price was weak. That's just how it works.

uhm, the price was still high enough to sustain mining, and there was no halving back then, so no, it's not comparable

there is a minimum that must be prevented otherwise you will get less diff yes, but it's mean also less miners which will lead to less security of the network

Lower price means less security yes, but still a lot of it. Would Bitcoin still exist with half the security, or a third of it? I'm pretty sure it would.

Also, lower price means there is less value to secure, so less security is needed.

Halving may turn out to be an issue after a few more of them. This one won't be a big deal regardless of price. Even hypothetically $1K worth of Bitcoin in a block is something people would find worth trying to get.

[Karartma1]

If i had to bet on whats going on, this is my theory:

Cryptsy moved the coins into those separate wallets (probably still on their servers somewhere), then reports the "theft / hack" to see how
far the FBI investigates or if FBI even gives a shit at all.   Cryptsy has left themselves a way out of blame by virtue of "computative error"  
IF the FBI decides to investigate and can find how the coins actually moved.  If cryptsy would have sold the coins and FBI investigated and
discovered it was an inside job by Cryptsy - then Cryptsy knows they would be screwed.  but by leaving the coins in those wallets
 (probably still on their servers) they are leaving themselves an out. Now cryptsy is simply waiting for the FBI's move - if FBI does nothing, then
Cryptsy can move, mix and sell the coins after the dust settles.

a REAL outside hacker would have used a mixing service and sold those coins by now.

Great, that's the explanation everyone should read. Craptsy behaviour is the worst seen in crypto world so far, everything has been calculated to try to save their arse. But we are not monkeys waiting for bananas.

There's always a bad hacker around to save an exchange responsibilities. 

[phreaky]

Why are you guys going crazy with this? Is not something new. I think we all have seen a bad drop out in the past.
This is actually not a big drop is still above the 400 dollars. I think is just stable for now I am not seeing going really that low.
This the beginning of the year you know so have some faith for bitcoin.

[flagpara]

man you're talking the same shit you talked before, we were at 430 even before and you said prepare for sub 400, nothign happened, we went to 450 instead, now again

how naive are you(besides being a troll of course) to not think that they are playing the range of 430-450 like it was in the range 230-250?

500 wall will be broken soon, and the vlue will remain stable above it

Well, if he keeps posting this over and over he will be right sometimes 

Shadock idea, the more you fail, the more you can succeed next time!

[1Referee]

Most important lesson in crypto, don't panic sell. Take the the low value as opportunity to buy some more bitcoins 

People are weak, they will shit their pants when they see dumps as these. Normal traders see great opportunities to buy when the price is getting dumped to the ground, but others see it as a "confirmation" that Bitcoin will get down to $100-$200.