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0day
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August 03, 2016, 10:37:25 AM |
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Today we are seeing a resting position in the price, we should have to wait a little more the price will be better in the coming future, it will recover sooner and I hope the price of bitcoin will once again start to increase within a few days.
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quake313
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August 03, 2016, 11:29:24 AM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
Bitcoin is not the problem, it is unregulated Chinese exchanges. |
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mOgliE
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August 03, 2016, 11:35:25 AM |
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If you do think it will recover, how long?
by next week this will all be behind us and the price should be back up around $600 Maybe. Maybe not. 119,756 BTC were confirmed stolen in the hack. Of which already 5 to 10% were sold. They won't sell it for 200. So expect a dozen of flash sells breaking the price through 300 and then suddenly stop, waiting for the price to rise again. |
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bajing
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August 03, 2016, 11:35:44 AM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
Seriously 120,000 bitcoin has been stolen from bitfinex? it's too bad when we need to rise the price by doing hold some coins but seeing the price looks strong maybe china market will buy that's coins and make the price rise like a rocket luncher. |
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bri912678
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August 03, 2016, 11:38:32 AM |
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A month after Bitstamp was hacked the price shot back up to its pre-hack price. A day after the crash it had shot back over 30% from its lowest price. The best time to buy is during the panic dump, which was down to $465 this time. The price will probably have recovered from the Bitfinex hack within a month.
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QuestionAuthority
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You lead and I'll watch you walk away.
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August 03, 2016, 12:03:26 PM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
Doh, you think? I wonder why people don't trust Bitcoin when they see news like this? Makes no sense at all. Of course, someone here will have some snappy comment why this doesn't matter but the truth is that the average idiot doesn't know as much about Bitcoin as you do. All they know is shitloads of them (millions of dollars worth) keep getting stolen. They don't see Bitcoin as money. They see it as a single system. What they see is some new high tech drug seller Wells Fargo or Chase Bank type system keeps getting robbed of millions. Would you keep your money in Wells Fargo if somebody stole millions from them every year and they didn't have fraud protection built in to the system? No you wouldn't, don't lie. |
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bitstealth
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August 03, 2016, 01:05:57 PM |
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If you do think it will recover, how long?
I'm quite sure it will get recover by the next week, price will be over $600 because this bitcoin and bitcoin always doing like this, this is bad news another crashed because of this inside job. |
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Tzupy
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August 03, 2016, 01:12:17 PM |
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I would like to see more info about this statement:  2fa was bypassed by this attack and anyone who held btc on the site had a bitgo wallet. |
Sometimes, if it looks too bullish, it's actually bearish
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Quickseller
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August 03, 2016, 01:14:20 PM |
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I would like to see more info about this statement: 2fa was bypassed by this attack and anyone who held btc on the site had a bitgo wallet. I believe that bitfinex had a BitGo account that had 2fa enabled, and the attacker was able to bypass 2fa, and access their BitGo account without the 2fa token. If this is the case then I would place a portion of the blame on BitGo. |
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randy8777
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August 03, 2016, 02:37:44 PM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
so far there has been no statement from bitfinex regarding how many coins they have lost. don't believe everything you read online. people are out to spread as much fud as possible to get people to start panic selling like there is no tomorrow. just keep holding your coins. whalew want you to sell them. don't fall for it. |
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tomothy
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August 03, 2016, 03:19:42 PM |
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No, they confirmed that 120k coins were stolen.
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calme
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August 03, 2016, 03:24:00 PM |
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Well maybe someone else will hack the site to send the same amount back in
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crairezx20
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August 03, 2016, 03:48:42 PM |
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Well if we compare to last year that there is exchange site got hack too i think it will recover again back this coming novemeber this is just my speculation but anytime the price can be recover soon..
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nomnomnom
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August 03, 2016, 04:04:20 PM |
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What I am a bit worried about is that finex still has open long/short positions (I think). Hope we don't crash hard again when they get closed  |
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derpinheimer
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August 03, 2016, 07:47:53 PM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
I would highly recommend you do that. It's just not safe to have them on any exchange, and that's all theyre worth at the moment. |
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ivanst776
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August 03, 2016, 09:25:33 PM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
We don't know if bitfinex will be able to get back the bitcoin, or if they see who is using these bitcoin so they can arrest him/them. It's pretty hard to believe how this drama will end but I think that for bitcoin to get back the price to $650+ will be needed from one to few months. |
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Junko
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August 03, 2016, 09:38:24 PM |
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I see this as just another blip in the road and took the opportunity to add to my hodlings for a bit of a discount. I wouldn't even mind if the price continued to drop so I could pick up some more.
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universe_
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August 03, 2016, 09:41:12 PM |
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Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.
yeah, no one is safe from it right now, in my opinion the price of the bitcoin is going to bounce back but if something like that happens again it will be hard |
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KingdomHearts
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August 03, 2016, 10:21:01 PM |
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yeah its very bad effect for bitcoin that bitfinex happen , but i am sure bitcoin recover its value in few weeks too much faster , recently bitcoin are improving its price .
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Romanko
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August 03, 2016, 11:52:48 PM |
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If it is only Bitfinex who is to blame in the current BTC price drop, then the value of BTC should return back to 600+usd in few days.
The BTC volumes of the trades were yesterday higher 3-5 times then usually because first somebody was selling a lot of BTC, and afterwards buying even more. Some people who paniked got rid of their BTC when the price dropped and at the same time some other guys used this situation)
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