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Author Topic: At what price we would be at if Btifinex disaster didn't happen?  (Read 5061 times)
outatime1
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October 08, 2016, 11:26:38 PM
 #61

The price might be a little higher but I don't think it made a huge difference in the price. There have been several problems with exchanges over the last couple of years and I think all of them have an effect on keeping the price from going higher.
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October 08, 2016, 11:32:17 PM
 #62

I think 700 or 800 value this is what i think the easy goal to reach when the price is 600 level.
But i think the price will increase again back but it takes a long time again.. my estimate november or december we will see that the price will hit at 600 value again or more..

It would of definitely been more than $700 because it was at $720 when the bitfinex disaster impacted the price all the way down to $490. How I know this? Because it was happening right before my eyes as it unfolded.
I was buying coins then all the sudden cried when I saw the price started tumbling $20 by $20 every 10 minutes. It was a nightmare that I don't wish to ever see again.




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Tanic
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October 09, 2016, 05:47:44 AM
 #63

I am also thinking about what would with price for bitcoin if Bitfinex hacking didn't happen. The price was over 1000$ per 1 BTC in July. After the hacking the price gone down and now it rising, but this days the price seems frozen on 600$ point. I doubt that bitcoin will reach 1000$ point this year again. I think if hacking would not happen the price for bitcoin would be over 1000$ for sure.
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October 09, 2016, 10:58:36 AM
 #64

I am also thinking about what would with price for bitcoin if Bitfinex hacking didn't happen. The price was over 1000$ per 1 BTC in July. After the hacking the price gone down and now it rising, but this days the price seems frozen on 600$ point. I doubt that bitcoin will reach 1000$ point this year again. I think if hacking would not happen the price for bitcoin would be over 1000$ for sure.

just like GOX the BFX theft will be forgotten about in awhile  and the price of bitcoin will not care  and keep rising
like it always does after every disaster
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October 09, 2016, 08:50:27 PM
 #65

as after halving it was expected that the price of bitcoin will increase so mcuch, but after halving when the price of bitcoin start increasing teh bad news aout bitfinex happen it really put a verse effect on the price of bitcoin.
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October 09, 2016, 08:55:44 PM
 #66

Good question.

Bitcoin price was already dead cat bouncing before the hack, but it was the final nail.

Now of course, the post halving dump was not supposed be that steep if there was no hack, I would think that $500-550 would've been the bottom, but after Bitfinex we saw $400 prices for a moment.
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October 09, 2016, 09:38:31 PM
 #67

Good question.

Bitcoin price was already dead cat bouncing before the hack, but it was the final nail.

Now of course, the post halving dump was not supposed be that steep if there was no hack, I would think that $500-550 would've been the bottom, but after Bitfinex we saw $400 prices for a moment.
You can not forget about the halving in all this price devaluation several months after the hack was done. So it was a double dump on price in those vital summer months to result in what we have now.
Which is rebounding now as the rise is coming. Grin




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Torque
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October 09, 2016, 10:09:40 PM
 #68

What if I told you, that the hackers already had the hack planned long before it actually happened, and thus would never have run the market price up to ~780 without it planned beforehand?

But... but... Torque, are you saying the pumpers and the hackers were working together?? Or that (gasp) that they were one in the same people???  Any maybe that Bitfinex was behind it all from the beginning???

But no... NOOO... that can't be!?!?!

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October 09, 2016, 11:17:14 PM
 #69

The price might be a little higher but I don't think it made a huge difference in the price. There have been several problems with exchanges over the last couple of years and I think all of them have an effect on keeping the price from going higher.

Nowadays it's somewhat of a normal occurrence that each time the price is on the brink of exploding, that an exchange gets hacked, and all efforts are gone to waste. It happened too often to be coincidence. It's not the first time, and I am sure it's also not the last time.

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October 10, 2016, 04:00:56 PM
 #70

to me if the bitfinex issue was not happen, i think bitcoin will now trading above 800 USD.
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October 10, 2016, 04:04:17 PM
 #71

I have lost some small funds in the Bitfinex hack. Guys come on, this hack is now a few months ago, it is seriously a waste of time to keep talking about this subject. In fact keeping topics like this up in the ranks has no marketing value at all.

Please leave this case closed
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October 11, 2016, 09:46:21 AM
 #72

What if I told you, that the hackers already had the hack planned long before it actually happened, and thus would never have run the market price up to ~780 without it planned beforehand?

But... but... Torque, are you saying the pumpers and the hackers were working together?? Or that (gasp) that they were one in the same people???  Any maybe that Bitfinex was behind it all from the beginning???

But no... NOOO... that can't be!?!?!

~snip image~
All of those were actually possibilities. Or maybe for the very least of it, the hackers only did wait for the price to pump and the pumpers and hackers aren't related at all. It's also possible that they have a contact with a group of pumpers. Keep in mind that these hackers aren't just kids that can only ping google in CMD. These hackers likely are on the top of the chain and that basically means that they have a lot of contacts around the Internet.

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October 11, 2016, 03:29:35 PM
 #73

If Bitfinex disaster didnot happen, surely Bitcoin prices would have crossed $1000 dllars by this time.Still Bitcoin has started to recover from that disaster slowly and price has started increasing.

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October 12, 2016, 12:27:11 AM
 #74

I have lost some small funds in the Bitfinex hack. Guys come on, this hack is now a few months ago, it is seriously a waste of time to keep talking about this subject. In fact keeping topics like this up in the ranks has no marketing value at all.

Please leave this case closed

Oh sure sure, yes let's leave it closed.... until the Bitcoin market rallies to fresh new highs again, and everyone is elated and overjoyed!!! So overjoyed and happy that they completely forget about it...

...or at least they were happy, right up until the ~110K Bitfinex hacked coins that everyone forgot about suddenly move from their wallet addresses, and start heading for the nearest exchange to massively dump on everyone's fun.   Cry
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October 12, 2016, 12:30:29 AM
 #75

What if I told you, that the hackers already had the hack planned long before it actually happened, and thus would never have run the market price up to ~780 without it planned beforehand?

But... but... Torque, are you saying the pumpers and the hackers were working together?? Or that (gasp) that they were one in the same people???  Any maybe that Bitfinex was behind it all from the beginning???

But no... NOOO... that can't be!?!?!



You're smart.
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October 12, 2016, 12:30:43 AM
 #76

to me if the bitfinex issue was not happen, i think bitcoin will now trading above 800 USD.

You're an idiot.
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October 12, 2016, 01:27:56 AM
 #77

acciden bitfinex is three month later
this now volume transaction in bitfinex normal in still high volume transaction
stil high much people use and trade in bitfinex
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October 12, 2016, 10:11:16 AM
 #78

That Bitfinex disaster doesn't have some significant effect over price of Bitcoin. We may see a spike but overall price were remaining in same range with some percent up or down. Halving this time helped the people to achieve the maximum stable price even before that happening. I don't say there was some visible difference in price. It is very good price even now without any doubt.
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October 12, 2016, 07:33:02 PM
 #79

The price might be a little higher but I don't think it made a huge difference in the price. There have been several problems with exchanges over the last couple of years and I think all of them have an effect on keeping the price from going higher.
yes that is a fact that the price of bitcoin was effected a little by the bitfinex hacking news but it recover its position very soon and then it start trading in its normal position, therefore i think it will be trading in the same value even if the bitfinex issues does not happen.
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October 12, 2016, 11:22:01 PM
 #80

to me if the bitfinex issue was not happen, then the price of bitcoin will be trading above 800 USD, i thin bitfinex really wast the time of bitcoin.
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