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Author Topic: Bitcoin under 6700 because of exchange hack !  (Read 233 times)
samcrypto
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August 13, 2018, 10:13:14 AM
 #21

maybe it's a mistake from the exchange system.
so that it makes the Bitcoin lose in it.
Bitcoin like that is very expensive if the price is stolen.
Well, this topic refers from the previous dump and now there is no hacking incident with the exchanges. Its really more on the ETF and the profit taking of the whales. Now we are on a stable level which think big investors are preparing again to pump the market and make another exit. I still hope about that ETF, but if you are a hodler better to relax and don’t look at the market everyday.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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August 13, 2018, 05:37:53 PM
 #22

A Korean crypto exchange Coinrail loses over $40M in tokens following a hack. Coinrail was hit by an apparent attack over the weekend.
source: https://techcrunch.com/2018/06/10/korean-crypto-exchange-coinrail-loses-over-40m-in-tokens-following-a-hack/


Actually I think that is news can affect the price but it is not main reason for the price declining, because we are seeing the tendency of declining bitcoins price for a long time already and we cannot say that one particular case is the reason of it.
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