Re: Bad Day for Bitcoin. Cryptsy finally admitted theft and Mike Hearn tells truth
For everyone who holds bitcoin well done I take my hat off to you. But I am afraid the same will happen as when all the other major exchanges were hacked. Its not exactly in the news yet. Probably the big boys are getting rid of their stash until they start with the big announcement. Cryptsy was one of the main exchanges whether you like it or not and they do not even know how they were hacked. Its scary for everyone. I will come back on this thread to tomorrow and I can bet you any money it has gone down at least by 20%.. Hopefully it will recover as people say but it wont be unaffected by such a big exchange going down. Sorry ANOTHER big exchange going down.
Anyway its all speculation but when this has happened time and time again that's just the way it goes.
Anyway its all speculation but when this has happened time and time again that's just the way it goes.
I never trusted Cryptsy 100% and always looked at it as a hobby-exchange run by people who aren't experts. I traded some coins there in the past but always withdrawed my coins same hour/day. Most exchanges are always a risk, I believe BTC-E will go down in the future and some smaller exchanges too. The only one I trust is Kraken.com . Anyway, 1 golden rule (for me) never leave (many) coins at an exchange wallet, and don't trade with "money" you can't afford to loose.
very good point.
now, the BTC price is going down fast. if "you" won't sell, you will regret.
