Post
Topic
Board Bitcoin Discussion
Re: Bad Day for Bitcoin. Cryptsy finally admitted theft and Mike Hearn tells truth
by
BellaBitBit
on 15/01/2016, 14:08:16 UTC
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.

It IS all over the news as we speak.  This is just another bump in the road and all I see are cheap coins - it will work itself out.  The technology cannot be controlled by one person.  I try to avoid telling people when to buy or sell because it is volatile and I am not an expert.