Post
Topic
Board Speculation
Re: BITFINEX crashed, bitcoin price falls. Will it recover?
by
Red-Apple
on 05/08/2016, 04:18:11 UTC
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.

This is an unlicensed exchange, I don't think it will do anything to harm bitcoin's attractiveness to new or current investors.

it will harm it because it was a big amount that was stolen from one of the biggest and most famous exchanges. i agree that it was just an unlicensed exchange but that is always harmful.

although i should mention that the effect is only temporary and not that big anymore.