Quote from: ASHLIUSZ on August 05, 2016, 09:50:46 AM

Quote from: ronaldo40 on August 05, 2016, 09:04:04 AM

Quote from: cleverlittleme on August 05, 2016, 07:46:20 AM

Even a 65mio $ hack could drop the btc price for about 10% only one day.
I think bitcoin has proven to be a save investment.

it was about 120,000 got hack. if all dumped, yes it will not matter, because the volume of bitcoin in one day about 200,000. so the price of bitcoin will recover soon if it is dumped. like yesterday when the price down to $530 during the panic, and now has recovered to $570.

Almost 120,000 bitcoin worth around $78m has been stolen from Hong Kong-based Bitfinex, one of the most popular cryptocurrency exchanges, causing a 20% drop in the value of the currency sending bitcoin's price crashing from $650 to $530 and it had the strong power to recover from it. so sure we can believe that bitcoin will prove it is a better investment.

That how strong bitcoin is, even with one of the the worst crisis that is happening now, bitcoin still survives and it is getting stronger now with the price increasing going back to its normal price, if there was no hacking incident that happens, we could already see a good increase as of this date.