Quote from: BitcoinSupremo on September 11, 2016, 06:06:02 PM

Quote from: Denker on August 28, 2016, 10:18:59 AM

Quote from: amacar2 on August 27, 2016, 05:26:48 PM

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard.

Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.

What if the hacker lives in a well developed country where he can exchange his coins in p2p transaction locally without involving exchanges. There is high risk with such possibility but it can by pass the exchanges. Another try is since he has a lot of coins he can try a mixing service in the dark net. At that place no one gives a damn from where the coins come from or how the person got on hold of them. So these coins can be dumped pretty easily but I think the hacker is waiting for some time to pass before exchanging them.

Bitcoin vs Time ? Time is a big ally of bitcoin as with the passing of it the user base only keep increasing. That says it all, bitcoin will be stable and maybe even go up in price for the coming years.

he'd have to use tons of small mixers, and that'd take lots of time, but the coins will likely be transferred. Any mixing service will work, as long as it mixes correctly and he doesn't mix them all at once.
This issue will be forgotten in a few years, and it'll be remembered as just another Mt. Gox in the next year or two.