Post
Topic
Board Bitcoin Discussion
Re: Bitcoin VS Time
by
septian44
on 12/09/2016, 20:42:48 UTC
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. 

True, but even the price is dumped and lowered  the bitcoins price because of bitfinex hacked coins but as we can see it still manages to increase its price gradually. We really do expect some  up's and downs of  the price and its normal because of some circumtances but still  the uptrend  is still there, we must all be patient.
Very observant! I’m glad people like you exist and it is just proof that people can see the trends. I too notice that while the hacks may make bitcoin seem less reliable, it is actually still slowly gaining value. That’s because people like us know these security issues will be fixed and bitcoin will continue to gain momentum.
Bitfinex theft case is the biggest disadvantage of the stock exchange Bitcoin,Given the numbers, the theft case has triggered many levels of confusion and frustration among market traders bitcoin prices fell sharply after the news came out but now is back to normal,the bad news is no longer disrupt the current bitcoin prices.