Post
Topic
Board Speculation
Re: At what price we would be at if Btifinex disaster didn't happen?
by
ivanst776
on 19/09/2016, 20:22:02 UTC
I often think about this nowadays. We were on a spectacular uptrend. Core team was about to launch 0.13 and the halving happened, we were on the good track, but Bitfinex happened, ruining the good uptrend with the stupid ass dump. Fortunately we recovered quick, but the uptrend is not as strong and will take some more time now to go 1000+ again.

I'm not sure what would be the price if that hack wouldn't happen but I'd be sure that the price wouldn't go lower than $700.

Maybe it was planned to have a dump or a pump after the halving and at the time when the hack happened but this hack covered them.