Post
Topic
Board Speculation
Re: Korean virtual currency was ransacked, Bitcoin price dropped $ 9,000
by
Tankdestroyer
on 24/05/2018, 11:41:59 UTC
What is your thought?
Too bad for those who lost their bitcoins when korean exchange was ransacked, that's why experienced users stronly advices newbies to not store cryptocurrencies on exchanges even if it is convenient. My thought here is that the dump we are seeing now is merely a correction, so I wouldn't call it a drop because IMO btc is a little overpriced before the drop. Now, I am seeing a healthier market despite it being priced at 7403$ according to coinmarketcap.
This might be an interesting read regarding this bit of news from OP: https://www.express.co.uk/news/world/914506/Bitcoin-price-cryptocurrency-value-2018-North-Korea-South-Korea-Kim-Jong-un-Ripple