Post
Topic
Board Speculation
Re: South Korean exchange hacks causing Bitcoin price drops, but less consequential.
by
Pursuer
on 20/06/2018, 07:27:39 UTC
bitcoin isn't really that big that when a good news comes out it rises 2-3% and when a bad news comes out it goes down 2-3%. these types of change don't really have to have any reasons they are just market fluctuations. you blink and 2% change happens, that is just how the market is.

if things you mentioned here were really effective then price would have changed at least 10% meaning if the hack was a real thing then price would have fallen down to $5800 and if the other was positive enough the price would have gone up to $7k range. which obviously didn't so they are just noise like 100s of other news out there both positive and negative.