Post
Topic
Board Speculation
Re: Bithumb hacked: price went up = good sign?
by
Greed Dev
on 20/06/2018, 20:14:43 UTC
Bithumb was hacked yesterday and the news has been spreading in the major media for at least 14 hours now based on the article times[1].

price however has not shown any reaction to the news and on top of that in the past 14 hours we have had a rise. granted it was a small rise but still it reached $6841 a couple of hours from this news.

is this a good sign that we have reached the absolute bottom?

[1] https://www.ccn.com/breaking-south-korean-crypto-exchange-bithumb-hacked-thieves-steal-30-million/
Market prices are hard to predict. Sometimes there is a lot of good news for crypto, but the price of the market will drop. And today when there is bad news such as exchanging Bithumb attacked, but prices have not dropped and are trending up.