Post
Topic
Board Speculation
Re: Bithumb hacked: price went up = good sign?
by
snipie
on 20/06/2018, 20:32:33 UTC
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.

That's correct, I remember when the bitcoin halving happened for example, the price didn't move much until many weeks later. It is the same now, the price will not be affected so much until a large amount of coins will be dropped in the market later.