Quote from: Pursuer on May 12, 2019, 12:35:17 PM

in case you missed it, Binance is an altcoin exchange not a bitcoin exchange. so your topic doesn't even make sense! you talk about hacker gaining access to people API (which is not correct by the way) and then manipulating the market but then talk about bitcoin price moving up $500! not to mention that a $500 rise or more precisely a 7% rise is not a big deal at all. it is one of the most common percentage rises that bitcoin has specially when it is coming out of a long downtrend and prior manipulation keeping the price down.

Empty your anger on something else I'm not your punch bag Wink

And do not play the little genius like you're expert in everything related to the universe, take your breath and take it easy ... i didn't forced you to comment here, take a little air and do a little sport to relieve you ...

Meanwhile, to answer your questions:
- Do a little reading from here:
https://binance.zendesk.com/hc/en-us/articles/360028031711-Binance-Security-Breach-Update

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We have discovered a large scale security breach today, May 7, 2019 at 17:15:24 (UTC). Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info. The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used. There may also be additional affected accounts that have not been identified yet.

And Security Update: API Key Reset from here: https://binance.zendesk.com/hc/en-us/articles/360027851252-Security-Update-API-Key-Reset

They didn't mentioned the number of users affected, but 7000 BTC mean a lot, and with that amount of users affected it's easy to make a market manipulation ... and notice that it's possible that the hacker withdrawen to another bitcoin address an incridible amount aswell.

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Binance is an altcoin exchange not a bitcoin exchange

The way you wrote it, it seems that you just learned it! I followed the developement of Binance from the first ICO in 2017 so, i think i knew it just like you !!

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but then talk about bitcoin price moving up $500!

It is normal for the price to go up by $500 or more (Market Change In Dollars, thank's for the percent number).

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it is one of the most common percentage rises that bitcoin has specially when it is coming out of a long downtrend and prior manipulation keeping the price down.

Anyway thank's for your opinion.

Quote from: pakhitheboss on May 12, 2019, 12:49:32 PM

No way this is possible, How can Binance control the price of Bitcoin? Where did this come from? Whats price of Bitcoin to do with Hackers who hacked Binance? Where do you see the manipulation?

It is normal for the price to go up by $500 or more, if it can go down by the same amount in a day or couple of days, this is natural and that is why it is called Bull run.

Stop thinking negative and remember this - if the price goes down it will also go up and vice versa.

Cheers Grin

I am not negative, just looking to understand this situation before making any move Wink