Topic: The fall of the rate? (Read 226 times)
keeping and checking your coins in your wallet is the best way, of course. Regarding other questions, I do not think it will cause anxiety or something similar and reduce the bitcoin price.
Breaking: Tether Allegedly Hacked For $30 Mln
Tether was hacked, from there stole $ 30 million. The depreciation of bitcoin is expected. Bitfinex, perhaps, is also under threat.
Btifinex's problems started after it was hacked out of some 70,000 bitcoins last year. They are issued by IOUs in return for them, with the exchange continuing to operate
Will the course fall because of these events, do you think? Do you now withdraw your money?
Since the invention of crypto currencies, hackers have been trying to get hands on Bitcoin at altcoins. Bitcoin is the most expensive currency and that is why these are targeted most by hackers. However, this has not affect the holders of Bitcoin and you are still investing in this digital currency. I think text change should increase their security but the holders must also not keep their asset at one place.Tether was hacked, from there stole $ 30 million. The depreciation of bitcoin is expected. Bitfinex, perhaps, is also under threat.
Btifinex's problems started after it was hacked out of some 70,000 bitcoins last year. They are issued by IOUs in return for them, with the exchange continuing to operate
Will the course fall because of these events, do you think? Do you now withdraw your money?
I pity for the people who kept most of their money on USDT, but again their fault since they trusted bilndly about the system being secure enough to withstand these hacks.
$30 million is just a small ripple on the $100+ billion marketcap of bitcoin but it sure posits that not all bitcoin-related entities and services are safe as its fiat counterparts. This still leaves a negative impression on people and may somehow affect future growth.
Though the price doesn't seem to care about the recent hack, it still isn't enough to gauge whether the event has really caused damage or not. Oh well, lesson learned the hard way, guys.
$30 million is just a small ripple on the $100+ billion marketcap of bitcoin but it sure posits that not all bitcoin-related entities and services are safe as its fiat counterparts. This still leaves a negative impression on people and may somehow affect future growth.
Though the price doesn't seem to care about the recent hack, it still isn't enough to gauge whether the event has really caused damage or not. Oh well, lesson learned the hard way, guys.
Once USDT blows up things are going to get spicy for sure. Long term I doubt it's going to be more than just a blip on the chart though.
Worst case it's going to be yet another lesson for people to not keep their money on centralized exchanges. Apparently the public needs a reminder every now and then :X
Worst case it's going to be yet another lesson for people to not keep their money on centralized exchanges. Apparently the public needs a reminder every now and then :X
Depreciation, if it happens, shall not be dramatic. Just another down amongst many ups and downs, not all of them explained by define events.
The entities you are talking about can be good points of references regarding the "health" of bitcoin. Yet, I agree with comments above, keep your bitcoin far from those "banks".
The entities you are talking about can be good points of references regarding the "health" of bitcoin. Yet, I agree with comments above, keep your bitcoin far from those "banks".
Always keeping your coins in your wallet is the best solution, of course. Regarding the other question, I don't think it is going to cause mass panic or something similar and reduce the price of bitcoin.
Be your own bank,says bitcoin !!
I would say you run your own node for your wallet. The whole point of Bitcoin is to get away from banks, so why leave your coins in a Bitcoin bank.
Breaking: Tether Allegedly Hacked For $30 Mln
Tether was hacked, from there stole $ 30 million. The depreciation of bitcoin is expected. Bitfinex, perhaps, is also under threat.
Btifinex's problems started after it was hacked out of some 70,000 bitcoins last year. They are issued by IOUs in return for them, with the exchange continuing to operate
Will the course fall because of these events, do you think? Do you now withdraw your money?
Tether was hacked, from there stole $ 30 million. The depreciation of bitcoin is expected. Bitfinex, perhaps, is also under threat.
Btifinex's problems started after it was hacked out of some 70,000 bitcoins last year. They are issued by IOUs in return for them, with the exchange continuing to operate
Will the course fall because of these events, do you think? Do you now withdraw your money?
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