Topic: The influence of hackers on the movement of price is crypto-currency. - page 3. (Read 232 times)
July 04, 2018, 10:46:05 AM
These hackers surely knows how to maximize their profits, and to be able to do that they don't need to sell it all at once as it will just make the trail easier to follow and track. These hacked coins are sold by batches and by increments, so no significant price change is seen and no trails are followed. Somehow it affects the overall price; negative news still has a huge implication when it comes to price. However on the selling side of things, it would take some time before they offload the coins so as not to get caught red-handed.
July 04, 2018, 10:37:06 AM
I believe that they do not manipulate the price significantly. In my opinion it is unprofitable for them to lose a bunch of time to break the baskets, and then for nothing to sell all of it. Here, most likely, they simply roll over all the tows, broadcasters, bitcoins to another baskets, and then they are already selling.
July 04, 2018, 09:50:31 AM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
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