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Topic: Will Bithumb hack affect Altcoin too? - page 5. (Read 557 times)

full member
Activity: 347
Merit: 111
June 20, 2018, 09:39:03 AM
#6
Of course it will. After the hacker steals the BTC, he will sell it as soon as possible. So it will depress prices and scare more people! There have been so many hacking attacks recently, it's really worrying!
jr. member
Activity: 448
Merit: 1
June 20, 2018, 09:38:43 AM
#5
Of course this will hit very hard on altcoins as well as bitcoin, because many projects repeat the bitcoin schedule and many respected traders say about it, nothing needs to be invented, everything is already on the surface.
full member
Activity: 378
Merit: 100
June 20, 2018, 09:37:52 AM
#4
Few hours ago i read on CNN that one of the world's largest cryptocurrency Exchange site was hacked and the thieves got away with $30million dollars worth of cryptocurrency. According to the news, the news of the theft at the exchange hit the prices of cryptocurrencies. Bitcoin fell around 2%.

What is your view. Will it affect all altcoins too?
of course because bitcoin fell altcoin prices also fell many altcoin/token is red going dip now so patience and buy back in dip is good
newbie
Activity: 28
Merit: 0
June 20, 2018, 09:36:09 AM
#3
Of course it will. Until we get more fiat/altcoin pairings, the whole market generally follows Bitcoin - if Bitcoin gets hacked, everything dips. You can already see red across the board if you go to coinmarketcap right now.
Uhmmm, the thing is bitcoin is always going to be at the top as it is the main cryptocurrency. In order to get into other cryptos you need to buy bitcoins first thus raising it's dominance, in order to get out you need to sell alts for btc. Thus bitcoin price will always affect crypto price
legendary
Activity: 2268
Merit: 18706
June 20, 2018, 09:33:01 AM
#2
Of course it will. Until we get more fiat/altcoin pairings, the whole market generally follows Bitcoin - if Bitcoin gets hacked, everything dips. You can already see red across the board if you go to coinmarketcap right now.
jr. member
Activity: 159
Merit: 2
June 20, 2018, 03:01:36 AM
#1
Few hours ago i read on CNN that one of the world's largest cryptocurrency Exchange site was hacked and the thieves got away with $30million dollars worth of cryptocurrency. According to the news, the news of the theft at the exchange hit the prices of cryptocurrencies. Bitcoin fell around 2%.

What is your view. Will it affect all altcoins too?
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