Topic: Would the bitfinex ''hack'' be the trigger of the next major rally? - page 3. (Read 2942 times)
August 04, 2016, 05:10:03 AM
Nah, I think if Bitfinex resumes its trading engine again, that people will slowly move to other exchanges, which as result will make Bitfinex collapse or end up being an insignificant exchange in the Bitcoin world. The damage done to the market needs time to recover, and I think the dumping isn't over yet, although the market may seem like it is calm now.
August 04, 2016, 04:39:35 AM
There could have been a "willy bot" operating on Bitfinex. There have been some suspicious price movements on it for over a year. There was a dump to $160 on it a year ago when the price only dipped a few dollars below $200 on every other exchange. Maybe margin calls were responsible for that Bitfinex dump, or maybe a "willy bot" was. Whether it was a "willy bot" or not the price more than trebled to $500 a few months later on Bitfinex.
Perhaps this dump after the ''hack'' could trigger the next major rally, especially if a "willy bot" was operating on Bitfinex before the ''hack''.
Perhaps this dump after the ''hack'' could trigger the next major rally, especially if a "willy bot" was operating on Bitfinex before the ''hack''.
August 04, 2016, 03:12:50 AM
I wasn't with the Bitcoin community at that time , how much it took for the increase ?but as far as I know and from what I read people said there is some "willy bot" who did all that shit so If it's not legit , we shouldn't expect that this time.
August 04, 2016, 03:09:41 AM
The major sell-off at the beginning of the late 2013 bubble looks similar. Both sell-offs are after a bear market and in a beginnig of a bull market.
What do you think?
Update, my prediction:
What do you think?
Update, my prediction:
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