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tereskapl
Aug 8, 2016 6:06 AM

BTC No Go AREA Short

Bitcoin / U.S. dollarBitstamp

Description

After stealing that much of BTC it will EVENTUALLY tank.
Hacker will sell and this will start the panic.
Comments
Young_Satoshi
I don't think so! If any of those stolen bitcoins hit the market or OTC, thats going to raise a few Red flags dont you think?
RyanWeb
No because the entire idea / purpose behind bitcoin was not compromised. One of the key features of bitcoin is to allow users to store, secure their own coins, and act as their own, decentralized bank. If your going to have them sit on an exchange, you might as well go back to fiat currency and have it sit inside a bank account.

My btc is securely stored on my PC in a wallet, or in my safe on paper.. Everyone has read the warnings in numerous article saying not to store many coins on an exchange. I also have a few btc on poloniex right now that are in trade.. I understand the risks and keep a minimal amount in there.
RyanWeb
Maybe, but long term it will only keep going up.
tereskapl
yep 2017 i think will pump again, but not now, especially after stealing that amount of BTC at bitfinex
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