Well here we go again. Every couple of months Korea has some exchange hack, raid, fraud or something that shakes weak hands of their bitcoin. This week it was a government raid of their largest exchange Upbit. Well guess what, it has the same results of every other Korea centered fiasco.
That’s right. NOTHING. This is getting really old really fast, and it’s sad that it works every time.
Last one day cryptocurrency market suffered a lot due to this unwanted activities and news. Major alt coins including BTC were drastically down. As a steemit user it is very painful to see th steem down. However, the market is showing green now. Thanks fo the valuable information.
I don’t mind when steem goes down. Give me time to buy more. Have a goal I’m trying to hit.l, but I am tired of the bs.
Thanks for the update! Does this twitter account serve as a source of authority? That's funny the government didn't understand their situation. Maybe "raiding their facility was an overstatement." Glad to see crypto has bounced back. Let's give a moment of silence for all the weak hands haha!
No problem. Yea this guy is pretty sharp with the news reporting and is generally spot in getting info first.
You right, it’s sad that it works every time.
for that I like to use bittrex
Thanks for update.Market suffered a little but we should just take advantage of current situation🤗Sadly momentary all I can do is to wait for monday and buy some more for only 200$ since Im poor student.I hope prices wont recover till monday but Im not so sure.There will be Consensus 2018 at Tuesday.Let's hope my 200$ wont miss the train 😂
I don't miss those student days at all lol. Hopefully it will hold off for you.
what are you studying?
Im studying IT.Im not enjoying my current situation too.And to be honest all I invest is pain in the ass for me since 200$ is worth like my monthly spendings lmfao.But Im hoping for the better future and investments paying off
People never learn that someone wants the prices to go lower for some purpose. Thats why they will FOMO again when market are green. And get rekt as usual. How many time does it have to happen??
Or MT Gox FUD - those coins are probably being sold OTC. But people panic sell.
Control your emotions and act exactly opposite to what the mob is doing.
The market has not matured as of yet and it shows every month lol
@crypto2crypto, police raided Korean exchange office. They were short. LOL
Definitely best time to buy! Especially EOS
& Steem
Loaded up my friend. I can’t buy anymore Eos lol.
Well, people never learn. This shit could go on for 10 more years and everyone would still fall for it.
There is a parity video that describes this situation to a tee. Sadly with new people getting n daily this will keep working
This sucks.
I though that crypto will go up for a while, but market is taking a hit big time
Sucks because we had solid momentum
Due to this issue, we are facing this recent dump, hopefully, we will recover soon.
Hopefully
Hope and hodl
I totally agree....
I can't even remember how many times these shit have happened.It has to be a manipulation...
Whenever market is about to reach high levels it is like ALWAYS is happening...
Control the prices with fud until you can control it with sheer wealth.
My first reaction was to laugh when I read your post while thinking at these weak hands who sold their coins for cheap prices. They really can't seem to see the mechanism of these fuds.
I guess they deserve them. Ignorance has its price to be paid.
I laughed as well, this is how whales get bigger and bigger. By eating the emotions of minnows.
If it aint broke dont fix it. No need to pass the ball if they can't stop the running game. ETC
until people stop freaking over the same fud, we who realize its the same repackaged story will have to suffer for their fear and mistakes.
if only every retail investor kept themselves as educated on the market as their money deserves.
Well at the end of the day this is sort of natural selection. Those stupid enough to fall for this don’t deserve to be in it for long.
Oh no but why Korea is did this bad activity but thanks for sharing your precious work with us @crypto2crypto I will remember your information.
This is gonna be a set back for Upbit eventually. So sad, this calls for some public concern.
yes you are right
sometime i don't know about that
thanks for sharing
Thats how the run the market, scare the market, bring it down and then let it rise back. As simple as dat
Should not be this easy though l.
your post is rich
I am resteemit your post sir
Korea is continuously in the news for dropping the price of cryptos due to issues like hack, fraud or raid by govt. It creates a bad impact on cryptos. Let's hope for the best @crypto2crypto
Hopefully this incident will not happen again, because korea is one of the largest crypto market in the world, every news that appears affect the price movement of crypto in the world.
I am among those who feel the impact: D