As news are spreding that Bitcoin's recent dip is due to South Korean Exchange Hack.But I don't think it's about the south Korean exchange hack.
Bithumb hacking is not the reason for BTC dip
=> Bitcoin (BTC) is bigger than one exchange.
=> Exchange covering the loss, so there is no loss for the market so there is no any chance of price moment due to this hack.
This is just my point of view, please let me know your views on this. What you guys think about it and why ?
I also used to think the same
Thank you for reading the article and your views.
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Thanks for the answer. But may I know on what bases it says that ?
Most probably the reason is "market manipulation" from whales which back up their pump or dump with news.
However this was a minor dip and shortlived.
Ya whale doing this things kind of everyday. Ya it was short lived but just shared as my view.
Thanks for your view.
Nice blog i upvote follow and comment u now your turn
Sure friend.
Thanks
i dont think its due to hack
I think the same :)