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RE: Bitfinex is GONE - Bitcoin will RECOVER - I am buying more BITSHARES!
Bitcoin will undoubtedly recover, but don't underestimate the amount of damage these events cause to the public opinion...
And I'm not talking about within the cryptocurrency community, I mean those people in the streets, who have vaguely heard something about bitcoins once, and kind of start to realise that you can pay with it, and that more and more places are starting to accept these bitcoins.
Events like MtGox, and now this are major setbacks on the road to wide market acceptance,...
I was waiting for Bitfinex to happen - I knew it was only a matter of time until something big like this would crash and burn their exchange.
Many people in #steemit may not know how important #bitcoin is for the entire ecosystem of everything crypto, but Bitcoin is the BIG MONEY that runs in and out of all these altcoin-systems and keeping the prices and marketcaps up.
Were your expectations wpecific to bitfinex?
yes, @akhavr - I was 100 % sure that Bitfinex would get mega-hacked after listening to their bullshit-answers to trivial technical questions about their management of peoples funds.
They had no clue what they where talking about, so because of that - I never deposited with them and told my followers to avoid that place like the plague.
I'd agree, for the last few days, everything on Coinmarketcap.com was in the red. I'd say this was down to Bitcoins worries.
If people did research they would see there are solutions. :D #bitshares
Bitshares is a great exchange solution - I just doubled my Bitshares-holding because of this bitfinex-fiasco.
I believe Bitcoin had suffered enough damage over the years. From early news of Mafia using them for drug deals, and financing of terror activities and so on. Negative events will echo and spread very easily, and one of the reason will Bitcoin will recover (definitely) is because the usefulness of cryptocurrency for now, and even more so in the future. But i guess the main reason it will recover is because like what @fyrstikken mentioned, Bitcoin is where all the big money is at the moment, the number of believers now will be able to push this bitcoin prices above 600USD again, just a matter of time, tops 2 weeks I guess.