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Re:
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J
jeffrey E. Aug 3, 2016 12:00 AM
it is not the hack decline it is the overall up and down volatility. check against other currencies. it acts as a security, on bad news.
J
jeffrey E. Aug 3, 2016 12:00 AM
the halving, drove prices up, right in time for the hack? what happened? as you can see from the charts it does not behave like a currency
J
Jeremy Rubin Aug 3, 2016 9:03 AM
How does a currency behave when the banks get hacked?
J
Jeremy Rubin Aug 3, 2016 9:14 AM
The pound dropped a lot on brexit, did it not? How is that different.
Also the hack is large scale enough for liquidity issues to pop up.
People may also sell their coins until they can audit their security.
J
jeffrey E. Aug 3, 2016 1:18 PM
To
it dropped 10 percent and immediatly stabilized. it dropped as a result of short pressure, the hack is entirely a different animal. ill be in cambridge i think on sat if you have some time
