Binance Hack

Why hasn’t there been a significant dip in the light of this news?

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>News are more important than technical in price action
you'll never make it

Because it wasn't hacked for real.
They have top tier security system that alert them even if someone log in in someone else account.
You really believe someone could steal 7000 BTC so easily?

i guess they haven't dumped on the market yet

The tether FUD sure caused a panic, yea not always but I figured between this hack and the tether fiasco we might see a slight dip under 5500 anyways.

>biggest exchange freezes withdrawals due to “hack”
>why is no one selling?

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GOLDEN BULL RUN

It was a bunch of phished accounts again , these accounts were able to consolidate funds into a stolen whales account and move them out on this whales account which normally does large transactions.
The whole thing comes down to sections of users being retarted vs their core infra getting compromised.
The worst part is how long this all took and how clueless the whale account was. He verified the fucking transaction via email ping.

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>Technical
>Crypto

TA doesn't work in a manipulated market.

Because if CZ follows through on his promises you will never see these prices again.

back to your stock market ponzi you speculator.

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how come nobody came out complaining their funds were stolen?

big boys are basically paying people to hack exchanges when it's time to short based on TA

7k BTC is nothing burger in current volume. It may will cause a crab market for 30 mins or some bullshit.

>TA doesn't work
fixed it for you

This is what I believe

simply because it wasn't hacked, retards got phished.
this is like saying steam was hacked when a russian scammer got your credentials because you logged in to a fake site
however i dont approve of them not losing their funds due to safu

because binance mitigated the risk of a hack through their distribution of funds

the market is maturing and users understand that binance's failure is unrelated to the performance and merits of bitcoin itself

Very valid points lads I guess if you have HODL’d this long in the market through the 2018 binance losing a few cones from a phishing scam isn’t anything to drop out of the market over I’m feeling extremely BULLISH.

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