One more bad day for Bitcoin and all Crypto market. This time reason for selloff is hack of cryptocurrency exchange Coinrail. This is another example how immature Crypto market is at moment. Coinrail is small cryptocurrency exchange, not even at Top 50 cryptocurrency exchanges.
At mature market this kind of thing can't happen, that hack of cryptocurrency exchange with average 24h trading volume of less than 10 Million USD provoked Crypto market selloff of 46 BILLION USD!
I can't say nothing more than WE HAVE ONE MORE FUD!
This situation creates one more buying opportunity and I will buy more BTC, STEEM and COSS today. This is NOT investment advice and if you wanna buy something, please do your own research.
I would like to hear your opinion about current Crypto market drop.
Regards,