Crypto in danger

[zhoutong 2188]

At that time Bitcoin was looking very bullish as there was a long time with bears trying to bring price down but they were met with huge support from buyers that were institutions buying from grayscale and companies like microstrategy and square. There was no way for Bitcoin to be bearish because regulators found Bitmex after so many years of moving against the law.

[mahdititus16 216]

i rhink the crypto in danger but there something you need to know about it brother so read my comment 

I think that the crypto currency is the best platform around of the world.. Many people are know that a bitmex i Think bitmex was not a bad news..you should be relieved form this danger,,it will be great benifits to us..

so that all i have about your question so good luck brother .

[annayks 2314]

It seems there wasn't any problem and your fears were unjust. I remember this bitmex fud and while bitmex is in trouble it doesn't make a difference for Bitcoin since the demand was so high that problems like this one doesn't change the course the price is taking.

[Mahmod aljarah 1383]

Well, that is not reassuring news ... even though I do not use it ... But I only love the good of others
I think that merchants and others will use other platforms and benefits and their business will not stop
If you are afraid, withdraw your money before it closes🙄

[percare 3192]

I think that Bitcoin was not in danger and this was tiny in front of the buying craze. Bitcoin is your best shot for 2021 so don't miss it. This that happened with Bitmex wasn't bad for Bitcoin, it helped as Bitmex hasn't helped many traders with making money.

[Syedbesharat 5423]

On 10/3/2020 at 1:48 AM, moeletaly said:

I'm very afraid because there are many bad news at this moment like bitmex I listened that the platform will locked and all people's money will be locked and no one will take his money .

What about you all ?

This is bad news and any investor will be terrified from this. All the investment is lock and the platform is not giving withdraw so far I  see the effect will be gradually and many people  will be effected. Their for don't  place assets in one place and don't  invest big amount which will cause  you big loss. Now a days best way is to invest in different sites and in different amounts. The Yobit and binance is good exchange if you wanna quick and safe heaven for you. 

[setifien 1016]

I think crypto has greatly progressed that its existance is no longer dependent on any platform (exchanges/wallets) but it depends on crypto community member, and as you may notice this community is expending day after day, so I think there is no danger for crypto

[Simon London 1749]

Hello everyone, I consider that cryptos are not in danger, on the contrary, every day, the increase in the usability of cryptos is observed, as a payment method and as an investment alternative to earn money, the cryptographic world came to stay the same as your technology.

[kryptonick 2659]

Have no fear young child. The power of Bitcoin are protecting us. The price will not drop just because Bitmex or any other exchange has problems. Kucoin was hacked, nothing happened, Okex stopped withdrawals nobody cared, Huobi, Bithumb, Uptrend, and all Asian exchanges are under investigation. Nobody cares. Bitcoin is not about them and they can't crash the price. In fact they did it in March and lost half of their bitcoins. So these big whales don't have any power today. There will be more later.

[M.bello 1015]

I don't think crypto is in danger I don't think so because is helping many people around the world to earn a living most especially those who don't have job to do all you need is post useful content which will make you achieve your aim and objective, patient is the key to success 

[Hanbal 359]

On 10/2/2020 at 1:48 PM, moeletaly said:

I'm very afraid because there are many bad news at this moment like bitmex I listened that the platform will locked and all people's money will be locked and no one will take his money .

What about you all ?

Where have you gotten the source of information from?but if the information is true what is their reason of shutting down their platform ? which means that any person that has money with the  platform will loose it money be that?

[Jromz 2158]

I think there's no reason for concern here, things like this Bitmex issue have been happening all the time, and no significant affectation has reached Bitcoin and mainstream cryptos. Here, we can totally use that famous quote by Friedrich Nietzsche, "That which does not kill us, makes us stronger", meaning there is much needed to significantly affect than a problem with an average exchange.

[pablomarwan 3082]

This is not good news. It's also a big pitching. There are a lot of clients who lost their money with this published news. Many platforms have gone bankrupt due to the pandemic in recent months. Also, you will not be able to compensate everyone, even if you want to.

[Cleaner 2549]

19 hours ago, Zinat08 said:

In fact, I know nothing about it.  And I don't use Bitmax.  Do not use cryptocurrency.  But if this happens then it is really very sad news.  GOD guides all.  But I don't think it will happen.  Because these are competitions.  And I will not believe until I find the proof of this.

@Zinat08..bitmax is an exchange site.  However, I did not join that site.  However, I did not check whether it is the real site.  But if someone loses money by trading and investing there, it is sad for him.  But I will never stop using cryptocurrencies. Because cryptocurrencies are very generous and profitable.  I am making good money by investing and trading with cryptocurrencies.  Crypto currency has changed my life.  However, for those who trade and invest without experience, it is very risky

[Froshk 1828]

Rumors and trends are all part of the crypto struggle, but it's better to choose what to believe and what not to believe because these can cause you to make wrong decisions that you might regret, 

Another important point is to choose a reliable exchange site 

[DreamStage 2105]

Well it actualy depends where the big whales have invested.

 

If they in fact will lose big amounts of funds then for sure we will see huge price dumps based on bitmex lockdown.

But those can also be rumors and speculations for people to leave that exchange and go somewhere else to create a sort of temporary dump -> pump volatility on the market.

 

I would not be so worried about it anyway, so just relax or if you have funds there and are worried, wtransfer to  another exchange.

[Fixfin 2569]

This was no reason to fear for something bad for the price of Bitcoin, only if you have money at Bitmex then you should probably be using another platform or diversify by having some bitcoin there and some in the rest, although perhaps trading will be more difficult this way.

[TimopheyKa 3900]

To be honest, I don't know much about this project, and it seems to me that it is quite possible to believe it. If this project is relevant and it was founded in 2014, then it has any hopes. The main thing is to base your result correctly. If you don't trust this project, why not leave it? For example, change the site to a better one, which is currently very relevant.

[cryptovlek 2597]

This never happened and you shouldn't spread fear like that. There was an event in Bitmex but nothing to do with freezing accounts, everyone was allowed to withdraw. Bitmex faced a lot of competition since Deribit, Bybit and some more exchanges of same trading style were founded since 2017-2018 and with Binance openning futures trading. Bitfinex used to be top in this trading and lost most of the traders too but it still survived and so will Bitmex.

[Mir Hamza 2888]

I never used bitmex and any other low qaulity exchanges like this. I never experienced this kind of exchanges. I love to use yobit, coinbase and binance. I always used these exchanges and I never used the low standard exchanges. You also need to use good exchanges like this.

[lharost 1526]

On 10/3/2020 at 12:18 AM, moeletaly said:

I'm very afraid because there are many bad news at this moment like bitmex I listened that the platform will locked and all people's money will be locked and no one will take his money .

What about you all ?

Well, as a matter of fact you should be afraid, because there are some scammy exchanges out there, but in the case of bitmex it was obvious that the problem will be solved.

 

No matter which exchange you're using I recommend you to always withdraw the funds that you don't trade from there regularly and avoid treating exchanges like personal wallet simply because online threats mostly are against known exchanges and you never know when that will happen so it's wise to always be on the safe side and send the funds that you don't trade at the meantime to your personal wallet.

[Ryken8 545]

On 10/3/2020 at 4:48 AM, moeletaly said:

I'm very afraid because there are many bad news at this moment like bitmex I listened that the platform will locked and all people's money will be locked and no one will take his money .

What about you all ?

I thinks it is on the contrary, a lot of new are coming out now the major investment companies are already buying into bitcoin in the range of hundreds of millions. The future of bitcoin and cryptocurrency is actually looking very bright right now.

[Msh9 84]

Yes, my dear friend, I think that by the end of this year it has changed and has become difficult and its conditions are accurate and some people have started to ban and withdraw because of the ban, so I expect that it will back down a little.

[Naseer Ahmad78 721]

I think you will never loose your currency because there is good security system on yobit,during trading it is most common thing that is the increasing or decreasing value of currencies,we should do trading without affair of any loosing.

[Anas Manzoor 247]

I don't think so because coins market will up day by day and this forum is very useful and related to online currencies and many members which don't know about talk token yobit or wallet which know this platform so its just a nothing so kéep working payment will not stop one day you will paid