Will exchanges hacked by hackers affect the price of BTC?

[Samahir Fatima 493]

Friend, in my opinion, The exchanges have been hacked by hacker will affect the prices of BTC. It depend on the amount of exchanges. if amount is large and hacker want to sell on high price then price of BTC increase or vice versa. 

[sametbskya 92]

it already affects. Every time trust in bitcoin starts to decline due to these hacking events. More measures should be taken for this. People who are already biased towards bitcoin are starting to cool completely, and people who do not support it are getting a big trump.

[Jamil Ghannoum 38]

Sure . The trust element will be missed hackers are damaging what ever thay touch. I think it gona be more secured 

[Mahmod aljarah 1383]

Yes, this is true. There is no relationship between the price of Bitcoin and the breakthroughs taking place ... and the price of Bitcoin will always increase in my opinion.
Thank you for your time for this information.

[cryptolover45 1187]

Hey mate, you ask a good question will exchange hack out  bitcoin after bitcoin price pump, so my answer is if we store unknown exchange they can hack our crypto coin, so we have to select right exchange for storing coin like Biancen exchange, yobit exchange, kucoin exchange etc.

[Onden 2098]

Indeed, many exchanges have been hacked, especially large exchanges, exchanges such as Binance and cryptopia are some examples of large exchanges that were hacked and one of them went bankrupt, namely cryptopia. Actually nothing to do with the price of Bitcoin hacked on the exchange, the price of bitcoin is still influenced by supply and demand. The important thing is to choose a safe and reliable exchange for your trading, choose Yobit as a safe exchange.

[Malik9532 1276]

I think  BTC price depend on  by selling and buying orders . If buying orders is more than selling then BTC rate is higher and  the price of BTC price is low when the orders of buying is more than orders of selling .  Otherwise it is possible a exchanges hacked by hackers  .

 

[Malikjnb 1235]

I think no affect when any exchange hacked. We all knows that a lot of small exchanges have been  already hacked there is no affect on the crypto market or bitcoin. Bitcoin is a digital and famous currency.

[Amir bhai 464]

In this world every thing is possible so every exchange can be hacked but it is so difficult so we should trust on exchange because cyber crime is too fast due to which hacker cant create  problem for any user so we should try to hard and get lots of profit. 

So we can say that exchange should be hacked but it is so difficult to hack exchange due to this we can earn lots of profit

[MT khan 1886]

Dear if the hackers stolen the bitcoins or others currencies on those time the value of coins is goind down because hackers want to sell their coins because of big amount they want exchange it at any time therefore coins value down, if they want to hold their coins there will be coins value up because of their holding. In my opinion,

Otherwise it will not more effect on the prices of currencies.

[Goyaa 2414]

If there are several exchanges being hacked it might affect the price of BTC, the reason is that the level of trust of people investing in Bitcoin has decreased a little, because many people are afraid of being hacked. Although currently there are several exchanges that have insurance, of course this is an obstacle for these exchanges so that people can return to trust and invest in these stocks safely.

[Jason9669 54]

I ruminate hacked will not be converted into the key end into bitcoin price. Bitcoin individual pull for the reason that buyer and trader leisure interest if exchanges hacked that is their guarantee problem. Hacked will ditch users dependence into exchanges and numerous group will dump the altercation if they false piety let somebody have solutions about it.

[Maya20 1048]

Yes, of course, the fraudsters who enter the platform, this will affect the Bitcoin currency, but this is not only the main factor, but the market has a role in Bitcoin.

[Omran123 27]

Yes, your words are correct, my friend, and I agree with you, because if the bitcoin is stolen, the thief will sell this bitcoin at a low price, which will lead to a decrease in its price, which is not for everyone's benefit.

[Cryptotakl1 0]

It is possible ,there is but exchange also have anticipate this brfore .but i think it will be too difficult to them to hack it alone so maybe a team of hacker can do it .

[Jhujhu 62]

This is sure to reduce the balance of bitcoins very quickly due to selling orders in huge balances.  I think Cryptia black exchanges huge amounts of bitcoin hacking.  So from here we can earn money by working.

[Mwituri 138]

Of course all the bad news has a negative effect on the crypto world. There have been many false reports in the past that have had a negative effect on the price of Bitcoin

[Arslanch 489]

It is possible but it is much difficulte to hack an exchange also with a group of hackers. Every exchange has its own security system.if it could be done by anyone

Then mostly people change the exchange ,and bitcoins are affected by this.

By this the repo of the exchange is effected.

[Mahmod aljarah 1383]

Certainly, there is no relationship between the price of Bitcoin and the breakthroughs taking place because the decentralization enjoyed by Bitcoin and not being owned by specific individuals or companies makes its value high even if the demand for it decreases and the supply for it increases.

[Aledar 48]

Looking at todays situation crypto exchange hacking is getting hard to do day by day, this can happen if someone who is working at curtain exchange sells infromation about exchanges security system to hackers, if this happens things will not be good for curtain exchange and for its users either.

[Aqsa1234 142]

Yes btc price wiill be affected by any hacker because every exchange depends mostly on btc for better results

[Rozy 1918]

What givces cryptocurrency their power is the sense of trust and the safety the investors feel towards investing in the crypto field. When there is so many repeater hacks and stealing from customers all sense of trust will fade away and therefore people will withdraw their money, and this will eventually lead to drop in prices.

[cryptofare 57]

We all know that hacking of exchange does not affect the price of bitcoin, the exchanges which are hacked are small exchanges with a low security features, like Cryptopia , kucoin etc. But now the security features has upgraded by most of the big exchanges like Binance, and bittrex etc. So we don't have to panic nowdays.

[Umair734 5]

It is not possible to hack the bitcoin crypto currency because it is the biggest currency of the world. There are a lot of security of bitcoin crypto currency. Huge amount of investor are involved in it. So, of t is not possible to hack bitcoin crypto currency. If it not to be hack then no one can effect  bitcoin crypto currency.

[Obliv0n 333]

The truth is that hacks do affect the price of cryptocurrencies but only because of the fear generated by the possible sale of the assets that were stolen, however that is temporary, in most cases the stolen coins are sold months or years later, since they hackers own something that they cannot use.