#1
The sharp drop in the price of bitcoin and other virtual currencies is attributed to the hacking of the South Korean cryptocurrency exchange Coinrail, which was compromised over the weekend.
The obvious question is, why did the price of Bitcoin and Ethereum remain relatively more stable than the price of other virtual currencies?
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#2
I don't think so, because the value of the Bitcoin was a result of a market manipulation.
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#3
I'm still very skeptical of these hacks having much effect on price.
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