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That is a possibility Finex has announced that it will give all users a 36% haircut on their assets so they at least don't lose everything. Since then the price has risen significantly.

Seriously bad news for Finex users, some of whom are facing mind blowing losses. I hope they get some or all of their funds back. But look on the bright side, volatility = opportunity BTC will recover, it always does

Reading this thread has reminded me of all the occasions when I've nearly ended up buying a silver plated coin instead of solid silver. Why eBay allows plated and solid coins in the same category is beyond me, as it just causes confusion.

Interest rates are looking likely to get cut in the UK. The expectation is that the base rate will fall to 0.25%, and hopefully it will help to push silver to back over $20 again!

I'll make a post halving prediction here. Luckily the price of BTC held up during the halving which is a massive achievement, so from here onwards $650-$600 is a fair range, and then gradual drift up to $800 during the rest of 2016 (since $750+was hit during the pre halving period)

Thanks all for the warm welcome! @Jislizard: you are correct Bitcoin is hugely volatile but with that comes opportunities (and pitfalls). Its a fast moving market however the gains can be large if coins are bought at the right time. At the moment 1 bitcoin is approx half the cost of an ounce of...

Hi I just joined this forum and wanted to say hello My name is Tim and I am based in the UK. I am a Bitcoin, Litecoin, Gold and Silver fanatic. Given the recent political brexit turmoil in the UK I thought it would be a good time to join this forum to hopefully participate and also to learn...