So the news that Bitfinex have separated ways with their auditors over their Tester token and that it's all potentially a scam in that they don't have the USD to underwrite their position. Some reports saying it could crash crypto and bitcoin itself by 80%. ![Eyes](https://forums.contractoruk.com/core/images/smilies/eyes.gif)
Surely it would mean a flight from the potentially dodgy alts to the more fundamentally safer cryptos such as bitcoin? Which others could be added to a list of safe havens as more and more of the scam coins or dodgy exchanges come undone?![Nerd](https://forums.contractoruk.com/core/images/smilies/nerd.gif)
So rather than a crash of bitcoin it could cause a surge in price.![Smokin](https://forums.contractoruk.com/core/images/smilies/smokin.gif)
As usually, one extreme or the other. So likely it's all media bollox and nowt happens.
![Eyes](https://forums.contractoruk.com/core/images/smilies/eyes.gif)
Surely it would mean a flight from the potentially dodgy alts to the more fundamentally safer cryptos such as bitcoin? Which others could be added to a list of safe havens as more and more of the scam coins or dodgy exchanges come undone?
![Nerd](https://forums.contractoruk.com/core/images/smilies/nerd.gif)
So rather than a crash of bitcoin it could cause a surge in price.
![Smokin](https://forums.contractoruk.com/core/images/smilies/smokin.gif)
As usually, one extreme or the other. So likely it's all media bollox and nowt happens.
![Tumbleweed](https://forums.contractoruk.com/core/images/smilies/tumbleweed.gif)
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