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Topic: Bitcoin is in trouble - page 5. (Read 4577 times)

legendary
Activity: 3066
Merit: 1147
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February 18, 2016, 12:28:02 PM
#47
Is this reliable info or just trololo?
I just don't understand why did they attack hospital this is very unethical and bad!
Maybe the hospital’s CEO, Allen Stefanek is involved somehow?
Hackers don't attack hospitals more likely corporations.. Huh

I would not dignify these people as "hackers". Maybe it's because I remember a time when hackers were heroes not vandals and thieves. We should not be at all surprised to see this. it's completely logical to ransom data and does not require some grand conspiracy. There may be millions of people who would do this for $17,000.
sr. member
Activity: 476
Merit: 250
February 18, 2016, 12:12:47 PM
#46
Is this reliable info or just trololo?
I just don't understand why did they attack hospital this is very unethical and bad!
Maybe the hospital’s CEO, Allen Stefanek is involved somehow?
Hackers don't attack hospitals more likely corporations.. Huh
newbie
Activity: 1
Merit: 0
February 18, 2016, 12:07:15 PM
#45
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 18, 2016, 11:30:27 AM
#44
The real issue with this is the hospital itself funding the hacker. This way, more hackers get encourage of doing the same (with the expectation of getting what they want). Wrong move IMO and they should have tried to find the hacker instead but now his gone but there's no assurance that he won't do it again in some time soon...  Embarrassed
I agree with you man. As long as people pay a ransom then game logic shows that it will happen again. This is why the U.S. faces far less kidnapping than other nations. We do not pay, and in some cases it is illegal to pay a ransom. For example if DAESH used crypto-locker you could not pay them.
newbie
Activity: 58
Merit: 0
February 18, 2016, 11:24:39 AM
#43
The real issue with this is the hospital itself funding the hacker. This way, more hackers get encourage of doing the same (with the expectation of getting what they want). Wrong move IMO and they should have tried to find the hacker instead but now his gone but there's no assurance that he won't do it again in some time soon...  Embarrassed
hero member
Activity: 1470
Merit: 655
February 18, 2016, 11:22:24 AM
#42
ransoms were being paid long before bitcoin was created with cash, cash was not in trouble so bitcoin will not be in any trouble either.
legendary
Activity: 1834
Merit: 1036
February 18, 2016, 11:20:59 AM
#41
Paying a ransom is just tolerating funding the business of hacking for future victims and perhaps another attack on same company. But i guess they have to pay since its the medical records that are at stake.
member
Activity: 62
Merit: 10
February 18, 2016, 11:02:23 AM
#40
No, Bitcoin is not in trouble, not in this way.

What is in trouble though is the already collapsing fiat system all over the world...

Dollar is done and they know it, so they want to stop Bitcoin because people will naturally flock into it like desperate fish trying to reach water, so they want people to be scared of it, that's why they will use whatever incident to push an anti Bitcoin agenda, and we must be ready, beginning with intercepting power grab hard forks like Bitcoin Classic and rejecting them.
sr. member
Activity: 364
Merit: 250
February 18, 2016, 10:27:23 AM
#39
After this...I think congress is going to come down on bitcoin in the US

http://www.bitcoinvalues.net/hollywood-hospital-pays-hackers-40-bitcoin-worth-17000-release-computers.html
I think they will try to make their firewall more secure and strong rather than go behind shutting down bitcoin operation in US.
Oh yeah? I was behind firewall and under protection of one of the best antiviruses on the market myself. You can't have 100% protection.
The only solution I see is to dedicate time and effort to find the hacker, hunt these criminals down and put them in jail.
But of course it is problematic with the elusive nature of bitcoin...
I dont think Bitcoin is in trouble now. It will rise soon in the future I think.
I hope later that it will be more worth so we can sell it for a lot of money.
legendary
Activity: 1288
Merit: 1000
February 18, 2016, 10:06:55 AM
#38
After this...I think congress is going to come down on bitcoin in the US

http://www.bitcoinvalues.net/hollywood-hospital-pays-hackers-40-bitcoin-worth-17000-release-computers.html
I think they will try to make their firewall more secure and strong rather than go behind shutting down bitcoin operation in US.
Oh yeah? I was behind firewall and under protection of one of the best antiviruses on the market myself. You can't have 100% protection.
The only solution I see is to dedicate time and effort to find the hacker, hunt these criminals down and put them in jail.
But of course it is problematic with the elusive nature of bitcoin...
legendary
Activity: 1120
Merit: 1008
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February 18, 2016, 10:02:21 AM
#37
After this...I think congress is going to come down on bitcoin in the US

http://www.bitcoinvalues.net/hollywood-hospital-pays-hackers-40-bitcoin-worth-17000-release-computers.html
I think they will try to make their firewall more secure and strong rather than go behind shutting down bitcoin operation in US.
legendary
Activity: 1288
Merit: 1000
February 18, 2016, 10:01:19 AM
#36
The threat is real. I am victim of this bullshit CryptoWall malware myself.
My mother's laptop was infected despite being protected by antivirus and my lifetime archives of photos were lost in the process.
I am still storing encoded version of the files hoping it will be possible to brute force the algorithm someday.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 18, 2016, 09:51:05 AM
#35
Somebody is going to be in trouble, but not bitcoin. And when I see these claims of a government takeover or crackdown it is never accompanied by a method of how it will happen, or a legal argument for how such a thing would be lawful.

So How?

I guess it's just a made-up story that bitcoin users to panic and sell bitcoin that he had. I think that made the news it is someone who hates bitcoin
Oh no, it's quite real and a growing threat.
legendary
Activity: 2758
Merit: 1004
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February 18, 2016, 09:47:43 AM
#34
I guess it's just a made-up story that bitcoin users to panic and sell bitcoin that he had. I think that made the news it is someone who hates bitcoin
legendary
Activity: 1708
Merit: 1036
February 18, 2016, 09:46:58 AM
#33
Let's hope the Feds are canny enough to use the blockchain to track the funds until the thieves slip up and make a transaction that enables them to be identified.

i can never understand this. people always say this about Feds tracking the coins but it is not possible if they use a mixer!
i mean coins go in one way and come out in multiple transactions (from different set of addresses) with time interval between them in different sizes, how the hell can they track that?

It's been done. I recall one person (ordinary bitcoin user) who tossed some dust into a mixer every time some known stolen funds were sent in for mixing. Kept it up dozens of times before the criminal gave up. By adding their own dust they were able to keep tracking the stolen funds. I don't think it would be difficult for law enforcement to develop automated tools to do this with all known stolen funds and render mixers useless to criminals.

There are lots of ways for criminals to screw up and expose their identity in cases like this, and the police only need one break. Over the long run my money's against the criminals getting away with it.
sr. member
Activity: 434
Merit: 250
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February 18, 2016, 09:31:24 AM
#32
OP is just creating FUD, Bitcoin is here to stay so as the blockchain. It's just like a knife, it is dangerous to anyone who intends to do bad things using it.
full member
Activity: 154
Merit: 100
February 18, 2016, 09:30:37 AM
#31
why would bitcoin be in trouble for this,ransom has being paid in fiat and i have not seen no one blaming fiat currency for that matter Grin, there were hacks sending money to proxy bank accounts ,there are many other options .  Wink
legendary
Activity: 1610
Merit: 1183
February 18, 2016, 09:28:29 AM
#30
Bitcoin is not in trouble, what is in trouble tho is the already collapsing fiat system. Dollar is done and they know it, so they want to stop Bitcoin because people will naturally flock into it like desperate fish trying to reach water, so they want people to be scared of it, that's why they will use whatever incident to push an anti Bitcoin agenda, and we must be ready, beginning with intercepting power grab hardforks like Bitcoin Classic and rejecting them (this is their most effective technique so far, and nonetheless it's still non effective since no one with a brain cares about Classic).
member
Activity: 112
Merit: 10
February 18, 2016, 09:26:50 AM
#29
After this...I think congress is going to come down on bitcoin in the US

http://www.bitcoinvalues.net/hollywood-hospital-pays-hackers-40-bitcoin-worth-17000-release-computers.html

How many illegal activities are taking place right now based on the US dollar and other fiat currencies?
It could be argued that the fluidity and anonymity of Bitcoin facilitates and even encourages thieves and crooks to think of new ways to generate their income, especially when it comes to holding data hostage for ransom.
member
Activity: 141
Merit: 19
February 18, 2016, 09:16:08 AM
#28
Bitcoin is one of many ways these hackers can work....if bitcoin is not an option, another way will be found
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