Topic: Bitcoin Theft Going Offline: In-Person Attacks Becoming More Common (Read 248 times)
Similar cases have become more frequent recently, but this is not the fault of bitcoin. If you will carry a bundle of cash, you will most likely be attacked and taken away. So with any other values, if you have an expensive car, then someone will want to steal it, and if you have an expensive house, they will want to rob it. Everything is logical and understandable, just do not make the amount of your savings in Bitcoin public and everything will be fine. And if you have several hundred satosh, you generally have nothing to fear.
February 27, 2018, 04:11:36 PM
This never gets old: https://imgs.xkcd.com/comics/security.png (if it doesn't work, try this: https://xkcd.com/538/ )
All in all, no matter how fat the (crypto)wallet is, no matter how good hardware wallet you get, no matter all the security layers if the guy cannot keep his mouth shut. Just a couple of words here and there and the "right people" will "break the security" with a "5$ wrench". Sad but true. And I guess it'll happen more and more
All in all, no matter how fat the (crypto)wallet is, no matter how good hardware wallet you get, no matter all the security layers if the guy cannot keep his mouth shut. Just a couple of words here and there and the "right people" will "break the security" with a "5$ wrench". Sad but true. And I guess it'll happen more and more
February 27, 2018, 03:04:04 PM
In order to start earning money on the crypto currency, select the earning method that suits you and then you can read the literature and earn money.
February 27, 2018, 11:17:10 AM
You have to be street smart in Bitcoin too. You do not walk around in shady places with the latest mobile phone and expensive
Gold jewellery around your neck, because it will attract unnecessary attention. The same goes for your online activities. You
can easily split coins into smaller chucks and distribute them over several different services. The transactions that are public,
should not be connected to your main stash in any way. Be Cyber Smart!
Gold jewellery around your neck, because it will attract unnecessary attention. The same goes for your online activities. You
can easily split coins into smaller chucks and distribute them over several different services. The transactions that are public,
should not be connected to your main stash in any way. Be Cyber Smart!
February 27, 2018, 10:42:02 AM
That's really terrible news. How come that the thieves knew that there is a large amount of bitcoin in the account of the Russian? Is it possible that they already have a lead in the background of the person they will target? I think the thieves are improving nowadays and it is important to be more secured upon them.
I heard that such robbed people tell everyone about their portfolios via Youtube and other social channels. It seems that anonymity will help to avoid such problems. February 25, 2018, 07:03:14 AM
That's really terrible news. How come that the thieves knew that there is a large amount of bitcoin in the account of the Russian? Is it possible that they already have a lead in the background of the person they will target? I think the thieves are improving nowadays and it is important to be more secured upon them.
February 25, 2018, 06:53:39 AM
In a beach resort in Phuket, Thailand, in January, thieves held captive a Russian man in his apartment until he logged onto his computer and transferred about $100,000 worth of Bitcoin to an online wallet they controlled.
To an online wallet eh.. I don't think that was a very smart idea.
Anyway, it just shows how important being secretive it is when investing huge amounts of money in cryptocurrency. Don't tell anyone about your investments unless necessary, especially on social networking sites like Facebook whereas your name and even probably your city is displayed to the public.
It is best not to disclose information related to our work as we may be the target of the kidnappers.
February 22, 2018, 11:28:19 AM
One more story goes
The Taiwan police have arrested four men for robbing a trader of 18 BTC
The Taiwan police have arrested four men for robbing a trader of 18 BTC
February 22, 2018, 06:24:04 AM
Yes, he who boasts about his winning get taken down. You never see people boasting about how much money they have in the bank, those that do get taken down as well. So when it comes to crypto same principle, don't blab about it when you are making good money. Don't even mention much about your alt coins etc. Since with crypo it is really easy to take the coins with just a click, the criminal element would even come to your door to take it when they get a snif of it from your boasting about it in parties etc.
Do you find it easy to hide your crypto interests among your friends and other people? 
February 21, 2018, 11:35:58 AM
Yes, he who boasts about his winning get taken down. You never see people boasting about how much money they have in the bank, those that do get taken down as well. So when it comes to crypto same principle, don't blab about it when you are making good money. Don't even mention much about your alt coins etc. Since with crypo it is really easy to take the coins with just a click, the criminal element would even come to your door to take it when they get a snif of it from your boasting about it in parties etc.
February 21, 2018, 09:17:26 AM
That's terrible news. How should we avoid it?
Don't tell anyone about what you are holding , just don't talk crypto with anybody .Even if you trust them , they can tell someone and that is how it goes.
Just pick one person you really trust that in case something happens to your coins aren't lost.
If you hold a big amount maybe make a separate wallet , in case stuff like this happens you just give them a small amount of your stash.
But stuff like this will happen more and more as crypto gets more populair , so be safe.
This is exactly what I would have suggested,
but if you are using crypto to pay for stuff in public or for buying crypto in person it is hard to conseal the fact you have it.
Best thing as above is to keep a crypto low profile and make a dummy wallet with a nominal amount of currency on it.
February 21, 2018, 06:30:32 AM
That's terrible news. How should we avoid it?
Don't tell anyone about what you are holding , just don't talk crypto with anybody .Even if you trust them , they can tell someone and that is how it goes.
Just pick one person you really trust that in case something happens to your coins aren't lost.
If you hold a big amount maybe make a separate wallet , in case stuff like this happens you just give them a small amount of your stash.
But stuff like this will happen more and more as crypto gets more populair , so be safe.
This is exactly what I would have suggested,
but if you are using crypto to pay for stuff in public or for buying crypto in person it is hard to conseal the fact you have it.
Best thing as above is to keep a crypto low profile and make a dummy wallet with a nominal amount of currency on it.
February 21, 2018, 06:24:29 AM
That's terrible news. How should we avoid it?
Don't boast that you have tons of precious coins online whether it is bitcoin, altcoins or any other forms of money which you have a business with cryptocurrency, that is the risk of showing off online that you are into crypto business even if you are a small time holder or not, they will think that you are rich cause the mindset of people knowing that you owned cryptocurrency is that you are super rich, well the criminals will not have a dilemma for transferring large amount of money because it is decentralized rather than a transfer from a bank which posesses some restriction, better to stay low profile not just on bitcoin but on any other financial businesses that are not necessay to say in public.I never thought someone could extort my money among my friends, but such info goes from them to other people who could tell to other people who can be criminals i guess. So there is always a risk.
Imagine when all people on earth will have crypto.. Then such crime will be easy for bad people?
February 20, 2018, 01:06:35 PM
That's terrible news. How should we avoid it?
Don't boast that you have tons of precious coins online whether it is bitcoin, altcoins or any other forms of money which you have a business with cryptocurrency, that is the risk of showing off online that you are into crypto business even if you are a small time holder or not, they will think that you are rich cause the mindset of people knowing that you owned cryptocurrency is that you are super rich, well the criminals will not have a dilemma for transferring large amount of money because it is decentralized rather than a transfer from a bank which posesses some restriction, better to stay low profile not just on bitcoin but on any other financial businesses that are not necessay to say in public. February 20, 2018, 12:45:08 PM
Yeah, great, remember if someone holds you at gunpoint in some dark alley and tells you "give me your bitcoins or die", the right answer is NOT "I don't have any bitcoins", the right answer would be "What's a bitcoin?" I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets.
Haha i never met that guy Bitcoin before.. I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets.Maybe the right answer will be: "Please specify your BTC wallet address, then we should go to my house to access my wallet. It's not far from here, near the police station"..
and I ll try to recall my password while we are walking...
February 20, 2018, 12:38:36 PM
Yeah, great, remember if someone holds you at gunpoint in some dark alley and tells you "give me your bitcoins or die", the right answer is NOT "I don't have any bitcoins", the right answer would be "What's a bitcoin?" I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets.
Haha i never met that guy Bitcoin before.. I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets.Maybe the right answer will be: "Please specify your BTC wallet address, then we should go to my house to access my wallet. It's not far from here, near the police station"..
February 20, 2018, 11:37:42 AM
Yeah, great, remember if someone holds you at gunpoint in some dark alley and tells you "give me your bitcoins or die", the right answer is NOT "I don't have any bitcoins", the right answer would be "What's a bitcoin?" I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets.
I'm joking, unfortunately the reality is more sad. There are people who are now hunting even those who own a certain amount of digital assets. February 20, 2018, 11:27:42 AM
Even physical crimes now are no surprise for Bitcoin owners I think. Criminals like this one know that the world has gone digital now and they know that some things that exist virtually can worth a lot more. The bad thing about this crime is it cannot be avoided as if a person has pointed a deadly weapon to you, you will have no choice but to give them what they want unlike scams in the internet where it can be more likely avoided. This is also one of the reasons why we need to be linked to out Bitcoin addresses in order for us to retrieve our stolen cryptocurrency. Anonymity doesn't have any use anymore.
February 20, 2018, 11:21:00 AM
This is worrying. And these incidents are coming at a time, when the authorities want us to reveal the details about our crypto-currency holdings. I am getting scared of my own security, as I hold quite a few different cryptos.
February 20, 2018, 11:17:59 AM
That's terrible news. How should we avoid it?
Don't tell anyone about what you are holding , just don't talk crypto with anybody .Even if you trust them , they can tell someone and that is how it goes.
Just pick one person you really trust that in case something happens to your coins aren't lost.
If you hold a big amount maybe make a separate wallet , in case stuff like this happens you just give them a small amount of your stash.
But stuff like this will happen more and more as crypto gets more populair , so be safe.
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