Hacking is indeed very detrimental to the market situation. I myself was a victim of hacking. Not my crypto currency wallet that was hacked but my bitcoin account was hacked. I developed the account long enough. In the afternoon, I could still open my account and after 3 hours, I opened the account again then it can't. Even though the bitcoin account is the source of my life. I benefit from the account. But I did not want to get worse in the end, I finally created a new account again and worked starting from zero. This hacking is very detrimental.
Topic: Hacking kills the cryptocurrency market - page 15. (Read 4506 times)
Yeah hacking greatly kills the crypto currency market. Not only hacking victims feel disadvantaged, but the market situation is also disadvantaged because of this hacking tends to cause an unbalanced market situation. This hacking tends to cause an increasingly volatile market situation. Until now, I have never been a victim of hacking. I will share tips on how to avoid hacking as I have implemented so far. I am a very careful person, so my password from my wallet is only me who knows and I keep it myself. Besides that, I always change the password from my wallet so that these hackers can't guess what my password is. I usually update this password regularly every once a month. This is a simple way that I have applied so far to secure my crypto currencies from hackers. I am very annoyed when I hear news of hacking because these hackers should be able to use their abilities for activities that are more positive than harming others.
This is a big problem at the moment for the cryptocurrency market because every year, hundreds of millions of dollars are lost from ordinary users because of hacks.
Hacking does cause significant damage to cryptocurrencies. Users ’assets are not protected against attacks, so it’s dangerous to keep money on the exchange.
we are playing in the world of the internet, of course, we will not be far from hacking because they naturally also develop how to steal people's assets and maybe in this case we have to be more careful and always choose exchanges that have good security so that we can avoid hacking.
the crypto market has not yet become civilized as the stock market. the stock market has insurance on clients ' accounts and this gives confidence and the ability to trade using the Internet. 
we are playing in the world of the internet, of course, we will not be far from hacking because they naturally also develop how to steal people's assets and maybe in this case we have to be more careful and always choose exchanges that have good security so that we can avoid hacking.
Hacking is indeed a big problem in cryptocurrency, of course this must be avoided, how do we avoid it if we are the way it is, clearly hacking is certainly detrimental to us all
Yes, hacking is a problem for everyone and makes a lot of people lose money. I also experienced this when I tried to send my token to be exchanged. And when I entered the exchange, my token was lost. And this really makes me disappointed and of course, the exchange can't return my lost token. And this makes me careful when doing everything.
I don't think hacking kills the cryptomarket.
Of course, it sucks, but it doesn't have that significant of an impact.
If you had your own stuff stolen, then it might seem like the world is ending, but don't make assumptions about the entire market.
The biggest thing killing the crypto market is actually the traders themselves.
We our in a bear market and it isn't the fault of hackers, bad news, or anything, it is the result of low volume and no new money coming in.
This means that by everyone hodling, they are actually creating the situation they don't want.
Crypto doesn't have some magical value to it, it is all supply and demand and for the most part, speculation.
Unless people start trading, and participating in the market, it will stay down forever.
You can wait for new money to come in, but to me, that is just stupid.
Of course, it sucks, but it doesn't have that significant of an impact.
If you had your own stuff stolen, then it might seem like the world is ending, but don't make assumptions about the entire market.
The biggest thing killing the crypto market is actually the traders themselves.
We our in a bear market and it isn't the fault of hackers, bad news, or anything, it is the result of low volume and no new money coming in.
This means that by everyone hodling, they are actually creating the situation they don't want.
Crypto doesn't have some magical value to it, it is all supply and demand and for the most part, speculation.
Unless people start trading, and participating in the market, it will stay down forever.
You can wait for new money to come in, but to me, that is just stupid.
3. Most of exchanges won't refund, when you register they take their hands off in 'Terms and Conditions'.
Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
Thankfully i've never been get hacked, and i'm not hopping to get one.1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
But my friend got hacked a few times, it seems like he lost his private key somewhere, perhaps when using it in a compromised sites.
It is the same goes as "bank robbery kills the banking industry". When there is a healthy industry or healthy market then robbery, stealing, hacking or corrupting the market comes in but it will never stop the investors trying to put their risks to have a good profit. The only best security of any investment market is to have a good customer support and a good insurance whenever hacking or robbery occur.
Hacking is one of the biggest factor to discourage the investor ,it is a dishonest practice nobody can curb it until or unless hackers develop their habit to be morally good.
Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
I just want to share my experience, I lost a few tokens in my MEW, this happened a few months ago, I don't know what happened and why my token was lost, I had time to ask a more senior friend, and he said that I got phishing , he also said that to never open an e-mail or click on a text that has an unknown link because phishing can enter with thats way, I don't know whether it's true or not, I also never opened an unknown e-mail and until now I see tokens on MEW I am still safe, if you know more about phishing or there are articles that I can read please let me know, we all want to secure our assets from hackers. 1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
Hacking is certainly a nasty thing in the crypto world, but not only hacking is used there. Hacking is a general problem and is omnipresent. So i think hacking will not be able to kill crypto.
Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
There are many ways how a hacker can totally hack a persons cryptocurrency account. But the technology behind most of the cryptocurrency which is the block chain seems impossible to be hacked. It just depends on the self security of the person how he/she will handle his accounts to prevent hacking.
Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
The most safe to avoid from hacking is using hard wallet. If we keep our coin and token in exchanger wallet, better using 2FA to protect our account and i am believe if exchange hacked, they will refund our coin because its their responsibility
Yes that is true hacking kills the market. Because people afraiding of investing crypto. Newbie's dont have too many info about safety in crypto and they are afraiding because of these scam and hack news. I hope in the future exchanges and webwallets will integrate more security options in their systems. We need to prevent these hack issues. and i hope all the investors will start to use hardware wallets in the future.
Hackers can not take advantage of your account and assets if your account is high security. To avoid hacking into your account, you should use 2-step-authentication, which is required when you register for accounts on exchange floors. So for every account you use, you must use this form of security for safe.
I also do not think so and agree with people who say that today hackers are, on the contrary, a very important tool that shows all possible vulnerabilities that may be in the system at all. Of course, they take a lot of money, but it still seems to me that they will not be able to kill cryptocurrencies
Indeed, they'll not be able to kill cryptocurrencies but they kill his price. Hack a market site and stole all coins, then dump it on another market. Surely the price will get a big blow to drop dramatically. Then the price of cryptocurrencies will be as we feel now, where everything is getting cheaper.Jump to: