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Topic: Hacking kills the cryptocurrency market - page 25. (Read 4472 times)

sr. member
Activity: 630
Merit: 250
September 26, 2018, 10:32:19 AM
Hacking adversely affects the electronic money market. They can steal your password or wallet. Causing panicked for many people to invest in electronic money. Is there a way to get rid of the hacking.
full member
Activity: 186
Merit: 100
September 26, 2018, 10:25:06 AM
when you being poor you cannot afraid hacking because you have nothing to lose. when you rich you have power you can protect your wallet. but if you are stay the middle of this two you should afraid of getting hacked.
sr. member
Activity: 756
Merit: 250
September 26, 2018, 10:14:54 AM
I believe that the risk of losing your money is everywhere and crypto-currencies are not exceptions, but this can not be said that this factor "kills" the industry of crypto-currencies, since if you follow all security measures, nobody will steal your coins.
copper member
Activity: 350
Merit: 1
September 26, 2018, 09:53:56 AM
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 have not yet any experienced of hacking because I've been very careful with my private key of Myether wallet but l have read plenty of news regarding hacking incidents of some exchange, and this is really killing cryptocurrencies since everytime there is hacking happen , the price of cryptocurrencies particularly Bitcoin and altconi were in dip .
full member
Activity: 322
Merit: 100
September 26, 2018, 02:20:14 AM
Yeah,  hacking seems like killing crypto currency markets, because if hackers attact the exchange site, they can get a bounch of altcoin inside, and they will sell all the altcoins they got. Meaning the market will drastically falls down again by this action.

Thats why i didnt stored too much coins inside the exchange site to avoid of loosing coins when get hacked, honestly i didnt get hacked yet and i dont want to, so i clearly set all the prevention method to avoid of being hacked.
member
Activity: 934
Merit: 19
September 26, 2018, 02:14:16 AM
now a lot of scams around, not only in the telegram. in any social network a lot of them, and do not tell anyone your keys, and even more so to send someone coins. be careful.
member
Activity: 378
Merit: 16
September 26, 2018, 02:12:36 AM
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.



It is also one of the main reason why cryptomarket is on a dip. These kind of news are being used by the manipulators to scare of people and buy coins in a very low price. Those who have weak hands will fall from the trap, especially those who are new in the industry. I haven't been hacked yet which is a good thing and I don't want it to happen to me. I really thought crypto isn't hackable and the security features are great but I am doubting now. Hope in the next few months, my fate will be restored.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
September 26, 2018, 02:07:30 AM
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.


Unfortunately, this is the cryptocurrency's biggest issue, everytime there are news about exchange hacking incident, the price of major altcoins are going down after 4 years since Mt. Gox there's still a lot of hacking incident we are now questioning is this some sort of inside job.
hero member
Activity: 2184
Merit: 585
You own the pen
September 26, 2018, 02:03:01 AM
Yeah not only people who got hacked, Some Big exchanges too that's why when the ETH is about to rise in April 2018 there is some big exchange has been hacked so people selling their coins in a dramatic way and the price goes down again until now.
sr. member
Activity: 700
Merit: 250
September 26, 2018, 01:55:35 AM
#99
hacked I think up to now lucky for I have never and do not want it. reasonable only when that happens because when it was plunging in the crypto it already would be a risk that must be prepared to face. most importantly do not carelessly storing the private key wallet owned and do not store in online sites. the Exchange will not be liable for the loss incurred.
jr. member
Activity: 375
Merit: 3
September 26, 2018, 01:54:45 AM
#98
Hacking does affect the cryptocurrency market but it cannot kill cryptocurrency market.
full member
Activity: 378
Merit: 100
September 26, 2018, 01:47:47 AM
#97
Avoiding hacking is impossible, even adhering to all cautions. How many exchanges have already been hacked, and protection there is not the easiest. So we can only hope, like me, that they will not come for such bloodless capital.
sr. member
Activity: 686
Merit: 250
September 26, 2018, 01:35:43 AM
#96
It is possible to kill the cryptocurrency market if it does not grow and there is no control plan, everything has two opposite sides, can not throw away, can only balance it!
jr. member
Activity: 98
Merit: 2
September 26, 2018, 12:22:34 AM
#95
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.

yes you can say tha hacking kills the market because many people hesited to invest and this hackers later do manipultions too.

I have never been hacked but it can be anyone anytime, so be careful and stay safe.
full member
Activity: 714
Merit: 100
September 26, 2018, 12:22:07 AM
#94
Hacking will trully help to kill the market specially if exchanges are the victim because they will sell all stolen Bitcoin and Altcoins in which it will make the market price value to fall. The worst part is if they sold the stolen coins it will looks like a dumping is just begin that will cause panic to the holders resulting to market to crash again.
full member
Activity: 773
Merit: 100
September 26, 2018, 12:18:35 AM
#93
Fortunately, I was not hacked yet. I think it's enough to comply with the minimum security requirements and this can provide for yourself from hacking and loss of assets. And as for me, do not keep tokens on stock exchanges.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
September 26, 2018, 12:14:16 AM
#92
I have not faced such a problem. Take your coins immediately to your personal wallet after the transaction is correct.
Personal wallet can be hacked too if the security measurement is not that tight. Just try some 2 factor authentication or if you want a further security just buy hardware wallet.
Most of the hacking cases I know coming from people who dont care about security at all.
sr. member
Activity: 714
Merit: 250
September 26, 2018, 12:11:33 AM
#91
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.

That is what distinguishes Fiat from crypto currencies, once hacking can eliminate millions of dollars of money.
full member
Activity: 420
Merit: 100
September 25, 2018, 11:43:34 PM
#90
Previously the cryptocurrency market was still in the bear cycle, but only initiated a corrective rally, not a bull rally. In mid-June, the market looked more stable than other periods in the past two months. However, an unexpected hacking attack from Bithumb, South Korea's largest cryptocurrency exchange. Has ended a market corrective rally and caused a large decline in cryptocurrency in the short term.
sr. member
Activity: 1190
Merit: 250
September 25, 2018, 11:42:12 PM
#89
The number of hacking cases is certainly a matter of great concern, when people get hacked, he will tell stories in various media and this is used by haters to say that cryptocurrencies are unsafe and easy to hack.
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