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Topic: Hacking kills the cryptocurrency market - page 8. (Read 4472 times)

copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
December 02, 2018, 08:56:58 PM
Among the market situation we had so many obstacles in the crypto space which hacking is a very one that has made a serious dip to the market and has really affect many , also the scam of a thing has also dent many investors, cause many claimed to be hacked but they are not hacked as they used that as a way to break through, no exchange will ever return any funds to you if hacked , that is why is good to know where to put your funds and trade safely as many exchange are here to scam people .
legendary
Activity: 2730
Merit: 1288
December 02, 2018, 07:51:38 PM
Hacking kills the cryptocurrency market

I totally disagree with that statement. Cryptocurencies will actually killed or at least severely damage hacking. Now with crypto internet security become much more valued. And lots of investments is put into developing better security. All that will build more secured internet and much harder space fro hackers.
full member
Activity: 602
Merit: 146
December 02, 2018, 07:13:55 PM
Hacking is really one of the main problems in cryptocurrency space that is why we should be aware of any program or site that the hacker's use. Exchanges are of their targets because we all know that there are lot of funds inside the platform that is why some exchanges has hire their own IT experts to help them avoid hackers.
jr. member
Activity: 336
Merit: 2
December 02, 2018, 07:09:45 PM
Yeah sure I have been when i joined the space newly, i was only a novice and didn't know much about wallet, I was hacked through airdrop that made me put my private keys in a site,
jr. member
Activity: 140
Merit: 1
December 02, 2018, 06:58:12 PM
I have never been hacked and I hope that this will never happen because it would be very bad
member
Activity: 560
Merit: 13
December 02, 2018, 06:54:22 PM
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 agree with your opinion. Hacking disrupt the industry of cryptocurrency. If we are going to make a survey, 30% of users does not want to delegate their safetiness in exchange or digital wallet. When it will be stopped? Many people expect that cryptocurrency will be a vital asset to keep our money. Well, we don't want to be hacked maby times, that is why we need to invest in most anonymous and secured coin like monero.
jr. member
Activity: 154
Merit: 1
December 02, 2018, 06:46:27 PM
I very much hope that next year there will be more fewer hacks and new investors will come and make money in this market.
full member
Activity: 264
Merit: 100
TEMCO
December 02, 2018, 06:45:26 PM
I guess not. They show weakness even at the level when the industry is just emerging. Can you imagine what would happen if we found this hole when the market capitalization would have reached 1 trillion dollars?
sr. member
Activity: 532
Merit: 250
The Exchange for EOS Community
December 02, 2018, 06:19:40 PM
There are ways to make hacking processes useless for hackers. Everything can be hacked. It is only matter of resources - time and money. You can burst any password this way. But if you make it longer it may take hundreds of years to be hacked
Most cases when people lost their money were not caused by hacked private keys - these people just installed malignant programs by themselves
sr. member
Activity: 750
Merit: 252
December 02, 2018, 06:13:48 PM
So far, so good for me, although I have been hacked on a poker site that uses fiat...
Hackers are generally problem that is always present in online world. No matter how good and upgraded protection is, hackers will always find the way to breach it, cause those guys know their 'job'. Exchanges should cover the loss of their clients but personal wallets  are our personal concern. Hackers, as I know, inject a worm to your comp system through some sites and have access to your personal data. It's the most common way. That's why everybody suggest to copy/paste your wallet personal key instead of typing it, because everything that you type on yours is coming up on mister hackers screen.
member
Activity: 238
Merit: 10
December 02, 2018, 05:46:24 PM
I don't think hacking kills cryptos, it makes to be stronger and safe, the more they hack, the more people find means to secure their coins, though i have not been hacked before because i am always careful but I have been scammed.
sr. member
Activity: 686
Merit: 250
December 02, 2018, 05:33:04 PM
Just keep your data in a safe place, preferably on a flash drive. Do not fall for the tricks of scammers and do not use phishing sites. Buy a hardware wallet!!
member
Activity: 196
Merit: 10
December 02, 2018, 03:30:18 PM
I agree with you. Hacking is very very big reason. I think not biggest but big reason. cyrptocurrency market is very risk because of this people scary about the investment this market. People do not trust the markets and projects.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
December 02, 2018, 03:25:58 PM
Yes this can be a reason why the crypto is dying all of the other investors that invest the crypto is not leaving due to the investment of them being scam so i hope this will end because it can kill the crypro itself
I think no. The reason is clearly not the case. hacker attacks occur every day on the banking system and people lose much more money than in cryptocurrency.
full member
Activity: 714
Merit: 104
December 02, 2018, 01:07:00 PM
I am many times say about crypto security problems.
Need to find ways to increase secutiry because regular users have little expirience about it security and can be easily hacked.
So crypto for now only for it professionals
full member
Activity: 854
Merit: 102
MoonDeFi
December 02, 2018, 01:00:52 PM
I will tell you about my sad experience, I had the MEW wallet cracked and almost all the means were stolen and nothing could be done about it. And if we are talking about the theft of funds from stock exchanges, then this greatly affects the market as a whole, since in the future large volumes of tokens are sold for a pittance
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
December 02, 2018, 08:47:27 AM
I have been never hacked personally. But yes I got a problem in some exchange. Somehow it's a bug and and all token swap to eth in very low price. And when I saw this situation the token somehow pumped. I contacted the exchange customer service but they didn't help me out. They just said buy that coin again. But I know people who have been hacked personally. They lost all his ethereum based token. It was pushing maybe. So if you are in this ecosystem be careful. Never trust anybody. And be careful. And if you have enough fund use hardware wallet.
full member
Activity: 672
Merit: 100
December 02, 2018, 08:31:50 AM
I really hate hackers and I've lost a large number of tokens on HITBTC but after I confirmed and included proof, the exchange did't replace the assets I had there
It seems to me that HITBTC is not the best exchange that can be trusted, I think that today there are still much better exchanges that can really be subjected to hacker attacks today. In general, as I already said today there is nothing protected.
full member
Activity: 589
Merit: 100
December 01, 2018, 07:51:28 PM
I have never been in any of this situations and I hope I would not.. however, there are so many threads that we all should be as much attentive
sr. member
Activity: 672
Merit: 250
December 01, 2018, 07:27:48 PM
It is worth being as secure as possible, making complex passwords. You can not register on unverified sites, let alone download unknown programs.
Install a good antivirus. Many wallets have already been hacked and people write about it, first read what others are writing.
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