Or set up the 2FA. Hackers can't crack that
lolMtGox had 2FA. Didn't really help the people, who used it.
Topic: If you short the bitcoin massively, your coins will be hacked on exchange (Read 1231 times)
January 11, 2015, 05:09:03 PM
MtGox had 2FA. Didn't really help the people, who used it.
January 11, 2015, 05:03:15 PM
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Im following the instructions everyone else should also, do not be a non conformist.
January 11, 2015, 05:00:49 PM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange 
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
I don't understand the logic in this. You sounded like shorting is a cause for hacks. There were exchange hacks when bitcoin price was on the way up. Your theory is flawed.
January 11, 2015, 01:53:39 PM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
I don't understand the logic in this. You sounded like shorting is a cause for hacks. There were exchange hacks when bitcoin price was on the way up. Your theory is flawed.
January 11, 2015, 01:39:35 PM
Is there any decentralized exchange that you can short bitcoins on? I know that BitShares could allow the shorting of btc if they had a market pegged asset with enough liquidity.
January 11, 2015, 01:04:54 AM
The nature of the volatility is that there will be swings up or down. Sometimes, there is inherent risk like having money on an exchange, but there is the reward of profit. Put yourself into a position where you can buy low and sell high or sell high and buy low.
January 11, 2015, 12:54:43 AM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
I am not so sure about this. The exchanges tend to not have any financial interest in which way the price of bitcoin goes because they earn their money in trading commissions. They would actually have an incentive to want to stay online when the price is volatile because that generally means higher trading volume Exchanges gives clear signal: No sudden move, only buy and smooth cash out
January 10, 2015, 10:15:11 AM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
The hacker want you to sell your btc and he/she will buy cheap and sell high
Or set up the 2FA. Hackers can't crack that
That's good choice for the security
January 10, 2015, 09:48:39 AM
That is how real people makes money. You don't expect to study the charts, put your buy order in and wait for it to hit and then sell back at higher price, wouldn't you? That is too complicated
Definitely very difficult to do that. January 10, 2015, 07:30:35 AM
That is how real people makes money. You don't expect to study the charts, put your buy order in and wait for it to hit and then sell back at higher price, wouldn't you? That is too complicated
January 10, 2015, 07:26:30 AM
Or set up the 2FA. Hackers can't crack that
January 10, 2015, 07:21:58 AM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Which means BTC exchanges are owned/controlled by bulls. Considering the extremely low % of BTCs in circulation in fiat currency style, this is a likely scenario. But for how long can % of BTC in circulation (for buying/selling goods/services) remain so low ?
January 08, 2015, 11:27:09 PM
The conspiracy theories will truly never cease to amaze me 
So much creativity and imagination in the ecosystem....
So much creativity and imagination in the ecosystem....
January 08, 2015, 12:53:49 PM
the idea would be to short then create instability then repurchase all shorting is based on your ability to influence the market in a substantial way,
January 08, 2015, 12:45:17 PM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
The conspiracy theories never end.
A hacker would make more money by getting bitcoins in a rising environment.
January 07, 2015, 09:05:01 AM
This is the message behind exchange hacking during a price fall: If you dare to short bitcoin massively, your coins will be hacked on exchange
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Exchanges gives clear signal: No sudden move, only buy and smooth cash out
Jump to: