IS IT TRUE THAT CYRPTOWORLD IS PRUNE TO HACKERS? - page 2.

insurgent

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Activity: 168

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Look ARROUND!

Quote from: ay0d1 on July 04, 2018, 02:55:25 AM

The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

Cryptoworld is full of hackers that is why we need to be aware in everything. We need to make sure that our bitcoin is secured. We need to know what is the best and safest wallet. Sometimes they target those people who was lack of knowledge about bitcoin , they take advantage on them like newbies.

Bakugan

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Quote from: ay0d1 on July 04, 2018, 02:55:25 AM

The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

Yes cryptoworld is prone to hackers , especially now that the cryptoworld is full of newbies investors they are the usual target of hackers because they think those newbies dont know anything on how are they going to manage their accounts. That is why there were so many tips and advices on how are we going to protect ourselves from hackers.

Brian_Wood

newbie

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If you mean "prone" to being hacked, then yeah, the cryptoworld is very susceptible. This is because there are huge amounts of money available on the internet. It's pretty hard for a hacker to steal our fiat cash from your pocket through the internet. Your crypto coins, on the other hand, are ripe for the picking. It's a constant war between hackers and everybody else. I requires smarts and attention to avoid hackers. I think a lot of people hear about others getting hacked and think that it won't happen to them. The more it happens to people, I think the more people will start to be careful and take measures to protect their crypto.

ecnalubma

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www.Artemis.co

Since the internet was invented everything is not safe, but developers always improve security from daily encounters. Hackers are like burglars no matter how safe the facility is they always look for its weakness and loopholes, that's why its a big challenge for companies to improve their security that cost millions. People do bad things will never win and they can't hide forever, law enforcement can always find them and they must put their talents in the right place.

2408AAY

newbie

Activity: 126

Merit: 0

Exactly. Its very true that crypto world is usually attacked by hackers because of its popularity and the profits nature of cryptocurrency. I sometimes do blame the exchangers who create a way for these hackers to badge in.I suggest they teach people about security system in cryptocurrency.

micle222

sr. member

Activity: 784

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The name of the hacker must always be there.
The more new ones come to the system, there are definitely more hackers.

But depending on hackers too, they always take money that is sinful, not from good money.

FlightyPouch

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Activity: 1638

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Quote from: Fantastic33 on July 22, 2018, 05:50:11 AM

Hackers can hack anything that is computer generated, such as crypto. Hackers are expert on doing this. So to protect your bitcoins from hackers, it is very important to always update the btc wallet and make sure to have a secured password or change your password twice or thrice a year.

We need to hold our horses right here, Hackers can get a hold of your private keys, your passwords and bank accounts but I don't think they can hack directly the crypto currency, they can just hack a wallet of either a user or an exchange. Without some great technologies like the quantum computer, I don't think they can do it. Secured Password will not cut it, you need a lot of other ways to make your BTC wallet safe from them.

redtrus55

jr. member

Activity: 40

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We have to conceptualize the best safety wallet, the one with the hardware wallet, the hardware purse is the safest crypto wallet, it is suitable for big bitcoin investors to keep their bitcoin balance.

Fantastic33

member

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Hackers can hack anything that is computer generated, such as crypto. Hackers are expert on doing this. So to protect your bitcoins from hackers, it is very important to always update the btc wallet and make sure to have a secured password or change your password twice or thrice a year.

RawDog

legendary

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Quote from: CottonGuy on July 17, 2018, 08:13:02 PM

There are really some people who wants to take advantage of other peoples weaknesses.

Unless you are an expert - you are going to get hacked and lose all your money. Don't risk it - you'll be very sorry when you fuck it all up.

kanayaTabitha

sr. member

Activity: 980

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Quote from: Xester on July 04, 2018, 05:55:43 AM

Quote from: ay0d1 on July 04, 2018, 02:55:25 AM

The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

Do you mean prone to hacking. It does not necessarily mean that if you have bitcoin you have a huge tendency that you will be hacked. If you are not very careful then you may be a victim of small time hackers. But we cannot deny the fact that big exchanges have been hacked and they lost huge amount of bitcoin amounting to millions to billions of dollars in value.

yes right, does not mean if you have bitcoin you will be hacked. if you keep it in the wallet it might be a bit more secure. some time ago many exchanges that have been hacked we can not do anything. I have some tokens that I save and I still use the mew address and stay safe. recommendation from me use hard wallet like ledger or trazor.

CottonGuy

jr. member

Activity: 185

Merit: 5

There are really some people who wants to take advantage of other peoples weaknesses. Today on wards, hacking will be the most profitable hobby but this can create very bad impact into crypto discouraging people to use it. The blockchain itself is unhackable but due to human error and carelessness hacking has been very rampant nowadays. We should be extra careful in clicking suspicious links that could phish information from our devices.

Babyfaceless

full member

Activity: 322

Merit: 101

Yes many hacker right now are using and creating fake site to victim the other people who cannot understand and cannot see the safe site at the top of the URL im also the victim but im sure im using a safe site and my account was hack and nothing left in my account i was so angry on my self i want to kill that hacker stupid they need to teach a good lesson they are studying but they do not use it properly.

Erlinda Santiago

full member

Activity: 266

Merit: 100

Quote from: ay0d1 on July 04, 2018, 02:55:25 AM

The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

It depends because we all know that there is a lot of scammers especially online so maybe cryptoworldis prune of hackers or scammers,becareful of that coz they might get yoyr coins

toreserve

newbie

Activity: 26

Merit: 0

It does not necessarily mean that if you have bitcoin you have a huge tendency that you will be attacked. But we can not deny the fact that major trading floors have been attacked and that they have lost a great deal of bitcoin in the millions of dollars in value.

JeffreyKen

newbie

Activity: 42

Merit: 0

It's only normal when a community grows the consequences of harmful situations also increases. However, Bitcoin has always been safer to use than most other cryptocurrencies which makes it the most trusted one. Nevertheless, it's always good to be extra cautious and not fully dependent on anything.

neliawesome

jr. member

Activity: 210

Merit: 1

Hackers are everywhere even in social media there are lots of them hacking accounts.So its not different in crypto.When there is money involved theres always those type of illegal jobs.Thats why you should be more careful in every actions taken and do not trust anyone especially when it comes to your account.

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: ay0d1 on July 04, 2018, 02:55:25 AM

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

One reason why there are still a lot of hackings in crypto is that the users are lacking the knowledge to keep themselves secure. People still fall to a phishing scam, malware, etc. So how to keep yourself secure?

1. Never download anything suspicious from unreputable source. Always verify!
2. Put 2FA on all accounts. Use a Google authenticator instead of email/phone authentication.
3. Use hardware wallets.

With those 3 simple steps, you'll be safe from most dangers out here.

tunapa

jr. member

Activity: 667

Merit: 1

All I can say is that your security and safety is in your hands. Everyone will take responsibility for that. Keep your wallet details and keys safe, don't keep your assets on exchanges, don't give your details to a third party. These are all that is needed to be done.

cosmicart

jr. member

Activity: 378

Merit: 3

hackers attack wallets and account only when they have the chance to, if your wallets are secure properly with 2fa and other security measures, there is no way you can be hacked.

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