NOW is a good time for a hack! - page 3.

Capradina

hero member

Activity: 756

Merit: 520

Quote from: Tanic on January 03, 2017, 06:38:07 AM

Some big hacking is coming. I even feel how hackers are working to open some site. But I would also notice that protection of bitcoin wallets and exchangers became stronger. But as we know nothing is perfect.

Yup, it sure will be done by hackers if indeed bitcoin has become a worldwide digital currencies and much used by the vast majority of people in this world, let alone the vast majority who use the bitcoin is those who did have a lot of money in the world. But I am confident that the system will never be in the bitcoin take over by hackers, because in the bitcoin system I noticed that only the original owner bitcoin could unlock and find out the weakness of the bitcoin. So in order not to be exposed to hacker attacks, then we should be able to protect the wallet that we have properly and at maximum

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Hack time is also ever happens few years ago, when bitcoin price touch $1000, some exchange site have compromised. There's also have a possibility next hack effort will happens, especially with bitcoin price recently rise.
Time by time the company site who run bitcoin service must upgrade their security, hiring expert people will not hurt their revenue I think.

Tanic

sr. member

Activity: 294

Merit: 250

Some big hacking is coming. I even feel how hackers are working to open some site. But I would also notice that protection of bitcoin wallets and exchangers became stronger. But as we know nothing is perfect.

olubams

hero member

Activity: 798

Merit: 503

This hack that I am seeing all over the forum, it seems we are even the ones calling for hacks when we are the ones to be hit the most when it eventually happens. Because it will definitely drive down the price of Bitcoin which might even take another year to recover but for the hacker himself, he does not care even if it falls to $100 since he is getting free money after all.

Senor.Bla

sr. member

Activity: 280

Merit: 253

Quote from: Catmony on January 03, 2017, 05:57:03 AM

If any hacker find out how to hack any trading platform i think they will try to hack it as soon as possible because those platform may find those security holes in their regular security audit and may be it will be impossible for those hackers to hack it. So i don't think they will just wait for price bump to hack any bitcoin related platforms/services.

I am sure that if you are in a position that you have found a way to hack a major amount of Bitcoin it is tempting to do it quickly, but a good hacker (not a white hat, more in the sense knows what he is doing) will first make sure he will not get caught. So he need some patience anyway and will have some time to think. Let us say he found a loophole that is quite old. Should he really be worried that it will be closed the next day? Or would it be a calculated risk to wait a bit longer and make a ton more money.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: electronicash on January 03, 2017, 05:57:24 AM

While its funny, its really a good time for a hacker to find vulnerability for bitcons. And if they are smart enough they can work with a huge bitcoin exchange to set up a hacking incident and the exchange can declare thu are hacked.

It will happen, but the only question is when... Every hacking incident has been nothing more than a well coordinated attack by wealthy individuals operating from several major exchanges. In reality there is nothing that is getting hacked as everything happens from within these exchanges. It's just easy to blame hackers as they benefit from the mostly anonymous nature of Bitcoin. People take everything for granted, plus the fact that the FBI and other related government forced organizations are lacking the knowledge to properly research everything in terms of Bitcoin.

DRaGoN RaNTaRo

sr. member

Activity: 319

Merit: 250

Quote from: Barbut on January 03, 2017, 05:48:40 AM

The hacking of computers is a crime. It is often glamourised in films with individuals portrayed bring down huge companies for the good of the people. In reality it is a serious offence when certain government databases may be hacked or private companies are hacked for the purposes of fraud. In this case stealing bitcoins to have material gain.
It`s a criminal act, and with this hack many of us will be in the problem. Instead to go up, we will drop again. Instead you to find a way to stop it, I have a feeling that you call for that hack.

Good to know that hacking was a crime and how many crypto currency hackers have being caught till now,zero in my knowledge and there have being more than a hundred major hacks in the bitcoin world.The possibility to catch them are really slim unless and until they are foolish enough to keep some trails.It is the modern way than the age old heist with guns and violence.

electronicash

legendary

Activity: 3178

Merit: 1054

While its funny, its really a good time for a hacker to find vulnerability for bitcons. And if they are smart enough they can work with a huge bitcoin exchange to set up a hacking incident and the exchange can declare thu are hacked.

Catmony

hero member

Activity: 854

Merit: 500

If any hacker find out how to hack any trading platform i think they will try to hack it as soon as possible because those platform may find those security holes in their regular security audit and may be it will be impossible for those hackers to hack it. So i don't think they will just wait for price bump to hack any bitcoin related platforms/services.

gredisgold88

sr. member

Activity: 714

Merit: 250

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

argument you make me laugh, perhaps because of the high price of the BTC will conduct transactions with vulnerable and at risk of a hack, but what people believe about bitcoin hack our site, it is impossible hacks but scams circulated widely

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

The hacking of computers is a crime. It is often glamourised in films with individuals portrayed bring down huge companies for the good of the people. In reality it is a serious offence when certain government databases may be hacked or private companies are hacked for the purposes of fraud. In this case stealing bitcoins to have material gain.
It`s a criminal act, and with this hack many of us will be in the problem. Instead to go up, we will drop again. Instead you to find a way to stop it, I have a feeling that you call for that hack.

warwar

hero member

Activity: 798

Merit: 505

Quote from: Heartilly on January 03, 2017, 05:40:33 AM

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

Even without this price increase, expect some possibility that hacking will take place.

So better be cautious all the time and make some ways for your coins to be secured. Price increase is just the best time for hackers to hack but don't take it easy when there is no price increase.

Though when the price is not as high as this there are really a ton of hacking incidents that happen, lot of exchanges and wallets been hack and how much more if the price is at high like this. I do agree we should just add more security about our bitcoin and in our wallets we should be careful about it.

Senor.Bla

sr. member

Activity: 280

Merit: 253

Quote from: mobnepal on January 03, 2017, 05:30:32 AM

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

So right now would be a good time for the next big hack!

It may be good for hacker but not for bitcoin holders/users, nobody wants a big dump right now other than few that have already sold their holdings cheaper and want to buy back at the price they have sold it in.

And talking about big hack, i think most of those hacks were inside job from trading platform as no one can look inside what has really happened that breach their security systems.

Of course i am talking about now being a good time from the hackers perspective and you could expect a drop in the price. What some do not seem to realize is that it does not matter if it is an inside job or not. The coins are gone and now would be a good time.

Heartilly

sr. member

Activity: 697

Merit: 253

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

Even without this price increase, expect some possibility that hacking will take place.

So better be cautious all the time and make some ways for your coins to be secured. Price increase is just the best time for hackers to hack but don't take it easy when there is no price increase.

mobnepal

legendary

Activity: 1218

Merit: 1006

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

So right now would be a good time for the next big hack!

It may be good for hacker but not for bitcoin holders/users, nobody wants a big dump right now other than few that have already sold their holdings cheaper and want to buy back at the price they have sold it in.

And talking about big hack, i think most of those hacks were inside job from trading platform as no one can look inside what has really happened that breach their security systems.

lottery248

legendary

Activity: 1582

Merit: 1006

beware of your keys.

even if you wished to hack someone for bitcoins, if you were hacked as the same, your benefits on hacking would be gone, that is not a good idea. Undecided

why don't you get the time on others regarding bitcoin? Huh

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Like someone wants that some big hacker attacks happens on an exchange or something so that price could go down. I'm sure hackers have their own plans how and when to attack and this could be the less expected. Besides I don't think they count the price of Bitcoin so much, they have also other goals and reasons, not just financial gain.

beerlover

legendary

Activity: 3052

Merit: 1188

I just wonder that hacking is that easy like waiting for a price rise and then making it ? You people over estimating hackers. They will work on opportunity and will surely attempt for bigger lump sum but definitely will not wait/delay.

mrkevio

full member

Activity: 210

Merit: 100

Quote from: pinoycash on January 03, 2017, 02:13:12 AM

Quote from: Senor.Bla on January 03, 2017, 02:03:01 AM

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

An attack.Hack can happen anytime regardless of the price. i doubt any big hacking incident will occur majority of this hack are inside job and not from the outside.

Price makes thieves or hackers even more tempted to do it. I agree with you though that it's mostly an inside job: why would they close the website by giving the users their money back and then going away with the profit (probably a few thousands), when they can not give anyone their money back and run away with MILLIONS? The worst part is that governments have nothing to do about it. I know Bitcoin should be anonymous and stuff, but this is all I would like the governments to do: just do something about Bitcoin ponzi schemes and scams.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: Sithara007 on January 03, 2017, 02:22:45 AM

If a major hack occurs, then it will affect the reputation of Bitcoin and the exchange rates will go down. It is a vicious cycle. First, the exchange rates rise. After that, the hackers become active, attracted by the high rates. And finally, the exchange rate crashes, after major hacks. Back to ground zero.

It is just a minor set back. just like when bitfinex was hacked last year, the price went down a bit for some time but it bounced back. As long as the one hacked are the sites, then the price will bounce back. But if bitcoin or blockchain is hacked, then that is a different story. But I doubt there is a hacker right now that can hijack blockchain and compromise bitcoin.

Topic: NOW is a good time for a hack! - page 3. (Read 2805 times)