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.
Do you still think only a major hack of that intensity is about to happen,we have seen many hacks over the years and even last year we have seen many hacks in all the major exchanges and those hacks wont dent the reputation of bitcoin but it will dent the reputation of the hacked exchanges. 
Topic: NOW is a good time for a hack! - page 4. (Read 2805 times)
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!
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.
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 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!
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.
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!
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!
The possible reason why the hackers attack when the price of bitcoin is rising its because that is the time when there are many transactions occurring and the management of the sites were to busy accommodating the transactions of their client and leave a blind spot. And that is the time the hackers attack are unnoticed. And also possibly some sites steal bitcoins themselves and told their clients they were under attack by hackers. At this time it is easy to say it is inside job rather than it is being hacked. When a company declares that they are being hacked when bitcoins price was high is very fishy. This is just my opinion, but you are right in saying hackers activities are well planned.
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!
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!
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