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Topic: RANSOMWARE impact (Read 12288 times)

hero member
Activity: 588
Merit: 500
June 28, 2017, 03:05:32 AM
nice tv ads lol
newbie
Activity: 61
Merit: 0
June 28, 2017, 02:31:53 AM
It can be a bad image to Bitcoin, but Bitcoin has always been involved in crimes especially known to be related in Dark Web Transactions even in Craigslist. Ransomware on the other hand created another bad image to Bitcoin but in turn also gave curiosity to many people to Bitcoin, lately I think the timing was good but Bitcoin's price actually increase right after the Ransomware news if I am not mistaken which means Bitcoin still has demand or and increasing one. One bad news won't effect Bitcoin's economy as a whole.

Sensible people will think that the use of the bitcoin in the ransom does not affect its image.
copper member
Activity: 1442
Merit: 529
June 26, 2017, 08:48:46 AM
It is not the fault of the ransomware creators that 85% of the globe use a weak operating system like Windows which has a lot of bugs and open ports from where the attackers can attack with anything they like. Ransomware victims were all Windows users so why blame it on bitcoin and not on Windows ? All Linux users were happily working and nothing happened to them. The impact did had the opposite effect, it made people more aware of bitcoin and increased their numbers, consequently making the price go up to more than 2.000 dollars and staying there.
legendary
Activity: 1862
Merit: 1004
June 26, 2017, 08:44:35 AM
Most newbies and laymen connect bitcoin to ransomware and think that bitcoin is the sole reason ransomware was created.
They don't know that ransomware is a much older concept that cryptocurrency, in the past instead of bitcoin or altcoins payments ransomware creator asked for:
vouchers, pre-paid card numbers, or premium text messages/phone calls bitcoin only simplified and standardized ransomware payments, nothing more.
hero member
Activity: 1806
Merit: 671
June 26, 2017, 08:36:21 AM
It can be a bad image to Bitcoin, but Bitcoin has always been involved in crimes especially known to be related in Dark Web Transactions even in Craigslist. Ransomware on the other hand created another bad image to Bitcoin but in turn also gave curiosity to many people to Bitcoin, lately I think the timing was good but Bitcoin's price actually increase right after the Ransomware news if I am not mistaken which means Bitcoin still has demand or and increasing one. One bad news won't effect Bitcoin's economy as a whole.
sr. member
Activity: 484
Merit: 250
June 26, 2017, 08:31:30 AM
The recent ransomware has made positive as well negative impacts over the entire world. In the form of positive outcome the bitcoin is known more and some has started to experiment it. In the other way people have fixed that bitcoin is the one that has got negative part higher than positive.

the only positive from this is that more people are aware of how important updates and patches to your OS are. not to mention regular offline/offsite backups.

the fact that bitcoin was specified as payment was largely ignored, generally it was only mentioned in passing.

I've seen more mainstream media segments on Bitcoin than ever before, so it must have had an impact. Also, many people were affected by the ransomware, so all of them heard about Bitcoin. Most will have a negative opinion of it for sure, but some will look into it more.

RANSOMEWARE has caused a global crisis, and its consequences are extremely terrible, especially for businesses and government organizations around the world, I'm sure the money that this hacker group gets is enough. Let them live for life. Thankfully it ended quickly thanks to a young man. And we can see, bitcoin is the means that hackers use to store money. This will cause negative thoughts for bitcoin.
sr. member
Activity: 644
Merit: 264
Aurox
June 26, 2017, 08:25:20 AM
The recent ransomware has made positive as well negative impacts over the entire world. In the form of positive outcome the bitcoin is known more and some has started to experiment it. In the other way people have fixed that bitcoin is the one that has got negative part higher than positive.

the only positive from this is that more people are aware of how important updates and patches to your OS are. not to mention regular offline/offsite backups.

the fact that bitcoin was specified as payment was largely ignored, generally it was only mentioned in passing.

I've seen more mainstream media segments on Bitcoin than ever before, so it must have had an impact. Also, many people were affected by the ransomware, so all of them heard about Bitcoin. Most will have a negative opinion of it for sure, but some will look into it more.

It does not have a direct impact on bitcoin but to the people who are victims of ransomware and to the people who have heard of it.  To the victims of ransomware they have the need to buy bitcoin to pay the ransom for their important files. To those who have heard of those incidents its either they will sell their bitcoins if they have one or if they are not a bitcoin user they will become pessimistic and will begin to believe that bitcoin is the money of the fraud and hackers. It may bring some negative feedbacks on bitcoin but it cannot shake bitcoin as a whole since bitcoin has a strong support from people, especially from bitcoin enthusiasts.
hero member
Activity: 2380
Merit: 916
fly or die
June 26, 2017, 07:48:20 AM
The recent ransomware has made positive as well negative impacts over the entire world. In the form of positive outcome the bitcoin is known more and some has started to experiment it. In the other way people have fixed that bitcoin is the one that has got negative part higher than positive.

the only positive from this is that more people are aware of how important updates and patches to your OS are. not to mention regular offline/offsite backups.

the fact that bitcoin was specified as payment was largely ignored, generally it was only mentioned in passing.

I've seen more mainstream media segments on Bitcoin than ever before, so it must have had an impact. Also, many people were affected by the ransomware, so all of them heard about Bitcoin. Most will have a negative opinion of it for sure, but some will look into it more.
legendary
Activity: 1092
Merit: 1000
June 26, 2017, 01:44:01 AM
Well, after somewhat a month of the ransomware attack we can see that the price of bitcoin continues where it was, it had a slight fluctuation last week, but that surely was not because of the ransomware attack. Bitcoin will always fluctuate because of it's volatile nature, but these attacks, might not bring down bitcoin at all !
You are right, month have passed already and i cant really feel the effect of that ransomware incident which we cant tell if it helps or decreased bitcoins price but well we do always knew that price will always increase as the time goes by. Affected or not the most important thing here that we are witnessing still bitcoins growth potential.
Whatever will happen the bitcoin price will still going up because the bitcoin is a limited currency so day by day the price of it will go up because day by day many people are investing and knowing it so by that the demand of the people are increased, and the price is going up.
I don't know how many of you observed this when the ransomware virus attacks and the hackers demand their money in the form of bitcoins. This news published on TV news channels all over the world. This is the first TV ADD for Bitcoin. We thought it effects on bitcoin price. But this attack increased bitcoin users all over the world. 
sr. member
Activity: 378
Merit: 250
June 26, 2017, 01:15:11 AM
Every new technoligies that will come to places in our world it can be use by all people as long they got access to it whether they use it to their good or bad intentions, it is a matter of your consience if you really want to take advantage of the less fortunate or less knowledgeable people.

Bitcoin is a new payment platform that can be use by terrorists if they want to but the old fiat currency is being used to before. There is no perfect technology though it is just depends on how and who will use it.
hero member
Activity: 826
Merit: 501
June 26, 2017, 01:03:15 AM
Well, after somewhat a month of the ransomware attack we can see that the price of bitcoin continues where it was, it had a slight fluctuation last week, but that surely was not because of the ransomware attack. Bitcoin will always fluctuate because of it's volatile nature, but these attacks, might not bring down bitcoin at all !
You are right, month have passed already and i cant really feel the effect of that ransomware incident which we cant tell if it helps or decreased bitcoins price but well we do always knew that price will always increase as the time goes by. Affected or not the most important thing here that we are witnessing still bitcoins growth potential.
Whatever will happen the bitcoin price will still going up because the bitcoin is a limited currency so day by day the price of it will go up because day by day many people are investing and knowing it so by that the demand of the people are increased and the price is going up.
sr. member
Activity: 675
Merit: 254
So far so good
June 26, 2017, 12:51:31 AM
All of us have seen those movies with gangsters, mafias, drug dealers paying a deal with suitcases of cash money. This was the reality, even before the 50's. And cash money still does exist so I'm not too worry about the future of bitcoin. Off course the bad guys use it but don't forget a large mojority of good people use it too.
hero member
Activity: 2926
Merit: 722
June 26, 2017, 12:34:12 AM
Well, after somewhat a month of the ransomware attack we can see that the price of bitcoin continues where it was, it had a slight fluctuation last week, but that surely was not because of the ransomware attack. Bitcoin will always fluctuate because of it's volatile nature, but these attacks, might not bring down bitcoin at all !
You are right, month have passed already and i cant really feel the effect of that ransomware incident which we cant tell if it helps or decreased bitcoins price but well we do always knew that price will always increase as the time goes by. Affected or not the most important thing here that we are witnessing still bitcoins growth potential.
sr. member
Activity: 686
Merit: 253
June 26, 2017, 12:30:17 AM
Uh, nope? Lots of these threads today. More threads here than actual ransomware sent out haha. If the demands were made recently it means they hacked these people quite a while ago to hold their info ransom.

It won't affect bitcoin. If you're too stupid to understand that every currency is used for crime the. You're too stupid for bitcoins. Try trading your turnip for a pencil and get back in school.

I agree with you in part even though your language was harsh at some point but there's indeed no need to tag Bitcoin with this ransomware attack because like you said every currency in this world is coveted and people can perpetuate crime in order to get a good sum of it at their disposal.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
June 24, 2017, 04:27:05 PM
This type of crime is going to follow the same fate from me when it comes to talking about it, you can commit this crime with Bitcoin, or you may commit it with other items such as Western Union, Bank Transfer, CASH, Prepaid Cards, AND SO ON AND FUCKING SO FORTH. So it's not like Bitcoin is the go to for this sort of thing, I'd actually think it's one of the harder ones for the criminals to pull off as they're going to need to cash out with Bitcoin and if they'd not want to lose money on it they're going to need to go through KYC shit.

So, no impact in the least. The media may throw one or two stories up about this, but nothing to really change anything.
sr. member
Activity: 476
Merit: 250
June 24, 2017, 01:16:06 PM
Well, after somewhat a month of the ransomware attack we can see that the price of bitcoin continues where it was, it had a slight fluctuation last week, but that surely was not because of the ransomware attack. Bitcoin will always fluctuate because of it's volatile nature, but these attacks, might not bring down bitcoin at all !
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
June 24, 2017, 08:22:00 AM
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Even Linux and macOS are target of hackers but the number of people that use linux are mostly those that know more about the technology and IT

Could we claim Android users as Linux users too?

If we consider Linux as Linux kernel (just because there is no canonical Linux operating system, Windows style), I think Android users could well count toward being Linux users too. But in no case can we think of them then as more literate technology wise since they are basically the same users who are using Windows on their personal computers and notebooks. I don't like Android much, but I have heard only about a couple of viruses there, and needless to say, they didn't raise as much noise as many Windows viruses customarily do. In fact, they didn't even manage to spread in any significant degree

Well I didn't mention android but I don't think that android users (mostly mobile and tables) should not be counted that are using Linux.

But in this case it means that they are target of hackers more than other platforms like ios and windows phone as it's easier to get infected even if the app is in the google play store.

But ransomware as far as I know infects only PCs and servers not the mobile phones and tablets

You won't find a lot of ransomware on Linux desktops or servers

And I won't be surprised if you won't find any at all. But this is irrelevant since this is not what your point was about. Basically, you claimed that Linux is only (well, mostly) used by geeks (and that's why there is no ransomware for it) which is obviously not the case. It is used by essentially the same folks which use Windows (or MacOs, for the record). But somehow we still don't see packs of viruses for Android, even though the number of Android users by far exceeds the number of Windows users. How come?

Let's not get out of the topic too much but we both know how much vulnerable is android compared to other operation system.

Many phones that are very cheap come pre-installed with malware or viruses (if you didn't know, google it a bit)

Could you post a link actually proving how "vulnerable is Android compared to other operation system(s)". Personally, I don't know that, and I haven't heard anything about that either. I guess there would be a lot of noise if what you say had any substance (given literally billions of Android devices out there). I read about a couple of wannabe viruses for Android which couldn't even spread before they got eradicated. I don't like Android much but that has nothing to do with its vulnerability or security

And I ask you to avoid using phrases like "we both know" in the future
legendary
Activity: 1137
Merit: 1000
June 23, 2017, 08:50:25 PM
+
Even Linux and macOS are target of hackers but the number of people that use linux are mostly those that know more about the technology and IT

Could we claim Android users as Linux users too?

If we consider Linux as Linux kernel (just because there is no canonical Linux operating system, Windows style), I think Android users could well count toward being Linux users too. But in no case can we think of them then as more literate technology wise since they are basically the same users who are using Windows on their personal computers and notebooks. I don't like Android much, but I have heard only about a couple of viruses there, and needless to say, they didn't raise as much noise as many Windows viruses customarily do. In fact, they didn't even manage to spread in any significant degree

Well I didn't mention android but I don't think that android users (mostly mobile and tables) should not be counted that are using Linux.

But in this case it means that they are target of hackers more than other platforms like ios and windows phone as it's easier to get infected even if the app is in the google play store.

But ransomware as far as I know infects only PCs and servers not the mobile phones and tablets

You won't find a lot of ransomware on Linux desktops or servers

And I won't be surprised if you won't find any at all. But this is irrelevant since this is not what your point was about. Basically, you claimed that Linux is only (well, mostly) used by geeks (and that's why there is no ransomware for it) which is obviously not the case. It is used by essentially the same folks which use Windows (or MacOs, for the record). But somehow we still don't see packs of viruses for Android, even though the number of Android users by far exceeds the number of Windows users. How come?

Let's not get out of the topic too much but we both know how much vulnerable is android compared to other operation system.

Many phones that are very cheap come pre-installed with malware or viruses (if you didn't know, google it a bit)

The impact is very high to the bitcoin and I think this is one of the reason people didn't joined bitcoin before as they thought is used only by hackers.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
June 22, 2017, 03:31:57 AM
You won't find a lot of ransomware on Linux desktops or servers

And I won't be surprised if you won't find any at all. But this is irrelevant since this is not what your point was about. Basically, you claimed that Linux is only (well, mostly) used by geeks (and that's why there is no ransomware for it) which is obviously not the case. It is used by essentially the same folks which use Windows (or MacOs, for the record). But somehow we still don't see packs of viruses for Android, even though the number of Android users by far exceeds the number of Windows users. How come?

Linux is a system where viruses doesn't exist or viruses can't easily get in because it was programmed to be invulnerable to viruses and other harmful stuffs in your computer. And this ransomware is out of the topic here since it can't penetrate the system, and what you have said is indeed true. Maybe he thought that the population of the android users is larger than the population of windows users.

This is not necessarily correct, there are viruses for Linux but those viruses fail to spread for the simple reason there are many programmers auditing the code and watching for any vulnerability, so there is not much of a time for the virus to spread and damage Linux systems also you will need to allow for the virus to install as root.

It is not only that

Viruses (as they appear in Windows) are not very widespread in Linux due to a lot of factors (better system security overall, inconsistent kernel api, more strict default policies, more variety between Linux systems, etc), but we shouldn't forget about rootkits. I don't think that we can call them viruses since they aim at opening root access to the system typically from outside, for example, via ssh (or otherwise) and meant to allow someone to conduct arbitrary tasks as opposed to "general purpose" viruses in Windows rigidly programmed to do only one task (or group of tasks)
full member
Activity: 224
Merit: 100
June 21, 2017, 11:41:24 PM
I think the impact of ransomeware is troubling the state of the world in the world. Making the world even more careful and adding to the protection of the system against viruses or hackers. And for bitcoin itself there is a negative impact that people think bitcoin is a digital currency used for crime. Positive is the more famous about bitcoin in society so many people know him.
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