Topic: RANSOMWARE impact - page 5. (Read 12366 times)
No you caan say that as after thw ransomeware attack bitcoin gained a heck of popularity and because of this the price literally went to moon , but yeah the price came back to normall and has been falling from past 3 days. I'm totally fine this as now majority of the world isbaware of bitcoin and that's what matters the most.
After days passed from the attack till now I think it wasn't that big even the income that the hackers got from users that paid to recover their files wasn't really something big if we compare that with passed attacks, am I right ?
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
The mainstream media has made a bit of Bitcoin's regret in reporting their ransomware attacks and it does not matter - only other crimes people can commit with Bitcoin if they want to.The attack was in my opinion not the best path to bitcoin.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
The mainstream media has made a bit of Bitcoin's regret in reporting their ransomware attacks and it does not matter - only other crimes people can commit with Bitcoin if they want to.The attack was in my opinion not the best path to bitcoin.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
there is a positive impact from RANSOMWARE like many more people not know bitcoin because ransomware who know bitcoin.. but negative impact is make the bitcoin user being restlessHonestly, I didn't think of that myself
But why not, after all? If people had been extorted some monies in US dollars, would they start feeling disgusted by the American dollar? I'm inclined to think that they won't. So why should Bitcoin be different? Well, in fact, I agree that they might feel like that, and some of them would certainly feel that way for some time, but when the dust settles and the sun shines bright again, they will certainly calm down and come to understand that Bitcoin as such is not involved, but they have already learned about it, and what's more they already know how to use it (at least, how to buy and send bitcoins). Wouldn't that be good and what is bad in that?
That doesn't mean that ransomware is more popular than bitcoin nor they will ever be.
Bitcoin is so big that it doesn't care about this ransomsh*t.
What do these million of users are doing? We are here to show them that bitcoin is a good thing. It's just being taken advantage of.
I always tell my friends, co-workers and even my boss (I'm in the IT department) that bitcoin was not made for the sole purpose of ransomware or some sort.
As of today, some of my co-workers became my co-bitcoiners too.
Bitcoin is so big that it doesn't care about this ransomsh*t.
What do these million of users are doing? We are here to show them that bitcoin is a good thing. It's just being taken advantage of.
I always tell my friends, co-workers and even my boss (I'm in the IT department) that bitcoin was not made for the sole purpose of ransomware or some sort.
As of today, some of my co-workers became my co-bitcoiners too.
The recent ransomware attack was actually just a publication. Whats funmy is how you react to it, even that 15 year old kid from india were able to solve the equation and was able to brought it down.
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
.I do not think that a software attack will make a change in the minds of governments.
Of course bitcoin, or other crypto currencies as well, they are perfect for using them as a way of ransom payment in such attacks.
On the other hand, many attacks are not based on ransom. Some are done because the programmer wants to show he can do it.
Others are led by governments. In these cases regulating/banning crypto currencies would bring nothing.
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
. 
I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
It may make Bitcoin more popular but it definitely won't be for the right reasons if that's all that they learn Bitcoin is used for. I personally really wouldn't want to see Bitcoin being known as the "ransomware currency" but it can't be avoided considering the nature of it all. I don't really know what else there is that can be done beyond hoping people find interest in the currency itself through them learning about it from news articles on ransomware.I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
Well, that was the point of the new Ransomware software. People wanted to make the Ransomware involved with Bitcoin so Bitcoin could get much more popularity and within the world. Just like the worm virus spreads really fast to many computers, the information of the Ransomware virus spreads fast among the news and rumor's going around.
Someone could have used the Ransomware to only accept regular fiat payments yet they decided to integrate Bitcoin into it instead so the price of Bitcoin would go up.
I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
Well, that was the point of the new Ransomware software. People wanted to make the Ransomware involved with Bitcoin so Bitcoin could get much more popularity and within the world. Just like the worm virus spreads really fast to many computers, the information of the Ransomware virus spreads fast among the news and rumor's going around.
Someone could have used the Ransomware to only accept regular fiat payments yet they decided to integrate Bitcoin into it instead so the price of Bitcoin would go up.
I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
It may make Bitcoin more popular but it definitely won't be for the right reasons if that's all that they learn Bitcoin is used for. I personally really wouldn't want to see Bitcoin being known as the "ransomware currency" but it can't be avoided considering the nature of it all. I don't really know what else there is that can be done beyond hoping people find interest in the currency itself through them learning about it from news articles on ransomware. 
I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
The Ransomware been going around for years yet people within the news don't really talk about it much because they want to scare people into thinking that there is some sort of new threat within the nations. If people wanted to test the Ransomware with their computers then they will see that something like that could get patched though I would recommend anyone with a virus to just purchase a different computer because the computer is already affect with the virus and i prone to happen again if the person does not know where it came from.
I think its a positive move for bitcoin because of ransomware people are trying to understand what is bitcoin and how it works . of course bitcoin price will increase because people are doing lots of transaction through bitcoin for decrypt the virus . But negative side also is there people are relating ransomeware such a bad thing with bitcoin even though its just a payment mode
Perhaps an increase in bitcoin prices currently affects one of them from ransomware.
Now bitcoin is increasingly being used by people. A negative thing that produces a positive thing.
Now bitcoin is increasingly being used by people. A negative thing that produces a positive thing.
Till the ransomware (or "hack") isn't in the millions nothing will happen and the government wont react.
Governments, regulations, and hacks (like Mt Gox) are the ones that really impact BTC the most. My biggest concern right now are China's authorization for BTC withdrawal, and the duration + high fees of BTC (some rumors going around)
The government already give reaction to this case because the ransomware itself attacking many vital things. It's right that there's no significant impact towards bitcoin but still it's indirectly giving bad image for bitcoin that could make bitcoin struggling to gain more users and increase its demands.Governments, regulations, and hacks (like Mt Gox) are the ones that really impact BTC the most. My biggest concern right now are China's authorization for BTC withdrawal, and the duration + high fees of BTC (some rumors going around)
Well maybe there is no direct impact of Ransomeware to bitcoins but indirectly a lot has been talked about and discussed. Maybe people are arguing that if bitcoin is declared a major currency all over the world, attacks like this will be more and world will not be a safe place for storing the money. People will feel unsafe with their digital coins as anyone can hack them or demand in form of a Ransom without ever knowing who the thief was .
I think it has a big impact in bitcoin bro. Though in ransomware they read about bitcoin then that will to sort of negative thinking again about bitcoin and others also getting curious of bitcoin so they are trying to learn what is bitcoin but now i think nothing happens with bitcoin unlike in the firstweek of ransomware because the price of that time it dumps but now it is really high huge so now i think ransomware is not affecting bitcoin
There are many different ways available other than bitcoin for the payment in such acts. Ransomware wasn't been able to ruin the image of bitcoin. It was just a mode of payment and nothing else. On the other hand, at my place people didn't really know about bitcoin. Due to this hacking attack, people come to know about bitcoin. Many people were busy in discussion. Even I made some people invest in bitcoin too. So, on the whole nothing has happened to the image of bitcoin.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
Well, so far your theory remains a far cry from reality
Bitcoin has been rising and it will likely continue to rise in the future. If anything, it proves its robustness as a decentralized (read free of government control) currency. Using it for extorting ransom is a sort of real life stress test, but that doesn't mean in and of itself that this is the only field of Bitcoin's application. I'm in no case justifying such acts (i.e. encrypting file systems and then demanding money to be paid to decrypt it), but, as to me, the effect of that would be positive on Bitcoin in the long run. In other words, don't shoot the messenger, he is doing his best!
as it look now it prove that investors don't care at all about any thing outside of their daily trading activity or they are not the same people, i mean it's not like the people affected by this malware are the same that are pumping now bitcoin...
They certainly do care
But this FarCry event is evidently not something which would attract their attention for longer than a few second timespan. If some exchange got hacked (say, Bitfinex again), that would certainly raise a stir in the Bitcoin investment establishment. If anything, 50 bitcoins is not a big deal really, so people affected by this ransomware cannot be pumping Bitcoin right now unless they buy up bitcoins in massive amounts for future payouts, of course (as the saying goes, if it rains it pours)
I think that if anything, that attack made a little scratch in bitcoins public reputation.
So in my opinion, the attack would have brought the bitcoin price even down, not up.
To my big surprise, most media did not even mention that the ransom should have been paid in bitcoin.
They were more focused on the attack itself, the reports about how bitcoin was involved in this were really small.
As to me, Bitcoin came out completely unscathed
And I don't quite understand how this attack would have brought the Bitcoin price down when we only saw the price hitting new ATH's all the time. Right now the price is over 2,100 dollars per coin already so any such claims are heavily detached from reality. In fact, the reverse can well be true, i.e. people have heard about Bitcoin being used by successful and prosperous hackers and started buying it themselves. Apart from that, why would media want to emphasize Bitcoin as ransom, if this is what everyone expects nowadays anyway? Really, would they draw any special attention to it if dollars had been demanded as ransom? It's the same with bitcoins already, there is no more sensation in that
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