Topic: Robbery that attacks Bitcoin Holders (Read 527 times)

being someone with a low profile really makes the mind and felt very calm, I also apply that mindset, there's no point in showing off bitcoin or other balances because humans are really wild and their greed is hard to guess. even though I have a few investments that I currently hold, I will not share them with others, especially my neighbors or friends.

Not sure what is going on? Bitcoin holders beware! There is a serious robbery that attackers are planning to do. It is directed at Bitcoin holders, who may lose their Bitcoin if they aren't careful.

With the high value of Bitcoin, extreme risks are involved with robberies. Bitcoin holders who want to keep their assets safe should change the way they manage their assets.

Bitcoin is a cryptocurrency that lets you make payments to anyone in the world instantly and anonymously, with no middle men. But if someone decides to rob you of your bitcoins, what can you do?

Bitcoin is the currency of the Internet. No one knows when or where it was created, no one controls it, and no one owns it. Bitcoins are digital and independently verified by millions of computer users who call themselves miners (which really just means that they have computers that solve math problems). Its value comes from its use as a popular medium for trading goods and services online with other people all over the world.

Whether you have bitcoin or any type of possessions, always keep them in private and never expose them in social media as social media nowadays has been the major source of crimes. I guess the blogger itself is just very confident on his bitcoin hodlings, and he has never thought that disclosing them in the public will put them into danger. Though it’s not bad to post about yourself in social media, but be cautious on what to post so that it will not trigger the silent scammers around.

This is why even if I'm proud with what I'm purchasing through my bitcoin holding profits, I don't want to put it on public because you don't know the people that will reach your posts or videos about your stuff related to bitcoin and crypto.

It's better to be safe than sorry and even I'm an enthusiasts and will always be, I choose to remain a low profile status and when someone asks me that properly, I'm knowing if the intention is genuine about learning what bitcoin is.

And from there, I'll be telling them what I know but most of the time if it's just a random guy, I'd say that I've sold most of my crypto assets just to be safe from more personal discussions and ill intentions.

I feel bad for the victim anyways if he genuinely worked for that bitcoin holding, this is so because Bitcoin has one incredible feature which is privacy, one can easily operate privately without anyone knowing how much bitcoin he of she holds unless you go about putting it to peoples face before there can know you have some bitcoin.

And reading through that news,  it seems like the robbers have well and accurate information about the op's possession of bitcoin and they made the robbery up.

This is one of the few reasons why I would back a custodian service to hold bitcoin in escrow.
Having that sort of money on your phone is insane, what happens if there's a zero day exploit on the phone? Putting a large amount like that into cold storage used to be sensible but now it's a terrifying concept of having a password worth that much in your home.

If the attack happened in the real world (offline) then I think it's more possible for the criminal to get caught and the Bitcoins can still be recovered before they transfer and spend it. Not only this news but I also heard a news before where the car get rob and the thief only stole a Bitcoin wallet while other valuable items are still there. I think what happen here is like an inside job because how will they know that their target has a Bitcoin?

It's important to not share sensitive information to your friends, relatives or even to your own family because we never know what if they have a hidden desire to our wealth and will do anything to get them.

Sometimes someone who already has a lot of assets will show off several times, showing that their wallet has lots of bitcoins or millions of assets. It would lure anyone in and nowhere would be safe once they were marked. Scammers who work online may still be able to overcome, but if scammers are already hunting offline and they target people with a lot of assets, they will become criminals who will do anything to get these assets. It looks very scary and very dangerous if the privacy of assets is published.

Nothing is 100% safe than anything we have, unless you can hire a bodyguard. So if we don't have strong security we can't be too vulgar with what we have and this problem often occurs with those who boast about their wealth and not just bitcoins, wearing flashy jewelery is also a target for criminals. And also a lot of people who suddenly turn into criminals, and not because there is any intention but because there is an opportunity.
and the good thing about owning bitcoins is that they have to be completely hidden and look normal, you don't need to be flashy because it will invite crime especially if there are a lot of them and what happens will be a lesson for other users, including me.

I agree with you that it is better that the digital assets that we hold are not known by others because if people know that we have digital assets such as bitcoin or other alcoins then people will be jealous and will think of ways to harm or extort, therefore it is better not to show it off our assets on social media or with others.

I want to feel sorry and feel unfortunate for the victim, but when I saw this one and read it, I guess he really deserves that.
I mean we have many crypto influencers already all around the world, but we aren't hearing these kind of crimes happening to them. I believe there's a reason behind this incident, and it seems like there really is.

Nowadays, whether it's cryptocurrency or fiat money in general, if you have huge amount of cash, and you posted it in public, there's a chance that you will be the next target of robbers or thieves, so the best thing that we can do is to just keep it in private as much as possible, and don't ever ever share the amount of holdings that we have.

nowadays the world of bitcoin is already very popular among the people, and they are very tempted by the current price of bitcoin, so many of them want to get bitcoin in an improper way both by hacking accounts to robberies as you explained, to avoid things that we do not want then never tell how much bitcoin assets we have because it will be harmful, because some of those who are already destitute will do negative things and do not care even though they are close friends we have known for a long time.

I'm feeling insecure these days because few of my friends know that I'm involved in cryptocurency (though they are too). Althiugh they don't know how much crypto I'm holding. And now this news lol.
It's always better if we hide our financial activities, and when it comes to crypto, we should definitely not share with anyone.
This is not the first time if I can remember. We have seen a few such cases back in the day.

I don't know whether this guy got his money in a legitimate way or by robbing others, and whether those who robbed him wanted the money for themselves or for the victims of an alleged scam. I've googled him, and there seem to be many people unhappy with his activities and that claim he is scamming others. So aside from being a rich Russian, he also had enemies, was into providing financial advice to others and was known to be aware of the crypto market because he commented on some crypto-related things earlier.
There's nothing to save one from being robbed this way, of course, but he had additional risks related to what he did and how he was earning money.

I'm read the news in the online media with local language that the victim is an investment blogger and a criminal has already been caught and revealed that the victim is a fraudulent either the victim might cheat through a type of crypto investment so it is very possible that the robber is a person who knows the victim well.
Bali is actually a safe area and with the funds owned by the victim is quite strange if he has not done KYC because when the thief wants to withdraw all the assets must first do KYC and succeed in withdrawing the cryptos here is the link with indonesia language

This could happen to anyone who are holding Bitcoin if they are bragging about it on social medias, that's why staying lowkey is a must. I couldn't see any advantages at all like those who are being featured in television or vlogs who are a multimillionaire in cryptocurrency. The world is getting more scary as the days goes by, we don't even know who to trust. So always make sure that you're not telling anyone about your big hodling of Bitcoin, it could backfire to you anytime.

Your views captivated me and I accept them. It is better to live a very low-key life. People don't need to know that you are rich because the heart of men is desperately wicked. We should also consider the claim of the attackers that the Russian dumped somebody and he is also a fraudster. It might also be that these criminals just wanted to shift attention from their crime. They should be charged and jailed if found guilty.

Bit I don't think i would stop bitcoin awareness in my locality. I introduce people to bitcoin but I don't tell them how much Bitcoin I own or inform them that I am rich. But people must know about bitcoin and bitcointalk through me. It is one of the ways that p2p can be promoted
.

Are you sure?

When you're get older and you're allocating most of your money into Bitcoin, do you really want to let your Bitcoin away without giving it to your kids? I will choose to give my Bitcoin to my kids because there's no point for me to keep accumulating Bitcoin, but I didn't use it all and just abandon it.

But, we're a different person, so we have a different purpose to hold Bitcoin when we're already old.

Indeed I also feel sorry. and the one who was robbed turned out to be a trader or indeed he was someone well known to many people. so someone must be after him and his girlfriend. because his girlfriend's crypto was also stolen in the incident, and ironically it turned out that the perpetrators of the robbery were fellow foreigners. and after an investigation was carried out by the local police via CCTV and so on, it turned out that the 3 perpetrators were fellow foreigners. and 1 other person is a local Indonesian citizen. and actually the victim was just slapped. not to be beaten. and I think not many Indonesian citizens know the victim. So most likely the perpetrator is someone who knows the victim. because the victim is indeed someone who is quite active in the internet world, especially in terms of crypto.

and it's true that this is where the danger lies in telling everyone that we are a crypto trader or something. or even if we often show off our crypto assets on social media then it's tantamount to inviting criminals to our homes.

after I read this news. it turns out that last year there was also news of crimes involving foreigners. that is, the foreigner suffered a defeat in trading crypto while in Bali. and then he stole a motorbike out of necessity. he fell into debt as a result of his crypto trading activities and suffered losses. somehow I feel sorry for this one offender.
but I also learned the lesson that we cannot completely depend on crypto trading to make ends meet. investment in crypto should only be made with cold and unused money or leftover money.
and I also just found out that there are still many similar cases involving crypto and theft in Bali committed by foreigners vacationing there.

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Reference:
- https://news.okezone.com/amp/2022/06/30/244/2620925/kalah-main-kripto-jadi-motif-bule-rusia-curi-motor-di-bali?
- https://www.cnbcindonesia.com/tech/20230301120225-37-417919/miliarder-bitcoin-rusia-dirampok-di-bali-rp-43-miliar-raib

Am really sorry for the victim, that's why it's not good to trust anybody even your parents, in my place they said your best friend is your worst enemy.
My advice to all successful Bitcoin investors is never show anyone your asset no matter what, because you don't know the mindset of the person you are showing your assets to,