Security - page 5. | Bitcointalksearch.org

Ekanenf

full member

Activity: 290

Merit: 100

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

What do you mean by "traced" trace his wallet address transaction or trace where he is and to know his real identity? you could always trace someone's wallet address transaction in the blockchain, but if what you are going to do is to trace his location then it might be a difficult thing to do, that is not going to work just like that, you are going to need more plans and steps to locate that scammer.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

If you don't take precautionary measures about your accounts then you will become a victim of this scammers and sometimes also hackers.stop communicating to those you don't know,stop entering links that has nothing to do with your concerns from tht you can lessen the opportunities of becoming a victom of this damn people

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

This is actually true. Wallet Address doesn't have any name of it. So we really don't have a way to trace the fraudster.

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

The only way to link them is through blockchain. There's chainanalysis, but it has a limit as well. If this fraudster uses what we can mixing services, then its really hard for the authorities to track them down. I do hope that this is another lesson we need to learn and very expensive one. Just don't trust anyone, specially ICO because its very prevalent and 90% are all scams.

Dirk2017

member

Activity: 336

Merit: 10

“Crypto Depository Receipts”

Quote from: Arafat01775 on July 12, 2018, 07:57:11 AM

That is really so sad. You have to be always be careful about scammer. There are many scammer around us. So always be careful and avoid them.

Well we must be aware of those scammers to avoid scam, they have different kinds of techniques just to get what they want, phishing etc. Just be carefull clicking some link that been sent from strangers, be cautios and most of all be wise.

mmo_online_1981

sr. member

Activity: 798

Merit: 250

Security is extremely important for both bitcoin and altcoin!
Take the private key, you will lose everything!
Be careful when using personal info and wallet.dat file!

sehoon

full member

Activity: 840

Merit: 101

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

I think it is impossible for you to do that. Better use some security related applications or ledger in order to decrease the chances of getting hacked. Because it is true that there is no way that you can really trace hackers here so all you have to do is stay cautious and be careful of links. Fake ICOs are also popular in cryptocurrency world.

louie69

member

Activity: 322

Merit: 12

I believe that the btc wallet owner must ensure that his wallet address should be on a safe zone. As we all know, there are many hackers around the world and all they will target are those having loopholes and therefore each and every should have to ensure proper safety measure on your btc wallet.

Kenthunan_rondo

newbie

Activity: 52

Merit: 0

When there is fraud, it is already a risk, all work must have a risk, depending on our own choosing a good Ico.

Wajan

newbie

Activity: 117

Merit: 0

security in bitcoin must be very safe, if it is not safe our coins can be collapsed by the coin thieves, use double security so that our coins can be safe, and our coin thieves can steal our coins that have been stored in the wallet.

Daboy_Lyle

full member

Activity: 532

Merit: 148

Quote from: littlePig on July 04, 2018, 06:04:48 AM

Bitcoin is a semi-anonymous currency, Bitcoin address owners are not explicitly defined but transactions are public.

I think your not referring the bitcoin wallet address but you are referring the Private Key. Bitcoin wallet is really secured if you are holding your private key. Sometimes their are people who are scary to hold their private key because they're afraid to loss it. Securit is important to us especially to those who are hodling big amounts of bitcoin. I will likely to recommend 2FA Authy or Google Authenticator if we are holding mobile wallets.

dominional

jr. member

Activity: 196

Merit: 1

the security in bitcoin is to have proper understanding about what u are about to enter into because that is what will keep you secure and give you a guideline of what and where you are going in the project.

BestBoardroom36

newbie

Activity: 67

Merit: 0

Well its a nature of reality. If you believe in something without checking you will face a disappointment. I suggest to the newcomers first you should go through the regulation. Learn first then make money.

MightyTulip32

newbie

Activity: 49

Merit: 0

This the worst thing of decentralization world. In this world you need to open your eyes or you will surely go through this worst thing.

SmartMetro54

newbie

Activity: 53

Merit: 0

Now a days there are lots of spammers who are are appearing as the ICO project admin. People should check their projects before investing .

InfiniteBlock560

newbie

Activity: 56

Merit: 0

Sorry to say that it is the owner's fault. Owner should have been go through the warnings. Trusting the ico's are not a wise decision.

pehatas

newbie

Activity: 145

Merit: 0

You propose to link data on the owner of the crypto currency to the wallet, and this completely contradicts the principle of the crypto-currency industry. The main advantage of crypto currency is its anonymity. Just be more careful and no one will steal your bitcoins.

sifonE

jr. member

Activity: 126

Merit: 1

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

in most cases we have to be care with this project of a thing. that was how my friend too was also scammed and made away with his bitcoin. in summary we have to work with multiple hand to know if actually the person is the right person for that projects.

budarkcyber

newbie

Activity: 33

Merit: 0

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

It is already a risk if you invest in the world of cryptocurrency, so better check a project carefully before you follow the project

akosiMalakas

jr. member

Activity: 560

Merit: 4

Quote from: Xester on July 04, 2018, 06:37:07 AM

Quote from: Crystal24 on July 01, 2018, 02:57:55 PM

Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.

It is possible to trace that person but you will need a lot of money and resources to use so you can catch the theft. Even big exchanges who spent millions of dollars have a hard time catching the culprit but there is no guarantee that the bitcoins will be returned. So I guess let us just be vigilant and ready make some research and background check before investing on any ICO.

It is very difficult to trace the owner of this address. And the only thing we can do is be careful so that it will not be repeated again. We must learn from the mistakes so that we again foolishly.

RudeeTam

member

Activity: 299

Merit: 11

It can be done but highly unlikely to be implemented. One of the characteristics of crypto is it's anonymity. You also benefit from this but at the same time, as with your example, it can be your undoing. I believe if the majority is to prevail it would be to retain this as it benefits most people. Too bad most of them are scammers.

Topic: Security - page 5. (Read 1778 times)