Topic: The influence of hackers on the movement of price is crypto-currency. (Read 232 times)
August 13, 2018, 07:55:57 PM
Hackers do not really affect crypto prices because after all they will look for a lot of profits, it is impossible for them to sell everything below market prices. Most likely if prices skyrocket hackers will sell everything and prices will drop dramatically.
August 13, 2018, 07:54:03 PM
Hackers influence is highly detrimental as it contributr to thr elongation of the bearish season,when hackers hak they tend to dump the token source into the exchange thefeby reducingbthe value of the token hack. I believe overtime this will be reolve
August 13, 2018, 04:29:29 PM
It is a fiction because hackers do not manipulate and affect on market prices. I know that it happens sometimes that hackers may hack software which serves an exchange but ususally hackers hack and steal digital money which peoples keep in a digital form. Hackers steal not so big amount of money so they cannot affect significantly on a particular market price as well as they do not want to be revealed so they do not do actions which may be suspicious so they usually do not have an intention to affect on prices significantly not to attract additional attention to themselves.
August 10, 2018, 11:33:53 PM
I think hackers only increases fear from the people who have only little knowledge about bitcoin. I think their effect is more like with fud. The more hackingincidents there are, the lesser volume we will.have in trading cryptocurrencies. The more people withdraw their money out of fear and stop trading. These lack of movement would only result to leser deman for crypto and thus lesser price.
August 10, 2018, 08:32:40 PM
Overall I feel like the hackers are a low mover of prices and the markets. Much more devastating or positive to the prices is the media. This ETF situation is in full out craziness right now. The hackers are there and you need to be careful but with tight security you can limit the risks.
August 10, 2018, 07:47:31 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
No hackers don't affect price by selling as they would be selling them gradually in smaller volume and not as a whole. 
August 10, 2018, 06:47:16 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
Definitely. Any negative news like a trading exchange being hacked brings some dent on the price. It creates chaos and panic and people become nervous and immediately push the sell button. I have never seen a hacking news that didn't affect the price movement, but then again the effect is short-lived specially after the dust has settled and post-mortem reports is published.
I am not really sure how does a security of trading platform works but I am pretty sure that most of them are tighten their security against hackers. If there are trading bots created, there might some bots created to track questionable trades and withdrawals. Once detected, that account will be in quarantine or will be in further investigation. Hackers will get hard time to manipulate the price of an altcoin.
Even if the security is being tighten, hackers is one step of the game. Mind you they are very intelligent but its just sad that they used their talent to steal money. I think what you described is the Binance hacked, yes, they immediately halt withdrawals causing the hackers lose money and didn't steal something. But a lot of hacks has been successful in the past.
August 10, 2018, 06:13:39 AM
I really believe that they do not manipulate prices more expensive. and for me this should not benefit for them to lose it a whole hour to tear it in, and then to sell it all out. In my opinion, they neglected all the breakers, announcers, and bitcoins in all the baskets, and then it would be like a shopper like everyone else's sell in a market.
August 07, 2018, 10:07:49 PM
If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again so I will say the hackers impact only temporary and not too affecting the market
Hackers and media criminals target ignorant people. Greedy people are often trapped. Remember the news that needs to be selected to minimize risk. And we need to take measures to protect our assets and limit the potential for fraud.Yes, we have seen many people on this forum saying that their accounts are hacked and transferred their coins to other addresses. That means hackers not only target big exchanges but they can hack any small amount as well. So we need to be careful about our online activity and protect all our personal data. Don't provide your personal data for any untrusted sites, don't click any suspicious links or don't download things from online which you don't know who has uploaded it and protect your PC with good antivirus software.
August 07, 2018, 09:54:26 PM
If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again so I will say the hackers impact only temporary and not too affecting the market
Hackers and media criminals target ignorant people. Greedy people are often trapped. Remember the news that needs to be selected to minimize risk. And we need to take measures to protect our assets and limit the potential for fraud. August 07, 2018, 09:24:25 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
If the sales made by these hackers in large quantities are clear and will certainly affect crypto price movements in the market. Because these activities will affect both selling and buying demand. In addition, news of the hacking will reduce investor confidence so they withdraw their investment funds to crypto and thus investors indirectly follow in the footsteps of hackers to sell the crypto.
August 07, 2018, 08:54:25 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
Yes of course, specially if they really successfully stole a huge amount of Bitcoin and sell it right away in which it will make the Bitcoin price and the Altcoins market to be affected to fall down for sure due to selling. Like what happen last months Bitcoin crashes that i don't believed that this was due to big whales manipulation or the real demand is still low but this was due to stolen Bitcoin and Altcoins from Bancor and Korea exchanges that just been sold.
August 07, 2018, 08:40:58 PM
If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again so I will say the hackers impact only temporary and not too affecting the market
August 07, 2018, 07:21:12 PM
Hackers was in anywhere and everywhere so i think this is one of the reason why the value in market was false becausw of in last few months those hackers got a huge amount of bitcoin so we hope that those hacker was eliminate because they are so greedy in money they use ilegal way to earn they don't want to earn fair.
August 07, 2018, 06:42:49 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
When they hack your account, that has nothing to do with price.the only time I think it can affect the price of cryptocurrency is when they withdraw it. But wait… there is a difference between selling and withdrawing. There will be much impact to the price of cryptocurrency when you withdraw, unlike selling it. So if they withdraw it will also affair the price and make it to go down. Uh-huhm…I think the bad activities of that are being done hackers affects bitcoin.
The influence of Hackers on the movement of price in crypto currency market is just a small percent, But it creates additional fear factors or Risk factors on investors, although the main consideration that affects the market movement is the Volume of investment made by the investors on crypto currency market. some other indicators that affects the market movement is the ups and down of crypto are the issues confronting Bitcoin like the issues on Banned, and Regulation by the government financial institution whom critical about crypto currency digital transaction.
August 07, 2018, 05:46:21 PM
It depends on the fame of the platform and the number of stolen bitcoins.
In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.
The first thing it confuses the market, by the bad news. It will directly affect the market with ignorant people. There are also touts of property frauds or criminals infiltrating the system. Put all your money in your pocket. Sadly for them, there will be worthy results. In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.
July 10, 2018, 06:19:33 AM
I believe that they do not manipulate the price significantly. In my opinion it is unprofitable for them to lose a bunch of time to break the baskets, and then for nothing to sell all of it. Here, most likely, they simply roll over all the tows, broadcasters, bitcoins to another baskets, and then they are already selling.
For them, everything is basket. They can get into anything that is available on internet. Right now, as maximum of survives are being granted through internet, you can’t just hide yourself form them. So better is to make strong system and then try out best practices that can save you from any sort of attack. Things are very fine and fair but need to focus on things to make them better. July 05, 2018, 07:37:04 AM
I am not really sure how does a security of trading platform works but I am pretty sure that most of them are tighten their security against hackers. If there are trading bots created, there might some bots created to track questionable trades and withdrawals. Once detected, that account will be in quarantine or will be in further investigation. Hackers will get hard time to manipulate the price of an altcoin.
July 05, 2018, 07:27:24 AM
It depends on the fame of the platform and the number of stolen bitcoins.
In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.
In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.
July 05, 2018, 06:35:20 AM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
I very rarely hear that hackers are breaking into personal wallets. All these cases occurred through the fault of the owners of wallets. Hacking is a very long process that can last more than one year and a large group of hackers is working on it. They're not gonna break into a wallet to get a couple hundred bucks. Their interest in the exchange so I never keep coins there for a long time. Jump to: