Hackers are criminals, they will target those with huge money, 336 Bitcoin is huge, all criminals have the feeling that they may be caught by the authorities just like other criminals in real-world but they still keep on doing it because they are so greedy on money, they put their lives at risk by stealing money, they also have many ways to make their action clean just like the other says.
Well said this is a huge amount of BTC we're talking about 336b once a hacker always a hacker. Everything is well planned and their mission is on how they can take out the money that they steal. I bet these people are experts of this doing so the obvious reason because they can have it without complication 
Topic: Why do hackers steal huge amounts of bitcoins? - page 4. (Read 1189 times)
Many hacker always use bitcoin and altcoin as their payment way because with cryptocurrency looks difficult to know who is the address owner, they can make many transaction kind without worry how the policemen know they are, thousand hacker cases always use bitcoin as their payment and give bad reputation label for bitcoin and altcoin at the future.
Hackers do not exacerbate the reputation of bitcoin in any way, they just keep using it because bitcoin fully fits their expectations regarding what money should trully be. If bitcoin weren't money that has hardness, liquidity, decentralized nature, it wouldn't be demanded by hackers, bitcoin wouldn't be demanded by honest people not involved in criminal activities either. Bad reputation of bitcoin is a myth, which has been promoted for years by media, governments and other parties interested in bitcoin's demise. After recent Twitter hack had happened, everyone was publishing articles with the "Bitcoin scam" in titles trying to convince people that Bitcoin is a fraudulent tool to fool users of Twitter. As we have learned, it was not bad advertisement for bitcoin, now its price goes up quickly. 
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
The network can be faked and you can change locations, some block explorer only includes ip when transactions. There are many ways you can do to avoid detection, it could be by dividing into several addresses. If you know someone deepweb you can trade with them. This will not be difficult if you understand network security techniques. The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
maybe this is the point where most people hate banks (without much sense in my opinion) if they are convinced that the cryptocurrency system is also very broken in this part, hackers know that stealing cryptocurrencies is something much more advantageous than stealing fiat in the bank where you have security cameras and always have a witness and even if it takes many years, eventually the thief will be found, while in the case of stealing any exchange there is little and no chance of being found. That is why I believe that anyone who has money on exchanges (just like me) should not sleep soundly ... this is the great disadvantage of the decentralized world of cryptocurrencies.
But of course with KYC on all exchanges it might be possible to have a more secure system capable of finding hackers, but there are mixers that, although the intent of the mixers' creators are good (I think) help the hackers in some way and escape with stolen bitcoins
This happened because they are using centralized exchanges, it's not the disadvantage of "the decentralized world of cryptocurrencies". There's a lot of ways to secure your coins while still avoiding using this kind of services. Use decentralized exchanges, local exchanges, or exchanges with another person. Don't trust centralized exchanges as it is susceptible to hacking and you don't really own your cryptocurrency that way.
Stealing the cryptocurrency itself is next to impossible.
Hackers are criminals, they will target those with huge money, 336 Bitcoin is huge, all criminals have the feeling that they may be caught by the authorities just like other criminals in real-world but they still keep on doing it because they are so greedy on money, they put their lives at risk by stealing money, they also have many ways to make their action clean just like the other says.
There are ways to bypass this types of security even though Bitcoin is pseudonymous by using fake informations and mixers. For instance you could withdraw all the money through converting it to a fiat currency then passing it into a dummy account in the bank so there are no traces.
Using mixers then send it to dummy accounts that allowed them
to withdraw the money.
Hackers are hackers, they've always find ways to make things to
happened according to the plan.
They can find ways to bypass and withdraw the funds in my opinion. Hackers will find other solutions on how they can break the security. Remember, they are stealing huge amount of bitcoin. This is they are aiming to have bitcoins in an instant ways.
They are breaking securities and for sure they are well prepared
in order to complete their intentions.
Easy money once they've completely process everything, hackers
are smart and coexist with everyone.
They've planned ahead to compensate from this illegal activities.
There are ways to bypass this types of security even though Bitcoin is pseudonymous by using fake informations and mixers. For instance you could withdraw all the money through converting it to a fiat currency then passing it into a dummy account in the bank so there are no traces.
They can find ways to bypass and withdraw the funds in my opinion. Hackers will find other solutions on how they can break the security. Remember, they are stealing huge amount of bitcoin. This is they are aiming to have bitcoins in an instant ways. and there are many cases of bitcoin hacked in various ways with different cases and will continue to exist, must remain vigilant about how to keep bitcoin well and safe from hackers in any way.
calling it profitable will only depend on how you earn it . if your job is hacking and targeting big corporations and people , you can say it is verry profitable but other than that will cause you struggle .
they can continue to exist because if they caught , their bosses can pay the police to withdraw them in jail and do their illegal hacks again and also they arent only compose of one group but there are many hackers around the world .
There are ways to bypass this types of security even though Bitcoin is pseudonymous by using fake informations and mixers. For instance you could withdraw all the money through converting it to a fiat currency then passing it into a dummy account in the bank so there are no traces.
They can find ways to bypass and withdraw the funds in my opinion. Hackers will find other solutions on how they can break the security. Remember, they are stealing huge amount of bitcoin. This is they are aiming to have bitcoins in an instant ways. 
There are ways to bypass this types of security even though Bitcoin is pseudonymous by using fake informations and mixers. For instance you could withdraw all the money through converting it to a fiat currency then passing it into a dummy account in the bank so there are no traces.
We can't also blame mixers about this because, in the first place, they are not asking anyone where is their money coming from before they allow it unless it becomes suspicious. Though they leave such footprints but this will be not enough to hunt them down, are still anonymous at all. These hacking issues wouldn't have an end, they are targetting those huge exchanges and sadly it comes to a point that they become successful. To think that these scammers are really smart because no matter how exchanges put strong keys they can actually crack on it because it is supposedly not.
Im unsure of the reason but I do know they don't care about footprints so much. They probably feel invincible. I can't see why they wouldn't be able to get away with taking it just like any other crook. If you rob a bank you have the same problem. You need to find a place to put the money. So like many have said they will use a mixer. If I were a hacker I would deposit the bitcoins all over the place and invest in projects and be paid in another coin the sell that for fresh bitcoin. Rinse repeat until its all done. I guess hackers could invest in ICO projects since there so many after hte mix their coins. I can't imagine how they will be traced then.
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
It was a shady exchange and i doubt whether there was any real hackers behind the scene and the team behind that might have moved the coins and have went through mixers and expect that they can blame on a hack and never return the customers anything and with the halving and the rally expectation i expected many hacks like these. 
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
Well you could make your own set of 3 different mixing companies. Knowing you did a big hack.
Wait six months
mix to first company
mix to second company
mix to third company
then sell
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
Hacking exchanges and accounts are not easy. Even they have knowledge in computer software or intercepting accounts, it may take time for them to steal some privacy such as email and passwords. In fact, even making phishing site is really difficult to do. That is why hacking is a one time big time event. Imagine, they took a month before they discovered the internal security of an exchange and they only want a one dollar of the customer. It is really useless and waste of time. The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
Why not? If they're fast enough they can cash out before anyone can get on their tracks and leave unscathed. It's a risk some people consider very worth taking.
It all depends on who is executing the hack and how confortable he feels with the following steps of the hack
~
Even if they do use it in its form as BTC, they'd still be traceable you know? And afaik, exchanges blacklist said marked wallets so that they aren't able to use their services. As for e-commerce stores that accept BTC, they also probably have some sort of setup for that, and even if they don't, there'd be more of it in the future. I believe they are not.
Imagine if a hacker hacks 300+ Bitcoins hacker mixes 1 Bitcoins from 5-6 mixing sites how can you trace it back or if they simply do deposit/withdraw on several sites what then? There are many possibilities for them to leave no tracks man! And tell me some story where they have captured some bitcoin hacker?
TEX-LXRY
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.
why not? hacker or any criminal won't say why I shouldn't do a wrong thing.
and for footprints and anything related they always find a way to get rid of such stuff, don't forget that such big number makes it easier to pay parts of it to more criminals helping him cleaning it.
Have you ever heard of the people who want to see the world burn? Those are the kind of people you meet at school, where they destroy things just so others can't have it.
If a hacker can exploit a bug or something and get your money, he will do it even if it means the coins get burned or blocked and nobody will have them. They steal because they're opportunists and consequences don't matter. There's always a chance they'll get to spend them one day.
If a hacker can exploit a bug or something and get your money, he will do it even if it means the coins get burned or blocked and nobody will have them. They steal because they're opportunists and consequences don't matter. There's always a chance they'll get to spend them one day.
Right now the easiest way to send large amounts of money and as quickly as possible is sending bitcoin/cryptocurrency. In a way, the fact that hackers now request bitcoin is an advertising example of why it's great as a transacting money system.
Like a conventional thief or robber, you will try to get as much as you can carry but in the case of bitcoin, you can take all of it because you do not have to worry about the weight, they can be stored in a HD wallet that is the size of a calculator or phone, regarding their footprint, there are a lot of bitcoin tumblers/mixers that are available, if they are prepared, they might even have their own illegal tumbler where they can process it there, in my opinion a good countermeasure for these is not trying to chase the stolen bitcoin, but rather than that they could atleast flag the stolen coin so that they have a very small options where they can use it and most people do not want to deal with stolen things because they can get implicated.
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