Yeah I forgot to say this is a massive flaw with twitter instead of bitcoin itself...
I've not seen if they've said anything yet but I'm really surprised by something like this to actually take place. As I said above there were reports coinbase had managed to reclaim their account (but this may be something other than the credentials).
At the bare minimum, hackers got access to some sort of database editing external to twitter (probably due to some staff working from home)? and then registered a site as the site has been registered very recently.
Topic: Will the twitter scam crash the price - page 5. (Read 739 times)
I believe this is one of the reasons Satoshi chose to remain anonymous. If he/she/they were to have a social account and that account was hacked or became dormant for a while this could lead to panic and hugely influence the price and the future of Bitcoin.
This is a really clever scam and due to the trust most would have associated with those verified accounts, it will make it easier for them to become victims, I however don't think it would crash the price, if anything, it's a flaw from Twitter and not the Bitcoin network.
If the accounts were fully compromised, the hackers may have been able to access private information that had been shared through private messages or drafts. Another reason not to share sensitive information online (such as private keys or passwords).
This is a really clever scam and due to the trust most would have associated with those verified accounts, it will make it easier for them to become victims, I however don't think it would crash the price, if anything, it's a flaw from Twitter and not the Bitcoin network.
If the accounts were fully compromised, the hackers may have been able to access private information that had been shared through private messages or drafts. Another reason not to share sensitive information online (such as private keys or passwords).
they got Joe Biden and Mike Bloomberg. This is huge news. Warren Buffet too
i think it pushes the price upward in the long run. Maybe some panic selling real quick first. Remember when Silk Road got busted, the price paniced and the moon'd hard. All that media attention causes to people to say "whats bitcoin" and they start looking it up and decide to buy some. Any attention is good attention
Also we are in huge a finanical speculation bubble for stocks right now. Those robinhooders can buy bitcoin on the app and they will.
i think it pushes the price upward in the long run. Maybe some panic selling real quick first. Remember when Silk Road got busted, the price paniced and the moon'd hard. All that media attention causes to people to say "whats bitcoin" and they start looking it up and decide to buy some. Any attention is good attention
Also we are in huge a finanical speculation bubble for stocks right now. Those robinhooders can buy bitcoin on the app and they will.
Supposedly bill Gates and Elon musks account has been hacked. Along with many other people's accounts (such as binance and coinbase but coinbase may have regained control).
Hopefully the amounts sent remain low and this is just like a normal thing (like the twitter lives) but if a lot of people have sent all they have or this ends up in mainstream media (everywhere) then we could be in for a big crash...
I'm hodling still though. I wouldn't suggest selling but I'm just curious on people's opinions to this.
Hopefully the amounts sent remain low and this is just like a normal thing (like the twitter lives) but if a lot of people have sent all they have or this ends up in mainstream media (everywhere) then we could be in for a big crash...
I'm hodling still though. I wouldn't suggest selling but I'm just curious on people's opinions to this.
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