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Bitcoin => Bitcoin Discussion => Topic started by: Jcabudx on March 12, 2018, 06:07:24 AM



Title: Is this real?
Post by: Jcabudx on March 12, 2018, 06:07:24 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)


Title: Re: Is this real?
Post by: Pursuer on March 12, 2018, 06:25:13 AM
yeah, well this is just another attack on bitcoin like thousands of other types of attacks against bitcoin. it may not seem like it but there is a war going on. there are in fact people who are scared of bitcoin because it is threatening their corrupt way of controlling money and they are seeing their future and they don't like it.
so what do they do? they try to delay the inevitable as much as they can.

but unfortunately for them, they have already lost the fight and the more they fight it the farther behind they will fall. other countries have already moved ahead with adopting bitcoin and are growing bigger by the minute, countries such as Japan, Germany, Canada, Switzerland,...

I say let forbes and the quoted person in their articles put their head in the sand while others move ahead and leave them in the dust ;)


Title: Re: Is this real?
Post by: Nerman on March 12, 2018, 06:30:09 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

As I read the article it seems that he is concerned on criminals and terrorist using crypto currency mining to fund their disgusting activities. Well that maybe true but that is a bias way of reporting it because there are also legit miners all around the world. Also Before Crypto currency there are already terrorist that are using FIAT does it mean we need to stop using FIAT as well.



Title: Re: Is this real?
Post by: trecore4 on March 12, 2018, 06:34:46 AM
DO you think that it is possible on the mass scale or global scale? I don't think that they will be able to intrude into global infrastructure and crack it down. The global infrastructure is obviously tracked with best security systems and many of them use the end point protection thus giving it extra security. I think hackers will bale to infect the systems but they wont be able sneak in and sneak out so easily. As they progress the security system will pogress too. If we know this is an issue then big corporate companies must be knowing that for sure. So im sure that its just about the time when we will have most secured global service with no hacking portals at all.


Title: Re: Is this real?
Post by: jseverson on March 12, 2018, 08:33:45 AM
You mean the attack the author is talking about? Yes it's real. It's basically cryptojacking, except he somehow blows it out of proportion. Notice how he's talking about hackers mining Monero. He's basically talking about Coinhive, that web script that mines Monero using visitors' processing power.

The problem with this is that as far as I know, the script itself isn't dangerous. It uses your processing power -- either with or without your knowledge, and doesn't really do anything other than that. It could be said that such a script existing could be the start of something far more dangerous, but there hasn't really been any indications that that's going to happen yet.

Just run a javascript blocker like NoScript and you can safely ignore his ramblings lmao.


Title: Re: Is this real?
Post by: First77 on March 12, 2018, 08:38:24 AM
Bitcoin $1 to $10,000 in 9 years is also dangerous because terrorists, drug dealers and criminals must also be mining or buying Bitcoin since it is decentralized.

50,000 % profit for Bitcoin has given $200,000,000 to North Korea and $30,000,000 to ISIS & ISIL. Bitcoin at $100 looks OK.


Title: Re: Is this real?
Post by: priselive on March 12, 2018, 08:46:52 AM
Hacker attacks can stop the same smart people, like the ones that invented them, but it will be difficult to love it! Everything in nature is relative - on any organism there is a parasite, so here with crypto-currencies, there will always be bad and good people who will try to do something! I do not know how I can protect myself from this, I constantly look for answers, but I do not have enough intelligence to


Title: Re: Is this real?
Post by: Kotone on March 12, 2018, 08:53:33 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

Yes, sadly this is real i have heard reports of how a network engineer in a firm would use the network capabilities of their corporation and their firm to be an extension to the houses or to the other offices of their clients to mine bitcoin. Even hackers putting a bug in a witing system and enabling it to parse the internet to search for a terminal in ehich it can quietly and sneak mining of the crytpocyrrencies for them to have it on their pockets. This is real and also one of the reasons it is banned from other countries


Title: Re: Is this real?
Post by: eternalgloom on March 12, 2018, 09:14:25 AM
Is this guy being serious? He's against the notion that Bitcoin and other altcoins are using a public blockchain.
Again, we see the same arguments being made, criminals mine Bitcoin, so we should force every miner to register with some central authority. (the gist of it)


Quote
The problem with permissionless, public blockchains is that anybody can sign up as a miner – which means that there’s nothing stopping criminals from doing so.

Not all mining enterprises are criminal, of course. There are plenty of people building mining businesses that are perfectly on the level. But that being said, there are many different criminal pursuits that can leverage mining.

Tax evasion. Money laundering. Funding terrorism or other illegal activity not directly related to cryptocurrency. But the most nefarious of all criminal motivations: illicit cryptomining.

Proposes to implement a KYC equivalent but then for miners:

Quote
To combat money laundering, regulatory agencies around the globe require companies to ‘know your customer’ (KYC). In theory, if all participants in a transaction have sufficient details about the parties they’re doing business with, then it will be far more difficult for criminals to launder their ill-gotten gains.

Because anyone can become a cryptocurrency miner, it would only be logical for the same regulatory bodies to institute a ‘know your miner’ policy.

After all, if you want to conduct any kind of transaction with Bitcoin or any altcoin, you’d like to know that the miner processing your transaction isn’t a criminal enterprise who might use its share of the transaction fee to support terrorists or child pornographers, right?

I don't even know where to start with all of this. This just seems like an amazingly bad idea, basically fuck everybody over just because there's a minority of criminals making money through Bitcoin mining?


Title: Re: Is this real?
Post by: maichimoto on March 12, 2018, 09:21:59 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

it's ridiculous to claim there is no other way than calling all crypto currencies illegal for this matter. You sound like an intelligent person, usually this kind of fud comes from half wits


Title: Re: Is this real?
Post by: eyebags1994 on March 12, 2018, 09:28:56 AM
Yes it is! Bitcoin is so real. Because it its not do you think it go far as what it become now. And the people who are engaging into it . do you think they would become as wealthy as they are now if bitcoin is not real. Let's just think of it. And see what will happen in the coming years in bitcoin.


Title: Re: Is this real?
Post by: boboking on March 12, 2018, 09:30:12 AM
Another guy who creates fud. If you read the article i do not see any reason to shut down crypto currency. Probaly he just want people to click the link because of the title, the content of the article is not enough to abandon crypto currency.



Title: Re: Is this real?
Post by: franky1 on March 12, 2018, 09:31:13 AM
bitcoin doesnt need laws to scare off illicit 'cryptomining'.... ASICS done that for us.
also criminals ignore laws

but anyway lets explain asics solving the issue:
its not rational or profitable to CPU/GPU mine any more, so hackers simply do not bother making apps to illicitly cryptomine bitcoin.
all that needs to be done is for the altcoins to not resist ASICS but to develop mining tools that dont require PC software to mine, then its not a problem

in short if mining is not a PC operation but a separate device operation. then hackers wont target pc's

the other part is that many people download scammy programs promising a bitcoin hack that  can make them $$$$ for free. the idiots that believe such fake programs kinda deserve the slap in the face by becoming a victim of their own greed



Title: Re: Is this real?
Post by: teilwalL05 on March 12, 2018, 10:23:09 AM
Can we do something about it? If a hacker attack it is unavoidable you can not do something about it when your security have been breach, And you have said this is just benign that means it is mild and only harmless well all of your Crypto and money will be gone and it is just a mild problem? But well we can not do something about it because all people have the right to be unknown in the Crypto Community.


Title: Re: Is this real?
Post by: coinbitrade1994 on March 12, 2018, 10:28:49 AM
With the development of crypto currency, crypto attacks are developing. We can not avoid these processes. It remains only to increase and think up a new protection for crypto currencies


Title: Re: Is this real?
Post by: Arwinkim on March 12, 2018, 10:31:43 AM
Attacks against bitcoin and other cryptocurrencies is inevitable. Bitcoin should be under control by authorized regulation to monitor all transaction. This is very dangerous if criminal seizes the system. However, it is impossible considering it is decentralized unless we are in the same boat.


Title: Re: Is this real?
Post by: belyaevi on March 12, 2018, 10:39:20 AM
Bitcoin $1 to $10,000 in 9 years is also dangerous because terrorists, drug dealers and criminals must also be mining or buying Bitcoin since it is decentralized.

50,000 % profit for Bitcoin has given $200,000,000 to North Korea and $30,000,000 to ISIS & ISIL. Bitcoin at $100 looks OK.

Nice point there, bitcoin was able to survive and grow even after so many accusations. This is because these are just foolish accusations. If a terrorist organisation is suing bank services, should we shut down all banks ? If criminals start using PayPal for transferring money (which is done as many illegal things are sold in dark web through PayPal) ., should we close this awesome company. There is no fault of bitcoins in any person or a particular group of person is using it for illegal activities. We should catch those people.


Title: Re: Is this real?
Post by: Ondongeric18 on March 12, 2018, 10:43:19 AM
Well if this is true, it will end cryptocurrency. But i think it was just a suggestion of an individual who thinks there are no solutions but to end cryptocurrency. There are other means than ending it. How about putting KYC's or displaying account of persons transacting. How about making the adressess and its owner public  upon request of the hacked individuals? This will lessen hacking because they will be viewed by many.


Title: Re: Is this real?
Post by: First77 on March 12, 2018, 11:01:23 AM
Nice point there, bitcoin was able to survive and grow even after so many accusations. This is because these are just foolish accusations. If a terrorist organisation is suing bank services, should we shut down all banks ? If criminals start using PayPal for transferring money (which is done as many illegal things are sold in dark web through PayPal) ., should we close this awesome company. There is no fault of bitcoins in any person or a particular group of person is using it for illegal activities. We should catch those people.

If terrorists buy $25,000 bitcoins and price goes up from $1,000 to $10,000, now terrorists have $2,500,000 because of greedy gamblers and rich scammers.

If the price falls 10 times, terrorists will have $2500


Title: Re: Is this real?
Post by: Carlton Banks on March 12, 2018, 11:16:24 AM
Central banks print money that's then given to terrorist groups (e.g. Syrian rebel groups), or to the destructive purposes of hedge funds and banks on the financial markets (e.g. the entire century of financial market crimes we're in right now), or to genocidal rulers killing 100's of millions of innocent people for "peace" (Lindon Johnson, Richard Nixon, G.W. Bush, Barack Obama, Tony Blair, Margaret Thatcher etc)


So, on moral grounds, Jason Bloomberg wants central banks shut down too? And considering how extraordinary their collusion in mass murder, central banks should be shut down first, right Jason?


Title: Re: Is this real?
Post by: bryson on March 12, 2018, 11:21:52 AM
This is a classic example on how a few ruin it for everyone. Just because there are a few Muslims that are terrorists , doesn't mean every Muslim is or something similar. You are generalising too much about this small threat. There amount of people doing this is just a drop in the ocean and honestly aren't too much of a threat. There's no reason to ban bitcoin, there is however a reason to stay cautious of links and the like.


Title: Re: Is this real?
Post by: thelemot on March 12, 2018, 11:27:57 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

because bitcoin prices are too high nowadays it makes hackers trying to get bitcoin in any way. and I think if the bitcoin price as it used to be in 2009 around 1-2 $ they will not be interested to hack the bitcoin. because the price is very tempting they will keep trying no matter how to get bitcoin. so special handling is needed to provide security about this blockchain technology. so as not to be easily hacked. I think that's the duty of the bitcoin advocates. and exchange to provide super security.


Title: Re: Is this real?
Post by: ChrisTaylor on March 12, 2018, 11:30:21 AM
Some months ago, a report pop up saying that some stabucks where using its clients pc's to mine coins. So ye i guess this will be an comum event, where is money to be made they are always some "wise" guys trying.


Title: Re: Is this real?
Post by: R21 on March 12, 2018, 11:40:44 AM
I think it's totally false and impolitic charge against bitcoin and bitcoins security technology. unfounded allegation over bitcoin technology I think! no one bitcoin holders support this kinds of accusations.


Title: Re: Is this real?
Post by: fatirborju on March 12, 2018, 11:43:30 AM
I thought it would not be that fast krypto currency had to end because in the article you wrote you have very despair of crypto currency, you say there is no solution?We need to think positively that all that can be overcome, so before we enter the world of crypto it would be nice that we make KYC,All need effort if the fear of the presence of hackers is a good idea if it makes more stringent security ...


Title: Re: Is this real?
Post by: CryptoFanholic on March 12, 2018, 11:45:36 AM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

As I read the article it seems that he is concerned on criminals and terrorist using crypto currency mining to fund their disgusting activities. Well that maybe true but that is a bias way of reporting it because there are also legit miners all around the world. Also Before Crypto currency there are already terrorist that are using FIAT does it mean we need to stop using FIAT as well.


you just spoke my brain


Title: Re: Is this real?
Post by: HashFace on March 12, 2018, 12:04:58 PM
I don't really see Coin Hive as a big deal, and eventually browsers and virus protection will catch on and allow users to block it, if they haven't already.  But I did see that "hackers" -- probably IT department insiders, really -- are secretly installing mining software on government and corporate computers.  That is a perhaps a bigger problem, but still not a big threat to anyone, other than in the case of government computers, it is theft of tax payer funds for the extra electricity used.  Again, it will be dealt with tweaks to virus software.  And from what I've read, such software found to be installed on 1000s of government computers, and the miners made less than <$50. 


Title: Re: Is this real?
Post by: Aguilarwj on March 12, 2018, 01:21:24 PM
This is real.Based on what i see more people will help it by using money.


Title: Re: Is this real?
Post by: btcprospecter on March 12, 2018, 01:55:00 PM
Where there is a way for people to profit from others they will try. Computer infections like this will not really bother people who have no idea about cryptos and the amount they make from a single person pc may not be alot when all is chained together it can start making huge amounts.


Title: Re: Is this real?
Post by: Activitycoin on March 12, 2018, 09:31:15 PM
I think it's totally false and impolitic charge against bitcoin and bitcoins security technology. unfounded allegation over bitcoin technology I think! no one bitcoin holders support this kinds of accusations.
Yeah it is the time to stay positive and to support bitcoin because it is good for us and for all of the bitcoin investor’s not to sell bitcoin, for me bitcoin is everything and it will remain as it is for the long time I will never sell my bitcoin I want to hold it till it make me rich, bitcoin investment has high potential to increase high and to give profit, so better not to listen these kind of fake news and carry your journey with bitcoin to save the future.


Title: Re: Is this real?
Post by: Reid on March 12, 2018, 09:41:16 PM
Attack by hackers using bitcoin or attack of yours to the bitcoin technology which you didnt have.
Creating FUD like this just so you can buy at a cheaper price?
There will be no end to this types of lies just so they could buy. Sorry if you came late but you will have to live with it.

Maybe you can start working for those whales so that they will pay you spreading lies, then you can buy bitcoin yourself.


Title: Re: Is this real?
Post by: abonti on March 13, 2018, 05:22:32 AM
yeah it is the time to stay positive and to support bitcoin because it is good for us and fir all the bitcoin investor's not to sell bitcoin, for me bitcoin is everything and it will remain as it is for the long time i will never sell my bitcoin I want to hold it till it make me rich, bitcoin investment has high potential to increase high and to give profit, so better not to listen these kind of fake news and carry your journey with bitcoin to save the futur.


Title: Re: Is this real?
Post by: Herbert2020 on March 13, 2018, 05:35:03 AM
this article is simply another one of many articles that are intentionally focusing on anything negative and then tries to link them with bitcoin and cryptocurrency in general so that they can reach their main goals. what they are are not clear, my guess is that it is attacking bitcoin because they find it threatening or it is even possible that their goals are to spread as much FUD as they can during the drops so that they can buy cheaper coins in the dip!


Title: Re: Is this real?
Post by: jostorres on March 14, 2018, 06:19:39 AM
I think it's totally false and impolitic charge against bitcoin and bitcoins security technology. unfounded allegation over bitcoin technology I think! no one bitcoin holders support this kinds of accusations.
Those who cannot compete with bitcoin directly are trying to surpass it by hook or by crook and this is why they are we are seeing such nonsense about bitcoin these days. I am sure that those who understand bitcoin and market in deep are not affected by such rumors.

Bitcoin is soon going to make to 20,000 dollars and more. We just need to keep supporting it for the public support can only beat bitcoin opponents.


Title: Re: Is this real?
Post by: Derizo on March 18, 2018, 06:02:19 PM
It's much more important to deal with hackers than with cryptocurrency, because cryptocurrency develops the world, and hackers hinder it. Though, people learn things in order to prevent hackers from hacking their customers.


Title: Re: Is this real?
Post by: 4rzun4 on March 18, 2018, 06:28:14 PM
Is it real? is it real bitcoin? certainly many people are still asking about this bitcoin, is it real bitcoin? i think real bitcoin though untouched, why i say real because i feel the result of this bitcoin, for example i can have savings, money , and so on, it's because of this bitcoin.


Title: Re: Is this real?
Post by: Zendalet on March 18, 2018, 06:49:22 PM
Has anyone ever questioned the motivation of the author?

Why would he waste his time with Bitcoin if he's so disgusted with the idea?

Ever considered the possibility he's making money when the price of Bitcoin goes down, for example by shorting it?


Title: Re: Is this real?
Post by: GreatOrchid on March 18, 2018, 06:53:47 PM
So, this is the only thing that you care about? sorry for that, but terrorism could also be financed with cash, there is no need to blame cryptos for that.

And sorry for saying this, but most people did not even know about cryptos five months ago.

Bitcoin $1 to $10,000 in 9 years is also dangerous because terrorists, drug dealers and criminals must also be mining or buying Bitcoin since it is decentralized.
50,000 % profit for Bitcoin has given $200,000,000 to North Korea and $30,000,000 to ISIS & ISIL. Bitcoin at $100 looks OK.


Title: Re: Is this real?
Post by: tambok on March 18, 2018, 06:57:13 PM
Has anyone ever questioned the motivation of the author?

Why would he waste his time with Bitcoin if he's so disgusted with the idea?

Ever considered the possibility he's making money when the price of Bitcoin goes down, for example by shorting it?
Well you have a point but if you really know what you are doing then nothing is to worry about regardless of his motivation, when other concerns about the criminals, then although there is no bitcoin we cannot control nor eliminate them so bitcoin should not put in blame here.


Title: Re: Is this real?
Post by: Zendalet on March 18, 2018, 07:07:56 PM
Last week I wrote an article on influenza – how a virus is sneaking onto noses, mouths and other orifices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of influenza are profoundly frightening. Because this type of biological attack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over homes, shopping districts, hospitals, and airports around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global population. To be sure, pharmaceutical vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all civilization as we know it today illegal.


Title: Re: Is this real?
Post by: pitiflin on March 18, 2018, 07:13:52 PM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.
Make it illegal and then what? Billions and billions of dollars are invested in cryptocurrency and it won't disappear over night. There are TOR and VPN to hide people's asses. So people will continue to use it. And countries won't unanimously make it illegal. You think Donald Duck(Donald Trump) and Nuclear King(Kim Jong Un) will think the same? Do think about it. First make drugs illegal and then try doing so for cryptos.


Title: Re: Is this real?
Post by: Winsdors on March 18, 2018, 08:09:38 PM
yeah, well this is just another attack on bitcoin like thousands of other types of attacks against bitcoin. it may not seem like it but there is a war going on. there are in fact people who are scared of bitcoin because it is threatening their corrupt way of controlling money and they are seeing their future and they don't like it.
so what do they do? they try to delay the inevitable as much as they can.

but unfortunately for them, they have already lost the fight and the more they fight it the farther behind they will fall. other countries have already moved ahead with adopting bitcoin and are growing bigger by the minute, countries such as Japan, Germany, Canada, Switzerland,...

I say let forbes and the quoted person in their articles put their head in the sand while others move ahead and leave them in the dust ;)

Haha nicely said. When I hear Forbes, Bloomberg, and others names high society I want to throw up. We are fighting some battles still, but we won the war.


Title: Re: Is this real?
Post by: TN0904950 on March 18, 2018, 08:19:34 PM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)


obviously already many people feel the benefits of bitcoin. why you still doubt it. really silly ha ha. . .


Title: Re: Is this real?
Post by: kripkiki12 on March 20, 2018, 09:01:19 PM
Yes it is! Bitcoin is so real.


Title: Re: Is this real?
Post by: Alex789 on March 21, 2018, 05:53:24 PM
I think it's fake and not really happening to bitcoin technology and bitcoin security. allegations or presumptions are not based on bitcoin technology, it would not be possible for bitcoin holders to support this type of allegations. even if this is very harmful.


Title: Re: Is this real?
Post by: cintya31 on March 25, 2018, 02:11:10 PM
ya.bitcoin very real, because I myself already feel the benefits and benefits of bitcoin.


Title: Re: Is this real?
Post by: galkind on March 25, 2018, 02:50:52 PM
We should not forget that many successful people have come in support of bitcoins and this means that it has some value. Recent addition to this is the co founder of Twitter.


Title: Re: Is this real?
Post by: AntonKrutkov806 on March 28, 2018, 06:01:59 PM
As with any investment asset, we advise you to follow the well-known rule - "Do not put all the eggs in one basket." Since in this case we are talking about "particularly fragile eggs"


Title: Re: Is this real?
Post by: Pan Troglodytes on March 28, 2018, 06:11:31 PM
Actually killing and destroying anything that may be dangerous or just inconvenient in the future is so naive and simplistic, that if humans followed that way of thinking we would be all long dead. Which is by the way kind of happenning, thanks to the ideas just like the OP.


Title: Re: Is this real?
Post by: Lampaster on March 28, 2018, 06:14:58 PM
I think OP is wrong. Why hackers hack your computer for mining. It is not economically profitable. The power of the PC is very small for effective mining. Many people install third-party software on their computer to make money themselves. As a result, their PC runs on others. This is not a mining problem.


Title: Re: Is this real?
Post by: Findingnemo on March 28, 2018, 06:16:48 PM
Yes it is! Bitcoin is so real.

Bitcoin is created only for making a great changes in currency system so I trust bitcoin so much and so I invested in it I think it’s investors has a great future at it so real for all and fake news about bitcoin will be very wrong.


Title: Re: Is this real?
Post by: NadiaHel on March 28, 2018, 06:24:48 PM
Well, based on the arguments of this article, we all should then, stop all kind of paper money and fiat as well. For there are many illegal activities surrounding anything with value. Of course, some bad people id going to use mining, like many bad ones are using paper money to kill people, selling drugs...
I`ve read this kind of article before, and my thoughts always follow the same path: where there is humanity there is evilness as well as kindness, for there is the natural behaviour of our kind. Now, blaming crypto based on this kind of arguments, well, then go further and blame every item of value, for all can be used to do evil stuff.
 


Title: Re: Is this real?
Post by: deepakg2m on March 28, 2018, 06:25:51 PM
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.

I didn’t go far enough.

Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.

Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.

In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.

https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca (https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#496e47a51bca)

As I read the article it seems that he is concerned on criminals and terrorist using crypto currency mining to fund their disgusting activities. Well that maybe true but that is a bias way of reporting it because there are also legit miners all around the world. Also Before Crypto currency there are already terrorist that are using FIAT does it mean we need to stop using FIAT as well.



Exactly, we can not stop doing everything because everything has a good side as well as bad side. But considering only the bad part and stop doing that thing or using that thing is not the solution. We should find some cure for that and in this case we should secure our wallets properly so that hackers should not get a chance to use money through our wallets and if they have their own accounts and wallets we cannot stop them.


Title: Re: Is this real?
Post by: AntonKrutkov806 on March 30, 2018, 11:33:58 AM
At the time of lower demand, entrepreneurs lower prices, stimulating demand, which can lead to economic instability in the market.


Title: Re: Is this real?
Post by: LovellaSai on April 01, 2018, 05:34:42 PM
Sir you are wrong, if btcs would have been beasts then many celebs wouldn't have embraced its


Title: Re: Is this real?
Post by: inactivechorley5 on April 01, 2018, 09:28:01 PM
I support your thought too btcs are worst nightmare in the life of us


Title: Re: Is this real?
Post by: Qnetsupe on April 04, 2018, 10:38:50 PM
I think if you want to cut off btcs it will result in the drowning of your own economic status also


Title: Re: Is this real?
Post by: nilstairs2 on April 07, 2018, 06:06:38 PM
I don't think it would be wise enough to slay down btcs, as if they are down then no one could make the digital currency live again


Title: Re: Is this real?
Post by: nereidkeck3eh on April 08, 2018, 10:46:36 PM
And you're wasting your valuable time on this beasts house for getting merits for income