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Title: What if most of the hacking of exchanges is the government? Post by: nextgencoin on February 17, 2015, 01:18:23 AM http://www.zerohedge.com/news/2015-02-16/moscow-based-security-firm-reveals-what-may-be-biggest-nsa-backdoor-exploit-ever
Title: Re: What if most of the hacking of exchanges is the government? Post by: dsly on February 17, 2015, 01:28:54 AM Recently, there was an article of being a computer virus launched by the government as well.
I highly doubt its the government behind it though. Title: Re: What if most of the hacking of exchanges is the government? Post by: rich93 on February 17, 2015, 01:44:39 AM I'm sure any big government's cyberwarfare division could hack any bitcoin exchange they want whenever they want. However I think they have more important things to worry about and probably don't care about bitcoin. I strongly suspect most of the big hacks on exchanges are inside jobs.
Title: Re: What if most of the hacking of exchanges is the government? Post by: nextgencoin on February 17, 2015, 02:20:30 AM I'm sure any big government's cyberwarfare division could hack any bitcoin exchange they want whenever they want. However I think they have more important things to worry about and probably don't care about bitcoin. I strongly suspect most of the big hacks on exchanges are inside jobs. You could be right but I disagree that Governments or at least those in real power financially don't care about Bitcoin as it threatens the system they rely on. Title: Re: What if most of the hacking of exchanges is the government? Post by: Arnab biswas on February 17, 2015, 03:03:25 AM yes jobs can hack the bitcoins...but its also yry that many compnies are accepting bitcoin as a payment too...so why they are using it when they can hack it ;)
Title: Re: What if most of the hacking of exchanges is the government? Post by: Q7 on February 17, 2015, 03:08:32 AM I'm sure any big government's cyberwarfare division could hack any bitcoin exchange they want whenever they want. However I think they have more important things to worry about and probably don't care about bitcoin. I strongly suspect most of the big hacks on exchanges are inside jobs. Well they do worry about bitcoin. As an alternative currency it could be very well competing against fiat and what they worry most is when transactions are all based on bitcoin and could lose control over the monetary system. However having said,I agree that it is unlikely that they are the one who carried out the attack. Title: Re: What if most of the hacking of exchanges is the government? Post by: Brewins on February 17, 2015, 03:23:23 AM I'm sure any big government's cyberwarfare division could hack any bitcoin exchange they want whenever they want. However I think they have more important things to worry about and probably don't care about bitcoin. I strongly suspect most of the big hacks on exchanges are inside jobs. Maybe just some low rank people that wanna make some money? Might be too tempting have such non existent tech and don't use it to get some personal advantage Title: Re: What if most of the hacking of exchanges is the government? Post by: Shattered on February 17, 2015, 05:41:42 AM I'm sure any big government's cyberwarfare division could hack any bitcoin exchange they want whenever they want. However I think they have more important things to worry about and probably don't care about bitcoin. I strongly suspect most of the big hacks on exchanges are inside jobs. You could be right but I disagree that Governments or at least those in real power financially don't care about Bitcoin as it threatens the system they rely on. I think its being grossly naive to think that Governments dont "care" about Bitcoin. A system that doesnt centralize power is very dangerous to the powers currently running the show. If current governments used BTC instead of the magic monopoly money they never stop printing, there would a lot less wars. If you have to account for every single finite measure of currency, things get real interesting real fast. It would be real interesting to live in a country where every single dollar spent by the government was visible on the blockchain. Title: Re: What if most of the hacking of exchanges is the government? Post by: koelen3 on February 17, 2015, 06:18:17 AM Why would govt involve in this
If they are against it , they can just issue legal orders or if they really want to do it , they would do bigger hack , so the exchnge goes totally down not small stealings Title: Re: What if most of the hacking of exchanges is the government? Post by: Kazimir on February 17, 2015, 07:04:28 AM Then all the more reason to hurry up and get these decentralized P2P exchanges up and running.
Title: Re: What if most of the hacking of exchanges is the government? Post by: kpitti on February 17, 2015, 07:31:34 AM This is not probably happen as I hope they have more important things to do :o. I am in doubt there is a logic reason for goverment to do that.
Title: Re: What if most of the hacking of exchanges is the government? Post by: Fernandez on February 17, 2015, 07:45:57 AM Another tinfoil case.
The sites were hacked because there is no dearth of hackers trying to make money. Title: Re: What if most of the hacking of exchanges is the government? Post by: maurya78 on February 17, 2015, 08:15:27 AM Quite possible, I see govt hackers as key players interested in exploiting vulnerabilities in the btc ecosystem
Title: Re: What if most of the hacking of exchanges is the government? Post by: Sage on February 17, 2015, 08:22:46 AM Another tinfoil case. The sites were hacked because there is no dearth of hackers trying to make money. Marginalization is a common tactic of a government shill. The OP brings up some very important dynamics we all need to be aware of. Calling them "tinfoil case" only reveals your own ignorance. To think the power structures behind central banking won't use every tool at their disposal to protect their interests is just plain ignorance. Title: Re: What if most of the hacking of exchanges is the government? Post by: smoothie on February 17, 2015, 08:23:44 AM Some but not most.
Title: Re: What if most of the hacking of exchanges is the government? Post by: coinut on February 17, 2015, 08:33:55 AM read the article in the OP ... crazy! not surprised though, Trojan's and viruses in the firmware/bios of hardware.
I wonder if it was possible to make a scanner to scan bios's and firmware on the motherboard and hardrives? I would try it out for fun, although it would have to be from trusted sources for obvious reasons lol ;D Title: Re: What if most of the hacking of exchanges is the government? Post by: Silly Money on February 17, 2015, 08:55:56 AM Whilst I don't really believe the government was behind such hackings, this sort of thing could easily happen. All you would need is a rouge NSA employee who sees hoe easy it is to spy on certain bitcoin companies and take their coins at his own will. We already know the staff at the NSA have abused their position looking at and sharing personal images they shouldn't so theft of money or data is the next step up and could make them very rich so greed can always take over.
Title: Re: What if most of the hacking of exchanges is the government? Post by: Kakmakr on February 17, 2015, 09:22:56 AM Yes Snowden showed everyone what governments are doing and what they can do if they are not stopped ^frown^
Do you think it is individual people within governments or a whole group within special sections? Title: Re: What if most of the hacking of exchanges is the government? Post by: Brooker on February 17, 2015, 10:02:40 AM Why would govt involve in this If they are against it , they can just issue legal orders or if they really want to do it , they would do bigger hack , so the exchnge goes totally down not small stealings They probably will do that in the long run and try cripple bitcoin via regulations and laws etc but those things take time to pass and bitcoin isn't really a threat at the moment, but I doubt the gov is stealing people's bitcoins though maybe someone who works for them could. Title: Re: What if most of the hacking of exchanges is the government? Post by: pooya87 on February 17, 2015, 10:08:45 AM every day you hear a new article on bitcoin on a not so famous news website. what is this, a Conspiracy theory. and what next tinfoil hats ;)
Title: Re: What if most of the hacking of exchanges is the government? Post by: GigaBit on February 17, 2015, 12:53:30 PM All of them.
You might not believe me but there are people paid to take down Bitcoin or to hurt it every step of the way. They know just how dangerous Bitcoin is to the Rothschild/Morgan banking cartels. #BritishBankers, #TheRothschildFamily, #TheLastNapoleonicWars, #HowRothschildBankrolledTheWorld Title: Re: What if most of the hacking of exchanges is the government? Post by: ranochigo on February 17, 2015, 01:11:28 PM Government would probably not be able to hack bitcoin if the owners uses airtight cold storage and choose a hosting provider that is trustable and a team of trustable employees. Most of the time, it's the inside job, not a actual security vulnerabilities.
Title: Re: What if most of the hacking of exchanges is the government? Post by: Mr Tea on February 17, 2015, 01:29:12 PM All of them. You might not believe me but there are people paid to take down Bitcoin or to hurt it every step of the way. They know just how dangerous Bitcoin is to the Rothschild/Morgan banking cartels. #BritishBankers, #TheRothschildFamily, #TheLastNapoleonicWars, #HowRothschildBankrolledTheWorld Even if they wanted to they can try their best to take down bitcoin or damage it but this beast is bigger than them. I'd love to know how they can get their hands on my coins? Government would probably not be able to hack bitcoin if the owners uses airtight cold storage and choose a hosting provider that is trustable and a team of trustable employees. Most of the time, it's the inside job, not a actual security vulnerabilities. Bitcoin cannot be 'hacked' but if there's malware on their computers once they transfer the coins from cold storage to their computers they could theoretically nab them. Title: Re: What if most of the hacking of exchanges is the government? Post by: Kevin77 on February 17, 2015, 03:00:45 PM According to theories, bitcoin was created by gov, it's mined by gov and the exchanges are hacked by gov.
Then wtf we actually do here? Oh, maybe the gov made 400k accounts here and talks by itself. Title: Re: What if most of the hacking of exchanges is the government? Post by: M8 on February 17, 2015, 03:07:25 PM According to theories, bitcoin was created by gov, it's mined by gov and the exchanges are hacked by gov. Then wtf we actually do here? Oh, maybe the gov made 400k accounts here and talks by itself. Maybe all those accounts are government shills just paid to troll and spread fud and paranoia haha... of they're just stupid trolls who get off on spreading shit. Title: Re: What if most of the hacking of exchanges is the government? Post by: allthingsluxury on February 17, 2015, 03:33:23 PM Who knows, there is a chance that it is, although don't discount the significant profits that a hacker can gain from doing this. That is reason enough alone.
Title: Re: What if most of the hacking of exchanges is the government? Post by: BitAddict on February 17, 2015, 03:55:15 PM Hard to know, but I believe hackers are way more interested to steal that bitcoins. Most of the exchanges are too small for gov to care about it.
Title: Re: What if most of the hacking of exchanges is the government? Post by: tss on February 17, 2015, 06:59:16 PM anything can be hacked as there is always someone out there smarter than your team. but thats what cold wallets are for. so you can't be hacked and put out of business. when they lose their "cold" wallets they're just re appropriating funds into their own pockets.
Title: Re: What if most of the hacking of exchanges is the government? Post by: RodeoX on February 17, 2015, 07:03:22 PM Always a big secret. Why not just that thieves like money?
Title: Re: What if most of the hacking of exchanges is the government? Post by: neurotypical on February 17, 2015, 07:12:21 PM Nah it's just people running away with the money.
Title: Re: What if most of the hacking of exchanges is the government? Post by: Danielzo on February 17, 2015, 07:41:27 PM This is quite an interesting idea, but we also have to ask ourselves why the government would be interested in making exchanges fail. Do they fear the currency? Or are some corrupt bureaucrats with influence considering getting a larger amount for themselves?
If the government is behind this after all, we also have to remember that these coins do not actually disappear. They continue to exist and subtracting from a currency like btc wouldn't be too hard for someone involved in the Bitcoin conspiracy, as I like to call it. Title: Re: What if most of the hacking of exchanges is the government? Post by: fritz on February 17, 2015, 07:44:42 PM There are no what ifs about it. The government is always afraid of losing control.
Title: Re: What if most of the hacking of exchanges is the government? Post by: mercistheman on February 17, 2015, 08:11:09 PM Could def see the Federal reserve spending a couple billion to preserve mult-bilion down the road.
Title: Re: What if most of the hacking of exchanges is the government? Post by: Danielzo on February 17, 2015, 08:22:00 PM Indeed, but it the U.S. isn't the only place where people are getting suspicious. The EU has recently passed a couple of shady laws as well, connected indirectly with the cryptocurrency.
Title: Re: What if most of the hacking of exchanges is the government? Post by: ajareselde on February 17, 2015, 08:27:10 PM Hard to know, but I believe hackers are way more interested to steal that bitcoins. Most of the exchanges are too small for gov to care about it. I also believe that bitcoin with its cap at ~3 Billion, is nothing to the gouvernments, so it just leaves us with thiefs and people "hacking" themselves. There is no actual way of knowing in the end, so better just make your bussines at exchange at withdraw to your local wallet, safe and sound. cheers Title: Re: What if most of the hacking of exchanges is the government? Post by: lolled on February 17, 2015, 10:09:30 PM Indeed, but it the U.S. isn't the only place where people are getting suspicious. The EU has recently passed a couple of shady laws as well, connected indirectly with the cryptocurrency. Any examples of those ? Title: Re: What if most of the hacking of exchanges is the government? Post by: Wendigo on February 17, 2015, 10:17:17 PM I think it's most likely an inside job.
Title: Re: What if most of the hacking of exchanges is the government? Post by: fatguyyyyy on February 17, 2015, 10:40:18 PM probably the new NSA group 'Equation' is doing most of the hacking ..
Title: Re: What if most of the hacking of exchanges is the government? Post by: ranochigo on February 18, 2015, 09:25:13 AM Government would probably not be able to hack bitcoin if the owners uses airtight cold storage and choose a hosting provider that is trustable and a team of trustable employees. Most of the time, it's the inside job, not a actual security vulnerabilities. Bitcoin cannot be 'hacked' but if there's malware on their computers once they transfer the coins from cold storage to their computers they could theoretically nab them. Title: Re: What if most of the hacking of exchanges is the government? Post by: koelen3 on February 18, 2015, 03:15:38 PM Why would govt involve in this If they are against it , they can just issue legal orders or if they really want to do it , they would do bigger hack , so the exchnge goes totally down not small stealings They probably will do that in the long run and try cripple bitcoin via regulations and laws etc but those things take time to pass and bitcoin isn't really a threat at the moment, but I doubt the gov is stealing people's bitcoins though maybe someone who works for them could. If in near future , they think bitcoin as a threat than they shall ban fiat too I mean half of the problems are cos of it! And what about gold , diamond. Title: Re: What if most of the hacking of exchanges is the government? Post by: manselr on February 18, 2015, 05:31:40 PM No need for paranoid theories. It's as simple as the exchange owners bailing out and running with the money because the are scared at the downtrend.
Lesson: do not store coins in exchanges. Title: Re: What if most of the hacking of exchanges is the government? Post by: AgentofCoin on February 18, 2015, 05:33:26 PM No need for paranoid theories. It's as simple as the exchange owners bailing out and running with the money because the are scared at the downtrend. This is most probable. Lesson: do not store coins in exchanges. |