Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.
in fact anything that contains the element of money will cause every means to do, and like hacking. this happens to all not just on bitcoins. I think it would be very difficult to break into any wallet network even more have an online system that is easy to track fast. for that you should be more vigilant in every action and also prioritize the level of security. |
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And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.
well that's the greatness of bitcoin than in other crypto. I believe it will be very difficult to compete with bitcoin. the main factor you have said in this discussion, and so bitcoin has a very future |
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The South Korea taking their move on regulating Bitcoin. The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official: "Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/like this we have to respond positively and give appreciation. I really agree with the regulation even more to overshadow project ico project. this should be followed for all countries that legalize crypto so every ico must pass laden and has been tested. |
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its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
I have no problem about hacking, currently I rarely to open my wallet. most hacking is a result of self-neglect, well if the problem of this decline that makes me sometimes disgusted. |
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14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
is there a link for proof here? I think there should be a link that includes it to be trusted by us as a wider community. |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I think if that happens is a disaster for you, still you will not be able to access anything else. so try to create duplicate data to avoid any chance that happens as you say. |
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Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk
the core of this discussion what? I do not completely understand. moreover the Safety issue like what you say, try to be more specific. I do not think it's like the spective you think. |
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Bitcoin was the first blockchain based cryptocurrency and is as yet the market pioneer in view of market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile. Your opinion about the Future of Bitcoin...
I don't understand what you are saying, I think bitcoin is a pioneer for all crypto that exists and so will be a new innovation. this is the greatness of bitcoin that has bind the market from time to time. of course the value will never be stable because bitcoin is not easy to set and tend to fluctuate. I guess you do not know this. |
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While there are several nations which are passing laws against crypto world. Thailand has entered the list of the nations which have legalized crypto currency. Thailand is mainly dependent on tourism industry. So I think it is wise decision on t he part of a country where major source of income is from tourism. So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
there may be a beneficial effect on the crypto world when Thailand is more friendly with bitcoin. but I do not think this will be a big impact on Thailand, especially in the tourism industry. and if this is true I just want to appreciate it. |
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Some people are asking, "How can Bitcoin helps the world's economic?"
I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.
Bitcoin is not yet on that level of influence on countries but rather its economic effects are felt on the level of individuals. Jobless moms, overseas workers, unemployed individuals, students and many more have started to earn online jobs due to bitcoin. In this area we can say that some countries the poverty rate have reduced not on a big scale but on a small scale. But even though this maybe only felt by some few, it is still a helpful currency that allows people to earn online. I agree with you. I think bitcoin progress will not affect the world economic turmoil or in a country. and now bitcoin has evolved into part of a valuable precious asset. |
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Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
no, i guess that's just your assumption. if it happens as you say, chances are there are plenty of alternative altcoins that will grow and rise. but the fact is that all crypto synchronously follows as the bitcoin decreases. I think this has happened in the past few years on a scale of decline. |
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Indian exchanges have announced that no crypto-fiat exchanges will be allowed till further RBI notice.So now the future of Crypto in india is in dilemma.
will this have a serious impact? not if India has been doing attacks for bitcoin and crypto in 2017. this is not a hot new news. but my only estimate is to make the FUD market down more than ever, and this will never work for the umpteenth time. |
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as we are seeing other coin such as litecoin ,monera,etherium , are faster in transaction than btc
of course can and very potential in the future. but the fact is that bitcoin has bundled the market from time to time and the most important factor that strengthens bitcoin is always the top choice is, the absence of a controlling company unlike most altcoins that can be influenced by the developer. |
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As I told on the subject, there are some apps that help us earn Bitcoin such as Experty, its really a good apps. Have you heard about it, bros?
I doubt there is an application that can generate bitcoin let alone applications for mining. in logic, bitcoin mining would require enormous power and high computer sperfication. |
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AS per indian goverment RBI OF INDIA given dead line to ZEBPAY till 5th july to his costemer for withdraw or exchange
is currently entering the 6th of July, I have not heard anything else. I do not think this will have a big effect on the market, and for now India has no more power to shake up the market circulation |
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yes, that's true. but every year bitcoin will be increasingly difficult to mine that's about what I know and discussion from friends in this forum. although it will be more and more miners but it is not easy, especially to mine bitcoin in dire need of big power and high powered computer |
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I'm just trying to understand the mentality.
everyone does not have the same knowledge, especially the experience, even the need to force it to sell it. of course this can not make your comparison relevant. even more so on the basis of the recent panic. |
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Hey guys, there is a time that it comes to my mind that what should i do, wait for a long time or we can say hold for now or take a risk and grab the opportunity to have a money in your hands???
What do you think guys??
of course every situation will be very different and depending on your needs. in every speculation should always be accompanied by knowledge, experience and insight. so when you invest, you must have a plan and strategy first. so you will not feel the confusion as it is today. |
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Hi guys,i just wanna knows that why the transaction fee for bitcoins is increasing everyday.Some days before i send bitcoin to a trader the fee was 0.0005btc but yesterday i repeat the same transaction same amount then the fee was 0.0006 btc. Please correct me if i am posted in wrong section.  now the cost of bitcoin transaction has returned to normal, yes I heard from a friend of merchant. in this decrease in activity increase unlike post-growth last year. I think every transaction fee will follow with its growth |
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This news is slowly coming out but over half the Bitcoin miners are Chinese entities!
What would happen if the Chinese Govt took the mining over from the entities: It is a scary possibility and i was made aware of it on a you tube channel that has 200,000 subscribers!
I think it will never happen, especially china has been very prohibited in this industry. because that's why I'm optimistic the Chinese government will not do that. |
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