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Question: Which of the major Bitcoin exchanges will get "hacked" next?
BTC-China - 4 (21.1%)
OK-Coin - 2 (10.5%)
Kraken - 3 (15.8%)
Bitstamp - 5 (26.3%)
Coincheck - 1 (5.3%)
Zyado - 0 (0%)
Other Opinion - 2 (10.5%)
Bittrex - 0 (0%)
Poloniex - 2 (10.5%)
Total Voters: 19

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Author Topic: Who's gonna get "hacked" next?  (Read 846 times)
bamboylee
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December 28, 2016, 02:02:27 PM
 #21

From the look of it, whats anyone joy when sites get hacked? I want to be sure that OP does not keep money on any of this exchange sites because if he does, I am sure he wont be wishing for such misfortune to happen. If any major hack succeeds to the best of my knowledge, it is not about the direct impact on people whose investments are there, but the indirect impact on the price of Bitcoin which will mean loss of investments to many.

If an exchange gets hack, the price will plummet again and we all have a chance to buy more bitcoins at a lower price before it goes back up. In a sense it is good for those who want to buy more bitcoins at a lower price but in the expense of exchange sites and its customers. We should have learned our lessons by now that we should not keep our bitcoins on exchange sites and I am sure OP knows that very well.
20kevin20
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December 28, 2016, 02:08:26 PM
 #22

The one with the weakest security. I don't think I can predict anything as soon as I do not have info about each websites' security. A cheap website can be hacked very easily, so you better rely on more popular websites. However, at the same time it's not a good idea because the most popular ones usually got the most money, so are the best targets for hackers.
Dmitry.Vastov
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December 28, 2016, 02:12:35 PM
 #23

Exchange sites are prone from hacking incidents. Expect hacking incidents will happen anytime since the bitcoin price going up high.
Exchange sites should give insurance to their customers. So their clients are not panicking when something happens to their funds because of hacking.
franky1
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December 28, 2016, 02:13:29 PM
 #24

look for the most popular (largest volume) exchange. and then look for the point of no return.. when everyone wants to cashout/withdraw.
then you will find who and when an exchange will make the warcry of "we been hacked"

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Gembul
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December 28, 2016, 02:19:07 PM
 #25

The one with the weakest security. I don't think I can predict anything as soon as I do not have info about each websites' security. A cheap website can be hacked very easily, so you better rely on more popular websites. However, at the same time it's not a good idea because the most popular ones usually got the most money, so are the best targets for hackers.

I think it's better to use the famous website provider even though we could become the target of hackers. Instead we use a cheap website that is easy to hack. Due to a trusted website we also get a guaranteed security and there will be a sense of responsibility of the provider. Thank you
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December 28, 2016, 02:22:59 PM
 #26

I think every exchanger is potentialy endangered. It seems they have become attractive target for hackers because of high volume of Bitcoin and often not completely proper protection.
I wouldn't make predictions about that. It can realy happen to any of them but the most important is how will they behave afterwards to their customers.

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December 28, 2016, 02:27:24 PM
 #27

I think every exchanger is potentialy endangered. It seems they have become attractive target for hackers because of high volume of Bitcoin and often not completely proper protection.
I wouldn't make predictions about that. It can realy happen to any of them but the most important is how will they behave afterwards to their customers.

Behave or not, an exchange simply cannot pay for all the user claims if they do not have the BTC/money anymore. This is one of the reasons why you should not use an exchange as a wallet, or its goxxed before you can take action.

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