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Author Topic: Bitcoin is in trouble  (Read 4540 times)
NorrisK
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February 18, 2016, 08:44:55 PM
 #61

Yes it is a shame that bitcoin was involved in such an attack and may even have made it possible in the first place. No it is not going to put bitcoin into trouble.

An attack like this is always possible, the only thing that bitcoin helps in is them getting paid without the police/feds being on their heels as soon as they collect it.

Luckily the amount asked is even fairly reasonable compared to the 3 million the other day. Ofcourse I do NOT condone this type of things. It is never ok to potentially gamble peoples lives over this.
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February 18, 2016, 08:48:30 PM
 #62

This is easy to solve guys. Just give the FBI a master encryption key, what could possibly go wrong? Or are you some kind of iPhone using terrorist?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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February 18, 2016, 09:50:49 PM
 #63

Recently it has met with a great problem due to the hackers who get involved in hacking and demand bitcoin, so to have no proof of transaction. If such incident there needs a higher security advancement.

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tommorisonwebdesign
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February 18, 2016, 10:02:40 PM
 #64

Yes it is true that Bitcoin is used for illegal purposes, but this is an isolated incident. More people will know about the cryptocurrency in the future and there will be less and less incidents like this.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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February 18, 2016, 10:23:09 PM
 #65

Hospitals are in trouble. BTC isn't, but this is a really sad sign of the horror of our times. Bad guys used to attack banks. Could we have imagine a generation ago that criminals would attack hospitals? Happily, considering the pay of top doctors and surgeons, ransom was quite low.

I used to be a citizen and a taxpayer. Those days are long gone.
hardtime
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February 18, 2016, 11:21:38 PM
 #66

Bitcoin is something that even if it falls (which I don't think will happen) It's legacy will stay around, the block-chain will still be around. As people say, you can't kill an idea.

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The Sceptical Chymist
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February 18, 2016, 11:32:51 PM
 #67

No, it can't happen . Bitcoin is here to stay and it is not the property of any government to control it. Let's hope it stays always and grow .
And even if the US gov't banned bitcoin outright, the US is still only one country out of many.  But it would not be a good trend.  But hey, the price is going up pretty good in the last few days, eh?

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mtnsaa
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February 18, 2016, 11:43:49 PM
 #68

No, it can't happen . Bitcoin is here to stay and it is not the property of any government to control it. Let's hope it stays always and grow .
And even if the US gov't banned bitcoin outright, the US is still only one country out of many.  But it would not be a good trend.  But hey, the price is going up pretty good in the last few days, eh?

I'm pretty sure that if the US decided to ban Bitcoin it would be pretty much done. Especially if the whole media start linking it to illegal business and terrorism financing.
Scotty_Phoenix
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February 19, 2016, 02:11:39 AM
 #69

Bitcoin isn't going anywhere...the price just jumped and I think will continue to trend upwards.

Join me in making some money.

https://www.cryptomining.farm/signup?referrer=56C63D23DFECB
BTCBinary
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February 19, 2016, 02:24:17 AM
 #70

And now it seems that the Feds got track of the hacker who didi this and already arrested him. Unfortunately, it's well deserved because this sort of situations are the ones who give bitcoin a bad name.
BellaBitBit
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February 19, 2016, 02:36:42 AM
 #71

Bitcoin is not in trouble, just a bit of bad press - what is new for Bitcoin?  Constantly dodging bad press and manages to come out fine.  This story is very strange and seems like a direct target to Bitcoin rather than the issue at hand.

I love Bitcoin
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February 19, 2016, 02:49:35 AM
 #72

It seem that there is constantly something negative in the news about bitcoin.  But it seem that it isn't really hurting it.
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February 19, 2016, 06:53:32 AM
 #73

it is normalistic if bitcoin is in trouble. everything has in trouble but it's not mean that it will be finished.

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NorrisK
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February 19, 2016, 06:59:13 AM
 #74

Hospitals are in trouble. BTC isn't, but this is a really sad sign of the horror of our times. Bad guys used to attack banks. Could we have imagine a generation ago that criminals would attack hospitals? Happily, considering the pay of top doctors and surgeons, ransom was quite low.

Hospitals should get their IT in order.. In this era it is not responsible to have a crappy IT department and security in place for a company as big as a hospital. Especially when they are dealing with sensitive information.

Who says they could've only encrypted the files? Next time they may steal the files and threaten to release thousands of sensitive personal information from the patients. This is something that should never happen and hospitals should step up and improve their cyber security for this reason.
DimensionZ
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February 19, 2016, 07:06:29 AM
 #75

And now it seems that the Feds got track of the hacker who didi this and already arrested him. Unfortunately, it's well deserved because this sort of situations are the ones who give bitcoin a bad name.

Where did you read about this? Can you provide a link to the story?

bitlancr
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February 19, 2016, 08:16:59 AM
 #76

Bitcoin is not in trouble that much I think. I think Bitcoin will have a good future. And that will be good for Bitcoin.
We also hope later that it will be more worth later so it will be have a higher value. Maybe it is now time to invest in Bitcoin.
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February 19, 2016, 10:40:18 AM
 #77

If it's cheaper to pay for ransom than to up one's security something is majorly going wrong. But not with Bitcoin. Just wait until the next hacker will ask for double or quadruple the sum. Insane message to criminals out there to give into demands of any form of blackmailing.
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February 19, 2016, 10:41:55 AM
 #78

Bitcoin is not in trouble that much I think. I think Bitcoin will have a good future. And that will be good for Bitcoin.
We also hope later that it will be more worth later so it will be have a higher value. Maybe it is now time to invest in Bitcoin.

what basis do you have to make such a claim?
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February 19, 2016, 11:50:16 AM
 #79

yet another media crap in desperate attempt to make bitcoin look bad. i wonder when they are going to sop.

never, have they ever stopped blaming russia? muslims? chinese ? they are never going to stop.
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February 19, 2016, 12:10:48 PM
 #80

I don't know why is bitcoin in trouble ?
After Silk road > there is no troubles!
Wrong name for topic better try with this one:

Idiots robbed hospital as ransom they asked for bitcoins..something like that!
By this way bitcoin is no longer evil companion..
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