Quantus (OP)
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December 28, 2016, 11:15:32 AM Last edit: December 28, 2016, 12:38:42 PM by Quantus |
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I'm not the first to notice exchanges have a bad habit of getting "hacked" when the price is on a tear and now we are fast approaching the all time high.
We all know what happens next right?
Edit: This poll is for fun but if you want me to add more options just ask.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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Huge Black Woman
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December 28, 2016, 11:34:37 AM |
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Hafta say the Chinese one cuz I don't trust 'em. The Chinese that is.
You right about these dam fools runnin' away in a bull market. Happens like clockwork.
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Quantus (OP)
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December 28, 2016, 11:41:06 AM |
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Hafta say the Chinese one cuz I don't trust 'em. The Chinese that is.
You right about these dam fools runnin' away in a bull market. Happens like clockwork.
Ya but in China you have the chance of getting locked up and having your organs harvested if you get caught. Not that I don't think they are capable of getting hacked legitimately.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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OmegaStarScream
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December 28, 2016, 11:46:23 AM |
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I don't think china will be touched , their exchanges are holding most of the bitcoins and the trading volume is huge , not to mention that there is big whales there , I'm pretty sure security is taken very seriously there. I don't remember seeing Kraken being a target of hacking so I'd say It could be this time.
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dihari
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December 28, 2016, 11:49:37 AM |
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Bitcoin is getting stronger day by day because of peoples trust on it is growing. Most of peoples keep their money on exchangers because they are lazy to pay some fee when their doing withdrawal to their wallets. Me too. And we know it's not good.
So I hope, there is no more exchangers get hacked anymore. For the goodness of bitcoin ecosystem.
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Quantus (OP)
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December 28, 2016, 11:50:26 AM Last edit: December 28, 2016, 12:01:01 PM by Quantus |
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I don't think china will be touched , their exchanges are holding most of the bitcoins and the trading volume is huge , not to mention that there is big whales there , I'm pretty sure security is taken very seriously there. I don't remember seeing Kraken being a target of hacking so I'd say It could be this time.
That just makes them the biggest target. The higher payoff means hackers will expend more resources. They may have the best security of all the exchanges (I have no idea) but it may not be enough for a determined adversary with unlimited financing like the US government. But why you say would the US government hack a Bitcoin exchange? To make bitcoin look bad, most people don't understand the difference between Bitcoin and Bitcoin web services. (/devils advocate)
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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Quantus (OP)
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December 28, 2016, 11:51:52 AM Last edit: December 28, 2016, 12:07:49 PM by Quantus |
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Bitcoin is getting stronger day by day because of peoples trust on it is growing. Most of peoples keep their money on exchangers because they are lazy to pay some fee when their doing withdrawal to their wallets. Me too. And we know it's not good.
So I hope, there is no more exchangers get hacked anymore. For the goodness of bitcoin ecosystem.
Sorry but another major hack is inevitable. Rain falls, fire burns, and Bitcoin exchanges get hacked that's just nature. I've been waiting for the other shoe to drop for weeks now.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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Zadicar
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December 28, 2016, 11:55:19 AM |
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I'm not the first to notice exchanges have a bad habit of getting "hacked" when the price is on a tear and now we are fast approaching the all time high.
We all know what happens next right?
Edit: This poll is for fun but if you want me to add more options just post the name.
Thats the thing puts in my mind always when bitcoins price reaches to its peak and suddenly a bad news will come out and im expecting it already and thats not already a shocking news for me.China exchanges would be difficult security is more secure since they hold off the most large volume of bitcoin compare to others.Among the selection i cant point out since we dont have any idea on which one of them would be the target.
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iram3130
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December 28, 2016, 12:10:00 PM |
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I too feel the chinease one will get hacked as there are too many population of bitcoin users from southeast asia. I heard that there were many attempts to hack a certain exchange from a group of chinease hackers previously.
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Mark Frappeles
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December 28, 2016, 12:24:36 PM |
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Maybe Bitfinex, again. Or btc-e
If a exchange is hacked once it doesn't get immune to be hacked again
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Quantus (OP)
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December 28, 2016, 12:32:47 PM |
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Maybe Bitfinex, again. Or btc-e
If a exchange is hacked once it doesn't get immune to be hacked again
This is a great point, if a exchange has already been hacked how do we know the hackers did't plant back doors throughout their systems. Anyone remember "bad USB?" Every mouse and keyboard every USB device could be holding custom made malware. If anything a exchange that's already been hacked is even more at risk.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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tiggytomb
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December 28, 2016, 12:33:30 PM |
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It is really just a matter of time isn't it, same way we still get the odd bank robbery people will always try to steal more than they have or will ever have.
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NeuroticFish
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December 28, 2016, 12:35:26 PM |
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I think it's going to be a Chinese one. But for the fun of it, I would like to see an option about Bittrex and Poloniex, although they are not really Bitcoin exchanges.
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Tanic
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December 28, 2016, 12:40:32 PM |
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How can be known which exchanger is going to be hacked next? But I can say that sooner or later it will benew hacking again, cause of the price for bitcoin is high and there are people who wish to get easy money by hacking. I am ready to bet that all this sites are fending hackers attact almost every day.
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raven7886
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December 28, 2016, 12:47:24 PM |
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I feel hackers next target will be either bittrex or Poloniex. as above friend said they are not really bitcoin exchange I agree to him but I also think that they are the most easiest target for the hackers. nowadays (after bitfinex hack) hacking trading sites is almost impossible. and I think hacking chinese market would be even more hard.
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BitcoinHodler
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December 28, 2016, 12:49:24 PM |
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I don't think china will be touched , their exchanges are holding most of the bitcoins and the trading volume is huge , not to mention that there is big whales there , I'm pretty sure security is taken very seriously there. I don't remember seeing Kraken being a target of hacking so I'd say It could be this time.
lol, imagine the hacker hacked one of these Chinese exchanges in the hope to gain millions of dollars (based on the volumes they report) and then encounter only a couple of bitcoins being traded there ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) but jokes aside i wish there were more topics discussing about what the solution can be instead of us coming here and crying after one of these get hacked.
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Holding Bitcoin More Every Day
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BitHodler
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December 28, 2016, 01:15:21 PM |
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I think Chinese exchanges will be safe for now. Mainly because of the fact, or at least the impression that I get, that it is being done by wealthy Chinese traders.
It's pure speculation of course, so don't take it too seriously, but it's a realistic scenario. Nothing can be ruled out in this case since a lot money is involved in manipulation.
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BSV is not the real Bcash. Bcash is the real Bcash.
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Blind Legs Parker
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December 28, 2016, 01:21:26 PM |
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I think Chinese exchanges will be safe for now. Mainly because of the fact, or at least the impression that I get, that it is being done by wealthy Chinese traders. What do you mean "done"? Do you mean that wealthy Chinese traders run these exchanges or that they trade on them? Either way I don't get why it would make them safer.
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Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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olushakes
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December 28, 2016, 01:34:14 PM |
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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.
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Red-Apple
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December 28, 2016, 01:57:29 PM |
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since i believe one of the reasons why these exchanges allegedly get hacked is an exit strategy and because they are failing to make good money, i think the next one can be bitstamp but it definitely is not poloniex because they are pumping altcoins themselves and make lots of money from manipulation so there is not much reason for them to be hacked ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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