NOW is a good time for a hack!

[CyberKuro]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

The possible reason why the hackers attack when the price of bitcoin is rising its because that is the time when there are many transactions occurring and the management of the sites were to busy accommodating the transactions of their client and leave a blind spot. And that is the time the hackers attack are unnoticed. And also possibly some sites steal bitcoins themselves and told their clients they were under attack by hackers. At this time it is easy to say it is inside job rather than it is being hacked. When a company declares that they are being hacked when bitcoins price was high is very fishy. This is just my opinion, but you are right in saying hackers activities are well planned.

Hackers need great preparation and time to get the big fish but you've a point that it could be come from a man inside.
And the first target must be other exchanges as big fish due to what had happened in the past.
When the price at this point, all platforms that holding big amount of bitcoin should be extra careful imo.
For me, I like to stay away from them just in case but hopefully there is nothing will happen relate to hackers or the price will fall down again.

[Shiroslullaby]

Nope, The price increase isn't always good timing. They just try to hack if there is any bug from the site. They won't do that if they don't disclosing the bug by the site. They won't care about the price of bitcoin although it's free money in his perspective. 

Exactly.
You will do reconnaissance, find your weakness, make your preparations, and strike.
The price of Bitcoin at the time will have nothing to do with it.
Unless, of course, the rise in price created some greater amount of transactions, or more traffic to the site which would help with your attack.

[U2]

If you could hack bitcoins you would do it whenever you could because 1 bitcoin will always be 1 bitcoin. The price is really irrelevant when you're talking about hacking 10mil vs 100mil. Everyone wants that amount of money, only the very good hackers can ever hack that. If you waited for the price to go up to hack then they would have patched it because in the time between you finding it and the price going up would be someone else that found the security breach.

[royalfestus]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

An attack.Hack can happen anytime regardless of the price. i doubt any big hacking incident will occur majority of this hack are inside job and not from the outside.

Yes sure it can happen anytime and sure some or even many are some kind of inside jobs, but as a hacker you can choose the time of the hack and i just figured that a smart hacker would wait for a high price so his earnings are even bigger.

How can one differentiate between a inside job hack and a hack from outside in an exchange? Just as bitcoiner

[GMPoison]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

An attack.Hack can happen anytime regardless of the price. i doubt any big hacking incident will occur majority of this hack are inside job and not from the outside.

Yes sure it can happen anytime and sure some or even many are some kind of inside jobs, but as a hacker you can choose the time of the hack and i just figured that a smart hacker would wait for a high price so his earnings are even bigger.

How can one differentiate between a inside job hack and a hack from outside in an exchange? Just as bitcoiner

Exactly, you can't. This is why Mark Karpelès was only sentenced to a year in prison, and he didn't even serve that.

[carlfebz2]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

An attack.Hack can happen anytime regardless of the price. i doubt any big hacking incident will occur majority of this hack are inside job and not from the outside.

Thats what I believe too on which most hack incidents are made in the inside and they just make blame that it came from the outside on a hacker.We cant really know the truth behind those previous hacks that happened.The thing that is being mentioned on OP is very true and anytime we could able to witness that,infact I do pray that this ting wont happen so that we wont dip again on the price of bitcoin.

[traderethereum]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

this could be happen if the exchanges not secure their site and they don't know nothing about how to fix the hole or bug of the site. but i hope this would not happen because too many people is investing their money in bitcoin and they hope that can make profit with increasing of btc. for the exchanges, i hope they can maintain their site so they can prevent the hacker attact.

[harizen]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

No need for price increase for hackers to execute their hacking "once all was set to 100%" and all things associated in their scheme are being prepared and ready to go. Besides if the purpose of hacking is to hold bitcoin after it was done then no need to wait for a price surge.

So all the time, a bitcoin user must do anything to make their coins secure especially those who has some big amount of trading funds in an exchange site. It's easy to say for some exchanges that hack has been happen in their system but the fair point is selling those funds then purchase it right after a succesful dipped that they triggered.

[digaran]

I can assure you that as the hackers get smarter and having access to stronger hardware and software the same thing can be said about big companies doing daily businesses and trades with large amounts of bitcoins.
Something every one should know is the fact that all these hacks beside of an inside job involvement, they have nothing to do with bitcoin's security and blockchain safety and bitcoin is only there because no banks securing them by insurance and no government agency would care to take action legally unless they are regulated but even so strength of blockchain and bitcoin protocol is so almighty that once bitcoins are stolen even knowing their place and watching over the addresses containing the stolen coins they can not do anything about it.

[chairul.muttaqin]

You said that hacking is easy to do. The security of bitcoin is very hard to hack moreover the developer always increase security of bitcoin. Hack bitcoin only can do by professional hackers.

[carlfebz2]

You said that hacking is easy to do. The security of bitcoin is very hard to hack moreover the developer always increase security of bitcoin. Hack bitcoin only can do by professional hackers.

We are not talking about hacking into Bitcoin itself because that thing is really an impossible thing to do as of now because its hard to crack the codes.Even those professional hackers would really have a hard time on doing it and besides we are talking here about hacking exchange sites and other investments that do have huge funds on bitcoin.

[Kakmakr]

It seems to me that if you are a hacker and you have figured out how to hack some Bitcoin company you do not have to act at once and can wait. Wait for the Bitcoin price to increase so you can make money of your hack. I have a feeling that more hacks happen is the price is relatively high.
Some will argue that it is the other way round and the high price attracts hackers, but these things need preparation and do not just happen over night. Also some might not have the patience or the price is going nowhere, but a smart hacker would take the risk and wait some time.
So right now would be a good time for the next big hack!

Would there be any specific reason why you want this to happen? Are you by any chance shilling for the competition? I would not hack an exchange when the price is high, because volumes are smaller during these periods. Most people dump smaller amounts of bitcoins onto exchanges when the price are high, because they know that exchanges are being targeted during these times.

When the price is lower, more coins have to go through exchanges to increase profits, so the ideal time to hack an exchange would be when the price is lower.

On the other hand, more people dump coins that were previously hoarded in cold storage, so this might just cancel things out. ^hmmmm^

Let the dogs sleep, we do not need to wake them now. ^smile^

[Rizky Aditya]

Nope, The price increase isn't always good timing. They just try to hack if there is any bug from the site. They won't do that if they don't disclosing the bug by the site. They won't care about the price of bitcoin although it's free money in his perspective. 

Exactly.
You will do reconnaissance, find your weakness, make your preparations, and strike.
The price of Bitcoin at the time will have nothing to do with it.
Unless, of course, the rise in price created some greater amount of transactions, or more traffic to the site which would help with your attack.

Yeah. Hackers don't care much about the price, even though they don't mind earning some, they really just want to hack the site. The attack could come at any time and you wouldn't be able to tell just by the price of Bitcoin, or something else.

[skilet14]

lol, first of all I dont think hack gtc is so easy to do it whenever you want, at the other hand there is a second problem, if someone make working btc hack he will not sell it to others , I dont think so, and 3. btc is well protected to able someone hack its bases

[Amph]

lol, first of all I dont think hack gtc is so easy to do it whenever you want, at the other hand there is a second problem, if someone make working btc hack he will not sell it to others , I dont think so, and 3. btc is well protected to able someone hack its bases

you can't hack bitcoin, or the address directly  if that what you mean no matter what tool you have, the only way will be putting at dangerous the ecdsa which is one of the step for getting the private key, with quantum computer

but you can hack an exchange like it happened many times already, because of their incompetence, but i believe it was an insider all the time...

[Senor.Bla]

no doubt that it is a good time to hack a company that saves bitcoin or works on bitcoin. and then what? do you mean by posting this thread to invite hackers to hack a company or bitcoin or kind of Thing? why prefer to announce this thing instead of giving suggestion to secure bitcoins from hacker?

How the f**k people think i am begging for a hack. Like some hacker would read this and suddenly start working, because now he thinks it is a good idea. If anything it is a reminder that you should pay extra care to your coins as many newbies and oldtimers are drunken with joy.

[dihari]

Some hackers are move for money reason, some are move for idealism. For bitcoin hack, both types of hackers is exist.
For "money reason" hackers, I see it is fun to get big amount of btc to your wallet for free. And as you (op) said, now the price is a good point to make a move.

[hawkins]

true, I suppose some hackers, return target companies bitcoin as their target. bitcoin see prices rising so fast, it's an opportunity for them to benefit a lot, just as happened in 2013 and 2016 ago. however, I am sure, with no two events are almost the same, surely bitcoin company has designed security systems that they have, so it will not easily penetrated, by a person or a group of hackers.

[Finestream]

Hack can happen anytime, even the price is still half of the current if a hacker has an opportunity to do his thing he would do it easily. I don't think we can be hack if we will just ensure the safely of our holdings, it's our investment so we must take care of it.

Due to the past hacking incident, I'm sure most of us if not all have already learn our lessons.

[shinscarlet]

I am looking for someone to teach me how to hack Bitcoins.

hacking bitcoin? it's mean you want to hack the whole bitcoin? that's probably impossible to be done lad