RANSOMWARE impact

[btccashacc]

We all know that bitcoin has been used for ilegal activity and also mainstream media always spread negative rumors about bitcoin so for those reasons i think it's not a big deal for the bitcoin because this is not the first time we've passed this situation however. Anyway I'm watching our local news channel that showing ransomware attack a hospitals database in my city which is very cruel and i was like ok this is not bitcoin's fault but i'm just wondering why not monero i mean it's untraceable crypto and more safe than bitcoin well at least more people knew it and it such a free advertisment for the bitcoin.

[Pumared]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

I think the price may fall, but there will be someone who will be interested in the currency and will want to know more. For example, a layman sees in the newspaper "Bitcoin" he does not know what that is and will research more and see that it is 3k dollars, he will want to know more.

[Andre_Goldman]

Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto

THIS IS VERY BAD  

I would not be surprised if the recent -10% move is connected with Wannacry.

Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.

yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.

The fault was in the people who made and leaked this virus, because it obviously isn't home-made, Bitcoin is just a tool they are using to help their scheme not the cause.

Nah, just heard that this virus leaked from NSA (their cyber weapon). So many organisation and government around the world have been infected and result in a loss. Just hope that the hackers will be revealed, I'm sure that his address will always be monitored, even if it's have reached the mixing service. Out of curiosity, if the mixing services were forced by the Interpol to reveal all the data, would they? it's a big question.

Exactly a thing that comes to my mind when mainstream media try to frame bitcoin as "the bad guys tool" are these "NSA's Zero Day exploits" never reported to the vendors and also the NSA let then leak to the public ... is it ethical NSA Hackers to not report vendors bugs to get advantage on cyberwar field ?

ed; typo

[secdark]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

I think the price may fall, but there will be someone who will be interested in the currency and will want to know more. For example, a layman sees in the newspaper "Bitcoin" he does not know what that is and will research more and see that it is 3k dollars, he will want to know more.

It is already falling yesterday and the because of the ransomware virus that is affecting worldwide thats why the price drops and also you are right it is very difficult to track it down. But it would be stop by the experts . We could say that i think they already stop it but it is still affecting most of the cyber people world wide

[Chinesegandalf]

ransomware doesnt look like effecting much on btc, more to alts coin.
so rip shitcoin </3

[Amph]

the problem should not be tracking it, the problem is whoever is the moron that allow his/her computer to be infected

the security issue here have nothing to do with bitcoin but with the user, the last version of this malware is spreading through a security hole of windows, which was already patched by microsoft

many opf these infected people are still running old xp or win 7, which are more vulnerable, so again has nothing to do with bitcoin

[skorupi17]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

This is like "Fiat will fall because of kidnap for ransom scheme" which is a shallow reasoning for me. Fiat is widely used for any type of crime and yet, we never saw fiat fall. Just like in bitcoin, it will not fall because it is used for different type of crimes. Criminals just picked bitcoin for their own reasons and does that makes bitcoin evil? Hell no.

Though the usage of bitcoin for crimes is unavoidable and can even motivate others in doing such acts, we cannot then declare that it will be the wick for bitcoin's demise

[MysticOne]

Question with this ransomware, is this limited to those who are known to be users of Bitcoins or this ransomware attack can happen to anyone. Is there a way to at least see if what you are downloading online includes a ransomware. Is there a way to at least avoid this like activating or deactivatikn some function in your OS.

   Haven't you really heard or read the news at all? This is a widespread global attack! The only reason Bitcoin has came up at all is because it is the method of payment that the hackers have requested. Other than that it has absolutely nothing at all to do with Bitcoin.

   If you install the latest windows updates you should be safe.

[mk4]

I don't see a reason why bitcoin would fall because of ransomware? just because bitcoin is being used it doesnt mean it will have any noticeable impact. probably just bad PR.

[DoublerHunter]

The ransomware made a lot of impact to the bitcoin because i think it is one of the cause why bitcoin price goes down a little bit in this past few days in the market. I read an article yesterday and the ransomware already collected 6 bitcoin in just one account and how much more for the other bitcoin address.

[Clement Kaliyar]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

It is not that difficult to track bitcoin transactions as you could see everything in the block chain and if the hackers try to send those coins then i am sure the authorities will be monitoring every move and they can easily track them if they plan on sending those coins to any exchanges and the coins will be blocked.

[pecson134]

I think it is not bitcoins who have the most impact in this recent ransomware attack but those with confidential files stored on computers which is connected to the internet. This is why those companies with big numbers of personal information just like hospitals were greatly affected and in with this kind of event the usual activities were affected or even worse halted because on the inaccessibility of certain information.

[Pumared]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

I think the price may fall, but there will be someone who will be interested in the currency and will want to know more. For example, a layman sees in the newspaper "Bitcoin" he does not know what that is and will research more and see that it is 3k dollars, he will want to know more.

It is already falling yesterday and the because of the ransomware virus that is affecting worldwide thats why the price drops and also you are right it is very difficult to track it down. But it would be stop by the experts . We could say that i think they already stop it but it is still affecting most of the cyber people world wide

Yes of course, but see the good side, even if it is difficult, people are looking "What is bitcoin"

[Amph]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

It is not that difficult to track bitcoin transactions as you could see everything in the block chain and if the hackers try to send those coins then i am sure the authorities will be monitoring every move and they can easily track them if they plan on sending those coins to any exchanges and the coins will be blocked.

a somehow wise hacker would not send anything to an exchange, unless he can manage to mix the coins stolen properly, otherwise he would sell privately in real life, and would be impossible for anyone to track him

besides there is no connection between the address he used and his real identity, so the tracking would be pointless

[Qartada]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

It is not that difficult to track bitcoin transactions as you could see everything in the block chain and if the hackers try to send those coins then i am sure the authorities will be monitoring every move and they can easily track them if they plan on sending those coins to any exchanges and the coins will be blocked.

a somehow wise hacker would not send anything to an exchange, unless he can manage to mix the coins stolen properly, otherwise he would sell privately in real life, and would be impossible for anyone to track him

besides there is no connection between the address he used and his real identity, so the tracking would be pointless

You can track the blockchain transactions, but you can't track every person that makes them.  Hackers are the people who will put the most effort into keeping themselves anonymous, therefore the most basic tracking will have little effect.

It's hard to underestimate how good governments are at tracking people but the question is who will they be tracking?  It probably won't be the real hackers, and instead be a scapegoat that they're using or something.

[qiman]

I do not think Bitcoin price will be impacted because of this. Fiat has been used for thousands of years to commit crimes. Drugs, Thugs and Mafia were here long before Bitcoin ever came to the scene. It has just become another currency where criminals can enjoy stealing and earning from.

[Orielres]

Question with this ransomware, is this limited to those who are known to be users of Bitcoins or this ransomware attack can happen to anyone. Is there a way to at least see if what you are downloading online includes a ransomware. Is there a way to at least avoid this like activating or deactivatikn some function in your OS.

This can happen to any one. The ones who had not known bitcoin before will become bitcoin users later.

[L00n3y]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

Since bitcoins usage in Silk Road, bitcoin is already labelled as a dark money to some. Well I guess is fiat makes no difference, for example fiat is already been used as a ransom in different part of the world and as a digital money, bitcoin can be used in such a way too but that doesn’t mean that it bad. The people who do that are bad not the bitcoin itself. Or maybe the government perform such act to make bitcoins name popularity bloom but in a mean way, who knows? Or it is such an act to cover up something more serious down there.

[arimamib]

Will bitcoin be more famous with the existence of this ransomware virus?
Hopefully with the increasing popularity of bitcoin will make bitcoin prices rise.

[Chinesegandalf]

Will bitcoin be more famous with the existence of this ransomware virus?
Hopefully with the increasing popularity of bitcoin will make bitcoin prices rise.

maybe yes maybe not, peoples will start thinking and doubting bitcoin.
they will think bitcoin just a coin for people to be "invisible" in bribe and many more of bad stuff.
hopefully government wont say something stupid about bitcoin thou.