TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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September 21, 2018, 10:11:20 PM |
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I think it could also be stolen since hackers hack this exchanges for profit or get money from it and most of what you stated have value. So, in my opinion I would rather put my coins in a wallet rather than in an exchange.
You are right, we shouldn't store on the exchange because not only hackers but also the exchange itself may collapse. This is common knowledge and people choose to store in their wallet (no exchange wallet) when they want to hold coin long term. A verified exchanges when declarimg that they are bankrupt or going to close down their services will usually make an announcement so that people could withdraw their coin and at the same time giving time for people, but the fishy ones are not so beware. |
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Whoever mines the block which ends up containing your transaction will get its fee.
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alihassan99
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September 29, 2018, 07:19:17 AM |
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There is nothing safe 100%. There are just safer place to store assets. I just do not put all my eggs in one bag.
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goffbar
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September 29, 2018, 07:28:18 AM |
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Yeah, it possible and that was many cases about it. Just find safe exchange for you but never store your money on it. Wallet are better to keep your money safe.
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bestpikka
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September 29, 2018, 07:29:35 AM |
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I think it could also be stolen since hackers hack this exchanges for profit or get money from it and most of what you stated have value. So, in my opinion I would rather put my coins in a wallet rather than in an exchange.
You are right, we shouldn't store on the exchange because not only hackers but also the exchange itself may collapse. This is common knowledge and people choose to store in their wallet (no exchange wallet) when they want to hold coin long term. A verified exchanges when declarimg that they are bankrupt or going to close down their services will usually make an announcement so that people could withdraw their coin and at the same time giving time for people, but the fishy ones are not so beware. when all that will happen, in my opinion, there will also be information beforehand and therefore when we have committed to enter the world of exchange we must always follow the latest information so that we can anticipate it. |
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Tosyn2
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September 30, 2018, 07:49:01 PM |
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I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.
An hacker will not leave coins like that in an hacked wallet, example of coins you sighted possess great value so, if exchange got hacked those tokens you mentioned will disappear. |
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powerman24
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September 30, 2018, 10:24:15 PM |
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On exchanges hold only the coins you want to trade with as it is not the secure place for storing your coins.
Exchanges can be hacked and your funds stolen. The good thing is that exchanges started to refund their
customers if it happen but that is not a guarantee. Other thing what can happen that the exchanges can be blocked (investigation , government ban etc) and your funds got stuck.
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passwordnow
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September 30, 2018, 10:27:03 PM |
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If the cold storage will be hacked as well including all the coins then there's no one left for you.
But like the other exchanges policy if ever something bad happened to the exchange, they are eligible for that loss and you deserve a refund.
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jpoker272727
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October 04, 2018, 12:11:13 PM
Last edit: October 23, 2018, 08:14:44 AM by jpoker272727 |
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If the cold storage will be hacked as well including all the coins then there's no one left for you.
But like the other exchanges policy if ever something bad happened to the exchange, they are eligible for that loss and you deserve a refund.
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wakeham8
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October 04, 2018, 12:14:57 PM |
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There were are lot of interesting stories. But in general, nothing stop the hacker to steal all other coins. They are just getting everything that they can. In the most cases it is Bitcoin, because it the number one crypto.
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Weirdwas
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October 10, 2018, 05:18:26 PM |
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If an exchange gets hacked then that might mean that many of the coins that are being stored on the exchanged will get stolen, and that also mean that a lot of persons would be losing all or most of their investment. This isn't something that we could wish on ourselves, and as such, I would like to rule out the thought of this.
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(o)(o)ilikeboobs(o)(o)
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October 10, 2018, 05:33:18 PM |
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I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.
at first, all the big account would be zero out. and yes, all that coin you can not reverse and you lose them for good. it might not effect too much if the exchange is small. if it's big, market would dump for a while. |
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Pappy_1_
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October 10, 2018, 05:45:13 PM |
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It is very dangerous to keep coins on exchanges. I prefer to put everything in my wallet. Exchanges are hacked too often and people are often not compensated.
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jpoker272727
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October 23, 2018, 10:39:05 AM |
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I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.
at first, all the big account would be zero out. and yes, all that coin you can not reverse and you lose them for good. it might not effect too much if the exchange is small. if it's big, market would dump for a while. Isn't it risky TBH to link your ethereum wallet and giving private key to someone else you don't know or have no info who is managing your money?
I have not heard for IDEX but I'll check it now but I've been using the Poloniex exchange for years and I think that I'm happy with them also using their mobile client which is great too. |
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Stervyatnik
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October 30, 2018, 02:50:33 PM |
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Usually, hackers break open in pursuit of a certain coin, and for this purpose an attack occurs!
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jakiro.hovard
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October 30, 2018, 03:45:32 PM |
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There were so many cases that the exchanges were hacked and did it very quickly and the most important thing is that today they did not find anyone who was a hacking party, do you understand what it looks like? It seems to me that today it seems that the exchanges are hacked artificially.
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CHE}|{OK
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Merit: 100
The New Pharma-Centric Marketplace
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October 30, 2018, 03:46:42 PM |
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I was just wondering about something. From time to time we see exchanges get hacked, with a big loss of Bitcoins for the customers as a result. However, I was wondering if the other coins and tokens you are invested in disappears as well? Let's say Ripple, Zcash, Monero etc.
If your account is hacked then you are likely to lose all the funds that are stored in your wallet and does not matter bitcoin is or some other currency. And all the money on the stock exchange it is better not to store |
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elitemobb
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November 19, 2018, 05:24:14 PM |
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Of course, hacking the exchange is a serious problem for everyone, but you know that it is not necessary to keep your money on those exchanges in which you are sure that there is a high level of security, for example, even if the exchange is hacked, you will be returned some of your funds.
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ciang huang
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November 19, 2018, 06:57:11 PM |
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in my opinion it is very dangerous to store tokens or coins in the market because this will cause very easy hacking by irresponsible parties. you should save the token through a hardware wallet that cannot be hacked.
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ridertiger
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November 22, 2018, 01:06:30 PM |
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This is what I learned. They do not need to be hacked. They can just delist your coins and you will lose them.
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Koadharber
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November 22, 2018, 05:46:53 PM |
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This is what I learned. They do not need to be hacked. They can just delist your coins and you will lose them.
They don't need to be hacked? Even if they don't wanted to those exchangers aren't really hack-proofed. All of them even the reputable or popular ones can really be hacked anytime and its inevitable. The only thing here as an investor or user on these platforms you should know the risk on storing up your assets into that place. |
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