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Author Topic: Hacking is the Big Problem  (Read 2398 times)
supermine
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January 30, 2018, 12:46:16 PM
 #61

This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.
I don't think it is not a big problem because we have to use exchange wallets only to store small amount of funds,if we use huge amounts there then it is going to be a big problem.The exchange wallets are really not safe hacking is possibility so we need to keep our funds in wallet with private key access.Traders need to be very careful because they are going to be affected by the hacking.
Now that hacking makes another panic situation around the investors now again the prices are falling.Hoping to see a positive price movement soon.
v0rtecxz
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January 30, 2018, 01:21:57 PM
 #62

hacking is a big enough issue, of course I would not feel safe for any wallet storage, they have various ways to be able to access his victim's wallet, I guess we should not be careless for every step that must be done to prevent bad actions happening on self You, always check the places and sites you want to visit, because not a few fishing sites
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January 30, 2018, 01:56:39 PM
 #63

This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.
I don't think it is not a big problem because we have to use exchange wallets only to store small amount of funds,if we use huge amounts there then it is going to be a big problem.The exchange wallets are really not safe hacking is possibility so we need to keep our funds in wallet with private key access.Traders need to be very careful because they are going to be affected by the hacking.
Now that hacking makes another panic situation around the investors now again the prices are falling.Hoping to see a positive price movement soon.
Yes, problem for the traders who are all making use of the exchanges at its purposes. Hacking will be a very big problem for those who are all using exchanges as their wallets. In the past we have had so many exchange hacks incidents and if we do not learn any lesson from them then there will be no meaning of actively engaging in discussions with this forum.

I remember there was one long discussion about how to avoid exchange hacking problems and from there I have learned many tips on effectively making use of exchanges.
tricker01
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January 30, 2018, 01:58:16 PM
 #64

hacking is a big enough issue, of course I would not feel safe for any wallet storage, they have various ways to be able to access his victim's wallet, I guess we should not be careless for every step that must be done to prevent bad actions happening on self You, always check the places and sites you want to visit, because not a few fishing sites
Well there should always be a legal action that have been done for those people who will caught for hacking an account. So that , the number of hacker will decrease because they will be afraid to face in the court and being guilty in hacking and stealing money from the other.
Hacker should be taught a lesson so they will not do it again , and no one will be a victim.
portotoi
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January 30, 2018, 02:11:23 PM
 #65

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

I also used etherdelta for exchanging my altcoins. But my currency are not hacked. I guess if you are using in any exchanges, you must withdraw right away all your coin and keep in your wallet to avoid being hacked.

CryptoIntegrity
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January 31, 2018, 02:00:14 AM
 #66

If there is one big war the cryptocurrency world is fighting now then it definitely has to be hacking and domain hijackers
coin_1122
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January 31, 2018, 03:22:29 AM
 #67

Hacking makes many afraid about the investment and soon we can see many security features will be released from the companies. So for that we have to wait already hacken company is doing their best to support the companies, who makes partnership with them.
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January 31, 2018, 04:08:16 AM
 #68

this is a big problem, but how can we, be careful choosing a place of payment, find a trusted site for your swallow safe.

3 things you should do:

1. Password make it as complicated as possible.
2. important key computer files with complicated passwords.
3. privacy of all your files into the file ofline and password key. or place the file on your finger shirt.

So much from me, thanks.
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January 31, 2018, 04:45:34 AM
 #69

Recently somewhere I heard that the hackers got to the cold storage wallets ,such as: ledger's nano and some others.Perhaps it was the accomplice ,updated the wallets that were not purchased on the official website .and at various venues.!!be careful if you buy a purse.
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January 31, 2018, 05:02:19 PM
 #70

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?
There is no safe coin in exchanges, if they get hacked and lost the cryptos stored in their exchange i think that's it, all we can do is to move forward and continue with our lives unless that said exchange will refund the investment lost.
that is why i suggest storing in personal wallets for long term hold is better and move it in exchange if you will trade it.

armandoz
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February 01, 2018, 05:31:52 AM
 #71

Yes that is true but in every problem there is the solution and by that happen we become matured and serious about our account we become careful in every move. we will not allow any body to grab our account by being careless.  and bitcoin trying to do everything just to make sure our account are safety but the hacker will do everything just to get our account and money that we invest. We can also help the bitcoin to stop them by not welcoming any site that inviting us to join their site to invest money but not legit.  they make promised a big money return. learn be satisfied what we have and make treasured our account. and the important is we earn money and meet our needs. just be patient and become steward in our blessing.

onrise
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February 01, 2018, 06:01:21 AM
 #72

hacking is a big enough issue, of course I would not feel safe for any wallet storage, they have various ways to be able to access his victim's wallet, I guess we should not be careless for every step that must be done to prevent bad actions happening on self You, always check the places and sites you want to visit, because not a few fishing sites

Actually hacking has created a havoc and huge number of people do not want to enter this space because of the danger that they may lose out the money as they keep listening that even the best of the exchanges are getting hacked or they are doing in purposely that is a different matter but at the end of the day people lose their hard earned money and thus this is a larger cause of concern in this crypto world.

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smoothenough
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February 01, 2018, 06:02:25 AM
 #73

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?


Is amazing how these companys ain't checking security flaws daily, we should know if we don't have the private keys of our coins we don't own em.
guoyu78
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February 01, 2018, 07:27:15 AM
 #74

The is answer is no. You can't really ensure that your money is safe in exchanges cause hackers find vulnerabilities in the system and exploit it even if you have strong password, two factor authentication there's no point once the system is comprised. So the only solution is to trade to some reputable exchanges and quickly do trades and withdraw funds to your wallet.
Trading exchange plays a very critical role in deciding whether all, your money and crypto coins will remain safe or not. All the hackers which are there in this world are trying their best to grasp as much crypto coins of others as they can.

So you need to be very much careful and do not give them such kind chance that they find any such weakness or vulnerability exploiting which can result in loss of your crypto coins.
Rajamuda
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February 01, 2018, 07:41:18 AM
 #75

That's sounds really a big threat, I think for so on will be more and more hackers who're continuesly trying to take a money from our wallet and not just in the exchanger only I guess. Yeah essentially we must really have to strengthen the security of our wallets on the exchanger site/wallet site, antivirus's software is very important to install to our PC.
playboy654
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February 01, 2018, 08:18:45 AM
 #76

Yes that is true but in every problem there is the solution and by that happen we become matured and serious about our account we become careful in every move. we will not allow any body to grab our account by being careless.  and bitcoin trying to do everything just to make sure our account are safety but the hacker will do everything just to get our account and money that we invest. We can also help the bitcoin to stop them by not welcoming any site that inviting us to join their site to invest money but not legit.  they make promised a big money return. learn be satisfied what we have and make treasured our account. and the important is we earn money and meet our needs. just be patient and become steward in our blessing.

Prevention is the only way to make safer your wallet and exchanges if you are in  carelessness your bitcoin is easily hacked and bitcoin is not a real money you can see it only in online so be secure your wallet and don't share your wallet details with your strangers it is highly risky for you.

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February 01, 2018, 08:36:10 AM
 #77

Hacking and robbery are the big problem to solve in the future regarding crypto. The recent news about robberies are alarmimg. If we think that each person with crypto is a bank with legs, than the robbery market increased a lot, because today is no longer need to rob a bank, better know who owns crypto and steal that person, less dangerous and risky to thiefs and equally if not more profitable.

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February 01, 2018, 08:38:21 AM
 #78

Hacking and robbery are the big problem to solve in the future regarding crypto. The recent news about robberies are alarmimg. If we think that each person with crypto is a bank with legs, than the robbery market increased a lot, because today is no longer need to rob a bank, better know who owns crypto and steal that person, less dangerous and risky to thiefs and equally if not more profitable.



you are right. And If someone puts a gun against your head i think that are no passwords and 2FA tricks that can resist to that....
Seeker#9
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February 01, 2018, 09:54:24 AM
 #79

If the computers are poorly managed, they are vulnerable to attacks even by amateur hackers. As the technology advances, hackers are also become more high tech and sophisticated, and they are hard to control unless stronger measures is pursued against them.
There are some effective to avoid being hacked by strengthening your passwords, fortifying your devices with 2fa and always look out for any malicious links or activities like phising sites.
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February 01, 2018, 12:15:44 PM
 #80

Hacking and robbery are the big problem to solve in the future regarding crypto. The recent news about robberies are alarmimg. If we think that each person with crypto is a bank with legs, than the robbery market increased a lot, because today is no longer need to rob a bank, better know who owns crypto and steal that person, less dangerous and risky to thiefs and equally if not more profitable.

If you refer to the latest articles, then it's obviously the stupidity of people feeling the need to brag about their crypto holdings that puts them in such situations. People are not willing to talk about their fiat wealth, and find it even rude if someone is asking how much they have on their bank account, but when it comes to crypto, they are all open about it. Some are even so stupid, that they mention how much they have made in the last years on social media platforms as Facebook, where in their picture gallery there are pictures of their house, family, location-tied posts, etc. If you are looking for problems, then this is definitely the path to follow. How hard is to keep your mouth SHUT?! Roll Eyes
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