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Author Topic: Hacking is the Big Problem  (Read 2395 times)
InvestICO2L
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April 07, 2018, 02:32:11 PM
 #401

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?
We can't ensure that our money is safe on exchange sites. If you're have knowledge about security then you can withdraw all your token in exchange site to private wallet but this also can ensure that your money will quite safe. The best we should use the big exchange site like Binnace, Bittrex, as far as i know they are two site which have Security team extremely good and still haven't been hacked.
Supercrypt
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April 08, 2018, 05:59:33 PM
 #402

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.
Yes it’s good to keep your funds in your wallet than keeping it in exchangers, but don’t you think that even personal wallets can also be hacked? I have seen wallet providers complain about their security being breached. So no place is 100% safe (unless, maybe offline wallets can be safe from hacking) there are some security measures you have to maintain if you don’t want to have your wallet hacked by these monsters.

We can't ensure that our money is safe on exchange sites. If you're have knowledge about security then you can withdraw all your token in exchange site to private wallet but this also can ensure that your money will quite safe. The best we should use the big exchange site like Binnace, Bittrex, as far as i know they are two site which have Security team extremely good and still haven't been hacked.
Hmmm, you’re right in a way– cause keeping your cryptocurrency in exchangers is kind of a risk. You should only have them in exchange whenever you want to trade with it, apart from that, you should have it stored in your personal wallet. But even if you have them stored in your personal wallet, you still have to be careful and avoid things like opening mails from an unknown sender.
gurang
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April 09, 2018, 02:05:06 AM
 #403

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?

yes, we know that hacking someone's account is such a big problem because they can get and should be and they tend to benefit from it like your acc in bitcoin if it is that they're hacking it's very sad because it's one that will help you and will be able to lift you. so keep safe your account.
josh07
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April 09, 2018, 02:19:50 AM
 #404

it is true that this is really the number one problem of hackers users because of the people who are rich and thieves who are the problem because in a moment they will lose all your hard work so all the hackers in the world can become karma and suffer for life.

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April 09, 2018, 06:00:16 AM
 #405

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.
No one can harm you in anyway until and unless you yourself give them a chance of taking away your money as well as all your details which can then help them in snatching away your money from you. You need to be sure that you are dealing with the right person and that no one other than you know anything regarding any of your important credentials which he can then use to hack your wallet.
Cloak1
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April 09, 2018, 03:44:45 PM
 #406

Cryptocurrency exchanges are for exchanging coins, not storing them for a longer period of time. To keep in mind, don’t leave your money in an exchange for a long time. Once you buy cryptocurrency in the exchange, just immediately keep it in your personal wallet. The most important thing is keep control on your private key, never give your private keys to anybody.
surbanaB
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April 09, 2018, 03:50:50 PM
 #407

You don't. Hacks target the exchanges wallet by finding exploits and not the user accounts separately. If you want your funds to be safe, use exchanges for trading only and withdraw to your personal wallet.
To speak frankly, hackers is considerbly dangerous, their skill is very flexible and quick. When they have aim to get your wallet, it’s hard for you to keep your wallet. If you can get away from hacker, you must be good in IT. This is the trouble which makes many users get panic about their account. To keep away from hacker, you can put the crypto on cold storage and tight it at secure location. In addition, you have to keep your crypto on exchanges for active trading only. In anyway, In this crypto market, you have to prepare for the loss ,this market is absolutely risky.

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April 14, 2018, 06:41:13 AM
 #408

to sozheleniyu any lock can be hacked, what would you do and how would not try to have a chance that you will be robbed Sad

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JonathanHalmas
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April 14, 2018, 10:21:16 AM
 #409


hacking and hackers is a big problem of anyone, of any government and any exchange or wallet that are online based.
Even before that there are no crypto yet, there are hackers all around the world and they are a big problem for people.
Now that currency online is a big factor in the community, hackers now are being a worse problem
btcdiggingmaster
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April 14, 2018, 10:49:14 AM
 #410

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

Exactly it is always good to have private keys for storing them in our personal wallet, otherwise, always looks to steal the coin which is not secured. So we have to be very careful when dealing with the exchange in order to protect yourself by safeguarding your coins.
MidKnight
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April 15, 2018, 08:59:55 AM
 #411

Yes, for an individual but for an exchange or trading site it is not. Hacking can only be a problem if you have no knowledge about security. Just look at banks that also operates digital transaction but the hack is only between the users and not inside the bank itself.
iv4n
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April 15, 2018, 09:46:30 AM
 #412

Yes, for an individual but for an exchange or trading site it is not. Hacking can only be a problem if you have no knowledge about security. Just look at banks that also operates digital transaction but the hack is only between the users and not inside the bank itself.

But if you get into the bank and use their computer you can hack them, very system have a flaw and almost every system can be hacked, one way or another.
But why to worry about it, if you ate afraid then don't keep your money there, use some offline wallet and you will be safe from hacking, buy if someone point a gun into your face you will be forced to give him your offline wallet, that is the some kind of hack too.
Don't live in fear from bad things, they can happen to anyone anytime, there are ways to protect yourself until si point, use that, be smart and avoid traps and you will be fine. Even if something bad happens don't fall into despair, learn from mistakes and keep your head up.

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Activitycoin
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April 15, 2018, 10:48:30 AM
 #413

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

Exactly it is always good to have private keys for storing them in our personal wallet, otherwise, always looks to steal the coin which is not secured. So we have to be very careful when dealing with the exchange in order to protect yourself by safeguarding your coins.
Yeah bitcoin wallet private key is the most important thing in bitcoin world after using bitcoin as your investment you will have to take care of your private key, don’t share it with anyone if you will keep it safe then you will surely reduce the chance for hacking, there are a lot of wallets for bitcoin which keep pour bitcoin safe from hacking. I use the best ever wallet blockchain for saving bitcoin, I hold my bitcoin and I am sure it will never get hack, I can save it as long as I want, my future will shine with my bitcoin earning.
brooklynian
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April 22, 2018, 03:33:57 PM
 #414

Hacking is a major menace that the whole wide world will have to deal with. Exchanges have lost billions of dollars to hacking and individuals as well have lost quite a sum. That is why I support cryptocurrency regulation in a way as it will spell out the operating security standard. The earlier the better.
zuyfg888
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April 22, 2018, 03:39:18 PM
 #415

Just like what happen to me. My account have been hacked before year ends, suddenly I have recovered it. From now, I have a red trust, I am not responsible for selling accounts, but the hacker do some ridiculuos things. He set my account to be on sale. I dont know what on his mind. Dont know what will happen next, we are protecting our own account, but hackers can do a lot of things.
rawafe
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April 22, 2018, 04:59:17 PM
 #416

The cryptocurrency market seems to be growing in popularity every day. With the astronomical rise of cryptocurrencies like Bitcoin and Ethereum, there seems to be an influx of people into the market. Many cryptocurrency exchanges cannot even afford to have their account creation feature open all the time. Such is the demand for entry into the market that trading account creation for new customers is periodically disabled.
daarul50
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April 23, 2018, 11:07:31 AM
 #417

I never keep an asset on a stock exchange wallet for long periods of time, too risky to keep an asset in a 24-hour service. I prefer to keep assets in official wallets and tend to wallet offline, I only use the stock exchange wallet only when I want to sell or buy a digital asset.
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April 23, 2018, 03:06:24 PM
 #418

Hackers are people who are hated by everyone in this world. Hackers can come anytime and take our money at will without permission. To make sure our money is safe, we must ensure that our wallet storage is secure from the people around, and storage can be done in hardware that is not connected to the internet, so as not to be detected from hackers virus when we are online.
rye18
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April 23, 2018, 04:34:15 PM
 #419

Hackers are people who are hated by everyone in this world. Hackers can come anytime and take our money at will without permission. To make sure our money is safe, we must ensure that our wallet storage is secure from the people around, and storage can be done in hardware that is not connected to the internet, so as not to be detected from hackers virus when we are online.

Yes this is really a big problem to all of us because hacking activity is very ramphant  world wide and we can't sure now the safety of our investment which is currently protected by simple keys generated by a computer system.
jrrsparkles
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April 24, 2018, 05:21:30 AM
 #420

Hackers are people who are hated by everyone in this world. Hackers can come anytime and take our money at will without permission. To make sure our money is safe, we must ensure that our wallet storage is secure from the people around, and storage can be done in hardware that is not connected to the internet, so as not to be detected from hackers virus when we are online.
I don't understand your concept about hackers,if there is someone hated by everyone means there are hacker?

Hackers are who are well developed in the skills of commuter who uses their knowledge to make money easily by stealing the money through technologies,but it is not a big problem here because crypto currencies cannot be hacked only they can be stolen if you keep it in a unsecured place.









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