The influence of hackers on the movement of price is crypto-currency.

[creeps]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

Most often hackers can't do anything unless you are giving your personal private keys to them. Most of these issues are been manipulated and is not real of hoax only so that it can create FUDs and often triggered the weak-hands people to sell their token into low prices.

Hackers don't just hack any personal wallet they can actually hack the whole system of an exchange and that is what happening in the past. Basically hacking incident can affect the price of cryptocurrency because it literally creat FUD's and the result is a dumping market. I wonder if all the news about hacking the exchanges is true or its just an inside job.

[audaciousbeing]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

The extent of influence on the price is largely determined by the amount of funds involved and the exchange in question. The whole singular hacks on exchanges, wallets, or scams are not enough to cause any issues in price. In the past couple of months, I have read reports about several exchange sites being hack Asia and the amount as high as $30 million but the market just moved on as if nothing happen but if the same $30 million dollars is put at risk on a site like Poloniex or Coinbase even Blockchian.info and its not handled the right way such as ensuring releasing a statement to downplay the event and promise of adequate compensation and the same time boost the confidence of people that such occurrence have been forestalled, but leaving things to chance for it to be leaked to the media, its surely going to cause some serious crash in the market price.

[Dimon888]

Hackers conduct attacks on crypto-exchange to steal tokens, and also to influence courses кpиптoвaлют. The likelihood of attacks in recent years has increased significantly. The decrease in the rate of the crypto currency in the market after the cyber attack is connected with the panic of market participants. State regulation or the limitations of the crypto industry in individual countries have a much stronger effect on token rates than cyberattacks.

[Proton2233]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

I very rarely hear that hackers are breaking into personal wallets. All these cases occurred through the fault of the owners of wallets. Hacking is a very long process that can last more than one year and a large group of hackers is working on it. They're not gonna break into a wallet to get a couple hundred bucks. Their interest in the exchange so I never keep coins there for a long time.

[hugeblack]

It depends on the fame of the platform and the number of stolen bitcoins.
In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.

[CryptoAssasin]

I am not really sure how does a security of trading platform works but I am pretty sure that most of them are tighten their security against hackers. If there are trading bots created, there might some bots created to track questionable trades and withdrawals. Once detected, that account will be in quarantine or will be in further investigation. Hackers will get hard time to manipulate the price of an altcoin.

[jayhawk1]

I believe that they do not manipulate the price significantly. In my opinion it is unprofitable for them to lose a bunch of time to break the baskets, and then for nothing to sell all of it. Here, most likely, they simply roll over all the tows, broadcasters, bitcoins to another baskets, and then they are already selling.

For them, everything is basket. They can get into anything that is available on internet. Right now, as maximum of survives are being granted through internet, you can’t just hide yourself form them. So better is to make strong system and then try out best practices that can save you from any sort of attack. Things are very fine and fair but need to focus on things to make them better.

[jeronimosuykens]

It depends on the fame of the platform and the number of stolen bitcoins.
In the past, Bitcoin/cryptos were limited, so any process that leads to a medium-term decline in the price.
At present, with multiple platforms, cryptos have become more powerful and less affected by this type of hacks, even the biggest one that could affect the price for a limited period of "10 days at most."
I am talking about famous cryptos and not all, some of the shitcoins may collapse if any hacks occur.

The first thing it confuses the market, by the bad news. It will directly affect the market with ignorant people. There are also touts of property frauds or criminals infiltrating the system. Put all your money in your pocket. Sadly for them, there will be worthy results.

[CarnagexD]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

When they hack your account, that has nothing to do with price.the only time I think it can affect the price of cryptocurrency is when they withdraw it. But wait… there is a difference between selling and withdrawing.

There will be much impact to the price of cryptocurrency when you withdraw, unlike selling it. So if they withdraw it will also affair the price and make it to go down. Uh-huhm…I think the bad activities of that are being done hackers affects bitcoin.

  The influence of Hackers on the movement of price in crypto currency market is just a small percent, But it creates additional fear factors or Risk factors on investors, although the main consideration that affects the market movement is the Volume of investment made by the investors on crypto currency market. some other indicators that affects the market movement is the ups and down of crypto are the issues confronting Bitcoin like the issues on Banned, and Regulation by the government financial institution whom critical  about crypto currency digital transaction.

[a4techer]

Hackers was in anywhere and everywhere so i think this is one of the reason why the value in market was false becausw of in last few months those hackers got a huge amount of bitcoin so we hope that those hacker was eliminate because they are so greedy in money they use ilegal way to earn they don't want to earn fair.

[Indrawan77]

If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again  so I will say the hackers impact only temporary and not too affecting the market

[marcbitcoins]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

Yes of course, specially if they really successfully stole a huge amount of Bitcoin and sell it right away in which it will make the Bitcoin price and the Altcoins market to be  affected to fall down for sure due to selling. Like what happen last months Bitcoin crashes that i don't believed that this was due to big whales manipulation or the real demand is still low but this was due to stolen Bitcoin and Altcoins from Bancor and Korea exchanges that just been sold.

[daarul50]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

If the sales made by these hackers in large quantities are clear and will certainly affect crypto price movements in the market. Because these activities will affect both selling and buying demand. In addition, news of the hacking will reduce investor confidence so they withdraw their investment funds to crypto and thus investors indirectly follow in the footsteps of hackers to sell the crypto.

[droptableguy2]

If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again  so I will say the hackers impact only temporary and not too affecting the market

Hackers and media criminals target ignorant people. Greedy people are often trapped. Remember the news that needs to be selected to minimize risk. And we need to take measures to protect our assets and limit the potential for fraud.

[MinerHQ]

If you are talking about a hacker hack a personal wallet with small amount then it wont have too much affect, but if the hacker is hacking the exchanges or wallet site then the price will got a huge impact, but usually after few weeks the price will recover again  so I will say the hackers impact only temporary and not too affecting the market

Hackers and media criminals target ignorant people. Greedy people are often trapped. Remember the news that needs to be selected to minimize risk. And we need to take measures to protect our assets and limit the potential for fraud.

Yes, we have seen many people on this forum saying that their accounts are hacked and transferred their coins to other addresses. That means hackers not only target big exchanges but they can hack any small amount as well. So we need to be careful about our online activity and protect all our personal data. Don't provide your personal data for any untrusted sites, don't click any suspicious links or don't download things from online which you don't know who has uploaded it and protect your PC with good antivirus software. 

[jhonvir666]

I really believe that they do not manipulate prices more expensive. and for me this should not benefit for them to lose it a whole hour to tear it in, and then to sell it all out. In my opinion, they neglected all the breakers, announcers, and bitcoins in all the baskets, and then it would be like a shopper like everyone else's sell in a market.

[Kemarit]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

Definitely. Any negative news like a trading exchange being hacked brings some dent on the price. It creates chaos and panic and people become nervous and immediately push the sell button. I have never seen a hacking news that didn't affect the price movement, but then again the effect is short-lived specially after the dust has settled and post-mortem reports is published.

I am not really sure how does a security of trading platform works but I am pretty sure that most of them are tighten their security against hackers. If there are trading bots created, there might some bots created to track questionable trades and withdrawals. Once detected, that account will be in quarantine or will be in further investigation. Hackers will get hard time to manipulate the price of an altcoin.

Even if the security is being tighten, hackers is one step of the game. Mind you they are very intelligent but its just sad that they used their talent to steal money. I think what you described is the Binance hacked, yes, they immediately halt withdrawals causing the hackers lose money and didn't steal something. But a lot of hacks has been successful in the past.

[r32godzilla]

Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These crypto currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

No hackers don't affect price by selling as they would be selling them gradually in smaller volume and not as a whole.

[juljon18]

Overall I feel like the hackers are a low mover of prices and the markets.  Much more devastating or positive to the prices is the media.  This ETF situation is in full out craziness right now.  The hackers are there and you need to be careful but with tight security you can limit the risks. 

[Jonsnowstark]

I think hackers only increases fear from the people who have only little knowledge about bitcoin. I think their effect is more like with fud. The more hackingincidents there are, the lesser volume we will.have in trading cryptocurrencies. The more people withdraw their money out of fear and stop trading. These lack of movement would only result to leser deman for crypto and thus lesser price.