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Author Topic: Hacking kills the cryptocurrency market  (Read 4435 times)
badaovodich
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September 25, 2018, 07:25:44 PM
 #81

A good discussion topic that I have encountered in the past few months, I have never been hacked nick, but I am also concerned about that. I do not believe in anything and anyone is the maxim in my deal.
Daniel9140
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September 25, 2018, 07:28:29 PM
 #82

Hacking is a negative thing in this market. It makes the market to panic and this is solely because it creates FUD. I haven't been hacked Before because i try to protect my assets very well.
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September 25, 2018, 07:36:58 PM
 #83

That is correct.Hacking is the most important issue in the crypto market. But i didnt hacked before. Because always i am trying to be very careful. i am using hardwares and i am not holding my tokens in exchanges. The most dangerous thing in crypto is icos. because too many peoples scammed during investing icos. i am not talking about scam icos.. during crowdsale periods people face with such big problems like icos websites hack or etc.

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September 25, 2018, 08:48:31 PM
 #84

the whole system has to learn to handle it, no matter if hacking or real crime, the currency may not suffer from startk.

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.


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September 25, 2018, 09:52:07 PM
 #85

Hackers and scammers are the biggest threat to cryptocurrencies at the moment. The hacking of exchanges highly affect the price of the cryptocurrency, but also break-ins purses scare people off and reduce the level of confidence in the cryptocurrency.
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September 26, 2018, 03:22:04 AM
 #86

I have not faced such a problem. Take your coins immediately to your personal wallet after the transaction is correct.

DeltaX
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September 26, 2018, 03:31:38 AM
 #87

the whole system has to learn to handle it, no matter if hacking or real crime, the currency may not suffer from startk.

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

have you learned what has already happened with coincheck? it seems like those are getting affected by that hacked case needs the pressure from the government to make coincheck take all of the responsibility for all of hacked amounts. it looks true consider about the fact that we have seen it that coincheck team refund all of the hacked amounts.
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September 26, 2018, 03:36:33 AM
 #88

Yes, I had about $100 worth of coins on Coinmarkets exchange and they scammed all of us. My advice is go with reputable exchanges and keep only what you need to trade in the exchange the rest keep in a hardware wallet.


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September 26, 2018, 03:42:12 AM
 #89

The number of hacking cases is certainly a matter of great concern, when people get hacked, he will tell stories in various media and this is used by haters to say that cryptocurrencies are unsafe and easy to hack.

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September 26, 2018, 03:43:34 AM
 #90

Previously the cryptocurrency market was still in the bear cycle, but only initiated a corrective rally, not a bull rally. In mid-June, the market looked more stable than other periods in the past two months. However, an unexpected hacking attack from Bithumb, South Korea's largest cryptocurrency exchange. Has ended a market corrective rally and caused a large decline in cryptocurrency in the short term.
gredisgold88
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September 26, 2018, 04:11:33 AM
 #91

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

That is what distinguishes Fiat from crypto currencies, once hacking can eliminate millions of dollars of money.
bitkanu
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September 26, 2018, 04:14:16 AM
 #92

I have not faced such a problem. Take your coins immediately to your personal wallet after the transaction is correct.
Personal wallet can be hacked too if the security measurement is not that tight. Just try some 2 factor authentication or if you want a further security just buy hardware wallet.
Most of the hacking cases I know coming from people who dont care about security at all.

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Benarand
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September 26, 2018, 04:18:35 AM
 #93

Fortunately, I was not hacked yet. I think it's enough to comply with the minimum security requirements and this can provide for yourself from hacking and loss of assets. And as for me, do not keep tokens on stock exchanges.
Flor1982
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September 26, 2018, 04:22:07 AM
 #94

Hacking will trully help to kill the market specially if exchanges are the victim because they will sell all stolen Bitcoin and Altcoins in which it will make the market price value to fall. The worst part is if they sold the stolen coins it will looks like a dumping is just begin that will cause panic to the holders resulting to market to crash again.
manojpatelme
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September 26, 2018, 04:22:34 AM
 #95

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

yes you can say tha hacking kills the market because many people hesited to invest and this hackers later do manipultions too.

I have never been hacked but it can be anyone anytime, so be careful and stay safe.
hdtqisg
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September 26, 2018, 05:35:43 AM
 #96

It is possible to kill the cryptocurrency market if it does not grow and there is no control plan, everything has two opposite sides, can not throw away, can only balance it!
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September 26, 2018, 05:47:47 AM
 #97

Avoiding hacking is impossible, even adhering to all cautions. How many exchanges have already been hacked, and protection there is not the easiest. So we can only hope, like me, that they will not come for such bloodless capital.
Xiaolongnu
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September 26, 2018, 05:54:45 AM
 #98

Hacking does affect the cryptocurrency market but it cannot kill cryptocurrency market.
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September 26, 2018, 05:55:35 AM
 #99

hacked I think up to now lucky for I have never and do not want it. reasonable only when that happens because when it was plunging in the crypto it already would be a risk that must be prepared to face. most importantly do not carelessly storing the private key wallet owned and do not store in online sites. the Exchange will not be liable for the loss incurred.

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September 26, 2018, 06:03:01 AM
 #100

Yeah not only people who got hacked, Some Big exchanges too that's why when the ETH is about to rise in April 2018 there is some big exchange has been hacked so people selling their coins in a dramatic way and the price goes down again until now.

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