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Author Topic: Hacking kills the cryptocurrency market  (Read 4441 times)
coin-investor
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September 26, 2018, 06:07:30 AM
 #101

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.


Unfortunately, this is the cryptocurrency's biggest issue, everytime there are news about exchange hacking incident, the price of major altcoins are going down after 4 years since Mt. Gox there's still a lot of hacking incident we are now questioning is this some sort of inside job.

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annicketucufaw
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September 26, 2018, 06:12:36 AM
 #102

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.



It is also one of the main reason why cryptomarket is on a dip. These kind of news are being used by the manipulators to scare of people and buy coins in a very low price. Those who have weak hands will fall from the trap, especially those who are new in the industry. I haven't been hacked yet which is a good thing and I don't want it to happen to me. I really thought crypto isn't hackable and the security features are great but I am doubting now. Hope in the next few months, my fate will be restored.

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YMaverik
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September 26, 2018, 06:14:16 AM
 #103

now a lot of scams around, not only in the telegram. in any social network a lot of them, and do not tell anyone your keys, and even more so to send someone coins. be careful.
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September 26, 2018, 06:20:14 AM
 #104

Yeah,  hacking seems like killing crypto currency markets, because if hackers attact the exchange site, they can get a bounch of altcoin inside, and they will sell all the altcoins they got. Meaning the market will drastically falls down again by this action.

Thats why i didnt stored too much coins inside the exchange site to avoid of loosing coins when get hacked, honestly i didnt get hacked yet and i dont want to, so i clearly set all the prevention method to avoid of being hacked.
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September 26, 2018, 01:53:56 PM
 #105

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.


I have not yet any experienced of hacking because I've been very careful with my private key of Myether wallet but l have read plenty of news regarding hacking incidents of some exchange, and this is really killing cryptocurrencies since everytime there is hacking happen , the price of cryptocurrencies particularly Bitcoin and altconi were in dip .

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September 26, 2018, 02:14:54 PM
 #106

I believe that the risk of losing your money is everywhere and crypto-currencies are not exceptions, but this can not be said that this factor "kills" the industry of crypto-currencies, since if you follow all security measures, nobody will steal your coins.
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September 26, 2018, 02:25:06 PM
 #107

when you being poor you cannot afraid hacking because you have nothing to lose. when you rich you have power you can protect your wallet. but if you are stay the middle of this two you should afraid of getting hacked.
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September 26, 2018, 02:32:19 PM
 #108

Hacking adversely affects the electronic money market. They can steal your password or wallet. Causing panicked for many people to invest in electronic money. Is there a way to get rid of the hacking.
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September 27, 2018, 02:24:07 PM
 #109

When the marketing foundation is strictly monitored and maintained, hacking would be nothing. That why appointing a marketing agency for an ICO would greatly help, these experts on the field could avoid such hacking or scamming issues on the ICO social networks. If you are looking for the best one, try Crowdcreate (www.crowdcreate.us) they offer a free consultation at first on how you can venture your ICO journey.
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September 27, 2018, 04:53:24 PM
 #110

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.

I agree with your opinion that hacking prevents large investors from entering the market. Unfortunately, no one is insured against hacking, but it would be nice to develop a mechanism for insurance of crypto-currency investments and funds stored on stock exchanges. Answering your question, I will answer that my wallets were not hacked, because I initially apply maximum precautions.
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September 27, 2018, 04:55:59 PM
 #111

I was lucky because exchanges of which I use during their use were not cracked. But I do not exclude such succession of events. And on it I advise to choose more nadezhdy exchanges which watch safety for trade.

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September 27, 2018, 05:07:24 PM
 #112

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.


I would agree to that. The fear of getting hack is one of the reasons that drives people away from investing in crypto. That's why platforms should step up and improve their security.
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September 27, 2018, 05:08:45 PM
 #113


I did not encounter burglary, but I made mistakes, namely, I sent the coins to the wrong addresses of other coins, thereby losing them all.

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September 27, 2018, 05:11:43 PM
 #114

Well, the fact that this is a new venture and it's on the digital world, we're highly liable to numerous hack attacks. Ideally, the occurrence of hacks keep on reducing gradually and that means we're legitimately and gradually gaining control and power over our property. The same thing happened to the stock markets when it was growing up and so i think this is no new news. In view of that, we need to be very careful of how we secure our coins and various investment websites or accounts.

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September 27, 2018, 05:12:45 PM
 #115

Because our crypto wallet is our responsibility, we need to be more careful, Hackers and scammer are around waiting for getting our hard earned money. I try to put my main crypto money into a hardware wallet which is more secure. For the rest of them I have several addresses for hawing low risk. I try to not keep my crypto into an exchange for a long term. I am happy I did not lost anything by hacking, but ı am still wondering what i can do if i get hacked.  

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September 27, 2018, 05:16:04 PM
 #116

When scammers quickly sell what they stole, it hits all over the crypto world. I lost my tokens in CoinsMarkets crypto exchange, they didn't give anything back.

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September 27, 2018, 05:26:36 PM
 #117

Uptil now, I have not faced such situation and hope that I will not face any. But I have heard a lot about this from many people and they never get their coins back.
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September 27, 2018, 06:46:26 PM
 #118

I have not yet been hacked, but I also think that fraud and hackers are one of the most important threats to cryptocurrencies. Forum literally filled with messages about hacking, this happens too often.

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September 27, 2018, 07:20:38 PM
 #119

I didn't get lucky. My wallet was hacked.  I was find these guys, they're here on the BTT.
They don't stop and continue to take out from the wallet all the coins that still come  from the bounty's work. And it's sad.
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September 27, 2018, 07:26:51 PM
 #120

i have never been hacked. *touchwood
i am very careful with the token storing part.
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