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Author Topic: Hacking kills the cryptocurrency market  (Read 4489 times)
SaoAccel
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November 03, 2018, 12:55:39 PM
 #241

Never had experience once because I always read FAQs in Exchanges and in wallets. Another thing that I usually do and will not do are: I don't trust sites that promise returns in exchange of your private keys, websites that requires you to use your private keys and lastly KYC from ICOs which asks for your credential which is a big NO for me.
Kelvinovie2
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November 03, 2018, 01:24:01 PM
 #242

I do think most of the previous price slump we had in the past that brought down the BTC price was as a result of two things government and hackers.
Japinat
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November 03, 2018, 01:32:43 PM
 #243

I think that is not the reason, crypto market is still alive and kicking because we are making it possible.
Hacking can happen from time to time and over time it will only make the crypto market stronger since they will improve once they get hack.
I still think that crypto is the safest due to decentralization and it could give us equal opportunity to enjoy the platform as a user, an investor, or both.

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sorrros
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November 03, 2018, 01:37:49 PM
 #244

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 think that hackers are improving the safety of cryptocurrencies over time. If there are no hackers, then there is no security updates, there are no hardware wallets.
So, maybe it is not good for some individuals, but hackers are needed for healthy development.

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Herdirfauzi
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November 03, 2018, 01:46:42 PM
 #245

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 been hacked twice, and it feels really painful, because I have to lose assets that for 2 months I got from the bounty, but I don't know what caused the hack, there are some tisps that I got from my friends to avoid hackers,
1 don't clink the link carelessly
2 get on the market that has security features using Google Authenticator.

Aiberg
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November 03, 2018, 01:48:37 PM
 #246

This your accessment is quite correct, I once remember reading a news article that claims that even Ian Balina's was once hacked, I didn't confirm if this information was true or not but it just goes to show the terrible rot that is disguised as Assets hacking and it would lose a big problem in the future if not tackled now.

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dunfida
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November 03, 2018, 01:51:25 PM
 #247

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 think that hackers are improving the safety of cryptocurrencies over time. If there are no hackers, then there is no security updates, there are no hardware wallets.
So, maybe it is not good for some individuals, but hackers are needed for healthy development.

You do really have the point and its already been part of the ecosystem where these hackers do really have corresponding reason why they do exist. For greedy people
its been always be part of the human nature to steal out money of other for easy money without exerting too much effort and that's why security enhances overtime and upgrading
because of these hacking incidents.

chris.ladd
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November 03, 2018, 02:12:16 PM
 #248

yes many peoples are scared about hacking , we must findout the perfect solution for it !!
coinmaster241
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November 03, 2018, 02:23:52 PM
 #249

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.

1. Once
2. It is definitely missing the coins I have on the exchange site
3. Nothing

I think it's better to guard than to lose, keep your account well while you can, install some security to secure your account if you can
zk-SNARK
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November 03, 2018, 02:28:19 PM
 #250

Yes hacking kills the cryptocurrency market because too many people dont start investing in that space. they are afraiding of the hackers and scammers. they can not feel themselfs safe. That is really really bad for crypto market. we need to provide some safe space to new investors. If we can do that i believe there will be too many new joiners.

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jpnl0008
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November 03, 2018, 02:30:40 PM
 #251

Yes it almost happened to me recently and its good most times when you ask questions about things you do not understand certain things i was desperate to do kyc for a bounty program i missed doing their kyc so i thought i had an opportunity to make up for it but the process was strange is stopped the whole process and later found out my wallet would have been hacked
Ranly123
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November 03, 2018, 02:32:05 PM
 #252

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.


So far I have never been hacked and hopefully I will never be hacked. Of course being hacked is painful but you will never be safe if you are too negligent to you important data and documents. So the best way to avoid being hacked is to stay safe and avoid logging in to suspicious sites.

xp.rie
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November 03, 2018, 02:50:19 PM
 #253

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.



anything on the internet can be hacked, but of course it's not easy someone must have special expertise for that,
sometimes problems with exchanges are not hacking for now. but the traffic jams are very slow to enter the stock exchange.
the rest you must prioritize the safety of your pc to be healthy
Inkdatar
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November 03, 2018, 04:30:39 PM
 #254

Yes it almost happened to me recently and its good most times when you ask questions about things you do not understand certain things i was desperate to do kyc for a bounty program i missed doing their kyc so i thought i had an opportunity to make up for it but the process was strange is stopped the whole process and later found out my wallet would have been hacked
These happen in crypto world that hacking are really spreading anytime. This is really important that we must be careful in doing activity online in crypto. Because of the case that we might hacked our wallet so better we are safe to avoid hacking.
vertinfos
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November 03, 2018, 04:55:29 PM
 #255

Yes hacked once lost all funds, it was a wallet mew, then somewhere I can see showed accidentally your private key, of course because of this did not want to continue but was able to find the strength and go
Sangkuni
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November 03, 2018, 05:00:13 PM
 #256


1- Never, and i thank to the god  my wallet never been hacked since i know cryptocurrency
2- never
3- I don't know exchange will pay you back or not,but you can contact customer service
and it has low potential (to get your money back)

My tips is, keep your wallet secure
trade on market with high security with 2fa authenticator. (its the best way to avoid your asset hacked)
Don't input your private key without any reason (join airdrop,bounty).
Please double check the website before you wanna login on website, there is so much fake site (BE CAREFULL )
Tylev
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November 03, 2018, 05:14:24 PM
 #257

Yes, hacking wallets, accounts is a big obstacle for users of cryptocurrency. Hackers saw that there are large sums of money and constantly attack. I read somewhere that this year alone, people lost about a billion dollars because of hacker attacks and fraud in the ICO.
Although they constantly write that cryptocurrency is completely safe, I do not think so.
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November 03, 2018, 05:20:24 PM
 #258

Hacking is a big problem for every device that is online on the internet including the web sites and exchanges. Other than taking precautions and being informed, there is not much else one can do about it. 
Tigra3458
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November 03, 2018, 05:21:41 PM
 #259

Now this problem is especially important. The ability to stay in large losses is exacerbated by the possibility of losing your Deposit being hacked.
Ferris419
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November 03, 2018, 05:33:50 PM
 #260

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.


Hacking is main problem in every money matter sector. Cryptocurrency is not out danger from hacking. Hacker now more active and hacking a lot of money.
1. No. But one of my close friend's lost his balance by hacker;
2. Yes, one of exchange scam and I have lost around $450;
3. No

Bitcoin is gonna hit 100K usd
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