Hacking kills the cryptocurrency market

[auroboros]

Not only hackers who make crypto currencies are in the dark, but also because of the many scam projects that make investors lose confidence in crypto currency, but that is all a way of success for the crypto currency, rest assured that crypto currency will dominate the world economy

[ridho002]

I also do not think so and agree with people who say that today hackers are, on the contrary, a very important tool that shows all possible vulnerabilities that may be in the system at all. Of course, they take a lot of money, but it still seems to me that they will not be able to kill cryptocurrencies

Indeed, they'll not be able to kill cryptocurrencies but they kill his price. Hack a market site and stole all coins, then dump it on another market. Surely the price will get a big blow to drop dramatically. Then the price of cryptocurrencies will be as we feel now, where everything is getting cheaper.

[masterkiller]

for me there is no concern if a market is hacked by a hacker, because a large market surely guarantees a good security for those market users, even if the market hacked is definitely ready to replace all its losses.

[Yamifoud]

Not only hackers who make crypto currencies are in the dark, but also because of the many scam projects that make investors lose confidence in crypto currency, but that is all a way of success for the crypto currency, rest assured that crypto currency will dominate the world economy

Hacking and scam projects would be the reason of losing the value of our coins in the market. Investors will never risk their money if they have no assurance of having profit in the end. But isn't the way we could just kill crypto world, in fact, besides from those undesirable events happen crypto still can manage to face the challenge and grow eventually.

[sarul]

Not only hackers who make crypto currencies are in the dark, but also because of the many scam projects that make investors lose confidence in crypto currency, but that is all a way of success for the crypto currency, rest assured that crypto currency will dominate the world economy

Hacker and Scammer are really toxic in crypto world, Those who continue to make people suffer losses and make them away from crypto. Hackers are at least useful for improving security systems while scammer is have to be terminated form this world.

[Nasonn]

Hacking generally is bad but I haven't had any experience of it but I've only been stolen from in my early months when I mistakenly shared my private key so I wouldn't call that hacking.

[basici]

I have not been hacked once in two years because I do not neglect the security of my wallets. First of all, you should install 2fa on your wallet and not keep a private key on your PC. if these requirements are not met then consider that you donated your money to the attackers

[CryptoCoinArbitrage]

I had my funds for trading on ED last year when the exchange was hacked, but fortunately my founds did not
suffer. From that moment I only keep my funds for trading on exchanges which refund you if it is hacked, like Binance.

[asriloni]

I also do not think so and agree with people who say that today hackers are, on the contrary, a very important tool that shows all possible vulnerabilities that may be in the system at all. Of course, they take a lot of money, but it still seems to me that they will not be able to kill cryptocurrencies

Indeed, they'll not be able to kill cryptocurrencies but they kill his price. Hack a market site and stole all coins, then dump it on another market. Surely the price will get a big blow to drop dramatically. Then the price of cryptocurrencies will be as we feel now, where everything is getting cheaper.

The hacked case just give a lot fear to the token holders and they will try to dump their coin before there will be a lot of huge crash and this is the main reason why whole of crypto has been getting a huge impact when there was a coin that getting hacked by hackers. If that was a small altcoin and that means nthing

[MRlong]

Hackers can not take advantage of your account and assets if your account is high security. To avoid hacking into your account, you should use 2-step-authentication, which is required when you register for accounts on exchange floors. So for every account you use, you must use this form of security for safe.

[lamba]

Yes that is true hacking kills the market. Because people afraiding of investing crypto. Newbie's dont have too many info about safety in crypto and they are afraiding because of these scam and hack news. I hope in the future exchanges and webwallets will integrate more security options in their systems. We need to prevent these hack issues. and i hope all the investors will start to use hardware wallets in the future.

[Burogh]

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.

The most safe to avoid from hacking is using hard wallet. If we keep our coin and token in exchanger wallet, better using 2FA to protect our account and i am believe if exchange hacked, they will refund our coin because its their responsibility

[hellyah070]

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.

There are many ways how a hacker can totally hack a persons cryptocurrency account. But the technology behind most of the cryptocurrency which is the block chain seems impossible to be hacked. It just depends on the self security of the person how he/she will handle his accounts to prevent hacking.

[boolog]

Hacking is certainly a nasty thing in the crypto world, but not only hacking is used there. Hacking is a general problem and is omnipresent. So i think hacking will not be able to kill crypto.

[tapaibuccok]

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 just want to share my experience, I lost a few tokens in my MEW, this happened a few months ago, I don't know what happened and why my token was lost, I had time to ask a more senior friend, and he said that I got phishing , he also said that to never open an e-mail or click on a text that has an unknown link because phishing can enter with thats way, I don't know whether it's true or not, I also never opened an unknown e-mail and until now I see tokens on MEW I am still safe, if you know more about phishing or there are articles that I can read please let me know, we all want to secure our assets from hackers.

[sudeshkumar]

Hacking is one of the biggest factor to discourage the investor ,it is a dishonest practice nobody can curb it until or unless hackers develop their habit to be morally good.

[yugyug]

It is the same goes as "bank robbery kills the banking industry". When there is a healthy industry or healthy market  then robbery, stealing, hacking or corrupting the market comes in but it will never stop the investors trying to put their risks to have a good profit. The only best security of any investment market is to have a good customer support and a good insurance whenever hacking or robbery occur.

[ranggenga]

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.

Thankfully i've never been get hacked, and i'm not hopping to get one.
But my friend got hacked a few times, it seems like he lost his private key somewhere, perhaps when using it in a compromised sites.

[libert19]

3. Most of exchanges won't refund, when you register they take their hands off in 'Terms and Conditions'.

[chocopapaya]

I don't think hacking kills the cryptomarket.
Of course, it sucks, but it doesn't have that significant of an impact.
If you had your own stuff stolen, then it might seem like the world is ending, but don't make assumptions about the entire market.

The biggest thing killing the crypto market is actually the traders themselves.
We our in a bear market and it isn't the fault of hackers, bad news, or anything, it is the result of low volume and no new money coming in.
This means that by everyone hodling, they are actually creating the situation they don't want.

Crypto doesn't have some magical value to it, it is all supply and demand and for the most part, speculation.
Unless people start trading, and participating in the market, it will stay down forever.
You can wait for new money to come in, but to me, that is just stupid.