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Author Topic: Hacking kills the cryptocurrency market  (Read 4435 times)
danfred
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December 12, 2018, 10:05:18 AM
 #501

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.


They can cause major damage to the market. But I don't think it's strong enough to completely break the market. It seems to me that this is too common problem, which can be eliminated
hellyeahent
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December 14, 2018, 07:26:25 AM
 #502

Hackers surely, there's an ordinary market, a lot of banks have already been hacked. So do not think about it. I believe that it is better to securely store the data of their wallets and hackers will not touch you
Pom_bensin
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December 14, 2018, 07:30:38 AM
 #503

hacking is one of the problems for crypto prices, we can see the effect now. we must be vigilant about the hacking system and this is one of the ways that we must be careful to avoid hacking
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December 14, 2018, 08:13:20 AM
 #504

Although I have never been attacked by hackers (probably because I am poor), I often see messages about hacking, which also makes me anxious about the security of crypto!

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December 14, 2018, 08:17:52 AM
 #505

I think ICOs market is killing the crypto industry, because there are too much scammers at the moment. Every second ICO cannot collect the soft cap and another half is scamming all the investors. Just be careful guys.
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December 17, 2018, 06:53:10 AM
 #506

The most important advice that will protect your coins from theft is to store them on your computer or hardware wallet. Centralized exchanges are very convenient but vulnerable. Every year hackers steal millions of dollars in tokens. We know a lot of examples, but keep storing coins on exchanges, it's stupid.

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yakushev
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December 17, 2018, 06:57:12 AM
 #507

And the market itself does not kill itself; hacking is a consequence of destruction, since the market allows them to exist and rob everyone. At first, you need to control everything, and the coins will develop, and this will disappear by itself.

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December 18, 2018, 06:29:52 AM
 #508

And the market itself does not kill itself; hacking is a consequence of destruction, since the market allows them to exist and rob everyone. At first, you need to control everything, and the coins will develop, and this will disappear by itself.
Hacking is normal, it's happening even outside crypto, hacks do happen if the security is weak and going forward crypto is gonna mature, so good for us.
The government is there to regulate due to the fact that this happens and big amount of money is involve but hacking will not be a hindrance for the growth of crypto. In 10 years from now, we will already see a big number of adoption, establishments, individual people, etc.

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Jadesola
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December 18, 2018, 06:42:39 AM
 #509

Hacking has done a lot of damage to so many in the crypto sphere and that is really killing the crypto,the more people suffer in the crypto space,the more it will affect crypto.
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December 18, 2018, 07:14:09 AM
 #510

The number of hackers makes beginners become traumatized in exploring the ICO. But not a few also never give up to continue learning so that they can assess the ability and truth of the ICO. Crypto is a technology that does not yet have responsible managers and adopters. So that any form of risk you experience does not get a change from the exchange. Beware of joining the program.

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December 18, 2018, 07:19:17 AM
 #511

And does not Ico lead to dire consequences, as it is now. After all, the emergence of tokens, coins and forks only reduce the value and distribute the demand, which further affects the overall capitalization.

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December 18, 2018, 07:19:48 AM
 #512

If that happens, it is not only hackers that support the cryptocurrency market. But also scammers, that also can make the crypto market become menuru. Because they will sell their assets at any price. That often happens if there is a suspicious transaction to a market. There will definitely be a dump on the cryptocurrency market.

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December 20, 2018, 09:16:03 PM
 #513

And the market itself does not kill itself; hacking is a consequence of destruction, since the market allows them to exist and rob everyone. At first, you need to control everything, and the coins will develop, and this will disappear by itself.
Hacking is normal, it's happening even outside crypto, hacks do happen if the security is weak and going forward crypto is gonna mature, so good for us.
The government is there to regulate due to the fact that this happens and big amount of money is involve but hacking will not be a hindrance for the growth of crypto. In 10 years from now, we will already see a big number of adoption, establishments, individual people, etc.
I disagree with this notion, hacking is a huge problem that is not possible to solve and that is going to slow down the adoption of cryptocurrencies, while it is true that you can lose your fiat to hackers in the same way that you can lose your cryptocurrencies to them the difference is that you can get your fiat back with relatively ease but that is not possible with cryptocurrencies and since people do not take their security seriously then the economic losses due to the hackers will be huge.
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December 21, 2018, 06:37:29 PM
 #514

Hacking our wallets, as well as on the stock exchange is indeed one of the biggest obstacles to the development of cryptocurrency. For various scammers, this is a good way to get rich at someone else's expense. The amount of fraud over time will only increase, since it is a good way for scammers to get more money.
However, this proves that the cryptocurrency is not as safe as many believe. These are our realities and this should be taken into account.

biosfrank
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December 21, 2018, 07:16:31 PM
 #515

I have not been hacked, and I wouldn't want to be hacked in the future, either. But I do know that many people in the cryptospace have been victims of hacking, perhaps, due to inadequate knowledge on security and account protection tips. To be secure, try at the least, to guard your private keys and login details the same way you guard your traditional bank account and credit/debit cards private access details.
deepakg2m
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December 21, 2018, 07:22:24 PM
 #516

Touch wood, thank god i have never been hacked yet. I just hope that never happens to any of us. Though we are not staking anything or doing such huge amount of work to earn , but what we are staking is the most valuable thing in today's time and that is our time . So it is really very difficult to resist that pain.

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December 21, 2018, 07:26:12 PM
 #517

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 only helping cryptocurrencies to create a safer solution and protect their investors from hackers.
The only one problem is that, cryptocurrencies are not insured, so hacked means lost.
sssergy
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December 21, 2018, 07:28:20 PM
 #518

Hacking kills the market all the time, I saw market dumped after hacking. That's different, Hacking effect is not worked on the Pump market. I didn't lose money by hacker.
Azuliand
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December 21, 2018, 07:39:59 PM
 #519

Hacking of course once very much affected the course is when hacked mtgox , and so I do not think that hacking greatly affects the course or the participants in life, too, there are scams and take away our money but we do not stop using Fiat

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December 21, 2018, 08:17:45 PM
 #520

Hacking our wallets, as well as on the stock exchange is indeed one of the biggest obstacles to the development of cryptocurrency. For various scammers, this is a good way to get rich at someone else's expense. The amount of fraud over time will only increase, since it is a good way for scammers to get more money.
However, this proves that the cryptocurrency is not as safe as many believe. These are our realities and this should be taken into account.

This is one of those reasons that strongly inhibit the spread of cryptocurrency among ordinary people. After all, an ordinary person does not want to spend a lot of strength and energy to protect his personal data and wallets.
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