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Author Topic: Twitter hackers are So low IQ. - Many Twitter Account Hacked  (Read 652 times)
devindeysel (OP)
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July 15, 2020, 08:41:28 PM
 #1

Imagine if Elon Musk , Binance, Coinbase, Coindesk, Finex, CZ, Justin and all these other hacked exchange accounts and Influence People were tweet blasting about SEC raids, exchange hacks, funds and Something Bad About Crypto etc.

They could've shorted Crypto Market and will be around $8600/Btc by now. All Alt Coin Will Down.

Because of This type of Hacker Industry show Bad. tomorrow all News coverings This and New Investor will affected

Let me know Your opinion
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July 15, 2020, 08:58:09 PM
 #2

Sounds easy but you do really think of that hackers havent consider such stuff? Of course they do but to arrange all things up then its quite hassle on my part as being a hacker.

You wouldnt mind too many things or too complicated but rather they do directly to make scamming attempt once they do able to grasp out one of these accounts

yet they do know that they can benefit it out directly without the need of complicating things up.

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July 16, 2020, 01:15:36 AM
 #3

What I think at the moment is the vulnerability of Twitter. I am also concerned that day by day we work hard to make Bitcoin a reliable currency and that the bad actors in this case hackers, they have mocked our face.

I have seen all the commotion that the attack caused on Twitter and there will surely be consequences where credibility will be tested. Bitcoin's insecurity and usability may or may not reign. Hopefully not.

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July 16, 2020, 01:21:32 AM
 #4

What I think at the moment is the vulnerability of Twitter. I am also concerned that day by day we work hard to make Bitcoin a reliable currency and that the bad actors in this case hackers, they have mocked our face.

I have seen all the commotion that the attack caused on Twitter and there will surely be consequences where credibility will be tested. Bitcoin's insecurity and usability may or may not reign. Hopefully not.
I'm curious why you think this affects Bitcoin. All it really does is just expose the vulnerabilities of websites and show how crappy the world is. The accounts are clearly hacked and so I am very curious to see why Twitter hasn't taken any action yet - is it that hard to delete the posts from those hacked accounts?
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July 16, 2020, 01:49:40 AM
 #5

Sounds easy but you do really think of that hackers havent consider such stuff? Of course they do but to arrange all things up then its quite hassle on my part as being a hacker.

I mean, I'm pretty sure their main goal is to steal as much funds as possible; and it's not like the shorting method is that complicated. But ok let's say that the hackers don't even know what shorting is— there's still a lot more less worse methods than the hackers used.

It's just either one of thes:

1. The hackers aren't fluent in English or writing in general
2. The hackers don't know crap about social engineering and they're more of the "technical" hacker
3. The hackers didn't have the time to think of a clever method

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July 16, 2020, 01:58:15 AM
 #6


I'm curious why you think this affects Bitcoin. All it really does is just expose the vulnerabilities of websites and show how crappy the world is. The accounts are clearly hacked and so I am very curious to see why Twitter hasn't taken any action yet - is it that hard to delete the posts from those hacked accounts?
Maybe thinks that when these account hacked posted something negative news related to btc it will follow by the foolowers. Serious investors will double check these post in other platforms as well in different websites for reference of tye news. The account owner itself will eventually let it know to announce whether they account been hacked. Twitter been into many hacking issues ever since. The security on it isn't guaranteed, if some traders only rely on this as well only on news gets from there, I don't think no investors/traders will only rely on twitter post, they need to validate it before doing anything in their investments before it affects bitcoin.

i dont think it is good to transact business with social media only. you need to use a secure platform if you are dealing with money. so investors should not in any way rely on these platforms. usually they are spreading fake news and info...
 soc med is saturated by scammers..the reason why as much as possible i avoid these platforms

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July 16, 2020, 02:12:34 AM
 #7

This is the example of F.U.D/F.O.M.O news it isn't new and for sure hackers had that idea once in awhile but it isn't as it seems.
First even if they could post it or hack some of those account there would be a lot of news and they could only last for awhile so it the panic would only be for a short time I think the market wouldn't easily collapse because of it.
People know how to check the news if it is true or just to manipulate the price.
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July 16, 2020, 02:24:46 AM
 #8

This is the example of F.U.D/F.O.M.O news it isn't new and for sure hackers had that idea once in awhile but it isn't as it seems.
First even if they could post it or hack some of those account there would be a lot of news and they could only last for awhile so it the panic would only be for a short time I think the market wouldn't easily collapse because of it.
People know how to check the news if it is true or just to manipulate the price.

It's quite a giant news let me tell you. Even BBC news source are reporting this hacking incident. Also, a Youtuber made a commentary about Elon Musk asking for doubling Bitcoin which is funny because he related it to a runescape scamming and how dumb people can fall to even with this classic scam.
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July 16, 2020, 03:46:27 AM
 #9

This is hot news today because there have been many Twitter accounts with big names in hacks, is this weak security on Twitter's social media?

This became a commotion because hackers posted by doubling the money on their hacked Twitter account, of course this would be very influential because it was a lot of people watching, this is a very weak vulnerability in the industrial world.

Even now there are those who are sad for this case.

R


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July 16, 2020, 04:27:19 AM
 #10

Imagine if Elon Musk , Binance, Coinbase, Coindesk, Finex, CZ, Justin and all these other hacked exchange accounts and Influence People were tweet blasting about SEC raids, exchange hacks, funds and Something Bad About Crypto etc.

They could've shorted Crypto Market and will be around $8600/Btc by now. All Alt Coin Will Down.

Because of This type of Hacker Industry show Bad. tomorrow all News coverings This and New Investor will affected

Let me know Your opinion
That is wrong because this hackers are High in IQ Mate,Imagine they did hacked those prominent and popular people in the world specially this coming election that they took advantage of the situations.
Also they choose cryptocurrency to the the target because of people can be lured easily here n online.
This isn't really expected from such as big social media. This is a massive hack and Twitter admitted that security issue. But seems scammers using traditional hacking tricks like a giveaway. Most of bitcoin users know about this scam now expect few greedy users.  I don't know if it will effect on bitcoin price, but seems it's on downtrend already.

Anyway hackers seems to me weren't much smart and likely not much scam would happen this way. Double bitcoin is a terrible scheme and most of big investors will not believe in that. That's why we should increase more awareness about these kinds of scams.

yeah and according to BBC here

https://www.bbc.com/news/technology-53425822

These hackers are really good at it and they must be put against bar.

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July 16, 2020, 04:29:58 AM
 #11

It'd be a tad bit too obvious for others who are observant. Everyone suddenly tweeting about BTC being sht? About it being bad? Sure, 1st/2nd day it may actually have results, but after that, some observant people would see something weird, something odd. Plus, simple research would obviously result in seeing that such tweets are odd after all, so I don't think they would've opted for such a decision that wouldn't bring them any guaranteed profit. At the very least, with the way they did, they managed to earn something.

It's not that they have low IQ, they probably either didn't have enough time since they believed they would be busted quite quickly (which indeed happened), or they guaranteed the minimum amount of profit instead of going for the maximum one. Still, using a scam from way back 2017 does make these hackers seem like they have low IQ's.

R


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July 16, 2020, 04:36:01 AM
 #12

Well it does not at all and btc market stays strong. I do not know if this really affected the crypto market because most of the users in cryptocurrency are already aware of this from the start they invest their money to this high risk investment system. I know that some users may not consider crypto as an investment but for me it does because a user might be able to loss or gain profit. Other than that for now bitcoin has no clear definitition on what bitcoin could really be an asset or a digital currency.

Anyway, what important is that crypto users now do were flexible when it comes to decision making. Of course holding it would be at great advantage.

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July 16, 2020, 04:39:01 AM
 #13

Their IQ was not that low though because they were able to pull out such an incredible achievement. Grin

And they made some nice money out of it. Not too big but surely an easy money. But if only they were a little more brilliant than they appear right now, they could have made a bigger prize.

With what they did, they only got money from too easy preys.
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July 16, 2020, 04:42:23 AM
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 #14

but news like this can not affect the price for them to make any additional money from market manipulation. not to mention that the market manipulation is not as easy as you may think and it also costs a lot of money. a small time hacker doesn't have that much money to manipulate the market successfully without losing a big  chunk of it.
they also have never earned that much money from this type of attacks that targets individual newbies and relies on their idiocy to make money.

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Heisenberg_Hunter
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July 16, 2020, 05:46:00 AM
 #15

A single tweet from a hacked Elon Musk account could have amassed the $100k wealth from stupid newbies and so called bitcoiners. I wouldn't always say that a hacker is solely responsible for the hack as the persons from whom the money has been stolen is equally responsible for the hack being carried out on such an extent. Last year we had Electrum vulnerabilities which was targeted towards newbie coiners and a few bitcoins were stolen in the process.

In the field of cryptocurrency, it is quite easier to scam newbies and take the shit out of them and common sense plays a bigger role when you get scammed. There were repeated similar tweets at regular intervals from various celebrities and a simple common sense could have saved the victims bitcoin from being lost. One should probably read a lot more to understand the basics before getting themselves on the hands of bitcoin and receiving their first stashes of bitcoin.

Centralized organisations like Binance which has a lot more power in the cryptocurrency space should be feared upon than these twitter hacks. There are possibilities and power which relies on them which can indeed help them to bribe the miners and reverse the transactions and so on. Personally I would consider these organisations as a bigger threat to bitcoin and its price rather than these nonsensical twitter hacks which are targeted towards new bitcoiners.
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July 16, 2020, 06:15:04 AM
 #16

It makes you completely lose faith in mankind when people seriously think that a random politician or entrepreneur all of a sudden comes up with a stunt like that. OK, Elon Musk could be but Joe Biden? The level of being gullible has risen again and I´m afraid it´s not the end., At least #bitcoin is trending and it´s not pro or con BTC but all about the vulnerability of Twitter. Could be good in the long run for BTC
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July 16, 2020, 06:22:37 AM
 #17

BBC say

"In the short time it was online, the link displayed in the tweets of targeted accounts received hundreds of contributions totalling more than $100,000 (£80,000), according to publicly available blockchain records."

Just goes to show that the intelligence/gullibility of people left holding bitcoin.

I suppose if you think bitcoin will get to $100k then I guess its reasonable to expect Elon Musk to send you back $2000 if you send him $1000.

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July 16, 2020, 06:33:04 AM
 #18

Imagine if Elon Musk , Binance, Coinbase, Coindesk, Finex, CZ, Justin and all these other hacked exchange accounts and Influence People were tweet blasting about SEC raids, exchange hacks, funds and Something Bad About Crypto etc.

They could've shorted Crypto Market and will be around $8600/Btc by now. All Alt Coin Will Down.

Because of This type of Hacker Industry show Bad. tomorrow all News coverings This and New Investor will affected

Let me know Your opinion

Spreading such FUD by using hacked Twitter accounts of popular people and companies might have a short term effect on the Bitcoin price.
However,the people aren't that stupid,so they won't trust those Twitter accounts immediately,they will check Google and Facebook,or some news websites.
You know what journalists say:Always check your info by using at least two independent sources of information.
It sucks that Twitter was attacked via this social engineering hack.Jack Dorsey is a major Bitcoin supporter and I'm sure that he will do everything to solve this problem.

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July 16, 2020, 06:40:16 AM
 #19

Imagine if Elon Musk , Binance, Coinbase, Coindesk, Finex, CZ, Justin and all these other hacked exchange accounts and Influence People were tweet blasting about SEC raids, exchange hacks, funds and Something Bad About Crypto etc.

They could've shorted Crypto Market and will be around $8600/Btc by now. All Alt Coin Will Down.

Because of This type of Hacker Industry show Bad. tomorrow all News coverings This and New Investor will affected

Let me know Your opinion

Definitely it's a low IQ approach but there is a big gang of hackers behind this incident today. The news channels are constantly showing it in a very bad light coupling with bitcoin. That's what I am more worried. Hacking incidents are normal but this time the scale is huge and major business personalities are hacked along with fat-ass Kardashians. But after this successful hacking, the approach taken by the hackers are really laughable and very low IQ indeed.

Twitter has promptly taken care of this issue and limited the access of this accounts after deleting the tweets. But the reputation loss bitcoin just had from all these incidents, are not easily recoverable!

It seems, hackers are leveraging from privacy feature of bitcoin big time!

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July 16, 2020, 07:40:27 AM
 #20

Let me know Your opinion

I believe that the hacker(s) didn't expect so many accounts get compromised.
And frankly, if you would get to receive so easy almost 13 BTC... would you care what people think about your IQ?

They targeted greed and stupidity, which is abundant on this world, they've filled their bags nicely and they'll go on.
Such amount should not affect Bitcoin price and hey, Bitcoin will be in the headlines again  Grin


And I see a Monero supporter also did profit of all this, making his own slice of advertising too: https://cointelegraph.com/news/hidden-messages-found-in-transactions-to-twitter-hack-bitcoin-address

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