hatshepsut93
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September 03, 2020, 03:16:08 PM |
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It's always bad to have negative publicity, even if it's not very big, it all adds up in the long run, and there's not much positive news that can reach regular people. I doubt that anyone outside of crypto heard about the Pineapple fund, for example. Even Bitcoin's price rise isn't necessarily viewed as a positive, outsiders would simply not care. I hope that in the future Bitcoin will be more associated with opportunities for earning and spending money rather than scams and darknet markets.
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Dewi89
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September 03, 2020, 03:34:50 PM |
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It's always bad to have negative publicity, even if it's not very big, it all adds up in the long run, and there's not much positive news that can reach regular people. I doubt that anyone outside of crypto heard about the Pineapple fund, for example. Even Bitcoin's price rise isn't necessarily viewed as a positive, outsiders would simply not care. I hope that in the future Bitcoin will be more associated with opportunities for earning and spending money rather than scams and darknet markets.
Publicity for increasing bitcoin in the public circulation is still low and almost all hacking crimes are linked to cryptocurrency. In fact, the news has no impact. If you know, there has been a lot of wallet hacking news before, but the fact is that bitcoin prices are still on the rise.
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plvbob0070
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September 03, 2020, 03:38:33 PM |
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There will always be that kind of misconception about bitcoin especially when it's always about the negative side with bitcoin-related that they see on the media. We all know that media can affect people's perceptions based on what they report, but at least you enlighten and corrected your dad about bitcoin. Since that's what they often hear about bitcoin, they'll start to doubt bitcoin and think of it as something bad. But if there's someone to educate them then they will realize that bitcoin isn't the one ruining things online.
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mersal
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September 03, 2020, 04:03:38 PM |
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Twitter hackers strike again! The twitter account of India's supreme leader Narendra Modi is hacked to seek bitcoin payment. But that's not the main problem! See below,
My dad was reading newspapers from his tab while having morning tea and suddenly uttered - "this bitcoin thing is ruining everything online" (definitely he used local language but it is the literal translation)!
While I immediately cleared his doubt about bitcoin but that's how majority of the common people have reacted because bitcoin is now associated with all small/major hacks happening worldwide!
Sometimes I really feel, it's good to have a centralized authority who can take corrective measures to protect the goodwill of bitcoin. We are loosing reputation fast! Sad to see such an innovation like Bitcoin loosing its reputation and credibility due to few mere miscreants!
Nothing is going to stay strong until it faces criticism, surely it damages the reputation of bitcoin but atleast more people might heard about the word bitcoin so they will understand what it is created for when legitimate payment methods accepted somewhere in their country.
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hatshepsut93
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September 04, 2020, 04:42:49 PM |
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Publicity for increasing bitcoin in the public circulation is still low and almost all hacking crimes are linked to cryptocurrency. In fact, the news has no impact. If you know, there has been a lot of wallet hacking news before, but the fact is that bitcoin prices are still on the rise.
Adoption and public image are not strongly and immediately correlated with price movements. The speculators don't care about small news, and rightfully so, because it would have been very risky and pointless to trade basing on them. What I'm saying is all those things add up in the long run, if regular people only heard Bitcoin being mentioned in negative light, and if it happened frequently, they would be less likely to adopt it, and would probably support their government banning it.
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Spone7
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September 04, 2020, 05:02:14 PM |
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Yes that's right Social account hacking is a concern but it should not blame bitcoin or cryptocurrency industry. Before crypto world there were hackers who hacks social accounts and even bank accounts etc. The main thing is you can't blame bitcoin for hacking, for security you can change your social media account password frequently which will reduce chances of getting hacked.
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ChrisPop
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September 04, 2020, 05:13:46 PM |
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Bitcoin is not failing and smart people won't detain from purchasing Bitcoin because hackers are requesting ransoms denominated in cryptocurrency. You can actually track those Bitcoins if they go to a big exchange and trace them if using a forensic analyst. This tool has its own limitations, but the hack could be solved by simply emailing Twitter and going through a verification process. But that is not really the problem, isn't it? The root of this happenings over the internet is a lack of knowledge in basic cybersecurity. That should be addressed first in the Information Age.
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Quidat
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September 04, 2020, 05:18:38 PM |
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Sometimes I really feel, it's good to have a centralized authority who can take corrective measures to protect the goodwill of bitcoin. We are loosing reputation fast! Sad to see such an innovation like Bitcoin loosing its reputation and credibility due to few mere miscreants!
We dont need that centralized authority yet Bitcoin doesnt really need such stuff and let those people do say what they like yet we as supporters do knows the truth and later on people would able to tell for themselves that they are actually on the wrong side or in wrong perception on things. Most people that do say these lines are the ones who do have zero knowledge towards it but when the time comes that they do able to know even on the basics then those kind of commentaries will be changed up.Adoption is on the move and these kind of reputation ruining scenarios is somewhat common on this market.It do really give some dismayed feeling but it is part of the reality to face off.
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MCobian
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September 04, 2020, 05:25:09 PM |
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We cannot blame people who think negatively of Bitcoin. Moreover, they are ordinary people who have no knowledge of Bitcoin. Will be prejudiced against Bitcoin with a lot of news about hacked twitter accounts. It really damages reputation of Bitcoin. And if people misunderstand like that, it's hard to convince them Bitcoin isn't bad. But we shouldn't give up on explaining that Bitcoin is not as bad as they think.
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hulla
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September 04, 2020, 05:29:27 PM |
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The previous hacker attack on Twitter shows that twitter is not a total secure social media and a part of me always feel sad everytime i hear about some hackers using Bitcoin as their way to steal from innocent people cause negative news spread fast than positive and the question I asked myself sometime is that could the government have something to do with this because we never can tell since 90% of them never support the idea of Bitcoin? In the meantime, lets hope this issue dont lead to complications in India.
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shoreno
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September 04, 2020, 05:34:17 PM |
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ah i see so your saying that the main issue is its impact to the people . in my case i dont consider what others think aa a main issue but for me the main issue here is the supreme leader that have been hacked because he is more influencial than a regular people .
people complain as if they have a business on crypto but no they havent because if they have , they will know that btc has nothing to do with the scamming .
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Ayiranorea
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September 04, 2020, 05:47:37 PM |
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This time it is Indian prime minister's twitter account. Another thing, the hack is associated with the Twitter account for relief fund. Promotion for cryptocurrency from the Twitter account of a country's prime minister is really interesting. This is being done by a team, and some states it is done by a person. Now this information has made more people know about cryptocurrency. Following this incident the government can also take action against cryptocurrency usage.
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Kakmakr
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September 04, 2020, 06:00:35 PM |
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I would not be surprised if these hacks are linked to government sanctioned hacking operations. India has been on the wire for many years, when it came to Crypto currencies and a hack like this will just push things in the wrong direction. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) I hope they catch these guys soon, because Twitter is ruining all the good work that we have done over the years to get Bitcoin where it is today. The thing is, centralized platforms like this are not blamed for these embarrassing incidents... Bitcoin is taking all the heat for this.
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Tipstar
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September 04, 2020, 06:07:18 PM |
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I would not be surprised if these hacks are linked to government sanctioned hacking operations. India has been on the wire for many years, when it came to Crypto currencies and a hack like this will just push things in the wrong direction. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) I hope they catch these guys soon, because Twitter is ruining all the good work that we have done over the years to get Bitcoin where it is today. The thing is, centralized platforms like this are not blamed for these embarrassing incidents... Bitcoin is taking all the heat for this. The hack didn't happened just for bitcoin. The hackers found a vulnerability on twitter and exploited it to gain access. Of everything they could have done, they asked for bitcoins. It's actually the twitter that's unsafe. Bitcoin has just made it easier for people to send and receive value without any difficulty in transaction. With so much issues on the side of twitter, it asks us to move towards a decentralized solution.
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suvo05
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September 04, 2020, 06:39:07 PM |
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The hack didn't happened just for bitcoin. The hackers found a vulnerability on twitter and exploited it to gain access. Of everything they could have done, they asked for bitcoins. It's actually the twitter that's unsafe. Bitcoin has just made it easier for people to send and receive value without any difficulty in transaction. With so much issues on the side of twitter, it asks us to move towards a decentralized solution.
Hacker is asking to deposit BTC in a ETH wallet ?? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FiXNx7SF.jpg&t=665&c=CXhiX6N5U5i8WQ) I am quite surprised to see that twitter is unable to stop the hackers, and they are continuously hacking one by one twitter accounts.
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CarnagexD
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September 04, 2020, 07:27:45 PM |
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Twitter hackers strike again! The twitter account of India's supreme leader Narendra Modi is hacked to seek bitcoin payment. But that's not the main problem! See below,
If I were the supreme leader, I'd rather do a public announcement with regards the hack incident, apologize and then proceed to man hunting. What do you think they did? Of course it will be on news, authorities will do some investigation, cyber checking and then will hunt the man down. The supreme leader don't have to do it by himself, he don't need to appear on TV just because of this, the media will do the work here. Besides, he is not the one who handles the twitter account most likely it is a secretary's job. That's it! Because if they will grant the hacker's demands, it definitely shows a sign of weakness of their government against cyber criminals. Besides, it was only a Twitter account, creating another one is not hard at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I can't really see where you are getting this, it is just a matter of shallow thing. Government will not give anything of what the hacker asked for, they are not fools, coz the only thing that the hacker can get from twitter is his followers. Now what they can do is to warn people as soon as possible about the incident, report the incident to twitter support and let the account be recovered. No need to create a new at all, once twitter confirms this, they can easily get it back.
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dothebeats
Legendary
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September 04, 2020, 07:36:42 PM |
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This is no longer an issue concerning bitcoins or cryptocurrencies in general but rather Twitter being not that secure at all. It’s obvious that hackers would target prominent personalities since they know that people would actually be gullible enough to send some money on their way when needed. Though luckily, the hackers aren’t too bright at all asking for bitcoin donations on what appears to be an ETH address.
Just expect things like this will happen more and more in the future until Twitter finally updates their system and actually protect user data.
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Dana888
Member
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Activity: 365
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September 04, 2020, 11:35:18 PM Last edit: September 05, 2020, 12:15:19 AM by Dana888 |
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This is no longer an issue concerning bitcoins or cryptocurrencies in general but rather Twitter being not that secure at all. It’s obvious that hackers would target prominent personalities since they know that people would actually be gullible enough to send some money on their way when needed. Though luckily, the hackers aren’t too bright at all asking for bitcoin donations on what appears to be an ETH address.
Just expect things like this will happen more and more in the future until Twitter finally updates their system and actually protect user data.
Popular people (especially those who already have an official account verification) will never publicly collect money, and if they do, it will be confirmed by video or at least duplicated to other accounts of this person. If you only see a post on Twitter or instagram or any other social network-know this Scam.
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erikoy
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September 04, 2020, 11:50:53 PM |
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The only way we can do about this issue is to clear the doubt of many people who don't have enough knowledge in bitcoin. We can't blame others too because it's part of the system of bitcoin. Of course, someone would take advantage of its feature of being a decentralized digital currency.
We should not get too hesistant to tell everybody that bitcoin is not a scam or it function because efforts might be put to waste if were going to act like this. The best thing we should do is to keep always an update with bitcoin. Let establishment work for the slow adapatation of cryptocurrency for some of the establishment are already integrating bitcoin as an option for payments. Slowly in phase or manner of adaption but for me it is very effective or efficient. I hope that other company will do as well to chose bitcoin as an option for payment.
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Oceat
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September 04, 2020, 11:59:14 PM |
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It will be too late for them to realize what is Bitcoin when the price is already in the highest peak. Sadly, these wrongdoings of hackers making a very bad reputation to the Bitcoin community but if you've come to think about it. Fiat is used too in bad deeds so why bother these people who does bad things. And also the media is always aiming the bad news for more views than aiming the good news.
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3996
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