Post
Topic
Board Bitcoin Discussion
Re: RANSOMWARE impact
by
Carlsen
on 25/05/2017, 11:32:45 UTC
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto

THIS IS VERY BAD  Sad

I would not be surprised if the recent -10% move is connected with Wannacry.

Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.

yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
Well this is going to impact bitcoin of course, but i do not think that it will impact it too much. Those people who made it simply used the moment of bitcoin worth, and made some money out of it true criminal. But there will always be people who will use criminal act to make some money, and as always people will find a way to fight back so... its nothing to worry about. Bitcoin will survive Cheesy .
I think that in the last years nearly every government has made a statement on how they want to treat bitcoin.
I do not think that a software attack will make a change in the minds of governments.
Of course bitcoin, or other crypto currencies as well, they are perfect for using them as a way of ransom payment in such attacks.
On the other hand, many attacks are not based on ransom. Some are done because the programmer wants to show he can do it.
Others are led by governments. In these cases regulating/banning crypto currencies would bring nothing.