Ninjastic
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Re: Why Crypto facing hack Every time it recovers??? Govts involved??
by
Kakmakr
on 13/07/2018, 06:43:25 UTC
Quote from: pooya87 on July 11, 2018, 02:40:33 AM
Quote from: iammrash on July 11, 2018, 02:24:10 AM
Quote from: nioctiB#1 on July 10, 2018, 03:45:16 PM
Quote from: iammrash on July 10, 2018, 09:54:00 AM
Why crypto space happen to hack hack while its on a bullrun???
We've seen some of the massive hacks in this very short time period.Today also   But it doesn't happen in bearish market. Every time crypto has a bullrun.  Yesterday BTC Kept on Trying to Break above 6800 Resistance.. And today morning another hack on Bancor wallet.. Sespecious... Which is really effecting the current market..
But the Question is. Is the govt trying to manipulate and wanna  kill crypto??? That's why they are doing this???
It is not the cryptocurrency that is being hacked it is those exchange or wallet providers that are being hacked. I also think that there are fake reports on exchanges being hack but this is not always happening whenever the market is in a run for recovery. We dont know if governments are manipulating the price since we dont have a proof and we dont even know if there are governments that are investing or trading cryptocurrency so no one can answer that.
So you're saying that most of the hacking news are fake??? Someone is trying to manipulate the price by fudding right.. But who is that someone..  On recent govt regulations and bans are making me sespecious that the govt can do anything to stop crypto.. so they can also hire hackers right?

such news only affects the price temporarily and on a small scale. why would government want to affect the price in this way? what would they gain?

these services are shitty on their own. nobody has to do anything, and there is money involved so there is a good incentive for hackers to try them out. and most of these cases are actually false. the exchange scams their users and calls that a hack.

Governments have a lot to gain, when the price are on a constant decline. It will slow down adoption and it will also get under the skin of the current hoarders. Most people are only interested in this technology, because they want to make a lot of profit.

I will also not be surprised if large Banks and government sanctioned hackers are involved in these orchestrated hacks on exchanges. Some of these governments can even channel the proceeds of these hacks into military funding or to be used to manipulate the price.   Roll Eyes