What are the chances that these wallets are actually broken by bruteforce? I know there were discussions some years ago about people that were trying to crack the private keys.
What do you think guys? Can such successful act would mean the end of btc era?
I don't think the wallets were hacked into unless there's report of users reporting that their wallets are being hacked. Bitcoin wallets that are non constodial and you safeguard your seed phrase in a hack free place can't be hacked. Unless you make use of online devices to store your seed phrase, there's no way a hacker will be able the access your Bitcoin. There could be many reasons why people are selling their Bitcoin at the moment. Some of those reasons might include;
- There is fud in the market and people are still afraid because of news of Mtgox distributing a large sum of Bitcoin.
- There's fud of Germany selling and it's causing correction in the market so it migybe an attempt by those selling to secure some fiats if the market was to keep correcting.
- Might just be old investors taking profits or changing/distributing their Bitcoin to different wallets.
- Might also be old time investors exiting the market, you can just believe when an old wallet becomes active again that it's being hacked