(Video) ALL Crypto Currencies HUGE DROP After Bitcoin Exchange Cyberattack!

in #bitcoin7 years ago

Another attack on Bitcoin exchanges, disrupting service. This can be seen on occasion and it seems to spook the market every time. It’s frightening because there’s a potential of loss. When individuals keep their savings in the hands of a company or service, they are entrusting them. Big mistake.

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Another attack on Bitcoin exchanges, disrupting service. This can be seen on occasion and it seems to spook the market every time. It’s frightening because there’s a potential of loss. When individuals keep their savings in the hands of a company or service, they are entrusting them. Big mistake.

bitcoin ethereum digital currency crypto blockchain market
Major bitcoin exchanges hit by cyberattacks as record rally makes them a target
http://www.cnbc.com/2017/06/14/major-bitcoin-exchanges-hit-by-cyberattacks-as-record-rally-makes-them-a-target.html
Bitcoin Price Hits 10-Day Low As Crypto Markets Tumble - CoinDesk
http://www.coindesk.com/bitcoin-price-hits-10-day-low-crypto-markets-tumble/
Text - S.1241 - 115th Congress (2017-2018): Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 | Congress.gov | Library of Congress
https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5
Text - S.1241 - 115th Congress (2017-2018): Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 | Congress.gov | Library of Congress
https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5

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Paper wallets, people! If you're trying to secure your coins, heres what you do [@ moderate security levels]: [if one doesnt want a hardware wallet]

  • Get a cheap netbook [doesnt need a hard disk]
  • 2 ct. USB flash drives
  • A printer is required
  • Download the wallet generation sites, such as bitaddress.org on to one of the USB drives
  • Pick your favorite Linux distribution and use the other drive to host that Linux OS
  • Boot into the Linux live disk [i.e. 'try it out' vs 'install now'], and start your printing!

bought some, thanks for the discount

This attack is interesting. It seems like some entity out there would know where the attack is coming from via the DNS. Could be government/CB related or possibly someone who wants to acquire crypto at a better price. Another good reason to make sure you don't bet too much at once.

So glad you are on STEEMIT !!!!
I have followed you on YouTube for quite some time.
But, with the greatest of respect, the puppet masters do not care if the legislators don't understand what they are attempting to do with the legislation put forward, as, for one thing, if it goes through, custom officials will be delighted that they have even more work to do bullying people around - nor will these custom officials know what the legislation is, anyway ... just as those they catch won't know their rights either ...... The more confusion, misery & wealth confiscation there is, the happier the elites are ....
Yes. We must know how to keep our wealth safe from them.

bankers most likely up to their usual tricks, that gravy train is drying up as the move from fraud fiat to crypto intensifys..

And another reason to keep your coin in your own wallet, not an exchange!!! I use Jaxx wallet.

Ok, so the rank and file gov is stuck in a last century paradigm, BUT dont doubt that TPTB above the gov are not fiendishly planning a catastophic hacking of cryptocurrency servers. After that, all cryptos will die a slow agonizing death.

Typical over reach and greed. Exceptional video, thank you.

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