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A comment on Hackers are reportedly getting laid off by organized crime groups. Parent comment

Re:Hackers are reportedly getting laid off by organized crim... by kleer001 on Friday February 24, 2023 @05:24PM (#34930999)
> crypto falling apart

Citation please

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Re:Hackers are reportedly getting laid off by organized crim... by Laaas on Friday February 24, 2023 @05:49PM (#34931288)
Markets aren't looking good, but I don't think that affects ransomware. They don't hodl.
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Re:Hackers are reportedly getting laid off by organized crim... by iepathos on Friday February 24, 2023 @06:57PM (#34932009)
They look amazing when you consider 10 years ago bitcoin's price was ~$13/coin and now it's >$20k/coin. No other market or stock with that kind of massive growth.
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Re:Hackers are reportedly getting laid off by organized crim... by hgsgm on Friday February 24, 2023 @07:57PM (#34932521)
Wow, I should buy some at $13 so I can sell it at $20K.
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Re:Hackers are reportedly getting laid off by organized crim... by intelVISA on Friday February 24, 2023 @08:35PM (#34932835)
Learn this one trick HFT don't want you to know
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Re:Hackers are reportedly getting laid off by organized crim... by drewrv on Friday February 24, 2023 @07:58PM (#34932529)
It’s also been an incredibly risky ride. Mt Gox collapsed in 2014 so owning a bunch of btc 10 years ago is no guarantee you’d be doing well today.
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Re:Hackers are reportedly getting laid off by organized crim... by kleer001 on Sunday February 26, 2023 @10:47PM (#34952719)
That's always the risk with someone else holding your money. The brilliance (the curse and the blessing) of crypto is that you can be your bank that way, self custody.
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Re:Hackers are reportedly getting laid off by organized crim... by somewhereoutth on Friday February 24, 2023 @08:55PM (#34932964)
helpful chart for you: https://www.statista.com/chart/12352/price-developments-duri...
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Re:Hackers are reportedly getting laid off by organized crim... by lokar on Friday February 24, 2023 @09:32PM (#34933218)
Years ago I wanted to publish a tulip:btc exchange rate, but the auction house in Amsterdam does not publish the daily price for free.
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Re:Hackers are reportedly getting laid off by organized crim... by tasuki on Saturday February 25, 2023 @01:35AM (#34934442)
In what way is the chart helpful? The article is from 2017:

> Then again, there already has been deflation from the peak of a little more than 19,900 to 17,600 dollars per Bitcoin. But nobody knows if the puncture will let the balloon slowly deflate or it will rip it apart, crash landing the Bitcoin.

Well, neither. Bitcoin went to 60k or something.

Did the tulip mania also have so many peaks?

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Re:Hackers are reportedly getting laid off by organized crim... by greggsy on Saturday February 25, 2023 @02:33AM (#34934709)
FTX, weekly exchange hacks, price crash, and the ever-present factoid that it is only used for crime and speculation.
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Re:Hackers are reportedly getting laid off by organized crim... by klntsky on Saturday February 25, 2023 @02:49AM (#34934786)
> FTX

Centralized exchanges and FTX in particular is the most normie and state-aligned part of crypto.

> it is only used for crime and speculation

It is not true.

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