EVERY TIME IT TOPS OUT THERE IS A SECURITY PROBLEM AND IT PLUMMETS. THEN IT GOES UP AND IT DROPS AGAIN AFTER ANOTHER SECURITY PROBLEM. IF YOU STEAL CRYPTO THE LEDGERS UPDATE AND YOU KNOW WHERE THE MONEY GOES. SO YOU CAN'T STEAL IT. JUST RUN LEDGERS FROM THE DAY BEFORE AND YOU KNOW WHERE THE MONEY IS. EVERY COIN IS ACCOUNTED FOR AT ALL TIMES. YOU CAN'T HACK ALL THE LEDGERS. THERE IS NO HACK ONE/HACK EM ALL SOLUTION. THERE IS NO CENTRALIZED LEDGER. THE LEDGERS ARE ALL EQUAL. ANY COINS STOLEN IS A TEMPORARY LOSS.
THE ONLY WAY TO LOSE COINS IS TO LOSE ACCESS TO YOUR WALLET. THE ONLY WAY TO STEAL COINS IS TO STEAL COINS THAT WERE LOST BY THEIR OWNERS. THEY CAN'T REPORT THEM MISSING BECAUSE THEY WOULDN'T KNOW.
WHEN MT. GOX WENT DOWN THE OWNER KNEW WHERE ALL THE COINS WENT. HE JUST DIDN'T TELL.
NOT REALLY. CRACKING THE BLOCK IS A bytch AND A HALF. THE HACKERS ARE ATTACKING THE COMPANIES THAT HOLD THE COINS. THE WEAK LINK IS THE END USER. EITHER WAY, IT'S A TEMPORARY GAIN. THE ONLY PURPOSE I CAN SEE IS EITHER MANIPULATION OR FOR NOTORIETY. OR BOTH.