Bitcoin can be hacked? - page 16. | Bitcointalksearch.org

cluend

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Quote from: Major_Troubles on October 16, 2017, 04:20:01 AM

I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?

anything can be hacked and bitcoin will be last thing hacked .

bitcoin have strong security which make it better than Google, Government, FBI , NASA

knotnissan

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There is risk of anything Internet generated and "virtual" that is unsafe, or has the potential to be hacked. You have to decide if the risk is worth the reward.

rindo

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A Bitcoin hack would cost it´s Market cap to give a small possibility of creating new Bitcoins... That would be the only possiblity to hack it. But on other hand, according to a recent study by Chainalysis, a company analyzing data from Blockchain, about 23% of the Bitcoins already issued may be lost forever. The study represents the first detailed effort to quantify the number of digital currency units that may have had their private keys lost. However, it is impossible to say exactly how many Bitcoins are actually lost and how many are barely saved without recent recorded movement.

kittybabe@06

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Yup its possible i have a friend that her bitcoin was hacked she dont have an idea how it happens. But when she visit her bitcoin almost have of them lost.

Kiiti1

newbie

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I can't say it's quite complicated

cipher-x_09

full member

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Well, it is possible to our bitcoin wallet because there are a lot of ways hackers can access your bitcoin address and they can easily gain access to your account given that you don't give any appropriate countermeasures for hackers. As for the whole bitcoin if they by the blockchain technology and overrides its system then they can freely manipulate all the transactions in the bitcoin. But as of now it is not possible because the bitcoin technology is protected with a lot of security features which even an expert hacker can find it difficult to access through.

slashz9

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if the hack to create directly it is not possible. because until now we also do not know how bitcoin was made, but if someone hacking someone else's account it could happen.
as I experienced recently Cry

MWesterweele

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Quote from: Zinkin on November 19, 2017, 06:45:19 PM

Quote from: tranle789 on October 16, 2017, 04:39:55 AM

I think Bitcoin can not be attacked because Blockchain technology is now growing and no one knows how Bitcoin was created. Only exchanges are attacked and this really does not affect Bitcoin

Exactly, I don't understand why people say that Bitcoin can be hacked if the one being hacked is the person. Bitcoin has nothing to partake in this kind of disaster. No matter how many times you've been hacked or scammed, it is at the person's fault alone and not the medium that have been used.

No it can never be hacked because in long time there is no one complained about there bitcoin that was hack. Also because bitcoin is secure when you store it in wallet, just dont share your private key, or personal matters about your bitcoin.

Gracie12

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In fact, bitcoin is the world's top hacker developed, of course, bitcoin will be hacked, but bitcoin has a strong calculation and protection mechanisms. So bitcoin is not afraid of the usual hacker attacks, we can rest assured.

Getcoinsite

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Everything is hackable nothing can deny it.but if we will use the proper security measures hackers will fail on us.just look for all the safety features that suit your computer lappy or gadget.and dont be careless in regards to your wallet.

Hypnosis00

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Bitcoin cannot be hacked but the wallet of bitcoin can be hack. Bitcoin wallets particularly the online wallets are not safe to put our money or bitcoin because they are very prone for hackers that can be a reason for them to hack it and get or steal our bitcoins from it so it is best to get an offline wallet to stay safe and out of the radar of the hackers.

xiaomingdada

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Bitcoin is safe in itself, hackers can not attack bitcoin. But hackers can attack the wallet, so protect your wallet. If you feel insecure, I suggest you use an offline wallet.

Gracie12

member

Activity: 128

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In fact, bitcoin is the world's top hacker developed, of course, bitcoin will be hacked, but bitcoin has a strong calculation and protection mechanisms. So bitcoin is not afraid of the usual hacker attacks, we can rest assured.

BlockMedx

newbie

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The only things with Bitcoin that can be "hacked" are entities that interact with the blockchain i.e. exchanges, wallet apps etc. So the point of failure is always some 3rd party entity. Now, the actual blockchain cryptography could theoretically be hacked by some sort of quantum computing mechanism, but we're still a looooong way away from anything like that being possible, and solutions are being worked on currently as well for that eventuality

Kita Kita

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Well nothing is impossible for all those hackers, but for me the bitcoin is can't be hacked but the wallet we are using to save our money is can be hackable and it can be easy to hack if the wallet we are using is not very secured so i have an advice always use a legit and secured wallet and dont ever share your your earnings in your bitcoin wallet so it can avoid to be hack.

Jupeter

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For me the bitcoin accout can be hacked, my friends account here in bitcoin forum is been hacked last 2weeks and he is so sad because he can not recover it because he use invalid email, so my advice is when you will create an account here in this forum is always used a valid email so even the hackers hacked it we can recover it.

GazorpPozorpec

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The technology of the blockchain is that the more people use bitcoin, the harder it is to crack. At the current level of development of a network hack bitcoin almost impossible.

Faroxx

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Theoretically, the bitcoin is very difficult to crack with current technologies. If you consider that the complexity of cracking increases all the time it seems to me that in the future hacking of bitcoin will also be impossible.

noictib

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Quote from: Major_Troubles on October 16, 2017, 04:20:01 AM

I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?

In my opinion here I don't think that we need to redefine the technology of the bitcoin blockchain Because it is already much powerful and encrypted then any another one technology .
Here clearly we can see that why many countries government are against the bitcoin and also why many big banks are against the bitcoin but opposite of that they are looking to devlop own technology of blockchain where they can run fiat currency with high security but I don't think that they can easily Because they are hating it slots , so we can understand well that bitcoin is already at high level security and no chance to hack bitcoin ever in the future .

mammoniter

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Quote from: Major_Troubles on October 16, 2017, 04:20:01 AM

I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?

I wouldn't eliminate the possibility to exploit something in bitcoin system that may cause its security to be breached but with todays technology and computers computing power available it would be almost close to impossible for individual hackers to do it.

Topic: Bitcoin can be hacked? - page 16. (Read 3953 times)