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Topic: Bitcoin can be hacked? - page 17. (Read 3945 times)

newbie
Activity: 60
Merit: 0
November 21, 2017, 05:34:03 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?

No, no, no. I try it many times, dosnt works Wink
full member
Activity: 504
Merit: 100
November 21, 2017, 05:32:25 AM
The worst hackers of Bitcoin is its forks. These are not cyber criminals, but it clones undermine BTC power and make unstable prices. Many investors start to worry about saving in Bitcoins.  Huh
member
Activity: 101
Merit: 10
November 19, 2017, 06:45:19 PM
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.
full member
Activity: 191
Merit: 100
November 19, 2017, 06:22:37 PM
I have never heard bitcoin can be hacked, because it has a reliable and secure system. they have a unique wallet address
hero member
Activity: 3052
Merit: 651
November 19, 2017, 06:18:20 PM
Bitcoin can not be hacked, but you still need to be careful because wallets can be haked. That's why you need 2 FA or private key

Correct. Most of the website wallets dont have a private key and it would be best to use one with that kind of service.
2FA is okay but still I would prefer the private key.
Also better to have a offline wallet rather than a website which is probe to scams.
full member
Activity: 154
Merit: 111
November 19, 2017, 06:15:14 PM
Bitcoin cannot be hacked as long as your security is tight. No one should know your password except you, never entrust to anybody or give it to anyone. Only you can secure your bitcoin.
legendary
Activity: 854
Merit: 1000
November 19, 2017, 06:14:16 PM
Bitcoin can not be hacked, but you still need to be careful because wallets can be haked. That's why you need 2 FA or private key
full member
Activity: 294
Merit: 102
November 19, 2017, 06:06:00 PM
be discarded. We know that technology is increasing exponentially, bringing as a consequence that in the not too distant future, everything that we know as safe is no longer. However, there is a ample possibility of bitcoin theft, but for reasons beyond to itself, as carelessness by users when transacting
 
sr. member
Activity: 686
Merit: 253
November 19, 2017, 05:42:42 PM
Wallets can be hacked and not Bitcoin, but that's why you have keys and pin numbers, to keep your wallet safe and secure. It those are on digital platform then take it out and keep it physical.

That's correct, those wallets only gets hacked when we get reckless and loose our private keys somehow through social engineering or just leaving our computer at risk for some worms to steal information including your keys. It's just a matter of what we can do to protect our bitcoins than what hackers can do to steal them away from us.
newbie
Activity: 39
Merit: 0
November 19, 2017, 05:04:53 PM
Recent network security concerns about hackers and bitcoin exchanges have raised serious concerns about storing and transacting digital money in any form.

These concerns are compounded by the fact that no central bank or governmental authority backs the safety or soundness of digital currencies. Unlike fiat currencies like the US dollar, which is printed by the Federal Reserve, bitcoins are minted by complex interactions across a broad global computer network.

Due to the nature of digital mining, bitcoin’s value cannot be manipulated or altered. Bitcoin's value is secured thanks to the cryptographic functions that it employs, and though it could be hacked one day in the future, technology and cryptography experts agree that such an attack is unlikely in the near-term. However, the networks and storage locations where bitcoins are housed and “protected” can be hacked by malevolent forces. Despite assurances by bitcoin storage companies and developers of the currency, bitcoin exchanges can and have been hacked.

Read more: Can Bitcoin Be Hacked? | Investopedia https://www.investopedia.com/articles/investing/032615/can-bitcoin-be-hacked.asp#ixzz4yuy4GO5E
Follow us: Investopedia on Facebook
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
November 17, 2017, 01:20:55 PM
Wallets can be hacked and not Bitcoin, but that's why you have keys and pin numbers, to keep your wallet safe and secure. It those are on digital platform then take it out and keep it physical.
hero member
Activity: 798
Merit: 500
November 17, 2017, 01:18:27 PM
I would worry more about your personal PC and its access to your wallets being hacked. There are more and more ways that the scammers get you to download a file or app and then they have all your passwords, keys and what not. That is really the only viable reason to use online wallets, because some of the sites go beyond the key use and use two and three levels of security. New coins every day get this and that person to install the "wallet" and then it is all over.
sr. member
Activity: 396
Merit: 250
November 10, 2017, 04:03:58 PM
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?
As I know, attacking this forum or similar forum is not difficult for hackers but to attack the wallets to steal btc is very difficult or maybe say that that's impossible. The wallet has a very high security level that can not be undone.  That is also a strength of btc.
sr. member
Activity: 388
Merit: 250
November 10, 2017, 03:49:11 PM
Its been a problem since the beginning of time. There will always be criminals out there in this world. Its just a fact of life I am not afraid.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
November 04, 2017, 02:49:40 PM
How is it possible be? it's technology is a top secret. I remember several spam attacks that led to nothing anyways. But doing real damage? No, it can't be hacked in any scenario

Top secret?
https://github.com/bitcoin/bitcoin

Check it out. It's so secret every bit of code is public for everyone to see.
Stop posting crap, please.

It has been 8 years from the date Bitcoin was born. There are no known cases of hacked bitcoin. And it is impossible. But if you store Bitcoin and altcoin in hot wallet, Maybe hackers can attract it.
Yes bitcoin is providing high security. It is not easy to hack bitcoin.

No, "not easy" it's not the right word. When we talk about bitcoin we talk about the protocol and that is impossible to hack, mainly because there is nothing to "hack".
The only ones that are getting hacked are the ones that can't protect their wallets or servers.
sr. member
Activity: 618
Merit: 250
November 04, 2017, 02:45:57 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?
Yes they can if they got the private key of your wallet, everything gonna be dark for you.
Since bitcoin is become popular many network security concerns about hackers and bitcoin exchanges have raised serious concerns about storing and transaction digital money in any form. But i think it cannot be hack if we have trusted bitcoin  wallet.
legendary
Activity: 1204
Merit: 1028
November 04, 2017, 01:22:20 AM
It has been 8 years from the date Bitcoin was born. There are no known cases of hacked bitcoin. And it is impossible. But if you store Bitcoin and altcoin in hot wallet, Maybe hackers can attract it.
Yes bitcoin is providing high security. It is not easy to hack bitcoin. So its quite safe to invest here and wait for the profit patiently and be committed to what we want to do. Seek proper knowledge and be keen about guidance enter some promising project and deal the profit wisely. Then all what result will be a comfortable living.
full member
Activity: 420
Merit: 106
November 01, 2017, 11:24:58 PM
Bitcoins can be hacked? I don't know about bitcoins but i think your bitcoin wallet can be hacked. There would be alot of skilled hackers out there who would be finding out new ways to hack bitcoin wallets. But you surely can make your bitcoin wallet more protected by using the best wallet out there and thus protecting it from hackers to some extent.
sr. member
Activity: 462
Merit: 250
November 01, 2017, 09:36:05 PM
My answer is no. But if your mean is an online wallet, my answer is yes. There is no way confirm that wallet can't be hacked. therefore, the best way to protect yourself is used offline wallet.
sr. member
Activity: 2016
Merit: 283
November 01, 2017, 09:35:20 PM
Bitcoin is a profitable business. It's price is increasing day by day.In this respect,Bitcoin is secure. I think it is not risky one. It can't be hacked because it's security is so high.
based on the site i read recently its possible to hack bitcoin such as wallet etc. If you dont secure your important key.  Or the reason which is when you connect to any public wifi or free wifi and you attempt to log in your important account.  for example online wallets acounts or social media accounts and etc.  theres a chance that the owner of wifi can access your personal information without risk. Because Now adays there are some stupid people put some key logger to copy all the information of the person connected to wifi . So i suggest that if want to connect in any public wifi don't forget to forgot the wifi first before you leaving to avoid that issue.
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