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Topic: Bitcoin Hack? (Read 1148 times)

full member
Activity: 182
Merit: 100
December 01, 2017, 06:56:52 PM
#63
Are you talking about hacks on individual wallets or attacks on the blockchain/devs etc themselves? Anyways, there have been a lot of different hacks, scams and all kinds of other things in the past. We are living in the wild wild west right now.  Shocked

I also still try to understand which hack does he mean? Hack to wallet or blockchain?
If blockchain i will say it is not hackable. But if wallet hack, there are many issue about it out there since they are not aware to security.
We must put security in first of all amd use 2FA is recommended.
hero member
Activity: 966
Merit: 500
December 01, 2017, 06:51:21 PM
#62
Bitcoin is inherently designed to be hack-proof, which is the fundamental revelation of the Blockchain technolgy in that the only way to hack it is to control over 50% of the hashrate and if that happens then Bitcoin would die, but realisticallyit will not happen becuase it takes too much money to make it happen and mining is a global initiative now.
newbie
Activity: 39
Merit: 0
December 01, 2017, 01:23:57 PM
#61
-snip-

this is an extremely misleading article that you shared here and forgot to share the link to source of it.
https://www.investopedia.com/articles/investing/032615/can-bitcoin-be-hacked.asp

first of all the "recent network security" that author is talking about are the hacks that happened years ago in 2014 and 2013 and none of them have anything to do with "network security" but with "third party security", exchanges such as Bitstamp hack in 2014, Mt. Gox scam in 2013, Bitcoinica in 2012. these are all third parties that scammed people and most probably not even hacked. even if they are hacked, it is not "network security" at all.
Well I believe that it’s not possible that bitcoin can be hack because bitcoin is now very meatier and it know how to protect itself from hackers because bitcoin is a digital currency it its connected with internet so hackers also using internet to hack something so for bitcoin it’s very easy to trace someone although bitcoin is decentralized but I believe there is someone who is going to monitor bitcoin and they are defending bitcoin in any forum.
member
Activity: 106
Merit: 10
November 28, 2017, 07:56:23 PM
#60
i think no one can hack the bitcoin .. bcos its hard to hack this site that why no want to a temp to hack this site
member
Activity: 68
Merit: 10
November 28, 2017, 12:47:16 PM
#59
Has anyone heard of a hack or attempted hack on Bitcoin

there is no way to hack bitcoin, possible but the chance is so small smaller than grain of sand, many tried it but they waste their time.
sr. member
Activity: 518
Merit: 268
November 28, 2017, 12:30:56 PM
#58
I haven't heard about it, could you link me to your reference in form of an article? I suspect that the coins are not hacked because of the way Bitcoin is build but actually a human mistake. A lot of people store their Bitcoins in web-wallets that are not properly configured and don't use the recommend security measures. To everyone that recognizes themselves, please do proper research to the capabilities Bitcoin has. Web-wallets are not the only way to store your Bitcoin and if you decide to use a web-wallet make sure that you use good security measures.
sr. member
Activity: 336
Merit: 250
November 28, 2017, 11:54:31 AM
#57
For something with this kind of value, every hackers would love to get it for free and it is really prone to hacking attempts. The blockchain technology already proved that it is un hack-able that is why hackers are targeting exchanges and wallets. It is everyone's responsibility to secure their own wallet to avoid Bitcoin being stolen.
sr. member
Activity: 588
Merit: 257
November 26, 2017, 11:10:59 PM
#56
Rising value of bitcoin has increased a risk of getting bitcoin wallet hacked.  bitcoin has its own security system blockchain which is almost difficult to break or hack. To hack this blockchain  one has to hack more than 51% bitcoin using terminals spread all over the world. Instead these hackers hacks the mobile wallet . Security of mobile wallet lies in the hand of its user. Its duty of the owner to use only recommended mobile wallet. Wallet has to be secured with updated firmware and antivirus. Hackers are active all the time, we must not share our passwords, private keys with anyone. Do not click on any unknown links or open unknown emails. Every year many mobile wallets gets hacked and bitcoins get stolen.
full member
Activity: 266
Merit: 122
November 26, 2017, 10:24:13 PM
#55
I never heard anyone claiming that their bitcoin get hacked some instances where people failed to remember their authentication code that's why they bitcoin were gone but hacking bitcoin account issues so far is not a problem today. The wallet we are currently using are good storage. But just in case I didn't keep much of my bitcoin I always convert them and transfer to my bank account for assurance. 
member
Activity: 378
Merit: 25
November 26, 2017, 10:20:04 PM
#54
maybe you mean wallets hacked, bitcoin per se is unhackable, with its sophisticated algorithm, it is impossible to hack the whole main frame of bitcoin itself, im sure with this huge assets, they have great wall for any hacker to penetrate bitcoin system, just trust the system.
full member
Activity: 220
Merit: 100
November 26, 2017, 10:14:00 PM
#53
Has anyone heard of a hack or attempted hack on Bitcoin

There maybe attempts to hack bitcoin and the block chain technology in the past but all was unsuccessful. The block chain technology that bitcoin is using is impossible to be hacked since it doesn't have one particular server, every users are included in the network that is why it is too difficult for hackers to compromise it. There were hacking incidents that occur on several exchanges and bitcoin were stolen from its owners, but we can't consider that as a successful attack to bitcoin.
member
Activity: 336
Merit: 10
November 23, 2017, 11:03:03 PM
#52
Bitcoins cant be hacked but your bitcoin wallet can be hacked by hacking your phone...so use a safe place to store your treasure
newbie
Activity: 29
Merit: 0
November 23, 2017, 10:23:23 PM
#51
there are more of those who lost bitcoin due to phishing and scammers than hacking
newbie
Activity: 19
Merit: 0
November 23, 2017, 05:50:45 AM
#50
The local service here has the aspect of a wallet so there is a potential for it to be hacked.
member
Activity: 78
Merit: 10
November 22, 2017, 11:19:29 PM
#49
Yes.
Is there I'm sure they are bitcoin hack
member
Activity: 98
Merit: 10
November 22, 2017, 11:17:33 PM
#48
Sure, there are lots of spammers out there and some have already lost bitcoins because of these dishonest people.
plr
member
Activity: 1162
Merit: 24
November 22, 2017, 11:15:15 PM
#47
Has anyone heard of a hack or attempted hack on Bitcoin

I think this is old news, there have been so many attacks on Bitcoin in recent years this is the reason why so many forks has been happening, just be sure that you keep your wallet secured and your private keys safe while developers are doing their best to protect bitcoin.
full member
Activity: 952
Merit: 104
November 22, 2017, 11:07:56 PM
#46
Has anyone heard of a hack or attempted hack on Bitcoin

this is normal bitcoin hack by hacher because bitcoin as volatile you need to monitor and take care of your bitcoin wallet with strong privetakeys or strong passworrd i suggest with you everytime your not comfortable to your password wallet and you feel not safe change your password to avoid losing your investment or transfer your fund into most safety wallet.
member
Activity: 154
Merit: 11
November 22, 2017, 11:06:39 PM
#45
i haven't.

but it will always be their loss, not bitcoin's.
full member
Activity: 294
Merit: 102
November 22, 2017, 10:58:44 PM
#44
If you're talking about the main Bitcoin being hacked not the ones in each people wallet then i think there aren't so many people who dare to try hack bitcoin, hacker know that it's almost impossible to hack bitcoin although theres a slight chance maybe 20% out of 100 but they know that it will take a lot of money and it will gonna take a long time before they can hack bitcoin because bitcoin itself is a server each bitcoin is a system that almost every seconds it's encryption code change without any pattern. But i'm still not saying that bitcoin can be hacked but for me bitcoin really is ssecure..
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