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Topic: Bitcoin Hacking (Read 2394 times)

hero member
Activity: 1106
Merit: 521
June 13, 2016, 02:08:10 PM
#44
More than likely your wallet will be hacked by someone who knows your password or a keylogger will get into your system but bitcoin itseld is currently completely unhackable, and the best have tried....
hero member
Activity: 1344
Merit: 565
June 13, 2016, 02:02:29 PM
#43
Can Bitcoins be hacked?
`````
Yup. But today, it's almost impossible, the security right now is very stable. Not like on the first 2 years of the bitcoin industry, there are so many cases of bitcoin hacking and stoling form the owner. But the hackers can't do that one today. We have so much internet security to defend from hackers and any other attacks.
I have many comments in bitcoin wallet hacking and losing up. Well am cofident that i wont lose my private key and credentials. Is there any safest wallets or any precautions to avoid such problems. If so can anyone advise what are those?
full member
Activity: 224
Merit: 100
June 13, 2016, 12:11:53 PM
#42
Can Bitcoins be hacked?
`````
Yup. But today, it's almost impossible, the security right now is very stable. Not like on the first 2 years of the bitcoin industry, there are so many cases of bitcoin hacking and stoling form the owner. But the hackers can't do that one today. We have so much internet security to defend from hackers and any other attacks.
newbie
Activity: 31
Merit: 0
June 10, 2016, 12:27:21 AM
#41
So this means if ever i store big money i have higher chance of being hacked?
sr. member
Activity: 294
Merit: 250
June 10, 2016, 12:27:10 AM
#40
Can Bitcoins be hacked?

It is possible although it is highly unlikely. If you're just trying to hacked the private key, then to be honest with the current technology it's not going to get hacked in a long time.

But it is possible to have your computer hacked, and your coins accessed.
hero member
Activity: 1274
Merit: 516
June 10, 2016, 12:23:43 AM
#39
Yes it van be hacked, but its very difficult to hack, the wallet that you used is provided with high security
Usually the problem of people's wallet being hacked not come from the wallet, its because they were being scammed using phishing site and other scam technique not because the wallet is not secure
full member
Activity: 210
Merit: 100
June 10, 2016, 12:20:37 AM
#38
Bitcoin can be hacked, No system is safe , If you have a lot of bitcoin your bitcoin wallet may be targeted by the hackers. Bitcoin can possibly hacked by Hackers
hero member
Activity: 616
Merit: 500
To God Be The Glory!
June 10, 2016, 12:10:17 AM
#37
the only way it can be hacked when you give your private keys of your wallet also when your to dumb enough to give your wallet to others. also one thing if bitcoin is hackable then the hacker would be the richest man on earth.
hero member
Activity: 770
Merit: 500
June 10, 2016, 12:02:18 AM
#36
I don't know about the vulnerability of Bitcoin network. But, if you're careless about your wallet, you're most vulnerable to  Trojans and some harmful malware. So Bitcoin might be hacked (?).
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 09, 2016, 11:53:58 PM
#35
Also I’ve heard from my friend that we need some more super computer to hack BTC and that will take more BTC value than you want get by hacking. so probably no one will do.

The part with the super computer is not that far in the future. I remember reading some article that by 2030, there may be some concern about "hacking" the private keys of satoshi or something and that is the only thing (except the wallets) that can be "hacked" in the blockchain. Anyway I'm quite sure if even such computers exist in the near future, a new system will be implemented that will be more secure and even those quantum PC's wont be able to break it.
Due to shor's algorithm, ECDSA used in Bitcoin address key pair can be hacked (ie. deriving the private key from the public key). In the early stages of Bitcoin, P2PK is used as a way to pay to Bitcoin address this makes them vulnerable to such attacks. Bitcoin address reuse can cause a problem too. The coin generated from gensis block cannot be spent so that is safe. Theoretically, we can lock the address which are vulnerable to such attacks down but that isn't practical. I believe we can shift to another algorithm before this gets compromised.

It takes a few weeks to crack a single address so it is still quite expensive and Bitcoin addresses won't be the first one targeted.
legendary
Activity: 1946
Merit: 1137
June 09, 2016, 11:49:17 PM
#34
duh... nothing is 100% safe.

the safety is determined based on what you do. for example if you are careless about your own safety then it is not even 10%. you can make it as safe as possible and reach the 100% mark eventually, for example in bitcoin you can do this by making a cold storage and keeping it cold.
hero member
Activity: 490
Merit: 520
June 09, 2016, 11:18:57 PM
#33
Hypothetically you could hack the network, realistically you'd have an insanely difficult time doing it and it next to impossible if you were to even attempt it.

As for hacking the wallets, it's basically a game of chance but I saw an infographic that it is also basically impossible to hack a wallet's private address with today's computing power. So your Bitcoin are safe unless you screw up, get a virus, or just pure blind and dumb luck with a one in a trillion chance.
hero member
Activity: 1372
Merit: 564
June 09, 2016, 11:13:51 PM
#32
If youre pertaining to bitcoin network bein hacked i think that is imposible because of bitcoin networks security.But bitcoin itself cannot be hack its your wallet that is vulnerable of hacking and your bitcoins vulnerable of bein stealed.Yes wallets online are not that secured to be not hacked by professional hackers online now.It just easy to decrupt for them
legendary
Activity: 2676
Merit: 2203
BitcoinPenny.com
June 08, 2016, 03:42:38 PM
#31
Can Bitcoins be hacked?
though your wallet can surely be hacked if its not a cold storage wallet, there were people who were complaining about their wallets on blockchain.info being hacked, though i have never faced it myself

I cringe every time I see a thread titled "How many bitcoin do you own?" or "What bitcoin wallet do you use?" or "Are you holding or spending your bitcoin?" or "Where do you find bitcoin faucets?" or any other of a million titles a clever scammer / hacker might use in order to learn all he will ever need to scam / hack all of your bitcoin away.

I'm not a hacker or coder or anything computery, but if I were, then I'd post a few threads like those mentioned above, and I'd bet that at least one forum member inadvertently tells me what kind of operating system he uses, which wallet software he's using, how many bitcoin he owns, how he has those bitcoin distributed among his software, hardware, and paper wallets, what times he's usually at his computer, which online links he's most likely to click on and download, and a ton more super hackery information. (It's crazy how much info we give away without knowing it.)

Just be careful what information you share in a public forum, and you'll be fine.

Nothing can stop the super clever professional hackers if they really want your bitcoin (or any other valuable information), but you don't have to help them, either.

Regards,
Me
full member
Activity: 232
Merit: 105
Solarcoin.org
June 08, 2016, 01:53:23 PM
#30
Also I’ve heard from my friend that we need some more super computer to hack BTC and that will take more BTC value than you want get by hacking. so probably no one will do.

The part with the super computer is not that far in the future. I remember reading some article that by 2030, there may be some concern about "hacking" the private keys of satoshi or something and that is the only thing (except the wallets) that can be "hacked" in the blockchain. Anyway I'm quite sure if even such computers exist in the near future, a new system will be implemented that will be more secure and even those quantum PC's wont be able to break it.
hero member
Activity: 1344
Merit: 565
June 08, 2016, 01:02:48 PM
#29
this question pops up way too commonly lol Tongue. your btc balance is linked to your private key. and there are a finite number of keys so yes your balance can be hacked. but the probability is just so so small that you shouldnt worry about it.

You're talking about bruteforcing, but that's most unlikely thing that will happen. afaik almost all thefts happen when user picks up some trojan.
From there everything goes sideways, but hacking/cracking private key by bruteforce just isn't worth worrying about, for now.
As a crypto currency you cannot hack the BTC in other words its online currency which was created with some mathematical type. There possibilities to hack BTC wallet or private key if you question is about BTC wallet.  Also I’ve heard from my friend that we need some more super computer to hack BTC and that will take more BTC value than you want get by hacking. so probably no one will do.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
May 31, 2016, 06:16:43 PM
#28
this question pops up way too commonly lol Tongue. your btc balance is linked to your private key. and there are a finite number of keys so yes your balance can be hacked. but the probability is just so so small that you shouldnt worry about it.

You're talking about bruteforcing, but that's most unlikely thing that will happen. afaik almost all thefts happen when user picks up some trojan.
From there everything goes sideways, but hacking/cracking private key by bruteforce just isn't worth worrying about, for now.
hero member
Activity: 756
Merit: 500
May 31, 2016, 06:10:19 PM
#27
this question pops up way too commonly lol Tongue. your btc balance is linked to your private key. and there are a finite number of keys so yes your balance can be hacked. but the probability is just so so small that you shouldnt worry about it.
hero member
Activity: 602
Merit: 500
May 31, 2016, 02:42:00 PM
#26
Can Bitcoins be hacked?
yes it can hacked from some ways,bitcoin can hacked from your wallet,its happen if you not put complete security in your wallet,basicly its wallet hacking,not a bitcoin hacking,so far nothing can hack bitcoin as stand alone technology.
hero member
Activity: 770
Merit: 500
May 31, 2016, 02:34:21 PM
#25
Can Bitcoins be hacked?
well bitcoins can possibly be hacked at some point in the far future when the computers will be far better than they are now but it will take hundreds of years in my opinion

though your wallet can surely be hacked if its not a cold storage wallet, there were people who were complaining about their wallets on blockchain.info being hacked, though i have never faced it myself
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