Bitcoin is 100% safe? - page 4. | Bitcointalksearch.org

pinkpanther03

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Quote from: chmod777 on January 22, 2017, 04:20:42 PM

Has the bitcoin system ever been hacked until now? Is there any security vulnerability in the Bitcoin system up to now?

If I am going to analyze it now, bitcoin is 90% safe. The 10% remaining maybe goes in some issue regarding about the circumstances of bitcoin. Even most member said here that bitcoin is more safe than any banks, company, Paypal, or etc. But still it can be hack by a professional hacker. But I think it will only happen once in a blue moon.

Botnake

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Quote from: noictib on January 22, 2017, 08:54:39 PM

I don't find in bitcoin that it is hackable from one side because I searched already about to hack bitcoin network ( whether it is possible or not ) but I didn't found any thing that making atleast small to think that bitcoin is hackable , Since many of the bitcoin services sites are hacked by the hackers but bitcoin wallets itself are not hacked by the any hackers , So Herr no need to think that whether bitcoin is hackable or not ?.
Simple do your job in bitcoin and making earning , it is much safe than bank money .

Smart people are putting big money on bitcoin, that means they trust the system and they have already audited it. If they can do that then there is no reason not to trust the system, it could not be 100% safe but I believe it is very safe to use for online transactions.

We, as users of bitcoin is not only concern on the price increase but the whole system as well, it's an open source, so I don't think computer genius are not convince about it.

vnvizow

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Quote from: valley365 on January 22, 2017, 11:31:13 PM

On the surface the bitcoin seems safe but I am sure there will be problems here and there, and sometimes open the doors for hacking. Look at what happened to MtGox.

Correct me if I'm wrong but wasn't the deal with MtGox is that the CEO basically ran off with all the money to Japan? There weren't any hacking as far as that goes

Quote from: Loganota on January 22, 2017, 11:28:51 PM

A major advantage of open source is that everyone can analyze the code, identify errors, and propose improvements. Is it possible that something went unnoticed by all and some hackers can exploit it? It's possible! Is it likely? Do not.

All major pools swore never to break 33% mining capacity so unless someone has quantum computing tech to overthrow entire mining pools the source code is not going to be changed

IMO the only unsafe aspect of Bitcoin is the price fluctuations, it's either a good thing or bad depending on who you ask.

Pearls Before Swine

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Quote from: Qunenin on January 22, 2017, 11:32:45 PM

I think Bitcoin is 100% safe

Quote from: Juggy777 on January 22, 2017, 11:02:04 PM

I think the Bitcoin system is very safe

Quote from: Dmitry.Vastov on January 22, 2017, 07:15:31 PM

Bitcoin is safe.

Quote from: Text on January 22, 2017, 08:13:49 PM

I think so that Bitcoin is safe.

Quote from: Goms on January 22, 2017, 08:32:18 PM

The bitcoin system is safe,

Quote from: ipanks on January 22, 2017, 09:45:06 PM

i think bitcoin is really safe,

Quote from: morgand on January 22, 2017, 09:28:13 PM

I think Bitcoin system is safe,

My god, you people are brilliant and have a way with words so rarely seen on the internet these days.

All of this sounds like high school Spanish class for some reason.

100%? Never. But it's close enough for government work. OP, now that you have all the answers you're going to get, why don't you lock up this thread so as to keep the monkeys from masturbating all over each other. Thank you.

Qunenin

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Quote from: meemiinii on January 22, 2017, 09:21:18 PM

we cannot say that bitcoin is a hundred percent safe. mybe 98% perhaps. we all know that nothing is that safw these days. it has to be a small hole that can or might be entered by a some sort of a attack in a system.and as what they said, third parties or online wallets are more vulnerable and not as it safest form.

further, the owner must take good care of his or her account, all the private and public keys. dont lose it or else you may not be hacked or breached but you might lost all of your coins due to own negligence.

I think Bitcoin is 100% safe if the user knows the Do and Donts related to bitcoins. Never use an Online wallet to store majority of the coins and in desktop wallet keep your private key secure and never share it with anyone. Should know the concept of public and private keys etc. Once fully understood and implemented, Bitcoin is 200% safe and the best.

mrcash02

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Quote from: dfox101 on January 22, 2017, 10:56:01 PM

100% safe? no coin can be 100% safe. I am sure there are issues of bitcoin that are not discovered yet, and that people will explorer this or that vulnerabilities of the bitcoin.

I agree with you, Bitcoin isn't 100% as any other currency isn't 100% safe too. It can have little gaps which malicious people could use to do something illegal and nasty, like steal money from others... The technology never stops, it can be used for the good (safe for us), but it can be used by evil too (hackers trying to steal us). But I'm sure the reward is good enough to take the risk when using Bitcoins.

valley365

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On the surface the bitcoin seems safe but I am sure there will be problems here and there, and sometimes open the doors for hacking. Look at what happened to MtGox.

Loganota

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A major advantage of open source is that everyone can analyze the code, identify errors, and propose improvements. Is it possible that something went unnoticed by all and some hackers can exploit it? It's possible! Is it likely? Do not.

jtipt

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Quote from: chmod777 on January 22, 2017, 04:20:42 PM

Has the bitcoin system ever been hacked until now? Is there any security vulnerability in the Bitcoin system up to now?

The bitcoin system as a whole the blockchain is safe and it cannot as such get hacked, yes there are few vulnerabilities but it's nothing to worry about. But if we tall about an isolated wallet or private it's safety depends on your computer it can be vulnerable to a malware.

Juggy777

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Quote from: chmod777 on January 22, 2017, 04:20:42 PM

Has the bitcoin system ever been hacked until now? Is there any security vulnerability in the Bitcoin system up to now?

I think the Bitcoin system is very safe and there is no doubt in it. The rumors of hacks are often of the exchanges that get hacked and they often do it to claim insurance. Bitcoin is no one due to. It's security op. It's is not only safe but it's duly secured. However if you put your address and password in one Bitcoin for double schemes, you are inviting hacks. I have been using Bitcoins now for quite a while, yet to face a issue with security.

dfox101

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100% safe? no coin can be 100% safe. I am sure there are issues of bitcoin that are not discovered yet, and that people will explorer this or that vulnerabilities of the bitcoin.

ipanks

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i think bitcoin is really safe, i can not imagine if from the first time bitcoin was launch, mr. satoshi and his team don't think about security for bitcoin, what will happen in future. i am sure that the team will secure bitcoin so bitcoin user will be safe when they use bitcoin.

morgand

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I think Bitcoin system is safe, online wallet and your pc storage offline wallet are not 100% safe. Its all depend on you managed it. I recommend to use offline wallet on your device not online wallet since its hackable. I dont know how but i agree there is no 100% safe on the internet.

meemiinii

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we cannot say that bitcoin is a hundred percent safe. mybe 98% perhaps. we all know that nothing is that safw these days. it has to be a small hole that can or might be entered by a some sort of a attack in a system.and as what they said, third parties or online wallets are more vulnerable and not as it safest form.

further, the owner must take good care of his or her account, all the private and public keys. dont lose it or else you may not be hacked or breached but you might lost all of your coins due to own negligence.

noictib

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I don't find in bitcoin that it is hackable from one side because I searched already about to hack bitcoin network ( whether it is possible or not ) but I didn't found any thing that making atleast small to think that bitcoin is hackable , Since many of the bitcoin services sites are hacked by the hackers but bitcoin wallets itself are not hacked by the any hackers , So Herr no need to think that whether bitcoin is hackable or not ?.
Simple do your job in bitcoin and making earning , it is much safe than bank money .

Lion BItcoin Shop

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Quote from: chmod777 on January 22, 2017, 04:20:42 PM

Has the bitcoin system ever been hacked until now? Is there any security vulnerability in the Bitcoin system up to now?

bitcoin is the safest currency in the world, no central office, no central database.
but its depending of our system too, our security too.
if we can't save our bitcoin at safe place, its easy to lost our bitcoin too.
its like we have bank at our wallet.

SvenBomvolen

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I dont believe in 100 % safe. Nothing is that safe. I think bitcoin is safe enough for us to use it, there is many kinds of protection that someone can take. Blockchain network operate over 8 years now, and there hasnt been problems with it. I dont wish to think about hackers, there will be always scammers in every currency.

digaran

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🖤😏

If you wondering whether or not bitcoin itself is a hacking tool or core wallet being some kind of trojan? some might say mining is a secret alien agenda trying to manipulate and control human's life in the future but it's all fiction and speculations. For someone to attack the network, they would need the most hashrate(computing power) and after the attack they will need to constantly compete with others to maintain their superiority but why would some one go all the way to reach a high level of computing power and have the upper hand wants to hurt the system since they can profit the most out of it if the system stays successful?

Any change or attempting to change anything in the source code requires consensus from many known developers and only after all voted then they can have access to it in github the open source community.

Goms

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The bitcoin system is safe, but bitcoin users need to learn how to safely keep their coins so hackers won't steal it from them.
Bitcoin is money and if you don't safeguard your money, you just might lose it.

Immakillya

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Bitcoin is 100% if the owner take good care of his bitcoin. Aside from DDOS attack. Third party like exchangers that are vulnerable from hackers attacks could possibly loss your bitcoin. Also online wallets like blockchain.info and coinbase wallet is also not really safe to use. Better use electrum or mycelium wallet.

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