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Topic: bitcoin thieves ? (Read 1576 times)

sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
September 08, 2017, 10:02:39 AM
#68
Thieves are everywhere it doesnt matter if it is bitcoin or something else.
If you give them somehow your data you lose your money, if not than everything is fine.
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 08, 2017, 10:02:13 AM
#67
those situation mostly occur in trading exchange where lots of bitcoin and other all coin is in there and store them. In my opinion it is safe that dont store your coin on an exchange for a long time if you are not buying selling or trading. it is  good to keep it on your online or mobile wallet, if you have desktop wallet it is better  but if you will have hardware wallet much more safer. remember bitcoin is out growing really fast if there are money involve hacker and thieves  are alwasy in our back.

Yes sir, I couldn't agree more myself. Having lost lots of Bitcoins on exchanges that closed, it is a very bad idea to keep them on exchanges for a long time.
full member
Activity: 224
Merit: 100
September 08, 2017, 10:01:21 AM
#66
The main weakness is in ourself, when hacker successful  to cheat through phising, we finish... Shocked
jr. member
Activity: 59
Merit: 10
September 08, 2017, 10:00:25 AM
#65
Yes there are but they are called hackers because bitcoin is online and not in a bank so you cannot actually steal bitcoin but hack their accounts and have it that's how it works for internet thieves.
full member
Activity: 1582
Merit: 101
September 08, 2017, 09:38:41 AM
#64
Yes, there are bitcoin thieves in market. Day before ago some one hacked my friends side and stolen all his bitcoin. Its a great digester for him that he earned with so costly and someone take away all his wealth. So we should careful about our sides.
member
Activity: 98
Merit: 10
September 06, 2017, 12:29:06 PM
#63
those situation mostly occur in trading exchange where lots of bitcoin and other all coin is in there and store them. In my opinion it is safe that dont store your coin on an exchange for a long time if you are not buying selling or trading. it is  good to keep it on your online or mobile wallet, if you have desktop wallet it is better  but if you will have hardware wallet much more safer. remember bitcoin is out growing really fast if there are money involve hacker and thieves  are alwasy in our back.
hero member
Activity: 1106
Merit: 502
September 06, 2017, 10:28:27 AM
#62
you can protect your coin...
when you want the best way to protect your bitcoins is storing them in a wallet.
i think blockchain is the best wallet


Maybe offline wallets can be effective ways to protect your holdings,  but I don't really believe that blockchain wallet can be reliable all the time to be effective of making it more secured. I know there were those options but offline wallets is the best way because it's free from intruders and connecting it to online transactions can be done only during sending the coins at trading sites.
good solution, this is worth trying. lately very worried about the case of coin theft. security is an interesting issue, fishing and various types of experiments are happening a lot.
maybe ransome ware is another case, but this is a concern. nothing is safe unless we try to keep it from being careless.
member
Activity: 490
Merit: 28
September 06, 2017, 06:43:06 AM
#61
you can protect your coin...
when you want the best way to protect your bitcoins is storing them in a wallet.
i think blockchain is the best wallet


Maybe offline wallets can be effective ways to protect your holdings,  but I don't really believe that blockchain wallet can be reliable all the time to be effective of making it more secured. I know there were those options but offline wallets is the best way because it's free from intruders and connecting it to online transactions can be done only during sending the coins at trading sites.
hero member
Activity: 742
Merit: 500
September 06, 2017, 06:36:33 AM
#60
That article is talking about failed exchanges and exchanges where are undergoing problems. In this situation is easy to protect your bitcoin, just keep them in your wallet and don't keep them on an exchange. Choosing a desktop wallet is better than choosing a web wallet and choosing a hardware wallet is the best you can do to protect your coins.
Yes,Mt.Gox collapse is a big eye opener to all those who hold bitcoins in the exchanges.Otherwise,we should be ready to loose our bitcoins.I too used to keep a little amount of bitcoins in exchange when here was a huge transaction fee and transaction time was longer.But it is not advisable.So,its always better to keep our bitcoins in a desk top wallet say Electrum.But care should be taken to download that wallet from the official website only.Otherwise,we would have to loose our bitcoins just as a person lost his 40 BTC by downloading wallet from Electron cash.com instead of official wallet Electrum.org.
full member
Activity: 238
Merit: 100
September 06, 2017, 06:22:38 AM
#59
Yes bitcoin theft is for real and there have a some very intriguing thefts that shakes the crypto-market but the article also suggested good ways you can avoid this theft through cold storage and paper wallet us well as cautious trading. To any major reward there are great risk but the ability to make it out of the danger is the solution you must seek
hero member
Activity: 1400
Merit: 571
September 06, 2017, 06:11:52 AM
#58
Hey, i'm newbie in this industry and I've came across this article - https://fxpmarkets.blog/2017/08/29/crypto-thieves/
Is it true ?
if so - what is the best way to protect our coins?



Use some hardware wallet or any trusted offline wallet, this way, you could secure your bitcoin to the fullest, also to assure yourself so you don't have to worry about it all the time getting steal by someone. Don't fully trust the online web wallets out there, because they are too vulnerable to hackers and could easily penetrate.

Unlike the hardware wallets, you are the only one who knows the private key and it couldn't be hacked since it is offline most of the time.
hero member
Activity: 980
Merit: 509
September 05, 2017, 10:49:03 PM
#57
you can protect your coin...
when you want the best way to protect your bitcoins is storing them in a wallet.
i think blockchain is the best wallet
hero member
Activity: 1176
Merit: 509
September 05, 2017, 10:16:47 PM
#56
For me the best way to protect you coins is by having your hardwallet. It is morr secure than online wallet. If you can't afford to have one, I suggest you save your coins on a trusted online wallet then enable the two factor authentication or 2fa. It will add more security in your online wallet. Then avoid giving your details to unknown person and avoid clicking untrusted links because they might be phishing sites.
full member
Activity: 406
Merit: 114
September 05, 2017, 09:20:26 PM
#55
Lots of suggestions here to use hardware wallets, but do hardware wallets only work for Bitcoin, or can you store Litecoin, dash, monero,  Etherium, on there as well?
sr. member
Activity: 406
Merit: 250
September 05, 2017, 08:19:45 PM
#54
Hey, i'm newbie in this industry and I've came across this article - https://fxpmarkets.blog/2017/08/29/crypto-thieves/
Is it true ?
if so - what is the best way to protect our coins?



you can protect your coin, when you withdraw it but you cannot be succesful to that way so take the risk and trust your online wallet.
sr. member
Activity: 476
Merit: 250
September 05, 2017, 06:46:40 PM
#53
I think blockchain is not easy to hack because it is equipped with 2fa.
although in the article it is said that they also steal phone numbers to get 2fa. but I think that's pretty hard.
the problem now is MEW & Waves. no special security to enter into waves & MEW accounts rely solely on private key. this is very easy once hacked, even if only use fishing web.
newbie
Activity: 74
Merit: 0
September 05, 2017, 06:10:30 PM
#52
Hey, i'm newbie in this industry and I've came across this article - https://fxpmarkets.blog/2017/08/29/crypto-thieves/
Is it true ?

Yeah that is true., the more the bitcoin or other crypto currencies become more popular the more the bitcoin hackers/thieves multiply. So for us just be carefull of using or even selecting your bitcoin wallet. To avoid lossing btc we should be responsible and be assured that all the details of our acc./wallet is fully secured.

Indeed essentially all technology will certainly be a loophole for hackers to commit crimes. Because the hackers already have experience that is high enough in the world of security, which surely will provide many things to give many disadvantages for us. In fact the system is very secure, bitcoin inside just that extra security forces (your account) it depends on how you do it. Because most benefit from hackers a chance at security account you use, if it doesn't you can do all of your Bitcoin surely will disappear
full member
Activity: 138
Merit: 100
September 05, 2017, 06:09:59 PM
#51
hackers not attack the blockchaine directly, but attack the most weak piece in blockchaine, they attack us, user of blockchaine
hero member
Activity: 1036
Merit: 514
September 05, 2017, 06:05:38 PM
#50
According to the article, the thieves will steal the phone number and adjust the account which is an exchange wallet.
So, it's better to use a web wallet which doesn't rely on phone number to open it but only strong password.
Or, just use an offline wallet like paper wallet, hardware wallet, ledger-nano and trezor will be fine.
full member
Activity: 378
Merit: 100
September 05, 2017, 05:40:10 PM
#49
For the online wallets, enabling 2 step authentication where you have to confirm a code text to your phone offers a bit more security and peace of mind. By default it usually is only above 1btc but you can enabling it on all transactions, as well as logging in etc.
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