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Topic: can bitcoin wallet be hacked by hackers? - page 50. (Read 28505 times)

legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
I think the best way is to create a offline wallet and put it in a pen drive. This way nobody can access it. The online wallet is too much risky, at least I can't take the risk. I just searched google and there are many cases of wallet got hacked even after high security.

USB flash drives are susceptible to bit rot/memory loss. they need to be powered every so often. do not count on one lasting years.

keep at least several thumb drives and refresh them periodically. i think just plugging them into a stand alone usb power supply (not a computer, just a charger) may do it but am not 100% sure on that. may depend on the drive.

but paper wallet and hardware wallets are best. i use use paper and a trezor myself.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Anybody that has access to your private key. If you are using a paper wallet someone can steal it from your desk or wallet or wherever you are holding it, but they can not hack your wallet. If you have your
private keys on your computer and someone hacks in and finds it, they will have access to your account as well and can steal your bitcoins, do not hold your private keys stored on computer.
   Protection against thief`s needs to be upgraded all the time, hackers can not do much if you are do necessary things to protect yourself.
Every creation has its flaws, it was made by a person and may be destroyed by one also. So for your own wallet security you should do it yourself, help yourself if your in doubt. Multi wallets are used by others,
a single wallet without any signature or private keys may be at risk. Some buy hard drives for their wallets.
   I think the same, every creation have its own flaws and there will be always people who will try to exploit those flaws. If hacker can not hack you, he can take a gun and steal your computer from your home,
so buying new locks and installing alarms in house also sounds like a good idea.
hero member
Activity: 686
Merit: 500
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It solely depends upon how secure you keep your private keys.If there had been a situation that any one could hack any one's wallet,then no one would be having their bitcoins safely in their wallets and bitcoin would have lost its importance by this time.It is the secured system which has made bitcoin to survive till now.Otherwise,bitcoin security would have been compromised due to bankers and governments by this time.
sr. member
Activity: 336
Merit: 250
There is no chances to hack the bitcoin wallet if the users maintain their security information, login credentials, private key, phone numbers and email ids confidential. The developers developed the bitcoin to maintain the highest security standard and overcome the all unexpected situations. The total bitcoin safety is depends upon the bitcoin users. Hackers are too dangerous and try to hack using your email addresses, IP addresses and any other sensitive information. So, be careful with the hackers and maintain the security.
full member
Activity: 406
Merit: 102
Every creation has its flaws, it was made by a person and may be destroyed by one also. So for your own wallet security you should do it yourself, help yourself if your in doubt. Multi wallets are used by others, a single wallet without any signature or private keys may be at risk. Some buy hard drives for their wallets.
member
Activity: 70
Merit: 10
The best way not to be hacked by great professionals is to be silent in our personal BTC account or remain inactive in public (i the vicinity around you). It can be notably hacked, although it is far from our knowledge, we have to protect our personal information and password, to secure our application from external links.
hero member
Activity: 1148
Merit: 504
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
That is possible if you are using third party program an that is online wallet and I think if you are gonna use a authentication then you are safe from hackers and another is the hard core wallet just like trezor and any other wallet that you are the only one that is holding the private key to access the wallet.

Bitcoin can be hacked if you are less careful. Keeping 2fa for online wallets and keeping the Passphrase of desktop wallet safe, can never lead to loss in he coins. It is our carelessness which be blame to others when we lose the coins.
Thats true, I use online wallet and I add 2fa (sms verify) to get into my wallet and with that extra security, as long as I use my wallet online. I never get into trouble like my bitcoin is stolen or hacked of course because of good security
hero member
Activity: 854
Merit: 500
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Yes possibly. Especially if we doesnt put a high secured password on it , we need to put a high secured passeord so that it is not vurnerable for any attacks and we can breathe safelym and try to use 2fa password so that they will not decript it. I have been try it once. It is effective. Take a secuirity in your acc.
hero member
Activity: 910
Merit: 507
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
I think yes if the hacker is professional they can easily hack your wallet some reason why they can hack if you sign up phishing site that you used same email with your wallet. They can change your password. Thats why used wallet that you can not used email like electrum
hero member
Activity: 798
Merit: 500
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
That is possible if you are using third party program an that is online wallet and I think if you are gonna use a authentication then you are safe from hackers and another is the hard core wallet just like trezor and any other wallet that you are the only one that is holding the private key to access the wallet.

Bitcoin can be hacked if you are less careful. Keeping 2fa for online wallets and keeping the Passphrase of desktop wallet safe, can never lead to loss in he coins. It is our carelessness which be blame to others when we lose the coins.
Mentioned "Careless" I would give you an idea about that point. Suppose if you are not using your wallets address neither stay positive with bitcoin it can be hacked. If it is about careless than bitcoin having more secure system than other Altcoins. It cannot be hack easily so it is not about careless it is about positive with bitcoin and negative with bitcoin.
hero member
Activity: 826
Merit: 501
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Maybe professional hackers can. But it will be a hard try because in a first place, when bitcoin is starting to be establish a few years ago, it started developing and building its decentralized block chain that will take over the doubts being encountered especially in accessing accounts. With this block chain, users can control, monitor and access their accounts with their own privacy setting provided by the decentralized block chain. So the possibilty of your bitcoin being hacked depends on how you handle and take care of it.
legendary
Activity: 1372
Merit: 1005
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
That is possible if you are using third party program an that is online wallet and I think if you are gonna use a authentication then you are safe from hackers and another is the hard core wallet just like trezor and any other wallet that you are the only one that is holding the private key to access the wallet.

Bitcoin can be hacked if you are less careful. Keeping 2fa for online wallets and keeping the Passphrase of desktop wallet safe, can never lead to loss in he coins. It is our carelessness which be blame to others when we lose the coins.

These things doesn't matters big about bitcoin wallet security. You have to make you keep safe wallet seed or private key to be more safer side. Sometimes your online wallet may get hacked due to carelessness via loggin incorrect website which with that url so be careful don't google search it. Enter correct url to loggin to the wallet site.
sr. member
Activity: 2030
Merit: 356
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
That is possible if you are using third party program an that is online wallet and I think if you are gonna use a authentication then you are safe from hackers and another is the hard core wallet just like trezor and any other wallet that you are the only one that is holding the private key to access the wallet.

Bitcoin can be hacked if you are less careful. Keeping 2fa for online wallets and keeping the Passphrase of desktop wallet safe, can never lead to loss in he coins. It is our carelessness which be blame to others when we lose the coins.
hero member
Activity: 2408
Merit: 584
Until now nobody can hack bitcoin wallet except due to errors and inability of wallet users, we never heard blockchain on hack, it proves that this system is very safe and can be used for safe and convenient transaction
yes you are right bitcoin is a safe and secure currency and hacking bitcoin could not be so easy because now in bitcoin there are a lot of wallet invented so bitcoin is safe but there could be some error in the system of the computer or laptop but not the system of the bitcoin wallet so I think hacking bitcoin is not so easy.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
That is possible if you are using third party program an that is online wallet and I think if you are gonna use a authentication then you are safe from hackers and another is the hard core wallet just like trezor and any other wallet that you are the only one that is holding the private key to access the wallet.
sr. member
Activity: 700
Merit: 300
It's possible after all we humans made it and there is always way to get inside something with few logics, line of codes and commands. However it will take more time as compared to normal central processing unit hacks. I would say it is secure than many of codes in the world due to the way it has got login process. For example, two factor authentication, plus your password which is 3 D secure. Altogether they have got big security.


But they can also be hacked if the hacker seem to have experience in the field.

sr. member
Activity: 700
Merit: 275
I'm pretty sure current wallets are not hackable. I mean it has got high security measures always, like private keys, keystone file and prefix phrases etc. That is really complicated process to break out. It will take 40 years to 55 years for 128 bit brut force system to break the password. That's big brain big power and wallets are still hard in front of them due to the way they have been made.
sr. member
Activity: 317
Merit: 251
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
In my own opinion there are really great hackers today that no super security code that can stop them from hacking some device. But there is a great chance that some hackers could hack your wallet and steal all your bitcoins because that is there only thing to do.
hero member
Activity: 3080
Merit: 603
Until now nobody can hack bitcoin wallet except due to errors and inability of wallet users, we never heard blockchain on hack, it proves that this system is very safe and can be used for safe and convenient transaction
Yes it's very safe and the only way hackers can hack wallets is due to negligence of the wallet owners, not the providers like blockchain.info. For example, I click something online and it turned out look like the main website of blockchain.info and I did input everything with my details there, hackers are just in standby and waits for their prey. That's how hackers can hack our bitcoin wallets.

If you link your blockchain.info wallet with gmail, it becomes extremely difficult for the hackers to steal your coins. If you can activate the Google Authenticator, then you can be 99.9999% sure that no one is going to hack your wallet.

It's also one of the factors that makes the hackers hard time to steal others wallet or have access. What they do is sending some phishing like and looking the same with blockchain.info's interface or other web wallets. I've seen people have that experience here and we just need to be aware about the domain if that's the real one.
sr. member
Activity: 322
Merit: 253
First of all it's completely possible for hackers to hack our wallet, but to do so they need to have huge (insane amount) amount of computing power to brute force private keys. Basically what they do is generate septillion of private keys (it's almost impossible) and pray that one of their generated private keys match one of unfortunate bitcoin's user private key (this MAY happen, there's some probability in it, probably your grand children's grand childrens will see one of this type of attack.  

TLDR;
It's possible, but not in 100 years assuming SHA256 is broken.
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