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Topic: can bitcoin wallet be hacked by hackers? - page 52. (Read 28505 times)

full member
Activity: 173
Merit: 100
yes they can hack it
as long as it connected to the internet or just say it's online service
they can hack and stole your bitcoin
so for safety in the future try offline wallet
hero member
Activity: 1750
Merit: 589
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?
Hacking a system is just an easy matter for professional hackers. Also in terms of online wallet where people are always sharing in a world wide web also known as internet. But hacking a wallet is not that simple depending on what type of wallet you are using. Bitcoin has promoted and established its decentralized blockchain that enables its users to have their own privacy lock and private monitoring of their account. But if you really want to assure that your wallet is safe from hackers, then provide a back up wallet wherein you can store most of your assets to prevent hackers to get in touch with your wallet.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
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 it is possible and they can really do. But it is not that easy. Because the first time that I enter bitcoin cryptocurrency, it is promoting of its built decentralized block chain that enables its users to have access in their own privacy locker that will provide and support your privacy and your account. Maybe to assure the avoidance of that matter, secure that you are always checking your account's status and have a back up wallet to store up your assets whenever that thing happens.
hero member
Activity: 980
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?
There are many ways of hacking a wallet,but it depends on what type of wallet you are using. Some safety measures for you are :
Make sure that your password is created in such a way that no matter what happens no one can predict it.
Second ,try to get a hardware wallet /multi sig wallet.
Try to use a Virtual Private Network(VPN) for your bitcoins to be safe.
Try not to keep all your bitcoins in one wallet.Use multiple wallets and divide the amounts in those wallets.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
Yes. There are many good hackers out there who can hack anything they want. But I think that bitcoin wallet has a good security system. So, it will be a bit hard for them to hack it. Just trust the system and make a strong password because weak passwords can be hacked easily. You will begin to get scared when you have much bitcoin because hackers do not go for easy preys. I think it would be best, in casr you have much bitcoin, to have many wallets at the same time if possible
sr. member
Activity: 840
Merit: 268
Yes it is bitcoin wallets could be attack by hackers  100% possible. But there are terms. When an attacker is good af then say goodbye to your wallet. But it is suprr important for you to have a private key on your wallet to keep it secure from attackers or hackers.
hero member
Activity: 1148
Merit: 504
It's even funny to read this topic. I wonder how many bitcoins the wallet of those who are most worried about the safety of their coins? It is only in the movies, the hacker sat down at a computer and have access to. To life hack your wallet will cost more than coins on your account.
I'm not a hacker but I think hackers do not need a lot of expense to do the hacking they need just an online tool, that they might get for free from their expertise. Certainly bitcoin robbery is common because they do not have good security in their wallets. Especially online wallets
legendary
Activity: 1372
Merit: 1027
Dump it!!!
can they hack into our wallet.
Yes some wallets could easily be hacked, take for example a blockchain wallet with an easy

There are many professional hackers out there. What are the chances?
They might be many but without the right tools and information, they are not any better and I think chances of people getting hacked has greatly reduced as most of these scams have been exposed and we are now more aware of safeguarding ourselves.

Also what is the safest way to safeguard ourself?

-We need to avoid clicking random links and know how legit links/emails look like to avoid being phished and let us look for wrong spellings they are a dead giveaway!
-And we need to activate the first line of defence 2fa!
sr. member
Activity: 406
Merit: 253
It's even funny to read this topic. I wonder how many bitcoins the wallet of those who are most worried about the safety of their coins? It is only in the movies, the hacker sat down at a computer and have access to. To life hack your wallet will cost more than coins on your account.
hero member
Activity: 1988
Merit: 593
can very easy, you will help it  Smiley

I began to understand why the exchange BTC-E called ETC scam. The exchange primarily cares about the safety of customer funds, and under the guise of a ETC it could be a coin-virus to get purse files from ETX. For example, I trust the bitcoin.org site and the files on it, but I do not trust the new sites, it will soon be in the bitcoin like classic, I can not trust this coin if it does not have links from bitcoin.org
hero member
Activity: 1232
Merit: 683
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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?

Some steps you can take towards better security, especially if you are planning on holding a lot of bitcoins and for you to not use them include these following options:

1. Consider purchasing a hardware wallet or deep storage if you have a bunch of bitcoins, these are much more safer than online wallets such as block chain or coin base, since you will have access to your own private keys.

2. An offline wallet is unhackable, since the wallet is offline, so I would definitely recommend one of that.

3. I would recommend using multiple addresses since it would make it much harder to hack.
hero member
Activity: 1260
Merit: 524
Ya it is true that Online wallets are very easy to get hacked by the hackers as most of the use the same random password for their accounts in most of the accounts , that is the main reason of getting hacked apart from that if you are using a very simple password then that also be hacked by brutforce But if you have installed hardware or desktop wallet then it is hard to get hacked as it is secured by the 16 words seed key , until you dont install any malware exe your desktop wallet cannot be hacked.
legendary
Activity: 3234
Merit: 1214
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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?

Well of course. Wallets are vulnerable to hacks especially the online wallets. Unlike the Bitcoin technology, wallets (online) are centralized that are vulnerable for a possible hacks. So in order to protect your coins, have a hardware or cold wallet that are seldom connecting online. The less the wallet is connected online, the less the possibility of being hacked.
As stated online wallets has got increased chances of getting hacked as everything happen within the network that is interlinked. For increased security it has provided several added features. Even these were overcome by hackers and has stolen from wallets as well exchanges. So cold storage were good for long term holding or for secured holding of digital coins.
legendary
Activity: 3248
Merit: 1070
cold storage are unhackable, because they are offline, any online wallet is hackable, but if you do a machine that do not run any other software besides bitcoin core, i find it hard that will ever be hackable

but with some exploit there are malware that can go via your router, so even in that case is possible but very unlikely, there are also malware that can be hidden in a usb stick that you bough new on amazon...
sr. member
Activity: 490
Merit: 256
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?

Well of course. Wallets are vulnerable to hacks especially the online wallets. Unlike the Bitcoin technology, wallets (online) are centralized that are vulnerable for a possible hacks. So in order to protect your coins, have a hardware or cold wallet that are seldom connecting online. The less the wallet is connected online, the less the possibility of being hacked.
jr. member
Activity: 103
Merit: 2
Writer
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?

Gday Smiley

That's a broad question, here's my take :

Hacking your wallet can mean many things :
  • getting the password to your wallet program - POSSIBLE, easiest
  • stealing/manipulating your addresses as they are used - POSSIBLE e.g. virus
  • stealing from an online wallet service - POSSIBLE, very hard
  • brute-force cracking your addresses - IMPOSSIBLE

The main risks are the usual ones - PC and password security.

Kapyong
sr. member
Activity: 672
Merit: 251
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Hackers are not as likely to get access to your wallet as you boyfriend or girlfriend.  Just protect your private keys with your life and don't accept downloadsbfrom strangers.  Also- for heavens sakes  don't send your precious  btc to anyone promising to double it or triple it... just hang on tight to your btc and dabble slowly. Dabble carefully.  Hackers ad the least of your worries. Cheers!
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
The Bitcoin private key for your public address will never be hacked by conventional methods. < Brute force > The computational power to do this is simply not enough and the electricity you will waste to do this over time will outweigh it's benefits to do it.

The most vulnerable point of attack is at the 3rd party service providers, for example : Online wallet providers & Bitcoin exchanges, where the code is weak and exploitable. < Also centralized >
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?

I think it is very difficult for a hacker to hack your wallet. Bitcoin is well known for its security. It is the strongest and safest currency for transactions around the world, which is why it always exists and grows. Only new exchanges are hit by hackers, they can not attack bitcoins.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
None of these methods are 100% risk-free. I know one instance in which my friend lost his coins from his Blockchain.info wallet. He had email confirmation enabled, and he had two passwords (one each for login and transactions). The hackers were able to login to his gmail, and then they were able to steal both of his passwords.
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