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Topic: Could bitcoin be hacked? (Read 2155 times)

hero member
Activity: 756
Merit: 500
May 28, 2016, 04:05:15 PM
#60
i dont think that bitcoin can be hacked, that the bitcoin priority is anonymous that make bitcoin harder to be hacked
but if the thing refer to the hot wallet, i think it's still possible for hacking the wallet service server  Roll Eyes
legendary
Activity: 2926
Merit: 1863
May 28, 2016, 11:05:40 AM
#59
...

Most of you guys are saying that there are quite a few avenues of attack to get your Bitcoin.

I am pretty well convinced that the math of the system means that the cryptography cannot be broken yet.  That may change, but it does look pretty strong for YEARS (Satoshi thought ahead).

But, there are all kinds of other threats: keystroke loggers, bad on-line wallets, the disturbingly common exchange thefts, smartphone vulnerabilities, etc.

I like the hardware wallets Ledger Nano and Trezor for storing the bulk of my BTC.  I keep just enough at blockchain.info to spend or to transfer when I want.
full member
Activity: 448
Merit: 100
May 28, 2016, 11:05:06 AM
#58
For example China could in theory "hack" bitcoin by plowing a few billion into mining farms and screw up the network. It would almost certainly cost more than the cost of the harm they could do, though. The community could probably also fend off even powerful attackers to some extent if they really had to.
sr. member
Activity: 416
Merit: 250
Have a mining rig
May 28, 2016, 11:00:38 AM
#57
Bitcoin cannot be hacked but wallet yes. unless you got secured wallet or online wallet secured
hero member
Activity: 812
Merit: 501
May 28, 2016, 10:44:24 AM
#56
I doubt it could be hacked in that way of expressing it, I think the network overall might be damaged if a %51 attack was initiated but that itself is rather unlikely, and it would ruin the whole network rather than "hacking" it.
hero member
Activity: 1148
Merit: 527
May 28, 2016, 09:55:18 AM
#55
Of course. Bitcoin is a part of the virtual network and as far as I know, everything as in literally everything inside the galactic network (internet) can be hacked, given the proper manpower, knowledge, tools and equipment.

I'm sure bitcoin isn't strictly 100% safe from all attacks but what I can guarantee is that Bitcoin has some kind of a security level so high.
hero member
Activity: 560
Merit: 500
May 27, 2016, 12:44:18 PM
#54
I think bitcoin can never be hacked. Smiley
legendary
Activity: 2758
Merit: 1004
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May 27, 2016, 12:34:46 PM
#53
I do not know, so many great hackers out there, there might be someone who could hack the system owned bitcoin. even so many hackers who broke into a bank with a security system that is almost equivalent to that of bitcoin. but it may be very difficult to hack bitcoin system, since users are also mostly an undetectable, maybe all the people there is someone who has excellent computer skills that maintains the bitcoin system from within
hero member
Activity: 672
Merit: 500
May 27, 2016, 12:15:34 PM
#52
The bitcoin itself cannot be hacked but wallets can be hacked without any doubts, wallets are hacked easily if people just use a simple password.
Always check your firewall and other virus protection stuff.

I couldn't agree more with you the wallet is possible to hacked by someone. Sometimes someone have stolen his balance by someone.
hero member
Activity: 658
Merit: 500
May 27, 2016, 12:14:09 PM
#51
No , it can't be hacked because bitcoins are secured also the transactions are keep anonymously ,but bitcoin otself as they said that it can be hacked and that depends on us .
sr. member
Activity: 420
Merit: 250
May 27, 2016, 11:47:30 AM
#50
The bitcoin itself cannot be hacked but wallets can be hacked without any doubts, wallets are hacked easily if people just use a simple password.
Always check your firewall and other virus protection stuff.
hero member
Activity: 700
Merit: 500
May 27, 2016, 08:16:22 AM
#49
Yes bitcoin industry and bitcoin source,bitcoin wallets,bitcoin itself can be hacked because it's security is not too strong to stand against too many hackers if they will join as one to bruteforce bitcoin.Bitcoins is the apple of the eye of some hackers out there cause of its big value.There is already a history of bitcoin system being hacked but dont worry developers wont let it come that worst
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
April 27, 2016, 04:35:14 AM
#48
As Wikipedia says, Hacking|exploits weaknesses in a computer system or computer network.
Maybe the can do something bad to the Blockchain, like sending a lot 0 fee transactions. But however, they can't get through the system.
legendary
Activity: 2940
Merit: 1083
April 27, 2016, 03:30:19 AM
#47
I believe that once you are connected through the internet then you are hackable. Even the government websites are being hacked now even if they have the highest security or they have their own line it is still being hacked by really bright minds.
legendary
Activity: 1414
Merit: 1002
= jasad =
April 27, 2016, 03:14:31 AM
#46
I've heard that if a group of people controls most of the coins, or transactions, whatever... they could change the bitcoin program, steal etc. How much of this is true and what is the chance that it happens?

EDIT: Yes I was talking about the 51% thing. This thing makes bitcoin look like democracy, which sucks.
i think as technology and program,bitcoin is safe and can't hacked. because so far i never found people find blackk hole in bitcoin program. and the only reason that make bitcoin can be hacked,its a human error,phising,scamming,and other way that doing related with people who have bitcoin on wallet.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
April 27, 2016, 01:40:10 AM
#45
No bitcoin cannot be hacked but YOUR wallets can and exchanges can be hacked as well.  If you are asking in concern of your own bitcoin there are many measures you can take to protect your own bitcoins.  Always do 2FA and consider offline wallets when possible.
There is no possibility for bitcoin wallet to be hacked, it's only our mistake if it gets hacked, bitcoin has strong codes that protects it and it the human mistake making huge problems.

I think its hackable by those pro hackers because for them no system is safe and also phising site is the most common way to hack the bitcoin wallets if the owner log in to their bait then they stole your password and email. And i think thay way you will be hack even not pro can make phisinf site today and it is very scattered now in fb groups and many were victimized by this kind of modus.
sr. member
Activity: 280
Merit: 250
April 27, 2016, 12:53:15 AM
#44
I think yes but as long my wallets wont be hacked its ok.

Its hard to wait and rank accounts.
legendary
Activity: 2646
Merit: 1106
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April 27, 2016, 12:52:07 AM
#43
No bitcoin cannot be hacked but YOUR wallets can and exchanges can be hacked as well.  If you are asking in concern of your own bitcoin there are many measures you can take to protect your own bitcoins.  Always do 2FA and consider offline wallets when possible.
There is no possibility for bitcoin wallet to be hacked, it's only our mistake if it gets hacked, bitcoin has strong codes that protects it and it the human mistake making huge problems.
hero member
Activity: 756
Merit: 500
April 26, 2016, 07:46:22 PM
#42
No bitcoin cannot be hacked but YOUR wallets can and exchanges can be hacked as well.  If you are asking in concern of your own bitcoin there are many measures you can take to protect your own bitcoins.  Always do 2FA and consider offline wallets when possible.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
April 26, 2016, 07:24:53 PM
#41
No one can hack bitcoin but a web wallet, desktop wallet or whatsoever can be hack, it depends on you are so careless to login
without observing the address bar of your browser , well that is phishing if you are using a web wallet but if n desktop maybe someone access your PC or laptop and knows about your informations and get hacked
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