Once you get your bitcoin in your wallet i think you are safe.
But try not be a victim of hackers that may send you different emails saying that we need the private key.
Or sometimes they ask to export your wallet un-encrypted, by this way you can lose all your bitcoins.
Topic: How safe is Bitcoin really? - page 2. (Read 2387 times)
How hard is it to hack an online wallet?
Can your transactions be stuck in limbo without confirmation?
Can your transactions be stuck in limbo without confirmation?
Bitcoin for people new to it isnt that safe atm for various reasons, even if you get everything right you can find your money becomes worthless. We have been stable for a while now though which is great!
It's quite safe to put your money on wallet. Nothing bad can happen if you keep your stack online.
Would you keep your stack of gold in the middle of the street inside a box? Sure not, even if it's inside a box, it's "out there".
If you really worry about your online wallet, you can make offline wallet.
as far as i know its not too hard to hack online wallets but if you have a paper or hardware wallet its nearly impossible to do that
Exactly. That's why people who want to store their mass of bitcoins in a secure place always obsess over paper wallets, and reputable and trustworthy escrows usually buy a Trezor hardware wallet to store escrow funds.
Any other wallet (such as web wallets or wallets on your computer) are extremely vulnerable and you can never assume that they are safe unless they've never touched the internet before.
I was looking for the right post to quote...
I once did have a problem with blockchain.info. My wallet got emptied by them! I believe I was using their 2FA (which I could never get to work right) at that time, but maybe not. I do not know exactly what happened, but I did get my BTC back after a little back & forth with them. It might have been some kind of programming error while they were maintaining (or upgrading) something. Others had that same problem that night.
That taught me to keep the large bulk of my BTC in my Trezor and Ledger Nano. My BTC holdings on the two devices is roughly 50/50.
How hard is it to hack an online wallet?
Can your transactions be stuck in limbo without confirmation?
the private keys are safe if only you know what they are , dont use a webwallet where a 3rd party is in control of the keys because then u arent trusting bitcoin, you are trusting the 3rd party Can your transactions be stuck in limbo without confirmation?
Bitcoin is the safest one but, the wallets are vulnerable. Each and every wallet having possibility to became hacked. Even cold wallets beacuse, nowadays virus doesn't needs internet to spread -> http://thenextweb.com/apple/2015/08/04/macs-are-no-longer-immune-to-attacks-as-a-new-self-replicating-firmware-worm-demonstrates/
Wallets can be hacked no matter what. I would do some research and learn how to make your own backups. Don't put it all in one place.
Bitcoin as a network and an algorithm is as safe as it can be. Almost 7 years running without any huge problems with surely many hackers all over the world that tried to harm it.
Where the problems come are the third parties wallets, software, exchanges, web wallets and also user ignorance. Also let's not forget malware. This is where all of the Bitcoin problems arise!
Where the problems come are the third parties wallets, software, exchanges, web wallets and also user ignorance. Also let's not forget malware. This is where all of the Bitcoin problems arise!
Basically bitcoin is safe, but the transaction can not be confirmed if the "stress test" is alive at that time.
So in generally bitcoin is safe, but the way how you generate the address, wallet, private keys this can be dangerous.
Recently brainwallet addresses were 'hacked', the sensitive information has been bruteforced and people lost their bitcoin.
So in generally bitcoin is safe, but the way how you generate the address, wallet, private keys this can be dangerous.
Recently brainwallet addresses were 'hacked', the sensitive information has been bruteforced and people lost their bitcoin.
online bitcoin related services are always a loved target for hacker thiefs. that's why you should avoid using them as much as possible.
bitcoin into on itself is not vulnerable. The web wallets and hard wallets are.
Just spread out your bitcoins across several different wallets. If one gets done in you have others to continue with.
Just spread out your bitcoins across several different wallets. If one gets done in you have others to continue with.
as far as i know its not too hard to hack online wallets but if you have a paper or hardware wallet its nearly impossible to do that
Exactly. That's why people who want to store their mass of bitcoins in a secure place always obsess over paper wallets, and reputable and trustworthy escrows usually buy a Trezor hardware wallet to store escrow funds.
Any other wallet (such as web wallets or wallets on your computer) are extremely vulnerable and you can never assume that they are safe unless they've never touched the internet before.
How hard is it to hack an online wallet?
Can your transactions be stuck in limbo without confirmation?
Can your transactions be stuck in limbo without confirmation?
an online service is as vulnerable as any online service..
sony got hacked
apple got hacked
even banks, governments, and fbi sites got hacked.
bitcoin is not vulnerable. but stupid website creators are. this is why you are safer using the actual bitcoin-core client, moreso then using your online bank or buying something on apple/sony/walmart using ur debitcard on their site
nice logic. one suggestion from me pilscoop, if you want to hack an online wallet try to watch Mr. Robot movie
everything have a risk include bitcoin itself
as far as i know its not too hard to hack online wallets but if you have a paper or hardware wallet its nearly impossible to do that
Nothing bad can happen if you keep your stack online. Would you keep your stack of gold in the middle of the street inside a box? No, evne if its inside a box, it's "out there". So what you do is, you take with you what you will use (online wallet) and keep the rest inside a box and inside your home (offline wallet).
Bitcoin is really safe but i mostly use online wallet to use my coins for some online activities.
How hard is it to hack an online wallet?
Can your transactions be stuck in limbo without confirmation?
Can your transactions be stuck in limbo without confirmation?
Possible an online wallet is get hack, this is all about human error. bitcoin it self can't get hack, what's purpose, even this is open source code.
Just don't use online wallet, better to keep your coins on cold storage.
But more possible inside job involve to hack online wallet because it required more technical information about server to comprised any online wallet, for long term hold only cold storage is better option to keep safe your coins.
it's not bitcoin at dangerous, unless you want to talk about its random vulnerability that may happen form time to time, and only make it stronger
but more the device in which it is used, there are also weakness of bitcoin, which are vastly known https://en.bitcoin.it/wiki/Weaknesses
but more the device in which it is used, there are also weakness of bitcoin, which are vastly known https://en.bitcoin.it/wiki/Weaknesses
How hard is it to hack an online wallet?
Can your transactions be stuck in limbo without confirmation?
Can your transactions be stuck in limbo without confirmation?
Possible an online wallet is get hack, this is all about human error. bitcoin it self can't get hack, what's purpose, even this is open source code.
Just don't use online wallet, better to keep your coins on cold storage.
Bitcoin is one of the safest 'financial instruments' I know off. Its however not idiot proof.
As others have already stated, it can be as secure as you want it to be. Keep most of your coins offline and only expose what you are willing to lose to the world i.e. online/hot wallets.
As others have already stated, it can be as secure as you want it to be. Keep most of your coins offline and only expose what you are willing to lose to the world i.e. online/hot wallets.
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