Pages:
Author

Topic: Is Bitcoin Hackable? - page 28. (Read 4116 times)

full member
Activity: 938
Merit: 105
October 28, 2017, 06:28:49 PM
#73
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
Bitcoin can't be hack by anyone because it is fully secured and we have a unique keys that can make hackers to hardly crack it down. Maybe it just happen because of our own carelessness and we exposed our password and let other people using it.
sr. member
Activity: 490
Merit: 250
October 28, 2017, 05:58:18 PM
#72
Yes, I do believe that bitcoin can be hack, as we can see there weee lots of issue here that they lost the butcoin because someone hacks their account, so in world wide web everything can be manipulated by anyone with a great skill on technology. But since bitcoin has the large feature of security then it lessen and minimize those shit hackers to enter the system at all.
full member
Activity: 252
Merit: 100
October 28, 2017, 05:57:28 PM
#71
Everything is potentially hackable but at what cost. To hack a bitcoin transaction, one need to own 51% of the mining power. To hack the private key, you need probably quantum computer, but it's easy to hack people's login, email, thus phishing their exchange logins to steal the coins..., human are the weakest link not bitcoin.
sr. member
Activity: 2506
Merit: 368
October 28, 2017, 05:48:09 PM
#70
Everything on the internet is hackable, but the question is , will it be easy, I am sure bitcoin should be hackable but wont be that easy.. Minor hacks like targeting a person and stealing his private keys should be the easiest but hacking the network .. thats a story for another time
What you see on the internet could is different than what you see in the inside because when the hackers is doing their dirty works, it's not that easy if you think so. There were some guides and pattern that they had to follow first in order for them get the hack done successfully. And that's why bitcoin cannot be easily hack from you if you are too wise than those hackers. Best counter for these hackers is you better hide your private keys or write it on a piece of paper then hide it where you wouldn't forget it. Once you forget it it's all goodbye for no good.  Grin
member
Activity: 112
Merit: 10
October 28, 2017, 05:46:01 PM
#69
Bitcoins can't be added to your account like in bank. You would have to modify all the nodes somehow. The only possibility is a majority of hashrate. It is called a 51% attack. It is possible, however it is too expensive to perform so it's not worth it. Bitcoin is safe in general, especially if you have control over your private keys (software or hardware wallet).
member
Activity: 98
Merit: 10
STOCKBET TOKEN SALE OCT 29 - USABLE SOFTWARE TODAY
October 28, 2017, 05:44:50 PM
#68
Some believe that the NSA will eventually hack bitcoin
jr. member
Activity: 115
Merit: 2
October 28, 2017, 05:21:12 PM
#67
Bitcoin is hackable. so is every other system relevant to cybersecurity.

Bitcoin is not as hackable as others bcause of it decentralization. where if any target on the bitcoin network is hacked the damage that can be caused will be limited. decentralization provides compartmentalization of risk.

we have seen many attacks on bitcoin but these are all social engineering and political attacks. and attacks on centralized organizations that use bitcoin but operate outside of the network.

Cyber warfare is one of many strong incentives to transition from traditional organization into a world of decentralized ecosystems made possible by cryptocurrency.

https://www.youtube.com/watch?v=lbpCLoXPiC4
hero member
Activity: 3080
Merit: 603
October 28, 2017, 05:08:22 PM
#66
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
Are you using a local dictionary as you type this question? Bitakayena or bitcoin? Well whatever it is, bitcoin can't be hack but the storage or the wallet that you use can be hacked. If the wallet you use is poor in security then you are at risk, actually all of us at risk because  this is their job to hack. But the blockchain technology itself, it has a strong security that hackers can't hack for now I guess.
jr. member
Activity: 37
Merit: 10
October 28, 2017, 05:00:01 PM
#65
BitCoin can be completely hacked if you do not protect them well
Keep your passwords, private keys safe, easy to remember and never forget them,
full member
Activity: 560
Merit: 101
October 28, 2017, 01:27:18 PM
#64
Everything in this world can be hacked, as long as it has ability and knowledge about it. Same with bitcoin, because it's virtual where everyone can access internet. Requiring special skills and advanced tools may support it for hacking btc.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
October 28, 2017, 12:50:49 PM
#63
Bitcoin can be hackable, almost all in the internet can be hack but it need a specific knowledge to be able to hack it. It will be hard because every wallet can generate random keys so it is hard for them to hack it but it is still possible to hack it. Probably, the government hackers can do it, but they just don't because it is illegal. It will take time but the possibility is there.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 28, 2017, 12:33:01 PM
#62
In today's generation everything is hackable if it is anyway connected to the INTERNET. And by the way it is not easy to hack the bitcoin system and blockchain technology. But here everyday someone is being scammed by bitcoin system of process as it does involves Anonymous type of transactions. Developers and Coder are working on the process of the bitcoin and will soon release the solution for this problems, lets expect something positive here.
sr. member
Activity: 630
Merit: 250
October 28, 2017, 11:07:54 AM
#61
I am not sure the bitcoin is hackable or not but people can send a virus to your system and they can change your bitcoin address while pasting your address in any transaction. this happens to me.
legendary
Activity: 2744
Merit: 3097
Top Crypto Casino
October 28, 2017, 10:46:50 AM
#60
There is no system without vulnerabilities. It is hard to hack Bitcoin because of its decentralization and because every trasaction have to be checked many times before confirmation. Hackers can attack users and steal their wallets by spamming and other methods I can't mention here. But that can't be considered as hacking the Bitcoin network.
legendary
Activity: 3052
Merit: 1273
October 28, 2017, 10:42:33 AM
#59
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

Based on my understanding, everything in this world that possesses a monetary value is hackable, be it Bitcoins or people's bank accounts that contains real fiat values in their accounts that get swiped in a second without their permissions. Though, if we compare, bitcoin is much more secure over fiat bank accounts as these accounts only need your password to be hacked which looks somewhat easier than hacking Bitcoins' private key. Unless you leave some slits in your own system like leaving it shareable over the network or let others use it through any means, you are not prone to such hacking possibilities.
newbie
Activity: 14
Merit: 0
October 28, 2017, 10:41:28 AM
#58
To achieve today's success. Bitcoin must have a lot of credibility, so hacking Bitcoin is unbelievable, try to get it with your hands  Wink Wink
full member
Activity: 210
Merit: 100
October 28, 2017, 10:36:42 AM
#57
Everything can be hacked. Even without online even our uses. It depends on the owner how he keeps his belongings. And I'm looking at the developers of bitcoins that we only know on the call Satoshi Nakamoto. Even with his personality we do not know how we can steal something without the source of suspicion. So think bitcoins are hard to steal and it's definitely going to make you here for many years before you take a step in your plan
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 28, 2017, 10:30:46 AM
#56
Bitcoins is very very difficult to be hacked if ever. Because of the number numbers in each account that you need to arrange before you can hacked it.

Bitcoin private key is really hard or we can say impossible to hack but the wallet can be hacked if they security measures are not set if the user has weak password and has not enabled all other security features, but Bitcoin it self is unhackable. We have not seen any case in which Bitcoins are hacked.

that is right and unless we don't save our private keys in safety place then i think it will open the chance for the hacker or other people which close to us to trying to access our wallet. we can see many people is not thinking about this and after they are getting hacked or the private keys is used by other people, they become angry but this is because their mistake. so we need to thinking to save the private keys so we don't have to be worried about bad things that could be happen and the most important is we can avoid our wallet balance being stolen.
member
Activity: 86
Merit: 10
Healthpromag.com
October 28, 2017, 09:54:46 AM
#55
Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

Hmm.. The truth is that bitcoins security is very tight and that's something to be happy about. Even if there's a hack I think the only problem would be the anonymity part cos all the transactions can be traced since its going to be recorded on thee blockchain but the wallet would be faceless and all that. But that's why the developers are always working to make it secure daily so as to prevent that kinda stuff happening
full member
Activity: 1638
Merit: 122
October 28, 2017, 09:54:13 AM
#54
Bitcoins is very very difficult to be hacked if ever. Because of the number numbers in each account that you need to arrange before you can hacked it.

Bitcoin private key is really hard or we can say impossible to hack but the wallet can be hacked if they security measures are not set if the user has weak password and has not enabled all other security features, but Bitcoin it self is unhackable. We have not seen any case in which Bitcoins are hacked.

bitcoin is stil hackable because it is in an online environment therefore it is prone to hackers , malwares, and viruses not unless you store your bitcoins offline in a cold storage or in a hardware wallets like keepkey and trezor. although it doesnt really matter to follow these strict security measures if your bitcoin is not that much or you dont do business that involves big capital.
Pages:
Jump to: