Is Bitcoin Hackable? - page 3. | Bitcointalksearch.org

edsnowangel

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Citowise-Developing Crypotpayment Infrastructure

Quote from: NNMT on April 23, 2018, 06:58:02 AM

In my opinion bitcoin can be hacked. Because in 2011, hacking activities have cost tens of millions of dollars. Over the years, many attacks on Bitcoin have caused huge losses to investors.

what you are saying I think hacking bitcoin wallet and not bitcoin blockchain bitcoin wallets differs from bitcoin blockchain bitcoin wallets varies on their security base on their provider and bitcoin blockchain was secure with the encryption made it more impossible to humans to solve the math of encryption.

Glorypaasa

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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?

No based on ny own experienced it is safe and not hackable by someone. But of course we need to secure our money for some back up purposes. Dont trust easily to those person that you really dont know. And dont ever try to open your account to someones personal computer.

NNMT

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In my opinion bitcoin can be hacked. Because in 2011, hacking activities have cost tens of millions of dollars. Over the years, many attacks on Bitcoin have caused huge losses to investors.

harbs23

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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?

actually no one system is perfect! but in this case is different . bitcoin is not a hack or scam. it is up to us on how it is use properly.
As they say! THINK BEFORE YOU CLICK!

Krispin47

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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?

here in forum you can got that when you scam others here in bitcointalk forum no one is secure here even your so protective in your account if the work of some person is hack or scam other they have also an professional skill from doing that i have also group in facebook group that can create a phsing site to hack someone so be careful before you register in other site

trader_ok

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The higher the demand, the higher the security of bitcoin. But of course nothing is 100% secure and a potential hack could happen, but that would really bring a lot of damage and lack of trust in cryptocurrencies as such.

Naster

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Crypto Currency Exchange, IPTV, AWS

The biggest threat of security are PEOPLE. The miners which "control" the transactions can put their force together (to become §centralized") and exploit this to manipulate transactions (very unlikely that it happens at the current time, but still it's not impossible). However for this to happen, they have to gain control of 51% of the computing power of all miners.
In theory, obtaining a majority of network power could potentially enable massive double spending and the ability to prevent transaction confirmations, among other potentially acts.

Even if some leaders in the industry believe that possessing 51% of network power is not enough to enable an all-out attack, it's still a risk to keep in mind.

It's critical to keep the network decentralized as much as possible.

For instance, you can see here the actual distribution of mining pools:

Ucihashin

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To me things based on internet are hackable.no matter how strick security you provide it is still on some risk.

Namsantower

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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

money1122

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All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems

Cutieh01

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Quote from: jeepuerit on April 23, 2018, 05:36:58 AM

Bitcoin is not hackable, it is used by many investors and partnerships, making hackable people just themselves, because they want to make their wealth easier. Bitcoin made to grow or develop the country.

Yes maybe you can hack bitcoin since bitcoin is a programmable it can be view by the programmers. But as we all know bitcoin is build in blockchain technology so it is compose of multiple password so it is not easy to hack maybe in the future we never know.

linshuhow

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doesn't seem likely, one of the values of Bitcoin or Blockchain is it's security

Saldung

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Bitcoin is hackable or not depend on you keep your wallet private key safe or not cause there are no way to hack Bitcoin if hacker doesn't know any informations about the wallet you are using to keep your Bitcoin. Beside if you use web wallet I think it's a little bit more difficult to hack cause when anyone want to withdraw Bitcoin from your web wallet they need to know the code sent to your phone so it's impossible to hack your Bitcoin if they can't hack your phone Smiley). Beside what does Bitakayena mean?

Gandrong

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Yes, almost all the threads in Meta are enough proofs to say that bitcoins are hackable. More or so, there are lot of scammers too. New accounts seems to find ways to gain faster nowadays by hacking and scamming bitcoin users here. Old members seem to trust services because of past experiences that are smoothly done. But in my opinion, all must be very careful now. Scammers and hackers are everywhere.

Abangsali

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I will say it is dependable on the wallet. While some wallets are susceptible to hacking others are more prone.

But once all security features are activated you should be safe.

Ehsanko

jr. member

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When anything digital is form of 0 1, there is still chance but the efforts needed is enormous and yet to be exploited. Present security measure on cryptocurrency are still considerably very safe though, private keys and 2FA are very reliable as long your device is not compromised before implementing them. So far i haven't hear any type of hacking methods that could render these security measure useless other than hijacking/human error. As for the bitcoin network itself just google and you would know difficult was it to 'HACK' the entire blockchain and steal your bitcoin by resolving the entire blockchain with maybe an alien supercomputer from outer space.

tungaqhd

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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?

It can be hacked but not such easy. They can hack bitcoin system or your wallet only. However, developers are working everyday to make it more secure.

Krillin61

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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 is not hackable, the entire bitcoin can never be hacked or stole by someone. but often happens the wallet of bitcoin holders is stolen, the security of your own bitcoin is in your hands so if you're shabby people will definitely lose your bitcoin

redhorsebeer1980

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Anything that are connected to the internet are hackable.I think the wallet you use can be hacked if you do not use enough security features.It is very difficult to hack bitcoin private key.If you use online wallet use strong password and do not open publicly.

sumanto

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Quote from: rony01941 on October 28, 2017, 12:57:07 AM

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?

technically and entirely bitcoin can never be hacked or stolen, most of which are stolen because the bitcoin owner is probably careless and can not keep the security of his wallet to make the bitcoin that he has stolen.

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