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Topic: Is Bitcoin Hackable? - page 7. (Read 4099 times)

newbie
Activity: 98
Merit: 0
April 22, 2018, 09:55:30 AM
Waiting for quantum computers, it will be interesting to watch battle between cryptotechnologies.
Nowadays the one and only way is to hack wallet information.
newbie
Activity: 65
Merit: 0
April 22, 2018, 07:40:35 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?

I think it is impossible, bitcoin is very secure. but, I dont know next time.
member
Activity: 672
Merit: 32
April 22, 2018, 07:39:48 AM
-snip-

No system is perfect but bitcoin is pretty much the closest thing you can have. The security problems are immediately treated whenever new forks are trying to by pass bitcoin. What you should focus on is your own personal computer or phones because the hackers might fish into it. You can prevent them from leaking your device by installing security programs and be cautious to any suspicious links.
For bitcoin I don't think it's possible because blockchain / decentralized system that allows offender to cross multiple walls at once in several bitcoin nodes simultaneously. maybe for the exchange platform can still be because server is centralized. may be useful
sr. member
Activity: 1456
Merit: 359
April 22, 2018, 07:38:18 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?
Yes! It is possible that your bitcoins can be hack by some bitcoin user. It is really necessary to choose bitcoin wallet wisely for you to protect your bitcoins from many hackers here in the cryptocurrency market.
sr. member
Activity: 812
Merit: 250
April 22, 2018, 07:33:35 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 system is perfect but bitcoin is pretty much the closest thing you can have. The security problems are immediately treated whenever new forks are trying to by pass bitcoin. What you should focus on is your own personal computer or phones because the hackers might fish into it. You can prevent them from leaking your device by installing security programs and be cautious to any suspicious links.
newbie
Activity: 210
Merit: 0
April 22, 2018, 07:22:48 AM
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.
full member
Activity: 265
Merit: 100
April 22, 2018, 07:14:08 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?

As this point of time the bitcoins are not yet hackable because even the master conputer cannot hacked it even the super conputer cannot do it so, so far no one can hacked the bitcoins system for unknown reason ir is such a wonderful thing that the one who made it did not revealed him or herself maybe because of security purposes because maybe he know that those things might happen if he do that. But so far bitcoins is pretty much unhackable but remember there are scams everywhere
newbie
Activity: 196
Merit: 0
April 22, 2018, 05:38:14 AM
actually it is hackable,that acknowledge every one.if will do hack it,many body can fall loss.so i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems.thanks a lot
member
Activity: 294
Merit: 11
April 22, 2018, 05:25:34 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 hackable so let's just be careful on keeping our account log in or sharing our passwords to others. We better to install applications that strengthen the security or password of your Bitcoin transactions most specially in withdrawing money.
full member
Activity: 434
Merit: 105
ADAB ICO
April 22, 2018, 05:21:04 AM
I think Bitcoin isn't hackable but the online wallets are hack-able.
So it is up to us on how are we going to secure our bitcoin or money.
There are some offline wallets and I think it is the best way to secure our savings in crypto currencies.
jr. member
Activity: 168
Merit: 2
"PLAYHALL - SKILL GAMING PLATFORM"
April 22, 2018, 05:19:25 AM
Obviously bitcoin is not, But your bitcoin wallet yes.
full member
Activity: 434
Merit: 100
April 22, 2018, 05:11:56 AM
Bitcoin is safe and secured that the only problem that a user would be facing is through human error which may be used by the hackers to develope creative way to spam people or fool us users.
member
Activity: 210
Merit: 10
https://eloncity.io/
April 22, 2018, 05:06:23 AM
I am sure many have asked this question before proceeding with the extraction or purchase of cryptocurrency. As far as I know, the type of encryption that is used in bitcoin code cannot be hacked.
full member
Activity: 560
Merit: 113
April 22, 2018, 04:08:04 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?
hacking bitcoin is possible everything in the internet can be possible to hack but its not easy to do very few people who have good knowledge in programming/hacking can only do that
member
Activity: 364
Merit: 10
April 22, 2018, 04:06:31 AM
Well, i think bitcoin is not hackable. But wallet is hackable. So you can lost your bitcoin if you put your key not safe.
So not bitcoin is hackable but wallet of bitcoin.
How can you be so sure, no system is safe, the Bitcoin network not gives us assurances, not the insured. Everything can happen.

Because blockchain is constantly being reviewed by bitcoin users, hacking is not possible. On the other hand, though, the fact that bitcoin itself is hard to hack does not mean that it is a safe investment. There is indeed a potential security risk at various stages of the trading process. Security issues have become fundamental to bitcoin since its development. On the one hand, bitcoin itself is very hard to hack, and that's mostly because of the blockchain technology that supports it
newbie
Activity: 126
Merit: 0
April 22, 2018, 03:47:17 AM
Yes but maybe individually, that's the biggest weakness of bitcoin, you can not cancel the transaction.
member
Activity: 364
Merit: 10
April 22, 2018, 02:57:08 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?

There are reports that there bitcoin wallet are hacked and i am afraid of it. Thanks that i was not able to experience it. I am trusting upon bitcoin development that this is already taken care of. But as owners we should take some precautions to protect our holdings.
member
Activity: 216
Merit: 17
Xircus
April 22, 2018, 02:49:25 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?
Honestly wherever you are and what ever you do as long as it is online system and then it is possible to be hacked.And the best we can do just try to keep in a safe software amd never in a public you can open your key.
jr. member
Activity: 85
Merit: 1
April 22, 2018, 02:45:54 AM
Bitcoin is a constantly evolving system and the code of its main software client Bitcoin Core has been repeatedly changed and improved. Despite the fact that independent professional programmers from different parts of the world are working on this code, and the final decision on making changes to the code is made after their thorough discussion, there is a potential danger of unintentional errors (bugs) and vulnerabilities. This risk is scanty, but it is there and it must be taken into account. Moreover, this has already happened in the history of Bitcoin.

Bitcoin is vulnerable to hacking since its code is open source so the programmers continuously review its flaws. The networks and storage locations where bitcoins are housed and “protected” can be hacked by malevolent forces. Also it can be hack if you give your secret password or put it in a USB and you lost is.
member
Activity: 238
Merit: 11
April 22, 2018, 02:45:05 AM
Bitcoin is a constantly evolving system and the code of its main software client Bitcoin Core has been repeatedly changed and improved. Despite the fact that independent professional programmers from different parts of the world are working on this code, and the final decision on making changes to the code is made after their thorough discussion, there is a potential danger of unintentional errors (bugs) and vulnerabilities. This risk is scanty, but it is there and it must be taken into account. Moreover, this has already happened in the history of Bitcoin.
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