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Topic: Urgent: Bitcoin can be hacked! (Read 3074 times)

legendary
Activity: 910
Merit: 1000
October 02, 2016, 09:23:38 AM
#52
Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.


"It requires vision."





 

True, it really requires a lot of research and showing some articles saying that there were really instances that hacked are being made and bitcoin was involved but come'on bitcoin it itself can't be hack it does not require me any vision to see it because i can feel it  and sense you are seeing the future go back here in the future and tell me this thing again
For now i am still not experience that my account was hack unlike in perfect money that someone are trying to hack my account.. i hope in bitcoin our money are safe.. so that we can save our bitcoin for a long time..

In bitcoin you are the only responsible for the security of your money (bitcoins). That being said if you believe that web online wallets are good you are a potential victim to become a hack. Desktop wallets are a bit more secure but not secure 101%.

If you want top of the line security you definitely to get a hardware wallet. I have done so am my investment was very small, about 0.035 btc for such hardware wallet but the job it is doing for me is priceless.
hero member
Activity: 672
Merit: 500
October 01, 2016, 05:28:39 PM
#51
If you use a secured wallet and you own the private key i think there is no risk of getting hacked or stolen online, but if you re using online wallet there is always some risk the exchanger get hacked and you lose this way your bitcoins.
hero member
Activity: 742
Merit: 500
October 01, 2016, 04:56:32 PM
#50
Well i think Bitcoin itself can't be hacked , but your wallet could be stolen or hacked if you don't secure it as needed. That's why it's always better to avoid using the exchanger and online wallets services.
legendary
Activity: 966
Merit: 1042
October 01, 2016, 04:24:20 PM
#49
It is so simple to criticize and sling mud.

Anyone can do that.

Even a moron like you can mudsling! Way to go champ! As you said, it's very easy to criticize... Which is literally exactly what your OP is you retard. Get a life.
legendary
Activity: 994
Merit: 1000
October 01, 2016, 10:59:40 AM
#48
Actually wallet or bitcoin address also can't be hacked, if you don't share or store your private key and wallet's password/Mnemonic code online. Paper wallet generated over offline computer and printed out from offline printer can be considered as easiest way to store bitcoin in safe place without exposing any info to online. Anything stored over internet can be hacked similar goes for web wallets and any other private info stored over cloud servers/online.
full member
Activity: 238
Merit: 100
October 01, 2016, 10:50:49 AM
#47
Bitcoin itself can't be hacked because it's secured by two keys, one is public key and other is private key and we know only public key so top match the exact private key it would take much much more time and even wasting such a long time it would be useless if the wallet is found empty.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 01, 2016, 10:34:56 AM
#46
Probably everything can be hacked, or stolen. If we live in constant fear that is not a life, I know how many things can go wrong but that doesn't stop me to spend my time here.
OP said a good thing, don't put all your eggs in one basket. We can`t know will someone hack a blockchain, or will someone rob a bank. Bad things happen and sometimes some bad thing hit one of us. We can`t do much about it, we only can try to protect our self`s the best we can. Always have a exit strategy, or some back up plan, if you think something wrong will happen you can prepare for it.
well you are right, though bitcoins itself cannot be hacked, but people wallets can easily be hacked if they are online
legendary
Activity: 3346
Merit: 1191
October 01, 2016, 10:23:00 AM
#45
Probably everything can be hacked, or stolen. If we live in constant fear that is not a life, I know how many things can go wrong but that doesn't stop me to spend my time here.
OP said a good thing, don't put all your eggs in one basket. We can`t know will someone hack a blockchain, or will someone rob a bank. Bad things happen and sometimes some bad thing hit one of us. We can`t do much about it, we only can try to protect our self`s the best we can. Always have a exit strategy, or some back up plan, if you think something wrong will happen you can prepare for it.
hero member
Activity: 1246
Merit: 588
October 01, 2016, 10:05:04 AM
#44
Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.


"It requires vision."





 

True, it really requires a lot of research and showing some articles saying that there were really instances that hacked are being made and bitcoin was involved but come'on bitcoin it itself can't be hack it does not require me any vision to see it because i can feel it  and sense you are seeing the future go back here in the future and tell me this thing again
For now i am still not experience that my account was hack unlike in perfect money that someone are trying to hack my account.. i hope in bitcoin our money are safe.. so that we can save our bitcoin for a long time..

"your account was hack" as you said sir it was your account and not bitcoin hehe so it is still not about bitcoin itself but it is only involved. Basically if a persons wallet was hacked it was not  a bitcoins fault. You really see a lot of lope holes on it. Like malware or a persons accidentally share its information to a what we call "hacker"
hero member
Activity: 1526
Merit: 624
Maintain Social Distance, Stay safe.
October 01, 2016, 09:52:52 AM
#43
Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.


"It requires vision."





 

True, it really requires a lot of research and showing some articles saying that there were really instances that hacked are being made and bitcoin was involved but come'on bitcoin it itself can't be hack it does not require me any vision to see it because i can feel it  and sense you are seeing the future go back here in the future and tell me this thing again
For now i am still not experience that my account was hack unlike in perfect money that someone are trying to hack my account.. i hope in bitcoin our money are safe.. so that we can save our bitcoin for a long time..
hero member
Activity: 1246
Merit: 588
October 01, 2016, 09:49:45 AM
#42
Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.


"It requires vision."





 

True, it really requires a lot of research and showing some articles saying that there were really instances that hacked are being made and bitcoin was involved but come'on bitcoin it itself can't be hack it does not require me any vision to see it because i can feel it  and sense you are seeing the future go back here in the future and tell me this thing again
newbie
Activity: 14
Merit: 0
September 24, 2016, 09:19:59 AM
#41
OP is a known troll.
To be honest I have no idea why I'm always wasting my time and reading this kind of posts.
Bitcoin is fine and therefore it is absolutely nothing to see here.
Keep your metals or whatever, I will definitely hold my BTCs and not sell any satoshi.

you dont use many wallets ? to keep safe your bitcoins ?
legendary
Activity: 966
Merit: 1042
September 24, 2016, 07:17:18 AM
#40
I don't think that the  Blockchain can be hacked. It's a public Ledger. Grin Grin

so stop putting fear into people Roll Eyes Roll Eyes Roll Eyes Roll Eyes

It is really funny why there are some people who wants to say that bitcoin network can be hacked. Maybe they just want people to panic sell their bitcoins so that the price is going to be low. That is why they want to put fear in the people who uses bitcoin. But even though they want to say bad things to bitcoin still they can't prove it.

This has nothing to do with "panic sell".

If you think I alone have the ability with this simple thread that has little exposure to cause panic sells then you are more delusional then how most replies in this thread have labeled me.

This is about a much larger picture and I hope you are paying attention.

But since you brought up price just take a look at the huge downward pulls that have taken place starting in August.

That is a sign of people seeing liquidation opportunities for what they are.

Nothing to do with this thread.

They say "follow the money".

When something is infected with a fundamental flaw you have to beware of the doctor.

I hear he hates sick patients. 

You sir, are a retard.

Rebuttal?



Seriously though you got your 20 spam posts out of the thread. It's time to lock it. No one fell for your shitty click-bait crap.
hero member
Activity: 3234
Merit: 941
September 20, 2016, 12:44:42 AM
#39
For those of you who think that Bitcoin is unhackable I urge you to think again.

I am not not talking about traditional hacking as in a hack against the core software.

I am talking about perception.

HACK:
http://www.dictionary.com/browse/hacked?s=t
Quote
to damage or injure by crude, harsh, or insensitive treatment; mutilate; mangle:

Many people overlook this unprotected area of Bitcoin and may not have contingencies planned out accordingly.

These are just a few examples of how Bitcoin's image gets hacked.

http://www.wsj.com/articles/in-the-bitcoin-era-ransomware-attacks-surge-1471616632
http://money.cnn.com/2016/08/03/technology/bitcoin-exchange-bitfinex-hacked/
http://www.coindesk.com/european-union-proposes-tighter-bitcoin-controls-panama-papers-response/
http://www.coindesk.com/us-treasury-bitcoins-use-to-fund-terrorism-remains-unclear/
http://www.smh.com.au/world/australia-to-regulate-bitcoin-under-counterterrorism-finance-laws-20160808-gqnne2.html
http://www.defenseone.com/threats/2015/02/terrorism-finance-trackers-worry-isis-already-using-bitcoin/105345/

Remember that Bitcoin's inherent disruptive nature (technology disruptor) adds to the already uncertain global financial stage.

With this in mind I would like to point out an alternative for you to consider when Bitcoin's image is under attack.

Gold and silver has been around for a long long time and many of you are already aware of its existence in bullion form.

However, some overlook the fact that gold and silver provide the physical backbone of Bitcoin's existence.

That equipment you use to mine Bitcoin contains gold and silver.

That PC, tablet, or smart phone you are using to make transactions with or make a trade contain gold and silver.

In the form of gold plated contacts down to that Rohs compliant solder which contains one of the best conductors in the world (silver) precious metals are there to help make Bitcoin tick.

Without the precious metals and a host of many other raw materials Bitcoin obviously would be nonexistent.

Unlike the other raw materials, precious metals has been monetized for thousands of years.

They have always been considered a safe haven in times of uncertainty.


Here are just a few of the perks of expanding your portfolio into precious metals:

-Gold and silver has been backed by governments around the world since the 1980's. The United States, Canada, Mexico, Australia, China, Great Britain, and Austria are all countries that have put into law that they must provide it's citizens with gold and silver bullion as needed by demand.

-Precious metals can be used in Individual Retirement Accounts (https://en.wikipedia.org/wiki/Gold_IRA)

-You can protect your hard earned Bitcoin profits from exchange related hacks that cause the Bitcoin price to plummet unexpectedly.


If you are interested in exchanging Bitcoin for precious metals in attempt to solidify your investment portfolio do a google search and you will be sure to find some reputable dealers that offer up such a service.

https://www.google.com/#q=buy+gold+with+bitcoin

Only a fool puts his/her eggs in one basket.




Everything can be hacked nowadays.There is nothing unhackable.

There is always a risk,but we take the risk because there is profit to be made.

I`m not putting all my eggs in one backet. Grin
legendary
Activity: 2898
Merit: 1823
September 19, 2016, 11:02:42 PM
#38
For those of you who think that Bitcoin is unhackable I urge you to think again.

I am not not talking about traditional hacking as in a hack against the core software.

I am talking about perception.

HACK:
http://www.dictionary.com/browse/hacked?s=t
Quote
to damage or injure by crude, harsh, or insensitive treatment; mutilate; mangle:

Many people overlook this unprotected area of Bitcoin and may not have contingencies planned out accordingly.

These are just a few examples of how Bitcoin's image gets hacked.

http://www.wsj.com/articles/in-the-bitcoin-era-ransomware-attacks-surge-1471616632
http://money.cnn.com/2016/08/03/technology/bitcoin-exchange-bitfinex-hacked/
http://www.coindesk.com/european-union-proposes-tighter-bitcoin-controls-panama-papers-response/
http://www.coindesk.com/us-treasury-bitcoins-use-to-fund-terrorism-remains-unclear/
http://www.smh.com.au/world/australia-to-regulate-bitcoin-under-counterterrorism-finance-laws-20160808-gqnne2.html
http://www.defenseone.com/threats/2015/02/terrorism-finance-trackers-worry-isis-already-using-bitcoin/105345/

Remember that Bitcoin's inherent disruptive nature (technology disruptor) adds to the already uncertain global financial stage.

With this in mind I would like to point out an alternative for you to consider when Bitcoin's image is under attack.

Gold and silver has been around for a long long time and many of you are already aware of its existence in bullion form.

However, some overlook the fact that gold and silver provide the physical backbone of Bitcoin's existence.

That equipment you use to mine Bitcoin contains gold and silver.

That PC, tablet, or smart phone you are using to make transactions with or make a trade contain gold and silver.

In the form of gold plated contacts down to that Rohs compliant solder which contains one of the best conductors in the world (silver) precious metals are there to help make Bitcoin tick.

Without the precious metals and a host of many other raw materials Bitcoin obviously would be nonexistent.

Unlike the other raw materials, precious metals has been monetized for thousands of years.

They have always been considered a safe haven in times of uncertainty.


Here are just a few of the perks of expanding your portfolio into precious metals:

-Gold and silver has been backed by governments around the world since the 1980's. The United States, Canada, Mexico, Australia, China, Great Britain, and Austria are all countries that have put into law that they must provide it's citizens with gold and silver bullion as needed by demand.

-Precious metals can be used in Individual Retirement Accounts (https://en.wikipedia.org/wiki/Gold_IRA)

-You can protect your hard earned Bitcoin profits from exchange related hacks that cause the Bitcoin price to plummet unexpectedly.


If you are interested in exchanging Bitcoin for precious metals in attempt to solidify your investment portfolio do a google search and you will be sure to find some reputable dealers that offer up such a service.

https://www.google.com/#q=buy+gold+with+bitcoin

Only a fool puts his/her eggs in one basket.




Well, they have been trying to "hack" Bitcoin ever since the media portrayed it to be this "anonymous" internet money that cannot be traced back when the first stories about the Silkroad hit the news. Yet here it still stands today.

But I agree with you that it would not be a wise investment strategy to put all his/her eggs in one basket and your suggestion to invest in gold is also a good and wise advice. That said it does not mean that we should stop accumulating Bitcoins. Maybe at these prices it would be bad but if it goes down to $400? Then I will not mind buying more.
hero member
Activity: 2646
Merit: 584
Payment Gateway Allows Recurring Payments
September 19, 2016, 10:32:05 PM
#37
I don't think that the  Blockchain can be hacked. It's a public Ledger. Grin Grin

so stop putting fear into people Roll Eyes Roll Eyes Roll Eyes Roll Eyes

It is really funny why there are some people who wants to say that bitcoin network can be hacked. Maybe they just want people to panic sell their bitcoins so that the price is going to be low. That is why they want to put fear in the people who uses bitcoin. But even though they want to say bad things to bitcoin still they can't prove it.
full member
Activity: 168
Merit: 100
if you believe you can succeed
September 19, 2016, 08:17:15 PM
#36
I don't think that the  Blockchain can be hacked. It's a public Ledger. Grin Grin

so stop putting fear into people Roll Eyes Roll Eyes Roll Eyes Roll Eyes
hero member
Activity: 616
Merit: 500
September 18, 2016, 11:09:36 AM
#35

Never said I hated them, I did say I hate the shilling being done on this forum to promote them. Gold just has that something, mby the

bling that attract people to it... but then again crows and monkeys are attracted to shiny things too.  Grin .... Let me take a calculated

guess here, you own ZERO bitcoins... right, or are you scared they will not pay you, if you admit it.  Roll Eyes

You can't do anything without gold and silver.

No modern day computing = no Bitcoin

Gold and silver however survives without Bitcoin.

That is the end of that discussion.

At the moment that is what attracts me to metals over Bitcoin.

I spent roughly two years in the Bitcoin theater and it was interesting to say the least.

Learned a shit ton but the negatives outweighed the positives.

Wall St. 2.0 is not my style.

Plus there are seasons for everything.

Had to go but I don't take my eye off of it.

Your calculated guess is incorrect because I still have some Bitcoin.

My only suggestion here is that you don't take your eyes off the metals either.

Perhaps someday Bitcoin will grow up a bit and then I would come back to it.











You have made some solid points, because yes bitcoin is still a small child on it's way to progress along the world of currencies.
But don't forget bitcoin's curve to learn will take a lot less time then f.e. gold. Because paypal did a great job making online payments accepted by the masses.

Having your asset in potential (bitcoin) and security (metals like gold and silver) is a good way to earn on both assets.
newbie
Activity: 2
Merit: 0
September 18, 2016, 11:08:48 AM
#34
not bitcoin vulnerable, only our PC and servers )
Bitcoin is the most secure payment system!
legendary
Activity: 1148
Merit: 1006
Black Panther
September 18, 2016, 10:16:39 AM
#33
AFAIK, your bitcoin password can be hack if your computer got infect by malware. Malware can get into your computer when you're clicked some link that contains virus / malware. So My advice , just scan unknown link before try to access it !
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