Bitcoin Forum

There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

That's basic internet security tips. I learned those things a long, long time ago and my children learned them in grade school. I don't think there are many people who don't have some kind of knowledge when it comes to these basics, but actually applying the knowledge is a completely different story. Most of the time it just comes down to not going to sketchy sites, have 2FA enabled and don't use online wallets if you really want to have dedicated security for your wallet. Cold storage will always beat any password or security system that you try to implant.

Are you dumb or you are just newbie in here?

We all know that our bitcoins can be easily hacked, and most of us who have a larger amount of bitcoins have purchased trezor's or nano ledger's wallets, that is the most safest way to protect your bitcoins because you can setup a pin, and there is no way that a hacker can pass through that PIN.

And no, all those wallets that are on the internet are not safe, they all can be easily hacked if you have a rat on your computer, that is why it is always recommended to invest some money to purchase an offline wallet, because there is no way that you can lose your money by having your bitcoins in there.

Everybody knows why all those hackers are stoling bitcoins, and there is no way that they could hack you if you have a good wallet like the trezor one, i have been using this for some time and it is the best wallet that i have ever used.
And now that bitcoin is pretty high, all those hackers are in a hurry to steal as much bitcoins as they can, because they know that bitcoin is like gold right now, and would never stop going up.
But one of the biggest robberies that bitcoin had, were about that "Online wallet" that was giving bitcoin gold to those who were going to put their bitcoin private key in there.

This is why it is never recommended to have your funds in an online wallet, because all your funds can suddenly dissapear.

it's not really hacking if you are sharing your information.

If you store your coins in a safe decentralized wallet, no one can access and hack them

But a lot of people are now being hacked becuase of the forks, and this is not the fault of the hackers, this is because people are so anxius about getting forked coins for free, or even those altcoin airdrops too.

There is a lot of people who lost a huge amount of money because they exported their ethereum private key to one of those erc20 airdrops.

They just lost everything, and i heard about a guy who lost more than 1000 ethereums because he wanted to claim some Ethereum Blue.

This was a really sad story, but he really diserved this because it was his fault, and obviously because he was so greedy.

With poor regolamentation in term of cryptocurrency, hackers and scammers are more stimolated to rob bitcoins. They kinda risk nothing with super high profit, what cant they ask more.

Bitcoin itself have never been hacked, maybe that's the reason why the price of it reaches $8637 while I am typing this. Hackers can do hack Bitcoin exchanges just like what happen to Mt.Gox because it is centralized, they can also get Bitcoin wallets by spreading different kinds of malware in the Internet and those gullible Bitcoin users will leak their own personal information without noticing so everything is hack-able for hackers if we don't take safety measures in securing our very own Bitcoins.

Security for your coins so that others can not access your funds is the most important thing you want to know when holding on your bitcoin or other cryptocurrencies.  strong paswords, clean computers, hardware devices, paperwallets, 2FA, secure internet access... all are important. 

If you are smart enough you would not place all your funds into one of those wallets like Xapo or Coinbase, they are not safe enough and you can be easily hacked through them.

And maybe they can just close your accounts without your knowledge and they will keep your funds forever, the same applies to those who are keeping their funds on bittrex or poloniex, it is very risky to have your funds on an exchange too.

And i saw a lot of people using those exchanges as wallets, and they do not even have 2fa activated on their accounts.

Of course bitcoin can be extremely easy hacked. If yout think, for blockchain wallet you just have have to hack an email adress(wich should be easy for an intermediate hacker) and you got the account from where you can stole bitcoin. People should notice this and secure their wallets and email addresses with strog password and also add a mobile verification at every log in because that is not very easy to hack.

I suggest everyone to not expose any kind of informations on internet on their amount of bitcoin they have because that's what hackers are looking for. If they know you have a big amount of bitcoin they are going to watch you activity until they are going to find any informations(passwords, email adresses, mobile phones) that could hack the system.

Another tip is to use only one email address for websites like faucets, hyip, cloud mining, different forum or any kind of simple website. Also every time change the password because hackers are going to check every websites where you logged in, especially those ones who are easy to havk like faucets. Use your primary email address for important websites and dont expose it online. If you have a business create another email address especially for that business contact.

then according to you where is the safest place to keep the funds? is it in the wallet safe? I ask for your opinion !!

This is such an unapproved information which definitely doesn't deserve any reaction of clients and bitcoin's investors.

The title of this thread is a bit misleading - it seems like Bitcoin can be hacked (and by Bitcoin, we mean bitcoin network, the blockchain).
But the truth is that you mean individual people's wallets and coins stored by individual bitcoin users.
Without maintaining proper digital hygiene we can be a target for all kinds of malware, trojans and direct attacks - not only your bitcoin wallets can in danger, your bank accounts, PayPal etc. too!

Basically no one can hack bitcoin, since the blockchain technology is an immutable system that people can't delete or edit any data recorded on blockchain. They could only steal your bitcoin from your wallet because of lacks security of individual.
Me, first time using bitcoin think like, it's just a data, so maybe someone can edit the number of their bitcoin amount on their wallet like they hack a bank system. But I was wrong. Blockchain is something different, it transparent and secure.

That is not hacking.
Even the term hacking is a bit misleading because you actually would have to "crack" a wallet key.

The guys you mentioned just fell victims to simple phishing attempts.
These days if you really want to claim your helicopter coin you should really take the time to learn how to build your own wallet.


Ironically,  we have quite the twist here
Most people that lost their coins have downloaded wallets in order to keep the coins safe on their own computer/phone and not rely on online wallets.

People are careless and don't think of security until something happens and they lose their shit. I once stumbled upon someone's private account in a public library. Some woman not only logged in to her personal account via a publically accessible computer but didn't even bother to log off. She just left it all there and walked away.
Don't start to panic when you hear that someone has been hacked, but think of that woman in the library. There's more people like her in the world, much more, and your crying guy or girl that plays a victim in a forum post could simply be a careless moron who knew nothing about security until the day their money went *poof*

You are right mate, Offline bitcoin wallets are more secure and not able to be hacked by anyone, so as you said, the trezor's or nano ledger's wallets are more recommended for people who have a lot of bitcoins, It's too safe if you store your bitcoin there, but to be realistic, online wallet are secure too unless we should be care about our informations and to be carefull that beign hacked by anyone.

If you want to be safe you should think like a hacker.
First, a hacker will try to hack your passwords throw trojans, malwares or anything to gain access to your computer, so, you have to use a good antivirus and never download a file from an untrusted website.
Then, a hacker can pretend to be your friend to collect as much information as possible such as birth date or best friend name. Those information can be valuable when trying to reset your passwords.
Hacking a human mind is always easier than hacking a software.

If you want to be safe don't open suspicious emails, don't open rar/zip or other packed files if they don't come from known sources, don't click on suspicious links, try to avoid torrents and porn sites. At least don't do any of that on a computer you're using for work. I have been following this advice for years.

Bitcoin can only be hacked by hackers of an individual person and not the network itself. This would be like saying "The United States Dollar Can Be Hacked" well of course, naturally, however only if we are talking about individual case-by-case basis, because no one person can steal or hack all of the US Dollars in existence, of course that is impossible and pointless because the value will go to 0 instantly.

Some unscrupulous elements often set up sites or programs, where people willingly hand in their details and there're site owners, who're into the business of selling such information. So joining all manners of programs online, can be how hackers gain access to people's details and that's one more reason the use of one and same password, pins or patterns across programs is a must avoid.

I see now, many people whose accounts are hacked or their own wallets, somehow that can happen, if asked what they have done, even they answer no strange weird things.

Basically no one can hack bitcoin, because blockchain technology is a settling system that can not delete or edit data recorded on blockchain, Blockchain is something different, transparent and secure. They can only steal your bitcoin from the wallet, it also depends on one's security.

This is pretty much a general rule for everything you do on the internet. Bitcoin can be hacked, but, not in the in way you meant. People can be hacked, that's you wanted to say.

I think modern companies do their best to protect bitcoin-users from hacking or theft. I came across an article about the service from the UK. Here it is - https://usethebitcoin.com/matbea-net-find-previous-owner-bitcoin/
Using this service for free you can track the bitcoin address, create a wallet and conduct a doublespend transaction. Are these not enough ways to protect yourself?

I would like to ask one more question here that what happens if the exchange we are using for trading bitcoins gets hacked. After they are hacked, one will not be able to access his account, then how will he trade the accumulated bitcoins.

Due to the nature of digital mining, bitcoin’s value cannot be manipulated or altered. Bitcoin's value is secured thanks to the cryptographic functions that it employs, and though it could be hacked one day in the future, technology and cryptography experts agree that such an attack is unlikely in the near-term. However, the networks and storage locations where bitcoins are housed and “protected” can be hacked by malevolent forces. Despite assurances by bitcoin storage companies and developers of the currency, bitcoin exchanges can and have been hacked.

This is already a given situation, many people, especially, those who are already accustomed to hacking would venture to try the deed in this industry. The best way to counter it is to think the same way they do and secure your wallet.

In some circumstances maybe yes, who knows right? But the company and management of bitcoin provides a stong security all day to secure the investment of their customer free from hackers.
They have coordinated with the government to prevent this threat.

In the cyber world anything can be hacked it depends upon the skills of the hacker. For instance Edward Snowden is very famous hacker you can get into any system but the thing is he is not a Black hat hacker. No system is safe. The safety and security of your account depends upon your care. Do not click on any line do not trust every website do not put your credentials and I will be in any digital device.

I doubt if it can ever be hacked, I mean the network is so complex and the developers are working daily to make it better, and even if its hacked the transactions would be on the blockchain, except the hackers hack the blockchain too and alter transactions

I think there is no such thing impossible in this world since all things are deals with the usage of technology. There is chance that it may happen but the company of bitcoin provides a high security to prevent this threats and protect the interest of their investor free from all kinds of risk.

I think there is no such impossible thing that cannot be happen in this world.
There is a threat that it may happen but the company of bitcoin provides a high security and employs a high calibrated IT professionals to secure that this thing can be prevented to happen and cannot be cause any conflict.

Anything in this generation is possible specially hacking some websites or any system on virtual world.
The company and management of bitcoin consider this threat that may happen; in order to not this thing happen they provide a high security and IT experts that will prevent this thing to occur.

Unfortunately there is a possibility that it may happen. In SWOT analysis, I think the threat of hacking is the major external factor that can affects the system of bitcoin. 
Through the innovation and security they have.  They make some systems that will prevent this threat to occur and assured all investors that their money is safe and is in the good hands.

The truth is that the btc wallet security is very high however I have seen fake emails fooling you into offering you keystore files or anything that could open your wallet, beware. Also your account on the forum is very easy to be stolen.

The bitcoin protocol in itself is ultimately hard to be hacked, let alone its security be compromised. However, the services that is built to cater bitcoin transactions or involves bitcoin is more susceptible to hacks and easier to breach compared to brute-forcing a single private key. Also, the ones that you're referring to are the basics of internet security and should be followed at all costs since there are tons of rogue hackers all over the world which can get inside of your system by just visiting a single link or downloading malicious files. The wallet can be hacked, yes, and that is due to the carelessness of the end user, but the make-up of the wallet cannot be easily cracked.

Bitcoin can not be hacked despite the fact that there are a lot of intelligent hackers out there but the only thing that jeopardize bitcoin is human error when online or offline which literally leads to wallet been hacked.

yeah i think they can hack some of the site that hold bitcoin cause hacker really smart. if you dont want to get hacked save you password, private key or anything that link you to your bitcoin into some safe place in a flashdisk don't save them into cloud system like google drive

One thing to keep in mind, BitCon is an unmanageable crypto at the moment. Hackers can only penetrate the e-wallet as well as the exchange platform to grab the user's Bitcoin only. In recent times, many exchange platforms have been hacked by hackers and taken away with a huge amount of Bitcoin, which negatively affects the exchange rate of cryptocurrency.

haven't you read the news about the latest hack?

Bitcoin can't be hacked obviously, however there are several ways to access your wallet or exchange wallet as happened before. For example, we can see bitcoin addresses, doesn't mean we can access the coins, unless you have the private keys or malware get into your devices.

A lot's of victims complained about losses of their bitcoin or money inside their wallet apps. It was stated that it is a victimized executed form by some hackers,  not only once but a thousands complainant about history of hackers victim. Not only on wallet but there are some bitcoin accounts hacked and access by another people or it was directly stolen.

Normally a hacker would weight cost and benefit, so many times protection is not about making something impossible but rather make it too expensive.

it can be hacked, but it is too hard, because bitcoin is full of security and when it get hacked it is easy for the developer to retrieve bitcoin. Many hackers try to hack Bitcoins but they fail because of its security.

Yes we must be more careful in storing a wallet because in order to anticipate the bad things that happen to us later.If we can make more stringent security surely the hackers can never do theft.

In theory, everything out there can be hacked. If you had sufficient computing power and sufficient time you could potentially break the keys for the bitcoin accounts by mere brute force. That might happen with quantum computing.

Bitcoin cant be hacked Bitcoin is unhackable

Bitcoin can potentially be broken by using a brute force attack, much like any other protection system based on keys. I believe that is still a long way away to happen.

This is very good suggestion, but dont you think all people can not do it? I mean i can not think like hacker because my bad.
I only not download anything from any source and i dont click link from any source because i type it.

As for me, situations like this can be true, for some people it is a cue for them to stop investing to bitcoin, but if it is hackable many investors wouldnt invest their money if so, and for certain reason, millionaires have already invested! get the logic!

Those are must. Actually those are the most basic things you must learn before engaging yourself to BTC. What you've said are all correct but I don't see the point of your post. Is that supposed to ward us? Make us aware? A question? Because honestly, any individual who uses social media accounts knows all those stuff. SO i'm sorry I don't see the point of this post but yes I agree, just be clear with your intentions next time.

Your wallet can be hacked, not Bitcoin or the blockchain. If you have a personal wallet or one on the exchange, then this is your technology Achilles heal, so make sure you have good best practices in place (prevention of being compromised with your account or technology used)

Now mostly young people are looking for earnings on the Internet without leaving home, therefore they invest in projects names in bitcoins.

I just thought of the same idea. Can bitcoin be hacked? I think it can be but will take several centuries, this is what many people say. I believe it because if it wasn't secured enough it would only take a few days to hack all bitcoins. The reason why there accounts that are hacked was because they they fail to secure the computers they used in transacting online. The strongest password does not guarantee that you are safe from hacking but it gives you the edge over hackers.

LOL, this is true.

For the topic common man do you really need to post this. Everybody knows what you are telling.

Clever title it is misleading but it is clickable because price is dropping and it could be the potential reason why. Thats what went in my mind.

It is believed that the government has no legal basis to close the bitcoin mining industry, but at the same time it also stated that if the government really did so, the miners could only transfer their business to other areas....

Of course we have smart people around but bitcoin is a blockchain product that can not be hacked!

When people refer to bitcoin being hacked then they are referring to the wallet not btc, too much computer power will be needed for this ::)

Yes,of course Bitcoin can be hacked. If your security is week.Then it may be hack.That's why you save your coin is safe decentralized wallet.But nobody will be able to hack or hack.

Bitcoin and cryptocurrency are all situated in which even if it can be considered secure there are still a lot of vulnerabilities to it as it is exisiting on a data network. The power of the hackers and their reach today cannot be denied and we are all reminded of how strong they can be if they put their mind to it that is why we would have to do everything possible for us to ensure that we can prevent this kind of targetting that we are into is to adhere to the crber standards.

Hacked can be any Internet purse and at the same time you can not do anything after such attacks on him because the moderators can not cope with this and will not solve the issue to them this is not included in the program of rotation actions.

well, how it was said - never say never.. 
sadly if there is a bug in btc code and it can be broken, we will now only after that bug will be used already
and I admit that such possibility is possible, because there is no code without bugs..
the programs are written by humans, and humans are not perfect

Yes, no one excuses even banks with their own IT's to guard their system, that's why should kept our securities safe.

After overcoming the mark of 1000 USD for one coin, the growth of bitcoin not only did not slow down, but began to gain momentum, in early June overcoming the mark of 2500 USD.

Yes,it can. My friends got hacked yesterday by a hacker. They said that their computer were infected by a malware where the hacker can easily access your pc without your knowledge and consent. From that point on,he can start his plan to search for private information saved from notepads and documents where you've put your passcode keys from your wallets and then steal your holdings.
I just feel bad about it. It shoud've been avoided if they never put any important information about their walletts from their computers. They should've stored that information somewhere else like wrote it in a paper or notebook then hid it where you alone can know about its whereabouts and if you want to be sure that it is totally safe,you could just memorize it. That is the safest way to avoid hackers stealing from you.
Beware of Phishing sites too. Make sure you got the spelling correctly when logging in to your wallet site.