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Bitcoin => Bitcoin Discussion => Topic started by: Queen_Amber on June 11, 2018, 08:06:29 AM



Title: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Queen_Amber on June 11, 2018, 08:06:29 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Raypok on June 11, 2018, 08:20:51 AM
Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: blingow on June 11, 2018, 08:23:34 AM
Not just crypto currency. A better question would be why is everything being hacked. Bank accounts get hacked on a daily basis too and not to mention all the genius phishing scams all over the internet. We just need to take the necessary safety precautions like with everything else  :)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: stompix on June 11, 2018, 08:24:36 AM
You can't hack bitcoin!!!!
Bitcoin is the protocol running on the blockchain, it has never been "hacked".

What is getting hacked are unsecured web wallets, servers, and even personal wallets when the user is stupid enough to download malware programs that are promising to mine at huge rates or to double his coins.
This is not the fault of bitcoin, it's the fault of the ones providing services with no clue how to do this securely.
Besides, most of those "server hacks" are just exit scams.


Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

You're watching a pretty bad movie, turn off the tv, nothing is slowly dying around here.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tikanima on June 11, 2018, 10:21:20 AM
Electronic money and Bitcoin can always be hacked, bank accounts hacked on a daily basis too and not to mention all the scams genius on all internet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitcoinman93 on June 11, 2018, 10:33:59 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.



hacks are becoming parts of everyday lives, not only in crypto. We need to learn to protect ourselves and not leave ourselves vulnerable. Centralized exchanges will become past soon.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ahmadakbari on June 11, 2018, 10:36:57 AM
Bitcoin and other cryptocurrencies are not hacked. Some people are hacked because they don't pay attention to their security. It is not the matter of cryptocurrencies. There have were many hacking story since the internet was invented. There is no problem with bitcoin.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Pendularin on June 11, 2018, 10:38:15 AM
Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe
Bitcoins and other crypto currencies always get hacked because some other hackers intentionaly hack bitcoins accounts because it gives them so much money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Getcoinsite on June 11, 2018, 11:01:02 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Whos slowly dying?your capital?lol and hacking is part of the growing market this means were doing great on this field that trials like hacking and scamming is spreading the whol,e system

We will not be victimized if we stay carefully chooses what to trust,exchanges are prone to rhis illegal activities but just make sure that putting you money to those stablished and reliable for your funds protected and safe


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: batang_bitcoin on June 11, 2018, 11:15:15 AM
The fonts too small to read.

Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
There are too types of hackers and the ones that are robbing exchanges are the black hats and that's their way of living, preventing for an exchange to get hacked depends on their level of security.

I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
Don't look at crypto's only even the banks are also targeted and have this type of incidents.

At this rate, bitcoin will go to $1 as it gets hacked every day.
Correction, bitcoin can't be hacked or it's blockchain. What is being hacked are the exchanges, their wallets.

Is it possible to take simple precautions to protect against hackers?
In everything on the web, it can be hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: khaled0111 on June 11, 2018, 11:35:15 AM
You are wrong, Bitcoin is safe and can't be hacked.
Exchanges and wallets are getting hacked  because they are not secure enough and because users don't know how to secure their wallets.
Bank robbery exists too ;)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: hugeblack on June 11, 2018, 11:43:23 AM
No one can hack bitcoin; it's up to you to save/protect your money.
Most hacks happen due to negligence, misuse, ignorance of technology, failure to update protection systems. [Survival systems connected 24 hours cause it too]
These operations do not pose a severe risk to the Bitcoin but the owners of those sites and wallets. "Hackers will not allow the price to return to $ 1, because their fatigue will be wasted."

Always remember:
1. Do not let your money in the trading platform.
2. Keep your BTC offline.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: nioctiB#1 on June 11, 2018, 12:24:56 PM
It is not bitcoin network that is being hacked and there is no reported news about bitcoin itself being hacked because it is the exchanges that have poor security and the people that are careless of protecting their private keys and wallets. But it can possibly done in some cryptocurrency and lately there are several coins that reportedly became a victim of 51% attack because the hash power of those coins are not distributed equally and can easily perform an attack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: vending on June 11, 2018, 02:54:51 PM
how else do they also pertained to workers, in fact I am annoyed with the hack because it can destroy the value of crypto, but on the other hand I also appreciate them for thinking hard to produce though by cheating, so my advice to the hack, do not take too much😉😊.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: satriagedhe on June 11, 2018, 02:56:23 PM
because there still any chance , and the bad people still exist IMO


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lolxxxx on June 11, 2018, 02:57:43 PM
Getting hacked is not only a problem for the users of crypto it is a great issue.

Also, Bitcoin and cryptos don't get hacked only the reason something get hacked because of our mistakes otherwise there is no way to hack any address.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Levious on June 11, 2018, 03:00:21 PM
I think most of these are false news. They just want to make bad and then trick you into selling your token, which affects the price of the token. This is a common price manipulation method.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: rodskee on June 11, 2018, 03:04:29 PM
The people want to earn easy money they use the talent in the bad way that's the goals of the hackers, to avoid this need to be careful always check your online wallet where your investment stored. And donot show it to others aside from your very trusted family member.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Harlot on June 11, 2018, 03:08:34 PM
The same can be said with banks, did they stop flourishing when a lot of theft is happening? When some of their branches are being rob by robbers? I don't think so, criminals are always where the money is. And since Bitcoin and crpotucurrencies exist digitally then no doubt this criminals will also try to steal everything virtually. Now it will be up to us if we will fell trap to phishing sites or HYIP investment schemes or on any hacks. This can easily be avoided we just need to be careful as they are always there lurking for another victim.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: BrewMaster on June 11, 2018, 03:09:52 PM
because many people are like you! they read something and their brain only registers a small portion of what they read. you read some exchange was hacked and you registered it as bitcoin got hacked. they also read something about security and how to do it properly and their little brains registered it as a hot wallet is safe kind of thing!
there is also a lot of scams where exchanges rob their customers and blame it on some hacker that doesn't even exist.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Markerizza on June 11, 2018, 03:14:41 PM
Because hackers are wise, after all this is the internet where anyone can do anything to get what they want.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cryptoasis on June 11, 2018, 03:22:28 PM
Because there is no such concrete universal law regarding cryptocurrency and also the hack can also be done quite anonymously and the transaction cannot be redone by any party.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: DemiGodKaido on June 11, 2018, 04:06:18 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

There is no such thing as unhackable especially in the web. Theres so many hackers in the world and eventually they evolve in hacking industry. Just a piece of advice, try to broaden your knowledge in security. Maybe you’re not good in protecting your account thats why you said those words so maybe try to work your things in security of your own account


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cryptotrader15 on June 11, 2018, 04:50:48 PM
because exchanges are not focusing on bug bounties, they should pay a handsome amount to bug bounty hunters so that they can find a bug and report to the relevant exchange about the possible threat


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Bessta on June 11, 2018, 05:04:06 PM
You can only be hacked if you get into a phising/fake sites and when you logged your sensitive info there. Blockchain is impossible to be hack or the server itself and it only be hacked when a person holding a cryptocurrency is not aware on what website did they enter that may have viruses that stole private keys or leaving a great amount of altcoin in an exchange site. Storing on exchange sites are not advisable same as the other storage that holds your private key. The thing here is you need to be aware of anything that could steal your digital assets, or try to have a hardware wallet for higher level security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: travieso on June 14, 2018, 03:21:15 AM
because bitcoin and cryptocurrency have a fantastic value and fantastic value makes the hackers have a drive to steal and not just on bitcoin and cryptocurrency alone in the bank and gold is also the target of the thieves


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: drachman on June 14, 2018, 03:49:27 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Bitcoin is not vulnerable to hacking, the technology of bitcoin is impossible to hack with the current technologies, users are the ones that are getting hacked, there is not a real culture of safe practices when you are navigating in the internet, people click in all the links they see and install pirated software, if you think bitcoin is vulnerable you have no idea the amount of fiat stolen everyday by hackers getting access to credit cards information.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Leyss on June 14, 2018, 04:08:17 AM
So it was and so, probably, will always be. The possibility of quick earning by hacking protective technologies and sometimes receiving multimillion dollar amounts, pushes folk craftsmen to such crimes. Hackers, like other criminals, always go one step ahead. First, there must be a kind of hacking, so that then we start looking for effective methods of combating it. Pre-take protective measures only if the method of hacking is logical. However, the actions of hackers are unpredictable. The motivation of their actions in the material plan is sometimes more significant. Therefore, the fight against hacking as a phenomenon is very difficult.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Moiyah on June 14, 2018, 04:48:54 AM
Hackers tend to know the value of bitcoin. Especially when it's price were at really high. Nowadays, btc is very popular. Information technologists and programmers know how codes works. That is why the brilliant idea is just to hack exchanges and other online wallets which contains bitcoin and other coinsm hence, private keys are important to access wallets and cold wallets shall consider to store such bitcoin.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Indrawan77 on June 14, 2018, 04:54:55 AM
Yes seems like it getting more and more often exchanges got hacked, ir really causing the price fall down like a rock, I don't know either the hackers getting smartter or the exchanges doesn't care with the security or the exchanges purposely let the hacker being hacked, if this doesn't stop crypto price could fall apart and the people wont trust in crypto anymore


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Yakamoto on June 14, 2018, 05:05:58 AM
Yes seems like it getting more and more often exchanges got hacked, ir really causing the price fall down like a rock, I don't know either the hackers getting smartter or the exchanges doesn't care with the security or the exchanges purposely let the hacker being hacked, if this doesn't stop crypto price could fall apart and the people wont trust in crypto anymore
The people who are maintaining the security of a website are typically always on the off-step when it comes to new threats. You can't really pre-think someone's ability to make certain malware or exploits, and there's a lot that can be done on an exchange that has no real security regulations. You'd have to pay a hacker to find out what your vulnerabilities are, and if you don't do that then there's nothing that can really be done aside from trying to patch the issues as they come. That's a hard task already. When you have exchanges with low profit margins, or just plain greed, security isn't necessarily a priority.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: BQ on June 14, 2018, 05:06:40 AM
Really, what a stupid post. Do you have any idea what you're talking about?
funny personal text you're using considering your post..


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: zhopas on June 14, 2018, 05:07:01 AM
As the number of users in Bitcoin getting higher and higher, there will always be conflicts between things. In this case, Bitcoin and cryptocurrency always getting hacked because of the immaturity and greed of other people to gain much money and learn the process of investments.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: hefjor on June 14, 2018, 05:11:16 AM
Thats problem cannot be solved but its avoidable with the safety precaution,using offline wallet its hars to hack by the hackers like ledger nano s and trezzor always do not give your password and private key to the anonymous person.But speaking of how to vanish them we cannot vanish them because right now is a digital age many things are posible with digital technology.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dionisi on June 14, 2018, 05:17:21 AM
Here is why exchanges get frequently hacked:

1) Most of the exchanges are not serious about security. For instance, if you check the programs on Hackerone, only one exchange is using it (Coinbase). That program itself has got huge number of submissions from security researchers. If they also avoided paying for those bugs, those bugs would have been exploited by hackers.


2) In some cases, even the exchange itself might be involved. We cannot rule out this possibility especially because prices of crypto are rising. Such a case recently happened in India.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Janation on June 14, 2018, 05:20:27 AM
As the number of users in Bitcoin getting higher and higher, there will always be conflicts between things. In this case, Bitcoin and cryptocurrency always getting hacked because of the immaturity and greed of other people to gain much money and learn the process of investments.

Do you have a proof that Bitcoin or crypto currencies is being hacked? I know that Bitcoin is hacked in the past, but that is way way in the past when Bitcoin is just a new one and not that developed. We all know that exchanges and wallets are being hacked but not really Bitcoin and these crypto currencies since the only being hacked are wallets and exchanges.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Gogochen on June 14, 2018, 05:24:50 AM
Most of the time, the theft is due to people's wrong precautions and the fact that they can get a lot of money by attacking the exchange, which is what many hackers want.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: TirionFordring on June 14, 2018, 05:36:15 AM
Bitcoin is not getting hacked because it is close to improbable to hack its blockchain.

However, user wallets and exchanges can be hacked especially if there are not enough security measures in place. It is important for both the users and the exchanges to remain vigilant. For the users, avoid phishing sites at all costs. For the exchanges, investments in strong security systems should be a priority because millions of dollars are at stake every day.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: thanhtuan1413000 on June 14, 2018, 05:41:01 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I agree with your opinion, I think there must be some measure to combat hackers as today. Hope everyone will have a better solution. Let's pray together


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Pursuer on June 14, 2018, 05:41:37 AM
first of all bitcoin is NOT getting hacked. it is the wallets of the users/services which is getting hacked because of human error.

secondly the more something is being used the more reports like this you will hear. for example when vehicles were invented and the first car was built and when there were only a handful of them around the number of car accidents were non-existent! but today as billions of people use cars there is a lot of car accidents. that is the same with bitcoin usage. when there were only a couple of people using bitcoin when block 1 was mined there were no hacks. but now that millions of people are using bitcoin there are more wallet hack reports.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Missterio on June 14, 2018, 05:43:03 AM
There are always those who want to get something bypassing the law.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lakita on June 14, 2018, 06:36:03 AM

I feel uncomfortable with the hack because it can destroy the value of the crypto.
There have been reports of a hacking exchange that was also hacked out of Myetherwallet last month. Just as we all know that bitcoin itself can not be easily decoded but it can be hacked through hacking site bitcoin digital wallet


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kcirnhoj15 on June 14, 2018, 06:48:20 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Yes, you're right. So many bitcoins and altcoins accounts has been hacked and one of the reason is the carelessness of the people in sharing of personal information and other relevant information and the second reason is there are no stable and powerful securities that will protect our data and privacy. Maybe, those wallets has higher securities but it is not mean that you are safe. How about the third parties? Did you know or Do you know how they handle your data and shared it to others? So, the best securities for me comes to your own decision  :) Hope those hacked accounts has been recovered with no less and damage  ;)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ErlindaBit on June 14, 2018, 06:49:33 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


I admit that they (hackers) are intelligent people. Because this is really beyond my thinking, even though we already have secure security, but they are more clever. So we must continue to improve the account security system, and we must remember that hackers are not just in the crypto world. Because my friend is also a victim of social media hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: allycn on June 14, 2018, 07:02:06 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Crypto is always being hacked because it is a quick and easy way to make a large profit for hackers. Since hackers keep on getting better, I guess the only way would be to keep changing your security measures in order to be one step ahead of hackers. However, making these changes could also be risky.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kiumilo0o on June 14, 2018, 07:02:30 AM

Although bitcoin owners are often anonymous, the number of bitcoins currently stored in their wallets can easily be found through public search engines.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: max fray on June 14, 2018, 07:28:30 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Crypto is dying not because of hacks but due to constant restrictions imposed on it by governments.
Blockchain itself was born decentralized - it was the attempt of an Ego to escape all the conventions that were drawn up by the traditional financial system.
Yes, it's hard to prevent a massive hack attack, but we should distinguish the vulnerabilities of intermediary agents (exchanges, wallets, ...) and the invincibility of blockchain as it is.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jpnl0004 on June 14, 2018, 01:52:55 PM
 Its very impossible to hack Bitcoin and cryptocurrency  rather people's wallet get hacked due to their own carelessness, having low security on their wallets or maybe also  clickiing on fishing sites that can get their details  hooked.Wallets get hacked not bitcoin or cryptocurrency.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Musstang on June 14, 2018, 01:59:34 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Hacked such large companies as Facebook. Hackers have interest in crypto currency. But of course the exchangers would have to allocate more money for protection


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Neltharion on June 14, 2018, 02:31:09 PM
First of all, if you are a hacker, you will definitely launch an attack. Due to huge profits. So I don't think this is caused by hackers. Perhaps this is a war between platforms. May be intentional. I think hackers can only steal data. Can't directly attack the platform.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tokecabe on June 14, 2018, 03:02:52 PM
yes it's true cryptocurrency has often been hurt by hackers and there should be a more intensive counterattack to hacker attacks not only prevent but there is a kind of crypto police that handles this.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Kakmakr on June 14, 2018, 03:09:55 PM
Remember one thing, there is a difference between services that use bitcoins and the Bitcoin protocol being hacked. I can have some limited knowledge and then I decide to develop some website where people trade with Crypto currencies and this website might be full of exploits, because I do not know what I am doing. This is what is happening with some of these exchanges.

Some even buy White label exchange scripts to run their sites, without proper knowledge and experience to do this and these scripts might be full of backdoors.  ::)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Google+ on June 14, 2018, 06:04:24 PM
because bitcoin is a digital currency that has a very sophisticated technology that makes the hackers are curious and want to try to penetrate the security of cryptocurrency which can provide a lot of profits because it can steal assets owned by others and will not be traced to where the owner of the hacker wallet that.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: KingScorpio on June 14, 2018, 06:11:19 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


i have proposed a while ago an easy way to repair the damage of hacks systematically, this works however only on plattform token

if for example a token is hacked at moment x

for that moment x there must be a database where it must be possible to check the wallet addresses at moment x and the corresponding amounts

then a new digital asset will be created, (only for token with a central management)

then the distribution of the new token will be done according to the moment x initially before the currency was hacked.

the old token will be publicly declared illegit and a dead ghost asset. the new digital asset becomes the true one.


alone the fact that this then could happen, would prevent large scale hacks

regards


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Da2ja3 on June 14, 2018, 06:24:11 PM
Why should this be news in the first place? Banks gets hacked, Hbo was hacked few weeks ago, and alot more hacks. Why should there be a fuss about crypto. It is part of the risk of the business, life itself is a risk. We just hope that there are more preventive measures against hacks in the future


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kissme09 on June 14, 2018, 06:29:07 PM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Topaz72 on June 14, 2018, 09:16:48 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I agree with your opinion, I think there must be some measure to combat hackers as today. Hope everyone will have a better solution. Let's pray together
The only solution to avoid hacking is keeping your wallet safe, we often trust people too much and we share our private key but this greedy world is not trust worthy so just keep yourself away from them, hold your bitcoin in your wallet and don’t share about your private key with anyone who ever ask you about it, so I think this way ratio of hacking can be decreased.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Rozita on June 14, 2018, 09:19:21 PM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers

The wallets that is storing the coins can be also hacked. Even if you have chosen a strong password you are still not safe. This has happened several times.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: SistaFista on June 15, 2018, 02:37:30 AM
No, it is not always getting hacked. The owner of the wallet itself that to be responsible for this.
in cryptocurrency wallet, you need to be smart to not letting your wallet hacked by someone.
such actions are potential for your wallet getting hacked : opening any shady link that could be take you to phishing site, save credentials wallet
in cloud storage, not using a hardwallet, expose private key of the wallet.
Just be careful when do that things.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Johnyz on June 15, 2018, 02:39:31 AM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers

The wallets that is storing the coins can be also hacked. Even if you have chosen a strong password you are still not safe. This has happened several times.
Hackers will not stop from doing this as long as they see opportunity in the market. Some of the hacked news maybe an inside job or what we don't know so we must be very careful in dealing with the exchanges because everything now is vulnerable from the hackers. Hope that blockchain technology can help stop this thing in the future so many investors will come.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sevarchik on June 15, 2018, 02:46:50 AM
Its because in most countries crypto not regulated and stolen coins nobody search, and one more reason is untracable part of cryptos


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: pikebu on June 15, 2018, 03:09:49 AM
Bitcoin and other cryptocurrencies are not getting hacked until right now there are no issues about the bitcoin's network has been hacked, just there are hacking issues in bitcoin's exchangers and it doesn't mean bitcoin and other cryptocurrencies getting hacked, it is something different, all of users cryptocurrencies has responsibilities to keep their coins to be safe with stored their private key.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: drachman on June 17, 2018, 10:29:18 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I agree with your opinion, I think there must be some measure to combat hackers as today. Hope everyone will have a better solution. Let's pray together
There is a lot that can be done to avoid losing your bitcoin because you were hacked but people want that everything is solved without they having to do anything and that is not the way something like bitcoin that is decentralized works, if you are tired of losing your money to hackers then you need to take steps to reduce your own vulnerability to hackers, if you are not willing to do that then no one is going to do it for you.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: coin163 on June 17, 2018, 10:31:19 PM
Not just only bitcoin and cryptocurrency always get hack. Everything have value will always get attack.
Because crypto is anonymously so hackers love to hack it


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tanjiran on June 17, 2018, 11:14:21 PM
bad guys always take advantage of opportunities. let alone bitcoin prices tend to increase, so many iris janat want to have it with instant. that's the risk we have to face. then, we must be careful in storing assets, use a safe wallet, complete with 2fa and complicated passwords.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ladydark on June 17, 2018, 11:40:57 PM
Hacking mostly happens in exchanges and so it's always advisable to store our bitcoins in our desktop wallets or any hardware wallets.Otherwise our bitcoins would get compromised.Mt.Gox was the first exchange which got hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Queen_Amber on June 20, 2018, 06:15:10 AM
Once again, another exchange hacked for 30 million..
IT HASN'T EVEN BEEN A WEEK SINCE I MADE THIS THREAD..
I'm afraid to say, but crypto currency is officially dead. It has NO security and hackers are going to destroy it.. RIP crypto
Bitcoin = $1 in 2020...
Crypto is getting hacked easier then it is to back Facebook, or email address. It will never get adopted unless a serious change happens


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: damort on June 20, 2018, 06:31:28 AM
There are many reasons. But I think the main one is still the big hole in systems. So, the question will be raised for the developers or the tech guys who are in charge of systems and security for these platform. You can search on google and see that, many cases were come from the weak security and infrastructure. You can check some news here:
https://btcmanager.com/hackers-target-infrastructure-and-weak-security-to-steal-cryptocurrencies/
https://btcmanager.com/cryptojacking-strikes-again-hackers-target-government-websites-to-mine-monero/

Do you remember about the Ethereum case? That's a big hack which cost 20 million Ethereum because of the weak security on port 8584 (this one is so technical I don't want to mention about).
https://btcmanager.com/hacker-group-steals-over-20-million-of-ethereum-after-exploiting-port-8584/

So the point is, if coins don't want to be hacked, the security has to be stronger. Hackers are smart and they can do everything to be rich.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Ahimoth on June 20, 2018, 06:34:02 AM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers

The wallets that is storing the coins can be also hacked. Even if you have chosen a strong password you are still not safe. This has happened several times.
Well it's not always have to be like that because at the first place it's our responsibility to make it safe. At all cause it must be secured and that depends on how we use it properly. We must know that our account is always rid of hackers and we must not give them the power to do what they are doing.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: AliMan on June 20, 2018, 06:38:15 AM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers

The wallets that is storing the coins can be also hacked. Even if you have chosen a strong password you are still not safe. This has happened several times.
Sad to say but hackers are all over this community so our safety depends upon our own usage. We must be sure that we are aware of what we are dealing to this kind of trouble. Safety will always be on our hand so make sure that you will use your account privately. We must not give hackers the power to do their job.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: matchi2011 on June 20, 2018, 06:45:30 AM
Hackers can access accounts on all websites if the account has a simple password or have low security. So that recent trading floor of Korea was hacked and steal a lot of tokens by hackers

The wallets that is storing the coins can be also hacked. Even if you have chosen a strong password you are still not safe. This has happened several times.
Sad to say but hackers are all over this community so our safety depends upon our own usage. We must be sure that we are aware of what we are dealing to this kind of trouble. Safety will always be on our hand so make sure that you will use your account privately. We must not give hackers the power to do their job.
They always find ways so better to deal with that, knowing more extra security with your account is really necessary, just what OP was said another  news about exchange that has been hacked and until now i'm still wondering how it possible, maybe inside job or someone who have direct access to the site that  will performed the hacks, though there's no exact proof but it is not next to impossible as well.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: leonarda on June 20, 2018, 06:46:44 AM
Hacking is a common problem not only with crypto exchanges but all online platforms. But your title is misleading as such incidences happen rarely and not always.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kier010 on June 20, 2018, 06:55:29 AM
bitcoin cannot be hack and also altcoins. exchange sites are the one gets hack also people not keeping safe their information. can you link us a proof bitcoin get hack? if you know bitcoin you will understand that it cannot be hack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Lannie25 on June 21, 2018, 06:55:50 AM
I think the reason why the cryptocurrency and bitcoin is always prone in hacking because of its high value and money it haves throught this many people want easy money so they trying to invade them.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ShitTL on June 21, 2018, 07:07:01 AM
bitcoin and crypto currency ALWAYS get hacked because cybercriminals attack the wallets as well as information about bitcoins so they quickly take away valuable coin they always try to attack bitcoin and crypto


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Menawi12 on June 21, 2018, 07:53:12 AM
They hack crypto because its untraceable. Beside that, stealing bitcoin and cryptocurrency more easy to keep than stealing money or gold and the price of bitcoin always increasing.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kickdapa on June 21, 2018, 07:59:14 AM
It is really hard to protect crypto from the hackers! Hackers are really very smart to do such things. We tried every hard method to prevent them but we failed. Every year, the crypto market faces several hacks! Day by day it's increasing. We tried 2Fa, SMS Verification, NID verification and we failed. I think another highly security we need now, and everyone should withdraw their crypto coin from exchanges before late.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: nydiacaskey01 on June 21, 2018, 08:06:39 AM
If its created by a human it can also be hacked by another human or the same human. Who knows if this hackers are paid hackers to hack their own site just to show to the world that their site was hacked and it will allow them enough time to exit or play with the Bitcoins in some other business venture. Regardless of how any times they update their security, someone will try to hack their way in to the system specially that the reward is good.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: iammrash on June 21, 2018, 08:24:32 AM
Hacking doesn't occur in crypto world only.. Hackers also hacked the banking systems before.. But that didn't kill banks. They became more strong in security.. So i think these hackings are making crypto currency more strong day by day as the exchanges are updating their security better than ever. They are becoming unbreakable. Very soon these hacks will reduce i hope as the security is updating..  That's what i hope. Because all of us heard a saying.. "Constant punch makes your bones stronger  ;) ..


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: rudox on June 21, 2018, 08:31:03 AM
Hackers are real and has up their games in the act of hacking. They are so formidable that they can hack into any exchange and private individuals that is not heavily secured. They have gone as far as hacking private emails where they can access the private keys of wallets which will easily enable them to gain access to wallets and cart away much they can see. I think exchanges should work in synergy with each other to recover stolen coins back to the original owners. The hackers do not swallow the coins they will normally take it to an exchange for fiat exchange.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Thefrolly on June 21, 2018, 09:01:23 AM
This is common in other industries too its just that you don't hear about it, the banks are getting hacked quite often. Also there being no laws and regulations governing Bitcoin helps in attracting hackers towards it, as due to the decentralized nature of Bitcoin it is quite impossible to detect a Bitcoin once its hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Golden Stake on June 21, 2018, 09:10:20 AM
A whole lots of controls still need to be put in place to forestall hacking. The cryptocurrency system won't get better without ensuring adequate securities of these currecncies, tokens , and what have you. A financial or sysytemic feature without a good element of strong control mechanism will collapse at some point. Stakeholders want funds security, credibility, realibility and assuance that investments are safe over the lines.

It's safe to conclude or assume that, cryptocurrencies are getting hacked overtime because the controls in place are not adequate. More still need to be done.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tranhieu2799 on June 21, 2018, 09:29:55 AM
Not easy to hack bitcoin. It's always safe. We do not know how to protect it or engage in ghost projects.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sarah Reiss on June 21, 2018, 12:20:35 PM
I want to make it clear that what is being hacked is not Bitcoin or any cryptocurrencies. More accurately, it's unsecured web wallets that get hacked. Even the personal wallets can get hacked if the users are careless enough to download phishing programs disguising as mining Bitcoin programs. The advice is never download such equivocal programs to avoid your password to be stolen.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Tylev on June 21, 2018, 05:43:39 PM
Hackers and periodic hacking on the Internet of everything that is of interest to them is a common problem and not just for crypto currency. However, in fact, in this connection, it can not be said that the crypto currency is a safe occupation. Hackers always go one step ahead of technological progress. This is the same as when committing various crimes. Unfortunately, the use of technical innovations has always been unsafe.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Naweedhamid on June 21, 2018, 06:10:38 PM
My idea is Hacking is the very common reason for any places and anywhere... Especially a lot of hackers in the online field. Personally, I working crypto field and few online fields... I have met a lot of scammers in my online life. I think we have a solution for protecting our personal details, wallets and everything. We can protect our cryptocurrencies using hardware wallet. I think it is the best way to protect our cryptocurrencies.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: shvishal on June 21, 2018, 06:16:04 PM
As bitcoin is now a days very popular and has a very good profit so hackers keep their eyes and without much hard work want to earn by hacking others account which should be stopped by getting permanent solution.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: farosa on June 21, 2018, 10:39:12 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


There can happen everything. It is not your wallet which you can keep it in your hands, the money that you have here is just numbers and letters, and hacking possible.
The only thing you can do is to make it harder for hacking. For that you should use strong password, keep safe your private key and use 2FA.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: drachman on June 22, 2018, 01:48:27 AM
Once again, another exchange hacked for 30 million..
IT HASN'T EVEN BEEN A WEEK SINCE I MADE THIS THREAD..
I'm afraid to say, but crypto currency is officially dead. It has NO security and hackers are going to destroy it.. RIP crypto
Bitcoin = $1 in 2020...
Crypto is getting hacked easier then it is to back Facebook, or email address. It will never get adopted unless a serious change happens
Believe whatever you want, but you are talking as if banks, governments and private business were not hacked all the time, bitcoin is not the problem but the security practices of people, bitcoin is unforgiving you only need to make a mistake once to lose all your money and while you can get that money back with banks this is impossible to do with bitcoin due to the immutability of the blockchain.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: setialovers on June 22, 2018, 02:32:13 AM
Bitcoin and others crypto always target by harcker because the price in the future will be expensive. Beside that different if they hacking on banks, hacking on bitcoin or crypto is hard to trace it


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lzby2000 on June 22, 2018, 02:36:24 AM
With the higher value of bitcoin I think such attacks will be more frequent, because the anonymity of bitcoin and other encrypted currencies makes hackers like doing such attacks, which can facilitate their quick, more secretive access to money. It's not good for tracking.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Dudeperfect on June 22, 2018, 03:12:49 AM
It is not the fault of Bitcoin or any other cryptocurrency but the fault of exchange itself. This is a common phenomenon taking place on the Internet and nothing is secure when you keep your funds online.

Hackers even hack the Facebook account of the person who created Facebook so it is really difficult to keep everything safe and that's why blockchain and cryptocurrencies are getting popularity day by day. One should never keep his funds on any website or exchange as he can keep it offline. Whenever Crypto is offering great benefits to the users, there is a responsibility of users to take the advantage of it with extreme security precautions.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: prediction on bush on June 22, 2018, 03:48:23 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.




I think hacker is normal in world of cryptocurrency and this is a common phenomenon but in my opinion no bitcoin or cryptocurrency were getting hacked if the users have a care in his/her bitcoin.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: marlonbatotoy on June 22, 2018, 03:56:03 AM
I agree.. Hackers destroy crypto world.. By hacking exchanges and about the users wallet .. I have many friend got hacked and i see in their face the sadness.. The hardwork that they work for any campaign.. The coin that holds a year.. And just go to 0 in just a minutes.. It's sad but even the exchanges got hacked.. We need to do is to be invinsible to everyone..


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: vilmagirl on June 22, 2018, 04:01:24 AM
This way of stealing will never die out, as long as clumsy and stupid purse owners exist. People themselves issue all their data, having the imprudence to go for some dubious link from the mail etc ... Just everyone should take care of the safety of their money in a subjective order.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: felipe04 on June 22, 2018, 04:46:01 AM
the developer of trading site are newbie so they got scam or hack example are bitrail and bithumb

so for the good investing try the trusted already and that's binance,kucoin then cryptopia

there's no assurance in everything in crypto but there always a way to low the chance so activate 2fa and pattern


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: digroske on June 22, 2018, 07:15:50 AM
Because hackers are wise, after all this is the internet where anyone can do anything to get what they want.
Hacking is not just a crypto currency. Bank accounts, sites are hacked for data, personal computers, social networks, etc. Everyone is hacked for some reason. Genuine fraudulent attacks are constantly taking place throughout the Internet. We just need to constantly apply all the necessary precautions.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: olgafox0404 on June 22, 2018, 07:56:38 AM
ALL BURIALS ARE ONLY FROM THE ERRORS OF THE DREAILERS OF ITS WALLETS, THEIR ERROR IN THE NON-COMPLIANCE OF THE SAFETY RULES, VISITING THE SIDE SITES, OR ERRING THE PRIOR KEY OR THE DATA OF THE MAIL.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: btcdevil on June 22, 2018, 08:01:45 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Actually some hacking are happening purposely like they wanted to get out of some scam to prevent themselves they just hack their own site and claim it to be hacked by some hackers. Out of 10 hacking 5 hacking are happening like this only. So i dont think that it will affect cryptocurrency as now a days hacking are happening to other cryptocurrencies and not bitcoin as now hackers are more wise that if they hack other coins which are decentralized then no one can find them. As they can convert this cryptocurrencies for btc and then sell them in market and no one will come to know about it. Hacking is normal even in fiat world also lot of time hacking is happening but the news is not leaked out to the world like cryptocurrency hacking is happening.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: fmasta on June 22, 2018, 11:39:19 AM
 I think that you are exaggerating a bit, because I don't hear that bitcoin wallets gets hacked every day, maybe your wallet was hacked and it is not because of vulnerability of the system but because maybe you have shared your private keys somewhere?


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ViktoriaM on June 22, 2018, 11:42:34 AM
The theft of funds from the already familiar for cybercriminals banking systems go into the background - the attackers reoriented to stealing funds from crypto-currency purses.
 TREND!  :)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cheezcarls on June 22, 2018, 12:07:13 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Before crypto was born, hacking cannot be stopped in so many ways such as websites, bank accounts, social media profiles and so on. These hackers just wanted a lot of money by hacking without getting detected. Now that cryptocurrency is on a huge trend, these hackers are turning their heads on this latest craze like what happened to CoinCheck, Etherdelta and other well-known exchangers and wallets out there. We just have to keep ourselves safe from these hackers, because even if we have protection, they won't stop finding ways to hack what we have in our portfolio. It's better to store your Bitcoins and altcoins in a hardware wallet like Nano Ledger S or Trezor.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: myasniko on June 22, 2018, 12:11:31 PM
It is not getting hacked always. It happens to less than 1% of the exchanges and is very rare.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Rrtt on June 22, 2018, 12:12:09 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.





Hackers are very active, they are just monitoring our wrong move, as of now to protect our money from frauds and hackers attacks by following these basic steps ,have very strong password,always check before making any transaction ,use the cold storage,double check all the crypto relates web sites you visit and lastly dont trust.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Farrahyap27 on June 22, 2018, 12:33:22 PM
Bitcoin and other cryptocurrencies are not getting hacked until right now there are no issues about the bitcoin's network has been hacked, just there are hacking issues in bitcoin's exchangers and it doesn't mean bitcoin and other cryptocurrencies getting hacked, it is something different, all of users cryptocurrencies has responsibilities to keep their coins to be safe with stored their private key. No one will be hacked if you very carefull in interering your private key, must double check always the site or links and do not ever give your private key to avoid scams.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: walemil on June 22, 2018, 12:45:11 PM
Hacking is now a menace that we all witness almost everyday. Exchanges are hacked as well as individual cryptocurrency wallets. However, hacking is not limited to cryptocurrency alone, Internet banking account passwords are hacked on daily basis. We have to learn as much as possible not to leave our cryptocurrencies on exchanges indefinitely. We should also use non vulnerable wallets.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: hajimasan on June 24, 2018, 11:43:03 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I don't think that they are getting hack by anyone , but it is only a type of mistake and fault.by the owner that results into big and resul into hack otherwise it is fully risk free .
But still here we can't say exactly very well about the security system of the exchange , if exchange will not make themself better and more secured then I don't think that they can make it safe in any way and surely value of the trading platform will get down and in that case bitcoin surely will go at much dump .
Here we can see example of a simple site which is blockchain.info ( we know that it is a wallet but still first it is a site also ) which is totally unhackable , so clearly unhackable exchange we can have with better development of the programming in exchange .
Well here I am seeing improvement every times in the exchange and I hope that in the future we will get much better security in the future that what we have today .


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: drachman on June 25, 2018, 04:33:33 AM
Bitcoin and others crypto always target by harcker because the price in the future will be expensive. Beside that different if they hacking on banks, hacking on bitcoin or crypto is hard to trace it
Believe me, hackers are not hacking exchanges to hold their coins for the long term they are doing it because they know that no matter what happens once they get those coins it is impossible for everyone to get those coins back without the private key, so even if they are caught they will still have access to the money once they are free and out of jail.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: careCentre on June 25, 2018, 04:46:11 AM
Hacking is one of the problems in the crypto world, it's happening every day, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in the crypto world and a lot of people are careless with the security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must. There will also be hacking attempts because hackers are sometimes one step ahead of the security measures.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: hakertajniak on June 25, 2018, 10:04:34 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


But i think this is not bitcoin or cryptocurrency to be blame. The system of cryptocurrency is cannot be hacked.
The most plausible reason of hacking is a human itself. Peoples who owns their wallet must be very careful to protect their wallet.
if some hacking event happened, it is considered as a human mistake.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: travieso on June 25, 2018, 10:28:35 AM
i think many people like with the money and that is very interesting to they


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: darkangelosme on June 25, 2018, 10:58:38 AM
Simple because in cryptocurrencies there are money involved, a really really huge money, that's why hackers and other bad entity get attract in crypto.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: sheryl26 on June 25, 2018, 11:09:35 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


Of course they are computer system and with that of course they can easily be hacked by those hackers because some of those hackers also know how to make that kind of system and if you know how to do it of course you know hoe to overdrive it. And thar is the disadvantage of a computer they can be hacked they can be virus unlike in those cash but of course there are a lot of ways in order to avoid tjat and in order to be safe store all your holdings into a cold storage an offline wallet for sure.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: EugeneReigns on June 25, 2018, 11:22:50 AM
Hacking is the most profitable thing for sophisticated programmers. They know how to break security systems of web resources, platforms or even wallets. And they know very well how to do it without being traced and caught. So why shouldn't they use it for their own benefit? It doesn't require any investments or spending of their own assets. They get everything for free. This is, I suppose, is the main reason why they do that. We all like to get something for free.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: martirosyan666 on June 25, 2018, 11:30:50 AM
Its very impossible to hack Bitcoin and cryptocurrency  rather people's wallet get hacked due to their own carelessness, having low security on their wallets or maybe also  clickiing on fishing sites that can get their details  hooked.Wallets get hacked not bitcoin or cryptocurrency.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ismart1 on June 25, 2018, 11:40:07 AM
Security measures are a plus, but it´s in human nature be lazy about personal security and there is always the "smart one" trying to get an advantage over this either online or offline. The protocol has never been hacked and the problems with everything else in the process of adaptation, especially online where is always evolving and the methods are always changing, that why there is so much hacking, evolution will come with a price, but will get there.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: $anounimus$ on June 25, 2018, 12:30:46 PM
because cryptocurrency is a very sophisticated technology cryptocurrency is a digital currency so it can trigger the hackers to try to hack the existing cryptocurrency wallet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: BLAST2MARS on June 25, 2018, 12:35:32 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.



I really hate it too but I know that everyone of us our warned not to put our coins in exchanges and we should leave it in our wallets instead. If hackers know that majority of us are doing that, they are just going to steal a small amount and can be discourage because they won't know who has the most money in every wallets around the world.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sealis on June 25, 2018, 12:37:29 PM
Its because cryptocurrency is circulated in cyberspace. More than enough reason for hackers to do it. Its basically free money for them... Well as long as they don't get caught that is. And bitcoin has not really held as a secure currency since there isn't really any way to make sure that transferring of bitcoin can be a 100% guarantee and secure.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lornerderipper on June 25, 2018, 01:04:39 PM
Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe
In my own oponion hackers exist around the world, those bad guys want to earn money in a easy way,  but if we have strong password and  concrete computer system, I dont think they can hack us because they pin point those who are weak and they will find a way if they spot weaknesses. Thats why we must improve our system of those kind of people.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: drm on June 25, 2018, 02:02:25 PM
Crypto = money , money attracts criminals.
Because of crypto's anonymous and decentralized nature hackers and thieves will obviously target crypto.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lamcouz on June 25, 2018, 02:03:55 PM
it's great with hardware wallets when it comes to the safety point of view. There are multiple ways to store Bitcoins in offline wallets including paper wallet, hardware wallet etc. You can download the reputed paper wallet generator from GitHub and move it to any offline PC and generate paper wallets to store your funds off the internet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Psychee on June 25, 2018, 02:29:36 PM
Personally, I think that all crypto projects are exposed to hacking chito would pick up all the coins and earn on it but now there was a new crypto project which is very well protected and can be relied on


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: riplete on June 26, 2018, 03:01:56 AM

Banks are frequently attacked. Also, no Bitcoin rules and regulations help attract hackers to it, because of the decentralized nature of Bitcoin.
It is an invisible asset that exists only in the computer frame


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Nerman on June 26, 2018, 03:08:21 AM
This is sad but true, although hacking is not only unique in the crypto currency exchanges/market, I think the exchanges should invest more on security. How many stock exchanges have been hacked in the past few months.  If these is going to continue many people will be disappointed and will lose interest in investing in the crypto market.

I hope our exchanges will change their priority. Instead on focusing on how they will earn money they should make sure that our security is the number one priority.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Roboabhishek on June 26, 2018, 08:46:17 AM
Why robbers rob the banks ever thought about that?

They rob for cash same with hackers they also hack crypto wallets for money/crypto.


There's no way to stop online wallets hacking each and everytime but the only thing you can do is using a malware free device before accessing your wallet.



Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: billsted86 on June 26, 2018, 06:49:28 PM
Bitcoin and other cryptocurrencies are hacked. Some people are hacked because they don't pay attention to their security and password. It is big effect  of cryptocurrencies. There have were many hacking story since the internet was invented. I think they can not attention their password and can not care secure.It is big problem for hacking.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: kha180740 on June 26, 2018, 06:54:56 PM
Your title is wrong. Is not Crypto being hacked, but exchanges and wallets due to lack of security on those.
If you don't protect your computer, or exchanges don't protect servers, hackers will use it to their benefit. After all, it's big money.

Why Banks gets hacked?


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Soneo on June 26, 2018, 07:11:46 PM
Not easy to hack bitcoin. It's always safe. We do not know how to protect it or engage in ghost projects.




I think it may be possible on some cryptocurrencies and lately there have been some coins reported to be victims of a 51% attack because the hash power of the coin is not distributed equally and can easily carry out an attack.
Not a hacked bitcoin network and no news reported about bitcoin itself being hacked because of exchanges that have poor security and neglectful people protecting their private keys and wallets.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Queen_Amber on June 28, 2018, 08:04:22 AM
I'm pretty sure within the next few days there will be another huge million dollar hack.. Pretty soon hackers will own 75% of the supply!!  >:(  :-\


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Maxson on June 28, 2018, 08:38:01 AM
Hacker are also known as thefts, these set of people can not be taken always from the society but can be prevented,one can only take instructions of the security majors put in place in the establishment,to an extend it will help prevent hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Justin Monizz on July 01, 2018, 02:53:15 AM
Bitcoin trading is only one way, which means that when you transfer money to someone, you can not withdraw your trading order. So if a hacker grabs your bitcoin wallet, he will have full control over how much money you have and then the loss is inevitable.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: senin on July 01, 2018, 05:00:26 AM
Large cash in the crypto currency and its uncertain status in most countries attracts numerous scammers and hackers, because it allows you to relatively easily get big money and get away from the responsibility for their theft. This is still a big problem for the users of crypto currency, which is one of the global reasons restraining the spread of crypto currency around the world.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: nazarovv on July 01, 2018, 10:50:18 AM
maybe a better question is why is everything being hacked? ;D


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bycocoricos on July 01, 2018, 11:25:36 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


I don't think crypto is constantly getting hacked, let alone "slowly dying" because of hacks. If anything, hacks make it stronger, as they both expose weak projects and tell future ones what to be vary of.

As for the exchanges, they aren't exactly built "the way Satoshi envisioned it"; they are centralized entities that have plenty of weak points which a malicious player can abuse. This goes against the decentralized principles of cryptocurrency. Which is why DEX's are looking poised to take over the future.

Even so, the biggest "weak point" of crypto in general are the people. Most "hacks" happen as phishing attacks, when someone gets tricked into downloading tracking malware or  posts their private information (private keys or logins into their e-mails) into a phishing website. This is in no way the fault of crypto and shouldn't be looked at as the fault of the code. Of course, you have badly coded projects like Verge, but they are bad thanks to humans badly coding them and not because there is something inherently wrong with crypto.

So yeah, the hacks can be seen as something positive in the bigger picture. They will expose "the weak" and allow "the strong" to learn, adapt and survive, at the cost of some naive people losing money sadly. But hey, don't be naive and you'll be peachy.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: airdnasxela on July 01, 2018, 11:27:34 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

There are many parts of your statement which are I think are wrong. For example, bitcoin is not hackable or the technology behind,  the wallet or the private keys does. It is the one that is hackable and I think some even of these events are in the user's fault. They sometimes expose their keys or do other careless things but the bitcoin itself,  is not hack hackable. Also,  there is no direct relationship between the hacking incidents and the downtrend of the price of bitcoin.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: James Smithh on July 02, 2018, 05:38:50 PM
Theoretically, a hacker can destroy the Bitcoin network by using code that interferes with the system. However, over the past four years, Bitcoin's code system has been considered invulnerable despite the fact that people have been hacked  money to profit  for themselves or to attack people's trading accounts. other.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cluit on July 03, 2018, 07:43:13 AM
You can't hack bitcoin!!!!
Bitcoin is the protocol running on the blockchain, it has never been "hacked".

What is getting hacked are unsecured web wallets, servers, and even personal wallets when the user is stupid enough to download malware programs that are promising to mine at huge rates or to double his coins.
This is not the fault of bitcoin, it's the fault of the ones providing services with no clue how to do this securely.
Besides, most of those "server hacks" are just exit scams.


Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

You're watching a pretty bad movie, turn off the tv, nothing is slowly dying around here.
To be honest greedy peoples are the one who suffer the most they would always download a malware program which promises to mine more or double there coins and in the end they end up losing whatever they even had with them , but again bitcoin aint hackble but those wallets are and we got to take proper care of our wallets or we might end up in the sadder side of the story , and again there will always be greedy people who will end up losing their money and then blame bitcoin for its security


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Emilyp on July 03, 2018, 08:00:43 AM
Well, just as many have pointed out you can't hack Bitcoin but the wallets can be hacked due to many factors, as some are unsecure, some people are not security conscious enough visiting phishing sites or download malware programs and others blatantly expose their wallet keys.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: TheGreatPython on July 03, 2018, 10:59:52 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Cryptos wont actually die but the fact being it so vulnerable can affect its rates and the stability of the exchange , hackable yes 100% it is hackable anything that is stored in our device well any device to be honest is vulnerable to the great intelligent hackers , the only thing that we can do is to maybe take greater care of our wallets cause the so called hack proof devices are also getting wrecked nowadays.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: mklost on July 03, 2018, 11:07:07 AM
Hackers are getting smart day by day. They are hacking crypto coins every day from the exchange or from people. I have the same question about myetherwallet. Because myetherwallet got hacked in almost every year but they don't improve their security! Why!! We should more careful about our wallets to protect them. Sad but true, Recently I have attacked by a hacker and my all altcoins are gone. Though I were very careful! Hackers are a curse for us, for cryptocurrency


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: spadaccino on July 03, 2018, 11:12:24 AM
Well, how about robbing banks in 19th century ?
It was easy.

More difficult nowadays so robbers found another way to get money: hacking central wallet.
Be smart - be a bank of yourself


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Toraokun on July 03, 2018, 11:29:58 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


I don't think there is a way to hack cryptocurrency, you must be talked about wallet. But i don't think wallet security is vulnerable maybe the user who are not carefully secure their wallet. It hard to deal against hacker because they keep growing their knowledge about hacking if wallet security not update constantly their security a advise you to change your wallet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: gasparyu on July 03, 2018, 12:59:41 PM
Bitcoin itself cannot be hacked. maybe the web wallets.maybe because of greed, some users are being persuaded to download some program that promises to get more of the coins.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Choy13 on July 03, 2018, 02:50:05 PM
Its not just crypto that are always hacked. It always happening like everyday. They hacking the data of a user for them to have it and transfer it to another account. They are doing it to gain more coin easily. It can be defeat by using some hardware wallet that can't be hack because of the 2FA and security password. Your bitcoin will get stronger and cannot be hackable by the hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: samsul1234 on July 03, 2018, 04:49:28 PM
about hackers it depends on how we secure our own wallets and do not be careless, hackers out there not only limited the currency crypto, but all hacked into their own profit, we must always be vigilant and careful


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cryptokia on July 03, 2018, 08:04:24 PM
 I thought I don't remember the last one big and significant hack, but you need to consider that cryptocurrency is money and those money amounts are significant, so the hackers Are Always directed by their desire to steal more.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: pyosar on July 03, 2018, 08:33:57 PM
The problem is not only in hacking, the crypto currency market is also falling in a number of other factors. Develop a security system that will be difficult to crack is not difficult and it is already used almost everywhere. In hacking, not the crypto currency itself is to blame, but the stock exchanges from where they are stolen.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bizarro on July 03, 2018, 08:44:50 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

In my opinion all those hacker attacks are positive and useful because by them we can spot out some new weakness of the system and make it more secure because of the hack that was taking place


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ZZ8ZZ on July 03, 2018, 08:49:41 PM
Crypto is the new hackers playground OP. I know that it's sad, but that's the whole truth. With the booming of crypto, the number of hacked exchanges/wallets/crypto related websites etc. started going higher and higher. The only thing we can do is to try our best to protect our funds and credentials from prying eyes. That's why lots of people go for paper wallets and don't store large amounts of crypto on exchanges, cuz 1 day when you wake up and check your BTC balance on a certain exchange you may see 1 big fat 0. Don't be surprised if this happens ;)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Emmax on July 03, 2018, 08:58:30 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


I sometimes wonder how possible to hack Blockchain wallet with all those security in place. But when you talk about hack will are not seeing it for the first time because it has been happening in banks before. Now in Crypto space we do see hacker now. But you talking about hack does not mean bitcoin price will be low. It never have any effect against the price. We have seen Banks being hack many time but that does not mean they will not receive money from people the following day. They still continue their work without no disturb. Same thing applied here. So we have to be careful and make sure our Blockchain wallet is very secured.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Igromania on July 03, 2018, 10:55:22 PM
Because it's a hacker's Paradise. since in this topic many beginners which are very easy to steal the money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Timzbrand on July 04, 2018, 12:08:26 AM
The quandary is not only in hacking, the crypto currency market is additionally falling in a number of other factors. Develop a security system that will be arduous to crack is not arduous and it is already used virtually everywhere. In hacking, not the cryptocurrency itself is to inculpate, but the stock exchanges from where they are purloined.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Choyor on July 04, 2018, 12:18:09 AM
Bitcoin is not gassed. What to hack is an unsecured web wallet, a server, even a personal wallet, when careless usage downloads promising malwer to mine, be careful because most of them could be server hacks.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Dovie on July 04, 2018, 01:28:36 AM
Simply because hackers want to earn in their easiest way by hacking. Since they knew how to hack such as data in your own account and your own computer, it is easy for them and effortless to gain earnings from someone they hacked. I compare them in parasites, they will depent on their ability to hacked other person's account to earn as simple as they can.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Clemcout on July 04, 2018, 08:29:39 AM
You can't hack bitcoin!!!!
Bitcoin is the protocol running on the blockchain, it has never been "hacked".

What is getting hacked are unsecured web wallets, servers, and even personal wallets when the user is stupid enough to download malware programs that are promising to mine at huge rates or to double his coins.
This is not the fault of bitcoin, it's the fault of the ones providing services with no clue how to do this securely.
Besides, most of those "server hacks" are just exit scams.


Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

You're watching a pretty bad movie, turn off the tv, nothing is slowly dying around here.
To be honest greedy peoples are the one who suffer the most they would always download a malware program which promises to mine more or double there coins and in the end they end up losing whatever they even had with them , but again bitcoin aint hackble but those wallets are and we got to take proper care of our wallets or we might end up in the sadder side of the story , and again there will always be greedy people who will end up losing their money and then blame bitcoin for its security
Greediness and carelessness are the only ways whereby one can loss his coins. There are few other conditions like exchange is hacked etc but that are rare cases and if you keep your coins in good exchange, 80% are the chances that your funds won't be hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jdeanne92 on July 04, 2018, 03:51:00 PM
As the old saying goes "There is no perefect system". There would be loopholes and that loopholes would be the gateway of those unethical person and they are very good at it. Cryptocurrency is a big business and an addition to that cyberspace is their area of specialty so it would be easy for them to hack something


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: 0xBitcoins on July 05, 2018, 06:54:25 AM
Well, just as many have pointed out you can't hack Bitcoin but the wallets can be hacked due to many factors, as some are unsecure, some people are not security conscious enough visiting phishing sites or download malware programs and others blatantly expose their wallet keys.
Well, their are many hacks which are pre plan by the exchanges in order to get hold of the funds. These are are tactics which most of the small exchanges do in order to get quick money but loss their trust forever. Bog exchanges will not do such fake hacks because they value their users.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Missterio on July 05, 2018, 07:03:55 AM
It's the same as in the real world. People always want to steal from other people. Also here, many people want to take your money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: fmasta on July 05, 2018, 02:04:30 PM
Because bitcoin and other cryptocurrencies are money, and when you have money the other person would love to steal that money from you, it was always like that, from all of the history of humanity.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Osarman on July 06, 2018, 05:34:41 AM
Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe
Totally agreed with your points, hackers are always a step ahead of whatever security we put up against them but also the hacking part of the bitcoin and bitcoin being so vulnerable to hackers can make investors and traders lose their goodnight sleep, people with a heavy wallet will always have the anxiety about their money, and for those who are still not into cryptos can never opt for cryptos if they hear about the vulnerabilities, but again all we can do is to pray.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: BaraxLo on July 06, 2018, 06:17:43 AM
Electronic money and Bitcoin can always be hacked, bank accounts hacked on a daily basis too and not to mention all the scams genius on all internet.
Unfortunate thing but yes every digital thing can be hacked so are our bank accounts and bitcoin wallets, well bitcoin can never be hacked but the wallets and the server can easily be hacked by the intelligent unknown threats all over the world using their fingers to rip peoples money.

All we can do is to hope for the best and pray for our money and avoid being greedy enough to do something as stupid as installing a malware in our device and then get stripped of our money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Renai0925 on July 06, 2018, 06:34:07 AM
You can't really say that it's the fault of hackers when a wallet gets hacked. There are many precautions you can take to prevent this from happening. Like, using a cold wallet, 2 step authentication and whatnot. For websites, I think they're getting hacked due to lack of security or it's an inside job.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Cynthia Andradee on July 06, 2018, 03:56:17 PM
In my opinion, one of the reasons that bitcoin and crypto currency is always hacked is that they are not controlled by the government... By 2018 most of the financial institutions of the countries are still unclear about the classification and authority of crypto space. Therefore, there are still limitations that the floor has not overcome.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Mix_Fix on July 06, 2018, 05:18:21 PM
Hackers love money. They always try to hack banks, financial institutions to get money. Hackers will concentrate attention on our assets and you can do nothing with this. Just use standard recommendations for wallets (accounts) security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: 2fresh on July 06, 2018, 05:22:04 PM
You should check out the numbers on fiat currency fraud/scams, the numbers alone on credit card fraud are ridiculous.
Yet we don't really hear about those things too much unless you actively seek out that information. But when an exchange gets hacked everyone jumps on it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: delightme on July 06, 2018, 06:11:15 PM


Bitcoin and Crypto Currency always getting hacked is just becuase of our carelessness, to me i did not see any reason why Bitcoin and Cryptos should be hacked, you are the one holding you private key there is no way one can hack any address apart from you disposing.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bussu on July 06, 2018, 06:17:07 PM
When people said that account online them in hacker , often what happens is account e-mail who hacker , since the security of weak .Access to account email you give hackers access to other account


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: gaurav82 on July 06, 2018, 06:19:34 PM
The security system is very good of Bitcoin. There is no problem of hacking. People should secure their accounts self. Password should not share and keep safely.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: elachious123 on July 06, 2018, 07:11:14 PM
Anything with financial will attract hackers, so it is normal for such to happen but as for bitcoin itself it can't be hack but wallet can be hacked


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Aroma92 on July 06, 2018, 07:22:47 PM
Indeed, I am also against hackers. But 100% of them are not protected. Hackers have always been and will be. The crypt is indeed compromised because of hacker attacks, but people use it, and they are usually the weakest link.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: rolls89 on July 06, 2018, 07:26:48 PM
With the advent of technology,there is a con side to it too.Even the centralized things are getting hacked and Crypto's are decentralized.It's only you who can prevent yourself. Refrain from clicking on Malicious links which befool us to double our coins within no time.Get a cold wallet to stay more secure


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: LodisMcguire on July 06, 2018, 08:21:37 PM
If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: nanasei on July 06, 2018, 08:37:01 PM
A lot of people are negligence on how to secure their wallets which contains their assets and hackers are always finding their vulnerabilities to explore in order to hack innocent people wallets.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Ghayoor on July 06, 2018, 08:44:22 PM
Well, just as many have pointed out you can't hack Bitcoin but the wallets can be hacked due to many factors, as some are unsecure, some people are not security conscious enough visiting phishing sites or download malware programs and others blatantly expose their wallet keys.
Well, their are many hacks which are pre plan by the exchanges in order to get hold of the funds. These are are tactics which most of the small exchanges do in order to get quick money but loss their trust forever. Bog exchanges will not do such fake hacks because they value their users.
i believe when any thing goes up and then brokers get involved in market ant they are trying to eliminate that thing same here we are looking that hackers are trying to end bitcoin buts its not possible.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: wewe123 on July 06, 2018, 10:36:28 PM
If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.
Bitcoin and cryptos currency are always hacked, these are ways the target of this wild people who are always stealing the belongings of others , bitcoin and other cryptos are hacked because this things are of values and can converted to fiat money that is why there are many bad people interested in your bitcoin and cryptos.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Coroline on July 06, 2018, 10:45:51 PM
maybe it's the weak side of the virtual currency, because it can only be accessed through the network, because people want to steal them instantly do various ways to hack your wallet. so just need high security to prevent hackers hacking your wallet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dlhezter on July 06, 2018, 11:27:50 PM
If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.
Bitcoin and cryptos currency are always hacked, these are ways the target of this wild people who are always stealing the belongings of others , bitcoin and other cryptos are hacked because this things are of values and can converted to fiat money that is why there are many bad people interested in your bitcoin and cryptos.

Everything now can be hacked, I think to avoid those hackers it is essential to have a security support, strong security system is a good thing for the crypto community, I think it is not always hacked but it is sometimes hack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: DoublerHunter on July 06, 2018, 11:36:02 PM
Cryptocurrencies are always getting hacked because they are very attractive for the hackers since the money is there and it is not just about thousand of dollars, we are talking about million of dollers and that is why a lot of professional hackers are looking for any vulnerability that they can penetrate to get some easy money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: semutracing on July 07, 2018, 05:05:44 AM
cryptocurrency is a high value digital currency that can trigger hackers to try to hack existing cryptocurrency purses and because cryptocurrency is a highly sophisticated cryptocurrency technology


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tombola_official on July 14, 2018, 06:22:36 PM
Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe
Thank You Very Much For Let Us Know.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Tylev on July 14, 2018, 07:08:31 PM
If earlier hackers hacked various sites and abducted information, now for them the crypto currency is a very tempting object, because they have the ability to steal large sums of money, which sometimes reach millions and tens of millions of dollars. Fighting hacking is very difficult, because they can be located around the globe. Personal self-interest causes them to show real miracles of ingenuity. Law enforcement just do not have time for them. This will be the greatest challenge of this century.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Emilyp on July 16, 2018, 01:25:14 PM
Bitcoin has never being hacked, it's only the unsecure wallets that get hacked. If you keep your keys safe, your wallet will not be hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitcoinVPSD on July 16, 2018, 01:36:46 PM
You can understand simply because all of our bitcoin transactions are done over the internet, you can not avoid the risk of being hacked . But I can minimize that risk by choosing a good purse for myself and not focus on storing my bitcoin a purse. And divided by many different wallets


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Desscount on July 16, 2018, 01:41:48 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.



in fact anything that contains the element of money will cause every means to do, and like hacking. this happens to all not just on bitcoins.
I think it would be very difficult to break into any wallet network even more have an online system that is easy to track fast. for that you should be more vigilant in every action and also prioritize the level of security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: arabellascott21 on July 16, 2018, 01:45:23 PM
Hacking happens not just in crypto but in everything. greed will always drive to people to hack something to get the money they want. It's human nature. Let's just be careful with every transaction and limit the deposit to exchanges.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Amajaa on July 16, 2018, 11:02:28 PM
Being hacked happens nowadays the security dependa on us.. There are some secure wallets we can use to protect iur funds we should also need to be careful on clicking links for some will lead uou to phiahing sites, we need to store aour private keys on secret place and never tell anyone about it..  And also do not put all you funds on onw basket only.. These are just some tips to prevent from hacking..


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: DoublerHunter on July 16, 2018, 11:07:02 PM
Being hacked happens nowadays the security dependa on us.. There are some secure wallets we can use to protect iur funds we should also need to be careful on clicking links for some will lead uou to phiahing sites, we need to store aour private keys on secret place and never tell anyone about it..  And also do not put all you funds on onw basket only.. These are just some tips to prevent from hacking..
It is not about the security that it is in our hands, it is about the hackers who are always greedy for money and if they see an exchange or site that is going to have an exploit then they will penetrate that to get some bitcoins or other cryptocurrency that they might use to get a lot of money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bidadari22_ on July 16, 2018, 11:07:14 PM
I think bitcoin can not be hacked or technology behind it, wallet or private key. This is one that can be hacked and I think some even of these events are in user error.They sometimes expose their keys or do other things that do not care but the bitcoin itself, can not be hacked.Also,there is no direct connection between hack incidents and the tendency of bitcoin price drops.Some people are hacked because they do not pay attention to their security and passwords. This is a great effect of cryptocurrency.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: btcCoincart on July 16, 2018, 11:22:12 PM
It's because of the big money from them. And most holders now they store their altcoins or btc on online wallet which hackers can easily get access when they didn't save their private key carefully. In my opinion, if you're serious with your crypto assets, buy hard-wallet (cold wallet) to store in your house!


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: samycoin on July 16, 2018, 11:28:43 PM
We can't avoid the hacking especially in cryptocurrency we all know hackers do everything to steal our money. Even many exchanges do many security hackers will find a way to make their bad doings. Not only in crypto have a hacking even in every individual experience it. So we need to be vigilant and more extra careful.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Kidmat on July 16, 2018, 11:35:08 PM
Bitcoin not hacked and other cryptocurrency understand on what's happening in crypto. It is best to secure your wallet to avoid hacking since hackers cannot stop them. Their is hacking issues your responsibiltiy to secure your wallet keep safe your coins and private keys.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Blackrain13 on July 16, 2018, 11:39:31 PM
   Here on Earth has no safe. A lot of things may happen in every seconds. In crypto world is the same, a lot of hackers out there and they attack any time they want with out our knowing. Everything is possible for them ,hacking our online wallet,exchange and website just to get and steal all that we have like money,crypto coins and personal information about our identity. There is no impossible for them but we can still make our wallet secured,so that they are not easy to hack it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Crypbull on July 16, 2018, 11:46:09 PM
Hackers not only crypto, It will effect for all internet of things, Most of got hacked because of the unwanted use of internet, and don't think the security of the data, That is the main reason for that. If you deal with the internet of thing you should consider personal safe, Be safe  :)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: nazaididuan1 on July 16, 2018, 11:52:15 PM
Because the cryptocurrency is hidden, decentralized, and it is cumbersome to track!
A large amount of money is traded in cryptocurrency. Attacking cryptocurrencies can earn a lot of money, and it can effectively evade legal sanctions, so hackers like to attack cryptocurrencies!


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: batang_bitcoin on July 16, 2018, 11:54:56 PM
Because the cryptocurrency is hidden, decentralized, and it is cumbersome to track!
There's no relation that because crypto's are hidden and decentralized it is being hacked. The ones that are getting hacked are the exchange.

Bitcoin blockchain, network is totally safe and it hasn't been hacked although it has been attacked by spams before to make it slower but it wasn't hacked.

A large amount of money is traded in cryptocurrency. Attacking cryptocurrencies can earn a lot of money, and it can effectively evade legal sanctions, so hackers like to attack cryptocurrencies!
There you go, that's correct and bitcoin and crypto's aren't the ones that are really hacked but the holders of it which are the wallets and exchanges.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: gundala on July 16, 2018, 11:55:46 PM
Moreover investing with bitcoin is very profitable. So many want to get it. Some choose the right path, such as trading, investing, etc. and some are using the cheat way, yes like the hacker. So be careful. Hackers always take advantage of our negligence. My advice, use complicated passwords with combinations of numbers, letters, and characters, do not store assets in the wallet exchange.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Wakkocu on July 17, 2018, 12:28:06 AM
Simply answer is  "because don't care the self-secure >:(" Most of are don't care self-secure they go all phishing site and then got hacked, This is the main reason If  you use secure way to access internet of thing you will never get hacked, And also try to use hardware wallet to store your fund this is also one of secure method but you should care the wallet  :)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Arkham Knight on July 17, 2018, 06:02:26 AM
The hack incident that happens to us is nothing compared to what happens on banks. They have always announced in many occasions that they are hacked but their users will not feel any worries because whatever they have lost is going to be returned to them unlike in exchanges that when you lost it in a hack, it is over.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: RawDog on July 21, 2018, 11:48:47 AM
Moreover investing with bitcoin is very profitable.
Profitable until you get hacked and the hacker takes your profits.  Bitcoin is easy to hack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: faith400 on July 21, 2018, 12:15:48 PM
A lot of cryptocurrency work the same way. They run what is called a "hot" wallet that is connected to the Internet, where they store the virtual currency they know they will use to quickly fulfill their customers' trades. Meanwhile, they might keep some or even the bulk of their customers' funds in a "cold" wallet. This cold storage is disconnected from the Internet and inaccessible to customers, partly to ensure it is off limits to remote hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cold cool on July 21, 2018, 12:27:58 PM
The price of BTC and encryption is too high. The value of encryption of an address is very high. If stolen, hackers can earn a lot of money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Victorrrrrrr on July 21, 2018, 12:45:45 PM
All of us know, that places which consist huge amount of money might be hacked . This is a huge issue that crypto industry is not well secured


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dutchkay on July 21, 2018, 02:02:59 PM
Cryptocurrency have turned to a billion dollar market and thereby attracted many eyes towards it and even hackers. Hackers are on the lose trying to make ends meet on their own side. Cryptocurrency being a new technology , it is easier to hack because most people using it don't really understand how to secure themselves. Crypto being a decentralized technology makes every person responsible to secure their own tokens themselves. Remember bitcoin is hosted on a blockchain and it is hack-proof but exchanges and individual wallets are the ones being hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: galinskiydmitriy on July 21, 2018, 02:08:29 PM
I think that most of the hacking of crypto-exchange exchanges or a purse is in fact counterbalanced. Do you think it's so easy to hack anything? Most likely this is how the exchanges themselves earn. To protect yourself, keep everything in cold purses.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: uyenkt on July 22, 2018, 03:51:35 PM
Hackers do not hack their currencies for long time they are doing because they know that no matter what happens when they get the coin it is impossible for people to get those coins back without them, private key,


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: TheGodFather on July 22, 2018, 03:54:30 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


I thibk its because of how little we have safeguards for it especially that it is beng thown ito a dark place jus because of it not being accepted by a variety of world governments. Also it lives in the digital network which is primarily the forte of every hacker and that is why there is a need for regulations to be in place and for us to gave a much more safer cryptocurrency exchange. And we do this by having our plan for cryptocurrency be furthered


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tsmc103 on July 22, 2018, 06:27:58 PM
Hacking is happening everywhere in internet world like websites,personal data ,passwords etc hacking is happening in crypto because more money is involved peoples are careless about their account on exchanges and wallets where they store their cryptocurrencies they are not aware about security threads which is helpful for hackers. always use 2FA security from google authenticate app and otp based transaction so Ur account will be more secure.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: TmottaDing on July 22, 2018, 06:29:08 PM
Most of the times, the exchanges are getting hacked because the hackers can bypass their security, but it has nothing to do with the blockchain or the way that bitcoin is working at the momenet. Most of the times they just forget to add more layers of security


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dadanpradana on August 02, 2018, 08:39:26 AM
I do not think Bitcoin can be cracked because Bitcoin can not be faked.
hacking occurs because there are third parties, such as websites that incorrect input when entering the wallet address and private key, or also download applications that can record all your browser history.

in the internet all ny can happen and be careful in buying and selling cryptocurrency.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: gooutfinish on August 02, 2018, 08:43:00 AM
not only bitcoin and crypto currency getting hacked. You must know that hacker is everywhere around us. Just becareful


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: TheClownSong on August 02, 2018, 09:31:51 AM
Cryptocurrency right now become more popular and hackers know this. They always hacking on crypto because its more safe for them, cryptocurrency is hard to trace and they can just disappear after they stole it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: JovhanHermias on August 02, 2018, 09:36:31 AM
Hackers use their knowledge in hacking to sites such as crpyto sites that they can earn big, they are using the skills they possess and know to steal and rob others they want to earn money instantly.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: art.vrn on August 02, 2018, 08:07:41 PM
Cracking of crypto-currencies became more frequent, first of all, because of the principles of anonymity, crypto currency. This allows attackers to casually uncover stolen funds without much difficulty.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Fugaga on August 02, 2018, 08:48:25 PM
There should be a measures to eradicate the issue of hackers in cryptos world, many Wallet have been hacked through the pishing sites. Most definitely we are afraid of getting hacked, that's why hardware wallet should be very cheap for everyone to get to keep using it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: mojo2208 on August 02, 2018, 09:04:07 PM
The security system of the blockchain is certainly not perfect, but usually people lose their crypto currency because of their stupidity. Many simply do not know how to store sensitive data, leave them anywhere, on various devices, social networks, and then complain :-[


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: CryptYeah on August 02, 2018, 09:08:17 PM

"Bitcoin" has not yet been hacked by anyone, as the crypto currency) Hacking exchanges, using some vulnerabilities of the algorithm type 51/49 and the like, but about hacking and speech can not be! This is more cheating. Well, exchanges are hacked more by fraud and social engineering, rather than brute force or something similar.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Teawhalee on August 02, 2018, 09:22:29 PM
Hacking has been existing for long and its really inevitable at some time. Almost everything is hackable in this world let alone cryptocurrencies. An important things is to be careful and keep your details save and don't let it out cheaply. Not everything is hackable, but everyone needs to make his/her own as such by keeping all things safe.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dutchkay on August 03, 2018, 01:13:28 PM
Hacking is not a new thing and have been in existence for quite a long time. Crypto space is still not that huge and that is why hack is still a big deal when it comes to cryptocurrency. But still of an exchange is still what I have not wrapped my hands on recently. Individual hack is understandable which is due to some mistakes made by owners of the wallet. But for a well known exchange with enough money to acquire all the necessary securities for their sites to be hacked is what I believe to be a foul play. Check the rate exchanges are claiming hacks these days is alarming. How can all exchange is being hacked with same month as if it is planned. Well with time we will all know the truth behind the stories.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: acord00 on August 03, 2018, 01:18:00 PM
In my opinion, there is hacking against this crypto currency because hackers are too smart but don't have the right place to devote this intelligence. Finally they hack. But if they use this ability to create a security system against crypto currency then I believe his rejection will be more abundant than taking the rights of others. I am sure about it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Lovecrafter on August 03, 2018, 01:20:36 PM
Most often because people do not follow their computers and go to phishing sites. I think most of the stolen purses due to phishing sites, people still have not learned how to protect their information on the Internet


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Jihuny23 on August 03, 2018, 01:23:10 PM
I just want to add a reason why crypto currencies  and bitcoin can always be hacked by irresponsible people. Apart from hacking factors, bitcoin and crypto currencies can easily be hacked because of our factors as the owner of the crypto currency. Indeed not a few of us are very careless in using bitcoin and crypto currencies accounts including crypto currency wallet accounts. We often ignore the security of our wallet. Therefore it would be nice to prescribe all security procedures and perform security updates at least once a month. This is to prevent hackers from guessing the password of our wallet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tegarp90 on August 03, 2018, 01:24:18 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.


It will be not "always" if we smart enough to care and maintain our wallet.
If you had a very big amount of btc, don't just only have 1 wallet because it will be the target of the hackers


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: The cure on August 03, 2018, 10:11:06 PM
You know there is no impossible for hackers to hack in digital world because digital currency stored in a computer. Most of the people now are knowledgeable enough in using a computer that's they can do everything even to stole your cryptocurrency. That's be wise and smart,always make secure your bitcoin and altcoins. Don't put all your digital wealth in a single wallet and always use a 2fa authentication for more security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: teamspike911 on August 03, 2018, 10:19:19 PM
Well ... maybe the fact is that the technology is relatively new ... although who knows. It is necessary to implement blockchain, then everything will be exactly in order) No hacks will be


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: allaking on August 03, 2018, 11:15:04 PM
Hacking do occur everywhere and not only in cryptocurrency. People always try to take advantage of their knowledge in IT to lure people and get rid of their treasure. I think we have to be vigilante and secure our wallet well. We should desist from given our information to any authorized site and individuals.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Dread Pirate Roberts on August 03, 2018, 11:41:08 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?


Possibility if the wallet is used actively through website services. It is very possible to have a hack because there is a chance that hackers will take access to the wallet or control it remotely. but for offline wallets that you may never use as often as possible. very small chance of a wallet being hacked.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: strongman8 on August 03, 2018, 11:43:40 PM
I know others said it here but I want to say that Bitcoin and crypto currencies are not getting hacked.  it's usually some wallet or side app getting hacked or some crypto user who had funds stolen talking about hackers when he went to a phishing site.  People throw hacker around way to quickly. 


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bloodyvio on August 03, 2018, 11:56:01 PM
usually it's because of the user's fault itself
like accessing phishing sites, sharing addresses, not including 2FA in their wallets, ransomware and others
for exchanges that are hacked usually it is because of the fault of their programmers for storing funds in the hot wallet and not in the cold wallet


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: btcCoincart on August 04, 2018, 12:22:02 AM
Because people store bitcoin and altcoins online, not in online wallet then they keep them on exchanges. Many years ago, many exchanges were hacked thousands of bitcoins...


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sanchezino40 on August 07, 2018, 04:34:42 AM
Most exchanges whee Bitcoin are kept are not secured in terms of high level security. Due to that fact, many of them get hacked from time to time. Developers should be able to place secure codes to protect investors


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sovaivncb1996 on August 07, 2018, 04:41:52 AM
bitcoin and electronic money are easy to hack because it is a virtual currency.have been traded on the internet.all things related to the internet are dare attacked theft.but if we know how to protect it is very safe


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: maman09 on August 07, 2018, 05:40:22 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.



I guess you can't compare it only to crypto and bitcoin, the fact is that every one that contains money on the internet will invite humans to commit crimes such as hacking. this is a fact so I don't agree with what you say.
and for security issues, as long as I am involved in this industry, I have never had a problem with hackers. I'm sure if I always protect every security that we have to protect, it will remain safe.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: katerinaliisa on August 07, 2018, 07:42:09 AM
It is very difficult to provide 100% security to your wallets, exchanges and accounts. No matter how you protect them, you can not provide absolute security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: spadaccino on August 07, 2018, 07:48:46 AM
It's so hard this will happen - even if you could gain 51% of hash power and force to switch to another blockchain, they will find a solution for that.

They are trying to steal it from central exchange because they own the private key for their customers and it's easy for a great hacker to attack such a vulnerable source instead milions of multi account.

When you sign up for exchange you think yourself you are safe with them but it's no more true.
Hold your private keys guys


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: provalentine on August 07, 2018, 07:52:40 AM
bitcoin and electronic money are easy to hack because it is a virtual currency.have been traded on the internet.all things related to the internet are dare attacked theft.but if we know how to protect it is very safe
Yes, but also fiat cash can easily be faked, and the bank can be robbed... so I think that it is more difficult to take possession of the crypto currency, although it is safer as we can see.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitbunnny on August 07, 2018, 07:56:59 AM
It's simple answer, it's value that is attractive for hackers. They wouldn't attack anything they don't have use of and can't get some material gain.
Unfortunately, hacker attacks are getting more and more sophisticated and it's getting harder to have adecvate protection.
It's very important that you are always aware that Bitcoin and other cryptocurrencies are in fact virtual money and people were always stealing money, so hackers are just trying to do the same thing.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: stayeduptolate on August 08, 2018, 09:52:23 AM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I don’t think that it is that easy to hack bitcoin account, bitcoin transactions are known for its security and confidential as they provide you the user anonymity and peer to peer transactions and I think the transactions of bitcoin are like next to impossible to hack as these are the safest transactions among all and it also involves 2 step decryption which enables user to have safest and most confidential transactions, the only thing with which you need to be cautious is that never share your wallet id and passwords with any one.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lionheart89 on August 08, 2018, 02:17:46 PM
I think bitcoin or crypto can't be hacked, most hackers are crypto users. So we must be very careful in maintaining the security of the wallet. we all know the purpose of bitcoin or cryptocurrency hackers is to make a profit because the value of bitcoin is very expensive.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Sonamziv_99 on August 08, 2018, 02:25:36 PM
It's straightforward answer, it's esteem that is appealing for programmers. They wouldn't assault anything they don't have utilization of and can't get some material pick up.

Lamentably, programmer assaults are getting increasingly complex and it's getting harder to have adecvate security.

It's imperative that you are constantly mindful that Bitcoin and other crypto are in actuality virtual cash and individuals were continually taking cash, so programmers are simply endeavoring to do a similar thing.

You must be hacked on the off chance that you get into a phishing/counterfeit destinations and when you logged your touchy data there. Blockchain is difficult to be hack or the server itself and it just be hacked when a man holding a cryptographic money doesn't know on what site did they enter that may have infections that stole private keys or leaving an incredible measure of altcoin in a trade site. Putting away on trade locales are not prudent same as the other stockpiling that holds your private key. The thing here is you should know about anything that could take your computerized resources, or endeavor to have an equipment wallet for more elevated amount security.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: mmo_online_1981 on August 08, 2018, 02:29:40 PM
Bitcoin or any other software is likely to be faulty. Digital money has an extremely high anonymity, which is a good environment for hackers!


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: A Feeder on August 08, 2018, 04:05:28 PM
Not just about bitcoin crypto is a problems, i think a hackers are the true problem because nowadays they spreading and scattered they didn't control them all we need to do is to protect and make sure that our account is in the safe place, we need to be careful everytime we make a decision because regrets is always in the last part.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jpnl0002 on August 08, 2018, 04:25:00 PM
Its not new its been there since the beginning of computer peoples laptops and computer gets hacked everyday everything connected to the internet can be hacked so there nothing that can not be hacked. I think the way forward is to make more advanced security system to keep bitcoin and cryptocurrency safe


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: AndreaPhillips on August 08, 2018, 04:29:10 PM
Because the bitcoin value is so high in dollars, hackers are still treading holes in the security software. They use bugs that the bitcoin developers themselves to exploit to exploit, take possession of bitcoin. As the value of bitcoin grew, the demand for black hat hackers increased.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: burnah0928 on August 08, 2018, 04:39:21 PM
Because it is known to be a good source of income nowadays. The hackers do take advantage of it and that sucks! They do bad just to be rich or profitable.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Anyobsss on August 09, 2018, 03:12:15 PM
Because it is known to be a good source of income nowadays. The hackers do take advantage of it and that sucks! They do bad just to be rich or profitable.
Yes, I also think that is the reason. Of course, hackers will go to the big fish and bitcoin and other cryptocurrency has a huge value so it is a no brainer, Cryptocurrency having a huge value tends to attract hackers. It is an easy money for them and it is more convenient than to hack bank account where they could be tracked down.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: RodeoX on August 09, 2018, 03:14:55 PM
For the record, there has NEVER been a hack of bitcoin. People have had their coin stolen from hacked websites, but the protocol has nothing to hack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: club45 on August 09, 2018, 03:31:02 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.



hacks are becoming parts of everyday lives, not only in crypto. We need to learn to protect ourselves and not leave ourselves vulnerable. Centralized exchanges will become past soon.

Yes i agree that hacking is part of our daily lives. So we should be extra careful in everything we do coz hackers are everywhere.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Marlo Stanfield on August 09, 2018, 03:39:05 PM
It is very difficult to provide 100% security to your wallets, exchanges and accounts. No matter how you protect them, you can not provide absolute security.

You can get close enough by generating the private key(s) on an air gapped offline machine and having multiple redundant backups that are also not connected to any communication channels. If anything it's one of the more secure things in the world.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jzale on August 09, 2018, 03:52:48 PM
You should try to research about Bitcoin's features compared to altcoins. Bitcoin so far is non-hackable and there are no records of it being hacked systematically. Don't confuse things and open your eyes. Cryptocurrency are bound to experience those crimes since it exists in the World Wide Web. The Internet is a very dangerous and risky place to put your money and assets without the right knowledge. Accumulate more knowledge and tips on how to be secured in the Internet. It is common sense to get yourself secure in the digital world.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: SB16 on August 09, 2018, 05:36:53 PM
Not just crypto currency. it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc.You can't hack bitcoin!!!!
Bitcoin is the protocol running on the blockchain, it has never been "hacked".there are no records of it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: ERNESTOS on August 20, 2018, 05:51:18 PM
eweryone wants easy money
that's why people hack exchanges and e-wallets


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: matthew1981 on September 07, 2018, 02:54:46 PM
It's all because of money, they want easy money that's why they hack. We all know that cryptocurrency is known source of big money. We all have to do is safely secure our wallets, private keys.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Ausgewielt on September 08, 2018, 11:16:44 AM
Most of hackers now targeting bitcoin and other cryptocurrencies because bitcoin and other cryptocurrencies is very worth today. The money is there, as cryptocurrency users we should be careful about where we save  our cryptocurrencies. Exchanges site is not save place.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: FedorIzmailov on September 08, 2018, 11:20:30 AM
hacked not bitcoin and hacked computers users who neglect their protection. bitcoin can not be hacked


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Criptomen on September 08, 2018, 08:16:28 PM
In most cases there is no break-in, there is the stupidity of the person who gave away his coins. And all this is happening in the crypto world because there are a lot of big money and there are a lot of "stupid" people who just started to understand cryptoworld. I don't want to offend anyone, I just want to say that the loss of coins is on everyone's conscience


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cmaxwell on September 08, 2018, 08:33:11 PM
hackers are everywhere eating from where they have not sown. it has/ even gotten to an extent when cars are being hacked. the security wall of certain things in the world has been compromised so i wont be surprised if crypto currency and BTC is being hacked. but i will advised for people to be conscious of how they leave information around and will also the managers of BTC website to be active and seek for more ways of protecting the site


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bonammeo on September 11, 2018, 02:05:44 PM
You should be aware of the problem, the thing that is infringed is not bitcoin but your wallet. This happens when you expose your information, or you have downloaded malicious programs. Error is not due to security of blockchain, error is caused by yourself.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Satunaimrotes on September 13, 2018, 09:00:59 AM
That's why lots of people go for paper wallets and don't store large amounts of crypto on exchanges, cuz 1 day when you wake up and check your BTC balance on a certain exchange you may see 1 big fat 0. Don't be surprised if this happens.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: xWolfx on September 13, 2018, 09:26:26 AM
Only Bitcoin and Cryptocurrency?

That is certainly not the case. The problem with hackers is worldwide and between industries including all of them who handles digital information or tools in some way or another - Some get attacked through third party they contract to do certain things for them, delivery or things like that.

Blockchain is a lot more secure than regular internet for that matter and this is something that we need to have present everyday. Remember that the weakest link in any security system is in a lot of cases the human being.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Opusstin on September 13, 2018, 09:32:09 AM
I completely agree!  How can you store 1000 bitcoins and do not think about security!  It's like taking millions of dollars out onto the street and writing - do not touch anyone


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: anderson705 on September 13, 2018, 10:07:53 AM
Though I still don't heard any news about hacking and it is not hack always but the main fact is it is run on Internet so, hackers can try to hack and may be some time they succeed.

Thats correct. Most are due to unsecured logging in of password or private keys using unsecured network. As always  advised, be sure to login in a secured site, click only with links having an official url. There are many phishing sites and link, be always extra careful when clicking it. Also, store your private keys in secured  place. Do not secure it online as possible,it might goes to wrong hands. Always have a backup. Store it in a folder with password for extra security if ever.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Puylybn on September 13, 2018, 03:02:51 PM
Bitcoin itself cannot be hacked. maybe the web wallets.maybe because of greed, some users are being persuaded to download some program that promises to get more of the coins.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: walemil on September 13, 2018, 04:08:20 PM
Anything that is valuable and happening on the Internet is vulnerable to hacking. It is not that hacking is not happening in other environment such as banking and so on but it is common with cryptocurrency because there is no regulation, so the hackers are mostly unknown and therefore often go unpunished.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Olayinka225 on December 21, 2018, 09:27:09 PM
Internet is prome to hackers and will always be hacked. Moreover, wherever there's money, definitely it will hacked a millions time more. Moreso, what am just going to say is just that, one shouldn't just leave all one's coins in a exchange wallet but rather try and acquire a cold or hardware wallet for safety of this hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jakagintiri on December 21, 2018, 10:39:41 PM
Internet is prome to hackers and will always be hacked. Moreover, wherever there's money, definitely it will hacked a millions time more. Moreso, what am just going to say is just that, one shouldn't just leave all one's coins in a exchange wallet but rather try and acquire a cold or hardware wallet for safety of this hackers.
Yes that is true, because the internet is freedom or it can be said is Anonymous. So internet users must always be careful if they use money to invest on the Internet, because Bitcoin is the Internet, so it is mandatory for users to make extra security for themselves when they are on the internet not to be hacked by hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: acholagi on December 21, 2018, 10:49:50 PM
but it's actually not always, only a few moments where cryptocurrency hacking cases can potentially change crypto prices themselves
hacking cases in small amounts are not often published, nor can they affect the price of crypto
but the case of tens of millions of dollars like MtGox might be potentially very deep, and exchanger hacking cases don't occur every day


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: coinluisa on December 21, 2018, 10:53:22 PM
Because of some wrong giving a information to people you don't know or phishing site that hackers put it so they can hack personal data. Hacking is more risky in crypto because we know that its decentralize and many site or links are there to make your personal data get. Hackers is smarter and they do everything for the money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: naruto7676 on December 23, 2018, 09:34:16 AM
Because of some wrong giving a information to people you don't know or phishing site that hackers put it so they can hack personal data. Hacking is more risky in crypto because we know that its decentralize and many site or links are there to make your personal data get. Hackers is smarter and they do everything for the money.

That's correct too. Some people always not aware for their money such wasting and getting their account easy and accessable if they share info in their account.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: FlightyPouch on December 23, 2018, 09:53:32 AM
Honestly, I do not understand why you can Hack Bitcoin. Can anybody help me?

No one can really hack Bitcoin itself, it someone can do it, it have must been hacked a long time ago now. There are a lot of talented and intelligent hackers all over the world that can do that but in the past 10 years, only one hack was made and it was quickly fixed and at that time Bitcoin is just a new released crypto currency. Bitcoin can't be hacked but wallets, exchanges and your private keys can be known and hacked so be careful about that.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitfocus on December 23, 2018, 12:29:20 PM
Hacking is a problem to almost any field of IT, not only Crypto.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: thankyoulord on December 28, 2018, 11:03:16 PM
the truth is anything online is prone to hacks. even hackers try to hack money in the back. it is normal for hackers to always try to hack peoples money to enrich themselves


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: samle on December 28, 2018, 11:13:26 PM
Because bitcoin is huge, it stores very big assets. It has potential to be hacked because it is not controlled by any entity, obviously there is no guarantee about each assets of bitcoin. The secure of bitcoin assets is on individual or every holder itself. 


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Bitfling on December 29, 2018, 01:29:02 AM
Bitcoin always hacked because its valueable and its untraceable. Hackers prefer hacking bitcoin than cash in bank account because its anonymous and they can sell it as fast they want.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: coinwizard_ on December 29, 2018, 08:07:57 PM
Electrum wallet just got done over with some type of phishing scam. As long as crypto exists there will always be scammers and hackers around. Especially when the newbies join in


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Elerntta on December 29, 2018, 09:12:03 PM
I still hold the opinion that the safety of your bitcoins depends on you. If you choose a reliable wallet, you will not trust anyone with your passwords and laptop, you can assume that your investment will be safe.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: WebTera on December 29, 2018, 09:59:42 PM
I think all the information that is on the Internet could potentially be hacked. But I also believe that if you properly store your information, investments, bitcoins and so on, then hackers are not afraid of you. I am very careful about storing my coins and in the few years of my investment I have never been hacked. And I hope that this will not happen, because I observe all safety rules.




Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: minhlee95 on December 29, 2018, 10:05:26 PM
Unfortunately, to protect your personal information and in particular, investments from hackers is not so easy, because they are very smart guys who are engaged in theft. But we must do everything to keep our coins safe - choose good wallets, do not tell anyone personal data from their accounts, do not store coins on the exchanger and distribute them to different wallets.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: MakeMoneyBtc on December 29, 2018, 11:58:12 PM
I think the answer is pretty obvious. It's almost impossible to catch the person who stole those cryptocurrencies since everything is happening anonymously. Hackers know this and they take advantage of it. They have the knowledge to steal those cryptocurrencies and they know it's very hard to trace them and even if those companies who got robbed go to the police nothing will happen since cryptocurrencies are still a new thing even for the FBI or CIA(anyway, they wouldn't care about a simple hack unless it happens to a multi billion dollar company)


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lutfi-hasan on December 30, 2018, 12:54:06 AM
I think the answer is pretty obvious. It's almost impossible to catch the person who stole those cryptocurrencies since everything is happening anonymously
Yes it's true, the digital world like Bitcoin is indeed very vulnerable to hacking, because everything is anonymous, making it an opportunity for hacking crimes. So to secure your assets, you must have good security for your assets.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: setialovers on December 30, 2018, 01:45:19 AM
I think the answer is pretty obvious. It's almost impossible to catch the person who stole those cryptocurrencies since everything is happening anonymously
Yes it's true, the digital world like Bitcoin is indeed very vulnerable to hacking, because everything is anonymous, making it an opportunity for hacking crimes. So to secure your assets, you must have good security for your assets.

I am agree, we should keep safe our private key and not share it to anyone we can not trust. When hackers stealing our coin, they control it and they can hide it as long they can or cash it. In digital world, we should always careful when we visiting a website


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Juggy777 on December 30, 2018, 05:46:05 AM
my account always got hacked, not my bitcoin wallet and crypto but my google and facebook. my bitcoin wallet never got hacked, so dont said 'always' even my bitcoin never got it

Hey if you're not aware then let me remind you bitcoins security features make it unhackable, no one can hack your bitcoins but the same can't be said about exchanges or places where you store them. If you will remember in the past so many exchanges have claimed they were hacked, and they decided to shut down and people lost their coins but it's always an insider hand in the hacking. Let's take the latest electrum wallet phishing case where updates were send inside the wallet, and many gullible investors lost their coins as the wallet was hacked not bitcoins.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: thesmallgod on December 30, 2018, 12:25:38 PM
It is not the coin itself that is vulnerable to hacking. It is the wallet that holds the crypto that is vulnerable and that is because there are much technologies that is being used to design this wallet and unfortunately hackers will always look for loopholes.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dulinivanrus on December 30, 2018, 02:54:52 PM
Let's reason logically before there was bitcoin and altcoins robbed banks and credit cards ! Everything created by man can break another man and it was not my idea but the essence of our life. People want fast money.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: sulendra12 on December 30, 2018, 03:12:19 PM
Every system can get hacked especially Bitcoin and other cryptocurrency because they are digital and it's on the internet so hacker could be easily hack anything through the internet. Also, it could happen because peoples fault like sharing data to unknown people or clicking phising sites.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Johnzky on December 30, 2018, 03:22:03 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

HAckers are borned gifted they are more genius than somebody who created exchangers or even our wallets,so this means we must accept the reality that we cannot prevent things from happening,theres always a victim to have a criminal,same as somebody need to die for someone to live


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cuenzy on December 30, 2018, 09:47:11 PM
I still hold the opinion that the safety of your bitcoins depends on you. If you choose a reliable wallet, you will not trust anyone with your passwords and laptop, you can assume that your investment will be safe.

Because this system is new. Many techno or whitehats are still trying to configure a way to make it safer by the day. Also new people that has little tech background involve in the fomo and also to try it can be bulberable due to ignorance.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: dimastegar on December 30, 2018, 11:59:39 PM
Hackers have the motto "No system is safe". This is of course because every system has a little gap for hackers. And of course because of the efforts of these hackers, Crypto Developers will more easily understand what their systems lack.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Cryptrx on January 01, 2019, 09:27:21 PM
Actually hackers don't have into wallets, what they do is use phishing means to get people's private keys/pass phrases which gives them access to the wallet. Bitcoin and cryptocurrency is actually secure.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: chenille on January 01, 2019, 10:27:09 PM
It's all about how you use Bitcoin. Bitcoin itself is almost impossible to hack if you mean generating the prive key of a public key where some Bitcoin is stored. Theoretically, it's possible, but practically impossible. Hacks always accur when you try to access your Bitcoins from an unsecured device or you store them on an exchange and you don't control the private key.
Most people call this Bitcoin got hacked, but this expression is completely wrong. The people got hacked, because they used or accessed their Bitcoins in a wrong way.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bummm on January 02, 2019, 02:30:26 PM
Unfortunately if there is money there are always scammers. You need to take care of the security of your electronic wallets yourself and do not provoke hackers.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: soulripper on January 02, 2019, 03:23:51 PM
Its not  bitcoin fault or other altcoins fault that hacker manage to inside your account. That will happen if you didnt make any caution first to prevent anything bad happen. Thay why we need to safe our private key in the safe place.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: johnny508 on January 02, 2019, 03:30:53 PM
There are many reasons why bitcoin and crypto related exchanges or users getting hacked most of the time because unlike in the out side world there is no centralized authority to make actions against them for an example if some one rob fiat currencies even effective or not there is a police department to complain regarding the matter and follow the matter but in the digital world still we don't have such things so with that freedom hackers do large scale criminal activities targeting crypto related exchanges or users to make profits


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: speeder on January 02, 2019, 03:31:53 PM
Well you can't say that this situation it's present just in the crypto world.Like everyday a lot of sites are hacked and data is stolen..In my opinion the crypto wallets are pretty safe, just be sure that your passwords and private keys are at a are in a safe place.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Silberman on January 02, 2019, 05:30:22 PM
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

Bitcoin is not being hacked the ones that are suffering the loss of the coins are users and while it may seem the same it is not, there is a big difference when it comes to exchanges most of the time it is an insider job, someone that was part of the organization stole the coins, and when it comes to regular users of cryptocurrencies they lose their coins because they do not secure them appropriately.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: jakezyrus on January 02, 2019, 05:55:07 PM
Its not  bitcoin fault or other altcoins fault that hacker manage to inside your account. That will happen if you didnt make any caution first to prevent anything bad happen. Thay why we need to safe our private key in the safe place.

Exactly  .  people got hacked because they are careless enough on what they do  and they didnt even put 2fa's and otp's just to secure their accounts .  aside from that , may even put large amounts of cryptos on their unsecure account while they are dealing with unknown sites and unkown users which can result for them to get scammed  .

Frauds , scams , hacking  , etc and any other crimes were just only normal because it does even happen offline or on any other systems and platforms  but its good if you arent be a victim by them because money is a precious thing as it is hard to earned . 


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: cahbagus555 on January 03, 2019, 01:09:00 AM
Hackers always want to find a bug and stealing our coin. Hackers stealing cryptocurrency because crypto still unregulated and untraceable. Its more easier for hacker to liquidating crypto than hacking banks account


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: deppil on January 03, 2019, 01:53:11 AM
Hackers always want to find a bug and stealing our coin. Hackers stealing cryptocurrency because crypto still unregulated and untraceable. Its more easier for hacker to liquidating crypto than hacking banks account
First why there are still many cases of hacking. because many people on the internet have the intention of working to steal. of course they will always look for ways to steal and hack someone's wallet, someone's site, and many others of course to get financial benefits


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: MI6 on January 03, 2019, 04:11:34 AM
Hackers always want to find a bug and stealing our coin. Hackers stealing cryptocurrency because crypto still unregulated and untraceable. Its more easier for hacker to liquidating crypto than hacking banks account
First why there are still many cases of hacking. because many people on the internet have the intention of working to steal. of course they will always look for ways to steal and hack someone's wallet, someone's site, and many others of course to get financial benefits
People like that will never end to get a way to earn money instantly, because it is already planted on their brain. But we can defend ourself, at least keep secure our assets, that is a lot of ways to do it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Ozero on January 03, 2019, 04:29:36 AM
Cryptocurrency is money, and they have always attracted fraudsters. Moreover, in purses, exchanges and exchangers that break open, sometimes there are millions of sums. Therefore, the cryptocurrency will always attract people who want to profit at someone else's expense, and it will always be a risky investment. Of course, you can take appropriate additional security measures, but they require knowledge and, as a rule, additional investments of their funds. Therefore, hacking will always flourish, and newcomers to cryptocurrency will always suffer material losses in cryptocurrency.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitfocus on January 03, 2019, 12:51:26 PM
nope, BTC and alts are not getting hacked, exchanges and accounts are getting hacked due to lack of proper security steps taken.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: tonlong on January 04, 2019, 06:31:13 PM
In my opinion, Bitcoin and crypto are very attractive and profitable. It is worth noting and greedy to hackers. When we trade on unreliable exchange sites, it is very dangerous to reveal information that makes hackers track. Many people create accounts on exchange pages but don't set up 2-layer protection as well as simply set passwords.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: shirackjs on January 04, 2019, 06:36:53 PM
Unfortunately, hacking cannot be prevented and it is happening in all aspects, not only toward Bitcoin and crypto. Exchanges have large amount of valuable crypto currencies, surely the hackers will be targeting the exchanges.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: btcdevil on January 04, 2019, 06:40:12 PM
The main reason behind hacking in bitcoin and other crypto currency exchanges is due to high profit and not traceable, that is why their is more hacking in this field. you can hack the individual users with giving all sort of greedy offers that they fall for it and get hacked and lose their crypto currency and other important datas.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Ladyga on January 04, 2019, 06:48:58 PM
developers often incorrectly assume that the words "crypto" and "blockchain" mean security by default. "Due attention is paid neither to the quality of the code nor to the network architecture — and they can be vulnerable. Special attention should be paid to the security of smart contracts. And here they often rely on the security of the blockchain structure, losing sight of the unsafe use of pseudo-random number generators, using data from the main Bitcoin network or similar currencies as a source of random value


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: deppil on January 05, 2019, 01:25:23 AM
Hackers always want to find a bug and stealing our coin. Hackers stealing cryptocurrency because crypto still unregulated and untraceable. Its more easier for hacker to liquidating crypto than hacking banks account
First why there are still many cases of hacking. because many people on the internet have the intention of working to steal. of course they will always look for ways to steal and hack someone's wallet, someone's site, and many others of course to get financial benefits
People like that will never end to get a way to earn money instantly, because it is already planted on their brain. But we can defend ourself, at least keep secure our assets, that is a lot of ways to do it.
Thats why there are proverbs. everyone when they have the opportunity to steal, it is very possible they do it. no offense. and in crypto and online itself there are many ways to steal thats why there are many opportunities. but you right there are still many ways to secure it


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: mariah.sadio on January 05, 2019, 01:47:00 AM
Hacking accounts from crypto wallets are very dangerous. So all those who hodl, please be mindful about whom and where we will be giving our confidential information, we also have to enable 2 factor authentication as long as it is possible for us to activate it.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Malam90 on January 05, 2019, 02:42:53 AM
Hacking is not only concerned with Crypto or digital currencies but also with fiat currencies. We know some hackers hacked Bangladesh Bank. Hackers hacked and stole more than $80M. It is not safe for both crypto and fiat or any online websites from hack. This the link of Aljajera new of hacking of Bangladesh Bank= https://www.aljazeera.com/programmes/101east/2018/05/hacked-bangladesh-bank-heist-180523070038069.html


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Periodik on January 05, 2019, 03:32:55 AM
Bitcoin to be exact has never been hacked. Although of course various wallets have been hacked so whatever they contain should have been taken by the hackers, that includes of course Bitcoin. Crypto hacking is widespread but that is going to be expected because there is so much wealth in there than somewhere else. The hackers must also be choosing which one is going to be worth hacking and a bit easier to escape from. That includes individual wallets. That is why extra care should be given in saving private keys and PINs.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: romero121 on January 05, 2019, 03:39:07 AM
Whenever there is something good, always it'll have something bad. It is good to make ourselves secure with the atmost security features available. Even after this hacking happens which is due to errors that exist after the project has come to the usage. For this continued development process is the only possibility to minimize hacks. With cryptocurrency and bitcoin it is high, because each and every activity related to this happens through internet.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: PlusOne88 on January 05, 2019, 06:27:19 AM
Money is always a good target for people who want it badly. Since you don't have to forcefully or physically get into somebody else's house, so they turned into hacking using the internet which is for them the safest way of getting money from others. Which is not good and really needs to be stopped. It is not only that they are focused on cryptocurrency, almost everything for as long as it is related to money, hackers would always find ways to get into it no matter what. This is the reality and we need to be always alert on things we often do especially if involves internet connectivity.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: CryptoPressAssociation on January 05, 2019, 07:51:28 AM
At the root of most large hacks, most are not aware of who the blame should actually fall on - stupid employees at exchanges. 

Quote
... exchanges are falling for old, simple scams leading to massive amounts of stolen funds - you have to wonder if they'd even admit it if the suspect was actually a 14 year old wanna-be hacker.  A quick way to distract the public from where they went wrong, would be to switch the conversation to the hot topic of North Korea.  Remember, it's in-part these exchanges "internal investigations" coming to these conclusions.

But the fact is, blame here falls directly on these exchanges which clearly have employees with high levels of access, and low security training.

More: https://www.globalcryptopress.com/2018/10/cryptocurrency-exchanges-quick-to-shift.html

Like, disturbingly stupid.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: bitbunnny on January 05, 2019, 08:09:31 AM
Hackers are looking for the money. Cryptocurrencies are good target because very often they remain unprotected. As well as some exchanges. By that I mean mostly on personal wallets and online wallets who could be especialy vulnerable. People are not as careful as they should be anf often don't protect their coins. And we are all aware that people are the weekest chain always making mistakes.
Also, by hacking cryptocurrencies hackers get the money that is easier to hide traces than when you steel physical money. For hacker internet is like playground with endless possibilities to get the money and they are using every opportunity.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: lutfi-hasan on January 05, 2019, 09:40:09 AM

Because Bitcoin is very high value at this time, so hackers are always trying to get Bitcoin and other Cryptocurrency, because if we are not careful in this digital world, then we will be the target of hackers. So we must protect our assets with double protection.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Janation on January 05, 2019, 09:56:18 AM

Because Bitcoin is very high value at this time, so hackers are always trying to get Bitcoin and other Cryptocurrency, because if we are not careful in this digital world, then we will be the target of hackers. So we must protect our assets with double protection.


Some new investors or people might misunderstand your post.

You see, Bitcoin and other cryptocurrency can't be hacked. It might be in the future, I don't know if you already knew this but Bitcoin in the past was hacked but it is quickly recovered and after that it is not been hacked again. Though Gambling sites, exchanges and some online wallets can be hacked so you need to be careful where you put your cryptocurrencies.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: Nekroser on January 05, 2019, 12:54:16 PM

Because Bitcoin is very high value at this time, so hackers are always trying to get Bitcoin and other Cryptocurrency, because if we are not careful in this digital world, then we will be the target of hackers. So we must protect our assets with double protection.

Not only is the price attractive, but so many people neglect the safety rules. If all Bitcoin owners (and other cryptocurrencies) followed simple security rules, then no one would have hacked anyone. These would be isolated cases. But as long as there are people who are too lazy or not care about the safety of their funds, until then hackers will live and hack them.


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: incomefromcoins on January 05, 2019, 02:20:44 PM
it is nt bitcoin or cryptocurrency get hack it is cryptocurrency wallets are getting hack every wallet should have strong server configuration and users should also keep google authenticator app then they can be protected


Title: Re: Why is bitcoin and crypto currency ALWAYS getting hacked??
Post by: pant-79 on January 06, 2019, 02:34:36 PM
Of course, hackers will always try to crack exchanges and wallets if this is possible for them. Some developers should be much smarter and better at testing their product before allowing people to use it.
It should also be noted that in most cases the users of the wallets themselves are to blame for the fact that their accounts are hacked. They are casual about security.

P.S.: bitcoin has never been hacked.