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Bitcoin => Bitcoin Discussion => Topic started by: tleilaxu_eyes on June 23, 2019, 07:02:07 AM



Title: Attack on Bitcoin
Post by: tleilaxu_eyes on June 23, 2019, 07:02:07 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.


Title: Re: Attack on Bitcoin
Post by: Jet Cash on June 23, 2019, 07:37:45 AM
You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.


Title: Re: Attack on Bitcoin
Post by: bigatenz on June 23, 2019, 07:51:36 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Like 51% attack? can you elaborate what kind of attack that you talking about that they preparing against Bitcoin. If that is an another threat by Craig Wright is pretty not alarming that guy have pure word but lacking of an action ;D


Title: Re: Attack on Bitcoin
Post by: CryptoBry on June 23, 2019, 08:21:02 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Are you talking here of the supercomputers that can cracked bitcoin codes or something like that? Admittedly, I am not a technical guy but I read somewhere about this possibility. However, you can just be joking spreading baseless FUDS to scare people away from bitcoin so it can slowdown its growth trajectory for the moment and for that I must say this: nice try but never mind. A real attacker will never telegraph his moves but will keep things on tight secrets.


Title: Re: Attack on Bitcoin
Post by: freedomgo on June 23, 2019, 08:29:09 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

This is not possible, why would they do that now if they have a chance to do in the past, and I just think it's impossible to attack bitcoin as its been here for years and no compromise has happen. In fact as it continues to operate the same system it is, it makes more people trust it, that attack is very big and would destroy the future of bitcoin, I just don't see it happening, bitcoin is a digital gold and we would not reach this big if there's a big vulnerability on the network.


Title: Re: Attack on Bitcoin
Post by: figmentofmyass on June 23, 2019, 08:31:53 AM
You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.

that's not really an "attack" at all, just a continuation of the current distribution of wealth. bitcoin wasn't really meant to solve that problem. as much as bitcoin is meant for "being your own bank" it's still compatible with traditional banking. the exchanges of today already operate as banks.

Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

who, CSW and company? i hope they have fun wasting millions and millions of dollars and gaining nothing. good luck to them.


Title: Re: Attack on Bitcoin
Post by: klaaas on June 23, 2019, 08:48:04 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
No need to fear that. They can join the mining army and mine along without doing any damage. What kind of attack are you fearing ?


Title: Re: Attack on Bitcoin
Post by: maldini on June 23, 2019, 08:50:30 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

What kind of attack do you mean? many types of attacks in the cyber world. And where do you know that an attack will occur on Bitcoin? so far bitcoin is safe and it's been 10 years. Indeed, we know that attacks can occur at any time, but where can you deduce your argument?
If indeed there will be an attack why not? why now? strange


Title: Re: Attack on Bitcoin
Post by: NeuroticFish on June 23, 2019, 08:50:52 AM
who, CSW and company?

I don't think so. However, others (including Shelby/iamnotback) are preaching this too, but the timeframe is different.
Something about something in SegWit. However, it's too long/diluted, I cannot follow it, but whatever it is, if it's serious and real, I guess that's already fixed or in progress to get fixed.


Title: Re: Attack on Bitcoin
Post by: Haunebu on June 23, 2019, 11:13:21 AM
Can you tell me when BTC will reach $50K too? You seem to know what will happen in the future which is why I can use your help in placing some big bets and we could split the profits evenly.

What do you say op? This entire topic is hilarious.  My advice for you is to be happy that BTC has breached the $10K mark finally and stop spreading FUD like all the other useless FUDsters in this forum.


Title: Re: Attack on Bitcoin
Post by: partysaurus on June 23, 2019, 11:17:44 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.


and where did you hear this? or is it just some speculation from your part? not heard about this before.


Title: Re: Attack on Bitcoin
Post by: muratsink on June 23, 2019, 11:18:52 AM
I agree with you, attacks on BTC always come all the time, we must be careful, because every attack will affect the volatility of BTC on the market.  especially today, BTC is in a condition of recovery.  I'm afraid BTC will fall dramatically again.


Title: Re: Attack on Bitcoin
Post by: Ridwan Fauzi on June 23, 2019, 11:57:52 AM
I agree with you, attacks on BTC always come all the time, we must be careful, because every attack will affect the volatility of BTC on the market.  especially today, BTC is in a condition of recovery.  I'm afraid BTC will fall dramatically again.
When you say 'always' then you should be wonted to face that thing. Everything can be happened, but about volatility price we always find it everydays. Don't you think volatility price will make you get profit? You can set buy and sell when it happens. Currently bitcoin price condition is good and still showing it will be up again. This is pointed out there are many users who trust to bitcoin again and make a choice to invest a lot of money on it. So, I'll predict the fall dramtically in bitcoin price will not happened at this time, but bitcoin price will find another an ATH again and if the new ATH has been found the its price will crash again.


Title: Re: Attack on Bitcoin
Post by: Eraldo Coil on June 23, 2019, 01:57:04 PM
I think people must also prepare for this kinds of things. But I still trust the people who are responsible in protecting us in this kinds of attacks. But I also want to know where you were able to gather this information about the attack. Though it not really sure when because things like this can happen anytime here.


Title: Re: Attack on Bitcoin
Post by: RodeoX on June 23, 2019, 02:12:44 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Since bitcoin is the largest distributed network on Earth, they must be operating from another planet.  ::)


Title: Re: Attack on Bitcoin
Post by: Rufsilf on June 23, 2019, 02:17:15 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

This is not possible, why would they do that now if they have a chance to do in the past, and I just think it's impossible to attack bitcoin as its been here for years and no compromise has happen. In fact as it continues to operate the same system it is, it makes more people trust it, that attack is very big and would destroy the future of bitcoin, I just don't see it happening, bitcoin is a digital gold and we would not reach this big if there's a big vulnerability on the network.

Exactly, if they really wanted bitcoin to be destroyed then they should have attacked bitcoin when it just started because if they will try to attack bitcoin now then it would be very difficult to destroy knowing that a lot has been vouching for bitcoin now.


Title: Re: Attack on Bitcoin
Post by: Ranly123 on June 23, 2019, 02:28:53 PM
You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.

That's right, since Bitcoin is not an institution that can easily be hacked. It is a currency and whoever do an attack to it should start from banks or the whales to control it's momentum.


Title: Re: Attack on Bitcoin
Post by: rdbase on June 23, 2019, 02:38:55 PM
Bitcoin and the blockchain it resides on are prevy to such attacks.
They are resilient and do not become non functioning all the sudden like many make out this could happen. :-X


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 23, 2019, 02:44:15 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Are you talking here of the supercomputers that can cracked bitcoin codes or something like that? Admittedly, I am not a technical guy but I read somewhere about this possibility. However, you can just be joking spreading baseless FUDS to scare people away from bitcoin so it can slowdown its growth trajectory for the moment and for that I must say this: nice try but never mind. A real attacker will never telegraph his moves but will keep things on tight secrets.

Maybe it's quantum computers arriving ahead of schedule? https://bitcoin.stackexchange.com/a/11522


Title: Re: Attack on Bitcoin
Post by: bernarde on June 23, 2019, 02:52:05 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
What is the source of this? Anyways, even if it is true, they need 51 percent of all miners. Since most miners are in China or Chinese in origin, I assume this attack will be carried out or will be supported/organized by China.
Could be something against US trading war or upcoming sanctions.
Speculate more?


Title: Re: Attack on Bitcoin
Post by: spadormie on June 23, 2019, 03:01:33 PM
Can you elaborate this? Is this another FUD or what? I appreciate your concern to us but seemingly you can't back this with additional information. So this might be considered a fud. 


Title: Re: Attack on Bitcoin
Post by: betty11 on June 23, 2019, 03:03:11 PM
No one is going to attack the bitcoin network, if they attempt it, they will end in huge losses and will probably cost trillions of dollars and at the end, they will end up been unsuccessful. Please tell them to use the money and energy to buy more bitcoin before it goes out of their reach.


Title: Re: Attack on Bitcoin
Post by: Om.monata on June 23, 2019, 04:47:27 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
are you talking about an attack on bitcoin? what do you mean is a bitcoin dump, I don't understand the real meaning maybe if bitcoin is having an attack I think bitcoin will be able to grow back because bitcoin is a coin that is resistant to any attack.


Title: Re: Attack on Bitcoin
Post by: CasinoAdrenaline.com on June 23, 2019, 04:55:04 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Can you elaborate this?   ???


Title: Re: Attack on Bitcoin
Post by: leonair on June 23, 2019, 05:01:57 PM
"Somewhere" really!? so you don't have any reference with your post and just tell us that there will be an attack on Bitcoin  :o

Anyone can make false accusation and I think you are one of them. How I wish that someone must breach Bitcoin so the world can witness how it's done. And to tell you, 'Bitcoin' is different from 'cryptocurrency market', so if someone will attack it then why only on the next big pump? they can do it before when Bitcoin reached its all time high.


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 23, 2019, 07:39:08 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
are you talking about an attack on bitcoin? what do you mean is a bitcoin dump, I don't understand the real meaning maybe if bitcoin is having an attack I think bitcoin will be able to grow back because bitcoin is a coin that is resistant to any attack.

Those who are convinced their defenses are impenetrable are the ones who fall first.


Title: Re: Attack on Bitcoin
Post by: Payme21 on June 23, 2019, 09:34:41 PM
Not really sure the type of attack you mean. More details would have helped but I really do not think someone or a group of people can carry out an attack that will jeopardize the the continued usage of bitcoin


Title: Re: Attack on Bitcoin
Post by: pixie85 on June 23, 2019, 09:47:14 PM
Not really sure the type of attack you mean. More details would have helped but I really do not think someone or a group of people can carry out an attack that will jeopardize the the continued usage of bitcoin

He's trying to spread FUD. What proof do you have that it will happen? How did you come by that knowledge? Are you sharing your gut feeling with us? :D

If it's Craig or Roger we can sleep well because these two clowns couldn't launch a successful attack on each other. Bitcoin is far beyond their reach.


Title: Re: Attack on Bitcoin
Post by: 1Referee on June 23, 2019, 09:53:49 PM
Can you elaborate this? Is this another FUD or what? I appreciate your concern to us but seemingly you can't back this with additional information. So this might be considered a fud. 

Don't pay attention to these suckers. It must sting seeing the price go up and for that reason they do their best to get you to panic sell. Spreading fud here has no effect on the price at all, just like how thousands of moonboys here were spreading bull run nonsense back in 2018 didn't have an effect on the price. It's literally a waste of time and effort.

It might also be a sore altcoin losers because the BTC ratio of altcoins has gone down by 50% on average this year.


Title: Re: Attack on Bitcoin
Post by: rodel caling on June 23, 2019, 10:06:20 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.


I am very curyfor this who is that group possible want to attack miners a giant whales to manipulate the bitcoin this time of price strong,y increase in the coin market. I think nobody can destroy this recent price hyoe of bitcoin, it's better to stay calm and relax and let's enjoy this moment of success of bitcoin.


Title: Re: Attack on Bitcoin
Post by: seoincorporation on June 23, 2019, 10:10:44 PM
You need to argue more with news like this, you can't just say someone will attack btc someday... is just nonsense.

If they will use their hardware power i think that's not enough to break bitcoin, if they will try some kind of brute force that will not work, so, next time at least give us a source.


Title: Re: Attack on Bitcoin
Post by: serjent05 on June 23, 2019, 10:31:45 PM
Maybe it's quantum computers arriving ahead of schedule? https://bitcoin.stackexchange.com/a/11522

I think this is far from happening.  Bitcoin security codes would have been improved before even this machine is created.  As the computer hashing power inceases, security and other stuff also improve.  I bet developers will be able to create a new patches for better Bitcoin security to counter this kind of threat.

There had been  a news that quantum computers are being commercialized but I believe it is far from the one the Bitcoin community fears.


Title: Re: Attack on Bitcoin
Post by: carrigan on June 23, 2019, 10:37:46 PM
When the price of Bitcoin is coming up, there may be more attacks will come up, too. In this case, what we must ignore is only following the hype of this bullrun signal. Not all people know that this is real or only one of the strategies by the whales. However, so far it is still okay. We must wait and watch while involved in this Bitcoin market.


Title: Re: Attack on Bitcoin
Post by: FlightyPouch on June 23, 2019, 11:13:51 PM
Seeing the title I thought these "attackers" will be having a huge amount of bitcoin and they are planning to sell them in the upcoming pump so the price will plummet down, but this is not it. I think if this is not quantum computers, then we have no problem since as far as I know the only type of computer that is a threat to btc is still not invented which is the quantum computer.


Title: Re: Attack on Bitcoin
Post by: RomanPetrush on June 23, 2019, 11:55:23 PM
Haha its not possible to hack the programm of bitcoin. There is super rules for btc made by great programmers.


Title: Re: Attack on Bitcoin
Post by: Moiyah on June 24, 2019, 01:20:21 AM
Can you tell me when BTC will reach $50K too? You seem to know what will happen in the future which is why I can use your help in placing some big bets and we could split the profits evenly.

Lol. He seems to know everything that will happen to bitcoin. Seems vague for me. How can this group attack btc through computing power. I can't really imagine how this group will destroy btc. It is nonetheless a nonsense talk. I would believe if some group of whales will gonna control the market by pumping and dumping the price. But attacking btc? Well, how? It would be better if OP explain it further.


Title: Re: Attack on Bitcoin
Post by: erikoy on June 24, 2019, 01:53:27 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Wow, having bitcoin network seems I could not think that the network will be damage as we all know that bitcoin network are using supercomputers that could even accomodate high or heavy transactions. If you mean that bitcoin could go higher because of these possible pump then it will be possible as the system will automatically adjust its market price whenever there are large buys for bitcoin.


Title: Re: Attack on Bitcoin
Post by: goaldigger on June 24, 2019, 02:28:25 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Is this another flowery words to manipulate newbies?. I dont know how can they do that. As per what you said, the purpose is to destroy or do other negative things in BTC. You can only manipulate it by buying or selling on a very large amount or maybe mining all the coins. How do you get this tip anyway?


Title: Re: Attack on Bitcoin
Post by: ttcsalam on June 24, 2019, 02:42:10 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
I think it will not be possible. Many of the biggest hackers in the past have not been successful. But they did not succeed. And I think Bitcoin is being managed properly. Many big hackers are involved in this. So it will not be possible. I believe that. Then we have to be careful.


Title: Re: Attack on Bitcoin
Post by: Distinctin on June 24, 2019, 03:42:49 AM
Can you elaborate this? Is this another FUD or what? I appreciate your concern to us but seemingly you can't back this with additional information. So this might be considered a fud. 

You will only consider it FUD when there's a chance of it happening, but OP is giving us a scenario where it's almost impossible to happen.
I am not a techy one who really understands well how the system works, like the technical one, but I really believe nothing will happen with bitcoin as this would affect big money from investors, and just a simple logic I'd like to believe, big investors would not trust bitcoin if it can be breach.


Title: Re: Attack on Bitcoin
Post by: rafajunior99 on June 24, 2019, 04:44:54 AM
I believe that we all need to understand that technologies are evolving and that Bitcoin will continue to continue.  Everyone wants to break it and get it.

Maybe you are right for that to remain vigilant, but to solve it, you must continue to think hard, because I believe there will never be an accurate attack on Bitcoin, and that happened from the past until now Bitcoin remains safe and continues to grow.


Title: Re: Attack on Bitcoin
Post by: Japinat on June 24, 2019, 05:07:17 AM
I believe that we all need to understand that technologies are evolving and that Bitcoin will continue to continue.  Everyone wants to break it and get it.

Maybe you are right for that to remain vigilant, but to solve it, you must continue to think hard, because I believe there will never be an accurate attack on Bitcoin, and that happened from the past until now Bitcoin remains safe and continues to grow.

Correct, bitcoin is still bitcoin after many years, anyone who speak of attacking the network has to better do it in action rather than talking without sense.
What we read from OP was not a FUD, as it will never make anyone panic due to the fact that we all trust how safe the bitcoin network is.


Title: Re: Attack on Bitcoin
Post by: cipherhut on June 24, 2019, 05:23:23 AM
I am just aware of the 51% attack if you are talking about other than that then can you please elaborate what kind of attack you are speaking about as I am quite new and unaware about this kind of attack.


Title: Re: Attack on Bitcoin
Post by: slaman29 on June 24, 2019, 05:26:02 AM
I don't get it. If an attack fails, why would the network be severely damaged? Or are we not talking about a 51% attack here? Because I don't see how you could take down the network without doing 51%, and that doesn't actually damage any nodes at all. How long do you think before people recognize the bad guys and reorganize anyway? OP doesn't even dare use a proper account to make this claim.


Title: Re: Attack on Bitcoin
Post by: Herbert2020 on June 24, 2019, 06:02:07 AM
you are either trying to spread FUD because you missed the rise and regretting it or you are very new to bitcoin despite the age of your account. bitcoin has been under attack for nearly as long as it has existed. there is no "attack coming" the attacks has been happening all along! and nearly every day. from newbies trying to brute force private keys to big operations spending millions of dollars to spam attack bitcoin, and all different types of attacks against it.

and each attack has only made bitcoin stronger...


Title: Re: Attack on Bitcoin
Post by: dmty.0809 on June 24, 2019, 06:29:33 AM
Attack to make prices down or increase volume? Maybe the popes are preparing funds to shoot bitcoin, and automatically the volume will increase, the value of bitcoin will also increase. That's my positive thought.


Title: Re: Attack on Bitcoin
Post by: umbara ardian on June 24, 2019, 07:16:22 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Look like these group have human power and knowledge to attacking bitcoin. I have solution for those group have smart brain and knowledge to make time machine/ time traveler and going back 2009 year bought all bitcoin and mined all of them.
bump they become richer now


Title: Re: Attack on Bitcoin
Post by: TheBeardedBaby on June 24, 2019, 07:24:24 AM
I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.


Title: Re: Attack on Bitcoin
Post by: b3llsf1l3s on June 24, 2019, 07:27:12 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Your posts should be justified. If indeed you believe this will happen, at least there are links or information such as screenahot or anything that supports authentication of the statements you provide. If not, I guess you just want the bitcoin to go down in price and take the price below.


Title: Re: Attack on Bitcoin
Post by: Pursuer on June 24, 2019, 07:32:12 AM
I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.

OP disappears because he doesn't have to do anything else. he puts the FUD up and then for a couple of days (in this case 24 hours) people keep his FUD on top of this board as is with this case so he achieves his goals of spreading it.


Title: Re: Attack on Bitcoin
Post by: serjent05 on June 24, 2019, 12:57:19 PM
Can you tell me when BTC will reach $50K too? You seem to know what will happen in the future which is why I can use your help in placing some big bets and we could split the profits evenly.

Lol. He seems to know everything that will happen to bitcoin. Seems vague for me. How can this group attack btc through computing power. I can't really imagine how this group will destroy btc. It is nonetheless a nonsense talk. I would believe if some group of whales will gonna control the market by pumping and dumping the price. But attacking btc? Well, how? It would be better if OP explain it further.

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.

Probably he realized that people around this forum is knowlodgeable enough to counter his possible cases and arguments.  So he decided to keep quiet.


Title: Re: Attack on Bitcoin
Post by: BlackFor3st on June 24, 2019, 01:23:06 PM
Do you have a link of this information so we can at least verify if your information is correct or not as it is a very big problem if this kind of situation will occur.

But if this kind of attack will occur in the future, I am pretty sure that the team behind the bitcoin and other currencies will take an action to avoid this kind of happening to happen. 


Title: Re: Attack on Bitcoin
Post by: izanagi narukami on June 24, 2019, 01:26:48 PM
It's will difficult to be done but when something are created by human , it has be the weakness or any exploit point.
Yes, it's a matter of time !

So when you can enjoy this time, you need to maximize it as much as possible


Title: Re: Attack on Bitcoin
Post by: @Nespejau on June 24, 2019, 07:05:53 PM
Hackers are guessing private keys 🔑🤔


Title: Re: Attack on Bitcoin
Post by: serjent05 on June 24, 2019, 10:14:06 PM
Hackers are guessing private keys 🔑🤔

No, they are trying to bruteforce it,

Typically password hacking involves a hacker brute forcing their way into a website admin panel (or login page for example) and bombarding the server with millions of variations to enter the system. That requires CPU.

Process is done to find the combination that matches the privatekey of a given public address.  But with CPU alone it will take lots of time to break the privatekey of a given BTC address.  You can find this article interesting : https://bitcoin.stackexchange.com/questions/2847/how-long-would-it-take-a-large-computer-to-crack-a-private-key


Title: Re: Attack on Bitcoin
Post by: Artemis3 on June 24, 2019, 10:39:15 PM
Maybe it's quantum computers arriving ahead of schedule? https://bitcoin.stackexchange.com/a/11522

Which Bitcoin is already resistant to when using addresses a single time only, and a soft fork is proposed and ready to even further it.


Title: Re: Attack on Bitcoin
Post by: shinharu10282016 on June 24, 2019, 11:27:46 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Any reliable source of this info? What can you say about the extent of damage it will cost? And how are you so sure they are going to have an exponentially large advantage of computing power? If there is a legit source, then it can be real. Otherwise, just another FUD here.


Title: Re: Attack on Bitcoin
Post by: mystbak on June 25, 2019, 02:32:39 AM

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 25, 2019, 04:08:32 AM

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.


Title: Re: Attack on Bitcoin
Post by: shesheboy on June 25, 2019, 04:23:12 AM

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.

governments are powerful . they have lots of cash and they can order ready made quantom computers but i dont think that these computers can attack bitcoin via public address  . btw is this some kind of a brutforce ?   , if yes then they must need some part of the private key or some parts of the users passwords before they can attempt to crack it  .


Title: Re: Attack on Bitcoin
Post by: Caladonian on June 25, 2019, 04:36:05 AM

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.

governments are powerful . they have lots of cash and they can order ready made quantom computers but i dont think that these computers can attack bitcoin via public address  . btw is this some kind of a brutforce ?   , if yes then they must need some part of the private key or some parts of the users passwords before they can attempt to crack it  .
If the government will seriously take part of this they can make it happen, they have all the resources and capabilities so it's better to every bitcoiners
to be well aware on their actions, it's very important to keep being updated and to keep checking the possibilities or how the government is working with this concern.


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 25, 2019, 11:39:14 PM

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.

governments are powerful . they have lots of cash and they can order ready made quantom computers but i dont think that these computers can attack bitcoin via public address  . btw is this some kind of a brutforce ?   , if yes then they must need some part of the private key or some parts of the users passwords before they can attempt to crack it  .
If the government will seriously take part of this they can make it happen, they have all the resources and capabilities so it's better to every bitcoiners
to be well aware on their actions, it's very important to keep being updated and to keep checking the possibilities or how the government is working with this concern.

If Trump is on board with it, chances are every other global power is as well - https://www.govtrack.us/congress/bills/115/hr6227

What can't the Treasury print more of? You guessed it, Bitcoin.


Title: Re: Attack on Bitcoin
Post by: cryptoblazter on June 26, 2019, 12:56:46 AM
You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 28, 2019, 03:10:36 AM
You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.

That's always happening and isn't BTC specific.


Title: Re: Attack on Bitcoin
Post by: DPrillio on June 28, 2019, 08:00:02 AM
You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.
Hackers is always a threat of crypto security but on this current situation that the rise of bitcoin is subjected to be hack maybe its only an assumption and nothing is proven true and that is a kind of a fud to destroy crypto currency to frighten the investors and make unnecessary dump, so we should be vigilant on all our moves in crypto market.


Title: Re: Attack on Bitcoin
Post by: bitbunnny on June 28, 2019, 08:13:38 AM
You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.

Of course that is an issue and always will be. Hackers are attracted to everything that brings them money, so cryptocurrencies are target too. But governments don't have anything to do with that. I.guess some people just can't live without conspiracy theories and every time when the price drop is either whales or governments to blame.


Title: Re: Attack on Bitcoin
Post by: btc78 on June 28, 2019, 08:26:16 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Is this attack came from your dream?or from somewhere who passes hearsay’s?why not put some links or proof here so we can find this truthful ?though after the big pump of almost $14,000 now we are dropping bad again.but this is not enough reason to think or justify what you are imposing here

You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.

That's always happening and isn't BTC specific.
Yeah nothings new.most of the big exchangers hacking happen when the prices are pumping or in bull market


Title: Re: Attack on Bitcoin
Post by: Lily_Olive on June 28, 2019, 08:59:46 AM
I agree with you that bitcoin attack will be happening at any time.. so we all just be careful  from these attacks.. there are some possibility  that  it will effect on bitcoin prices..


Title: Re: Attack on Bitcoin
Post by: Reatim on June 28, 2019, 09:24:34 AM
At least this is not ISIS right mate? 😂🤪😂

Kidding aside ,same issues comes out every time market turns bull and the attack is not just calming from bad elements yet from the people of crypto itself.they spread topic that can bring bad impact in the market ,and they are the reason why prices got drop,


Title: Re: Attack on Bitcoin
Post by: Oceat on June 28, 2019, 02:50:58 PM
At least this is not ISIS right mate? 😂🤪😂

Kidding aside ,same issues comes out every time market turns bull and the attack is not just calming from bad elements yet from the people of crypto itself.they spread topic that can bring bad impact in the market ,and they are the reason why prices got drop,
It's nothing new anyway since every time there is a bull run there will always be some FUDs that will try to flush the weak hands. All we have to do is to give some bits of advice to those newbies who are just starting to make some profit in this crypto world. It's not that bad to let them feel secured because some of them aren't that wise enough to notice the fault for the first time.


Title: Re: Attack on Bitcoin
Post by: KacperBTCrypto on June 28, 2019, 03:02:29 PM
I don't think thats possible.
Bankers may try to destroy btc but that's other topic.


Title: Re: Attack on Bitcoin
Post by: FlightyPouch on June 28, 2019, 03:34:27 PM
You might be pointing out on hackers planning to attack exchanges and other platforms that are holding bitcoins. This attacks really make bitcoin and cryptocurrency less secured as of now. This is a long-time issues that still need to be resolved.

What is that? Bitcoin is "less-secured" now? How can you say that? Because of the hacks that are happening to these exchanges? No! Even if there are a lot of hacks that is happening, bitcoin is not "less-secured" because if that is the case, I don't think we will be seeing the price like this, hackers will just create a lot of btc and sell it and obviously, the price will fall down.


Title: Re: Attack on Bitcoin
Post by: #dhabitamartha on June 28, 2019, 03:34:48 PM
if this is true, we must have a lot of good technology and learn to read the intent and purpose of it all so that we don't lose a lot of digital money if there is a group of bad people we must be careful so that we are not fooled or suspicious of the risks that must be taken once again be careful and understand technology and read your financial rules report things you don't know about your admin and friends.


Title: Re: Attack on Bitcoin
Post by: erikoy on June 28, 2019, 03:37:54 PM
How did you know OP? I was about to get interested with your post as it seems that you can be a good source when it comes to bitcoin market price pump. Yeah it did a market price pump and I was surprise that from 10.7K surging up to 12k + usd. This OP has very interesting knowledge to share with.

Anyway, I will be checking on your post OP and hope to see more updates from you.


Title: Re: Attack on Bitcoin
Post by: Ayiranorea on June 28, 2019, 04:50:42 PM
Attacks in the form of computing power is really an impossible thing to be done with bitcoin. Same as the Mtgox issue there can be some efforts from hackers to breach security and make the network collapse. This scenario will last for short time period as the market these days seems to recover quicker than the past as common public has known better about the market.


Title: Re: Attack on Bitcoin
Post by: klaaas on June 28, 2019, 04:55:00 PM
Attacks in the form of computing power is really an impossible thing to be done with bitcoin. Same as the Mtgox issue there can be some efforts from hackers to breach security and make the network collapse. This scenario will last for short time period as the market these days seems to recover quicker than the past as common public has known better about the market.
Compute power is a network attack where gox was a failed 3rd party service. People are aware it isnt Bitcoin its fault when a exchange got exploited.


Title: Re: Attack on Bitcoin
Post by: Shenzou on June 28, 2019, 05:04:01 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
What you are saying is not an easy thing to do, none can really launch an attack on the bitcoin network it self, and even they will they would need a tremendous amount of computing power, some time ago i read a post on how many computers does it take to mine 1 btc and the answer was 50 billion slandered cups, so imagine how much more to crak the whole network, if there is someone who is able to do such thing is the government and that is in order to take it down and remove its threat on the fiat situation.


Title: Re: Attack on Bitcoin
Post by: RodeoX on June 28, 2019, 07:14:37 PM
Come on folks.

Anyone who entertains a thread like this has failed their I.Q. test.  ::)


Title: Re: Attack on Bitcoin
Post by: oseikuf44 on June 28, 2019, 08:32:52 PM
Since you don't produce a fact or evidence to support your claim I will assume that it is your own opinion. At this stage of Bitcoin development through out the years of passing through rough and hard ways , It is not easy for any group to attach it. 


Title: Re: Attack on Bitcoin
Post by: Irvinn on June 28, 2019, 08:57:28 PM
Today, a lot of negative information is expressed in the address of Bitcoin.  In most cases, this information is unreasonable and has nothing to do with reality.  Over the entire history of Bitcoin, no one doubted his leadership in the cryptocurrency market, and today's results show good prospects for the future.


Title: Re: Attack on Bitcoin
Post by: bright4mech on June 28, 2019, 10:38:06 PM
Bitcoin has been added values base on the current prize, hence many investor and traders are after bitcoin, because of the prospect of the coin and usage.


Title: Re: Attack on Bitcoin
Post by: AmoreJaz on June 28, 2019, 10:45:25 PM
You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.

that's not really an "attack" at all, just a continuation of the current distribution of wealth. bitcoin wasn't really meant to solve that problem. as much as bitcoin is meant for "being your own bank" it's still compatible with traditional banking. the exchanges of today already operate as banks.

Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

who, CSW and company? i hope they have fun wasting millions and millions of dollars and gaining nothing. good luck to them.

Come on folks.

Anyone who entertains a thread like this has failed their I.Q. test.  ::)

just baseless speculation without any solid reference where he got that concept. if there's some truth about what he's saying, he should have at least an article link discussing such possible scenario in the future. in that case, we will know if its pure fud or just an imagination of someone who doesnt know what he's talking about


Title: Re: Attack on Bitcoin
Post by: Rooster101 on June 29, 2019, 03:24:29 AM
What kind of attack might be? Spread virus to stop the bullrun? All these scheming people can do is to hack wallets and exchanges including spreading FUDs and other disinformations to stop the uptrend. Bitcoin has experienced many attacks in the past including a price downtrend that lasted more than a year but it is still manage to go up. This might be a group of individuals with an aim of bringing down the price of bitcoin so they can buy again at a lower price.


Title: Re: Attack on Bitcoin
Post by: michellee on June 29, 2019, 03:35:41 AM
I am curious with what the kind of the attack and if the attack is something that could make bitcoin price to get a pump, then I want to wait that time, and I am sure that many people will do the same too. But that does not make sense if they want to ruin bitcoin reputations because bitcoin already becomes popular and many people already known about bitcoin.


Title: Re: Attack on Bitcoin
Post by: Getmon on June 29, 2019, 04:33:35 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

I was looking into the eyes and realized everything you posted was pure BS.  ;D And it is clear that you are one of them. And that whatever you planned all failed.  ;D

Plus, why would I worry? The pump that is happening right now and the next ones are small pumps. The next big pump is happening in 2028. The group has a lot of time to prepare. Good luck!


Title: Re: Attack on Bitcoin
Post by: bitzizzix on June 29, 2019, 05:59:49 AM
If the attack generates positive things to pump bitcoin there will definitely be a lot of support from everyone and everyone will definitely be waiting for it.
but if the attack is negative to destroy bitcoin it's not easy because many people will protect it strongly.
and there is a lot of bad news about crime plans in bitcoin but so far bitcoin has been well maintained and increasingly popular and strong.


Title: Re: Attack on Bitcoin
Post by: arpon11 on June 29, 2019, 11:28:22 AM
I believe that we all need to understand that technologies are evolving and that Bitcoin will continue to continue.  Everyone wants to break it and get it.
It will be very difficult to break bitcoin in other to control it. If that is possible governments and world powers like the USA and China or even North Korea could have done that since. The world power is fully aware that if there allow bitcoin to keep on existing the more less power they currency will be. Bitcoin is decentralized and that means productions of a super computer in other to control it or create damage to the blockchain technology or Bitcoin is almost impossible. If you want to damage Bitcoin? Get hold of Satoshi and you will get that done only if he agree to do that with you.


Title: Re: Attack on Bitcoin
Post by: valentin68 on June 29, 2019, 11:45:10 AM
This can not happen. The largest Bitcoin mining pool today is BTC.com that has 19% of the hash power. F2Pool is the next pool, with 12.8%.
There is no pool to have 51% Hash Power.  There is no possibility in the next 50 years to come, for a mining pool to have 51% of the total Hash Power.
 When the quantum computers will be invented (in 30 to 50 years from now) this could happen if someone will say that Bitcoin money are no good in this world.


Title: Re: Attack on Bitcoin
Post by: Apes on June 29, 2019, 03:43:26 PM
can it be clarified the type of attack that will be launched, if we know how they attack maybe we can anticipate how to counteract it.
at the moment I consider OP only spread an issue without any proof. however when prices are good as now,  every issue need to be addressed properly.


Title: Re: Attack on Bitcoin
Post by: iamzill on June 29, 2019, 04:03:42 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
is there valid data that can make your statement real. I think right now if there really is a large group, maybe it will only attack the price. the condition of the btc down price will be one of the causes. but I think it won't last long and BTC will still rise again


Title: Re: Attack on Bitcoin
Post by: TheBeardedBaby on June 29, 2019, 04:04:41 PM
Interesting, I reported this thread some time ago for spreading unsupported fud and abandoning the thread to turn it to a Spam Megathread but the Mods decided to let it be like it is and, few days later the situation is the same, just piling up sig spam. :(


Title: Re: Attack on Bitcoin
Post by: exchangestolemycoins on June 30, 2019, 01:51:10 AM
How did you know OP? I was about to get interested with your post as it seems that you can be a good source when it comes to bitcoin market price pump. Yeah it did a market price pump and I was surprise that from 10.7K surging up to 12k + usd. This OP has very interesting knowledge to share with.

Anyway, I will be checking on your post OP and hope to see more updates from you.

They probably don't have anything tangible to share, like photos of a hidden lair or something ridiculous. More like word of mouth, or maybe they're a part of it and whistle blowing :D

anyway, links to an article as a source are rarely credible and usually just click baity type things.


Title: Re: Attack on Bitcoin
Post by: fiulpro on June 30, 2019, 02:40:48 AM
Well that's what happens actually... Not even at full pump , even right now people are always looking for faults in the softwares and somehow they call it *Social engineering *!
Even on sites like Amazon if it even have a bug for like 10 minute it can actually pose a major threat to them , 😂 people who know hacking are like hungry wolves I don't know why would they think about waiting for the coins to hit high , they already know it is going to hit high thus whenever or wherever they see an opportunity they will make a good use of it and then there are things like phishing where even a potential link can create problems for you.


Title: Re: Attack on Bitcoin
Post by: umbara ardian on June 30, 2019, 03:11:12 AM
Today, a lot of negative information is expressed in the address of Bitcoin.  In most cases, this information is unreasonable and has nothing to do with reality.  Over the entire history of Bitcoin, no one doubted his leadership in the cryptocurrency market, and today's results show good prospects for the future.
Yeah, No one can confirm are that information correct or not. before sharing negative news we have to double check it and always research first. negative news can inpact for price of cryptocurrency


Title: Re: Attack on Bitcoin
Post by: Trangtkhd2709 on July 02, 2019, 02:31:02 PM
I think it's impossible, if that happens then I think it has already happened, not waiting until now when it has been around for 10 years. why now?


Title: Re: Attack on Bitcoin
Post by: TheCrimsonFucker on July 03, 2019, 03:54:45 AM
I hope this does not happen soon, the current encryption, has already suffered some damage related to network attacks, this time should be more prepared, even nothing is impossible.  ::)







Title: Re: Attack on Bitcoin
Post by: huanting55 on July 04, 2019, 10:50:28 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
I wonder what kind of attack in question? It seems almost two weeks have passed, but there were no attacks as far as I know.


Title: Re: Attack on Bitcoin
Post by: freedomgo on July 04, 2019, 10:56:11 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
I wonder what kind of attack in question? It seems almost two weeks have passed, but there were no attacks as far as I know.

If you read the OP, you'll know what kind of attack he is talking, but this is just strange because after OP created this thread, he is not online anymore.
A full member account but it was not an active account, maybe he is busy figuring out how to attack the bitcoin network, LOL.


Title: Re: Attack on Bitcoin
Post by: bernarde on July 08, 2019, 08:32:30 AM
Can you elaborate this? Is this another FUD or what? I appreciate your concern to us but seemingly you can't back this with additional information. So this might be considered a fud. 
I have the source right on my post, I quoted it. Anyways, it comes from here:
https://bitcointalk.org/index.php?topic=5157472.msg51569029#msg51569029


Title: Re: Attack on Bitcoin
Post by: Vishnu.Reang on July 08, 2019, 12:14:07 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Are you talking about a 51% attack? That may be possible with some of the little known cryptocurrencies, but not with Bitcoin. For launching a 51% attack on BTC, you need millions of mining rigs and many Gigawatts of electricity. I don't think that all these can be procured on short notice. Is there any evidence of an impending attack? Else, please refrain from spreading FUD here.


Title: Re: Attack on Bitcoin
Post by: diahsw on July 17, 2019, 03:49:07 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

bitcoin cannot be attacked, however, the network and storage location for bitcoin storage and "protected" can be hacked by evil forces. Even though there are guarantees from bitcoin storage companies and currency developers, bitcoin exchanges can and have been hacked. So for that it is very important for you to take certain steps for your own security so that you can avoid any possible losses. There are several security steps, namely
Secure your e-mail account, Secure your social media account, Use unique and strong passwords for all online accounts, and Enable two-factor authentication (two-factor authentication).


Title: Re: Attack on Bitcoin
Post by: zee11225 on July 25, 2019, 07:41:26 AM
If the attack generates positive things to pump bitcoin there will definitely be a lot of support from everyone and everyone will definitely be waiting for it.
but if the attack is negative to destroy bitcoin it's not easy because many people will protect it strongly.
and there is a lot of bad news about crime plans in bitcoin but so far bitcoin has been well maintained and increasingly popular and strong.
The attack on bitcoin is of course a lot that aims to bring down, at least reduce bitcoin enthusiasts. These attacks are often expressed by very influential people such as the president or top businessmen in the world where their opinions often become references in the decision-making of developing countries.
But until now the attack was not a collapse of bitcoin, because the survival of bitcoin is not determined by who it is but is determined by the bitcoin community itself. As long as the bitcoin community is still trading, the bitcoin will not be able to die.


Title: Re: Attack on Bitcoin
Post by: womanwrappa on July 25, 2019, 12:36:13 PM
 ;D ;D ;D ;D ;D ;D

Lmao this is one of the funnist jokes i have read in 2019. attack bitcoion?


Title: Re: Attack on Bitcoin
Post by: princesspoppy on July 25, 2019, 02:20:35 PM
Another attack that will surely fail. There are lots of people attacking and doing so many things to bring down bitcoin includes cracking the blockchain (which never succeeds), spreading FUDS (maybe this post can be considered as one) and manipulating the market (which keeps in recovering). Well, I guess whatever this attack is, it will not succeed to fail bitcoin. 


Title: Re: Attack on Bitcoin
Post by: BitcoinPanther on July 25, 2019, 08:18:02 PM
I think this is not logical if this is true.

1. Why should a attack be declared? The dog that really bites is not the one who barks out loud.

2. On bear season? Oh come on, why would you waste your money buying an extremely expensive sophisticated supercomputer just to attack Bitcoin, I guess it is not worth-it.

3. The percentage to have a successful attack is so low. What if it not successful? All their efforts will be useless.

This is another spreading of FUD attempt.


Title: Re: Attack on Bitcoin
Post by: Vaculin on July 25, 2019, 10:21:48 PM
Another attack that will surely fail. There are lots of people attacking and doing so many things to bring down bitcoin includes cracking the blockchain (which never succeeds), spreading FUDS (maybe this post can be considered as one) and manipulating the market (which keeps in recovering). Well, I guess whatever this attack is, it will not succeed to fail bitcoin. 
Bitcoin has remain firm and strong despite all the attacks tha happened to it way back in the previous years. But instead of ruining bitcoin, it has even helped to be more famous not just in one country but to a few big countries. Now a new attack has been said again, let's just wait and see if it can really destroy bitcoin who has been here for ten years long.


Title: Re: Attack on Bitcoin
Post by: Nanagyasi on July 25, 2019, 10:28:24 PM
What is actually the basis of your statement. Are you just suggesting or you are speaking based on available evidence. In any case, I do not think anything like that is happening or will even happen


Title: Re: Attack on Bitcoin
Post by: diahsw on July 26, 2019, 04:26:14 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.


Bitcoin is not owned by the public or private organization. Actually, it was not approved by anyone. Cryptocurrency was created by Satoshi Nakamoto - a pseudonym representing anonymous people or groups - who first published a 'white book' that explained the basics of Bitcoin and how it should be applied, like what leads to work, is strong, decentralized and distributed like today. It also created the crypto florescent market, where cryptocurrency coexist, applying the same or slightly different version of Bitcoin technology, each trying to find a place and support. This is something new a system provided to revolutionize the worldwide financial system that is not supported by government or large institutions, is actually made by a handful of people and validated by many people. How to control negative protection such as government censorship? Bitcoin cannot be faked, forged or duplicated under attack


Title: Re: Attack on Bitcoin
Post by: Dreamchaser21 on July 26, 2019, 04:53:00 AM
I hope this does not happen soon, the current encryption, has already suffered some damage related to network attacks, this time should be more prepared, even nothing is impossible.  ::)

Bitcoin prices will not be easy to move, there must be good news and a trigger to be able to make bitcoin prices rise because the price of bitcoin can have a movement when there is increased demand.
This attack is possible, we saw the recent pump for no reason and after a day it drops again. I also believe that group of people are here not to ruin bitcoin but to create more money through bitcoin, they can do it any time for sure. We have to protect our own wallet, that’s the least we can do if ever something happen just don’t panic.


Title: Re: Attack on Bitcoin
Post by: CBANX3 on July 26, 2019, 10:21:07 AM
There is a list of attacks on the Bitcoin since its birth but still has sustained till date. Bitcoin is the only ruling cryptocurrency in the market from then to now.


Title: Re: Attack on Bitcoin
Post by: valentin68 on July 26, 2019, 10:45:12 AM
This will not happen. To have sufficient computing power (to make a 51% attack) there are necessary quantum computers having sufficient power.  This (quantum computers having sufficient power) will happen in 10 to 20 years from now.

Then to attack the bitcoin network it could be attacking the money of 5% to 10% of the world population. Would you do this? I would not do this.

What they will have to gain? If  this would happen, this would simply destroy the money of 10% of the people in this world.  


Title: Re: Attack on Bitcoin
Post by: Nnuego on July 26, 2019, 03:10:24 PM
Who are those planning such attack on bitcoin. Let them review what will happen than blabbing from afar. Bitcoin has come to stay and no attack render to it that it can't scale through


Title: Re: Attack on Bitcoin
Post by: Wolfwar on July 26, 2019, 09:46:22 PM
I think that attempts to crack a Bitcoin network happen often, but none of them was successful. This is due to the peculiarity of the blockchain network and the fact that Bitcoin is the only cryptocurrency at the moment that is truly decentralized.

I do not think that this will happen, because even using all the technical resources of the world, hackers will need more than one life to crack Bitcoin.  But even if theoretically this happens, then in the entire cryptocurrency market you will need to put up a cross and forget about all of your assets.


Title: Re: Attack on Bitcoin
Post by: 42K on July 26, 2019, 10:55:55 PM
I think the attack on bitcoin isn't something new. Threats have been coming here and there on bitcoin but none.hasn't been successful because of the peculiarity and nature of bitcoin. However, that doesn't mean the threats have ceased. I think its time cryptocurrency in general tightens it's security and work hard towards achieving that.


Title: Re: Attack on Bitcoin
Post by: Fundamentals Of on July 27, 2019, 03:16:27 AM
I think the attack on bitcoin isn't something new. Threats have been coming here and there on bitcoin but none.hasn't been successful because of the peculiarity and nature of bitcoin. However, that doesn't mean the threats have ceased. I think its time cryptocurrency in general tightens it's security and work hard towards achieving that.
A lot of attacks have happened even in the previous years but still bitcoin has remained strong. So this attack is just the same before, not going to break bitcoin either. But still bitcoin should be develop more so that the community here will continue to support it.

The outside world should learn to develop themselves to cope up with the fast advancement of technology. Bitcoin is already making advanced steps. The world outside is slow, they are left behind. And now they are attacking Bitcoin because it is strange and untimely to them? And now another round of attack is coming? I say let them come. The community of supporters behind Bitcoin is more solid and larger now. And if they survived strong attacks in the past with a very small community, how much nowadays when it has already the backing of individuals and institutions?


Title: Re: Attack on Bitcoin
Post by: gabbie2010 on July 27, 2019, 03:56:28 AM
This will not happen. To have sufficient computing power (to make a 51% attack) there are necessary quantum computers having sufficient power.  This (quantum computers having sufficient power) will happen in 10 to 20 years from now.

Then to attack the bitcoin network it could be attacking the money of 5% to 10% of the world population. Would you do this? I would not do this.

What they will have to gain? If  this would happen, this would simply destroy the money of 10% of the people in this world.  
The is a lot of advancement in quantum computing I am quite sure someday they will probably deploy this technology to hack, attack bitcoin blockchain to prove the efficacy of their breakthrough, well I can predict the possible outcome I knew for now blockhain is unhackable and secured I believed this feature will remain intact for irrespective of any attack.


Title: Re: Attack on Bitcoin
Post by: kogozer714 on July 27, 2019, 07:53:47 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

do you mean market attacks or attacks on bitcoin secrets ...? if that is true, it may not be notified to the public and will not be spread to the ears of other bitcoin users except their groups, if you hinder the pace of bitcoin it might be possible.


Title: Re: Attack on Bitcoin
Post by: bitbunnny on August 01, 2019, 07:57:52 PM
You can't attack Bitcoin by just using computing power. Any attack will come from bankers accumulating most of the available coins, and using them for their own inter-company transfers. This will make some of us rich, but inhibit the use of Bitcoin as a general currency imho.
I agree with this one. That is not the way Bitcoin can be attacked. By using sophisticated high powered computers and other computing devices through hackers and the like, I think that was TS wanted to tell us. Some groups also use FUD as an attack but all these things are not worth it as fo this time. What are their motives? To hack and steal? I think Bitcoin is not that easy to attack because of the secured environment and nature of the Blockchain technology.

Yes, attack on Bitcoin with super computers is not very likely. Hackers will aim on Bitcoin but still not in such super organized way with super sophisticated equipement, this sounds more like attacks that are sponsored by someone.
Also, I think that banks are not such enemies of Bitcoin as some are trying to show. Banks are also given some kind of exaggerated influence on cryptocurrencies that they actually don't have.


Title: Re: Attack on Bitcoin
Post by: hahay on August 01, 2019, 08:15:01 PM
Who are those planning such attack on bitcoin. Let them review what will happen than blabbing from afar. Bitcoin has come to stay and no attack render to it that it can't scale through
Bitcoin has gained already a lot of achievements and even reaches high peaks too far from where it being started. But along with it are those different attacks just to let it down. So this attack you have been saying is something not new to us. Bitcoin will still get over it as it has been through thick and thin and up to the present, bitcoin is still fully alive.
So attacks like that have at least happened and bitcoin can still overcome them and actually, bitcoin is able to continue to grow better. Whatever attacks are made at least that will happen and because bitcoin has grown big and become stronger I don't think there is more to worry about, right.