Bitcoin Forum

Everyone (the press / media) acts as if Bitcoin was somehow hacked.  Bitstamp is a private company which buys and sells bitcoin and they left their keys in a place where crooks found them.  There is nothing wrong with the key - the key is very strong.  The quality of the key isn't the problem.  The hiding place was crap.  Don't leave your freaking keys out where thieves find them!!!!  

Bitcoin wasn't hacked!!! (yet!)

uhmm all in all can it be hacked? i dont think so i dont have any motives though

keys are locked in the basement  :)

that is the normal mainstream media. but compared to some years ago, its alot better today  ;)

It always the media

Who said it's hacked?

I mean, I was about to ask the same Q !!!

Heard somewhere calling them 'Backbone' Of Bitcoin got robbed but it's not the same thing. Op share some links next.

all in all can it be hacked?

So, it's my turn for this:
http://miguelmoreno.net/wp-content/uploads/2013/05/fYFBsqp.jpg

Well when people not too involved with bitcoin see news like this, they imagine that everyone lost their coins and the whole bitcoin thing was hacked, just like mtgox.

Yeah I agree.. few of my friends think the same.! I had to clarify to them that ppl have not lost their money as of yet.! will only come to know once bitstamps starts again.!

Well, technically, quantum computers could break the code without requiring astronomical amounts of energy :

https://theconversation.com/quantum-computers-could-crack-existing-codes-but-create-others-much-harder-to-break-21807

Previous discussion here :
https://bitcointalk.org/index.php?topic=122591

And I guess advances in mathematics could in theory make SHA256 more easily breakable in classical ways?

Though the BitCoin network might be able to switch to a longer key or maybe even to a stronger cryptographic algorithm if there was a risk of SHA256 being compromised?

P.S.: It seems that the media (in general) will never learn the difference between the bitcoin network and specific private bitcoin companies...

Bitcoin is impossible to hack!

True enough although that does not mean that services can't be hacked
Or reused R keys that make the sun image a 2 second hack cough

Or Bitcoin is being used as a mechanism to hack other things (http://en.wikipedia.org/wiki/Rainbow_table).

Key are locked in the tank of the toilet with a waterproof package.

Nice reward for fixing the toilet!

Yes and No. At current rate it will take the whole network to perform the feat so I think you are right that the key is probably there for the taking. In years to come probably the scenario would change so computer technology advances

*Sigh* When will exchanges/companies learn? MtGOX(supposedly), Inputs, and many others...but still they are not securing their systems?

Dangit, the 2nd year in a row Bitcoin has been hacked.

When will the hacking of Bitcoin ever end?  Dumb insecure insolvent company Bitcoin is!!!  >:(

http://cdn.crowdfundinsider.com/wp-content/uploads/2015/01/Bitstamp-Hacked.png

There's no such thing as absolutely hack-proof security as long as you're connected to the Internet. And any bitcoin-related activities are an extremely tempting target due to how easy bitcoins are to move around. So bitcoin companies have to consider the risk of hacking as a function of money spent on security.
And while we don't have all the information yet, suggesting BitStamp is just as bad as MtGox seems to be a wild exaggeration to me.

So, it's my turn to quote it. I just love this image. Bitcoin won't be hacked in our lifetime.

Are you people just posting without even bothering to read the previous comments or what?

hopefully its not related but couple weeks prior to bitstamp hack my withdrawals became disabled. I asked support whats going on they told me that my company is delinquent. Even us bank allows me to use my money but bitstamp wont..Hell with them. NOw i cant even close my account with them as it requires withdrawing all the money