NSA is attempting to crack Bitcoin?

[BIT-Sharon]

Since the begining of this century, NSA has invested billion dollars in some secret activities to keep its ability of eavesdrop and taken this as its great mission. If the information from terrorist, foreign spy and other foes, US will be the one to attack.
It is said that NSA cooperates with multipal technology companies to use high speed computer to crack secret codes. This institue has decoded the encryption skill of protecting global business and bank system, kept the business secret,medical record and other sensitive data, at the same time, the safety of emails, internet surfing, online chatting in US is automatically protected.
An intelligence budget file has shown that this kind of action is still going on. The American national intelligence supervisor James R. Clapper Jr. has written that:"We have invested a lot of funds on breakthrough password analysis to attack the password technology and network traffic of foes."
There is rumor in the past that Bitcoin is one of the institutions of NSA.However, all the details around the national institution have shown that Bitcoin community has become the goal. Many people in Bitcoin community believe that NSA is cracking the Bitcoin agreement, which is one of the great tasks for them.

[jonald_fyookball]

what bitcoin agreement is that?

[Troonetpt]

Good try, but i bet them will failed to crack bitcoin.
Sure there is nothing absolutely safe, but the security can be updated.

[koelen3]

I don't really get your mean by crack Bitcoin , the coding of bitcoin has been done in Sha-256 for a reason , it being it can only be encoded and not decoded. What they can do is brut-force their way to the correct statement and then hashing it and matching it with the original one. And to stumble on such will take several Years , might take less if you're lucky but that's a low chance gamble.
They have said decoding passwords and codes, there might be something else supposedly , but not Bitcoin.

[MicroGuy]

Never keep huge amounts of bitcoin in one single address. That's the best solution. Don't make yourself a target.

[coinpr0n]

It's probably more of importance to them to de-anonymize Bitcoin users than it is to actually crack Bitcoin private keys.

[ObscureBean]

Well I wouldn't be surprised if they really are trying to crack cryptography in general, Bitcoin would then be just one of the affected techs. It is not possible for anything designed by man to be truly irreversible because you always know the starting point. Any induced state can be traced back to it's starting point (original state) because the path between the two is always clear and well defined. Cryptography is not unbreachable, it's just that at this time there is no known method for reversing the process.

[Amph]

they can't crack anything unless they have a super quantum computer prototype or something like that

another "fud news" to bring bitcoin price down

[Dotakels]

They cant do that if they do that bitcoin users get angry and the bitcoin will be close for a min time. This will affect economy of the coutry that use bitcoin and also the different business that accept bitcoin

[Kprawn]

Listen to the stuff that Applebaum and the team at Tor are saying... They have access to ex-NSA agents, who revealed some methods used by them to spy on people.

The NSA says, they are collecting ALL data, and then they target strategic key targets from that database. {If they suspect someone}

They need to have access to the information linking a person to a Bitcoin address... not access to the Bitcoin address itself. {To track the money flow}

It would be great, if they could intercept the money or hack the address, to prevent the money from getting into the wrong hands... but that opens up a whole new can of worms.

For now, I think, they will target only the person behind the address...  

[louise123]

Since the begining of this century, NSA has invested billion dollars in some secret activities to keep its ability of eavesdrop and taken this as its great mission. If the information from terrorist, foreign spy and other foes, US will be the one to attack.
It is said that NSA cooperates with multipal technology companies to use high speed computer to crack secret codes. This institue has decoded the encryption skill of protecting global business and bank system, kept the business secret,medical record and other sensitive data, at the same time, the safety of emails, internet surfing, online chatting in US is automatically protected.
An intelligence budget file has shown that this kind of action is still going on. The American national intelligence supervisor James R. Clapper Jr. has written that:"We have invested a lot of funds on breakthrough password analysis to attack the password technology and network traffic of foes."
There is rumor in the past that Bitcoin is one of the institutions of NSA.However, all the details around the national institution have shown that Bitcoin community has become the goal. Many people in Bitcoin community believe that NSA is cracking the Bitcoin agreement, which is one of the great tasks for them.

What kind of FUD is this?
And what Bitcoin agreement are you talking about?
There is NO Bitcon agreement.

There is only a protocol.

[gongomanny]

This sounds like some conspiracy theory.

I mean, with regards to the threat of government seizures, yes, bitcoin is vulnerable, but so is gold. There is a certain confiscatory risk, like what happened in 1933-1934, where US govt. made it illegal to privately own gold and confiscated it, first by executive order, then by Congressional decree.
There are ways to buy bitcoin so that your identity is not traceable via the bitcoin blockchain, but I think NSA is more interested in being able to trace wallet-holders moreso than cracking the blockchain.

[medUSA]

What good will it do if they "cracked" bitcoin? They can take your coins, that's it! They don't need money, taking anyone's coins is not their objective. It is more of their interest to monitor, follow the coins, and pinpoint where the crypto-fiat exit node is for money launderers and terrorists. To do that, they don't need to crack any encryption.

[louise123]

What good will it do if they "cracked" bitcoin? They can take your coins, that's it! They don't need money, taking anyone's coins is not their objective. It is more of their interest to monitor, follow the coins, and pinpoint where the crypto-fiat exit node is for money launderers and terrorists. To do that, they don't need to crack any encryption.

If they have truly attempted it, then it would be bad for Bitcoin.
I think it is going to lose a lot of it's supporters.
Who wants the NSA to know what they do with their money?
 

[Cinnob0n]

Just keep multiple wallet with your balance spread out among them. If one wallet gets cracked, atleast you'll have the rest of your money safe. 

[coinpr0n]

Just keep multiple wallet with your balance spread out among them. If one wallet gets cracked, atleast you'll have the rest of your money safe. 

Multi-sig might help too. But I still don't think they are actively trying to crack private keys...

[amiryaqot]

Good try, but i bet them will failed to crack bitcoin.
Sure there is nothing absolutely safe, but the security can be updated.

it will be take hundreds of years to crack Bitcoin so i don't think that attempt worth of it because of Sha-256, that thread look like a FUD and doesn't mean anything more.

[shadobitz]

Good try, but i bet them will failed to crack bitcoin.
Sure there is nothing absolutely safe, but the security can be updated.

it will be take hundreds of years to crack Bitcoin so i don't think that attempt worth of it because of Sha-256, that thread look like a FUD and doesn't mean anything more.

yes agreed with you that is just troll, i do not believe they can crack the bitcoin in the current century.

[shulio]

What good will it do if they "cracked" bitcoin? They can take your coins, that's it! They don't need money, taking anyone's coins is not their objective. It is more of their interest to monitor, follow the coins, and pinpoint where the crypto-fiat exit node is for money launderers and terrorists. To do that, they don't need to crack any encryption.

If they can do this then they will break the principle of bitcoin , "anonimous transaction". I believe satoshis has thought about this before creating bitcoin and the sha256 hash is vulnureable if NSA spend some resources into trying to crack it

[Agestorzrxx]

We all know Sha-256  is safe today, and MD5 is safe before it was cracked.
So the sha-256 still have the chance to be cracked except brutal force crack.