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Author Topic: can bitcoin wallet be hacked by hackers?  (Read 28447 times)
BTCbengi
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July 22, 2017, 07:45:26 AM
 #141

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?


This is not possible because if there are hundreds of millions of dollars stolen by hackers, Bitcoin developers have prevented this from happening by the Bitcoin security system.

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July 22, 2017, 08:26:42 AM
 #142

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?


This is not possible because if there are hundreds of millions of dollars stolen by hackers, Bitcoin developers have prevented this from happening by the Bitcoin security system.
I think if you keep it in an online exchange or wallet that does not have more security, it would be quite possible if your bitcoin gets stolen. There are many cases if you look on google, that there are many people who get the losses because their bitcoin is stolen from the wallet that do not have much security or from bitcoin stored in exchange
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July 22, 2017, 08:33:12 AM
 #143

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?


This is not possible because if there are hundreds of millions of dollars stolen by hackers, Bitcoin developers have prevented this from happening by the Bitcoin security system.
I think if you keep it in an online exchange or wallet that does not have more security, it would be quite possible if your bitcoin gets stolen. There are many cases if you look on google, that there are many people who get the losses because their bitcoin is stolen from the wallet that do not have much security or from bitcoin stored in exchange


maybe on some exchanges or if you loged in on a phising site where they copy the same website of wallet you stored in. they can get the information of your wallet then take all of your assets inside.
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July 22, 2017, 09:25:48 AM
 #144


if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.



Wow that make me feel good about the security of bitcoin. It is true that with two step verification process as well as multi private keys it will take hundreds of years for bastards to crack into any wallet. The simple password with combination of letters and numbers will also takes years according to surveys so I think bitcoin wallet address are way secure than anything.


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July 22, 2017, 09:47:22 AM
 #145

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It is possible, 100%. That is if you don't have sufficient security measures. If you adopt good security measures, the chances are next to zero. Bitcoin don't have any vulnerability that allows anyone to guess your private key with a fair amount of computing power.

If you want to safeguard yourself, you have to create a cold storage. Multisig won't work at all if all the addresses are generated on the same computer.

Bitcoin is impregnable but those wallet especially hot wallets is prone to hack that is if they have low security measurement which really did already happen. You can search for it. I am not sure if it is because of their incompetence or they just feel safe which lead their site or hot wallet to their demise.



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July 22, 2017, 10:00:47 AM
 #146

You can make it hard, but you can never stop a good hacker. use offline storage and a strong key and never trust anyone.
the hacker can be your best friend and that's one of their strategies to get to your secrets.

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July 22, 2017, 11:11:45 AM
 #147

I think that a good hacker can crack a bitcoin, but to do this, he needs to know that you have a large amount of money in there so you do not waste a lot of time. Also, you can steal passwords if you navigate through viral links on the Internet.

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July 22, 2017, 03:55:53 PM
 #148

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
If you have a secure wallet, a desktop wallet with security like anti-virus, or something like that, or if you use an online wallet and take advantage of additional security 2fa like google auth, sms verify, etc of course it will be very difficult for hackers to hack your account
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July 22, 2017, 04:08:12 PM
 #149

Yes i think it is possible. even, safest security in goverment can be hacked too.
Maybe you can find a wallet that have complex security instead? although i don't really know about it. since until now, i don't really think about my bitcoin wallet.
But at least, we can prevent it by using hard password, that's really hard to guess. And never login your wallet in wrong website. because now, there're some fake webs that look exactly like the real one. And once people put their password there, it's gone.
Always double checked everything. And pray of course lol.

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July 22, 2017, 05:46:40 PM
 #150

if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.

I strongly agree. They can do it but they cant if you care especially your security. Secure every information that you have especially your account with regards of earning. Careand secure your accoutn i suggest.
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July 23, 2017, 07:46:30 AM
 #151

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
maybe someone can because nowadays there are so many people who are really great about computers especially the hackers. maybe they can really hack your wallet and steal all your bitcoins or money. the only way to be safe from them tou need to be invisible by showing other people the amount of your bitcoins to prevent stealing

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July 23, 2017, 08:47:48 AM
 #152

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?

I're recently switched to a hardware wallet and I am very happy with this solution. I had Bitcoin and Ethereum wallet before on my PC. Altough I am very cautios with the staff I have on my PC and the internet sites I visit I was getting extremely uncomfortable with the recent increase in ransomware.

I use a seed with an additional passphrase. The seed is on paper only, passphrase in a password container. A hacker would need access to both in order to access my wallets.
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July 23, 2017, 08:53:15 AM
 #153

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
maybe someone can because nowadays there are so many people who are really great about computers especially the hackers. maybe they can really hack your wallet and steal all your bitcoins or money. the only way to be safe from them tou need to be invisible by showing other people the amount of your bitcoins to prevent stealing
Agree with you now a days lot hackers is much advantage to the developer of one site, i think hackers not yet see the bitcoin system that they could hacked and make lots of money. There is no safe in online on the hands of hackers.
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July 23, 2017, 08:55:45 AM
 #154

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
can your wallet be stolen out of your pocket???
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July 23, 2017, 08:57:13 AM
 #155

Actually you do not have to worry. As long as you can still save your password safely then you can breathe freely, other than that access to an e-mail is very important because as long as you can still connect with e-mail that is registered then you can easily take account that you have. Oh yes there is a 2FA feature that can add security bitcoin wallet that you have. The important thing is never to give any information to others.
Yes, I am sure it is impossible to break the code ('guess' it) since there are too many options there. Thus you just have to make sure you didn't save your password somewhere where it is easier to get it. Another problem that can await you is the website where you have a wallet (if it is an online one). The website can have weak security itself or the owners can just steal all the money. So the risk is still there but it is not related to bitcoin itself.

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Blitzboy
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July 23, 2017, 09:02:10 AM
 #156

No, there is no way they can hack your wallet unless your computer is harmed by virus and malware. Keylogger can easily steal your password and they can easily access your wallet and transfer the amount of bitcoin into their wallet. Therefore, try to protect your computer carefully. Otherwise, spend $100 to buy hardware wallet. if you have a hardware wallet, I can ensure than 100% than you will never be hacked

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July 23, 2017, 09:27:31 AM
 #157

Yes weather it's online or offline bitcoin wallets still be hacked , online wallets spends millions for security of your funds but as we saw in case of ethereum there still can be a flaw and anytime hackers can take advantage of these flaws , however if you save your funds in a hardware wallet you are safe from getting hacked
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July 23, 2017, 09:31:00 AM
 #158

All could happen. So my advice keep either the bitcoin or coin you have in your personal wallet. Not in exchange. Because if we keep private. We hold 100% of the coin. Different when saving in exchange
Core.BUSTER
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July 23, 2017, 03:49:37 PM
 #159

can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
In fact, they can’t hack any online wallet because of the high security and it has private that you’re the only one who knows it. And, I think even professional hacker cant hack any online wallet. I think there are no chances that they can hack online wallet. Lastly, you can a sure that your bitcoin is totally safe in online wallet.
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July 23, 2017, 07:02:56 PM
 #160


if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.



Wow that make me feel good about the security of bitcoin. It is true that with two step verification process as well as multi private keys it will take hundreds of years for bastards to crack into any wallet. The simple password with combination of letters and numbers will also takes years according to surveys so I think bitcoin wallet address are way secure than anything.



the bitcoin is a secure currency it is secured and save currency as much as you want it to be I don’t think that it would be easy for the hackers to hack bitcoin and steel the amount of the people from those who use secure wallets for their coins but using a secure key for your bitcoin wallet would be more safe otherwise the hackers will take the info about your bitcoin and will hack your bitcoins.
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