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Author Topic: can bitcoin wallet be hacked by hackers?  (Read 28447 times)
Lorilikes
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October 19, 2017, 06:27:51 AM
 #681

I always say it is highly unlikely that a hacker will hack your coin, however it is highly likely that your roommate or girlfriend will login to your weakly protected wallet o your device and steal it from you.  2FA isn't eough sometimes.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 19, 2017, 06:33:14 AM
 #682

Most of the times hacked electronic wallets cases happened because the user made a mistake, most commonly giving away his private key. And that happened because those people where not that careful and had limited knowledge about wallets and how transactions work. So, get informed, be very careful and for an extra layer of security use a ledger, a hardware wallet to store your coins.

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October 19, 2017, 07:05:07 AM
 #683

The chance for hacker to hack your wallet is 40% that's is if you take the necessary precaution like having a permanent computer which is only meant for your wallet only, using authentication or 2fa with the use to good antivirus like Kaspersky etc.

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October 19, 2017, 07:10:04 AM
 #684

There are security issues related to bitcoin but I think it can be hacked to some extent
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October 19, 2017, 07:18:57 AM
 #685

For me Yes! Some people really specialize in Hacking so long as you can not trust others your details like Email adds, Personal profile and Pin code and passwords.
Through it you will be able to assure yourself and you are not so nervous that you may be hacked.

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October 19, 2017, 07:22:23 AM
 #686

I am very interested in this topic. I have learnt alot just going through people reponses and I believe the person that started this topic have gotten enough  information to protect his or her wallet beyond hacking.
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October 19, 2017, 07:23:11 AM
 #687

Yes, hackers can hack almost everything today. There's a high possibility that they can steal your every device's data including your wallet information if you are careless. One of the best way to protect your wallet information is not to tell anybody and don't save it to untrusted cloud storages.

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October 19, 2017, 07:28:24 AM
 #688

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?
As far as I know, the wallet is located on the cold storage can't be hacked. The fact that the hackers only need your private key.

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October 19, 2017, 08:10:42 AM
 #689

There more chances of hacking if you are storing your bitcoins in online wallets and exchanges always keep in mind not to store your bitcoins on exchanges as there are more chances for you to loose bitcoins, not all wallets can be hacked, paper wallets, hardware wallets,USB wallets and Trezor are the safest wallets available in the crypto market. For buying and selling of bitcoins you need to use good reputed exchanges or else you might loose your bitcoins. Hackers can hack anything be it bitcoin wallets or the normal banking system when hackers attack banks the bankers will not be able to do anything, they might loose their customers trust and databases. To keep your bitcoins safe you need to store your bitcoins in cold storages like USB devices, paper wallets and hardware wallets.

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October 19, 2017, 08:24:57 AM
 #690

oh yes,everything that is present of internet can be hacked.bitcoin also runs online so it is prone to hacking,but its not so easy,everyone who run forum or websites online have some firewall protecting it against this threats,everything is not 100%secure.so what you can do is store your bitcoin on a offline or paper wallet ,best way to store btc if you have good number of them.

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October 19, 2017, 08:42:07 AM
 #691

for online wallet maybe, so be more careful
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October 19, 2017, 08:43:22 AM
 #692

The wallet provider If you have any bitcoins they have to be stored somewhere. There are a lot of wallet providers that make it a lot eaiser to use your bitcoins
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October 19, 2017, 08:51:17 AM
 #693

The wallet provider If you have any bitcoins they have to be stored somewhere. There are a lot of wallet providers that make it a lot eaiser to use your bitcoins

Any wallet can be hacked. But I heard that the safest wallets are purses of cold storage. They store your bitcoins on the device and only you have access to the wallet

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October 19, 2017, 08:55:44 AM
 #694

The wallet provider If you have any bitcoins they have to be stored somewhere. There are a lot of wallet providers that make it a lot eaiser to use your bitcoins

Any wallet can be hacked. But I heard that the safest wallets are purses of cold storage. They store your bitcoins on the device and only you have access to the wallet
Not all the types of wallet can be hacked and the examples for that as a proof is the paper wallet because it is an offline wallet and if you are going to put a lot of bitcoin there then there is nothing to worry about because it can't be hacked because of being offline and that is also the same concept that the hardware wallet has so it will keep you safe from hackers.
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October 19, 2017, 09:02:13 AM
 #695

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?
Based on what I have heared, yes hackers could hack our wallet depending on its security. I remember that there's a time that my classmate's wallet has been hacked and his money was stolen. I think there's is one way to prevent your money loss which is storing your coins in offline wallet.

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October 19, 2017, 09:07:03 AM
 #696

I'm sure many of you have already seen this, but McAfee's London keynote is a must-see if you're interested in Bitcoin wallet security:

https://www.youtube.com/watch?v=syI9X_uKvUA
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October 19, 2017, 09:50:59 AM
 #697

The wallet provider If you have any bitcoins they have to be stored somewhere. There are a lot of wallet providers that make it a lot eaiser to use your bitcoins

Any wallet can be hacked. But I heard that the safest wallets are purses of cold storage. They store your bitcoins on the device and only you have access to the wallet

I think use cold storage is a good way to protect wallets. Maybe you must pay fee for this but it helps you prevent hackers.

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October 19, 2017, 02:24:09 PM
 #698

wallet can be hacked but it is depend on your security so try to download offline one and save your private key
I think it's good wallet and it's not to possible to hack this wallet key is security.
Bit coin is digital gold and the biggest war in information technology is the making and breaking of it security. Till now there is no such security available in information technology which cannot be broke. The world is full of professional hackers who can any time break the better and best available security, so in case of bit coin it is also possible. The major question arises on internet is security problem. So be careful by using your wallet.
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October 19, 2017, 02:50:17 PM
 #699

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?
Based on what I have heared, yes hackers could hack our wallet depending on its security. I remember that there's a time that my classmate's wallet has been hacked and his money was stolen. I think there's is one way to prevent your money loss which is storing your coins in offline wallet.
Does your classmate was using coinbase or similar online wallets? If yes, then someone knew his mail and probably he had very easy password. But if you mean that he was using blockchain.info or offline wallets such as Bitcoin core, Electrum and etc, currently it's not possible to hack them because of very high security (combination of private keys and etc) and no one has done it. Also your classmates wallet wouldn't be full of bitcoins so no one would take care about that.

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October 19, 2017, 02:54:06 PM
 #700

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?

Yes the hacker can hack your wallet you can put your phone number to receive an sms when you open your wallet and make sure to use a strong password with character ,number special character and  uppercase character
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