gesdan
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August 31, 2017, 01:49:21 PM |
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i think they use steal their phone number and try to login in victim's account and start to send all of the bitcoin into their account, i think its not system of bitcoin weakness, but the victim is the weakness and give her email, phone number into thieves so the thieves can stole the bitcoin easly
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franco123
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August 31, 2017, 01:52:28 PM |
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These Bitcoins thieves are known as hackers. Bitcoin hackers who targets weak Bitcoin wallet addresses. And sometimes, your Bitcoin wallet address provider itself is a thief. Which is why it is important to choose wisely the Bitcoin wallet address provider you will have. Because aside from it being the gate keeper of your Bitcoins, it is also the one that can give you earning from trading it directly to them. And also, they help you transact in different ways. Example is that my wallet allows me to pay electric bills by converting my Bitcoins to peso for a certain rate.
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GideonGono
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August 31, 2017, 01:57:14 PM |
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Find a wallet whoch you have 100% control over your keys and secure it and that will be enough to secure your bitcoins. Remember, don't store your back up in your computer or other devices. For me, I prefer righting those in a piece of paper with atleast more than 2 copies and place it in a secure place.
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webmastax
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August 31, 2017, 03:14:29 PM |
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Every valuable thing attract thieves. In order to protect your coin, you should: - Secure your computer. - Keep your private keys safe and never give them to anyone. - Verify your transactions, they are not refundable. - Do not deal with anyone or any website not trust worthy.
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Kemarit
Legendary
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August 31, 2017, 03:27:22 PM |
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The article describes how a thief can possible hack accounts in a trading platform. And yes, its really possible for someone to steal you money in an exchange that's why its not safe to put all your funds in their. The best thing to do is not really put all your life savings in an exchange but just leave something there for your day trading purpose only. So that in a likelihood of a hack they can only take a small portion of your funds. Used a strong password, and change it frequently, 2FA I believed is not a strong as it used to be in the beginning, but it is good to still enabled them.
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6Asmodeus6
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August 31, 2017, 03:40:18 PM |
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There will be always exchange hacks.It's like old days of banks.They used to get robbed a lot.If I were alive in those days I wouldn't keep my money at bank.Always store big portation of your Bitcoin ( like %70 - %80 ) in your offline wallet and use the rest of it for exchanges.
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iram1011
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August 31, 2017, 03:55:25 PM |
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Exchanges are indeed prone to hacks. There is no deny to that. From Mt. Gox to Bitfinex, there are various incidents. The problem is not with the blockchain. It is more about exchange's security. That is the why it is always advisable to keep your Bitcoin in offline wallets and hold your private keys. Don't rely on exchanges for holding your Bitcoin. Never ever give your private keys to anyone or enter it into any suspicious link. Recently, a hack of that sort happened with Myetherwallet. Your security is in your hands.
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Wintersoldier
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August 31, 2017, 04:00:32 PM |
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That article is talking about failed exchanges and exchanges where are undergoing problems. In this situation is easy to protect your bitcoin, just keep them in your wallet and don't keep them on an exchange. Choosing a desktop wallet is better than choosing a web wallet and choosing a hardware wallet is the best you can do to protect your coins.
If it is focus on the failed transaction we could categories it as a system malfunction for bitcoin becasie it is a result brought by the blockchain error that could manipulate transactions on one to many scale. But in terms of bitcoin transaction there is always an impediment happens everyday so it is a good thing to know that Bitcoin could acquire development and could have a better form of transactions for people ti experience.
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stompix
Legendary
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Leading Crypto Sports Betting & Casino Platform
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August 31, 2017, 04:12:51 PM |
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The article is not about "your" coins.
That article is about coins you have entrusted to online wallets or exchanges. And some of them are actually "hacks" done by themselves and then blaming some unknown entity. Simple exit scams.
Of course , everything can be eventually stolen, except maybe your soul but that doesn't mean there are a million "hackers" out there who could in 2 seconds steal your coins. If you take enough measures you can sleep easy at night.
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BittyBatty
Jr. Member
Offline
Activity: 49
Merit: 1
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August 31, 2017, 04:15:08 PM |
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Your link has been removed so we can't see it. I have just got my Ledger nano s, which is a hardware wallet, and I'm satisfied with it. I don't have to worry about my keys being stolen due to keeping them unencrypted on external pendrive which can fail anytime. Paper wallets are cheaper but less convienient and you still have to keep them in a safe place.
But ledger wallet is a device too and it can fail anytime. Also i think ledger is risky in the sense single point of failure and prone for hack/compromise.
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Nivir
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August 31, 2017, 04:17:48 PM |
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I agree with most of the comments here, the safest way to hold your coins and not be stolen would be to keep it in a hardwallet or offline wallet which mostly is the suggestion for most traders here.
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daringdiscovered
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September 01, 2017, 02:31:03 AM |
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Hardware wallets seem like the most convenient and safe option, but you can yet use paper wallets. Perhaps several of them in small chunks that you can use separately when you have to withdraw...
I don't trust this paper wallets since you might misplace it somewhere. If you don't want your bitcoin to be steal by someone, use hardware wallet like trezor and so on, it is a little bit expensive, but at least you could assure yourself that your bitcoin is in safe hands, unlike those web wallets out there, Trezor is more safe and secured.
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Somz1
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September 01, 2017, 04:17:26 AM |
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More bitcoin becomes popular,more will the hacking and stealing increase The user must follow suitable measures to protect their crypto currencies
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Jewell
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September 02, 2017, 08:39:32 PM |
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Going for hardware wallet or paper wallet, or even desktop wallet. Go for high security for your wallet and remember not to show your wallet to anybody or even on the internet like Facebook, etc. And the most important thing that i've learnt, is do not trust anybody on the internet these days.
There are thieves everywhere in the world and of every kind; I mean different kind of thieves. Some thief stole ideas, some stole money some thief stole cars and kids. So we all will to manage a very strong security to safe our investment and bitcoin. Because if it is thief all the life savings will disappear in moment. Paper money or digital money all needs security, and the security should be very tight that no thief will able to break in and goes inter.
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John777
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September 02, 2017, 08:50:39 PM |
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To protect your coins, you only need to use a hardware purse, not on the exchange, as many newcomers do, and also be careful of virus attacks and always make a backup copy.
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Zalfa_mui
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September 03, 2017, 04:00:35 AM |
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So your'e saying that if i keep my coins back'd up in a wallet i cant get hack'd ?
all depends on your own ,, wherever we save bitcoin, if we are not vigilant, hackers can steal it, so you must keep your wallet key safely .. if it is online wallet still there is possibility of stolen ,, better use ofline wallet like trezor, hackers can't steal it.
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phr0stbyt3
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September 03, 2017, 04:03:22 AM |
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There are so many ways to secure your funds you can buy any hardware wallet or make one in your usb. Just type on google cold storage for bitcoin you will find so mamy ways of securinf your funds offline. I would recommend you to buy a hardware rather than making one as it is more safer and when you make if you screw up a step you lose all your coins
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loopes
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September 03, 2017, 04:07:58 AM |
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That article is talking about failed exchanges and exchanges where are undergoing problems. In this situation is easy to protect your bitcoin, just keep them in your wallet and don't keep them on an exchange. Choosing a desktop wallet is better than choosing a web wallet and choosing a hardware wallet is the best you can do to protect your coins.
very risky to keep our coin on exchanges for a long term because it is potentially to stole and scammed by exchanges it self. hard wallet is the most favorite wallet to keep our coin safe. but did not every cryptocurrencies have hard wallet.
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Ararbermas
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September 03, 2017, 04:21:37 AM |
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Good day . For me the best wallet to avoid thieves is web wallet instead of hardware wallet. .and also wallet that have a 2factor authentication so that our bitcoin will be safe and secure. And also the best strategy to avoid thieves is changing your password every month. . I hope it can help .
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Tungsten-1
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September 03, 2017, 12:06:20 PM |
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i think they use steal their phone number and try to login in victim's account and start to send all of the bitcoin into their account, i think its not system of bitcoin weakness, but the victim is the weakness and give her email, phone number into thieves so the thieves can stole the bitcoin easly
I think it is not so easy to do this now because the bitcoin organization has launched a lot of safe and secure wallets for this purpose and using this wallet will make you avoid the loss of the bitcoin and it will give you more profit because you will be able to hold your bitcoin for long time using wallet will provide you a security key and the password of your wallet then no one can hack or steal your bitcoin until you share your wallet key with then and if they try for it then it is useless for them.
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