ChainSmoker
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October 16, 2017, 12:49:19 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
Bitcoin is backed by cryptography and can not be cracked/hacked by current technology.If you mean can your personal bitcoins be hacked?Sure,if you do mistake by installing malware or some other mistake then sure but otherwise no one can hack your bitcoins from the network itself.In future,we can't say if it will be impossible to hack bitcoin when we have Quantum computers but i am sure by that time bitcoin developers will come with powerful solution to upgrade the network.
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makishart
Legendary
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Activity: 3080
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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October 16, 2017, 12:57:01 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
Bitcoin is backed by cryptography and can not be cracked/hacked by current technology.If you mean can your personal bitcoins be hacked?Sure,if you do mistake by installing malware or some other mistake then sure but otherwise no one can hack your bitcoins from the network itself.In future,we can't say if it will be impossible to hack bitcoin when we have Quantum computers but i am sure by that time bitcoin developers will come with powerful solution to upgrade the network. Just heard from some experienced people here or maybe read it from the past that your saying is obviously right, it needs resources to hack bitcoin than the resources your'e going to obtain by hacking bitcoin. even duplicating bitcoin is just really hard. I heard that bruteforcing the bitcoin private key is possible but needed thousand years just to crack a private key.
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Opquar
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October 16, 2017, 12:58:16 PM |
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There will always be ways to sidestep any security feature. No security system is perfect, and you, the user, are prone to mistakes. That being said, Bitcoin is nearly impossible to hack, but a breakthrough in quantum computing can change that quickly. Your machine can also be compromised, or you can be phished. Everything has a vulnerability.
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passwordnow
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October 16, 2017, 12:58:44 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
Welcome to the bitcoin world and this type of question are for real newbies out there. And the answer is no, you can't literally hack bitcoin or the whole blockchain network. What makes it possible to hack a bitcoin is by doing some phishing to the bitcoin owners that aren't aware they are being phished. This is the usual event that's happening of those people who are complaining about reduction of their bitcoin balance.
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pinoyden
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October 16, 2017, 12:59:06 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
yes its possible because bitcoin works mainly on online and it can still be prone to viruses and malwares unless you transfer your coins to a hardware wallet like trezor or on a cold storage like an offline computer, in that way you can assure that your coins are 100% safe and free from hackers.
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scarell
Newbie
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Activity: 7
Merit: 0
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October 16, 2017, 12:59:40 PM |
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as developers bitcoin so the malware developers are gaining experience ... maybe could be hacked, but unlikely
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kuronokishi10
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October 16, 2017, 01:08:42 PM |
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According to me,no,it cannot be hacked,as no one knows the bitcoin origin and how exactly it came into existence, i mean the method or software used. Mostly bitcoin transactions are hacked and that too happens very rarely since these days we wait for multiple confirmations.
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Rajat97
Newbie
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Activity: 14
Merit: 0
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October 16, 2017, 01:10:29 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
If you are talking about having it there is no possible way because there is as such no source where the bitcoins come from. There is no place where the bitcoins are situated. Bitcoin is not a stable currency but will end in a few years and other crypto currency will take place of bitcoin. Later these currencies will be valid in various countries and will be used for even transaction purpose.
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ninabobo
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October 16, 2017, 01:13:57 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
has many rumors about what you say. on the fact that you have to accept. bitcoin still survive to this day. you can see so great value. but bitcoin remains safe until now.
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majeed
Sr. Member
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Activity: 526
Merit: 253
Damn
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October 16, 2017, 03:38:56 PM |
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Bitcoin can be attacked, even be hacked. However, the possibility is even smaller than an airplane will crash on you in the next 2 seconds. Therefore, we can say that bitcoin can not be hacked. In the future, maybe people will invent a very strong computer which can encrypt everything in the blockchain and hack it or the world will born an extraordinary intelligent person who can solve all mathematics on the world
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prodifter
Jr. Member
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Activity: 52
Merit: 10
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October 16, 2017, 03:44:49 PM |
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Yes, that can happen In the past there were many times hacked hacked, even many large decks with very high security And when hacked the amount of damage is enormous
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Koadharber
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October 16, 2017, 03:49:11 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
When we do speak direct hack on bitcoin then its not possible since bitcoin is a decentralized stuff no one could able to hack or modify it which means no one can able to control it.Just being said above the only thing here is that those services who do make use of bitcoin and other cryptos would be the only one who can be hacked which would really make effects on bitcoins price.
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btcdepo
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October 16, 2017, 03:50:34 PM |
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Unfortunately yes it is being hacked everyday. you should be very careful where and how do you store your coins.
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keeee
Sr. Member
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Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
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October 16, 2017, 03:53:39 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
Yes it is possible for a hacker to hack all the bitcoin that you have in you wallet. If you have a lot of bitcoin your wallet, i recommend you to use some high security wallets and dont just put all of your bitcoin in a single wallet. Seperate it to different wallets. Also, be careful with your accounts and passwords. Dont just tell it to anyone even to your friends or families. Keep it private as much as possible.
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paolo099
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October 16, 2017, 03:59:07 PM |
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the nature of bitcoin makes it unhackable (decentralized technology), speaking of wallets/websites/exchanger yes, depends on the security applied to that. Wallets, login to sites and so on are always under the hack risk because of short passwords, no strong security (saving passwords in plain text).. and humans are the easiest "thing" to hack, with some public relashion you can get very close to get into other accounts.
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btccashacc
Legendary
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Activity: 1120
Merit: 1000
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October 16, 2017, 10:31:27 PM |
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Basically, bitcoin cannot be hacked as long as you keep your private key safe then your bitcoin will be safe. Many cases out there where people stored their bitcoin on exchanger or centralized wallet got hacked, this is obviously their fault to storing their money in unsafe place or giving someone their private key. The point is if you understand how to secure your bitcoin properly then it can't be hacked.
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batang_bitcoin
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October 16, 2017, 10:38:40 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
We all love the concept of bitcoin and this is the reason why we are staying here. And regarding to you question, bitcoin can't be hacked but what can be hack are those web wallets and exchanges. That's why we have to be responsible when it comes to keeping our bitcoins. And also you must be aware of what sites are you visiting because you may not know there are some malware or scripts that when you unexpectedly click it, that's a clickbait and also always look at the name of website you are visiting because hackers are trying to misspell the real websites in order to get some victims.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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quovadiz
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October 17, 2017, 12:07:14 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
I don’t know reality about hacking of bitcoin but I think that bitcoin cannot be hacked but accounts in investment or on exchanging of bitcoin can be hacked, and bitcoin is a cryptocurrency, digital currency and a lot of people have support for bitcoin and make the system of bitcoin more advance and secure and no one will get bitcoin through hacking etc.
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Chiggins
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October 17, 2017, 12:09:38 PM |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
no i doubt it,with all the technology and mind inside bitcoin industry that conceptualize,and with the highly security blockchain has,no one or no body can hacked bitcoin,thats for sure I don’t think so that bitcoin can be hacked but if we pointing about wallets then the answer will be yes! Because a lot of people lose their bitcoins due to weak wallets, here the good thing is that we all need to save our bitcoin is safe and secure wallets and all I know about bitcoin top wallets are trezor and ledger which people love the most and all of them save their bitcoins there safely.
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jankekek
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October 18, 2017, 07:16:03 AM |
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No, but it depends of you how to safe your bitcoin. more people are hacker.
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