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Author Topic: Bitcoin can be hacked?  (Read 3901 times)
boynamnhi
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April 15, 2018, 06:46:49 AM
 #421

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 think we can split into two case:
- Bitcoin works: Absolutely impossible to attack because of blockchain technology is effective and technology is developing on a modern.
- Personal Bitcoin: Sometimes it can be attacked with security implications. This happens depending on the individual user wallets. They need to secure their wallets with strong passwords and can somehow back them up so they are not lost. It's best to keep your hardware.
juiceannabel
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April 15, 2018, 02:24:41 PM
 #422

It's possible to steal bitcoins from a market or a wallet, but you can't hack it. Hacking is not possible due to the blockchain technology, which is now actively integrated into other projects. Even governmental ones.

Agree. Maybe the right one is stolen instead hacked. Blockchain was created to prevent unwanted access to database,
and it is irreversible. Making it is almost impossible to hacked or something like that.
harobaru
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April 15, 2018, 02:32:45 PM
 #423

bitcoin can never hacked because its information is not at one place. its information is distributed in many places.
Suffoc8
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April 15, 2018, 05:12:43 PM
 #424

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 cant be hack because it is only a currency, a cryptocurrency, but instead your account can be. For an example is when you share your passwords and accounts to other people then probably they can open your account and hack it.

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amwer
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April 17, 2018, 01:05:42 PM
 #425

It is almost impossible to steal Bitcoin Networks Hack and Bitcoins. You need to look for private keys for a specific public address. The possibilities are unlimited. A group of Bitcoin Networks is still working on a project of the power supply company to find a private key.
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April 17, 2018, 01:37:38 PM
 #426

It would require 10 times much power of the existing hash power of Bitcoin's mining network or more. Simply put, it's impossible. Bitcoin was built for security. It cannot be hacked. The only thing that can be hacked is the human brain. So be careful with your coins as you might fall into a dark gloomy trap.

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Lalafell
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April 17, 2018, 01:50:00 PM
 #427

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?

Hacking bitcoin will be a very difficult task and will requires much effort to get pass through blockchain. This method seems to be not efficient and also not practical because it will be expensive to do. So I think hackers will lose interest to hack bitcoin since the security is heavily tight. Also, I suggest to all to beware of the links that you click and the emails you received to prevent hackers from fishing to your computers.
Jerical13
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April 18, 2018, 10:03:18 AM
 #428

very unlikely.bitcoin is considered one of the most reliable currencies,then why should it be hacked at all? don't see much of a case
ikiscream
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April 18, 2018, 08:10:12 PM
 #429

I think it's not true bitcoin can not be hacked, except your hacked bitcoin storage place,
andylowe
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April 18, 2018, 08:37:13 PM
 #430

I think it's not true bitcoin can not be hacked, except your hacked bitcoin storage place,
Bitcoin can be hacked by someone. Yes, it can be. Traitor is all over and if ever one of the traitor is the that will hacked bitcoin then it can be because bitcoin is for all. So if ever it hacked by someone then other people will learn on how to hacked bitcoin too. Yes, only bitcoin storage place can be hacked so it means no one can do it except for the creator and other members of this, not other people.
freshm4ker
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April 18, 2018, 09:36:14 PM
 #431

Everyone knows if you want to hack the bitcoin, you should also be able to block blockchain first, but it is not possible. Do not take shortcuts to get bitcoin or better invest or join a gift campaign in this forum to get bitcoin pieces by doing the assigned tasks from the manager who rewards the participants. Cool
Kikir leutik
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April 18, 2018, 10:06:21 PM
 #432

There is often a misconception about theft and security hacking that occur in different places of exchange and business. Although these things are unfortunate, none of them involve Bitcoin being hijacked, nor does it mean there is a weakness in Bitcoin. Just as a bank robbery does not mean the dollar has been weakened or polluted. However, good security practices and security solutions are required to provide better protection for users' money security, and to reduce the risk of theft and loss. In recent years, security systems have grown rapidly, such as wallet encryption, wallet offline, hardware wallets, and multiple signature transactions.
Btcepoy11
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April 18, 2018, 10:14:32 PM
 #433

Bitcoin connot be hacked by anyone, bitcoin is safest and secured when it comes in security. However the privite key of the bitcoin users can be hacked if they are not properly protecting there privite key.
vnck25
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April 18, 2018, 10:18:21 PM
 #434

What do you mean by "hacking" Bitcoins? It's a cryptocurrency it cannot be hacked. The thing that can be hacked is the wallets where one keeps the cryptocurrencies. If you have a very weak password or keep the private key in an unsecured, public area then someone can steal your cryptocurrencies. If you mean by someone "creating" bitcoins to inject into the market that is external to the limited quota of 21 million bitcoins, that simply that cannot be done, because to my understanding there is no consensus if you just do it by yourself. This is one of the powers of cryptocurrencies. The guy or group invented cryptocurrencies are simply awesome, that's what I have to say...
CryPtoEnGanGe
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April 18, 2018, 10:24:56 PM
 #435

no no. It can't be hacked. Bitcoin is one of the hardest things to get hacked
Keeminakar
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April 18, 2018, 10:32:31 PM
 #436

All cases of bitcoin theft that I know of were due to incorrect storage organization. And if you really take care of it, then your investment is not in danger. I really believe that.

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bitvelk
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April 18, 2018, 10:53:45 PM
 #437

If in 10 years of existence of bitcoin there were no weaknesses in its safety revealed, then we can trust it.

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saffira
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April 19, 2018, 02:31:33 AM
 #438

I dont experience it yet. Like the wallet that I am currently using, it is really secured I think because it requires personal information with proof of identification. The only risk is when you forgot your identification number or password. Compare to other such as ethereum, security is tight when it comes to bitcoin.
jhenz20
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April 19, 2018, 02:33:07 AM
 #439

It is impossible, bitcoin cannot be hacked because it is the safest and secure currency that has a full of security. A possible thing that can be hacked is your wallets when you did not secure your private key.Everybody knows that if they want to hacked the bitcoin, They should also be able to blocked the blockchain first, but it is not possible to do that.
Jcabudx
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April 19, 2018, 02:43:41 AM
 #440

Bitcoin can't be hacked but your account can be. The security here in bitcointalk is not much secure in my opinion only. Nothing is safe in the internet world. There are many hackers out there that are trying to catch all the data of every people so that they can hack each account. But in other side maybe yes? Bitcoin can be hack, but bitcoin is still upgrading and updating so there is less chance that it can be hacked.
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