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Author Topic: Is Bitcoin Hackable?  (Read 2460 times)
poletando
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October 28, 2017, 01:37:46 PM
 #41

yes all things on internet is hackable, from website, account, bitcoin, and many other. but until right now i never hear that hacker can hack bitcoin and send all bitcoin into their account, because in bitcoin we use blockchain platform, i hear that blockchain platform is like a gate, every 10 minutes a new gate is created, so hacker need 10 minutes for hack our bitcoin if they fail a new gate is created after a previous gate

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October 28, 2017, 01:42:39 PM
 #42

Nothing is impossible for a good hacker if you don't  have a good protection system in your software. Hackers live though the net if there are any open routes they can get they will possibly get access to it though a variety of ways like clicking an advertisments which results to virus and possible access of hacker to your computer.
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October 28, 2017, 01:48:49 PM
 #43

Bitcoin's code was so thoroughly tested that a bug in open SSL was uncovered. This is a good example of how much goes into checking and pen testing bitcoin code. Look into it. Nobody has managed to break bitcoin so far. That is only applicable to the Core channel OFC.
















 

 

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Kronos21
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October 28, 2017, 01:48:57 PM
 #44

Theoretically you can hack everything, but the cost of such hacking will be higher than the number of coins available to you will get. Everyone who loses their coins themselves are to blame for that neglect their security. 90% of the blame in the hacking of the purse lies with the owner. Always need to remember that.

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October 28, 2017, 01:49:01 PM
 #45

Bitakayena

i have no idea what this word means or where you are taking it from but "bitcoin" itself is not hack-able. the way private keys are (a random number in an unbelievably huge range), and how the hashing to get the public keys and bitcoin address (ECDSA and SHA256 which are irreversible) makes it un-hack-able!

your wallet is hack-able though. if you are not careful, use a weak password or have a compromised machine that you use for your wallet.

ps. more than 8 years of being around and not being hacked even once should answer your question though!

Anything is hackable is just about having the necessary skills for it

ajqjjj
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October 28, 2017, 01:49:30 PM
 #46

All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
Yes everything involves online can be hackable by those smart hackers. But then again this  would be avoidable if bitcoin system is really secured. As we see now a lot of investors trusted bitcoin so it must be secured enough for them to continually invest with bitcoin.
Bitcoin is  a cryptocurrency it is processed in online only. So we only careful to save the money. First we must protect our mail id and wallet address. Many hackers are randomly choose the bitcoin address. Once confirm the decision in valid account. Hackers are easily hacking the all the currency. This is major issues in the Bitcoin thread.


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October 28, 2017, 01:51:18 PM
 #47

for a clever hacker everything in online is nothing for him.if someone gave accidently his private key,there is nothing to do. private keys are a random number in an unbelievably huge range, so it is hard to guess praivate keys Cool Cool Cool
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October 28, 2017, 01:52:25 PM
 #48

Bitcoins is very very difficult to be hacked if ever. Because of the number numbers in each account that you need to arrange before you can hacked it.

Bitcoin private key is really hard or we can say impossible to hack but the wallet can be hacked if they security measures are not set if the user has weak password and has not enabled all other security features, but Bitcoin it self is unhackable. We have not seen any case in which Bitcoins are hacked.

If you are storing the private key on any computer then you should assume it's compromised too. Bitcoin encryption is hackable it would just take a few hundred years per key to break. bitcoin was hacked when it first started where the hacker duplicated coins
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October 28, 2017, 02:04:34 PM
 #49

probably not easy to hack the bitcoin depending just on how he kept his account sometimes there was an incident that the private key was given instead of public key address.

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October 28, 2017, 02:05:49 PM
 #50

Bitcoin is hackable as far as your private key or wallet identifier is accessible. just make sure you safe guide your wallet. But if you mean hacking the entire blockchain, the possibility is very thin because the developers are not sleeping.

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October 28, 2017, 02:12:19 PM
 #51

At the beginning maybe there was a time where you could have hacked Bitcoin by gaining a majority of the hashpower and starting another forkcoin with majority PoW, but not now there is too much to be changed.
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October 28, 2017, 02:37:23 PM
 #52

I didn't heard any news or some complains that bitcoin system was hacked though bugs from the system is in it I supposed, and for over 8 years even though it was an open-source kind of software it was never happen. I think you should know that the system is not hackable but the wallets that where you put your coins is the vulnerable one and does really prone on some hacking activities. So be sure to secure your private keys on fraudulent people that might interest for it, especially if you own lot of bitcoin.

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October 28, 2017, 02:37:44 PM
 #53

you don't really need to be an expert to know this and you certainly don't need to read anything technical to know it either. you just have to look at what has happened so far..
bitcoin was not created yesterday like an altcoin, it has been around for many years and all these years it was worth a lot of money in total, and that is enough incentive for hackers to try to hack it day and night.
and as you can see they have been failing so far.

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October 28, 2017, 02:40:18 PM
 #54

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
In my own opinion, i think there are some hackers who can hack bitcoin easily but if you have a good security in your software maybe they cannot hack it, and aother way some hackers could hack your account is by making some fake websites and fake wallets that will result as a virus. Don't you worry many people says that there are less chance that you can be hack by hackers.

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October 28, 2017, 02:54:13 PM
 #55

Bitcoins is very very difficult to be hacked if ever. Because of the number numbers in each account that you need to arrange before you can hacked it.

Bitcoin private key is really hard or we can say impossible to hack but the wallet can be hacked if they security measures are not set if the user has weak password and has not enabled all other security features, but Bitcoin it self is unhackable. We have not seen any case in which Bitcoins are hacked.

bitcoin is stil hackable because it is in an online environment therefore it is prone to hackers , malwares, and viruses not unless you store your bitcoins offline in a cold storage or in a hardware wallets like keepkey and trezor. although it doesnt really matter to follow these strict security measures if your bitcoin is not that much or you dont do business that involves big capital.

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October 28, 2017, 02:54:46 PM
 #56

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

Hmm.. The truth is that bitcoins security is very tight and that's something to be happy about. Even if there's a hack I think the only problem would be the anonymity part cos all the transactions can be traced since its going to be recorded on thee blockchain but the wallet would be faceless and all that. But that's why the developers are always working to make it secure daily so as to prevent that kinda stuff happening

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October 28, 2017, 03:30:46 PM
 #57

Bitcoins is very very difficult to be hacked if ever. Because of the number numbers in each account that you need to arrange before you can hacked it.

Bitcoin private key is really hard or we can say impossible to hack but the wallet can be hacked if they security measures are not set if the user has weak password and has not enabled all other security features, but Bitcoin it self is unhackable. We have not seen any case in which Bitcoins are hacked.

that is right and unless we don't save our private keys in safety place then i think it will open the chance for the hacker or other people which close to us to trying to access our wallet. we can see many people is not thinking about this and after they are getting hacked or the private keys is used by other people, they become angry but this is because their mistake. so we need to thinking to save the private keys so we don't have to be worried about bad things that could be happen and the most important is we can avoid our wallet balance being stolen.

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October 28, 2017, 03:36:42 PM
 #58

Everything can be hacked. Even without online even our uses. It depends on the owner how he keeps his belongings. And I'm looking at the developers of bitcoins that we only know on the call Satoshi Nakamoto. Even with his personality we do not know how we can steal something without the source of suspicion. So think bitcoins are hard to steal and it's definitely going to make you here for many years before you take a step in your plan

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October 28, 2017, 03:41:28 PM
 #59

To achieve today's success. Bitcoin must have a lot of credibility, so hacking Bitcoin is unbelievable, try to get it with your hands  Wink Wink
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October 28, 2017, 03:42:33 PM
 #60

Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

Based on my understanding, everything in this world that possesses a monetary value is hackable, be it Bitcoins or people's bank accounts that contains real fiat values in their accounts that get swiped in a second without their permissions. Though, if we compare, bitcoin is much more secure over fiat bank accounts as these accounts only need your password to be hacked which looks somewhat easier than hacking Bitcoins' private key. Unless you leave some slits in your own system like leaving it shareable over the network or let others use it through any means, you are not prone to such hacking possibilities.

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