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Author Topic: Is Bitcoin Hackable?  (Read 4056 times)
Mjeramirez
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December 08, 2017, 11:30:50 PM
 #161

Everything is hackable in the online world it just depend on the level of security the developer provides. Bitcoin is one of the safest cryptocurrency due to its multiple developers working and updating the system day and night, also the it is the most valued and trusted by investors around the world.

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December 08, 2017, 11:37:35 PM
 #162

Can anyone clear to me the news to nicehash.  It says theres an exploit in the nicehash system that allows them to create any amount of bitcoin ,they can use their huge number of miners to backup this exploit? 
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December 08, 2017, 11:39:19 PM
 #163

The blockchain technology prevents that, however I believe that anything online can be hacked.
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December 08, 2017, 11:44:20 PM
 #164

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?

Actually, no one can hack Bitcoin. But for the BTC, most people would have to have an electronic wallet at a site such as Coinbase, which hacking into those sites to steal the BTC is entirely possible. There is no such thing as perfect security, only good security, such as setting a strong password, enabling 2-step authentication, blocking access from unknown computers. But the fact is that trading with Bitcoin is still the safest way  Roll Eyes

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December 09, 2017, 12:00:29 AM
 #165

It can be hacked. But it depends upon you on how are you gonna take care of your wallet . There are 2Rf codes that could help in securing your very own account. If you're willing to do that then you can be secured.

Everything which is connected to technology is hackable in different ways. People were so smart that they come up with hacking techniques. I therefore conclude that BTC can be hacked. Nothing is safe actually. Though we feel safe. It is just a feeling. When there is safe, of course there is danger.
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December 09, 2017, 12:36:36 AM
 #166

Too many trusted security system have for bitcoin holding. I think you can hold your bitcoin via many security way! like as 2-factor authentiion.
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December 09, 2017, 12:41:57 AM
 #167

Yes bitcoin is hackable that is why you have to be extremely careful so you dont loose money
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December 09, 2017, 01:01:03 AM
 #168

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?

Everything online is susceptible to hacking. Your security depends on you. Your knowledge and know-how can save you from those kind of harm. Hackers usually attacks those who have large amount of Bitcoin stored in there wallet. What most of them people did is to store it in a cold storage or offline storage (you can research about it on google.) although there are strong security measures thats being implemented in our wallet making it more safe from being hacked, but dont get to comfortable with it, take a constant security check on your perimeter.

R


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reingelz09
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December 09, 2017, 01:07:23 AM
 #169

No is safe in the internet. Every account is hackable.
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December 09, 2017, 02:19:23 AM
 #170

No is safe in the internet. Every account is hackable.

I agree with this, we must secure our own account from the attacker. if we are online on internet, then every time we make an account, that account has the possibility to be hacked. so this is why that we need to concern with what we do on the internet so in the future if something bad happens, we don't regret it for being hacked.

tinystone26
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December 09, 2017, 02:25:16 AM
 #171

Yes agree that bitcoin is also hackable because it also a man made system but I think it is not gonna happened so easy like how bitcoin still alive since he was introduced in 2009.

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chuongvannguyen02
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December 09, 2017, 02:27:13 AM
 #172

Bitcoin can be attacked but that can not happen at the present time, if it can be attacked then that has happened.

migolmigol
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December 09, 2017, 02:29:30 AM
 #173

Bitcoin can not be hacked. But what are the hackers are focusing is the account or an address. Which is hackable and contains Bitcoin that hackers would transfer into their accounts. So with that, we have to be careful and know how to secure our account. Do not trust any person of your log in details and always see to it to have a strong password that is being changed regularly.

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2023 would most likely be as bearish as 2022


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December 09, 2017, 02:48:50 AM
 #174

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?



Blockchain tech , bitcoin network hacking is very impossible. Do not even think about.

But wallets can be hack and steal your bitcoin. Use a offline wallet is best. Online wallets that private key with you i can recommended

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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December 09, 2017, 03:25:03 AM
 #175

Bitcoins can't be easily hacked because it has cryptographic security which prevents hacking of transaction of money. But when the Account is open to public instead of keeping it private then there is a chance of the account to get hacked because viewers can read the code when your account is in public mode.
etsonarrantes
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December 09, 2017, 03:30:39 AM
 #176

Yes i think it's hackable. But i heard that if some hacker wants to brake our 12 words Bitcoin account phrase, it would take 4 years to brake. So it's not impossible but i don't think that anyone wants to spend 4 years on that Smiley But ofcourse you have to choose your "bitcoin wallet" visely..
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December 09, 2017, 03:48:49 AM
 #177

Of course bitcoin can be hacked, but you need to hack all the computers in this world that are connected with bitcoin, so you have full control with bitcoin.

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December 09, 2017, 03:49:14 AM
 #178

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?

maybe we can not say bitcoin can not be hacked, it might happen someday. But as we know bitcoin runs based on blockchain where the blockchain is a bitcoin transaction ledger. so if someone wants to hack the bitcoin he / she should hack the blockchain run by millions of people. but we also can not say that bitcoin is safe because there are many methods to get it is not kosher than hacking is stealing it by entering trojan virus in android app or ios and stealing data related to your wallet. and do bitcoin delivery without you know
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December 09, 2017, 04:29:01 AM
 #179

Yes bitcoin is hackable, but that doesn't mean that it is easy to hack, the ones managing bitcoin are placing very high security to prevent hackers to hack their system and also takes a lot of skill to perform this kind of hacking.
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December 09, 2017, 04:35:16 AM
 #180

Everything can be hacked, but putting high security and careful will be very safe
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