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Author Topic: Is Bitcoin Hackable?  (Read 4056 times)
joshua05
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January 12, 2018, 05:44:16 AM
 #281

of course, we know that bitcoin is decentralized right now, so no one can access your account, you can only access it because you are the only person holding your private key, it can only be blocked if you are negligent in private you key and maybe if you send it you do not know

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rik2
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January 12, 2018, 05:49:53 AM
 #282

Yes Its Possible to hack bitcoin but that depends whether the attacker is trying to hack directly or indirectly. If someone tries to hack a bitcoin wallet directly they can try to brute force to the private key and that can take a super computer 3years constant trying(and no one is going to keep their money in a address for 3 year). But if someone tried to attack from indirect method then they can spy on your devices so it will be your fault to let them access your device.
supto005
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January 12, 2018, 06:07:21 AM
 #283

Everything can be Hackable which is online base and Bitcoin is no exception to this. But it depends on us how to secure our wallet from being hacked!
yashjaat
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January 12, 2018, 08:09:23 AM
 #284

Your bitcoine may be hacked if you have a security: so you do not have to click your security link, so your BitCoin Safe:
mr.bitcoin2k17
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January 12, 2018, 02:54:00 PM
 #285

I think if it was hackable we wouldn't have such a huge amount of bitcoins stuck and impossible to retrieve Cry
Azzam Khalif
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January 12, 2018, 03:00:57 PM
 #286

Everything can be Hackable which is online based and Bitcoin is no exception to this. But it depends on us how to secure our wallet from being hacked!
Yes, I agree it all depends on how we secure your wallet. If our security is not tight the purse strings certainly easy to compromised by hackers.

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Clifford Lee
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January 12, 2018, 03:25:57 PM
 #287

As you may already know, Bitcoins are blockchains which work on distributed network. Now, just suppose that I am a hacker and I want to perform a ‘man-in-the-middle’ attack while sender A is transferring BTC to receiver B.

Can I do it? Yes.

But will it be valid? No.
Why? - Because BTCs also include something called as ‘Hash’. If I try to change any part of the BTC in the middle, the hash value will chain and when this chain will be validated against all the distributed network across the ledgers, it will simply pop-up as irregular and henceforth discarded. What it means is that a single computer will be fighting against all the computers on the network if they want to make the transaction valid and transfer the BTC to attacker’s account.[1]

BTCs go through the complete check every single time a new transaction is made and verifies the validity of the block against other nodes.
Satish147
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January 12, 2018, 03:28:40 PM
 #288

I can say this is kind of joke, Till now upto 7 years bitcoin proved itself it cannot be hackable at all. But some of the experts are saying that Quantum computing having a capability of hacking the system.

natka
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January 12, 2018, 03:29:47 PM
 #289

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?
  Bitcoin is unrealistic to crack. If only you collect 51% of all bitcoin in your wallet, then all bitcoiners will be ruined Smiley but I think this will not happen in the near future.
paparexon0414
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January 12, 2018, 03:37:51 PM
 #290

Many very intellectual people are out there (if they are the greedy one) who can easily hack bitcoin especiqlly with weak security. We cant tell if one of will be the victim of it. Sometimes even the thoughest security can be penetrated so i hope, people with the knowledge will just help rather than to steal. (afterall that knowledge can give them a lot of profit if they use it in right way)
Bellafatty
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January 12, 2018, 03:51:00 PM
 #291

It can hacked but it depends to you on how you secure your account because mostly this kind of system are hackable nowadays.
Crypto Rock
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January 15, 2018, 06:12:01 AM
 #292

Everything in digital form is hackable, it all depends how difficult it is and if the person/organization who is doing the hack has the skills and the means to make the hack happen.

The weakest part of the system is the area hackers will target, understand what this is in your case, and prepare your defenses.

Adv Tahmina
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January 15, 2018, 06:48:28 AM
 #293

Everything can be hacked.It depends upon you on how are you gonna take care of yoir wallet.If you want to secured your bitcoin or any online account from online put an hard security password  and for your bitcoin wallet strong private keys to avoid risk.
Decimation
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January 15, 2018, 06:52:15 AM
 #294

Considering a user stole over $40,000,000 worth of ETH a while ago by just inputting a couple lines of code, I think Bitcoin is for sure able to be hacked. Just takes time for people to discover new vulnerabilities.
Rossy Akbar
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January 15, 2018, 07:15:42 AM
 #295

as you know, bitcoin is a currencys with anonymous system, so its very natural if one day bitcoin very easy to hack by irresponsible person. But alse back to ourselves how do we manage all of our privacy for bitcoin, so it can't be hack. So safety first being accurately.
Kuchiyose
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January 15, 2018, 07:22:29 AM
 #296

Everything can be Hackable which is online base and Bitcoin is no exception to this. But it depends on us how to secure our wallet from being hacked!

This is how you can be more nimble or smart to avoid irresponsible hackers. Thorough and search for better security Wink
Tambu
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January 15, 2018, 07:27:22 AM
 #297

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 in the internet can be hacked and btc is not exempted on it.  Everything in the internet just only differ in security they use.
Blockchain is hard to hack at this period of time so it implies that the btc is safe.

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TheGodFather
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January 15, 2018, 07:31:25 AM
 #298

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?

With how everything has progressed and transformed into a modern age of technology and computers and networks. everything now is at risk of being hacked and stolen. Especially our beloved cryptocurrencies which are based digitally and even in their bitcoin wallets are still susceptible to a lot of phishing and forced hacking by experienced people
deepakg2m
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January 15, 2018, 07:41:10 AM
 #299

Truly speaking yes!!BITCOIN being an online platform can be hacked .Though BITCOIN security system is very good and also block chain method is used it is difficult to hack but obviously not impossible for any good hacker.

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TeraBitHoven
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January 15, 2018, 11:05:55 AM
 #300

Every online platform can be hacked, but the risk of it for the hacker is very very high. The blockchain system and security of bitcoin seems impossible to be hacked and that makes the chances for the hacker so low.
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