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Author Topic: Is Bitcoin Hackable?  (Read 4061 times)
fairytale
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March 16, 2018, 05:07:22 AM
 #361

Yes, there are chances of this happening. A lot of exchanges were hacked by hackers and some even shut down due to this.

Yay! that is too scary. I already secured my wallet had strong passwords too. Can it still happen? Aside from securing our wallets is there any other option to prevent it from happening?
cyberkuto
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March 16, 2018, 05:15:33 AM
 #362

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?

Yes, it can be hacked.   But of course,  you can prevent that from happening,  by just making sure that you are logging in on your personal pc or phone and make sure no one knows your password.  Other possible things that might stole your information is when you download risky software on your phone or on computer. Hackers can take advantage of it to view your information using their software.  Better not to download to unsecured site.
Pandacomel
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March 17, 2018, 08:49:16 AM
 #363

The issue of security has been a fundamental one for bitcoin since its development. On one hand, bitcoin itself is very difficult to hack, and that is largely due to the blockchain technology which supports it. As blockchain is constantly being reviewed by bitcoin users, hacks are unlikely. On the other hand, though, the fact that bitcoin itself is difficult to hack does not mean that it's necessarily a safe investment. There does exist potential for security risks at various stages of the trading process.
rubyross
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March 17, 2018, 08:51:27 AM
 #364

I think it is since it is online.I believe everything online is hackable.Hopefully this wont happen here.
Raufjoze
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March 17, 2018, 12:28:17 PM
 #365

Your bitcoine may be hacked if you have a security: so you do not have to click your security link, so your BitCoin Safe:

We all must be vigilant to protect our personal data, wallets or other. Because once we have an account on the internet site it means the hackers are also there they try to destroy our account so be alert and protect each account. Here also there are many hackers waiting to destroy our individual accounts.
Relentless1020
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March 17, 2018, 12:42:04 PM
 #366

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?

I don't know if it is hackable. If bitcoin is really hackable, I don't think it would be nice. I cannot stand to have a money that I earn from the bad way, I cannot stand to feed my family from the money which I know it came from a bad idea.
jeanpadel14
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March 17, 2018, 12:45:57 PM
 #367

The issue of security has been a fundamental one for bitcoin since its development. On one hand, bitcoin itself is very difficult to hack, and that is largely due to the blockchain technology which supports it. As blockchain is constantly being reviewed by bitcoin users, hacks are unlikely. On the other hand, though, the fact that bitcoin itself is difficult to hack does not mean that it's necessarily a safe investment. There does exist potential for security risks at various stages of the trading process.


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Phyton76
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March 17, 2018, 01:09:24 PM
 #368

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?
Yes,bitcoin can be hacked of other people because we all know that bitcoin is very open to all people and we did not know each member of this cryptocurrency.The people is anonymous in this cryptocurrency so that there is a possibility that you can be hacked by other people unless if you are very vigilant to your bitcoin.
Boknoyz
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March 17, 2018, 01:19:58 PM
 #369

everything is hackable. Just make sure we all are saving all our wallet of and private keys in a safe place, far away from personal approach. I also suggest start using Google authenticator everything a login happens so that security is maintained always. I myself never ever save any passwords on the systems. Just be aware, use as much security u can for protection of btc accounts.
teeevnglst
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March 17, 2018, 01:34:47 PM
 #370

the bitcoin itself is not hackable the only that is can be hacked is your online wallet using weak password, getting phished , clicking on random ads this is the way hackers can access your belongings so be careful though but by goods internet habits this can be avoidable.In my opinion almost all can be hacked but the thing is the amount of time for it to be hacked, bitcoin is not really unhackable but its almost impossible to hack because the amount of security it have.

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ValerKat
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March 17, 2018, 02:05:37 PM
 #371

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 technology prevents hacking, but if you don't take care about security of your wallet, don't check the address of your wallet before every transaction you can lose crypto.
orarider
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March 17, 2018, 03:24:03 PM
 #372

I think bitcoin will be attacked because so many people invest in it. The bad guys will break into bitcoins to earn huge profits that bitcoin brings. We need to protect the bitcoin from the bad guys.
Biastar
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March 17, 2018, 03:27:11 PM
 #373

when you are working in an online platform it would then be at risk of getting hacked, so everything that exists online is not hack proof.
So I think the question to ask would be if Bitcoin is more secure than the others?
then I would say, probably yes. It has survived and thrived for very long, and I don't see any reason to believe that their online security is poor.
goku21
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March 17, 2018, 03:29:37 PM
 #374

I know that they can not hack the bitcoin because of its security and only dev can access it because he just made bitcoin as well as security
thaitea.deluxe
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March 17, 2018, 04:37:15 PM
 #375

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?

What is 'Bitakayena' dude? i think your google translate was broken.  Grin
It is impossible to hack bitcoin. Bitcoin is cryptocurrency, a currency that have a crypto mechanism.
crypto means 'encrypt', and there is no one can decrypt the cryptocurrency.
tikaka
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March 17, 2018, 04:48:36 PM
 #376

this can happen. You can attack by hackers. They can steal your password if you do not guarantee your wallet password is secure. Be careful with every time you log in. Use long and multi-digit passwords

Kurokyy
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March 17, 2018, 05:09:31 PM
 #377

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 cannot be hacked, its the bitcoin wallet who is hackable if you do not take care of your private key of your wallet. But dont worry, there are so many ways to prevent being hack by hackers. First is hide your private key into a safe where you have only access and make a 2fa authentication.

megalith07
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March 17, 2018, 05:15:47 PM
 #378

Everything that is put online is hackable Btc wallets are the main thing that hackers are focusing on. With stolen private keys they can do ponders Btc alone can likewise be hackable by the very expertise hackers. You can never realize what the future will bring and cause that the holders of the Btc can dare to dream that Btc will never be hacked.
AliMan
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March 17, 2018, 05:17:22 PM
 #379

Everything that is put online is hackable Btc wallets are the main thing that hackers are focusing on. With stolen private keys they can do ponders Btc alone can likewise be hackable by the very expertise hackers. You can never realize what the future will bring and cause that the holders of the Btc can dare to dream that Btc will never be hacked.
Most of the files, data, and information  in computer can be hacked. Even bitcoins are trying to exploit by hackers to steal some money from you. This is where I am intrigued about, who are the security professionals of bitcoin in blockchain? We know that we invest so much bitcoin is because it is very safe and secured. Well, if who are they, we must very thankful to them.

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StevenPop
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March 19, 2018, 01:01:18 PM
 #380

Bitcoin is now hackable. The only way you lose your bitcoins is if you were careless with your private keys and you fail to secure your wallet properly so it would be as a result of your own carelessness really.
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