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Author Topic: Is Bitcoin Hackable?  (Read 4061 times)
jackylion
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March 19, 2018, 01:22:13 PM
 #381

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?
Not easy to hack a wallet of others. If you are careful, you should not visit the bad sites, Do not click on the hacker's rogue links. So they will not be able to take your wallet. Be careful on your computer.

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hydeevanz
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March 19, 2018, 01:28:18 PM
 #382

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?
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

Read more: Can Bitcoin Be Hacked? | Investopedia https://www.investopedia.com/articles/investing/032615/can-bitcoin-be-hacked.asp#ixzz5ACWy2JM8
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Wittycoin
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March 19, 2018, 01:33:32 PM
 #383

Ofcourse bitcoin is hackable but I know bitcoin's crew is doing averything to make every wallet secured, except if you mistakenly send your private key public, it's another story.
BlackRacerX
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March 19, 2018, 01:33:41 PM
 #384

I think the bitcoin itself cannot be hacked but the wallets, the websites that have access to your bitcoins can. Everything is indeed hackable given enough power and guts to do so. Your best bet in protection is probably offline wallets and safe networks to connect to when accessing your bitcoins.

Pansamantala
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March 19, 2018, 01:35:44 PM
 #385

Bitcoin is one of the most secure products in the internet when it comes to its vulnerability to unwanted hackers. After all it is money we are talking about here. Moreover, a lot of hacking cases where bitcoin is involved is mostly caused by human error, meaning these people might have mistakenly made their credentials to public where hackers can see
patrickreiner
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March 19, 2018, 02:21:00 PM
 #386

So far, bitcoin has not been hacked and it seems highly unlikely that it will get hacked. At least until quantum computers come out
RIYA0001
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March 19, 2018, 04:43:09 PM
 #387

All the bitcoin transactions are performed through internet only and there are possibility of hacking bitcoin . We have to be aware and wait as system is trying to form systems for stop hacking.
Ewinsane
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March 20, 2018, 06:41:15 AM
 #388

I think it is since it is online.I believe everything online is hackable.Hopefully this wont happen here.
There is no such way of hacking bitcoin itself as it is really a difficult thing to do but still your bitcoins which you have put in your own wallet can be in danger and that they can be steeled by the hackers as well. We all know the power of the hackers and that we can’t deny it but still you need to stay very aware of them and that you need to take certain precautionary measures which can help you in having no fear of hackers.
Naughty Princess
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March 20, 2018, 07:00:15 AM
 #389

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.
The one who owns bitcoin is the one that can be hack by hackers but bitcoin itself is not. It is good to place strong security for your wallet, never forget and keep the keys in safe place where no one knows to access but only you. There are many sites that is not safe to use, beware of it because sometimes it is the way why hackers can get access to the wallets.

playful69
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March 20, 2018, 09:30:14 AM
 #390

The issue of security has been a fundamental one for bitcoin since its development. 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.
AdoboCandies
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April 01, 2018, 02:33:27 PM
 #391

I think it is hack-able it depends on the wallet that you will use and the strength of the security and also the carelessness of the user just like some scam websites that you will input your wallet password, but now i don't see some users that their account was hack i only see that they lost it or forgot the password, in these days everything is hack-able it just depends on the user and the security you will input.
priasmoro
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April 21, 2018, 04:37:27 AM
 #392

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

absolutely sure security that has been prepared very detail and thorough and not just any system can enter it.
but it does not allow anyone to dare to play behind or his master's dinner weapon.
xhoondilan
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April 21, 2018, 05:44:36 AM
 #393

From what I read online coinbase wallet is always been hack and many hacking incident from the other wallets, the reason why they are hack is this: "The problem, as researchers fromthe security firm FireEye told. The Verge, is Coinbase’s API key. “Used to let third-party apps access Coinbase accounts, the right API key will let any program move Bitcoins in and out of a given accounts. Once the key is compromised, attackers can even access linked bank accounts to purchase more Bitcoins. Users are advised not to authorize the API key if they don’t need it" Our bitcoin is not safe so we should be aware on what security has in our wallet address.

here is the blog: https://99bitcoins.com/hackers-coinbase-bitcoin-thefts/?gclid=Cj0KCQjwn-bWBRDGARIsAPS1svtirete16bG5Yrq-NtVPYGODZtplZDPpNnxQxMt6iE2Ti5vq6kLlLUaAkEeEALw_wcB

summerbray
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April 21, 2018, 05:49:00 AM
 #394

Waiting for quantum computers, it will be interesting to watch battle between cryptotechnologies.
Nowadays the one and only way is to hack wallet information.
goku21
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April 21, 2018, 05:51:32 AM
 #395

think not because of its very strong security and no hacking of this bitcoin or just like and only accessing it is and working and the owner of bitcoin so while lower value of bitcoin buy it now
RedzoneASE
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April 21, 2018, 06:01:58 AM
 #396

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 think btc has a very solid system security which I think until now no one breach it. The fact that there is no major hacking issues in btc for over the decades is the proof.

summerbray
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April 21, 2018, 06:04:54 AM
 #397

Well, bitcoin is difficult to hack because of the blockchain technology that supporting it. Though bitcoin itself is difficult to hack, it does not mean that there is no potential risks in security.
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April 21, 2018, 06:11:20 AM
 #398

the coin itself cannot be hacked, as it is placed in a distributed network, however the wallets are hack-able, so change the passwords frequently 
al maruf
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April 21, 2018, 06:14:06 AM
 #399

Hacking is not done for more than 8 years or even once your question should be answered, if you use a weak password you will be ready to be hacked, because 1 bitcoin means a lot, so hackers go behind, So You need a strong password.
jSexy
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April 21, 2018, 12:33:06 PM
 #400

Everything can be hacked but it depends on you on how you gonna take care of your account.
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