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Author Topic: Should I Be Scared Of Hackers If I Have Lot of BTC.  (Read 4107 times)
marcuslong
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November 22, 2017, 03:53:09 PM
 #61

Why you should if you know how to secure your account also if you are using your pesonal wallet ehih are connect to your computer and other if you are using hard wallet which is more safer than using web wallets which has a chance to hack but mostly if i were you i will secure it with secondary password and everyting you can.
ladydark
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November 22, 2017, 05:41:37 PM
Last edit: November 27, 2017, 07:15:29 AM by ladydark
 #62

Its better for you not to use exchange wallets as it may get hacked anytime.Unless you disclose your private keys publicly,your wallets are safe.But you should be careful when downloading the wallet whether it is from the official website or it.If not,your bitcoins might be compromised.

w5pn73
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November 22, 2017, 06:12:56 PM
 #63

As long as you don't fall for any phishing sites or download any unknown scam wallets or software you should be fine.
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November 22, 2017, 07:13:18 PM
 #64

the quality of personal account security will increase along with the increase in the number of balances btc we have, surely many people will improve their security capabilities, hackers is a disease that will always exist and that's where they actually remind us to improve the quality of security we have.

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boboking
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November 22, 2017, 07:23:52 PM
 #65

If your wallet has been hacked basically you cannot do anything, Bitcoin transactions are irreversible. But just in case you need to change wallet just to be safe because you might be a victim of phising.

You don't need to be scared but you need to be vigilant specially if you have a lot of coins on your wallet.
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November 22, 2017, 07:31:35 PM
 #66

there are actually hackers everywhere, the best thing is to enable google authenticator.
nesh1
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November 22, 2017, 07:35:25 PM
 #67

There are two ways you should be scared if you have a bad wallet and do not know much about bitcoin and do not know how to keep it and you should be not scared if you have a good secure wallet like blockchain.
harizen
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November 22, 2017, 07:37:28 PM
 #68

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?

If you know and aware to some of the effective obvious ways to protect your precious coins then you are good to go. Sometimes hacked bitcoin (by individual users) are because of human error and not because of the whole bitcoin network and system itself.

Just be relax and comfortable since too much worrying might lead to an overacting action on which you may didn't noticed that you already doing a wrong thing to protect your bitcoins. There are already lots of responses here that can give you an insight on ways to secure your coins.

Hope that you understand some of the points here.

What should I do If My wallet or BTC gets hacked?

Although chances are low to get your coins back, it's still worth it to do investigation. If you are storing on offline wallets, try to analyzed the situation before the hacking scenario and take notes of all instances. On the other hand, if you are storing on web wallets, then it's depend on how it was loss, maybe because you have some errors or the site itself robbed* you.

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thet
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November 22, 2017, 08:28:27 PM
 #69

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?


Hackers are everywhere. So for me, you should not put your btc in a single wallet. It is just an advance thinking to keep your bitcoin safe to all hackers.

24core
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November 22, 2017, 08:42:48 PM
 #70

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?

Just be sure to spread out your bitcoins to multiple wallets. Keep everything save in several external drives.  I even go an extra step and use encrypted USB's.

tss_ben
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November 22, 2017, 09:03:00 PM
 #71

Never lose your private keys to hackers again when Token Security Scheme launches its project next year  Wink

We are working on a crypto-security platform project to make blockchain safer for everyone.

Do check out this project here
Website: https://www.tsstoken.com/
ANN Thread: https://bitcointalk.org/index.php?topic=2177307

Cheers!

Aura
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November 22, 2017, 09:13:00 PM
 #72

If you're really paranoid than you could use an old desktop/laptop that is not connected to the internet in combination to sign transactions offline. Then you also need an online wallet to create unsigned transactions and to broadcast the signed transaction to the network. This is very safe setup for holding large amount of Bitcoin.
groko271
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November 22, 2017, 09:26:09 PM
 #73

just keep your mouth shut (if you have a lot of bitcoin). Most people on here dont hold many coins ( i saw in a thread a while back) but those that have a shitload of bitcoin mostly remain silent about their stash. This is one way to keep from being a hackers target.
richardsNY
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November 22, 2017, 10:45:42 PM
 #74

just keep your mouth shut (if you have a lot of bitcoin). Most people on here dont hold many coins ( i saw in a thread a while back) but those that have a shitload of bitcoin mostly remain silent about their stash. This is one way to keep from being a hackers target.

Keeping your mouth shut is rule number one when it comes to your Bitcoin wealth, but that doesn't mean you're safe from all threats coming from the internet. Even if you browse through well known sites (news sites, web shops, forums, etc) your system might end up getting infected. People quite often only focus on not clicking links, not opening emails they don't know/expect, not download anything, etc, but they ignore that browsing through websites is enough to get infected. I have experienced this once with a very popular news site, and that while I am extremely paranoid when it comes to my overall PC security. Good thing is that nothing is stored on my system since I use a hardware wallet as cold storage. I just secure erased my hdd and installed a fresh copy of Windows. No damage caused.
darkangel11
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November 22, 2017, 11:01:00 PM
 #75

just keep your mouth shut (if you have a lot of bitcoin). Most people on here dont hold many coins ( i saw in a thread a while back) but those that have a shitload of bitcoin mostly remain silent about their stash. This is one way to keep from being a hackers target.

That's a great advice as greed is your greatest enemy. If you keep telling everyone how much you got someone may try to take it from you, you just never know.
That's why when you're keeping money at home it's best not to have a big, expensive safe. A hole in the wall behind a tile is a much safer place to keep money because every alarm can be disabled and every safe can be cracked, but you can't steal what you can't see.
That said, to a hacker you're just one of billions Internet users, he can't find you and he can't know how many coins you're holding until you point him in the right direction yourself.

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yen10
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November 22, 2017, 11:01:17 PM
 #76

Yes, I think its normal to be scared specially if you have a lot of bitcoin in your wallet, but the key to secure your bitcoin is your carefulness. Hackers will only access your wallet through phishing sites and through your private key, so you have to keep that in mind. Also use a wallet that has a lot of security features in it.
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November 22, 2017, 11:09:03 PM
 #77

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?

You don't have to worry if you are just holding your bitcoin in you wallet. It cannot be hacked remember that. There's a difference between hacking and scamming.  Maybe they're just being scammed not hacked. Nowadays you should be careful on transferring your btc to other btc wallet. The most famous scamming now is fishing so be careful.
Yanisumin
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November 22, 2017, 11:16:50 PM
 #78

The only way for you to lost your BTC is by phishing scams or the hackers stole your private key.

What kind of wallet do you use?
Web-based wallets are tend to be insecure due to how the private keys are stored on the cloud.

I'd suggest to get desktop wallet as you have more controls of your private key, just make sure your PC are clean from malware and junks.

If you're really serious about security you can get hardware based wallet like Trezor or paper wallet, that should be enough.

This is true, other than that, you won't be hacked unless you have a famous name in the community or you are known to have so many BTC, but if you are in the cold storage or wallet that is really safe, for example electrum, then they can't hacked it easily bro. What I mean is this is one of the main features of BTC "SECURITY", if someone can break the system, then this will be a chaos and everyone will be selling all their coins.
Firsts things first is that we must know how cryptography is so safe that there is no technology today that can break the system, or hacked the system.

And yes, Trezor and paper is one of the safest, just have a vault in your house to have extra security, especially if you have 10 BTC or up.

IF you can't afford a cold storage then buy some Anti-Virus, because it is another layer of protection from harmful sites and phishing sites. ALways backed up your seeds or write it up on paper just to be sure. Your computer is a machine and you should be responsible on whatever may happen on your computer. Treat it more than your wallet and never ever trust anyone to have your seeds.

Don't trust online drives (Google, microsoft). The government might be watching you (they have eagleeye or prism project) and its dangerous to have all your files online) Write it down on paper and provide a copies and lock it on a vault at home. The best security is your own home.

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November 22, 2017, 11:22:14 PM
 #79

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?

Yes their are so many hackers to get your bitcoin even thou you save it on bitcoin wallet but i suggest to you that use a offline bitcoin wallet so that you can make sure that no one can hack or get your bitcoin just because it is offline that no one can see or can get your bitcoin because as my friend offline wallet must better than online wallet.
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November 22, 2017, 11:31:20 PM
 #80

I think should be scared.
Be careful to phishing site or web and private kay.
should use lot of features security wallet,also PC security.
Awareness also should be continue .my opinion here.
Good luck!!
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