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Author Topic: Bitcoin can be hacked?  (Read 2710 times)
ActiveWizard77
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December 17, 2017, 03:14:58 AM
 #61

You have the source code of bitcoin, technically you can do anything on it, including hack that you mentioned. But if you wanted to hack, then you have to hack ALL nodes in the world, else you will be in the wrong blockchain.

That's what makes bitcoin hard to hack and if you really need to hack bitcoin, you need more than a power of a million of computer that is why some bitcoin holders fear the quantum computer in existence but I think bitcoin will be ready before it is released in 20 years right? It might be taking of years to be ready and I am seeing that too in bitcoin.

Can't believe that something that can threaten Bitcoin's security is in the works and will be released in a matter of time.
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oaz7t
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December 17, 2017, 03:56:41 AM
 #62

Bitcoins cant be hacked but we cant say anything
If it is on the network then it is vulnerable to attacks
Its next to impossible to hack bitcoins but the wallets can be
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December 17, 2017, 04:00:28 AM
 #63

If bitcoin is hacked (the protocol) then everything else in the world is fucked all at the same time so I wouldn't be too concerned. Just try not to get accidentally nuked or anything and the devs will hard for into a new algo.
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December 17, 2017, 04:04:32 AM
 #64

I don't think that bitcoin can ever be hacked.Because, it would be a great loss to the hacker.The hacker has to spent a huge amount of money than he's gonna have by hacking some bitcoin.

But,actually, I haven't heard of any hacking case.But,I wanna suggest that that don't flash any of your personal details publicly.Make sure that your bitcoin wallet is totally secured.Then,there will be no chance of your bitcoin be hacked.

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December 17, 2017, 04:19:38 AM
 #65

I've been curious about this question. What would happen if there was a bug in bitcoin, and if it was used by hackers, would it lead to the collapse of the cryptocurrency market?

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December 17, 2017, 04:39:06 AM
 #66

Bitcoin can be hacked? many have already hacked bitcoin
the others have their own site where others have their own investment site
there are so many wealthy
you know you're rich
but it's a good idea for those who are struggling to earn a bitcoin after they've just hacked for instant money
they become so delusional they can play time or something
_noname_
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December 17, 2017, 04:39:17 AM
 #67

I've been curious about this question. What would happen if there was a bug in bitcoin, and if it was used by hackers, would it lead to the collapse of the cryptocurrency market?
i want to clear the mind of mate that more and more people are taking interest in bitcoin including big investors and traders and the reason behind it is that bitcoin is the safe area for investing now a days and no one want to take risk while investing money but bitcoin is the secure place that why big investor and other large number of people are investing in bitcoin. if it was possible to hacked bitcoin then hacker will hacked till.
sunita01
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December 17, 2017, 07:20:12 AM
 #68

Bitcoin can not be hacked, but some hackers try to steal. Bitcoin may be hacked, if your wallet is not safe. Your wallet must be double protected.
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December 17, 2017, 07:35:10 AM
 #69

actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion. Sad Sad Sad Sad Sad Sad

No, Bitcoin cannot hacked. It's a great loss for a hacker spending a lots of money for a goal that is to hacked a The server of Bitcoin. Well, I also agree that No system is safe but in Bitcoin, there are a Lots of IT Specialist that is securing and always testing Bitcoin's vulnerabilities. They are always securing it and they maintain the peace in Bitcoin world. If many hackers united, and planning to attack Bitcoin's server, there's a possibility that it will be hacked or down its server but it will rise again and again.

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bitfocus
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December 17, 2017, 07:38:17 AM
 #70

Technically Hacking Bitcoin is totally impossible but your bitcoin wallet can get hacked or phished if you use a low quality password or click phishing links.
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December 17, 2017, 07:43:13 AM
 #71

actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion. Sad Sad Sad Sad Sad Sad

it's a bit silly bitcoin can never be broken, because bitcoin has an interconnected system from server 1 and other servers and is supported with security from blockchain which until now can not be penetrated by any hacker.
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December 17, 2017, 07:52:00 AM
 #72

Bitcoin is secure, but hackers try the maximum to trap users and make use of their bitcoin holdings. With the features that were available it is hard to hack or enter into one's wallet. In this regard the careless of the people were used as an way. So, more we responsible, most will be safety for our holding.

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dustboy
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December 17, 2017, 08:03:30 AM
 #73

Bitcoin can be hacked? many have already hacked bitcoin
the others have their own site where others have their own investment site
there are so many wealthy
you know you're rich
but it's a good idea for those who are struggling to earn a bitcoin after they've just hacked for instant money
they become so delusional they can play time or something

Bitcoin had never been hacked, I doubt any hackers can do it. What have been hacked so far is not bitcoin itself but bitcoin services such as wallets, exchanges, etc. Moreover, I dont understand your other sentences.
I cant imagine what will happen if someone able to hack bitcoin, I think bitcoin will have no values once it is hacked because there will be only one who own bitcoin.
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December 17, 2017, 08:19:16 AM
 #74

Bitcoin itself can be hacked, but bitcoin network can't be hacked because it is decentralized meaning nobody can touch it. You only have to worry if you are storing your bitcoin in something not that secure like web wallets and exchanger, hackers could easily hacked your info and steak your bitcoins without you noticing it, so be careful.
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December 17, 2017, 05:57:01 PM
 #75

Bitcoin can be hacked? many have already hacked bitcoin
the others have their own site where others have their own investment site
there are so many wealthy
you know you're rich
but it's a good idea for those who are struggling to earn a bitcoin after they've just hacked for instant money
they become so delusional they can play time or something

Bitcoin had never been hacked, I doubt any hackers can do it. What have been hacked so far is not bitcoin itself but bitcoin services such as wallets, exchanges, etc. Moreover, I dont understand your other sentences.
I cant imagine what will happen if someone able to hack bitcoin, I think bitcoin will have no values once it is hacked because there will be only one who own bitcoin.
Well I have heard about hacking a few months ago some of people were saying they invested in bitcoin but they lost bitcoin because someone hacked their bitcoin mate just grow up we need to be worry and not to be careless in bitcoin, hackers are very clever and tricky now we should be careful. They have a lot of things to take all of information and things from your PC if you are using bitcoin just use blockchain and put your bitcoin in it as a wallet.

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December 17, 2017, 06:03:00 PM
 #76

actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion. Sad Sad Sad Sad Sad Sad
The strength of the bitcoin network lies in the decentralized network which requires a lot of computer power to manipulate the bitcoin network and as it stands bitcoin is not hackable but on the other hand, wallets have been hacked as a result of people not using strong passwords or they simply use the same password for all their online activists which is bad security etiquette.
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December 17, 2017, 06:13:47 PM
 #77

In my answer is no. Because bitcoin is a protocol..
 It is a digital currency. The bitcoin can only using in online through network. this had more features and advantages.
Most thing is is it is untraceable. If we want to hack we should spend more expensive money than the creating a bitcoin. if the hackers wants to hack this its gain only a loss.
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December 17, 2017, 06:27:35 PM
 #78

I do not think that such a thing can take place now with the current value, many investors as well as many ICO are in the process of risking their money in this field, and I do not think that they have not done a complete study of the risks that could affect their earnings and goals in the future. These people are professional and they never leave a factor without studying or planning, they never wait for the luck or the chance. And that explains their success !

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December 17, 2017, 06:30:50 PM
 #79

Truly. Bitcoin is very much secure. Unfortunately, online wallets are not and are more susceptible targets of hackers.

That is why i prefer to used offline wallet and i did make sure that the computer where i installed my offline wallet is very secured meaning i reformatted my desktop first, installed anti virus and installed the offline wallet plus i never used that desktop to download anything beside that wallet. For me this is the only way how i can secure my Bitcoin.
Hackers always using internet and bitcoin is also available on internet and its now almost in many countries if hackers want to hack bitcoin so I think it’s not possible for them because bitcoin have now a very good experience in market in past bitcoin have faced a lot of fork in different shape so bitcoin know very well about its all fork and  even bitcoin know also that hackers can hack bitcoin but in history of bitcoin we did not see any hack of bitcoin which mean bitcoin is a strong and powerful currency.
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December 17, 2017, 07:35:05 PM
 #80

actually i want to know there is a possibility have to hack this supper e-money, because somebody hack it will be a huge effect for the economy.
pls give your valuable opinion. Sad Sad Sad Sad Sad Sad


Of course, there are many possibilities of hacking the bitcoin, but hacking can be done only to particular area or exchange or wallet and i think this won't affect the global economy to big extent and even there is a global hack then it will take some big time and tons of efforts from hacker to make their plan come true. recent ransomware virus attack has really shaken the world but didn't affect the economy in the worst manner.
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