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Author Topic: Bitcoin can be hacked?  (Read 2710 times)
Sean25pogi
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January 30, 2018, 05:22:05 PM
 #261

 it is your wallet address that can be hacked. Not specifically the bitcoin. Bitcoin is something bigger to manipulate, but be careful of your wallet addresses.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Sean25pogi
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February 06, 2018, 05:21:53 PM
 #262

Yes the bitcoin can be hacked since everything in this world has a possibility to happen. There are lots of IT experts can do that such thing.
All I know is the bitcoin provides a security to prevenet that situation may happen in order to protect the investments of their investors.
Harri Wolter
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February 09, 2018, 02:14:02 PM
 #263

There are two Bitcoins:

Bitcoin protocol: The technology that makes up the protocol.
Bitcoin blockchain: The most popular implementation of the technology.
The Bitcoin protocol uses cryptographic technology that has not yet been hacked. (If it were hacked, there are much bigger problems to worry about).

The Bitcoin blockchain relies on a network of operators to make sure the blockchain/ledger/database tracking BTC accounts and balances is current and reliable.

What makes the Bitcoin blockchain theoretically reliable is that no single operator can make unilateral changes to the database. To do so would require controlling a majority of the computing power used to validate changes to the database. Roll Eyes
proearner12
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February 09, 2018, 02:17:13 PM
 #264

Yes bitcoins can be hacked on third party sites. Some time third party sites like coinbase, blockchain and many other bitcoin wallet provided gets ddos attack and small loop hole in these exchange makes hacker to hack bitcoins easily.
Rolf Walker
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February 09, 2018, 02:17:50 PM
 #265

There is a big difference between hacking BITCOIN and stealing BITCOIN. One need to understand that BITCOIN can not be hacked however it can be stolen from your exchange wallet, your cloud bases wallet or any other source where the internet can reach. If you want to save your BITCOIN you can store them in hardware wallets like trezzor or ledger s. So BITCOIN can not be hacked, it can be stolen and transferred from your wallet to the hacker's wallet
Mark Sherman
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February 09, 2018, 02:18:57 PM
 #266

More likely than a double-spend hack is that the perceived anonymity of bitcoin transactions will be "hacked" via traffic pattern analysis tools.

Every transaction is public forever, and it's quite easy to follow the correlation of keys to individuals with a little bit of code.  Bitcoin's nowhere near as anonymous (or even pseudonymous) as people treat it.
josephpogi
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February 09, 2018, 02:24:04 PM
 #267

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
Based on my own observation , it will never be hack by someone.Just make sure your account isa safe and secured .I used online which will never be hackable. Is it safe for more than a months of working with bitcoin I am surely that is it safe.
gabinsight
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February 09, 2018, 02:30:20 PM
 #268

A users Bitcoin (Crytocurrency) Wallet can be hacked.. That's why we are warned to keep the details of our Bitcoin wallet to ourself and also be careful of the sites where we are needed to enter such details, some the platforms could have programmed by hackers.
Marry Finch
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February 09, 2018, 02:39:05 PM
 #269

At present Bitcoin system has quite reliable protection against hacking and unauthorized actions. This protection is provided by:
reliable and open source code;
reliable cryptographic algorithm of hash function SHA256;
reliable protection against "51% attack", making it very expensive.
In the whole history of Bitcoin's existence (since 2009), there has not been a single serious incident related to security and burglary, which has led to fatal consequences.
Hacking of crypto-exchange exchanges, or other services on which private keys of users are temporarily stored, is not in fact a breach of the Bitcoin system.
musta5a
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February 09, 2018, 03:03:20 PM
 #270

Speaking with some ethical hackers, it seems the answer is no except for 51% attack which is very much unlikely at this stage. Crypto users just need to be aware of their wallets security practices as that is really vulnerable part.

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alekseidanilov0803
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February 11, 2018, 06:06:44 PM
 #271

now everything can be hacked, everywhere can kill, everywhere can be robbed ... do not worry
ogtejiri
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February 11, 2018, 07:30:43 PM
 #272

I can't say "yes or no" because since in the history of bitcoin, we have never heard that any account has been hacked even till date...
Maladaro
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March 02, 2018, 09:19:37 AM
 #273

The weakest link in bitcoin's security model is you. If you get robbed, hacked, hit with a rubber hose until you give up your private keys, etc, you're the easiest point of failure for an attacker to get your coins. There is virtually no chance that bitcoin will be "hacked" in the sense that the network will permit people to steal your coins. It relies on some pretty strong cryptography; if you want proofs, you'll want a CS or math degree to understand fully.
anjaydut
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March 02, 2018, 10:51:40 AM
 #274

I think bitcoin is hard to hacked because of the secured cryptocurrency unlike any other altcoin
I've never heard of a case, losing bitcoin from a user's wallet.
which I know hackers hack into a bitcoin market place, because it's impossible to break into a bitcoin wallet, because it has a high security system.

Crytptomeniac
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March 02, 2018, 10:57:41 AM
 #275



Possibilities of BTC getting hacked are super minimal as it operates on a hack proof system called blockchain, blockchain guarantees safety and anonymity of its users protecting them from the hackers.
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March 02, 2018, 11:13:57 AM
 #276

Bitcoin can be hacked when you did not handle your password and other keys in a very safe manner.  Doing some precautions is very important specially when doing online transactions.  Be familiar with the links in some websites it can be a way for others to access your wallet and get hacked.
deviant99
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March 02, 2018, 12:47:14 PM
 #277

I have heard a news about a friend that loses his bitcoin but I kept on thinking how is that possible because in order for you to hacked it is that you need to have or find a private key for that. It’s very difficult and time consuming to hack it. But for some that is very dedicated to hack it, maybe he can succeed. But I hope that will not happen to everyone.

 
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coinbitw
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March 02, 2018, 12:52:45 PM
 #278

Yeah, it can be hacked that why one of the disadvantages of Bitcoin is risky. Some are using your transactions(by phising)/fraud, scams and many more but there are some ways or internet things/facilities used to reduce those risk. Try to search on those such and take to read more info.
Paractor
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March 02, 2018, 12:57:45 PM
 #279

The weakest link in bitcoin's security model is you. If you get robbed, hacked, hit with a rubber hose until you give up your private keys, etc, you're the easiest point of failure for an attacker to get your coins. There is virtually no chance that bitcoin will be "hacked" in the sense that the network will permit people to steal your coins. It relies on some pretty strong cryptography; if you want proofs, you'll want a CS or math degree to understand fully.
While these points are valid and true it is up to the user to protect him or her self from being hacked and swindled.
Nobody is going to hold your hand in not getting robbed when it comes to a virtual digital currency because more than likely they are the ones who will be taking your bitcoins.
As for protecting yourself from getting hacked have a point of disconnect put in place.
That way you will not give those who look to hack you the chance to even be able to try. Embarrassed

Pendularin
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March 02, 2018, 01:00:04 PM
 #280

I have heard a news about a friend that loses his bitcoin but I kept on thinking how is that possible because in order for you to hacked it is that you need to have or find a private key for that. It’s very difficult and time consuming to hack it. But for some that is very dedicated to hack it, maybe he can succeed. But I hope that will not happen to everyone.
We are not careless in our private keys but it has possible to lose our BTC.The reason is We dont know the system wether it is surely secured there are a lot of anonymous hacker or good in terms of computer by hacking another account. All we can do for now, always maintain online your account or look for the possibilities may happen.
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