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Author Topic: With Hackers everywhere, How safe is Cryptocurrency?  (Read 4129 times)
weblouartisan
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July 04, 2018, 10:13:11 AM
 #481

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

Cryptocurrency will be safe depending on what exchanger it was been placed on, if the market has a very good security then there is no way for the hackers to steal your coins.

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July 04, 2018, 10:33:25 AM
 #482

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?
As far as I know right now cryptocurrencies one of the most secured sphere of digital money.  Also it is the people who are getting trapped in the scam and fishing schemes. Partly it is their fault.

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July 04, 2018, 11:46:09 AM
 #483

Hackers are absolutely everywhere so we should be careful enough to make our assets safe and secure. Best thing you could do to avoid being hacked is to store your private keys to an offline storage that you are the only one who knew it. Always check sites before clicking to avoid phishing and enable 2fa if possible.

Criminal activity always around every activities, thats why we should always be carefull. We can make our wallet more safe by keep safe our private key. Private key is important factor in wallet security. Always check certificate on web is one thing to safe our wallet

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July 04, 2018, 08:32:33 PM
 #484

This is one of the big problems in cryptocurrency right now.One of the big problems when it comes to online stuff is this hacking issues .Everyone has to be very vigilant and careful about activities of those scammers.They can be very cunning and deceptive. So people have to be aware of their activities and stay safe.

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July 04, 2018, 09:00:16 PM
 #485

In any case, banks deceive people much more than any hackers. Of course, crypto does not have 100% protection against them, but in any case it's better than keeping money in banks.

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July 04, 2018, 09:21:48 PM
 #486

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?
If think hackers don't want small money. They want to hacked ICO that have huge amount of money. But its up to us how we can protect our bitcoins. 

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July 04, 2018, 09:45:57 PM
 #487

Nothing is 100% safe in this world, so in order to minimaise the risk you have to have your private keys written in a piece of paper stored in a safe place away from your wallets adresses, and never put all the eggs in the same basket.
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July 04, 2018, 09:56:01 PM
 #488

Nothing is 100% safe in this world, so in order to minimaise the risk you have to have your private keys written in a piece of paper stored in a safe place away from your wallets adresses, and never put all the eggs in the same basket.
Yes there are many hackers in the world in different parts so it will very good that you can safe your account from hackers, that's why you should proper check your private key of your account because your money is your secure future and your family is depend on this.

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July 04, 2018, 09:57:02 PM
 #489

If you are not naive enough to download suspicious things, and take some care of your passwords, You'll be relatively safety.
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July 04, 2018, 09:57:15 PM
 #490

Actually it's not totally safe because hackers is there everywhere even we don't want to hack it will happen in any person. The best we can do be extra careful in any thing you will do especially to your money.

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July 05, 2018, 12:47:17 AM
 #491

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

Cryptocurrency right now still unregulated market. Its very high risk but i think its worthed. Its worthed because investment return from cryptocurrency equal with the risk. Some coin can make profits more than 50% and even more than 10x.
To eliminate that risk, we should divide our investment in several crypto and not put all money in one coin.

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July 05, 2018, 01:57:15 AM
 #492

This is just the more reason why Exchangers needs to be very much or extra careful in storing their assets to devoid the accumulated funds of their clients being slipped through the back-doors based on their negligences or loop holes to the hands of these unscrupulous Hackers that are now with more sophisticated Machines to sweep off or rob them of their coins bank, if not, they are tantamount to loosing their integrity subtle to their bankruptcy. Hardwares like for instance Ledger Nano S must be put in place. More likely, individuals must be also be cautious at all levels, administering every rules and guide securing their wallets, especially when huge amounts of their Cryptos are involved. Other than soft wares or Hardwares storing facility if they are capable, pass-phrasing the anonymity of their wallets can also be introduced.

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July 05, 2018, 03:02:09 AM
 #493

Actually it's not totally safe because hackers is there everywhere even we don't want to hack it will happen in any person. The best we can do be extra careful in any thing you will do especially to your money.
right, we ourselves must secure the wallet from hackers. many sites that lead to phissing, so if we open, then the hackers easily take our assets. so be careful when opening suspicious links

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July 05, 2018, 03:08:20 AM
 #494

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

You know whatit really hard to know if it is good or not...  Well we cant change it and control them...  Hackers is everywhere... They are just watching us but if the have a chance they will grab it...  Because for them it is much easy earn if they just hack and scam us..  Sk thebest solution is we need to be always... Read and search a lots and make a wise decision...
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July 05, 2018, 03:15:25 AM
 #495

The crypto currencies themselves are safe. What one has to worry about it themselves getting hacked by not being secure with their password, and information they give out.

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July 05, 2018, 03:21:05 AM
 #496

All technologies must be vulnerable to hackers. it all depends how strong the security of the system is. We can only access sites or websites that are safe to avoid hackers.
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July 05, 2018, 03:29:15 AM
 #497

All technologies must be vulnerable to hackers. it all depends how strong the security of the system is. We can only access sites or websites that are safe to avoid hackers.
hacker have much various technique to attack system security.so, no doubt if today we heard much crypto exchange hacked and much balance stolen from their wallet.

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July 05, 2018, 03:45:37 AM
 #498

All technologies must be vulnerable to hackers. it all depends how strong the security of the system is. We can only access sites or websites that are safe to avoid hackers.
hacker have much various technique to attack system security.so, no doubt if today we heard much crypto exchange hacked and much balance stolen from their wallet.
That is why we should trust the exchanges to keep our cryptocurrency there because if the hackers attack the exchange that we got then that is when our funds will be stolen so it is better for us if we will have our own personal wallet to store cryptocurrency so we will not have anything to worry about.

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July 05, 2018, 04:27:17 AM
 #499

All technologies must be vulnerable to hackers. it all depends how strong the security of the system is. We can only access sites or websites that are safe to avoid hackers.
hacker have much various technique to attack system security.so, no doubt if today we heard much crypto exchange hacked and much balance stolen from their wallet.
That is why we should trust the exchanges to keep our cryptocurrency there because if the hackers attack the exchange that we got then that is when our funds will be stolen so it is better for us if we will have our own personal wallet to store cryptocurrency so we will not have anything to worry about.
personally i am prefer to store my asset in cold wallet.its more scure than other wallet , included exchange wallet.hackers, today very smart they use new technique to attack our wallet.

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July 05, 2018, 04:32:17 AM
 #500

Everyone wants their assets safe. should provide exchange and wallet platform providers to make the technology more secure for the storage of user assets. the hacker greatly affects the price of crypto and makes the crypto value decrease.
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