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Author Topic: With Hackers everywhere, How safe is Cryptocurrency?  (Read 4472 times)
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June 07, 2018, 07:39:55 PM
 #361

Of course, we always need to be on our guard and be attentive, as hackers and scammers are everywhere not only in the industry, but also in the crypto currency. But you do not have to worry if you take all the precautions.

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June 07, 2018, 08:33:04 PM
 #362

Like everyone else said you just gotta take the precautions. Also keep in mind that your bank account can be hacked too
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June 08, 2018, 12:49:35 PM
 #363

With hackers everywhere cryptocurrency is not safe. This hackers will do everything they can to get our bitcoins or altcoins. So we need to be careful always.

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June 08, 2018, 12:54:07 PM
 #364

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 ?
It is true that we should be always careful because there are a lot of scammers and hackers here in the cryptocurrency world. My advice for you is improve your knowledge for you to protect yourself from hackers and scammers.
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June 08, 2018, 12:56:34 PM
 #365

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 ?

Yes there are a lot of hackers out there luckily there are no history of hackings in the bitcoins system it is still a mystery on why the bitcoins are unhackable. But the bitcoins is the secured thing we cannot assure ourselves that the wallet we are.putting our money into is a secured one because that is a different platform that is why those people who have a lot of bitcoin holding in their wallet they are now using an offline wallet where they are storing their holding in a flash drive like device. And that is really safe.
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June 08, 2018, 12:57:49 PM
 #366

Step 2  verification and Google authenticator we can safeguard wallets in cryptocurrency that is best way we can be stay away from hackers
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June 08, 2018, 09:51:32 PM
 #367

Remember that there is no safe in this world. Everything is vulnerable to criminals. In virtual world, hackers are very intelligent and deceptive. If you will not put any precautionay easures on your wallet or accounts, you will be hacked easily.
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June 08, 2018, 10:20:55 PM
 #368

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 ?

The cryptocurrrency itself, as what I mention to be Bitcoin and the other alternative coins are unhackable. A special character of cryptocurrencies is that it cannot be controlled, hacked or even manipulated because it is decentralized. What is hackbale are those individuals engaged in cryptocurrency industry. Our wallets are unhackable and it cannot be denied. To eliminate the risk of being hacked, try to become more careful when you are going to transact.
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June 08, 2018, 10:45:24 PM
 #369

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 ?
Its usually advised that bitcoins or any other crypto coins should never be stored in  any of the exchanges as it has higher chances of getting hacked.We earlier saw the collapse of Mt.Gox exchange which was followed by the hacking of some other exchanges.Also,we should never reveal our private keys anywhere.Also,we should not store our private keys in clipboards in our desktops as clipboard hackers could easily hack them.

Often time we see on the news fed that a new hardware is developed for safety of crypto ,a more advanced was put into the blackchian system  to protect the digital transaction. we new for the facts that a lot of hackers is in the treed, posting as Legit campaign project which attract newbie yet after the said project just disappeared on the treed, that's why, newbie investors should have time learning the digital transaction, more information should guide them in the day to day investment. patient and timing is also the key in this kind of business

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June 08, 2018, 10:51:42 PM
 #370

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 ?


Hacker's is very dangerous, as we knew it. As my opinion in order to pevent our cryptos being safe by this group of hacker's.  We should be responsible to not lettings our private keys or other important information regarding our wallet account to be exposes from other peoples. We have to protect it very well especially when we are dealing transaction our cryptos in the internet.

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June 08, 2018, 11:12:42 PM
 #371

Step 2  verification and Google authenticator we can safeguard wallets in cryptocurrency that is best way we can be stay away from hackers
I agree always enable the 2fa or google authenticator and aside from that do not click any suspicious link think before you click because some hackers do this tricks like phishing site, then do not connect any devices on the public places and do not trust anyone to know our pin, password and private key.
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June 08, 2018, 11:13:28 PM
 #372

Thanks to hackers, projects are coming up with more and more perfect models of protection and thus show developers that they need to be more careful about their work. And the security account of bitcoin can not worry, it has never been hacked.
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June 09, 2018, 12:31:59 AM
 #373

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 ?
Simply secure wallet addresses,keep private  keys in a very safe torage,let that important person you know it for future usage.Never trust any site that ask on your private keys because most of them were hackers.

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June 09, 2018, 12:46:02 AM
 #374

We are never safe, and we will never be safe. Even in real life, or should I in person we can never assure the safety of our money in our banks despite the fact that is it already inside the banks. Even when we are outside our houses, we are prone to those snatcher or anything that steals from us. Everything is a risks. So far, the best thing we could do is to really be careful and try to invest on anti hacker systems.
Yeah you right. risk is always around us including our investment and our money. all we have to do is be careful and prevent the risk to happening. prevent with what? for example if you save bitcoin then you should keep it in a safe wallet like hardware wallet or if you keep it in online you should add 2fa
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June 09, 2018, 12:57:54 AM
 #375

Recently there was a 120 billion worth of bitcoins that's been stolen this was way to much carelessness that's to big of a loss. And of course it affected the price big time all went red when the price was still on it's way to recovery this hackers should be traced and be put in jail as an example to others that there are consequences in life.

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June 09, 2018, 01:37:04 AM
 #376

I think they are no safe in this world  especially in a internet world. Even a government security system has been hack. The only way we can avoid hacker is double check your filling up form. And dont go to the site that make you suspicious .

Use the latest version of the wallet, such as Electrum, Multibit. Do not visit malicious websites. If you have more $ I think you need to store coins in a hard wallet will be safer.
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June 09, 2018, 01:37:16 AM
 #377

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 ?

Well, most of the problem is not Cryptocurrency error. The problem is sometimes on 3rd parties, like the exchange, wallet apps, server providers, etc.
For example, Myetherwallet as the popular Ethereum wallet reported that they got DNS hack, so that's clearly the problem not from the Ethereum issue, but the wallet.

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June 09, 2018, 02:18:07 AM
 #378

I think they are no safe in this world  especially in a internet world. Even a government security system has been hack. The only way we can avoid hacker is double check your filling up form. And dont go to the site that make you suspicious .

Use the latest version of the wallet, such as Electrum, Multibit. Do not visit malicious websites. If you have more $ I think you need to store coins in a hard wallet will be safer.
A most secured wallets can be safe that you have the private keys and don't put it in the web wallets because it was still hackable and can be known when it will come so it is advisable to keep your own coins into a safer wallets. We cannot assure the safety of wallets.

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June 09, 2018, 02:28:03 AM
 #379

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 ?
yes its true hackers are everywhere all over the world,and they are like a predator that ready to bite there pray in one single mistake,so therefore for us to become safety our portfolio in our wallet,we dont give them a chance to take over and manipulate us,and we can do this by not entertaining those phishing site or those questionable ICO, airdrops or investment that you thinks lack of whitepaper presentation or asking money without proper documents because thats a 100% purely scam.while in other hand we cannot guarantee that cryptocurrency investment is 100% is safe,but being vigilant to your own  investment,hackers could not peneteate to conquer your own investment.

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June 09, 2018, 03:18:45 AM
 #380

I think there is many ways to avoid scammers because there are too many things that will help us to get them in fact there are good scammer that will help us to locate them and get the money that they taken from any different ico's but its too expensive to do that.
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