Why is bitcoin and crypto currency ALWAYS getting hacked??

[Lovecrafter]

Most often because people do not follow their computers and go to phishing sites. I think most of the stolen purses due to phishing sites, people still have not learned how to protect their information on the Internet

[Jihuny23]

I just want to add a reason why crypto currencies  and bitcoin can always be hacked by irresponsible people. Apart from hacking factors, bitcoin and crypto currencies can easily be hacked because of our factors as the owner of the crypto currency. Indeed not a few of us are very careless in using bitcoin and crypto currencies accounts including crypto currency wallet accounts. We often ignore the security of our wallet. Therefore it would be nice to prescribe all security procedures and perform security updates at least once a month. This is to prevent hackers from guessing the password of our wallet.

[tegarp90]

Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

It will be not "always" if we smart enough to care and maintain our wallet.
If you had a very big amount of btc, don't just only have 1 wallet because it will be the target of the hackers

[The cure]

You know there is no impossible for hackers to hack in digital world because digital currency stored in a computer. Most of the people now are knowledgeable enough in using a computer that's they can do everything even to stole your cryptocurrency. That's be wise and smart,always make secure your bitcoin and altcoins. Don't put all your digital wealth in a single wallet and always use a 2fa authentication for more security.

[teamspike911]

Well ... maybe the fact is that the technology is relatively new ... although who knows. It is necessary to implement blockchain, then everything will be exactly in order) No hacks will be

[allaking]

Hacking do occur everywhere and not only in cryptocurrency. People always try to take advantage of their knowledge in IT to lure people and get rid of their treasure. I think we have to be vigilante and secure our wallet well. We should desist from given our information to any authorized site and individuals.

[Dread Pirate Roberts]

Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?

Possibility if the wallet is used actively through website services. It is very possible to have a hack because there is a chance that hackers will take access to the wallet or control it remotely. but for offline wallets that you may never use as often as possible. very small chance of a wallet being hacked.

[strongman8]

I know others said it here but I want to say that Bitcoin and crypto currencies are not getting hacked.  it's usually some wallet or side app getting hacked or some crypto user who had funds stolen talking about hackers when he went to a phishing site.  People throw hacker around way to quickly. 

[bloodyvio]

usually it's because of the user's fault itself
like accessing phishing sites, sharing addresses, not including 2FA in their wallets, ransomware and others
for exchanges that are hacked usually it is because of the fault of their programmers for storing funds in the hot wallet and not in the cold wallet

[btcCoincart]

Because people store bitcoin and altcoins online, not in online wallet then they keep them on exchanges. Many years ago, many exchanges were hacked thousands of bitcoins...

[Sanchezino40]

Most exchanges whee Bitcoin are kept are not secured in terms of high level security. Due to that fact, many of them get hacked from time to time. Developers should be able to place secure codes to protect investors

[Sovaivncb1996]

bitcoin and electronic money are easy to hack because it is a virtual currency.have been traded on the internet.all things related to the internet are dare attacked theft.but if we know how to protect it is very safe

[maman09]

Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I guess you can't compare it only to crypto and bitcoin, the fact is that every one that contains money on the internet will invite humans to commit crimes such as hacking. this is a fact so I don't agree with what you say.
and for security issues, as long as I am involved in this industry, I have never had a problem with hackers. I'm sure if I always protect every security that we have to protect, it will remain safe.

[katerinaliisa]

It is very difficult to provide 100% security to your wallets, exchanges and accounts. No matter how you protect them, you can not provide absolute security.

[spadaccino]

It's so hard this will happen - even if you could gain 51% of hash power and force to switch to another blockchain, they will find a solution for that.

They are trying to steal it from central exchange because they own the private key for their customers and it's easy for a great hacker to attack such a vulnerable source instead milions of multi account.

When you sign up for exchange you think yourself you are safe with them but it's no more true.
Hold your private keys guys

[provalentine]

bitcoin and electronic money are easy to hack because it is a virtual currency.have been traded on the internet.all things related to the internet are dare attacked theft.but if we know how to protect it is very safe

Yes, but also fiat cash can easily be faked, and the bank can be robbed... so I think that it is more difficult to take possession of the crypto currency, although it is safer as we can see.

[bitbunnny]

It's simple answer, it's value that is attractive for hackers. They wouldn't attack anything they don't have use of and can't get some material gain.
Unfortunately, hacker attacks are getting more and more sophisticated and it's getting harder to have adecvate protection.
It's very important that you are always aware that Bitcoin and other cryptocurrencies are in fact virtual money and people were always stealing money, so hackers are just trying to do the same thing.

[stayeduptolate]

Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
 I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
 Every month a huge hack happens and totally destroys the crypto image yet again.
At this rate, bitcoin will go to $1 as it gets hacked every day.
Is it possible to take simple precautions to protect against hackers?
For a so called "unhackable" wallet,private key ect, it seems to be a cake walk for any hacker.
 Sorry for the rant, it's just irritating to see crypto slowly dying because of hacks.

I don’t think that it is that easy to hack bitcoin account, bitcoin transactions are known for its security and confidential as they provide you the user anonymity and peer to peer transactions and I think the transactions of bitcoin are like next to impossible to hack as these are the safest transactions among all and it also involves 2 step decryption which enables user to have safest and most confidential transactions, the only thing with which you need to be cautious is that never share your wallet id and passwords with any one.

[lionheart89]

I think bitcoin or crypto can't be hacked, most hackers are crypto users. So we must be very careful in maintaining the security of the wallet. we all know the purpose of bitcoin or cryptocurrency hackers is to make a profit because the value of bitcoin is very expensive.

[Sonamziv_99]

It's straightforward answer, it's esteem that is appealing for programmers. They wouldn't assault anything they don't have utilization of and can't get some material pick up.

Lamentably, programmer assaults are getting increasingly complex and it's getting harder to have adecvate security.

It's imperative that you are constantly mindful that Bitcoin and other crypto are in actuality virtual cash and individuals were continually taking cash, so programmers are simply endeavoring to do a similar thing.

You must be hacked on the off chance that you get into a phishing/counterfeit destinations and when you logged your touchy data there. Blockchain is difficult to be hack or the server itself and it just be hacked when a man holding a cryptographic money doesn't know on what site did they enter that may have infections that stole private keys or leaving an incredible measure of altcoin in a trade site. Putting away on trade locales are not prudent same as the other stockpiling that holds your private key. The thing here is you should know about anything that could take your computerized resources, or endeavor to have an equipment wallet for more elevated amount security.