Why is bitcoin and crypto currency ALWAYS getting hacked??

[Osarman]

Hacking is not only a problem in cryptospace, it's happening everyday, websites get hacked for data, people's personal computers get hacked to gain passwords etc, social media accounts get hacked for whatever reasons and so on. There's a lot of money going around in cryptospace and a lot of people are careless with their security of their wallets and computers etc. On top of this the risk of getting caught for hackers is very low, so interesting for them. Same goes for the Exchanges, they are big targets and not all of them have their security in order, cold storage of funds is a must imo. There always will be hacking attempts because they are one step ahead of the security measures. Sadly we have to live with it.

Be safe

Totally agreed with your points, hackers are always a step ahead of whatever security we put up against them but also the hacking part of the bitcoin and bitcoin being so vulnerable to hackers can make investors and traders lose their goodnight sleep, people with a heavy wallet will always have the anxiety about their money, and for those who are still not into cryptos can never opt for cryptos if they hear about the vulnerabilities, but again all we can do is to pray.

[BaraxLo]

Electronic money and Bitcoin can always be hacked, bank accounts hacked on a daily basis too and not to mention all the scams genius on all internet.

Unfortunate thing but yes every digital thing can be hacked so are our bank accounts and bitcoin wallets, well bitcoin can never be hacked but the wallets and the server can easily be hacked by the intelligent unknown threats all over the world using their fingers to rip peoples money.

All we can do is to hope for the best and pray for our money and avoid being greedy enough to do something as stupid as installing a malware in our device and then get stripped of our money.

[Renai0925]

You can't really say that it's the fault of hackers when a wallet gets hacked. There are many precautions you can take to prevent this from happening. Like, using a cold wallet, 2 step authentication and whatnot. For websites, I think they're getting hacked due to lack of security or it's an inside job.

[Cynthia Andradee]

In my opinion, one of the reasons that bitcoin and crypto currency is always hacked is that they are not controlled by the government... By 2018 most of the financial institutions of the countries are still unclear about the classification and authority of crypto space. Therefore, there are still limitations that the floor has not overcome.

[Mix_Fix]

Hackers love money. They always try to hack banks, financial institutions to get money. Hackers will concentrate attention on our assets and you can do nothing with this. Just use standard recommendations for wallets (accounts) security.

[2fresh]

You should check out the numbers on fiat currency fraud/scams, the numbers alone on credit card fraud are ridiculous.
Yet we don't really hear about those things too much unless you actively seek out that information. But when an exchange gets hacked everyone jumps on it.

[delightme]

Bitcoin and Crypto Currency always getting hacked is just becuase of our carelessness, to me i did not see any reason why Bitcoin and Cryptos should be hacked, you are the one holding you private key there is no way one can hack any address apart from you disposing.

[bussu]

When people said that account online them in hacker , often what happens is account e-mail who hacker , since the security of weak .Access to account email you give hackers access to other account

[gaurav82]

The security system is very good of Bitcoin. There is no problem of hacking. People should secure their accounts self. Password should not share and keep safely.

[elachious123]

Anything with financial will attract hackers, so it is normal for such to happen but as for bitcoin itself it can't be hack but wallet can be hacked

[Aroma92]

Indeed, I am also against hackers. But 100% of them are not protected. Hackers have always been and will be. The crypt is indeed compromised because of hacker attacks, but people use it, and they are usually the weakest link.

[rolls89]

With the advent of technology,there is a con side to it too.Even the centralized things are getting hacked and Crypto's are decentralized.It's only you who can prevent yourself. Refrain from clicking on Malicious links which befool us to double our coins within no time.Get a cold wallet to stay more secure

[LodisMcguire]

If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.

[nanasei]

A lot of people are negligence on how to secure their wallets which contains their assets and hackers are always finding their vulnerabilities to explore in order to hack innocent people wallets.

[Ghayoor]

Well, just as many have pointed out you can't hack Bitcoin but the wallets can be hacked due to many factors, as some are unsecure, some people are not security conscious enough visiting phishing sites or download malware programs and others blatantly expose their wallet keys.

Well, their are many hacks which are pre plan by the exchanges in order to get hold of the funds. These are are tactics which most of the small exchanges do in order to get quick money but loss their trust forever. Bog exchanges will not do such fake hacks because they value their users.

i believe when any thing goes up and then brokers get involved in market ant they are trying to eliminate that thing same here we are looking that hackers are trying to end bitcoin buts its not possible.

[wewe123]

If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.

Bitcoin and cryptos currency are always hacked, these are ways the target of this wild people who are always stealing the belongings of others , bitcoin and other cryptos are hacked because this things are of values and can converted to fiat money that is why there are many bad people interested in your bitcoin and cryptos.

[Coroline]

maybe it's the weak side of the virtual currency, because it can only be accessed through the network, because people want to steal them instantly do various ways to hack your wallet. so just need high security to prevent hackers hacking your wallet.

[dlhezter]

If there are a chance,hacker or no anyone will do it.Many hack case is a prove that crypto is valuable by people,so it's not strange that exchanges get hacked.It's up to us to carefully choosing exchange to protect our fund,so be careful out there.

Bitcoin and cryptos currency are always hacked, these are ways the target of this wild people who are always stealing the belongings of others , bitcoin and other cryptos are hacked because this things are of values and can converted to fiat money that is why there are many bad people interested in your bitcoin and cryptos.

Everything now can be hacked, I think to avoid those hackers it is essential to have a security support, strong security system is a good thing for the crypto community, I think it is not always hacked but it is sometimes hack.

[DoublerHunter]

Cryptocurrencies are always getting hacked because they are very attractive for the hackers since the money is there and it is not just about thousand of dollars, we are talking about million of dollers and that is why a lot of professional hackers are looking for any vulnerability that they can penetrate to get some easy money.

[semutracing]

cryptocurrency is a high value digital currency that can trigger hackers to try to hack existing cryptocurrency purses and because cryptocurrency is a highly sophisticated cryptocurrency technology