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Author Topic: Attack on Bitcoin  (Read 1269 times)
rafajunior99
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June 24, 2019, 04:44:54 AM
 #41

I believe that we all need to understand that technologies are evolving and that Bitcoin will continue to continue.  Everyone wants to break it and get it.

Maybe you are right for that to remain vigilant, but to solve it, you must continue to think hard, because I believe there will never be an accurate attack on Bitcoin, and that happened from the past until now Bitcoin remains safe and continues to grow.
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June 24, 2019, 05:07:17 AM
 #42

I believe that we all need to understand that technologies are evolving and that Bitcoin will continue to continue.  Everyone wants to break it and get it.

Maybe you are right for that to remain vigilant, but to solve it, you must continue to think hard, because I believe there will never be an accurate attack on Bitcoin, and that happened from the past until now Bitcoin remains safe and continues to grow.

Correct, bitcoin is still bitcoin after many years, anyone who speak of attacking the network has to better do it in action rather than talking without sense.
What we read from OP was not a FUD, as it will never make anyone panic due to the fact that we all trust how safe the bitcoin network is.

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June 24, 2019, 05:23:23 AM
 #43

I am just aware of the 51% attack if you are talking about other than that then can you please elaborate what kind of attack you are speaking about as I am quite new and unaware about this kind of attack.
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June 24, 2019, 05:26:02 AM
 #44

I don't get it. If an attack fails, why would the network be severely damaged? Or are we not talking about a 51% attack here? Because I don't see how you could take down the network without doing 51%, and that doesn't actually damage any nodes at all. How long do you think before people recognize the bad guys and reorganize anyway? OP doesn't even dare use a proper account to make this claim.

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June 24, 2019, 06:02:07 AM
 #45

you are either trying to spread FUD because you missed the rise and regretting it or you are very new to bitcoin despite the age of your account. bitcoin has been under attack for nearly as long as it has existed. there is no "attack coming" the attacks has been happening all along! and nearly every day. from newbies trying to brute force private keys to big operations spending millions of dollars to spam attack bitcoin, and all different types of attacks against it.

and each attack has only made bitcoin stronger...

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 24, 2019, 06:29:33 AM
 #46

Attack to make prices down or increase volume? Maybe the popes are preparing funds to shoot bitcoin, and automatically the volume will increase, the value of bitcoin will also increase. That's my positive thought.
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June 24, 2019, 07:16:22 AM
 #47

Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Look like these group have human power and knowledge to attacking bitcoin. I have solution for those group have smart brain and knowledge to make time machine/ time traveler and going back 2009 year bought all bitcoin and mined all of them.
bump they become richer now

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June 24, 2019, 07:24:24 AM
Merited by Foxpup (2)
 #48

I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.

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June 24, 2019, 07:27:12 AM
 #49

Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

Your posts should be justified. If indeed you believe this will happen, at least there are links or information such as screenahot or anything that supports authentication of the statements you provide. If not, I guess you just want the bitcoin to go down in price and take the price below.

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June 24, 2019, 07:32:12 AM
 #50

I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.

OP disappears because he doesn't have to do anything else. he puts the FUD up and then for a couple of days (in this case 24 hours) people keep his FUD on top of this board as is with this case so he achieves his goals of spreading it.

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June 24, 2019, 12:57:19 PM
 #51

Can you tell me when BTC will reach $50K too? You seem to know what will happen in the future which is why I can use your help in placing some big bets and we could split the profits evenly.

Lol. He seems to know everything that will happen to bitcoin. Seems vague for me. How can this group attack btc through computing power. I can't really imagine how this group will destroy btc. It is nonetheless a nonsense talk. I would believe if some group of whales will gonna control the market by pumping and dumping the price. But attacking btc? Well, how? It would be better if OP explain it further.

It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

I hate when the OP comes with some info (FUD in this case), starts a thread to intrigue everyone and then disappears abandoning the thread. 
Smells like CSW supporter to me.

Probably he realized that people around this forum is knowlodgeable enough to counter his possible cases and arguments.  So he decided to keep quiet.

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June 24, 2019, 01:23:06 PM
 #52

Do you have a link of this information so we can at least verify if your information is correct or not as it is a very big problem if this kind of situation will occur.

But if this kind of attack will occur in the future, I am pretty sure that the team behind the bitcoin and other currencies will take an action to avoid this kind of happening to happen. 

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June 24, 2019, 01:26:48 PM
 #53

It's will difficult to be done but when something are created by human , it has be the weakness or any exploit point.
Yes, it's a matter of time !

So when you can enjoy this time, you need to maximize it as much as possible

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June 24, 2019, 07:05:53 PM
 #54

Hackers are guessing private keys 🔑🤔
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June 24, 2019, 10:14:06 PM
 #55

Hackers are guessing private keys 🔑🤔

No, they are trying to bruteforce it,

Typically password hacking involves a hacker brute forcing their way into a website admin panel (or login page for example) and bombarding the server with millions of variations to enter the system. That requires CPU.

Process is done to find the combination that matches the privatekey of a given public address.  But with CPU alone it will take lots of time to break the privatekey of a given BTC address.  You can find this article interesting : https://bitcoin.stackexchange.com/questions/2847/how-long-would-it-take-a-large-computer-to-crack-a-private-key

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June 24, 2019, 10:39:15 PM
 #56

Maybe it's quantum computers arriving ahead of schedule? https://bitcoin.stackexchange.com/a/11522

Which Bitcoin is already resistant to when using addresses a single time only, and a soft fork is proposed and ready to even further it.

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June 24, 2019, 11:27:46 PM
 #57

Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.
Any reliable source of this info? What can you say about the extent of damage it will cost? And how are you so sure they are going to have an exponentially large advantage of computing power? If there is a legit source, then it can be real. Otherwise, just another FUD here.
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June 25, 2019, 02:32:39 AM
 #58


It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?
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June 25, 2019, 04:08:32 AM
 #59


It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.
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June 25, 2019, 04:23:12 AM
 #60


It is possible, there are theories about a quantum computer breaking and decoding privatekey through public keys.  Though it is far from happening today but it will be a serious threat for BTC security if Bitcoin security features do not improve along the advancement of computers.

Yea but who would have access to quantum computers? They aren't exactly in mass production. A state actor? Is this what OP meant by "somewhere"...?

IBM is making System One now. Governments probably have access to something even stronger.

governments are powerful . they have lots of cash and they can order ready made quantom computers but i dont think that these computers can attack bitcoin via public address  . btw is this some kind of a brutforce ?   , if yes then they must need some part of the private key or some parts of the users passwords before they can attempt to crack it  .
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