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Author Topic: Can bitcoin be stolen?  (Read 1455 times)
Rruchi man
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February 02, 2024, 07:25:06 PM
 #21

It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets.
Everyone is a target, the moment you choose to start investing in bitcoins, you make yourself a target.

Now bitcoin is one of the safest way to invest digital currency. Because of its new and improved security system it makes it hard for hackers and thief to access
It is hard to steal, but not impossible. As an investor, don't ever think your investment too safe that you start becoming careless about safety.

So now the question is bitcoin safe from hackers?, can it be stolen,
Bitcoin can be stolen and not only by hackers, your bitcoins can be stolen by friends, your family or even people you may never suspect.

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February 02, 2024, 07:25:27 PM
 #22

Everything that can be transferred or moved can be stolen!

Every single bitcoin out there except the 50 ones that are locked in the genesis address can be stolen, your car can be stolen, your money in the bank can be stolen, your fruits in the orchard can, even your kidneys can be stolen, your family too!

The fact that some things can't be done legally doesn't mean it's impossible!

Again, just because it's funny as always!


On the aspect of having my bitcoin on my personal storage, the hacker needs a means to have access to my wallet, from which they can try to infect my device without my knowledge, which is still not possible for anyone who is careful enough.

He only needs to know your address and have a an axe ready to hack you if you don't tell him the passkey.
See above!

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February 02, 2024, 07:28:16 PM
 #23

It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets.
Everyone is a target, the moment you choose to start investing in bitcoins, you make yourself a target.
One way is to make yourself avoid the spotlight and that's through being lowkey. Especially today, many have been broadcasting that they're bitcoin investors on their personal social media profiles. Instead that they should keep it private and remain silent, they just can't help themselves to share it and that's why they're becoming hot in the eyes of the possible watchers that will turn into hackers and makes them potential targets.



 

 

 

 

 

 


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February 02, 2024, 07:42:49 PM
 #24

Experience is the best teacher they say, if you are not sure or in doubt if btc can be stolen, why don't you expose your private keys and perhaps you will find out your answer  Wink
Bro, if you are not careful with the way you interact on-chain you will get drained within a blink of an eye, I don't know how they do or how easy it is with btc wallet but I know it is a common thing with alt. But the point is, you should not be too confident and always take security seriously no matter what you think.

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February 02, 2024, 07:43:32 PM
 #25

It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets.

Now bitcoin is one of the safest way to invest digital currency. Because of its new and improved security system it makes it hard for hackers and thief to access

So now the question is bitcoin safe from hackers?, can it be stolen?
Of course this is very possible, as long as it is a digital world, it will not escape various cyber crimes. And crypto is one of the things that is closely related to cyber crimes, asset theft, scams and hacks. There have been many cases related to this and it seems unstoppable.

How come? You can read on this site at least:
Crypto

The theft of Bitcoin assets is not far from the security of the wallet or platform itself. privacy, and security systems are very influential. Privacy in this case also includes how we protect private keys and other important data so that they cannot be accessed and known by other parties. Not only that, privacy is very important so that we can at least maintain the confidentiality of our assets.

but on the other hand, there are many things that affect the level of security of a platform, especially if it is an online wallet that we use to store our assets. When hackers already know the funds and loopholes, these cyber crimes will easily occur. That's why we are always directed to store our assets in hardware wallets while also ensuring strong privacy and security.

Apart from that, there are also many scammers who make us lose our assets, there is the spread of malware from phishing links, fake investments, and so on. There are already many scam types that we encounter in the crypto world.

For this reason, special attention is needed from us personally to be more careful and alert to all possible cyber crimes.

R


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February 02, 2024, 07:53:13 PM
 #26

Yes bitcoin can be stolen base on hacking and negligent of the owner of the bitcoin wallet because of the person login to another person phone to make a transfer and forgot to logout from the device and the owner of the phone Open the app then he would transfer everything to another wallet and run way with your coin.

So it is possible for someone or hackers to rob someone wallet from the two ways I have mentioned









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February 02, 2024, 08:17:23 PM
 #27

In 2019, he made a mistake by transferring a small amount of stolen bitcoin to a cryptocurrency exchange that followed know-your-customer rules. The IRS's criminal investigation division then tracked him down.
Source link: https://en.m.wikipedia.org/wiki/James_Zhong#
That was an Achilles heels and deservedly so for him. Criminals shouldn't have a resting place. Karma should continue to deal ruthlessly with them for the pains they cause others. How he was exposed shows that despite how far they (criminals) think they've run, they can't be too far from the hand of the law.

Quote
So now the question is bitcoin safe from hackers?, can it be stolen?
Anything worth its salt can be stolen. Bitcoin is a hot Cake. It's not only stolen; its hodlers can also be killed for not releasing access to their wallets when attacked. Stories of such are ubiquitous.

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February 02, 2024, 08:21:50 PM
 #28

Yes it is a digital currency any time it can be stolen but I think its security is very tight I have been watching it for a long time it is very well secured but it can be stolen because I have seen many such coins like you did not take the example of luna that happened and then the USTC which was a stable coin was also hacked.

If the security is tight, I think there is a very low chance of theft, but at the same time, the arrangement of these people is that they will have their own team.


The software people able to hack all the data by your phone or computer.So the digital currency also can be hacked by their software skills,if you use the cold storage for the bitcoin.It can help you to save your wallet and you can also product your computer with the paid software.Even the biggest gambling site in the World Stake was hacked and some dollars was get by the hackers.So we take responsibility for the money in the wallet,the computer or personal laptop should be safeguarded by the users.

Experience is the best teacher they say, if you are not sure or in doubt if btc can be stolen, why don't you expose your private keys and perhaps you will find out your answer  Wink
Bro, if you are not careful with the way you interact on-chain you will get drained within a blink of an eye, I don't know how they do or how easy it is with btc wallet but I know it is a common thing with alt. But the point is, you should not be too confident and always take security seriously no matter what you think.


The trader who loss the bitcoin at the once,he never loss the next bitcoin by the wallet address loss or by the less security features.The hackers takes just few hours to hack the big amount of money in terms of the bitcoin.So it was essential to keep the bitcoin at the secured address for the safety.
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February 02, 2024, 08:22:50 PM
 #29

As long as you own the keys and only you have access to them, it is impossible for your bitcoins to be "stolen" or "seized".
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February 02, 2024, 08:31:14 PM
 #30

Yes it is an asset a digital one for that matter so it can be stolen

All the hacker has to do is get hold of your private keys or seed phrase and they can sweep the funds to their personal wallet.

After that they can even use mixers and other privacy measures to mask any traces of the coins.

So "Don't forget to keep your keys safe mate"

You can even store you seed offline for it is a safer choice.
People do really love on hassling themselves on thinking about those possibilities for their coins to be hacked like brute forcing on generating those private keys or seed phrases on which we do know that
hitting or having some collision with those wallets that have balances is really that less chance to happen. This is why the safest way on protecting your wallet or assets is that you shouldn't really be exposing
those Keys or phrases into someone. It is really that your responsibility on taking safe with your keys because so far on all the years that i've been here on this market on which i hadnt been able to experience
any hacking on which it do proves out that as long you do make those keys safe then you wont really be bothered by something.

People who do get hacked is into those people who are really that fond on clicking up random links and downloading online on which we do know that malwares
and viruses could affect your device. Also, you shouldnt really be that easily get victimized with phishing links or whatsoever.

R


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February 02, 2024, 08:40:35 PM
 #31

Bitcoin can be stolen by any hacker and that's is supposed to be the reason why one have to be careful when they are dealing with anything that have to do with emails, links and also the disclosure of their seed phrase to others, either in social media or to ones friends because some might be jealous and will like to do anything to get that precious things called Bitcoin that you are holding.
So on this case you have to be very careful, you can also check some social media platforms whereby people are getting scammed and I believe that will teach you some lessons.

R


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February 02, 2024, 08:58:59 PM
 #32

Everything could be stolen in the world without permanent things like a house. In the digital world, it's more easy to steal that store online. Because hackers use smart ways to steal your digital assets. So Bitcoin isn't out of risk, either from an individual or a company. That's why it's very important to secure your cryptographic assets carefully. I always advise using a hardware wallet to secure our funds from hackers. Unless your seed is compromised, hackers won't steal your crypto assets.

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February 02, 2024, 09:18:01 PM
 #33


So now the question is bitcoin safe from hackers?, can it be stolen?
With the many cases that occur for hacking and other crimes, we all agree that this can be stolen because after all, when something of value will definitely cause a reaction where it can be obtained and stolen by irresponsible people.
But on the other hand, of course we can minimize things like this so that it doesn't happen to us and the people around us. We must know that apart from the bad intentions of bad people hacking or other crimes can occur because of the opportunity and the opportunity will be obtained if we are careless in the security of the accounts we have.
This is always the main problem that occurs because we are too careless in protecting our assets so we must try not to give bad people the opportunity to invade our wallets.

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February 02, 2024, 10:18:29 PM
 #34

So now the question is bitcoin safe from hackers?, can it be stolen?
With the many cases that occur for hacking and other crimes, we all agree that this can be stolen because after all, when something of value will definitely cause a reaction where it can be obtained and stolen by irresponsible people.
But on the other hand, of course we can minimize things like this so that it doesn't happen to us and the people around us. We must know that apart from the bad intentions of bad people hacking or other crimes can occur because of the opportunity and the opportunity will be obtained if we are careless in the security of the accounts we have.
This is always the main problem that occurs because we are too careless in protecting our assets so we must try not to give bad people the opportunity to invade our wallets.

the truth is, we are the ones subjecting ourselves to vulnerability to these scammers and hackers. if you will limit your exposure to potential risks over the net, such fraudulent act may not happen at all in your investment accounts. if you are aware of the scamming techniques such as phishing emails, clickbaits, you will be more cautious on how you interact over the net. also, do remember a lot of these scammers are also operating on social media channels like telegram. if you receive unsolicited pm, better ignore and block the person. for sure, he is trying to fish naive individuals to screw up the funds.

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February 02, 2024, 10:51:58 PM
 #35

<...snip...>

So now the question is bitcoin safe from hackers?, can it be stolen?

All this lengthy story about Jimmy Zhong and how he got caught by the authorities... only for you to ask if Bitcoin can be stolen? If Jimmy Zhong steals Bitcoin from Silk Road, does it not proof that bitcoin can be stolen?

As a matter of fact, not just bitcoin but all cryptocurrencies can be stolen as long as they're valuable. No matter where you store your bitcoin, wether exchange or personal wallet, it can be hacked if you're careless with your wallet security. So note that even when you've a good wallet, there are still some does and don'ts you need to adhere to inorder to keep your bitcoin safe.

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February 02, 2024, 11:40:38 PM
 #36

So now the question is bitcoin safe from hackers?, can it be stolen?
I suppose the OP already answers the question on either Bitcoin can be stolen or not. Hell yeah!

If it’s safe from hackers? Of course it is safe but, you ought to realize that the safety of an asset first starts with you, it also ends with you. While the tech remains air tight, the vacuums you give as an individual or as an organization is where the hackers also leverage to cause harm and steal your precious Bitcoin.

You’ll be sure to stick to privacy rules and every time, your coin would be in tact. Little wonder how so many wallets with lots of hodlings still remains unaffected or emptied even with this knowledge. It’s just your stands on security.

R


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February 02, 2024, 11:45:24 PM
 #37

Bitcoin as an asset held in a custodial or non-custodial wallet can be stolen if security is not ensure, however, this is prone to human error and not a loophole of the technology.

But the Bitcoin network, however, can not be stolen nor tampered with as it was designed to withstand and overcome whatever comes in that light.

.
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n0ne
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February 02, 2024, 11:59:57 PM
 #38

Bitcoin as an asset held in a custodial or non-custodial wallet can be stolen if security is not ensure, however, this is prone to human error and not a loophole of the technology.

But the Bitcoin network, however, can not be stolen nor tampered with as it was designed to withstand and overcome whatever comes in that light.
That's possible, and many such incidents have happened. Even if we take note from the users here we'll come to know from users losing their bitcoins. Even sending Bitcoin to an unknown wallet or to a wallet by mistake is lost forever. It can be seen on the network, but it can't be retrieved until the receiver end want to return it.

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February 03, 2024, 03:28:40 AM
 #39

As long as you own the keys and only you have access to them, it is impossible for your bitcoins to be "stolen" or "seized".

I disagree here:

Bitcoin is basicly a specific type of electronic data, you need a computer to interact with Bitcoin. So if your computer is infected with some malware that sends your Bitcoin details to a thief your Bitcoins are gone.

Just an example: Some Hacker buy rights for popular software from developers with a very good reputation, then make an updated version and  include some malware that is able to access your bitcoin information, maybe from the clipboard, and Bye Bye your bitcoins..... So everytime you update any software you have this risk....

So forget "impossible" it is more or less easy to steal your Bitcoin....
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February 03, 2024, 03:43:51 AM
 #40

Yes bitcoin can be stolen base on hacking and negligent of the owner of the bitcoin wallet because of the person login to another person phone to make a transfer and forgot to logout from the device and the owner of the phone Open the app then he would transfer everything to another wallet and run way with your coin.

So it is possible for someone or hackers to rob someone wallet from the two ways I have mentioned

But we can never imagine what the future of crypto will be on the day when bitcoin is stolen, what will be the effect on the market at that time, and how much people will lose because of it, no one can imagine, but anyway, the security of bitcoin. But it needs special attention because if this happens then we will have to face a lot of losses it will not be an attack only on one coin but also all crypto currency will be in trouble which will make everyone life change.

The loss will be equal and no one will be left in it because if one coin is the king of all coins, what will be the future of the rest of the coins? Because we see many happened before in the face of Luna,USTC . I think it would a major issue if happens like that.

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