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Author Topic: Can my Bitcoin be stolen  (Read 4394 times)
RobSlay (OP)
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May 24, 2014, 02:59:06 PM
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I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?
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May 24, 2014, 03:00:28 PM
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CaptainBeck
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May 24, 2014, 03:02:13 PM
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I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?

Yes, the file containing you wallet can be stolen that way, but put a very hard to break password on it and you'll be fine for a while. The time and effort wouldnt be worth the thief's time for stealing whats in your account.
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May 24, 2014, 03:05:27 PM
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I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?

Yes, the file containing you wallet can be stolen that way, but put a very hard to break password on it and you'll be fine for a while. The time and effort wouldnt be worth the thief's time for stealing whats in your account.

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May 24, 2014, 03:07:12 PM
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I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?

Yes, the file containing you wallet can be stolen that way, but put a very hard to break password on it and you'll be fine for a while. The time and effort wouldnt be worth the thief's time for stealing whats in your account.



Cold storage is a good way to be safe, a good anti-virus is always need for any stuff you do on a PC.
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May 24, 2014, 03:14:39 PM
 #6

^^

Even if u are doing Cold Storage, be wary about your private key. Try to have a real random source for your private key generation. If that's cracked, then no cold storage or hardware wallet can save u from being robbed.

Ron~Popeil
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May 24, 2014, 03:28:02 PM
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Any computer connected to the internet can be attacked. If you have enough to worry about get a laptop and never connect it to the internet.

bitsmichel
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May 24, 2014, 03:53:44 PM
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Quote
I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?

bitcoins can be stolen if someone has infected your pc, or someone breaks into your house and takes your pc with him/her.

Daniel007
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May 24, 2014, 03:57:25 PM
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If your computer is hacked than you will lost your bitcoin. So there is always a chance of loosing your bitcoin.

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May 24, 2014, 04:38:01 PM
 #10

If your computer is hacked than you will lost your bitcoin. So there is always a chance of loosing your bitcoin.

No, if I have a cold offline wallet then no.
oli123123
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May 24, 2014, 04:41:43 PM
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Of course, they can be stolen, you have to be careful.
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May 24, 2014, 05:16:27 PM
 #12

make a backup of your private key (on your offline computer) and HIDE IT using this: http://embeddedsw.net/OpenPuff_Steganography_Home.html

then you can transfer the carrier to your online computer with usb stick

CaptainBeck
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May 24, 2014, 05:20:36 PM
 #13

For a techy style website that is a horrible looking website you linked there.

All this also depends on what you want to do with your wallet, constant hot wallet or just a store?
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May 24, 2014, 05:26:10 PM
 #14

who cares how it looks...the software is straight up kick-ass.  try it.
it is very high security. (and its free)

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May 24, 2014, 07:00:49 PM
 #15

Well there is no chance of getting your bitcoin stolen from a pc wallet until you distribute your private key in the public, or get scammed. also dont store your btc in third party wallets for long.

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wasserman99
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May 24, 2014, 08:06:11 PM
 #16

Yes, there are lots of viruses/malware now that target bitcoin wallets. Of course hackers want it now that the value has risen so much!! So take care to learn about cold storage, and about keeping your online computer secure, if you hold any BTC on it.

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May 24, 2014, 09:07:06 PM
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I'm not sure but I recall that someone once told me it's not impossible to hack the wallet with another computer, like mining for the public wallet's private key or something.. but it would take millions or years... something like that Roll Eyes
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May 24, 2014, 09:19:23 PM
 #18

I'm not sure but I recall that someone once told me it's not impossible to hack the wallet with another computer, like mining for the public wallet's private key or something.. but it would take millions or years... something like that Roll Eyes

You're referring to brute-forcing someone's private key.  Yes it would take millions of years.
That's something entirely different.

You can still have your keys simply STOLEN by virus/malware.

Benjig
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May 24, 2014, 10:05:05 PM
 #19

If you have your private keys stored in one wallet, then if you mislay that wallet or it gets corrupted, then you will lose your keys. Backing up your wallet makes a copy of your private keys, but it’s important to back up your whole wallet. Some addresses are used to store change from transactions, and may not be shown to you by default. Back the whole thing up in several different places, and keep them safe from prying eyes.
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May 25, 2014, 03:49:30 AM
 #20

I just installed a bitcoin client on my PC , a was thinking before i download my wallet from blockchain.info, If someone has access to my PC or if i am infected by a virus will this compromise allow my bitcoin to be stolen?

When you get your wallet up, be sure to password it. While any virus that can detect key strokes could still read this (when you type it in), you are much safer having it passworded/encrypted than not. Then even if they steal the wallet, they'd need the password to do anything with it.

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