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    Author Topic: Is Bitcoin Hackable?  (Read 4184 times)

    • royalfamily1000
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    April 23, 2018, 05:09:52 PM
     #601
    Quote from: Genosx on April 23, 2018, 05:04:43 PM
    In my own point of view it is likely possible because the company is in a computer based so all things can be easily manipulated and invaded  by the person who are expert in this act. 
    The company should always guard their system to protect the interest of their investor.

    Yes, anything stored in the network are not safe most especially bitcoin which is very hot for hackers because of it's popularity.

  • Xenrise
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    April 23, 2018, 05:14:30 PM
     #602
    Is this really a question or what? Of course, bitcoin could be hacked by any sort of hacker. Decoding codes or something, it's hacking. Some people tend to lose hundreds or thousands of bitcoin. So, becareful in sending your own priv key.

  • ruka~
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    April 23, 2018, 05:16:29 PM
     #603
    to be honest i think the correct question would be not is it hack-able but is it breakable. since bitcoin is a cryptographic algorithm, one can not exactly hack it in and of itself but they can hack a computer that is controlling the cryptographic  process and therefore gain access to the root key  and  from there have total control over the blockchain via the root key that is being said a very bad thing  in any crypto system a compromised  seed key is  a fatal flaw that has to be  prevented if the chain is to remain viable.

    ~ sorry if my  English writing is badly  presented it is not my primary language

  • Bella Thorne
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    April 23, 2018, 05:18:26 PM
     #604
    Quote from: lady Royal on October 28, 2017, 06:43:37 AM
    For me I think the wallet you use can get hacked If you are not using enough security features, but it is really hard or maybe impossible to hack Bitcoin private key.
    If you are using online wallet use strong password and enable 2fa and all the security features to increase your security.

    I agree with this that the wallet you use can get hacked easily. But bitcoin being hackable is maybe true but it takes a lot of time and skill i think because it's not easy to hack a large system. And I'm sure bitcoin has it's own security system exclusively for bitcoin only. It's just like when you don't have enough security features with your wallet so it can get hacked.

  • etherixdevs
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    April 23, 2018, 05:27:48 PM
     #605
    Bitcoin and blockchain are not hackable, this is the reason of the increasing interest.
    Exchanges can be hacked. That happened sometimes.
    You need to choose the most known and serious.
    One thing that I strongly recommend is staying away from options like loan for investing in Bitcoin or other altcoins.

  • Tanjima
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    April 23, 2018, 05:44:51 PM
     #606
    Yes. It is huckable. Every electronic are huckable. Plz no not share your pin/password other. Be safe, stay safe.... Smiley

  • cryptobobo
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    April 23, 2018, 06:00:43 PM
     #607
    Quote from: Tanjima on April 23, 2018, 05:44:51 PM
    Yes. It is huckable. Every electronic are huckable. Plz no not share your pin/password other. Be safe, stay safe.... Smiley
    Huckable it is?  Cry it isnt going to be hackable as of the moment because theoretically you will need a quantum computer to break the blockchain's code so that you can easily get those private keys,currently we still dont have any existing quantum computer if we are talking about the records which makes bitcoin unbreakable.

  • Provably Fair Directory
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    April 23, 2018, 06:18:34 PM
     #608
    Bitcoin has become a big hit in the market and everyone is talking about it. People are investing a lot of money on this virtual currency. Today, everything can be hacked but online payment systems are getting more safe and secured. The team at bitcoin is aware of this issue and they are enhancing the security features to make bitcoin safe from hacking.

  • Herressy
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    April 23, 2018, 06:23:34 PM
     #609
    Quote from: Xenrise on April 23, 2018, 05:14:30 PM
    Is this really a question or what? Of course, bitcoin could be hacked by any sort of hacker. Decoding codes or something, it's hacking. Some people tend to lose hundreds or thousands of bitcoin. So, becareful in sending your own priv key.
    True this currency are may just only based on you on how are you be able to make an effort of it to be secure cause as long as they can trace this for to hacked then the security is in yours for.

  • Bitexpert2017
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    April 23, 2018, 06:24:54 PM
     #610
    For me each and everything who, what and even where as long as in the internet can be hacked. But still the strength or the difficulty of being hacked will varies. In the case of bitcoin we can say that it is basic to hack it, as we don’t even know who create this, who control and where it is base on.

  • dear53
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    April 23, 2018, 06:32:50 PM
     #611
    Quote from: lady Royal on October 28, 2017, 06:43:37 AM
    For me I think the wallet you use can get hacked If you are not using enough security features, but it is really hard or maybe impossible to hack Bitcoin private key.
    If you are using online wallet use strong password and enable 2fa and all the security features to increase your security.


    Thanks for your complement.I am also worried about it.Thank you very much.Now i always using enough security for ill of wallets and also enable 2fa authentication.I always keep my password and private key in a very secure place... Smiley Smiley Smiley


    Your ever Smiley   

  • Predator25
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    April 24, 2018, 12:26:02 AM
     #612
    Quote from: Herbert2020 on October 28, 2017, 06:03:05 AM
    Quote from: rony01941 on October 28, 2017, 05:57:07 AM
    Bitakayena

    i have no idea what this word means or where you are taking it from but "bitcoin" itself is not hack-able. the way private keys are (a random number in an unbelievably huge range), and how the hashing to get the public keys and bitcoin address (ECDSA and SHA256 which are irreversible) makes it un-hack-able!

    your wallet is hack-able though. if you are not careful, use a weak password or have a compromised machine that you use for your wallet.

    ps. more than 8 years of being around and not being hacked even once should answer your question though!
    I dont think the bitcoin itself is hackable because it can only be access or hacked through your wallet so if you secure your wallet no hacking will happen. Or even if you double up the security of your online wallet it will make the less possibility that it will be hacked by other people. Its just a matter of prevention.

  • dekafee79
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    April 24, 2018, 12:28:23 AM
     #613
    Quote from: rony01941 on October 28, 2017, 05:57:07 AM
    Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?

    bitcoin is secure, I think It is unhackable. but, as far as I know every online transaction can be hacked. hopefully bitcoin is safe
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