Bitcoin and its vulnerabilities

[TopGunTrading]

Certainly, much to your dismay, it’s going mainstream currently.

Its far from mainstream buddy. Go buy a pack of gum at the corner deli with bitcoin.

I guarantee the keys will be compromised way before you can buy that gum.

 

[Sprout]

Its far from mainstream buddy. Go buy a pack of gum at the corner deli with bitcoin.

I guarantee the keys will be compromised way before you can buy that gum.

lol, here, inform yourself;

 

[TopGunTrading]

thats for retards and people who dont know what they are talking about, noone would ever brute force a key.

 

[terr]

A hacker doesn't need to break the blockchain, just your key so he can steal your coins. Once that happens the confidence as currency or store of value is zero. People will not keep coins offline since that will prevent it going mainstream. Its the achilles heel of crypto.

"Hackers" don't own quantum computers. It is a bit pointless to spend $100s of millions and decades of effort to steal someone's bitcoin keys worth a few mil. And after the first few such steals (and most probably, quite a bit before that), the encryption of keys will increase in difficulty. Encryption can scale exponentially while computing power doesn't.

 

[TopGunTrading]

"Hackers" don't own quantum computers. It is a bit pointless to spend $100s of millions and decades of effort to steal someone's bitcoin keys worth a few mil. And after the first few such steals (and most probably, quite a bit before that), the encryption of keys will increase in difficulty. Encryption can scale exponentially while computing power doesn't.

check out the reddit forum, great for first time retards

 

[Sprout]

thats for retards and people who dont know what they are talking about, noone would ever brute force a key.

You’re moving the goalposts

 

[Overnight]

Not my problem you guys cant hang. Like I said if you want to bullshit around and pump nonsense , reddit is great for that, very entertaining actually.

So you are not just trolling the Crypto posters, you are trolling the whole forum. I can do the same thing, fucker.

Here. Take a knee and fly back to Reddit and.or (that other forum).

 

[maxinger]

Bitcoin has been on a great run lately, however no one seems to be talking about its vulnerabilities specifically its keys. It is only a matter of time before hacker states develop the technology to break the encryption, either that or governments start to really crack down similar to what the SEC did to Ripple.

Thoughts?

anything could happen ;

- hackers generate new BTC through don't-know-what mining process
- CEO goes India and die
- BTC reaches 100 000 and Elon closes his position to take profit, NOT
take loss !!!
...

 

[Market_Diver]

Many here do not understand the in-depth theory about quantum physics or quantum computer.
Forget about quantum computers, they are highly unstable and unlikely to be stable in the near future.

But if a real quantum computer exists, we are not only talking about bitcoin here, all current encryptions in the world would be crackable, including banking systems, password protected government secrets, top secret encrypted communications, HTTPS, basically everything secret(encrypted) will no longer be a secret.

Bitcoin is the least to worry about if a real quantum computer exists.

 

[tommo]

We have been talking about it.
It will be like Tulip Mania #2 or Gamestop.

As of now, the mood is extremely bullish.

GameStop mania lasted 2 weeks.
Tulip Mania lasted a year.

Bitcoin has been averaging 300%+ a year for 10 years and that includes two 80% moves down which then recovered and increased their adoption with each recovery and volatility lowered. They aren't comparable