Post
Topic
Board Bitcoin Discussion
Re: is it possible to hack your bitcoin from your wallet?
by
D3ViL
on 04/04/2016, 15:57:09 UTC
-snip-
Youd be surprised how many set no password at all. I dont think everyone uses a strong password and some wallets are badly defended against brute force attacks as well.

that is silly, if they are serious and have a good amount of BTC i am sure they will lock it up ,if not its simply a recipe for disaster . have't done any testing in a long time, so dont know about all the wallets . if anyone is serious about collecting BTC ,better have a good encryption and find a good wallet.

The argument is that its more likely to lose bitcoin because of a lost password than it is because of a hack. This might be true for some people, but those are usually also good a remembering passwords.

this is true, as i don't remember the password of my first core wallet, tried recovering but of no use and i left that, this is the most common mistake ,people starting out in core wallet usually have these issues.