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Topic: How safe is Bitcoin? ✅ - page 28. (Read 7306 times)

member
Activity: 307
Merit: 10
July 29, 2018, 08:07:38 AM
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?









It is not how safe is bitcoin it is how safe your bitcoin to the others. There are many people who know what is bitcoin and what is the advantages of things that can do with it. Some people who don't have bitcoin find a people who have bitcoin and they will make a move to take or get it from him/her. If you have bitcoin make sure that your bitcoin wallet have a strong security and no one knows your password unless if you have a friend or someone who is very close to you and your trusting them.
jr. member
Activity: 448
Merit: 1
July 29, 2018, 08:06:43 AM
We can always be sure that our bitcoin is safe when we keep it safe by doing this you have to keep your private key safe and also having an offline wallet and also in the exchange thanks
newbie
Activity: 70
Merit: 0
July 29, 2018, 07:48:11 AM
I dont think bitcoin is 100% safe because in fact, bitcoin is risky and dangeruous because od these third party hackers and scammers. You can minimize the risk by doing proper caring of your private keys of your accounts and trade in wiser way and be extra careful.
full member
Activity: 373
Merit: 100
July 29, 2018, 07:12:23 AM
As long as your private keys are safe your bitcoin is safe. Because it is merely impossible to breach into another's wallet without knowing private keys. So keep your private keys safe. Best use offline wallet to ensure security. 
Bitcoin is very secure as long as you handle your account carefully. You should always remember not to share information about you especially about your account because it may cause hacking of your account.
newbie
Activity: 14
Merit: 0
July 29, 2018, 06:51:25 AM
It's as safe as the speed and potential of super computers....
newbie
Activity: 42
Merit: 0
July 29, 2018, 06:43:48 AM
You should use your wallet very carefully.try to avoid visiting unsafe website or keep your wallet password to yourself. don't share it to anyone. make the password unique that nobody can hack it.
newbie
Activity: 75
Merit: 0
July 29, 2018, 06:40:24 AM
Bitcoin is completely safe. To be safe be aware and more conscious. take necessary precaution while using btc.
newbie
Activity: 69
Merit: 0
July 29, 2018, 06:38:31 AM
Every thing in digital world is not 100% safe. bitcoin is not different. But developers are trying to make it more safe and friendly.
newbie
Activity: 64
Merit: 0
July 29, 2018, 06:38:03 AM
To be safe and secure, you can use online wallet to keep your btc safe. Be concerned when transact.
newbie
Activity: 166
Merit: 0
July 28, 2018, 11:04:01 PM
The BTC is quite safe, but you are still wary of having multiple hackers installed on your computer to steal your private key.

Yes of course. Bitcoin and its technology used make it more safe, to protect accounts of users and its transactions made. But, it also depends on the users who have their accounts secured, how they keep their private keys protected. For me, its better to use more wallets to separately put my bitcoin or earnings, because hackers are only interested on big amounts.
hero member
Activity: 1190
Merit: 500
July 28, 2018, 09:29:35 PM
Safety can not come with bitcoin. Because it's so much dangerous as hacking, price, market

Because there is nothing safe in an investment, even if it includes systems and networks the risk remains there. The first risk in bitcoin investment is certainly fluctuations but any smart user can certainly take advantage of this as an profit, and second the risk of hacking, have many tips for securing a wallet in the internet, such as with 2fa..
newbie
Activity: 63
Merit: 0
July 28, 2018, 08:59:22 PM
I think if you protect your private key you will be safe
newbie
Activity: 140
Merit: 0
July 28, 2018, 09:27:24 AM
The BTC is quite safe, but you are still wary of having multiple hackers installed on your computer to steal your private key.
jr. member
Activity: 173
Merit: 4
July 28, 2018, 08:52:56 AM
I think Bitcoin is becoming a large platform and it's going to be a safe currency day by day. If you are able to save your Bitcoin safely then it might be safe so it's totally dependent on your capacity to store your Bitcoin. 
newbie
Activity: 281
Merit: 0
July 28, 2018, 08:45:08 AM
Safety can not come with bitcoin. Because it's so much dangerous as hacking, price, market
newbie
Activity: 106
Merit: 0
July 28, 2018, 08:29:49 AM
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?



Bitcoin is safe as long as you use a strong password to secure it.There are a lot of hackers nowadays that i s why we need to pay closer attention to how we store it.Make sure we dont give anyone our password.Following security rules will also greatly help
sr. member
Activity: 1624
Merit: 267
July 28, 2018, 08:06:47 AM
Bitcoin is safe on how you secure it. By installinganti virus or protected apps to detect any suspicious. It can help to your bitcoin to more safe and you can set 2fa to your wallet to make sure no one can try to open your wallet except to you.
newbie
Activity: 91
Merit: 0
July 28, 2018, 07:48:17 AM
All of them are unsafe, but from this they do not get worse.  The more risk, the more you can get.
copper member
Activity: 322
Merit: 0
July 28, 2018, 07:21:21 AM
For me, I usually store my bitcoins in a well known web wallets that has a high security level so cannot be access by hackers but I think the safest way to store it is in hardware wallet that only you can access to it. You need
to be knowledgeable in this kind of industry so you won't get scam or hack easily.
sr. member
Activity: 1456
Merit: 359
July 28, 2018, 07:11:22 AM
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

The reason why there are people who are saying that the bitcoin is dangerous is because of the scammers and hackers in the cryptocurrency market. You can only protect your money if you have knowledge.
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