Topic: how strong is bitcoin really? - page 18. (Read 55590 times)
If your friend thinks Bitcoin can be hacked, good for him. But ever since the Bitcoin appeared on the radar, not a single time it has been breached. What your friend doesn't understand is that BTC is not some random network operating next door. It's the most widely used, yet the most secure cryptocurrency out there. You will need plenty of supercomputer and some killer programming skills, and after a few years, you might be able to hack into one bitcoin address.
bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
it is not about bitcoin, it is because bitfinex security system is not good enough and hackers attacked and change all the address. Dont blame Bitcoin, it is very good right now. If you do not like Bitcoin, you can change to another type of currency Yes you are right. The very blockchain system is very well protected. And I think this is one of the safest ways to store your assets
bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
it is not about bitcoin, it is because bitfinex security system is not good enough and hackers attacked and change all the address. Dont blame Bitcoin, it is very good right now. If you do not like Bitcoin, you can change to another type of currency 
bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
it is not about bitcoin, it is because bitfinex security system is not good enough and hackers attacked and change all the address. Dont blame Bitcoin, it is very good right now. If you do not like Bitcoin, you can change to another type of currency bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
it is not about bitcoin, it is because bitfinex security system is not good enough and hackers attacked and change all the address. Dont blame Bitcoin, it is very good right now. If you do not like Bitcoin, you can change to another type of currency
bitcoin is not so strong enough in case of security and it can be hacked as it happen during the bitfinex attack. well the bitcoin is so strong that it can run without any government people and it can totally by itself for the world to keep going.
if measuring the strength bitcoin this time, I think it would be very difficult, because every day, bitcoin always increase. moreover, so much support is provided for bitcoin, from large companies that exist in the world.
I mean nearly 9 years with billions of dollars at stake and it still keeps kicking, I would think that is pretty damn strong. Someone did the math on reddit and you have a better chance of hitting the lottery than you do bruteforcing private keys. That being said, some wallets might have bugs in address creation.
I don't see it as a major problem since it can be corrected, right now I'm more focus on the market of bitcoin and if you will analyze bitcoin had already achieve a great numbers of investors and supporters. With the growing value, I think it is wise to take advantage by buying now, we all have one goal which is to profit so we have to take risk as bitcoin pose great potential for the future that will give us an experience of winning lottery if possible. 
I mean nearly 9 years with billions of dollars at stake and it still keeps kicking, I would think that is pretty damn strong. Someone did the math on reddit and you have a better chance of hitting the lottery than you do bruteforcing private keys. That being said, some wallets might have bugs in address creation.
Yes bitcoin do have military grade security online and in physical companies but always remember that no system is safe.Yes the bitcoin physical company is secured but the online system tho it is secured it can still be hijacked by pro hacker groups that aims to destroy or steal bitcoins.Every online thing is vulnerable of being hacked wether how much you protect it
I guarantee bitcoin has very strict security if you're taking advantage of all the security features that have been provided by blockchain.
That is right, if someone can use a calculator to hack it, then I think there are a lot of news about bitcoin getting hacked by some Casio calculator or wierd stuffs like that, if you think of it, even hacking someone's private key is really hard the possibilities of hacking these bitcoin wallet and private key is almost close or equal to zero. So bitcoin's security is really top notch and can't be hacked easily buy some matimathecian or some sorts.
We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
I can considered bitcoin now is very strong, just look at the price value of bitcoin so far, and the community really loved it, they became more aggressive to apply the usage of bitcoin to their lives, were some the biggest investors are also getting interest to invest into bitcoin. due some of the biggest company are already adopted the system of bitcoin. nothing is perfect in this world, but if it happens, it will take a very long time, when they tried to hack her, the bitcoin users also fix all the weaknesses that exist within bitcoin, all of this has always kept a continuous
Well if you see how bitcoin crashed 2 times in 1 month you can see it's not very strong. Then we have the blocksize debate where parties are not seeming to agree what needs to happen
That could hardly be called a crash
A genuine crash should persist at least for some time. What we have seen (especially the first time) looked more like a manipulated attempt to instigate a panic selling. While this attempt certainly succeeded at some point, the market was quick to find out what's going on and the second time panic selling didn't even start for real (despite the fact that the reason for it should have produced more severe decline). The very fact that Bitcoin is skyrocketing right now tells much about how manipulated these so-called crashes were
Bitcoin is still an experimental work. So it is necessary to keep this in mind when assessing the bitcoin. It is not a seated system like traditional money systems. So the price fluctuations are very normal. It is very important to be able to act calmly in dump and pump situations.
How strong Bitcoin is depends on it's users because they actualy determine the value by demand and supply, how much they use it and how much is adopted. Security is also very important question and it matters if people who are using Bitcoins feel safe and secured. As long as people want it and use it it will have the value.
I guarantee bitcoin has very strict security if you're taking advantage of all the security features that have been provided by blockchain.
If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead.
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it
Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely
people will gonna support this virtual currency even the government do not.
of course bitcoin will be stronger in the future
If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead.
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it
Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely
people will gonna support this virtual currency even the government do not.
of course bitcoin will be stronger in the future
If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead.
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it
Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely
people will gonna support this virtual currency even the government do not.
of course bitcoin will be stronger in the future
If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead.
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway
I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it
Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely
people will gonna support this virtual currency even the government do not.
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