Is Bitcoin really secure? - page 103.

cherrymobile

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Quote from: Aveatrex on August 16, 2017, 09:27:57 PM

Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers

Bitcoin is so much secure but if you don't secure your password or account i think that is one possibility that maybe your account hack by hackers so secure your wallet or password in a safe wallet .

Mr. Legendaris

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All depends on us, if we arbitrarily create a password would be easy to guess the hackers. Bitcoin is kept anywhere safe as long as we activate the security features and certainly use the original identity so that if there is an easy problem to claim.

donGeilo

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Nowadays evrything is getting hacked. The government can manipulate the bitcoin market easily thus stopping the transactions. Bitcoin passwords and addresses should also be kept at some safe place where there is no access of other people. But there are always some ways to acces your account through VPN settings and proxy sites if government bans bitcoins in your country. But bitcoins are still not that secure , we must keep investing them and not keep them for a long time to be on a safe side.

shursight

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I agree 100% that our bitcoin's security depends on us, not on the wallets that we are using.. If we do not enable all the security options that our wallet recommend us (i mean, 2fa, three phrases, json) we can not expect to never be hacked or stoled, doesnt matter if we are using an offline wallet or a coinbase one.
So i am tired of reading posts of people who are being stoled because they are not putting security layers to their wallets.

tiptopgemdotcom

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Truly decentralized stable asset

Quote from: thelemot on October 03, 2017, 03:11:10 PM

Yes,bitcoin is really secure. It's security depends on ourselves. If we keep our bitcoin in secure wallet

Any hacker who smarter than you can hack all your personal information icluded all kind of crypto wallets with doin some social engineering tricks.Be smarter and hold valuable things offline.

thelemot

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Yes,bitcoin is really secure. It's security depends on ourselves. If we keep our bitcoin in secure wallet

Colt81

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Quote from: ivrynx on August 16, 2017, 10:21:19 PM

yes, bitcoin is secure, considering the fact, that before you obtain a bitcoin, you will need to have a wallet, the wallet itself is generated through codes, and you need to have a password, a pin, or a passphrase for you just to access your wallet. The wallet itself being encrypted gives you security already, then once you have a bitcoin to store in your wallet, you will also need your passwords or access to send your bitcoins, also your bitcoins has its own algorithm, hackers will have a hard time to get your bitcoins, just make sure the wallet that you have is secured, don;t give away the important details for your wallet and take care of where you are storing your coins, be it a desktop wallet or a ledger, don't be careless.

Bitcoin is totally secure and we all know that they have high security that no one can stealth your bitcoin. In addition, if you want to keep your bitcoin secure you must put it in bitcoin wallet. Lastly, you must keep your password and private in safe place and do not share it in other people.

daarul50

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There is no security that cannot be hacked because that's the function of a hacker, maybe even a security facility created by the hacker, we do not know right?
but, what I feel about the benefits of using blockchain is a transparent system so that all users can know the entire transaction of a user. In blockchain, we can know a user's transactions with complete such as income, expenses, balances along with date and sender or recipient details.
Perhaps the existing system in the blockchain is a financial system solution that can be applied in government in the country so that corruption can not re-action because every transaction there is data.

Baby Dragon

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OWNR - Store all crypto in one app.

Quote from: _MrTuyul404 on August 16, 2017, 09:39:50 PM

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.

The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

Actually, bitcoin has high security level in which no can stealth your bitcoin. If you want to make it secure you must out your private and password in a safe places and do not ever share it in other people. Lastly, try to put 2fa to make it more secure.

Fatoshi

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Bitcoin is only as secure as your behaviour. Get a cheap hardware wallet and you will never ever lose a satoshi.

BurntSnow

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GET IN - Smart Ticket Protocol - Live in market!

You should apply a verification code for your computers and mobile phones. This code keeps your security so that you can make sure.

reflector

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Quote from: BitcoinMarshal on October 03, 2017, 02:02:26 PM

Quote from: Lyancy001 on October 03, 2017, 01:57:37 PM

Bitcoin is secure, for now. But it's up to you if you make your Bitcoins safe or not. Just don't be careless. Put your Bitcoins somewhere safe.

I also believe its very secure and safe just your own carelessness can give you lost as its give me and I lost my 1.5 bitcoins to a scammer no one can ban this as its working decentralized we can openly work without any fear blockchain with the help of devs doing very good work feel this can not hacked

You can give better explanation bro. We have keep wallet.dat file and private key more secured if you big fund especially. For online we cannot give guarantee for the bitcoin to be safer completely because it is shared private key with the online wallet provider. When you log in to your bitcoin wallet use app or correct url to reach your wallet safely else will be scammed.

Jgatsby

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Pretty kewl right?

Sure it is. Bitcoin is really safe and secure, no hackers will be able to penetrate it, unless you're not careful enough or you don't have enough knowledge how to use this bitcoins and wallets chances are you may lose your money/bitcoin. Just do your part, do a little research on how to use it properly before using one, negligence is one of the reasons why people lose their bitcoin.

tramadols

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I've read an article from a computer creator, he said, all the devices that are on the computer online can all be taped without exception. so I guess it's always a risk when we play in the virtual world.

JTASSOCIATES

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Yes Bitcoin is really safe.

Due to the lack of precausions only some were mishandleled.

blazingshockwave

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Quote from: Aveatrex on August 16, 2017, 09:27:57 PM

Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers

It is highly secure. For years, many hackers tried to penetrate bitcoin system but none of them is successful. You may hear others complaining that their bitcoin is being hacked but the truth is it was his fault. It was negligence on their part.

BitcoinMarshal

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Quote from: Lyancy001 on October 03, 2017, 01:57:37 PM

Bitcoin is secure, for now. But it's up to you if you make your Bitcoins safe or not. Just don't be careless. Put your Bitcoins somewhere safe.

I also believe its very secure and safe just your own carelessness can give you lost as its give me and I lost my 1.5 bitcoins to a scammer no one can ban this as its working decentralized we can openly work without any fear blockchain with the help of devs doing very good work feel this can not hacked

CrimBit

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for me bitcoin so secure right now, we can own our private key, we are real owner for our money not like we save our money at bank.
and trading bitcoin is more fun by holding bitcoin, not like forex trading.

Lyancy001

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Bitcoin is secure, for now. But it's up to you if you make your Bitcoins safe or not. Just don't be careless. Put your Bitcoins somewhere safe.

bncbnc

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Quote from: Anfisman on October 02, 2017, 05:59:09 AM

Fraud (phishing) has been known in the online world. Phishing occurs when fraudsters create emails, messages, login pages, and / or websites that look like authorized and trusted companies. When users enter their information (such as username and password) on the fake website, the fraudsters will have access to the user's account. If the account is an account where Bitcoin is stored, then the fraudsters will easily steal your Bitcoin.

If a user has the same password on multiple sites, then fraudsters may access other sites containing more sensitive information.

It is right that care is important in bitcoin business and I think everyone is so careful in this case. Bitcoin is secure because block chain is not so much weak system that it may be hacked. Wallets are secure, due decentralization government access to bitcoin accounts are secure, and we can openly trade, so I think we don’t need any fear to have business in bitcoin.

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