Topic: Is Bitcoin really secure? - page 118. (Read 21626 times)
Bitcoin is really secure in terms of our identity because bitcoin doesn't require us to put our personal information to just execute a good transaction where it is really happening in the regular currencies that we have which is very prone for bad things to happen like identify theft and many more. Bitcoin is really secure and that is why investing in bitcoin is a good choice especially if you are really into long term.
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
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
Well, you are asking this question because you introduced the bitcoin to your family and all family are asking same question.
Like my family also feel hesitation to use the bitcoin because they don't believe or feel insecure about bitcoin.
But i believe on bitcoin than i have good earning from bitcoin.
However I only say to you, that bitcoin is worldwide crypto currency and it have spend a long period with full of secure.
I do not really know the system works. But is not that bitcoin using blcokchain technology that makes our privacy safe?
Blockchain technology is really a secure transaction network for bitcoin transactions due to that ever btc add has an encryption ability to hid from attackers who hack the system. Maybe you are asking how secure is the currency of bitcoin as an investment, well I tell you risk is always there in every investments but I tell you that bitcoin's journey has gone more challenges but it remained secure as a reliable investment so far even though it's a volatile type of currency.
Well if there is a security breach within the blockchain system I think that would be only Satoshi and satoshi wasn't really intended something like that to happen because that could possibly broken the bitcoin system, and right now bitcoin had reach so many years right now and just look at the price and for that long bitcoin have still goes with it's composure.
What's i know bitcoins is really secure due to until today bitcoin's network is fine
no one in the world who can hack bitcoins network or be found issue on bitcoins network,
although bitcoins network will become dangerous if many supers computers be used by the people
around the world for computing daily, but it will not happening due to super computers are very expensive.
no one in the world who can hack bitcoins network or be found issue on bitcoins network,
although bitcoins network will become dangerous if many supers computers be used by the people
around the world for computing daily, but it will not happening due to super computers are very expensive.
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.
agree with you.The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.
just if you lost password's wallet or whatever that can lost your bitcoin by yourself, its save.
just save in wallet, dont let know everyone
I know much more cases of hacking of Bank cards than bitcoin wallets. Not going to tell you how to hack a credit card, but believe me it's very easy to do. You can safely haworthii at observance of safety rules of using a computer bitcoin safer than a credit card.
I think it is secure as long as:
1) You don't keep your bitcoins in exchange
2) You keep them in cold storage
3) You don't have viruses
4) You aren't dumb and keep your codes safe.
All these hacks usually happens in online exchanges, so i wouldn't recommend you to keep more than 0.5 bitcoin there, unless you trade often.
1) You don't keep your bitcoins in exchange
2) You keep them in cold storage
3) You don't have viruses
4) You aren't dumb and keep your codes safe.
All these hacks usually happens in online exchanges, so i wouldn't recommend you to keep more than 0.5 bitcoin there, unless you trade often.
Ya buddy you are right. Following some basic steps make bitcoin safest among any other Altcoin. So just use some simple security system like finger print sensor. Even the password may be a alpha numeric or Your name or your fiance name even may be your mom name.Take to make the password which not found by anyone to made bitcoin safest.
Oh yeah, forgot to mention fingerprint scanner, though this is used mostly for phone wallets which aren't that safe as paper wallet for example. I guess they are good as long as you don't have a lot of bitcoins there.
I also agree with password, it is not that hard to make good strong one - just type random letters and numbers and write them down on paper so that you wouldn't forget. It is better to have harder and longer password than short one.
Yes, Bitcoin is really secure. It has powerful security system. It is online based wallet. Most of the people depend on btc whose are trading and online earning in many ways.
I do not really know the system works. But is not that bitcoin using blcokchain technology that makes our privacy safe?
Blockchain technology is really a secure transaction network for bitcoin transactions due to that ever btc add has an encryption ability to hid from attackers who hack the system. Maybe you are asking how secure is the currency of bitcoin as an investment, well I tell you risk is always there in every investments but I tell you that bitcoin's journey has gone more challenges but it remained secure as a reliable investment so far even though it's a volatile type of currency.
I do not really know the system works. But is not that using blcokchain technology that makes our privacy safe?
there are plenty on options if we really talk about the wallet or exchanges to secure bitcoin. i donot think that they are unsave or unsecure ar there are chances of it to being hack. different exchanges provide you different security option which you take to secure your wallet.
Well, in its own respect yes and no. The main limitation to bitcoin's safety is the computer / server the coins are stored in. Bitcoin is only as secure as your computer is, nothing less.
Still, the most secure ways to store bitcoin are to buy a hardware wallet, such as a Ledger wallet or Trezor. This will make sure that the private key that you have will only be yours, and not controlled by someone else. That is the biggest problem with online wallets, they are in control of your private keys. Meaning that if they get hacked, all the keys might be compromised.
Still, the most secure ways to store bitcoin are to buy a hardware wallet, such as a Ledger wallet or Trezor. This will make sure that the private key that you have will only be yours, and not controlled by someone else. That is the biggest problem with online wallets, they are in control of your private keys. Meaning that if they get hacked, all the keys might be compromised.
Yes of course bitcoin safe because of the private key that is only known by the user only. In addition there are already kiptografinya rules which can make bitcoin owners can avoid the risks. But we must be vigilant because sometimes we do carelessness that causes bitcoin that we have lost.
Yes I can say that 100% sure that bitcoin is secure if you keep it carefully.No one can steal your bitcoin if you careful about it. You have to keep your username,email adress,email password, wallet password carefully.Than you will also feel safe. Thank you. 
I think bitcoin is one of the safest options out there.
Its private keys are nearly impossible unlock/solve etc.
Its private keys are nearly impossible unlock/solve etc.
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.
The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.
That right so secure your btc wallet.
Dont give your codes pasawords etc to access your wallet to others
The only major threat I see to the security of bitcoin is the advent of quantum computers. It hasn't quite happened yet, although speculation is abound that it might someday soon. There is a very limited number of problems that today's "quantum computers" can solve faster than regular computers. Tomorrow might be a different story, though.
Bitcoin has proven is really secure, it depends us in managing or keeping bitcoin how it. In bitcoin seems to have proven security of it, only we must be more careful in transactions, make decisions, and choose a trusted wallet and proven safety. Don't dirty or sloppy on using, indeed internet connection is prone to hackers but it depends on us to be carefull and more thoroughly to using internet connection i guess.
I do not really know the system works. But is not that bitcoin using blcokchain technology that makes our privacy safe?
Bitcoin wallet, you cannot say that it was secured because there are some hacker that they hack some million of bitcoin. If you want to be secure your wallet, do not tell anyone about your money and also your password.
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Bitcoin is fully secure only if you dont store your wallet passwords on your desktop, any notepad, etc.
If someone hacks you, he will need to know your private key, if he doesnt have it, he wont we able yo touch you anything, so as you see, bitcoin is secure unless you are an idiot.
If someone hacks you, he will need to know your private key, if he doesnt have it, he wont we able yo touch you anything, so as you see, bitcoin is secure unless you are an idiot.
i think as long as we can save our private key in safety place and only us that will know the place, i think its safe from someone. beside that, its really hard to crack bitcoin wallet password and only people which have high skills that can do. maybe we can duplicate private into another place so it will more secure and safe.
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