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Topic: Is Bitcoin really secure? - page 13. (Read 21623 times)

member
Activity: 191
Merit: 10
March 30, 2018, 08:34:26 PM
Bitcoins are really safe form of investment and it is well protected by blockchain.  Bitcoin blockchain is very secure that is why many companies started developing technology based codes into the new world. Another aspect of security are the safety measures is take good care of your personal password and private key.
newbie
Activity: 154
Merit: 0
March 30, 2018, 02:32:10 PM
When you have no idea about scammers and phishing online bitcoin isn't secure for you and nothing becoming secure. Just read some stuff about it and you will become better.
newbie
Activity: 196
Merit: 0
March 30, 2018, 02:25:42 PM


If you are careful with a secret key, bitcoin is safe! I have been using it for 5 years,
I never failed! But you have to be careful.
member
Activity: 406
Merit: 11
March 30, 2018, 02:20:18 PM
Every currency related things in the world has risk and Bitcoin also has risk to be frank. However, if you don't think about risk and take risk as a challenge, then you are the next billionaire in Bitcoin. Just leave the risk part which every field has and concentrate on the profit part which no such thing than Bitcoin gives x1000 profit for your investment in a year.
member
Activity: 122
Merit: 12
March 30, 2018, 01:50:41 PM
It is impossible for a blockchain to be hacked, this made bitcoin special. It was perfectly establish with great security that no one can interfere with it even the government. On the other hand, if its about the wealth at the wallet, you have to be extra careful. Your bitcoin depends on how careless you are once someone got access on your wallet you arr no more in control with it. As much as possible do not have an exchange wallet. Bitcoin is secure, it was tested for many years. Many have tried to crash it but they fail.
newbie
Activity: 23
Merit: 0
March 30, 2018, 12:43:03 PM
If you decide to invest, then I would advise you if the project opened recently does not withdraw its funds at once. Let them also deal with the main contribution and then you will earn much more. Chim will take profit.
newbie
Activity: 119
Merit: 0
March 29, 2018, 09:42:20 AM
bitcoin at this time I feel safe as long as we do not give private key to others, but how we own that keep the data secret itself so that others do not know it.
jr. member
Activity: 199
Merit: 2
March 29, 2018, 01:43:08 AM
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

In my opinion my friend it is really secured  because you have your own private key. Dont give your private key to Any others so that no one can steal your bitcoins. 
full member
Activity: 322
Merit: 102
March 29, 2018, 12:42:32 AM
bitcoin is really secure i think
because it so complicated to smash and enter in it, many issues about bitcoin hack, but that was happen by human error itself not the system in it
and if that really happen, it will be affected to much for people in intrest of bitcoin
member
Activity: 476
Merit: 10
Student Coin
March 29, 2018, 12:38:10 AM
Bitcoin has security and im sure that its unhackable,because as of now  i have no encounter that this bitcoin was hacked,in my country which is thw philippines we used coinph as the bank of bitcoin and this is so secured thats why many people in the philippines who has bitcoin was used it.
jr. member
Activity: 168
Merit: 2
March 29, 2018, 12:37:48 AM
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 technology, including protocols and cryptography, has a strong security record, and the bitcoin network may be the world's largest distributed computing project.

The most common weakness of bitcoin is user error. The bitcoin wallet file that stores the private key may be accidentally deleted, lost or stolen.

As long as the wallet is kept and bitcoin is safe, there is no way for the government to ban bitcoin because it is distributed.
newbie
Activity: 116
Merit: 0
March 29, 2018, 12:32:14 AM

Bitcoin is safe. Since the birth of Bitcoin, the Bitcoin network has experienced countless DDoS attacks. Bitcoin has powerful community users. The core team is the maintainer of Bitcoin and is responsible for the mission of updating and repairing BUG. Bitcoin It has been operating safely for nine years!
member
Activity: 238
Merit: 10
March 29, 2018, 12:24:33 AM
Also area unit able not say that bitcoin is secured as a result of at the current time there's such a lot bitcoin web site sharpy affirmative parenthetically that the name bitcoin is secured however you'll not extremely avoid that you simply are incounter of individuals United Nations agency need to earn as arduous as they require you the sole drawback is that they'll profit. Nowadays, there area unit a lot of scam sites over secured bitcoin sites.
newbie
Activity: 40
Merit: 0
March 29, 2018, 12:12:05 AM
Bitcoin’s technology can be trusted so long as you know how it works, or if you rely on the right people. All of the thefts in recent years have been the result of carelessness on the part of bitcoin owners, or else incompetency or dishonesty from the companies they used. All in all, bitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
full member
Activity: 346
Merit: 100
March 28, 2018, 04:51:10 PM
Yes ofcourse,  in the long run of the company of bitcoins here in the industry;  they all ready establish a strong security which can protect the investments of their investors from the threat of hacking and stealing money
newbie
Activity: 110
Merit: 0
March 28, 2018, 02:12:51 PM
If you can secure your account,  I am probably sure that your account will be safe. Make sure that you're the only one who knows your username and password, that's one way to be secured. As we can see, the value of bitcoin seems growing well as well and it is one thing that hackers like. Our coin security depends on how we(individuals) use our accounts. We should keep it private everytime even with the person we trust the most.  Cool
full member
Activity: 658
Merit: 103
March 28, 2018, 01:56:44 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
You can secure all of your bitcoins if you will save it in safe wallet. You should always be careful because there are many hackers in cryptocurrency market. All of your bitcoins are safe if you will save it in trusted bitcoin wallet.
newbie
Activity: 182
Merit: 0
March 28, 2018, 01:50:09 PM
The safety of your bitcoin accounts depends almost how you meet the expense of advice your bitcoin it will adjust regarding how you consent to it not be steal or realize access by someone else for that excuse basically it depends upon our usage and paperwork of it. If it will he ban by the governement subsequently we'll have no notice more or less it but the illegal transaction can be prevented by us cooperating to one choice in order to prevent this scammers from taint our bitcoin community.

newbie
Activity: 134
Merit: 0
March 28, 2018, 01:43:11 PM
It is impossible to hack the blockchain and Bitcoin safe enough as long as you take proper security measures and never reveal your private key, and if a hacker has high skills in many aspects such as programmer, able to decode, security, and others and he does not alone, then maybe bitcoin can be hacked. but so far, the system is secure and until now, no one can decode. I believe that out there, many as a volunteer will ensure that the system works well without attackers that can damage the system and they are in the whole world and not just in one place. I do not know about blocking P2P systems because I do not really understand with this but as we know, after the transaction is done, no one will know for what the transaction is. maybe the government can block the connection to connect to the bitcoin port but trust me,
newbie
Activity: 170
Merit: 0
March 28, 2018, 01:22:22 PM
Bitcoin and crypto markets are always risky and unsafe. because of:
- Your wallet can be hacked and evaporated at any time.
- profit margins created by volatility.
- the media's reaction is seriously affecting the value of the market.
- The government's pressure on the crypto market is huge. It can cause the value to collapse quickly.
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