Topic: Is Bitcoin really secure? - page 16. (Read 21637 times)
It depends on how you care your bitcoin because bitcoin is very secure but if you are careless maybe your bitcoin Get hack or steal.
Aside from that, bitcoin may be a shared computerised money that is fast, secure, and localized. In what manner will a applied scientist hack the localized system sponsored with solid and unbreakable cryptography? it's freaky. In what manner will the administration boycott computerised cash that's distributed that take at internet|the online|the net}? to boycott bitcoin wholly you must initial shut down the web that all freaky further.
bitcoin is not dangerous. do not laugh. The biggest danger is we ourselves, that's all.
Bitcoin is a safe place to invest, and investors' money is well kept, and there are plenty of wealthy Bitcoin builders, so we do not have to worry about it happening. Fraud or risk of loss, Bitcoin only dangerous when an investor does not have enough knowledge but still engaged in buying and selling.
Yes , I am sure that btc is still secure.
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
From some known sources, Bitcoin Technology - protocols and cryptography - has a strong record of security records, and the Bitcoin network is probably the largest distributed tally project in the world. Bitcoin's most common disadvantage lies in the user's own error. Bitcoin wallet data that holds private keys can be erased accidentally, lost, or stolen. This is similar to physical cash stored in digital form. fortunately, users can apply security measures to protect their money or use the services of providers who offer high level security and insurance against theft or loss 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
Yes bitcoin is safe and almost impossible to steal unless you are negligent
Ofcourse, Bitcoin is really secure tho if you are careless person then you can lose your fund in your wallet. You need to secure it with your 12 phrase password. Don't lose it but keep it in a good places or write it down on a piece of paper.
bitcoin is safe, which is why it has such success. If you use a reliable purse and responsibly treat it, nothing will happen to your money. Now there are wallets with double passwords, codewords, two-factor authentication system, which makes bitcoin safe.
I think that security is a lot where but also there are many where there are errors for example criminals can hack the system no one is insured
If you dont trust in the blockchain of the bitcoin, i think you cant trust in any computer in this world. Because the blockchain is just thousands of miners and nodes which are connected, and if anybody wants to "hack" this network, they will need to hack at least 51% of this (in theory, because nobody already tried this). The security problem in the world of the cryptocurrencies is the part of the acquisition and the spend of it, because you will need to trust in the other part, but you never will escape from this problem, with bitcoin or not.
I think Bitcoin / Cryptocurrency / Blockchain is very secure because it has complicated code to be solved by Hackers. A hack can happen if we are not careful either in storing data privacy or it can be from the network .
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
Bitcoin was built from the ground up to be very secure - there are many proofs of work and confirmation for transactions, even in the event of a catastrophic attack, say from a nuclear weapon - the Blockchain would still be able to continue..
Most people who lose coin and mainly themselves to blame, from not backing up the private keys to even just having no passphrase to protect their coin - some even fall prey to keyloggers and malware that steals the wallet.dat file credentials, all with triggers so please do not browse dodgy or illicit websites..
Investing in bitcoin is safe, bitcoin is a complete guarantee of security and privacy, I think if you want to invest in it, you should first learn and have a lot of knowledge about bitcoin. The experience and experience will help you overcome the risks, and bring huge profits from it.
if asked whether or not safe bitcoin in my opinion safe. if you keep your account with good (safe) certainly your assets will not be lost. negligence in saving account that you have can make you will lose your bitcoin assets.
Bitcoin is really secure only if you don't use any middleman like exchange or blockchain.info and others centralized wallets.
Bitcoin is decentralized, where there is not a centralized agency that governs the existence of Bitcoin, a hacker will also have trouble hacking Bitcoin, because the implemented blockchain technology is the best technological development for system transparency purposes and all the transactional flows that occur in Bitcoin, are interconnected
as long as there are hackers any system can be hacked, it also depends on the wallet that we use how strong the level of security. but so far my wallet has never been hacked as long as we still follow the correct security procedures, I make sure our wallet will be safe
Yes bitcoin is really secure but it depends going as regards for the order of you if you will be cautious in all harshly comings and goings that involves your wallet but if you dont have the funds for the hacker a inadvertent to hack your wallet hence their is no possibity that your bitcoin will be hack and as well as you have password in your wallet therefore you enlarged be cautious taking into account your transactions and dont manage to pay for you come taking place gone the maintenance for an opinion to a person or site that is not trusted by alot of people.
I think bitcoin isn't secure. My brother lost a lot of money because hackers
steal .Although he is very careful. As the bitcoin is dependent on the internet connectivity there are chances of being getting hacked
steal .Although he is very careful. As the bitcoin is dependent on the internet connectivity there are chances of being getting hacked
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