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Topic: Is Bitcoin really secure? - page 21. (Read 21623 times)

newbie
Activity: 37
Merit: 0
March 13, 2018, 02:48:34 PM
Bitcoin was well thought and designed when it was created and of course it is secure. It is more secure than anything else
The security of bitcoin is not the issue because it already has a lot of wallet that keep it secure for the investors and it use to grow, fast growth of bitcoin is increasing the security people have become financially educated and they knows how they can keep their bitcoin safe from hackers, for the security I would like to suggest you to use blockchain wallet and the paper wallet it is very convenient and reliable to use it is fast in transaction and the conformation also your bitcoin will grow safely.
member
Activity: 364
Merit: 10
March 13, 2018, 02:07:12 PM
Yes i think this and also believe Bitcoin is a safe and secure way. It's very effective for all of us. I think one day the hole world will go under BTC transaction.
Because BTC popularity is increasing day by day. According to me Bitcoin ban shouldn't be happen in future we should allow this coin all over the world.
newbie
Activity: 42
Merit: 0
March 13, 2018, 01:11:54 PM
Bitcoin, because it's decentralized, is HIGHLY secure. The only way it can be stolen is if someone gets your private key. Otherwise, it's basically impossible to hack.
full member
Activity: 199
Merit: 100
March 13, 2018, 12:45:17 PM
I totally trust bitcoin. It's really safe. In the last few years, we have seen how it evolved.
Many governments have gradually accepted the bitcoin that is a good sign. It is essential for our lives.
newbie
Activity: 102
Merit: 0
March 13, 2018, 12:43:24 PM
Yes,BTC secure than any asset!
member
Activity: 596
Merit: 10
March 13, 2018, 12:32:02 PM
Bitcoin itself is safe, but usually people have problems with the correct, safe storage. Therefore, pay great attention to this issue when you buy cryptocurrency.
member
Activity: 266
Merit: 10
March 13, 2018, 11:35:48 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

Nothing is absolutely safe in the financial markets, there are high profits there are big risks, take control of yourself.
newbie
Activity: 134
Merit: 0
March 13, 2018, 11:28:51 AM
Can be said bitcoin is safe, because we know blockchain is a very safe bitcoin storage for the endurance of the hackers. And bitcoin also can not be controlled by the government. They will not be in control of the bitcoin.
newbie
Activity: 114
Merit: 0
March 13, 2018, 10:39:56 AM
I assume bitcoin is very safe, because the blockchain used has become a safeguard on the bitcoin itself, the government can not ban the transaction, the misuse of bitcoin depends on who uses it, the development of the digital world has made the world progress, so I think we should really appreciate it all.
member
Activity: 336
Merit: 10
March 13, 2018, 10:09:42 AM
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, Ant. The experience and experience will help you overcome the risks, and bring huge profits from it.
newbie
Activity: 77
Merit: 0
March 13, 2018, 09:47:27 AM
Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness. Smiley
The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

No one know if bitcoin is really secure because of the price of it is not stable. But we can continue of using bitcoin, because their are future in life of bitcoin. So everybody are crazy bout bitcoin.
member
Activity: 308
Merit: 10
March 13, 2018, 09:36:08 AM
Bitcoin is very safe, nobody can get money from you, even Bitcoin is completely secure because it does not allow anyone to access your wallet, only those who have a special private key code can access that wallet and that code cannot be hacked.So I am sure bitcoin really secure.
newbie
Activity: 196
Merit: 0
March 13, 2018, 09:17:56 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

The only way that Bitcoin will not be secure is your ignorance.

Bitcoin is made secure by blockchain technology it will only goes unsecured if you are not aware what you are going or because of your own lack of responsibility. As you have your funds, you should not be too complacent about the security promises of your wallet rather be careful on whatever you do.

Lastly, Banning of Bitcoin doesn't make any sense. People will still use it in underground, which is happening in reality. Like what happens in China when they banned Bitcoin.
jr. member
Activity: 308
Merit: 1
March 13, 2018, 09:15:00 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

Of course its possible to lose bitcoin especially when there is a negligence on your part. However,its obviously safe unless you shared your coin wallet password to others which the chances of losing your bitcoin is much higher,or you accidentally typed-in wrong coin wallet site and you happen to enter to a phishing site which could basically be one of the reason to get stolen from.
About the government's capability to ban Bitcoin. Its possible too.
I think there are other countries right now that overturned their support on bitcoin because of taxation issues and control of it.
newbie
Activity: 17
Merit: 0
March 13, 2018, 08:54:54 AM
End address Bitcoin is written to the blockchain as a hash of the private key created based on the password. When used for authentication on the BrainWallet.org website, a hash of the password will help determine the word or phrase by comparing it to the original. This means that the data can be used by attackers who are searching for a password.
newbie
Activity: 104
Merit: 0
March 13, 2018, 08:52:40 AM
bitcoin is secure but your account is not secure if you carelessly access some websites in the net that are not known or not safe that can get your personal information like password.
jr. member
Activity: 180
Merit: 3
March 13, 2018, 08:44:09 AM
Yes, investing in bitcoin is quite safe. I think if you want to invest in it you should first learn and have a lot of knowledge about bitcoin. Knowledge and experience will help you overcome the risks.
newbie
Activity: 42
Merit: 0
March 13, 2018, 08:43:59 AM
If you're just a dumb and don't know how to protect your keys well, all I can say... Say good bye to your bitcoin. Bitcoin is a totally secured, you must need to know how to protect your private keys or better to have an cold wallet. You know in this internet world, you can't trust even a single website specially if you want to store your bitcoin. Be aware to phishing sites and be vigilant to all times. Stay away from suspicious website.
sr. member
Activity: 524
Merit: 250
March 13, 2018, 08:38:25 AM
I'm using web wallet from blockchain and xapo, I'm glad because until now I have not found any serious security issues, it's because I activated all the security features even I keep it in Vault so bitcoin becomes very safe.
newbie
Activity: 115
Merit: 0
March 13, 2018, 08:32:40 AM
Bitcoin is very secure.
The only way bitcoin isn't secure is if you don't store your coins well and do not secure your wallets properly. Maybe you get careless and leave your keys where someone else can get to it then your bitcoin is no longer secure and someone else will help secure it for themselves Grin
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