Is Bitcoin really secure? - page 25.

donpepot

newbie

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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.

Yes because a News reports indicate that bitcoins are being used in the country. The Costa Rican Central Bank announced that bitcoin and cryptocurrencies are not consider currencies, and are not backed by the government nor laws. However, they are not illegal.

btc.fanda

jr. member

Activity: 100

Merit: 1

If you think it for long time then it is Secure other wise not

MD Emon

newbie

Activity: 66

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bitcoin holding are very secured i suggest used the wallet wih strong privatekeys and do not put your bitcoin into one wallet you can create multiful wallet like electrum poloniex coinbase etc. and aloso you need to take care of your privatekeys for your security.

Merugu

newbie

Activity: 176

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In my opinion, bitcoin is very safe to use for profit by way of easy investing we earn a lot of money, because today bitcoin is so popular around the world, so for them bitcoin is very valuable to get good profit.

ramgonzales

jr. member

Activity: 162

Merit: 1

I believe Bitcoin is secure and safe, for the almost ten years now,hackers have been trying to get in the system but failed time and time again. I am very confident that Bitcoin is safe and secured. But you need to be responsible with the security of your own passwords, keys and all the credentials you need to access, secure and store your coins.

nmax21

full member

Activity: 350

Merit: 102

Blockchain can not be hacked because it is decentralized and stored on millions of devices on the planet. And the security of your coins depends only on you.

gwaposakon101

newbie

Activity: 53

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for me bitcoin security is really much secure, bitcoin has its own security, just one of the prove that bitcoin is really secure was for me is, there are a lot of big investor that invisiting in bitcoin, just imagine that , if you are a big investor you are choosing the best invisting site, they are investing in bitcoin because they know that bitcoin is safe, bitcoin security is secure.

sheryl26

full member

Activity: 322

Merit: 100

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

For me knowing that they are online they are not fully secured even if they are saying that it is 100% secures because in the internet it is easy to access so it is also easy to be hacked by the professional hackers but in thia day there are now news that are saying that the bitcoin wallet have been hacked because they are still secured but if you want to be really inhackeable the. Buy an offline wallet then store your bitcoins right there.

pekavcilar01

newbie

Activity: 238

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The most reliable way is offline wallets.
Hackers exploded many stock market sites. It is not very reliable to keep coin on stock exchange sites.

godrey123

member

Activity: 188

Merit: 10

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

Yes bitcoin is secure. It is equipped with super complicated algorithms that is very difficult or might even impossible to be hacked. I think that the only way a hacker can hack bitcoin is because of our own carelessness. The only thing that can decrypt your wallet is your private key. So I suggest that you should be care full about it .

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

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.

Apart from that, bitcoin is a peer-to-peer digital currency which is fast, secure, and decentralized. How can a hacker hack the decentralized network backed with strong and unbreakable cryptography? it is impossible. How can the government ban digital currency that is peer-to-peer which work on the internet? to ban bitcoin completely you must first shut down the web which all impossible too.

camily.june24

newbie

Activity: 87

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Bitcoin is secure or not is depends on your knowledge of safe browsing on internet.

harobaru

newbie

Activity: 73

Merit: 0

bitcoin is secure because it is digital currency and its information is every people. Hacker can not hack bitcoin currency.

tyas pur

newbie

Activity: 182

Merit: 0

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 is Bitcoin not blocked for those who use it illegally by buying/selling in the deep web market?What if governments ban Bitcoin because of these people?
I really appreciate if you guys give me some answers

Investment asset is definitely safe and not. It's impossible for all to walk safely. But of the insecurity that, of course, many solutions that we can apply. You can say this to your family or friends. That if you want to invest must be ready to bear all the risks that occur.

Teagannr

newbie

Activity: 87

Merit: 0

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 wallet can be hacked, so never let your bitcoin password to anyone and the email used for bitcoin wallet. Keep wallet uptdated always and use strong password. You have to encrypt all your data and make regular backup.

bosshyip

newbie

Activity: 80

Merit: 0

Yes,Bitcoin is Secure payment system.Bitcoin Use Blockchain technology.

kmlhsan

newbie

Activity: 106

Merit: 0

Bitcoin's safety is depends on your security and your care. You have Bitcoin and oviously you have to have a wallet. And wallet need to access with password, private key or pin code. This pin code or password need to protect by you. So you have to take care your wallet privacy.

siddu1

full member

Activity: 274

Merit: 100

Yes Bitcoin is really secure.there is no doubt. you can invest in Bitcoin without any hesitation.no one can cheat with you through Bitcoin.even no one can hack your Bitcoin.so do not worry about Bitcoin security, just invest as soon as possible.

drukoz2

member

Activity: 395

Merit: 10

In a few years of working with bitcoin, I have never had to doubt its safety, all that I bought is left in my wallet. It all depends on you how well you will store your cryptocurrency.

vanslyien

newbie

Activity: 70

Merit: 0

The Bitcoin system itself is secured. User's negligence is another thing. The mere fact that we disclosed some of our personal information in BTC wallet and it remain safe is an evident fact, well there is always a risk but who wants to enjoy the game, feel the thrill without moving himself/herself in the safe zone?

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