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Topic: Is Bitcoin really secure? - page 37. (Read 21637 times)

newbie
Activity: 196
Merit: 0
February 16, 2018, 10:50:05 PM
Bitcoin is really secure for me. most of accounts required security check for safety, they provide personal cellphone number verifying your code. and many others.
member
Activity: 336
Merit: 10
February 16, 2018, 10:45:48 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 is secure for your income if you are really good in marketing and your decisions are failure on when to invest or sell your coins. Another thing is that, you should choose a reliable exchanger or wallet to hold your coin.
sr. member
Activity: 546
Merit: 250
February 16, 2018, 10:44:41 PM
Also we can not say that bitcoin is secured because at the present time there is so much bitcoin site scammer yes let's say that the name bitcoin is secured but you can not really avoid that you are incounter of people who want to earn as hard as they want you The only problem is that they will benefit. Nowadays, there are more scam sites over secured bitcoin sites.
member
Activity: 210
Merit: 10
February 16, 2018, 01:55:17 PM
Honestly , your bitcoins are totally safe if you keep your private key in the secret place, private key is everything and if you lost it, your bitcoins all lost for sure and noway to get them back.
Secure or not it's all depending on yourself because noone could do anything to the blockchain system.
newbie
Activity: 56
Merit: 0
February 15, 2018, 11:45:30 PM
yes, because there are so many powerful bitcoins and scams are not easy to access because bitcoins and large ones support it so bitcoin is secure
member
Activity: 420
Merit: 24
February 15, 2018, 11:45:07 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 don't have to worry because no one can hack the blockchain. The only thing that you should worry about is your secret pass phrase. If it falls to the wrong people then all your bitcoins will be gone. The best thing to do is purchase a hardware wallet for all your coins for higher security. You can use Trezor or Ledger Nano as a storage for all your coins to have more security with your investments. Tell also your friends to invest an amount they can only afford to lose so that you won't get blamed if the value of bitcoin will crash in the future.  Smiley
full member
Activity: 237
Merit: 100
February 15, 2018, 11:35:26 PM
Yes bitcoin is secure and you need to turn on all your 2fa's for you to secure all your account having money on it. Just keep on mind to remember to keep your password on safest place for you to access it quickly when you need it.
member
Activity: 372
Merit: 12
February 15, 2018, 10:57:34 PM
I can say definitely yes it is secure, Bitcoin running with the internet connection at around 8 and coming to 9 years with that years from the beginning up to now hackers failed to do so they keep it trying but they failed we all knew of this hackers targeted Bitcoin because it is carried a volume of currency around the world but hackers failed and failed, for me Bitcoin wall systems definitely secured.   
jr. member
Activity: 127
Merit: 3
February 15, 2018, 10:46:53 PM
everything you do about your bitcoin or any other cryptocurrency is greatly your personally responsibility you should be able to protect your bitcoin cause its your money you responsibility to keep it safe and away from hackers and other criminals .bitcoin will only be secured when you keep your wallet details safe and away from the general public
full member
Activity: 263
Merit: 102
February 15, 2018, 06:54:58 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 bitcoin is very secure, and almost not possible to hack, if you use coin wallet that are legit. and the decentralization method ensures that no one can become the central in bitcoin storage and all the security only manage by the bitcoin owners.
hero member
Activity: 1139
Merit: 500
February 15, 2018, 06:54:39 PM
Sure too much bit of bitcoin is secured today and hackers do not just get the bitcoin site for a bit but there are some scammers but it does not get bothered because it's just a scam, but when your account is hacking your concern because when hacking your account can not be restored to you anymore.
Yes bitcoin can really secure future lives. It also helps everything on you especially saving money for the future and in financial needs. Bitcoin helps you gain money and when you already a part of it, it helps you hiding your identity. You, only yourself know everything about you. No one can hack bitcoin because it really secure and safe for everyone unlike other coins.
sr. member
Activity: 672
Merit: 250
February 15, 2018, 06:50:57 PM
Sure too much bit of bitcoin is secured today and hackers do not just get the bitcoin site for a bit but there are some scammers but it does not get bothered because it's just a scam, but when your account is hacking your concern because when hacking your account can not be restored to you anymore.
Yes bitcoin is really secure. Too much of this can really secure peoples life. Bitcoin is not also possible to hack someone eventhough there are hacking in altcoins but bitcoin is not a victim on it because bitcoin is safe to everyone. Bitcoin will be more secure if you will use a coin wallet that are legit. There are some coin wallet right now that has a several function that are very useful to bitcoin users. Bitcoin is really secure because you alone knows everything about your information, it means if you are a part of this your identity is unknown means bitcoin helps you hide your identity.
member
Activity: 364
Merit: 10
February 15, 2018, 05:55:32 PM
By itself Bitcoin is safe and vryat it will turn out to someone to break it. Another issue is the reliability of your wallet. There must be accuracy in the use. Keep your data in a safe and secure place.
hero member
Activity: 756
Merit: 502
February 15, 2018, 05:17:58 PM
Are bitcoins really safe? I think it's not safe, since you do not have any proof of your ownership of the bitcoin. When you lose you can not go tell the authorities to report that you lost some bitcoin. However, I still invest in this market because the profitability of this market is too great.

Forget about the authorities. A friend of mine got stolen for the 15th time - no joke ! - and since in the 14 previous times police did nothing, he did not even bothered to report it, since all they do with it is statistics, even probably biased. This is to say that in life, if you lose something, Bitcoin or not, you can only count on yourself. But Bitcoin is safe enough so it should never happen if you are cautious enough.
newbie
Activity: 7
Merit: 0
February 15, 2018, 05:12:30 PM
Yes. Bitcoin is very secure, and almost not possible to hack. Although there have been hackings going on by altcoin, Bitcoin is not a victim Smiley
sr. member
Activity: 686
Merit: 260
February 15, 2018, 04:39:51 PM
I don't think so
More exchange can be hack!
Save it a secure a wallet you can protect your asset!

Bitcoin's gonna be really secured if you will use coin wallets that are legit.
Most wallets today offers several functions that are very useful for bitcoin users.
Bitcoin is secured because you alone knows everything about your information, not like the bank that you will have to pronounce everything to the bank teller.
full member
Activity: 406
Merit: 100
February 15, 2018, 04:33:28 PM
Sure too much bit of bitcoin is secured today and hackers do not just get the bitcoin site for a bit but there are some scammers but it does not get bothered because it's just a scam, but when your account is hacking your concern because when hacking your account can not be restored to you anymore.
jr. member
Activity: 163
Merit: 1
February 15, 2018, 04:27:38 PM
yes bitcoin is secure when you keep it properly and in regards to long term investment this is very great to keep and hold, bitcoin has been used for a long time and until now still continues operation and many actually invest from it. Many investor invest in bitcoin not only for those rich but also the people who are liking investment,also students are using bitcoin and they were working to have it.
member
Activity: 132
Merit: 10
February 15, 2018, 03:32:44 PM
I think bitcoin is really secure. The decentralization method ensures that nothing becomes central to bitcoin storage and all security is manage by bitcoin owners. If bitcoin owners are careful of their bitcoin security, so its really secure.
member
Activity: 420
Merit: 18
February 15, 2018, 02:43:27 PM
yes Bitcoin is 100 percent secure that's the reason why Blockchain is becoming so popular because of Bitcoin open source transaction ledger keeping
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