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Topic: Is Bitcoin really secure? - page 43. (Read 21637 times)

newbie
Activity: 90
Merit: 0
January 31, 2018, 07:03:45 AM
According to me bitcoin it is safe due to the security bitcoin have a very good unless mistakes yourself less careful in doing something concerns with bitcoin.
jr. member
Activity: 79
Merit: 1
January 31, 2018, 06:56:35 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

Well, as we can see, some investors, mostly known ones are investing to bitcoin, why would they invest if bitcoin isn't secure right? I would say bitcoin is secure, but first, as a commemorator, you should watch out for hackers and scams too!
member
Activity: 252
Merit: 11
January 31, 2018, 06:49:25 AM
If talking is safe anywhere we are not necessarily safe. Yes but if this really is bitcoin safe anyway. No one can steal the bitcoin because he shaped digital cannot. except our own carelessness either we save paswordnya or data about bitcoin. But the Government is also not as easy as it is to prohibit transactions bitcoin, because bitcoin is the future
member
Activity: 264
Merit: 11
January 31, 2018, 06:48:51 AM
Bitcoin is secure enough to fend off hackers and internet thieves away with its over the top security, however, if you are talking about security in terms of investment, bitcoin is not that stable, its high volatility rate is a double-edged blade. at times it goes very high that we are rejoicing and there are times that the value is low.
newbie
Activity: 15
Merit: 1
January 31, 2018, 06:38:43 AM
Bitcoin is secured. It's up to you how you handle or secured your account from the hackers first of all you need to private your information.
jr. member
Activity: 313
Merit: 1
January 31, 2018, 06:37:32 AM
bitcoin is really secure. blockchain, protocol and cryptography technologies have strong security records, and the Bitcoin network is probably the largest distributed tally project in the world. the true bitcoin system has no weaknesses, while the most common Bitcoin weakness lies in its user error. because Bitcoin wallet data that stores private keys can be erased accidentally, lost, or stolen.
member
Activity: 1204
Merit: 38
January 31, 2018, 06:34:04 AM
Of course it is.
Bitcoin is the most secure crypto in this world.Also for that you need a high security wallet to store your Bitcoin safe

Yes you are right bitcoin is built up with more security options and no one can hack or see how many bitcoin do you have but if you are very careless with your wallet or your transaction you will able to loss your bitcoin to other wallets so do carefully with your transactions.
newbie
Activity: 74
Merit: 0
January 31, 2018, 06:28:18 AM
YESS, no one can steal bitcoin without your carelessness and the government can not that easy to ban bitcoin.
bitcoin is really secure and save as long you keep your private key.
member
Activity: 112
Merit: 12
Assignments Trading Platform
January 31, 2018, 06:18:27 AM
According to me bitcoin is safer because Bitcoin stored in account vip, except bitcoin unsafe for indiscretion our own.
member
Activity: 350
Merit: 10
January 31, 2018, 06:15:25 AM
Actually bitcoin is really secure because they have high security in wich no one can stealth you bitcoin. but there will be posibility that you will be hacked when you entrust your personal account or even forgot to log out. so I sugest be careful to whom you trust and where you logget in and make sure you log out.
newbie
Activity: 132
Merit: 0
January 31, 2018, 03:15:45 AM
Yes bitcoin is really secured. Because of its highly secured security system. And this is the advantage of bitcoin than others. Maybe No one can steal or hack bitcoin, But this is not mean that your account cannot be hack. You are responsible on your account. Becarefull what you posting, and keep your private key safe make sure no one can know that, eccept you.
full member
Activity: 462
Merit: 100
January 31, 2018, 02:40:33 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

I think bitcoin wouldn't be this popular if it weren't secure. I mean bitcoin is being advertised anywhere in the internet which means there are many people who trust it for it to be shown to public like that. In addition, it is one of the oldest cryptocurrency that is still functioning which makes it more secure than others.
full member
Activity: 337
Merit: 100
Qravity is a decentralized content production and
January 31, 2018, 02:08:48 AM
According to many sites one thing that makes bitcoin special is that it is very secure. The advatage of bitcoin is that it is very well secured and acknowledge privacy of the user. For me, bitcoin is secured since it has proven so many times but bitcoin can be a little off because of scammers and our clumsiness in sending BTC or money.

Bitcoin is secured but it doesn't mean that we dont need to be safe it, still we need to keep our bitcoin safe even though we know its secure. Because hackers are always there.
newbie
Activity: 20
Merit: 0
January 31, 2018, 01:56:23 AM
Bitcoin is secured it depends how you handled it and to secure it prive your information from the hackers.
newbie
Activity: 104
Merit: 0
January 31, 2018, 01:52:38 AM
For me its a yes.. A big yes its secure . why? Because if its not secure why people trust bitcoin why a lot of people invest here and why people lasts here in bitcoin . me people personally I trust bitcoin and I feel secure. That's why when a friend of mine told about bitcoin no doubt I fastly  join here!
newbie
Activity: 41
Merit: 0
January 31, 2018, 01:35:05 AM
Yes it is safe as it gives the owner complete control of an asset also bitcoin cannot be manipulated on exchanges
newbie
Activity: 142
Merit: 0
January 31, 2018, 01:33:31 AM
One interesting thing is that Bitcoin isn't always anonymous: An Analysis of Anonymity in the Bitcoin System - If I'm understanding, most people convert "real" currencies to BTC at some point (since they lack the hardware to mine coins), which creates a record of who owns a particular wallet.

There's a widespread perception (which I shared until recently) that Bitcoin is a safe, anonymous way for political dissidents to conduct business. This false sense of security could have serious consequences.
member
Activity: 392
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 31, 2018, 01:32:55 AM
Really bitcoin for saying it's really safe because it has an important security feature preventing them from being stolen or copied and it also relies on cryptographic cipher protocols. Also if you can make to memorize your personal locks, much better. Bitcoin is guaranteed, the only thing you can do is to be careful, and you need to keep in mind every step you should take.
newbie
Activity: 22
Merit: 2
January 31, 2018, 01:25:28 AM
Bitcoin is safe until you keep your private key secret.

When your private key is leaked, then no one can help you.
full member
Activity: 504
Merit: 100
January 31, 2018, 01:13:02 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

Actually, if we think about it, if bitcoin was not secure, it wouldn't have lasted for many years and until now it still accessible and the value keeps on getting higher. For me, bitcoin is the most secure of all the cryptocurrencies since it has already proven itself to be useful and valuable at the same time. This is why we shouldn't doubt bitcoin's security at all.
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