Topic: Is Bitcoin really secure? - page 50. (Read 21626 times)
On CNBC, they have been referring to it as the digital gold.
Yes, the company and management of bitcoin is one hundred percent safe and free from all kinds of threats or risk that may occur. In order to them to provide a assurance with there investors they need to innovate and ensure that their money will not gone so they provide a all day security that blocks all this fraudulent activities. Prevention is better than cure so they need to ensure all things in order to be safe at all times.
Stored in a safe place, a backup of your wallet can protect you against computer failures and many human mistakes. It can also allow you to recover your wallet after your mobile or computer was stolen if you keep your wallet encrypted.
Well no investment is secure in these days and every time when you earn high profits there is high risk such as it is with bitcoin, but you can`t say it is not secure cuz blockchain reduces the chance of hacking.
The bitcoin block chain is totally safe and not possible to hack
And required wallet needed for bitcoin transaction makes bitcoin very secured, as no one would have access to wallet without having password to it.
And required wallet needed for bitcoin transaction makes bitcoin very secured, as no one would have access to wallet without having password to it.
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's block chain is safe.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
However, the exchanges are hacked and there is a risk of theft.
The most dangerous thing is to lose Bitcoin with my mishandling. That is myself to be careful.
That's only my opinion though. Smiley
I think bitcoin is safe, as long as you do not give your keywords or private keys to individuals and beware of phishing sites that will quickly make hackers hack your account. Just make sure your password is very strong and passwords that do not have your words are very good. You can also enable it through 2 authentication factors to ensure your account security is stronger and ultimately avoid public internet service when you access your wallet. 
I think bitcoin is safe, especially projects. The hackers can not break into the project to rob it, blockchain technology does very well. Blockchain is a very powerful technology and is well-known for its safety. In addition, you can also keep your investment in the cold wallet. The cold wallet is an electronic wallet and it is always offline, the hackers will not have the information to break into to steal it.
bitcoin is safer if you use your unpaid wallet quality storage, but it all depends on internet connectivity, there is the possibility of getting hacked. now many are using and have been made more secure with some features and its various types with wallet functionality.
Yes, I agree on you. Bitcoin can really secure especially our future lives. Bitcoin really a good help for us and especially to me because Im still studying. It helps me to support my studies and to pay my bills. Bitcoin can relly secure our future because it help us gain a lot of money that we didn't expect that we will receive and also it helps us receive money for the future. Bitcoin can really help us. It can really secure and changes our lives forever. bitcoin is safer if you use your unpaid wallet quality storage, but it all depends on internet connectivity, there is the possibility of getting hacked. now many are using and have been made more secure with some features and its various types with wallet functionality.
On my own opinion, Bitcoin can really secure especially in our future lives because as we can see right now, Bitcoin helps us to provide our daily needs and provide some of our desires. Bitcoin helps us gain a lot of money that we dont expect that we receive that. Bitcoin also helps us save money for our future and helps us to secure and change our lives forever. Yes of course. In fact the company of bitcoin is legal company which their existence is recognize by the government and all operations they held is supported also by the government;
from this you are assured that bitcoin is secure and not a fraudulent scam company.
That’s the best part about cryptocurrency you can only ban them on the surface but they’ll always be there no matter what. It’s like banning gold lol from this you are assured that bitcoin is secure and not a fraudulent scam company.
Please read about bitcoin and blockchain technology. You could find good videos on YouTube too. You'd learn that the blockchain technology is safer than our current banking system. Double spending is prevented through blockchain technology, there's no preposterous charges from the middle man(banks), your anonymity is assured and so on. What could be safer than this ?
Nothing in the world is absolutely safe. At present, bitcoin is already a very safe comparison. But there is no guarantee that a super genius can find a loophole in bitcoin. Digital money is already a lot better than traditional currency. So I'm also very optimistic about the digital money, and then I joined in. Hold firmly and fly to the moon.
Bitcoin is very secure, security attached to a wallet which is required for sole ownership of Bitcoin makes it more secure than any other currency in the world.
The wallet is encrypted and it can only be accessed by a code bearer and in it resides a Bitcoin.
Govt cant banned bitcoin , lot of country already restricted but still there buy/sell bitcoin regularly . its a open sources no one can stop it
It is indeed safe, your BITCOIN isnt going to vanish out of thin air unless you make some dumb mistake yourself like installing a virus. The wallet is encrypted and it can only be accessed by a code bearer and in it resides a Bitcoin.
Govt cant banned bitcoin , lot of country already restricted but still there buy/sell bitcoin regularly . its a open sources no one can stop it
bitcoin is safer if you use your unpaid wallet quality storage, but it all depends on internet connectivity, there is the possibility of getting hacked. now many are using and have been made more secure with some features and its various types with wallet functionality.
yes of course, BitcoIn is really secure because as many people engage to it and continuosly encourage to participate.
Everything is risky, just a little more or less. But the technology for BTC is safe.
I think bitcoin is very secure but my concern is with exchanges wallet. Exchanges can hacked like mtGox, more safe use cold wallet (Trezor.io, Ledger Nano S and KeepKey). Save your private key in the safest place and guarantee only you or the people you can trusted have permission to know this key.
Yes bitcoin is realy a secured coin because if the bitcoin is not secure it cannot stand in more years from now and did not invest the big investors if the bitcoin is not secured
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