Is Bitcoin really secure? - page 65.

yummy23

newbie

Activity: 56

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

hello i would like to invest in bitcoin how do you do that i am a newbie help needed plz help thankyou

TonixGaming_14

full member

Activity: 329

Merit: 100

AGATE

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 is really secure it a digital currency and it have a volatility security. Hacker will never hack bitcoin system / blockchain because it is encrypted . They block those illegal buying and selling it is because for the security of the good user like us. Government will ban bitcoin for it use now bitcoin itself.

judgememes

jr. member

Activity: 56

Merit: 1

It depends 100% on you, no one can take your bitcoins from you if you are carefully enough, and I mean NO ONE.

Owl129

member

Activity: 203

Merit: 10

Yes i know it is secure, it only depends on where you store your bitcoin and also the forum and campaigns you joined in. Although bitcoin is secure we must still be carefull.

ramayor

member

Activity: 102

Merit: 15

Yes, it is secure. But also, it depends on how you hold. When you don't kept your private keys well, then you just gave hackers an opportunity to steal your coins. Choose well the best wallet where you can keep your coins well.

Loveydovey04

full member

Activity: 392

Merit: 123

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

Anything can happen. Even cash is not secure. It can be robbed or stolen. Bitcoin wallet can also be hacked if your are not careful enough. Nothing is too secure in this world, we have to do our part to make everything secure and your bitcoin investment to be secure too.

mahibul49

full member

Activity: 826

Merit: 104

yes bitcoin is secure and u have to be careful about where u store your bitcoin.
store offline wallet is safest way to hold.

Bitcoincole

full member

Activity: 504

Merit: 102

Quote from: Nhor1011 on December 20, 2017, 05:17:44 PM

It is in your hand how to keep your bitcoin. Bitcoin is secure as long as you keep all your wallet,password,private key and dont tell to anyone so they could not steal your bitcoin.

Absolutely bitcoin really secure more than 100x. Perfectly creadet to Mr. Satoshi Nakamoto innovation. Because many countries have trying to make a digital currency concept but they are failed to do. As bitcoin formed almost all over the world have greatly smile. And many hackers in the world wants to destroyed bitcoin and blockchain but they have nothing to do that is more than secure.

Nhor1011

member

Activity: 994

Merit: 11

Daxetoken.net

It is in your hand how to keep your bitcoin. Bitcoin is secure as long as you keep all your wallet,password,private key and dont tell to anyone so they could not steal your bitcoin.

Flowzer

full member

Activity: 490

Merit: 107

I think bitcoin is very safe if you keep it well. if your bitcoon is lost it is because of your carelessness providing information about your wallet. you should keep the information about your wallet well. so someone does not know about your donpet. you can also complete your wallet with some email verification or 2FA code. so your wallet becomes safe.

hangar18

hero member

Activity: 676

Merit: 500

Quote from: DrYe5 on December 20, 2017, 11:42:00 AM

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

If your porfel is well protected then Bitcoin is of course very safe. However, if you do not have adequate protection, it is not worth investing, the risk is that you lose everything. This is the most common beginner error.

I do not think protect your exchange account is difficult before trading. It is the first thing you must to complete before put your money on exchange. If the place to store your money not safe, how do you keep safe your capital even you earn many profits?

Rascar Capac

full member

Activity: 238

Merit: 100

I think the bitcoin itself is secured but your bitcoin account or bitcoin wallet for example is not that secured. Bitcoin is a cryptocurrency created by the digital world, but your account that cotains bitcoin is the target of those hackers.

dknight456

newbie

Activity: 42

Merit: 0

Yes i think. I have a friend that is having a million of money now because she continues to earn it aside of having a job. He uses it as her another source of income or a sideline. Her money is safe.

edelwiswhite

newbie

Activity: 26

Merit: 0

It's really secure to maintain your cash secure than other like financial institution nor various money saving locations. Only the person that have the personal key which can acquire complete accessibility wallet

freddiesaturn

newbie

Activity: 27

Merit: 0

I think BTC is almost secured, but in condition that you have your private key. If not, hackers may attack and steal information and take all your BTC. There some situations in the past as example. So I think it's a serous problem and BTC users should keep an eye on it.

DrYe5

sr. member

Activity: 490

Merit: 250

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

If your porfel is well protected then Bitcoin is of course very safe. However, if you do not have adequate protection, it is not worth investing, the risk is that you lose everything. This is the most common beginner error.

Jombrangs

sr. member

Activity: 630

Merit: 258

In my own experience with bitcoin, I think it is really secure to invest with them.
The company of bitcoin provides a high security and employs a high calibrated IT professionals to secure that this thing can be prevented to happen and cannot be cause any conflict from their investors.

quantumcat

member

Activity: 140

Merit: 12

Quote from: DassKass on December 13, 2017, 07:24:38 PM

Bitcoin’s underlying technology is based off of cryptography and encryption. The technology can’t be hacked until quantum computers are a feasible thing but that is decades from now.
Huh

There are a lot of interesting news related to quantum computing lately, for example the news about Microsoft's future release of a new programming language called Q# !

mark.loverboy02

newbie

Activity: 8

Merit: 0

For me, it depends on how you manage the security of your bitcoin. There are ways on how secure your bitcoin or any cryptocurrency but the most secure is using the ledger.

Titanos

full member

Activity: 208

Merit: 100

Many exchanges or platform using bitcoin were hacked and people lost money. But i never heard about a bitcoin hack because lack of security of bitcoin itself.

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