Topic: Is Bitcoin really secure? - page 67. (Read 21626 times)
Bitcoin is very safe as long as we are careful in doing transactions and storage. Our wallets could be hacked by hackers if we are not careful in making transactions, whether the website that we open a scam. To anticipate from hacker attacks, we must have a hardware wallet to store bitcoin.
Blockchain technologies may well replace many centralized models that are currently used, while volatility in the BTC price provides challenges and opportunities. Bitcoin technology is not anonymous to organizations with enough resources to determine how funds initially entered or exited the Bitcoin network.
it’s very safe, if you follow some basic security practices. Keep your keys secret, back them up (preferably in offline storage / paper wallet / hardware wallet), don’t keep all your money in a single wallet, keep all transactions within the blockchain, use multiple signatures in organizations in order to ensure a single person cannot compromise the funds, and have a plan to ensure that relatives can retrieve the money in the event of your death.
Bitcoin's technology - protocol and cryptography - has a proven, high level of security, and Bitcoin's network is probably the world's largest distributed computing project. The biggest vulnerability in Bitcoin is the mistakes of the users themselves. Bitcoin-purse files that store the necessary private keys can be accidentally deleted, lost or stolen. This is very similar to physical cash stored in electronic form. Fortunately, users can use the best security practices to protect their money or use services that provide a good level of protection and insurance against theft and loss.
If you're worried about someone hacking your wallet, the underlying cryptography for Bitcoin has been studied in detail, and is believed by experts to be secure. Assuming that you choose a strong password for your wallet, your Bitcoins should be safe from theft.
Yes! Its proven that bitcoin is very secure, there are many wallet that are able to use to have high security, we can use it what we want, but be wise to choose one because even we are talking wallet to secure our bitcoin there are also scammers, so be careful.
To seeing bitcoin, so it is definitely very much secure. If we make a comparison in between paper money and that of bitcoin, then the chances of theft of bitcoin are far less than that of paper money. Paper money can easily be taken out from your account or even snatched by the person as well. Moreover, paper money can also get lost. However, bitcoin can neither be stolen nor be lost. The security lies in the private key. my part is definitely reliable and secure bitcoin because at first I started the bitcoin I received from them the real reward and I never failed them.
I also did not have any problem about security but I am starting to hear that more people are suffering from hackers. that's why it is suggested to use hardware wallet to make it safer.
There is a lot of codes and verification before opening an account in bitcoin.
Even if bitcoin is getting popular, still carelessness is the only reason that you could be hacked by these people.
It is always our own mistake for which we suffer. There is no fault in technology but often we trust people so much and in this way suffer in the end. It is highly recommended not to share your account details with anyone because everyone is after money here and you never know who the hacker is, so it could be your best friend as well. Try to use those wallets which are famous and offering good security. Even if bitcoin is getting popular, still carelessness is the only reason that you could be hacked by these people.
I don't think that bitcoin is really secured but, base on my experiences, I haven't yet experience to hack my bitcoins. If you want to be secured your bitcoins, I suggest using a hardware wallet so that nothing could get your bitcoins.
Yeah bitcon is really secure for the any transactions. It is good to use for future improvement. If need for the information for the future currency. So most of the people use the transaction process. It will connect the other people of the share information. It easy use and secure for using transaction process. But you will send wrong address you can't find the where to transaction received. So you will care to handle it for transaction process.
I don't think that bitcoin is really secured but, base on my experiences, I haven't yet experience to hack my bitcoins. If you want to be secured your bitcoins, I suggest using a hardware wallet so that nothing could get your bitcoins.
Yes! Its proven that bitcoin is very secure, there are many wallet that are able to use to have high security, we can use it what we want, but be wise to choose one because even we are talking wallet to secure our bitcoin there are also scammers, so be careful.
Yes Bitcoin is really secured and it's proven. Blockchain is unhackable. just let you know buddy that don't show your private key to anyone keep your key safe and secure so no one will touch that.
It is if you are responsible enough. I believe the only time Bitcoin becomes unsecure is when the owner is lazy in keeping his passwords and private keys. These should always be kept safe and a secret from anyone! Also, if an owner keeps on clicking links in their emails or internet sites that leads to their accounts which will give access to hackers. Phishing is rampant! So we need to be vigilant at all times.
Bitcoin is definitely secure and your accounts cannot be easily taken or hacked because of the private keys that are absolutely unique and apparently long. However, if you are a bit careless with your passcodes then your security is jeopardized and it would be too easy for other people to steal your investment or money.
There is always a way for hackers to do what they want.
All we can do is just using the most possible security in our cryptos.
All we can do is just using the most possible security in our cryptos.
Bitcoins are really safe form of investment nobody can hack the bitcoins directly from the blockchain tec but they hack the bitcoins which are in online wallet as most of the online wallets are not safe to store bitcoins.The best and safest wallet are offline wallets which cannot be hacked by the hackers as we can save the wallet details as offline in our own system or on paper based anyway the hackers won’t have idea on who all are involved with btc and hence there is low change for your system to get hacked. Government cannot ban btc as the government won’t have an idea who holding how many btc and they won’t even know for what purpose the transactions are made.
Yes i agree on that I believe that bitcoin is really secure and it is really getting more popular each day.Maybe if bitcoin is not really safe it cant really survive on this time arround maybe it will be banned in all site but it is not.It is always go rising and it is really become more trend.I believe bitcoin really safe and it is really getting more absurd. Bitcoins are really safe form of investment nobody can hack the bitcoins directly from the blockchain tec but they hack the bitcoins which are in online wallet as most of the online wallets are not safe to store bitcoins.The best and safest wallet are offline wallets which cannot be hacked by the hackers as we can save the wallet details as offline in our own system or on paper based anyway the hackers won’t have idea on who all are involved with btc and hence there is low change for your system to get hacked. Government cannot ban btc as the government won’t have an idea who holding how many btc and they won’t even know for what purpose the transactions are made.
Yes bitcoin is very secure because bitcoin is a good and easy transaction that secure your trading to bitcoin.some people invest that because we trust bitcoin to going up the pricing and if the bitcoin is not secure why bitcoin until now bitcoin is using and keeping people so bitcoin is a safety and secure.
Bitcoins are really safe form of investment nobody can hack the bitcoins directly from the blockchain tec but they hack the bitcoins which are in online wallet as most of the online wallets are not safe to store bitcoins.The best and safest wallet are offline wallets which cannot be hacked by the hackers as we can save the wallet details as offline in our own system or on paper based anyway the hackers won’t have idea on who all are involved with btc and hence there is low change for your system to get hacked. Government cannot ban btc as the government won’t have an idea who holding how many btc and they won’t even know for what purpose the transactions are made.
my part is definitely reliable and secure bitcoin because at first I started the bitcoin I received from them the real reward and I never failed them.
BTC is exceptionally secure and it is encoded with the private keys you have and the best way to open it is through your private keys. A few instances of hacking said that the private keys they have was associated in their gmail account. Where programmers can figure out how to hack the gmail and have the capacity to get your keys. For whatever length of time that you store your keys in great hands you are ready.
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