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Topic: Is Bitcoin really secure? - page 68. (Read 21626 times)

newbie
Activity: 94
Merit: 0
December 14, 2017, 07:11:29 AM
Yes,Bitcoin is really secure Smiley Smiley
newbie
Activity: 106
Merit: 0
December 14, 2017, 05:10:56 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 so because hackers waiting or trying to hack this. I don't think its matter because at the end it matters that what u think and how wisely u invest or wase your money.
full member
Activity: 392
Merit: 100
December 14, 2017, 01:21:53 AM
Bitcoin will not exists until today if it was not secure at all. Looking at the price now, it's so high and that's because the demand is high too which means investors themselves know that bitcoin is reliable and secure that's why they're confident enough that their money that they invest in bitcoin is secure.
member
Activity: 81
Merit: 10
December 13, 2017, 11:59:14 PM
The protocol and cryptographic rules used by Bitcoin still work many years after it was first made, which is a good sign that the concept is well designed. However, security flaws have been found and improved over time with the application of various software. Like any other software, the security of Bitcoin software depends on the speed of finding and troubleshooting. The more problems found, the more Bitcoin reach maturity.
full member
Activity: 268
Merit: 100
World's First Chain Balancing Token (CBT)
December 13, 2017, 11:52:40 PM
As of now, no one can able to hack blockchain that is why it is very secure. The only thing that could be hacked are your coins. But the security and accuracy of blockchain is 100%. About the government, of course not all government are in favor. Because the features of Bitcoin is a threat not only by banks but also threat to our own government. But we will never hold what the future holds. Just believe that cryptocurrencies is the future. Better to take the risk that regretting something for the rest of your life.
full member
Activity: 210
Merit: 100
December 13, 2017, 11:48:43 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
not reall because bitcoin didnt have any private keys just only adress and your wallet so my advise is to use offline wallets or  if you want online wallets try to use trusted wallet and secured like coinbase this wallet is the best for me and this is trusted and secured.
full member
Activity: 183
Merit: 101
December 13, 2017, 11:46:12 PM
Yes it is because it is based on blockchain technology.
member
Activity: 200
Merit: 10
December 13, 2017, 11:32:38 PM
bitcoin to my opinion is very secure, not much hackers can really hack to earn bitcoin, they can just hack exchanges to steal bitcoin, that is problem of exchanges not bitcoin, bitcoin itself is safe and anonymous so even government can not control bitcoin.
member
Activity: 350
Merit: 13
December 13, 2017, 11:03:55 PM
Bitcoin supporters enable robust security In theory, unless 51% of the system is controlled by one party. For example, in order for a person to change a transaction or double the value of Bitcoin, they must control the majority of systems and modify every miner in this majority. If there is disagreement in the chain block, the system will replace the minority with data agreed by the majority. However, there are concerns that different mining and mining companies must be able to reach 51% of Bitcoin hashing power and carry out a 51% attack called on the Bitcoin network.
member
Activity: 700
Merit: 14
December 13, 2017, 10:50:48 PM
are not. Bitcoins are not really safe. Bitcoins are not recognized in many countries. It is not considered a commodity for exchange. So, when you are robbed or lost, no one will stand out for you
newbie
Activity: 30
Merit: 0
December 13, 2017, 10:48:08 PM
I agree bitcoin is secure, but it's up to you how you will secure your own bitcoin. So better be aware on the sites you open be sure that all sites you are browsing is trusted by everybody.
jr. member
Activity: 262
Merit: 2
December 13, 2017, 10:45:11 PM
Bitcoin is secure if the bitcoin forum you are using because you do not need to invest money to earn what you need to do is post a rank increase and join the signaturecampaign and you will earn money without iinvset so secure you're on the bitcoin forum.
member
Activity: 101
Merit: 10
Crypto is everything!!
December 13, 2017, 09:52:15 PM
No... It's not! However, if you used a hardware wallet then it secured 99%.
Other than that the BTC or any other coins are not secure in online.
sr. member
Activity: 672
Merit: 250
December 13, 2017, 09:27:07 PM
If to comapre with bank i guess it is. If to compare with fiat I guess it is too. Tecnology are growinh up so security of bitcoin will be better and better.
hero member
Activity: 1092
Merit: 501
December 13, 2017, 09:14:40 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 in itself cannot be hacked, it has been proven to be very secure against the current kind of attacks that exist today, second you need to understand that since there is not a central authority in bitcoin no one can block people from joining the network, so those that use bitcoin for illegal things can do so with impunity, this means there is a real risk bitcoin is banned in some countries but that is fine.
member
Activity: 108
Merit: 100
December 13, 2017, 08:37:50 PM
Yes Bitcoin is secured. This is secured by the blockchain system and its own users. Hackers can not hack the blockchain system. You have to protect your bitcoin purse and then your bitcoin will always be secured. There are no simple bugs here which will cause security problems. Thus can be said Bitcoin secured. Wink
newbie
Activity: 14
Merit: 0
December 13, 2017, 08:25:52 PM
Yes but to be shure that your bitcoin are secure you must be sure that your bitcoin are secured. For exemple it can be dangerous to let your bitcoin on an exchange or in an online wallet ect... good luck. You will find a lot of informations about how to secure your cryptos on the net.
full member
Activity: 202
Merit: 100
December 13, 2017, 07:57:22 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
I do not think the bitcoin is really safe and no altcoin is 100% safe. In the future there will be a person capable of hacking bitcoin.
member
Activity: 196
Merit: 10
December 13, 2017, 07:50:34 PM
Bitcoin is totally secured as long as you keep your private key and email  account too in safe nothing will happen to your bitcoins and do not let the other know your  passwords even your online walllet account.
newbie
Activity: 84
Merit: 0
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 Huh Huh
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