Is Bitcoin really secure? - page 70.

mabell943

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Quote from: _MrTuyul404 on August 16, 2017, 09:39:50 PM

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.

The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

Yes, bitcoin is very well secured. I think that is the reason why many people trust them and received lot of good feedback; which increase their image or popularity.
Bitcoin provides all things to ensure that every investor who trust them will gonna be successful in future.

HalfDeck

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Quote from: flower1024 on December 10, 2017, 12:48:20 PM

Quote from: Digitalbitcoin on December 10, 2017, 10:30:38 AM

Quote from: Mikasa77 on December 10, 2017, 10:18:57 AM

Quote from: _MrTuyul404 on August 16, 2017, 09:39:50 PM

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.

The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

Exactly our bitcoin safetiness was depend on us because we are the only one who can manage it. The government didnt control it and they cannot stole it from your wallet. Unless you are going to send or transfer it to other people. It is very secure as you have the power on how you will going to used it in your life.

Well we still considering Bitcoin as currency as anyone can rob it away from you. Be practical. Bitcoin is made of Blockchain and cryptography which itself have "0" value. Both are parts of Quantum physics. But Bitcoin is well designed and developed product which is made of combination of Blockchain and Cryptography along with powerful prof of work with hashing power based on SHA256 algorithm. Highly encrypted data transmission gives strong safety and security within network from being hack or get stolen your Bitcoins. And as per my acknowledgement no one can ever even try to hack bitcoins if stored securely.

Nice explanation and you are right it is very safe if you keep your bitcoins with giving full security like activating 2fa function and keeping your private key in safe place nothing will happen to your bitcoins. But while transferring your coins, you should be careful and double check the address whether you are sending right add or not.

This is true, because some viruses can change the Bitcoin address through online wallets. I do not know the hacker have access to change the Bitcoin address through offline wallet or desktop wallet, but it seems it is so difficulty.

imoet

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Activity: 322

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homt.net

I think bitcoin is secure as long as you can keep your user name...password and private key safe...never share it in any public media...you should keep your email account safe too. But if you are doubt about the hacker...hacker even can hack the hardest firewall if they want too...that's only related with our luck. But you can say to your friends that bitcoin is secure and do not worry if the government will ban it. It is too hard to ban.

yonjitsu

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Activity: 476

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www.daxico.com

This question is always been there in the minds of people who are just new to bitcoin, IMO. I believe, lots of hackers are trying to hack bitcoin only to find out that they end up failing. Imagine bitcoin is still around since 2009 until today dominating the cryptoworld and it's even getting more expensive as time goes by.

Sean25pogi

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Activity: 364

Merit: 11

Yes, Bitcoin is really secure because of its security and make your bitcoin safe if your wallet is safe to be hold also. Bitcoin is one of our responsibility and tasks to bring secure and we can know and see if our wallet is have a capacity amount of bitcoin.

kengeorge21

full member

Activity: 196

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like everyone else I agree that bitcoin is really secured, those hacks issues are not attacks on blockchain itself, those hackers just got their keys or passwords and they can easily access their wallet and transfer the bitcoin easily. government can't ban transactions involving bitcoin but in those countries that bans bitcoin ones you caught trading those bitcoin you are punished under their law.

yvonnegalvan

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Activity: 128

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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 secure. Bitcoin is very safe just make sure that your wallet is safe because one's you've been not secure your wallet your bitcoin will be not secure. And make sure that your private key is secure. Bitcoin is high rated currency and no one can hack bitcoin.

Nivir

hero member

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Merit: 506

Bitcoin is secure. It was already known that transactions are irreversible so we gotta have to take care of our keys and other necessary stuffs. Bitcoin is decentralized so everyone is free to use it even for bad purposes.

buiting

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Merit: 10

Quote from: Snub on December 10, 2017, 01:15:36 PM

BTC is safe, but not fully safe.
You can definitely use it, but if you think that no one will ever know that you own some amount of bitcoins - that is not true. You have always remember about that

yes it is easy to know your own some amount of bitcoin but no one will know who is use.

bitcoin is safe just make your wallet safe

FeArZ

member

Activity: 263

Merit: 10

Quote from: supine on November 19, 2017, 12:51:27 PM

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

I do believe that it is the most secure online currency out there. The thing is bitcoin has already been here since year 2009. Therefore, if it lasted that long then it will likely to last more years. This proves that bitcoin is still the most secure currency. That’s what I think.

Yes bitcoin is strongly secure and we can prove it from the previous history of bitcoin as the bitcoin is high rated currency and no one can still hack bitcoin or have an effect on bitcoin if anyone can try to ban it so from this we can say that bitcoin is more and more secure than other curreinces.

Blockfolioz

member

Activity: 230

Merit: 10

Bitcoin becomes more secure upon the responsibility one takes in making it safe enabling the different security features available. Even after this due to careless activities people loss private keys and end up losing. Finally what they say is, bit is not secure. Here the mistake is with user and not from the wallet.

criz2fer

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Quote from: pxo.011 on December 06, 2017, 03:25:17 AM

i think it is, just be very sure about your security and no one will know about your wallet and it will be safe as far as i know.

Up untill now, it is secured. It will depend on wallet that we are using. I usually use 2FA to be just sure to secure my wallets. Spreading your investments through different wallet also is an option just for a security reasons if you lost one of them.

MiF

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Activity: 1442

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Snub on December 10, 2017, 01:15:36 PM

BTC is safe, but not fully safe.
You can definitely use it, but if you think that no one will ever know that you own some amount of bitcoins - that is not true. You have always remember about that

Yes, I agree. Bitcoin is not that stable but if you will trust this then you must not have to worry something. Bitcoin doesn't be exist someday by our own carelessness so must take care of bitcoin because it is very useful. Government cannot ban this that easily because this transaction really a secret and a freedom for us to not pay taxes or everything. Bitcoin really can secure future lives, the perfect way to do is to trust this and take care for this to gain such a good income and can support future lives through this.

Snub

hero member

Activity: 812

Merit: 500

BTC is safe, but not fully safe.
You can definitely use it, but if you think that no one will ever know that you own some amount of bitcoins - that is not true. You have always remember about that

flower1024

legendary

Activity: 1428

Merit: 1000

Quote from: Digitalbitcoin on December 10, 2017, 10:30:38 AM

Quote from: Mikasa77 on December 10, 2017, 10:18:57 AM

Quote from: _MrTuyul404 on August 16, 2017, 09:39:50 PM

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.

The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

Exactly our bitcoin safetiness was depend on us because we are the only one who can manage it. The government didnt control it and they cannot stole it from your wallet. Unless you are going to send or transfer it to other people. It is very secure as you have the power on how you will going to used it in your life.

Well we still considering Bitcoin as currency as anyone can rob it away from you. Be practical. Bitcoin is made of Blockchain and cryptography which itself have "0" value. Both are parts of Quantum physics. But Bitcoin is well designed and developed product which is made of combination of Blockchain and Cryptography along with powerful prof of work with hashing power based on SHA256 algorithm. Highly encrypted data transmission gives strong safety and security within network from being hack or get stolen your Bitcoins. And as per my acknowledgement no one can ever even try to hack bitcoins if stored securely.

Nice explanation and you are right it is very safe if you keep your bitcoins with giving full security like activating 2fa function and keeping your private key in safe place nothing will happen to your bitcoins. But while transferring your coins, you should be careful and double check the address whether you are sending right add or not.

Manyak

newbie

Activity: 167

Merit: 0

Yes ! What will happen about Bitcoin if it is hack by someone ? The Bitcoin will destroy by hacking . I hope this Bitcoin will secured specially in the people want to hack the system of Bitcoin .

HunterBTC

member

Activity: 420

Merit: 10

Bitcoin is a secure electronic currency for us because we can create a wallet for our bitcoin balance using at least 2 ways, the first we create a password for our wallet and the second we can get the key authenticator with more security because there we has a privatkey that will change every few seconds to open it,

skarais

legendary

Activity: 2464

Merit: 2094

so far bitcoin safe enough to save money in the form of investments in bitcoin, but it certainly has a dependence on accuracy individual users in an effort to make security in the wallet, and of course there are various ways that can be done to maintain the security of our purses such as create complicated passwords that are not easily stolen by hackers

dotts

member

Activity: 336

Merit: 10

Definitely yes. Bitcoin is really safe and secured because it has a powerful concept and has a licensed wallet site. Hacking is the result of owner's carelessness. So we need to be careful and secure our wallet.

Digitalbitcoin

hero member

Activity: 1568

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Quote from: Mikasa77 on December 10, 2017, 10:18:57 AM

Quote from: _MrTuyul404 on August 16, 2017, 09:39:50 PM

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.

The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

Exactly our bitcoin safetiness was depend on us because we are the only one who can manage it. The government didnt control it and they cannot stole it from your wallet. Unless you are going to send or transfer it to other people. It is very secure as you have the power on how you will going to used it in your life.

Well we still considering Bitcoin as currency as anyone can rob it away from you. Be practical. Bitcoin is made of Blockchain and cryptography which itself have "0" value. Both are parts of Quantum physics. But Bitcoin is well designed and developed product which is made of combination of Blockchain and Cryptography along with powerful prof of work with hashing power based on SHA256 algorithm. Highly encrypted data transmission gives strong safety and security within network from being hack or get stolen your Bitcoins. And as per my acknowledgement no one can ever even try to hack bitcoins if stored securely.

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