Is Bitcoin really secure? - page 78.

LoudA__

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Quote from: hyperdak on November 27, 2017, 05:57:51 AM

too secure..

if you lose your password, even you can't take your bitcoin.

I think that is not a definition of being secure but that is an example of being a fool.

Bitcoin's security depends on the user or owner of that wallet because even if bitcoin is so secured, if the owner of the wallet are not taking care of it very carefully, I think it will still not be secured.

hyperdak

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too secure..

if you lose your password, even you can't take your bitcoin.

Chalxdon

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This is one of the challenges of introducing Bitcoin to people. Sometimes, they find it difficult to believe that it cannot be hacked. Activities of scammers are on the rise each passing day

Bryan13

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Yes it is secure, if you will secure your account from hackers. It is in your hand to secure your btc account.

Astermony

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Quote from: bitkanu on November 27, 2017, 04:14:55 AM

Quote from: bncbnc on November 27, 2017, 04:04:30 AM

Quote from: littlewizard on November 26, 2017, 10:35:41 PM

Perhaps someday in the future when quantum computer is well developed, its high calculation capability will make bitcoin less secure. But you never know when it will be developed to that stage, 10 years or 100 years. By that time Bitcoin may already take quantum computer into consideration and limit it.

But i am sure that at that time bitcoin will be more updated and secure, even quantum computer may not be able to break its security, i think bitcoin is the need of the day and specially in future we can expect that the new generation will be using bitcoin as a normal currency therefore i think at that time its security will be more strengthen than present position.

That depends, technology always growing so fast, maybe to decrypt the bitcoin private key in the future is as easy as extracting file from .rar format and who knows?
but we're now don't need to worry since it's predicted that it will takes more time for technology to grow and could absolutely have that much of computing power.

I can't say. I think it really depends on the person on how they work to change their lives. But for me, because I already experience this kind of job then I bet it can really secure our future lives. Technology right now is so popular thats why I am pretty sure that bitcoin can really help us. Because bitcoin works with the help of internet so we are in digital era right now so there is no doubt that bitcoin can really help us and can really secure our future lives.

lestariptr

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bitcoin is completely safe in my opinion Because everything that happens with bitcoin depends heavily on internet connectivity, and I make sure that bitcoin is perfectly safe.

kiddeon123

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yes bitcoin is safe, it uses complicated algorithms and cryptography that only the private key can decript. I think the only chance that your bitcoin can be hacked is by you being careless. Also based on the history of bitcoin, it is not been hacked yet, most of the time the reason why your bitcoin has been hacked is because of human error.

Aryanto28

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Quote from: Irdina on August 16, 2017, 10:44:20 PM

Bitcoin security depends on ourselves,So we must always be vigilant in keeping our account so hackers do not steal it, my friend there who lost bitcoin it all because of carelessness, so the point is safe bitcoin as long as we are good at keeping.

yes it is very true if we do not keep your account well then your account easy to be stolen or lost. because that is one weakness of bitcoin easily lost or stolen. so its core do not easily believe in others and keep your account do not keep the account password is indiscriminate that makes it easier for hackers to steal your account. but so far bitcoin is safe enough that I know because I have never heard of the case of losing bitcoin stolen through a hacked account.

creative-raju33

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thinking of my that bitcoin is so much secure because it is a crypto-currency which is invisible but can be measure its value. Every situation in all aspect it should be most secure so that anyone cannot able to grab it from other without precondition.

saiteja01

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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

Not secure really because of it's anonymity nature.But now a days people stopped talking about the security and go on investing in Biitcoin because to gain huge profits.Governments cannot simply ban this Bitcoin because of it's transactions.Many governments have already started using Cryptocurrencies.But governments may modify this mode of transactions through a verified process.

btcprospecter

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I would have to say if it hasn't been properly hacked yet there is a good chance it is pretty much safe. You will still encounter potential hacking of wallets but I'm not sure of the block chain as a whole.

intoy_victor

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I've been asking this too to my self and to my friends but my frieds answered no. Then I research about this bitcoin whos the owner of this campany and if it can be hack, or probably if is secure. And base on my research nobody knows whos the owner Ive only know about satoshi and for intire years of bitcoin there is no case of being hacked account. So for me it is secure.

bitkanu

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Quote from: bncbnc on November 27, 2017, 04:04:30 AM

Quote from: littlewizard on November 26, 2017, 10:35:41 PM

Perhaps someday in the future when quantum computer is well developed, its high calculation capability will make bitcoin less secure. But you never know when it will be developed to that stage, 10 years or 100 years. By that time Bitcoin may already take quantum computer into consideration and limit it.

But i am sure that at that time bitcoin will be more updated and secure, even quantum computer may not be able to break its security, i think bitcoin is the need of the day and specially in future we can expect that the new generation will be using bitcoin as a normal currency therefore i think at that time its security will be more strengthen than present position.

That depends, technology always growing so fast, maybe to decrypt the bitcoin private key in the future is as easy as extracting file from .rar format and who knows?
but we're now don't need to worry since it's predicted that it will takes more time for technology to grow and could absolutely have that much of computing power.

bncbnc

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Quote from: littlewizard on November 26, 2017, 10:35:41 PM

Perhaps someday in the future when quantum computer is well developed, its high calculation capability will make bitcoin less secure. But you never know when it will be developed to that stage, 10 years or 100 years. By that time Bitcoin may already take quantum computer into consideration and limit it.

But i am sure that at that time bitcoin will be more updated and secure, even quantum computer may not be able to break its security, i think bitcoin is the need of the day and specially in future we can expect that the new generation will be using bitcoin as a normal currency therefore i think at that time its security will be more strengthen than present position.

dess07

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Yes,Bitcoin is really secure as long as you disclosed your password to anyone.And also bitcoin itself has its own security features.It is impossible to hack because it has a special security.

racham02

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Bitcoin is a really secure it depends our self , as long as you take good care your private key or wallet password. no one can be steal or hacked, If your hacked or steal your bitcoin wallet that's because of your careless, So you need to make sure to secure your private key.

Bambinoe

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Yea Bitcoin is safe but it always requires the user or the bitcoin holder to be security conscious too.

rurubot

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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.

It depends on the users if they want their bitcoin to be in the safe place. If they will trust anybody so easily and will not that vigilant or careful then its their fault. But i believe bitcoin users are intelligent.

Creating N Action

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For me, bitcoin is really secure. For my three months of doing bitcoin , I experience that it is secure. The safety of every individaul is defends on how individual take care for thier bitcoin. Though bitcoin is an online and peer to peer system, we need a backup version of our bitcoin wallet or any online wallet to avoid hacking. There are many hacker who are in wherever we are that's why we need to take care. The only one you can trust is yourself. Being responsible and smart can also help to be aware no matter what happen. It is always secure especially when you always check your account if there's a changes happened or be thankful if there's no harmful activities happen in your account. Being wise can also help us to secure in every account we have. We all know that bitcoin is an online job that's why we can't avoid scam or hacking your account but I believe that we can avoid any harmful activities if we know how to care and always look for the update about bitcoin.

atikurrahman

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yes, bitcoin really safe. It depends a lot on us, on what kind of wallet we are using online and using all the security. It has been trying for 8 years & has failed.

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