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Topic: Is Bitcoin really secure? - page 8. (Read 21637 times)

newbie
Activity: 137
Merit: 0
April 06, 2018, 05:05:21 PM
I will say bitcoin is very secured because I've never experienced or heard people complaining of any insecurities ever since they started using bitcoin
member
Activity: 350
Merit: 10
April 06, 2018, 03:35:22 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

Bitcoin technology, protocols and cryptography have a strong record of security records, and Bitcoin's network is probably the largest distributed tally project in the world.

Bitcoin's most common disadvantage lies in its user error. Bitcoin wallet data that holds private keys can be erased accidentally, lost, or stolen. Fortunately, users can apply security measures to protect their bitcoins or use the services of providers that offer high level of security.

Bitcoin is money, and money is always used for legal or illegal purposes. Cash, credit cards and the banking system today extend far beyond Bitcoin in terms of use for criminal activity.

And the last, if the government forbids bitcoin and closing the local exchange, investors can move to foreign exchange that is easily accessed via the internet. And in this era of internet, investors are never will find any meaningful constraints to deposit or withdraw their funds in global scope.
newbie
Activity: 25
Merit: 0
April 06, 2018, 03:16:48 PM
high risky thing can never be secure...but bitcoin  security is very high ...
sr. member
Activity: 523
Merit: 285
April 06, 2018, 02:40:00 PM
Yes it's very secure unlike banks people can rob your money. But it still up unto you if what other way will you do in order to save and protect your money. Bitcoin is the most secure cryptocurrency in the online world.Bitcoin is safe unless we dont keep the security properly. The security depends on us.. As long as we do not tell our passwords, our Bitcoin remains safe.
newbie
Activity: 88
Merit: 0
April 06, 2018, 02:38:20 PM
Of course, Bitcoin is safe. Bitcoin is a purely digital currency, it can be kept safe. To do this, we need to make Bitcoin more powerful by increasing the use of Bitcoin. Through this, we will be able to know more about Bitcoin and be able to keep Bitcoin more secure by learning about its use.
Thank you.
member
Activity: 196
Merit: 10
April 06, 2018, 02:33:32 PM
Well, a controversial issue, I thought about it. Security is above all. The possibility of hacked bitcoins is sure to exist. But with so many bitcoin users, I think the security system is also increasing to keep the trust of bitcoin users.
sr. member
Activity: 620
Merit: 250
April 06, 2018, 02:20:42 PM
I think for now bitcoin is still safe, and hopefully always safe also for other bitcoin users.
member
Activity: 151
Merit: 10
April 06, 2018, 02:14:01 PM
Without any problem I will say that bitcoin is very secure and no one can steal it, just in case if you don't keep it right and secure (but everything is about you)

Gov can't stop any transaction or ban it just because bitcoin is the future.
member
Activity: 182
Merit: 10
April 05, 2018, 05:13:03 PM
Even if the bitcoin blockchain was hacked the developers of bitcoin will make a patch for the hack and fork the coin. Secondly, if there was some vulnerability in the blockchain then it would had been hacked by now.
hero member
Activity: 625
Merit: 501
April 05, 2018, 11:45:13 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
Personally, I think bitcoin is secure. Althouh it has made headlines that hackers had enter etc. I think it is just the users mistakes. The best action to take is always secure your coin and do not leave it hanging in online wallet for hackers to take. Bitcoin has a next level security, and I think that’s why people use it.  Even some criminals/terrorist as stated by the news. That’s how secured bitcoin is.
Yes, if the users can secure their wallet careful, no one can robs money from their system, devices. As long as the users have mistake in security wallet, the hacker can take advantage the bug in system and access to the Bitcoin's user system to rob money. Nothing easier than hacking a wallet without password.
newbie
Activity: 26
Merit: 0
April 05, 2018, 08:23:07 AM
The security and safety of our account mainly depends on how we manage it. We have to be very careful on choosing our password, think of something that's hard to access, also beware of spreading your email address onto different online registration forms as some of those are used to get informations to hack accounts.
full member
Activity: 425
Merit: 109
April 04, 2018, 06:47:53 PM
No one can say that it was secured, even you have a strong password a personal computer regular precautions with your password and anything else. Anything is possible with the hackers it may access your account and possible take you bitcoins and send them to another account. So, just be careful.
full member
Activity: 346
Merit: 100
April 04, 2018, 06:44:15 PM
I do not believe it can be 100% safe, but I think no one can now hack it, and no hackers can attack it. Do not worry about this because its security level is almost absolute now, and your stolen account is for your account information so try to keep that information secure.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
April 04, 2018, 06:36:41 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
Personally, I think bitcoin is secure. Althouh it has made headlines that hackers had enter etc. I think it is just the users mistakes. The best action to take is always secure your coin and do not leave it hanging in online wallet for hackers to take. Bitcoin has a next level security, and I think that’s why people use it.  Even some criminals/terrorist as stated by the news. That’s how secured bitcoin is.
member
Activity: 364
Merit: 10
Creative & digital marketing agency
April 04, 2018, 06:29:37 PM
Yes i think for sure about secure bitcoin, i am currently using cold wallet and never found the problem. Stealing bitcoin is harder.
Stealing Bitcoin is really an impossible mission if you don't have the private key of that wallet, so the target of every hackers when they're trying to hack a wallet is the private key.
They will try to hack that information and if they got it at the moment it's leaked, your Bitcoins are all gone.
sr. member
Activity: 728
Merit: 254
April 04, 2018, 05:48:55 PM
The security of your bitcoin is more in your grasp, bitcoin has been composed in an approach to guarantee the wellbeing of our cash. You have your wallet, the secret key and private keys which are required to be kept safe by its holder. In this way, just clinging to the guideline makes your guarded coin enough. One ought to likewise be sufficiently attentive against trick.
newbie
Activity: 70
Merit: 0
April 04, 2018, 05:03:09 PM
Of course, the bitcoin is secure depending on the wallet that you use as it is not secured they will get your bitcoin
newbie
Activity: 87
Merit: 0
April 04, 2018, 04:25:17 PM
Yes i think for sure about secure bitcoin, i am currently using cold wallet and never found the problem. Stealing bitcoin is harder.
sr. member
Activity: 602
Merit: 258
April 04, 2018, 04:19:56 PM
Yes, the company of bitcoin is a one hundred percent secured because they hired a high calibre IT personnel which will block all frauds and hacking that will occur in the system of bitcoin.
member
Activity: 504
Merit: 10
ONe Social Network.
April 04, 2018, 08:45:21 AM
Bitcoin runs on a secure Blockchain system which is basically hack proof, guaranteeing its safety and giving it one of the most desirable  qualities. You will not lose your BTC unless you get careless with your Secret key and wallet passwords
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