Pages:
Author

Topic: Is Bitcoin really secure? - page 93. (Read 21626 times)

full member
Activity: 938
Merit: 108
OrangeFren.com
November 02, 2017, 05:40:03 PM
Bitcoin is very secure no one will hack your bitcoin. it depends on the user on how he/she keep the phrase password and private key. this are important factiors that we should keep. Bitcoin is more srecure than banks.. by trasansaction itself no one will hack blockchain though things are valuable there.
full member
Activity: 495
Merit: 100
You have to get what you want your own way.
November 02, 2017, 04:45:18 PM
I think Bitcoin is really secure, after all it uses Blockchain technology which makes it really tough to hack unless you're stupid enough to begin with. I've read some article online that you need a Billion dollar just to hack 1 Bitcoin.
sr. member
Activity: 619
Merit: 250
November 02, 2017, 04:31:24 PM
Yes bitcoin is really secure . But it depends upon our own wallets . Trading of bitcoins and all of the cryptocurrency is safe . But significant must be taken on purchasing of bitcoins as well as trading of it . After all, bitcoins is safe with a bright future .

i agree with you. bitcoin very secure its can see a proof that many people save or investing their money in bitcoin and then trader save their money in the market
newbie
Activity: 66
Merit: 0
November 02, 2017, 04:29:08 PM
Yes bitcoin is really secure . But it depends upon our own wallets . Trading of bitcoins and all of the cryptocurrency is safe . But significant care must be taken on purchasing of bitcoins as well as trading of it . After all, bitcoins is safe with a bright future .
full member
Activity: 294
Merit: 114
November 02, 2017, 04:22:07 PM
Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.

Many people think that Bitcoin is a very safe and untraceable currency or transaction tool. I myself think so too. But some people disagree with that.

Some say that transactions in Bitcoin are not difficult to trace and the identity of the Bitcoin holders can be found by the authorities. If the Bitcoin is indeed safe and untraceable, then why the owner of the Silk Road website used to be tracked and imprisoned. As far as I know, all transactions on Silk Road use Bitcoin. Now the owner of Silk Road must be in jail and could not get out.
sr. member
Activity: 630
Merit: 257
November 02, 2017, 04:11:39 PM
YES...BTC is more secure to than the banking system. It is impossible to hack Blockchain and even BTC transaction is quite fast and reliable.
On the other hand, Bank servers are slow & it is seen that hackers hacks payment gateway, transaction amount does not reach to its destination.
member
Activity: 126
Merit: 10
November 02, 2017, 04:09:22 PM
Bitcoin to me is not 100% secure, because there are hackers everywhere who hunt people to steal and transfer there btc from their wallet
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
November 02, 2017, 04:04:07 PM
Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.
full member
Activity: 448
Merit: 100
November 02, 2017, 03:58:52 PM
Yes bitcoin is secure but i think it will be correct to say that blockchain technology is secure.
member
Activity: 574
Merit: 12
November 02, 2017, 03:30:05 PM
Bitcoin is very secure. You have full access to your money at anytime and choose to make transactions at any given time. As long as no one has your wallet details your bitcoin is 100%safe.
full member
Activity: 350
Merit: 100
November 02, 2017, 05:12:45 AM
Starting with who manages bitcoin security, this I do not know, But bitcoin administrators are putting their maximum effort to that bitcoin security is maximized and secured for it's users but it does not mean that hackers can not hack wallets. So while the bitcoin security managers keeps putting their efforts the users also have to put their own effort to keep their wallet information safe.

Any bitcoin transaction done in blockchain wallets or other wallets are irreversible and blockchain can never be hold responsible for any lost of money.
newbie
Activity: 5
Merit: 0
November 02, 2017, 04:56:12 AM
I think bitcoin is not save to use because there are a lot of hackers active who may one day hack your account and steal all your bitcoin.
But i think that wallets like blockchain help you to not lose all your money.
member
Activity: 171
Merit: 10
November 02, 2017, 04:51:08 AM
Yes it is secure because the trust of all investors are full and there are many investor here that as we can see they are all succeed. there are many evidences here in bitcoin that showing the bitcoin is secure. I think if that will happen that it is hacked by a hackers i think it is our fault not the bitcoin itself.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
November 02, 2017, 04:10:28 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

Bitcoin is really secure, I mean a lot of people has been using it through out the years. So, there is a guarantee, because if it's not secure, a lot of people would have stopped using bitcoin, right? Therefore, making bitcoin very secure.
In terms of trust bitcoin seems to grow rapidly in numbers, when we talk about the security lot of hackers and scammers roam around trying to trap the users and benefit. Here security features were good, but the mistakes done by an user leads to loss and it directly gets termed as bitcoin is unsecure.
member
Activity: 518
Merit: 11
November 02, 2017, 04:03:06 AM
Yes it is, just read what other member here in bitcoin about their experience and how they become success on it. They just follow the rules so that their bitcoin or other currency should not steal by any one. And if that was happen i think many investors not trusting bitcoin on the first place. But look what bitcoin does and we can see the success on it. So many things that proven bitcoin is really safe.
member
Activity: 80
Merit: 20
November 02, 2017, 03:19:21 AM
Bitcoin as in the system is very secure but your funds are protected by your own personal security and its down to you if your password gets guessed or keylogged.
newbie
Activity: 14
Merit: 0
November 02, 2017, 03:14:50 AM
There are many cryptocurrencies now and the originals was called bitcoin. One can always always protect their own confidential data and secure access to your funds where private keys are never exposed. Ethereum can be stored on hardware wallets that have safety features for storing cryptographic assets and securing digital payments.

member
Activity: 224
Merit: 10
November 02, 2017, 02:01:29 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
yes because we have trust to bitcoin and bitcoin trust with us
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
November 02, 2017, 01:55:05 AM
Of course, the bitcoin is secure depending on the wallet that you use as it is not secured they will get your bitcoin bitcoin has been running since then the bitcoin is low in price so much it buys then and the bitcoin is a cryto currency and no wallet that can be stolen with a coinmarket for bitcoin and a lot of exchangers for bitcoin so legit.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
November 02, 2017, 01:54:38 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

Bitcoin is really secure, I mean a lot of people has been using it through out the years. So, there is a guarantee, because if it's not secure, a lot of people would have stopped using bitcoin, right? Therefore, making bitcoin very secure.
Pages:
Jump to: