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Topic: Is bitcoin really secure (Read 3111 times)

member
Activity: 599
Merit: 10
April 18, 2018, 04:30:25 PM
Bitcoin is meant to be fast and exist between his blocks in the blockchain so more secure then this is you own pockets. AS long as you take all your measures of protection against phishing/hacking etc. When we talk about values the blockchain is the most secure sistem in the world.
Perhaps if the government on a world scale gets to bitcoin, trying to control it, then all its advantages will cease to exist. I do not think that with the help of Bitcoin it will be possible to earn good money.
hero member
Activity: 1134
Merit: 500
April 18, 2018, 02:36:50 PM
Bitcoin is meant to be fast and exist between his blocks in the blockchain so more secure then this is you own pockets. AS long as you take all your measures of protection against phishing/hacking etc. When we talk about values the blockchain is the most secure sistem in the world.
jr. member
Activity: 168
Merit: 1
April 18, 2018, 02:07:31 PM
yes, bitcoins are very safe, safe for users, safe for storage, even safe to transact, because the government can not track it, as long as it is not a forbidden transaction.
I think it's great, I really believe it.
newbie
Activity: 88
Merit: 0
April 18, 2018, 01:57:07 PM
I think Bitcoin's technology is secure. But i have a question. Can A person who has a lot of money affect the market. Or if this rich man Smiley has a lot of mining device can he affect this
newbie
Activity: 105
Merit: 0
April 18, 2018, 01:24:26 PM
Well i guess bitcoin is really secure and safe. Even though theres a lot of scammers out there. Bitcoin is hard to hack. Because bitcoin have the hardest securit feature i think.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
April 18, 2018, 01:10:28 PM
When you are not doing anything bitcoin is totally secure. The main problems of scerurity online nowadays are people and their mistakes. Scammers usuing primitive methods but people just forgeting about it.
well, even though so many hacker, and phishing sites are out there, the bitcoin you have will be safe if you keep it in the right place. such as on hardwallet, or other desktop wallet. but, there is no safe system.
member
Activity: 196
Merit: 10
“Blockchain Powered Clinical Trial Management”
April 18, 2018, 01:07:56 PM
If we are talking about the safety of storing bitcoins, then yes, it is safe if you do everything right and observe all the necessary rules. If you talk about investment safety, then not, cryptocurrency is a high-risk investment.
sr. member
Activity: 406
Merit: 250
April 18, 2018, 12:38:32 PM
When you are not doing anything bitcoin is totally secure. The main problems of scerurity online nowadays are people and their mistakes. Scammers usuing primitive methods but people just forgeting about it.
member
Activity: 392
Merit: 12
MINTER
April 18, 2018, 11:24:47 AM
Actually investing in bitcoin is very promising. But the first person's assumption is that bitcoin is too risky. So their first impression is that bitcoin is not safe. It is true, but they have not proven it directly, have they? Fear is a natural thing. But if you believe that bitcoin prices will increase, then do it without hesitation.
newbie
Activity: 1
Merit: 0
April 18, 2018, 11:14:43 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

Bitcoin is very much secure in my opinion, you just need to make use of a physical wallet for this. Keep the keys at multiple places to remain safe.
newbie
Activity: 275
Merit: 0
April 18, 2018, 11:12:20 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

Bitcoin is safe for investment, bitcoin value has the potential to increase and it will greatly benefit. I invest in bitcoin and I think it's safe and will give me an advantage.
full member
Activity: 424
Merit: 108
April 18, 2018, 11:05:51 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

It is secure. We have no problems of lost coins and the like, but the one thing we cannot assure is the price of it because we do not control it. We can assure that it will still exist in the long run because there are many users of bitcoin, and we can continue saving, trading, or mining in the future. There qre wallets that make you assure that it is safe and no one will steal it.
hero member
Activity: 2954
Merit: 796
April 18, 2018, 10:52:58 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
Yes right, whenever we have a chance to lose, bitcoin value can change very drastically in a short time, this course we must take a good strategy, always monitor price is thing we can do to prevent loss.
Monitoring and managing to keep updated is a must, we should never missed out any news or events that might affect the markets increase.
newbie
Activity: 210
Merit: 0
April 18, 2018, 10:11:33 AM
I think so also that Bitcoin is really secure...  The transaction happening here is totally secret...  No one knows what happening...  It is proven a lots of times...  But still Bitcoin is still subjected not secure at all by a lots of person who doesn't know a lots the flow and function of it...  But we can't change it there are a lots of insecure who are trying to pull down bitcoin and trying to convince a lots of people that BiTcoin is nit secure...  We are hoping that you are not one of it...  Trust Bitcoin...
hero member
Activity: 896
Merit: 500
April 18, 2018, 10:09:52 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
Yes right, whenever we have a chance to lose, bitcoin value can change very drastically in a short time, this course we must take a good strategy, always monitor price is thing we can do to prevent loss.
member
Activity: 125
Merit: 10
April 18, 2018, 09:37:05 AM
Bitcoin is really secure.
digit codes and authentication are found in bitcoin, carelessness is one possible reason for your account to be hacked by someone.
it will be hard for hackers to break in some bitcoin account, even it is now popular.
newbie
Activity: 58
Merit: 0
April 18, 2018, 09:12:32 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
newbie
Activity: 14
Merit: 0
April 18, 2018, 08:27:59 AM
I would guess bitcoin is more secure than credit cards which appear to have millions compromised on a regular basis without anyone batting an eyelash. Bitcoin would also appear to be more secure than banking, government and assorted financial systems, all of which have been critically compromised numerous times over the years.

Its strange that people question whether bitcoin is secure when the security of our banking, economic and financial institutions could have as many holes as a sponge. With only 2% of americans having used bitcoin or a crypto currency in polls, shouldn't we be focusing more on the security of electronic financial systems the other 98% of people use?
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 18, 2018, 07:55:15 AM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

It's security lies on the fact that its transactions have no paper trail and can be generally done without being tracked. Another one is the means of how it is stored, excluding the high grade hackers that may steal away your wallet information, are generally secured because of the many encryption e-wallets do just to safeguard your account. There are also different means of protection like cold storage and ledgers that could add a cushion of protection for your coins.
newbie
Activity: 129
Merit: 0
April 18, 2018, 07:48:15 AM
I believe that investing in bitcoin is completely safe, we do to get a much better profit.
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