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Topic: Is bitcoin really secure - page 19. (Read 3111 times)

member
Activity: 327
Merit: 11
March 03, 2018, 08:23:47 PM
All I can say is bitcoin is more secure than the online digits maintained by banks. The protocol itself is secure. It's mostly users' error that make them lost.
jr. member
Activity: 236
Merit: 4
March 03, 2018, 08:13:29 PM
its secured for double spending, and no middle man, something like that
copper member
Activity: 350
Merit: 1
March 03, 2018, 08:12:14 PM
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 technology is totally secure. As long as your data's or private keys will not exposed to other people. The only problem I see on this is how the people manage their investments as it takes a lot of confidence and knowledge when the price seems goes in downfall direction. That will cause them to distract and create a bad decision to sell their coins at losing price.
member
Activity: 350
Merit: 10
TRONscratch.com
March 03, 2018, 06:23:58 PM
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 could be said that btc has a high security features however with the possibility that any hackers can thoroughly penetrate security system is also high. From the time being the security risk of btc is not that alarming.
full member
Activity: 1470
Merit: 148
March 03, 2018, 06:00:10 PM
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.,
When you talk of security in investment you should have it at the back of your mind that there is uncertainty in every investment you made and not just Bitcoin or crypto currency alone.
full member
Activity: 392
Merit: 100
March 03, 2018, 05:40:27 PM
Of course,  bitcoin is secured because you are holding your investment,  nobody can access it as long as you hold your password correctly. Better keep your information private even with your relatives.
sr. member
Activity: 672
Merit: 250
March 03, 2018, 05:22:14 PM
Bitcoin is highly secure, but it is always up to you if you want to make it secure.
Yes, bitcoin is really secure to everyone. It really give everyone a great opportunity to learn what will happen in the future. Bitoin really can do secure future's life. It helps us to gain much as we wanted if we will try our best and give all our effort in this. Bitcoin help us make our life becomes stable and better in the future. Bitcoin is also safe to everyone, even bitcoin is not stable the way how its price drops and raise again but it really do help many people but it really needs to have patience on waiting.
member
Activity: 176
Merit: 10
Blockchain Just Entered The Real World
March 03, 2018, 04:36:46 PM
BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
To me, Bitcoin is safe in every respect from guard to head. In my opinion, Bitcoin is only dangerous when many investors buy Bitcoin in large numbers but do not make the profit; it can say that there are many new investors starting Bitcoin but do not know the knowledge Necessary, and that is dangerous.
hero member
Activity: 648
Merit: 502
March 03, 2018, 04:00:27 PM
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.,

SHA-256 is very strong.  It's not like the incremental step from MD5 to SHA1.  It can last several decades unless there's some massive breakthrough attack.

-Satoshi

I am not a professional programmer or software specialist to explain this all to you, but read some stuffs about SHA-256 or how secured is the blockchain, youll probably get it in no time specially when you are in the information technology field. SHA is pure mathematics and there is no known equation that can crack this wide open for now.

Nothing is really secure on this planet, not even the planet itself!
But what you think is safe, the "real money" is actually the biggest scam you can think about, and it can crash in every moment.
So, bitcoin, even not 100% safe, is for sure much more safe than any fiat currency.

The technology behind this is safe for now, but we will see some major improvements if someone will be able to beat this, I think they would at least need another 50 years to do that.
member
Activity: 210
Merit: 10
March 03, 2018, 03:21:27 PM
Bitcoin is highly secure, but it is always up to you if you want to make it secure.
member
Activity: 171
Merit: 10
March 03, 2018, 03:16:54 PM
it is safe enought, if u don't share your wallet info,  using protected browser and don't have viruses on your comp, which are basicly standart things too do
member
Activity: 322
Merit: 10
March 03, 2018, 03:08:26 PM
Bitcoin can be hacked from our devices but not from its Blockchain. Its pretty safe, blockchain is so secure. In order for a hacker to hack the entire Bitcoin system. He needs to hack all the Bitcoin miners and manipulate the system.

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.,
Right bitcoin is not hack able as you are using blockchain as a wallet no one will be able to hack you bitcoin id you are suing the wallet blockchain, I know bitcoin is really good to have in your phone but along with wallet. Bitcoin has a lot of other wallets as well bit it is easy to safe to use blocking as wallet to save bitcoin, bitcoin can be hold for long time without any fear of lose and it will help you to make future and to generate good profitable business for you and your family.
member
Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
March 03, 2018, 01:08:18 PM
Nothing is really secure on this planet, not even the planet itself!
But what you think is safe, the "real money" is actually the biggest scam you can think about, and it can crash in every moment.
So, bitcoin, even not 100% safe, is for sure much more safe than any fiat currency.
jr. member
Activity: 224
Merit: 8
March 03, 2018, 10:22:30 AM
Yes of course. Do you think that many will invest in bitcoin if it is not secured? Think again if bitcoin is not secured then I guess we are not here also in this forum
 Bitcoin became an investment for of us here. Easiest way to profit and earn money. There are also altcoin emerge from bitcoin still the concept is cryptocurrency but way much cheaper than bitcoin and easy to get by buuing these tokens. The good thing about altcoins is that they ate legit though the only problem is that sometimes ICO projects were failed in their market. Anyway there are lot of reason also to discover good altcoins and that os true their webpage, the team developer, transparency of their bountu framework just like the bitschool which offers an e-learning focusing on education. As we all know that education is the fundamental needs of an individual. That is why I consider the bitschool as an altcoin. The rate of success to this ICO os very high. You can visit their website just click the link below:

www.BitSchool.io
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
March 03, 2018, 10:14:18 AM
Bitcoin can be hacked from our devices but not from its Blockchain. Its pretty safe, blockchain is so secure. In order for a hacker to hack the entire Bitcoin system. He needs to hack all the Bitcoin miners and manipulate the system.

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.,
member
Activity: 238
Merit: 11
March 03, 2018, 10:10:10 AM
I do trust bitcoin in terms of security, as far as the system itself is concerned I mean, the possibility of an invidivual hack attemp or even an assault are there.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
March 02, 2018, 06:24:02 PM
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 me it is really secure considering the fact that as you enter it, you are anonymous and you have all the power on which storage are you going to store your bitcoin. The risky would enter there since a lot of scammers and fraud are everywhere waiting for you to pick them up and give to them your money. Always be wise and smart in choosing which storage you'll use.
sr. member
Activity: 1274
Merit: 278
March 02, 2018, 06:21:40 PM
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.,
You are the one who actually set the standards on making your safe. Many people have failed at this part that's why they ended up loosing the money they've earned by falling into the trap of those scammers and fraud. To avoid this kind of unfortunate events, it is adviceable that you search for a good storage that will mak sure your money is safe and sound.
member
Activity: 350
Merit: 10
March 02, 2018, 05:58:22 PM
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.,

Yes it is really secure if the holder make it sure that his wallet is in secured storage and will not debunk his security keys to other sites to avoid being hacked. Bitcoin will not be successful if it is not secured and safe.
hero member
Activity: 1750
Merit: 589
March 02, 2018, 05:54:19 PM
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.,
As far as i know, bitcoin is secure but it is not safe hackers. If a hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. But to prevent that to happen, make multiple accounts and wallets. Also, just keep your accounts private even to your family and friends. Do not tell your passwords to anyone. In that way, you can secure your bitcoin as well as your money.
Bitcoin is secure when it comes to transaction because it uses blockchain system where its only goal is to surely deliver every transaction we could make in the future. We could also see the big impact of its security of people because lot of people invest with bitcoin in a long term basis which proves its security. Yet, accounts in the internet will always be hackable so we need to secure our account as much as we save our bitcoin.
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