Is bitcoin really secure - page 26. | Bitcointalksearch.org

Marrionbitcoin

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Quote from: Ruben1 on January 20, 2018, 08:42:15 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.,

I think we are still not safe in Bitcoin that hackers might hack our wallets and might have get an access into it because they are now hightech this era. They can get an access anytime they want but of course their target are whales or big players of Bitcoin. But don't be afraid because I know some platforms that has security features like, Binance, Poloniex, Bittrex, etc. that they recommend to us to download Authenticator to have additional features that gives another password to log-in and cash-out. I know it is additional task to do but if it's for our protection.

UzumakiSakuragi

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In my opinion. it is really up to us how we are going to protect our bitcoin, with the modern technology hackers never stop on changing their stategy to take advantage on others weaknesses.

BitcoinCommodor

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Quote from: xanxus.kun on February 09, 2018, 07:59:54 AM

If you know how to take care of your Bitcoin then I can say it is really secure, I mean Bitcoin is using Blockchain technology which is next to impossible to penetrate, I think the only way for you to lose your money in Bitcoin is your negligence not securing your Private keys and wallet or getting scammed. Just take care of your wallets and private keys, don't open in unsecured network or computer and for sure you'll be fine.

Bitcoins don’t have a much long system of verification or authentication rather just a password and a private key. This will allow you to make transactions of bitcoins, selling them or buying them or any other thing attached with the manipulation of bitcoins. If these two are three components are comprised, you will lose the safety and security, else nothing can harm them.

nelmari

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I think bitcoin is secure because of its feature wherein it is untraceable, that why some are asking if it might be put into crimes and asking bitcoin for payment. That's just one of its downside. But in my opinion it is safe ans secure for as long as you keep your private keys with you at all times.

Rashid555

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Yes i would like to say that bitcoin is really secure and it is the moder era currency which is using by mostly and a large number of users of the world which provide benefits to the society of the world. it is good for now to buy some of the bitcoin and we can become the part of this world and those who have spend much time for this they are now successful people of this industry.

Sendibere

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bitcoin is more secure than most existing financial services. But all of this speaks only to the technical security of bitcoin. Its financial security is another matter. Even more worrying are the warnings about how the impending bitcoin futures market may not stabilize prices as promised, but could end up contaminating the larger financial system.

DevilSlayer

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Quote from: Ruben1 on January 20, 2018, 08:42:15 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.,

Bitcoin is really secured. Most of my bitcoins are in ledger s nano hardware wallet. There is no people that can hack my bitcoins because I am only the person that know how to access the ledger s nano. If you want to make sure that your bitcoins are safe, it is better if you will buy your bitcoins for you to store your bitcoins.

super5star

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Quote from: Sled on February 07, 2018, 10:33:17 AM

Quote from: bololord on February 07, 2018, 04:34:42 AM

Quote from: Ruben1 on January 20, 2018, 08:42:15 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 is secured. I used bitcoin and stored it to online wallets .And as far as im working with this bitcoin nothing happens to be scam by some people. Even we know that the value of this bitcoin is changing. And make it sure that dont log in your account in such computer shop or someone you really dont know.

You will not be scammed if you will protect your personal information related to your online wallet and for me, it is better if you will put your bitcoins into a hardware wallets rather than online wallets because they are more secured and encrypted that is a better type of security for the people who want to make their bitcoin really safe.

Yeah bitcoin is the most secure form of currency at this time there is no threat of looting and being robbed in bitcoin because there is no physical existence of your money and it is better to use bitcoin instead of cash because cash do not multiply itself and give its owner huge piece of profit and as far as the security protocol of wallets are concerned they are managed in good way and there will no one having so sharp mind to create a loop hole and get into anyone’s account and take his money so it is unbreakable in nature.

jahmes123

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I think it is safe but our wallet's are not hackers could hack into our wallets so we should be really careful in our password ,
And I think the best way to keep our bitcoin safe is by saving it or holding it in a hardware wallet.

Bowly88

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Quote from: Ruben1 on January 20, 2018, 08:42:15 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.,

There are no secured thing when it becomes to business especially in bitcoins because it involves technology and we all know that technology can easily be hacked. And the hackers always want some easy money and bitcoins hacking bitcoins can gives them millions but so far there are no person who can hack the whole system of bitcoins. But the thing ia bitcoins is volatile so your money is not secured when you invested in bitcoins it can either go up or down.

leexhin

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Bitcoin is secured but you just have to secure your wallet too.
It is up to us who use's it to secure our money so you have to choose a good wallet to keep your bitcoin safe from hackers.

joms07

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I think Bitcoin is really safe if you use a strong password. Any password that contains only letters or recognizable words can be considered very weak and easy to break

lemuelosana

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Quote from: whirlcoin on January 20, 2018, 02:31:15 PM

Quote from: Ruben1 on January 20, 2018, 08:42:15 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.,

Why so many threads created for the same related question? It will leads to spams.I suggest the OP to explore the forum first,then you can get clear idea about what is the bitcoin.

Bitcoin was invented to be used securely over the Internet without any third parties.So you bitcoins are very safe than the current fiat money.But you need to keep your wallets safe or else someone will steal your bitcoins usi
ng private keys or using passwords.

Bitcoin was made to be securely over the internet. But, you need to keep your account safe so that no onecan steal your bitcoin account.

Loveydovey04

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What do you mean by saying safe and secure, from hackers and thieves? It can be secure if the holder knows how to keep his private keys and are not careless but if what you are trying to say about being safe and secure is the stability of bitcoin, well, it’s been proven through thicks and thinks, ups and downs but still standing though crawling at the moment. I believe it is going to stand but to untill when, no one really knows.

neite99

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by secure if you mean the hacking stuff or being stolen, yes it is secure but if you mean the whole market and the future of it than no one can say a 100% thing as everything is unpredictable now.

19faraon88

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Yes its very secured. In terms of your accounts, its up to you in how you will manage your password. You should used long password compose of alpha numeric with special character. Also, I said bitcoin is secure because we are the one who manage our investment and not other person or brokers.

Jeepney_koh

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Quote from: Ruben1 on January 20, 2018, 08:42:15 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.,

I believe bitcoin is secured. If you are planning to invest your money for bitcoin, you are to sure that you will gain profit as long as you wait for the bitcoin price to increase. Bitcoin is safe in many forms. Your investment in it wont go away because you have the assusrance that you are on the right direction. Bitcoin is secured because it is alreadu proven its reputation and value since the beginning.

BitcoinTurk

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Bitcoin is known as a highly reliable crypto money type. I think speculation is open, but even if it creates risk signals for laden investments, I think it will always be reliable. I also think that it is possible to interpret that if the underlying technology of Bitcoin is considered, it is a perfect crypto money.

umar22pk

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Bitcoin is a safe crypto currency.

Because it transfers between two people without any third part so it can be consider more secure rather than any other currency.
But to protect it you need to make sure your wallet is protected. Hardware wallet is best option is for your wallet.

TiffanyLien23

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Bitcoin is really secure as what it gets. Its been running for over 9 years straight with not 1-second downtime. The longer bitcoin is the more improbable its gets that a 51% attack will be performed. Basically, there is no financial system in the world that is secure as bitcoin. So we can assure that bitcoin cannot be hack by hackers. It really secured as well.

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