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Topic: Is bitcoin really secure - page 28. (Read 3111 times)

sr. member
Activity: 1428
Merit: 252
February 11, 2018, 11:00:55 PM
Bitcoin is not safe. There have been several high profile cases of theft involving millions of dollars worth of Bitcoins. As far as I know, stolen Bitcoins have never been recovered. It shows that bitcoin's security hasn’t been guaranteed yet.
Nothing is safe, all there is a chance to lose, even wallet like blockchain also no one guarantee safe and can continue to hold because whenever can be a scam.
jr. member
Activity: 55
Merit: 1
February 11, 2018, 06:41:51 PM
Yes for me this is safe some functionality like Mining creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the block chain. This protects the neutrality of the network by preventing any individual from gaining the power to block certain transactions. This also prevents any individual from replacing parts of the block chain to roll back their own spends, which could be used to defraud other users. Mining makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.
full member
Activity: 383
Merit: 100
February 11, 2018, 06:07:54 PM
I believe with the investment dibitcoin and until now I am grateful always to meet the needs of my family life and I can bring change to myself and also can be useful for others then I dare to invest total against bitcoin
full member
Activity: 434
Merit: 105
February 11, 2018, 05:44:11 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.,

Base on my research, Security and control Bitcoin users are in full control of their transactions. Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption.
legendary
Activity: 896
Merit: 1000
February 11, 2018, 05:07:22 PM
Bitcoin and all others cryptocurrency are secure, the problem is with the exchange because sometimes they don't take all the security measures and bad things happens.
member
Activity: 308
Merit: 10
February 11, 2018, 02:51:30 PM
Bitcoin is very safe. Hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. if you follow some basic security practices. don’t keep all your money in a single wallet, keep all transactions within the blockchain, use multiple signatures in organizations in order to ensure a single person cannot compromise the funds, and have a plan to ensure that relatives can retrieve the money in the event of your death. don't lose your password. Do not tell your passwords to anyone.
member
Activity: 229
Merit: 10
February 11, 2018, 02:14:39 PM
There are certain platforms that are trustworthy and allow you to trade BTC. There are also a lot of ways to create a wallet. The safest should be a so called paper wallet but it’s also most complicated. I think that almost all e-wallets are safe as well.
Is BTC a safe investment? - Well, if you mean that, then you just have to take a look at the chart. Such a volatility shows that nothing is safe there.
So it depends what you mean by safe? There are a lot of legit companies and possibilities to exchange and trade BTC, if you meant that. But it is a highly risky investment for sure!
sr. member
Activity: 1736
Merit: 306
February 11, 2018, 12:51:56 PM
I think Bitcoin has a strong security depends on how to save your btc .. and must be careful to keep your private key safely in order and not to tell anyone, you also do not need to save Bitcoin in exchange ..
jr. member
Activity: 196
Merit: 3
February 11, 2018, 11:36:00 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.,

Definitely, Bitcoin is safe and secure. If you are pertaining to the ability of Bitcoin to be hacked from your wallet, then I must say it has possibility of 1%. But if you keep it secured and safe, then you dont have to be worried. If you are also talking about the vurnability of Bitcoin in the stock market, we all know that Bitcoin is volatile, it increase and decrease over time. You just have to be watchful on the market and know when to sell or buy. Still, bitcoin is safe to invest and secured to buy or sell.
newbie
Activity: 98
Merit: 0
February 11, 2018, 11:00:39 AM
Bitcoin is digital money used for the transfer of instant and secure value anywhere in the world, not controlled or issued by any bank or government,
Open network managed by its users,
The core Bitcoin protocol can be seen by anyone, has been examined by thousands of security researchers around the world,
Using bitcoin is similar to using other personal apps on the internet, such as email or online banking,
Currently bitcoin is very popular and very safe because of the many people who invest in Bitcoin, Because bitcoin seems very good, and bitcoin in the future looks very promising, and also good for the long term, so I think personally, bitcoin is very safe.
sr. member
Activity: 882
Merit: 403
February 11, 2018, 10:59:01 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.,


Well, if you try to compare it with anything else in this world, bitcoins are probably more secure and safer. Even more secure than your own relationship to be honest and safer than your heart in the hands of your partner. lol.

But seriously though, I really mean it. What I have said earlier. Which was bitcoins compared to other things I know about nowadays, is so much safer, more secure and definitely are more trust worthy. But even so, like any other great things in this world, there are risks or catches. And the things that really differentiates successful crypto users to failing ones is how they weigh these pros and cons to get the most benefits from bitcoins. In short, everything entirely depends on you. Yes, even security and number or profits.
sr. member
Activity: 371
Merit: 250
February 11, 2018, 10:37:56 AM
Bitcoin is not safe. There have been several high profile cases of theft involving millions of dollars worth of Bitcoins. As far as I know, stolen Bitcoins have never been recovered. It shows that bitcoin's security hasn’t been guaranteed yet.
sr. member
Activity: 1316
Merit: 356
February 11, 2018, 09:46:30 AM
Bitcoin is really secure because you own the private keys so that no one can steal, manage or control your bitcoins. But there are many kinds of wallet, two of them offline(cold) and online wallets. Offline or cold wallets are the most secure wallets because you are the only one can manage your bitcoins. And online wallets are not so secure wallets because they can control your account if they want so you need to choose wisely before putting funds in the online wallet. Therefore, the security of our bitcoins is depends on our action that we take.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
February 11, 2018, 09:34:28 AM
If I invest privately on bitcoin it is very safe. because bitcoin is a very global investment place. So from that money people invest their money in bitcoin.
For me it's a yes, bitcoin is really secure and for the long time that bitcoin is running all people are very trusting bitcoin because there money with bitcoin is really secure and bitcoin is really helping a lot of people to be rich in the future.
newbie
Activity: 261
Merit: 0
February 11, 2018, 09:30:13 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 safe, you do not need to worry because bitcoin security is more secure than banks and credit cards.
sr. member
Activity: 406
Merit: 250
February 11, 2018, 09:06:53 AM
Bitcoin is secure enough when you following this few easy tips:
1.Never dowload anything suspicious
2.Never click on any links
3.Use different wallets
4.Use different passwords
member
Activity: 140
Merit: 20
February 11, 2018, 08:59:02 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.,
Well so far I dont experience yet any security issues about bitcoin. All my money that I invest was secure and still complete. So I dont think bitcoin is easy to hacked, or maybe it is the choice of wallet that you are going to use. You should use the one that is trusted by any bitcoin holder cause it means that it has been tested by a lot of people. And to full secure your money in bitcoin , you should first secure your personal information.
member
Activity: 322
Merit: 25
“OPEN GAMING PLATFORM”
February 11, 2018, 08:44:16 AM
I think bitcoin is very safe, because it is a place where we invest long term and it gives us a lot of good income and benefits in our lives. Bitcoin is becoming increasingly popular because of its high security, and this is one of the best reasons for the popularization of Bitcoin.




For me bitcoin is very safety if you invest a money because many persons invest and become a rich so if you thinking if why people invest a big money with bitcoin because bitcoin is very high pricing and its very safety and secure.like other people hold it in a longterm way because in the future bitcoin will be expensive and its very good for investing.
newbie
Activity: 47
Merit: 0
February 11, 2018, 08:36:22 AM
I think bitcoin is very safe, because it is a place where we invest long term and it gives us a lot of good income and benefits in our lives. Bitcoin is becoming increasingly popular because of its high security, and this is one of the best reasons for the popularization of Bitcoin.
newbie
Activity: 113
Merit: 0
February 11, 2018, 07:55:02 AM
yes its secure,,you can invest in bitcoin and it will ba save
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