Is bitcoin really secure - page 38. | Bitcointalksearch.org

reda

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Quote from: Goat20 on January 31, 2018, 01:32:13 AM

Bitcoin is not really secure beacause as we all know that bitcoin is decentralize that is why government has no protection for it unlike the other banks.However,you are the one who responsible in making your own bitcoin wallet so must thing to do is choose the right and better bitcoin wallet.

I thing you don't know the bitcoin proces. First you will learn it. Bitcoin good for the people future growth and people will be learn more information from bitcoin. Bitcoin easy to use and secure. If you will share some information for your account details. Some people will hack your account. So you safe to use you account information.

jostorres

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Quote from: vhiancs on January 29, 2018, 07:07:10 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.,

Yes, bitcoin currency is very secured and safe. if you send bitcoin to another user, no one knows where the transactions come from. But I think the most important is to make sure that your wallet is more secure because if your wallet has no private key it can be accessed by hackers. so I suggest you to use wallet has private key.

Basically, you have discussed two characteristics of Bitcoin here, one is security and the second is anonymity. Bitcoin possesses both of them. It is secure and the transaction are also anonymous but everything has a limit. The security of Bitcoin depends upon its holder.

The best way to protect any digital currency from hackers is to keep it in an offline wallet. The anonymity is achieved by blockchain technology. I can explain that but it is a very long story so I would skip it.

fullhdpixel

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Quote from: rancidgash on January 29, 2018, 06:04:50 AM

Quote from: rvrl_23 on January 29, 2018, 02:36:17 AM

bitcoins are safe, the only downside is the prices, because bitcoin values are unstable. The only thing you have to worry about is hackers, hacking your btc wallet, please be careful on phishing sites, you can find preventive measures in the net, and please don't give your email on anonymous persons.

Bitcoin are secured with a high degree of encryption, close to that of the military. No one can pay you money or make a payment on your behalf. Bitcoin can give you full control over your money and a high level of protection against many types of fraud.

Yeah mate you are absolutely right bitcoin is the most secured currency t this time and the bitcoin organization is very conscious about its investor’s money security and they will never let anyone to touch anyone else’s money and this thing build trust among the investor community from the start there is no mishap in the bitcoin that anyone looted here so it’s better to use the secure mood of money to earn without risk.

Goat20

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Bitcoin is not really secure beacause as we all know that bitcoin is decentralize that is why government has no protection for it unlike the other banks.However,you are the one who responsible in making your own bitcoin wallet so must thing to do is choose the right and better bitcoin wallet.

RudeeTam

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Bitcoin is not safe and secure. You can lose money if you don't know what you are doing. Not anyone is cut out for bitcoin especially ones who are desperate. They can lead to disaster if they let their emotions cloud their judgement on when to buy in and when to get out.

lilmansbride

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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.,

Yes it is, til quantum computers became able to unhash our private keys and take control of our coins.

Gabrieelle

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Quote from: farhaan on January 30, 2018, 07:03:13 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.,

Just like all the other investments are risky, bitcoin investment is also risky. But the promising fact is its ever increasing demand through out the world and bitcoin being safe as it could not be hacked unless we reveal our private key.

It is a kind of risk that is worth it because once we invest in bitcoin we can be profitable in the long term. More and more people are engaging into bitcoin everyday which means there will be a greater demand for bitcoin and it will result to a much higher price. You're responsible for your security once you started using bitcoin because we all know that it is decentralized.

Asoe kaya

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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.,

according to what I know bitcoin is not safe to trade because there is a risk of his,her risk yes because bitcoin transactions there is no protection of the government is not like a bank,so this depends on our own whether to transact via Bitcoin or not.

CherRic

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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 safe and secured. Transactions in bitcoin are also secured because no one can trace you or your transactions in it. However, the Bitcoin holders are the main responsible in making their own bitcoin wallets secured and safe. Right now, no one can hack or scam the bitcoin itself but many can in your wallet. To be safe and secured always choose the right bitcoin wallet and avoid visiting any sites that are suspicious.

Electro_wiz

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The revolutionary trading ecosystem

yes of course btc is really secure.It is secure but risky.it is increasing day by day.and I hope that it will increasing also future. that's why I think it is secure but little bit risky.

anussayme

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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.,

It's not safe, and it is risky. Without any safe altcoin, they are risky. If you look at the market you see in a month the market has gone down twice this is a big risk, it isn't safe as well as reliable as what people see.

izzabel

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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.,

For me its really secure it's a cash less currency it's like also a ATM card or a passbook in a bank

douhancan58

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Because the number of BTC is fixed, the supply of inelastic goods is more responsive to demand changes than flexible items. The rise in BTC prices has to do with the cost of extraction and transaction costs.

Investment BTC is safe before the BTC is finished.

Haterstestbtc

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Quote from: ?? on ??

I think that yes, its really secure. Lot of years on the TOP

Yes, of course bitcoin is really secured for investing because they have a huge profit ahead if you patiently wait for the bitcoin to pump again.

anavir

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i think so because bitcoin already runs for how many years...their are some intrigues about bitcoin but people trusted bitcoin still because they knew that bitcoin can stand whatever problems bitcoin may incountered and the reason is people still trust bitcoin on how safe it is.

ArnoldChippy

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Quote from: Godric-Gryffindor on January 30, 2018, 04:58:12 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.,

Bitcoin is safe to invest, but what is safer is to use bitcoin wallet you owned, only use exchange wallet if you want to, well, exchange bitcoin to fiat, after using exchange service withdraw all funds the same day. Backup all information to retrieve access to your wallet in case you forget password or hacking.

My personal view is that bitcoin is a secure investment. I personally using bitcoin for so many purposes for a long long time and never find or feel insecure while using it. In fact we can expect that in future bitcoin will become more secure and trusted coin for investment, trading and for using it as fiat currency. Because bitcoin is now turning into our fiat currency.

Iqram fahmisyi

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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 safe or not her only to be perceived by his own users and certainly transaction bitcoin very risky because there is no intervene the government in it.

farhaan

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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.,

Just like all the other investments are risky, bitcoin investment is also risky. But the promising fact is its ever increasing demand through out the world and bitcoin being safe as it could not be hacked unless we reveal our private key.

But still its not advisable to invest all of the assets in to bitcoin and could just invest just a part of the assets in it.

But after twenty years,when quantum computers come in to existence,bitcoins stored safely in wallets may get compromised.

umrohyuk

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Bitcoin is really secure, because the users can access to their own accounts by their self. They can menage the accounts whenever they want, it is very different if we compare with some banks which the owner accounts cannot access to the account.

Asoe kaya

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Actually, this is the reason for government said that the transaction bitcoin it is at risk, kebapa risky? because the transaction bitcoin not protected by the government.

Topic: Is bitcoin really secure - page 38. (Read 3100 times)