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Topic: Is bitcoin really secure - page 40. (Read 3100 times)

legendary
Activity: 2030
Merit: 1028
January 30, 2018, 09:45:36 AM
Yes 101% bitcoin really secure. If you think the bitcoin isn't secure all hacker can get bitcoin no on history is the bitcoin hacked. Trust to bitcoin brother just do it. We love bitcoin i trust it.

You can trust bitcoin but not 100%

Have you ever heard that Japanese exchange got hacked ?
https://www.cnbc.com/2018/01/27/hacked-japanese-cryptocurrency-exchange-to-repay-owners-425-million.html

Although bitcoin is secure but the hacker is more clever since bitcoin security is being created by human and only human itself able to hack the system.
Sounds logic , right ?
copper member
Activity: 112
Merit: 0
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January 30, 2018, 09:42:01 AM
Bitcoin is secure. However the question is about implementation.
member
Activity: 322
Merit: 11
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January 30, 2018, 09:32:05 AM
As far as the status of bitcoin, it is very secure ,it is at the top in terms of its value compare to other cryptocurrency, the only not secured is that your bitcoin accounts might be penetrated with scammers ,hackers or stealers.
full member
Activity: 952
Merit: 104
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January 30, 2018, 07:14:39 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 its secure and its the reason why bitcoin remains on top of all cryptocurrency. It is up to the investor how to secure their wallets and accounts in bitcoin most specifically in investing on ICO where there are many fraud and scam.
full member
Activity: 226
Merit: 103
January 30, 2018, 07:02:37 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.,

You can bet it is. Just ask yourselves this, if bitcoin is not secure, would it last for years since the year 2009? I don't think so, right? The thing that makes people drawn more to bitcoin is the fact that it is secure and cannot just be shutdown because of the fact that a lot of people have invested in it.
newbie
Activity: 104
Merit: 0
January 30, 2018, 06:42:35 AM
I believe its yes .. Its more secure than other banking activity.I am very confident that if we use bitcoin in a proper way it will give it back to us safely  with security:-)
newbie
Activity: 70
Merit: 0
January 30, 2018, 06:35:29 AM
the context of TS implies investment security, not blockchain security probably. looking at full span price of btc it may look very secure - exponential growth. the rule of thumb in finance is that past performance does not guarantee future. and the back side of any investment is risk. so of course it is not.
newbie
Activity: 136
Merit: 0
January 30, 2018, 06:16:40 AM
Yes 101% bitcoin really secure. If you think the bitcoin isn't secure all hacker can get bitcoin no on history is the bitcoin hacked. Trust to bitcoin brother just do it. We love bitcoin i trust it.
full member
Activity: 419
Merit: 100
January 30, 2018, 05:52:56 AM
Yes of course the bitcoin network is highly secure and all transactions world wide are recorded on the public ledger called the block chain system which can be  seen by all the bitcoin user's so no one will be able to do any thing as no one has control over the bitcoin network or the block chain system, all the transactions are carried with high transparency in the network. Duplication of bitcoins is not possible and only limited number of 21 million bitcoins are only available in the bitcoin market for mining. The bitcoin user's need to store their bitcoins safely in a secure hardware wallets and thus can avoid hacking related issues from the user's wallet.
 
full member
Activity: 630
Merit: 103
January 30, 2018, 05:40:36 AM
Bitcoin is based on Blockchain Technology. This kind of technology is really hard to hack because it is a chain of blocks that needs to be altered before you reach what you really need. This security is hard to crack. Bitcoins security is still being developed by adding different security measures before you can open your personal account.
full member
Activity: 448
Merit: 103
January 30, 2018, 05:24:47 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 a risk, but we must remember that the best profit comes from the riskiest decision we can make.
Bitcoin security is not perfect and it always depends on the internet and we have lots of hackers all over the world.
so better put some money on bitcoin and not take the risk of giving all you have. just a part of it.
newbie
Activity: 9
Merit: 0
January 30, 2018, 05:13:18 AM
Nothing is "secure" on this planet.
But, even with lot of safety issues and weaknesses, bitcoin is more secure that other financial assets.
newbie
Activity: 21
Merit: 0
January 30, 2018, 05:02:07 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.,

In my opinion, I feel that bitcoin is more secure compared to manual banks who store money in a big vault. Because bitcoin is digital, unless you are so professional in hacking, you can enter the what you so called bitcoin vault. But I bet that someone who will try to do that will be punished severely by the creator of this crypto.
full member
Activity: 350
Merit: 100
January 30, 2018, 03:49:53 AM
Indeed bitcoin is more secure and proof is that you will never here about any news against bitcoin security and if there was any doubt in security of bitcoin then people will never invest such huge amounts in bitcoin. And also there is any weakness was in bitcoin then hacker will get that opportunity still but there is no weak point in bitcoin security.
full member
Activity: 280
Merit: 100
January 30, 2018, 03:13:37 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, I think it's secure, lots of people think it was a bubble but those people are full of theories. Bitcoin is secured itself, the question is, does your wallet secured? You should choose the right wallet for your bitcoin account especially if you have a great numbers. You should make a strong password for your accounts change it monthly not to be paranoid but just to be safe, beware of the fishing sites some of them copy the face of a website, check the URL be cautious before entering your wallet security address.
newbie
Activity: 91
Merit: 0
January 30, 2018, 02:50:13 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.,
For me no one knows if bitcoin is secure.  But I assure bitcoin is most potential currency of all time,  because we all know bitcoin their are more life change. And for me its better.
hero member
Activity: 910
Merit: 512
January 30, 2018, 02:43:31 AM
It mostly depends on the user and the method he used to secure his bitcoin wallets and personal devices, It would always be better to avoid downloading software that looks suspicious as they might contain malware or key logger that are able to steal your personal details and log in information to your bitcoin wallets.
Yes bitcoins are better in security than any other coin right now. But this doesn’t mean that bitcoins are safest and the most secure. No, definitely there are some pros and cons of them as well and for this reason you can’t say bitcoins are attack free.

There are some preventive measures for everything and so is for bitcoins. Poole are not interested to know about them however they are most important.
full member
Activity: 405
Merit: 105
January 29, 2018, 06:20:56 PM
As Bitcoin is the world most strongest and popular coin, it has great security. I think personally that Bitcoin is more secure. If you have private key, email, password safe then your account and btc will be on secure.
Its security will depend on the person especially for its password or private keys. Bitcoin was really secure because government doesnt have access on it and only the cryptography who manage all the transaction. If you want to secure your bitcoin especially the wallet where bitcoin was stored, put your private keys in a sheet or make a copy of it to your laptop or any gadget that you are using so tht you can easily recover it when something happen wrong.
newbie
Activity: 31
Merit: 0
January 29, 2018, 06:20:23 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 is going to be as secure as its owner tries to be.

It is up to individual responsibility.
newbie
Activity: 12
Merit: 0
January 29, 2018, 06:10:59 PM
It depends from what point of view: even in its value will remain stable, it seems that there is a lot space for improvement, if we are talking about security:

https://cointelegraph.com/news/coincheck-stolen-534-mln-nem-were-stored-on-low-security-hot-wallet
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