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Topic: Is bitcoin really secure - page 43. (Read 3100 times)

newbie
Activity: 15
Merit: 0
January 29, 2018, 03:57:59 AM
#87
For me,yes it is secured..It also depends on how you secured your own account so that it will not be hacked by others. Smiley
full member
Activity: 238
Merit: 106
January 29, 2018, 03:51:15 AM
#86
Yes its more secure and reliable it always depends on you how you manage your passwords how would you keep it safe. So many disadvantage than the fiat money when the time comes someone will hack your account you can't even complain on the authorities. Unlike fiat money you can easily store it in some banks.
hero member
Activity: 1036
Merit: 500
January 29, 2018, 03:04:05 AM
#85
In fact, the legal currency is valuable because it has credit guarantee, for example, some countries have been bankrupt of credit, so the legal currency of this country has no value!

But BTC is different! BTC is in circulation all over the world, which means that BTC is valuable all over the world!


Bitcoin is really amazing that is why it is really getting more trend each day and i believe that it is really secure because it run until this time with an amazing value and prices  i think if bitcoin is really not a secure type of gaining process maybe we will not known bitcoin today because it will be ban in the past and it will not exist at present ao then i really believe  in the capability of bitcoin and i believe that it has an amazing security.
newbie
Activity: 45
Merit: 0
January 29, 2018, 02:36:17 AM
#84
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.
member
Activity: 392
Merit: 10
January 29, 2018, 02:10:28 AM
#83
In fact, the legal currency is valuable because it has credit guarantee, for example, some countries have been bankrupt of credit, so the legal currency of this country has no value!

But BTC is different! BTC is in circulation all over the world, which means that BTC is valuable all over the world!

full member
Activity: 700
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
January 29, 2018, 01:57:43 AM
#82
Bitcoin, or better we say the Blockchain technology, is one of the most secure systems in the world. Its decentralised, so if you want to manipulate it, you have to maipulate like over ten thousand computers at the same time. Thats with the technology we have today just impossible. The only thing why people get their bitcoin or other cryptocurrency stolen is because they Computers are unsafe. They do not deal with their data confidentially. So in this case of security the guilty is 100% by the people.
jr. member
Activity: 246
Merit: 2
January 29, 2018, 01:52:19 AM
#81
I think it is not, many other people are here to hack. Like the wallets or users, sites, many other things, what do you think if the founder of bitcoin is a hacker? what would happen to us who are bitcoiner here?
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
January 29, 2018, 01:49:48 AM
#80
Yeah,bitcoin is really secured when compared to fiat currency,by means of getting stolen,by means of transaction over internet.But is is really not secured by means of it value.
full member
Activity: 196
Merit: 101
January 29, 2018, 01:27:11 AM
#79
not at all cause Wallets Can Be Lost.If a hard drive crashes, or a virus corrupts data , and the wallet file is corrupted, Bitcoins have essentially been “lost”. There is nothing that can done to recover it. These coins will be forever orphaned in the system. This can bankrupt a wealthy Bitcoin investor within seconds with no way form of recovery. The coins the investor owned will also be permanently orphaned.
newbie
Activity: 126
Merit: 0
January 29, 2018, 01:18:24 AM
#78
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 because lot of millionaires rich people have invested to bitcoin the us really secure it a cashless currency 
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
January 21, 2018, 10:42:12 PM
#77
I think bitcoin is really secure if you would just look how it goes so far since it was launched by Satoshi Nakamoto last 2009. Because it grows to a staggering 192,414,337,581$ worth market cap, it is a good testament that move investors are trusting on bitcoin because it is secure.
sr. member
Activity: 854
Merit: 257
January 21, 2018, 10:29:45 PM
#76
Yes bitcoin is really secure and it is depend on you on how will you keep and use your bitcoin because a lot of stuff there are scam just make a little research first before entering on an investment so you will be assured a little bit.
newbie
Activity: 24
Merit: 0
January 21, 2018, 07:21:57 PM
#75
Bitcoin is a decentralized type of money (cryptocurrency). Bitcoin itself can be said to be secure but you need to be mindful of the other aspects such as the wallet system and the transactions. With the evolving threat in the cyber space, it is possible for someone with malicious intent to sniff of track your business with bitcoin. It is also possible for others to gather your wallet informations, such as key, to have an unauthorized access with your wallet then use it as their own. At this age, you need to be aware of such threats most especially when it comes to a digital form of currency.
full member
Activity: 182
Merit: 102
January 21, 2018, 07:01:24 PM
#74
Yes, it's high and valuable price is the reason why it's very secure. That is why I guess it is the most trusted. Aside from being secure itself we also need to take parts and be responsible by choosing the right wallet in terms of security.
member
Activity: 237
Merit: 43
January 21, 2018, 06:31:04 PM
#73
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.,

The technical part is secure, it would have been broken by now if not, but there is always a problem with the account hacking, scammers and thieves. In that sense, is as secure as your computers.
sr. member
Activity: 644
Merit: 253
January 21, 2018, 05:46:05 PM
#72
BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.

Bitcoin is safe, but lately is much less decentralised that it used to be and there is an architectural problem to it: Forks. Those make bitcoin value and sometimes safety quake.
Why we can say that it is really secure? Well, as a matter of fact hackers have tried but have not been able to break in the system of bitcoin, although they can hack our wallet. The only risk that we are seeing from bitcoin aside from the security is its price too volatile which means we can't really sure about it since a lot of considerations took place with it.
member
Activity: 238
Merit: 11
January 21, 2018, 05:36:45 PM
#71
BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.

Bitcoin is safe, but lately is much less decentralised that it used to be and there is an architectural problem to it: Forks. Those make bitcoin value and sometimes safety quake.
newbie
Activity: 18
Merit: 0
January 21, 2018, 04:42:13 PM
#70
BTC by itself is a secure currency but its dealing maybe safe or not. It depends on where, with who or when you use it. Any trnsaction must be planned and studied as much as possible without loosing the opportunities, diving or not diving all or part of your assets in attractives investments. Always check before opening your wallet!
sr. member
Activity: 882
Merit: 403
January 21, 2018, 04:23:40 PM
#69
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 know what op, i honestly think that bitcoins are actually far more secure than fiat. I really do. Just a little research about bitcoin will really tell you that it truly is very secure. After all, this is one of the reasons why it was made and why a lot of people are into it. So don't worry. The only thing you should worry about is how to get your hands onto this great coins. How to keep them from getting lost , or just simply worry about the links you click and sifes you access.
legendary
Activity: 1540
Merit: 1003
January 21, 2018, 04:03:10 PM
#68
Nothing is secure in the internet, you should follow the updates that developers make.
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