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Topic: Is bitcoin really secure - page 5. (Read 3094 times)

full member
Activity: 152
Merit: 100
April 09, 2018, 11:30:32 AM
I believe that bitcoin is safe and bitcoin is now very popular and very safe because the number of people investing in bitcoin is overwhelming. because the bitcoin price looks very good, and the bitcoin in the future looks very promising. if they know about bitcoin to get many benefits. bitcoin will have a long pamjang and will grow better for its fore.
newbie
Activity: 31
Merit: 0
April 09, 2018, 11:26:03 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.,

Do not invest all your money in bitcoins. Invest the amount that you can afford to loose. Also, invest for long term as it is more safer.
jr. member
Activity: 313
Merit: 1
April 09, 2018, 11:16:39 AM
Bitcoin is really secure, however, the most common disadvantage of Bitcoin lies in its user error. Bitcoin wallet data that holds private keys can be erased accidentally, lost, or stolen.
full member
Activity: 340
Merit: 122
April 09, 2018, 11:01:44 AM
I believe bitcoin is really secure once we do transactions everytime our identity is hidden or it is anonymous. This is the most likes by many about bitcoin it can do fast transactions anytime. We have many ways to keep our btc in wallet to have it safe and secured by saving in a offline or online wallet.
It depends upon the person himself. 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.

full member
Activity: 434
Merit: 100
Hexhash.xyz
April 09, 2018, 10:14:57 AM
I believe that not only bitcoin have a secure wallet but all coins can be do it too. I assure you that you may lose it if you ignore this kind of thing that you need to keep to be safe and secure your coins. But it really depends on our individual way on how we will do to make it safe so i think you need to watch and observe it everytime.
newbie
Activity: 109
Merit: 0
April 09, 2018, 10:00:59 AM
I do not think it is safe but I still invest in this market because I see a lot of profit from it. I accept high risk to get more profit and that is my thoughts. There are no safe markets that have a lot of profit.
sr. member
Activity: 1236
Merit: 252
April 09, 2018, 09:45:20 AM
Yes, I believe this is really secured unlike in the bank. Bitcoin has a very fast transaction. The problem is in the holder, how can handle it and keep it in a safer place.
No there is not problem to hold bitcoin because bitcoin has a lot of features that makes bitcoin unique and safe for us,  bitcoin is for sure very safe and secure investment and it gives a lot of money to us, for now there is nothing safer than bitcoin, if you hold your bitcoin in your bitcoin wallet you will not be worry about the future, holding  bitcoin is not harder to keep safer for the long time using your bitcoin wallet so I use blockchain which gives me safe fast transaction and very reliable use of bitcoin anytime.
full member
Activity: 232
Merit: 100
April 08, 2018, 03:26:17 PM
I think Bitcoin is really safe if you do not reveal your wallet or lock to open it for anyone. Besides, some people worry if they die and no one can open their wallet. They can leave their wills or send them back to anyone they trust most. I think it is very safe now
sr. member
Activity: 861
Merit: 253
SmartFi - EARN, LEND & TRADE
April 08, 2018, 03:20:52 PM
Here is some certain platforms that're worth to trust and they make you possible trade your BTC. Also here is many ways to create a secure wallet.
jr. member
Activity: 168
Merit: 1
April 08, 2018, 02:18:46 PM
If it says safe or secure, I think still not too. Some time ago my friend lost some of his bitcoin from his MEW. Though my friend did not feel giving or share his private key. Maybe need some improvements in the security system to reduce the risk or things that are not in want.
sr. member
Activity: 854
Merit: 251
April 08, 2018, 11:56:30 AM
The security of the bitcoin is on our own that determines because it is bitcoin itself is safe and if we can secure it properly. because if we are careless it is the same risk of hacked
full member
Activity: 621
Merit: 108
April 08, 2018, 11:36:22 AM
Bitcoin has a very fast transaction.

Are you sure you're talking about Bitcoin, not some other coin? This above statement had me laugh.
member
Activity: 173
Merit: 10
April 08, 2018, 11:26:31 AM
Yes, I believe this is really secured unlike in the bank. Bitcoin has a very fast transaction. The problem is in the holder, how can handle it and keep it in a safer place.
jr. member
Activity: 170
Merit: 6
(┛❍ᴥ❍)┛彡Axi
April 08, 2018, 11:17:08 AM
Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.
I agree to you that even government cannot track this transaction. That is why some countries ban the Bitcoin because they afraid to use this by the terrorist against them.
member
Activity: 336
Merit: 10
April 08, 2018, 11:02:03 AM
Bitcoin is a technical currency built on the blockchain platform that brings many benefits to users, especially personal security. But here, if you talk about absolute safety for users to ensure never lose Bitcoin then surely this is impossible. Due to personal mistakes in the process of doing transactions with Bitcoin will lose the bitcoin that we have in the wallet. Bitcoin's platform is secure and secure, but the Bitcoin platform can not protect Bitcoin from the personal information we have exposed to the bad guys.
You know, if some government wanted to just deanonymize some people, especially if this guy lives into their country - they will find a way to do it, with bitcoin or without. But ofcourse blockchain need to be more secure that it is right now in BTC.
sr. member
Activity: 649
Merit: 250
April 08, 2018, 10:31:54 AM
I believe bitcoin is really secure once we do transactions everytime our identity is hidden or it is anonymous. This is the most likes by many about bitcoin it can do fast transactions anytime. We have many ways to keep our btc in wallet to have it safe and secured by saving in a offline or online wallet.
newbie
Activity: 112
Merit: 0
April 08, 2018, 09:48:40 AM
Bitcoin is a technical currency built on the blockchain platform that brings many benefits to users, especially personal security. But here, if you talk about absolute safety for users to ensure never lose Bitcoin then surely this is impossible. Due to personal mistakes in the process of doing transactions with Bitcoin will lose the bitcoin that we have in the wallet. Bitcoin's platform is secure and secure, but the Bitcoin platform can not protect Bitcoin from the personal information we have exposed to the bad guys.
full member
Activity: 434
Merit: 100
April 08, 2018, 09:37:22 AM
I think that it is really safe and secured that the only problem for a individual to be unprotected is because of itself only. The problem mostly that we or others experienced is scam, can be due to scamming site, scamming individual, or scamming bounty. By using the blockchain technology of cryptocurrency, our security is on top priority and we users of it must comply to it so that we could also help and add more security to our wallets. Bitcoin uses blockchain technology which means that it is safer than the safe which bank is talking about and even what governments idea about it.
newbie
Activity: 31
Merit: 0
April 08, 2018, 09:29:27 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 sure it is more secure than other currencies, because it is the main feature of it that nobody can access and get your information, thats is why it is more preferable way of investing money, except that you have more chance to have more profit with less money than any other traditional investments.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
April 07, 2018, 04:26:02 PM
For me yes because no one can control bitcoin so bitcoin is secure but as being user we can make bitcoin more safe to anyone here by choosing a bitcoin trusted wallet here in the world of crypto.

Bitcoin was very secure with the help of the blockchain technology. Blockchain has incredible encryption that it needs a quantum PCs before they can genuinely hack bitcoin. Bitcoin protected, and that is the reason that individuals are taking premium and putting cash in bitcoin. If it isn't secured then for beyond any doubt, it has been hack numerous years.






Some people directly conclude that Bitcoin is not that really secured. If they will only do some deep research about its features then probably they will change their mind. It's been almost 10 years since it was created and we still see this coin getting more popular and many of us are now starting to adopt the technology. Bitcoin will never survived up to this year if it is not really secured so for those people who think this kind of perspective, then maybe they were wrong.
Until 2030, the ability of security in the Bitcoin system can be old and must changes. As far as I know, until that time, the power of computer and decode SHA256 of Bitcoin system. So, I hope the Bitcoin devs can update Bitcoin code before this future happens. Changes to new system can helps Bitcoin increases its value too.
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