Bitcoin Forum

There's been news going around saying that you need to put in a certain address to able to steal that account. I was wondering if that's fake and bitcoin is a secured way of handling cash.

Where did you get "There's been news going around saying that you need to put in a certain address to able to steal that account" from? You can't steal any Bitcoin account unless by putting in a random address. The address it like the username of your account. in order to get into the account you also need to to know the password. To make it more secure you can enable 2 factor verification in the settings of your account. "Two-step verification is a process that involves two authentication methods performed one after the other to verify that someone or something requesting access is who or what they are declared to be".

If someone has access to your private keys, that person has access to your coins in your address, so be careful, if thats what you mean. Handling cash physically is a different thing from the digital world of Bitcoin, but yes, Bitcoin can be more secured as once it is verified, the transaction goes through and the recipient gets the money, but with cash you can have cases of robbery or counterfeits but those are extreme cases.

It really depends on the amount, and in terms of the Blockchain system, it is 100 % safe from hacking. It is the private keys that may get hacked.

I agree with your answer sir. Every form of currency or transaction has risks, for example, you have a cash deposited in your bank account, then you withdrew it using an atm but unfortunately you were robbed and all the cash that you withdrew was taken. It is just the same with bitcoin, you see, this world is full of greedy bad men that loves to steal from other people, they will do whatever it takes to steal from you, they may hack you, well even though it is very hard to hack someone's account, but let us say that there is still a possibility that they can do that.

However in terms of investing your assets, having btc instead of cash is more preferrable since it continues to grow, thus your money's worth will keep on growing until the day comes when you'll need it.

Having cash however is good when speaking of its liquidity and accessibility, like when you suddenly need an emergency money and such.

i don't even know what you are talking about but consider these:
- it has been 8 years that bitcoin existed
- there are 200,000 - 300,000 transactions happening per day [1]
- there is about 200-300 million dollar being transferred between keys each day [2]
- the top 2 richest addresses have >100,000BTC balance and there are more with big numbers in them [3]

now do you think any of these would have been possible if you could "put in an address and steal account"! ;D

[1] https://blockchain.info/charts/n-transactions
[2] https://blockchain.info/charts/estimated-transaction-volume-usd?daysAverageString=7
[3] https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

I never heard of anything about putting address to steal an account, the one that can make your account being broke in is by using your private key and it is very difficult to hack or to steal from bitcoin wallet, the protection is pretty strong, I think it is stronger than bank account protection

Well i think bitcoin's network is safe there are no issue of hacking into it, so bitcoins be a more secure way of handling cash
the risk losing bitcoins and cash money depend on their users. If they can put the private key on the safe place,
they will not be losing bitcoins so do with cash money and all of user's bitcoins and cash money has responsibility to secure their bitcoins and cash money. Never blame bitcoins or cash money because of the risk losing value.

I think it is secure enough. The only thing you'd have to worry about is if your money is in an exchange (in which case you don't really own it) or a malware is installed in your device and snooping.

The only difference is of course, should you lose your money, there's no way to get it back. No bank insurance or anything. You are responsible for your  money. As they say, in bitcoin "you are your own bank".

This seems illogical that by putting certain addresses one can steal the account without having private keys of that account. I think bitcoin is the safe way to secure money if you are using verified offline wallets.

Its safe as long you didnt expose your private keys and show it to public or been said to anyone because no one would able to access it as long they didnt know it. I can say that its one of the most secure way on handling cash without the need on having a local fiat on your own pocket but the main thing here is that bitcoin isnt still available in all parts of the world which you cant able to use it unlike on our local fiat. We are on the full control of our money specially when in bitcoin form and thats the goodness of this kind of innovation.

What you have been heard was wrong,
If what you described was real,noone gonna use it because it is easy to hack.but look at it now,as far as i know bitcoin is an asset that have a good security because using a private keys to protect your money.it's very popular and many people used it.

So it's safe as long your wallet did not affected by a virus/malware or malicious program and then not expose your private keys.
Nobody want to risk their money if it was not secure enough

Bitcoin accounts are prone to theft so be careful with your account, bitcoin may also be a way to handle your cash, it may help increase your money due to high bitcoin prices. You will be more profitable.

Yes. It is one of the safest way on how we handle cash. It would need private keys in order to access your account that you yourself only know. It is also safe in a way that you will not be tempt to use it in useless things.

Since I get into cryptocurrency trading and come to understand about cryptocurrency I see it as a future of money and if you are for future then bitcoin is for you. You can actually handling cash through bitcoin and others cryptocurrency. It is very secured to handle cash.

Nope there are many flaws in bitcoin security , people who keep their funds in exchanges have risk of getting stolen , downloading the wallet on your pc is still risky as any malicious software can steal your coins , keeping on online wallet is also still risky. And the best way to keep bitcoins safe is cold storage which requires a cost. On other hand for cash we can just deposit in bank and get little interest plus funds are way more secure. There are advantages of bitcoin but in terms of security there are better ways of storing cash.

Actually you didn't get the news correct. Every BTC address has two part namely private and public.
Public key is actually the address on its own and this is a place where funds are hold. Private keys are like key to lock. It is a key to access funds from your public key. So if you got private key of any account, you can easily steal Bitcoin. So it is always advisable to keep private keys at safer place. If you placed it safely then believe me Bitcoins are safest place to keep money.

Well in a way he's actually right, if you have access to the private key of a Bitcoin address, you have access to that address.
That's probably what he meant by 'you need to put in a certain address to able to steal that account.'

And people do steal addresses, there have been certain wallets with vulnerabilities that 'leaked' the private keys. I think it was an android wallet if I remember correctly.

The security of Bitcoin still hangs in the balance considering the prevalence of theft associated with it by hackers. Whether we agree or not, Bitcoin is highly risky indulging in. Apart from the slow confirmation and backlog of unconfirmed transactions, we still battle with stolen and hacked wallets. The technicalities involving how Bitcoin works are not easily understood by many, especially the illiterate ones. I really don't think Bitcoin is a secured way of handling cash. The banks are better.

Where did you get that kind of information ? I know that it's not that very easy to steal a bitcoin by searching or knowing a bitcoin address because there is still another code that you will find in your address. That's the greatness of bitcoin there is a less chance that you can steal or hack someone's bitcoin

If we use banks to save our Bitcoin then we have defeated the purpose of decentralization in the first place and everything is centralized and so we cannot enjoy the 24/7 accessibility of Bitcoin likewise we have to follow long queues to make deposits or withdrawals plus limitations are going to be placed on amount for eligible withdrawals and a whole lot so to me we are better off without the banks else we shouldn't even call it Bitcoin but something else.

As it happened to be true, bitcoin is not money, it's a tool for people to manipulate masses into getting their cash instead, imagine you have $1M in $100 bills and without your permission someone takes them and prints them to have the same $1M and they're totally legal and legit, would you want to have such money? yes you'd like nothing more but what about other people not owning even a single $1 yet? they won't come near it when they see that.

Bitcoin is safe to a degree, but like anything to do with money it is best to take big precautions. Just like there are thieves lurking to steal your fiat cash, there are hacker and phishing sites there looking for victims to steal your Bitcoin and Altcoins. Safety is relative to each user's sensible actions and how they protect their financial assets.

Bitcoin is the most safest way in handling a cash because it use encrypted address where you can regenerate whenever you like so you wont have only one address you can change it. and one more thing bitcoin cannot be hack by anyone or steal a money from you because you need a password for it and a username . btc address is not a username or password it is the address where the money can be delivered on. and that address is associated in your personal wallet. also bitcoin address has a record in blockchain.

yes i agree on that it ia the safeist way because it has a pasword ang addresses that only the owner  can often it.nobody can rub it out because  it is  virtual.it  cannot be seen by the robbery's aye nor the thief'eye.nobody can get it into your acount.

Wow, this response is as wrong as the original post!

Entering a "random address" will most certainly not allow you to steal Bitcoin.

Bitcoin is more secure but if you are careless with your security then you'll open risk for hacking and theft. The amount of bitcoin one can carry vs the amount of soace required, compared to cash, is also a significant benefit. You can carry the equivalent of millions of dollars in your pocket with bitcoin.

I think it is better that you hold yours btc in offline wallets because when the price grow up, then you lose that difference in the price and this difference can be very high

It will only be unsafe or unsecure, if you become careless to your private key or password to give it to someone else. Even you trust the person as well. still need to be careful. So your bitcoin is really safe and secure.

The greatness of bitcoin is where bitcoin has some very interesting features. a very cheap transaction. Bitcoin also has security features. But that does not mean the investment we save will be very safe. There will be hackers who want to steal the bitcoin we have. look for reliable information about how BTC that we have can not be hacked by people who just want to take advantage of the bitcoin we have. Whatever it is about the assets we have there will be no risk.

Bitcoins have amazing features undoubtedly that give them edge over other currencies whether digital or fiat. There are always some evil minds working to snatch money from you whether it is paper money or digital currency. Hackers do keep eagle eye on other’s bitcoins to get rich with shortcuts.

Indeed, all asset on the world also have risk when we saving in them, we just can minimize the risk with asset stable and famous, have a huge community like Gold. If Bitcoin have hacker want stolen our money, other asset also the thief.

In terms of security from stealing, yes. But I would add something else. If you hold your 10$ in cash, you will be able to buy less goods next year for that because of inflation. You can get small interest if you hold that in bank. But it is better to invest in BTC than to hold that in bank. My point is that BTC is more secured and better way of holding money.

This is really the key feature of bitcoin on which you do really have the full control of your money as long you do have the keys on your wallet.No one would able to take it from you as long those keys arent exposed and no one did able to know that. Talking about price depreciations banks and bitcoin would really be different when it comes on storing money and its potential increase on a single year. Bitcoin is really much better.

Only a fool can prefer banks over bitcoins. Bitcoins are safer than banks, many banks in the history got hacked and people lost their huge amounts. We can’t totally rely on banks for the safety of our money. Bitcoins present less risk of getting hacked or robbed. They are safest way of saving money.

Definitely, we can earn when we save in btc unlike in bank instead of earning it tends to have lessen the savings. Btv offer features thay can be used regualary for our convenience. Doing bank transaction were hassle needs to lane,fill up forms and wait

Yes of course .Bitcoin is a secured way to handle the cash.If you inverse Your money in bitcoin means .you can keep that for n number of days. Why Not years. That also possible in bitcoin. You can keep all your money in bitcoin. For that you no need to pay a tax also.

Its not actually the safest way because if we are talking about safest way its 100% secure. Knowing that there are possibilties of getting hacked and we must also remember that bitcoin might crash anytime its price for us to lose money. This is why putting all your funds in bitcoin is really risky.It might be good compared to banks but we should limit ourselves and its still better to put or secure fiats on our local banks because we wont able to hear out that banks are being robbed out frequently.Those are just on rare cases and not permanent.

I will appreciate to what you have said. Bitcoins are not far more secure way of keeping money but also a golden chance to increase the worth of what you have with each passing second. BTC is much more reliable way of keeping money.

Well if banks can be hacked so can your wallets. The good thing with btc is that its anonymous and many people feel safe that way but banks also have efficient ways to keep privacy and security. I'd still prefer bitcoin as well though lol

Depends on what you call "secure". Bitcoin is different fron normal money nd have its' own problems (like you can be hacked or someone can steal your key). But it seems safer than fiat money so you just need to learn how to use it.

Yes, if in your country accepts bitcoin as a payment. Because the term cash refers to a liquidated property or means of exchange of goods that is accepted by most merchants, if this is not satisfied then its more like an investment and not a cash as you mentioned it. But the good thing about bitcoin over cash is that you do not hold any physical quantity such as banknotes or real coin that is targeted by most criminals such as thieves and hold-uppers. But in the end it is in the user's way of handling his/her properties that matters about securities.

Bitcoin might provide the way for a better accessing, but right now we haven't got such a big acceptance from stores as well increased usage from common people. This serves as a way through which the user gets the chance of making an transaction without revealing the true identity of the the people involved into particular transaction.

Yes of course .Bitcoin is a secured way to handle the cash. Convenience in trading, if you look for any intermediaries, they have a limit on transfer and receive money in the day. But with no bitcoin, you can send an unlimited number of bitcoins to your friends and relatives. No matter where they are in the world. And you can send at any time, no one can manage the amount you send.
Safety and security, every bitcoin transaction can be done and completed without any personal information. Transaction information is displayed but your identity is completely confidential.
Can not be faked, the cost of testing the quality of gold is very high, but the testing of Bitcoin does not cost anything, and it is true that the bitcoin can not be faked because it does not exist in the form of an object. tight
Extremely low transaction costs, there are no transactional intermediaries, only transaction processing fees, but it is extremely low.
Environmental protection, no chemical print or paper. Bitcoin computer processing systems cost far less electricity than the current financial system.
Ecommerce Potential, all bitcoin transactions are completely anonymous and can not be reversed, so for resellers, they can be assured of fraud.

Well , the security for me is interms of code or access to your key which is individual based and no intermediaries unlike the paper money that the banks are the intermediaries.

Yes bitcoin is safest way to handle cash because there is no threat to get robbed in digital currency you don’t have to worry about bitcoin like cash. It is safe and safes digitally no one can access it. Bitcoins provide you better security than any other currency that’s the reason why they are so popular.

I also doubted the security of bitcoin, until now, but may 5% out of 100% of my trust. The more I read the more things I know, Maybe lots of thread I read about bitcoins security they assure the intelligence of btc cannot be hacked. More of what I have read but not all, just like this thread.

All the transactions, trades, gamble etc. has risks if you could imagine that. So, I prefer putting my money in the banks once its price rise up because what if someone tried to steal it right? It is better to feel safe than ever. And be careful on who you trust too ( those who knows your account) or they might stab your back without knowing it.

Ive been using a wallet and I must say it is strong, safe and secured. Likewise, I never heard that putting into wallet all your money would be steal or lose. One account would be lose if a persons is not keeping it secured and having lose the private keys. Bank is also good for savings an account but in bitcoin I can access it anywhere and I can check all my savings time to time.

The money that you will put in your wallet address will be secured and youre the only one who can open that. If you give your address or password to someone, they can open that in any device so you better keep your password and your address to yourself to prevent your money to be steal by someone.

I really don't understand where that putting into wallet and stealing is from. Wallets are secured especially when it is not disclosed to a third party that is fraudulent. If you trust someone like wife or brother as next of kin, you can disclose incase of unforeseen circumstances. Meanwhile, dash wallet is highly secured and owner can even forget it if not documented somewhere.

Oh really! That can't be so much easy after putting so much efforts into blockchain technology and then later on advancing it as the tmrcis passing.


The thing is literally very secured unless and until you make any kind of silly mistake while handling it, for example loosing your private keys to someone. That's for sure will be your mistake and yes with that your money can be stolen. ;-)


But in general your statement isn't valid where you are saying that by just putting the address you can get hold of money. The algorithm behind the wallet, vault and stores are good enough to protect themselves. For sure the news you heard is fake.

I dont think just a fake adress will allow you to sneak into someones account. You'll always need a password aswell.
Anyways, bitcoin is by far one of the best cryptocurrency out there. It is very secure in the sense that it uses blockchain method. It is  transparent due to the same reason. Bitcoin provides extra security because of it being globally open to all and anyone can see the transactions and people like you and me are the one who verifies a particular transaction, which again id visible to everyone.

Bitcoin has some benefits when compared to money as the physical money could be easily robbed any time.But bitcoin could be just stored in our wallet and even carried in a pen drive if needed.No one would ever have knowledge that you have lots of money in the form of bitcoins in your wallet.

But the private keys of your wallet is like the passwords of your bank ATM account.If it is exposed,then any body could steal your bitcoins.Other than that,bitcoin is very much secured and hackers could in no way steal your bitcoins.

For me it safe to earn bitcoins,keep it in your wallet address.And it can never be hacked as long as you never give your passwords and private keys.It will be safe and secured.

the security and vulnerability of bitcoin depends on who you trusted your private key, if you hold your private key then  you must be cautious in nany malicious files or apps that has the ability to steal your private key, once the private key is exposed, there's no way to revert it unless you make it to transfer all your bitcoin to another wallet and another private key. it is stored online,then it is the online wallet is accountable for your key.

Hold your coin to your cold wallet, set up private key or paraphase word about 16 characters. Then try to remmember this. When u on internet, dont click some strange links or anything u dont know is safe or not. This is the most way of secured of bitcoin or you sold all for cash USD, no trouble with secured ;D ;D ;D ;D ;D

Wheres the proof of that thread i see youre only posting threads to make some topics on here youre not making this statements seriously. But my only advice that if youre holding a bitcoin or less put it in a secured wallet like bitcoin.info mycelium and the most secure is a trezor or an ledger wallet care mate.

Yes, it is way more secure. The good thing about bitcoin is it has no physical form unlike cash. So, bitcoin cannot be stolen easily like money. The thief would have to be super expert in computer and technology to steal bitcoin from someone.

Could you able to share the source of your news so that it could be understood and verified accordingly. Current OP is so vague that no information is in it. What kind of address to put. And where will it put. Whose account will be stolen. The information in OP looks more like third rate scifi film where no brainer hacking is shown. The one you see in mainstream hollywood movies a well just like where a hacker is shown working on computer and within 60 seconds he hacks a website or with few strokes of keyboard claims a site is hack.
Do not believe in these kind of fake information at all. If you hear some kindly make sure to share the original source of information as well.

Do you mean BTC address? If that's what you mean then no. Those addresses are used so you can make transactions. They are meant to be given publicly (or to your sender) without the fear of being hacked. Just make sure that you won't give your address together with your private keys because that would be very foolish  ???. Keep your private keys. Don't let anyone have access to your personal phone or pc as much as possibble and your safe from being hacked.

that is right and as long as you only give your wallet address then you are safe from the hacker but if you show your private keys to other people then the chance from being hacked is wide open. just save your private keys in the safe place and never tells to other people and its better that you have many of bitcoin wallet and you spreads your balance into other wallet. you have your own bitcoin and only you that have the access of your bitcoin wallet so be careful.

Yes, bitcoin is safe and secured no one will access it as long you have your own private keys. It will hackes by someone once you lost your private keys and you dont have access on it. Bitcoin is our property and we should take care of it.

bitcoin has been created with a layered security system so it's very difficult if someone tries to steal your account

I have no idea about putting address to steal an account,i think  bitcoin is the strongest secured than the bank you cant steal an account by putting address you can buy  secured private and have a password  so that you account will more have strong protection.

Probably the most fake news I have heard up until now and that is too from you here in this thread. I don't think that anything can be done like that. Our wallets are secured with so many security measures such 2FA authentication, combination password and much more if you keep adding. Few ERC20 standard wallets are secured with the keystone file, passphrase and private keys. The combination is most hard thing we may be able to break. So no, I don't think that by just putting some address you will be able to hack it. It will just give you error that its wrong key. :-)

For me holding bitcoin is much safer compare to holding cash, because holding bitcoin in the wallet is like investment that increase everyday depends on the fluctuation of bitcoin in the market. The only risk of bitcoin is when you discuss you password to other people.

While holding cash was not fluctuate their price if you can't keeps it in the bank. Moreover the threat in the cash is only intruders that want to stole your money hold.

From what i see, bitcoin is much safer than banks, since we are the ones that is responsible for making our wallets safer, we also have 2FA and our identity will remain anonymous as long as we do not give out our identity,  however for banks, there are no security passwords, but our signature, which can be forged by an expert, and that is a threat also banks are receiving cyber threats that can lead into hacking, thus putting our money at risk.

For me is yes, why? Because in bitcoin you can withdraw it in time it's needed unlike in saving there is a possibilities that you can spend the money in thing that are not needed though in bitcoin is very helpful because we can learn how to budget the the enough money and of course a lot of people in today's is thief they will stole your  money even it is deposited in bank or not. In that way in bitcoin we can learn to implement the secured way in cash handling.

Actually i can not really understand what you will try to say.
Cash and bitcoin as virtual is different thing.
But if you concern about steal, i think you wanna say keep cash by buying is secure or not.
I think its secure if you can store your password and key in safe place.

Yes for me it is better to hold a bitcoin than a cash.  , Just secure your password so no one can steal your bitcoin .

bitcoin is much more secure then cash you can carry bitcoin with yourself any time any place so I think bitcoin we need to move toward bitcoin because you can buy things and you can also pay your all bills even you can invest and also you can do your daily trade here so bitcoin have a lot of good opportunity which I think it’s not available in any other currency so I prefer bitcoin instead of cash because it help me a lot.

Yes i agree that Bitcoin is more secured way of handling cash rather paper money just because you can avoid snatchers you can do your transactions in paying bills and do online shopping with Bitcoin

there is no system that is proff from evil and any financial system can be hack. I have also come across such thread  online  and I think there are fake. To be able to steal money or coins from any wallet you must have a passkey or secret code of that wallet and if you expose your passkey? any hacker can steal your coins but if you did not expose your passkey no one can steals your coin by just submitting it on they sites.

In my opinion. Bitcoin is not safe at all same as handling cash but handling bitcoin is much more profitable than handling cash. both offers security but both same experience problem such as attempting to destroy their security since it is money, it is what people need to survive. Keeping it safe would be a problem that is why some suggest to dissipate or distribute their savings so that it is unlikely to happen for your money to vanish and experience bankruptcy.

of course bitcoin is more secure to handle cash because you can lost your cash in many cases while if you convert your cash in bitcoin then nobody can steal your bitcoin from you wallet. it is the best way to convert all the cash to bitcoin and use them when you need and use only that amount that you need really.

Thinking Bitcoin is a secured way for your capital isn't right. High risk equal with high profits and Bitcoin is high risk.

Yes I think bitcoin is one of the best way to handle cash it is secured that even your personal information are hidden whenever you make transactions, also so far I haven't heard someone complaining their account was hacked and steal all their bitcoin unless they carelessly missed their pass key because the encryptions used by bitcoin wallet are really tough and secured.

Bitcoin is safe and more secure way of handling cash because there are no issue about hacking, its is imposible to hack your money because he has a password that he can not hack. bitcoin is safe when it comes to money

If you think that your bitcoin wallet is tightly secured then it is more secured way to handle cash. Plus you lose nothing when you are caught by thieves since your money is secured online.

i think they are reffering to private keys and not an actual public address because it is really possible too be hacked and emptied your balance if you carelessly input your private keys on some unkown websites or phising sites that is build to potentially scam users and steal their available balance but public addreses cant be hack because it is meant for public to be able to recieve coins from another users. also there were other cases like viruses, trojans and malwares that can also hack and steal you accounts personal info's therfor you must be extra cautious when dealling business online and much better if you can avoid those shaddy and unkown sites or files that are not trusted or officially verrified.

Bitcoin is defently a safer way of payment than handling cash. Having a big amount amount of cash on you attracts eyes to eyes towards you and put you in danger, while paying in bitcoin is safe and nobody can see how much money you got no matter how big the amount was.
For big payments, handing cash is better than paying with bitcoin because the taxes are a bit high, but, i rather pay the high transfer fees and be in total security, than paying cash and be in danger.

nope. I don't really think so. Holding cash will literally give you the security for it unlike in Bitcoin which is digital and is not even centralized or controlled by the government. it is indeed secured but since it is digital and everything is virtual, ofcourse there'll be still risks. So i think handling cash will be more secured.

Many people nowadays are trying to bring up fake news that doesn't makes sense at all. Many were also threatened about the value of bitcoin and how if's impacting the society. We know for real that bitcoin a secured crytocurrency that anyone can invest with.

Oh, Are you sure of that? Now tell me, which means of storing Bitcoin will be much safer? Ok k, like most of you would say – store it with paper wallet. Is paper wallet really that safe? Don’t you think someone runs risk by storing money on a piece of sheet? Let’s take for example, you live in a Houston before the Harvey, and unfortunately you went to work to come back and see your house flooded and the paper is gone, what will you do lol? Or maybe a similar thing happens, like rodents eating it up… bank is safe.

Handling cash is risky but there are some things that can be good effect when we handle it its easy to pay everything that we need to buy we can pay it already.But holding bitcoin is more safer  and secured because it will stay in our wallet and our pin code must be known by us.

yes bitcoin is very safe to save money into it, but I still hesitate to keep all the money I have into bitcoin, because the nature of bitcoin intangible, different from ordinary money we use everyday, but I think for bitcoin security is very nice and to be on guard i personally hold some of my money and partly save it on bitcoin,

if you doubt it better do not keep too much of your money into bitcoin. saving money into bitcoin is not easy, requires steadfastness and seriousness of yourself.

I think handling cash and using bitcoin both have their own merits and demerits. It is risky if you are carrying a big amount of money in form of cash, someone can steel the money from you. while using bitcoin if you have access to your internet connection then you can use your online wallet everywhere and in any time, but still there are chances that someone can hack our Wallet key, But i am hopeful that with the passage of time the security of online wallet will be becoming more stronger as compare to present time because bitcoin is the future of money and in future we can expect that people will be giving more preference to online online shopping and business using bitcoin and other crypto currencies.

In my own perception that nope,bitcoin is not more secured way of handling because its not regulated and if there's a  problem of your transaction you should not know where to claim your concerns, unlike in paper money its regulated and you can go to the  neareast banks and claims your concerns including your proof of transaction that you have  a exchange that today but there something  done wrong.Bitcoin is a digital currency and decentalized and if something mistake in your transaction you cannot claim your concerns to the exchange sites.

I don't think it is unsecured because it is the only payment system that has the capability to prevent double spending, it has other privacy related features which no fiat is able to offer and so i don't know what sort of security the powers that be are looking for? Bitcoin is secured if the users don't get reckless are are careful with their private keys.

Your saying is very ridiculous, Because Bitcoin is very secure. Because Bitcoin uses a Blockchain technology. And because of that technology, within 8 years of Bitcoin's existence, and thousands of transactions per day, I have not heard any news that "the account was hacked or stolen by just putting a certain address."

I dont think what you heard from the news is true. Should I say you only need the private key to access or steal your assets from your account, instead of a "certain address" that your talking about. If that news is true, then that specific person who steal from your account using ONLY your wallet address is a computer WIZARD. I know theres always a risk when you store your money online, not even the banks are safe from risks, but this is way too much for the hacker to stole something with the use of address.

for all i know bitcoin is very secured. and its up to a person who has an account of bitcoin. i must say we must be very careful in securing our account. no one can hacked bitcoin because it is definitely secured.

of course because its basic nature bitcoin is a digital currency whose transactions are transparent and bitcoin security is very good and good, bitcoin is the right choice for the security of digital currency.

When we think of it in a philosophical manner.. Most or all people know what cash is and bitcoin is only limited to a portion of or very small percentage of the population.. In that said,, few will target a bitcoin users than a fiat user.. So in personal knowledge the ignorance of others to bitcoin can also help the community secured they’re investments and holdings..

For me bitcoin is secured and safe than something else.Handling cash outside is risky ,there are some bad persons who wants to steal it,but in bitcoin as long nobody knows your password its been safe and secured fo all of us,I trust bitcoin for securing our money.This is a good choice due to decentralized and digital currency no one can hack it and scam it.

No, I don't think it is a more secure way to handle cash. In bitcoin there is no certainty, you are not sure how much money you will end up until the time you withdraw it.

Yea i agree with the idea of mate that handling cash in bitcoin is the most secure place then keeping cash in pocket or in home because now a days there are various ways of stealing and mostly news came about stealing while keeping money in BTC is most secure place and no one can steal your BTC.

This is Internet, and if you follow the safety rules of using Internet, you can secure your assets. For example, be attantive to avoid fishing sites. Add your wallet addresses to the browser bookmarks. Don't keep all youe assets in one wallet. Etc.

You mean digital currency right because if you say cash which is automatically refer to paper money, then you need to exchange it to digital currency or in bitcoin,

Yes it is more secure and easy to use wherever you are

Yes because since btc is accessed through an acc, then only you can access it. You need to secure your password too. It is more safe because nowadays, there are many people who have different styles of stealing and some are scams. Aside from that, keeping your cash even if it's a secured place for you, you can't truly assume that it's really secured and safe because even banks are being robbed.

That is fake,  the one who told you that was probably one of those guys who is always trying to spread fud.
Maybe it is not the best ways to hold cash, it would be 100 times more safer if you hold all those bitcoins in a paper wallet or just in a hardware one.

I really don't understand your questions dude. What certain address you mean? That is a fake news from my perspective. The only way you will able to steal bitcoin is that if you know that private keys on that bitcoin address. And its really hard to hack a private keys to begin with. So it's good thing that you ask around and don't believed anything you see or hear in the web right now, specially about bitcoins. Everyone is really riding the popularity of bitcoin such that they will write or post anything about it even if it is not true. And yes, bitcoin is more secured way of handling your money because you have total control over it if you have the private keys. And you have to secure your accounts with a strong password as well so that hackers will have a difficulty guessing it.

if I think personally, not because bitcoin prices are unstable, different from cash, if bitcoin for example the price of today is 230 million, not necessarily tomorrow its price will be same tomorrow may rise again or down, if cash if we today save 150 million, clear tomorrow its money will be equal to the number of yesterday that we save.

Bitcoin is much safer than holding cash, cash is easy to steal' bitcoin required a password to access your account and wallet,  just put a strong password ao the hacker of account theif cannot still it from you😊

I agree in this statement because if you have secured wallet for bitcoin it is safe rather than handling your money .Many people close to scammers, because they have money on hand but it will make difference when your money is in a more secured wallet and you know that your money can grow, but always remember that price of bitcoin has normal fluctuating process so you are required to consider it before making a move.

For me bitcoin is much secure than handling cash because in bitcoin we cannot get and get suddenly buy what we want than you have cash as always. It is just the same that you are saving your money for the future use and not in the sudden wants. So it is better, right? Then in bitcoin it is kinda an investment because you cannot purchase easily because you are thinking to earn and gain more. In my own case in cash I kept on buying and I do not mind anymore that I left few amount unlike in bitcoin I kept and spend it for what is need.

Yes for me and I also see that it is like the other bank that every month it has a increase rate but it also have a decreasing amount of price but sure it will increase that's why I push myself to put my money to bitcoin to increase my money.

Yes, bitcoin are more secured way of holding cash than the others like ATMs or having cash in your pocket. Before you open a crypto/bitcoin wallet, you must know the two important password unlike ATMs it is only one. In ATM you can easily withdraw cash but in bitcoin, you have to convert bitcoin into cash before you can withdraw it.

Bank will always give you interest and your amount will increasing every time but doo you think it will stay that way? Value of our money will not increasing everytime and this is going to happen, your money increasing but the value will keep on dropping because of market increasing. Yet if you adopt bitcoin into securing our cash, I think it has bigger options whether what to do with our coin because it can be changed to every coin that you want to

About your question in the title I would say yes. Bitcoin is a secure way of handling cash because it is decentralized and we have the full control of our funds with the help of private keys that will allow us to access whenever and wherever we want to make transactions. Don't be fooled by hearsay or FUD mate do your due deligence. Situational awareness helps you on everytime you arr going to make a transactions if you are in doubt, don't. But of course keep your private key in a safe place and you will never regret it believe me. Your Bitcoins will not be stolen if you are responsible for it's safety.

Of course!
Compared to cash, when holding it, we still have to keep our physical wallets carefully and thoroughly because someone might just snatch it from you, but in bitcoin, anytime/ anywhere you are safe to have it. Besides it is more convinient because it can be used as investment as well.

Exactly.And in my area,only few of us here knows bitcoin so well so no one would really dare stealing my account since they don't know the real value of bitcoin.Maybe if i will convert it to fiat money,there will be high chances that i will be snatched or robbed.And besides,i don't let anyone knows my private keys since it is very fragile and valuable for me.In the end,it's really up to the user how well did you handle your digital cash to avoid any bad incidents.

It is safe, generally speaking. However, there is always that security risk when pertaining to hacking because most of the transactions related to the cryptocurrency market is always using the internet. Unfortunately,  that is the same vehicles that hackers use to steal information or holdings to be used to their advantage. So as users, what we can do is to try to safeguard our holdings with every measure available.

I think all things are at risk, storing bitcoins online or physically has its own risks, if you keep bitcoin in the wallet of course there are risks like hackers who might be able to steal your data and password, if you keep your bitcoin in physical like paper money it might be stolen by someone, both equally risky, the most important is how you add security for it, because the wallet can become more secure than cash if you want to add like authentication in your wallet,,

Risk is found everywhere, but more the risk more will be the possibilities to make bigger money. For that perfect example is our bitcoin, because one who fear of losing can never make an earning from bitcoin. So for handling cash it needs to two factors need to be preferred equally, one is the convenience and second thing is the security.

Btc can be more secure if the user itself know how to handle his/her property properly. One must ensure to keep his/her privacy private. Must keep all tge information to his/herself and to let others know about it or it might leak.

Yes i agree on that I believe that bitcoin is more secure than handling a physical money or cash because cash can be perish on your pocket while bitcoin has a lot of private keys and password and if we are really prudent  and responsible enoughf to keep everything in a private way I think we can really secure things.

As long as you keep a good hold of your private keybthere is nothing to worry about. Make sure you keep your money away from exchanges and online wallet services, especially large amounts. I think in the long run cryptocurrency in general will prove to be a much better way of handling cash. I just got handed a scratched $50.00 bill the other day. It was a large change with bunch of bills and i was carrying my 1 year old and of course didnt notice. Went to pay for coffee this morning with the bill that is almost split apart and the clerk did not accept it. Only the bank took it. Cash is so outdated! To me it has become a dirty inconvenience.

Yeah, bitcoins so far was safe while there are some unsafe things that can be done in your own hands. I mean that improper handling or negligence as much as possible to be avoided. Having a safe wallet or bitcoin core wallet, hardware wallet and protecting your own funds from the hackers that is the main problems in a bitcoin wallet.

Well if your talking about private keys yes then can access your account and can steal.all.of your token. But starting for scratch they cant steal your money dude.  There are some riches or called whales. They use some tools to get a high security for them selves. Just be wise on how you use your private key. Stop wandering.

Actually as my own researching and knowledge about cryptocurrency,the best way to make secure your asset in your wallet,you must buy a nano ledger wallet,so that you have a security code that your the one who knows all your private key.hacking of your private key in exchanges trading site or in your MEW wallet they can do that,if they want interestedyour personal account thats why i dont like KYC because its can see your personal information and maybe someday its used against you ,but i trust the defense hacking  system of my trading exchanges site and my MEW as long as you follow there precaution so that we could victim of some phishing site.

Yes, it is more secure because Bitcoin has many security features like private keys and passwords. In order for others to steal it from you, they should steal also your private keys and password. Other than that, there is no way of hacking/stealing your digital money from you. Unlike cash, there is no security when you are handling it unless it is in the bank. Otherwise, cash is prone to steal because it doesn't have security features. Once someone got your money, they can have it as if it is theirs.

Many people are holding bitcoin then anyone cannot tried to steal it because of secured way of banking of btc as long as you don't give your private key to your adress then your secured but if theres someone that know your private key you should be more concerned about it.

Yeah it is precisely today more secure to save money in digital form dude, because cash can easily lost and stolen, whereas when you use digital / virtual money. it's hard for someone to steal it from you. just like bitcoin, I think bitcoin is pretty safe by storing it in the wallet. you just need to add security in your wallet like 2fa and it's was very safe, without needing handling it into cash

I think bitcoin is safer to hold than cash beacuse, you dont have to bring physical money on you when you want to purchase something. Also it will prevent other from steeling you because they will not get any physical money on you. Also you are the only one who knows your pin so they will not have any access on how much you have.

bitcoin itself is secure as long as we can keep the private keys and we don't have to carry cash because, with bitcoin, I am sure that we could still spend the money to buy anything. we can move the bitcoin from the wallet to physical wallet like trezor to give protection from a thief. besides that, we could feel safe when we want to go into other places because we don't have to carry a big money with a big wallet but we only need one wallet which we could use an android phone or physical hardware like trezor to safe our bitcoin.

Risk of losing your money or bitcoin is always there either you are holding bitcoin or cash, because hackers are always there whose duty is only to have the accounts and take bitcoins from them. but through different safety ways we can make our bitcoin more safer. We should keep our key always safe and should not share it to anyone and should also  use double factors authorization.

I think in the present time it is necessary to double care especially when you go somewhere especially crowded place because were many people losing money  .In this event more safe to use btc wallet than cash because cash is easy steal if not very careful and only you need to bring a exact amount.Compare to btc wallet you can bring all your bitcoin you will not afraid to lost it even you have a million bitcoin.

Yes it is! Your income in bitcoin can be keep in a secured and safe wallet and it will not take away from you as long as you are the only one who knows your private key. You can go shopping and any places you want without bringing a fiat money but using your phone only ( digital money ). Just be careful in giving your private key or else all your income will be gone like a bubble.

Once a hacker always a hacker. They will make a way when there seems to be no way, so be careful. But in my opinion, bitcoin is still more secured way of handling cash.

The fact that bitcoins is more safer to keep money then you must be not confident at all like what you say a hacker always a hacker and in online the security is the problem anyone can do a theft as fast and unknown. Having both is much good don't rely in only one.

At least apply yor source with in your post op.
Yes bitcoin is secured if your wallet is secured as well.There are different type of wallets and every individual has their own private to it.It is hard to steal an account to a person unless you have its private key.You don't to ask if bitcoin is safe because it is us who handle it.

I have noticed that there are reports about bitcoin accounts being hacked. Security is always a concern anywhere on the internet. Even the strongest most depended government sites are also reportedly hacked. So no matter how safe transactions are hacking is always the main problem. I believe bitcoin is really safe.  The only thing that makes it unsafe is our failure to make every info safe and secure. We often click on links not thinking that these might carry the viruses or malware or perhaps we didn't log out accounts such that someone will then see it. Perhaps we need to educate ourselves even more.

you are right and I agree with you. we have our way to secure our bitcoin so we can prevent the hacker from stolen our bitcoin. and if we can place in at the safest place, we can be sure to secure it from other people so they cannot steal our bitcoin. we don't have to tell other people how much bitcoin we have because bitcoin is a private for us and only we that will know how much the amount and only we that will use our bitcoin.

There are proper way to secure you money. If we talk about bitcoin in holding money, we can say that it your choose because in bitcoin there many wallet to choose and its legit wallet to deposit your many. Like mine Im using coins.ph to hold my money and BTC. Many of my friends are using coins.ph because you can choose where you can put your money either BTC or ETH.

I also think that bitcoin is secured. We all know that bitcoin have many bad features which make us get worried, you may afraid of being losing  by hackers,scammers and the like. What’s more, it’s really risky for you to hold bitcoin in your wallet online, even how careful you do with private key, hackers can stole from you because they are very flexible and intelligent. I advise you to put your coins into cold wallet, it can help you a lot in keeping away from hacker and protect your coin surely.

Yes because you can refrain from bringing a lot of money in you pocket which makes it to look bulky and the thieves could easily detect. However, bitcoin is not a real currency though sometimes it is refer to as a digital currency yet bitcoin is considered as an asset or investment. And the good thing that bitcoin has the good thing to offer is that it could also be work as like a bank wherein you can store your money in a form of bitcoin and hold it then it will profit you if you are smart enough to do holding and selling bitcoin. So bitcoin is a good offer and we have to share it to all the people around the world so that bitcoin investment will grow and its price also will grow depending on how much the people invested in it.

It's not only about bitcoin or eth where you have decided to put your money but its also about the wallet you are using. Don't be confident with the safeness of an exchange, you better understand that you don't hold the private keys by entrusting those exchanges. There are many free desktop wallets or you can also use and buy a hardware wallet if its about keeping your coins. For someone that is wise enough, he will not trust most of his coins to an exchange, backdoor hacking and brute forcing is happening. Just like what happened to me, I registered to an exchange and after weeks, there is someone that is trying to access my account with incorrect passwords.

I have seen that there are reports about bitcoin accounts being hacked. Security is dependably a worry anyplace on the web. Indeed, even the most grounded most depended government destinations are likewise allegedly hacked. So regardless of how safe exchanges are hacking is dependably the principle issue. I trust bitcoin is extremely protected. The main thing that makes it hazardous is our inability to make each data protected and secure. We regularly tap on joins not believing that these might convey the infections or malware or maybe we didn't log out records with the end goal that somebody will then observe it. Maybe we have to instruct ourselves significantly more.