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Author Topic: how strong is bitcoin really?  (Read 54910 times)
DOGE12321
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September 02, 2016, 12:19:03 AM
 #121

I think that your friend may be living in an illusion. If you could predict the outcome of a bet, then casinos wouldn't be still alive. They would all be broke!

Anyway, Bitcoin hasn't had a major security breach in its 7-year life. I think that Bitcoin is probably at its strongest point in its life. It would be very hard to hack such an ingenious system. (Unless you are Satoshi Nakamoto) Wink.

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September 02, 2016, 12:27:25 AM
 #122

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great.
of course bitcoin has a huge security, to be honest it is impossible to be hacked and it means that it will be around for a really long time
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September 02, 2016, 12:38:14 AM
 #123

Bitcoin is the strongest crypto currency currently in use I also believe that bitcoin is stronger than another fiat currencies currently in circulation.

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September 02, 2016, 01:04:57 AM
 #124

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Your friend doesnt know what he is talking about, maybe he can predict the results into some gambling websites, but bitcoin code its another level, and cant be controled, the hash protect bitcoins, thats why there is no way to any hacker try it. If were something easy to predict your friend would be rich and not just talking, nerds wont waste their time to guess the results at gambling, they will make their own project.
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September 02, 2016, 01:18:52 AM
 #125

tell your friend to wake up.

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September 02, 2016, 01:30:46 AM
 #126

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I can say that Bitcoin now is strong, It is because it has a big community now all over the world. it maybe few countries adopting it, but it is not a joke to build a Bitcoin community in each country, and its not a joke that everyday there is people investing or buying bitcoin everyday in different exchange platform also join in bitcoin talk forum. So with this things anyhow we will see how strong bitcoin is now.

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September 02, 2016, 01:35:32 AM
 #127

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Your friend doesnt know what he is talking about, maybe he can predict the results into some gambling websites, but bitcoin code its another level, and cant be controled, the hash protect bitcoins, thats why there is no way to any hacker try it. If were something easy to predict your friend would be rich and not just talking, nerds wont waste their time to guess the results at gambling, they will make their own project.
Yes bitcoin is relatively safe to use and the target of hackers is the bitcoin users which is where a lot of rumors, say that bitcoin is not safe because it is easy to be hacked.

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September 02, 2016, 01:54:02 AM
 #128

Probably bitcoin is the strongest cryptocurrency till now and I hope that it will remain in its position. With such a huge market cape and popularity bitcoin rocked the world of cryptocurrency.
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September 02, 2016, 01:58:41 AM
 #129

With the latest technologies appearing, I would say Bitcoin has a great, great potential. I only wish everywhere around the world you could pay with Bitcoin and see 'BITCOIN ACCEPTED HERE' signs like there are with PayPal or Visa. It's becoming stronger and stronger because people keep coming into this business so we're building right now a huge community.
you are right, bitcoins are going to become only bigger and bigger in my opinion, it might even replace the usd at some point in the future like in a few decades

It may not replace usd completely in future but usd will definitely get tough competition from bitcoin and many users will prefer to use bitcoin in compare to fiat.
But I do not believe if the fiat will get a tough competition by bitcoin because for the purely and the important reason in this time bitcoin is made for the online payment and there is no implementation for minting bitcoin in a real life. and for the next, whether the bitcoin will having their own value in the next period or future?

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September 02, 2016, 02:18:42 PM
 #130

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great.
of course it has a really strong security, in my opinion the price of the bitcoin is going to grow because of that because more people will be into it


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September 02, 2016, 02:34:50 PM
 #131

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great.
of course it has a really strong security, in my opinion the price of the bitcoin is going to grow because of that because more people will be into it

Price of bitcoin will go higher in future if adoption goes higher and that is likely to happen as more and more people and businesses are getting into bitcoin so it will be more stronger currency in future.
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September 02, 2016, 03:32:32 PM
 #132

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great.
of course bitcoin is really strong and the security of it is impossible to bear, i think that bitcoin is going to be even stronger with time

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September 02, 2016, 03:35:54 PM
 #133

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great.
of course bitcoin is really strong and the security of it is impossible to bear, i think that bitcoin is going to be even stronger with time

Yeah it will become more stronger in future and we will see more development in it and it will be not only strong in security measures but it will also be an stronger currency.
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September 02, 2016, 04:26:41 PM
 #134

I believe that Bitcoin is the strongest among the available cryptocurrencies, at least when compared to the ones that I know. You can see that untill now the competition has a lot of hype, but in terms of stability Bitcoin has demonstrated a better performance.
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September 02, 2016, 04:37:32 PM
 #135

I believe that Bitcoin is the strongest among the available cryptocurrencies, at least when compared to the ones that I know. You can see that untill now the competition has a lot of hype, but in terms of stability Bitcoin has demonstrated a better performance.

Yes and bitcoin is really best and strongest crypto currency but we cannot say that it can take place of any fiat in future as paper money is more stronger in compare to bitcoins.
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September 02, 2016, 04:38:50 PM
 #136

Probably bitcoin is the strongest cryptocurrency till now and I hope that it will remain in its position. With such a huge market cape and popularity bitcoin rocked the world of cryptocurrency.

The whole world of cryptocurrencies is totally dependent on bitcoin right now because all the traders or investors are using other coins just because of bitcoin, you wont find a lot of people trading other coins against USD or any other currency but they mostly trade them against bitcoin because they know it is the king of coins.


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September 03, 2016, 06:34:11 AM
 #137

To give you an idea of the bitcoin strength, look at the charts to see how fast it recovered after the last hack, involving bitfinex.
As you can see, it remained quite stable after the recovery.

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September 03, 2016, 06:40:51 AM
 #138

Probably bitcoin is the strongest cryptocurrency till now and I hope that it will remain in its position. With such a huge market cape and popularity bitcoin rocked the world of cryptocurrency.

Im sure techincally it is pretty strong and getting stronger, that is great news. What is a little frustrating is the speed of the bitcoin revolution is taking some time, we really need super huge market caps if we are going to change the world in our life times.
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September 03, 2016, 07:41:49 AM
 #139

Bitcoin is really very strong currency and its very stronger security and i do not think that anyone can hack bitcoin because bitcoin have too  heavy security and there is a large number of people hold it bitcoin in huge amount and they save it without worry they know that bitcoin have strong security.
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September 03, 2016, 09:25:15 AM
 #140

Pretty strong and persistent I would say, There where many attacks and negative criticism on bitcoin from as soon as it started till now and it had easily maintained it's status and kept growing up until now, Bitcoin fills a need for the users and I think it would persist as long as it keeps doing that.
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