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Author Topic: how strong is bitcoin really?  (Read 53099 times)
BitMaxz
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September 17, 2016, 09:13:45 PM
 #281

bitcoin is way stronger than any fiat to be honest, i think it is the strongest currency ever because it is unhackable and it is going to grow
Well maybe but for me its still not a stronger than other fiat bitcoins still consider as alternative currency online that we can use for paying services buying stuff or use in trading that you can increase the amount.. yeah its not so hackable but we are experience of hacking in other exchange site..
Bitcoin is growing but it takes a long time before we can see more stores are accepting bitcoin .

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September 17, 2016, 09:34:06 PM
 #282

bitcoin is way stronger than any fiat to be honest, i think it is the strongest currency ever because it is unhackable and it is going to grow
Well maybe but for me its still not a stronger than other fiat bitcoins still consider as alternative currency online that we can use for paying services buying stuff or use in trading that you can increase the amount.. yeah its not so hackable but we are experience of hacking in other exchange site..
Bitcoin is growing but it takes a long time before we can see more stores are accepting bitcoin .


Its 100% way stronger than fiat just on the fact that there is a limited amount of bitcoin
and with fiat it just takes a printing press. As far as hacking it or getting control of the network.
there is a lot in place for that not to happen.

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September 17, 2016, 09:44:18 PM
 #283

Maybe we can consider that bitcoin is really strong , just because of its amazing features as well as the strong and high demand on market . Imagine for how many years it's still has a leading value .
Bitcoin is strong because it is more valuable than gold and still within the reach of a common man like me.I cannot afford to buy gold or any other valuable metal for future but I can earn bitcoin and become richer when its price go up

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September 18, 2016, 12:01:14 PM
 #284

I don't know Much about butcoin security. but I know a few thing that bitcoin wasn't got any major security breach until this time. And bitcoin is still appear it self being a strongest crypto currency. That's one of the reason why I love bitcoin. Is someone can steal bitcoin in wallet?
yes there is no doubt about this bitcoin is really too strong and getting more stronger and stronger as time pass because more and more people are entering in the world of bitcoin and investing their assets here so it is becoming the world number one crypto currency and hope tat in future all the people of the world will be using bitcoin instead of fiat currency.
pinkpanther03
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September 18, 2016, 01:18:10 PM
 #285

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

When bitcoin users daily is growing and same thing with the investors also increasing everyday, therefore it shows the more community you build is  the more stronger you became that's the status of bitcoin now its really strong.

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September 18, 2016, 02:14:46 PM
 #286

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
Did not trust the Internet and wallets better to keep on your desktop. Maybe passwords need to be changed constantly, because guess the password is not so easy but still possible.
yopix
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September 18, 2016, 02:35:36 PM
 #287

It's secure but one day the network may not be stable.

btc_777
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September 18, 2016, 04:47:42 PM
 #288

the likelihood of cracking the key 1: 10000000000000 ... etc
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September 18, 2016, 04:53:40 PM
 #289

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

So you have a few different way of asking this.

1) How strong are the Bitcoin wallets?

2) How strong is the Bitcoin network?

3) How strong is the Bitcoin network effect?

1) How strong are the Bitcoin wallets?
Very strong, but if your password is weak and someone is on your PC they may be able to crack the password. More likely a malware will sniff your keystrokes and steal your coins.
The wallet is strong, most of the time the computing environment is not.
Look into hardware wallets asap.

2) How strong is the Bitcoin network?
Most certainly one of the strongest chains out there, although ASIC/China mining centralisation is worrying.

3) How strong is the Bitcoin network effect?
Network effect is the social effect, the popularity of a coin.
This one is very strong, even coins that are far more advanced pale in comparison to Bitcoins network effect.
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September 19, 2016, 06:27:49 PM
 #290

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
Did not trust the Internet and wallets better to keep on your desktop. Maybe passwords need to be changed constantly, because guess the password is not so easy but still possible.

If you change the password constantly, you need to keep a good record of that. If you forget, you will lose money.

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Dite1989
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September 19, 2016, 07:05:10 PM
 #291

Your friend's argument fails at where he said he could calculate bets. In betting, you could do fine research and base a good guess on it, but you can't be sure. You also may be able to tell some information about a wallet or transaction that helps you get user access to it, but you won't be able to "crack" the bitcoins from it.

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Oppolee
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September 19, 2016, 07:33:13 PM
 #292

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
Hack purse is very difficult especially if you frequently change passwords. We need constant access to the purse. If the purse is on a flash drive or on the application, it is even more difficult. Although it is still possible there. But it must be a very interesting person to draw so much attention.
PsursV
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September 19, 2016, 09:51:21 PM
 #293

It's secure but one day the network may not be stable.
but i have that as the time pass it is going to become more and more stable because more and more people are entering in the world of bitcoin and making it more stable and more powerful therefore i can say that bitcoin is really becoming more and more stronger day by day.
pearnapple
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September 19, 2016, 11:58:13 PM
 #294

the likelihood of cracking the key 1: 10000000000000 ... etc
pff the possibility to hack it is even lower, to be honest it is impossible to do that right now, thats why bitcoins is so good

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September 20, 2016, 03:15:19 AM
 #295

the likelihood of cracking the key 1: 10000000000000 ... etc
pff the possibility to hack it is even lower, to be honest it is impossible to do that right now, thats why bitcoins is so good

I have see the advertisement here in the forum that bitcoin is really secured and the network of bitcoin are really hard to be hacked. So I believe that bitcoin is really strong, so that is why I am trusting bitcoin and keep on using bitcoin because I am confident that bitcoin is really secure at all. The security of the exchange websites that are holding big bitcoins are just doubtful to believe that they are strong.

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Skarner21
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September 20, 2016, 04:30:40 AM
 #296

the likelihood of cracking the key 1: 10000000000000 ... etc
pff the possibility to hack it is even lower, to be honest it is impossible to do that right now, thats why bitcoins is so good

I have see the advertisement here in the forum that bitcoin is really secured and the network of bitcoin are really hard to be hacked. So I believe that bitcoin is really strong, so that is why I am trusting bitcoin and keep on using bitcoin because I am confident that bitcoin is really secure at all. The security of the exchange websites that are holding big bitcoins are just doubtful to believe that they are strong.
Who made bitcoin? bitcoin made by human and who is hackers.. they are human so it can be still hack everything can be hack if they have huge knowledge about hacking.. everything is possible.. but as of now they are still not hack the bitcoin network.. for now maybe in the future we will seen that bitcoin will goes down because of this.

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September 20, 2016, 09:16:22 AM
 #297

the likelihood of cracking the key 1: 10000000000000 ... etc
pff the possibility to hack it is even lower, to be honest it is impossible to do that right now, thats why bitcoins is so good

I have see the advertisement here in the forum that bitcoin is really secured and the network of bitcoin are really hard to be hacked. So I believe that bitcoin is really strong, so that is why I am trusting bitcoin and keep on using bitcoin because I am confident that bitcoin is really secure at all. The security of the exchange websites that are holding big bitcoins are just doubtful to believe that they are strong.
Who made bitcoin? bitcoin made by human and who is hackers.. they are human so it can be still hack everything can be hack if they have huge knowledge about hacking.. everything is possible.. but as of now they are still not hack the bitcoin network.. for now maybe in the future we will seen that bitcoin will goes down because of this.

This logic is flawed, absolutely. Atoms are made by nature, but does it mean that humans can't split them? Ernest Rutherford was the fist human to do just that almost a century ago (in 1917). Conversely, a one-way function is a product of human mind and more power to you in calculating the multiplicand of the product with the multiplier being zero (the ultimate one-way function).
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September 20, 2016, 09:29:38 AM
 #298

the likelihood of cracking the key 1: 10000000000000 ... etc
pff the possibility to hack it is even lower, to be honest it is impossible to do that right now, thats why bitcoins is so good

I have see the advertisement here in the forum that bitcoin is really secured and the network of bitcoin are really hard to be hacked. So I believe that bitcoin is really strong, so that is why I am trusting bitcoin and keep on using bitcoin because I am confident that bitcoin is really secure at all. The security of the exchange websites that are holding big bitcoins are just doubtful to believe that they are strong.
Who made bitcoin? bitcoin made by human and who is hackers.. they are human so it can be still hack everything can be hack if they have huge knowledge about hacking.. everything is possible.. but as of now they are still not hack the bitcoin network.. for now maybe in the future we will seen that bitcoin will goes down because of this.

It won't be easy to bitcoin network and to develop that technology I think it will take long time, I have heard somewhere that with quantum computing you can hack bitcoin network but to that happen it will take more then 20 years.
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September 20, 2016, 09:55:15 AM
 #299

The bitcoin is very strong, so I think that it will exist long and that the price also will not fall apart any time soon, the bitcoin even gets more stable.
I think the bitcoin got a very good future a head and that it will rise to a higher amount soon or later.
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September 20, 2016, 10:04:57 AM
 #300

The bitcoin is very strong, so I think that it will exist long and that the price also will not fall apart any time soon, the bitcoin even gets more stable.
I think the bitcoin got a very good future a head and that it will rise to a higher amount soon or later.

That is good that you are predicting in a positive way and that is the things need by bitcoin we need to be positive and continue to support bitcoin for its stable life and also price will still in higher amount that will gives us wealth in the future.

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