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Author Topic: how strong is bitcoin really?  (Read 54838 times)
Bitcoinsummoner
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November 12, 2016, 05:55:56 PM
 #541

Nobody is safe even the FIAT money I think but for me Bitcoin is more safer than FIAT in terms of robbery, so in short nothing is safe it's just how you can safe it.

Bitcoin is growing very solid and the indicators are showing very soon it's going to the moon. Fiat is old method but bitcoin is more safer and advanced to pay there.

Yes indeed and bitcoin is going really strong. With $11,418,847,704 market capitalization, thats huge. We are speaking here in billions and those who trust bitcoin, do not want it to become waste. All of us makes this cryptocurrency strong.
yes that is a fact that bitcoin is becoming more and more stronger that its previous position because people are investing their assets in bitcoin, hope that in future bitcoin will be more stronger and all the people of the world will be using bitcoin both for investment as we as for shopping.
Bitcoin is stronger but it needs more adoption more stores and shop should accept bitcoin as payment. and i think this coming year we will see more stores will accept bitcoin as payment that can effect more investors will invest in bitcoin..
If amazon will accept bitcoin someday bitcoin be more stronger in the future..

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November 13, 2016, 01:01:18 AM
 #542

Yeah I hacked into FBI with my laptop's calculator more than once, even hacked an Iphone lock same way.
Bitcoin has nothing to do with wallets security, people should safeguard their wallets, it's not bitcoin's fault if someone gets hacked.

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November 13, 2016, 02:09:34 AM
 #543

Yeah I hacked into FBI with my laptop's calculator more than once, even hacked an Iphone lock same way.
Bitcoin has nothing to do with wallets security, people should safeguard their wallets, it's not bitcoin's fault if someone gets hacked.
It's fair not to blame bitcoin for your loses specially under your negligence, the overall system is safe but when to safeguard our assets, that's already the main responsibility of the owners. There's a lot of security online to improve the security of your wallet, you can grab them.

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November 13, 2016, 02:14:22 AM
 #544

Hello there!

Well for me, I would say bitcoin has been really very strong in the last one year or so.Now we see bitcoin being accepted as a means of payment in most of the online shopping or exchange sites.Like we seen in neteller we can now deposit with bitcoins,and now can also exchange with other currencies as well.

Regards.
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November 13, 2016, 02:48:15 AM
 #545

Hello there!

Well for me, I would say bitcoin has been really very strong in the last one year or so.Now we see bitcoin being accepted as a means of payment in most of the online shopping or exchange sites.Like we seen in neteller we can now deposit with bitcoins,and now can also exchange with other currencies as well.

Regards.

Yes, this change is getting momentum and now Neteller has started accepting bitcoin as a payment method. I believe that the day is not far away when paypal or amazon will accept bitcoin because everyone (majority) will be using bitcoin in next 10 years and we are going to see ‘bitcoin accepted here’ boards all over the world.

Bitcoin is getting strong day by day and to contribute to this growth we must spend at least 5 to 10% of our holdings on regular basis.

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November 13, 2016, 03:12:42 AM
 #546

Bitcoin has very strong security but there are always ways to steal your coins, for example key logger virus, wallets with a malicious code, even old time stealing could pose a threat if someone stole your computer or your hardware wallet with your bitcoin.
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November 13, 2016, 06:22:59 AM
 #547

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

What kind of gambling formula your friend can predict?

I think your friend must be rich right now with gambling or at least winning good ammounts Tongue

I never saw someone hacked here, just exchanges and well, exchange isn't wallet and you can't compare an exchange security with bitcoin security...

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November 13, 2016, 07:11:41 AM
 #548

Bitcoin is really strong even it's security. In my opinion no one can hack another people's bitcoin wallet that easily. It can only be hacked IMO by using a virus, keylogger, etc that can record or steal files but it is so hard to do since antivirus detects it. Because of it, bitcoin's security is solid, unless the user does not care a thing about his/her pc's security. If the user cares a thing about his/her pc's security, it is hard to hack and enter someone's bitcoin wallet.
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November 13, 2016, 07:23:19 AM
 #549

Yeah I hacked into FBI with my laptop's calculator more than once, even hacked an Iphone lock same way.
Bitcoin has nothing to do with wallets security, people should safeguard their wallets, it's not bitcoin's fault if someone gets hacked.

Bitcoin obviously does not have anything to do with the losses of the people using it, because bitcoin itself is strong but securing the wallets is the work of its users but not of bitcoin, we should know securing ourselves and we are not supposed to blame the coin for any loss we get.


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November 13, 2016, 01:51:21 PM
 #550

Yeah I hacked into FBI with my laptop's calculator more than once, even hacked an Iphone lock same way.
Bitcoin has nothing to do with wallets security, people should safeguard their wallets, it's not bitcoin's fault if someone gets hacked.

Bitcoin obviously does not have anything to do with the losses of the people using it, because bitcoin itself is strong but securing the wallets is the work of its users but not of bitcoin, we should know securing ourselves and we are not supposed to blame the coin for any loss we get.
'

Yeah, it's not bad to use bitcoin. because it safeguards or security system that existed in the bitcoin is absolutely safe and all hackers can not interfere with the security of the bitcoin, because it has a very good level of security. so indeed all the things that make people lose out is to keep the Fund in the wrong place and not secure email that is used

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November 18, 2016, 07:46:13 PM
 #551

If Bitcoin becomes weak, the price for it does not become a stable. After the last drop, and then because of hacking interventions, level of bitcoin bit crawled, but it was not his fault at all. Perhaps if it were not these problems, then the price has already exceeded $ 1k for btc.
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November 18, 2016, 07:58:33 PM
 #552

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

What kind of gambling formula your friend can predict?

I think your friend must be rich right now with gambling or at least winning good ammounts Tongue

I never saw someone hacked here, just exchanges and well, exchange isn't wallet and you can't compare an exchange security with bitcoin security...
Why answer on something like this?
You can never beat the house edge with gambling in the long term .

There is no such thing as a winning gambling formula.


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November 18, 2016, 10:13:07 PM
 #553

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

What kind of gambling formula your friend can predict?

I think your friend must be rich right now with gambling or at least winning good ammounts Tongue

I never saw someone hacked here, just exchanges and well, exchange isn't wallet and you can't compare an exchange security with bitcoin security...
Why answer on something like this?
You can never beat the house edge with gambling in the long term .

There is no such thing as a winning gambling formula.
This must be either too self- confidence or be suicide to go again and again to gamble in the hope of winning big money. It is a utopia, and nothing can be done about it.
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November 19, 2016, 01:02:24 PM
 #554

For currency exchange rate which is characteristic volatility, Bitcoin has been remarkably stable against the US dollar over the past few months, while in the range of $ 650- $ 750. This, of course, not very upset those who just hoped to cash in on Bitcoin trading.
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November 19, 2016, 01:25:06 PM
 #555

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

There quite be a chance that it might get hacked but not as that easy as your telling it requires lot of analyzation and lots of ideas on bitcoin world. There might be a chnce be hacked by calculating the possibility is as small as ants.



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November 19, 2016, 01:27:16 PM
 #556

For currency exchange rate which is characteristic volatility, Bitcoin has been remarkably stable against the US dollar over the past few months, while in the range of $ 650- $ 750. This, of course, not very upset those who just hoped to cash in on Bitcoin trading.

The volatility of Bitcoin in this range equals roughly 15% which should be pretty rewarding for the majority of traders. Though I don't think that it will continue moving inside these levels in the future indefinitely. It will either crash down below 650, its current support level, or will break through the resistance at 750, quite close to what Bitcoin price is currently at (I am looking at Coinbase quotes)...

And all points to Bitcoin further growth, at least to 800 dollars per bitcoin (another strong resistance level)

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November 19, 2016, 01:31:18 PM
 #557

security and quality of privacy bitcoin is absolutely secure. we do not have to worry when we still had important access to bitcoin. many people using bitcoin interested for a very strong security.

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Daniel91
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November 19, 2016, 02:01:29 PM
 #558

We still can't say that Bitcoin is strong enough.
We are nit mainstream yet, and not even main online payment method.
Paypal is still no. 1 for the most merchants.
I think that many of them don't like fact that BTC price change so often.
In my country I can spend Bitcoin offline only in a few places.
So, I can just keep my BTC funds in the wallet, exchange or spend online.
We need more offline merchants supporting Bitcoin and more users.


gufpmvgw3334
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November 19, 2016, 02:04:12 PM
 #559

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.
Bitcoin provide people the chance off having total control of their own money without having to rely in third parties.
And now bitcoin can easily be used on the internet!
So now more and more people usebitcoin!
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November 19, 2016, 02:41:25 PM
 #560

I would believe if your friend told you that bitcoin can be hack, but to hack the bets in gambling sites by just a calculator? I think that is impossible. There a lot of codes that is being generated by the code generator that changes the winning pattern on every gambling site, so the possibility that your friend that can hack the bets on bitcoin casinos are only 0.00000001 percent.

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