isoneguy
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April 17, 2017, 12:53:01 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way.
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msarro
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 12:55:06 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins.
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Ipwich
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 01:02:38 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins. It's good to save but save what you can afford only, there is a big potential the value will increase and if you are willing to bet on that potential, you should start investing now. What good with bitcoin is the return is awesome, you are guaranteed a minimum of 100% a year if you invest based on trend only.
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dwieyani
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 01:08:13 PM |
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I know that bitcoin is very strong compared to the other right and each get from bitcoin say directly store in the wallet that has been provided.
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abstractednerve
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 04:34:23 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins. It's good to save but save what you can afford only, there is a big potential the value will increase and if you are willing to bet on that potential, you should start investing now. What good with bitcoin is the return is awesome, you are guaranteed a minimum of 100% a year if you invest based on trend only. That's right and bitcoin is getting stronger and stronger day by day so if we can hold it for a long term then I think we can afford to invest in it even at current rate as the price in next year would be surely higher then what we are seeing at a moment.
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mrcash02
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 04:41:12 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins. It's good to save but save what you can afford only, there is a big potential the value will increase and if you are willing to bet on that potential, you should start investing now. What good with bitcoin is the return is awesome, you are guaranteed a minimum of 100% a year if you invest based on trend only. That's right and bitcoin is getting stronger and stronger day by day so if we can hold it for a long term then I think we can afford to invest in it even at current rate as the price in next year would be surely higher then what we are seeing at a moment. Most probable to have a big increase on BTC price since now until the next year, maybe we can hit nice values like $2000 or $3000. It's always time to buy Bitcoins, the price is always becoming bigger on long term, so you don't need to worry if it's pricing $1200 now, what is a good amount, but it will become even better. It's the most safe profit on the Crypto Currency world.
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fullypak
Legendary
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Activity: 1456
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April 17, 2017, 05:38:40 PM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins. It's good to save but save what you can afford only, there is a big potential the value will increase and if you are willing to bet on that potential, you should start investing now. What good with bitcoin is the return is awesome, you are guaranteed a minimum of 100% a year if you invest based on trend only. That's right and bitcoin is getting stronger and stronger day by day so if we can hold it for a long term then I think we can afford to invest in it even at current rate as the price in next year would be surely higher then what we are seeing at a moment. Most probable to have a big increase on BTC price since now until the next year, maybe we can hit nice values like $2000 or $3000. It's always time to buy Bitcoins, the price is always becoming bigger on long term, so you don't need to worry if it's pricing $1200 now, what is a good amount, but it will become even better. It's the most safe profit on the Crypto Currency world. You are expectation too high 3000$ do you think it is possible? I don't believe it is possible. Maybe the price will hit 2000$, but it takes more time to hit $3k. just check last year price and present price it almost double. So I think it may cross 2000$ but not reach $3k. But investing on Bitcoin will give goo profit.
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gracia0023
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 02:18:07 AM |
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The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they do not put their money in one wallet, they diversify it. I don't even bother hodling anymore...just spend it immediately. Minimal risk that way. Smart, you minimized the risk but unwise because you also minimized your profit. It is still smart to hold some coins so that if bitcoin's value increased then you gained more. And as a matter of fact, risk is directly proportional to profit, the higher the risk, the higher the profit. This can also be the opposite, the higher risk may also lead to a catastrophic loss.
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virasog
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Leading Crypto Sports Betting & Casino Platform
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April 18, 2017, 06:49:07 AM |
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bitcoin is built with a strong foundation and system comes with strong security so it is not easy for a thief to take over, the current weakness in bitcoin as possible about legality
Bitcoin, our number one crypto currency is safe without the government supervision I guess, they cannot control the movement of its value. Govt. will have to accept it one day, even though they do not like it currently. I agree with you, this is why government cannot accept bitcoin in each country because they cannot and never take over the power of holding bitcoin in the world, and they cannot count on how many transaction made in their country and for sure they cannot even get any money from it because of its very secure and no taxes on it.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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FeelingVER
Newbie
Offline
Activity: 30
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April 18, 2017, 07:29:45 AM |
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bitcoin is built with a strong foundation and system comes with strong security so it is not easy for a thief to take over, the current weakness in bitcoin as possible about legality
Bitcoin, our number one crypto currency is safe without the government supervision I guess, they cannot control the movement of its value. Govt. will have to accept it one day, even though they do not like it currently. I agree with you, this is why government cannot accept bitcoin in each country because they cannot and never take over the power of holding bitcoin in the world, and they cannot count on how many transaction made in their country and for sure they cannot even get any money from it because of its very secure and no taxes on it. Despite the fact that the government does not want to legalize bitcoin, it gets stronger every day. This can be determined by its price - it goes steadily upwards. And if it falls, it quickly recovers
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gribble
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April 18, 2017, 07:35:03 AM |
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Bitcoin is stronger than couples years ago, we can see the price of bitcoin is stable right now the peoples doesn't fear made investments into bitcoin, also bitcoin has large capitalization of marketcap be compared with other crypto coins so bitcoin will growing up by the time because of many people adopt bitcoin.
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DoublerHunter
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April 18, 2017, 12:18:02 PM |
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Bitcoin is stronger than couples years ago, we can see the price of bitcoin is stable right now the peoples doesn't fear made investments into bitcoin, also bitcoin has large capitalization of marketcap be compared with other crypto coins so bitcoin will growing up by the time because of many people adopt bitcoin.
Bitcoin is really strong and stable in the market because of the reputation that has been built since the first day of bitcoin until now, investors are keep growing and also the volume and the price has no limits and it always goes up to the moon and soon we will see bitcoin that is already accepted and after that we can say that bitcoin is so strong and nothing can stop it.
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soul-impact
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 12:43:40 PM |
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Bitcoin is stronger than couples years ago, we can see the price of bitcoin is stable right now the peoples doesn't fear made investments into bitcoin, also bitcoin has large capitalization of marketcap be compared with other crypto coins so bitcoin will growing up by the time because of many people adopt bitcoin.
Bitcoin is really strong and stable in the market because of the reputation that has been built since the first day of bitcoin until now, investors are keep growing and also the volume and the price has no limits and it always goes up to the moon and soon we will see bitcoin that is already accepted and after that we can say that bitcoin is so strong and nothing can stop it. Bitcoin can grow continuously, but its value is always limited to a stable level, it can only change slowly and slowly. There will not be any unexpected changes, because many of the big countries in the world accept bitcoin, they manage it and see it as part of the economy, so they always adjust it. To the extent appropriate to not cause consequences for the economy.
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Roboabhishek
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April 18, 2017, 12:46:17 PM |
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As far as I know bitcoin is a secure way to send payments and there's no way that a tx can be traced unless you are using 1 address for all of your transactions.
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jems
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April 18, 2017, 12:57:29 PM |
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I think your friend read this http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html and may have quickely predicted that bitcoin can be hacked which is just a noob thinking as mining with this pencil and paper is not practical. Nothing to worry about, it will require lots of computer power/super computers lots of years to get private key of one single bitcoin address. Anyone in bitcoin is full of secure and no one can hack or crash down because government hold bitcoin and control if your friend see many ways to hack that is a big wrong maybe you can predict but this will not happen as of now we are in high technology and securities
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asuryan180
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April 18, 2017, 01:02:57 PM |
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It's strong,but it is for sure susceptible to violatility.We have seen how many times it has got back to the 600-650 price range and even lower,although it has spiked now to over a thousand.So we can't say that BTC is unshakeable,but for me it is stable enough to keep being on the rise
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PokerFace3
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April 19, 2017, 08:43:11 PM Last edit: April 23, 2017, 06:48:32 PM by PokerFace3 |
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Bitcoin is built with a strong security system and is not vulnerable to hacking by hackers. More and more bitcoin users in different countries certainly add strength to bitcoin
Bitcoin no doubt have a very strong security system. The increasing number of its users indicates towards the strength and the goodwill that it has achieved. It is definitely the people trust on the on its system that attracts them toward it. Otherwise no one will the risk of sinking of assets. Before joining the bitcoin people make it sure to know the strength and the control.
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poplolnman
Legendary
Offline
Activity: 1442
Merit: 1008
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April 19, 2017, 09:30:43 PM |
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Bitcoin is built with a strong security system and is not vulnerable to hacking by hackers. More and more bitcoin users in different countries certainly add strength to bitcoin
Bitcoin no doubt have a very strong security system. The increasing number of its users indicates towards the strength and the goodwill that it has achieved. It is definitely the people trust on the on its system that attracts them toward it. Otherwise no one will the risk of sinking of assets. Before joining the bitcoin people make it sure to know the strength and the control. bitcoin are strong enough as the next big thing , survived for almost ten years and during the days bitcoin have been rumoured and even attacked by the government media as the biggest scam scheme, but hey they are even start adopting bitcoin now slowly but sure. be the pioneer by keep believing on bitcoin , and take a lot of advantage later, don't miss it just like 8 or 9 years ago.
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I'm in 400,000 euros debt , dont help me , i rather die
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Farcoin12
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April 20, 2017, 12:37:50 AM |
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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
As long as you keep your private key very safe and don't show it to anyone but yourself, then bitcoin is pretty much unhackable. If you go around showing your private key, you are probably gonna get hacked.
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Janation
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April 20, 2017, 01:08:39 AM |
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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
As long as you keep your private key very safe and don't show it to anyone but yourself, then bitcoin is pretty much unhackable. If you go around showing your private key, you are probably gonna get hacked. If the owner of a wallet show off his or her private keys, that is not hacked nor stolen, more likely it is given. You show your privatebkey, there are no other reason why you will be losing you bitcoins stored on the wallet. Maybe you can showw off your bitcoin wallet address, but when it comes to your private keys, that is a different story.
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