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Author Topic: how strong is bitcoin really?  (Read 55571 times)
Naokia980
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April 27, 2017, 11:40:01 PM
 #1021

Bitcoin is becoming strongest ever before because there are many people who still needs bitcoin for their daily usage, even big bag holders are kept holding the bitcoin for the future purpose. I think bitcoin is becoming the biggest change in Digital currency world.

Now it is difficult to imagine life without bitcoin and there are many new people who want to join it, thereby developing and strengthening it.

It's hard to imagine life without bitcoin because if you are a bitcoin earner and some portion of your assets are bitcoin then how you could make your life easier if you don't have this big value crypto. Bitcoin is really strong because we are seeing on how fast it's growing and as well as the price increase, it's not that weak.

If bitcoin is really strong why dont big banks still dont accept that cryptocurrency? Maybe a fear of single world currency idea? They will not let!

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April 28, 2017, 10:26:15 PM
 #1022

Bitcoin is becoming strongest ever before because there are many people who still needs bitcoin for their daily usage, even big bag holders are kept holding the bitcoin for the future purpose. I think bitcoin is becoming the biggest change in Digital currency world.

Now it is difficult to imagine life without bitcoin and there are many new people who want to join it, thereby developing and strengthening it.

It's hard to imagine life without bitcoin because if you are a bitcoin earner and some portion of your assets are bitcoin then how you could make your life easier if you don't have this big value crypto. Bitcoin is really strong because we are seeing on how fast it's growing and as well as the price increase, it's not that weak.

If bitcoin is really strong why dont big banks still dont accept that cryptocurrency? Maybe a fear of single world currency idea? They will not let!

The very simple answer is that because it is decentralized, they don't have control with it and if their country isn't regulating bitcoin then it can be manipulated by the whales so the economy for bitcoin will not be at good condition since banks are just for the profit, they will be in danger. But maybe in the near future they will.

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FasTroy
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April 28, 2017, 10:35:28 PM
 #1023

Bitcoin already have displayed it's acceptability to us, it already creates as a trusted as well as profitable currency site. Day by day it's gaining as a valuable currency source which creates numerous employment opportunities.
I think it would be a strong background of Bitcoin.
You are right, I think bitcoin have a bright future, Many users trust it so much and use it every day, day by day, it will be more strong, because of people who joined this community. Peoples are the main reason of how would be bitcoin, People can control the market and the price, as i think.

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May 29, 2017, 05:13:28 PM
 #1024

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
Thats impossible that we can just calculate it using calculator even you have many formula you can not get break bitcoin unless if you monitored the whole blockchain and you have some high hacking tools or even manually using linux but i think its impossible right now because bitcoin has high security and they dont let hackers to monitor they tracks.
Bitcoin is very strong now a days and I think no one will try to destroy it.I guess no one’s try to destroy bitcoin because it impossible because it has a high security that can protect to all hacker in the world. I think bitcoin have 100% security to prevent to hack there system and they always monitor it.Lastly, for me bitcoin is not hackable system and I’m glad that you can sure that your bitcoin will totally safe.
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May 29, 2017, 06:37:28 PM
 #1025

Bitcoin is very strong enough so stable even if some holders they want it to drop the price but they can't do anything because many holders and investor in bitcoin are they don't like that bitcoin drop the price.


I agree your advice because bitcoin is very strong Although some dont like bitcoin prices  Wink
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May 29, 2017, 06:42:45 PM
 #1026

Bitcoin already have displayed it's acceptability to us, it already creates as a trusted as well as profitable currency site. Day by day it's gaining as a valuable currency source which creates numerous employment opportunities.
I think it would be a strong background of Bitcoin.
You are right, I think bitcoin have a bright future, Many users trust it so much and use it every day, day by day, it will be more strong, because of people who joined this community. Peoples are the main reason of how would be bitcoin, People can control the market and the price, as i think.

Bitcoin is powerful currency but only for those who are aware about bitcoiins and how would you define bitcoin for those who have never about it yet? Do you feel that they also think that bitcoin is a great and strong currency? I don't think so as there are many corner of the world at a moment where bitcoin has not reached and its hard to imagine that those people would also have same feelings for bitcoins at a moment and bitcoin is only strong only for those who are using and for rest others its nothing.

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June 03, 2017, 06:12:03 PM
 #1027

Bitcoin already have displayed it's acceptability to us, it already creates as a trusted as well as profitable currency site. Day by day it's gaining as a valuable currency source which creates numerous employment opportunities.
I think it would be a strong background of Bitcoin.
You are right, I think bitcoin have a bright future, Many users trust it so much and use it every day, day by day, it will be more strong, because of people who joined this community. Peoples are the main reason of how would be bitcoin, People can control the market and the price, as i think.

Bitcoin is powerful currency but only for those who are aware about bitcoiins and how would you define bitcoin for those who have never about it yet? Do you feel that they also think that bitcoin is a great and strong currency? I don't think so as there are many corner of the world at a moment where bitcoin has not reached and its hard to imagine that those people would also have same feelings for bitcoins at a moment and bitcoin is only strong only for those who are using and for rest others its nothing.

Basically you can tell that a currency is strong if it's high valued compare to any other currency, Bitcoin has that aspect when it comes to price value, with that being said many people now believes that Bitcoin is strong and has a future for more stable economy and growth.
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June 03, 2017, 06:43:43 PM
 #1028

Bitcoin is very strong enough so stable even if some holders they want it to drop the price but they can't do anything because many holders and investor in bitcoin are they don't like that bitcoin drop the price.


I agree your advice because bitcoin is very strong Although some dont like bitcoin prices  Wink
In other words they are playing the price of Bitcoin. Big players often are the first people who sell there position in order to gain profit shortly after the price has fallen this big players will start to buy and buy at a cheaper price, quite smart actually because it can be a never ending cycle, after that another trend will start or will continue at least. Right now this 2017 we can see a repetitive action when Bitcoin rises quickly it will be followed by a price drop, it never fails to do the same rhythm.
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June 09, 2017, 08:32:23 PM
 #1029

To me, bitcoin is not hackable; however, the bitcoin network might be hackable. So the question should be "how strong is bitcoin network?"

And Bitcoin network is vulnerable like any other network so there is no such thing as 100% security. We all have to be aware of this.

Very agree with you, nowadays hack has been so much depends on how strong the network security to be able to protect bitcoin

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June 13, 2017, 04:06:18 AM
 #1030

To me, bitcoin is not hackable; however, the bitcoin network might be hackable. So the question should be "how strong is bitcoin network?"

And Bitcoin network is vulnerable like any other network so there is no such thing as 100% security. We all have to be aware of this.

Very agree with you, nowadays hack has been so much depends on how strong the network security to be able to protect bitcoin

Well, if in number, just like what the creator of directory.io says. I personally have made one, the question is, If there was fast way to crack all, then we had to start over.

There is at least one thing we can do, If we send share to others such as exchange, we should presume the sent is never be back.
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June 13, 2017, 04:07:38 AM
 #1031

bitcoin is one of the world's juiciest prizes for hackers. there must be thousands or tens of thousands who've tried to break it, let alone governments and banks, and they all went away with their heads bowed.

this forum would not still exist if bitcoin had been cracked. if it is we'll sure as hell know about it.
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March 20, 2018, 07:06:36 PM
 #1032

Bitcoin is really strong, I trust the security it has to keep safe our coins. No one can manipulate the flow of every transactions.
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March 20, 2018, 07:07:50 PM
 #1033

Bitcoin is only as strong as society will allow it to be.  The more of the demand, the higher the price and in return, the greater the reward.
While this can be said about stocks and other currencies, Bitcoin also has the technological aspect behind it, making it a force to be reckoned with!

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March 20, 2018, 07:09:08 PM
 #1034

This thread had been replied by thousand but I want to share my idea on the first line of the OP, Bitcoin in wallet is like money on the bank its the security that protects your coins from being stolen and the security is the strong one here not the Bitcoin itself.
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March 20, 2018, 07:10:55 PM
 #1035

I think hacking Bitcoin is unlikely, it is extremely secure and hardly anyone can hack it except its creator. If hacked, it will not be able to survive until now and become so powerful

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March 20, 2018, 08:02:47 PM
 #1036

I do not think that it is possible to crack bitcoin in principle. Especially with the "calculator". It's completely safe, we have nothing to worry about.
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March 20, 2018, 08:17:04 PM
 #1037

This is the superficial judgment of a person who does not understand cryptocurrency at all. I studied it quite carefully and I am sure that it is impossible to crack bitcoin. That's why I trust him.

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March 20, 2018, 08:21:11 PM
 #1038

In my opiniom, bitcoin is very strong because it is not easy to hacked and no one can manipulate it in order to have an access that it can goes to 0 value. But bitcoin and exchanges is different maybe an exchanges is not safe to store your bitcoin because they were many cases that it can hacked by someone who has a bad intention of getting it.
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March 20, 2018, 08:28:50 PM
 #1039

For each person benefits bitcoin is the strong point of this currency and all technologies. The fact that not all use the same rate or anonymity financial transactions. Based on personal preferences, the strength of bitcoin can be in different moments.
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March 20, 2018, 08:34:34 PM
 #1040

The true power of bitcoin is that no single person or institution can monopolize in regulating the gait, this is free, and decentralization of course, the blockchain system makes it extraordinary. The power of bitcoin it is our community! For now bitcoin is really strong!  Cool
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