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assyla
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March 28, 2018, 12:01:56 PM |
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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
You have a point but it is impossible to hack your wallet, even if it is online or offline wallet. Because of its security, the only thing that is possible to happen is when you share your code or password to your firneds or relatives, it is the time that your wallet can be hacked. |
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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KingOfWinterfell01
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March 28, 2018, 12:21:09 PM |
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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
So far, blockchain technology is secure enough because of how complex it is to be hacked. It's virtually impossible to hack the blockchain due to sheer amount of computers and ledgers behind it. Verdict wise, your bitcoins are safe in the blockchain, your private keys and codes aren't. |
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spacelab
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March 29, 2018, 09:07:18 AM |
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Bitcoin is the strongest cryptocurrency till now and it will stay the same
Though it has ups and downs all the way but non of others will get higher than BTC
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fonenumba
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March 29, 2018, 09:11:58 AM |
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Bitcoin could hack and somebody already tried that with attarck 51% i didnot remember exactly how it was but one pool had one time about 45% of all bitcoin network power one time and was very high risk to get double of trans .
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poutgkj56
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Activity: 95
Merit: 0
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March 29, 2018, 09:21:52 AM |
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If bitcoin is so easy to crack, I would like to know how the bitcoin is kept running for nine years. It's logically weird. Did we all be cheated? Bitcoin can survive for nine years just enough to prove the strength of Bitcoin. This is Unprecedented, so I think your friend may be joking with you.  |
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Jessica2009
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March 29, 2018, 10:34:42 AM |
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According to my opinion Bitcoin is the strongest and the first cryptocurrency and it can be called the king in the world of crypto . Bitcoin is the first decentralized digital currency and the transaction is done with a peer to peer way by the users themselves the transaction is done without the interference of a third party influence or it is not controlled by any government . Bitcoin is a payment system worked all over the world the transaction is done through online and the transfer is done with much fast and less fees.
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Eduard Ivanov
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Activity: 11
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March 29, 2018, 11:40:30 AM |
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The Bitcoin protocol can not be changed without the personal consent of each network user. It is Bitcoin users who determine which software is being used.
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heleng05
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Merit: 10
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March 29, 2018, 11:50:08 AM |
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As I know from the start bitcoin was created almost 10 years ago I think they can't do it all along in that year of still processing in the internet. I will say that it is surely strong enough to me that no one can hack bitcoin after all and as I see even more and more people will enter the world of bitcoin they can't do it even they try it many times.
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clex_us
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March 29, 2018, 05:41:35 PM |
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In all perspective bitcoin seems to be very strong, starting from the ease of use to the security level. If its weaker technology it could have got vanished without getting popularity and increased use from people from different parts of the world. The strength it holds has made it popular even without any media use.
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reverseflash
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March 29, 2018, 06:47:17 PM |
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As practice shows, does not exist for 100% protected. But nearly 10 years since the beginning of existence speak for themselves.
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birtoki
Jr. Member
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Activity: 114
Merit: 1
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March 29, 2018, 06:51:16 PM |
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Bitcoin is strong enough, but there is always someone who can be stronger in any area. Time will tell how strong the security of this currency is.
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Boknoyz
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March 29, 2018, 06:53:45 PM |
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Bitcoin is much stronger than any other digital currency as well have increased price than every fiat currency that's been used around the entire nation. Year by year the price as well user scale is increasing, so we can expect the growth to continue for a long even when several altcoins gets used.
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Faxmate
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March 29, 2018, 07:17:30 PM |
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According to my opinion Bitcoin is the strongest and the first cryptocurrency and it can be called the king in the world of crypto . Bitcoin is the first decentralized digital currency and the transaction is done with a peer to peer way by the users themselves the transaction is done without the interference of a third party influence or it is not controlled by any government . Bitcoin is a payment system worked all over the world the transaction is done through online and the transfer is done with much fast and less fees.
Well since innovation till now bitcoin is only getting high and it is being more and more powerful, the initial price of bitcoin was only 100$ but if you look at the price right now you will make difference, it is very high difference between both the price, more people are getting to bitcoin investment because they have faith on bitcoin, they knows only way to overcome all the wrong investment lose can be done only with bitcoin investment so they are investing, bitcoin has very high potential it can never be weak ever. |
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AnnaGeraMsk
Jr. Member
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Merit: 2
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April 01, 2018, 11:06:02 PM |
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I'm in a mess, how to do it, tell me and maybe the banks that have already started using this technology will refuse and all will return to the good 2000s))
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fonenumba
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April 02, 2018, 07:22:56 AM |
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It’s not insecure and if someone loses his bitcoin that is because of his personal fail or service mistakes. Bitcoin market is stable that is demonstrated by its expansion.
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coco2018
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April 02, 2018, 07:25:39 AM |
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I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
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FindYourIco
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April 02, 2018, 07:27:40 AM |
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BitcoinMarketer39
Full Member
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Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
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April 02, 2018, 07:29:39 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
Bitcoin is strong because of the popularity that keeps on increasing each day due to social media's that are advertising cryptocurrency and the investors in the market that are all hoping for the price of bitcoins to reach $50k dollar by the end of 2018. |
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50ouncebrew
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April 02, 2018, 07:32:45 AM |
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Bitcoin is quite strong in terms of being a currency and an asset. The blockchain technology is nothing short of revolutionary and the possibilities are endless. Bitcoin is very volatile and quite unstable, that much is true, but when it comes to waxing strong and bouncing bad from back from bad markets, prices and low value then bitcoin is actually very strong.
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CADguy
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April 02, 2018, 08:10:09 AM |
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Bitcoin has existed for less than ten years, but it has already achieved amazing popularity all over the world, and along with the popularity grew the rate of crypto currency. many believe that it can go on forever. Despite the widespread skepticism about the true value of bitcoin, the currency was able to survive a period of strong volatility, without losing its popularity among its key users.
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