Bitcoin Forum
December 13, 2017, 10:49:13 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Are bitcoins more secure then Swiss bank?  (Read 2568 times)
oktana
Sr. Member
****
Offline Offline

Activity: 378


Crypterium-Digital Mobile Cryptobank For Everyone


View Profile
April 05, 2017, 07:59:02 PM
 #61

Yes bitcoin is far more secure than any bank's centralized network. Bitcoin is decentralized, it is encrypted, the one who have private key only have full control over that bitcoin address this all makes bitcoin more secure than swiss bank or any other banks.

Bitcoin server/network can never go down so you will always have access to your bitcoin.

That is not completely true because not a thing in the world isn't 100% secure and free of attacks and breaches. And so it's the case with Bitcoins too. So far we can't claim that Bitcoin network could never go down or be attacked and your coins lost. I never take anything just as it seems, there is always a danger.

Bitcoin has security level that's more secure, but sometimes we feel the anxiety to manage personal, then banking institutions necessary for it. For your reason, we need to believe in development of their systems and allow system to run smoothly, if you always say 100% is not safe, your mind will not calm down and one step down from person who always thinks positive.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
1513205353
Hero Member
*
Offline Offline

Posts: 1513205353

View Profile Personal Message (Offline)

Ignore
1513205353
Reply with quote  #2

1513205353
Report to moderator
BlueStackz
Hero Member
*****
Offline Offline

Activity: 770


View Profile
April 06, 2017, 11:15:37 AM
 #62

In term of stability i wouldn't say bitcoins are more secure then Swiss bank. The value of bitcoin can decrase easy while in banks the risk is smaller. In term of security it's depend how you see it. A hacker can hijack your wallet in a way or other then it will be a total lost for you. While if your bank get hacked then you get refunded as the bank is responsible  Grin

I think in terms of security the same applies, advantage for the swiss bank. Bitcoin is more vulnerable to hacker attacks and has less guarantees. But the point of bitcoins is to have a new technology that allows us to use a new way to make online transactions and to earn money online.
And there isn't any bank offering us chances like this to make fast profit and money online. What I mean is: Without a lot of initial money, swiss bank is worthless for you. Without money, bitcoin extend a welcome to you!
There is no doubt about that, bitcoin is much better than Swiss banks because it allows us to make money, but just to clear things out Swiss bank allows you to store gold.

So, you can exchange your money into gold and store it while the price getting higher and then exchange it back to money when the time is right, but that is still not better than bitcoin because you are going have to pay for the time it is stored.


            ▄▄████████▄▄
        ▄██████████████▄
    ▄█████████████████▄
  ██████████████████████
▐██████████████████████▌
████████████████████████
████████████████████████
████████████████████████
▐██████████████████████▌
  ██████████████████████
    ▀█████████████████▀
        ▀██████████████▀
            ▀▀████████▀▀
bitPlay 
        ████
    █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
█  █  ████
    █  ████
        ████
      EARN UP TO 5.9% DAILY INVESTING IN eSPORTS   
    ▃▃▃▃ ▃▃▃▃▃▃    Choose a plan, make a deposit and enjoy the profit!     

████
████  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █  █
████  █
████
✔ DDOS Protection
✔ SHA-2/2048-BIT SSL Encryption
✔ Brilliant Solutions
✔ Fast Income
mastermold
Full Member
***
Offline Offline

Activity: 168


View Profile
April 06, 2017, 12:25:24 PM
 #63

If you talk about anonymity.

Swiss banks were secure. But those days are long gone. Originally they gave you a numbered account and asked for no identification. Now, you get a named account which is identifiable back to you.

Bitcoin only provides pseudonymity, not anonymity. All bitcoin transactions are linkable, and so once you identify a single point, you can follow it through every transaction (which is stored on every node) to follow the money.
Xester
Hero Member
*****
Offline Offline

Activity: 672


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 06, 2017, 12:31:01 PM
 #64

If you talk about anonymity.

Swiss banks were secure. But those days are long gone. Originally they gave you a numbered account and asked for no identification. Now, you get a named account which is identifiable back to you.

Bitcoin only provides pseudonymity, not anonymity. All bitcoin transactions are linkable, and so once you identify a single point, you can follow it through every transaction (which is stored on every node) to follow the money.

Swiss banks offers more security than  bitcoin since it is free from hacks and is very strict in keeping your wealth stored in their system. But even though swiss bank is more secured than bitcoin its tight security sometimes becomes an advantage to swiss accounts. Just imagine if you place a deposit in swiss bank and an emergency occurs right at the moment you cannot claim it instantly like bitcoin does. In the end bitcoin is much better to swiss bank since it is more accessible.

stompix
Hero Member
*****
Offline Offline

Activity: 546



View Profile
April 06, 2017, 12:35:49 PM
 #65

Bitcoins are more secure I guess, it cant be easily raid by bank robbers. It cant be easily hack by hackers as they need to hack the whole blockchain.

Just make sure you save your bitcoin properly, dont lose your password paraphrase.

Of course robbers can't get into your house and steal your laptop or your phone or whatever you have your wallets on.
And good luck claiming afterwards that you had so many bitcoins when the police comes.

The problems with bitcoins is that once the security fails there is no chance of getting them back.

Just look how people are getting their bitcoins back.... not.



bajing
Legendary
*
Offline Offline

Activity: 1176


The most Professional Cryptocurrency Casino


View Profile
April 06, 2017, 12:50:08 PM
 #66

No, swiss bank more then bitcoin. we know many corruptor,drug dealer,mafia,politican,etc save their money at swiss bank because no way for anyone touched their account if not by hand the owner of account so why i think bitcoin not safe?? due until now i still hear many bitcoin user get hack by hacker.

FORTUNEJACK.COM[
                            
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!