Kizaki
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March 01, 2018, 01:44:54 AM |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Of course it is. Just think of it this way, would bitcoin last for years if it isn't really secure? I don't think so. More and more people are drawn to investing on bitcoin, not just because of the profit, but also the thought of no matter how low it's value get, it eventually rises up which makes it really secure. |
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Yushikarokun
Copper Member
Jr. Member
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March 01, 2018, 02:21:42 AM |
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Bitcoin is advanced to feature totally on the net, this is why we name it virtual foreign money, since it's far being achieved inside the net, likely it has been a target of hackers for several times, but i guess considering that no information suggests that breach came actually from bitcoin security code. there may be nothing to worry approximately bitcoin protection, until it is out of your personal overlook. Bitcoin isssue is finished globally,
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serverus
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March 01, 2018, 02:56:08 PM |
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For it is not so secure knowing that it is decentralized and the government has no control on it. There is no back up either.but bitcoin offers big opportunity and profit that makes ideal to grow money and have place for investment. Bitcoin now is growing and its price is continuously increasing making it very much profitable.
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Ricaking
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March 02, 2018, 02:11:32 PM |
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I think yes bitcoin is really secure. No one can steal bitcoin, and dont put anywhere your username, password or anything about your details that your account will be safe to person or anyone can take advantage of your negligence. Because bitcoin is the future our future
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jhezmark
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March 03, 2018, 01:18:07 AM |
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Yes, I think Bitcoin is really safe because if you can keep an account that you have and Never store username, password, email or seed in any place. Because it can make a person take advantage of your negligence Bitcoin may have many overseas services that provide services to send money directly to your BANK so in this terms i think bitcoin is secured and reliable in different aspects.
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IlbiStarz
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March 03, 2018, 01:37:01 AM |
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On my own opinion, Bitcoin can really secure especially in our future lives because as we can see right now, Bitcoin helps us to provide our daily needs and provide some of our desires. Bitcoin helps us gain a lot of money that we dont expect that we receive that. Bitcoin also helps us save money for our future and helps us to secure and change our lives forever.
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shoreno
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March 03, 2018, 01:43:06 AM |
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On my own opinion, Bitcoin can really secure especially in our future lives because as we can see right now, Bitcoin helps us to provide our daily needs and provide some of our desires. Bitcoin helps us gain a lot of money that we dont expect that we receive that. Bitcoin also helps us save money for our future and helps us to secure and change our lives forever.
bitcoin can surely secure your future but security in the means of transaction? I dont think so. Bitcoin isnt a secure coin because it isnt anonymous at all unlike to some coins like monero (xmr ) which is trully a privacy coin. i guess the best way to secure your coins is to use a hardware wallet such as trezor or keepkey but if you dont have the cash to buy those hardware wallet you can also use your old computer as an offline storage or cold storage in order to have a full security in regards to your bitcoin savings. |
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TrevorSmith
Newbie
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March 03, 2018, 01:46:40 AM |
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I think bitcoin is still pretty safe because u can't know the identity of the owner
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kaijang1808
Newbie
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March 03, 2018, 01:53:26 AM |
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Bitcoin is really safe and secure, no hackers will be able to penetrate it, unless you're not careful enough or you don't have enough knowledge how to use this bitcoins and wallets chances are you may lose your money
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Velkro
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March 03, 2018, 01:54:30 AM |
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Is Bitcoin really secure?
Yes, best programmers in the world works on it to make it fast, improved and secure. When vulnerability will be discovered sometime in future, it will be fixed in no-time, because there are very skilled people that works on bitcoin  . |
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sopanbmp
Member
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March 03, 2018, 01:55:10 AM |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
ya bitcoin is realy scure, but still have a weaknes as well depend on people who use it. |
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david2303
Newbie
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March 03, 2018, 02:04:47 AM |
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Bitcoin is safe and secured. I think no one would try to hack bitcoin because it is more powerful than before. The only thing that can be hacked is your wallet.
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luca3030
Newbie
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March 03, 2018, 02:15:06 AM |
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Bitcoin safe and secure as long as you do basic security precautions on your computer. They aren't just for bitcoiners, they are for every user of computer.
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loius1221
Newbie
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March 03, 2018, 02:16:24 AM |
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bitcoin is safe, which is why it has such success. If you use a reliable purse and responsibly treat it, nothing will happen to your money.
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kristin0515
Newbie
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March 03, 2018, 02:17:48 AM |
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I think Bitcoin is the most secure in cryptocurrency world. I didn't hear any news about the hacking of Bitcoin Account
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Creepings
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March 03, 2018, 02:30:00 AM |
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Safe or not, it still depends on the user and the owner of bitcoin wallet since there are a lot of scammers that will really take advantage of these people if they will let these scammers give them a chance to hack their wallets.
BTW, I notice an all-newbie posts here with less than 1 minute interval in posts. Suspicious.
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dylan0505
Newbie
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March 03, 2018, 02:33:30 AM |
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Bitcoin is made to be secure. There are hacks that happened in the past but it just strengthened the technology of bitcoin today.
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sauravrajput1
Newbie
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March 03, 2018, 02:36:23 AM |
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Yes bitcoin is very secure. no one can steal bitcoin, except for our own carelessness. No government can ban easily as it is future.
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adam201288
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March 03, 2018, 02:37:25 AM |
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he bitcoin is secure depending on the wallet that you use as it is not secured they will get your bitcoin bitcoin has been running since then the bitcoin is low in price so much it buys..
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chenczane
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March 03, 2018, 02:42:17 AM |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
You have so many question pal. Hahaha. That's great. Curiosity, it will open your mind to anything. Ok, bitcoin is secured. I don't know how but it is really secured. Hackers may come into your wallet, so the security of your wallet depends on you. So, don't be curious if bitcoin is secured, secure your wallet first where you store all of your bitcoin. |
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