Is Bitcoin really secure?

[CarnagexD]

For now bitcoin is really secure as long as you don't disclosed your password to anyone.and bitcoin itself has its own security features.it is impossible to hack because it has a special wallet to keep secure.

Bitcoin is somehow secure and will be more secure if you the user will be mindful of your decisions along the way. I mean if you keep your bitcoin accounts or bitcoins away from any possible harm to it,nothing will happen to it and it will be secured. So it also depends on you, how you are going to keep and value it.

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[desanti]

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

yes I think for now Bitcoin is completely safe, and it depends how you store your Bitcoin.
because there are many wallets to store Bitcoin like an online wallet that has a private key that is completely secure provided you do not reveal your password to anyone to keep it safe.

[Khristian]

Nowadays it's really a technology that many people are good at hacking. We've heard news in other countries but bitcoin for me i have my bitcoin i keep it safe for me because of the password they can not guess i secure it no one knows my account in bitcoin..but I'm not comfortable getting rid of information on my account.since 2008 bitcoin is still alive and no one cant hack ..

[cryptokitty]

I guess it is considered secure when your pasword are also secure, so be careful when you are logging in, check it first then be familiar with the links don't just let yourself follow or click the links without doing any observation for some hackers are sending some links to hack your account. So be careful everyone.

[vv181]

Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.

Many people think that Bitcoin is a very safe and untraceable currency or transaction tool. I myself think so too. But some people disagree with that.

Some say that transactions in Bitcoin are not difficult to trace and the identity of the Bitcoin holders can be found by the authorities. If the Bitcoin is indeed safe and untraceable, then why the owner of the Silk Road website used to be tracked and imprisoned. As far as I know, all transactions on Silk Road use Bitcoin. Now the owner of Silk Road must be in jail and could not get out.

The owner of silk road not imprisoned because of bitcoin but he made his own mistakes, he allegedly posted his Gmail address online, according to court documents. Fact is all transactions over the Bitcoin network are completely transparent and traceable. So it could allow multiple Bitcoin addresses to be clustered together

[lepricoin]

network bitcoin hack practicality is not possible, for this, the hacker will need at least half of the total processing power of the network, and this is very much. Another thing purses where to store currency people, you can hack, if a person does not adhere to simple rules to protect your computer.

[ethereumhunter]

i think secure or not its just depend on us, where we save our bitcoin and what we do for saving our bitcoin because there is many people still not too care about how to secure our bitcoin. we see that there is people that have been sad to know that their bitcoin was stolen and they trying to get their bitcoin again. as long as we can save our bitcoin in offline wallet and spend our bitcoin with carefully, then i am sure that we can secure our bitcoin from being hacked by someone.

[CowboyKiller]

Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.

Many people think that Bitcoin is a very safe and untraceable currency or transaction tool. I myself think so too. But some people disagree with that.

Some say that transactions in Bitcoin are not difficult to trace and the identity of the Bitcoin holders can be found by the authorities. If the Bitcoin is indeed safe and untraceable, then why the owner of the Silk Road website used to be tracked and imprisoned. As far as I know, all transactions on Silk Road use Bitcoin. Now the owner of Silk Road must be in jail and could not get out.

The owner of silk road not imprisoned because of bitcoin but he made his own mistakes, he allegedly posted his Gmail address online, according to court documents. Fact is all transactions over the Bitcoin network are completely transparent and traceable. So it could allow multiple Bitcoin addresses to be clustered together

But you have to know, you can not know the source information as IP network or location transfered or received that amount. Of course, Bitcoin used the blockchain technology, therefore it needs to have a "book" to write all history transaction completed or pending, unless the transaction can not get confirm.

[alan2here]

Bitcoin is considered to be the best security system at this time because no one can discover all the blockchain technology and no one has been able to decode Bitcoin and can destroy this ecosystem. This market is very safe and no one can hack your Bitcoin

[vv181]

Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.

Many people think that Bitcoin is a very safe and untraceable currency or transaction tool. I myself think so too. But some people disagree with that.

Some say that transactions in Bitcoin are not difficult to trace and the identity of the Bitcoin holders can be found by the authorities. If the Bitcoin is indeed safe and untraceable, then why the owner of the Silk Road website used to be tracked and imprisoned. As far as I know, all transactions on Silk Road use Bitcoin. Now the owner of Silk Road must be in jail and could not get out.

The owner of silk road not imprisoned because of bitcoin but he made his own mistakes, he allegedly posted his Gmail address online, according to court documents. Fact is all transactions over the Bitcoin network are completely transparent and traceable. So it could allow multiple Bitcoin addresses to be clustered together

But you have to know, you can not know the source information as IP network or location transfered or received that amount. Of course, Bitcoin used the blockchain technology, therefore it needs to have a "book" to write all history transaction completed or pending, unless the transaction can not get confirm.

But, although bitcoin transactions are randomly transmitted over the peer-to-peer network, you can identify where the transaction originated from if you own and connected multiple bitcoin nodes, the collected combined data from these multiples nodes might be enough to discover where a transaction originated.

[Bitcoinislifer09]

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

I think, yes bitcoin is secured but it depends on you on how you secure your own account. So you have also to protect or secure your  account to other people or hackers and be careful about what you are doing in your bitcoin account.

[damnek]

Bitcoins are secure means of investment nobody can hack into bitcoins if you store them in an offline wallet it is the best way to store them in a paper based offline wallet trezor and ledger nano S are some of the safest wallets in which you can keep your bitcoins safe as far block chain is concerned nobody can hack into blockchain as the programmer has made it so secure so that nobody can easily hack into blockchain as btc runs on the support of blockchains .Bitcoin is not blocked for those who use them illegally as there is no idea on who the user is as they maintain complete privacy of the user name to identify the user.

The most secure cryptocurrency is the unrivaled bitcoins so on the off chance that you need to utilize Bitcoins than your decision ought to be bitcoins on the grounds that you can utilize Bitcoins for all reasons on the off chance that you need to do exchanging then the bitcoins is the best cryptocurrency for exchanging on the off chance that you need to be careful your cash the most secure cryptocurrency is the bitcoins on the off chance that you need to end up plainly a tycoon by a wide margin than you ought to likewise enter the bitcoins.

[pesonet]

Bitcoins are secure means of investment nobody can hack into bitcoins if you store them in an offline wallet it is the best way to store them in a paper based offline wallet trezor and ledger nano S are some of the safest wallets in which you can keep your bitcoins safe as far block chain is concerned nobody can hack into blockchain as the programmer has made it so secure so that nobody can easily hack into blockchain as btc runs on the support of blockchains .Bitcoin is not blocked for those who use them illegally as there is no idea on who the user is as they maintain complete privacy of the user name to identify the user.

The most secure cryptocurrency is the unrivaled bitcoins so on the off chance that you need to utilize Bitcoins than your decision ought to be bitcoins on the grounds that you can utilize Bitcoins for all reasons on the off chance that you need to do exchanging then the bitcoins is the best cryptocurrency for exchanging on the off chance that you need to be careful your cash the most secure cryptocurrency is the bitcoins on the off chance that you need to end up plainly a tycoon by a wide margin than you ought to likewise enter the bitcoins.

For me? Im not 100% sure that bitcoin is really secured but I hope so because as a student this is the one that can make myself earn a money.

[BitcoinIsAlgebraic]

Bitcoins encryption SHA-256 is currently unbreakable and won't be hacked any time soon however it's the persons security of their computer which normally results in loss of coins.

[skyflakes88]

it depends on how and what kind of users you maybe visiting sites who are suspicious in nature could lead other hackers to take advantage of you and if you are just careless to the point thay you can lose your belongings because of lack of care change that because that habbit is not good and might cause you a fortune

[Geemy]

i think it's very secured , and SHA-256 it's very good to encrypted .

[RSM0103]

For me it is secure but you must ensure where you put your bitcoins and make sure that your private key of your choosen wallet is remain private because most of the cases that bitcoins are hacked because of our own carelessNess I have friends that their bitcoin is hacked because they display their private key in public. But when you say bitcoin itself we can really sure that it is secure, bitcoin is known almost all over the world and many of investors use bitcoin in their transactions.

[NickCrypto]

It improves its security day by day

[mammoniter]

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

There wouldn't been a lot of demands and investors if not. Aside from that a lot of companies and services adapting to bitcoin as their mode of payment or currency although there are always potential threat of  hackers and phishing sites which are most likely security threats due to negligence. Most threats to bitcoins are just when you are not careful enough to protect your account privacy. In terms of usage illegally I think it is not enough to block it because every known currency is being used illegally so it wouldn't help crime prevention to block bitcoin.

[FasTroy]

i think it's very secured , and SHA-256 it's very good to encrypted .

You are right, I believe too much in the security of bitcoin, because i know that this technology it's too strong, I don't say that's it's impossible to hack, but it's too strong. So, I think that it's secure to use bitcoin and invest in bitcoin, You should just be careful and save your private keys.