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Author Topic: Is Bitcoin really secure?  (Read 21545 times)
mevmike
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October 19, 2017, 11:41:02 PM
 #461

all you have to do is secure your own keys.
and leave the rest to the system.
as of now it would seem that blockchain is indeed impenetrable.
many years have already passed, and of course through this years numerous have already tried to hack the blockchain.
but no one succeeded.
therefore it is safe to say that blockchain is totally secured.

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October 19, 2017, 11:52:13 PM
 #462

 Roll Eyes all these days. if they did provide us the secure system.
Hopefully they will keep that as it is,in future also.Some shorts to security thingy you should also maintain like give a good(strong) password.If people around you, hack your account due to lack of you carefulness, then system isn't responsible.anyway safe earning 😆✌
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October 20, 2017, 12:01:13 AM
 #463

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 not that secure because a lot of experiences regarding hacking are continuously spreading around bitcoin ecosysyte! In which frightening the worker to work cause some instance that they may loose all of they profit in a blink of an eye which is too painful to be experience you are working for nothing.
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October 20, 2017, 12:08:55 AM
 #464

bitcoin holding are very secured i suggest used the wallet wih strong privatekeys and do not put your bitcoin into one wallet you can create multiful wallet like electrum poloniex coinbase etc. and aloso you need to take care of your privatekeys for your security.

Akiko
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October 20, 2017, 12:16:16 AM
 #465

Bitcoin is realy safe and secure before you in here in forum you fill up your wallet that gives you a key or code to access your wallet. Hackers can't easily access your code in your wallet which your bitcoin stored. However don't share your details about your wallet code even your closed friend it maybe cause a leak to stole your wallet. Don't worry 100% safe your bitcoin.
I agree.Bitcoin is really safe and secured if you keep your wallet key within yourself.Stealers won't be able to hack your account unless you tend to be careless in such a way.But i believe bitcoin throughout those years has now become more safe and secured to invest even some people continue to doubt its security.We'll just do our part to make bitcoin works within us.
the secure of any wallet you have is in your hand always read before click something else because even on how secure you are in your wallet if you are not so secure on reading then on what you click for there could be the chance that someone can stole your bitcoin and hack your wallet. Always secure your key then think before you click.

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October 20, 2017, 12:18:14 AM
 #466

Roll Eyes all these days. if they did provide us the secure system.
Hopefully they will keep that as it is,in future also.Some shorts to security thingy you should also maintain like give a good(strong) password.If people around you, hack your account due to lack of you carefulness, then system isn't responsible.anyway safe earning 😆✌
It is totally depend on us of how we secured our keys and passwords. Of course strong password is important but we can't assured that it is safe if put it anywhere. A lot of strategies created by hackers, they are all mastered about this kind of work. That's why, we must be careful in dealing our password and keys because in a single mistake, there's a possible  terrible things might happened  in your account.
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October 20, 2017, 12:27:00 AM
 #467

I think bitcoin is quite safe if we're good choosing the right wallet that we use for our bitcoin, and never share important information about our bitcoin storage space. and if you saw one of bitcoin problems is it can be used in the deep web world, I think this is a bad side of bitcoin, but it all depends on who using bitcoin, and I think bitcoin can not be completely blamed in this case.
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October 20, 2017, 12:28:41 AM
 #468

Bitcoin is realy safe and secure before you in here in forum you fill up your wallet that gives you a key or code to access your wallet. Hackers can't easily access your code in your wallet which your bitcoin stored. However don't share your details about your wallet code even your closed friend it maybe cause a leak to stole your wallet. Don't worry 100% safe your bitcoin.
I agree.Bitcoin is really safe and secured if you keep your wallet key within yourself.Stealers won't be able to hack your account unless you tend to be careless in such a way.But i believe bitcoin throughout those years has now become more safe and secured to invest even some people continue to doubt its security.We'll just do our part to make bitcoin works within us.

The one that gives security to your coins are your respective wallets, not bitcoin itself. Due to its decentralized nature, bitcoin is impossible to regulate by government entities or organizations making it less-secured compared to other types of investments. Also, being bitcoin's nature applicable only in the internet, it is subject to hacking (even if it is highly unlikely so) or scamming especially if the owners of that said wallet should changed their mind and get all of your coins. That is one of the factors that you must accept when investing into bitcoin especially today, sine all of its prices are increasing.

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October 20, 2017, 12:58:07 AM
 #469

Bitcoin is realy safe and secure before you in here in forum you fill up your wallet that gives you a key or code to access your wallet. Hackers can't easily access your code in your wallet which your bitcoin stored. However don't share your details about your wallet code even your closed friend it maybe cause a leak to stole your wallet. Don't worry 100% safe your bitcoin.
I agree.Bitcoin is really safe and secured if you keep your wallet key within yourself.Stealers won't be able to hack your account unless you tend to be careless in such a way.But i believe bitcoin throughout those years has now become more safe and secured to invest even some people continue to doubt its security.We'll just do our part to make bitcoin works within us.
actually the wallet security issue is not too much of a conversation because you can get more security by applying 2fa to your wallet or using hardware wallet, and for the safety of my wallet I was quite satisfied, I think the security question might be on bitcoin investment itself, is it investing in bitcoin to be safe or not, since fluctuations may be bad and also profitable?
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October 20, 2017, 01:06:03 AM
 #470

It is safe and secure in comparison to other cryptocurrencies. But if we try to look at the safety of bitcoin alone and without comparison to altcoins, it is not a hundred percent safe. But these are risks involved in Bitcoin. Risks are normal for as long as they are not very incredible. Even deposits in banks are not risk-free even if they are insured. After all, we all face risks daily.

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October 20, 2017, 01:22:00 AM
 #471

if you can choose a really good website to save your bitcoin, it will highly secure than just a normal one, because a good website has multiple layers of security. However, nothing is perfect, so it is better to divide your bitcoin to many wallets.
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October 20, 2017, 02:36:11 AM
 #472

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 for me is it secure. Its up to you if you do not keep in safe place your password.
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October 20, 2017, 02:38:37 AM
 #473

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

for me i think yes bitcoin really secure because Since Bitcoins operate without a central authority, supply is regulated by software as well as agreement by the network, and cannot be manipulated by any government, bank, organization or individual.
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October 20, 2017, 03:12:52 AM
 #474

Can not be denied again that currently bitcoin has a very good security features compared to the bank. if we activate all the security features it will be difficult thieves take bitcoin from us, and after know bitcoin I prefer transaction and saving money to bitcoin.


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October 20, 2017, 03:14:24 AM
 #475

If you are aware what Cryptology that could answer your question how secured it is.
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October 20, 2017, 03:23:51 AM
 #476

I think that Bitcoin is secure. We need to be wise because hackers are everywhere. We should secure are all accounts and remember our password. Especially in our wallet address, we should remember or saved our private key. It is important to put your all accounts in a safe place.
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October 20, 2017, 03:34:05 AM
 #477

bitcoin holding are very secured i suggest used the wallet wih strong privatekeys and do not put your bitcoin into one wallet you can create multiful wallet like electrum poloniex coinbase etc. and aloso you need to take care of your privatekeys for your security.
Sounds right, but, the core of keeping your bitcoin secure is not about how hacker could brute force your privatekey since it's nearly impossible but just how you store your privkey in the right place.
Learning from recent phishing that often happen in ethereum community through mailing by luring people to open a fake online ethereum wallet website, people shouldn't be that easily trusting everything coming to their inboxes of mail or any suspicious website.

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October 20, 2017, 03:45:43 AM
 #478

not all are secure even you are not secured so it depends on how and where are you gonna invest or place your bitcoin, but i suggest place it in some reputable storage a cold storage may do trezor or ledger nano is a popular choice some said that electrum wallet is also good just always secure your pc from viruses and don't open malicious things in the internet you might be a victim of phishing or hacking this is the things you need to be warry of

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October 20, 2017, 03:54:59 AM
 #479

Ofcourse Bitcoin is secure. But the way you are going to store Bitcoin might not be. You must use a reputable ledgers or wallet to store it. Before you access your ledger it would need a private key to be accessed. You need to secure all your passwords and private keys in order to secure your bitcoin as well. Sometime it's the carelessness of the user that makes the storage of bitcoin unsecure.
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October 20, 2017, 02:02:20 PM
 #480

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 not that secure because a lot of experiences regarding hacking are continuously spreading around bitcoin ecosysyte! In which frightening the worker to work cause some instance that they may loose all of they profit in a blink of an eye which is too painful to be experience you are working for nothing.
I can guarantee that the security of saving money in bitcoin is pretty good. it's proven I've never experienced bitcoin theft as long as I use bitcoin from 2014. I'm using an online wallet and I'm adding authentication to get into my account and I can guarantee it's very safe. actually the problem lies in legalization because it is very likely the government is banning on bitcoin and may make a bad influence on bitcoins, scammers in bitcoin, and fluctuations of course
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