Is Bitcoin really secure?

[DunnDy]

Bitcoin is so polished that we shouldn't worry about its security. Scams aren't possible till 51% attack so we don't have to be afraid about they. Furthermore, the government won't ban BTC because of one simple reason. Too many users would show their madness if there was a ban of Bitcoin. They certainly would attack a government to unban BTC.

[pusa aso]

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 am a new comer thats why i still do not know if my bitcoin will be secure but in my real opinion and for the help of my higher members i will listen to their advise so that my bitcoin will not hack...

[iamryan]

Bitcoin is very secure,  security attached to a wallet which is required for sole ownership of Bitcoin makes it more secure than any other currency in the world.

The wallet is encrypted and it can only be accessed by a code bearer and in it resides a Bitcoin.

Govt cant banned bitcoin , lot of country already restricted but still there buy/sell bitcoin regularly . its a open sources no one can stop it

[harbin55]

Yes of course. In fact the company of bitcoin is legal company which their existence is recognize by the government and all operations they held is supported also by the government;
from this you are assured that bitcoin is secure and not a fraudulent scam company.

[zemb]

Yes of course, because there is not enough computing power to break the encryption. This could change in the future with quantum computing, but for now, it's secure. There are a lot of people in the field of encryption researching this technology and trying to break the encryption somehow, but so far none succeeded.

[sempak]

Yes of course. In fact the company of bitcoin is legal company which their existence is recognize by the government and all operations they held is supported also by the government;
from this you are assured that bitcoin is secure and not a fraudulent scam company.

For companies and legality it is true that bitcoin in some countries has support from the government but there are also those who reject the existence of bitcoin. for example right now in my country indonesia which government still not support bitcoin

[qwertyuiop0987654321]

Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.
The government can not be that easy to ban bitcoin transactions, because bitcoin is the future.

You can make anything secured if you are not careless enough. Thus, Bitcoin can be secured through your care. We can't say that it is not secure. Security of anything is in your own hands.

[Saidmod]

Yes of course. In fact the company of bitcoin is legal company which their existence is recognize by the government and all operations they held is supported also by the government;
from this you are assured that bitcoin is secure and not a fraudulent scam company.

I believe that bitcoin is secure but I disagree that it is being supported by government. Actually government support may either be an advantage and disadvantage for bitcoin transactions.
In terms of wallet,bitcoin is secured. Also, security dont depend on bitcoin itself but itvdepemds on the person how he or she will use it with others.

[hamdun]

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

Bitcoin is safe and do not worry too much if bitcoin is stolen, bitcoin slit is so tight that it is difficult to steal it. I think that makes the insecure bitcoin is its own user.

[boakyei]

Generalizing hacking of bitcoin into one is erroneous. Some bitcoins are on cold storage, others on online wallet, others on exchange. It will be complete impossible for a hacker to break into all this storage and steal bitcoins. If online exchanges, then it must be careless on the behalf of the exchange, but recently, all exchanges are very secured.Cold wallet I think is impossible. The only way hacker can steal bitcoins is I think disclosing your online wallet password .

[futuris]

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

Bitcoin is safer than existing financial instruments that are familiar to us. Safer and more reliable than VISA, Paypal or any bank in the world.

[burnhardzx1]

bitcoin is very secure for people you can understand it. hacking bitcoin itself is almost impossible because of blockchain technology. people who is saying that bitcoin is not safe dont understand it..

[sudzee2196]

Yes Bitcoin is the most secured cryptocurrency in the market right now and no one can scam u unless u do some foolish stuff!

[alexsandria]

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 no because we all know a lot of issues according to bitcoin and the mostly issue we know is all about wated or missing money which i actually idea somehow is that bitcoin is secure but no that has a well and very secued. So for me as of today bitcoin isn't secure.

[siddu67]

Yes bitcoin is the most secure cryptocurrency.We can trust bitcoin without any doubt.No one can hack it until you visited any kind of phishing site or did any foolish work like telling your password to others.

[GraciousBanshee47]

I think it's very  much secure and relatively the safest coin compared to alts. However, it's still possible to hack it especially with the upcoming Quantom Comps.

[coin_maker]

Well,the security of bitcoin is really good. Actually  proper security of btc is depends on you, how you keep your btc.

For proper security ,you can use a hardware wallet.

[Christian13]

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

In my opinion yes it is secure, If you are using myether wallet then you will notice that the codes is super incripted and it was very impossible to gues or to decript that's why bitcoins is really secured and your coins cannot be stolen from you. and  I like Bitcoin because it is very trustworthy. Bitcoin will show us the bright path in the future. So I think Bitcoin investment is really incomparable. I believe in Bitcoin, because I have benefited a lot.

[imyashir]

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

100% bitcoin is really secured, It's just right that you put your bitcoin on. in other words do not store bitcoins on exchanger simply because you do not hold your private key. use the Paper wallet or wallets to hold your private key so your bitcoin can be safe and hackers do not fall prey to it.

Blockchain, the distributed ledger technology underlying bitcoin, may prove to be far more valuable than the currency it supports. But it’s only as valuable as it is secure. As we begin to put distributed ledger technology into practice, it’s important to make sure that the initial conditions we’re setting up aren’t setting us up for security issues later on..read more

[SiDtHeBeSt]

Yes bitcoin really is safe! I don't know why some people still have confusions in their mind about bitcoins. I think you should just tell people who are confused to go and research a little bit about bitcoin. Alot of people have been investing in bitcoins and a huge number among them have got really great profits by doing so, the only ones who got loss till now would be the ones who panic sold their bitcoins. I don't think it can easily be hacked as the wallets have pretty good security too. I am currently using blockchain and here you would need confirmation from your email. So if you are having an authenticator for your email I don't think there might be any possible problems.