Driggers95
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March 04, 2018, 08:09:03 PM |
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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
To the present, BTC is still very safe. I think it will be safe in 60 years
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Bolivar_Tony
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March 04, 2018, 08:09:59 PM |
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Bitcoin as far as I know it is the most secure virtual currency in virtual currency
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Rodriguez1994
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★YoBit.Net★ 1400+ Coins Exchange
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March 04, 2018, 08:11:05 PM |
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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
How much money did you make with BTC? That's not a website or an individual. BTC is like gold and extremely safe
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playerbtc
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March 04, 2018, 08:54:03 PM |
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i have said in my earlier discussions btc is dangerous to the humankind for the chances of anybody utilizing it with bad intentions. money laundering or criminal investment can easily be financed. now the question is on is it secure? to understand the answer you should really know how block chain works. every transaction happened on a unique one way node with unique transaction hash which is not gonna use 2nd time and which wont be destroyed. so it kind of make impossible for hackers to hack and break the security code of btc. i hope i give you a good understanding with my knowledge
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anti76
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March 04, 2018, 09:31:05 PM |
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According to many sites one thing that makes bitcoin special is that it is very secure. The advatage of bitcoin is that it is very well secured and acknowledge privacy of the user. For me, bitcoin is secured since it has proven so many times but bitcoin can be a little off because of scammers and our clumsiness in sending BTC or money.
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oni4an
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March 04, 2018, 10:40:22 PM |
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The algorithm works with data broken into chunks by 512 bits (64 bytes), cryptographically mixes them and gives a 256-bit (32 byte) hash. SHA-256 consists of a relatively simple round, repeating 64 times. The bottom, just, and shows such a round, which takes the input 8 4-byte words-from A to H. Blocks are mixed with bits to complicate the cryptographic analysis. And for even greater reliability are used different functions of mixing (if you can find a mathematical loophole for the rapid generation of valid hashes, then take control of the entire process of mining bitcoin).
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Sampson7
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March 04, 2018, 10:47:51 PM |
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Yea If you can keep an account that you have then I am very confident that your account will be safe. Never store username, password, email or seed in any place. Because it can make a person take advantage of your negligence. And if the government forbids bitcoin I think you can still use bitcoin, you can try various network access such as VPN to still be able to access bitcoin. Many European services that provide services to send money directly to your BANK account in your country.
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adadaorlina
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March 04, 2018, 11:17:24 PM |
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Bitcoin is made to be secure except for our own carelessness. I'm sure, if you can keep your private key secure, no one can steal your Bitcoin. If you want to just be safe in cryptocurrency then do not share any details of your bitcoins to the other people so they will not have any idea of your account and so they will not get interested for hacking it. Because, Bitcoin is controlled by a group of strong code so that there is no chance to be hacked or break down this platform. We can see Bitcoin now is growing and its price is continuously increasing making it very much profitable.
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Penuzel
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March 05, 2018, 12:21:41 AM |
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Bitcoin is extremely secure in light of the fact that there are no reports that phony bitcoin is being produced. In the event that bitcoin isn't that secured at that point there would be a shock of supply of bitcoin. Bitcoin is extremely secure in light of the fact that you can set your own watchword even after they have effectively given you a private key. So you need to include both the private key and the secret key to enter your wallet which has twofold security. There are additionally no reports that their record was stolen in light of the fact that they neglected to log it off, yet recklessness will prompt stolen records and characters.
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Hellokitty09
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March 05, 2018, 02:11:25 AM |
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Bitcoin security depends on ourselves,So we must always be vigilant in keeping our account so hackers do not steal it, my friend there who lost bitcoin it all because of carelessness, so the point is safe bitcoin as long as we are good at keeping.
Bitcoin is really been secured. Im very confident that my account is safe.it is a unique wallet. Importantly, keep all private key to surely the account will been safe. No one can be destroyed it when you have care and keep on it. Bitcoin is very secured than other crypto. Do not share the detail of your bitcoin even.the people who being shared is not interested. As we can see bitcoin is strongly increase and grow to makes very much profitable.
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Poolome
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March 05, 2018, 05:15:31 AM |
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Beyond any doubt it is. Bitcoin is extremely protected and secure, no programmers will have the capacity to enter it, unless you're not sufficiently cautious or you don't have enough learning how to utilize this bitcoins and wallets chances are you may lose your cash/bitcoin. Simply do your part, complete a little research on the best way to utilize it legitimately before utilizing one, carelessness is one reason why individuals lose their bitcoin.
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nguyenlinh4890
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March 05, 2018, 07:33:13 AM |
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Nothing is absolute, you can reduce mishap when you careful and you have a few knowlege about security, most mishap is file server to bang shut and the goverment that you are living , it to prohibit!!!
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Omosomofa
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March 05, 2018, 07:46:35 AM |
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Bitcoin is secure depend on the owner, where he store it, depend on blockchain wallet and if give his wallet information out to scammer. His bitcoin is no longer secure again. Talking government, they can not ban Bitcoin because some countries have positive view about Cryptocurrency e.g England, the last time I was watching television news from channel they are talking about regulating Bitcoin but which I don't think is not possible for now. Why me is referring to England is because of the concept they have toward Bitcoin. They are having positive view about it. From all this, Bitcoin is secure and can not be ban.
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VladG
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March 05, 2018, 08:20:51 AM |
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Yes btc is very secure no one can steal your btc, just be careful where you keep it.
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4U
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March 05, 2018, 08:47:39 AM |
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when bitcoin is established since then today not here any hacker can not hacked Bitcoin. So, it's easy to say about Bitcoin, this coin is not hackable.
Yes and to be honest I have never seen anyone or I never met any person saying bitcoin is hacked, it is good to have bitcoin but it is better to have the wallet along with your bitcoin no one can hack your bitcoin but you will have to be very careful about the scammers and try to save your bitcoin from the eyes of other people, if you are not sharing your bitcoin password with other people there is no risk using bitcoin it is safe secure you can invest fearlessly any time in bitcoin, if you are scared of being hacked then blockchain is here to assure you the safety and the fast growth of your bitcoin.
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xandiel01
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March 05, 2018, 08:50:26 AM |
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As we can see there are no bad feedback about the security of bitcoin,but if something happened to your wallet it is your fault,not by the bitcoin maybe you will be hacked because of lack of idea about the security of bitcoin. S it is better to think before you click.
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Posisi
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March 05, 2018, 08:56:46 AM |
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of course, besides the bitcoin safe to invest is also very promising and even far from the predictions everyone at first. the savings realized in the future if the bitcoin more results big because at any moment could be the price will increase.
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MMS2017
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March 05, 2018, 09:02:11 AM |
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Bitcoin is the safe and secure form of money and it is used by many users across the world people are now interested in crypto and they plan to use this currency for international transactions as well bitcoin is the really secure form of money and in our country bitcoin is traded very well people who have this money they are getting good amount of profit over it.
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gernoto
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March 05, 2018, 09:02:45 AM |
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What makes it secure on not is your self as a user. Bitcoin won't go anywhere unless you send them, so keep your wallet very good, don't share to anyone else. Be careful for phising site and its better to safe your bitcoin to your own hardware wallet.
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Sacred Fires
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March 05, 2018, 09:05:42 AM |
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Bitcoin is extremely protected and secured in the event that you keep your wallet scratch inside yourself.Stealers won't have the capacity to hack your record unless you have a tendency to be thoughtless in such a way.But I accept bitcoin during those time has now turned out to be more sheltered and secured to contribute even a few people keep on doubting its security.We'll simply do our part to make bitcoin works inside us.
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