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Author Topic: Is Bitcoin really secure?  (Read 21551 times)
Sacred Fires
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March 05, 2018, 09:05:42 AM
 #1921

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.
codebuddyonline
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March 05, 2018, 09:11:53 AM
 #1922

 a lot of people losing their bitcoins cause of private keys phishing
cryptohunterSL
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March 05, 2018, 09:12:04 AM
 #1923

This depends what you mean by safe.

If you're worried about someone hacking your wallet, the underlying cryptography for Bitcoin has been studied in detail, and is believed by experts to be secure. Assuming that you choose a strong password for your wallet, your Bitcoins should be safe from theft.

I also am fairly confident that some type of cryptocurrency will become widely used in the future, since it offers unique and useful features. But there is the possibility that some other currency will be developed that is superior.

Also, in the short term, Bitcoin is very volatile. So if you're looking for a safe investment, you're probably better off sticking to more conventional options.
Nyeyzel
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March 05, 2018, 09:16:33 AM
 #1924

I think bitcoin wallet! No one can say that it was secured, even you have a strong password a personal computer regular precautions with your password and anything else. Anything is possible with the hackers it may access your account and possible take you bitcoins and send them to another account. Or the best method creates one or more wallet and protect your privacy at all times. Never share it to anyone.
thomas41546
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March 05, 2018, 09:18:36 AM
 #1925

The only problem in bitcoin is how secure is your wallet. Online wallet is prone to hacker's that you need to check every time if your coins is still there.
Cryptorianer
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March 05, 2018, 09:26:13 AM
 #1926

Your Bitcoins are as secure as your wallet is. Most hackers didn't hack the wallet itself only the computer or phone which the private keys were on. So if you think about Bitcoins security think of how secure is your environment?
MintCondition
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March 05, 2018, 09:28:44 AM
 #1927

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.
It's secure in terms of investment that it will grow more by next few years but in terms of security of getting hacked, that thing will only depend on us, on how we will be careful in dealing our transactions.

wall101
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March 05, 2018, 09:32:48 AM
 #1928

btc is definitely secure because it has so many users in the philippines but its not just secure here is investors and novice bitcoins because they are often tricky because they do not know bitcoin.
amaterazu
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March 05, 2018, 09:34:46 AM
 #1929

They are secure, very secure. What makes them doesn't secure are our activities that vulnerable to hackers for stealing our information. And also how safe do you keep all your information. This is important.

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yanlap
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March 05, 2018, 06:58:15 PM
 #1930

Bitcoin is pretty secure. This is because the cryptographic system comprises of multiple layers of security which no professional eavesdropper can hack. It is likely to take long to build the first supercomputer that will compromise these layers of security.
I have some knowledge about the hash system and I think that super computers are not enough to break the secured hash system and the reason behind this is that hash system was introduced after DES and AES and the major flaw in those systems were that at some point, they were reversible. The best thing about hash system is that it is not reversible, and reverse engineering on this will take you to nowhere. So the system is undoubtedly secure, and you just have to focus on the online practices of yourselves.
joymarker
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March 05, 2018, 07:08:42 PM
 #1931

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
Tidak benar jika Bitcoin di “ Backing” oleh daya proses untuk menjalankan sistemya. ..... Bitcoin bisa lebih aman dan keamanannya akan meningkat jika pada setiap
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March 05, 2018, 10:06:05 PM
 #1932

It's secure so long as quantum computers don't get into the wrong hands
phpartisanmaster
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March 05, 2018, 10:10:20 PM
 #1933

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

It is secured because there are a lot of coins out there that are not circulating in the market because it was lost by the owner, it only means that wallets are good enough to hold the coin and hackers will have a hard time to decrypt the passwords before stealing coins.
rcoins0720
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March 06, 2018, 12:44:40 AM
 #1934

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 very secure and it is encrypted with the private keys you have and the only way to open it is through your provate keys..
Some cases of hacking said that the private keys they have was connected in their gmail acc. Where hackers can manage to hack the gmail and be able to get your keys.
As long as you store your keys in good hands you are good to go
Getmon
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March 06, 2018, 02:55:02 AM
 #1935

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

If your friends and family are expecting that you will be giving some definite answers and assurance that Bitcoin is totally safe, then they are wrong. If their condition before joining Bitcoin is a guarantee that it is exempted from all the hacking threats and dangers, then they might as well stay away from Bitcoin forever. And perhaps stay away from everything online. We all know that we cannot declare total safety from all these. There are always risks.

MEGA

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colmenajose
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March 06, 2018, 03:12:47 AM
 #1936

Bitcoin is quite safe, however we can not neglect our wallets, we must have cold storage.
mohammed0102
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March 06, 2018, 03:16:37 AM
 #1937

bitcoin is very safe, and I myself have no problem with bitcoin. you can set your own password even after they have already given you a private key.
Harpawan
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March 06, 2018, 03:17:17 AM
 #1938

No. There is no safe word for all infestations.
There is how we strive agan infestation is not in disturbing others.
Be it physically or electronically.
Likewise with bitcoin, in addition to the ups and downs that make heart sport also storage is also prone to collapse.
Jr family
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March 06, 2018, 03:22:27 AM
 #1939

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 is Bitcoin not blocked for those who use it illegally by buying/selling in the deep web market?What if governments ban Bitcoin because of these people?
I really appreciate if you  guys give me some answers
If asked whether or not safe, I think depends on each of us individually. Since only we can keep our Bitcoins, no one is responsible for the loss of Bitcoin we have. If we can keep Bitcoin from any angle, I think we will always be safe and the Bitcoin we have will not be taken hackers.
khai29
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March 06, 2018, 11:12:55 AM
 #1940

Yes difinitely secure,because right now the system is fully protected to prevent the hacker interred,and we all know developer they give their full time to monitor the system so that hacker cannot make system down or hack.
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