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Author Topic: Is Bitcoin really secure?  (Read 21549 times)
Coinnosaurus
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April 09, 2018, 02:59:52 PM
 #2361

Bitcoin is more secure than most existing financial services, including legacy banking platforms, which has been compromised repeatedly by hackers. But all of this speaks only to the technical security of bitcoin
miang
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April 09, 2018, 03:29:55 PM
 #2362

Bitcoin itself is really secure, but if you are pointing about the wallet where you are going to store bitcoin then there are wallet sites that is not secure. So, if you want to be secured then the best thing to do is, use only one gadget in everything you logged in, putting information's about your identity especially your password. Don't save it, always log in and log out.
dgross0818
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April 09, 2018, 08:40:22 PM
 #2363

On my own opinion, Bitcoin can really secure especially in our future lives because as we can see right now, Bitcoin helps us to provide our daily needs and provide some of our desires. Bitcoin helps us gain a lot of money that we don't expect that we receive that. Bitcoin also helps us save money for our future and helps us to secure and change our lives forever.
UCHCHILD
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April 10, 2018, 03:58:41 PM
 #2364

Absolutely bitcoin is a really secure currency since users have their on personal wallet and security keys and its not easy to hacked them for hacker, its hard to steal them. Bitcoin is more secure than mostly existing financial services .No doubt many online banks got hacked in past but this bitcoin currency have high and technical security .
xuuy7
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April 12, 2018, 08:27:29 AM
 #2365

Bitcoin is very secure, and now, with multiple features and different types of wallet availability and features, this has become more secure unless we are careless.
signup01
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April 12, 2018, 08:36:05 AM
 #2366

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
that's one of the weaknesses of our own bitcoin security issues that can take security precautions against what we have, if you convey it surely everyone will be more vigilant and meticulous in investing
BitcoinMarketer39
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April 12, 2018, 08:39:49 AM
 #2367

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 it is secure because there are a lot of people today who are already wealthy by just investing on bitcoins back when the price is very cheap, and those who did not invest before and never thought that the price will increase this high are now regretting and envy to those new wealthy gentleman.

george888055
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April 13, 2018, 10:38:35 AM
 #2368

Bitcoin’s technology can be trusted so long as you know how it works, or if you rely on the right people. All of the thefts in recent years have been the result of carelessness on the part of bitcoin owners, or else incompetency or dishonesty from the companies they used
jerowacik
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April 13, 2018, 11:53:38 AM
 #2369

Dealing with btc is a risky business. Price fluctuations can happen any time of the day, and security breaches are still commonplace
wilsonwilly1
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April 13, 2018, 11:55:17 AM
 #2370

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.
Boknoyz
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April 13, 2018, 11:59:33 AM
 #2371

The security and safety of our account mainly depends on how we manage it. We have to be very careful on choosing our password, think of something that's hard to access, also beware of spreading your email address onto different online registration forms as some of those are used to get informations to hack accounts.
Milo Hill
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April 13, 2018, 03:41:44 PM
 #2372

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.
Clifford Lee
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April 13, 2018, 03:43:18 PM
 #2373

Yes it is safe as it gives the owner complete control of an asset also bitcoin cannot be manipulated on exchanges
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April 13, 2018, 03:44:15 PM
 #2374

Bitcoin is very secure, and now, with multiple features and different types of wallet availability and features, this has become more secure unless we are careless.
Indeed, Bitcoin is really secure; especially when you are a private person who will keep their account s from other people. Thus, the assurance of security of your Bitcoin is depends on you.

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Danglen1010
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April 13, 2018, 07:20:52 PM
 #2375

Yes because Bitcoin wouldn't be end. I believe that Bitcoin will maintain its stability in the market. One thing you can't secure in bitcoin is your investment in trading.
Your success in trading is depend upon on your knowledge and strategies on how you win.
MDEVIL
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April 13, 2018, 07:40:02 PM
 #2376

Yes,it's safe. Bitcoin is a digital currency. Bitcoin never end.so don't thinking, invest now and earn money. Now you can use bitcoin in anywhere.
Olga1111
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April 13, 2018, 08:04:15 PM
 #2377

It depends on how you hold your bitcoins, If you put your bitcoins in online wallets, you keep bitcoin in a risky way that is not secure. So to be secured, put your money in the wallet where you have the secret key.
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April 13, 2018, 08:39:46 PM
 #2378

Bitcoin is too tight and it does not get any hackers at all. we can really say that bitcoin is secured because bitcoin is very important here to make money so it's so secure. and it's very important that you also secured your account by password, you should lengthen your password for others to not know.
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April 13, 2018, 11:30:06 PM
 #2379

Bitcoin is not safe regarding value as it goes up and down every day, causing many to fear and fear their investment when deciding to choose Bitcoin to invest. But regarding security, Bitcoin is safe now, no one can break it or be able to hack it.
greg0rioo
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April 13, 2018, 11:31:38 PM
 #2380

When investing in bitcoin i can earn a huge profit but no one guarantees my safety. Bitcoin is digital money, besides the benefits it brings, it also has risks like phishing and hacking. I think the bitcoin is not safe.
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