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Author Topic: Is bitcoin really secure  (Read 2916 times)
Frederick21
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April 12, 2018, 03:36:35 PM
 #881

The virtual currency is safe, what can not be said to be safe to the total are the wallets or brokers that use it to make the exchange.
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April 12, 2018, 03:53:00 PM
 #882

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Off course yes, bitcoin is really secure and safe, for the long time that bitcoin was running there are now a lot of people became rich and change there life very well, because bitcoin is safe and secured, and bitcoin is really secured because we are the only one are able to used our bitcoin.

iged_war
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April 12, 2018, 03:59:46 PM
 #883

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Off course yes, bitcoin is really secure and safe, for the long time that bitcoin was running there are now a lot of people became rich and change there life very well, because bitcoin is safe and secured, and bitcoin is really secured because we are the only one are able to used our bitcoin.
bitcoin security not only from the built-in features form developer. but this is also influenced by how we keep our wallet from people who want to steal. always save seed key in secure place.

MoneyIsDebt
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April 12, 2018, 04:16:23 PM
 #884

When compared to the real currency then arguably bitcoin safer. Maybe that's what makes people are also interested in investing in the crypto because both feel safer.
Unless you are well-known in technology, I do not think that bitcoin is very secure to ignorant users. if you want to secure your money with bitcoin, you need to know what to do with technology and the computer. Your computer will be harmed if you do not know how to use it correctly
No one said that bitcoin is secure and safe to invest at, as we know that it is really risky and no one will prove that our money would be secure and that we cannot incur loss, when a matter of fact we can incur loss anytime depending on our capacity how much we are going to hold.
I believe that the bitcoin is really secure becuase bitcoin still here and it is really getting more popular  because of uts amazing features i think if we put basis about the popularity and its capability we can really say that this bitcoin is really secure because if it is not secure maybe bitcoin will not become popular and  maybe no one will use ,invest and trade this kind of digital things.maybe people saw that bitcoin is really secure and trusted that is why it is now really getting more popular.
Topaz72
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April 13, 2018, 05:56:01 PM
 #885

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Off course yes, bitcoin is really secure and safe, for the long time that bitcoin was running there are now a lot of people became rich and change there life very well, because bitcoin is safe and secured, and bitcoin is really secured because we are the only one are able to used our bitcoin.
Exactly no one can put any doubt on the security of bitcoin because bitcoin is really safe and secure currency, gradually bitcoin is experiencing very good and huge price which is making it safer and stronger with time, as if we look at the price of bitcoin new and new ups down comes but it is standing at is was bitcoin has become stronger now as there are a lot of wallets and the best ever technology is the blockchain, so for me bitcoin is safe and sound currency.
Crazygreek
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April 13, 2018, 06:50:30 PM
 #886

Bitcoin making your goods secure and it's very good. People losing money and goods because of their own mistakes. At my opinion people just need to read stuff about scammers.

Webetcoins
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April 13, 2018, 07:07:31 PM
 #887

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
As far as i know, bitcoin is secure but it is not safe hackers. If a hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. But to prevent that to happen, make multiple accounts and wallets. Also, just keep your accounts private even to your family and friends. Do not tell your passwords to anyone. In that way, you can secure your bitcoin as well as your money.
Well if we talk about security of an account or wallet there's a posibility but we can secure it in our own way.
In other reason for hacking is just the one who has in titled in wallet will be the one also if they have an error.
If that would happen we can't secure our safety for that.
About security, it’s all up to you to keep it secure or not. Bitcoins are saved in your wallet in digital form that is controllable and you can transact any time. If you open your password in public places they may be able to reach into your wallet by typing that password and will hack your transactions and all the coins will be going to the hacker. Whatever you need to do id to keep your account secure is the security.
amwer
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April 14, 2018, 06:06:20 AM
 #888

no thing on the internet is really secure bitcoin or other things ; black hackers always renew their abilities to attack any system ; if we spoke of security on the net we spoke about percentage 90% 70% ! 100% doesn't exist.

MarjorieZimmermanGinger
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April 14, 2018, 06:48:29 AM
 #889

that's right and I think bitcoin and other virtual currencies are safe at the same time. but if anyone loses it's self-pity that is not careful in doing transaction or other

teeevnglst
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April 14, 2018, 07:00:21 AM
 #890

I dont understand your point.Do you mean its security against external threats? Yes, it does have a outstanding security for hackers and threats but protecting your passwords is required.or Do you mean its safety or assurance investing in it? This is crucial because investing  on something shouldnt be asked to random people this depends on you whether you put some effort and time in it.You are the only one that can answer that.

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April 14, 2018, 07:01:08 AM
 #891

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

The bitcoins is pretty much secure for me because there are no people that van hacked the system so they cannot destroy bitcoins and thet do not even know who is the person behind the bitcoins thet just know the name but they donnot even know if that even exist. Yes there are some malfunctions and some issues but those are from the wallet creators that is none of the bitcoins business. So for me bitcoins is still super secured it is up to what wallet you use
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April 14, 2018, 08:03:32 AM
 #892

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Honestly bitcoin was secure but it depends on us if how do we keep it to make in a private way so that It can never be hacked by an enemies or an abusive people.
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April 14, 2018, 08:39:35 AM
 #893

Bitcoin is as asset and it has store value which means as years pass by the value of bitcoins keeps on increasing, the bitcoin network is a decentralized network and so bitcoin network is not controlled by any third party only the users have complete control over the bitcoins, all the transactions are transparent as the transactions are recorded in the public ledger called the block chain technology which can be viewed by all from any where in the universe with internet. In times of financial down turn in the country bitcoins can be used to recover the situation which means bitcoins can help to uplift the economic conditions of the world.

Tungsten-1
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April 15, 2018, 07:37:37 PM
 #894

Yes bitcoin is really secure Because technology running behind it is blockchain technology, and algorithm which it is operating SHA 256 which is very very very difficult to hack. Let's have model of How blockchain works ---
For example -- I have my public key and private key with me. it means i can only have access of sign in / signup of an account. If somebody want to hack my bitcoin transactions than he/she needs to have 5/6 super computer with him, this won't be possible.
The security and privacy provided by bitcoin is totally unquestionable. People are attracted towards it just for the sake of privacy and freedom it provides to them, nothing else. This new technology got much popularity because it provides all authority to the investors and this is why governments are against it. They cannot control the wealth of people when it is in the form of crypto currencies. Bitcoin is hell safe.

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April 16, 2018, 04:35:35 AM
 #895

Bitcoin is not really secure beacause as we all know that  bitcoin is decentralize that is why  government has no protection for it unlike the other banks.However,you are the one who responsible in making your own bitcoin wallet  so must thing to do is choose the right and better bitcoin wallet.
besides that government is still looking for ways to keep it under control, so until now it has not been legalized. but i am sure the government can not deny technological developments, and will find for solutions

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April 16, 2018, 05:44:35 AM
 #896

I think the security is in the hand of the users, we can not deny that the technology is controlling us, other bank experience and facing in hacking problems even though their are secured and legalized by government compare to Bitcoin that's not centralized and not legally to other country , we are the liable and responsible for our security.
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April 16, 2018, 06:00:42 AM
 #897

I think people who know bitcoin but are afraid to invest in bitcoin because bitcoin is very risky but we need to take decisions and choose those risks to change lives with bitcoin. bitcoin will definitely keep growing well when it needs to be patient and it has been proven from year to year whose value is always increasing

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April 17, 2018, 01:54:14 PM
 #898

I think security in bitcoin depends on us. How strength our passwords. And it is not safe in hackers. Even banks with high security can be hacked what more our wallet secured only by passwords. Just hoping i will not be a victim of the hackers coz i am just trying to earn extra income.
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April 17, 2018, 02:00:05 PM
 #899

Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

The security of your coins will be always depending on the wallet you are using to hold your coin because there are different coins out there and a lot of exchangers and markets that can hold your coin but still the security is a must because they have different level of security system on their site.

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April 17, 2018, 02:03:21 PM
 #900

The bitcoin protocol will be updated, and in the future it will become more private and reliable. There will also be support for  turing-full smart contracts.

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