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Author Topic: Is bitcoin really secure  (Read 2800 times)
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April 17, 2018, 02:03:21 PM
 #901

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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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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April 18, 2018, 12:48:15 PM
 #902

I believe that investing in bitcoin is completely safe, we do to get a much better profit.
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April 18, 2018, 12:55:15 PM
 #903

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.,

It's security lies on the fact that its transactions have no paper trail and can be generally done without being tracked. Another one is the means of how it is stored, excluding the high grade hackers that may steal away your wallet information, are generally secured because of the many encryption e-wallets do just to safeguard your account. There are also different means of protection like cold storage and ledgers that could add a cushion of protection for your coins.


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April 18, 2018, 01:27:59 PM
 #904

I would guess bitcoin is more secure than credit cards which appear to have millions compromised on a regular basis without anyone batting an eyelash. Bitcoin would also appear to be more secure than banking, government and assorted financial systems, all of which have been critically compromised numerous times over the years.

Its strange that people question whether bitcoin is secure when the security of our banking, economic and financial institutions could have as many holes as a sponge. With only 2% of americans having used bitcoin or a crypto currency in polls, shouldn't we be focusing more on the security of electronic financial systems the other 98% of people use?
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April 18, 2018, 02:12:32 PM
 #905

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.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
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April 18, 2018, 02:37:05 PM
 #906

Bitcoin is really secure.
digit codes and authentication are found in bitcoin, carelessness is one possible reason for your account to be hacked by someone.
it will be hard for hackers to break in some bitcoin account, even it is now popular.

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April 18, 2018, 03:09:52 PM
 #907

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.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
Yes right, whenever we have a chance to lose, bitcoin value can change very drastically in a short time, this course we must take a good strategy, always monitor price is thing we can do to prevent loss.

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April 18, 2018, 03:11:33 PM
 #908

I think so also that Bitcoin is really secure...  The transaction happening here is totally secret...  No one knows what happening...  It is proven a lots of times...  But still Bitcoin is still subjected not secure at all by a lots of person who doesn't know a lots the flow and function of it...  But we can't change it there are a lots of insecure who are trying to pull down bitcoin and trying to convince a lots of people that BiTcoin is nit secure...  We are hoping that you are not one of it...  Trust Bitcoin...
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April 18, 2018, 03:52:58 PM
 #909

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.,

For my opinion,nope bitcoin is not secured but it has a high potential of earning. Just like all other investments protocol dont pour all you assets on one item that your not sure of for if you lose youll drop hard. Why not invest on small stuffs in minimal amount with different account.
Yes right, whenever we have a chance to lose, bitcoin value can change very drastically in a short time, this course we must take a good strategy, always monitor price is thing we can do to prevent loss.
Monitoring and managing to keep updated is a must, we should never missed out any news or events that might affect the markets increase.

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April 18, 2018, 04:05:51 PM
 #910

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.,

It is secure. We have no problems of lost coins and the like, but the one thing we cannot assure is the price of it because we do not control it. We can assure that it will still exist in the long run because there are many users of bitcoin, and we can continue saving, trading, or mining in the future. There qre wallets that make you assure that it is safe and no one will steal it.

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April 18, 2018, 04:12:20 PM
 #911

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.,

Bitcoin is safe for investment, bitcoin value has the potential to increase and it will greatly benefit. I invest in bitcoin and I think it's safe and will give me an advantage.
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April 18, 2018, 04:14:43 PM
 #912

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.,

Bitcoin is very much secure in my opinion, you just need to make use of a physical wallet for this. Keep the keys at multiple places to remain safe.
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April 18, 2018, 04:24:47 PM
 #913

Actually investing in bitcoin is very promising. But the first person's assumption is that bitcoin is too risky. So their first impression is that bitcoin is not safe. It is true, but they have not proven it directly, have they? Fear is a natural thing. But if you believe that bitcoin prices will increase, then do it without hesitation.

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April 18, 2018, 05:38:32 PM
 #914

When you are not doing anything bitcoin is totally secure. The main problems of scerurity online nowadays are people and their mistakes. Scammers usuing primitive methods but people just forgeting about it.

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April 18, 2018, 06:07:56 PM
 #915

If we are talking about the safety of storing bitcoins, then yes, it is safe if you do everything right and observe all the necessary rules. If you talk about investment safety, then not, cryptocurrency is a high-risk investment.

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April 18, 2018, 06:10:28 PM
 #916

When you are not doing anything bitcoin is totally secure. The main problems of scerurity online nowadays are people and their mistakes. Scammers usuing primitive methods but people just forgeting about it.
well, even though so many hacker, and phishing sites are out there, the bitcoin you have will be safe if you keep it in the right place. such as on hardwallet, or other desktop wallet. but, there is no safe system.

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April 18, 2018, 06:24:26 PM
 #917

Well i guess bitcoin is really secure and safe. Even though theres a lot of scammers out there. Bitcoin is hard to hack. Because bitcoin have the hardest securit feature i think.
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April 18, 2018, 06:57:07 PM
 #918

I think Bitcoin's technology is secure. But i have a question. Can A person who has a lot of money affect the market. Or if this rich man Smiley has a lot of mining device can he affect this
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April 18, 2018, 07:07:31 PM
 #919

yes, bitcoins are very safe, safe for users, safe for storage, even safe to transact, because the government can not track it, as long as it is not a forbidden transaction.
I think it's great, I really believe it.
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April 18, 2018, 07:36:50 PM
 #920

Bitcoin is meant to be fast and exist between his blocks in the blockchain so more secure then this is you own pockets. AS long as you take all your measures of protection against phishing/hacking etc. When we talk about values the blockchain is the most secure sistem in the world.

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