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Author Topic: Is bitcoin really secure  (Read 3095 times)
Ararbermas
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January 21, 2018, 07:54:11 AM
 #41

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 cause no one can detect or track our identity Through our transactions but when it comes to wallets maybe yes its not secure unless you use your private key or you personal information to login in any phising site which is not safe cause phishing site can get our information in simple steps . And that site made by stupid people who want to gain more victim showing some fake proofs and false testimonials so dont easily fall on that stuff mate when you encounter that shit just stay away on it to ensure that your funds is safe. Cause bitcoin is totally safe just be carefull and put your private key in a safe place. 
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January 21, 2018, 07:57:51 AM
 #42

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.,

And tell me, why it wouldn't be? Bitcoin is safe as long as you use it with good purposes, and as long as you are not doing some criminal activities with it.

Bitcoin is money, the same use that you are giving to your US dollars, can be handled with bitcoin too..

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January 21, 2018, 08:06:15 AM
 #43

If you are talking about secure as in hack-proof then yes no one can hack your wallet. Only way people are scammed is when they visit a phishing website and enter their details on that. Also, fake ICOs or exchanges going bankrupt are the only way Bitcoin can be lost or hacked.

If you are talking on investment wise, then no one can guarantee that it is a good investment to put all your money in it.

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January 21, 2018, 08:20:35 AM
 #44

Yeah! I think so.. it is secure even though it is not regulated by any organization or any government as long as you will be careful especially in transacting with bitcoin users..
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January 21, 2018, 08:25:13 AM
 #45

I think there is no such things that will be totally secure. Of course, various scatters associated with Bitcoin, can happen. Therefore, you need to know some rules in order to protect yourself. Your bitcoin is an incredibly valuable asset, and you need to protect it as reliably as possible using all available tools. This means that you need to make sure that the keys to your bitcoin-wallet - your "passwords" - are in the safest possible place. Learn and understand the basic technology and watch for new developments in the field of bitcoin-services.
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January 21, 2018, 08:32:57 AM
 #46

I think bitcoin is save. Because you can handle all of your wallet in your smartphone. And, no one know your privacy

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January 21, 2018, 08:38:04 AM
 #47

Nothing is really secure.
And regarding bitcoin, the factor that causes the biggest amount of insecurity is the person who handels it.
There are many mistakes a person can make. Lose the keys, corrupt the computer, make wrong transactions.
Then there is as well the chance that bitcoin decreses in its value.
But from a technical point of view, I think that the code behind bitcoin is very solid.

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January 21, 2018, 08:46:38 AM
 #48

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.,

And tell me, why it wouldn't be? Bitcoin is safe as long as you use it with good purposes, and as long as you are not doing some criminal activities with it.

Bitcoin is money, the same use that you are giving to your US dollars, can be handled with bitcoin too..

i don't think that bitcoin will be safe just because you are not doing a crime? risks such as price ups and downs, hackers, etc will definitely exist even if you commit illegal transactions or something like that, i think bitcoin will be safe from theft if you can secure your wallet with like 2fa or such, and safe for investment if you know about bitcoin market, with it the risk of loss can be minimized
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January 21, 2018, 08:51:58 AM
 #49

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 if you have a solid wallet that you are the one who hold your private key, If you are going to invest and put the another wallet and also putting in gambling site wallet that's the 100% not sure. So, if i were you don't put too much big amount on that kind of wallet that's not safe for storing bitcoin.
As long as you have your private key the thief could not easily hack your using account so avoid sharing foe those not trusted person it may cause of leak in scamming.
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January 21, 2018, 09:12:59 AM
 #50

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 if you have a solid wallet that you are the one who hold your private key, If you are going to invest and put the another wallet and also putting in gambling site wallet that's the 100% not sure. So, if i were you don't put too much big amount on that kind of wallet that's not safe for storing bitcoin.
As long as you have your private key the thief could not easily hack your using account so avoid sharing foe those not trusted person it may cause of leak in scamming.
Well if the  bitcoin is not really secure maybe we cannot really see it today because no one will invest it and maybe it will really become or maybe go down into the zero value because no one will use it and no one really believes on it that is why i believe in bitcoin because i also here a good feedback from the investors it is really a good way to earn.
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January 21, 2018, 09:28:14 AM
 #51

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 safe and can not be stolen, bitcoin you can use to save your wealth and investment. You just need to keep your wallet key and your bitcoin safe.
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January 21, 2018, 09:49:25 AM
 #52

world is not secure! so bitcoin is not secure too. you have to take actions to stay in secure and also you need some actions for your coins too such as hardware wallet antivirus etc
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January 21, 2018, 09:57:13 AM
 #53

Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.
Bitcoin is safe to invest you will be assured when your money is placed on Bitcoin by the Blockchain system is high security, but we still have to mention the level of risk involved in investing in Bitcoin.
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January 21, 2018, 10:15:41 AM
 #54

I hope that yes, i start in this world last month and hope be secure. I think that yes
Bitcoin is secure when it comes to transaction because it is powered by blockchain technology that support the transaction you would have. But in terms of holding or investment the security of your account or your initial bitcoin depends on the wallet you have and the type of security you have. There is always a lot of room on improvement so we could definitly trust bitcoin system in terms of transactions and as a form of investments.
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January 21, 2018, 10:38:56 AM
 #55

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 if you have a solid wallet that you are the one who hold your private key, If you are going to invest and put the another wallet and also putting in gambling site wallet that's the 100% not sure. So, if i were you don't put too much big amount on that kind of wallet that's not safe for storing bitcoin.
As long as you have your private key the thief could not easily hack your using account so avoid sharing foe those not trusted person it may cause of leak in scamming.
Well if the  bitcoin is not really secure maybe we cannot really see it today because no one will invest it and maybe it will really become or maybe go down into the zero value because no one will use it and no one really believes on it that is why i believe in bitcoin because i also here a good feedback from the investors it is really a good way to earn.
Yes i agree on you i believe that bitcoin is not really getting popular if it is not secure because all investors may not going to invest and all users may not going to use bitcoin and maybe bitcoin will slowly perish and we cannot really see it today maybe it will really going to banned in the past year if it is not secure we can really put basis on the fastiest growth of the bitcoin economy it is really amazing .


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January 21, 2018, 01:06:58 PM
 #56

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.,
Yes bitcoin is secure and safe. Besides, this is the one of the job handle by miners aside confirming every transaction they also secure the bitcoin transaction by making it difficult for anyone to reverse a past transaction by requiring the rewriting of all blocks following this transaction. However, bitcoin is been legalize by some government and sooner or later bitcoin will be mainstream of payment.

The individual that don't invest much into bitcoin are scared of loosing their investment but after bitcoin go mainstream they will wish they could.

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January 21, 2018, 01:10:46 PM
 #57

Do you mean if it's hack-able? In this sense I imagine that not only is it more secure than anything centralized, but it's more secure than Turin complete coins such as Ethereum.


Go a little deeper about Ethereum
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January 21, 2018, 01:12:59 PM
 #58

I think bitcoin is pretty secure, it holds great amount of currency and its mind blowing how people can get rich in an instant
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January 21, 2018, 03:12:20 PM
 #59

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.,
yes it is very secure even the government did not track the transaction where or to whom the bitcoin goes and it is not easy for others to get it from you. So do not worry too much but think twise if you are interested to invest in bitcoin, i'm sure that your money might be grown due to bitcoin.
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January 21, 2018, 03:42:11 PM
 #60

Yes they are secure if you are referring secure as in no one can hack into bitcoin addresses.
But if you are saying secure as in bitcoin wallet, then it all depends on the owner of the wallet.
If you are referring secure to stability, then no. Bitcoin is very volatile.

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