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Author Topic: Is bitcoin really secure  (Read 3109 times)
posoa
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January 21, 2018, 05:24:22 PM
 #61

Yes bitcoin is really secure  and safe to use reliably without fear. The blockchain technology is specially design to be  use through the internet , as a wallet  to help protect the  bitcoin. With it, bitcoin is more save and secure  than banks. It also help to protect your account from a third party, and all your personal  informations are not handled by anybody as a staff of a bank. The most important thing to do is to secure your bitcoin private password from every body including friends and even family members to avoid your bitcoin from been stolen.
bajigur894784
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January 21, 2018, 05:46:54 PM
 #62

Yes of course, bitcoin really secure. but, If you not understand the ins and outs of Bitcoin, you can be an easy target of deception. many irresponsible people see this condition as an opportunity.

many claim to be bitcoin managers, but it turns out to be fraud. If you become an investor who does not understand about bitcoin, you could be stuck in a fraud case with a mode like this.
logicgate
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January 21, 2018, 06:03:57 PM
 #63

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.
  Bitcoin is no doubt very much secure in terms of not getting steeled, hacked or any other thing like that. Only the owner of bitcoin can use the bitcoins in any way he wants to use those bitcoins as he is the one who actually knows the private key which he can use to sell or spend his bitcoin. In addition to this, the transaction process of bitcoin is also very much secure. There is no need to worry about loss of money or anything like that.
AK47-
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January 21, 2018, 07:06:27 PM
 #64

Well depends on what your definition of secure is. BTC being the most popular and valuable crypto currency has the most raw computing power of all the other currencies so it's practically impossible to beat BTC blockchain and hack it. But you need be extra careful when dealing with wallets. Hardware wallets are secure but there have been numerous hacks and stealing cases of wallets. So distribute your money in different wallets, don't use the ones regularly getting hacked and if you can but hardware ones, then nothing like it.
Dread Pirate Roberts
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January 21, 2018, 07:25:14 PM
 #65

Personal experience bitcoin will be safe if we are really clean from the gap of the possibility of hack.
such as a virus-infected computer, the activities we do on the internet and how we manage the crypto wallet.
the most important thing is how to keep the main wallet completely full of security.
by providing f2a and various other safeguards it will greatly increase the security of the wallet itself.
plaintiff77
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January 21, 2018, 07:27:58 PM
 #66

Bitcoin is secure if mean about hackers online as long as you wont give your personal information as well as your bitcoin wallet password in sites that are not trusted so that they dont have a chance to hack your bitcoin.Also you must be careful in everything you will do because hackers are everywhere.
TutorShow
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January 21, 2018, 07:57:50 PM
 #67

bitcoin use blockchain and no one can hack it.
p2p make connection safety and very security.
miners check from all operation and make it confirmed.
ivanst776
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January 21, 2018, 08:03:10 PM
Last edit: March 02, 2018, 08:54:16 PM by ivanst776
 #68

Nothing is secure in the internet, you should follow the updates that developers make.
Similificator
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January 21, 2018, 08:23:40 PM
 #69

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.,


You know what op, i honestly think that bitcoins are actually far more secure than fiat. I really do. Just a little research about bitcoin will really tell you that it truly is very secure. After all, this is one of the reasons why it was made and why a lot of people are into it. So don't worry. The only thing you should worry about is how to get your hands onto this great coins. How to keep them from getting lost , or just simply worry about the links you click and sifes you access.
plenumetnormous
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January 21, 2018, 08:42:13 PM
 #70

BTC by itself is a secure currency but its dealing maybe safe or not. It depends on where, with who or when you use it. Any trnsaction must be planned and studied as much as possible without loosing the opportunities, diving or not diving all or part of your assets in attractives investments. Always check before opening your wallet!
francojon
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January 21, 2018, 09:36:45 PM
 #71

BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.

Bitcoin is safe, but lately is much less decentralised that it used to be and there is an architectural problem to it: Forks. Those make bitcoin value and sometimes safety quake.
crisanto01
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January 21, 2018, 09:46:05 PM
 #72

BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.

Bitcoin is safe, but lately is much less decentralised that it used to be and there is an architectural problem to it: Forks. Those make bitcoin value and sometimes safety quake.
Why we can say that it is really secure? Well, as a matter of fact hackers have tried but have not been able to break in the system of bitcoin, although they can hack our wallet. The only risk that we are seeing from bitcoin aside from the security is its price too volatile which means we can't really sure about it since a lot of considerations took place with it.
sister1001
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January 21, 2018, 10:31:04 PM
 #73

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 technical part is secure, it would have been broken by now if not, but there is always a problem with the account hacking, scammers and thieves. In that sense, is as secure as your computers.
Blue2012
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January 21, 2018, 11:01:24 PM
 #74

Yes, it's high and valuable price is the reason why it's very secure. That is why I guess it is the most trusted. Aside from being secure itself we also need to take parts and be responsible by choosing the right wallet in terms of security.
hshr0h3110world
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January 21, 2018, 11:21:57 PM
 #75

Bitcoin is a decentralized type of money (cryptocurrency). Bitcoin itself can be said to be secure but you need to be mindful of the other aspects such as the wallet system and the transactions. With the evolving threat in the cyber space, it is possible for someone with malicious intent to sniff of track your business with bitcoin. It is also possible for others to gather your wallet informations, such as key, to have an unauthorized access with your wallet then use it as their own. At this age, you need to be aware of such threats most especially when it comes to a digital form of currency.
paul00
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January 22, 2018, 02:29:45 AM
 #76

Yes bitcoin is really secure and it is depend on you on how will you keep and use your bitcoin because a lot of stuff there are scam just make a little research first before entering on an investment so you will be assured a little bit.
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January 22, 2018, 02:42:12 AM
 #77

I think bitcoin is really secure if you would just look how it goes so far since it was launched by Satoshi Nakamoto last 2009. Because it grows to a staggering 192,414,337,581$ worth market cap, it is a good testament that move investors are trusting on bitcoin because it is secure.

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lodi123
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January 29, 2018, 05:18:24 AM
 #78

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 because lot of millionaires rich people have invested to bitcoin the us really secure it a cashless currency 
Perseusallen
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January 29, 2018, 05:27:11 AM
 #79

not at all cause Wallets Can Be Lost.If a hard drive crashes, or a virus corrupts data , and the wallet file is corrupted, Bitcoins have essentially been “lost”. There is nothing that can done to recover it. These coins will be forever orphaned in the system. This can bankrupt a wealthy Bitcoin investor within seconds with no way form of recovery. The coins the investor owned will also be permanently orphaned.
St4yInTh3D4rk
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January 29, 2018, 05:49:48 AM
 #80

Yeah,bitcoin is really secured when compared to fiat currency,by means of getting stolen,by means of transaction over internet.But is is really not secured by means of it value.

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