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Author Topic: Is bitcoin really secure  (Read 3095 times)
Sled
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February 03, 2018, 12:23:10 AM
 #261

In order for the hacker to hack bitcoin, they must hack all miners in the whole world at once. So that is impossible.
Even though they hack all the miners in the world then it will be still impossible for them to hack bitcoin because bitcoin has an algorithm that is perfect as of now for securing its self because the blockchain has a great encryption that it needs a quantum computers before they can literally hack bitcoin which is not possible right now.
nakamura12
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February 03, 2018, 01:03:02 AM
 #262

Bitcoin is secured if you know how to keep it safe especially when trading bitcoin just like my friend after trading he did not receive his money anyway it's his fault for not providing the required things to do but bitcoin is safe in your hands only you could make it safe because it's your own wallet and account, bitcoin is secured many unemployed are now rich.
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February 03, 2018, 01:16:38 AM
 #263

There is nothing perfect in this world, if anyone says that 100% bitcoin secure then it is excessive, if we store bitcoin in offline wallet then it does not guarantee that hardware is not stolen or experienced technical problmes.

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February 03, 2018, 05:55:27 AM
 #264

I think it is indeed secured. Because if not, it wouldn't be able to go this far and attract more people to invest here. It seems more secure since you were able to manage your money and monitor it everytime you want just by using your mobile phones, and any other means.
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February 03, 2018, 10:28:47 AM
 #265

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's security and its system is self has proven its credibility throughout its existence from when it started but the only threat regarding security related in bitcoin that I can see are more of external factors which regards to its transactions and users exposed to threats of hacking and phishing wich I think is the responsibility of everyone and not a flaw to be blame on bitcoin.
Yeah bitcoin is most secure currency at that time no one can check into your money and the most common threat to the common paper money is it can be looted and robbed but in bitcoin there is no such kind of possibility at all and more of it some people say that it is electronic money it can be hacked the answer to them is simple the security protocols are highly un breakable and no one can take away a single part from others investment.
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February 03, 2018, 11:44:32 AM
 #266

Bitcoin is surely secure. The credibility of BTC has been proven since it stays still and more people come patronize it. If it was said not to be safe, then people wouldn't atleast choose it in the first place.
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February 03, 2018, 11:50:48 AM
 #267

Yes I think Bitcoin is a secure crypto .their is no reason to question the secured ness of its transaction .I am the one who will testified that bitcoin is a secured in a investment and on its transaction .
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February 03, 2018, 11:54:49 AM
 #268

Bitcoin is as safe as a crypto can be.
As said above, nothing in the world is secure.

Altho i would always trust more my home's security than my computer's  Grin.

I guess that's why in many people's mind, cryptos will never be able to entierly replace the money system  Wink.



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February 03, 2018, 11:58:32 AM
 #269

I think it may secure because it using block chain technology which is very much popular at present world. I think future world will run with blockchain technology and bitcoin will be number one exchanging currency.
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February 03, 2018, 12:02:17 PM
 #270

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 long as there are people who become a millionaire I think bitcoin is secured for now but still we should be alert or aware of the things that might happen because we don't know if the people are we're meeting online is true or not.

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February 03, 2018, 12:10:12 PM
 #271

I think it's not that safe since it is in the web. Your btc address might get hacked because of suspicious links. But bitcoin is more secure than those in banks since it doesn't have a physical card. You only need an internet for accessing bitcoin. It doesn't have tax so many people still use it.
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February 03, 2018, 12:50:35 PM
 #272

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 for me because I have heared some stories of my friends that because of bitcoin it goes to successful life.In that case probably it is secure because it is proven many times. Aside from they can get cryptocurrencies and converted into money form, they can have values to wear the most important.
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February 03, 2018, 03:48:11 PM
 #273

If you mean anonymity, I can tell you that it has never been completely anonymous, that is to say that your transaction data will be exposed in one way or another towards the government regulation entities (if they are very high figures). However, within the world of cryptocurrencies it is one of the safest.
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February 04, 2018, 05:56:24 AM
 #274

we never understood it would be safe or not on Bitcoin, maybe if compared with others, if in the form of investing in Bitcoin would be safe.
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February 04, 2018, 11:46:58 AM
 #275

Bitcoin security can only be done by yourself. If you do not understand security, it's not safe for you.

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February 04, 2018, 12:09:16 PM
 #276

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.,

In my own thought as long  bitcoin is still there,working into the global economy, i believe that bitcoin is  still secure and you must also believe in yourself,that bitcoin can help you to make  your dreams come true. In my own experience i been trusting in bitcoin that is still realy safe and secure to make an investment or other kind of transaction in cryptocurrency.

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February 04, 2018, 12:20:23 PM
 #277

I think bitcoin and other cryptocurrency are not really secure. There so many hackers and scammers that want to get your bitcoin or other cryptos. So its up to you how to secure your bitcoin.

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February 04, 2018, 12:29:17 PM
 #278

Considering the security and transparency of blockchain technology, i believe that having holdings in Bitcoin is secure, because till now there was security issues with the exchange not with the coin itself.
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February 04, 2018, 12:29:46 PM
 #279

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 not safe as long it is intangible and needed to be online to have some transaction.
your bitcoin is always at risk . because hackers continue to Upgrade.

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February 04, 2018, 03:29:55 PM
 #280

Bitcoin is secure if you take normal precautions. No hacker can change the blockchain.
But, of course, an hacker can attack your computer, or can change somewhere your address on a site.
And, of course, it can lose 100% of its value.
But, you know, nothing if totally safe on this planet. :-)

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