Dudeperfect
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February 04, 2018, 03:59:49 PM |
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If you are concerned about the security of holding in Bitcoin then it is definitely risky to hold your wealth in it because Bitcoin is still in the development phase and no one sure what is going to happen in the future so it will keep fluctuating and you will see difference in the value of your wealth kept in bitcoin.
However, if you are talking about Bitcoin as a technology then Bitcoin is really secure and no one can brute force private keys. You must hold your funds in a secure wallet such as offline wallets maintained in a secure environment. Holding funds online has a risk of compromisation of the database (including your private keys) on the server side.
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trickyriky
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February 04, 2018, 05:43:56 PM |
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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 more secure that fiat money or credit cars, but it is still not very much safe. Hackers can get Bitcoin wallets and steal BTC.
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Carlsen
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February 04, 2018, 05:50:33 PM |
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Security begins with the owner of bitcoins. You need to be careful with your coins, because once they are gone, you won't get them back. The computer can be compromised, the private keys on your usb-stick stolen by a so called friend, you can send your coins to the wrong address. Everything above can be avoided when you work carefully and cautious.
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pitiflin
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February 04, 2018, 06:10:15 PM |
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Well there are various ways that attackers can invade your security and change your details. Bitcoin on its own is secure but the wallets and exchanges, that people use to send and receive is bitcoin however is not secure enough. So you may end up losing your money due to stupidity, lack of knowledge, poor security for your computer.
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shamimal93
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February 04, 2018, 06:11:45 PM |
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Definitely bitcoin is secure. Nobody can track this. Bitcoin is more safer than other currencies.
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umar22pk
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February 04, 2018, 06:35:05 PM |
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No doubt about the secures of bitcoin, but you also have to make it secure. There is no involvement of any third party…so your bitcoin is safe, but you must have to use more secure wallet & keep their password or keys private to avoid stolen.
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Cryptoproff
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February 04, 2018, 06:59:25 PM |
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Bitcoin is very safe, as long as you keep your private key safely no one will be able to steal the bitcoin from you. You should print it and put into safe.
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torch2121
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The revolutionary trading ecosystem
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February 05, 2018, 09:24:50 AM |
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For me yes. It is secure. Because it is not powered by government. Just a point of view.
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badykvik
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February 05, 2018, 10:55:25 AM |
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The confidentiality entrusted with Bitcoin security is never to be compared with any other business, esp for those who are more perfect in securing their wallets from hackers, like mixing their coins timely and encrypting their wallets with strong paraphrase which devoid and prevent these seeds eaten birds from accessing. Even, few Government parastatals and lending Institution are already utilizing Bitcoin as over-site transaction currency to compensate their workers or subscribers according to their patronage level.
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Orino Suimuri
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February 05, 2018, 10:59:22 AM |
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Nothing is totally secure on this planet, let alone in the world of money and investments. Bitcoin can lose its value, it can be banned by governments, someone can steal your private key... But with a little care, it's not difficult to prevent this kind of trouble.
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nikko14
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February 05, 2018, 01:40:26 PM |
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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.,
We cant say that bitcoin is safe, because they are many hackers that is trying to phish some accounts of the users.But if you are careful enough it is safe.
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microwave
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February 05, 2018, 01:48:29 PM |
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I think bitcoin is very secure because so far they don't have any issue about bitcoins secureness. In addition some people are investing and some are not because may be those people who wants to invest in bitcoin are people that have a strong personalities that ready to take the risk because we all know that investing is risky. But for those people who don't want to invest, I can that they have a weak personalities because they are afraid to invest. It is only my opinion
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Tagabukid69
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February 05, 2018, 01:51:20 PM |
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I don't have any idea, In my own speculation, bitcoin could also be hacked, There are many people who claims they were hacked so possibly bitcoin is not secure,:)
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lunnatic
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February 05, 2018, 02:29:39 PM |
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Not really secure if people who didn't save their bitcoin in the safest wallet. Like today many people who often keep their bitcoin on one of exchange for a long time will make their bitcoin where it is not safe we do not know what will happen to the exchange.
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dvillier
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February 05, 2018, 06:08:04 PM |
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Yes bitcoin is really secure. This is proven by the user of the bitcoin, because from the start and until now I not heard that the bitcoin wallet of any user hacked by any expert hacker. I also doesn't hear that Any strong Government get information of their people involving in the bitcoin. It mean no body can theft your bitcoin and no body can get information of your account even the government too. And it proves that bitcoin is really secure.
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Bar Beta
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February 05, 2018, 07:01:32 PM |
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Bitcoin is secure in perspective of current banking system Well it is not true because banking is totally different than bitcoin because in bank your income will not grow much high but in bitcoin it will give you high profit, it is time for you to get in bitcoin and then wait for the long time to so you will see bitcoin is getting high. Now bitcoin is not only strong but safe and secure as well, for bitcoin safety there are a lot of wallets and these online and offline wallets are securing bitcoin.
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Masongrae
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February 05, 2018, 11:43:35 PM |
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Maybe yes, maybe not. Yes cause Bitcoin is in your account that only you can be access (you have your password). But what if you forgot to log it out, hackers are everywhere which is not safe... Be alert always. ☺
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tumokatok
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February 06, 2018, 12:26:26 AM |
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BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
really a transaction in bitcoin or trading with bitcoin so far I'm safe there are no obstacles whatsoever, and if there is the theft of your assets I think it's from their own fault that does not secure their private key
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gwapo.zylle
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February 06, 2018, 12:50:36 AM |
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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.,
If some people invested in bitcoin just like me it means they teust bitcoin and for sure it is secure because they have seen future in bitcoi. It is hard to trust but once you teust it means you can get good from it. I do believe that bitcoin is secure and usefull for everybody. Eventhough the price of it is not stable but their is possibilities that it will rise.
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Rooster101
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February 06, 2018, 01:20:05 AM |
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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 must follow good security practices to make your bitcoin secure from any kind hacker or bitcoin related thefts. Those holders who lost their bitcoins is a result of not following the standard procedures in securing it. Improper security and negligence on the part of the holder or exchanger should always be avoided when storing bitcoin especially for long term hold. On the part of the bitcoin network and its currency, it is to be said already proven secure, functional and efficient. The bitcoin holder, on his/her part, should protect its fund by following a good security practices.
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