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Author Topic: Is bitcoin really secure  (Read 3095 times)
jeje28
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February 06, 2018, 02:06:42 AM
 #301

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.,
i believe bitcoin safe because they are not safe many people of disbelieve but because they believe it helps them live like I wasn't me social wage but I believe it is safe.
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jbarcenas18
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February 06, 2018, 01:40:13 PM
 #302

yes Bitcoin is secure because btc units are virtually impossible to duplicate but there are also some imperfections and weak points that can be exploited by hackers looking to steal btc for their own good.

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February 06, 2018, 01:44:38 PM
 #303

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. ☺
If you have your own computer, even if that bitcoin wallet is logged in for a lot of days it will not be hacked. Maybe if you went into a cafe which is renting PCs to be used and you forgot your logged in account there, that will not be hacked but being irresponsible. Hackers cannot hack that easily bitcoin wallets because if they can do, bitcoin will never reach such price heights.
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February 06, 2018, 02:00:48 PM
 #304

Of course, bitcoin is really secured. i think hackers have not been able to break in the system of bitcoin.
but for hack your wallet thats is possible, bitcoin will become more secure by your self, do not give your private key and password to anyone.
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February 06, 2018, 02:07:32 PM
 #305

I think bitcoin is not really 100% secured, it always depends on your transaction and how you run you bitcoin or your bitcoin wallet. Many bitcoin wallet is already secured, I think it is the most secured than the other cryptocurrencies. Just always be extra careful to the hackers and scammers, I think here in bitcoin it is hard to trust somebody when it comes to transaction because there is always a bad guy that wants your bitcoin or sometime they will hack your account and get all your money in your bitcoin wallet. Let us be extra careful to have a peacefully transaction here in bitcoin.
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February 06, 2018, 03:29:37 PM
 #306

Btc is safe and secure means of investment one can rely on as it has proved itself in the market from past few years it has gained trust of people from all of the world and the live proof to state that it is secure is the increased market value of bitcoins as the market value of btc is completely based on the trust that is being build by the people within it.If you are some who trust on the stock and share market or real estate business then you should also trust on btc as it is also have some alike feature in the market.At certain point the stock/real estate market rise and sink same way the value of btc also go up and sink aswell but the only difference is that it does not take much time for this market to recover.

munify
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February 06, 2018, 04:08:48 PM
 #307

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 even safer than saving in the bank. What you need to consider is the risk of bitcoin, because the bitcoin price is unstable. Consider before you decide.

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spiritbreaker18
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February 06, 2018, 04:21:54 PM
 #308

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.,
Well, I don't think so that it is safe. Bitcoin is just a computer thing, so meaning there is big possibility that it can be hack and manipulated by the hackers. 
Cryptophorus Columbus
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February 06, 2018, 11:09:02 PM
 #309

For what I know, no hacker can crack the bitcoin code, so in this sense is completely safe (of course, if you lose your private key, you are done....).
As investment, as you can see in these days, is very unsecure: you can make big profits, but you can make also big losses.
So, it depends what level of risk you want to accept.
alexmuro
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February 07, 2018, 12:07:23 AM
 #310

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 depends on how you secured your bitcoin. There are wallet out there that are very trusted and are secure. Its really up to us how we protect our bitcoin. We are our own banks, so we should know how to protect it from hackers.

If you are lured by bitcoin, then you should learn all about it. Specially wallets to keep you safe and secure. Everything that is about money needs to be protected right? Bitcoin is no different. And far as those people who have lost their bitcoin, there's no one to blame but themselves. Bitcoin shows us avenue to make money, but if you are too lazy to protect it, them eventually someone will get it from you.

Yes, you're right. Bitcoin is more secured, but it depends also on how you protect your account. You may change your security passwords every week and other settings, to prevent from hackers.
Wipangga
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February 07, 2018, 12:31:44 AM
 #311

Bitcoin is absolutely safe for everyone, both in investments and transactions, for me you have to do to secure your wallet, so no one can access your personal wallet, so till now bicoin is getting popular all over the world.
Because for them bitcoin is very easy to get more profit and also very safe.
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February 07, 2018, 01:36:11 AM
 #312

If we are going to talk about the security of bitcoin we could say that it is secure enough for us to have a form of investment and make a profit with the used of decentralized transaction yet there is always a limitation for bitcoin security. Because day by day there could be a new problem that could took over that may have a glitch on the system of bitcoin. But development could also take place that could help bitcoin to cope up on this future scenarios.
Dawnpercy19
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February 07, 2018, 02:23:02 AM
 #313

Yes i think bitcoin is secure bitcoin is safe for everyone because bitcoin it help you to get more income and you may earn money here
jaycobe24
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February 07, 2018, 02:26:18 AM
 #314

Yes bitcoin is reallly secure because is so very safe to us and bitcoin is help to gain more income and invest your money.
YzzyGo
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February 07, 2018, 02:30:06 AM
 #315

There is no guarantee in bitcoins. That is why there are risks when you enter it. You will have to be prepared to lose when you do. If you want safety and security, put your money in a bank.
MarkusIsaiah
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February 07, 2018, 07:53:07 AM
 #316

I think yes because for almost 4 years that i used bitcoin it never happen that i got scam. I think it is all up to you of you are a responsible people you will and think before you act then there is nothing will happen.
arief89
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February 07, 2018, 08:02:56 AM
 #317

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.,
I think it's very safe to invest in Bitcoin because as long as I invest in safe bitcoins only, because bitcoin security is highly tested and sophisticated ...
So anyone who invests in bitcoin will feel safe ...
but back again to you want to invest in bitcoin or not ? ? ? If in doubt do not need to invest in bitcoin ...

repsol
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February 07, 2018, 08:04:56 AM
 #318

I think bitcoin is really safe, big risk in my opinion not from security but from bitcoin price that can not be predicted, at this time I lost a lot because bitcoin price keeps going down, I hope the price go up

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bololord
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February 07, 2018, 08:34:42 AM
 #319

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 secured. I used bitcoin and stored it to online wallets .And as far as im working with this bitcoin nothing happens to be scam by some people. Even we know that the value of this bitcoin is changing. And make it sure that dont log in your account in such computer shop or someone you really dont know.
drew314
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February 07, 2018, 09:41:24 AM
 #320

For me bitcoin is secure but not that so secured, it can still be hacked by someone, or the bitcoin system is destroyed. If you are worried about your bitcoins, all you can do is to trust bitcoin. When you invested to bitcoin, you also accepted its being volatility and the risk that every downfall may continue and never recover again.
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