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Author Topic: Is bitcoin really secure  (Read 3111 times)
Usafstar
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February 09, 2018, 07:39:38 AM
 #341

Yes i agree with the opinion of so many writers in the forum they have said that bitcoin is secure and if you are using a secure exchange i think the bitcoin is secure all the big investors have invested much of their income and they know the importance of this currency due to which they have invested in this currency beside all this the people are using bitcoin for personal transactions as well. We have seen that people get salaries from companies for online jobs.

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ShadowBits
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February 09, 2018, 07:44:15 AM
 #342

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, for me, yes. Bitcoin is highly secure, but it is always up to you if you want to make it secure. Some people loses their Bitcoin because of forgetting their PV keys or something.
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February 09, 2018, 07:52:11 AM
 #343

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 no doubt about this things,the most secured electronic currency now..the only problem about te security of this coin is when it was transfered to our wallets or storage.this is the onle problem that bitcoin holder facing,this is the target of hackers since bitcoin is secred in blockchain...
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, for me, yes. Bitcoin is highly secure, but it is always up to you if you want to make it secure. Some people loses their Bitcoin because of forgetting their PV keys or something.

Not just forgetting their Private keys,but more of being hacked or scammed,this is the most reason why bitcoins gone from the owners.
goku1525
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February 09, 2018, 11:48:14 AM
 #344

Yes i agree with the opinion of so many writers in the forum they have said that bitcoin is secure and if you are using a secure exchange i think the bitcoin is secure all the big investors have invested much of their income and they know the importance of this currency due to which they have invested in this currency beside all this the people are using bitcoin for personal transactions as well. We have seen that people get salaries from companies for online jobs.
Some hackers attempt to hack bitcoin but they did nothing,  because of their intense security. That's why many people invest in bitcoin because they believe it won't fall. Using a bitcoin it can transact in easiest way than other and also ive seen a lot of potential in crypto.
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February 09, 2018, 11:59:54 AM
 #345

If you know how to take care of your Bitcoin then I can say it is really secure, I mean Bitcoin is using Blockchain technology which is next to impossible to penetrate, I think the only way for you to lose your money in Bitcoin is your negligence not securing your Private keys and wallet or getting scammed. Just take care of your wallets and private keys, don't open in unsecured network or computer and for sure you'll be fine.

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February 09, 2018, 12:06:46 PM
 #346

Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.

Yes,  nobody can trace the transaction even the government that is why bitcoin is more secure than banks.   Your investment are safe as long as your password are safe too.

Xising
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February 09, 2018, 01:22:45 PM
 #347

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 really can’t say that cryptocurrency is 100% safe and secure in all regards. Hackers will stop at nothing to steal cryptos in any possible way. Hence, holders must follow all the safety protocols in order to avoid security breach. Even so, the probability of system glitches is always present. Decentralized exchanges aren’t safe as well. Take etherdelta.com for example, where hundreds of thousands have been stolen. So basically, cryptocurrency is pretty secured but there are still some unforeseen occurrences which are beyond our help.
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February 09, 2018, 01:41:36 PM
 #348

Technologically, and for the moment being, it has given strong proof of being able to sustain massive attacks and survive the forks. It is as safe as your keys.

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February 09, 2018, 01:43:28 PM
 #349

Of course bitcoin is secured. It has a feature where nobody can access but you. You keep and store it on a right and very reliable electronic wallet. Bitcoin is a trusted crypto currency. Its features and benefit has already been tested and we have seen numbers of rich people through hardwork in bitcoin. It is secured that has been existing for a long time already.

There is a lot to be said about wallets. I dislike hardware wallets and the like as they implement another layer of unknown to the whole process. Best to have you priv key secured somewhere else.

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February 09, 2018, 01:45:36 PM
 #350

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, for me, yes. Bitcoin is highly secure, but it is always up to you if you want to make it secure. Some people loses their Bitcoin because of forgetting their PV keys or something.
All of the thefts in recent years have been the result of carelessness on the part of bitcoin owners, or else incompetency or dishonesty from the companies they used.
ghost07
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February 09, 2018, 01:54:16 PM
 #351

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.,
For me yes bitcoin is very secured in my case i dont expirience hacking of my bitcoin account but other altcoin has. Bitcoin maybe has high security that work to make sure all accounts are secured.
Shamburis
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February 09, 2018, 02:06:41 PM
 #352

BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
As i found about bitcoin that this very strongly secure if you the person who have bitcoin is really smart and know how to be secure your bitcoin as a bitcoin holder.

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February 10, 2018, 06:05:07 AM
 #353

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 Bitcoin is more secure than any other thing. In Bitcoin no one can track your transaction. Not even your government track your transactions. I was started investing in BTC before two years. Since 2016 to 2018 after spending two years in BTC, I was not facing any kind of trouble of hackers or anything else. It’s transactions also very fast. And most importantly it’s in your hand how to manipulate the account. If you regularly take precaution, then you don’t need to take too much tension.
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February 10, 2018, 06:07:10 AM
 #354

It can't be hacked with computers of our current technology level due to the decentralized storage of data and thousands of miners that are keeping it secure. Hacking 1 miner won't work, the hacker needs to hack all of them at once.
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February 10, 2018, 10:44:54 AM
 #355

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.
If we only talk about the security of the bitcoin, then bitcoin is no doubt very much secure and there is no way to breach the security of the bitcoin. However, there are certain things associated to that of bitcoin which is affecting the reputation of bitcoin to some extent. The trading exchanges that you use can be scammed and as a result of which you can lose your bitcoins. Other than this, your own account can be hacked which can result in huge loss.
logicgate
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February 10, 2018, 02:34:01 PM
 #356

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.
Yes, there are things which need to be improved for the betterment, here my I just want to make one suggestion for the authorities to make the official list of all the websites which are authorized to deal on their behalf with the names of the countries in which they are operating, because by doing that they will do a lot of favour for the new comers and the trust will also boost up for those who are already doing the transactions.
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February 10, 2018, 02:48:39 PM
 #357

i think bitcoin is safe, but pc, bitcoin storage wallet and the way we conduct unsafe Bitcoin transactions.we must be careful this.
mharz
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February 10, 2018, 03:04:11 PM
 #358

Security of bitcoin was depending on the holders, sometimes it was safe to the intruders sometimes are not. Because most of the hackers are wants to gain high amount that's why they trying to steal the amount of others. But I believe that bitcoin will become more secure if they make or used alphanumeric password or else used special character in creating password.
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February 10, 2018, 03:59:15 PM
 #359

Yes, Bitcoin is high secure. Bitcoin getting more popularity because of it's high security. And Bitcoin is decentralize coin. This one of the best reason of Bitcoin popularity.
@minajeryll
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February 11, 2018, 08:00:39 AM
 #360

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, I think it is secure. I don't hear any complains yet, so I think it is very secure. The trust and money that we invest are worth it.
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