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Author Topic: Is bitcoin really secure  (Read 3095 times)
susuberuang
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February 11, 2018, 08:31:18 AM
 #361

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 view of the transparent bitcoin technology and its powerful P2P technology proves that bitcoin security is stronger than other digtial currencies.
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February 11, 2018, 11:08:55 AM
Last edit: February 13, 2018, 10:04:48 AM by Yakult
 #362

To be honest, everything on the internet is not secured, scams are everywhere. There's no such thing as secured, even banks are being hacked sometimes.  Security is part of the risks that you need to take when investing on coins. Even if you are very careful, sometimes bad things will have to happen.

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February 11, 2018, 11:30:38 AM
 #363

If I invest privately on bitcoin it is very safe. because bitcoin is a very global investment place. So from that money people invest their money in bitcoin.
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February 11, 2018, 11:31:19 AM
 #364

of course safe. The technology behind it is very well thought out. cause people to think they're insecure. because they do not know how to protect themselves from phising attacks. If you do not know how to provide security on the Internet, all environments are unsafe for you.
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February 11, 2018, 12:46:33 PM
 #365

Yes.but over time and the progress of computers will be a serious threat to Bitcoin.
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February 11, 2018, 12:55:02 PM
 #366

yes its secure,,you can invest in bitcoin and it will ba save
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February 11, 2018, 01:36:22 PM
 #367

I think bitcoin is very safe, because it is a place where we invest long term and it gives us a lot of good income and benefits in our lives. Bitcoin is becoming increasingly popular because of its high security, and this is one of the best reasons for the popularization of Bitcoin.
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February 11, 2018, 01:44:16 PM
 #368

I think bitcoin is very safe, because it is a place where we invest long term and it gives us a lot of good income and benefits in our lives. Bitcoin is becoming increasingly popular because of its high security, and this is one of the best reasons for the popularization of Bitcoin.




For me bitcoin is very safety if you invest a money because many persons invest and become a rich so if you thinking if why people invest a big money with bitcoin because bitcoin is very high pricing and its very safety and secure.like other people hold it in a longterm way because in the future bitcoin will be expensive and its very good for investing.

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February 11, 2018, 01:59:02 PM
 #369

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 so far I dont experience yet any security issues about bitcoin. All my money that I invest was secure and still complete. So I dont think bitcoin is easy to hacked, or maybe it is the choice of wallet that you are going to use. You should use the one that is trusted by any bitcoin holder cause it means that it has been tested by a lot of people. And to full secure your money in bitcoin , you should first secure your personal information.
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February 11, 2018, 02:06:53 PM
 #370

Bitcoin is secure enough when you following this few easy tips:
1.Never dowload anything suspicious
2.Never click on any links
3.Use different wallets
4.Use different passwords

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February 11, 2018, 02:30:13 PM
 #371

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, you do not need to worry because bitcoin security is more secure than banks and credit cards.
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February 11, 2018, 02:34:28 PM
 #372

If I invest privately on bitcoin it is very safe. because bitcoin is a very global investment place. So from that money people invest their money in bitcoin.
For me it's a yes, bitcoin is really secure and for the long time that bitcoin is running all people are very trusting bitcoin because there money with bitcoin is really secure and bitcoin is really helping a lot of people to be rich in the future.

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jeraldskie11
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February 11, 2018, 02:46:30 PM
 #373

Bitcoin is really secure because you own the private keys so that no one can steal, manage or control your bitcoins. But there are many kinds of wallet, two of them offline(cold) and online wallets. Offline or cold wallets are the most secure wallets because you are the only one can manage your bitcoins. And online wallets are not so secure wallets because they can control your account if they want so you need to choose wisely before putting funds in the online wallet. Therefore, the security of our bitcoins is depends on our action that we take.

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Man From The Future
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February 11, 2018, 03:37:56 PM
 #374

Bitcoin is not safe. There have been several high profile cases of theft involving millions of dollars worth of Bitcoins. As far as I know, stolen Bitcoins have never been recovered. It shows that bitcoin's security hasn’t been guaranteed yet.

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Similificator
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February 11, 2018, 03:59:01 PM
 #375

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, if you try to compare it with anything else in this world, bitcoins are probably more secure and safer. Even more secure than your own relationship to be honest and safer than your heart in the hands of your partner. lol.

But seriously though, I really mean it. What I have said earlier. Which was bitcoins compared to other things I know about nowadays, is so much safer, more secure and definitely are more trust worthy. But even so, like any other great things in this world, there are risks or catches. And the things that really differentiates successful crypto users to failing ones is how they weigh these pros and cons to get the most benefits from bitcoins. In short, everything entirely depends on you. Yes, even security and number or profits.
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February 11, 2018, 04:00:39 PM
 #376

Bitcoin is digital money used for the transfer of instant and secure value anywhere in the world, not controlled or issued by any bank or government,
Open network managed by its users,
The core Bitcoin protocol can be seen by anyone, has been examined by thousands of security researchers around the world,
Using bitcoin is similar to using other personal apps on the internet, such as email or online banking,
Currently bitcoin is very popular and very safe because of the many people who invest in Bitcoin, Because bitcoin seems very good, and bitcoin in the future looks very promising, and also good for the long term, so I think personally, bitcoin is very safe.
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February 11, 2018, 04:36:00 PM
 #377

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.,

Definitely, Bitcoin is safe and secure. If you are pertaining to the ability of Bitcoin to be hacked from your wallet, then I must say it has possibility of 1%. But if you keep it secured and safe, then you dont have to be worried. If you are also talking about the vurnability of Bitcoin in the stock market, we all know that Bitcoin is volatile, it increase and decrease over time. You just have to be watchful on the market and know when to sell or buy. Still, bitcoin is safe to invest and secured to buy or sell.

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February 11, 2018, 05:51:56 PM
 #378

I think Bitcoin has a strong security depends on how to save your btc .. and must be careful to keep your private key safely in order and not to tell anyone, you also do not need to save Bitcoin in exchange ..

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February 11, 2018, 07:14:39 PM
 #379

There are certain platforms that are trustworthy and allow you to trade BTC. There are also a lot of ways to create a wallet. The safest should be a so called paper wallet but it’s also most complicated. I think that almost all e-wallets are safe as well.
Is BTC a safe investment? - Well, if you mean that, then you just have to take a look at the chart. Such a volatility shows that nothing is safe there.
So it depends what you mean by safe? There are a lot of legit companies and possibilities to exchange and trade BTC, if you meant that. But it is a highly risky investment for sure!
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February 11, 2018, 07:51:30 PM
 #380

Bitcoin is very safe. Hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. if you follow some basic security practices. don’t keep all your money in a single wallet, keep all transactions within the blockchain, use multiple signatures in organizations in order to ensure a single person cannot compromise the funds, and have a plan to ensure that relatives can retrieve the money in the event of your death. don't lose your password. Do not tell your passwords to anyone.
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