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Author Topic: Is bitcoin really secure  (Read 3109 times)
slyfox
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February 17, 2018, 09:11:06 PM
 #481

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 and secure in its technology which is as it should be, everything else depends on the user, remember we are our own banks, when you put your money in a bank they are the ones in charge of most of the security in your account but with bitcoin your responsibilities go up and you are the only responsible if you happen to lose your coins.
Bellator
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February 17, 2018, 10:28:18 PM
 #482

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 and secure in its technology which is as it should be, everything else depends on the user, remember we are our own banks, when you put your money in a bank they are the ones in charge of most of the security in your account but with bitcoin your responsibilities go up and you are the only responsible if you happen to lose your coins.
Well we can really simply put basis on bitcoin popularity, if we talk about safety I believe that bitcoin is really safe because bitcoin is still now getting more popular and trend as the best asset of gaining a huge profit it bitcoin is not safe maybe no one should tend to believe and trust on it and it maybe fall from the past,but we now see that bitcoin is rising and it is slowly moving up high that is which really believe on bitcoin and it's capability to give us a huge income.

jademaxsuy
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February 17, 2018, 11:39:09 PM
 #483

Yes, bitcoin is more secure than any life insurance services. It involve encryption of data that could be decrypted for years which means it is so difficult to cracked down bitcoin. That is why that there are many investors putting their money in the botcoin system rather than any investment. Since bitcoin is trusted, secured and at the same the time a bigger rate of success to profit with bitcoin. And its popularity now became high throughout the whole world.
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February 18, 2018, 12:01:28 AM
 #484

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 and secure in its technology which is as it should be, everything else depends on the user, remember we are our own banks, when you put your money in a bank they are the ones in charge of most of the security in your account but with bitcoin your responsibilities go up and you are the only responsible if you happen to lose your coins.
Well we can really simply put basis on bitcoin popularity, if we talk about safety I believe that bitcoin is really safe because bitcoin is still now getting more popular and trend as the best asset of gaining a huge profit it bitcoin is not safe maybe no one should tend to believe and trust on it and it maybe fall from the past,but we now see that bitcoin is rising and it is slowly moving up high that is which really believe on bitcoin and it's capability to give us a huge income.
It doesn't mean that as the popularity of bitcoin is going up then the security of bitcoin is assured because it is opposite because we can expect more hacks on the security if the bitcoin is popular because it will become the target of the hackers and they will just find some vulnerability and they will execute their hack.
yamete kudasai
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February 18, 2018, 12:19:46 AM
 #485

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 and secure in its technology which is as it should be, everything else depends on the user, remember we are our own banks, when you put your money in a bank they are the ones in charge of most of the security in your account but with bitcoin your responsibilities go up and you are the only responsible if you happen to lose your coins.
Well we can really simply put basis on bitcoin popularity, if we talk about safety I believe that bitcoin is really safe because bitcoin is still now getting more popular and trend as the best asset of gaining a huge profit it bitcoin is not safe maybe no one should tend to believe and trust on it and it maybe fall from the past,but we now see that bitcoin is rising and it is slowly moving up high that is which really believe on bitcoin and it's capability to give us a huge income.
It doesn't mean that as the popularity of bitcoin is going up then the security of bitcoin is assured because it is opposite because we can expect more hacks on the security if the bitcoin is popular because it will become the target of the hackers and they will just find some vulnerability and they will execute their hack.
Yes it is safe and secure but be alert because sometimes there also sites that pretending and look alike with this site which is bitcointalk.org we should be alert on logging in because theres a phishing site that can hack your account. And you dont want it to happen.
andika2018
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February 18, 2018, 01:10:24 AM
 #486

I think so far bitcoin is safe and secure. But we should beware and caution on phising link that sometime send on our email. I am believe as long we hold our private key and not clik ramdom link, our bitcoin is secure
faceoff97
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February 18, 2018, 01:26:08 AM
 #487

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.,

No investment offers full assurance. Just like other normal investment bitcoin might fail. Investing on bitcoin take a lot of courage, its same thing as taking the risk. Make sure that you'll just invest fund you really are willing to lose. Bitcoin might fail anytime and instantly. Though there is a probabilty that it might happen, I personally still has the confidence on bitcoin.
tats14
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February 18, 2018, 01:34:14 AM
 #488

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.,
Im not sure about my answer but my opinion is yes, bitcoin is really secure and safe to use based on my knowledge or research, it cannot been easily hack because i know that bitcoin has a very smart or very professional programming or I T specialist in it.

mklost
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February 18, 2018, 09:06:00 AM
 #489

More secure than a bank I worked for one.
WannaCry
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February 18, 2018, 09:21:15 AM
 #490

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 can say yes because I can keep my money secure for a long time. It is a long term investment that would provide us a long term assurance and security. A lot of people chose to store their earnings in bitcoin because it is actually safer to put our money there than in banks nowadays.
playful69
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February 18, 2018, 10:29:05 AM
 #491

as a stakeholders become interested in the success of bitcoin, the system more secure, as increasing significant resources are being devoted to closing security holes and thoroughly vetting any proposed changes. since most people are not specifically trained in computer security, Coinbase can manage the bulk of security measures on your behalf.
dhrazzen
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February 18, 2018, 10:33:24 AM
 #492

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 secured and safe to invest for a long period of time. No one could trace the transactions and the money you earned or hold in bitcoin. You can also used the money for future purposes or emergency cases. So,  it is a good idea when you invest your money in bitcoin. There is also a tendency to pump nor dump your money because of the bitcoin price.
Ikay
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February 18, 2018, 10:33:50 AM
 #493

thats why bitcoin have blockchain software system it can secured and monitured all transactions that use by blackchain no one can hacked you but there is posiblity to scam you even its have that kind of issue bitcoin is more than secured with that system, it can manage all the things that transact with bitcoins or all coins even tokens who use blockchain thats why no one can handle btc even the government.
umar22pk
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February 18, 2018, 11:13:11 AM
 #494

No doubt about it…

Bitcoin is a secure crypto currency, because it has been transferred  from one person to other without interference of any third party.
But it also depends on your wallet if your wallet is secure then your bitcoin also secure.
MrZ28s
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February 18, 2018, 11:17:10 AM
 #495

I trust bitcoin security. All transactions are also transparent so there is really nothing to worry on bitcoin itself. Possible dangers are unsecured wallet and your backs which is actually an issue on all online stuffs.
wolfgang56
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February 18, 2018, 12:16:30 PM
 #496

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 thin bitcoin is not that really secure especially when you use an online wallet to store it because it can be hacked by anyone who has expertise on computers and internet. And I think transactions in bitcoin can still be found.

aysg76
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February 18, 2018, 12:31:54 PM
 #497

I trust bitcoin security. All transactions are also transparent so there is really nothing to worry on bitcoin itself. Possible dangers are unsecured wallet and your backs which is actually an issue on all online stuffs.
Undoubtedly, I found bitcoin to be the most secure means of a transaction as it prohibits the intervention of any third party into it. There's no interference from anybody else as it is directly transferred from one person to another. Also, the security of bitcoin depends upon the wallet which is being used while making up the transactions...

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josephpogi
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February 18, 2018, 01:24:14 PM
 #498

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 always secured my bitcoins through online wallets. And I may say that it is safe .But be more aware with the people you trust online make it sure that those are trusted. You always check your accounts ,dont ever try to open in some laptops and computers.
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February 18, 2018, 01:32:36 PM
 #499

i think bitcoin is more secure than others Smiley
Of course bitcoin is very very secure even now. Because so many people is using this bit coin to earn money
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February 18, 2018, 04:51:01 PM
 #500

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 really depends upon how safe and reliable wallet one is using as there are many online wallets which provide Various security Wallis and protects fishing and hacking but if not then you are prone to more risks. Avoid keeping your coins in online wallets but prefer offline more because security is the main point of concern which we have to take notice of it.
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