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Author Topic: Is bitcoin really secure  (Read 3095 times)
Singbatak
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March 12, 2018, 06:16:10 AM
 #621

The best is to create ways to prevent your money sitting in a vault from being taken out. They separated this concept of Hot wallet for day to day spending and Secured wallet for your savings.
perto01
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March 12, 2018, 06:18:46 AM
 #622

You need to be very careful how you use your bitcoins and how you use your private keys. The only best is to keep your private keys PRIVATE. You don't go around showing your passwords.
jeanne513lefe
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March 12, 2018, 08:21:08 AM
 #623

Bitcoin itself is indeed secure. I think what you are asking is whether the transactions of cryptocurrencies are secure. Well, based on my personal understanding, currently most exchanges are centralized, which means all your funds are stored in one single platform. No matter how secure the platform claim it is, all it needs is one successful hack for all funds to be stolen. Which is why the [Suspicious link removed]munity is working on developing decentralized or hybrid exchanges.
FurDich
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March 12, 2018, 09:32:25 AM
 #624

Bitcoin is really secured. The transaction system is very fast and nobody can track this.Even government can't track its transaction.
I agree with you, Bitcoin have a security that I think is being monitored that is why no one could track any transactions. I can also say that bitcoin is secure because they are strict regarding their rules and regulations that's what makes it secured.
Freddie Aguiluz
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March 12, 2018, 10:12:26 AM
 #625

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

I think bitcoin is secured, and he is right, it is very fast and nobody can track this. So I think bitcoin will surely be the future's currency. But as of now only few country uses it, only few people knows it so maybe this is the perfect time to invest on it.
RKSummer
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March 12, 2018, 02:55:52 PM
 #626

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, bitcoin is really safe and secure. Its nature tells it so. It is decentralized, so no one can take control, even the government and the transaction is anonymous.

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budiarmed
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March 12, 2018, 03:09:21 PM
 #627

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 for transactions because it is centralized, bitcoin is also the strongest coin and will not be easy to lose, and it will make bitcoin safe for investment.

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March 12, 2018, 03:11:35 PM
 #628

Bitcoin per se is secured, more secured that financial institutions. wallets are what is being hacked and not secured. So there is really a need to invest on hard wallets which will keep your bitcoins safe.
The Bitcoin network and the blockchain technology is very much secure and cannot be manipulated even by the creator himself at this moment, Not even the CIA and the NSA are even able to manipulate it at this moment.

 
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March 12, 2018, 04:57:16 PM
 #629

Yes!! Bitcoin is really safe n secure!! It's totally safe in your hands if you use quality wallets and they are kept securely password- protect.

Blockchain technology is a highly secure, systematized and organized mechanism.

But as a BTC holder what you need to do is save you passwords in secret place and try not to share them even with your family unless the situation demands so!!
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March 12, 2018, 05:00:13 PM
 #630

The security is fantastic but it does put the onus on you to protect your private keys and take necessary precautions like moving assets to cold storage as soon as you can. While bitcoin itself is very secure cyber thieves have become more sophisticated in their scams and unlike with a traditional bank you'll have far fewer options for getting those funds back.
Cherylstar86
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March 12, 2018, 05:22:38 PM
 #631

Yes!! Bitcoin is really safe n secure!! It's totally safe in your hands if you use quality wallets and they are kept securely password- protect.

Blockchain technology is a highly secure, systematized and organized mechanism.

But as a BTC holder what you need to do is save you passwords in secret place and try not to share them even with your family unless the situation demands so!!

Exactly buddy, bitcoin is really secure since it was started. Bitcoin is really awesome having a high standard of security that can benefited by everybody here in bitcoin community. Somehow we can't assure everything is security in terms of your own credetials which migh hack by those hackers here. I would say to make thing secured in terms of your security especially when you have a huge amount of shares I suggest to buy a hardware wallet because it will totally secured your private informations that you are the only one can access your private informations.
BitcoinPaw
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March 12, 2018, 05:47:33 PM
 #632

Bitcoin is secure enough but you should be careful anyway because your money can be stolen if you using same passwords and downloading different malware.

Xardasim
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March 12, 2018, 06:47:26 PM
 #633

Bitcoin is most trustable compare to cash money and your debit or credit card. Of course, the reason such a feature that it can't be hacked. In the meantime, according to the news i read somewhere, the way of  hacking chance, it equals the probabbility of one over billion precent the meteor will hit the Earth.
Best Dreams
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March 12, 2018, 10:28:36 PM
 #634

Yes!! Bitcoin is really safe n secure!! It's totally safe in your hands if you use quality wallets and they are kept securely password- protect.

Blockchain technology is a highly secure, systematized and organized mechanism.

But as a BTC holder what you need to do is save you passwords in secret place and try not to share them even with your family unless the situation demands so!!

Exactly buddy, bitcoin is really secure since it was started. Bitcoin is really awesome having a high standard of security that can benefited by everybody here in bitcoin community. Somehow we can't assure everything is security in terms of your own credetials which migh hack by those hackers here. I would say to make thing secured in terms of your security especially when you have a huge amount of shares I suggest to buy a hardware wallet because it will totally secured your private informations that you are the only one can access your private informations.
Most of the people likes bitcoin just because it is more secure than any other currency, so it is good to buy bitcoin and hold for the long time without any fear of lose bitcoin is safe if you are aware of the bitcoin holding, it is good to use bitcoin wallet after you invest in bitcoin, bitcoin had a lot of online and offline wallet but the main wallet that is being use now a day is the blockchain wallet which is reliable to use and easy to hold it, we can easily carry our bitcoin for the long time anywhere in the world, but if we have wallet to put our bitcoin in to it, no hacker can dare to hack your bitcoin in the wallet.
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March 13, 2018, 03:26:37 PM
 #635

bitcoin is currently very popular and very safe because the number of people who invest in Bitcoin very much. because it looks very good bitcoin prices, and bitcoin in the future looks very promising. If they know about bitcoin to get many benefits. and also good for long term to get more bitcoin, so I think bitcoin is very safe. The only not secured ia that your bitcoin accounts might be penetrated with hackers and stealers.
Boh manok
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March 13, 2018, 04:47:33 PM
 #636

If I say very safe I still do not agree because there is no safe investment, all investments have risks but depending on the risks that must be received big or small, but I think this bitcoin does not have big enough risk for the assets we have because if we keep the data safe enough then we will be able to reduce the risks that will arise.

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March 13, 2018, 05:45:55 PM
 #637

Bitcoin is more secure that our normal money on our bank accounts or even you money in your pocket!  Grin If you know how to work with it you can't be worry about anything.
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March 14, 2018, 03:37:54 AM
 #638

Yes, it is secure.. Bitcoin will only be vulnerable if someone hack your computer. Even the most secure account will be hacked if they can access your personal stuff. Most of the time, the victim of hacking is because of the victims error. It shouldn't be blamed to any technology or any security apps, they are to blame because of lack of knowledge and also those hackers who just want to take people stuffs and taking advantage of the weak.

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March 14, 2018, 04:00:04 AM
 #639

It's definitely one of the most secure assets you could choose because it's controlled by you and only you.
Note that we're not talking about the security of an investment in terms that its value will not plunge into the sea of nonexistence, but about the security from theft. repossession and seizure is also theft in my dictionary, so there's that Tongue
No government or bank can simply take it from you. Even if you're a criminal they'll have to force you to give it up, like they forced Ross. You can't lose it as you could lose a gold coin, because you can make multiple backups and store them in various places.
Absolutely correct! As compared to fiat money bitcoin is more secure. No one is secure of their money in a bank, nor even in their own locker. There are lots of possibilities one could lose their money but with bitcoin, the chance is lesser. One's bitcoin security only depends on oneself. Just be smart enough and watch from the hackers.
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March 14, 2018, 04:07:55 AM
 #640

Bitcoin is secured enough, but we have to be very careful with our passwords our money might be stolen  so used hard protected passwords but be sure bot ti forget it.
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