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Author Topic: Is bitcoin really secure  (Read 3108 times)
jeruk nipis
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April 10, 2018, 05:32:41 AM
 #861

When compared to the real currency then arguably bitcoin safer. Maybe that's what makes people are also interested in investing in the crypto because both feel safer.
tbterryboy
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April 10, 2018, 06:01:38 AM
 #862

I believe bitcoin is really secure once we do transactions everytime our identity is hidden or it is anonymous. This is the most likes by many about bitcoin it can do fast transactions anytime. We have many ways to keep our btc in wallet to have it safe and secured by saving in a offline or online wallet.
Keeping in view the security of Bitcoin is the most important thing. If anyone asks the disadvantage and risk of Bitcoin then the only disadvantage and risk of Bitcoin is its security. If you are not secure then you are at risk and if you are secure then you are safe. How secure is your wallet is the real question so that you take care of your wallet and do not reveal your password. If you are not keeping the password secure then you are insecure that is the only insecurity of Bitcoin which is in your own hands.
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April 10, 2018, 08:57:14 AM
 #863

In my mind bitcoin is very safe now. Even these hackers who wants to hack your account or some wallet, they will do everything, but without your private key , they could do that.
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April 10, 2018, 09:16:25 AM
 #864

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 all depends on your thinking, whether bitcoin is really safe if I think bitcoin investment can be said to be safe if investors invest some or all of their assets in bitcoin time low price and sell time high price. and also whether or not they can secure assets in their wallets.
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April 10, 2018, 09:37:40 AM
 #865

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's 100 percent secured well maybe we can't erase the word risk , risk is a part on investment , and bitcoin is really safe because it's a decentralized coin , so yes it is safe and secured you can assure that you have a great future on the near future.

 
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April 10, 2018, 09:38:01 AM
 #866

I think Bitcoin is safe to do transact or invest. But we must remain cautious of the perpetrators of the theft of our personal data. Because all systems must have loopholes and shortcomings. But until now I feel good with Bitcoin.
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April 11, 2018, 04:03:56 PM
 #867

It’s available anywhere with immediate access and Bitcoin is dispersed that’s why it is preferable.

                   
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fasdorcas
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April 12, 2018, 10:53:03 AM
 #868

In my mind bitcoin is very safe now. Even these hackers who wants to hack your account or some wallet, they will do everything, but without your private key , they could do that.
Mistaken about the security of Bitcoin as you said without password they can do that but they can not     even on any side. They tried their best and are trying every day and night but can not hack someone’s    transactions because Bitcoin is perfect.

It totally depends upon your private key, how secure is your wallet? And it is unambiguous about every other online business, keeping password secure means account and transaction is secure.
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April 12, 2018, 11:39:49 AM
 #869

Bitcoin is secure...  You dont need to worry about...  That system here is private... The transaction happen here cannot be traced even the government... But there are a lots of scam related in bitcoin but not the bitcoin itself...  There are a lot of people who get scammed in BTC especially in investing...  But if you are wise enough you will never be part of it...  Bitcoin is really great so expect that.... But until now if you didn't do anything or if you didn't get fool easily still BTC is the most safest form of crypto... But just always be careful and trust BTC as well...

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April 12, 2018, 11:42:52 AM
 #870

Only at first glance the possession of bitcoin looks hidden from others. In fact, by transactions and wallets, you can identify the identity of large owners.

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April 12, 2018, 11:53:30 AM
 #871

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.,
As far as i know, bitcoin is secure but it is not safe hackers. If a hacker wants to hack your account or wallet, that hacker will do everything that he can to hack your account or wallet. But to prevent that to happen, make multiple accounts and wallets. Also, just keep your accounts private even to your family and friends. Do not tell your passwords to anyone. In that way, you can secure your bitcoin as well as your money.
Well if we talk about security of an account or wallet there's a posibility but we can secure it in our own way.
In other reason for hacking is just the one who has in titled in wallet will be the one also if they have an error.
If that would happen we can't secure our safety for that.

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April 12, 2018, 12:37:20 PM
 #872

Yes,  bitcoin is secured because you are holding your investment,  nobody can access it as long as you hold your password correctly. Better keep your information private even with your relatives.
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April 12, 2018, 01:09:37 PM
 #873

Yes bitcoin is really secure Because technology running behind it is blockchain technology, and algorithm which it is operating SHA 256 which is very very very difficult to hack. Let's have model of How blockchain works ---
For example -- I have my public key and private key with me. it means i can only have access of sign in / signup of an account. If somebody want to hack my bitcoin transactions than he/she needs to have 5/6 super computer with him, this won't be possible.

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April 12, 2018, 01:54:49 PM
 #874

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 really safe and secure because it has different programs not easily be hacked but ofcourse it is based on how you manage your coins and not really be fooled by hackers.

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April 12, 2018, 02:39:32 PM
 #875

This is very hard to say. With a market that gives you a lot of profits when investing in it, do you think it's safe? If you take the risk to make a profit then you invest, otherwise you should not invest. This is very difficult to answer.
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April 12, 2018, 02:41:57 PM
 #876

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 surely secure. The transaction that bitcoin made is very safe and also you're holding your qallets and your password that nobody would ever know.



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April 12, 2018, 03:02:08 PM
 #877

When compared to the real currency then arguably bitcoin safer. Maybe that's what makes people are also interested in investing in the crypto because both feel safer.
Unless you are well-known in technology, I do not think that bitcoin is very secure to ignorant users. if you want to secure your money with bitcoin, you need to know what to do with technology and the computer. Your computer will be harmed if you do not know how to use it correctly
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April 12, 2018, 03:13:18 PM
 #878

When compared to the real currency then arguably bitcoin safer. Maybe that's what makes people are also interested in investing in the crypto because both feel safer.
Unless you are well-known in technology, I do not think that bitcoin is very secure to ignorant users. if you want to secure your money with bitcoin, you need to know what to do with technology and the computer. Your computer will be harmed if you do not know how to use it correctly
No one said that bitcoin is secure and safe to invest at, as we know that it is really risky and no one will prove that our money would be secure and that we cannot incur loss, when a matter of fact we can incur loss anytime depending on our capacity how much we are going to hold.
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April 12, 2018, 03:36:35 PM
 #879

The virtual currency is safe, what can not be said to be safe to the total are the wallets or brokers that use it to make the exchange.
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April 12, 2018, 03:53:00 PM
 #880

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.,
Off course yes, bitcoin is really secure and safe, for the long time that bitcoin was running there are now a lot of people became rich and change there life very well, because bitcoin is safe and secured, and bitcoin is really secured because we are the only one are able to used our bitcoin.

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