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Author Topic: Can we make sure that our money we invest in Bitcoin is safe?  (Read 4152 times)
nicster551
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May 31, 2018, 03:09:41 PM
 #241

There is no effective protection against hackers. If you want to hack, they certainly do. But it is not profitable economically. So I doubt anyone would hack into your wallet. Hackers are United in large groups and for several years can look for opportunities to access the accounts of the exchange. Therefore, you need to store bitcoins in parts in different wallets.

Hackers do not hack at time patterns, they hack anytime, so the perfect thing we must do is to be ready. As far as your investments are concern with, used appropriate safeguards to protect your asset. Be responsible to your own private keys, passwords, etc. We must be very ready at all times and we should not act whenever we already got hacked. Act now. As what they say, better be safe than sorry. Also some technique teaches us to diversify, do not put all your cryptos in one wallet, scatter them.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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usamamalik555
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May 31, 2018, 04:22:30 PM
 #242

There are always people, who want to invest their money and get more profit and those, who want to steal. As it was already said, you need to be high-secured. Your PC, private keys. In past people paid money for good safety vault to be secure and now you should do the same just with your pc.
PINAGPALA
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May 31, 2018, 04:30:03 PM
 #243

Yes cause blockchain is have a high security than anyone app or what right now so i guarantee you that bitcoin is safe. and its more than safe from bank
chelle5
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May 31, 2018, 04:31:27 PM
 #244

Investing is too risky we all know that, before you make a move try to investigate and read about them and always be careful, choose the right one.

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pallang
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June 01, 2018, 02:58:40 PM
 #245

It's a nice decision to invest your money to bitcoin but before anything else you are the one responsible in keeping your money safe because once you invest you dont know if it will become successful or not so better check the project read in their whitepaper it's background everything about the project to avoid losing your money.

billbear
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June 02, 2018, 09:36:56 PM
 #246

nobody are safed for 100%, it depends on you, your hardware, your PC. there are no safety from hackers, because everything is developing
billbear
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June 02, 2018, 09:37:05 PM
 #247

hi bro, i think it will grows up, not fast as in past, but this crypto is very popular, it grows slowly, don't panik, be optimist
MostafaGamal
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June 02, 2018, 09:47:34 PM
 #248

With the spread of the Spam and Hack in these days it is difficult to make sure 100% that our money is safe, but all exchange platforms and all the Wallets are always working to develop the safety ratio to keep money , and also we can use the Cold Wallet to keep our money .
chichigirl
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June 02, 2018, 11:55:46 PM
 #249

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.

Well,  for me it is safe.  Keep your password because nobody can access your bitcoin as long as the password are also safe.

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centralbanksequalsbombs
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Bitcoin :open immutable decentralized global fair


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June 03, 2018, 12:01:29 AM
 #250

Hahaha LOL

For over nine years no hacker has ever been able to exploit bitcoin's protocol!

Yet everywhere else in the world it seems like every major company or any crypto exchanges get hacked all the time! Shows how insecure everything else is and how secure Bitcoin is. Never trust another company or person with your bitcoin.

Now...if fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.

Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.

Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.

Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.

Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.

All other altcoins in relation to bitcoin are worthless - more on this below;

All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.

Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.


Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).

For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money


Bitcoin, systemically, is free from these limitations and burdens.

marlonbatotoy
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June 03, 2018, 05:55:09 AM
 #251

Nowadays there are so many exchanges that can be trusted but for the beginner it is difficult for their safety because they have fewer knowledge so some investor dont continue investing because of that reason. If there is a site that can teach about crypto world or all about crypto like exchanges how to use it how to buy or sell i know there is a instruction but can someone create a site for that.. So it can make some investor..
doraegun
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June 03, 2018, 06:13:55 AM
 #252

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.


Yes that's true, many people hacker circulated in this world and continuously addition for the purpose of experties. Most of them are newly graduate of information technolgy which is I.T. Investment of bitcoin is really good but we have to be, we hope that we are not the one who the victim of bitcoin hacher were always protecting our wallet and address. We don,t trust immediately to anonymous person or we don't accept immediately to the supicious messages to avoid victims of the people are not good intention to us.

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samcrypto
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June 03, 2018, 06:16:54 AM
 #253

Investing is too risky we all know that, before you make a move try to investigate and read about them and always be careful, choose the right one.

This market is very risky and we must be careful in executing our transactions, we can make sure our money is safe by monitoring our wallet for at least once a week and don't worry as long as you protect all the details of your wallet your money will be safe though it is still not guaranteed since a lot of scammers are here to ruin the system.

javainn
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June 03, 2018, 06:20:38 AM
 #254

Investing is too risky we all know that, before you make a move try to investigate and read about them and always be careful, choose the right one.

This market is very risky and we must be careful in executing our transactions, we can make sure our money is safe by monitoring our wallet for at least once a week and don't worry as long as you protect all the details of your wallet your money will be safe though it is still not guaranteed since a lot of scammers are here to ruin the system.
monitoring all of our assets over time becomes an option because there are now so many harmful crimes. we can use the method to monitor and ensure that our investment in bitcoin is always safe and does not face problems.

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Chronos_angel
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June 03, 2018, 06:35:10 AM
 #255

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.

I will invest my money that I get from bounty, because I think this is the safest way because it does not use family finances.
Lolo gi
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June 03, 2018, 10:03:24 AM
 #256

That depends on what you do. Against hackers you need to learn how to protect yourself on the Internet.
klavyemaus52
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June 03, 2018, 10:17:30 AM
 #257

İ think its but if you can disturb your money  you will disturb risk same time why only bitcoin i don't know  we are have better invest coins like Neo plus if you buy neo you will gain neogas too its best way to do profit i think
ParveZ219
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June 03, 2018, 11:28:22 AM
 #258

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
Yes ofcourse the money you invested in Bitcoin is safe...but i cant ensure your wallet is safe or not as it depends on you how much careless you are about the private key of the wallet or any security protection.
Crypto Mark
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June 03, 2018, 11:36:01 AM
 #259

I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.


We certainly expect all companies to put forward consumer protection. Everything must be governed by firm and transparent rules. We believe in Bitcoin and staff.
bitcoin31
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June 03, 2018, 11:39:38 AM
 #260

It depends to you how to protect your bitcoin from them. Because for me my bitcoin is safe because I have a lot of protection my bitcoin wallet that I use. I suggest don't click suppicious link because maybe you did not know after clicking the hacker get's information to open your account .
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