The reason why Bitcoins is the safest system

[vibingpositively]

The reason I think the Bitcoin system is the safest is because no coins can be created on the whim of a handful of people who decide the monetary supply should be more. That and the immutability nature of the network allows me to feel as secure as I ever have transacting with money. Oh and lest we forget banks track your every purchase and movement as a result, whereas Bitcoin could care less who you are and where you use your money. That level of anonymity is what we need, because we shouldn't be subjected to revealing everything about ourselves, that is pure wrong.

[samuraijin]

if I keep my funds in the bank, I have to trust the bank to hold my funds, if I keep my funds in bitcoin wallet then I am responsible for keeping my wallet and key well, so I choose to save my funds in bitcoin

[makatia]

It is safe because it creates the basis for the profit of the parties, the BTC is quite solid, making a lot of profit for everyone.

[reda]

It is safe because it creates the basis for the profit of the parties, the BTC is quite solid, making a lot of profit for everyone.

Bitcoin is digital currency. So it easy to use all country. It any where to use. It connect the people so people share more information. So this information help to plan to work. Bitcoin is not easy to hack and bitcoin will not share the people persona  information. So it good safe for the person information. But before update any website. Check the website. Some website hack your information and caret the fack id. So know the more information of the bitcoin. It good opportunity for the safe to use and safe to save the bitcoin for the future growth.

[Hirameki]

Bitcoin has unique features compared to traditional banking system. Its a new approach to transacting online. It more secure because the confirmation of data is everywhere in the world. It also avoids double spending where in bank's system still occurs.

[mkhjhv]

Bitcoin's cryptographic principle is similar to that used by many banks, but you need to know that the bank's preventive measures depend on what size bank it is. Some international large banks have stronger security systems than you think. However, Bitcoin is personal, and personal information may be leaked and may be stolen by others. This is why Bitcoin wallets need to be kept safe.

[jcemos9bt]

Bitcoin is safest system it give you full control on your account, it make you have your own bank, transaction process is fast and Reliable, they have a very powerful security system and the allow you to control yours by yourself.

[Kotone]

Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .

First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.

The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.

It's on you how safe you make it .

To me bitcoin is safe because it is anonymous it offers you privacy it offers you protection that we all crave. It is not just convenient or fast or instant it also gives off that it can be put togood use because of the differnt avenues it opens up just by existing. Bitcoin is growing, even its falling is growth because it is constantly unlocking new and new prices and the membership i. This community is growing something that not all currency can say for themselves

[lorapalmer]

Mostly bitcoin is very safe. The only concern is to find a good quality and safe wallet to keep bitcoins there. Hackers never sleep and they constantly come up with some new tricks. So we need to keep a sharp eye on that.

[shesheboy]

Mostly bitcoin is very safe. The only concern is to find a good quality and safe wallet to keep bitcoins there. Hackers never sleep and they constantly come up with some new tricks. So we need to keep a sharp eye on that.

It maybe considered as the safest crypto because bitcoin is verry well known and already proven by the public but keep in mind that bitcoin is still risky when use as an asset or use for trading and investing because of its unstable nature.

but i agree that we should better choose a right wallet in order to give extra security for our bitcoins because as what you said earlier hackers are everywhere and anywhere.we might get hacked if we arent secure.

Thats why it is verry recomended to choose a wallet that is built offline or hardware wallets as they call it because those kind of wallet has a higher security when compared to offline ones.

[Husen Alikhsan]

here are some things that are very good and very bad when will come transact to bitcion. The good side of the obvious thing is that you will remain anonymous as long as you do the transaction but there is also a downside not like our bank transact is very safe according to me personally, because people who can hack and steal your money can be tracked and you can take your funds.But transacting with bitcoin tracking is the most difficult job. Thanks

[satria2]

Bitcoin is said to be safe because up to now no one has ever been able to power all Bitcoins for one person.

[Brookie]

Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .

First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.

The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.

It's on you how safe you make it .

Because they have a collection of wallets that I think are very safe to store bitcoin so that's why their system can be called safe by people.

[Wahyud11]

Because bitcoin does not have a central server and no regulation is regulated, bitcoin transactions can be done at will. Of course as long as you have a bitcoin virtual account or wallet. No taxes will be charged to us, like when transactions through a particular financial institution.

In addition, bitcoin staying digadang have super safe and tight technology. All transactions are transparent and spread to millions of servers. So it is almost impossible for counterfeiting of bitcoin databases.

[sarta afdal17]

We just say that people trust the bank more and it is acceptable to the public and the basis of it is cryptography. (We're just trying to be positive leaving the negatives put aside) and Bitcoin works on the same principal (offcourse it's a modified form) so it can be more believable. For example see bitcoin gold, the latest altcoin shame. it uses the same cryptography and even more it is a bitcoin fork. but not safe at all. there is a recent 51% successful attack. what makes safe bitcoins start with cryptography and then followed by a war system that has been tested and attacked (attack failed) for 9 years.

[Name: Claudio]

You can't say the safest but we can say one way to secure your money when you have big one since no one even your family will never know that you have and you are holding 20,000 dollars in you and your neighbor as well then no one can steal it from you when you are sleeping or away from your room.

[Dswaggers]

Bitcoin is digital and decentralized
Ease of online shopping
Great tool for investment
Duplication impossible

http://fireandsafetycoursesinchennai.in

As many of us believe that bitcoin is the safest system yes tthat is correct..bitcoin is using a high technology in all transaction made and bitcoin is already known from different country infact they already proven and tested by many investor.....And I think people seen the positive outcome or feedback thats why we believe that this is tha safest system.......

[AliMan]

Bitcoin is digital and decentralized
Ease of online shopping
Great tool for investment
Duplication impossible

http://fireandsafetycoursesinchennai.in

As many of us believe that bitcoin is the safest system yes tthat is correct..bitcoin is using a high technology in all transaction made and bitcoin is already known from different country infact they already proven and tested by many investor.....And I think people seen the positive outcome or feedback thats why we believe that this is tha safest system.......

Bitcoin is advantageous than the other system because of its high technology. The technique that is being used is not that easy to hack otherwise the owner is careless of the account. Other than that is bitcoin's security which is being handledused properly to avoid inconvenience and problematic situation.

[2408AAY]

Bitcoin is one of the crytocurrency that attract a lot of investors. What makes bitcoin a safe system is its encryption.

[soplo]

bitcoin is a digital currency that can not be falsified, there we can see that bitcoin is really safe, we can use to invest or shopping online, but still many want to drop the bitcoin from the market, but bitcoin is still strong to rank in the top other coins, we can conclude that bitcoin is completely safe.