The reason why Bitcoins is the safest system

[PLMovs]

I totally agree with you and have no doubt in my mind.. The blockchain technology which is the backbone of Bitcoin is the best and most secure innovation ever...

[Dasinc]

When Satoshi Nakamoto nominal first bitcoins in 2009, mine was a simple notebook and get a block for every 10 minutes as now. The Bitcoin algorithm automatically adapts to the complexity of the cryptographic task that miners have to solve in order to confirm the block and receive the reward, so on average it will always take about 10 minutes to find a single block. The more resources are added to the Bitcoin network, the higher the complexity. It is because of the complexity of the Bitcoin network is the most powerful and most secure in the World.

[bjmpoker001]

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 .

True, the hacked bitcoin wallet is because a human error. It is our wallet, and our responsible to store it safely.
no one can hacked crypto, it is a complicated encrypted system. Except you expose your own wallet on some phishing site or any shady link.

[prediction on bush]

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 .

For me the reason why bitcoin is the safest system is because this is decentralized and the Duplication of account is impossible and this is fantastic tool for investment.

[thegreatdodoy]

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 .

For me the reason why bitcoin is the safest system is because this is decentralized and the Duplication of account is impossible and this is fantastic tool for investment.

I think all cryptocurrency have the same system that follows and not only bitcoin  if thinking that bitcoin is safe, some also cryptocurrency are safe becasue they are invested in the same market  as well.

[Pandu Gleen]

Because Bitcoin has a digital currency system that each transaction is detected by the DT team, and also each user has a private key known only to each user. Therefore, Bitcoin as the base currency of Cryptocurrency is very safe for shareholders as well as people who want to save on Bitcoin.

[kadutz25]

in my opinion, Unlike conventional currency-prone currencies, the cryptographic rules applied to bitcoins make their owners avoid the same risk of fully encrypted / cryptographic bitcoin payments, so personal info is safe and can not be observed by others. What other people can see is the address used for the transfer only. You are also protected from the rampant identity theft cases in ordinary banking and bitcoin is very difficult to fake

[ganlianshifu1]

Bitcoin is considered the safest currency in the world.
Bitcoin wallets randomly generate a public address and associated private key. If you want to obtain a matching address and key by brute force, you will need enormous computer resources to traverse countless possibilities.

[imstillthebest]

Bitcoin is considered the safest currency in the world.
Bitcoin wallets randomly generate a public address and associated private key. If you want to obtain a matching address and key by brute force, you will need enormous computer resources to traverse countless possibilities.

Bitcoin is considered the safest currency in the world.

lol it is not. there many currency that is much safer than bitcoin or any other cryptos, im talking about regular currencies or fiat such as usd. in terms of online usage there were still many good alternatives bitcoin , few examples could be online banks (e.g credit card , virtual credit card ) paypal , payooner , etc but in terms of speed and ease of access i would definetly go on cryptos.

bitcoin can only be considered to be the safest crypto because it is the first crypto and also the most popular among its other competitiors

[BitHodler]

bitcoin can only be considered to be the safest crypto because it is the first crypto and also the most popular among its other competitiors

Being the first doesn't mean anything if your network isn't mirroring security. Bitcoin in this case has the network security, the most developed ecosystem around it, and the most liquid market of all coins.

Bitcoin's market would be way more liquid if altcoin traders stop dumping altcoins for Bitcoin and then dump Bitcoin for fiat. That's why I hope altcoin fiat markets will grow stronger so they don't have to eat away liquidity from Bitcoin.

More liquidity for Bitcoin would make the market a bit less volatile, and every decrease in volatility is a step forward towards Bitcoin being used as currency. I think that's what we all want in the end.

[Zebulun18]

Bitcoin is safer because of its decentralized nature... It is a known fact that bitcoin uses the pair to pair system of transaction, a system that enables the individual to have total control over his assets... This system makes it difficult for errors to occur. The owner of an account should be accountable for any error or complaint that arises.

[Chacon994]

Bitcoin, like other popular cryptocurrencies, is by far the safest finances on the planet today. Just some people do not quite understand what cryptocurrencies are, so there are so many doubts about this.

Yes, sometimes a lot of people do not understand the value of bitcoin. They only invest and no need to know what bitcoin is used for. So many people go bankrupt when investing in bitcoin

[Dejech19]

Bitcoin, like other popular cryptocurrencies, is by far the safest finances on the planet today. Just some people do not quite understand what cryptocurrencies are, so there are so many doubts about this.

Yes, sometimes a lot of people do not understand the value of bitcoin. They only invest and no need to know what bitcoin is used for. So many people go bankrupt when investing in bitcoin

The reason why bitcoin is the safest system is that it utilizes an identification system which verifies the owner wallets and also to keep your private key or password  by your own.That is why, knowledge is very important in here.

[azisdoank]

i think Bitcoin is safe mainly because it is integrated on the Blockchain technology and this guarantees safe and secure transaction. Also how you handle your wallet information and security passes is very important. Everyone must be very vigilant and careful because you can be easily scammed and 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

[The best one]

I think actually that the reason why bitcoins is the safest system!
Because bitcoin technology  and cryptography have a strong record of security records, and the Bitcoin network is probably the largest distributed big project in the world. Bitcoin's most common disadvantage lies in its user error. Bitcoin wallet data that holds private keys can be erased accidentally, lost, or stolen. This is similar to physical cash stored in digital form. Fortunately, users can apply security measures to protect their money or use the services of providers that offer high level security and insurance against theft or loss.

[bitcoinbot]

Bitcoin is actually more secure than most other financial systems. The entire code base that supports the Bitcoin network is available for viewing and auditing. Countless developers have carefully studied the code in search of any loopholes and continue to check it for errors, because the database is updated. Open source Bitcoin simply can not be a fraud, because any deceit attempts would have been revealed long ago.

[1van__]

let's be frank, the majority of people came to the crypt world because bitcoin last year rose strongly in price, its prospects forced people to invest in it their money, so bitcoin at the moment is the strongest, flawless and famous crypto currency

[Bhalibad]

Unlike conventional coinage-prone currencies, the cryptographic rules applied to bitcoin make their owners avoid the same risks.
Bitcoin payments are fully encrypted / cryptographic, so personal info is safe and unobservable to others. What other people can see is only the address used for the transfer only. You are also protected from identity theft cases that rampant in ordinary banking.

Because wherever we are in this world, no need to bring cash we can buy or pay it by the used of Bitcoin that's why we can say that Bitcoin is very safe.

[Raggie]

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 .

Agree, bitcoin security is great. You cant hack others private key with for example : brute force method.
Cryptocurrency is created for best security with a complicated process to secure it.
There is no system error, there is only a personal mistakes and flaws, makes them can be hacked by other bad peoples.

[Marlo0619]

Because bitcoin can be used by people in free. We can make money in bitcoin without spending money. But if you want to spend for bigger income, or what we called invest, then it is your choice. But it is true that this is the safest digital currency.