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Author Topic: Oh My God, What Happened to Bitcoin?  (Read 1546 times)
Idrisu
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September 24, 2018, 06:50:43 AM
 #81

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 24, 2018, 04:30:22 PM
 #82

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.

Yes, I agree with you. All this is still new thing, and all this has plenty of space to develop, to grow and evolve.

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September 26, 2018, 06:41:32 AM
 #83

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.

Yes, I agree with you. All this is still new thing, and all this has plenty of space to develop, to grow and evolve.
The space is actually growing and developing everyday and as far as I am concerned the idea of security is totally based on each individual. Cryptocurrency is secured as long as you value security and you are knowledgeable enough to know what to do to be able to get yourself secured.

Sure, most of the exchanges in terms of security may not be there yet, but we are absolutely getting close over time. the fact that bitcoin is going down now, is just something that is healthy and normal, and investors will not because of some security when they know how to get fully secured, bail out from the market. Absolutely not!
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September 26, 2018, 09:21:04 AM
 #84

Bitcoin was created almost a decade ago. Now it is one of the most known investments in the whole world. It is the "new age" investment method for people who are tired of stocks and forex.

Now considering in ONE DECADE, bitcoin went from "some unknown source creating a fake digital money" into "the new investment method of this age", I think worrying about drops like this is futile. Bitcoin is strong with us, we are the ones that makes bitcoin a big deal, we keep it at the spotlight.

Calm down on FUD days and just keep on promoting and making good headlines to your friends and family, the better public awareness we create, the more people will come.
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September 27, 2018, 10:56:03 AM
 #85

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.
What exactly has made it not secured? There is a total difference between having a secured cryptocurrency and then having some centralized platforms that can easily be hacked and in cases like this; every user should always know that as long as they are putting their funds in a centralized system, the chances of being hacked will always be there. Long term investors know the importance of a cold storage and trust me, as long as you know the value of security, you will know what to always do.
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September 27, 2018, 11:27:04 AM
 #86

The space is actually growing and developing everyday and as far as I am concerned the idea of security is totally based on each individual. Cryptocurrency is secured as long as you value security and you are knowledgeable enough to know what to do to be able to get yourself secured.

Sure, most of the exchanges in terms of security may not be there yet, but we are absolutely getting close over time. the fact that bitcoin is going down now, is just something that is healthy and normal, and investors will not because of some security when they know how to get fully secured, bail out from the market. Absolutely not!

If we can look past 99.9% of forum threads, and also past 90% of news headlines, we will easily realize that everything about Bitcoin and blockchain has been developing at an incredible pace. The network keeps growing stronger, therefore more secure. The users and usage is increasing every day, adoption is increasing, and more businesses and countries are making room for it.

Some day people will realize that hacks and exchange security are nothing to do with Bitcoin.

Topic should be Oh my God, how has Bitcoin stayed so strong all this time?

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September 27, 2018, 02:13:06 PM
 #87

Yes disappointed with the market as the value fluctuates everytime. There is no stability in BTC as this could lead to bug drawback most of the investors are scared after investing hundreds of dollars. But still have patience and wait for your turn. Guys this is not the end let's believe in this.

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September 27, 2018, 02:19:26 PM
 #88

I think it's the usual thing, we can see a few years back, There has always been the year in which negative news popping up, such as hackers and others. I think this is just to make bitcoin price fell. a few years back it is exactly, but after that, bitcoin price continued to rise higher.
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September 27, 2018, 02:55:34 PM
 #89

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.
ico native with ico scam is very difficult to distinguish, they are very similar. only very experienced investors can differentiate, this also causes many ico to fail.

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September 28, 2018, 01:13:30 AM
 #90

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.
ico native with ico scam is very difficult to distinguish, they are very similar. only very experienced investors can differentiate, this also causes many ico to fail.

Not all ico's are scam and its actually possible to identify on what is legit and what is not but sometimes even though experienced investors do also make a mistake  by choosing the fake one .

Quote
The cryptocurrencies market is not yet secure and a lot need to be done to secure it. 

Cryptos are secure because they are somehow anonymous and decentralized . it all only depends on how you handle your crypto and what wallet you use .

Quote
The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam. 

experiened investors are already aware with it . they will know what to do to avoid scams and hacking  .  only ico's are mainly know to be risky for now , so the best way to do to be safe is avoid it .
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September 28, 2018, 05:24:30 AM
Last edit: October 01, 2018, 03:43:15 AM by maarx
 #91

Nothing happened to bitcoin this scams and hacks are normally happens every year. But bitcoin survives. Bitcoin has seen ups and downs and this is not going to affect it's growth. It have reached so high and none would reach its place soon. The mother of crypto currencies is so powerful and much potential now though the growth now has bit decreased.



























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October 01, 2018, 02:28:55 PM
 #92

The cryptocurrencies market is not yet secure and a lot need to be done to secure it.  The investors will be afraid if the market and cryptocurrency platforms keep getting attacked by hackers and scam.  Many have lose alot of money through the activities of this people.
That's true, many people have lose a lot of money with the doings of the hackers and scammers which I think a good reason to have a regulations about cryptocurrency investment. Although this will depends on the investors if they will have extra care on there investments to make it sure that it's safe from those fraud.
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October 01, 2018, 03:45:01 PM
 #93

Even though bitcoin has fallen down to 5,000$ it always rise back and even surprise those investors who missed to invest during the dip. Once you will be able to hodl it, then a very good price is waiting for you when the bull run starts.

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