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Author Topic: How safe is Bitcoin? ✅  (Read 7205 times)
Tatsuyashiba
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July 01, 2018, 09:19:38 PM
 #81

The essence of securing bitcoin is never to tell anyone about access to the wallet where you saved the bitcoin, because it will only make the person tempted and will eventually hack into your wallet that the hacker discovered.
Abete
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July 01, 2018, 09:28:31 PM
 #82

Bitcoin is safe . but it depends on you how you use it how you stored it well.

simple as you say, but now many incoming messages from emails that try to memnacing we send a private key. it's like a trick question, and look for our weaknesses. then be careful!
luckybit1
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July 01, 2018, 09:31:44 PM
 #83

Bitcoin is very safe in as long as your key password is safe  .Bitcoin is the best and secure place to keep money.disclosing your password means your on your own if anything happens.bitcoin remains one of the best.
edjames
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July 01, 2018, 09:53:37 PM
 #84

As long as your private keys are safe your bitcoin is safe. Because it is merely impossible to breach into another's wallet without knowing private keys. So keep your private keys safe. Best use offline wallet to ensure security. 

Yes, this is probably the most sane comment here. Rather than focusing on what type of wallet to use, concentrate on the keys. However, any online wallet is essentially trusting a 3rd party to do a good job with security, which, as we've seen, they don't tend to be very good at.
Alexmagn84
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July 02, 2018, 03:10:35 AM
 #85

Two more ways can give safety your bitcoin, one think online wallet and two think hardware wallet. Basically hardware wallet good safety for me.

Jocelyn Gucilatar
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July 02, 2018, 04:03:29 AM
 #86

Bitcoin is 100% safe and effective that our coin is still on ur account you only have to do is secure ur password.
Gurjasmeet
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July 02, 2018, 04:36:17 AM
 #87

Although hackers are very clever & stolen your bitcoin,l think we should make a long & typical password with holding division our currency to use more wallet to kept it.don't share our password to third party.
Biet12
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July 02, 2018, 04:36:39 AM
 #88

it is a way to save better in the wallet to be safe, and do not forget to give a password that is difficult for other prang but safe n easy for us

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mithon2017
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July 02, 2018, 04:13:05 PM
 #89

Bitcoin is safe my online wallet. Bitcoin is very safe and it's transaction is easy and fast.   if you have proper knowledge about Bitcoin you didn't loss it. you should always be careful your wallet.  You should only one PC using Bitcoin wallet. You should always check your wallet and it's privete key be careful.
etron
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July 02, 2018, 04:45:54 PM
 #90

I am always confident about securing my wallet wallet because if somebody would hack my account it would need pin verification, it will be visible in the email I have and there will be visible if someone is entering my account, and the google will make a notification against the phone number I have.
nyong
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July 02, 2018, 04:51:42 PM
 #91

the security of bitcoin is very good, as long as you do not tell your password to anyone
so you don't have to be afraid of being hacked
Jennifer Daviess
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July 02, 2018, 05:44:46 PM
 #92

You can see that electronic wallet bitcoin is actually much safer than cash and credit cards. If you lose your cash, you may not be able to get your money back. Credit cards may be safer than those with more security risks. But if it's a bitcoin wallet, that's another story. If the wallet is properly protected, it is not easy to steal or remove the bitcoin from the wallet.
ajpandey
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July 02, 2018, 06:08:50 PM
 #93

Thank you for the explanation.  It really helps the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.
Frank Norwoodd
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July 02, 2018, 06:10:40 PM
 #94

It's true that the bitcoin protocol itself is secure due to the Blockchain technology. However, the same cannot be said for the threats posed to accompanying sites and services. There are ways in which Bitcoin can be hacked and stolen. The majority of these ways come down to negligence or error. For example:
Exposing your private key
Using an untrustworthy third party wallet provider
waqasanwar95
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July 02, 2018, 06:12:15 PM
 #95

Bitcoin is safe and its fully safe bitcoin is now using and trading worldwide and whole worlds are involve in this and its future of blockchains and digital market so its safe.
Scott Freemann
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July 02, 2018, 06:12:25 PM
 #96

I think although bitcoin is a digital currency, it is not recommended to store the bitcoin online as this poses a security threat. An example of this security issue that we have seen is the “Inputs.io” hack.
“Inputs.io” offered a service that allowed bitcoin users to store their bitcoin in provided online wallets.
poonampawan
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July 02, 2018, 06:17:37 PM
 #97

Best way to keep Bitcoin safe is by holding it in Hardware Ledger. After that, you can keep them in desktop/online wallets but make sure never ever to reveal your private keys to anyone. As long as private keys are safe, your wallet and its contents are safe.
Susan Diass
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July 02, 2018, 06:20:42 PM
 #98

Sudden drops in price aren't all investors need to worry about. Bitcoin can also be lost or stolen. Bitcoin exchanges are online services that lets people buy and sell Bitcoin (and similar cryptocurrencies) using a website or mobile app. They are primary gateway through which most consumers buy and sell Bitcoin. And, just like other online companies, they can be hacked.
pyosar
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July 02, 2018, 06:21:01 PM
 #99

Bitcoin is the safest cryptocurrency that exists today. In all the thefts of cryptocurrencies, it is not the bitcoins that are to blame but the stock exchanges that have a bad security system. If you want to keep the bitcoins, keep them offline.
James Smithh
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July 02, 2018, 06:25:09 PM
 #100

In my opinion that exchanges are useful for buying and selling Bitcoin, but they may not be a great place to store them.We should not hold Bitcoin on exchanges.
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