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Author Topic: How safe is Bitcoin? ✅  (Read 7291 times)
Robin1020
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July 21, 2018, 05:59:00 PM
 #421

Bitcoin can be safe your online wallet like blockchain or coinbase. these wallet are safe if you safely save your keypass.  or I use to cashout some of bitcoin so that the riks can be minimized. but don't store your bitcoin on any exchanger. it can make loose your coin.So far my bitcoin is currently safe even if it is stored in an online wallet like blockchain.com. The most important thing is how we secure our account through super powerful step like no one can know password and private key.
Youghoor
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July 21, 2018, 06:11:51 PM
 #422

Bitcoin is safe as long as you know how to control your keys and if you really take care of your own safety, otherwise, it is more than unsafe, it works by the same way as real money
Mota satish
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July 21, 2018, 06:14:48 PM
 #423

If you're worried about someone hacking your wallet, the underlying cryptography for Bitcoin has been studied in detail, and is believed by experts to be secure.
Wicked Sick
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July 21, 2018, 06:34:01 PM
 #424

Well Bitcoin is pretty safe if you go by its history. Also if some bugs comes up in the code than it can be fixed through hard forks. The only thing most of the people fear is its volatility and the constant fear of what if Bitcoin price goes to zero due to some unknown reasons as Bitcoin isn't backed by anything.

thet
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July 21, 2018, 06:38:07 PM
 #425

It is safe in your wallet without any hackers that will try to get it.  So be careful and take care of your valuable coins for anytime a hacker will try to access it and be able to get it.  Take good care of your private keys.

RawDog
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July 21, 2018, 06:42:37 PM
 #426

Quote
How safe is Bitcoin?
Bitcoin is unsafe.  You will lose your money.  'How much would you like to lose?' is the only question.

Everything has a risk.

Also if some bugs comes up in the code than it can be fixed through hard forks.

Bitcoin is for risk takers

So many hackers have always hacked

Bitcoin is not completely safe

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CryptomartN
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July 21, 2018, 06:57:19 PM
 #427

Bitcoin is quite safe but like every other online things, it is not immune to hacking. But you can take proper care of your wallets to make it as safe as possible. If possible, try operating offline wallets or hard wallets.
ashfer
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July 21, 2018, 09:30:29 PM
 #428

  To my opinion Bitcoin is more secure than any other financial services even though it has been hacked several times. If you rely on the right person Bitcoin will not be stolen, Bitcoin theft happens only by the carelessness of the users.  We should store our Bitcoin into a hardware wallet or paper wallet and you should not invest more than you can afford buy Bitcoin only from exchanges that can be trusted thus we can be safe with our Bitcoins .

Crypto11021
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July 21, 2018, 10:25:52 PM
 #429

Bitcoin concept is designed to provide The most secured and convenient means of payment between individuals and organisations but at the same time has its underlying issues in the area of security which is the major setback in this crypto era, but that can be minimised by utilising safe method of bitcoin storage which only you have access to, hardware wallet currently the best for me.
judel_2018
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July 22, 2018, 02:19:46 AM
 #430

it is also depends on the user if it is careless or slovenly about their information and security well that user need to orient about safety of bitcoin wallet, and other stuff also by the way thanks for sharing your tips.

Some people say that bitcoin is scam we dont trust them. But when i think it first, that bitcoin is very secured.Mostly people they don't know what is bitcoin and they don't know how to understand, that's why some people sày that it is scam.because they can influence from media.So for those people who have bitcoin you don't need to worry because Bitcoin is the safest way and high in security.
Strange9
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July 22, 2018, 04:20:53 AM
 #431

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
yanifitri20
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July 22, 2018, 04:43:21 AM
 #432

In my opinion, be aware that bitcoin has a high level of security, so for people interested in investing in this digital money, they are protected by a blockchain algorithm in which each user can monitor or see the total supply of Bitcoin in circulation and transactions that are in its digital network in a transparent manner
tobreak007
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July 22, 2018, 09:35:30 AM
 #433

Do not store your bitcoin on any swap. So far my bitcoin is now safe even if it's stored in an online wallet like [Suspicious link removed]. In my opinion, Bitcoin is safer than any other financial service even though it has been hacked many times. We should save our Bitcoin into wallet or purse and you should not invest more than you can buy Bitcoin only from the trusted trading platform so we can secure our Bitcoin.
wonderfulvn
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July 22, 2018, 11:41:21 AM
 #434

Talking about security and keeping Bitcoin safe is safe as long as we know how to keep your login information, private keys and personal data secure. Better to think carefully before participating.
bapetdik
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July 22, 2018, 12:09:49 PM
 #435

I think bitcoin is quite safe if we use it carefully. Because bitcoins look harder for hackers to enter and also if our wallet can be hacked, maybe it's because of our carelessness in using it. So we are quite careful and I think it will be safe. If you want to be more secure try using wallet ledger.

heroson
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July 22, 2018, 05:56:53 PM
 #436

I would say, its 90% safe.As it cant be robbed or theft.But because its not a normal currency and the transactions are done online, your account might be hacked.So better stay safe.
Kanda Yu
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July 22, 2018, 06:01:38 PM
 #437

Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

The safeness of bitcoin usually depends on yourself on how you store and what kind of wallets you are using. Bitcoin can be a very safe place if you are using a trustworthy storage which can help you from being worry free over all you earnings. Always be smart and wise in choosing a wallet or hardware wallet so that you can avoid getting hacked and stolen.
max1616
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July 22, 2018, 06:04:27 PM
 #438

Bitcoin’s technology can be trusted so long as you know how it works, or if you rely on the right people..All of the thefts in recent years have been the result of carelessness on the part of bitcoin owners, or else incompetency or dishonesty from the companies they used..Bitcoin is more secure than most existing financial services, including legacy banking platforms like swift, which has been compromised repeatedly by hackers.
sreenivasbabu
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July 22, 2018, 06:05:53 PM
 #439

safe Smiley
javascript:void(0);
longyenthanh
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July 22, 2018, 06:37:39 PM
 #440

It's hard to put words into words, but if you invest in them you will find the benefits of the BTC more secure than any other coin, and they can also be profitable for you.
For me bitcoin is the most secure coin at the beggining and it could be even more safe if we just "follow" the safety rules.


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