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Author Topic: How safe is Bitcoin? ✅  (Read 7207 times)
Zidanetribal
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July 27, 2018, 09:24:28 AM
 #501

Can not say that bitcoin and cryptocurrency is safest but safe more than my wallet that I bring out every and just disappear this morning when i just go look around for like 2 minutes.
koki123
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July 27, 2018, 09:43:56 AM
 #502

Because hot wallet always needs the internet connection, it is easier to attack than cold wallet so you should keep a small amount of money in your wallet for a convenient transaction. In the cold wallet will be safer.
The use of cold storage solutions ETH, BTC instead of hot wallet will be more secure. In general, you need two separate bags to keep your money safe. A small amount of gas traded, a type of money baby transactions frequently.
Roy11
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July 27, 2018, 09:50:28 AM
 #503

Because hot wallet always needs the internet connection, it is easier to attack than cold wallet so you should keep a small amount of money in your wallet for a convenient transaction. In the cold wallet will be safer.
The use of cold storage solutions ETH, BTC instead of hot wallet will be more secure. In general, you need two separate bags to keep your money safe. A small amount of gas traded, a type of money baby transactions frequently.
I think that's right, kare using two wallets will be safer, because hot wallet and cold wallet is very safe to store bitcoin.
Amarantcoral
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July 28, 2018, 09:30:54 AM
 #504

In general, each security method has its strengths and weaknesses that you need to consider. Still as bitcoin, but it's important to make sure your money is secure where you need it, but avoid the eyes and ears.
cuteboy2016k
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July 28, 2018, 09:48:38 AM
 #505

Bitcoin is very safe and I think you have to keep your coins only in wallets, there are lot of wallets available, if you are keeping in exchange it is very risky, the transaction wise bitcoin is very safe, without a third party you can send and receive money, no body can track your transactions,bitcoin is the first digital currency and it is safest crypto currency in the world but in the internet world hackers are available every where so keep you pvt key in safe
Bara420
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July 28, 2018, 10:31:56 AM
 #506

Everything has its security matter. There are some strengths and weaknesses. Although bitcoin is safest. One should analyse the market security before investing.
ainaya1994
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July 28, 2018, 10:40:42 AM
 #507

i do not really know about the security of bitcoin but i feel confident that bitcoin is very safe at all, because satoshi impossible nakamoto make bitcoin without thinking of its security ...
so it is definitely very safe bitcoin once ...
adjong
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July 28, 2018, 10:43:17 AM
 #508

for me bitcoin is safe for some time, just because it's safe for bitcoin because today is a lot of scammers today and hackers. if i ask your bitcoin to be more secure if you keep it hidden and hold back that you only know your account.
people123
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July 28, 2018, 11:03:46 AM
 #509

as long as your private key is safe, your bitcoin wallet also is in safe. i recommend that dont depennd in one wallet create two or more account in order to become more secure your wallet. Dont give your private key to others because it gives you a risk.
Leadership58
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July 28, 2018, 11:26:35 AM
 #510

As much as I concerned about btc it not the safest but safer than others.
AfterRealLife87
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July 28, 2018, 11:29:50 AM
 #511

Not 100% safe. It has some risk factor. Hardware wallet can reduce risk of btc. To avoid risk you should aware of market policy.
Heartland76
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July 28, 2018, 11:34:45 AM
 #512

In security and safe keeping factor bts is the best as far as i know about btc. It remain your accounts, privacy number, professional information safe and sound. 
Boknoyz
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July 28, 2018, 11:38:09 AM
 #513

I think bitcoin is very safe because bitcoin is use the blockchain system that we know the safest system right now, and I think that bitcoin is the great digital currencies, its use the private key only, there are no people in the world that know about your private key. so its very safe.
TradeParty
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July 28, 2018, 11:58:32 AM
 #514

Security is a common question in any crypto sector. but the developers are trying to make it safer so that people can transact safely and freely.
InboundMercury
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July 28, 2018, 12:00:19 PM
 #515

Any crypto currency is not 100% safe. but i think btc has taken the most security protocols to make it more safer.
thevlox
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July 28, 2018, 12:01:03 PM
 #516

I think bitcoin enough safe Because of the comparison with other cryptocurrency. bitcoin is a good step in all respects. bitcoin has its own rule. Which is very hard and has wallet for money.
MaxApple147
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July 28, 2018, 12:04:38 PM
 #517

I think btc is safer than any other digital currencies. Though it may has some issues but it is normal like other digital sectors but if any one analyse it's market statements, he will feel comfortable in investing.
DevilSlayer
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July 28, 2018, 12:11:22 PM
 #518

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 reason why there are people who are saying that the bitcoin is dangerous is because of the scammers and hackers in the cryptocurrency market. You can only protect your money if you have knowledge.
Ruffian1314
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July 28, 2018, 12:21:21 PM
 #519

For me, I usually store my bitcoins in a well known web wallets that has a high security level so cannot be access by hackers but I think the safest way to store it is in hardware wallet that only you can access to it. You need
to be knowledgeable in this kind of industry so you won't get scam or hack easily.
Veronika94
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July 28, 2018, 12:48:17 PM
 #520

All of them are unsafe, but from this they do not get worse.  The more risk, the more you can get.
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