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Author Topic: How safe is Bitcoin? ✅  (Read 6595 times)
Sam San
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September 02, 2018, 05:59:34 AM
 #881

Latest news today, Russia is to set rules to criminalize cryptocurrency on specific transactions related to criminality. There are reports where cryptocurrency is used as payment to drug syndicates. So how safe is bitcoin now?
bitcoin itself is absolutely safe. spoon lying on the dining table can be unsafe and used by the killer. need to to remove not safe phytosterols with has become. countries, depending on the situation, can use any arguments to prohibit the tools that destroy their domination over the population.

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cyriljundos
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September 02, 2018, 08:14:33 AM
 #882

for me how to secure the bitcoins I put in the hardware wallet and what matters to everyone is the private key you should only know

Zebulun18
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September 02, 2018, 08:48:34 AM
 #883

In discussing security and safe protecting Bitcoin is the length of we know how to keep our accreditations, accounts points of interest, private keys and individual information to be sheltered. Our numbness won't be a reason on the off chance that we won't guarantee the wellbeing of our Bitcoin yet in discussing how safe is Bitcoin as ventures then I could state there is no certification of the security becauase it is exceptionally hazardous uncommonly now that the cost is continually fluctuating so better reconsider before joining.
onlygodknowsx
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September 02, 2018, 08:52:27 AM
 #884

Just make sure that any password you use is more mix number and letter to make sure that can't taken or copy by other's and don't click any suspicious website cos some website or link can steal your information easily that was a set up to get information for you to use to hack any of your personal date
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September 02, 2018, 09:11:11 AM
 #885

The safety of Bitcoin lies in the care of the holder of particular wallet. Remember, this is decentralization and there is no central authoritative body in control of Bitcoin. Keep your login details safe from hackers and phisphing by avoiding the saving of details in your email.
As well agree on it we should be able to take more on the responsibilty of what we can be able to do for like more secure on what we do here cause there is a possibility for hackers that they can do on like on some previuos cases of victim for their clumsyness here so safetiness are depends on the person .
One of the main reasons why people get hacked or scammed by other people with evil intentions is the lacking of knowledge on a certain thing that they up into, such as Bitcoin. If a person is trying to invest with this crypto currency called Bitcoin, they should acquire a lot of knowledge first rather than diving in with a few knowledge of what they are doing because the crypto currency market is very volatile and anything could happen anytime and it is also the number one targets of hackers nowadays(Crypto Currency Wallets).
We all know that the Blockchain technology of Bitcoin is been running for 9 years and it has proven its security for almost a decade and no one can hack this system until now. So in terms of its Blockchain technology, it is definitely giving the top security and safeness. Cool

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September 02, 2018, 09:16:50 AM
 #886

The security of bitcoin is one of the reasons why many do not invest in it, as they doubt that no one can steal it. But I believe that if you pick up a good wallet, then it will be all right, and hackers will not get to it.

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September 02, 2018, 09:19:11 AM
 #887

Anyone can't say that bitcoin is 100% sure safe. as long as your private keys in bitcoins are safe, you can say that bitcoin is safe;because there is nothing in bitcoin or crypto you can use to transfer other's bitcoin into another bitcoin,unless necessary thing happen like you've showed your password to other bitcoin users you didn't know that's the one thing hackers can use, they will manipulate you to say your own bitcoin password key to them even though you didn't know them.
Just keep yourself psycho and your bitcoin will be safe.

bitvelk
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September 02, 2018, 09:28:00 AM
 #888

You should take care of the security of your bitcoin yourself. The technology itself is very reliable,but your task is to organize the correct, secure storage of both investments and your keys and passwords.

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drukoz2
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September 02, 2018, 09:30:33 AM
 #889

All cases of loss or theft of bitcoin that I know occurred due to the carelessness of the owners themselves. Basically, it is incorrect storage of keys and their transfer to third parties. Therefore, bitcoin storage should be your priority.
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September 02, 2018, 09:38:38 AM
 #890

Bitcoin already improved in terms of security or against fraudster. So its up to you if you will scammed or hacked by someone for being irresponsible or careless. In this market you should not trust anyone, make sure that you are the only one who knew your private keys. Keep it where no one can access it. You can use hard wallet or any upgraded folder.


I feel your opinion is very correct, because the knowledge that I experienced myself bitcoin has provided a very strict and good security and is not easy that will misuse if it is not from carelessness and not careful to keep what has been arranged and informed how to look after it.

spadaccino
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September 02, 2018, 09:42:19 AM
 #891

Quite safe actually. I mean you can protect yourself and your privacy with mixer and other staff but as someone know you have a wallet full of BTC and he knows who you are there you have a problem pal. You'll never know his intention and you know what they say: never trust anyone poor.
So in the end you can protect your seed or passfrase or private keys, but if someone hurt you or someone you know with blackmail also, you not have many options left.
Protect yourself with privacy coin also.
Konffetka
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September 03, 2018, 01:03:00 PM
 #892

Bitcoin is the more popular currency of Crypto. It's a worldwide business. Most people earn bitkoy. Every day this increases the price. This is careless bitokoyn, earning a break-in. This bitcoin, earning a safe use of the purse.
vionas
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September 03, 2018, 01:09:49 PM
 #893

I think bitcoin is safe, but you have to be careful and don't be careless in saving bitcoin. For example a private key, which you must protect as well as possible.
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September 03, 2018, 01:12:15 PM
 #894

Bitcoin is the safest cryptocurrency because bitcoin transaction is encrypted and secure bitcoin never compromised its security but many exchanges and wallets compromised and hackers steal our cryptocurrencies. in my opinion Hardware wallet is the safest way to secure our bitcoin because this is not connected with internet and we can access our funds via private keys, we need to print private keys on a paper and keep it in secure place and if we are doing trading than only put that fund in exchanges which we wanna trade.
suraza21
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September 03, 2018, 01:12:31 PM
 #895

You can store the bitcoin safely by storing them in mytherwallet wallet. This wallet is relatively safe for you. You can safely store your bitcoin but you should install the virus protection software.
Maximus-1
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September 03, 2018, 01:18:15 PM
 #896

Don't store your cryptos on an exchange wallet, better use a hardware wallet. Hardware wallets are the safest place to store your cryptos. You can take some security measures when making a transaction such as verifying the address you want to send to, if you don't have a hardware wallet you can use metamask, also try to use a secured PC to access your accounts.
daoquanghuan
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September 03, 2018, 01:32:10 PM
 #897

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?


Bitcoin is really safe if you know how to store them:
Never disclose a private key, this is extremely important because if you lose your personal key you will be taking away your entire bitcoin.
Do not put too much bitcoin on the trading floor because of the possibility of hacker attacks take away your money, just to spend a little money to trade.
Javak
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September 03, 2018, 02:02:11 PM
 #898

I do not think bitcoin is safe, except for hackers. Many hackers now have the crypto attacked. not only bitcoin their attack but also different coins and even tokens.
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September 03, 2018, 02:09:14 PM
 #899

I think Bitcoin is safe!
Fatanut
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September 03, 2018, 02:20:27 PM
 #900

Quite safe actually. I mean you can protect yourself and your privacy with mixer and other staff but as someone know you have a wallet full of BTC and he knows who you are there you have a problem pal. You'll never know his intention and you know what they say: never trust anyone poor.
So in the end you can protect your seed or passfrase or private keys, but if someone hurt you or someone you know with blackmail also, you not have many options left.
Protect yourself with privacy coin also.
I've never heard that saying before, "Never trust anyone poor." That's a little wealth-ist. I personally wouldn't trust anyone at all with my money. That's why I keep my money in a place that no one else knows. You can have a friend that's richer than you, but upon discovering that you have a lot of money, he's going to start blackmailing you. It really is hard to know which of your friend is loyal and which one will betray you. Sometimes it's the poor that's loyal and it's the rich that isn't. So don't judge people just because of their financial state.

I do not think bitcoin is safe, except for hackers. Many hackers now have the crypto attacked. not only bitcoin their attack but also different coins and even tokens.

AFAIK, the hacks happening in the altcoin world is due to the person's negligence such as uploading their private key in some website, mistakingly copy+pasting their private key to a form, or simply saving a file of their passwords somewhere that turned out to be unsafe. It's not a hacker who did the "hack". It's the people's fault and no one else. They just call it a "hack" even when it's not cuz "I got hacked" is way more cooler than "I sent my private key to someone in the web."

Bitcoin is the safest cryptocurrency because bitcoin transaction is encrypted and secure bitcoin never compromised its security but many exchanges and wallets compromised and hackers steal our cryptocurrencies. in my opinion Hardware wallet is the safest way to secure our bitcoin because this is not connected with internet and we can access our funds via private keys, we need to print private keys on a paper and keep it in secure place and if we are doing trading than only put that fund in exchanges which we wanna trade.
It is not 'constantly' connected to the Internet is what you should say. At some point you're going to need to connect it to the Internet because that's what you need in order to send funds to another address. People go crazy over hardware wallets. Trezor devices are so expensive and people really do set aside some money to buy one but I don't see it more secure than paper wallet or a pendrive wallet. It might even be more dangerous because what would happen if someone found an exploit to all Trezor devices.

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