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Author Topic: How safe is Bitcoin? ✅  (Read 6602 times)
amwer
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September 18, 2018, 05:44:15 AM
 #1041

We have hardware wallets not because bitcoin is unsafe, but because the computers we need to access the internet are unsafe.
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amwer
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September 18, 2018, 05:53:59 AM
 #1042

Actually, I think the comparison is difficult, because we have rather different methods of security. I could argue that bitcoin is safe as long as the human does not make an error. Then you could argue that under this condition the current banking system is even better because it makes up for human errors (at a price). But it also allows for direct stealing of funds from the people (see cyprus), which is something you cannot do with bitcoin.
After all it's just marketing.
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September 18, 2018, 06:03:03 AM
 #1043

Bitcoin is as safe as you can ensure its security. If you do not come up with a good password or will trust the secret key to third-party services you will lose money. Your safety depends on you.

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September 18, 2018, 06:06:31 AM
 #1044

I don't think bitcoin is safe and how safe it is for users. If you follow the rules applied by bitcoin and use a clear mind, you will be guaranteed safe for the use of bitcoin
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September 18, 2018, 06:08:32 AM
 #1045

Among all crypto currency Bitcoin is the most safe one. It's the most oldest one and most importantly it's the most trustworthy crypto currency in the crypto world. If any new person wants to invest in crypto currency then most of them feel safe to invest in Bitcoin. The capital of Bitcoin is also the most highest one among all. Bitcoin is safe and secure. still alive. Don't panic.   Cool Cool

I totally agree. I've started my way with crypto only investing in BTC and I am glad that I did it so. And my reasons match to what you've said.
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September 18, 2018, 10:29:23 AM
 #1046

it is completely safe !!! if you are only stupid not to visit third-party sites, or do not leave anyone your private key! so for large investors there is cold storage, which is the safest kind !!!!
That's right. Bitcoin is very safe as long as you are alwsys monitoring your account. Bitcoin is not also illegal so you dont have to worry about something, just fucos to your goal.
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September 18, 2018, 10:45:54 AM
 #1047

Bitcoin depends on how you do to make it safe and secure. But as long as you do your best to follow the usual security rules and to secure passwords everything will be fine, no worries if you this way because that is what/s needed the most to make your bitcoins in a safe hands.

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September 18, 2018, 11:06:46 AM
 #1048

Bitcoin is as secure as you want it to be and the network has never been hacked but if your bitcoins are stored in a hosted or hot wallet connected to the internet your bitcoins can be stolen.
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September 18, 2018, 11:49:38 AM
 #1049

Bitcoin is as safe as you can ensure its security. If you do not come up with a good password or will trust the secret key to third-party services you will lose money. Your safety depends on you.
Bitcoin is very safe, and  i am 100% sure that bitcoin can help us to have a lot of money when bitcoin value rises again, and for the long time i am investing, i never yet experienced to get hacked my btc because my bitcoin wallet have a high security.

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September 18, 2018, 02:47:17 PM
 #1050

A person can be confident in the safety of their cryptocurrency, if he will store them in a reliable online or cold wallets.

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September 20, 2018, 02:30:34 AM
 #1051

Bitcoin has no such safety net. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole. There are two basic ways to hold Bitcoins. You can participate in the Bitcoin network yourself, storing the keys to your Bitcoins in a wallet stored on your hard drive.
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September 21, 2018, 11:09:54 AM
 #1052

The only thing you can worry about is the Hackers. make sure you keep your wallet address in safe and don't tell to anyone. Smiley

In all cryptocurrency Bitcoin is one of the most safe, that's why many people choose it over other crypto. But even its the most safe and secure coin there's a time it can steal by some hacker, so I suggest to create a strong password and make it difficult as possible. Also dont put your personal information put it only in piece of paper then put in small box, because if you make hardcopy in your computer then possible there's hacker can hack it.

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September 21, 2018, 11:30:57 AM
 #1053


I agree with your argument, and I help because I got very good input for me personally. So far I feel the connection about bitcoin specifically for me is safe, but after I read the article from you, I plan to change my own bitcoin system, because I think it is safer than its quality. and the current rumors, there is something needed to use the system, but for me it doesn't matter, the most important thing is what I do.

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September 21, 2018, 12:08:26 PM
 #1054

The best way to keep your bitcoins safe, is to use a hardware wallet that have stronger cryptography that web wallets.

If you store your coins in exchanges you are most likely to lose them, because exchanges receive the most cyber attacks in every seconds.
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September 21, 2018, 12:08:56 PM
 #1055

Bitcoin is really safe with experienced investors over the years. For those new to the crypto market. That is a challenge and most people will worry about Bitcoin. However, it is only personal thoughts and not judge anybody.
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September 21, 2018, 05:36:05 PM
 #1056

The best way to keep your bitcoins safe, is to use a hardware wallet that have stronger cryptography that web wallets. blockchain technology one of safest way safe your bitcoin.
I love crypto.
I love bitcoin.
And I love block chain technology.
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September 21, 2018, 05:47:34 PM
 #1057

Best way to secure all your cryptos is to use an offline wallet instead of exchanges and online wallets as it will keep you safe from any online attack. And yes its very difficult to still bitcoin as most of the people own private key to the wallet just keep them safe.
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September 21, 2018, 06:08:45 PM
 #1058

In my opinion, blockchain technology was designed with a very good system. If it wasn't for our own negligence, it would be very difficult for people to hack someone else's wallet

sino22
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September 21, 2018, 06:09:58 PM
 #1059

The best way to keep your bitcoins safe, is to use a hardware wallet that have stronger cryptography that web wallets. blockchain technology one of safest way safe your bitcoin.
I love crypto.
I love bitcoin.
And I love block chain technology.

I think safeguarding your private keys safely. if you love bitcoin and love crypto I suggest to buy a lot.

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uDwcHYO
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September 21, 2018, 06:24:59 PM
 #1060

for so many years he has already shown enough security

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