Is Bitcoin safe? - Quora

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin Classic

Bitcoin Classic
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SafeCoin Cryptocurrency

SafeCoin is a proposed solution that is based on a well established and time tested Bitcoin algorithm and extends it to address issues of security and deflation.
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Is Bitcoin safe and legitimate?

Is Bitcoin safe and legitimate? submitted by DavidBanks12 to Bitcoin_News_Daily [link] [comments]

Is Bitcoin safe and legitimate?

Is Bitcoin safe and legitimate? submitted by DavidBanks12 to Bitcoin_News_Daily [link] [comments]

Is Bitcoin safe?

Hey there, I recently heard that Bitcoin is a unfavorable currency on the Darknet because it can easily be tracked back to you, and there is another one( forgot the name) that’s better but harder to set up. Any info about this?
submitted by KraftPunnk to darknet [link] [comments]

Is Bitcoin Safe in a Market Crash? Look to Gold for Signs, Feat. Delphi Digital’s Kevin Kelly

Is Bitcoin Safe in a Market Crash? Look to Gold for Signs, Feat. Delphi Digital’s Kevin Kelly submitted by Ranzware to BitNewsLive [link] [comments]

POV Crypto Podcast: Is Bitcoin Safe From Itself? — with Dan Held

POV Crypto Podcast: Is Bitcoin Safe From Itself? — with Dan Held submitted by Heavyhandedtherapist to Bitcoin [link] [comments]

Is bitcoin safe from quantum computing?

If we’re in this for the long hall, should we be worried about quantum computing ?
submitted by manhattanabe to Bitcoin [link] [comments]

Is Bitcoin Safe from Being Hacked?

Is Bitcoin Safe from Being Hacked? submitted by kushizm762 to btc [link] [comments]

Is Bitcoin Safe from Being Hacked?

Is Bitcoin Safe from Being Hacked? submitted by Lopata29 to CryptoCurrency [link] [comments]

Is Bitcoin safe against a reasonably well financed attacker?

The Bitcoin literature says that a 51% attack wipes out the security of the Bitcoin algorithms.
Markets in which a single provider becomes more than 51% pretty common. Those in which there is a duopoly like Coke and Pepsi or Burger King and McDonald's, where there are only pretending to compete are extremely common and very stable.
If Bitcoin mining is a profitable activity then an entity might choose to reinvest the profit into more Bitcoin mining assets which would make more profit and given only determination end up with a 51% share.
The estimated cost of buying into 51% of Bitcoin mining are huge numbers compared to what I have in my wallet, but they are miniscule compared to the budgets of government actors like the dod.
It seems to me that Bitcoin will be taken over just as soon as someone decides they really want to.
Am I right? And how do you know that it hasn't already happened?
submitted by postorm to BitcoinBeginners [link] [comments]

As a seller, is Bitcoin safe?

So some backstory. I sold something online, value of about £20. It was an account, so not a physical product. He paid with paypal. It went in to my account, I was happy, sent the item and all was well. UNTIL it was backcharged and despite me having copious amount of evidence, paypal sided with the scammer saying because it was a "fraudulent payment" they have to reverse it.
So I lost my money and my account.
If I request to receive money through bitcoin, can this be avoided? Is the sale final?
Thanks.
submitted by iPlayZombies2 to Bitcoin [link] [comments]

Is Bitcoin safe?

If you look at bitcoin's history it has lots of ups and downs. However, look more closely and you'll notice that after every time it goes down it increases to a new high. This is because Bitcoin is constantly growing.
submitted by fahadmunir to Bitcoin [link] [comments]

How is Bitcoin Safe For Me?

It is possible for someone to take your BTC address and see all the confirmed transactions on it. Therefore, how could that be safe for me if someone can pretty much figure out how many BTC I may have sent or received in total and figure out my net worth (or how much I’m presumably worth)?
submitted by OptionsReprimanded to Bitcoin [link] [comments]

Is bitcoin safe from quantum computing? /r/Bitcoin

Is bitcoin safe from quantum computing? /Bitcoin submitted by cryptoanalyticabot to cryptoall [link] [comments]

Is bitcoin safe from quantum computing? /r/Bitcoin

Is bitcoin safe from quantum computing? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin Safe from Being Hacked?

Is Bitcoin Safe from Being Hacked? submitted by DCC_Official to altcoin_news [link] [comments]

Is Bitcoin Safe from Being Hacked?

Is Bitcoin Safe from Being Hacked? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin Safe from Being Hacked?

Is Bitcoin Safe from Being Hacked? submitted by cryptoanalyticabot to cryptoall [link] [comments]

As a seller, is Bitcoin safe? /r/Bitcoin

As a seller, is Bitcoin safe? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin Safe?Is Bitcoin Safe?

Is Bitcoin Safe?Is Bitcoin Safe? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin safe? /r/Bitcoin

Is Bitcoin safe? /Bitcoin submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Is Bitcoin safe against a reasonably well financed attacker? /r/BitcoinBeginners

Is Bitcoin safe against a reasonably well financed attacker? /BitcoinBeginners submitted by SimilarAdvantage to BitcoinAll [link] [comments]

How is Bitcoin Safe For Me? /r/Bitcoin

How is Bitcoin Safe For Me? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

The Main Principles Of SmartMoney Podcast: 'Is Bitcoin Safe?' - Smart Change Is Bitcoin Safe To Invest In? BITCOIN MINING trailer Is Coinpot Safe? Or Is It A Scam? Gold Bug Peter Schiff 'Is the Twitter Hack a Harbinger for Bitcoin'

Bitcoin is still experimental. Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows. During these growing pains you might encounter increased fees, slower confirmations, or even more severe issues. Is it safe to use Bitcoin? Can you trust a decentralized computer network with your money? Most people still treat Bitcoin as a mythical pandora box which contains thieves, money launderers, scammers, terrorists, other people of the Let me first say that I’m speaking as myself and not on behalf of the Federal Reserve System. Also, that my expertise is in the world of physical cash, so I’m not an expert in bitcoin. There are a variety of ways to think about the relative safety... Is Bitcoin safe? Stories of million dollar hacks, an unknown creator, and scam ICOs all may have you wondering, “Is Bitcoin safe as an investment for my money?” Even with the negative stories that seem to flood the news at times, Bitcoin is actually more secure than most other financial systems. Bitcoin suffered substantial losses recently during times of macroeconomic turmoil. Will the cryptocurrency serve as a safe-haven asset going forward?

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The Main Principles Of SmartMoney Podcast: 'Is Bitcoin Safe?' - Smart Change

In general, desktop bitcoin wallets are safe, but it is important to make sure that your PC or laptop is free of malware and any viruses before installing and using it. Mobile Wallets A mobile ... The Main Principles Of SmartMoney Podcast: 'Is Bitcoin Safe?' - Smart Change states). Like its stock-trading platform, Robinhood charges no charges for bitcoin trades. TradeStation also offers ... For once not being verified has its advantageous. I wonder if this is a harbinger of Bitcoin itself being hacked? Better to play it safe and just buy #gold. Pavel Luptak — co-founder of Czech ... Bitcoin is a decentralized digital currency that works without a bank. You may have noticed from the many headlines over the latter part of 2014; Bitcoin is steadily increasing in value and some ... Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Bitcoin mining is intentionally designed to be resource ...

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