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Bitcoin is safe

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Ikhtiar

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Quote from: Rypi on September 19, 2019, 04:57:25 AM
bitcoin is still safe for trading and mining because the price itself is still expensive.
I agree that Bitcoin remains an attractive crypto asset for trading and mining due to its relatively high value. However, Bitcoin's high price doesn't necessarily mean trading and mining are always safe or guaranteed to be profitable. Bitcoin's price movements are highly volatile in trading, so proper risk management is essential.
#391 - July 12, 2026, 11:40:53 PM

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Quote from: Raflesia on September 22, 2019, 10:17:03 PM
BTC is indeed quite safe.
When it comes to network security, Bitcoin is indeed one of the most secure cryptocurrencies. Its network has been operating for years, is supported by robust blockchain technology, and is secured by thousands of nodes and miners worldwide, making it extremely difficult to manipulate or hack.
#392 - July 21, 2026, 11:19:36 PM

Ikhtiar

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Quote from: Evan Dimas on August 05, 2019, 05:18:37 PM
some say BTC is safe some say risky.
From an investment perspective, Bitcoin remains a risky asset because its price is highly volatile and can experience sharp increases or decreases in a short period of time. Therefore, whether Bitcoin is considered safe or risky depends largely on one's perspective.
#393 - July 23, 2026, 12:58:11 PM

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Quote from: adi223 on August 08, 2019, 01:47:52 PM
bitcoin is very secure in terms of data and protocol, but for transfers it's risky.
It's important to distinguish between network security and usage risks. Bitcoin does have a very robust network and protocol, making it difficult to hack. However, transfer risks typically stem not from the Bitcoin protocol itself, but from user error, such as entering the wrong wallet address, falling victim to phishing, or using an untrusted platform.
#394 - July 24, 2026, 11:37:25 PM

Ikhtiar

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Quote from: Jayco on August 13, 2019, 12:25:18 AM
the data is bitcoin very safe but its use can be at high risk because it is unidirectional.
The Bitcoin network is known for its extremely high level of security, powered by blockchain technology and cryptographic mechanisms that make transaction data difficult to alter or forge. However, using Bitcoin does carry its own risks. One of these is that transactions generally cannot be reversed or reversed once confirmed on the blockchain.
#395 - July 28, 2026, 11:59:02 PM

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#396 - Today at 03:02:15 PM

Ikhtiar

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Quote from: Jagal Alugoro on August 13, 2019, 04:26:15 PM
Whether or not bitcoin is safe depends on the user.
Indeed, Bitcoin security depends heavily on how users manage their assets. By properly storing private keys, using a secure wallet, enabling two-factor authentication, and being vigilant against fraud, the risk of losing assets can be reduced.
#396 - July 30, 2026, 11:08:50 PM

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Quote from: Mahadewi on August 18, 2019, 09:19:19 PM
BTC is indeed very safe but we still have to be vigilant with crime in the BTC world.
I agree that Bitcoin offers a high level of technological security. The Bitcoin network is powered by blockchain technology, which has proven to be robust and difficult to manipulate. However, Bitcoin's technological security doesn't mean all Bitcoin-related activities are risk-free.
#397 - August 03, 2026, 11:29:39 PM

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Quote from: Jayaz on October 18, 2019, 01:11:44 AM
BTC is very safe in my opinion especially without regulation so it is free.
Bitcoin certainly offers a high degree of freedom because it is not controlled by a single central authority, and that is one of its main attractions. However, in my opinion, the lack of regulation does not automatically make Bitcoin safer.
#398 - August 23, 2026, 10:09:37 PM
« Last Edit: August 23, 2026, 10:14:51 PM by Ikhtiar »

Ikhtiar

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Quote from: dadat on October 10, 2019, 02:37:57 AM
Whether or not bitcoin is safe depends on the bitcoin system itself in the face of increasingly rampant cyber attacks
In my opinion, a distinction needs to be made between Bitcoin network security and Bitcoin user security. As a protocol, Bitcoin possesses robust security mechanisms due to its use of blockchain technology, cryptography, and a decentralized network. However, this does not mean that Bitcoin is entirely free from the risk of cyberattacks.
#399 - August 29, 2026, 11:41:45 PM

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Quote from: G 5oro5 on January 06, 2020, 10:22:26 AM
In my opinion, BTC is more risky than safer because of the digital world, whatever its form is still at risk because its unidirectional nature in transfer transactions makes it high risk.
Bitcoin does indeed carry certain risks, primarily because transactions confirmed on the blockchain cannot simply be reversed in the way transactions within traditional banking systems can. If someone mistakenly sends Bitcoin to the wrong address or falls victim to a scam, the process of recovering those assets can be extremely difficult.
#400 - September 02, 2026, 11:57:19 PM
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