Is Bitcoin as safe as its believers say?

[SoeNan89]

Trust is hard to get unless those who have dived into deep experience.  If you don't believe, you won't believe until you find a way to convince yourself otherwise.  Of course bitcoin enjoys the dividends that come with being a cryptocurrency pioneer and not just a pioneer, it's a refined coin and has a genus of strategy about it.
     Bitcoin is the best coin compared to other coins.  Even many people are deceived by the appearance of bitcoin. And those who are poor suddenly get rich with bitcoin.

[bekti3]

safe? in here you must first clarify what is meant by "safe" in what form?
and of course when talking about btc safe it is far from safe because there are so many thieves and fraudsters who are after our wallets and assets so we have to be extra in key security. this is the first
for the second is safe to invest in btc? Of course, there is also a risk that one of them takes from fud and a decline because bitcoin is fluctuating so there is no safe word in this case.
but for price stability I think it's safe here. because the fundamentals are already visible and you don't have to worry about FUD or falling prices because this investment is based on a long term basis, not just buying at that price and selling at a higher price

[Imran232]

First of all we have to know what why bitcoin is created?  Obviously,  for transaction security perpose plus transaction creator or reciever secuirity. And lots on anonymous perpose. If a thing is made for security perpose then why we Should think about is it safe or not? Now comes your your government statement. Just tell me one thing when government say anything posetive about bitcoin. They always try to stay away their people from bitcoin so that they can get more taxes of people’s income. Plus stock market tax. But in bitcoin they are unable to do it that's why they are spreading security type rumers. Its my opinion yours can be different.

[Gaaara]

from the current phenomenon because bitcoin has matched real money we use for payments or transactions for purchases, therefore automatically security is more sophisticated, but it's not as safe as cash that we use everyday..

Some countries are still restricted of bitcoin, and only few can actually use it for transactions and most of these countries needed a third party application to do so such as online wallets. I mean right now the only way you might lose your coins is by either sending it to a wrong wallet address forgetting your private key, or losing your hardware wallet either way it feels the same way as cash where you can lose it. So I think cash doesn't necessarily offers more security than bitcoin but I see your point.

Bitcoin might need to tighten its security sooner or later since more people will get interested in finding a way to breach it.

[emmaglory5]

If there is one thing your thread pointed out is about its believers. If you don't believe, you still won't until you've found a way to convince yourself otherwise. Of course bitcoin is enjoying the dividends that comes with being a pioneer cryptocurrency and not just a pioneer, it's a perfected coin and has a genus strategy about it. So, every crypto enthusiast has got yo recognise it. The only reason why some persons may not invest in BTC is because, they feel its too late with the price way up to thousands of dollars. So, many seek opportunities with the altcoins but I still think, bitcoin is the best and safest of all.

A few people might not be invested in BTC because they feel its too late since the price has reached thousands of dollars.

[22bits]

I don't understand why is everyone is panicking over this. From what I read, no information was given on how the authorities got access to the funds so are many possibilities, centralized services, weak passwords, etc.

  Yeah I tend to agree, just too much unsaid on what or how the authorities retrieved the funds, but nothing points to or indicates bitcoin is not safe.  Hopefully we will at some point know what retrieval method was used

[Kelvinid]

Are you in a panic? what you hear is just news to influence the market price. This is FUD. If you are already in the crypto world what makes you not believe it? Or maybe you don't even understand how blockchain works? I often hear questions from people who don't understand crypto, even they say Bitcoin is a scam.

It can be a FUD or not but I'm still believing that Bitcoin is safe.
We can force people to trust Bitcoin, it was their choice not to do it even we show some proof to them. Their mindset is negative and we have nothing to do with them until such a time that they will change their mind. I tend not to argue with them coz that only causes misunderstanding.

But FUD could never win against us. We know crypto and these people talking negatively, they are the Fudders and they will continue doing it no matter what it takes.