Umigokath
Newbie
 Offline
Activity: 55
Merit: 0
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November 16, 2016, 03:03:30 AM |
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Bitcoin is more safe you cannot get robbed as a example, you can always have it with you if you have your phone with you.
Another thing is that you can pay with it all over the globe no transfer to fiat.
I agree you cannot get robbed by someone with cash this is the problem, you are much safer with the bitcoin plus it has more functions too. |
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"You Asked For Change, We Gave You Coins" -- casascius
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ethereumhunter
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November 16, 2016, 03:08:04 AM |
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Bitcoin is more safe you cannot get robbed as a example, you can always have it with you if you have your phone with you.
Another thing is that you can pay with it all over the globe no transfer to fiat.
I agree you cannot get robbed by someone with cash this is the problem, you are much safer with the bitcoin plus it has more functions too. indeed, i am agree that bitcoin can not be robbed but for now, i think having a cash is really important too beside we have bitcoin, because cash is still familiar with all people in every country and for bitcoin, there are just a few country that will know bitcoin. but it will not happen if bitcoin is know by every country and every people is using bitcoin, then maybe having bitcoin is a must that we should do. |
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arseaboy
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November 16, 2016, 04:32:50 AM |
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Bitcoin is more safe you cannot get robbed as a example, you can always have it with you if you have your phone with you.
Another thing is that you can pay with it all over the globe no transfer to fiat.
I agree you cannot get robbed by someone with cash this is the problem, you are much safer with the bitcoin plus it has more functions too. indeed, i am agree that bitcoin can not be robbed but for now, i think having a cash is really important too beside we have bitcoin, because cash is still familiar with all people in every country and for bitcoin, there are just a few country that will know bitcoin. but it will not happen if bitcoin is know by every country and every people is using bitcoin, then maybe having bitcoin is a must that we should do. Yeah both cash and bitc9ins are important it's just for me when it comes to investment I prefer bitc9ins because it's online all you have to do is to have an internet and a smartphone or laptop to do it. And it's more safer. |
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Japinat
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November 16, 2016, 08:17:43 AM |
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Bitcoin is more safe you cannot get robbed as a example, you can always have it with you if you have your phone with you.
Another thing is that you can pay with it all over the globe no transfer to fiat.
I agree you cannot get robbed by someone with cash this is the problem, you are much safer with the bitcoin plus it has more functions too. indeed, i am agree that bitcoin can not be robbed but for now, i think having a cash is really important too beside we have bitcoin, because cash is still familiar with all people in every country and for bitcoin, there are just a few country that will know bitcoin. but it will not happen if bitcoin is know by every country and every people is using bitcoin, then maybe having bitcoin is a must that we should do. Yeah both cash and bitc9ins are important it's just for me when it comes to investment I prefer bitc9ins because it's online all you have to do is to have an internet and a smartphone or laptop to do it. And it's more safer. Maybe you have not experience losing your bitcoin online that's why you concluded that it's safer, in my point of view this two have different purpose, cash has inflation but bitcoin fights inflation but if we see which has the bigger risk, it should be bitcoin. |
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X-ray
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November 16, 2016, 11:00:11 AM |
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Maybe you have not experience losing your bitcoin online that's why you concluded that it's safer, in my point of view this two have different purpose, cash has inflation but bitcoin fights inflation but if we see which has the bigger risk, it should be bitcoin.
the security is not going to be a problem if you can manage to get the possible best security and always be aware,none could access your wallet if your wallet were offline and not connected into internet,also you could just simply use any 2fa and sms code verification triple safety for your security |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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tee-rex
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November 16, 2016, 11:07:28 AM |
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Maybe you have not experience losing your bitcoin online that's why you concluded that it's safer, in my point of view this two have different purpose, cash has inflation but bitcoin fights inflation but if we see which has the bigger risk, it should be bitcoin.
the security is not going to be a problem if you can manage to get the possible best security and always be aware,none could access your wallet if your wallet were offline and not connected into internet,also you could just simply use any 2fa and sms code verification triple safety for your security If your keys are stored locally, all it would take to steal them is a trojan and a key-logger, in case you encrypt the keys with a password. Could you explain how a 2FA or sms code verification could help you prevent an intruder from stealing your money in that case? You can install an antivirus program, but I've seen many computers heavily infected even if they had it installed and seemingly working. |
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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November 16, 2016, 11:16:07 AM |
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Maybe you have not experience losing your bitcoin online that's why you concluded that it's safer, in my point of view this two have different purpose, cash has inflation but bitcoin fights inflation but if we see which has the bigger risk, it should be bitcoin.
the security is not going to be a problem if you can manage to get the possible best security and always be aware,none could access your wallet if your wallet were offline and not connected into internet,also you could just simply use any 2fa and sms code verification triple safety for your security If your keys are stored locally, all it would take to steal them is a trojan and a key-logger, in case you encrypt the keys with a password. Could you explain how a 2FA or sms code verification could help you prevent an intruder from stealing your money in that case? You can install an antivirus program, but I've seen many computers heavily infected even if they had it installed and seemingly working. It basically doesn't matter how much security measures people implement. If a hacker wants, he can invest a tremendous amount of time and effort into cracking your seized keys, wallet files, encrypted pictures of paper wallets, and the list goes on. The main point is that you shouldn't save all mentioned above on your computer, as they will be a potential target for certain viruses and hackers. Everything should be saved in several USB drives and external HDD's that aren't connected to the internet. Paper wallets should be hidden somewhere in your house. |
BSV is not the real Bcash. Bcash is the real Bcash.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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November 16, 2016, 11:48:36 AM |
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Maybe you have not experience losing your bitcoin online that's why you concluded that it's safer, in my point of view this two have different purpose, cash has inflation but bitcoin fights inflation but if we see which has the bigger risk, it should be bitcoin.
the security is not going to be a problem if you can manage to get the possible best security and always be aware,none could access your wallet if your wallet were offline and not connected into internet,also you could just simply use any 2fa and sms code verification triple safety for your security If your keys are stored locally, all it would take to steal them is a trojan and a key-logger, in case you encrypt the keys with a password. Could you explain how a 2FA or sms code verification could help you prevent an intruder from stealing your money in that case? You can install an antivirus program, but I've seen many computers heavily infected even if they had it installed and seemingly working. It basically doesn't matter how much security measures people implement. If a hacker wants, he can invest a tremendous amount of time and effort into cracking your seized keys, wallet files, encrypted pictures of paper wallets, and the list goes on. The main point is that you shouldn't save all mentioned above on your computer, as they will be a potential target for certain viruses and hackers. Everything should be saved in several USB drives and external HDD's that aren't connected to the internet. Paper wallets should be hidden somewhere in your house. it's the holders responsibility to ensure that his bitcoins were properly taken cared of, if it will be hack then that's because of negligence. I believe it's just right to strengthen the security of your assets although it's not physical and to follow the above-mentioned is a must. |
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tee-rex
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November 16, 2016, 03:43:21 PM |
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If your keys are stored locally, all it would take to steal them is a trojan and a key-logger, in case you encrypt the keys with a password. Could you explain how a 2FA or sms code verification could help you prevent an intruder from stealing your money in that case? You can install an antivirus program, but I've seen many computers heavily infected even if they had it installed and seemingly working.
It basically doesn't matter how much security measures people implement. If a hacker wants, he can invest a tremendous amount of time and effort into cracking your seized keys, wallet files, encrypted pictures of paper wallets, and the list goes on. The main point is that you shouldn't save all mentioned above on your computer, as they will be a potential target for certain viruses and hackers. Everything should be saved in several USB drives and external HDD's that aren't connected to the internet. Paper wallets should be hidden somewhere in your house. That's what I've been repeatedly telling people in the numerous threads about best web wallets. But they are still thoughtlessly claiming that the Blockchain.info wallet is the best wallet in existence. It seems like they don't fully comprehend that, for example, enabling two factor authentication in that wallet won't help them if their desktop gets infected and, as a consequence, their keys get stolen at the end of the day. |
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Mario274
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November 16, 2016, 03:54:20 PM |
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If your keys are stored locally, all it would take to steal them is a trojan and a key-logger, in case you encrypt the keys with a password. Could you explain how a 2FA or sms code verification could help you prevent an intruder from stealing your money in that case? You can install an antivirus program, but I've seen many computers heavily infected even if they had it installed and seemingly working.
It basically doesn't matter how much security measures people implement. If a hacker wants, he can invest a tremendous amount of time and effort into cracking your seized keys, wallet files, encrypted pictures of paper wallets, and the list goes on. The main point is that you shouldn't save all mentioned above on your computer, as they will be a potential target for certain viruses and hackers. Everything should be saved in several USB drives and external HDD's that aren't connected to the internet. Paper wallets should be hidden somewhere in your house. That's what I've been repeatedly telling people in the numerous threads about best web wallets. But they are still thoughtlessly claiming that the Blockchain.info wallet is the best wallet in existence. It seems like they don't fully comprehend that, for example, enabling two factor authentication in that wallet won't help them if their desktop gets infected and, as a consequence, their keys get stolen at the end of the day. I too often say this. And those people who are not going to spend Bitcoins, they still hold the public purse, and foreign servers. Safety is very important when working with cryptocurrency |
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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November 16, 2016, 03:59:41 PM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
Bitcoin is really good when it comes in privacy but we can't use bitcoin in everyday lives and needs we can't use that as physical money than cash we can use it for everyday basis and it will work out if we are buying something bitcoin for me is just for trading. |
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Mastsetad
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November 16, 2016, 05:31:10 PM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
Bitcoin is really good when it comes in privacy but we can't use bitcoin in everyday lives and needs we can't use that as physical money than cash we can use it for everyday basis and it will work out if we are buying something bitcoin for me is just for trading. By having bitcoins instead of cash it does not mean that you should keep all your money in bitcoin as that would make you unable to do anything right now because bitcoin is not yet reached every place where we spend money, so it simply means you should keep most of your funds in bitcoin instead of cash and have some money just for your expenditures until bitcoin does not reach mainstream. |
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Maslate
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November 17, 2016, 04:51:53 AM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
Bitcoin is really good when it comes in privacy but we can't use bitcoin in everyday lives and needs we can't use that as physical money than cash we can use it for everyday basis and it will work out if we are buying something bitcoin for me is just for trading. By having bitcoins instead of cash it does not mean that you should keep all your money in bitcoin as that would make you unable to do anything right now because bitcoin is not yet reached every place where we spend money, so it simply means you should keep most of your funds in bitcoin instead of cash and have some money just for your expenditures until bitcoin does not reach mainstream. It could be the right perception since we are in the crypto, by putting some of our money in bitcoin it shows that we are supporting bitcoin in any way and as a user we have to be optimistic that the future will bring good news to our investment. In my understand, it merely say about investment our money in bitcoin than just putting it solely in the bank. |
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goldcoinminer
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November 17, 2016, 05:37:46 AM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
Bitcoin is really good when it comes in privacy but we can't use bitcoin in everyday lives and needs we can't use that as physical money than cash we can use it for everyday basis and it will work out if we are buying something bitcoin for me is just for trading. By having bitcoins instead of cash it does not mean that you should keep all your money in bitcoin as that would make you unable to do anything right now because bitcoin is not yet reached every place where we spend money, so it simply means you should keep most of your funds in bitcoin instead of cash and have some money just for your expenditures until bitcoin does not reach mainstream. It could be the right perception since we are in the crypto, by putting some of our money in bitcoin it shows that we are supporting bitcoin in any way and as a user we have to be optimistic that the future will bring good news to our investment. In my understand, it merely say about investment our money in bitcoin than just putting it solely in the bank. Sure, there's a lot of investment but bitcoin is the hottest because we are in crypto as you say. The thing is, we are attracted to invest in bitcoin because there are investors who really make money and we want to be like them taking the risk to grow their money. |
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Carmen_Sandiego
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November 17, 2016, 05:48:04 AM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
I have to add the convenience of using it, as an important aspect regarding Bitcoin. Using it you can send and receive money simply and safely. It's understandable that at first, people may have some difficulty, because it is something new. But in a short time is possible to realize that it's a user-friendly payment system. |
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Positid
Sr. Member
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Activity: 378
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BULL RUN until 2030
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November 17, 2016, 08:26:22 AM |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
I have to add the convenience of using it, as an important aspect regarding Bitcoin. Using it you can send and receive money simply and safely. It's understandable that at first, people may have some difficulty, because it is something new. But in a short time is possible to realize that it's a user-friendly payment system. It's not really hard to understand if a person is an open minded person, willing to accept changes at all since this world is moving. We should not be left behind, bitcoin is here to help us and the economy as well. Cash and bitcoin are both useful so we have to use it and only choose depends on the situation or a specific kind of transaction. |
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deisik
Legendary
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Activity: 3444
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English ⬄ Russian Translation Services
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November 17, 2016, 09:50:51 AM
Last edit: November 19, 2016, 02:24:21 PM by deisik |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
Bitcoin is really good when it comes in privacy but we can't use bitcoin in everyday lives and needs we can't use that as physical money than cash we can use it for everyday basis and it will work out if we are buying something bitcoin for me is just for trading. By having bitcoins instead of cash it does not mean that you should keep all your money in bitcoin as that would make you unable to do anything right now because bitcoin is not yet reached every place where we spend money, so it simply means you should keep most of your funds in bitcoin instead of cash and have some money just for your expenditures until bitcoin does not reach mainstream. I don't think it is a good idea to hold your lifetime saving in bitcoins, either. Apart from that, I simply cannot agree that you are unable to do anything useful with Bitcoin right now because you are not able to spend it as money, i.e. pay for your expenses like you do with fiat. Many advanced web wallets (as well as some exchanges, for example, CoinsBank) now issue varieties of Bitcoin payment cards which would make your life with Bitcoin only just as easy and enjoyable as with any fiat money in your pocket... Things change in Bitcoin, and they change fast, and what was true just yesterday is no longer true today |
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carlisle1
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November 17, 2016, 12:44:15 PM |
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Cash still is much more convenient to use in everyday life than Bitcoin.
I don't think so. For me carrying physical cash is not only risky, but also inconvenient. On the other hand, I can make Bitcoin payments from my mobile phone in a matter of few seconds. It is convenient, and risk-free. What if you don't have an internet access or you are having trouble with your mobile phone signal and you are not carrying a money in your pocket isn't it inconvenient ? . Despite the risk of carrying a money whether it is a big or an average amount , we still need cash as we also need it for some expenses . We all know that bitcoin is also a currency but most establishments or businesses are not yet available for bitcoin transaction in a certain country therefore we are not able to use it , meaning to say having more bitcoin than cash is not always convenient and cash is more needed . |
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Vhern
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November 17, 2016, 01:04:35 PM |
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Maybe we should change the word "universal" to "internet", or at least add it...
Bitcoin in local stores can't compete with credit/debit cards and paper money however it can and will rule the internet, there's no better system.
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sunsilk
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November 17, 2016, 01:19:57 PM |
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Maybe we should change the word "universal" to "internet", or at least add it...
Bitcoin in local stores can't compete with credit/debit cards and paper money however it can and will rule the internet, there's no better system.
It can compete with those debit cards and there are some exchange sites that are offering bitcoin debit cards. So that is fine enough for bitcoin to compete chose type of banking services. And the price now of bitcoin is becoming higher and higher as the day goes by so it is better to use bitcoin for cashless transactions. |
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