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Author Topic: Is Bitcoins safe?  (Read 90051 times)
SvenBomvolen
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August 22, 2016, 07:13:08 PM
 #1121

   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   
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August 22, 2016, 07:19:07 PM
 #1122

   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   
The real prospects for investment in bitcoin I do not see too. I think if you have a bitcoin, which has produced only personally.
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August 22, 2016, 08:04:41 PM
 #1123

Yes bitcoin is safe because already established very well and there is no need to be worried.
Only thing you need to be worried though is altcoins, because some of them are not safe at all and you could lose your money.
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August 22, 2016, 08:31:17 PM
 #1124

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
yes i am also agree with you, bitcoin is really a safe investment, as we can see that more and more people are entering in the world of bitcoin and they are investing their money here, therefore bitcoin is becoming stronger, reliable, therefore to me in present time bitcoin is a safe investment as compare to other investments.
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August 22, 2016, 11:08:28 PM
 #1125

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then

 
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freedomgo
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August 23, 2016, 09:17:33 AM
 #1126

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then
We need to learn from the experience of ours not to entrust all our money in the exchange sites, we need to put a certain amount for trading and withdraw if when we are done trading for a day, it does not matter if it is inconvenient as long as it is safe.

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blackmachinegun
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August 23, 2016, 03:21:30 PM
 #1127

Bitcoins is really safe and no one can easily access to your wallet unless you are going to give your keys and password to someone you don't know.
Just like what the people in the deep web are doing. They are having transactions with the use of bitcoins so that their identity are going to be hide and hard to traced.
yeah I think security will depend on the wallet and the security that you wear. I use blockchain so even though they have my identifer but if they do not have my IP then they will not get into my purse. and I also added some it will be adding new authentication security on bitcoin wallet

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August 23, 2016, 03:28:47 PM
 #1128


if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
I think as long you not save your coins or money at exchanger it will not be a problem since we do withdraw/deposit every time we want to made a trade.
hendra147
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August 23, 2016, 04:06:58 PM
 #1129

   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   

it's very risky to go all in for save our money at 1 place, although is a gold investment or vault of bank, better we split our money to save in some place like gold, real estate, mining hardware etc.
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August 23, 2016, 04:24:54 PM
 #1130

In terms of asset-keeping, if it's not that strict on keeping such in your country/place, it is very safe as long as you keep your bitcoins in an encrypted wallet and only you knowing the passphrase. Also, just a friendly reminder, don't ever, ever keep your bitcoins in a third-party services because these services are susceptible of being hacked. In terms of taxation, I don't know how would it be taxed at all.

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crairezx20
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August 23, 2016, 04:56:43 PM
 #1131

   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   

it's very risky to go all in for save our money at 1 place, although is a gold investment or vault of bank, better we split our money to save in some place like gold, real estate, mining hardware etc.
i think if we save our money in banks its more safe than you split it because you have no guarantee if you save it and stay it in bitcoin wallet that you dont know how bitcoin will stay alive..
Ayers
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August 23, 2016, 05:04:57 PM
 #1132

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then

yeah bitcoin is safe di per se but exchange ar enot, i'm not holding anything also, what i've seen is that people thing that bitcoin was hacked, when they see an exchange it's hacked they don't understand that you can not hack bitcoin but only its third party

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airsounds
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August 23, 2016, 07:35:06 PM
 #1133


if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
I think as long you not save your coins or money at exchanger it will not be a problem since we do withdraw/deposit every time we want to made a trade.
thats true, i never put my money on an exchange in order for not to have any big problems with my money being stolen

richardsNY
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August 23, 2016, 07:46:01 PM
 #1134

In terms of asset-keeping, if it's not that strict on keeping such in your country/place, it is very safe as long as you keep your bitcoins in an encrypted wallet and only you knowing the passphrase. Also, just a friendly reminder, don't ever, ever keep your bitcoins in a third-party services because these services are susceptible of being hacked. In terms of taxation, I don't know how would it be taxed at all.

The only way for the government to tax your Bitcoin holdings is when you are declaring your coins and the profits you made. In reality, I can't see many people seriously doing this. At least, I wouldn't.
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August 23, 2016, 07:47:02 PM
 #1135


if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
I think as long you not save your coins or money at exchanger it will not be a problem since we do withdraw/deposit every time we want to made a trade.
thats true, i never put my money on an exchange in order for not to have any big problems with my money being stolen
I think that after what happened at bitfinex Exchange, many purses will be on the network side. Desk is the best for storage.
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August 23, 2016, 09:52:02 PM
 #1136

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site


And if someone want to put some amount of their bitcoins on any exchange then they should have to choose a bigger platform, so that in case of any lose they will be able to accept the lose and will not say just sorry to their members, the trusted and licensed exchange will definitely guarantee for our bitcoins.
ajun96
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August 23, 2016, 09:52:42 PM
 #1137

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
Lol what do you mean by unsafe? exchange is not the wallet dude? they are usually in exchange sites and got by third parties. you can not say it is not safe because where else we are going to convert my bitcoin? of course there is always a risk, but I think not necessarily all exchange sites unsafe
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August 23, 2016, 11:52:08 PM
 #1138

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
Lol what do you mean by unsafe? exchange is not the wallet dude? they are usually in exchange sites and got by third parties. you can not say it is not safe because where else we are going to convert my bitcoin? of course there is always a risk, but I think not necessarily all exchange sites unsafe
The same way we wont go into a new store exchange out fiat to the local fiat, we cant make our transactions at houses without reputation and trust, otherwise we would be donating. Bitcoin is very safe and healthy if you ask me, several projects mooving a good number of coins and miners making the bitcoin security.
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August 24, 2016, 12:17:13 AM
 #1139

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?
Its not safe to put all your assets into bitcoins. As we see the attacks of the hackers is happening very often. In terms on permission, i think its depends on you law at your area. Here.in my country, if your involve into crime such as graft and corruption or anything else thet involves money they will freeze all your money. But i think bitcoin cannot be freeze because its decentralize and not handled by banks or any third party.
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August 24, 2016, 01:34:45 AM
 #1140

Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?
Its not safe to put all your assets into bitcoins. As we see the attacks of the hackers is happening very often. In terms on permission, i think its depends on you law at your area. Here.in my country, if your involve into crime such as graft and corruption or anything else thet involves money they will freeze all your money. But i think bitcoin cannot be freeze because its decentralize and not handled by banks or any third party.
In generate bitcoin is safe and the only problem is the exchange sites who were not able to properly secure their clients, but that risk can be minimize but doing good measure like not putting all your money online particularly in exchange sites.

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