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Author Topic: Is Bitcoins safe?  (Read 90051 times)
mk4
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September 07, 2016, 04:29:22 AM
 #1201

Well, as long as you use bitcoin and other blockchain technologies correctly, protecting your data with the required measures, this will not bring you major problems.

Yes, i agree with you. Bitcoins is really safe and it's depend on how you use on bitcoin. If you download something suspicious on your computer that can hack your bitcoins, it become unsafe. but if you don't bitcoin is safe, very safe.

bitcoins on mobile is where it's at.. Well. until I somehow lose my phone.

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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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blackmachinegun
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September 07, 2016, 05:12:11 AM
 #1202

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.
I think bitcoin quite safe if you are good at storing your bitcoin. You can give a lot of authentication in order to get high security.
the problem was the risk involved with investing in bitcoin? you know that prices could fall very quickly?
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September 07, 2016, 07:31:24 AM
 #1203

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 ?

I'm not sure what you mean by "safe" , If you mean storing so no one really finds out about them then yes most likely you can do that . But if you mean selling all and buy BTC instead then... no one can be sure about that , price can decrease with time and can increase .. It all depends on many factors such Miners wanting to continue mining (If they see profit) , Supply-demand etc ...
Bitcoin cannot be frozen , and if you hide them I don't see how they will find out about them honestly .

Just want to hide some money. And I dont see, how I can get Bitcoins anonymously.


First of all , you shouldn't use exchanges (at least not Centralized one) that asks you for ID , passport and other personal information's .
You can search for someone to trade with on "Currency exchange" section (depends what are the payment methods you have) and that's it , who can know what the transaction was for ? unlike buying from an exchange .
Or you can use LocalBitcoins and try to find someone to meet him face to face (in your country/city) and you buy BTC against cash.

Not sure it would be easy to find the person or website that is willing to sell me a Bitcoin in the amount of more than $ 600,000. And, who also want to do it anonymously.


Bitcoins is not safe at all because i know that there are so many people who got rid by their coins because you cant trust any wallet. and that is not a good thing for the bitcoin if you cant trust wallets.
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September 07, 2016, 07:42:27 AM
 #1204

The bitcoin is far from safe because there are allot of peopel who are rid of their coins because of the bad security of the wallets no one wallet is trustable to the max.
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September 07, 2016, 09:48:23 AM
 #1205

The bitcoin is far from safe because there are allot of peopel who are rid of their coins because of the bad security of the wallets no one wallet is trustable to the max.
There is no problem with the bitcoin wallet, you will only be subject to hacking when you are not careful with your personal information or computer is infected with malware that will steal all your data. But in general if you will take all the necessary measures to safeguard your money you will be safe at all.

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September 07, 2016, 10:04:09 AM
 #1206

The bitcoin is far from safe because there are allot of peopel who are rid of their coins because of the bad security of the wallets no one wallet is trustable to the max.
I never got an problem by using online wallet even i'm not use extra security for protect my wallet but for more safe i suggest you to use 2fa.

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September 07, 2016, 11:11:21 AM
 #1207

Yes the bitcoin is safe but it depends on how you are using it and compared about how you are speaking about it.
Its save to invest in it but it stays a investment, if you are talking about the fact of wallets, its that you should not use a online wallet.
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September 07, 2016, 11:15:44 AM
 #1208

Yes the bitcoin is safe but it depends on how you are using it and compared about how you are speaking about it.
Its save to invest in it but it stays a investment, if you are talking about the fact of wallets, its that you should not use a online wallet.

using proper passphrases to secure wallet files is one of the most important things a lot people here aren't talking about. even if a wallet file of you get stolen, then the hacker can't do anything with it beside trying to brute force it.
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September 07, 2016, 12:10:40 PM
 #1209

The bitcoin is far from safe because there are allot of peopel who are rid of their coins because of the bad security of the wallets no one wallet is trustable to the max.
I never got an problem by using online wallet even i'm not use extra security for protect my wallet but for more safe i suggest you to use 2fa.

i have bad experience with online wallet like blockchain.io, someone hack my btc-e account, then poloniex, bittrex and i lost arround 2btc.
now im not using any online walet except using 2fa for 2nd security level
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September 07, 2016, 12:58:21 PM
 #1210

The bitcoin is very safe but keep in mind that it has some risks if you are working with a online wallet.
I do not recommend you to do this because you can than get hacked or something else can happen that will let you lose bitcoins.
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September 07, 2016, 02:21:57 PM
 #1211

It's safe till you are not a rich guy with millions on your wallets and everybody trying to steal your money in different scam ways, so it's safe, yes  Grin

Yes but even if your rich then people wouldn't be able to figure out that you have all your money in bitcoin.
Bitcoin is pretty safe but still hackable i think but not just by any script kiddie so thats okay. I would guess bitcoin is as safe or even more safe as putting your money in the bank so you have nothing to worry about. Only benefit of bank is your insured up till a certain amount of money here and bitcoin not really.
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September 07, 2016, 02:50:35 PM
 #1212

Bitcoins are far from safe that is what i can tell you i cant tell you why because i lost allot of coins and i never wish that to some one else be careful who you trust in trades and other things.
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September 07, 2016, 05:48:58 PM
 #1213

Of course, I believe that Bitcoin is very safe. There are several scammers, and that is very bad. But you have just to be careful. And trust only the people you know and not every person.
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September 08, 2016, 03:11:36 PM
 #1214

I'm sure bitcoin is very safe, many people using bitcoin and no one complain about bitcoin and no issue about it. The problem in bitcoin is there are many hackers out there and that's make bitcoin become unsafe.

Yeah, bitcoin very safe if you only save on the wallet and wait for prices to rise, and not using bitcoin for anything, including investments. but you must save in a good wallet to avoid hackers.
yeah bitcoin is really very safest than other currency and i also save my bitcoin in wallet for rise its price and not spend or use it in anywhere because i am sure that price will be rise up sooner.

thats true, in my opinion bitcoins will always be really safe because it is impossible to hack it if you hold it in a cold storage right now
you are right, it will be safe because in my opinion bitcoins code is unhackable, i thing that because of that the bitcoin price should grow

 
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September 08, 2016, 04:03:31 PM
 #1215

No one can freeze your BTC, but it's risky to store all your assets in BTC because of high volatility rate. So technically it's very safe but not safe in terms of investment
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September 09, 2016, 06:31:06 AM
 #1216

In my opinion, Bitcoin is very safe. You can also earn some extra money with it and that is pretty good. But you never know, of course, what will happen in the future. I think Bitcoin will be safe anyway.
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September 09, 2016, 06:33:52 AM
 #1217

btc is "sure" but there is always a risk.
you can loss the priv key, you can loss your password, you can potential trust a site that is not good and send your btc...

Probably it's one of the best way to store "extra money" just because are invisible and pretty sure (with some precautions)

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September 09, 2016, 06:52:17 AM
 #1218

btc is "sure" but there is always a risk.
you can loss the priv key, you can loss your password, you can potential trust a site that is not good and send your btc...

Probably it's one of the best way to store "extra money" just because are invisible and pretty sure (with some precautions)


if only hold bitcoin I think it's safe, lost password it is a mistake yourself.
as long as you keep the good it would be safe. because all this time I never get lost passwords or priv key.

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September 09, 2016, 06:54:56 AM
 #1219

Of course yes bitcoin is safe and there's a lot of ways to earn bitcoin FOR FREE and if you have already knowledge on bitcoin then you can use it to earn bitcoin online like me im earning bitcoin by just doing posting i trust bitcoin because i get it for free and for me YES bitcoin is definitely SAFE.

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September 09, 2016, 01:01:43 PM
 #1220

btc is "sure" but there is always a risk.
you can loss the priv key, you can loss your password, you can potential trust a site that is not good and send your btc...

Probably it's one of the best way to store "extra money" just because are invisible and pretty sure (with some precautions)


if only hold bitcoin I think it's safe, lost password it is a mistake yourself.
as long as you keep the good it would be safe. because all this time I never get lost passwords or priv key.

And losing access to private keys are users fault and not the bitcoin itself.

People are happy that they have freedom in bitcoin but always on a verge of loneliness when they lost bitcoin due to user's mistakes.
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