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Author Topic: Is Bitcoins safe?  (Read 90051 times)
Altynbekova
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September 13, 2016, 01:42:24 PM
 #1281

I think that Bitcoin is pretty safe to use but there are always scammers active so look out for those people.
If you are just doing your own thing and not pay other people attention you should be alright.
Good advice and I think bitcoin is also so safe cause it's anonymous. Nobody can track you trough it for whatever reason they would be doing that. Also as I understand the system of the way how bitcoin works is also very secure and integer. But casinos etc get hacked all the time so watch out when playing in one.
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September 13, 2016, 03:59:48 PM
 #1282

There had been many instances that some tech news outlets claim that 'Bitcoin is hacked' when in fact the services utilizing bitcoins in their business is the one who was hacked. Bitcoin in itself is pretty darn secure in terms of cryptography. The only instances that it could have some compromise in terms of security is when a 51% attack occurs, resulting to a fork, a quantum computer being invented to brute-force priv keys (not gonna happen in our lifetime, boys) among others. As for being safe with bitcoins, it depends on you, how you keep your bitcoins and the way you store it. It's not the protocol's fault if your wallet was compromised because maybe you haven't did security checks and left it vulnerable for exploits and hacks.

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September 13, 2016, 04:32:52 PM
 #1283

A safe asset has attributes that traders mutually agree on, quickly and at low cost. Such objects can really become monetary instruments or exchange media. The purpose of coins was to make objects easily recognizable with little to almost no effort.So in that kind of sence we can tell BTC is safe,but you can always get hacked so it all depends on you and how and where you collect and keep your coins.

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September 13, 2016, 05:15:49 PM
 #1284

yes bitcoin is safe and no one can freez your money no matter what ever information they has just you protect your own private key of your wallet.i am sure they have to take illigal ways if they wamt to see whats inside your wallet
LegendaryMiner
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September 13, 2016, 09:42:59 PM
 #1285

In my opinion it is one of the safest options, if not the safest, available in time to make electronic payments and to store value, because it is backed by blockchain technology.

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September 13, 2016, 10:05:06 PM
 #1286

yes bitcoin is safe and no one can freez your money no matter what ever information they has just you protect your own private key of your wallet.i am sure they have to take illigal ways if they wamt to see whats inside your wallet

because of the feature that no one have control on our money in bitcoin and no one can freeze it, I like bitcoin the most and I try to keep more of my money in bitcoin and consider them at a more safe place even than in banks I like bitcoin and consider it more safer than banks.
CrimBit
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September 14, 2016, 02:03:53 AM
 #1287

In my opinion it is one of the safest options, if not the safest, available in time to make electronic payments and to store value, because it is backed by blockchain technology.

of course bitcoin is the safest way to save our money if we can save our privatekey, if we choose bitcoin for holding money, it's like we are "the bank" we must protect our bank from any person wo want to steal it.
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September 14, 2016, 07:49:58 PM
 #1288

Bitcoin is secure if the user is careful enough to protect his coins, but will not be so hard taking every precaution, because the best wallets provide resources for it.
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September 14, 2016, 09:03:48 PM
 #1289

Bitcoin is safe if you know how to keep them safe.

My recommendation is hardware wallets and you will be safe, no one will ever get access to your funds. Pretty good for me Smiley
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September 14, 2016, 10:24:01 PM
 #1290

I would say bitcoins are safe if you get them from a reliable source and don't involve yourself into bad situations and dealing with others when it comes down to it really.
Just keep your nose clean and you will be alright.

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September 14, 2016, 10:28:22 PM
 #1291

I don't understand something about bitcoin. Few days ago i checked one of my addresses on blockchain and i saw that there were other transactions coming and going from my address. I also saw my own transactions but there were some other transactions that weren't mine. How is this possible?

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CloudStrife
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September 14, 2016, 10:56:45 PM
 #1292

I think that, based on different criteria, it is one of the safest options currently available for electronic payment and also to store value. But more users need to familiarize themselves with this technology.
soros017
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September 15, 2016, 02:51:28 AM
 #1293

I would answer yes, Bitcoin is one of the safest alternatives to send, receive and store value.
The reason for this is that Bitcoin is backed by blockchain tech, the best technology available for this purpose.
maudevang
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September 15, 2016, 09:44:40 AM
 #1294

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.

I am new to this but can you not buy for cash on something like localBitcoins
I have never had any trouble with Bitcoin so I can say that it is pretty safe to use but you do not want to attract unwanted attention.
Because then maybe you will become a target.
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September 15, 2016, 02:09:55 PM
 #1295

Yeah bitcoin is much more safest and bitcoin is really very stronger and secure and a lot of people are store their money in bitcoin because bitcoin is very safest investment and i am sure bitcoin will be more grow up its price in the near future.
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September 15, 2016, 02:23:53 PM
 #1296

making business transactions online with bitcoin is safe"..saving your money in form of bitcoin to some extent is also safe...
Digitalbitcoin
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September 15, 2016, 02:47:05 PM
 #1297

Bitcoin is transparent and open ledger so the thing is already beyond safe or unsafe. Its already programmed in such way to it will be always secure and safe.

But still people getting scammed and lost their believe in bitcoin.
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September 15, 2016, 03:44:50 PM
 #1298

making business transactions online with bitcoin is safe"..saving your money in form of bitcoin to some extent is also safe...

Yes with exemption of storing it in an online wallet. If you do that it is at risk of being scammed and you dont know when that could happen. Better use it just as a temporary account for transactions.

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September 15, 2016, 03:57:09 PM
 #1299

Theres still benefit for those sellers for bitcoin that are sent can never be disouted unless the recepient sends it back.  This isn't the case with paypal as buyers always have the benefit to dispute and gets back their money while the product stays with them.
Yes they can still get profit when they are selling their bitcoin and if they are trading of course it still a profitable and bitcoin will keep your privacy safe of course and it always a bitcoin that we can trust with our money and the product of bitcoin is still strong and it will never be collapse
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September 15, 2016, 07:48:43 PM
 #1300

I don't understand something about bitcoin. Few days ago i checked one of my addresses on blockchain and i saw that there were other transactions coming and going from my address. I also saw my own transactions but there were some other transactions that weren't mine. How is this possible?
http://www.coindesk.com/information/how-do-bitcoin-transactions-work/

Look at:

What does a transaction look like?


&

What if the input and output amounts don’t match?

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