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Author Topic: Is Bitcoins safe?  (Read 90051 times)
Hellacopter
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September 23, 2016, 08:00:26 PM
 #1361

Bitcoin is safe if you secure good your wallet, and if you take good care before sending your coins , because there is no chargeback feature, once you sent your bitcoins you will never get it back.
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bitcoluck
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September 23, 2016, 08:03:11 PM
 #1362

I really have no doubts about that honestly, the bitcoin is just very good and safe to invest in.
nejibens
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September 23, 2016, 08:24:41 PM
 #1363

Bitcoin is safe as long as you secure your wallet enough, you own your bank account, there is no third parties which can hold your hard earned coins.
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September 24, 2016, 05:43:47 AM
 #1364

safe to store bitcoin. but you better melt BTC becomes a currency and in the save significantly.


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September 24, 2016, 05:56:00 AM
 #1365

safe to store bitcoin. but you better melt BTC becomes a currency and in the save significantly.
I agree if we make investment into bitcoin just for short term strategy, because of bitcoin's price has high fluctuation and more safe we make investment into another instrument of investment is like gold.
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September 24, 2016, 06:02:53 AM
 #1366

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 ?
yes bitcoin us totally safe . there is no chance to loss money but your idea to keep all assets momey in form of bitcoin is not good . because bitcoin price can effect the value of asset and also the money spent in that asset . so you should always remain in limit of investment of asset in btc
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September 24, 2016, 06:42:35 AM
 #1367

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 ?
yes bitcoin us totally safe . there is no chance to loss money but your idea to keep all assets momey in form of bitcoin is not good . because bitcoin price can effect the value of asset and also the money spent in that asset . so you should always remain in limit of investment of asset in btc

Bitcoin is only good for investment but not good for savings and for safe keeping of your money, the risk is their and since there is no insurance if something happens to your asset you will not be comfortable of that, put you money in the bank if you want to be safe.

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Caladonian
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September 24, 2016, 07:18:33 AM
 #1368

Bitcoin is safe if you secure good your wallet, and if you take good care before sending your coins , because there is no chargeback feature, once you sent your bitcoins you will never get it back.
if you are the one who will take care of it for sure it will but if you will entrusted it to an exchange maybe 50/50 chances of losing it as always, so bitcoin is safeness would be define on how you take care of it its your money anyway so no one would love to lose money.
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September 24, 2016, 08:19:14 AM
 #1369

Bitcoin is safe if you secure good your wallet, and if you take good care before sending your coins , because there is no chargeback feature, once you sent your bitcoins you will never get it back.
if you are the one who will take care of it for sure it will but if you will entrusted it to an exchange maybe 50/50 chances of losing it as always, so bitcoin is safeness would be define on how you take care of it its your money anyway so no one would love to lose money.
We need to learn what are the best way to safeguard our bitcoins otherwise we should not be investing at all. We might lose our money due to our negligence and we are talking of our investment here that we can use for our future.

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pocarime32
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September 24, 2016, 11:58:36 AM
 #1370

For me, bitcoins is very safe. I'm using bitcoin since 2-3 years ago and i never get a problem when using bitcoin. I'm sure people on this forum also have a same thoughts about this.
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September 24, 2016, 12:55:39 PM
 #1371

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 ?
If your asking for long run no one here will definitely know , but most of us think it positive that bitcoin will still continue to increase.

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jonpande
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September 24, 2016, 11:21:32 PM
 #1372

Bitcoin is secure. But many people who lost their actions towards securing their wallets and allows hackers to access their wallets. As long as you keep your wallet safe, bitcoin will remain safe for you. Roll Eyes Roll Eyes
greatr
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September 24, 2016, 11:55:12 PM
 #1373

Bitcoin is as safe as the user makes it.
Ther are many ways to make your coins unsafe.
You can invest in cloudmining, use weak passwords, be careless with transactions, store your coins at exchanges, trade into the wrong currency, and and and...
My point is that the unsafe part of bitcoin always sits in front of the computer.
thats true, everything depends only the person who has those bitcoins and no one else, i think that you should just use cold storage for that
Wowcoin
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September 25, 2016, 12:30:20 AM
 #1374

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 ?
Bitcoin is safe to put all your asset is not advisable to do that we know bitcoin can drop the price or totaly gone. Maybe invest some then your investment increase you can convert in cash you profit and put in your bank account. Everytime your invest have profit always convert it to protect your money.
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September 25, 2016, 05:31:53 AM
 #1375

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 ?
Bitcoin is safe to put all your asset is not advisable to do that we know bitcoin can drop the price or totaly gone. Maybe invest some then your investment increase you can convert in cash you profit and put in your bank account. Everytime your invest have profit always convert it to protect your money.
Putting all your assets  would not be  a good thing to do, as you said  bitcoins price would  eventually drop its price  in no time  and with that you would be experiencing  disaster  since you risk all your money on bitcoin but  if you have high trust  in bitcoin then  its up to you if you  put all of your assets on bitcoin. You must  take  on the possible outcomes that may happen.

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September 25, 2016, 05:37:41 AM
 #1376

if you put your money in banks then they can just give you a insurance type thing that if they are robbed then government will pay your money and if the bank is non govermental then its lost forever but with bitcoin we do not have to worry about anything because nobody can ever hack it directly until you yourself send your money to robber

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September 25, 2016, 05:46:57 AM
 #1377

Bitcoin is as safe as the user makes it.
There are many ways to make your coins unsafe.
You can invest in cloudmining, use weak passwords, be careless with transactions, store your coins at exchanges, trade into the wrong currency, and and and...
My point is that the unsafe part of bitcoin always sits in front of the computer.

also don't forget to use 2fa in each of your account, sms verification also a good way to make our wallet safe.
and don't use 3rd wallet for big holding, use full acces wallet like mycellium.
Using 2fa can really prevent you in some situations,it's really helpful and you'd better have it cause otherwise you may lose your coins

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September 25, 2016, 06:59:50 AM
 #1378

Keeping all your assets in bitcoin might be your worst idea you'll ever make or the best idea you'll ever make since it is unpredictable. I suggest that you should not invest all of your assets in bitcoin since it is unpredictable, just invest what you can lose. That way you won't be regretting in the near or far future what you have done just in case bitcoin became priceless in the future.
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September 25, 2016, 07:19:12 AM
 #1379

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 ?
Yes it is bitcoin is super safe to use online but some of exchange website i think noo where you can stock your bitcoin but if that exchange website and hacked you could probably lose everything you got in your exchange wallet bitcoin can helps our economics soon if bitcoin will be accepted world wide.

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September 25, 2016, 07:27:24 AM
 #1380

It actually depends on the website that you're using, your password, and the securities that you put in. You're your own bank in bitcoin so that means you're also the one to blame if that bank gets hacked.

If the website that you're using gets hacked, all of the funds will be taken away by the hacker including your funds.

Your password should be a combination of letters, numbers, and symbols. It'd be much better if the letters aren't all capital letters or small letters, a combination of the two would be harder to bruteforce.

Most Bitcoin wallet sites allows you to enable 2FA, SMS verification and email confirmation. It's up to you if you're going to enable all of them or just one of them.

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