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Author Topic: Is Bitcoins safe?  (Read 90051 times)
HostSurf
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December 08, 2015, 03:28:40 PM
 #81

Nope they are not safe yet, you will loose money if you buy high. Now is not a good time to buy people.

Why not, maybe the price of bitcoin won't go lower in 2016 or ever.
Buying now just little amounts is good to do, only if you do a long term and holding it is a good idea.

Indeed, it's better to buy now, I don't think the price will drop again lower than $350.
If it does you're lucky to buy in then.

I really don't understand that why people talk nonsense in each of these threads???
Threads regarding price are there, we should talk about price therein...
@OP,
And about safety of bitcoins, yes they are safe, if you can keep them safe...
They ain't any virus, they are an electronic value that you will see in your wallet in numbers however much you will have... Smiley

How can you be sure that investing in bitcoins is safe? How? Are you a fortune teller? Can you see the future?
As far as I can tell, nothing you invest in is safe. You don't know what happens to the market in a year from now. You can only predict and speculate until that time comes.
randy8777
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December 08, 2015, 03:32:58 PM
 #82

Nope they are not safe yet, you will loose money if you buy high. Now is not a good time to buy people.

Why not, maybe the price of bitcoin won't go lower in 2016 or ever.
Buying now just little amounts is good to do, only if you do a long term and holding it is a good idea.

Indeed, it's better to buy now, I don't think the price will drop again lower than $350.
If it does you're lucky to buy in then.

I really don't understand that why people talk nonsense in each of these threads???
Threads regarding price are there, we should talk about price therein...
@OP,
And about safety of bitcoins, yes they are safe, if you can keep them safe...
They ain't any virus, they are an electronic value that you will see in your wallet in numbers however much you will have... Smiley

How can you be sure that investing in bitcoins is safe? How? Are you a fortune teller? Can you see the future?
As far as I can tell, nothing you invest in is safe. You don't know what happens to the market in a year from now. You can only predict and speculate until that time comes.

there isn't something as a save investment. all investments have a certain risk. you can say that bitcoin has a low risk if you keep the potential growth in mind.
HostSurf
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December 08, 2015, 03:41:40 PM
 #83

Nope they are not safe yet, you will loose money if you buy high. Now is not a good time to buy people.

Why not, maybe the price of bitcoin won't go lower in 2016 or ever.
Buying now just little amounts is good to do, only if you do a long term and holding it is a good idea.

Indeed, it's better to buy now, I don't think the price will drop again lower than $350.
If it does you're lucky to buy in then.

I really don't understand that why people talk nonsense in each of these threads???
Threads regarding price are there, we should talk about price therein...
@OP,
And about safety of bitcoins, yes they are safe, if you can keep them safe...
They ain't any virus, they are an electronic value that you will see in your wallet in numbers however much you will have... Smiley

How can you be sure that investing in bitcoins is safe? How? Are you a fortune teller? Can you see the future?
As far as I can tell, nothing you invest in is safe. You don't know what happens to the market in a year from now. You can only predict and speculate until that time comes.

there isn't something as a save investment. all investments have a certain risk. you can say that bitcoin has a low risk if you keep the potential growth in mind.

That's exactly what I mean, there are risks in every investment that you make whether it's a small chance or a big one.
It's still a risk that you can lose your investment and actually lose money.
Bitcoin is unpredictable so you can't really say for sure that it's a save investment
AtheistAKASaneBrain
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December 08, 2015, 04:08:40 PM
 #84

Nope they are not safe yet, you will loose money if you buy high. Now is not a good time to buy people.

Why not, maybe the price of bitcoin won't go lower in 2016 or ever.
Buying now just little amounts is good to do, only if you do a long term and holding it is a good idea.

Indeed, it's better to buy now, I don't think the price will drop again lower than $350.
If it does you're lucky to buy in then.

I really don't understand that why people talk nonsense in each of these threads???
Threads regarding price are there, we should talk about price therein...
@OP,
And about safety of bitcoins, yes they are safe, if you can keep them safe...
They ain't any virus, they are an electronic value that you will see in your wallet in numbers however much you will have... Smiley

How can you be sure that investing in bitcoins is safe? How? Are you a fortune teller? Can you see the future?
As far as I can tell, nothing you invest in is safe. You don't know what happens to the market in a year from now. You can only predict and speculate until that time comes.

there isn't something as a save investment. all investments have a certain risk. you can say that bitcoin has a low risk if you keep the potential growth in mind.

Bitcoin as in the protocol and teh technology behind it is the safest thing on earth, as proved in the last 7 years. Bitcoin has never been hacked, only people holding Bitcoin has been hacked (this includes badly ran exchanges). So the lesson is, make your Bitcoin's safe, and you will be safe.
Price wise, it's also safe to say that the only way is UP long term.
neochiny
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December 08, 2015, 04:40:44 PM
 #85

bitcoin itself is not safe, but it can be if youre cautious
enough to see what is happening in bitcoin, ofcourse im
not just talking about bitcoin, you need to look out for
scammers and be wise how you use your btc.

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EngiNerd
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December 08, 2015, 04:44:54 PM
 #86

I feel like this (adapted) quote from Chronicles of Narnia is applicable here Smiley

Quote
"Then bitcoin isn't safe?’ said Lucy. "Safe?’" said Mr.
Beaver; "Who said anything about safe? "Course it isn't safe.
But its good. Bitcoin is the crypto King I tell you."

davinchi
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December 08, 2015, 07:05:50 PM
 #87

bitcoin itself is not safe, but it can be if youre cautious
enough to see what is happening in bitcoin, ofcourse im
not just talking about bitcoin, you need to look out for
scammers and be wise how you use your btc.

If you are not fully protected, not only your bitcoin each and everything of your belongs are vulnerable to robbers/hackers/scammers.

Bitcoin system itself safe as this universe. Until our Sun gets fade away, no one can crack the SHA256 algorithm. Only with year 3100's super quantum computer, you may crack it in just 200 years of time.
Snorek
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December 08, 2015, 07:15:11 PM
 #88

bitcoin itself is not safe, but it can be if youre cautious
enough to see what is happening in bitcoin, ofcourse im
not just talking about bitcoin, you need to look out for
scammers and be wise how you use your btc.
What are you talking about exactly? How bitcoin itself is not safe exactly? It is not safe in the same way as having money is not safe - because you can lose it - but it depends on you alone..
If you are storing your coins on a machine with no password, firewall, antivirus or anti-malware programs then of course it is not safe.
dragonusa9
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December 08, 2015, 07:21:09 PM
 #89

Bitcoin is safe for online digital currency, dont stock too much BTC in hot wallet(use cold wallet for more protection)
but im not sure if you place all of your money in bitcoin because if you lost it once
you will never find/track it again because the anonymous thing itself
Straux
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December 08, 2015, 07:24:10 PM
 #90

Bitcoin's are only as safe as you are. If you stay clear from Malware, you want lose your coins. Boo government van intervene with your coins, as they have boo control over your wallet.
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December 08, 2015, 07:29:55 PM
 #91

Bitcoin is safe in many ways and it depends how and where you spend your bitcoin, dealing always through escrow is the best way to stay safe.
adicted
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December 08, 2015, 07:34:56 PM
 #92

Are you really sure ALL of your assets? I say no cuz bitcoin price right now is unpredictable, one day it will be worth thousands of dollars or even millions but it can be also worthless one day.  And regarding to freezing your money, its a no. Bitcoin has no government and you are free to hold bitcoins as much as you can without any permissions and issues. When you got a bitcoin wallet, its like you have your own bank.
Sir_lagsalot
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December 08, 2015, 07:39:14 PM
 #93

I wouldn't say it'd be good to invest all your assets in bitcoin, but I'd just say, maybe a few thousand dollars. If you keep your computer safe, your computer will keep your coins safe. And no, I don't mean downloading an antivirus, but staying on big trusted sites like Google, downloading things only from the official site and not going to porn sites  Grin
Mickeyb
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December 09, 2015, 08:24:55 AM
 #94

Bitcoin's are only as safe as you are. If you stay clear from Malware, you want lose your coins. Boo government van intervene with your coins, as they have boo control over your wallet.

He is asking if Bitcoin protocol is safe, and yes it's very safe. In 7 years it has never been hacked.

About government taking your coins, yes they can if they can make you give them your coins. I would still say that it's much easier to protect your coins from the government than Fiat money.
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December 09, 2015, 11:02:09 AM
 #95

Bitcoin is safe in many ways and it depends how and where you spend your bitcoin, dealing always through escrow is the best way to stay safe.
Actually We can maintain all kind money utilization through bitcoin. If have escrow also, There are many scammers here and there to loot our crypto currency by hacking and spamming you. Still many companies like Dell, Apple, Amazon are handling their money in Bitcoins. Just go through the privacy policies before you investing money. then try it.
richardsNY
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December 09, 2015, 05:33:23 PM
 #96

Bitcoin's are only as safe as you are. If you stay clear from Malware, you want lose your coins. Boo government van intervene with your coins, as they have boo control over your wallet.

That's right. If you don't click on unknown links or install programs that promise you to generate unlimited Bitcoins, then you'll be fine. If you take all this in mind, then it's all safe.
jt byte
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December 09, 2015, 06:24:41 PM
 #97

Bitcoin's are only as safe as you are. If you stay clear from Malware, you want lose your coins. Boo government van intervene with your coins, as they have boo control over your wallet.

That's right. If you don't click on unknown links or install programs that promise you to generate unlimited Bitcoins, then you'll be fine. If you take all this in mind, then it's all safe.

Yeah if you are holding your bitcoins just better becareful what you download and wich links you are clicking.
The people who just want to hold your bitcoin for a long time buy a trezor or just a paper wallet.
avw1982
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December 09, 2015, 07:10:55 PM
 #98

bitcoin itself is not safe, but it can be if youre cautious
enough to see what is happening in bitcoin, ofcourse im
not just talking about bitcoin, you need to look out for
scammers and be wise how you use your btc.
Yup Bitcoin is not safe because the scammers and hackers will try to hack our wallet and loot the BTC. But Its very good for saving your money its will go remarkable price than country currencies.and If saves money in BTC wallet That is more safer than bank. there is no interest or other
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December 09, 2015, 07:15:26 PM
 #99

bitcoin itself is not safe, but it can be if youre cautious
enough to see what is happening in bitcoin, ofcourse im
not just talking about bitcoin, you need to look out for
scammers and be wise how you use your btc.
Yup Bitcoin is not safe because the scammers and hackers will try to hack our wallet and loot the BTC. But Its very good for saving your money its will go remarkable price than country currencies.and If saves money in BTC wallet That is more safer than bank. there is no interest or other

Yes Bitcoin is like a boom for this generation if you save it in BTC wallet and use it when the price of Bitcoin shoots up to sky then you will be very rich but you need to be aware of hackers make sure you protect it from hackers

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Cereberus
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December 09, 2015, 07:39:22 PM
 #100

No not safe. I feel like when it is so volatile like it is, that it is so unpredictable to buy or even sell.




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