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Author Topic: Is Bitcoins safe?  (Read 90051 times)
coinplus
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January 05, 2016, 05:43:08 AM
 #181

Bitcoin is always safe. But many people are missing their actions towards securing their wallet and allowing the hackers to access their wallets and blaming bitcoin ecosystem. As long as you keep your wallets safely, bitcoin will remain safer for you.

the safety wallet for me is hardware wallet and paperwallet, also bitcoin QT wallet ( must use strong passphare/pasword, and back up it) some people use online wallet service, and they are not know if online wallet can shutdown his service, or online wallet can acces his bitcoin then our bitcoin stolen and lost it


and i believe BItcoin is safe

Yes i agree with you. Bitcoin is safe if you save your bitcoin into hardware wallet or paperwallet, because if you have big amount of bitcoin and you save it on online wallet. it's a bit risky imo.

Bitcoin is safe to use it as a currency for money transfer or to spend for daily needs through online. But need to secure our wallets with a strong encryption. Without securing our wallet cannot expect the safety of bitcoin ecosystem. So the safety of bitcoin is within us.
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January 05, 2016, 07:43:04 AM
 #182

Yes, bitcoin is safe. I think it is way for safe than credit cards. it cant be carded. The problem is with people. they need to stop using weak passwords. if you want to exchange all your money into bitcoin, I prefer you save it in cold storage. many online wallet provider's can't be trusted. Dont use the same e-mail and password on different sites, include symbols in your password. im shocked that in this era, people still dont know how to pick a strong password. all the passwords that I cracked dont have symbols in them. I know its to remember all of them, I store all of them in a offline storage and encrypt it with a strong password. I trust bitgo for handling my online wallet.
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January 05, 2016, 08:25:19 AM
 #183

Bitcoin is always safe. But many people are missing their actions towards securing their wallet and allowing the hackers to access their wallets and blaming bitcoin ecosystem. As long as you keep your wallets safely, bitcoin will remain safer for you.

the safety wallet for me is hardware wallet and paperwallet, also bitcoin QT wallet ( must use strong passphare/pasword, and back up it) some people use online wallet service, and they are not know if online wallet can shutdown his service, or online wallet can acces his bitcoin then our bitcoin stolen and lost it


and i believe BItcoin is safe

Yes i agree with you. Bitcoin is safe if you save your bitcoin into hardware wallet or paperwallet, because if you have big amount of bitcoin and you save it on online wallet. it's a bit risky imo.

Yes as long as the universe and solar system are safe, we not to worry about the safety of bitcoin ecosystem.
Because, it would take millions of years to crack down the algorithms of bitcoin ecosystem. So, there is no point in worrying about the safety of bitcoin.
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January 05, 2016, 08:30:00 AM
 #184

As of know, Bitcoins are as safe as fiat, stocks, gold or any other types og assets. As allways, you need to be safe about your assets: allways use a logical approach.
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January 05, 2016, 09:03:04 AM
 #185

Bitcoin is always safe. But many people are missing their actions towards securing their wallet and allowing the hackers to access their wallets and blaming bitcoin ecosystem. As long as you keep your wallets safely, bitcoin will remain safer for you.

the safety wallet for me is hardware wallet and paperwallet, also bitcoin QT wallet ( must use strong passphare/pasword, and back up it) some people use online wallet service, and they are not know if online wallet can shutdown his service, or online wallet can acces his bitcoin then our bitcoin stolen and lost it


and i believe BItcoin is safe

Yes i agree with you. Bitcoin is safe if you save your bitcoin into hardware wallet or paperwallet, because if you have big amount of bitcoin and you save it on online wallet. it's a bit risky imo.

Even with smaller amounts or any amount of bitcoins, its still not secure to store it on an online/web based wallet. Its really risky coz if something happened bad with the site, your bitcoins there will be affected. Just store it on a cold storage to be safer.
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January 05, 2016, 10:17:04 AM
 #186

Yes. I believe that it is very safe. I haven't lost anything. Just be careful and you will be fine.
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January 05, 2016, 10:20:21 AM
 #187

As of know, Bitcoins are as safe as fiat, stocks, gold or any other types og assets. As allways, you need to be safe about your assets: allways use a logical approach.
Definitely not ,Bitcoin is too unstable to even compere it with the fiats and neither it is safe from hacks and all that if large mounts get into play.
Even hard drives gets collapsed sometimes ,but i dont think any country will freeze your coins.

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January 06, 2016, 12:50:43 AM
 #188

Yes it is really safe.
It depends on the bitcoin wallet that you are using.
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January 06, 2016, 06:52:59 AM
 #189

Yes. I believe that it is very safe. I haven't lost anything. Just be careful and you will be fine.

Bitcoin is always safe only If it is wallet or transaction what ever it is. the thing is How we are giving the security preference. We have safe guard our things from scammers. Escrow we have keep all kind of transactions.We have to follow these kind of things to make us secure.
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January 06, 2016, 08:19:17 AM
Last edit: January 06, 2016, 03:41:58 PM by Amph
 #190

Yes it is really safe.
It depends on the bitcoin wallet that you are using.

it depend more on the user that use the wallet, not on the wallet, itself, every wallet with any secure hole, is safe

but the user knowledges is what put at risk your coins most of the time
blackmachinegun
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January 06, 2016, 10:41:52 AM
 #191

As of know, Bitcoins are as safe as fiat, stocks, gold or any other types og assets. As allways, you need to be safe about your assets: allways use a logical approach.
which makes it not safe is the fluctuation, because anytime bitcoin prices can change up or down,
This is different from fiat money
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January 06, 2016, 11:19:19 AM
 #192

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 ?

They need some kind of paper, and they need an order from president...Man if they wish to fuck u they will do it for sure. What is safe today, about what safty we can talk today? About the one if u listen your governmant and u do everything they say, and dont thing with your head then u will be safe for sure.

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January 06, 2016, 01:20:06 PM
 #193

As of know, Bitcoins are as safe as fiat, stocks, gold or any other types og assets. As allways, you need to be safe about your assets: allways use a logical approach.
Bitcoin is not only as safe as fiat,gold stocks etc but safest among all type of currency if you don't store your private key online. Bitcoin is also more transparent that other types of assets.

CrimBit
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January 06, 2016, 02:29:37 PM
 #194

Bitcoin is always safe. But many people are missing their actions towards securing their wallet and allowing the hackers to access their wallets and blaming bitcoin ecosystem. As long as you keep your wallets safely, bitcoin will remain safer for you.

the safety wallet for me is hardware wallet and paperwallet, also bitcoin QT wallet ( must use strong passphare/pasword, and back up it) some people use online wallet service, and they are not know if online wallet can shutdown his service, or online wallet can acces his bitcoin then our bitcoin stolen and lost it


and i believe BItcoin is safe

Yes i agree with you. Bitcoin is safe if you save your bitcoin into hardware wallet or paperwallet, because if you have big amount of bitcoin and you save it on online wallet. it's a bit risky imo.

Even with smaller amounts or any amount of bitcoins, its still not secure to store it on an online/web based wallet. Its really risky coz if something happened bad with the site, your bitcoins there will be affected. Just store it on a cold storage to be safer.

i think we need online service like blockchain.info , coinbase.com , because we can acces our wallet in more platform , we need only browser + internet acces to acces online wallet, and i think save some satosi (maybe arround 0.1btc) is still safe
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January 06, 2016, 02:37:26 PM
 #195

it depend more ont he user that use the wallet, not on the wallet, itself, every wallet with any secure hole, is safe

but the user knowledges is what put at risk your coins most of the time

All wallet are easy to use and secure but the reason someone's bitcoin could be hacked is that the person downloaded a malware that affect the wallet. Most of this malware are not detectable unless you use a premium antivirus to counter it, so knowledge is not really the thing but an expensive antivirus is the key

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January 06, 2016, 05:26:06 PM
 #196

Yes it is really safe.
It depends on the bitcoin wallet that you are using.

it depend more on the user that use the wallet, not on the wallet, itself, every wallet with any secure hole, is safe

but the user knowledges is what put at risk your coins most of the time
\yes it is true, all bitcoin safe if kept in a good place, but it all depends on how to use your wallet, if you use a password that is easy to guess, maybe it's not safe to keep it in your wallet despite the very nice and tight security

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Amph
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January 06, 2016, 07:30:52 PM
 #197

it depend more ont he user that use the wallet, not on the wallet, itself, every wallet with any secure hole, is safe

but the user knowledges is what put at risk your coins most of the time

All wallet are easy to use and secure but the reason someone's bitcoin could be hacked is that the person downloaded a malware that affect the wallet. Most of this malware are not detectable unless you use a premium antivirus to counter it, so knowledge is not really the thing but an expensive antivirus is the key

it's what i'm saying unless you use a trezor, every other device, is susceptible to infection, if used on a infected machine

i never heard of a user losing his coins, because of a hole in the client or whatever, and if it happened, it was an isolated case

99% of the time it's a malware/virus/rootkit etc...
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January 07, 2016, 03:11:39 AM
 #198

Yes it is really safe.
It depends on the bitcoin wallet that you are using.

it depend more on the user that use the wallet, not on the wallet, itself, every wallet with any secure hole, is safe

but the user knowledges is what put at risk your coins most of the time
yes true all the security is depends on you.. wallet gives you the freedom to choose a suitable security to your own
if me I prefer to verify sms

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January 08, 2016, 09:20:55 AM
 #199

As of know, Bitcoins are as safe as fiat, stocks, gold or any other types og assets. As allways, you need to be safe about your assets: allways use a logical approach.
which makes it not safe is the fluctuation, because anytime bitcoin prices can change up or down,
This is different from fiat money

The Bitcoin price is too volatile, the volatility is much bigger than gold or US dollar. So it is difficulty to treat it as safe investment.

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January 08, 2016, 09:41:45 AM
 #200

The old question is bitcoin safe? No. Bitcoin is never safe.
What you can do is just save maybe 2 bitcoin and just wait the other bitcoin you can trade is to earn money with it.
Let just say that we can never know what will happen in the future maybe go down or go up.
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