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Author Topic: Is Bitcoins safe?  (Read 90104 times)
Mr. Big
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January 28, 2016, 08:53:33 AM
 #221

i think is Bitcoin is safe in my opinion as compare to paper money because no one is stolen your money, you can purchase goods in safe mode


If keeping it safe from being seen by anyone, it is safe, but how long? we never know, bitcoin price moves very fast. I think it should be half fiat and half bitcoin if he want to keep, who knows what the price of bitcoin maybe. and might fall, so its better to be wife, put half in wallet and half in fiat.  Smiley
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January 28, 2016, 11:23:21 AM
 #222

i think is Bitcoin is safe in my opinion as compare to paper money because no one is stolen your money, you can purchase goods in safe mode


If keeping it safe from being seen by anyone, it is safe, but how long? we never know, bitcoin price moves very fast. I think it should be half fiat and half bitcoin if he want to keep, who knows what the price of bitcoin maybe. and might fall, so its better to be wife, put half in wallet and half in fiat.  Smiley

If the one million users today have half bitcoin and half fiat, the bitcoin price will be through the roof. I think we have 1% in bitcoin and 99% in fiat.

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January 28, 2016, 11:31:38 AM
 #223

Bitcoin is much safe, Bitcoin are in its growing path. These days bitcoin has met with some minor issues because of market scenario as well as by few statements put forth by the higher authorities of bitcoin. This gets eradicated in a short term and keep moving in the growing price.
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January 28, 2016, 11:50:13 AM
 #224

Yes bitcoin is very safe to use, I think its the securest way to buy things.
You just have to know what wallet to use, and not store all your bitcoins on one wallet.

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January 28, 2016, 01:32:49 PM
 #225

I think Bitcoin is very safe. Of course there is a chance that you can be hacked.
But Bitcoin itself is safe. It is used internationally.

And it is also very popular.
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January 28, 2016, 02:19:25 PM
 #226

I think Bitcoin is very safe. Of course there is a chance that you can be hacked.
But Bitcoin itself is safe. It is used internationally.

And it is also very popular.

Well its very safe, so you do not have to worry about that.
Bitcoin itself will never get hacked, the system will never be hacked its impossible.

What can be hacked is our wallets, so do not store all your bitcoins on one wallet.
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January 28, 2016, 03:00:20 PM
 #227

I think yes, bitcoin is safe. That's why so many people in the world still using bitcoins. i'm sure bitcoin will always safe. but we don't know maybe someday bitcoin will not safe anymore.
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January 28, 2016, 08:29:03 PM
 #228

Average user must handle something new like bitcoin wallet and transactions..
Must protect himself from malwares,viruses, hackers.
Everytime we use in exchange we dealing with great risk to kiss your money for goodbuy..
Where is  bitcoin security now?

*************************Too many scams beware******************************************
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January 29, 2016, 08:25:28 AM
 #229

all of your assets in bitcoin would be very risky, i would not advise this. Bitcoin (like protocol) is based on math laws so it's safe!
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January 29, 2016, 08:58:33 AM
 #230

Is bitcoin safe, yes it is I even think the bitcoin is the safest payment method there is available at the moment, as example paypal accounts are getting hacked very much. Plus bitcoin is secure,fast and untraceable.
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January 29, 2016, 09:14:02 PM
 #231

Bitcoin is safe but its users are not!

*************************Too many scams beware******************************************
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January 29, 2016, 09:52:39 PM
 #232

Bitcoin is safe, and so is the code.
What's not safe is the users who don't take enough precautions to protect their bitcoins.
Rizky Aditya
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January 30, 2016, 12:22:32 AM
 #233

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 ?
It is not safe to keep all your eggs in one basket. Keep some in Bitcoin and some in something else.
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January 30, 2016, 12:53:45 AM
 #234

I am using BTC and i dont have any problem and i think it is safe.
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January 30, 2016, 01:06:20 AM
 #235

i think is Bitcoin is safe in my opinion as compare to paper money because no one is stolen your money, you can purchase goods in safe mode
I think the risk of loss due to theft, always there. There are many kinds including a scam site or hacker
they are very clever, send malware into your computer and steal passwords, all the contents of your wallet, will be lost
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January 30, 2016, 02:04:41 AM
 #236

i think is Bitcoin is safe in my opinion as compare to paper money because no one is stolen your money, you can purchase goods in safe mode


If keeping it safe from being seen by anyone, it is safe, but how long? we never know, bitcoin price moves very fast. I think it should be half fiat and half bitcoin if he want to keep, who knows what the price of bitcoin maybe. and might fall, so its better to be wife, put half in wallet and half in fiat.  Smiley
I think if you are not sure about bitcoin, you'd better keep it in fiat money
because bitcoin is very volatile. you should be ready with all the possibilities that exist, including losses
1 BTC could be down cost only $ 100, it may be due to fluctuations
so you should know the risks

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January 30, 2016, 02:24:59 AM
 #237

I think if you are not sure about bitcoin, you'd better keep it in fiat money
because bitcoin is very volatile. you should be ready with all the possibilities that exist, including losses
1 BTC could be down cost only $ 100, it may be due to fluctuations
so you should know the risks
I agree, safe if not just about the physical security of bitcoin, like the wallet providers, but also include the volatility of bitcoin. If a currency is really volatile that it goes through hyperinflation, it is not safe as well. Bitcoin has reached a steady price, with some fluctuation, but still, better to keep most of your money in fiat and treat bitcoin like an investment.

Let just put it this way. The chances of bitcoin prices going down is greater than the chances of fiat (stable currency) prices going down. Although bitcoin is not as 'safe' in terms of the price, I do agree with all the advantages, so I trust bitcoin to be safe too.


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January 30, 2016, 02:27:59 AM
 #238

I think if you are not sure about bitcoin, you'd better keep it in fiat money
because bitcoin is very volatile. you should be ready with all the possibilities that exist, including losses
1 BTC could be down cost only $ 100, it may be due to fluctuations
so you should know the risks
I agree, safe if not just about the physical security of bitcoin, like the wallet providers, but also include the volatility of bitcoin. If a currency is really volatile that it goes through hyperinflation, it is not safe as well. Bitcoin has reached a steady price, with some fluctuation, but still, better to keep most of your money in fiat and treat bitcoin like an investment.

Let just put it this way. The chances of bitcoin prices going down is greater than the chances of fiat (stable currency) prices going down. Although bitcoin is not as 'safe' in terms of the price, I do agree with all the advantages, so I trust bitcoin to be safe too.
And of course, the system behind it is also incredible and serves as its foundation. As more people see the innovativeness of bitcoins (more than today, where a lot of the information is that bitcoin is a criminal tool) there will be a lot more public demand and potentially a lot more supporters and advocators of bitcoin. We can hope that this happens in the near future, but there's no definite probability. At least in our current time we can try for some profits. I'm feeling bullish about bitcoin, all the time!

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January 30, 2016, 03:58:02 AM
 #239

i think is Bitcoin is safe in my opinion as compare to paper money because no one is stolen your money, you can purchase goods in safe mode
I think the risk of loss due to theft, always there. There are many kinds including a scam site or hacker
they are very clever, send malware into your computer and steal passwords, all the contents of your wallet, will be lost

Actually bitcoin in itself is very safe and the keeping of it is safe also but because it is anonymous to some extent, scammers/thieves/hackers find it an easy target and that makes people think its not safe. But as it gets popular and reputable services start to accept it then these problems will be solved.

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January 30, 2016, 04:05:57 AM
 #240

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 ?
It is not safe to keep all your eggs in one basket. Keep some in Bitcoin and some in something else.
Very true. I keep some of my assets in Bitcoin, and then I keep some of them in gold.
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