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yugo23
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February 05, 2016, 08:56:52 AM |
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I think it really really safe. Especially since it is widely used by many people.
Namely, it is used all over the world. So I think it is safe.
Yeah and not only people (users) but there is also a whole industry on it! And lets face it, lots of people are using it for illegal stuff, it's rather practical. I don't think bitcoin will die as long as it's used by gangs and mafia xD |
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tn211
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February 05, 2016, 09:02:07 AM |
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Yes bitcoin is the securest payment method I know for sure.
Also the bitcoin itself is very secure, only the wallets are sometimes hacked by people.
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Lutzow
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February 05, 2016, 09:05:28 AM |
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It is safe as there are so many investors already. The whales are heavily invested into it and the only problem is the price stability in order for it to be used by more merchants.
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phreaky
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February 05, 2016, 09:26:54 AM |
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Of course the bitcoin is very safe, its the securest payment method there is available.
I think you just need to secure your wallets very good so your coins can't be stolen.
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Blue_Panda73
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Activity: 126
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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February 05, 2016, 10:42:56 AM |
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It is safe as there are so many investors already. The whales are heavily invested into it and the only problem is the price stability in order for it to be used by more merchants.
Yes. We want the price to be very stable to be used by merchants. At present, it is just a good tool for trading and investment. |
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Supercrypt
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Activity: 1554
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February 05, 2016, 12:51:01 PM |
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Bitcoin is very safe, its the best pay method in the world.
Its very safe and also untraceable.
The bitcoin is the future of all currency's
It is safe but it is traceable. All the transactions can seen online. People can trace the transactions easily. Yeah, it is the major problem for me that the transactions can be seen online to everyone. There should be some secret route for it so that others cannot know that how much the particular person is transacting . That is the only thing with which one can feel insecurity. |
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VegasCasinoBits
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February 05, 2016, 12:56:02 PM |
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Yes bitcoin is safe, but if you asking about its safe and satble i will say no, if you today buy 1 BTC fo 100$ so you can find the BTC hit the 150$ each BTC and here you buy agin, 5 hours later its go down to 75$ and you right now if you sell lose lot of money, but over wall i thnk bitcoin are safe and the price will be higher, on the shot time, i will not say its safe only if you think long time investment.
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wikenpp
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February 05, 2016, 02:46:14 PM |
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The bitcoin is very safe to use.
I think its the safest way to pay something online.
Also you just need good wallets that are protected because that's the issue of some people.
I really think Bitcoin is secure. But the online wallets are less safe I guess. Because I've heard that people are sometimes hacked there. And I certainly do not want to so I keep it on my own computer. |
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adicted
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February 05, 2016, 02:53:33 PM |
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I think it really really safe. Especially since it is widely used by many people.
Namely, it is used all over the world. So I think it is safe.
Actually bitcoins' technical aspects and feature made it safe , but in general, bitcoins safety will still depend on the holder/owner. Also if something is widely used by many people, it doesn't mean its safe at all. In the end, it will depend on you, no matter how safe bitcoin is and you are being careless and incautious, the security of bitcoin is useless. |
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agustina2
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February 05, 2016, 03:52:58 PM |
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I think it really really safe. Especially since it is widely used by many people.
Namely, it is used all over the world. So I think it is safe.
Actually bitcoins' technical aspects and feature made it safe , but in general, bitcoins safety will still depend on the holder/owner. Also if something is widely used by many people, it doesn't mean its safe at all. In the end, it will depend on you, no matter how safe bitcoin is and you are being careless and incautious, the security of bitcoin is useless. Exactly the owner itself is the key to make it safe but sometimes even with a safe owner,possibility of hacking is really have chances. That's thy using some precautions like multiple wallets can be a good practice. |
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davinchi
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February 05, 2016, 04:32:56 PM |
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it's not a very safe investment because of the volatility of the price but considering the physical risk then I think it's as safe or safer than saving money in your house etc...
You are right the volatility and instability of price makes our money unsecure. The price value of bitcoin when comes to down then it fly away a lot of money from millions of people. We need stable price for it, if the price were stable then super secure. But, still I love this price volatility for my trading. |
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agustina2
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Activity: 2436
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February 05, 2016, 04:35:20 PM |
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it's not a very safe investment because of the volatility of the price but considering the physical risk then I think it's as safe or safer than saving money in your house etc...
You are right the volatility and instability of price makes our money unsecure. The price value of bitcoin when comes to down then it fly away a lot of money from millions of people. We need stable price for it, if the price were stable then super secure. But, still I love this price volatility for my trading. In terms of safe investment in bitcoin, we can ride the price volatility to make profits in bitcoin. There are some advices by some bitcoin financial and trading experts on how to ride the market if the price turns down. |
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coinplus
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February 05, 2016, 05:25:08 PM |
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-snip-
Nope a wallet can nearly never been hacked. Unless you get a virus otherwise you'll never be hacked.
No what makes btc really secure is the number of people actually using it AND the number of companies mining it. It means lots of powerful people have interest in seeing btc working.
Added to that that the end of btc wouldn't help anyone!
Yeah, the security and risks for the bitcoin wallet is the same as other wallets and accounts online. You should have to make the some recommended security for your bitcoin wallet which you can adopt from here in this forum as well as from bitcoin wiki. |
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AMR008
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February 05, 2016, 05:36:11 PM |
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ofcourse it is not safe since the price vary too much....... last year i bought 1 btc of price 600$ around.. now its too less.. regarding this it is not safe. when it comes to security it is 100% safe if you have offline wallet..  |
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expert4knowledge
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February 05, 2016, 06:28:11 PM |
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ofcourse it is not safe since the price vary too much....... last year i bought 1 btc of price 600$ around.. now its too less.. regarding this it is not safe. when it comes to security it is 100% safe if you have offline wallet.. Isn't there any risk of losing offline wallet? I think it has some risks in this aspect. |
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Amph
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February 05, 2016, 06:51:30 PM |
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ofcourse it is not safe since the price vary too much....... last year i bought 1 btc of price 600$ around.. now its too less.. regarding this it is not safe. when it comes to security it is 100% safe if you have offline wallet.. Isn't there any risk of losing offline wallet? I think it has some risks in this aspect. only if you don't have a backup otherwise it's the most secure thing out there |
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mtnsaa
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February 05, 2016, 07:08:28 PM |
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I wouldn't in a million years put all my money in Bitcoin. As an investment and something you can afford to lose, it's fine but there are plenty of risks. From price volatility to actual loss of all your money if you are not careful, and even if you are, you never know for sure. To top it all off, many people here hate banks and similar things but they forget that they are regulated, Bitcoin it is not, it's the wild west so to many who could say well you have risk stashing money in a bank, it's not the same at all.
However, keeping some BTC for the long term can definitely prove to be a wise investment, I'm sure plenty of rich people have it, for them it's nothing if they lose it but it can be worth a lot in some years or give them one of the best ROI compared to other options even if it's riskier.
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Anddos
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February 05, 2016, 08:03:18 PM |
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As a "financial genius" you should know the answer to that by now. Sorry for the joke. Bitcoin is safer than banks. The power isn't only in the hands of some people but in the hands of everyone. I don't think you need to worry about losing you investments.
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Blue_Panda73
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fastdice.com The Worlds Fastest Bitcoin Dice
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February 06, 2016, 11:46:28 AM |
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Bitcoin gives you an option, you can use it without the banks. You can also use it with the banks if the banks allow you. That will be very safe.
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Master_dandosha
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February 06, 2016, 12:13:32 PM |
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Bitcoin is like your personal wallet . so when your wallet is full of money you are going to hold & hide in safe place .
So Bitcoin is safer than any banking system around in other world no financial cries , wrong polices would affect bitcoin .
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