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Author Topic: Is Bitcoins safe?  (Read 90051 times)
rektDude
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May 22, 2016, 08:27:49 PM
 #681

It's safe if you use it safe. By using i mean also keeping your bitcoins safe.
Don't store them on a pc where you download many warez for example. Or keep your coins with shady third party wallet provides/exhanges
co5hike
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May 22, 2016, 08:40:17 PM
 #682

Bitcoin is very safe as I don't think its that easy for anyone to steal or hack your coins as bitcoin wallets are very much safe and secure too.
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May 22, 2016, 08:52:00 PM
 #683

Its safe as long as your bitcoin does not come to scammers, dont be attracted by high payments cause, it has a higher chance of scamming you btc
only the company with ponzi scheme like hyip, cloud mining would scam your money and it has made the image of bitcoin be bad in the eyes of the laity.

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May 22, 2016, 09:03:31 PM
 #684

Its safe as long as your bitcoin does not come to scammers, dont be attracted by high payments cause, it has a higher chance of scamming you btc
only the company with ponzi scheme like hyip, cloud mining would scam your money and it has made the image of bitcoin be bad in the eyes of the laity.

Make sure that you are investing in genuine site as majority of them are scammers which will run away with your hard earned coins in long run.

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MingLee
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May 22, 2016, 09:23:51 PM
 #685

Bitcoin is backed up by massive amounts of cryptography, so your funds won't just get stolen and your private key won't just end up getting leaked or stolen, like your identity could be using other forms of payment, such as a credit card.

As for actually keeping them safe, that comes down to what you can do. Keep them off of internet-connected PCs that could have vulnerability issues, and keep your wallet on a usb, with multiple copes. Simple and secure.
goldcoinminer
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May 23, 2016, 02:03:13 AM
 #686

Bitcoin is backed up by massive amounts of cryptography, so your funds won't just get stolen and your private key won't just end up getting leaked or stolen, like your identity could be using other forms of payment, such as a credit card.

As for actually keeping them safe, that comes down to what you can do. Keep them off of internet-connected PCs that could have vulnerability issues, and keep your wallet on a usb, with multiple copes. Simple and secure.

That's true, bitcoin is really safe as long as you do safekeeping of your personal information and password to access your wallet, this is even safer that having our deposits in the bank which can be access by the bank employees and can be reviewed by the AMLC.
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May 23, 2016, 06:41:45 AM
 #687

Bitcoin is very safe, this is a digital currency and through blockchain we can manage our transactions transparently. People would not patronize the usage of bitcoins if they found it unsafe, and beside this has been audited already but a lot of experts as the source code is open for audit. What I like about it is the public ledger where you can see the movement of the market.

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InsideBjorn
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May 23, 2016, 07:22:05 AM
 #688

bitcoin is relatively safe, in the long term, don't look at the short term, plenty of manipulation going one, bitcoin need still plenty of time to grow

when everything about its problems will be settled, i beliave you will see the real usage of it, big merchants are waiting that after all, no reason for them to not accept bitcoin
i can tell you witch paying methods are save but the bitcoin isn't at all. That is because the bitcoin isn't real money its an code written by yoour computer so everyone can steal it if they want and if they can. So use paypal instead of bitcoin.
bitcoinhopper
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May 23, 2016, 07:37:38 AM
 #689

Its safe as long as your bitcoin does not come to scammers, dont be attracted by high payments cause, it has a higher chance of scamming you btc

You are right.. the best solution is to just old your bitcoins if you don't know what to do with them. olding is a good investment itself and also very safe. if you want to stay safe you have to stay away from major investments and peoples who ask you for money and promise you to give back you with lots of profit..
Investment is good but with very caution and carefully.
Of course Bitcoin is safe and there are lot of people that is holding it now because it is not that high value and that is the bad thing of the Bitcoin but that have to change.
But you need also to store your coins and that is also important and the best thing that you can do with Bitcoin is now holding.

newcoins1978
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May 23, 2016, 07:42:13 AM
 #690

Bitcoin is very safe, this is a digital currency and through blockchain we can manage our transactions transparently. People would not patronize the usage of bitcoins if they found it unsafe, and beside this has been audited already but a lot of experts as the source code is open for audit. What I like about it is the public ledger where you can see the movement of the market.

You are right about that the bitcoin is very safe compared with other currency's, I also think you can trust it without any doubts.
DuckKeeper
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May 23, 2016, 07:45:05 AM
 #691

There are many storys going around like is bitcoin safe enough to pay online and off course he isn't that save enough in these times. There are many computer freaks who can steal them right true your online wallet. So the question is the bitcoin safe... For now he isn't save at all.
InsideBjorn
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May 23, 2016, 07:45:06 AM
 #692

Is the bitcoin save that depends about the use of it. If you want to buy something on the internet you are not secured enough to get money back or something. Also storing them isn't secured enough not even in bitcoin wallets. It's to dangerous
Dwelach
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May 23, 2016, 07:54:06 AM
 #693

The question is bitcoin safe isn't hard to answer. because there is just one answer for that and is is not save enough to buy expensive shit. But for small things you can try to use it otherwise i would say use banks of Paypal.
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May 23, 2016, 07:59:05 AM
 #694

The question is bitcoin safe isn't hard to answer. because there is just one answer for that and is is not save enough to buy expensive shit. But for small things you can try to use it otherwise i would say use banks of Paypal.

I really cam say bitcoin is really safe because the dev applied different security measure so he can ensure his coin will be safety and maybe you see some insidents of hacking and thats the owners blame for being iresponsible for his wallet if bitcoin is not safe why there so many people are still using it and also the big investors to,

salmanahmedone
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May 23, 2016, 08:05:57 AM
 #695

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 ?

For me, Bitcoin is safe, but i want to tell you, you don't use your all assets in bitcoins, if you are not satisfied with it, you should start it in a small amount, than you realize it is good and also safe-sound, than you can use your all assets in bitcoins, all currencies take some risk, only need some study about which currency that you are using it than it will give you profit.
Chrismeister
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May 23, 2016, 08:18:03 AM
 #696

I don't know if it's save there wont be so many people who are rid of there bitcoins don't you think. So there is your answer is there will still people who got stolen these days. I can tell you the bitcoin is not save enough maybe in the future.
newcoins1978
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May 23, 2016, 08:23:31 AM
 #697

The bitcoin is indeed very safe and due to this fact, you can easily back up some money on the bitcoin.

rektDude
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May 23, 2016, 08:24:02 AM
 #698

No one should be keeping any more than a very modest percentage of their wealth in BTC. The potential is there for massive success or total disaster.
How do you define the total disaster? I know that this system is still in toddler shoes, with little little to no testing done on it (just comparing, to events of the future.). However if there was a disaster on bitcoin we could just fork off the chain before the disaster happened. So far this system has been proven to be the most robust system in the whole world. There is no shortage of people trying to brake it, to unlock pretty much unlimited wealth for themselves. However I agree that there is no telling what the future will bring.

I think what he meant with total disaster is the price going really low, imagine 10$, you bought 100 bitcoins at 300$ and now they are worth 10$, you will still have some money left but basically you lost everything and this can happen, we have seen bitcoin going from 200 to 400 in a matter of hours, the same could happen but in reverse so unless you have the bitcoins in an exchange ready to sell at ''x'' amount to avoid loses you wont benefit from having bitcoins
The bitcoin is not save enough for everything maybe for just storing them he is secured enough not even. And paying things on the internet are also risky so be careful for witch one you want to use them because hes quiet new and not secured enough.
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May 23, 2016, 09:24:46 AM
 #699

Bitcoin is very safe, this is a digital currency and through blockchain we can manage our transactions transparently. People would not patronize the usage of bitcoins if they found it unsafe, and beside this has been audited already but a lot of experts as the source code is open for audit. What I like about it is the public ledger where you can see the movement of the market.

people think bitcoin not safe because media says it, now some biggest company start accept bitcoin, i hope this is can make bitcoin more popular and more people interesting use bitcoin.
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May 23, 2016, 10:12:01 AM
 #700

The bitcoin can be considered as very safe in my opinion, I think it has a nice future a head these days.
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