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Author Topic: Is Bitcoins safe?  (Read 90051 times)
ibh98
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June 03, 2016, 04:12:48 AM
 #781

Look, price of bitcoin rising very quickly. It can down in any time. So who can say that it's price safe.
Cybertron00
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June 03, 2016, 04:19:14 AM
 #782

Man your safe in using bitcoin. In using it you are anonymous. No one can access or freeze your wallet just you. Just remember to put up a security in it and be careful in transacting with bitcoin, because there are many scammers nowadays and it is convenient for them to use bitcoin to gain money from scam.
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June 03, 2016, 04:24:58 AM
 #783

The bitcoin is very safe because its so good secured, if you get hacked its of course you own mistake.
If we talk about the other type of safe, the answer is no because investments are not safe.
Exactly, the most feature of bitcoins that make it safe is due to the fact that it is decentralize, you will not be afraid that any 3rd party will stole your cash, just like when you deposit to a bank, the bank officers can access your funds if they plan to steal from you, but with bitcoins it's completely safe and nobody can take your funds and you can monitor it anytime you want.

Yes decentralizition makes bitcoin safe and wallet have highest security feautures that even great hackers cannot broke inside and i really can say the safetiness for bitcoin is just on beholders of the funds because it is there obligation to secure or be wise were they putting it because bitcoin is anonimous and prone to be scam and thats what taken advantage for some fraudster nowadays, 

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June 03, 2016, 05:17:49 AM
 #784

The wallets are very safe these days, if you need a very good secured wallet take a offline wallet.
I recommend you to take a paper wallet its easy to manage and also very secure.
agustina2
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June 03, 2016, 05:48:29 AM
 #785

The wallets are very safe these days, if you need a very good secured wallet take a offline wallet.
I recommend you to take a paper wallet its easy to manage and also very secure.

Offline wallet are safe since their inception. It's just that people doesn't taking any precautions to make their wallet safe.

Most of people are happy because they control their own money using a wallet but still lots of bitcoin lost are present this days.
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June 03, 2016, 07:33:27 AM
 #786

The bitcoin is very safe because its so good secured, if you get hacked its of course you own mistake.
If we talk about the other type of safe, the answer is no because investments are not safe.
Exactly, the most feature of bitcoins that make it safe is due to the fact that it is decentralize, you will not be afraid that any 3rd party will stole your cash, just like when you deposit to a bank, the bank officers can access your funds if they plan to steal from you, but with bitcoins it's completely safe and nobody can take your funds and you can monitor it anytime you want.

Yes decentralizition makes bitcoin safe and wallet have highest security feautures that even great hackers cannot broke inside and i really can say the safetiness for bitcoin is just on beholders of the funds because it is there obligation to secure or be wise were they putting it because bitcoin is anonimous and prone to be scam and thats what taken advantage for some fraudster nowadays, 
For anyone who already doubt the safeness of using bitcoins he use also take into consideration to analyze that bitcoins has been in existence for many years and it is vulnerable online for hackers as it is accessible anytime in the web but I have not heard any bad news about hacking, so the results trust bitcoins and use it on a daily basis.

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Nowl1935
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June 03, 2016, 08:38:13 AM
 #787

Bitcoin is very safe you can use bitcoin anonymously, Your bitcoin cant be stealed easily, You have your own key so the hackers wont easily go through your wallet its more safer than the banks
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June 04, 2016, 05:00:01 AM
 #788

Bitcoin is very safe you can use bitcoin anonymously, Your bitcoin cant be stealed easily, You have your own key so the hackers wont easily go through your wallet its more safer than the banks
Exactly, banks can rob the depositors as they have access to our accounts and so as the government, with bitcoins it is decentralized so nobody can touch and monitor our accounts, totally safe.
Marbit
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June 04, 2016, 02:26:20 PM
 #789

I think it is safe like others online banking system. After all sometime could be incident by Cyber crime or by hacker it is simple what is happening for every other currency's. Any way we can say its safe, there is nothing to scare. Smiley Smiley   
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June 04, 2016, 04:06:55 PM
 #790

bitcoin is very safe place to investment, to safe your money too.
i think the paper walet also the best option for bitcoin holder, less fee and high security (offline mode) Smiley
Mr.grin
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June 04, 2016, 04:38:25 PM
 #791

bitcoin is very safe place to investment, to safe your money too.
i think the paper walet also the best option for bitcoin holder, less fee and high security (offline mode) Smiley
yes, bitcoin is very safe, but it can not you feel unless you try it, remember the experience is the best teacher, because if you only hear from people, you will not be able to develop, try bitcoin and see how secure it
PacePay
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June 04, 2016, 05:27:46 PM
 #792

Yes the bitcoin is very safe in my eyes, I even think its one of the safest pay methods available these days.
Its just so secure and it has a lot of advantages.

Yes it is the safest way to pay any person or for transactions of any kind especially from the government taxes etc, but the problem is that it is irreversible which make it hard for recovering our money from scammers.
richardsNY
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June 04, 2016, 05:41:05 PM
 #793

bitcoin is very safe place to investment, to safe your money too.
i think the paper walet also the best option for bitcoin holder, less fee and high security (offline mode) Smiley
yes, bitcoin is very safe, but it can not you feel unless you try it, remember the experience is the best teacher, because if you only hear from people, you will not be able to develop, try bitcoin and see how secure it

How will a newbie having just started using Bitcoin experience how secure it is? They probably don't even know how to secure their wallet files. They most likely don't even know how to back up their wallet files.
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June 04, 2016, 10:31:00 PM
 #794

Bitcoin itself is safe enough and it is really really hard to be hacked(bruteforeced) but the main thing is to the client, how secure/safe is your environment (your pc or your mobile if you are using mobile bitcoin client), try to encrypt the backup wallet data, strong password and try to not get infected by malwares.
hermanhs09
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June 05, 2016, 12:51:11 AM
 #795

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 ?

As long as you keep your coins secure in a cold storage wallet, you're pretty much guaranteed to retain those coins forever. Bitcoins won't rot, they won't suddenly disappear from your wallet, nor can a person freeze your money.

So the department can never freeze your funds, but it is possible for them to somehow interrogate you out of your private key.
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June 05, 2016, 12:54:47 AM
 #796

Nothing is a 100% safe including banks, bitcoins, and the building you are living in.
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June 05, 2016, 12:56:09 AM
 #797

Nothing is a 100% safe including banks, bitcoins, and the building you are living in.
From an objective point of view, bitcoins seem riskier than gold. The instability of it is dangerous even if it can rise to levels. There can be better altcoins than bitcoin that would go to the moon.

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goldcoinminer
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June 05, 2016, 02:21:48 AM
 #798

Nothing is a 100% safe including banks, bitcoins, and the building you are living in.
From an objective point of view, bitcoins seem riskier than gold. The instability of it is dangerous even if it can rise to levels. There can be better altcoins than bitcoin that would go to the moon.
The possibility could happen but with bitcoins it is already tested through times and it's the father of all the altcoins around so the any movement of the bitcoin would certainly affect the altcoins, on the other hand in terms of investment I agree that gold are safer but that is form long term investment while bitcoins you can maximize your earnings if you are good in trading.
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June 06, 2016, 12:16:22 AM
 #799

Nothing is a 100% safe including banks, bitcoins, and the building you are living in.
From an objective point of view, bitcoins seem riskier than gold. The instability of it is dangerous even if it can rise to levels. There can be better altcoins than bitcoin that would go to the moon.
The possibility could happen but with bitcoins it is already tested through times and it's the father of all the altcoins around so the any movement of the bitcoin would certainly affect the altcoins, on the other hand in terms of investment I agree that gold are safer but that is form long term investment while bitcoins you can maximize your earnings if you are good in trading.

I would say the best investment is neither but land and property, as we can see, Gold has been in a consistent decline from its peak of $1800s and it doesnt look like it will end here with banks issuing gold paper bonds and the likes. Bitcoin comes after Property in terms of investment growth, however for stability i agree gold or property are the safest.
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June 06, 2016, 01:40:06 AM
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Nothing is a 100% safe including banks, bitcoins, and the building you are living in.
From an objective point of view, bitcoins seem riskier than gold. The instability of it is dangerous even if it can rise to levels. There can be better altcoins than bitcoin that would go to the moon.
The possibility could happen but with bitcoins it is already tested through times and it's the father of all the altcoins around so the any movement of the bitcoin would certainly affect the altcoins, on the other hand in terms of investment I agree that gold are safer but that is form long term investment while bitcoins you can maximize your earnings if you are good in trading.

I would say the best investment is neither but land and property, as we can see, Gold has been in a consistent decline from its peak of $1800s and it doesnt look like it will end here with banks issuing gold paper bonds and the likes. Bitcoin comes after Property in terms of investment growth, however for stability i agree gold or property are the safest.
It also depends but if you treat bitcoins as an investment, for me it has more room to grow your investment that just buying a property that would subject for depreciation and if you can notice bitcoins is still at its early stage so we don't know yet what price would it peak. I really find investing in bitcoins is a profitable way yet more riskier but I am willing to take more risk for more profit.
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