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Author Topic: Is Bitcoins safe?  (Read 90049 times)
sobsitesearch
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July 01, 2016, 08:28:42 AM
 #921

I think Bitcoin have to be safe because it will be the future payment method and that would be nice if there will be many people that is going to use it but you are not for sure what will happen. And that is the problem but Bitcoin itself is safe and it have to be because many people are using it.
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July 01, 2016, 08:38:34 AM
 #922

i think there's nothing really safe on the internet. too many thing that can't broke you here, including bitcoin.

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July 01, 2016, 09:31:08 AM
 #923

On a small research , I will explain how bitcoins are much safer than other currencies.

See when you send someone money from your PP account then you are always vulnerable as he knew your ID, but with bitcoins you do not have to worry because that address is useless without the private key.
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July 01, 2016, 09:33:47 AM
 #924

I see that discussion is about safety of wallets, but i think that the topic question is about of whether investing in Bitcoin is safe.
In fact, Bitcoin is still in experimental phase, so it is hard to say that it is completely safe.
To be honest, at the moment, more important it is the belief that Bitcoin succeeds. Wink
Yeah I mean a wallet is only as safe as you make it. A password protected wallet is safer than a wallet in your pocket though is what I believe. The investing is safe imo now that halving is around the corner.

it is correct a digital wallet is more secure than a wallet in our pocket, a robber can rob the wallet in our pocket but they don't know about our digital wallet and so they are protected.
Moreover if you have a 2 factor authentication then you even can sleep by having your laptop opened throughout the night. I think online wallets with 2-FA are the safest ones and better than offline ones.
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July 01, 2016, 04:02:09 PM
 #925

I see that discussion is about safety of wallets, but i think that the topic question is about of whether investing in Bitcoin is safe.
In fact, Bitcoin is still in experimental phase, so it is hard to say that it is completely safe.
To be honest, at the moment, more important it is the belief that Bitcoin succeeds. Wink
Yeah I mean a wallet is only as safe as you make it. A password protected wallet is safer than a wallet in your pocket though is what I believe. The investing is safe imo now that halving is around the corner.

it is correct a digital wallet is more secure than a wallet in our pocket, a robber can rob the wallet in our pocket but they don't know about our digital wallet and so they are protected.
Moreover if you have a 2 factor authentication then you even can sleep by having your laptop opened throughout the night. I think online wallets with 2-FA are the safest ones and better than offline ones.

Web wallets are prone to a similar case like MTGOX saga since we are not holding our private keys here.

Whatever the wallets we preferred let's be cautious. It's still better to use offline wallet since you are the only one to blame if ever the money will got lost.

It's far more not hurtful than all your coins are lost because of using third party.
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July 02, 2016, 03:37:08 AM
 #926

Moreover if you have a 2 factor authentication then you even can sleep by having your laptop opened throughout the night. I think online wallets with 2-FA are the safest ones and better than offline ones.

It is possible that your password as well as your email get compromised. I can sleep tight only because a thief would have to open a bank safe to get my bitcoins.

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July 02, 2016, 04:53:50 AM
 #927

Moreover if you have a 2 factor authentication then you even can sleep by having your laptop opened throughout the night. I think online wallets with 2-FA are the safest ones and better than offline ones.

It is possible that your password as well as your email get compromised. I can sleep tight only because a thief would have to open a bank safe to get my bitcoins.
Putting you password in a bank safe is too expensive that having it 2FA, I am doing 2FA with all my accounts and never experience any hacking problem. all my accounts in trading sites have 2FA and including my important email addresses that link to my accounts.

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July 02, 2016, 07:51:34 AM
 #928

i think there's nothing really safe on the internet. too many thing that can't broke you here, including bitcoin.
that's right buddy no one is safe on the Internet let alone an investment. Of course all of the online investing has risks. but the difference between the risk of bitcoin depends on its own users

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July 04, 2016, 02:16:44 PM
 #929

Bitcoin is safe to me of course there are chances that you will get hacked or scammed but you can also make it so that it does not happen to you.
If you do not attract any unwanted attention and just to your thing on Bitcoin then I am sure that nothing will happen to you.
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July 05, 2016, 07:36:33 AM
 #930

Bitcoin is safe to me of course there are chances that you will get hacked or scammed but you can also make it so that it does not happen to you.
If you do not attract any unwanted attention and just to your thing on Bitcoin then I am sure that nothing will happen to you.
With handing our personal account here in bitcoins we should always exercise caution because there are a lot of scammers hand hackers here just observing, the whole system of bitcoins are safe so the lose must be due to our negligence.

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July 08, 2016, 11:55:08 PM
 #931

Moreover if you have a 2 factor authentication then you even can sleep by having your laptop opened throughout the night. I think online wallets with 2-FA are the safest ones and better than offline ones.

It is possible that your password as well as your email get compromised. I can sleep tight only because a thief would have to open a bank safe to get my bitcoins.
I think it is mean safe by new users is not it? of course bitcoin wallet can be said quite safe because you can provide authentication but who so doubt by many people is it bitcoin can survive in the future? because I'm sure the new users certainly have fear if bitcoin die in the middle of the street?
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July 09, 2016, 01:44:43 AM
 #932

If you keep your bitcoins in a secure offline wallet, they should be secure. The only risk should be the price dropping and you lose money on it. If you keep your money on an exchange, you are taking a risk of losing it through fraud or the site going bankrupt or getting hacked.

 
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July 09, 2016, 01:53:53 AM
 #933

The bitcoin is safe in my eyes and maybe even safer than any other currency in the online world.
It has a great future its growing very fast and is also self controllable so you can a sort of protect it yourself...
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July 09, 2016, 02:26:07 AM
 #934

Yes it is,as long as you keep your hard wallet well hidden,you buy only from trusted sellers and stores(or at least you are using escrow)and you dont join in hyips you don't have much to afraid.
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July 09, 2016, 02:40:24 AM
 #935

Bitcoin is safe depends on how you secure it yourself. Most of the Bitcoin wallet has a 2FA, Just enable it so that your wallet will only be access by you. You can also store your bitcoin in offline wallet. Also always scan the file you are downloading make sure that it has no backdoors than can get your access in your computer.
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July 09, 2016, 02:43:51 AM
 #936

What is safe by the way? You working in any organisation is it guaranteed to ever making money, you studying something what if after 10 years it has not much demand, you having business does it guaranteed returns. As such nothing is 100% sure shot but yes if you believe in something you go for it and enhance your skill in the process.


that's right. nothing is 100% safe in this world. even a person can't say that he's himself safe. because no one know that what will happen next with him..
so don't blame bitcoin if you lose it because you can also loose your life by any incident.
for me bitcoin is safe because it is giving me profit and about future I can't predict anything.
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July 09, 2016, 02:47:04 AM
 #937

Bitcoin is safe depends on how you secure it yourself. Most of the Bitcoin wallet has a 2FA, Just enable it so that your wallet will only be access by you. You can also store your bitcoin in offline wallet. Also always scan the file you are downloading make sure that it has no backdoors than can get your access in your computer.
I do 2FA in all my accounts, I think that is a very good practice to feel comfortable with your money in you wallet, I think that is not the main concern basic that is just so basic to protect your accounts. We should focus more on how stable the market is.

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July 09, 2016, 03:15:05 AM
 #938

Yes, I do think the bitcoin is safe and its also laying about yourself what kind of wallet you are using honestly.
If you are using a paper wallet its way more secure than using a online wallet for transactions right ?
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July 09, 2016, 03:48:23 AM
 #939

Yes, I do think the bitcoin is safe and its also laying about yourself what kind of wallet you are using honestly.
If you are using a paper wallet its way more secure than using a online wallet for transactions right ?
All have risk but you need to choose the less risky one, I believe using an online wallet would be fine as long as you comply with the basic security requirements and update every time there is an upgrade of security, 2FA is a good example, we should follow that.

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July 09, 2016, 04:40:38 AM
 #940

Yes, I do think the bitcoin is safe and its also laying about yourself what kind of wallet you are using honestly.
If you are using a paper wallet its way more secure than using a online wallet for transactions right ?
All have risk but you need to choose the less risky one, I believe using an online wallet would be fine as long as you comply with the basic security requirements and update every time there is an upgrade of security, 2FA is a good example, we should follow that.
Just by using 2FA for security is not enough, you need to add security sms or if you have more money try to buy the wallet hard.

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