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Author Topic: Is Bitcoins safe?  (Read 90054 times)
Herbert2020
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July 15, 2016, 07:36:48 AM
 #981

Bitcoin is safe because first its’s important to remember that bitcoins can’t be counterfeited or duplicated unlike money.  Whenever there is  someone trying to cheat the transaction, the network will automatically verify it and stop if it is false. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
I feel that bitcoin has a system that is very difficult to penetrate. PayPal is now cooperating with Coinbase. it proves that bitcoin is perfectly safe to use. even in terms of deposit bitcoin have large websites with tremendous security system is superb, being made just to save bitcoin that you have, like Coinbase and blockchain

Yeah it is a technology which is hard to penetrate, today paypal is trying to fully adopt bitcoin and in this way one by one all the big companies will join bitcoin and with that bitcoin will get a stronger support and they will work more for making bitcoin more secure currency an one day it will be a global currency.

do you have any reference for "paypal fully adopting bitcoin"?! because from what i understood so far from the situation with paypal the only thing that is related to paypal and bitcoin (which not something paypal did by the way) is coinbase adding withdrawal only option for paypal.

are you calling this fully adopting?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
freedomgo
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July 15, 2016, 07:50:44 AM
 #982

Bitcoin is safe because first its’s important to remember that bitcoins can’t be counterfeited or duplicated unlike money.  Whenever there is  someone trying to cheat the transaction, the network will automatically verify it and stop if it is false. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
I feel that bitcoin has a system that is very difficult to penetrate. PayPal is now cooperating with Coinbase. it proves that bitcoin is perfectly safe to use. even in terms of deposit bitcoin have large websites with tremendous security system is superb, being made just to save bitcoin that you have, like Coinbase and blockchain

Yeah it is a technology which is hard to penetrate, today paypal is trying to fully adopt bitcoin and in this way one by one all the big companies will join bitcoin and with that bitcoin will get a stronger support and they will work more for making bitcoin more secure currency an one day it will be a global currency.
Because bitcoin is growing as an industry and has the support of the a lot of open minded people we don't need to promote for big companies to adopt with bitcoins anymore, they are slowly adopting due to the identified huge market that would give the the chance to maximize their profit.

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adibe
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July 15, 2016, 07:54:15 AM
 #983

Bitcoins is really safe for me. No issue at bitcoin and so far no problem with bitcoin everytime i used it. Maybe the only problem is from the bitcoin wallets and the exchanger itself.
agustina2
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July 15, 2016, 02:53:40 PM
 #984

Bitcoins is really safe for me. No issue at bitcoin and so far no problem with bitcoin everytime i used it. Maybe the only problem is from the bitcoin wallets and the exchanger itself.

There are some good and safe practices to make our bitcoin safe. A paper wallet is one of them.

And when it comes to exchanges, well we don't really know if they will become fraud but we have no choice since we can't do trades if we will don't use and exchanges.
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July 15, 2016, 06:00:17 PM
 #985

Yes bitcoin is safe.  According to several information from the internet, it is safe because

central government can't take it away
People can’t steal your payment information from merchants
there are private keys and public keys for your wallet security

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July 15, 2016, 10:25:02 PM
 #986

There are two different topics here; The safety of bitcoin as an investment, and the security of your bitcoins.

For securing your bitcoins you need to secure your wallets with a strong encryption. Bitcoin is always safe only if it is a safe wallet and safe transaction. Bitcoin is also more transparent than other types of assets.

As an investment, bitcoin is very volatile, so it's better to diversify with other investments.
shane
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July 16, 2016, 04:05:55 AM
 #987

There are two different topics here; The safety of bitcoin as an investment, and the security of your bitcoins.

For securing your bitcoins you need to secure your wallets with a strong encryption. Bitcoin is always safe only if it is a safe wallet and safe transaction. Bitcoin is also more transparent than other types of assets.

As an investment, bitcoin is very volatile, so it's better to diversify with other investments.

in my opinion the bitcoin investment also secure too for long term, for people who buying bitcoin in few cent, sure he will says bitcoin is best secure investment way with highest profit

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goldcoinminer
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July 16, 2016, 04:47:06 AM
 #988

There are two different topics here; The safety of bitcoin as an investment, and the security of your bitcoins.

For securing your bitcoins you need to secure your wallets with a strong encryption. Bitcoin is always safe only if it is a safe wallet and safe transaction. Bitcoin is also more transparent than other types of assets.

As an investment, bitcoin is very volatile, so it's better to diversify with other investments.

in my opinion the bitcoin investment also secure too for long term, for people who buying bitcoin in few cent, sure he will says bitcoin is best secure investment way with highest profit
I have a different perception, in investment with bitcoin the longer you keep the more it is riskier and for me that is just fine because I also know that the longer I keep the more the value of bitcoin will increase.
mishra1994u
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July 16, 2016, 04:50:39 AM
 #989

All of us here expect the bitcoin price to increase and increase in the future.But in bitcoin investment there is always a bit of risk involved.Bitcoin is highly volatile i would love that bitcoin become more stable in the near future after attaining a good price...But i will say yes bitcoin is completely safe
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July 16, 2016, 07:23:18 AM
 #990

All of us here expect the bitcoin price to increase and increase in the future.But in bitcoin investment there is always a bit of risk involved.Bitcoin is highly volatile i would love that bitcoin become more stable in the near future after attaining a good price...But i will say yes bitcoin is completely safe
In the first place you have to know and embrace the risk before you invest with bitcoins, there is really a big risk since this currency is still in the early phase and even if we have witness its great price but it could easily fall back.

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praprata
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July 18, 2016, 10:02:18 PM
 #991

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.


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freedomgo
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July 19, 2016, 05:17:21 AM
 #992

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.

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madwica
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July 19, 2016, 06:25:32 AM
 #993

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.
That is true we can not determine if this bitcoin would go last there is possibility to drop down our wallet and take all our bitcoin, but we need to believe that the developers do not do that instead they need to upgrade their system to encourage more investor if they feels that their money is strongly secured in their bitcoin wallet.
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July 19, 2016, 08:06:31 AM
 #994

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.
That is true we can not determine if this bitcoin would go last there is possibility to drop down our wallet and take all our bitcoin, but we need to believe that the developers do not do that instead they need to upgrade their system to encourage more investor if they feels that their money is strongly secured in their bitcoin wallet.
Bitcoins has been in existence for many years and it has been performing well without any major problem, and we are doing stable now with bitcoins so the future is really good.

Invest now, don't look back and just trust the future of bitcoins.

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sobsitesearch
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July 19, 2016, 09:14:47 AM
 #995

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.
That is true we can not determine if this bitcoin would go last there is possibility to drop down our wallet and take all our bitcoin, but we need to believe that the developers do not do that instead they need to upgrade their system to encourage more investor if they feels that their money is strongly secured in their bitcoin wallet.
Bitcoins has been in existence for many years and it has been performing well without any major problem, and we are doing stable now with bitcoins so the future is really good.

Invest now, don't look back and just trust the future of bitcoins.
Bitcoin is safe that is why more people invest in bitcoin and they believe that their investment will gives them a lot of income for the near future. And also this time is good to buy bitcoin because before the end of this year bitcoin price will go up.
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July 20, 2016, 12:58:02 PM
 #996

no but as of now bitcoin is safe but no one know is bitcoin will die tomoroow or next month .. the future is in your hand if u trust in bitcoin go if not go also!

SUGAR
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goldcoinminer
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July 20, 2016, 01:08:02 PM
 #997

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.
That is true we can not determine if this bitcoin would go last there is possibility to drop down our wallet and take all our bitcoin, but we need to believe that the developers do not do that instead they need to upgrade their system to encourage more investor if they feels that their money is strongly secured in their bitcoin wallet.
Bitcoins has been in existence for many years and it has been performing well without any major problem, and we are doing stable now with bitcoins so the future is really good.


Invest now, don't look back and just trust the future of bitcoins.
Bitcoin is safe that is why more people invest in bitcoin and they believe that their investment will gives them a lot of income for the near future. And also this time is good to buy bitcoin because before the end of this year bitcoin price will go up.
The only safe I can see is transacting online but as investment I don't really called it safe. Investing in bitcoins is really a high risk but it can give us a high reward in the future, therefore we should carefully analyze it and only invest what we can afford to lose.
bitlancr
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July 20, 2016, 03:11:30 PM
 #998

I think is just safe if you have a cold wallet and just have 1 bitcoin in there and just wait for the future if you not planning to make bitcoin your hobby I think that would be safe. But trading with bitcoin you can make profit with it.
Bitcoin is safe to use if you ask me but there is always a change that something goes wrong but that is the case with so many things.
If you do not do stupid things and know what you are doing to prevent something bad happening then you should be good.
Bitcoin is safe in terms of controls in protecting your account/s but as a market as a whole we cannot really determine at the early stage, all of us here are just a pure gamblers who bet and trust the future of bitcoins by putting our investment.
That is true we can not determine if this bitcoin would go last there is possibility to drop down our wallet and take all our bitcoin, but we need to believe that the developers do not do that instead they need to upgrade their system to encourage more investor if they feels that their money is strongly secured in their bitcoin wallet.
Bitcoins has been in existence for many years and it has been performing well without any major problem, and we are doing stable now with bitcoins so the future is really good.


Invest now, don't look back and just trust the future of bitcoins.
Bitcoin is safe that is why more people invest in bitcoin and they believe that their investment will gives them a lot of income for the near future. And also this time is good to buy bitcoin because before the end of this year bitcoin price will go up.
The only safe I can see is transacting online but as investment I don't really called it safe. Investing in bitcoins is really a high risk but it can give us a high reward in the future, therefore we should carefully analyze it and only invest what we can afford to lose.
Yeah the reward in the future can be really high and that is what most people are hoping for but I am also taking the risk.
It is not that huge of a risk for me because if it does not work out i always have a plan B.
HoshiPost
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July 21, 2016, 10:02:57 AM
 #999

I think that Bitcoin is pretty safe to use but there are always scammers active so look out for those people.
If you are just doing your own thing and not pay other people attention you should be alright.
safari88
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July 21, 2016, 10:09:30 AM
 #1000

I think that Bitcoin is pretty safe to use but there are always scammers active so look out for those people.
If you are just doing your own thing and not pay other people attention you should be alright.

yes the most terrible thing is a scammer, you should stay away from investments that are not clear or looks like HYIP.

it is best to hold bitcoin to wait for the price to rise or trading. I think the best way is far from scammers.

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