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Author Topic: Is Bitcoins safe?  (Read 90101 times)
BillyBobZorton
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August 18, 2016, 03:44:48 PM
 #1101

Its as safe as you want it to be. People complain about bitcoin being lost but those people are the ones that keep storing their coins on exchanges. A lot of idiots that lost money in bitfinex are back on bitfinex. Those people will never learn no matter how many times the get fucked by those companies.
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August 18, 2016, 08:27:39 PM
 #1102

yes bitcoin is too much safer than other currency ,sometime i think that i convert my all money into bitcoin because bitcoin is very secure and beneficial than other if we hold it and then after increase its price we can get a good profit.

I can tell you one thing, no matter how promising and secure a certain investment may look, never put all your money in it. Even not when it is Bitcoin. Don't think you'll get guaranteed returns if you hold Bitcoin for a longer period of time. Guaranteed returns don't exist.
Man crazy price of bitcoin. Even if now it has fallen slightly, it still holds quite high. And in the future may even go up to $ 1000 or even more. But we must consider that today there is no stable bitcoin. The risk of losing the savings are very large.
yeah, the price is really high at the moment and i think the real winners with bitcoin are going to be the people who are holding their bitcoins at the moment

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August 18, 2016, 08:43:44 PM
 #1103

yes defiantly bitcoin is a save investment . i am here in bitcoin form for last few years but i think i have neve seen any misunderstanding about bitcoin i think it is the most safest investment as compare to any other crypto currency, where you can put your money without any fear,
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August 18, 2016, 09:08:09 PM
 #1104

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site


The better plan is that we keep our money on different platforms, with that if one of them go down or escape away or hacked by some hackers then we will not lose all of our money, we will lose only a fraction of our stored bitcoins, and we have to try to keep our coins on standard and well reputable wallets and exchanges etc.
Osarman
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August 18, 2016, 09:17:08 PM
 #1105

yes defiantly bitcoin is a save investment . i am here in bitcoin form for last few years but i think i have neve seen any misunderstanding about bitcoin i think it is the most safest investment as compare to any other crypto currency, where you can put your money without any fear,
i agree with you bitcoin is really very safe investment and there is very less chance for risk if you want to buy bitcoin as investment , so we can strongly believe in bitcoin, it is very beneficial than other currency .
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August 18, 2016, 09:32:25 PM
 #1106

Your bitcoin address is safe if it is an offline address and you have the private key in a safe place. You still have the risk that bitcoin will fail and your bitcoins will be worthless.

 
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wibuindon
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August 18, 2016, 10:54:53 PM
 #1107

Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley
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August 19, 2016, 12:01:53 AM
 #1108

Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

That is true that bitcoin is really safe to invest your money in terms that no one cannot easily breach your bitcoin wallet address. But the thing about investment that it is risky because bitcoin has really a unstable price and it keeps on fluctuating that's why you need to take the risk if you are going to enter bitcoin.

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August 19, 2016, 12:20:43 AM
 #1109

Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Bitcoin is not only about investment, you also can use bitcoin as a payment for buying or selling something and yeah, bitcoin is very safe same as fiat works.
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August 19, 2016, 07:51:49 AM
 #1110

Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Bitcoin is not only about investment, you also can use bitcoin as a payment for buying or selling something and yeah, bitcoin is very safe same as fiat works.
That'a actually the main purpose of bitcoin that is why it is called as currency, and as a currency it can be use in transacting online and it is just now in the early stage people are calling it as investment because it was expected that the price will rise in the future.
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August 19, 2016, 09:37:03 AM
 #1111

Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Are you sure about that? No investment is safe, except for Gold and Silver which are not only rare but also able to save you in case of a collapse. Bitcoin is not among the safest investments.
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August 19, 2016, 09:46:31 AM
 #1112

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site


The better plan is that we keep our money on different platforms, with that if one of them go down or escape away or hacked by some hackers then we will not lose all of our money, we will lose only a fraction of our stored bitcoins, and we have to try to keep our coins on standard and well reputable wallets and exchanges etc.
I agree with you bro. Just to play safe its like trading, store your money on other altcoin then exchange it if the price rises, then if we do that we should be careful what we do and had a wise choice. But the price of bitcoin right now is will up soon so nothing to worry.
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August 19, 2016, 11:50:52 AM
 #1113

Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
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August 19, 2016, 01:37:52 PM
 #1114

Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.

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agustina2
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August 19, 2016, 04:24:06 PM
 #1115

Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.

Agree. Every forms of investment has an associated risk so don't just relax but make sure all things are in good place. If you choose to select any kind of investment, make sure you takes that seriously.

There are lots of people who failed when dealing in an investment because of lack of self disciplined.
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August 19, 2016, 04:27:25 PM
 #1116

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage

 
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August 22, 2016, 04:14:38 PM
 #1117

From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage

if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.
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August 22, 2016, 05:25:31 PM
 #1118

Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.
Since the currency of the other samples will exist for a long time now and its banks will take. And I think that even with the release of bitcoin on a huge market, banks will not stop their activities.
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August 22, 2016, 06:47:03 PM
 #1119


if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
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August 22, 2016, 06:49:30 PM
 #1120

It is pretty safe, but I wouldn't recommend keeping everything in bitcoin.
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