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Author Topic: Is Bitcoins safe?  (Read 90051 times)
dunfida
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September 01, 2016, 04:31:21 AM
 #1181

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

that's right simple.
i think bitcoin should be best currency system, with highest technology security for me bitcoin is the most secure currency.
no people can control my money if i save it in bitcoin.

You were right, bitcoin is safe whenever we decide to put  our assets  on it  converted to bitcoin, we could  keep them without being traced but we must remember that   investing in bitcoin has risk on might you loss a percentage of your total investment.  As long no one knows your private keys to your storage or wallet then no one could  do hard with it.

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September 01, 2016, 05:39:47 AM
 #1182

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.

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September 01, 2016, 06:41:02 AM
 #1183

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.
In that scenario much better is bitcoin but credit card has a advantage in terms of urgent to buy something, as long as you keep it privately your bitcoin wallet that is very safe, and if your credit card also keep it well that is also safe.
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September 01, 2016, 07:54:30 AM
 #1184

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.
In that scenario much better is bitcoin but credit card has a advantage in terms of urgent to buy something, as long as you keep it privately your bitcoin wallet that is very safe, and if your credit card also keep it well that is also safe.
They have both advantages and disadvantages, it depends on the users. But one thing I am certain is that credit card will let you spend and you will live with a lot of debts if you cannot control your spending but bitcoin on the other hand will provide your income with your investment.

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September 01, 2016, 10:46:47 AM
 #1185

Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.

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September 01, 2016, 12:43:38 PM
 #1186

Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.
Exchange site are prone to hacking either by inside job or really a hacking from the outside, we have witness sites being hack so it is better not to trust all our bitcoin in one site and better save it in our cold wallet.

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September 01, 2016, 01:04:55 PM
 #1187

Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.

Yes that happens all time and the biggest recent occurence was the hacking at bitfinex and it is very clear that bitcoins is profitable but at the same time it carries risk.Just like the bank that goes bankrupt and can no longer refund your money, bitcoin sites may also go down along with your bitcoins. So to make bitcoins investment more safer it is indeed wise not to keep it in one wallet but on multiple wallets especialy if it is a big amount.
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September 01, 2016, 01:59:57 PM
 #1188

It's safe enough, if you are attentive and know about scammers and also can avoid it, your goods will be yours Grin Just be carefull.
You are right, bitcoin is safe just be careful not to leak important keys so your wallet cant be hack. eversince i never had experience any problem by storing my btc in my wallet and in sending money im content and its quite good however i never put all my assets in btc.
yeah, bitcoins are basically the safest currency because it does not require any banking and stuff like that, i think it is the best

 
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September 05, 2016, 01:41:12 AM
 #1189

Yes, I personally consider bitcoin as a safer method for payments, very simple to use, besides the fact of being fast. But of course you have to take security measures and also choose a secure and efficient wallet.
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September 05, 2016, 04:25:23 AM
 #1190

In my opinion Bitcoin is not much safe , like when you buy in case of scam, like seller do not deliver service then you can do nothing. But in case of privacy its save, no verification, no identity, nothing. Therefore i conclude that bitcoin is always take a risk in any aspect. So be vigilant to every transaction that you gonna make.
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September 05, 2016, 04:50:00 AM
 #1191

It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.

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September 05, 2016, 05:45:24 AM
 #1192

It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
That is safe in terms of keeping your pin/password privately but i do not think it will safe to store a lot of money in bitcoin wallet because you will take high risk on that we do not have any assurance if there something bad happen we will recover our bitcoin.
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September 05, 2016, 07:58:54 AM
 #1193

It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
That is safe in terms of keeping your pin/password privately but i do not think it will safe to store a lot of money in bitcoin wallet because you will take high risk on that we do not have any assurance if there something bad happen we will recover our bitcoin.
You have no choice but to trust bitcoin on that, you have to take the risk because you are keeping your money in the bitcoin wallet because you are investing, that is why we must ensure that what we keep is the amount we can afford to lose because bad thing can also happen and bitcoin might be worthless in the future.
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September 05, 2016, 08:03:22 AM
 #1194

I think that Bitcoin is safe, I have never had any problems with it but because of the fact that it is online people find it not as safe.
I know that people got some problems with it but if you know what you are doing you should be alright.
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September 05, 2016, 08:30:20 AM
 #1195

It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
That is safe in terms of keeping your pin/password privately but i do not think it will safe to store a lot of money in bitcoin wallet because you will take high risk on that we do not have any assurance if there something bad happen we will recover our bitcoin.
You have no choice but to trust bitcoin on that, you have to take the risk because you are keeping your money in the bitcoin wallet because you are investing, that is why we must ensure that what we keep is the amount we can afford to lose because bad thing can also happen and bitcoin might be worthless in the future.
I know allot o things and what i do know is that the bitcoin is far from safe because there are so many people getting rid of their bitcoins and you all know that they cant be trace.
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September 05, 2016, 08:32:32 AM
 #1196

Bitcoins are far from safe there are so many things that can happen with the bitcoin and i know for sure that money on your bank account is many times safer than where you hold your bitcoins.
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September 05, 2016, 02:50:43 PM
 #1197

I'm sure bitcoin is very safe, many people using bitcoin and no one complain about bitcoin and no issue about it. The problem in bitcoin is there are many hackers out there and that's make bitcoin become unsafe.

Yeah, bitcoin very safe if you only save on the wallet and wait for prices to rise, and not using bitcoin for anything, including investments. but you must save in a good wallet to avoid hackers.
yeah bitcoin is really very safest than other currency and i also save my bitcoin in wallet for rise its price and not spend or use it in anywhere because i am sure that price will be rise up sooner.

thats true, in my opinion bitcoins will always be really safe because it is impossible to hack it if you hold it in a cold storage right now
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September 06, 2016, 11:57:09 PM
 #1198

Well, as long as you use bitcoin and other blockchain technologies correctly, protecting your data with the required measures, this will not bring you major problems.
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September 07, 2016, 12:13:50 AM
 #1199

Well, as long as you use bitcoin and other blockchain technologies correctly, protecting your data with the required measures, this will not bring you major problems.

Yes, i agree with you. Bitcoins is really safe and it's depend on how you use on bitcoin. If you download something suspicious on your computer that can hack your bitcoins, it become unsafe. but if you don't bitcoin is safe, very safe.
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September 07, 2016, 04:02:00 AM
 #1200

It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

Credit cards aint safe. How could you say that?

Once someone stole it then they can use it in shopping. They will just swipe that card and you sign it. They dont look for any ID's to verify the owner of it. You cant even close your account on Sunday's due to banks are closed.

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