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Author Topic: Is Bitcoins safe?  (Read 90098 times)
nova-rider
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September 15, 2016, 09:38:00 PM
 #1301

I consider it very safe, but we must take all necessary measures so that the funds are actually protected. This is not as difficult, as most wallets are simple and easy to use.
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September 16, 2016, 04:22:54 AM
 #1302

I consider it very safe, but we must take all necessary measures so that the funds are actually protected. This is not as difficult, as most wallets are simple and easy to use.
That is our simple responsibility to take all the necessary measures to safeguard our accounts, we might not appreciate bitcoin if we are not being careful of our bitcoins and it is will be hack because of our negligence.

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September 16, 2016, 05:46:42 AM
 #1303

I consider it very safe, but we must take all necessary measures so that the funds are actually protected. This is not as difficult, as most wallets are simple and easy to use.
That is our simple responsibility to take all the necessary measures to safeguard our accounts, we might not appreciate bitcoin if we are not being careful of our bitcoins and it is will be hack because of our negligence.
Bitcoin system is safer with its part of encryptions and recently I read it will remain safer at least till the year 2030 due to the quantum computing kind of threads. The encryption algorithm for bitcoin could be enhanced or modified easily at any time by devs.

Our part on safer for bitcoin system must be having strong password and security measurements like 2FA and proper backups.

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icecube45
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September 16, 2016, 06:48:22 AM
 #1304


I think it is unsafe to keep all assets in bitcoin. Because bitcoin is still vulnerable to hackers because their security is still very fragile in my opinion. Maybe if you want to invest short term we could do it in bitcoin because it will benefit us. Bitcoin is more profitable to invest rather than save in my opinion.
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September 16, 2016, 06:50:54 AM
 #1305

Bitcoin is not so safe in my opinion because many people are still scammed and i think better to increase the security for bitcoin like paypal that has reverse payment..
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September 16, 2016, 07:43:17 AM
 #1306

I think bitcoin is very safe and the sites around it are a potential treat. For example casino, if you invest into a casino and they get "hacked' you could lose your bitcoin.
But sometimes they lie to just run away with your money. But I think bitcoin is more safe than having physical money laying around though that's for sure.
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September 17, 2016, 12:22:07 AM
 #1307

In my opinion, it is a form of payment quite safe compared to other alternatives, although I think some improvements need to be made to make the experience better for users
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September 17, 2016, 12:43:57 AM
 #1308

Bitcoin is transparent and open ledger so the thing is already beyond safe or unsafe. Its already programmed in such way to it will be always secure and safe.

But still people getting scammed and lost their believe in bitcoin.
I think when they were deceived because scammed it because of their own stupidity. they put their money in investments that are not reliable. so it is a risk for them?

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September 17, 2016, 05:08:00 AM
 #1309

Bitcoin is transparent and open ledger so the thing is already beyond safe or unsafe. Its already programmed in such way to it will be always secure and safe.

But still people getting scammed and lost their believe in bitcoin.
I think when they were deceived because scammed it because of their own stupidity. they put their money in investments that are not reliable. so it is a risk for them?

Well that is really making them not safe with bitcoins because they are not being responsible for it. But if they are going to do some proper researching then that is going to be safe for them because we know that there are people are using bitcoins to make themselves wealthy and they don't think about the other if they are going to bad to them.


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Carmen_Sandiego
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September 17, 2016, 07:00:27 AM
 #1310

Yes, btcs are safe if you  compare it to many other payment  methods, it's actually one  of the safest methods, in my opinion..
Rostadom
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September 17, 2016, 12:26:27 PM
 #1311

Yes, Bitcoins is safe. But it would also depend on the securities that you have set. Having a password like "123456" or "password" would make it very easy for a hacker to bruteforce his way to your account. You should set Gmail and 2FA verification as well so even if somebody would be able to find out your password, he has to get access to your email and to your phone first before he can access your Bitcoin wallet account.
Noctis Connor
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September 17, 2016, 12:31:22 PM
 #1312

Yes, btcs are safe if you  compare it to many other payment  methods, it's actually one  of the safest methods, in my opinion..
Agree bitcoin is safe and if comparenit into other payment system it is more secured than credit or what kind of payment you are using right now bitcoin can make your privacy safe and it can't hack by anyone to use in another payment all they see is the bitcoin wallet address that you've use to pay
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September 17, 2016, 10:56:20 PM
 #1313

Yes, I think btc is a very  safe method for payments,  besides of being fast. Of course, you  need to take all the required  security measures and  choose a sefe wallet.
john2231
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September 17, 2016, 11:07:04 PM
 #1314

Bitcoin is not so safe but you can protect your wallet for any malicious activity in your pc or laptop. also you can increase the security of your wallet like electrum i like 2 factor authentic of electrum because if you backup the private key of one address if you install install it their address is not the same like in 2 factor in electrum wallet.
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September 19, 2016, 12:10:49 AM
 #1315

Yeah, in my opinion btc is quite safe, btc  has a very good future and its one of  the safest paymen t methods available. I even think it is  more secure than a  bank in my opinion.
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September 19, 2016, 03:39:13 AM
 #1316

I consider it very safe, but we must take all necessary measures so that the funds are actually protected. This is not as difficult, as most wallets are simple and easy to use.
yeah i agree with you bitcoin is really very safest currency and bitcoin is very stronger and bitcoin wallet are too simple and easy than bank wallet and a huge number of people are want to store their money in bitcoin because they feel bitcoin is safe than bank.
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September 19, 2016, 03:48:32 AM
 #1317

It depends from every user about how they do it with bitcoin..?
We can say bitcoin is safe and unsafe depends on the users , some peoples need and claimed security is importance so they won't to store their bitcoin in online wallet even 2FA is activated , they want to store they bitcoin in hardware or desktop wallet.
But , in the other hands . You can store your bitcoin whenever you want as long as secure your funds and make sure you can access your private key . Once again , it depends from user itself.

goldcoinminer
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September 19, 2016, 05:54:42 AM
 #1318

It depends from every user about how they do it with bitcoin..?
We can say bitcoin is safe and unsafe depends on the users , some peoples need and claimed security is importance so they won't to store their bitcoin in online wallet even 2FA is activated , they want to store they bitcoin in hardware or desktop wallet.
But , in the other hands . You can store your bitcoin whenever you want as long as secure your funds and make sure you can access your private key . Once again , it depends from user itself.
That's right because the system itself is very safe, we have not heard that bitcoin system are corrupted or hack. It is on the users which experience the problem like an exchange sites being hack or a certain users loss their important information to access their accounts.
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September 19, 2016, 08:02:31 AM
 #1319

As long as you use the bitcoin technology correctly, protecting yourself in all the ways you can, you should be fine. The chances of you getting robbed in bitcoin are no more than you getting robbed in real life.

Make sure you don't use brainwallets - there is already a script that figures out brainwallet passwords.
I have never experienced any problems with Bitcoin so I do think that it is something that is save to use.
If you know what you are doing with Bitcoin then you also should have no problems with the safety of it.
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September 19, 2016, 08:15:17 AM
 #1320

Bitcoins are far from safe because i know exactly what can happen to the coin and that are allot of things there are to many people searching one way to get bitcoins for free.
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