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Author Topic: Bitcoin risky? It actually feels very, very safe to own Bitcoin right now :)  (Read 3690 times)
ObscureBean
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January 07, 2016, 04:51:20 PM
 #41

If you're investing in Bitcoin on the side then the current situation can be quite thrilling especially with the halving around the corner but it would be a different story if you depended on Bitcoin for your food, rent, bills. That is the main reason people consider Bitcoin risky, because you can never really predict when Bitcoin moves up or down.
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January 07, 2016, 06:15:21 PM
 #42

It is quite safe to own Bitcoin and best time to grab some while these gifted prices are available.The way is clear ahead towards stability,freedom and prosper future for Bitcoin as well as its holders.There is no such a risk to loose if you buy even at current prices.The price after halving if doesn't increase then too mining cost will not let them drop much.It see it safer now then last year.
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January 07, 2016, 06:17:35 PM
 #43

Bitcoin is not risky anymore.It is safer investment opportunity for everyone.Price will go much more higher by the end of this year and will explode in couple of years.
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January 07, 2016, 06:30:37 PM
 #44

Not as safe as you think, the bitcoin in the end is just a protocol runs on thousands of servers around the world, if those servers agree, they can take your coin without your consent, especially when you don't own one of those servers

How?

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January 07, 2016, 06:35:28 PM
 #45

It could be risky if you need the money in few days, no one can be sure that it will have the same price or higher in one week. But if you go to long time, it wouldn't be a problem. In few months the reward of minners will be the half (halving event), and its normal that prices increase with this. Also a lot of companies are investing in bitcoin directly or in bitcoin applications. In my opinion its safe. But no one can be 100% sure.
disclaimer201
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January 08, 2016, 04:47:09 AM
 #46

First of all, please learn some basic English. The language in this thread is so terrible that I need to guess half of the time what you want to say.

Everyone here who shares the opinion that the Bitcoin price "will have to go up" because of the halving event has no clue about how Bitcoin is distributed. If halving will have an effect on the price it will take >many< months. There are now 15 million Bitcoins in circulation, and the only thing changing in summer is that the rate of newly mined coins will slow down but most coins that will ever be available will have already been mined and are for sale. If we will see a price increase apart from speculative bubbles (like today by the chinese, cheap volume trick by the way) I'm sure it will not be before 2017. Everything else is speculation, or perhaps new user adoption but has 0 to do with mining.
Cconvert2G36
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January 08, 2016, 04:52:23 AM
 #47

First of all, please learn some basic English. The language in this thread is so terrible that I need to guess half of the time what you want to say.
-snip-

To whom are you try responding?


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January 08, 2016, 08:42:07 AM
 #48

It always have been safe in my opinion if you have just at least 1 bitcoin in your hand.
The other bitcoin that you have earn or bought you can just trade or other things to earn more money.
So people who says is not safe will is not safe, but at least you can earn money if you careful enough.

2legit2
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February 14, 2016, 01:52:19 PM
 #49

There's always a small risk to have bitcoins, but if you buy them to sell them later for higher price then they're pretty safe




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lister storm
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February 14, 2016, 02:32:50 PM
 #50

yeah i have a small amount of bitcoins and i hold it without any doubts that the price will not drop at all
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February 14, 2016, 10:05:16 PM
 #51

yeah i have a small amount of bitcoins and i hold it without any doubts that the price will not drop at all

At a moment I think the price will rise, its better to hold bitcoins at a moment, but do not hold it too long, if it is giving you profit at any mode of time, I suggest you to sell it.

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February 15, 2016, 12:29:04 PM
 #52

I was also thinking the same while reading newspaper I saw gold prices going up that is there any correlation between gold and bitcoin price? why is it when one raise,other also tend to raise?

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February 15, 2016, 03:16:15 PM
 #53

Bitcoin is not risky anymore.It is safer investment opportunity for everyone.Price will go much more higher by the end of this year and will explode in couple of years.

I disagree the bitcoin is still very risky, the bitcoin has never been stable and also very unpredictable so everything can happen. The price will go to a high amount when the halving has been done but it can collapse for sure by it, the bitcoin is just very unstable.
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February 17, 2016, 03:50:04 PM
 #54

yup it is safe, price won't fall soon, and it will rise more and more each week, so i think it's perfecttime to buy now, no risk
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February 17, 2016, 08:46:11 PM
 #55

it always feels riskyto have some bitcoins, becouse you can loose everything  in days, but risk of that is small, so you can buy!
K128kevin2
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February 18, 2016, 03:07:50 AM
 #56


TBH I think it's naive to ever think it's safe to own bitcoin. It is completely normal for bitcoin to be stable for a period of time and then have sudden, drastic changes in price with very little warning. This pattern seems to recur consistently. I wouldn't be so sure a bitcoin investment is safe based on the price being relatively stable for a couple months or so.
The Sceptical Chymist
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February 18, 2016, 03:21:26 AM
 #57

Safe my pimply white ass.  The volatility is just incredible.  It's breathtaking.  If you want out of the stock market and are fleeing to safe investments, shit like precious metals is the way to go but even those can be volatile.  But I think gold & silver have been beaten down so much that it's probably a good buying opportunity right now.

I definitely don't think bitcoin is a "safe" investment.  I think it's pretty risky.

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February 18, 2016, 03:32:38 AM
 #58

I think for now bitcoin is safe and i think it increase more sooner. Just be patience there's no reason that the value of bitcoin will going down untill below 300 that's  impossible and i believe in bitcoin and it has a great future...
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February 18, 2016, 05:44:18 AM
 #59

Feeling something is risky won't let you have a complete trust, Just because of the increase in the price over these days we can't judge its safe to own bitcoin now.

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February 18, 2016, 06:10:15 AM
 #60

There's always a small risk to have bitcoins, but if you buy them to sell them later for higher price then they're pretty safe
its not small risk dude. You can lose up to 30% of investments in one day, the bitcoin price is very volatile you know
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