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Author Topic: Safe Cryptocurrency  (Read 1272 times)
PS1987 (OP)
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August 02, 2016, 11:08:53 PM
 #1

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings
The Sceptical Chymist
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August 02, 2016, 11:22:45 PM
 #2

DOGE all the way, buddy.  And then you could park some funds in LTC, Dash, and some of the other big names.  But everyone here has their own pet coin, and if you ask 10 cryptonerds which one you should buy, you're going to get 14 different answers. 

I'd say stay the F--k away from the exchanges if at all possible.  This hacking BS is becoming way too common and it's hard to know which exchanges are safe and who's lying their asses off.

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bobmarley650
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August 02, 2016, 11:29:43 PM
 #3

DOGE of course

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raphma
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August 03, 2016, 01:49:20 AM
 #4

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
it was a flaw in the exchange system, not the coin itself.
and if the problem is the exchange, any coin can be stolen.... but of course the hacker will aim for the most valuable one.
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August 03, 2016, 02:39:06 AM
 #5

DOGE of course

I agree with you they are one of the most stable coins right now although no coin is safe from fluctuation and there are many factors that makes any coin from fluctuations like what's happening now on Bitcoin ..

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August 03, 2016, 02:57:58 AM
 #6

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings
I
The Bitfinex hack tells us once again: don't leave your coins at the exchange,  keep them in your wallet
bbc.reporter
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August 03, 2016, 02:58:36 AM
 #7

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings

You have it wrong my friend. The exchange was not secure and unsafe. Bitcoins will always be safe. If those people were keeping their coins in their wallets with keys that they control then they will still have their coins safely in their wallets. It is the users own fault that they keep coins in centralized exchanges.

If you find your "safe" cryptocurrency then try to keep that in Bitfinex and we'll see. Cheesy

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August 03, 2016, 10:21:25 AM
Last edit: August 03, 2016, 10:32:58 AM by nzminer
 #8

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings

NEM is the answer and with multisig means that even if the exchange is hacked, your funds are safe.... Smiley Couldnt be better time to buy right now either.

However, i dont recommend keeping huge amount of funds of any currency on any exchange for a long term, withdraw as soon as you have done your exchange.

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August 03, 2016, 10:27:27 AM
 #9

Maidsafe. The clue is in the name.

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August 03, 2016, 01:27:38 PM
 #10

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings

NEM is the answer and with multisig means that even if the exchange is hacked, your funds are safe.... Smiley
Really? Can you explain how this works?
BitcoinHodler
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August 03, 2016, 01:39:51 PM
 #11

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?
Greetings

what kind of safety are you looking for?
bitcoin is the safest, the code, the security and the price has always been a lot better than any other coin out there.

other altcoins like ethereum, you can clearly see that even have bugs in their code and you can never trust them.

and as for the price, again bitcoin is the more stable one. and don't look at today's price this is an exception that can happen to anything.

and as for other altcoins the small nature of their market usually makes them so volatile but you have to look for yourself to find "projects" that has a good developer behind that delivers based on his roadmap that was released in the first days.

Holding Bitcoin More Every Day
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August 03, 2016, 02:08:41 PM
 #12

A safe cryptocurrency is an oxymoron.

If you mean safe as in it won't be hacked, 51% attacked, stolen, forked, or otherwise negatively affected? If so, then try precious metals.
raphma
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August 03, 2016, 04:46:44 PM
 #13

how is bitcoin unsafe?

apart from bitcoin I only trusted so far cryptonote (monero), etc is clearly a pump and dump game right now, make profits but don't be last holding this swiss-chesse of crypto code.

yeah, im supporting  etc but i wouldnt put much in it... not right now. but still good to hold a few tho.
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August 03, 2016, 07:43:16 PM
 #14

This thread is idiotic. Bitcoin is 100% safe. Not storing it properly is not.

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August 03, 2016, 07:49:49 PM
Last edit: August 03, 2016, 11:23:27 PM by European Central Bank
 #15

Hi Guys,
after the Bitfinex hack I am looking for a secure cryptocurrency. Of course it will never be 100% safe but the coins with the highest volume ETC, ETH and BTC are all pretty unsafe as it seems.
Any suggestions and why?

almost all cryptos are 100% secure apart from the absolute shitcoins that fall apart and die due to neglect. achieving that 100% is totally down to you.

are you talking about trading? in that case absolutely no exchange is safe. either make your peace with that risk or never trade.
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August 03, 2016, 07:52:27 PM
 #16

you can't never be hundred percent sure about the safety of any coin at all. also you might consider dash doge and ltc?
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August 03, 2016, 10:18:50 PM
 #17

The safest coin I have seen is Ripple XRP. Tons of good news comes out and nothing. It has hovered for months around the same level, has a professional team and is actively working with banks and real world applications. I don't know what the upside will be and like all crypto it is possible you can lose your shirt but it seems to me to be the most stable. Just my observation. 
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August 03, 2016, 11:20:57 PM
 #18

If you want a safe investment then stay out of crypto, I'd recommend silver.
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August 04, 2016, 12:02:06 AM
 #19

MINT is safe. A good coin.

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August 04, 2016, 12:04:13 AM
 #20

The safest coin I have seen is Ripple XRP. Tons of good news comes out and nothing. It has hovered for months around the same level, has a professional team and is actively working with banks and real world applications. I don't know what the upside will be and like all crypto it is possible you can lose your shirt but it seems to me to be the most stable. Just my observation. 
Ripple isn't decentralized.

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