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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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cfif123
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October 05, 2018, 02:50:12 PM |
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if I think it's safe and not it depends on how the person uses it, because if we are careless and not careful the day must be prone to loss
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MadGamer
Legendary
 Offline
Activity: 1568
Merit: 1031
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October 05, 2018, 02:52:31 PM |
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It doesn't matter who is running the website and how rich he is and what are the possibilities of having an exit scam. It's very simple, If you control your private keys at all time, you're safe otherwise you're not.
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mk4
Legendary
Offline
Activity: 2758
Merit: 3830
Paldo.io 🤖
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October 05, 2018, 02:55:30 PM |
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While the company looks like it's actually a legit registered company(not sure, haven't done research), just like leaving funds on exchanges, I'm pretty sure your coins could still be possibly stolen. If you want to risk it, then go ahead. Though i'm personally not a fan of such sites as these kinds of services has always been quite sketchy for me regardless of the company running it.
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Infinixhot1996
Jr. Member
Offline
Activity: 98
Merit: 2
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October 05, 2018, 02:56:51 PM |
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No one is going to give you an affirmative answer on this as no one knows if it's safe or not,this system is anonymous and a lot more than you can imagine happens underground,you could even be linked with a fake website address and lose a lot of money.. That been said its safety doesn't depend on whosoever is running it,and remember in this decentralized system trust absolutely no one but yourself as everyone is a scam until at least they are not  |
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oceantiger
Jr. Member
Offline
Activity: 308
Merit: 8
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October 05, 2018, 03:12:53 PM |
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Safety of your wallet is the safety of your fund. This is the key to safe keeping of your money in cryptocurrency trading. The site will claim every thing on earth about the safety of your fund if you will deposit your bitcoin with them. But one thing that you do not know is if actually what they claimed is true concerning the security of their site. Once they are hacked all funds are gone and will never be recovered and there is no guarantee from them insuring your deposit. so be wise and safe keep your wallet.
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proTECH77
Member
Offline
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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October 05, 2018, 03:13:58 PM |
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In situation like this, i advice you use your discretion as not to be a prey in the hand of the hunter. To be greedy is to a victim in situation like this, so, never attempt to be greedy as a word is enough for the wise; mate. |
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thunderbitz2717
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October 05, 2018, 03:27:06 PM |
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Bitcoin was form in decentralized system, I don't see any reason to store bitcoin in the company which you are talking about. Because, any company are being categorized in regulated business aspects, which means it is obvious engaged in centralized system. Otherwise, if you insist to store it in such a company it will be not safe at all. |
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Elqui
Jr. Member
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Activity: 243
Merit: 2
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October 05, 2018, 03:31:48 PM |
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Of course it is safe to invest your bitcoin in such a company, but you have to make sure that that company is established and trustworthy specially if you’re investing a lot.
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dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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October 05, 2018, 03:37:28 PM |
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It's a big no. If you want to get some kind of interest on your money, do it on banks which cannot run with your money since they are engulfed within regulations and laws. The dude advertising it is clearly running a ponzi scheme since there are no definite ways on how would he generate profits and interests for any deposit. Just keep your money and look for ways to invest it legitimately rather than handing it over to a relatively unknown company with false promises of profits.
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Teawhalee
Copper Member
Jr. Member
Offline
Activity: 482
Merit: 1
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October 05, 2018, 03:39:05 PM |
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the simple truth is that there is no safety in what you can control. freedom , privacy is key in investment and today's world. this is why people love and want cryptocurrency to takeover. anything other than this cant be trusted because the power dosen't belong to , it belongs to the house, and there decision is always the final whether its good for you or not.
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Amevalentine
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October 05, 2018, 03:41:16 PM |
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if I think it's safe and not it depends on how the person uses it, because if we are careless and not careful the day must be prone to loss
Yes, I really agree with you, it is safe not to depend on the company, but from ourselves, whether we can secure our own bitcoin, we do not need to be raided if we ourselves can and are safer |
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Bestorm
Newbie
Offline
Activity: 36
Merit: 0
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October 05, 2018, 03:43:27 PM |
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It is a good idea but you also should search whether it is a legit and trustworthy company or not.
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budismile
Jr. Member
Offline
Activity: 293
Merit: 1
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October 05, 2018, 03:49:53 PM |
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All I know, the safest storage place is in your Bitcoin wallet. Bitcoin's principle, "The right to use Bitcoin, is fully used by holders". if you give your Bitocin, then you give have all the rights to use Bitcoin to the company it and the results if you are negative you must accept it. so I think you have to think again with what you will do. |
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carter34
Member
Offline
Activity: 1302
Merit: 25
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October 05, 2018, 04:23:56 PM |
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It is a good idea but you also should search whether it is a legit and trustworthy company or not.
I think this is also like having your coins saved for you with an exchange. Even with adequate research, anything can still happen, it is not regulated and because of this factor, it is risky. Registration is different from being regulated. |
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Reid
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October 05, 2018, 04:45:31 PM |
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This is one old trick for a scam.
Once I saw this kind of offer using Australian dollar. They say you will just have to deposit the certain kind of currency and then you will get a percentage in return once another user loaned the money you have deposited.
Don't fall for it. If you really want to invest with something like that then, be really careful. See to it that the person running it have funds also in case something bad happens.
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Dudeperfect
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October 05, 2018, 05:02:51 PM |
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Bitcoin is based on the blockchain technology which relies on the principle of decentralization. Even though the decentralization has tremendous power, there is also a sense of responsibility and hence when it comes to crypto it's all about self-responsibility. One should always understand the fact that anyone having the private key or access to the fund has the ability to spend funds associated with that wallet with or without the permission of the owner.
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sell100 (OP)
Copper Member
Jr. Member
Offline
Activity: 172
Merit: 7
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October 05, 2018, 05:15:11 PM |
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if I think it's safe and not it depends on how the person uses it, because if we are careless and not careful the day must be prone to loss
I am afraid he is a Swindlers Company, then our bitcoin will probably be gone. |
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sell100 (OP)
Copper Member
Jr. Member
Offline
Activity: 172
Merit: 7
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October 05, 2018, 05:19:29 PM |
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No one is going to give you an affirmative answer on this as no one knows if it's safe or not,this system is anonymous and a lot more than you can imagine happens underground,you could even be linked with a fake website address and lose a lot of money.. That been said its safety doesn't depend on whosoever is running it,and remember in this decentralized system trust absolutely no one but yourself as everyone is a scam until at least they are not s this a centralization wallet? |
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131tc01n
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October 05, 2018, 05:20:21 PM |
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in my opinion it is not safe, because I myself have experienced fraud and now I will not save anything except the official company and is well known in public. Con artists sometimes disguise themselves as if they are official partners of a reputable company, and I hope you are careful, it's better to keep your own assets without a third party
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