brigitte-grisanti (OP)
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October 27, 2014, 05:26:04 PM |
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Hi! New to Bitcoin---I am just wondering is Bit Coin safe?? I have seen many things about bitcoin.
Brigitte Grisanti
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remotemass
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ASMR El Salvador
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October 27, 2014, 05:33:04 PM |
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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bbit
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Bitcoin
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October 27, 2014, 05:40:49 PM |
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Hi! New to Bitcoin---I am just wondering is Bit Coin safe?? I have seen many things about bitcoin.
Brigitte Grisanti
Bitcoin is a safe yes. |
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LFC_Bitcoin
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#1 VIP Crypto Casino
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October 27, 2014, 05:59:19 PM |
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Bitcoin is as safe as you make it.
Use a reputable wallet, Multibit, Electrum, coinbase or blockchain.info will be good enough for you to start.
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moko666
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October 27, 2014, 06:01:51 PM |
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bitcoin is safe
better then payment system like paypal, payza or libertyreserve(hope you remember this)
not a prob like your wallet will banned that we face mostly with other online payment system
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erre
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October 27, 2014, 06:02:12 PM |
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Bitcoin is safe, but not user-friendly as apple store. You just need to learn how to use it properly, and your money will be safe like never before.
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ChuckBuck
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October 27, 2014, 06:21:27 PM |
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Bitcoin is safe if you lock it in a safe. As soon as you amass any amount you're not willing to lose, create these and lock them up! https://bitcoinpaperwallet.com/ |
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Lauda
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Terminated.
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October 27, 2014, 06:27:31 PM |
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Yes Bitcoin is safe. It's your computer/network that isn't because most users are way to ignorant and have 0 knowledge. My wallet has been on my laptop for years now and nothing has happened, everything is still there.  |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Beliathon
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October 27, 2014, 07:29:56 PM |
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Bitcoin is safe if you lock it in a safe. As soon as you amass any amount you're not willing to lose, create these and lock them up! https://bitcoinpaperwallet.com/+1 or any of the other myriad cold storage options Brainwallet is my preference, but its not for everyone. |
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HeroCat
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October 27, 2014, 07:42:29 PM |
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Well, BTC are relatively safe. Trezor I think is a best for BTC wallet  |
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MF Doom
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October 27, 2014, 07:45:14 PM |
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Is anything "Safe" these days?
Millions of customers info hacked from Target & Home Depot.
Hundreds of millions of dollars worth of bitcoins "lost" or stolen from mt gox.
Id say its RELATIVELY safe, but still wouldnt put all my eggs in one basket if you know what I mean!
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franky1
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October 27, 2014, 08:15:16 PM |
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Is anything "Safe" these days?
Millions of customers info hacked from Target & Home Depot.
Hundreds of millions of dollars worth of bitcoins "lost" or stolen from mt gox.
Id say its RELATIVELY safe, but still wouldnt put all my eggs in one basket if you know what I mean!
putting your funds into other people baskets, such as banks, exchanges and online services is not 100% safe, bitcoins main concept is that you are the bank, so use a reputable proper bitcoin program on your computer (not an online service). online services are only really good for quick spending of small daily amounts. so dont throw everything into an online service (yes its worth me repeating twice) if you wish to be hyper critical about safe storage then learn how to back up the private keys on paper wallets so the keys are not even on your computer. then you will be sure you cant lose funds due to computer issues |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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MF Doom
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October 27, 2014, 08:22:53 PM |
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Is anything "Safe" these days?
Millions of customers info hacked from Target & Home Depot.
Hundreds of millions of dollars worth of bitcoins "lost" or stolen from mt gox.
Id say its RELATIVELY safe, but still wouldnt put all my eggs in one basket if you know what I mean!
putting your funds into other people baskets, such as banks, exchanges and online services is not 100% safe, bitcoins main concept is that you are the bank, so use a reputable proper bitcoin program on your computer (not an online service). online services are only really good for quick spending of small daily amounts. so dont throw everything into an online service (yes its worth me repeating twice) if you wish to be hyper critical about safe storage then learn how to back up the private keys on paper wallets so the keys are not even on your computer. then you will be sure you cant lose funds due to computer issues Yes I know how to do that. Not everyone does it though, and bitcoins are lost/stolen frequently when stored improperly (online). Basically, its as safe as you want it to be. |
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QuestionAuthority
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You lead and I'll watch you walk away.
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October 27, 2014, 08:29:02 PM |
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Hi! New to Bitcoin---I am just wondering is Bit Coin safe?? I have seen many things about bitcoin.
Brigitte Grisanti
Bitcoin is as safe as I am Brigitte. By the way, can I interest you in some free candy? |
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phillipsjk
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Let the chips fall where they may.
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October 27, 2014, 08:37:02 PM |
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My first post was on this topic.
I believe that Bitcoin is reasonably secure, but your computer is not. If your want to keep a substantial portion of your savings in Bitcoin (risky for a variety of reasons), I advise you to use "cold storage."
"Cold storage" means that the private keys for your wallet are generated, handled and stored in such a way that they remain isolated from Internet-connected machines. Because there is no "password recovery" such keys need to be stored in more than one physical location as well.
A relatively recent development, multi signature transactions (with m of n keys), can help with securely storing keys in multiple locations. They should also be useful for business or institutional use where the key holders have a healthy amount of mutual distrust. Distrust includes the possibility that at least one key-holder has a compromised machine.
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James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160 |
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TheLoser
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October 27, 2014, 09:46:20 PM |
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Where do you put your USD? Is it safe? Dunno.
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Syke
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October 28, 2014, 01:19:34 AM |
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Buy & Hold
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SanMerryDro
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October 28, 2014, 01:45:47 AM |
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not perfect safe.
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Valeey
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October 28, 2014, 02:17:17 AM |
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dreambie
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October 28, 2014, 02:19:22 AM |
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very safe |
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