Is Bitcoin trusted to put your real money - page 7.

BTCLovingDude

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Quote from: agamasrori on July 01, 2016, 07:18:51 AM

Although it's not so save, but the chance to be hacked is not 100%. just keep you're secret and be caareful. I think saving bitcoin in some of different wallet can reduced the risk.

it is not save it is safe!
it is so simple if you are not using offline (cold) storage, no encryption or easy passwords like 123 for encryption, or if you are using web wallets then you are inviting to be hacked yourself. and by avoiding these you can be 100% safe.

also having bitcoin in multiple wallets is not adding to your safety at all. just have one wallet and learn how to make that one wallet safe.

davis196

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Quote from: Jemzx00 on February 10, 2016, 10:19:08 AM

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

I`ve never heard about people bying btc using fake money Grin

...

Off course they are buying bitcoins with real money.

Yes,it`s safe enough to put your real money and invest into btc.

Off course there are scams,hyips,ponzis but you have to be careful and stay away from them.

agamasrori

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Although it's not so save, but the chance to be hacked is not 100%. just keep you're secret and be caareful. I think saving bitcoin in some of different wallet can reduced the risk.

tabas

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Quote from: dothebeats on July 01, 2016, 05:57:40 AM

Depends on how much money you put. If it is your whole life savings, then it is probably not worth it after all due to bitcoin's price fluctuations. You could put something into bitcoin, a couple of hundred dollars, and just expect to rise it from there.

I would say 50% risky and 50% safe. We can't say what is going to happen with bitcoin in the future but as we can see today. Bitcoin is being trusted by many stores and people.
It is better if you are not going to put all of your real money just put limit on it.

dothebeats

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Depends on how much money you put. If it is your whole life savings, then it is probably not worth it after all due to bitcoin's price fluctuations. You could put something into bitcoin, a couple of hundred dollars, and just expect to rise it from there.

boyptc

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Quote from: akogwapo14 on July 01, 2016, 04:12:08 AM

Trusting your money in bitcoin is very risky there's a time that the price of bitcoin is low but if you want it in long term, I don't see any reason why you don't trust bitcoin. Bitcoin is good currency I think.but time will say what will happen in bitcoin.

For me, if you really do believe bitcoin then you are going to put your real money or in short, you are going to invest in bitcoin.
It doesn't mean that you don't trust bitcoin if you aren't going to put your real money on it.
Because we need to consider if people that are able to put their money does have funds.

JeffBrad12

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Quote from: akogwapo14 on July 01, 2016, 04:12:08 AM

Trusting your money in bitcoin is very risky there's a time that the price of bitcoin is low but if you want it in long term, I don't see any reason why you don't trust bitcoin. Bitcoin is good currency I think.but time will say what will happen in bitcoin.

it's not promising for you to put all of your money, it's only became an investment for you. put all of your money and became an investment have a different means. put all your money it's mean you want to save all your money in bitcoin form and not care about risk in bitcoin because your intention only to saving your money. but investment has means you put some amount of your money into bitcoin at the same time you can getting a profit from them.

akogwapo14

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Trusting your money in bitcoin is very risky there's a time that the price of bitcoin is low but if you want it in long term, I don't see any reason why you don't trust bitcoin. Bitcoin is good currency I think.but time will say what will happen in bitcoin.

Enotche

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Yes, I trust Bitcoin. I invest a little money in Bitcoin. Contributed money gradually increasing due to the growth rate. It turns passive income. I do not trust the banks, they have too little interest in the year, and you get a tiny amount. In addition, you need to go through the bureaucratic hell. With Bitcoin is a whole lot easier. Bitcoin no one you can not steal.

PemburuReceh

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Absolutely, bitcoin is money so why to trust? , they are the same like spend and save.

BitcoinSupremo

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Quote from: romero121 on July 01, 2016, 01:22:05 AM

Quote from: lixer on July 01, 2016, 12:59:19 AM

Quote from: BillyBobZorton on June 30, 2016, 08:21:37 AM

With the brexit and all the currency devaluations all around the world, Bitcoin and gold are the best ways to put your money at. With gold you guarantee a certain stability and with bitcoin you guarantee potential growth of your wealth.

Bitcoin and gold are technically the same since bitcoin is the "e-gold" or something and it is the by far probably the best 'stocks' to put our money in. I love to put my money into bitcoin buying.

I don't think bitcoin and gold were similar. One could never experience such a big profit got from bitcoin compared to gold. Major factor which is advantageous with gold is its acceptance and stability which can't be seen much with bitcoin.

You are wrong one have already experienced more big profit with gold so far than with bitcoin, since I work in the economic field and I have access to sensitive data and news, I know that many people took profit when they first bought gold at about 1090 USD the gold almost lowest price and then they sold it for 1972 USD , pretty nice profit I would say. Of course this have happened in the stock market and not physically but my point is that even gold can give you huge profit. Personally though I am 100 times more pro bitcoin rather than gold.

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Quote from: lixer on July 01, 2016, 12:59:19 AM

Quote from: BillyBobZorton on June 30, 2016, 08:21:37 AM

With the brexit and all the currency devaluations all around the world, Bitcoin and gold are the best ways to put your money at. With gold you guarantee a certain stability and with bitcoin you guarantee potential growth of your wealth.

Bitcoin and gold are technically the same since bitcoin is the "e-gold" or something and it is the by far probably the best 'stocks' to put our money in. I love to put my money into bitcoin buying.

I don't think bitcoin and gold were similar. One could never experience such a big profit got from bitcoin compared to gold. Major factor which is advantageous with gold is its acceptance and stability which can't be seen much with bitcoin.

lixer

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Quote from: BillyBobZorton on June 30, 2016, 08:21:37 AM

With the brexit and all the currency devaluations all around the world, Bitcoin and gold are the best ways to put your money at. With gold you guarantee a certain stability and with bitcoin you guarantee potential growth of your wealth.

Bitcoin and gold are technically the same since bitcoin is the "e-gold" or something and it is the by far probably the best 'stocks' to put our money in. I love to put my money into bitcoin buying.

goinmerry

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Quote from: fravia on June 30, 2016, 05:07:47 PM

Quote from: Jemzx00 on February 10, 2016, 10:19:08 AM

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

well i never had any problems with bitcoins or bitcoin wallets yet, so i buy lots of bitcoins each way just to keep my money there as i trust bitcoins pretty much actually

and if you mean that is it safe because of price, then i buy bitcoins when they are pretty cheap so usually after 2 weeks they are worth more than i bought them, so i get profit too

Maybe if we were some kind of big investors then there will be much problem. Better make your own wallet than online ones. Or you could divide it so that no one may try to hack or think about scamming you from the online wallet website suddenly closing. Something like 1 btc per online wallet or 2.

fravia

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Quote from: Jemzx00 on February 10, 2016, 10:19:08 AM

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

well i never had any problems with bitcoins or bitcoin wallets yet, so i buy lots of bitcoins each way just to keep my money there as i trust bitcoins pretty much actually

and if you mean that is it safe because of price, then i buy bitcoins when they are pretty cheap so usually after 2 weeks they are worth more than i bought them, so i get profit too

Superbitzz

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Quote from: jtalk on June 30, 2016, 12:26:14 PM

Bitcoin is fully trusted to put real money into it.In fact it is inflation less and much more safer than traditional ways of storing money or investment.In near future we will see lot more legislation and protection against frauds related in cryptocurrencies.Bitcoin is as safer as gold as asset or digital currency whatever you want to call it.

i am also agree with you. to me bitocin is fully trusted and you can put your money into it. but my personal suggestion is that you should not invest your all money in one business only. i like to invest the investment in 2 to 4 different business. because it is a safe method of investment.

jtalk

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Bitcoin is fully trusted to put real money into it.In fact it is inflation less and much more safer than traditional ways of storing money or investment.In near future we will see lot more legislation and protection against frauds related in cryptocurrencies.Bitcoin is as safer as gold as asset or digital currency whatever you want to call it.

serjent05

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As much as i know and from experience, i trust bitcoin as currency so for me it has no difference if i put my real money on it. It is like changing your USD to EURO. Billion of Dollars are already involved in this economy. And supporters and enthusiast are already scattered around the world. Just make sure to watch the market price closely though Grin

enhu

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don't put all your real money to bitcoin. christ! if you're from a stable country, just leave it to your bank and only put some for bitcoin the ones that you can afford to lose.
if you wanted to get into bitcoin, start with a small amount first. or better yet earn bitcoin.

Superbitzz

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Quote from: escrowboy on June 30, 2016, 11:10:17 AM

Quote from: Stedsm on June 30, 2016, 10:46:45 AM

It can be trusted if you prefer to put them in paper wallets offline rather than choosing online wallets with the fear of losing your coins as exchanges are tried to get attacked and hacked everyday.

When it comes to bitcoin behavior, I can say that I'm still new. I just want to know how to get an offline wallet? I've been using blockchain wallet since the I started bitcoin and I don't really know how to secure it because as what you said it's and online wallet.

yes it think bitcoin is really trusted and you can put your money in bitcion for price increase. i have so many friends who are involving in bitcoin forum up to know so we can say that bitcoin reliable and we can do trade in bitocin without any doubt.

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