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Topic: Is Bitcoins safe? - page 13. (Read 90089 times)

full member
Activity: 238
Merit: 250
September 14, 2016, 10:51:28 PM
I would answer yes, Bitcoin is one of the safest alternatives to send, receive and store value.
The reason for this is that Bitcoin is backed by blockchain tech, the best technology available for this purpose.
sr. member
Activity: 256
Merit: 250
September 14, 2016, 06:56:45 PM
I think that, based on different criteria, it is one of the safest options currently available for electronic payment and also to store value. But more users need to familiarize themselves with this technology.
legendary
Activity: 3276
Merit: 2442
September 14, 2016, 06:28:22 PM
I don't understand something about bitcoin. Few days ago i checked one of my addresses on blockchain and i saw that there were other transactions coming and going from my address. I also saw my own transactions but there were some other transactions that weren't mine. How is this possible?
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
September 14, 2016, 06:24:01 PM
I would say bitcoins are safe if you get them from a reliable source and don't involve yourself into bad situations and dealing with others when it comes down to it really.
Just keep your nose clean and you will be alright.
member
Activity: 110
Merit: 10
September 14, 2016, 05:03:48 PM
Bitcoin is safe if you know how to keep them safe.

My recommendation is hardware wallets and you will be safe, no one will ever get access to your funds. Pretty good for me Smiley
member
Activity: 70
Merit: 10
September 14, 2016, 03:49:58 PM
Bitcoin is secure if the user is careful enough to protect his coins, but will not be so hard taking every precaution, because the best wallets provide resources for it.
hero member
Activity: 672
Merit: 500
September 13, 2016, 10:03:53 PM
In my opinion it is one of the safest options, if not the safest, available in time to make electronic payments and to store value, because it is backed by blockchain technology.

of course bitcoin is the safest way to save our money if we can save our privatekey, if we choose bitcoin for holding money, it's like we are "the bank" we must protect our bank from any person wo want to steal it.
hero member
Activity: 826
Merit: 502
September 13, 2016, 06:05:06 PM
yes bitcoin is safe and no one can freez your money no matter what ever information they has just you protect your own private key of your wallet.i am sure they have to take illigal ways if they wamt to see whats inside your wallet

because of the feature that no one have control on our money in bitcoin and no one can freeze it, I like bitcoin the most and I try to keep more of my money in bitcoin and consider them at a more safe place even than in banks I like bitcoin and consider it more safer than banks.
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
September 13, 2016, 05:42:59 PM
In my opinion it is one of the safest options, if not the safest, available in time to make electronic payments and to store value, because it is backed by blockchain technology.
legendary
Activity: 1274
Merit: 1004
September 13, 2016, 01:15:49 PM
yes bitcoin is safe and no one can freez your money no matter what ever information they has just you protect your own private key of your wallet.i am sure they have to take illigal ways if they wamt to see whats inside your wallet
legendary
Activity: 1274
Merit: 1000
September 13, 2016, 12:32:52 PM
A safe asset has attributes that traders mutually agree on, quickly and at low cost. Such objects can really become monetary instruments or exchange media. The purpose of coins was to make objects easily recognizable with little to almost no effort.So in that kind of sence we can tell BTC is safe,but you can always get hacked so it all depends on you and how and where you collect and keep your coins.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 13, 2016, 11:59:48 AM
There had been many instances that some tech news outlets claim that 'Bitcoin is hacked' when in fact the services utilizing bitcoins in their business is the one who was hacked. Bitcoin in itself is pretty darn secure in terms of cryptography. The only instances that it could have some compromise in terms of security is when a 51% attack occurs, resulting to a fork, a quantum computer being invented to brute-force priv keys (not gonna happen in our lifetime, boys) among others. As for being safe with bitcoins, it depends on you, how you keep your bitcoins and the way you store it. It's not the protocol's fault if your wallet was compromised because maybe you haven't did security checks and left it vulnerable for exploits and hacks.
sr. member
Activity: 476
Merit: 250
September 13, 2016, 09:42:24 AM
I think that Bitcoin is pretty safe to use but there are always scammers active so look out for those people.
If you are just doing your own thing and not pay other people attention you should be alright.
Good advice and I think bitcoin is also so safe cause it's anonymous. Nobody can track you trough it for whatever reason they would be doing that. Also as I understand the system of the way how bitcoin works is also very secure and integer. But casinos etc get hacked all the time so watch out when playing in one.
full member
Activity: 126
Merit: 100
September 13, 2016, 08:51:06 AM
Bitcoin is backed up by massive amounts of cryptography, so your funds won't just get stolen and your private key won't just end up getting leaked or stolen, like your identity could be using other forms of payment, such as a credit card.

As for actually keeping them safe, that comes down to what you can do. Keep them off of internet-connected PCs that could have vulnerability issues, and keep your wallet on a usb, with multiple copes. Simple and secure.
legendary
Activity: 2282
Merit: 1041
September 13, 2016, 08:49:15 AM
Theres still benefit for those sellers for bitcoin that are sent can never be disouted unless the recepient sends it back.  This isn't the case with paypal as buyers always have the benefit to dispute and gets back their money while the product stays with them.
hero member
Activity: 1008
Merit: 540
September 13, 2016, 07:19:40 AM
As NO ONE can touch your bitcoins even if government cut your internet gateway, even if they bloxk anything they want/suspect. It's like in Russia or in Venezuela were government prohibit any type of negotiation using bitcoin. Not because I like but I went to a conference in Havana last March this year and, as many of us were very curious about everything in Cuba, I ask some cool guy who were very engaged in IT about BTC and so he said "the government can control even my toilet paper but nobody can controls my bitcoins, because it's not here and they can't trace it". So bro, if even in totalitarian countries bitcoin system is free you better be cool and relax.
Correct no one can ever touch your bitcoin except you even fbi will say that they are going to investigate your bank well you gonna tell them that im not using bank i use bitcoin hahaha bitcioin can never trace who using it bitcoin will keeo you safe.
hero member
Activity: 756
Merit: 500
September 13, 2016, 07:13:09 AM
As NO ONE can touch your bitcoins even if government cut your internet gateway, even if they bloxk anything they want/suspect. It's like in Russia or in Venezuela were government prohibit any type of negotiation using bitcoin. Not because I like but I went to a conference in Havana last March this year and, as many of us were very curious about everything in Cuba, I ask some cool guy who were very engaged in IT about BTC and so he said "the government can control even my toilet paper but nobody can controls my bitcoins, because it's not here and they can't trace it". So bro, if even in totalitarian countries bitcoin system is free you better be cool and relax.
hero member
Activity: 658
Merit: 500
September 13, 2016, 07:00:32 AM
It depends on the users. The system fulfills its role by providing various security measures. But the users must take all necessary precautions to protect their data and their funds.
yeah i think it would depend on the users themselves? if users are good at securing their passwords and their wallets. of course they will always be safe from thieves. as long as I use bitcoin, I have never felt stolen and it was because I had a good safety in  my wallet ?
legendary
Activity: 1232
Merit: 1000
September 13, 2016, 06:02:17 AM
Very simple reason why bitcoin is safe. From the day of digital currency network existence large number of different digital currencies have got existed but bitcoin is the one which had been still lasting with a good value.
You are certainly right, bitcoin has experienced many trials in the past and it has overcome it and look up bitcoin now, it is very progressive because people trust it as the entire system is safe.
but there is always a gap to get a hacker. but as far as I save it in wallet safely, it never gets hacker.
unless you save it in the exchangers or investments, bitcoin is not safe if in the situation.
sr. member
Activity: 406
Merit: 250
September 13, 2016, 05:59:22 AM
It depends on the users. The system fulfills its role by providing various security measures. But the users must take all necessary precautions to protect their data and their funds.
Ya bitcoin wallets provides many security features nowdays,so first of all a user must choose the right wallet to keep their coins,i would recommend blockchain.info wallet and must take all necessary steps to increase the security of the account like enabling 2fa is a must if you dont want your wallet to be hacked,and i could say then bitcoin is safe.
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