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Topic: Is Bitcoins safe? - page 14. (Read 90108 times)

hero member
Activity: 518
Merit: 500
September 13, 2016, 04:53:37 AM
Nothing is 100% safe. Even bitcoin is at risk of being hacked. So it is up to us, users, to try and make the most our bitcoin's safe and attack-proof as possible. By being diligent and always taking precautionary measures, we minimize (if not avoid) the risk of compromising the bitcoins we have in possession.
i don't say there is no risk in bitcoin, but have you hear that almost all bitcoin users get hacked by the hacker that where it happened because they fault of their own. I am very confident that bitcoin is very safe without need extra security.
hero member
Activity: 714
Merit: 500
September 13, 2016, 04:20:53 AM
Nothing is 100% safe. Even bitcoin is at risk of being hacked. So it is up to us, users, to try and make the most our bitcoin's safe and attack-proof as possible. By being diligent and always taking precautionary measures, we minimize (if not avoid) the risk of compromising the bitcoins we have in possession.
sr. member
Activity: 350
Merit: 250
September 13, 2016, 04:14:09 AM
I think bitcoin is as safe as it can be and more safe than a bank. Ofcourse shit can always happen but if you have for example a hardware wallet then your bitcoins should be the most safe but it's also most effort.
I use blockchain and that's also very safe, alot of people use it to store their bitcoin and it's very well known. Overall I have faith that my money is in good hands.
hero member
Activity: 3052
Merit: 685
September 13, 2016, 04:00:18 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.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
September 13, 2016, 12:58:11 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.
hero member
Activity: 952
Merit: 500
September 12, 2016, 11:52:50 PM
Bitcoin is only as safe as you make it, and I can say that with about 99% confidence because the Bitcoin network hasn't been effectively hacked for the past 7-ish years, so that means that the only losses have come from human error so far.

The best thing you can do is make copies of everything, make sure you have all the data stored in multiple ways, and make sure you don't do anything stupid. If you can do that you'll be good, mostly.
That is how safe bitcoin is and it has been proven for the past 7 years, people will not trust bitcoin when it is not safe in their eyes so I think there is not need to doubt bitcoin system, the news we heard that some sites are betting hack, it is true but their site is not safe and not bitcoin itself.
legendary
Activity: 1218
Merit: 1007
September 12, 2016, 11:38:18 PM
Bitcoin is only as safe as you make it, and I can say that with about 99% confidence because the Bitcoin network hasn't been effectively hacked for the past 7-ish years, so that means that the only losses have come from human error so far.

The best thing you can do is make copies of everything, make sure you have all the data stored in multiple ways, and make sure you don't do anything stupid. If you can do that you'll be good, mostly.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
September 12, 2016, 11:31:44 PM
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.

Yes, the bitcoin network is safe and there is no issue with that. It depends on the people that they follow the basic security rules and best practices. If people do not follow and keep their all money in exchanges, the incidents like Bitfinex will keep on happening.   
legendary
Activity: 1901
Merit: 1024
September 12, 2016, 06:46:16 PM
Nothing is 100% safe, but if you keep the rule of cold storage wallet, paper wallet its like 99.9999999% safe, only human error can make you lose it
- lost password
- bad backup
- compromised PC
- human error
sr. member
Activity: 454
Merit: 250
September 12, 2016, 04:55:20 PM
I'd say it's one of the safest payment methods that exist, if you ask me. That's why bitcoin is where it is today, for the capacity to provide for the users more security and an efficient way to make transactions.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 12, 2016, 12:31:16 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.
definitely right,although most of the case the problem that make bitcoin lost is the human themselves not enabling all the security option so the security could be easily bypassed by the hacker or even getting tricked,bitcoin definitely giving us freedom so does with the security
hero member
Activity: 2282
Merit: 505
September 11, 2016, 10:14:10 PM
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.
That's right, safe or not it's depends on the adaptation of the users in every form of security because just himself can try for looking what the type of security is can make him is feeling comfortable and safe, otherwise from that like you said the users will be sued for becoming a disciplined person for always securing their money and susceptive about the various critical situation and reason.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
September 11, 2016, 10:10:54 PM
I would like to think they are safe to use because I have used alot of them in the last little while and if I didn't think they were safe to use then I wouldn't be using them in the first place. Embarrassed
full member
Activity: 126
Merit: 100
September 11, 2016, 10:05:49 PM
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.
hero member
Activity: 2128
Merit: 520
September 11, 2016, 09:49:56 PM
I think it is much safer  than those credit cards. If those are stolen, it can  be used just to swipe and sign. Bitcoin is  not that easy to be used,there are codes and it can also  be connected to your and whenever it is  logged or used it will text you or email you..
security issues I guarantee that if you have a purse given authentication. you will always be safe. but to issue a risk I do not guarantee that it will be safe. yeah because the fluctuations would be very scary you know
There is no security issues in bitcoin because it has been proven safe for a long time already, the only loop hole is on the side of th exchange sites because some of them has no strong security against hackers.
which is correct bitcoin itself is secure it is just the exchange got issue regarding to security so for me if we talk about btc yes it is secured and you can trust your investment just be very careful to assess what particular exchange are you going to use.
hero member
Activity: 3010
Merit: 666
September 11, 2016, 09:45:34 PM
I think it is much safer  than those credit cards. If those are stolen, it can  be used just to swipe and sign. Bitcoin is  not that easy to be used,there are codes and it can also  be connected to your and whenever it is  logged or used it will text you or email you..
security issues I guarantee that if you have a purse given authentication. you will always be safe. but to issue a risk I do not guarantee that it will be safe. yeah because the fluctuations would be very scary you know
There is no security issues in bitcoin because it has been proven safe for a long time already, the only loop hole is on the side of th exchange sites because some of them has no strong security against hackers.
sr. member
Activity: 420
Merit: 250
September 11, 2016, 08:06:28 PM
I think it is much safer  than those credit cards. If those are stolen, it can  be used just to swipe and sign. Bitcoin is  not that easy to be used,there are codes and it can also  be connected to your and whenever it is  logged or used it will text you or email you..
security issues I guarantee that if you have a purse given authentication. you will always be safe. but to issue a risk I do not guarantee that it will be safe. yeah because the fluctuations would be very scary you know
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 11, 2016, 07:11:44 PM
Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account?  What permissions they need , to freeze all my money ?
if you have turned all your money in bitcoin and its assets then i think there also no risk even at this site. but you should always remain careful that you had never share your password . all these type of bitcoin assets will tends to increase price per year surely . so here is only need to wait amd Patience .
all over all things in bitcoin is safe .
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 11, 2016, 07:07:15 PM

I think it is much safer  than those credit cards. If those are stolen, it can  be used just to swipe and sign. Bitcoin is  not that easy to be used,there are codes and it can also  be connected to your and whenever it is  logged or used it will text you or email you..

With a keylogger, the job is easy. It's easier to steal Bitcoin than Credit Cards, in my opinion. This is because of the almost impossible to penetrate banking systems.

you're talking like stealing bitcoin is so damn easy,then how you can bypass a wallet that require you to insert verification code,sms authentication,and 2fa authentication? i guess almost all of online wallet nowadays having this feature and it's sure a high wall that can't be bypassed easily,tell me please
hero member
Activity: 910
Merit: 500
September 11, 2016, 07:00:10 PM
It's safe enough, if you are attentive and know about scammers and also can avoid it, your goods will be yours Grin Just be carefull.
Yis in all the time you need to be carefull on what you're doing some one people are going create some ponzi website to scammed some investors you can avoid it anyway by not investing and not promoting it and use your bitcoin in smart ways so that you'll be fine for sure
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