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Topic: Is Bitcoins safe? - page 18. (Read 90108 times)

hero member
Activity: 952
Merit: 500
September 05, 2016, 02:58:54 AM
It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
That is safe in terms of keeping your pin/password privately but i do not think it will safe to store a lot of money in bitcoin wallet because you will take high risk on that we do not have any assurance if there something bad happen we will recover our bitcoin.
You have no choice but to trust bitcoin on that, you have to take the risk because you are keeping your money in the bitcoin wallet because you are investing, that is why we must ensure that what we keep is the amount we can afford to lose because bad thing can also happen and bitcoin might be worthless in the future.
sr. member
Activity: 406
Merit: 250
September 05, 2016, 12:45:24 AM
It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
That is safe in terms of keeping your pin/password privately but i do not think it will safe to store a lot of money in bitcoin wallet because you will take high risk on that we do not have any assurance if there something bad happen we will recover our bitcoin.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
September 04, 2016, 11:50:00 PM
It all depends on how you carry them. If you hold the private key then I would say you are safe from losing your wallet.
I would suggest investing in a hardware wallet if you have fear in someone online hacking into you bitcoin wallet whether it be a web wallet or a client on your pc.
That way you know they are safely secured.
full member
Activity: 224
Merit: 100
September 04, 2016, 11:25:23 PM
In my opinion Bitcoin is not much safe , like when you buy in case of scam, like seller do not deliver service then you can do nothing. But in case of privacy its save, no verification, no identity, nothing. Therefore i conclude that bitcoin is always take a risk in any aspect. So be vigilant to every transaction that you gonna make.
member
Activity: 70
Merit: 10
September 04, 2016, 08:41:12 PM
Yes, I personally consider bitcoin as a safer method for payments, very simple to use, besides the fact of being fast. But of course you have to take security measures and also choose a secure and efficient wallet.
sr. member
Activity: 389
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 01, 2016, 08:59:57 AM
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.
You are right, bitcoin is safe just be careful not to leak important keys so your wallet cant be hack. eversince i never had experience any problem by storing my btc in my wallet and in sending money im content and its quite good however i never put all my assets in btc.
yeah, bitcoins are basically the safest currency because it does not require any banking and stuff like that, i think it is the best
hero member
Activity: 994
Merit: 544
September 01, 2016, 08:04:55 AM
Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.

Yes that happens all time and the biggest recent occurence was the hacking at bitfinex and it is very clear that bitcoins is profitable but at the same time it carries risk.Just like the bank that goes bankrupt and can no longer refund your money, bitcoin sites may also go down along with your bitcoins. So to make bitcoins investment more safer it is indeed wise not to keep it in one wallet but on multiple wallets especialy if it is a big amount.
hero member
Activity: 3010
Merit: 666
September 01, 2016, 07:43:38 AM
Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.
Exchange site are prone to hacking either by inside job or really a hacking from the outside, we have witness sites being hack so it is better not to trust all our bitcoin in one site and better save it in our cold wallet.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 01, 2016, 05:46:47 AM
Bitcoin has its own advantages and disadvantages. I would not suggest converting all your assets to bitcoin. It has been proved that the bitcoin network is impossible to be hacked by any ordinary rig. However there has been instances where exchanges and such turn scam and steal everything or they get hacked by hackers and all the funds are stolen.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
September 01, 2016, 02:54:30 AM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.
In that scenario much better is bitcoin but credit card has a advantage in terms of urgent to buy something, as long as you keep it privately your bitcoin wallet that is very safe, and if your credit card also keep it well that is also safe.
They have both advantages and disadvantages, it depends on the users. But one thing I am certain is that credit card will let you spend and you will live with a lot of debts if you cannot control your spending but bitcoin on the other hand will provide your income with your investment.
sr. member
Activity: 406
Merit: 250
September 01, 2016, 01:41:02 AM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.
In that scenario much better is bitcoin but credit card has a advantage in terms of urgent to buy something, as long as you keep it privately your bitcoin wallet that is very safe, and if your credit card also keep it well that is also safe.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
September 01, 2016, 12:39:47 AM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.

Once a credit card is stolen and duplicated it will be a real problem. Imagine you found it again at a Lost and Found counter or the bank sent it back to you saying someone brought it back. The thief will do that so that you will keep it open and he will be also using it to buy some goods while you dont even know until the bill came. That is how risky a credit card is. I would prefer bitcoin.
legendary
Activity: 3122
Merit: 1140
August 31, 2016, 11:31:21 PM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

that's right simple.
i think bitcoin should be best currency system, with highest technology security for me bitcoin is the most secure currency.
no people can control my money if i save it in bitcoin.

You were right, bitcoin is safe whenever we decide to put  our assets  on it  converted to bitcoin, we could  keep them without being traced but we must remember that   investing in bitcoin has risk on might you loss a percentage of your total investment.  As long no one knows your private keys to your storage or wallet then no one could  do hard with it.
hero member
Activity: 1036
Merit: 520
August 31, 2016, 10:46:04 PM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

actually i think bitcoin is a lot safer than credit cards because even using your credit card at an atm machine is exposing you to many risks of even stolen credit cards.
but with bitcoin you can do everything offline and be the sefest possible.
hero member
Activity: 756
Merit: 502
August 31, 2016, 10:18:03 PM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.

that's right simple.
i think bitcoin should be best currency system, with highest technology security for me bitcoin is the most secure currency.
no people can control my money if i save it in bitcoin.
member
Activity: 84
Merit: 10
August 31, 2016, 07:54:31 PM
It's as safe as your creditcard IMO, if you don't expose your computer to viruses or trojans or show the private keys to someone else then it is safe, as an investment it depends, but surely a high-risk money investment.
hero member
Activity: 952
Merit: 503
August 31, 2016, 02:36:08 PM
I'm sure bitcoin is very safe, many people using bitcoin and no one complain about bitcoin and no issue about it. The problem in bitcoin is there are many hackers out there and that's make bitcoin become unsafe.

Yeah, bitcoin very safe if you only save on the wallet and wait for prices to rise, and not using bitcoin for anything, including investments. but you must save in a good wallet to avoid hackers.
yeah bitcoin is really very safest than other currency and i also save my bitcoin in wallet for rise its price and not spend or use it in anywhere because i am sure that price will be rise up sooner.
sr. member
Activity: 630
Merit: 267
Just follow the rules
August 31, 2016, 09:25:42 AM
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 ?
DEFINITELY yes bitcoin is safe and some bitcoin wallet you are using too are safe as banks and bitcoin you can use it anonymously where it can shown or it can't be know by someone who you are if you are using bitcoin it is the advantage if you are using bitcoin and you can use it to invest and do some trading
hero member
Activity: 3010
Merit: 629
August 31, 2016, 08:18:20 AM
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.
You are right, bitcoin is safe just be careful not to leak important keys so your wallet cant be hack. eversince i never had experience any problem by storing my btc in my wallet and in sending money im content and its quite good however i never put all my assets in btc.
sr. member
Activity: 378
Merit: 251
August 30, 2016, 10:01:30 AM
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.
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