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Topic: Is Bitcoins safe? - page 21. (Read 90108 times)

full member
Activity: 237
Merit: 250
August 23, 2016, 02:35:06 PM

if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
I think as long you not save your coins or money at exchanger it will not be a problem since we do withdraw/deposit every time we want to made a trade.
thats true, i never put my money on an exchange in order for not to have any big problems with my money being stolen
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 23, 2016, 12:04:57 PM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then

yeah bitcoin is safe di per se but exchange ar enot, i'm not holding anything also, what i've seen is that people thing that bitcoin was hacked, when they see an exchange it's hacked they don't understand that you can not hack bitcoin but only its third party
legendary
Activity: 1638
Merit: 1046
August 23, 2016, 11:56:43 AM
   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   

it's very risky to go all in for save our money at 1 place, although is a gold investment or vault of bank, better we split our money to save in some place like gold, real estate, mining hardware etc.
i think if we save our money in banks its more safe than you split it because you have no guarantee if you save it and stay it in bitcoin wallet that you dont know how bitcoin will stay alive..
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 23, 2016, 11:24:54 AM
In terms of asset-keeping, if it's not that strict on keeping such in your country/place, it is very safe as long as you keep your bitcoins in an encrypted wallet and only you knowing the passphrase. Also, just a friendly reminder, don't ever, ever keep your bitcoins in a third-party services because these services are susceptible of being hacked. In terms of taxation, I don't know how would it be taxed at all.
hero member
Activity: 644
Merit: 509
August 23, 2016, 11:06:58 AM
   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   

it's very risky to go all in for save our money at 1 place, although is a gold investment or vault of bank, better we split our money to save in some place like gold, real estate, mining hardware etc.
hero member
Activity: 714
Merit: 500
Me, myself and I
August 23, 2016, 10:28:47 AM

if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
I think as long you not save your coins or money at exchanger it will not be a problem since we do withdraw/deposit every time we want to made a trade.
hero member
Activity: 532
Merit: 500
August 23, 2016, 10:21:30 AM
Bitcoins is really safe and no one can easily access to your wallet unless you are going to give your keys and password to someone you don't know.
Just like what the people in the deep web are doing. They are having transactions with the use of bitcoins so that their identity are going to be hide and hard to traced.
yeah I think security will depend on the wallet and the security that you wear. I use blockchain so even though they have my identifer but if they do not have my IP then they will not get into my purse. and I also added some it will be adding new authentication security on bitcoin wallet

legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 23, 2016, 04:17:33 AM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then
We need to learn from the experience of ours not to entrust all our money in the exchange sites, we need to put a certain amount for trading and withdraw if when we are done trading for a day, it does not matter if it is inconvenient as long as it is safe.
sr. member
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 22, 2016, 06:08:28 PM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
i think you might be correct, im not holding any of the bitcoins on an exchange because i saw that anything might happen with it then
full member
Activity: 238
Merit: 100
August 22, 2016, 03:31:17 PM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
yes i am also agree with you, bitcoin is really a safe investment, as we can see that more and more people are entering in the world of bitcoin and they are investing their money here, therefore bitcoin is becoming stronger, reliable, therefore to me in present time bitcoin is a safe investment as compare to other investments.
hero member
Activity: 924
Merit: 506
August 22, 2016, 03:04:41 PM
Yes bitcoin is safe because already established very well and there is no need to be worried.
Only thing you need to be worried though is altcoins, because some of them are not safe at all and you could lose your money.
sr. member
Activity: 278
Merit: 250
August 22, 2016, 02:19:07 PM
   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   
The real prospects for investment in bitcoin I do not see too. I think if you have a bitcoin, which has produced only personally.
hero member
Activity: 588
Merit: 500
August 22, 2016, 02:13:08 PM
   I don't think its safe to have all asset on one thing, especially not in bitcoins. I'm not saying that bitcoins doesn't have future, I just think bitcoin are not stable enough for anyone to invest all asset in bitcoins.
   I saw people arw doing crazy things, some people have luck, many others just lose all and become homeless. I think its better to be wise, and find money on other ways, work more, make less profit but at least risk of losing everything is much smaller.
   
newbie
Activity: 28
Merit: 0
August 22, 2016, 01:49:30 PM
It is pretty safe, but I wouldn't recommend keeping everything in bitcoin.
legendary
Activity: 2436
Merit: 1008
August 22, 2016, 01:47:03 PM

if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.

Well every exchanger has it's own different exchange rate because that was business after all.

If you are really looking into quite safe one to purchase coins, it's not wrong if you will try those exchanger that really proven their names in the market although it's not an assurance that it is 100% safe.

If you really like a 100% safe, you can do some meetups in your location based on party's exchange rate deal.
sr. member
Activity: 275
Merit: 250
August 22, 2016, 12:25:31 PM
Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.
Since the currency of the other samples will exist for a long time now and its banks will take. And I think that even with the release of bitcoin on a huge market, banks will not stop their activities.
hero member
Activity: 784
Merit: 500
August 22, 2016, 11:14:38 AM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage

if you use shapeshift.io it's very safe changer, decentralization system make we can hold our purchasing, so we can manage it, but the rate of shapeshift usually not same like other normal changer.
sr. member
Activity: 337
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 19, 2016, 11:27:25 AM
From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion. Embarrassed
Just don't put all your eggs in one basket and you will be happy.
thats true, if you are a trader then i highly dont recommend to hold all your bitcoins and trade on one exchange as you might lose a lot of money because of such decision
I think it's different problems. because the exchange is a third party so of course you also have to be careful because the site may be a scam. but the problem is. bitcoin is it safe? because the price of bitcoin is still a consideration for someone to invest in bitcoin. you know that fluctuations



Thanks to bitfinex. Doubts in bitcoin users through wallet exchange goes higher. Now people become aware of this kind of situation. If that didnt happen even me wont loom for another option to keep safe my bitcoin.
yeah it looks like you should be more careful again with exchange sites that do not have a clear address. as it is likely they are to be a scam
you can trade on the exchange sites have a complete and clear data. and do not put all of your money in that site

exchanges are really not safe at the moment though bitcoins itself is a really safe currency that cannot be stolen from cold storage
legendary
Activity: 2436
Merit: 1008
August 19, 2016, 11:24:06 AM
Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.

Agree. Every forms of investment has an associated risk so don't just relax but make sure all things are in good place. If you choose to select any kind of investment, make sure you takes that seriously.

There are lots of people who failed when dealing in an investment because of lack of self disciplined.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 19, 2016, 08:37:52 AM
Many people after what happened with bitfinex, thinking that their financial savings could be in danger if they are stored online in your wallet. From this no one is immune. But as far as I know, there are safer options purses that everyone can afford.

So they just start to think like that after to what happened in bitfinex? What kind of people are they? Just accumulating coins without any precautions on how they will keep their coins safe? They should know that in the first place even without proper education because that is obvious thing to do.

In bitcoin world, don't just save and save as bitcoin is money.
And why would they choose bitcoin as their savings, I believe that is a wrong thinking because once you put your money here in bitcoin that is no longer called savings instead it is called investment already and every investment has its inherent risk so never invest all your money.
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