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Topic: Is Bitcoins safe? - page 22. (Read 90089 times)

legendary
Activity: 2436
Merit: 1008
August 19, 2016, 07:50:52 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.
hero member
Activity: 798
Merit: 505
August 19, 2016, 05:46:31 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


The better plan is that we keep our money on different platforms, with that if one of them go down or escape away or hacked by some hackers then we will not lose all of our money, we will lose only a fraction of our stored bitcoins, and we have to try to keep our coins on standard and well reputable wallets and exchanges etc.
I agree with you bro. Just to play safe its like trading, store your money on other altcoin then exchange it if the price rises, then if we do that we should be careful what we do and had a wise choice. But the price of bitcoin right now is will up soon so nothing to worry.
legendary
Activity: 1134
Merit: 1598
August 19, 2016, 05:37:03 AM
Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Are you sure about that? No investment is safe, except for Gold and Silver which are not only rare but also able to save you in case of a collapse. Bitcoin is not among the safest investments.
hero member
Activity: 952
Merit: 500
August 19, 2016, 03:51:49 AM
Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Bitcoin is not only about investment, you also can use bitcoin as a payment for buying or selling something and yeah, bitcoin is very safe same as fiat works.
That'a actually the main purpose of bitcoin that is why it is called as currency, and as a currency it can be use in transacting online and it is just now in the early stage people are calling it as investment because it was expected that the price will rise in the future.
sr. member
Activity: 434
Merit: 250
August 18, 2016, 08:20:43 PM
Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

Bitcoin is not only about investment, you also can use bitcoin as a payment for buying or selling something and yeah, bitcoin is very safe same as fiat works.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
August 18, 2016, 08:01:53 PM
Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley

That is true that bitcoin is really safe to invest your money in terms that no one cannot easily breach your bitcoin wallet address. But the thing about investment that it is risky because bitcoin has really a unstable price and it keeps on fluctuating that's why you need to take the risk if you are going to enter bitcoin.
full member
Activity: 201
Merit: 100
August 18, 2016, 06:54:53 PM
Yes, I really have no doubts about that honestly, the bitcoin is very safe to invest  Smiley
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
August 18, 2016, 05:32:25 PM
Your bitcoin address is safe if it is an offline address and you have the private key in a safe place. You still have the risk that bitcoin will fail and your bitcoins will be worthless.
hero member
Activity: 952
Merit: 503
August 18, 2016, 05:17:08 PM
yes defiantly bitcoin is a save investment . i am here in bitcoin form for last few years but i think i have neve seen any misunderstanding about bitcoin i think it is the most safest investment as compare to any other crypto currency, where you can put your money without any fear,
i agree with you bitcoin is really very safe investment and there is very less chance for risk if you want to buy bitcoin as investment , so we can strongly believe in bitcoin, it is very beneficial than other currency .
hero member
Activity: 1022
Merit: 521
August 18, 2016, 05:08:09 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


The better plan is that we keep our money on different platforms, with that if one of them go down or escape away or hacked by some hackers then we will not lose all of our money, we will lose only a fraction of our stored bitcoins, and we have to try to keep our coins on standard and well reputable wallets and exchanges etc.
full member
Activity: 124
Merit: 100
August 18, 2016, 04:43:44 PM
yes defiantly bitcoin is a save investment . i am here in bitcoin form for last few years but i think i have neve seen any misunderstanding about bitcoin i think it is the most safest investment as compare to any other crypto currency, where you can put your money without any fear,
full member
Activity: 237
Merit: 250
August 18, 2016, 04:27:39 PM
yes bitcoin is too much safer than other currency ,sometime i think that i convert my all money into bitcoin because bitcoin is very secure and beneficial than other if we hold it and then after increase its price we can get a good profit.

I can tell you one thing, no matter how promising and secure a certain investment may look, never put all your money in it. Even not when it is Bitcoin. Don't think you'll get guaranteed returns if you hold Bitcoin for a longer period of time. Guaranteed returns don't exist.
Man crazy price of bitcoin. Even if now it has fallen slightly, it still holds quite high. And in the future may even go up to $ 1000 or even more. But we must consider that today there is no stable bitcoin. The risk of losing the savings are very large.
yeah, the price is really high at the moment and i think the real winners with bitcoin are going to be the people who are holding their bitcoins at the moment
legendary
Activity: 1204
Merit: 1028
August 18, 2016, 11:44:48 AM
Its as safe as you want it to be. People complain about bitcoin being lost but those people are the ones that keep storing their coins on exchanges. A lot of idiots that lost money in bitfinex are back on bitfinex. Those people will never learn no matter how many times the get fucked by those companies.
hero member
Activity: 490
Merit: 500
August 18, 2016, 05:20:57 AM
Bitcoin is the safest payment method there is available at the moment... when you use paypal for a while you know why wink emotikon
how bitcoin can provide security for the payment method? no one can give you protection when you're dealing with a third party in bitcoin? '
PayPal provides protection for users and buyers? because they have control over all transactions? bitcoin does not have it?
sr. member
Activity: 256
Merit: 250
August 17, 2016, 12:55:15 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.
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.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
August 17, 2016, 12:47:46 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.
sr. member
Activity: 270
Merit: 250
August 16, 2016, 11:41:12 PM
yes bitcoin is too much safer than other currency ,sometime i think that i convert my all money into bitcoin because bitcoin is very secure and beneficial than other if we hold it and then after increase its price we can get a good profit.

I can tell you one thing, no matter how promising and secure a certain investment may look, never put all your money in it. Even not when it is Bitcoin. Don't think you'll get guaranteed returns if you hold Bitcoin for a longer period of time. Guaranteed returns don't exist.
Man crazy price of bitcoin. Even if now it has fallen slightly, it still holds quite high. And in the future may even go up to $ 1000 or even more. But we must consider that today there is no stable bitcoin. The risk of losing the savings are very large.
hero member
Activity: 532
Merit: 500
August 16, 2016, 11:29:59 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
hero member
Activity: 756
Merit: 501
August 16, 2016, 06:41:00 PM
yes bitcoin is too much safer than other currency ,sometime i think that i convert my all money into bitcoin because bitcoin is very secure and beneficial than other if we hold it and then after increase its price we can get a good profit.

I can tell you one thing, no matter how promising and secure a certain investment may look, never put all your money in it. Even not when it is Bitcoin. Don't think you'll get guaranteed returns if you hold Bitcoin for a longer period of time. Guaranteed returns don't exist.

Well you are right but currently bitcoin its safe and has a shedule that should make it more valuable over the time, sure no one should invest all his money at bitcoin and take the risk. But bitcoin is growing in value and in community supporters, soo thats already 7 years online and no one found any issue at bitcoin, some projects hacked, stolen the funds but bitcoin integrity keeps untouchable.
legendary
Activity: 1232
Merit: 1091
August 16, 2016, 05:36:32 PM
yes bitcoin is too much safer than other currency ,sometime i think that i convert my all money into bitcoin because bitcoin is very secure and beneficial than other if we hold it and then after increase its price we can get a good profit.

I can tell you one thing, no matter how promising and secure a certain investment may look, never put all your money in it. Even not when it is Bitcoin. Don't think you'll get guaranteed returns if you hold Bitcoin for a longer period of time. Guaranteed returns don't exist.
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