Is Bitcoins safe? - page 24. | Bitcointalksearch.org

BeGoods

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Quote from: danherbias07 on August 09, 2016, 07:51:32 PM

Quote from: ajun96 on August 09, 2016, 05:44:18 PM

Quote from: fravia on August 08, 2016, 06:35:10 PM

Quote from: AndySt on August 08, 2016, 03:13:02 PM

Quote from: Lionidas on August 08, 2016, 02:54:37 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 I think users should start to be careful on any exchange because I think a third party on the internet there is nothing really can be believed
despite the well-known and trusted exchange sites could result in a scam. so my advice is do not keep all your bitcoin in exchange

btcking101

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Quote from: GamingBro on August 09, 2016, 09:31:45 AM

I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

Yes bitcoin is completely safe but still i would try to be more safe and wont store all my money in bitcoins because bitcoins is still a higly volatile currency and its price goes ups and downs to placing all my assets in bitcoin will give me alot of tension watching bitcoin price going up and down.So its better to hold only some of those assets in bitcoin.

Capradina

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Quote from: varusisog on August 11, 2016, 02:04:24 AM

Quote from: Nimbulan on August 10, 2016, 11:30:12 AM

Quote from: GamingBro on August 09, 2016, 09:31:45 AM

I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

of course bitcoin is a really safe type of money, in my opinion the price of the bitcoin is going to grow a lot in the near future and it is impossible to steal it

I expect the bitcoin price to grow between 20 to 200% per year in the next 20 years. After that, the growth rate will slow.

Hope you will definitely come true if everyone already knows the bitcoin and using bitcoin. But you don't have to worry about against the growth of the bitcoin, because the price will certainly already bitcoin rising 2 x folding of the earlier price after halving or user bitcoin's getting high. Enjoy now and make plans for the future

varusisog

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Quote from: Nimbulan on August 10, 2016, 11:30:12 AM

Quote from: GamingBro on August 09, 2016, 09:31:45 AM

I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

of course bitcoin is a really safe type of money, in my opinion the price of the bitcoin is going to grow a lot in the near future and it is impossible to steal it

I expect the bitcoin price to grow between 20 to 200% per year in the next 20 years. After that, the growth rate will slow.

Nimbulan

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Quote from: GamingBro on August 09, 2016, 09:31:45 AM

I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

of course bitcoin is a really safe type of money, in my opinion the price of the bitcoin is going to grow a lot in the near future and it is impossible to steal it

varusisog

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Quote from: freedomgo on August 10, 2016, 01:13:28 AM

Quote from: Amph on August 10, 2016, 12:58:15 AM

Quote from: Eidheen on August 09, 2016, 01:32:28 PM

Nobody can freeze your bitcoins so yes its safe. Like your wallet.

tell that to those that old btcoin in exchange or vault for coinbase, very few poeple hold them in their wallet

My myself have put my money in a certain exchange site because it gives me an ease to use my bitcoins every time I see a good price to buy, for me there is the risk but I need to take that as it is part of the venture in order to make money from trading.

I put less than 10% of my coins in exchanges. I usually mine the altcoin and sell in exchanges and withdraw.

freedomgo

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Quote from: Amph on August 10, 2016, 12:58:15 AM

Quote from: Eidheen on August 09, 2016, 01:32:28 PM

Nobody can freeze your bitcoins so yes its safe. Like your wallet.

tell that to those that old btcoin in exchange or vault for coinbase, very few poeple hold them in their wallet

My myself have put my money in a certain exchange site because it gives me an ease to use my bitcoins every time I see a good price to buy, for me there is the risk but I need to take that as it is part of the venture in order to make money from trading.

Amph

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Quote from: Eidheen on August 09, 2016, 01:32:28 PM

Nobody can freeze your bitcoins so yes its safe. Like your wallet.

tell that to those that old btcoin in exchange or vault for coinbase, very few poeple hold them in their wallet

blackmachinegun

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Quote from: Nimbulan on August 08, 2016, 06:23:58 PM

Quote from: Lionidas on August 08, 2016, 02:54:37 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

bitcoin is the safest currency to have right now if you are holding it in your hardware wallet or other cold storage, i think that in this way you can safely hold your coins

safest currency? it means it will be safer than fiat? but how bitcoin safest in the world could give a big loss for you? because whenever
the price can go down very sharply? even if you do not do anything on your bitcoin. you may lose in bitcoin as prices go down?

danherbias07

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Quote from: ajun96 on August 09, 2016, 05:44:18 PM

Quote from: fravia on August 08, 2016, 06:35:10 PM

Quote from: AndySt on August 08, 2016, 03:13:02 PM

Quote from: Lionidas on August 08, 2016, 02:54:37 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.

richardsNY

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Quote from: serjent05 on August 09, 2016, 12:25:29 PM

Quote from: richardsNY on August 09, 2016, 08:37:38 AM

Quote from: varusisog on August 09, 2016, 08:10:54 AM

Quote from: goldcoinminer on August 09, 2016, 04:17:33 AM

Quote from: Gilf on August 09, 2016, 12:38:38 AM

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

It is only one exchange site, there are still trusted exchange sites and if I am a client I would always diversify my investment to minimize the loses, we cannot predict the future so it is better to be safe than sorry. If somebody loses a big amount of bitcoin due to the hacking then you cannot blame him if he loses his trust with bitcoin, blame it to a certain exchange site.

It is better to use less than 10% of the bitcoin to trade in exchanges. So if you lose some, it is not the end of the day.

Whether or not the amount you have for trading purposes is low or high, you must withdraw all your coins once you're done trading. Don't leave them on an exchange because you're too lazy to deposit them again. Better safe than sorry.

I agree that you can withdraw stuff that you don't need to store in an exchange like when you are selling your altcoin to bitcoin, you can withdraw your bitcoin gained but the problem is what if you are buying an altcoin? So you will put a buy wall and then what? Withdraw it when you are about to go offline? Of course no, unless you don't want that buy wall to be there anymore.

If you took the time to read my post carefully, then you know what I mean with withdrawing coins when you're done trading. If you have an open buy order, it means that you aren't done trading. So you don't have to withdraw your buy order when you go to sleep or to work.

ajun96

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Quote from: fravia on August 08, 2016, 06:35:10 PM

Quote from: AndySt on August 08, 2016, 03:13:02 PM

Quote from: Lionidas on August 08, 2016, 02:54:37 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

Eidheen

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Nobody can freeze your bitcoins so yes its safe. Like your wallet.

serjent05

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Quote from: richardsNY on August 09, 2016, 08:37:38 AM

Quote from: varusisog on August 09, 2016, 08:10:54 AM

Quote from: goldcoinminer on August 09, 2016, 04:17:33 AM

Quote from: Gilf on August 09, 2016, 12:38:38 AM

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

It is only one exchange site, there are still trusted exchange sites and if I am a client I would always diversify my investment to minimize the loses, we cannot predict the future so it is better to be safe than sorry. If somebody loses a big amount of bitcoin due to the hacking then you cannot blame him if he loses his trust with bitcoin, blame it to a certain exchange site.

It is better to use less than 10% of the bitcoin to trade in exchanges. So if you lose some, it is not the end of the day.

Whether or not the amount you have for trading purposes is low or high, you must withdraw all your coins once you're done trading. Don't leave them on an exchange because you're too lazy to deposit them again. Better safe than sorry.

I agree that you can withdraw stuff that you don't need to store in an exchange like when you are selling your altcoin to bitcoin, you can withdraw your bitcoin gained but the problem is what if you are buying an altcoin? So you will put a buy wall and then what? Withdraw it when you are about to go offline? Of course no, unless you don't want that buy wall to be there anymore.

CoinFoxs

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Quote from: GamingBro on August 09, 2016, 09:31:45 AM

I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

It is not a good option brother because if someone hack your wallet then you will loose all your assets and you have no money with you and no one can help you at that time of trouble. So place some amount in bitcoin wallet through you can do trading if you want to do or buy something if you wanna buy something. Banks are good option then bitcoin wallet because you can claim or blame your bank in case if you loose your money from bank.

GamingBro

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I think yes, because if you are choosing good wallet for storing your money, you have very low chanse to lose your money, and also is much better to use multi wallets.

richardsNY

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Quote from: varusisog on August 09, 2016, 08:10:54 AM

Quote from: goldcoinminer on August 09, 2016, 04:17:33 AM

Quote from: Gilf on August 09, 2016, 12:38:38 AM

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

It is only one exchange site, there are still trusted exchange sites and if I am a client I would always diversify my investment to minimize the loses, we cannot predict the future so it is better to be safe than sorry. If somebody loses a big amount of bitcoin due to the hacking then you cannot blame him if he loses his trust with bitcoin, blame it to a certain exchange site.

It is better to use less than 10% of the bitcoin to trade in exchanges. So if you lose some, it is not the end of the day.

Whether or not the amount you have for trading purposes is low or high, you must withdraw all your coins once you're done trading. Don't leave them on an exchange because you're too lazy to deposit them again. Better safe than sorry.

varusisog

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Activity: 123

Merit: 10

Quote from: goldcoinminer on August 09, 2016, 04:17:33 AM

Quote from: Gilf on August 09, 2016, 12:38:38 AM

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

It is only one exchange site, there are still trusted exchange sites and if I am a client I would always diversify my investment to minimize the loses, we cannot predict the future so it is better to be safe than sorry. If somebody loses a big amount of bitcoin due to the hacking then you cannot blame him if he loses his trust with bitcoin, blame it to a certain exchange site.

It is better to use less than 10% of the bitcoin to trade in exchanges. So if you lose some, it is not the end of the day.

goldcoinminer

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Activity: 952

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Quote from: Gilf on August 09, 2016, 12:38:38 AM

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

It is only one exchange site, there are still trusted exchange sites and if I am a client I would always diversify my investment to minimize the loses, we cannot predict the future so it is better to be safe than sorry. If somebody loses a big amount of bitcoin due to the hacking then you cannot blame him if he loses his trust with bitcoin, blame it to a certain exchange site.

Gilf

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Activity: 274

Merit: 250

Quote from: TGD on August 09, 2016, 12:25:39 AM

Quote from: antonioa on August 08, 2016, 11:40:42 PM

Quote from: Doamader on August 08, 2016, 08:15:16 PM

Sure inside news of bitcoin, like bitfinex, their security issue, had damaged bitcoin for a while, but bitcoin its very strong and powerful, to such problem be able to kill it. I would trust into bitcoin, and i have no doubt that bitcoin will stay for years if not forever.

After what happened with this trade exchanges will need to think about the security of their funds, which are kept in such places in the network. In general, it is not wise to trust their money to those who have already demonstrated their inability. So bitfinex, I think forever lost its rating.

Yes agree it will never be back the trust they made for the people who got victim of hacks and lost big amount of money, but it's a lesson to us that do not full trust any exchanger , and do not put all your money in exchanger.

After administration of the exchanger has announced that after attracting investors will indemnify the victims, many may bite on this trick and stay there, thus exposing themselves to the risk again.

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