Is Bitcoins safe? - page 26. | Bitcointalksearch.org

virusasog

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Quote from: ASHLIUSZ on August 08, 2016, 09:38:44 AM

Quote from: relq on August 08, 2016, 12:27:09 AM

Quote from: Blackmet on August 07, 2016, 06:51:36 PM

Nope, bitcoin is a currency that always changing and you need to understnad when it will happen and trying to choose the best moment for your operations.

I think the only changing is the price of bitcoin, not the bitcoin itself and for me, bitcoin is really safe and many people using bitcoin too, so don't need to scare about it.

There is ultimately nowhere to find total security and total safety. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole.

The only thing you need is a secured wallet, use blockchain or use any of desktop wallet and bitcoin is a very safe method for payments, plus its also fast. I think near future everyone will use to it like paypal.

randy8777

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Quote from: varusisog on August 08, 2016, 09:34:06 AM

Quote from: Doms on August 08, 2016, 02:09:55 AM

As with anything that can be found online, there is a certain level of risk and chance of losing our bitcoin, much the same way our online accounts including social networking, email, online banking are exposed to potential hacking. Even if we are very careful with our passwords and safe-keeping procedures, if a person is so determined to get into your account, that person will find a way to do it. Especially if it contains a huge amount of valuables like information or bitcoins which is of great value itself.

Security is the most important in the digital currency world. The recent hack in the Bitfinex caused 25% price drop.

that's assuming bitfinex was really hacked, and not the owners running away with people's funds. and if they are really hacked, then they have done a very poor job making sure their exchange security is from the highest levels. that's what people expect from a company holding that many funds from its customers.

ASHLIUSZ

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Quote from: relq on August 08, 2016, 12:27:09 AM

Quote from: Blackmet on August 07, 2016, 06:51:36 PM

Nope, bitcoin is a currency that always changing and you need to understnad when it will happen and trying to choose the best moment for your operations.

I think the only changing is the price of bitcoin, not the bitcoin itself and for me, bitcoin is really safe and many people using bitcoin too, so don't need to scare about it.

There is ultimately nowhere to find total security and total safety. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole.

varusisog

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Quote from: Doms on August 08, 2016, 02:09:55 AM

As with anything that can be found online, there is a certain level of risk and chance of losing our bitcoin, much the same way our online accounts including social networking, email, online banking are exposed to potential hacking. Even if we are very careful with our passwords and safe-keeping procedures, if a person is so determined to get into your account, that person will find a way to do it. Especially if it contains a huge amount of valuables like information or bitcoins which is of great value itself.

Security is the most important in the digital currency world. The recent hack in the Bitfinex caused 25% price drop.

Doms

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As with anything that can be found online, there is a certain level of risk and chance of losing our bitcoin, much the same way our online accounts including social networking, email, online banking are exposed to potential hacking. Even if we are very careful with our passwords and safe-keeping procedures, if a person is so determined to get into your account, that person will find a way to do it. Especially if it contains a huge amount of valuables like information or bitcoins which is of great value itself.

groll

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Quote from: Financial_Genius on November 28, 2015, 12:45:53 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 ?

as long as you won't share you wallet codes, your money are very safe and nobody will ever use them, also bitcoins have huge privacy

Yep, you should be the only one who know your btc wallet address and your bitcoin will be safe. Do not even try to tell it to your boyfriend or girlfriend as they might have idea how much is your wealth. lol. Just keep it to yourself. Always to make sure you logged out and avoid using public wifi and public computer when opening your bitcoin address.

relq

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Quote from: Blackmet on August 07, 2016, 06:51:36 PM

Nope, bitcoin is a currency that always changing and you need to understnad when it will happen and trying to choose the best moment for your operations.

I think the only changing is the price of bitcoin, not the bitcoin itself and for me, bitcoin is really safe and many people using bitcoin too, so don't need to scare about it.

BTC Loading

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Quote from: Financial_Genius on November 28, 2015, 12:45:53 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 ?

Is it safe to keep all of my assets in Bitcoins?

IT MAY BE RISKY

how Department for Combating Economic Crimes, can affect my account?

IF YOUR BITCOIN ARE KEPT IN OFFLINE WALLET (ON A PC THAT IS FULLY SECURED AND ONLY YOU HAVE THE ACCESS TO THE PC) OR HARDWARE WALLET NO ONE WILL HAVE THE ACCESS TO IT EXPECT MAYBE THE GOT YOU PRIVATE KEY (THAT IS WHY MULTI-SIG WALLET IS THE BEST)

What permissions they need , to freeze all my money ?

THE DON'T HAVE ANY PERMISSION TO FREEZE YOUR ACCOUNT AND THE FUNNY THING IS THAT THE CAN NOT FREEZE YOUR ACCOUNT BECAUSE ONLY YOU HAVE YOUR PRIVATE KEY EXCEPT YOU GIVE IT TO THEM(THAT IS THE POWER OF BITCOIN)

THE MAY TRICK YOU TO GIVE THEM OR EVEN TELL YOU THAT THE WILL JAIL YOU FOR LIFE (IF YOU COMMITTED AND OFFENSE)

DOT LISTEN TO THEM TELL THEN THAT I DON'T HAVE THE PRIVATE KEY OR I LOST IT DUE TO SHOKE BECAUSE I HAVE IT ON MY BRAIN NOT ON PAPER OR MY PC

SO IF YOU KEEP THE PRIVATE KEY TO YOURSELF THE BITCOIN CANT MOVE

Natalim

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Of course it is safe because it is decentralized, it is not controlled by anyone so because it is a system operated that the interest of everyone is protected.

betohell

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Quote from: Blackmet on August 07, 2016, 06:51:36 PM

Nope, bitcoin is a currency that always changing and you need to understnad when it will happen and trying to choose the best moment for your operations.

yeah i think for bitcoin still volatile I think investment bitcoin there will always be at risk. so if you want to invest in bitcoin you should know the risks and what you will encounter. so be prepared and stay calm dude Cheesy

Blackmet

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Nope, bitcoin is a currency that always changing and you need to understnad when it will happen and trying to choose the best moment for your operations.

2legit2

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Quote from: varusisog on August 07, 2016, 11:49:27 AM

I do not keep bitcoin in exchanges. After I buy the bitcoin, I withdraw from exchanges instantly. So the bitcoin is safe.

i also dont keep my bitcoins on exchanges, i only use my cold storage wallets in order to hold my bitcoins safely, i hope that it will keep my bitcoins safe

bit1

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Quote from: noone000 on November 29, 2015, 10:59:19 PM

You can't be sure if storing all your assets in Bitcoins is safe. There's always the likelihood of it suddenly plummeting for a random reason. Consider Bitcoin an investment, but also pretty much everything else. The only difference with Bitcoin is its high volatility in comparison to other "safer" alternatives.

If you truly think that Bitcoin is the way to go, do what you will, but you'll find it hard to spend your money without FIAT.

Nothing is 100% safe, for example BTC can be safe but the exchanges not that much, so there much sense of security is lost, and that's just one example.

Doamader

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Each one should take measures to protect their porfolio, being 0,10btc or 10btc thats your coins, bitcoins offer us several ways to protect the coins, soo be smart and save them on the right place, the recent hack just a reminder that security is the only issue that we cant never forget.

macedoniantable

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I would venture to say that they are safe. You just have to know how to store them.
In an offline hardware wallet would be the safest way you could possibly store them for now.
There is a lot of talk about this now since the recent hack of an exchange so those hardware wallets will be flying off the shelves soon. So get one now before they raise the price of them for the increase of demand for them. Embarrassed

varusisog

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I do not keep bitcoin in exchanges. After I buy the bitcoin, I withdraw from exchanges instantly. So the bitcoin is safe.

Ziskinberg

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Quote from: ?? on ??

Quote from: Financial_Genius on November 28, 2015, 12:45:53 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 ?

as long as you won't share you wallet codes, your money are very safe and nobody will ever use them, also bitcoins have huge privacy

Your wallet should be properly secured by you alone and never share some important information if you don't want it to be compromised. The overall ecosystem of bitcoins is safe as it has been for a long years now and still remain stable so we should just and do our responsibility to protect our investment.

WEBcreator

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Quote from: Maesters1- on July 26, 2016, 09:48:24 AM

to me bitcoin is so safe there is no doubt about this.

You should know that everything that is connected to the internet is not safe at all including bitcoin so unless you take a proper measurement in securing your bitcoin then it is not safe at all, that means it will involved you in getting a cold wallet which is quite inconvenient if you are going to use bitcoin for daily usage

skyway1

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Quote from: terman45x on July 21, 2016, 05:07:55 PM

Quote from: HarryKPeters on July 21, 2016, 04:58:43 PM

Quote from: bitcoinisfurture on July 21, 2016, 01:40:28 PM

Firstly it wil depend upon government policy. If they think its safe it will work else it will not be allowed. You can see that many people are using it and that is very good. I hope there will be more people that is going to use it. Its easy and convenient in all form of business as well.

The protocol of bitcoin is safe, if you use the tools given by the developers. Password protect, switch addresses and store it offline.
Doing these things make your wallet better protected then your average bank account.

Yeah and I think saving money in bitcoin is more safe then saving money in banks, as its not easy for anyone to hack your account or steal your coins from your wallet.

Very good point of view and you are right that bitcoin is more safe than saving money in bank and i thing bitcoin wallet is too much safe and anyone can not steal or hack your balance from bitcoin wallet because bitcoin wallet have a strong security .

Maesters1-

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to me bitcoin is so safe there is no doubt about this. and that is the reason that most of the people are now investing their money even their whole investment in bitcon. i have also invested about 75 % of my investment in bitcoin. because i am very confident that bitcoin is so safe to put our all assets here.

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