Is Bitcoins safe? - page 3. | Bitcointalksearch.org

bitcoinhopper

sr. member

Activity: 336

Merit: 250

Bravity is beautiful.

Quote from: NewInCryptoCurrency on October 14, 2016, 04:33:58 PM

The bitcoin is safe but it stays a investment so keep that in mind when you are investing into it, with other things like safety its safe without any doubt so long you do not store your large amounts into online wallets.

I cannot agree more about that fact, I think that the bitcoin has a great future and that it will also be more safe within years.
Its already very safe but there will be more methods in the upcoming years to store your bitcoin without any doubts.

NewInCryptoCurrency

sr. member

Activity: 326

Merit: 250

The bitcoin is safe but it stays a investment so keep that in mind when you are investing into it, with other things like safety its safe without any doubt so long you do not store your large amounts into online wallets.

Wandering Soul~

sr. member

Activity: 406

Merit: 250

Wolf

As of now, We can say that bitcoin is safe but keeping all your assets in bitcoin is not a great idea. I understand that investing in bitcoin has a lot of potencial for your money to increase but what the safe thing about bitcoin is not absolute, If something bad happens what will you do?

We should always have a plan b, In case Plan A don't work

Doamader

hero member

Activity: 756

Merit: 501

Bitcoin it self has a big security level that the hash from the miners does give to it, sure each person should use and store their bitcoins where they feel safe, but if we do loose bitcoins online from wallets its because we didnt see the signals to jump out, exchanges are risky, the last hacker showed it, but not all exchanges has security problems.

BingoDog

hero member

Activity: 658

Merit: 505

I think Bitcoin is safe enough. Perhaps safer then fiat money in banks unless you keep you coins in cloud wallet or exchangers who could be easily hacked. It is also rather safe as investment despite the volatility of price.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: agustina2 on October 14, 2016, 09:54:49 AM

Quote from: goldcoinminer on October 14, 2016, 07:25:24 AM

There is not freezing of accounts that is going to happen here because in the first place bitcoin is not recognize by the state as a legal tender, so whatever you do with your bitcoin it cannot be trace we are transaction in the blockchain where it is decentralized and no one can control it.

Freeze accounts can happen if people are using exchange site in storing their coins.

If by any means they are using offline wallet or hardware then that you called it somehow "safe".

Account freezing will only take place if you are doing something suspicious on a reputed exchange, or if the exchange ain't a good one, then there is a possible threat to your coins if you are trading on an exchange just seeing higher prices on it... Storing them on any exchange is not recommended because not only freezing is a possibility, but there might also be a hack and that would be the worst scenario from which even recovery ain't possible...

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: goldcoinminer on October 14, 2016, 07:25:24 AM

There is not freezing of accounts that is going to happen here because in the first place bitcoin is not recognize by the state as a legal tender, so whatever you do with your bitcoin it cannot be trace we are transaction in the blockchain where it is decentralized and no one can control it.

Freeze accounts can happen if people are using exchange site in storing their coins.

If by any means they are using offline wallet or hardware then that you called it somehow "safe".

elDano

sr. member

Activity: 256

Merit: 250

Quote from: Hoor on October 14, 2016, 09:04:24 AM

to me bitcoin is really safe and that is the reason that i am investing a lot of my assets in bitcoin, we can also see that more and more people are entering in the world of bitcoin and they are also investing their money here in bitcoin that is making bitcoin more stronger and reliable.

The bitcoin is pretty safe to use and its also a good investment these days, its maybe a sort of risky but for sure worth the gamble!
I think that the bitcoin is very safe and that this will also stay like this.

Hoor

member

Activity: 95

Merit: 10

to me bitcoin is really safe and that is the reason that i am investing a lot of my assets in bitcoin, we can also see that more and more people are entering in the world of bitcoin and they are also investing their money here in bitcoin that is making bitcoin more stronger and reliable.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: davis196 on October 14, 2016, 06:48:44 AM

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 ?

Department of combating economic crimes?Really?

Why are you asking this?Are you a scammer or something?

"What permissions they need"?They don`t need any permissions freeze or block accounts loaded with stolen

funds or money earned from illegal activity.

There is not freezing of accounts that is going to happen here because in the first place bitcoin is not recognize by the state as a legal tender, so whatever you do with your bitcoin it cannot be trace we are transaction in the blockchain where it is decentralized and no one can control it.

davis196

hero member

Activity: 3150

Merit: 937

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 ?

Department of combating economic crimes?Really?

Why are you asking this?Are you a scammer or something?

"What permissions they need"?They don`t need any permissions freeze or block accounts loaded with stolen

funds or money earned from illegal activity.

saiha

hero member

Activity: 840

Merit: 501

Strength in Numbers

Quote from: betohell on October 14, 2016, 05:05:48 AM

Quote from: Xenophoto on October 14, 2016, 04:41:51 AM

It would actually depend on how you set up your account. If your password is the same as your password on other website and one of those other websites gets their passwords leaked, then your account will probably be in danger. Otherwise, everything should be fine. This is basically the same as fiat. If you just leave your fiat in the streets, then it would surely be stolen. But if you make sure that it's safe and secure, then you should face no problem at all.

yeah i think bitcoin security will depend on how you secure your account and your wallet itself, is it you're using a lot of security for your wallet or not. Thats the important thing

Well for me you can't do something when a hacker penetrates to your bitcoin wallet provider so for me the security of bitcoin network is safe.

But the chance of getting penetrated of hackers are going to depend to the bitcoin wallet providers on how their system and security was secured.

Their own website and system needs to improve not bitcoin itself.

betohell

sr. member

Activity: 476

Merit: 250

Quote from: Xenophoto on October 14, 2016, 04:41:51 AM

It would actually depend on how you set up your account. If your password is the same as your password on other website and one of those other websites gets their passwords leaked, then your account will probably be in danger. Otherwise, everything should be fine. This is basically the same as fiat. If you just leave your fiat in the streets, then it would surely be stolen. But if you make sure that it's safe and secure, then you should face no problem at all.

yeah i think bitcoin security will depend on how you secure your account and your wallet itself, is it you're using a lot of security for your wallet or not. Thats the important thing

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: clickerz on October 13, 2016, 11:38:59 PM

Quote from: lionheart78 on October 13, 2016, 10:26:12 PM

Bitcoin code is proven to be safe, the transaction between bitcoins are also safe because it is confirmed by lots of computers. Concerning your bitcoin investment, it has nothing to do with bitcoin codes since it is your decision and other people who exploit other people to gain money by scamming them of their bitcoin.

Agree and it is also the basis for other alt coins. As an addition to safety, I may recommend to really backup your wallet if it is save on your hard disk as based on my experience,when hard disk fails or crash you will lost your wallets.Save the wallet.dat file in other media and put it in a safe place.

i'd agree with backing up wallet in another place for second backup even though it could increase the chance to be copied by another person but for the sake of your money safety,the risk above doesn't matter,really

Xenophoto

hero member

Activity: 826

Merit: 502

It would actually depend on how you set up your account. If your password is the same as your password on other website and one of those other websites gets their passwords leaked, then your account will probably be in danger. Otherwise, everything should be fine. This is basically the same as fiat. If you just leave your fiat in the streets, then it would surely be stolen. But if you make sure that it's safe and secure, then you should face no problem at all.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: boyptc on October 14, 2016, 01:58:20 AM

Quote from: Golftech on October 14, 2016, 12:39:35 AM

Quote from: chineseprancing on October 13, 2016, 11:04:20 PM

I think is not too safe without securities of your money and insurance, but it is good to invest for the risk taker we can get big profit if we invest big amount of money too.

the market moves so well so its safe since many investors are believing on it by now it is just how you will
handle it and take care of your investment but with the flow of bitcoin its safe to invest now.

Many are saying that bitcoin is risky but with its safety for its security we can really say that it is safe. And that is why many investors are trusting bitcoin because they can see that they are able to see to get good profit out of it and they know that their money will be protected and secured if they are going to invest with bitcoin.

Of course, in overall bitcoin is not really safe because we cannot ascertain the future of bitcoin although we are making money now because of the price increase but since we are in the crypto world where government have not recognize and legalize it, that impose a big risk for our future.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Golftech on October 14, 2016, 12:39:35 AM

Quote from: chineseprancing on October 13, 2016, 11:04:20 PM

I think is not too safe without securities of your money and insurance, but it is good to invest for the risk taker we can get big profit if we invest big amount of money too.

the market moves so well so its safe since many investors are believing on it by now it is just how you will
handle it and take care of your investment but with the flow of bitcoin its safe to invest now.

Many are saying that bitcoin is risky but with its safety for its security we can really say that it is safe. And that is why many investors are trusting bitcoin because they can see that they are able to see to get good profit out of it and they know that their money will be protected and secured if they are going to invest with bitcoin.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: chineseprancing on October 13, 2016, 11:04:20 PM

I think is not too safe without securities of your money and insurance, but it is good to invest for the risk taker we can get big profit if we invest big amount of money too.

the market moves so well so its safe since many investors are believing on it by now it is just how you will
handle it and take care of your investment but with the flow of bitcoin its safe to invest now.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: lionheart78 on October 13, 2016, 10:26:12 PM

Bitcoin code is proven to be safe, the transaction between bitcoins are also safe because it is confirmed by lots of computers. Concerning your bitcoin investment, it has nothing to do with bitcoin codes since it is your decision and other people who exploit other people to gain money by scamming them of their bitcoin.

Agree and it is also the basis for other alt coins. As an addition to safety, I may recommend to really backup your wallet if it is save on your hard disk as based on my experience,when hard disk fails or crash you will lost your wallets.Save the wallet.dat file in other media and put it in a safe place.

chineseprancing

hero member

Activity: 630

Merit: 500

I think is not too safe without securities of your money and insurance, but it is good to invest for the risk taker we can get big profit if we invest big amount of money too.

Topic: Is Bitcoins safe? - page 3. (Read 90108 times)