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Topic: Is Bitcoins safe? - page 6. (Read 90051 times)

legendary
Activity: 1204
Merit: 1000
October 01, 2016, 02:13:16 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?

I think you first should be safe and use bitcoin in safe environment and not on an infected PC or in any not known web wallet.
If you stay safe then your bitcoin should be safe as well and about the law, I have no info.

well i agree, this should be the first concern regarding using bitcoin.  but bitcoin as it is , network, securities, i feel safe using it.  even the stability of bitcoin today,  there are  lots of people who are using it legally, lots of legal merchants are now into bitcoin.  any unsecure things come from the external factor and not in bitcoin structure.

The only thing that we can not do is to control the price so it depends on and the only non-safe thing is this.
Bitcoin price is unstable so the only unsuitability is this and we are aware of it.
hero member
Activity: 1372
Merit: 503
October 01, 2016, 01:32:21 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
So true bitcoin is very safe even the bitcoin wallet we are using is 100% safe so far and the number bitcoin wallet i use where i actually hols my bitcoins is blockchain this one is the best one bitcoin wallet where you can hold your earnings and it is very easily to use
legendary
Activity: 2842
Merit: 1253
Cashback 15%
October 01, 2016, 01:27:07 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?

I think you first should be safe and use bitcoin in safe environment and not on an infected PC or in any not known web wallet.
If you stay safe then your bitcoin should be safe as well and about the law, I have no info.

well i agree, this should be the first concern regarding using bitcoin.  but bitcoin as it is , network, securities, i feel safe using it.  even the stability of bitcoin today,  there are  lots of people who are using it legally, lots of legal merchants are now into bitcoin.  any unsecure things come from the external factor and not in bitcoin structure.
legendary
Activity: 1204
Merit: 1000
October 01, 2016, 01:03:15 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?

I think you first should be safe and use bitcoin in safe environment and not on an infected PC or in any not known web wallet.
If you stay safe then your bitcoin should be safe as well and about the law, I have no info.
sr. member
Activity: 926
Merit: 256
October 01, 2016, 11:42:23 AM
yups,,
I think it is absolutely safe for your money.
[But you have to save your account Btc and doesn't share your account]
 Wink
legendary
Activity: 1484
Merit: 1004
October 01, 2016, 05:35:34 AM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.

There are 2 ways you can handle this
Cold storage - So that nobody can steal from your wallet
Calculated Risk - Do not invest more than you can afford to lose.
yeah he is feel too insecure in bitcoin
everything has a flaws actually , you just need to cover that flaws
in bitcoin you can have a paper wallet
and if you do really know about bitcoin , it is the safest place to keep your money
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
October 01, 2016, 04:41:41 AM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.

There are 2 ways you can handle this
Cold storage - So that nobody can steal from your wallet
Calculated Risk - Do not invest more than you can afford to lose.

Agree with that,  but maybe hardware storage still fine, so you need to make big mistake  to lose your funds.

To keep your bitcoin safe, any option what give you all the control of the private keys of your bitcoins is fine.

As long as you do not let others control you bitcoin, it is fine to use hardware or the software storage.

Well I dont know why people kept reiterating what I had said in that post. Some people even claiming that converting all assets to bitcoin lol, no fool would do that. The OP asked if bitcoins is safe and I just pointed out that though bitcoin is safe, He himself must work on securing his wallet which can be hacked in many ways. I advice my fellow forum users to please read and understand my post before quoting and replying to it. Thank you.
sr. member
Activity: 819
Merit: 251
October 01, 2016, 02:37:54 AM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.

There are 2 ways you can handle this
Cold storage - So that nobody can steal from your wallet
Calculated Risk - Do not invest more than you can afford to lose.

Agree with that,  but maybe hardware storage still fine, so you need to make big mistake  to lose your funds.

To keep your bitcoin safe, any option what give you all the control of the private keys of your bitcoins is fine.

As long as you do not let others control you bitcoin, it is fine to use hardware or the software storage.
hero member
Activity: 1232
Merit: 669
September 28, 2016, 09:50:09 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.

There are 2 ways you can handle this
Cold storage - So that nobody can steal from your wallet
Calculated Risk - Do not invest more than you can afford to lose.

Agree with that,  but maybe hardware storage still fine, so you need to make big mistake  to lose your funds.

To keep your bitcoin safe, any option what give you all the control of the private keys of your bitcoins is fine.
legendary
Activity: 1232
Merit: 1000
September 28, 2016, 08:41:20 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.

There are 2 ways you can handle this
Cold storage - So that nobody can steal from your wallet
Calculated Risk - Do not invest more than you can afford to lose.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 28, 2016, 10:22:33 AM
Your personal wallet may be safe but you will have to deposit your bitcoins into an exchange or somewhere sometime. Of course banks can be hacked as well but it's rare and you have some safety, most exchanges in the bitcoin community are run by anonymous people with no guarantee of anything, look at btc-e, really big exchange but we dont even know who they are

if you deposit there only to dump like i do no one will still your coin, just dump on exchange and convert in fiat, don't hold money there, but well if they hack the exchange in that exact money that is just being very unlucky lol, i hope it don't happen to me
copper member
Activity: 1722
Merit: 1004
Campaign Management & Translation Service
September 28, 2016, 10:18:15 AM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.

But still it is risky to put all your assets and all your earning here in bitcoin wallet, It is secure but not like the banks and if you loose your money from bank you will get your money back and bank are more safe to put your assets and bitcoin wallet is not safe someone scam you and stole your money from your wallet and no one whom you claim for your money.
hero member
Activity: 1624
Merit: 645
September 28, 2016, 07:29:06 AM
Your personal wallet may be safe but you will have to deposit your bitcoins into an exchange or somewhere sometime. Of course banks can be hacked as well but it's rare and you have some safety, most exchanges in the bitcoin community are run by anonymous people with no guarantee of anything, look at btc-e, really big exchange but we dont even know who they are
legendary
Activity: 1232
Merit: 1029
September 28, 2016, 07:09:50 AM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
I think we can believe in the wallet. this time wallet provides many security features so you do not hesitate to it. and moreover there are several authentication that you can use, I did not make it,
I was a little concerned with the risk of fluctuations that might make you lose


That's the real risk there, the market of bitcoin and its future, as investor that is our main concern and out wallet is just something that we can manage due to some security apps that was available already to increase the security of our online wallet.
Online wallets are primary reason that we need to suspect about the safety of bitcoins. Because, online wallet wallet are highly vulnerable to any hacks. For having bitcoin safer, we must use standalone wallets.

Even with standalone wallet we must have latest and updated anti virus and with wallet we must have very complex password encryption.
hero member
Activity: 952
Merit: 500
September 27, 2016, 09:38:05 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
I think we can believe in the wallet. this time wallet provides many security features so you do not hesitate to it. and moreover there are several authentication that you can use, I did not make it,
I was a little concerned with the risk of fluctuations that might make you lose


That's the real risk there, the market of bitcoin and its future, as investor that is our main concern and out wallet is just something that we can manage due to some security apps that was available already to increase the security of our online wallet.
hero member
Activity: 658
Merit: 500
September 27, 2016, 08:46:37 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
I think we can believe in the wallet. this time wallet provides many security features so you do not hesitate to it. and moreover there are several authentication that you can use, I did not make it,
I was a little concerned with the risk of fluctuations that might make you lose

sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 27, 2016, 07:08:43 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
of course bitcoins are safe right now and i think it will remain like that all the time, i hope it will make me money
hero member
Activity: 532
Merit: 500
September 27, 2016, 06:08:37 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
Lol I think not as easy as you imagine, someone takes identifer, and I think if you go in a different ip system will reject you, so I thought wallet bitcoin is now quite safe, to be safe again you can add 2FA or can be called with authentication, yeah it is used so you get more security
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
September 27, 2016, 04:42:12 PM
You can be sure bitcoin is safe. But the unsafe part is in your hands. Your funds can get stolen very easily. Recommend you check out wallet security measures more precisely and work on getting a hardware wallet. Dont keep more than what you can lose on online wallets.
full member
Activity: 239
Merit: 250
September 27, 2016, 03:58:02 PM
The bitcoin is a very safe currency and you can control it by yourself so that is very safe if you are asking me.
It stays a investment and its risky but its also worth the gamble.
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