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Topic: Is Bitcoins safe? - page 8. (Read 90089 times)

legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
September 25, 2016, 09:53:29 AM
Yes now safe yet but we do not know the future will be safe if you do it or not. So while the bitcoin is still safe to use make full  use first as we earn it. The good just do not leave a large amount of bitcoin wallet. And be assured for each income is withdrawn for that you have no worries.
I think what is meant by safe? I think until whenever bitcoin will always fluctuate, which is a risk to the bitcoin is volatile so I think bitcoin will always be at risk. safe or not it depends on the ingenuity of each user to use and take advantage of bitcoin itself?
your statement is right if we are dealing with price because of fluctuation its really still at risk but if dealing with investment and the current status of bitcoin i think more and more adoption are being done making this project to be popular and keeping the system secured.
They system is already secured and we have not heard any problem in the past, the only problem are the users and the big exchange sites who got hack but the system in overall is really secured. For me the issue here is not the system but more on the market of bitcoins if it will be more successful in the future.
hero member
Activity: 2128
Merit: 520
September 25, 2016, 07:27:46 AM
Yes now safe yet but we do not know the future will be safe if you do it or not. So while the bitcoin is still safe to use make full  use first as we earn it. The good just do not leave a large amount of bitcoin wallet. And be assured for each income is withdrawn for that you have no worries.
I think what is meant by safe? I think until whenever bitcoin will always fluctuate, which is a risk to the bitcoin is volatile so I think bitcoin will always be at risk. safe or not it depends on the ingenuity of each user to use and take advantage of bitcoin itself?
your statement is right if we are dealing with price because of fluctuation its really still at risk but if dealing with investment and the current status of bitcoin i think more and more adoption are being done making this project to be popular and keeping the system secured.
sr. member
Activity: 1988
Merit: 322
September 25, 2016, 07:15:09 AM
Yes now safe yet but we do not know the future will be safe if you do it or not. So while the bitcoin is still safe to use make full  use first as we earn it. The good just do not leave a large amount of bitcoin wallet. And be assured for each income is withdrawn for that you have no worries.
I think what is meant by safe? I think until whenever bitcoin will always fluctuate, which is a risk to the bitcoin is volatile so I think bitcoin will always be at risk. safe or not it depends on the ingenuity of each user to use and take advantage of bitcoin itself?
Bitcoin may not safe from fluctuations to give protection for your invested money. But it is highly safe with respect to having your invested money safer. Only the value of your invested money many vary with price levels, but basically bitcoin is more safer against hacking or stealing.
hero member
Activity: 490
Merit: 500
September 25, 2016, 07:10:05 AM
Yes now safe yet but we do not know the future will be safe if you do it or not. So while the bitcoin is still safe to use make full  use first as we earn it. The good just do not leave a large amount of bitcoin wallet. And be assured for each income is withdrawn for that you have no worries.
I think what is meant by safe? I think until whenever bitcoin will always fluctuate, which is a risk to the bitcoin is volatile so I think bitcoin will always be at risk. safe or not it depends on the ingenuity of each user to use and take advantage of bitcoin itself?
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
September 25, 2016, 07:02:49 AM
Keeping all your assets in bitcoin might be your worst idea you'll ever make or the best idea you'll ever make since it is unpredictable. I suggest that you should not invest all of your assets in bitcoin since it is unpredictable, just invest what you can lose. That way you won't be regretting in the near or far future what you have done just in case bitcoin became priceless in the future.

Even if the price seems to be growing in present but it would still not be a wise move to keep all your wealth in bitcoins because as the guy above mentioned that it is unpredictable so anything can happen anytime, better to just invest a small percentage of what you have to stay safe.
definitely right,especially if the wealth was for future purpose,there's no guarantee in crypto you can lose anytime or gaining profit anytime
but i'd reccommend you to save just a half or 1/4 or your wealth in bitcoin,that'll be more wiser
hero member
Activity: 756
Merit: 500
September 25, 2016, 06:50:57 AM
Keeping all your assets in bitcoin might be your worst idea you'll ever make or the best idea you'll ever make since it is unpredictable. I suggest that you should not invest all of your assets in bitcoin since it is unpredictable, just invest what you can lose. That way you won't be regretting in the near or far future what you have done just in case bitcoin became priceless in the future.

Even if the price seems to be growing in present but it would still not be a wise move to keep all your wealth in bitcoins because as the guy above mentioned that it is unpredictable so anything can happen anytime, better to just invest a small percentage of what you have to stay safe.
hero member
Activity: 850
Merit: 504
September 25, 2016, 06:42:43 AM

I doubt bitcoins are better in any country when it comes to safety, of course someone could just steal your credit card or bank account but you at least can do something about it, if someone steals your bitcoins whatever the way they do it you have nothing, no one is gonna help you

This anonymity feature of bitcoin is also has advantages and disadvantages. Thats why, its better to have a backup always. As long as this bitcoin is not related, there is no other way the authority can enter and do something  I think.
hero member
Activity: 1624
Merit: 645
September 25, 2016, 06:13:29 AM
if you put your money in banks then they can just give you a insurance type thing that if they are robbed then government will pay your money and if the bank is non govermental then its lost forever but with bitcoin we do not have to worry about anything because nobody can ever hack it directly until you yourself send your money to robber
But all the countries do not have insurance facilities for having a saving account in banks. Only in some developed countries would give all the protections for a bank account holder. In many countries, comparing to banks, bitcoin must be very much safer for saving wealth.

I doubt bitcoins are better in any country when it comes to safety, of course someone could just steal your credit card or bank account but you at least can do something about it, if someone steals your bitcoins whatever the way they do it you have nothing, no one is gonna help you
hero member
Activity: 630
Merit: 500
September 25, 2016, 04:41:15 AM
Yes now safe yet but we do not know the future will be safe if you do it or not. So while the bitcoin is still safe to use make full  use first as we earn it. The good just do not leave a large amount of bitcoin wallet. And be assured for each income is withdrawn for that you have no worries.
full member
Activity: 216
Merit: 100
September 25, 2016, 04:32:13 AM
if you put your money in banks then they can just give you a insurance type thing that if they are robbed then government will pay your money and if the bank is non govermental then its lost forever but with bitcoin we do not have to worry about anything because nobody can ever hack it directly until you yourself send your money to robber
But all the countries do not have insurance facilities for having a saving account in banks. Only in some developed countries would give all the protections for a bank account holder. In many countries, comparing to banks, bitcoin must be very much safer for saving wealth.
legendary
Activity: 2170
Merit: 1427
September 25, 2016, 04:30:29 AM
if you put your money in banks then they can just give you a insurance type thing that if they are robbed then government will pay your money and if the bank is non govermental then its lost forever but with bitcoin we do not have to worry about anything because nobody can ever hack it directly until you yourself send your money to robber

You holding Bitcoin doesn't mean nothing will happen to your coins. Your coins are as secure as you are making them secure in the way of securing your wallet files with randon characters as password, having a clean PC at all times, etc.
hero member
Activity: 1302
Merit: 540
September 25, 2016, 03:40:47 AM
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 ?
Yes it is bitcoin is super safe to use online but some of exchange website i think noo where you can stock your bitcoin but if that exchange website and hacked you could probably lose everything you got in your exchange wallet bitcoin can helps our economics soon if bitcoin will be accepted world wide.
thats the only threat mate if the site or exchange that you will place all your money/btc will be hacked theres no chance or ways to recover it back. but in such manner bitcoin still safe if you will place it inside your own wallet.
hero member
Activity: 1638
Merit: 505
September 25, 2016, 03:28:51 AM
of course bitcoin discount guaranteed security, I see a variety of conditions that use bitcoin is safe.
one drawback bitcoin is not the number of countries that recognize bitcoin as a legitimate financial payment media.
hero member
Activity: 588
Merit: 500
September 25, 2016, 03:27:24 AM
It actually depends on the website that you're using, your password, and the securities that you put in. You're your own bank in bitcoin so that means you're also the one to blame if that bank gets hacked.

If the website that you're using gets hacked, all of the funds will be taken away by the hacker including your funds.

Your password should be a combination of letters, numbers, and symbols. It'd be much better if the letters aren't all capital letters or small letters, a combination of the two would be harder to bruteforce.

Most Bitcoin wallet sites allows you to enable 2FA, SMS verification and email confirmation. It's up to you if you're going to enable all of them or just one of them.
hero member
Activity: 1372
Merit: 503
September 25, 2016, 03:19:12 AM
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 ?
Yes it is bitcoin is super safe to use online but some of exchange website i think noo where you can stock your bitcoin but if that exchange website and hacked you could probably lose everything you got in your exchange wallet bitcoin can helps our economics soon if bitcoin will be accepted world wide.
hero member
Activity: 560
Merit: 500
September 25, 2016, 02:59:50 AM
Keeping all your assets in bitcoin might be your worst idea you'll ever make or the best idea you'll ever make since it is unpredictable. I suggest that you should not invest all of your assets in bitcoin since it is unpredictable, just invest what you can lose. That way you won't be regretting in the near or far future what you have done just in case bitcoin became priceless in the future.
legendary
Activity: 1274
Merit: 1000
September 25, 2016, 01:46:57 AM
Bitcoin is as safe as the user makes it.
There are many ways to make your coins unsafe.
You can invest in cloudmining, use weak passwords, be careless with transactions, store your coins at exchanges, trade into the wrong currency, and and and...
My point is that the unsafe part of bitcoin always sits in front of the computer.

also don't forget to use 2fa in each of your account, sms verification also a good way to make our wallet safe.
and don't use 3rd wallet for big holding, use full acces wallet like mycellium.
Using 2fa can really prevent you in some situations,it's really helpful and you'd better have it cause otherwise you may lose your coins
member
Activity: 85
Merit: 10
September 25, 2016, 01:37:41 AM
if you put your money in banks then they can just give you a insurance type thing that if they are robbed then government will pay your money and if the bank is non govermental then its lost forever but with bitcoin we do not have to worry about anything because nobody can ever hack it directly until you yourself send your money to robber
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 25, 2016, 01:31:53 AM
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 ?
Bitcoin is safe to put all your asset is not advisable to do that we know bitcoin can drop the price or totaly gone. Maybe invest some then your investment increase you can convert in cash you profit and put in your bank account. Everytime your invest have profit always convert it to protect your money.
Putting all your assets  would not be  a good thing to do, as you said  bitcoins price would  eventually drop its price  in no time  and with that you would be experiencing  disaster  since you risk all your money on bitcoin but  if you have high trust  in bitcoin then  its up to you if you  put all of your assets on bitcoin. You must  take  on the possible outcomes that may happen.
hero member
Activity: 910
Merit: 507
September 24, 2016, 08:30:20 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 ?
Bitcoin is safe to put all your asset is not advisable to do that we know bitcoin can drop the price or totaly gone. Maybe invest some then your investment increase you can convert in cash you profit and put in your bank account. Everytime your invest have profit always convert it to protect your money.
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