So is Bitcoin a SAFE Asset? | Bitcointalksearch.org

Shiroslullaby

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Sorry, as much as I wish it was, I still consider Bitcoin very UNSAFE.
The price changes, and there is no insurance or government backing it.
It will PROBABLY be stable and accepted for a while, but there is no way to know.
So I treat it like a risky investment. I put some money in it and hope for the best but for me its like gambling.

takingthis4

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Quote from: Digitalbitcoin on July 23, 2016, 09:47:52 AM

Bitcoin, Bitcoin itself have highest exchange value in market. As bitcoin is a unit. And this has high market fluctuation rate. If consider for invest I can say Bitcoin is good source to get stake and increase value of investment exponentially.

even though it is a really great way of making money to be honest i think you can also lose a lot with it especially if there is a huge dump in the price

Digitalbitcoin

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Bitcoin, Bitcoin itself have highest exchange value in market. As bitcoin is a unit. And this has high market fluctuation rate. If consider for invest I can say Bitcoin is good source to get stake and increase value of investment exponentially.

Strongkored

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Quote from: romero121 on July 23, 2016, 04:28:20 AM

Bitcoin is an safe asset. Everything should never be converted to bitcoin, because there is no cent percent assurance that you will get only profit. Probably having limited volume of assets in terms of bitcoin is good to make profit.

Yeah i agree with you, unlike fiat money that has gold reserves. Bitcoin is simply digital currency that can be lost at any time. And I think all of the assets even save our savings to bitcoin is a risky thing.
Has a portion of its assets in bitcoin I think a good thing, correct your word. But only use assets that are not really important. For example,dont use the money to pay the debt for investment, because if the money is lost in your investment then it will make your financial mess. Invest that money was missing at any time when you are ready for it and not affect your finances

smho_16

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Bitcoin is a safe asset. Its being used widely in the markets of the hidden internet. If you don't know what hidden internet is just search in google for TOR. I have invested a lot and I buy bitcoin regularly from any source I can find to have a price near or equal to 1:1. I believe bitcoin will continue to be a safe asset which can be useful to anyone holding it in any given time even economic crisis. You cannot go wrong with bitcoin but the only problem is to buy it as low as possible. People who have bought at beginning of year at about 300-350 dollars can make a lot of profit if they sell it now. Holding it maybe a good idea if you can wait longer.

romero121

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Bitcoin is an safe asset. Everything should never be converted to bitcoin, because there is no cent percent assurance that you will get only profit. Probably having limited volume of assets in terms of bitcoin is good to make profit.

rababo

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Quote from: Indrawan77 on July 23, 2016, 12:48:42 AM

I will say bitcoin is still trusted to put your investment, there are no 100 % safe investment in this world every investment has the risk but for bitcoin the risk is quite low
for short term bitcoin is a good investment tool however for long term i still doubt it

Yeah, there's no non-risk investment, every investment has their own risk. And bitcoin has it's own risk, but I think it's quite safe to put as investment, whether for short term or long term.

Indrawan77

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I will say bitcoin is still trusted to put your investment, there are no 100 % safe investment in this world every investment has the risk but for bitcoin the risk is quite low
for short term bitcoin is a good investment tool however for long term i still doubt it

Superbitzz

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Quote from: densuj on July 22, 2016, 10:11:19 PM

Quote from: crairezx20 on July 22, 2016, 12:53:14 PM

Quote from: Cresciuanto on July 22, 2016, 12:11:52 PM

Quote from: PokerFace3 on July 22, 2016, 11:15:31 AM

Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

I think you are wrong i dont trust any people here because i dont know you or everyone here.. someone can be scam.. better to dont trust them

Always use escrow.. if you go first and send bitcoin to unknown or non reputative members here you can be scam and never recover your bitcoins..
Unlike paypal if you deal to some one you can reverse the payment.

It is not about believe to another people in here but it is about Investment in bitcoin, and we must calculate of risk in Investment and not calculate of opinion. Look at the title this thread and look my second posting, please read carefully. Bitcoin is not safe asset the price is always fluctuating.

yes every one has its own openion and thinking but i think in present time as the price is so much stable and not fluctuating a lot. it is just a safe assets. and the other thing is that we have to give support ot bitcoin and only then it will become a safe assets, and will remain stable.

densuj

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Quote from: crairezx20 on July 22, 2016, 12:53:14 PM

Quote from: Cresciuanto on July 22, 2016, 12:11:52 PM

Quote from: PokerFace3 on July 22, 2016, 11:15:31 AM

Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

I think you are wrong i dont trust any people here because i dont know you or everyone here.. someone can be scam.. better to dont trust them

Always use escrow.. if you go first and send bitcoin to unknown or non reputative members here you can be scam and never recover your bitcoins..
Unlike paypal if you deal to some one you can reverse the payment.

It is not about believe to another people in here but it is about Investment in bitcoin, and we must calculate of risk in Investment and not calculate of opinion. Look at the title this thread and look my second posting, please read carefully. Bitcoin is not safe asset the price is always fluctuating.

Cuidler

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Quote from: PokerFace3 on July 22, 2016, 11:15:31 AM

Well it is true that nothing can be considered a safe asset.

Very true. Everything has risks associated, and even though I like Bitcoin and Im holding some of my wealth in Bitcoin, it is very risky asset. The Bitcoin valuation can be pretty much anything in medium term, like few years. Thats why I reccommending everyone to keep only small fraction of their wealth in Bitcoin, and it doesnt matter whether it is long term investment (as it is impossible to predict future price, even roughly) or just wallet used for spending purposes where the Bitcoin valuation can change some days by a lot like +- 25% per day.

zodin

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as up to know i never feel any misunderstanding or any illegal activity about bitcoin so i can say that yes it is so safe to keep ones all assets. bitcoin is growing stronger from time to time and people are investing their assets here.

crairezx20

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Quote from: Cresciuanto on July 22, 2016, 12:11:52 PM

Quote from: PokerFace3 on July 22, 2016, 11:15:31 AM

Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

I think you are wrong i dont trust any people here because i dont know you or everyone here.. someone can be scam.. better to dont trust them

Always use escrow.. if you go first and send bitcoin to unknown or non reputative members here you can be scam and never recover your bitcoins..
Unlike paypal if you deal to some one you can reverse the payment.

Cresciuanto

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Quote from: PokerFace3 on July 22, 2016, 11:15:31 AM

Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

if you want to lead a peaceful life in this world you must have to trust on some people or things. it is not possible to live living having no trust on anyone. so if we talk about bitcoin to me it is a safest assest. because i am using it for a long time and still i have not found even misundderstanding about bitcoin.

PokerFace3

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Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, always there are high risk on it. So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Well it is true that nothing can be considered a safe asset. People can not really predict what may happen !!!
It is the same with cryptos. They are currently a good investment for us . It seems to have a very good prospects.
But we never know if the path may change and people will lode their money !!!!

GreenBits

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Quote from: gentlemand on July 22, 2016, 10:37:01 AM

No. I don't believe that in the slightest. Bitcoin is a speculative plaything and a luxury curio.

If your local currency collapsed and it looked like you weren't going to be able to buy food a la Greece or Venezuela you're going to be scrabbling for dollars or euros, not something that one person in ten thousand on the street has the slightest understanding of.

For more generalised worries I don't believe it's reactive to real world events in any way other than inspiration for a fun pump carried out by the same people every single time.

And anyone who thinks Bitcoin's position at the top of the crypto heap is secured is dangerously naive. It's going to need another 5-10 years before anyone can be sure about anything. In the meantime there's going to be ever more competition.

Amen. I love the ambition on the forum, for the future of btc, but guys around here have very high expectations/hopes. Fiat rules this world, and it takes fiat to survive. In many years, bitcoin may still be around and most likely will have risen in value, but bitcoin is still, after all these years, 'too new'. People invest money in things that are truly safe. Like, I have worked for this money my entire life and will self destruct if I lose it safe.

densuj

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Quote from: Yakamoto on July 22, 2016, 09:51:13 AM

Quote from: shinratensei_ on July 22, 2016, 09:46:14 AM

Quote from: densuj on July 22, 2016, 08:24:57 AM

I don't think bitcoin and another cryptos coins are safe asset because they are place for Investment, So always make Investment with can lost it. Don't care about people's prediction there are not people who know about price of our assets next time.

Yeah, that's right because a having a lot of disadvantages like the price is volatile. and we always see in every place or section, the people is making a big deal with their prediction and really sure about their prediction. keep believing in our self.

Everyone makes a big deal and wants to show they're really really sure that their prediction is accurate because they want to tell everyone that they were right one time in the past and thus everyone should listen to them, regardless of whether or not their prediction was the first to be accurate after a dozen failed predictions. Just assume the market will keep moving, and it should be fine.

Yeah... And many people who make Investment just following opinions (not real news) another people without, management of margin and risk, analysis tecnical (don't understand about weakness of analysis tecnical), rules of entry and exit market, psicology trading. They just think click buy, click sell then become rich people of trading.

gentlemand

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Welt Am Draht

No. I don't believe that in the slightest. Bitcoin is a speculative plaything and a luxury curio.

If your local currency collapsed and it looked like you weren't going to be able to buy food a la Greece or Venezuela you're going to be scrabbling for dollars or euros, not something that one person in ten thousand on the street has the slightest understanding of.

For more generalised worries I don't believe it's reactive to real world events in any way other than inspiration for a fun pump carried out by the same people every single time.

And anyone who thinks Bitcoin's position at the top of the crypto heap is secured is dangerously naive. It's going to need another 5-10 years before anyone can be sure about anything. In the meantime there's going to be ever more competition.

Yutikas_11920

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Quote from: PsursV on July 21, 2016, 03:57:43 PM

to me there is no doubt about this that bitcoin is a safest asset and i like my friends to invest their money if they are interesting to make some money in a very very short period of time.

Agree, that doubt will surely bring ugliness to our success. I also have thoughts and beliefs that bitcoin is an advantage for us in the future and will become a very profitable assets compared to other currencies. It just takes time and that we can wait

zodin

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Quote from: btcdiggingmaster on July 22, 2016, 10:02:24 AM

Yes bitcoin is the safest assest as far as i know, because bitcoin is biggest assest right now in market, many and many people are keep changing their mind and attracting to bitcoins, day by day many countries are including these bitcoin as one of the payment method.BTC

yes that is the reason that we have full trust on bitcoin. and we have put all over investment in bitcoin. i am experiencing it for last few months but i never found anything suspicious in bitcoin.

Topic: So is Bitcoin a SAFE Asset? (Read 3289 times)