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Author Topic: Is Bitcoin trusted to put your real money  (Read 48064 times)
sishendaoye
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March 17, 2016, 03:41:29 PM
 #401

Yes the bitcoin can be trusted to put your money on, I have no doubts about that at all, a lot of people have already done it here.
The only thing you have to keep in mind that even the bitcoin can collapse and because if that there is a chance of losing money.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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KFCBTC
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March 17, 2016, 04:07:31 PM
 #402

Yes and no, it's trusted enough regarding the fact it might stay for a long time and not closing overnight or getting raided and shut down, But in the same way the market is just too volatile for serious investments IMO.
TrueCryptoinere
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March 17, 2016, 04:25:50 PM
 #403

I think bitcoin is trusted as long as there are users accepting it, it will maintain value since the market is what determine the price.
celic95
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March 17, 2016, 04:48:25 PM
 #404

Yes I think it's trusted, how else would you get bitcoins if not for putting some money into it to get some to start? even if you try earning them it would just be a small amount.
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March 17, 2016, 05:00:34 PM
 #405

Yes the bitcoin can be trusted to put your money on, I have no doubts about that at all, a lot of people have already done it here.
The only thing you have to keep in mind that even the bitcoin can collapse and because if that there is a chance of losing money.

I have different opinion since bitcoin still not able to replace fiat for now !
As we can see although bitcoin's value quite stable at $ 400 , doesn't mean it can't be get down. But no matter what will happen, bitcoin may be the best currency on the future as we can see that some place accepting bitcoin
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March 18, 2016, 02:08:53 AM
 #406

Yes I think it's trusted, how else would you get bitcoins if not for putting some money into it to get some to start? even if you try earning them it would just be a small amount.


It is really trusted to put our money in...investors won't open up their shops and accept bitcoin if they don't trust it...exchanges are also a good sign that bitcoin is trusted...
Slowturtleinc
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March 18, 2016, 02:35:01 AM
 #407

Bitcoin can be trusted till I cant and thats the best answer you are going to get.
No one knows what the future is going to be like and there is a lot of jockeying behind the scenes from big companies to take advantage of this technology. If its for empowering bitcoin we will have to wait to see.

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Aamir1
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March 18, 2016, 05:05:54 PM
 #408

I think bitcoin is trusted as long as there are users accepting it, it will maintain value since the market is what determine the price.

Yes actually it should be trusted until there are users in every corner of the world accepting and using it, but it will be even more trusted if shops or markets start accepting it as a payment method.
sishendaoye
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March 18, 2016, 05:32:17 PM
 #409

Yes its trusted to put your real money on it because its has a lot of advantages if you do, think about the profit you can make.
And the fact is also that you can make a lot of profit at the end of this year due to the halving.
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March 18, 2016, 05:51:19 PM
 #410

Yes its trusted to put your real money on it because its has a lot of advantages if you do, think about the profit you can make.
And the fact is also that you can make a lot of profit at the end of this year due to the halving.

Of course it is trusted to put your  real money, as your money is mutiplied every day as the value goes higher and I would keep on investing my money into it until the haling occurs.
jchst
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March 18, 2016, 06:50:16 PM
 #411

Bitcoin on the short and medium term investment looks to have huge potencial and stability to keep its value,soo investing into a solid investement that may bring huge profits on the short and medium period would make it trusted investment.I hadnt said long because its too many time to talk about.
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March 19, 2016, 10:09:21 AM
 #412

I'm not sure but the recent events that happened and the regular price falls make me believe that bitcoin is not ready yet. For a period of time, the network become very congested. If you buy with bitcoin, there will be some delay. So not sure if it's ready.
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March 19, 2016, 10:13:16 AM
 #413

Yes, it is trusted to put your money in bitcoin but the price is untrusted, currently it is increasing and will increase the whole year , but after halving everyone will sell their bitcoin which will drop its price, so be alert, when the time of selling comes.
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March 19, 2016, 10:29:46 AM
 #414

I think it is trusted enough to put some money on it but because of the volatility of the price the investment might lose allot of it's USD value overtime so it's not risky in the part of closing overnight IMO but of losing USD value IMO.
Aamir1
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March 19, 2016, 03:33:36 PM
 #415

I think it is trusted enough to put some money on it but because of the volatility of the price the investment might lose allot of it's USD value overtime so it's not risky in the part of closing overnight IMO but of losing USD value IMO.

I don't think investment will lose any USD if it is done now as the price is predicted to go high after the halving next few months so it will gain even more profit after that.
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March 19, 2016, 03:35:44 PM
 #416

Nope. No one trusts bitcoin.
That's why they cost over $400 each.

I love the ACES dev for giving me my investment back Smiley
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March 19, 2016, 03:43:52 PM
 #417

Yes, it is trusted to put your money in bitcoin but the price is untrusted, currently it is increasing and will increase the whole year , but after halving everyone will sell their bitcoin which will drop its price, so be alert, when the time of selling comes.
Why? Why will the price increase the entire year? Why would people collectively sell their coins after the halving? There's no factor that would make the price increase the entire year. There's nothing that would make it so. The halving also does not dictate an increase in price, either. Sure, the miner reward gets split in half, but that does not affect the overall supply greatly (for a while). It is not going to double the price. That's not how economics works.

You can expect people to dump when the price rises, of course. But I doubt that your predictions will come true.

kuntulu
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March 19, 2016, 05:04:29 PM
 #418

It is trusted enough for me to put a part of my monthly income into it but not everything I own.

Bitcoin worth part of your money but not your whole bank moneys, is because currency exchange and Bitcoin value go up and down all the time..
hkla241
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March 19, 2016, 05:25:01 PM
 #419

Yep i trusted bitcoin for  buying with my real money, because it's same like real money but its digital currency.

Bitcoin itself is more than safe. No doubt about that. But the only thing you have to worry about are the exchanges or services that allow you to buy Bitcoin with your fiat.
eddyubachs
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March 19, 2016, 05:29:21 PM
 #420

I am putting a part of my money into bitcoin on regular basis as an investment for the future, as I feel that it can give me huge returns in future.
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