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Author Topic: Is Bitcoin trusted to put your real money  (Read 48066 times)
Kingno.1
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March 27, 2016, 01:51:38 PM
 #541

This is too early to decide this question.
According to me, till July there is no problem with doing so as the price of bitcoin is expected to increase tremendously.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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avw1982
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March 27, 2016, 02:04:15 PM
 #542

to me bitcoin is trusted enough to invest or put my real money.
but it depends on you to judging whether bitcoin is reliable or not.  Grin

keeping your wallet and bitcoin address's private key safe, you money with the bitcoin ecosystem would be more safer. Even bitcoin is still in developing phase, it is highly recommended to invest some little money into bitcoin ecosystem.
RBF
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March 27, 2016, 02:14:33 PM
 #543

Bitcoins are more legit than local currencies (or fiat money).
Fiat money can be printed by the Central Banks, they can be generated from nothing, and you pay the price with inflation.
jkrules
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March 27, 2016, 04:10:51 PM
 #544

Bitcoins are more legit than local currencies (or fiat money).
Fiat money can be printed by the Central Banks, they can be generated from nothing, and you pay the price with inflation.

Bitcoin has exponentially increased in value, and continues to increase in value, especially compared to fiat, minus a few corrected bubbles and manipulations, but Bitcoin is becoming much more stable as more people discover and use it. So you guys can invest it.
Zuminest
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March 27, 2016, 05:05:05 PM
 #545

definitely.. bitcoin is trusted to put our real money... because we were not cheated in anyway in bitcoin... we can make transactions from any person around the  world anywhere at any time.... we can purchase anything from online and more or less all the online websites are accepting bitcoin nowadays...
Grillo
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March 27, 2016, 05:07:45 PM
 #546

Yes, I buy BTC and alts with a % of my salary slip every month.
BellaBitBit
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March 27, 2016, 05:25:35 PM
 #547

Yes it is a trusted place to put your money.  It has been stable for awhile and now rising.  Bitcoin is real money btw  Grin

I love Bitcoin
boopy265420
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March 27, 2016, 06:17:30 PM
 #548

There is no reason to not trust Bitcoin.It has a market cap of over 6 billion fiat money.The adoption and acceptance is increasing everyday.Many multinational companies has adopted or thinking to adopt is as way of payment to reach their customers and expand their operations.
dinda22
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March 27, 2016, 06:27:54 PM
 #549

there is no doubt for me to put money in bitcoin. bitcoin has a good future, you can see more and more users bitcoin.
and also a growing number of other developments.
kmajosa98
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March 27, 2016, 07:40:12 PM
 #550

there is no doubt for me to put money in bitcoin. bitcoin has a good future, you can see more and more users bitcoin.
and also a growing number of other developments.

too risky to invest a lot of real money into the bitcoins due to the high volatility. I would suggest to invest only some percentage of your money into the bitcoins to avoid the risk.
lexuz
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March 27, 2016, 08:10:37 PM
 #551

Yes, I buy BTC and alts with a % of my salary slip every month.
that's good bro, for btc you just need keep them until halving to take a big profit because i'm sure bitcoin will jump high soon.
relq
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March 28, 2016, 05:01:19 AM
 #552

Yes, I buy BTC and alts with a % of my salary slip every month.

That's good though, so it's same like you invest on bitcoin and altcoin by using your salary. I also do that, 1-10% of my salaray i used it for invest on bitcoin every month.
dinda22
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March 28, 2016, 05:41:13 AM
 #553

there is no doubt for me to put money in bitcoin. bitcoin has a good future, you can see more and more users bitcoin.
and also a growing number of other developments.

too risky to invest a lot of real money into the bitcoins due to the high volatility. I would suggest to invest only some percentage of your money into the bitcoins to avoid the risk.

do not worry about it, of course I would not invest it all. I mostly keep it for something unexpected. but this time I believe bitcoin's fine.
delliaerd
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March 28, 2016, 06:04:38 AM
 #554

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

In my opinion, bitcoin can growing up your money even if you buy  bitcoin by your fiat. But all of that depend with few factors which can make bitcoin price increasing such as halving or else.

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3Coins
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March 28, 2016, 07:54:31 AM
 #555

Yes but make sure that you use it wisely Smiley
kenot21
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March 28, 2016, 09:25:29 AM
 #556

I would say yes, Because it has a lot of potential and many people believe in bitcoin. When it comes to your wallet you just need to find a trusted wallet  and keep it secure. Just to inform you that there are lot of ponzis and don't believe whatever they say, most of them are scammers.
romero121
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March 28, 2016, 10:00:51 AM
 #557

I would say yes, Because it has a lot of potential and many people believe in bitcoin. When it comes to your wallet you just need to find a trusted wallet  and keep it secure. Just to inform you that there are lot of ponzis and don't believe whatever they say, most of them are scammers.

As said it has got the potential to grow your real cash, the worst part on putting your real money gets into trouble if caught in the hands of scammers. Everything happens through internet so getting back something lost is really difficult.
ajun96
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March 28, 2016, 11:57:27 AM
 #558

I would say yes, Because it has a lot of potential and many people believe in bitcoin. When it comes to your wallet you just need to find a trusted wallet  and keep it secure. Just to inform you that there are lot of ponzis and don't believe whatever they say, most of them are scammers.
yeah agree all bitcoin users trust and confidence in the bitcoin it risks not on bitcoin but on the external. such as fraud and theft you need a highly secure wallets that are not easily compromised. then you should not be following the Ponzi investment you're just going on deception
knowhow
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March 28, 2016, 02:05:13 PM
 #559

Sure bitcoin has becamed trusted to putt fiat into it ,thats soo easy as the big minners made huge investements at bitcoin,and we keep supporting buying more and more coins ,as speculations are that bitcoin will jump,and we are aproaching the halving.
BeGoods
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March 28, 2016, 02:29:51 PM
 #560

there is no doubt for me to put money in bitcoin. bitcoin has a good future, you can see more and more users bitcoin.
and also a growing number of other developments.

too risky to invest a lot of real money into the bitcoins due to the high volatility. I would suggest to invest only some percentage of your money into the bitcoins to avoid the risk.

do not worry about it, of course I would not invest it all. I mostly keep it for something unexpected. but this time I believe bitcoin's fine.
I think if you really believe bitcoin that bitcoin can survive in the future and you are convinced that bitcoin will continue to evolve and grow then prices rise higher in the future. surely you would dare to take risk it all and use all your money to buy bitcoin. because you believe in the future of bitcoin?
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