Why we must trust with bitcoin?

[lionheart78]

The network is  well-built and virtually unhackable.  In terms of fluctuations,  bitcoin can disappoint , but things are  getting better and better.

I agree bitcoin network is pretty secured.  Unless it was the exchange that is hacked, there is no recent issue on the blockchain and double spending.  Another thing is that it is  accepted by lots of websites and even a third party processor to pay for your bills using bitcoin.  There is also a bonus where the possibility of getting a profit while holding it for a long time.

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[pinkpanther03]

Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

We should have trust into bitcoin, Why? it is because the edge of bitcoin is very easy and convenient to use to anyone. The advantage of it, is also general to use in any aspect of business, like in money transfer, payment transaction to those business who accepted bitcoin.

[pakitz]

lost of people invested in this cryptocurrency ( bitcoin ).. if ur talking about trust indeed btc is trustworthy.. the blockchain cant be hacked or manipulated by just anyone..

[pinkpanther03]

Bitcoin is still young but its gaining popularity at a moment and many more users are getting into it and we should trust it because it will take over the world as a currency in future.

hopefully yes. but only this is not the reason we should trust on bitcoin. we don't need to trust on future of bitcoin. we have to trust on the exist bitcoin and its features. it is hard to predict about future of bitcoin. no one can say what will happen next.
but right now bitcoin is stable and have good value in the market. thats why I trust bitcoin.

Absolutely your right dude!  the better way to do for is the existing position by now of Bitcoin. No one knows about what will happen tomorrow. It is obviously we must get have more trust into bitcoin right now because the counting of the bitcoin community is increasing together with the investors too.

[MFahad]

lost of people invested in this cryptocurrency ( bitcoin ).. if ur talking about trust indeed btc is trustworthy.. the blockchain cant be hacked or manipulated by just anyone..

Yes, and also bitcoin has spend 7 years and nothing bad things happen with bitcoin, for example, recently Bitfinex has been hacked, and as you said blockchain is safe sound, Also big investors and merchants are doing investment in bitcoin and make profit, thats all are build trust on bitcoin.

[tabas]

lost of people invested in this cryptocurrency ( bitcoin ).. if ur talking about trust indeed btc is trustworthy.. the blockchain cant be hacked or manipulated by just anyone..

Yes, and also bitcoin has spend 7 years and nothing bad things happen with bitcoin, for example, recently Bitfinex has been hacked, and as you said blockchain is safe sound, Also big investors and merchants are doing investment in bitcoin and make profit, thats all are build trust on bitcoin.

Block chain has really one of the toughest security and we don't have to worry about it. It has been proven for a lot of years it was running. And I don't think someone is too selfish that is going to do something bad about the transactions that has been doing by block chain. Unless there is going to be a back job that is going to happen.

[Carmen_Sandiego]

We must trust with Bitcoin because  it is already a relatively stable and  worldwide cryptocurrency , used by a big community and supported  by many marketplaces and  having good potential.

[JumperX]

We must trust with Bitcoin because  it is already a relatively stable and  worldwide cryptocurrency , used by a big community and supported  by many marketplaces and  having good potential.

I don't think that its a stable currency as price is too volatile and bitcoin is still not familiar to many people and even there are not many places where we can spend our bitcoins.

[deisik]

For me there is not too much trust in Bitcoin, its more a calculated investment. The price could change in an instant on bad news and exchanges or wallets can get hacked - definitely not something I would trust. But its also a potentially great way to accumulate money.

It is very bad that you are a SR.member and talking like that, as a SR member have spent 8 months on this forum and in that period a person can get a more better knowledge about any thing, so you should have to learn all the things about bitcoin, you have to know that bitcoin is a currency and at the stage from where bitcoin is passing the same happens due to some factors.

What he's saying is true enough though. I find that a lot Bitcoiners tend to have this diehard attitude where they completely ignore reason and facts. That would be totally fine if they truly lived and breathed Bitcoin but most of these people have regular lives like everybody else and unapologetically use money and banks in their everyday lives. You shouldn't paint Bitcoin as all rosy because it isn't. I'm pretty sure you yourself would be completely distraught if all you could rely on right now was Bitcoin with no money, no bank accounts.

If they truly lived and breathed Bitcoin (as you put it), they wouldn't be such diehards. Look, it is pretty easy to be just that in respect to anything which you don't give much fuck about (subconsciously), if you choose so. If you are right about it, then okay, it would boost your ego somewhat. If your assumptions turn out to be wrong, not a big deal really, since you didn't care a lot about it in the first place...

In other words, all these people can safely stand out as adamant and uncompromising when, in fact, they don't have much (if anything) to lose

[X-ray]

Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

We should have trust into bitcoin, Why? it is because the edge of bitcoin is very easy and convenient to use to anyone. The advantage of it, is also general to use in any aspect of business, like in money transfer, payment transaction to those business who accepted bitcoin.

bitcoin is indeed good for business like money transfer,but about transaction payment,there's so many company still trying to avoid bitcoin due to volatile characteristic so i can't agree with this point,so bitcoin is good for business but not for all aspects

[tygeade]

Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

We should have trust into bitcoin, Why? it is because the edge of bitcoin is very easy and convenient to use to anyone. The advantage of it, is also general to use in any aspect of business, like in money transfer, payment transaction to those business who accepted bitcoin.

bitcoin is indeed good for business like money transfer,but about transaction payment,there's so many company still trying to avoid bitcoin due to volatile characteristic so i can't agree with this point,so bitcoin is good for business but not for all aspects

People will not prefer to use it for buying anything, as there is no scope for spending it offline but even online shopping is creating a problem due to high shipping costs.

[1Referee]

The network is  well-built and virtually unhackable.  In terms of fluctuations,  bitcoin can disappoint , but things are  getting better and better.

Fluctuations/volatility has never disappointed me. Why? Because it allows me to make profit/increase my coin count. If you know how to use the volatility in your advantage, then start trading. If not, then just keep holding and not panic when the prices goes down heavily.

[peta4e]

The network is  well-built and virtually unhackable.  In terms of fluctuations,  bitcoin can disappoint , but things are  getting better and better.

Fluctuations/volatility has never disappointed me. Why? Because it allows me to make profit/increase my coin count. If you know how to use the volatility in your advantage, then start trading. If not, then just keep holding and not panic when the prices goes down heavily.

Exactly, price volatility is not an threat but an opportunity to make quick profits and if you take your actions at the right time then you can earn regular profits from it.

[kryptqnick]

lost of people invested in this cryptocurrency ( bitcoin ).. if ur talking about trust indeed btc is trustworthy.. the blockchain cant be hacked or manipulated by just anyone..

Yes, I agree that bitcoin in unhackable, so in this way it is trustworthy. However, there is a problem with its changes in price. One day bitcoin was less than a dollar, and some time later it cost a thousand. If we consider this huge unstability, we can say that bitcoin is not something we can trust.

[BitMaxz]

lost of people invested in this cryptocurrency ( bitcoin ).. if ur talking about trust indeed btc is trustworthy.. the blockchain cant be hacked or manipulated by just anyone..

Yes, I agree that bitcoin in unhackable, so in this way it is trustworthy. However, there is a problem with its changes in price. One day bitcoin was less than a dollar, and some time later it cost a thousand. If we consider this huge unstability, we can say that bitcoin is not something we can trust.

For now i didnt heard any issue regarding in hacking in blockchain or the bitcoin network..
But we are always heard about exchange sites where hackers are always targetting big time exchange sites.. I think in the deepweb they are talking about hacking in some trading site. i just forgot what website is..
So risk still their no matter secured is bitcoin there other exchange sites can be still monitor and got attack by hackers. so if you are holding a big amount in exchange site better to move it to your secured wallet.. for safety of your funds..

[chixka000]

The network is  well-built and virtually unhackable.  In terms of fluctuations,  bitcoin can disappoint , but things are  getting better and better.

You are only seeing the one side of bitcoin fluctuation because on the other hand this could be beneficial in some people. I sometimes can benifit from it since we cam gaim profit if we trade it on the right time

[drwtsn32]

First of all, bitcoin does not ask us to trust it, but it offers the nice and cool features it has.
It's all up to you if you're going to use it or not. It is just important to know its pros and cons. That's your responsibility as a user.

[WarThunder]

Very strange question about confidence in bitcoin. This is the currency that makes it possible to make good money, but it does not mean that it does not require attention or control. All you need to control yourself and constantly, otherwise you can lose everything. Since bitcoin is not stable, but can not provide a good surprise.

[sukamasoto]

At the first moment, I do not even care about bitcoin but when I see their past value , it's ever reaching $ 1000 / bitcoin which open my eyes to keep follow on bitcoin market. As far as I'm investing bitcoin, it's proven that I can made good profit and become alternate investation just like gold

[serjent05]

First of all, bitcoin does not ask us to trust it, but it offers the nice and cool features it has.
It's all up to you if you're going to use it or not. It is just important to know its pros and cons. That's your responsibility as a user.

Very true but because of its features and coded security, we are attracted to it and then begin to trust it because it is real.  Anything about bitcoin technology and those things bitcoin technical features are very helpful to us who is not much of bank fan.  It is backed  by billion dollar investment by different company, investors and users including us.