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Author Topic: Why we must trust with bitcoin?  (Read 17035 times)
co5hike
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September 11, 2016, 10:31:22 AM
 #361

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.

Yes and if its an investment for you then you will surely trust it as without trust you will never put your money in it and I am sure that it will give us best returns in future.
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September 11, 2016, 11:06:00 AM
 #362

I think we can trust bitcoin, nowadays bitcoin is really have known and I know that when bitcoin is always using lots of people it will never make it bankrupt. It will make do other stuffs to make it bigger and make bitcoin become known of all people. I know that there are still people that don’t know about bitcoin but if bitcoin continue what they are doing I know that it will make it larger than ever.
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September 11, 2016, 11:15:47 AM
 #363

I think we can trust bitcoin, nowadays bitcoin is really have known and I know that when bitcoin is always using lots of people it will never make it bankrupt. It will make do other stuffs to make it bigger and make bitcoin become known of all people. I know that there are still people that don’t know about bitcoin but if bitcoin continue what they are doing I know that it will make it larger than ever.

Its good to trust bitcoin but we cannot afford to trust it blindly by putting all our money into it, as no one is clear about its future, and if something goes wrong with it then we may loose all our money.

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September 11, 2016, 11:17:07 AM
 #364

we must trust bitcoin because it is reliable compare to other coins and its proven.

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September 11, 2016, 11:22:42 AM
 #365

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 really should trust Bitcoin, it is because it is a real money where everybody can avail to use it. Neither the different businesses they can adopt or apply it into their business too because bitcoin has a big advantage once they adopt it.
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September 11, 2016, 11:25:34 AM
 #366

Because bitcoin is our future money, we must trust bitcoins
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September 11, 2016, 11:46:18 AM
 #367

I think we can trust bitcoin, nowadays bitcoin is really have known and I know that when bitcoin is always using lots of people it will never make it bankrupt. It will make do other stuffs to make it bigger and make bitcoin become known of all people. I know that there are still people that don’t know about bitcoin but if bitcoin continue what they are doing I know that it will make it larger than ever.

Its good to trust bitcoin but we cannot afford to trust it blindly by putting all our money into it, as no one is clear about its future, and if something goes wrong with it then we may loose all our money.
Sometimes, i things must we trust Bitcoin as the future? I realy don't know much comprehensive working. But I still worries, how if someday bitcoins would be broken? Predator always looking for big, then wanna steal this one. Cause nothings is impossible i guess.
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September 11, 2016, 12:24:12 PM
 #368

I think we can trust bitcoin, nowadays bitcoin is really have known and I know that when bitcoin is always using lots of people it will never make it bankrupt. It will make do other stuffs to make it bigger and make bitcoin become known of all people. I know that there are still people that don’t know about bitcoin but if bitcoin continue what they are doing I know that it will make it larger than ever.

Its good to trust bitcoin but we cannot afford to trust it blindly by putting all our money into it, as no one is clear about its future, and if something goes wrong with it then we may loose all our money.
Sometimes, i things must we trust Bitcoin as the future? I realy don't know much comprehensive working. But I still worries, how if someday bitcoins would be broken? Predator always looking for big, then wanna steal this one. Cause nothings is impossible i guess.
Thieves are everywhere but the system of bitcoin is so safe, only the exchange sites are having an issue of getting hack but in total system is very safe, we do not need to worry of the security if we do all the measure to safeguard our assets(bitcoins) and that is also to keep ourselves abreast on the latest security measures.
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September 12, 2016, 05:55:13 PM
 #369

I think it should be a choice of each. In my opinion, it is a wise decision to trust bitcoin, since it has proved to be a safe form of payment and has been able to function effectively, in a decentralized manner, of course.
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September 12, 2016, 06:19:53 PM
 #370

I think it should be a choice of each. In my opinion, it is a wise decision to trust bitcoin, since it has proved to be a safe form of payment and has been able to function effectively, in a decentralized manner, of course.
Your right but the problem by the other there is no buyer protection that you can reverse the payment once you receive a bad services or wrong product..
Its still not safe maybe our wallet can be safe that it can not hack by others..

Decided to end it with zer0 profit.
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September 12, 2016, 06:25:53 PM
 #371

One could never find such a form of investment which gives such a big profit which is not at all possible with any other form of investment. Better is to have close observation over bitcoin as well other digital currencies for a while. You might be benefited if price variations take place often.

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September 12, 2016, 06:34:19 PM
 #372

We  are trusting bitcoin because of good security and we are already using it to pay or to buy stuffs online.. we can not use bitcoin until now in local but there a prove that brazil has 150 stores are accepting bitcoin locally ..

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September 13, 2016, 12:41:27 AM
 #373

With regard to the technology, I do not see a reason to stop trusting Bitcoin. The only problem I think you may have, would be with regard to price instability, but I think it is normal for a currency in its early stages.
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September 13, 2016, 12:53:25 AM
 #374

With regard to the technology, I do not see a reason to stop trusting Bitcoin. The only problem I think you may have, would be with regard to price instability, but I think it is normal for a currency in its early stages.

People who don't trust bitcoin are only two types, the one that doesn't really have knowledge about bitcoin. And the other one is that they already knew bitcoin but they are hating bitcoin and are not happy for the success that are getting by bitcoin. Upon reading a lot of articles about comments of bitcoin experts we must trust bitcoin in able to adopt it by others too.


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September 13, 2016, 01:03:42 AM
 #375

I think it should be a choice of each. In my opinion, it is a wise decision to trust bitcoin, since it has proved to be a safe form of payment and has been able to function effectively, in a decentralized manner, of course.

Well, it is safe on your side if you are on the receiving end since transaction is only one way, once you receive it, the sender cannot get it back from you, but once you are the sender and you didn't like the thing that you purchase using it, you can never reverse it unless the merchant is kind enough...  Smiley

One could never find such a form of investment which gives such a big profit which is not at all possible with any other form of investment. Better is to have close observation over bitcoin as well other digital currencies for a while. You might be benefited if price variations take place often.

You can profit big if you are keeping an eye on your investment and you are patient and not drinking too much coffee...

With regard to the technology, I do not see a reason to stop trusting Bitcoin. The only problem I think you may have, would be with regard to price instability, but I think it is normal for a currency in its early stages.


True about emerging new currency, but instead of taking it negative, it should be an opportunity...  Smiley
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September 13, 2016, 02:13:10 AM
 #376

We  are trusting bitcoin because of good security and we are already using it to pay or to buy stuffs online.. we can not use bitcoin until now in local but there a prove that brazil has 150 stores are accepting bitcoin locally ..

This is a good indication that bitcoin is good to be trusted because a country already has a lot of stores that do accept bitcoins. And we must really trust bitcoin because the future of it has a good insight as the financial experts already knew about bitcoin too. And as of now the competition is still not tough so if you are going to be the first to be in bitcoin with your friends, then you are going to look genius. Grin

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September 13, 2016, 07:20:34 AM
 #377

I think we should trust Bitcoin because it is backed by blockchain technology, which in turn is backed by science, mathematics and cryptography. Wink
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September 13, 2016, 07:40:31 AM
 #378

Although Bitcoin offers trustless transaction but the trust we put in it comes from the security and control it gives us over our money/asset. As long as the hash power is not diminishing and is not being monopolise, I think the protocol is safe and can be trusted

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September 13, 2016, 12:17:08 PM
 #379

We must trust bitcoin specially if we have investment, we give the trust buy putting our money that bitcoin can not go away brings our money and never been back. We need also to believed that bitcoin will gives wealth to us in the future.
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September 13, 2016, 12:20:51 PM
 #380

We must trust bitcoin specially if we have investment, we give the trust buy putting our money that bitcoin can not go away brings our money and never been back. We need also to believed that bitcoin will gives wealth to us in the future.

Yes we are investing our money in it only because we have full trust in it that it will give us best returns in future and I am sure that it will never disappoint its investors in coming years.
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