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Author Topic: Why we must trust with bitcoin?  (Read 16990 times)
goldcoinminer
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September 22, 2016, 09:29:03 AM
 #421

With regard to the tech,  I don't see a reason to stop  trusting Bitcoin. The only problem I think you  may have, would be with regard to price  instability, but I believe it's  normal for a currency in  its early stages.
There is no problem yet that have come up that bitcoin can be hack, the whole system is great therefore we trust bitcoin, also the market is getting bigger already and we people who are here have already witness that as evidence by the price increase.
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September 22, 2016, 09:46:48 AM
 #422

With regard to the tech,  I don't see a reason to stop  trusting Bitcoin. The only problem I think you  may have, would be with regard to price  instability, but I believe it's  normal for a currency in  its early stages.
the bad side of bitcoin are it's required internet connection to run , can you imagine how bitcoin transaction could be done when internet goes down? the lights go out? this is serious problem , your trust in bitcoin would just useless. it's wasn't always easy to give a full trust in bitcoin in my opinion.

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September 22, 2016, 12:09:43 PM
 #423

Because it is an opportunity income to us. You can earn it in an easy way or in daily life. You can also trade to the other currency to make it grow. Or you can invest to grow your bitcoin. Bitcoin is a matter easy money income if you know how it works. And what is the strategy to earn it faster.
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September 22, 2016, 12:13:03 PM
 #424

Because it is an opportunity income to us. You can earn it in an easy way or in daily life. You can also trade to the other currency to make it grow. Or you can invest to grow your bitcoin. Bitcoin is a matter easy money income if you know how it works. And what is the strategy to earn it faster.

Exactly and you may struggle at initial stage in earning it but after spending some time with it you will surely find various ways to earn it and we must trust it because its a future currency.
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September 22, 2016, 01:21:16 PM
 #425

With regard to the tech,  I don't see a reason to stop  trusting Bitcoin. The only problem I think you  may have, would be with regard to price  instability, but I believe it's  normal for a currency in  its early stages.
the bad side of bitcoin are it's required internet connection to run , can you imagine how bitcoin transaction could be done when internet goes down? the lights go out? this is serious problem , your trust in bitcoin would just useless. it's wasn't always easy to give a full trust in bitcoin in my opinion.
But, in this modern world , power is no more a problem as worldwide almost every country is getting saturation level in power generation. You can have bitcoin wallet in a mobile phone, which is not requiring a continuous power supply. It means only the continuous Internet connection is the requirement. We can trust into bitcoin similar to traditional fiats.
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September 22, 2016, 01:39:54 PM
Last edit: January 24, 2017, 07:24:49 AM by ironm@n
 #426

I do not trust it too much, but enough to have some savings in it.

Anyway, do not trust fiat money much either so...
For now i dont trust bitcoin because this is still not a perfect crypto we can not reverse the payment no protection buyers unlike paypal that anytime they can reverse the payment..
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 22, 2016, 01:43:19 PM
 #427

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.

Yes we have been here for so long now. Actually I didn't imagine that it could go this long. At first I didn't really trusted bitcoin because of what happened from the past where it really went down with its price. But now, it is creating a good future for us.

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September 22, 2016, 05:22:10 PM
 #428

With regard to the tech,  I don't see a reason to stop  trusting Bitcoin. The only problem I think you  may have, would be with regard to price  instability, but I believe it's  normal for a currency in  its early stages.

Besides being new, being unstable for a digital currency is not a bad factor at all because the volatile price of a digital coin makes it unique to be traded on exchanges over internet and every likes earning profits through such coins which grow in bulk that can generate great profits for them.
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September 22, 2016, 05:30:32 PM
 #429

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.

Yes we have been here for so long now. Actually I didn't imagine that it could go this long. At first I didn't really trusted bitcoin because of what happened from the past where it really went down with its price. But now, it is creating a good future for us.

That was the feeling of majority of us at initial stage when we started the journey with bitcoin but over a period of time after spending enough time with it we are well aware about its potential.
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September 22, 2016, 09:02:12 PM
 #430

I would say that we must  trust it because it is a relatively stable  cryptocurrency, and it is  becoming a worldwide currency, used already  by a big community.
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September 26, 2016, 06:41:25 PM
 #431

---will you teach your child how to used bitcoin in future guys?----
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September 26, 2016, 08:24:30 PM
 #432

I think we should trust btc  because it's backed by blockchain technology, which  in turn is backed  by science,  mathematics and cryptography.
of course we can trust bitcoins in my opinion, i think it can also make you profit so it is beneficial for you to have it

 
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September 26, 2016, 11:08:51 PM
 #433

you don't have to trust bitcoin, I'm using it because I pretty sure that is gonna be valuable in the next 10 years
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September 27, 2016, 12:01:38 AM
 #434

I think we should trust btc  because it's backed by blockchain technology, which  in turn is backed  by science,  mathematics and cryptography.
of course we can trust bitcoins in my opinion, i think it can also make you profit so it is beneficial for you to have it

I don't think you can say you "trust" bitcoin, it's not a person to be trusted or not. You can believe in it being successful? But yeah, tho, it doesn't depend on the bitcoin itself.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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September 27, 2016, 03:22:03 AM
 #435

If you are a member in this forum, it is really should that we need to trust in bitcoin. And it is not regrettable for us to use it for anything in online transaction. And can also be use for money transfer, so there's no reason for not believing into it.
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September 27, 2016, 09:42:39 AM
 #436

---will you teach your child how to use bitcoin in future guys?----


I'd say why not? It'll make them open to new technologies.

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September 27, 2016, 09:45:10 AM
 #437

Trust bitcoin because in the past you have seen the amount of money that it raises with. Also trust it cause there is alot of money in bitcoin right now which cant just dissapear into thin air.
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September 27, 2016, 10:25:14 AM
 #438

---will you teach your child how to use bitcoin in future guys?----


I'd say why not? It'll make them open to new technologies.


yeah. Bitcoin maybe the future currency because of it's feature. It is more efficient and reliable to use than fiat money as of now. New generation must be exposed on this kind of technology to improved
the way of living for their future. 


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September 27, 2016, 10:30:12 AM
 #439

Trust bitcoin because in the past you have seen the amount of money that it raises with. Also trust it cause there is alot of money in bitcoin right now which cant just dissapear into thin air.

Exactly, if we have a glance at past we can see easily if how much bitcoin have developed its value in terms of price as well as popularity, just yesterday i have read a post from past where someone created a thread for bitcoin reaching $20, and look at it now.
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September 27, 2016, 10:33:52 AM
 #440

I trust Bitcoin because it gives me total control of my asset instead of trusting someone with my money.

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