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Author Topic: Top 5 reasons to trust Bitcoin  (Read 4165 times)
benperrin117 (OP)
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April 24, 2017, 01:22:17 PM
 #1

This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.

https://youtu.be/m74t8gBjtcY
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April 24, 2017, 01:27:01 PM
 #2

This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.

https://youtu.be/m74t8gBjtcY

In behalf of the newbies I would like to personally thank you for making a tutorial video made for newbies. Actually there are a lot of videos about bitcoin for newbies out there but I am happy to see another video for newbies. Just like the saying goes the more the merrier, I mean the more videos out there the newbies will have more choices and get more ideas on the web about bitcoin.
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April 24, 2017, 03:26:47 PM
 #3

OP, I would like to suggest that these reasons to trust bitcoin is included in your post in a textual form so that the readers will not have to leave this forum in order to know them. Even just the key words or the main point. And then add the referral link for more elaborated discussion. Though I appreciate your video for it contributes and give more inputs about our knowledge about bitcoin.

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April 25, 2017, 04:59:05 PM
 #4

This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.

https://youtu.be/m74t8gBjtcY

Bitcoin has lasted a few years and even with some problems with exchanges and people saying that bitcoin is dead, it seems to keep coming back. This makes me believe that it will last a long time.
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April 26, 2017, 12:19:57 AM
 #5

This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.

https://youtu.be/m74t8gBjtcY
Any contribution to bitcoin community is great. Thank you for that.
If you explain even to one newbie or one new user what bitcoin is or why to trust it, that is huge win Smiley
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April 26, 2017, 06:22:46 AM
 #6

OP, I would like to suggest that these reasons to trust bitcoin is included in your post in a textual form so that the readers will not have to leave this forum in order to know them. Even just the key words or the main point. And then add the referral link for more elaborated discussion. Though I appreciate your video for it contributes and give more inputs about our knowledge about bitcoin.

Yes, I agree. I send the link to a few newbies and some of them could not access it, because they were firewalled at work. < Youtube was blocked on the proxy server > The other reason might also be that some countries have very limited and expensive bandwidth and videos are not a fitting educational tool for them, because it drains their data.

A short summary of the points in text will help these people. ^smile^

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April 26, 2017, 07:13:31 AM
 #7

Because bitcoin is the most popular and recognize digital currency in the market, and more and more people are using it daily
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April 26, 2017, 09:18:05 AM
 #8

That was a nice idea to make such a video, but I think that we should make some kind of a thread, in which we can share different videos about bitcoin.
It could have been very helpful for newbies, because it is always easier to learn thanks to someone, than doing it on your own.
Also, it is fairly much easier to just watch a video and listen, than browsing through endless topics to find just one thing, right?
That is why we should encourage bitcoin-related Youtubers to make legit videos about blockchain and cryptocurrencies, that may attract more people to our community, help the newbies and obviously it can also make the author profitable.


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April 26, 2017, 10:49:03 AM
 #9

thats a nice video for newbie, but if you can explain the tutorial on your thread thats so helping for newbie to read your tutorial.

#minexcoin.com

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April 26, 2017, 02:05:13 PM
 #10

That was a nice idea to make such a video, but I think that we should make some kind of a thread, in which we can share different videos about bitcoin.
It could have been very helpful for newbies, because it is always easier to learn thanks to someone, than doing it on your own.
Also, it is fairly much easier to just watch a video and listen, than browsing through endless topics to find just one thing, right?
That is why we should encourage bitcoin-related Youtubers to make legit videos about blockchain and cryptocurrencies, that may attract more people to our community, help the newbies and obviously it can also make the author profitable.



Already there are enough videos which are tells about the bitcoin and ways to make bitcoin in the bitcointalk or other places. These kind of videos are promptly provided in the forum to get the videos for it. If his video channel set-up monetization then he simply earn money by your views. I suggest newbies all to check the rise and rise of bitcoins video and mastering bitcoins article, both are good for newbies.
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April 26, 2017, 03:21:39 PM
 #11

Best video to be shown to newbies as well as even to those who criticize Bitcoins without even knowing the power of its transparency and technology that it consists of. The way you showed everyone was just amazing, as this is what everyone needs, some open fresh air that they can explore and listen to you aside as well as understand the aspects of why they should have Bitcoins.
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April 26, 2017, 03:58:58 PM
 #12

Thumbs up on this one. Thanks for the work you put into it. Nice video to convince newbies to join the bitcoin community.

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April 26, 2017, 05:59:38 PM
 #13

i don't have any reason why not to trust bitcoin we've been through years bitcoin is the only one i love and in bitcoin i trust. Where i can help my self to support in my needs. I love the video very nice this could be attract newbie to keep using bitcoin for thier future and will done purposes.

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April 26, 2017, 06:09:36 PM
 #14

To sum this video up. Bitcoin is trustworthy because it is:

1. It is open sourced.
2. Predictable and transparent.
3. Network up-time and resilience.
4. Banks are untrustworthy.
5. Don't trust... verify.

Op, it would be helpful if you would add time stamps with each point listed in the description.
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April 26, 2017, 08:13:52 PM
 #15

This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.

https://youtu.be/m74t8gBjtcY
This is the great video that was ever made for those newbie out there keep trusting bitcoin coz in here we can assured income day by day bitcoin will won't let you down as long as you don't gambling it Bitcoin is really a profitable one.
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April 26, 2017, 11:43:35 PM
 #16

Thanks for the fantastic instructional video.  I learn more about BTC every day.  I trust BTC implicitly.  What I don't trust is human nature.....
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April 27, 2017, 03:42:22 AM
 #17

the only trust is in what makes you don't have to trust others, and bitcoin works good enough
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April 27, 2017, 09:49:45 AM
 #18

Very good video. I think all the reasons are correct. For me however the most important reason why I trust bitcoin is that is backed by the SHA-256 algorithm and if you read through different topics in the technical board you will see that is quite impossible to break this algorithm for many years to come. That is enough for me to trust bitcoin easily. All other reasons I saw in your video just raised even more my trust in it.

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April 27, 2017, 09:55:15 AM
 #19

For me, the most important reason to believe that bitcoin is trustworthy is because I want to. Imo it's all about subjectivity, despite we tend to rationalise that belief.

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April 27, 2017, 12:57:22 PM
 #20

Thanks for the fantastic instructional video.  I learn more about BTC every day.  I trust BTC implicitly.  What I don't trust is human nature.....
That is a good idea, you should never trust people who are offering you anything. For me, that is the rule number one: dont trust anyone, except yourself.
This principle works very well for me at cryptocurrency world, when I pretty much consider every single user as a guy who want to scam me, or at least take a part of my money away thanks to me not being cautious.
But I am smart enough to always secure myself in a different ways, I like to change that in a different fashion to be unpredictable when it comes to security and investments: nobody can take my funds away if I do this correctly.

I also trust in bitcoin implicitly, there is really no reason for not to: but never trust a people involved in crypto's, most likely you will lose something if you are going to do that.

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