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palle11
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September 27, 2018, 01:41:17 PM |
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1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
This number one is very true because it gave me concern at the time I started off with cryptocurrency and I know that, other people too would have been worried about it too but even at that last year, I was able to know how to convert my Btc. The adoption rate is however tremendous because it has made the conversion easier. I think that is very important and one of the factor that has made btc to be accepted. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Moblie_Legend
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September 27, 2018, 01:45:49 PM |
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Recognized or not, the Bitcoin fever is sweeping the world. Cryptocurrency that is decentralized and not regulated or guaranteed by the central authority is widely used for transactions in various countries, including Indonesia. Despite having a number of advantages over "conventional" currencies, Bitcoin is not without risk. There are several threats that lurk users of this virtual money. One of them is related to the issue of Bitcoin storage.
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pinoyden
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September 27, 2018, 01:46:43 PM |
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Safest ? No , i dont think so . bitcoin is a crypto and a crypto is known for being volatile and that means their value can change from time to time . we can loose or win and that is risky because there is no guarantee on how long can bitcoin remains this way .
For some people , they consider bitcoin a safe investment because it is the most popular crypto and it did already existed for 9 years .
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mmo_online_1981
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September 27, 2018, 02:07:47 PM |
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Long-term investment Bitcoin and altcoin are sure to get a profit, but one of many investment options are risky! Should be considered carefully!
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Vicrey
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Activity: 94
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September 27, 2018, 02:15:57 PM |
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all kind of investment has a high risk, not totally safe I mean. so don't considered bitcoin as safest investment but considered is as a possible passive income for long term, because bitcoin had to face ups and downs in price in the future, if you mind those trend you will lost your money but if you endured that and still holding your bitcoin what ever happen, you can earn a good profits at the end of your achievements. again, there is no guarantee that bitcoin is safe for investment,
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eann014
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September 27, 2018, 02:36:41 PM |
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Because bitcoin is the coin with greatest price. Bitcoin is the father of all the coins. Bitcoin went through many tough challenges to survive up to now. There are many people who invest in bitcoin. The bitcoin market is always stable.
Bitcoin is the father of all coins, yes that is right. I cannot say that it will be the safest because if you invest in a high price then for sure you will lose your money or capital if bitcoin price will drop, but the value of bitcoin is still there, for example, you buy .01 BTC then in dollar price it is $65, then after a couple of days or a month your money would just remain $50, so you already lose $15 right? but the BTC amount which is .01 BTC is still there. It depends on you if you still want to keep it and wait for the right time to sell or not. Just know when to invest so you will not lose some of your money. |
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Goldenmoll1988
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September 27, 2018, 02:54:18 PM |
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Because bitcoin, in comparison with other crypto-currencies, has a higher reputation, which has been won for almost 10 years.
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CodyAlfaridzi
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September 27, 2018, 02:57:04 PM |
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Me too. I never lost my trust in Bitcoin. Kinda glad it fell back to $6000 range again because it means more cheap coins for me. I'm not rich or anything so I need time to accumulate Bitcoin. Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment Bitcoin will replace or be the next gold. Mark my words and see it in 20-30 years. One day these crazy atmosphere that we're having right now will be gone. The market will reach equilibrium and there's no other way for Bitcoin but slowly going upward. 2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
What do you mean by 4 million already lost? Source? That's an overestimation I would say. |
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Pasha1234
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September 27, 2018, 02:58:46 PM |
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bitcoindusts
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September 27, 2018, 03:16:05 PM |
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With no intention to discriminate, for a person with a newbie account, you made a lot of sense there.
And i have always pointed out how it feels so sad that many of us had forgotten the innate purpose of bitcoin. And as you said, it is quite understandable after last year's all time high. And truly, greed played a mighty role here. After 2017's 20K phenomenal breakthrough, it feels that 6K is a heart breaker, when in fact, it is not.
I just do hope that people start treating bitcoin again as a system of payment and let the possibility of investment follow suit as we see more global adoption.
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omorfi
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September 27, 2018, 04:19:31 PM |
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In my opinion, When we look at the time spent, labor and the high costs that required to produce a bitcoin, it's very reassuring to invest on bitcoin. Thats why we can hodl it for long times.
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normanz
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September 27, 2018, 04:30:41 PM |
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I think when compared to other coins, bitcoin can be a safe investment, because bitcoin is the strongest and doesn't need to worry about bitcoin losing its value.
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HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM |
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pundit
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September 27, 2018, 04:51:53 PM |
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A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.
This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.
Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment
1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year
Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.
Falling of bitcoin value cannot be considered as its failure, bitcoin is safe investment and it has potential of growth more than of any other investment, bitcoin is widely accepted some many individuals all around the world thus making it a secure currency to invest, limited supply is again one plus point but it all depends on demand, if there is no demand than supply does not have to do anything to its value, if demand is high value increase with time. |
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iamzill
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September 27, 2018, 05:43:12 PM |
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bitcoin is one of the safest coins for investment because we know that bitcoin will still continue to be one of the most popular coins with a very good price increase. so when beginners want to invest I think bitcoin can be the safest choice of any coin.
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killerfrost
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September 27, 2018, 11:11:53 PM |
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Because bitcoin has a firm base. Bitcoin price is always at a high level. Bitcoin went through many tough challenges to survive up to now. Bitcoin is the investor confidence to invest long-term.
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aray80
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September 27, 2018, 11:55:00 PM |
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Possibly What makes investment insecure is that Bitcoin has not been fully adopted en masse in all countries that prohibit bitcoin transactions and keep investors away from the government
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ralle14
Legendary
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Metawin.com
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September 28, 2018, 12:28:12 AM |
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But then I believe that it is not 100% safe or not even the safest. It is still in the digital world wherein a lot are actually in the good go for bitcoin.
It's the safest, when you compare it against the top altcoins none of them came close to the level of Bitcoin. If you're looking to invest in Bitcoin short term wise that's where any investment gets risky. 2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
What do you mean by 4 million already lost? Source? That's an overestimation I would say. Could be an underestimation too since the article is almost a year old. http://fortune.com/2017/11/25/lost-bitcoins/ |
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maulana rifai
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September 28, 2018, 01:15:20 AM |
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Long-term investment Bitcoin and altcoin are sure to get a profit, but one of many investment options are risky! Should be considered carefully!
to avoid losses you can invest in coins that have stable and popular value, investing in the best places provides comfort in the long run because coin value can compete and become higher in value and will provide greater profits. You can start with BTC and ETH coins. |
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Dirk2017
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“Crypto Depository Receipts”
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September 28, 2018, 01:40:27 AM |
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Long-term investment Bitcoin and altcoin are sure to get a profit, but one of many investment options are risky! Should be considered carefully!
Well for me its not the safest but its worth to risk, i can say safe if you hodl bitcoin for long term investment. If you invest and hodl it, or shall we say long term investment you can surely earn profit. Just be patient and keep hodling. |
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Bennix
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September 28, 2018, 01:54:25 AM |
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Bitcoin is a safest investment because it is secure,meaning the blockchain technology behind bitcoin has not been hacked.
The limited supply it has makes it to have more liqudity compare to flat currency.
It will be bigger than internet,especially now all the engineers focus on the blockchain technology behind bitcoin.
Finally,a time will come when every business will be moved to blockchain to the extent that each and every transaction will be done using bitcoin.It happened on gold market ,internet and credit card ,and I know bitcoin will do more.
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