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Author Topic: The only safe haven currency is Bitcoin  (Read 1738 times)
Alert31
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July 11, 2019, 03:18:43 PM
 #161

I don't think bitcoin is a safe haven currency because it can steal also by the hackers. Yes you can bring it anywhere you can go as long as there is an internet connection but you can't used it anytime because bitcoin is still not accepted as payment method in all goods and services. Bitcoin is an asset for many people and not just online currency. Many people used it to invest, to gain more profit and to become an alternative source of income.

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July 11, 2019, 05:41:34 PM
 #162

Of course, it is very good to use Bitcoin to make big profits, but nevertheless, it is necessary to take into account the fact that Bitcoin is always at risk.  After all, the fact is that it can constantly be stolen even on trading markets or in your wallet, and its price is too unstable, What can make you not only rich, but also a poor person.
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July 11, 2019, 06:31:00 PM
 #163

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

Yap.that true but not entirely.Because in war you cant ask bitcoin wallet address when you buying goods.Its become useless.But move money out from the war zone bitcoin will be a good option.Yap you are correct about 2nd.Its the people's currency.Bitcoin the currency not controlled by a government or bank.Only people control that.That is the main reason governments hates bitcoin. Yes keep buying this unstoppable.Do a investment that makes profits only.

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July 11, 2019, 08:44:19 PM
 #164

To be honest i agree with your advice, buying Bitcoin was one of the best decisions i’ve ever made and i’d like to see that other people having the exact same feeling. In this market Btc is basically the most reliable thing to me. On the other hand can’t say about so bad things for Alts.

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July 11, 2019, 10:18:14 PM
 #165

Bitcoin is the crpytocurrency that is invested into largely in the crypto industry so investing into it would at a point in time fetch you some profits if you are patient enough you will surely earn some profits on your investment.
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July 11, 2019, 10:35:50 PM
 #166

The ongoing gain in the market dominance itself shows the true value of bitcoin in the market and the rising demand. It is predicted that the dominance level will reach as high as 80% as more funds were getting into bitcoin from the altcoins that have been going valueless without growth. This way bitcoin confirms its state as safe haven.

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July 12, 2019, 01:12:12 PM
 #167

Recovering or tracing stolen or lost BTC could be quite difficult, especially when it’s done without the aid of a specialist. But once you find the right specialist, then there’s a  chance of recovering a huge percentage of your investment back.
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July 12, 2019, 01:41:11 PM
 #168

I think bitcoin is the safest investment in crypto but still there are some coin that also safe example of those coin is the ethereum. Ethereum is also a good coin it is also the most popular coin in crypto that is next to bitcoin and many people had already gain on it. So i think there are a lot of coin that is now really become proven and tested that is safe for investment.
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July 12, 2019, 02:24:51 PM
 #169

for now i would say otherwise why do we have a decentralized blockchain if only btc will be regarded as the only safe heaven currency or only good enough crypto to have, this is decentralized blockchain that other good project should emerge from, but for some reason only btc people are so interested in, other alts are regarded as "shit"  i don't think this is a good example of decentralization. Undecided
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July 12, 2019, 02:52:06 PM
 #170

I'm sorry bro, i think gold is still the best safe heaven in the world, cause every country have this commodity for creating a weapon (for example). Gold can't falling down or be more cheaper than its production cost, about $1k per troy ons, currently gold price hit $1400 per troy ons. For gold holder just have risk about $400, its more lower than bitcoin volatile.

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July 12, 2019, 08:17:52 PM
 #171

Very good advice. But I would add an even tougher condition. Not to pay attention to altcoins. It's pointless and a big waste of time. I'm not little lost on altcoins and only bitcoin help me recover my Deposit.

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July 12, 2019, 10:49:02 PM
 #172

For now I think Yes because considering all its qualities and what it can also do in the crypto market. Bitcoin is safe, reliable and also it is very secured as compared to other cryptocurrencies I have ever met.

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July 12, 2019, 11:02:52 PM
 #173

For now I think Yes because considering all its qualities and what it can also do in the crypto market. Bitcoin is safe, reliable and also it is very secured as compared to other cryptocurrencies I have ever met.
Agreed. I have never known a currency as potential as bitcoin and having bitcoin also means a great asset or property. This is the reason why most people here are still contented if bitcoin has not gained government's adoption because they can still make profits from it as an expensive asset.

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July 13, 2019, 12:37:28 PM
 #174

you can do it if the war just around your place. if it world war, im not sure people think about it. how about if internet broke down, they cant do if no internet.
and thats why government reject to make bitcoin as currency. fluctuative value make bitcoin called property. real currency cant make profit, but btcoin do it

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July 13, 2019, 01:08:30 PM
 #175

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.
Usually, a good crypto trader always have bitcoin at their wallet. Unfortunately, it is hard to buy bitcoin right now because anytime, it may crash. Since we all know that 9K dollars is almost 300% price increased compared last February 2019. Anyway, it is more reliable compared to other altcoins, that is why it is being said that it is the king of all coins.

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July 25, 2019, 11:14:56 PM
 #176

Yeah! I agree with you. Bitcoin is the most safe haven coin in cryptocurrency. It has only the main points why many whales are here. Bitcoin is a simple coin with simple usage. But because of its popularity in the world, we cannot deny the fact that it gains a lot of supporters till now. Many altcoins dream to be the first, but no one ever defeated bitcoin.

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July 25, 2019, 11:15:51 PM
 #177

There ate lots of currencies on the crypto industry now of which some are good than others but I think bitcoin is the safe currency to buy and invest in because its easily accessible and available to buy. Aside that, its also accepted globally as an asset for transaction.

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July 26, 2019, 02:41:11 AM
 #178

Bitcoin is the safest haven currency because it is absolutely yours. You own it. Nobody else has access and power over it except yourself. And when a world war breaks out, your fiat is going to be intercepted at the airport. There's only a maximum allowed. Your gold and silver and other jewelries have to be registered and taxed as well, and there's probably another maximum value. Your Bitcoins, however, are unknown to whoever is screening your belongings.
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July 26, 2019, 05:46:31 AM
 #179

Bitcoin is the existence of wealth, outside of life it is gold, diamonds. It seems that if you participate in illegal activities, the BTC will be your shelter currency. For me, USD is really a refuge currency when the market is not stable. If war happens, it is likely that the value of bitcoin will increase sharply because transnational trade crimes will occur regularly, especially in the sale of weapons.

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July 26, 2019, 09:54:00 AM
 #180

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

Many countries have begun to recognize bitcoin as a digital asset. Bitcoin is difficult to be recognized by the government as a currency because the government certainly does not want the dominance of its currency to be disturbed by bitcoin. I think, recognition as a digital asset is good for bitcoin because it will give investors confidence

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