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Author Topic: Bitcoin legit or not  (Read 1334 times)
Bitcoin-Rules
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January 29, 2021, 08:07:58 AM
 #161

Yes, of course it's legit. I don't understand why it wouldn't be. A lot of people all over the world are currently using it.
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January 29, 2021, 08:16:44 AM
 #162


I think Bitcoin is legal, its transactions are open and transparent, and transactions can also be conducted online.
Kooerr
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February 04, 2021, 02:33:52 AM
 #163


Bitcoin is legal. Since currency can be electronic, Bitcoin can of course also be currency. Users can then use cryptocurrencies such as Bitcoin to pay directly to merchants.
Leonnuvh
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February 04, 2021, 02:37:05 AM
 #164

Bitcoin is legal. As a decentralized currency, Bitcoin's value is entirely derived from people's confidence in its value.
Zachanty
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February 04, 2021, 02:38:36 AM
 #165


Bitcoin is legal. After a period of continued development, Bitcoin is likely to become the world's currency in the future. It can play the role of electronic gold and become the target of the value of other sovereign currencies. From this perspective, Bitcoin can be used as a means of asset preservation in a future where currency inflation is inevitable.
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February 04, 2021, 03:27:12 AM
 #166

I think bitcoin is legal. It can trade on the internet, and it is safe to keep it in your wallet.
Obito
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February 04, 2021, 07:10:49 AM
 #167

Bitcoin is legal, rational, not a bubble. It’s a good way to protect your property from devaluation
By protecting your property, do you mean your house? your apartment? your land? There is a limit to what bitcoin can do, you have to know that. Bitcoin is not legal per se, it is currently lying in the gray area of things. What do you mean by rational?
maxi786
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February 04, 2021, 12:41:53 PM
 #168

Yes, Bitcoin is simply genuine and secure. There is no way of bitcoin coming to Zero in the future so bitcoin is 100 percent genuine.It can exchange on the web, and it is protected to keep in your wallet.
yohananaomi
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February 04, 2021, 01:30:47 PM
 #169

If bitcoin isn't legitimate now this could've gone out of usage and completely the growth might've been found zero. Here the scenario is different, it has got innovated, and from the very first day its usage and market keep on increasing. If someone is thinking of its legitimacy and staying away from bitcoin, then it is true that they're missing opportunities.
Surprisingly, there are still those who ask this, instead he is on a forum where bitcoin is the king of all coins. I agree with you that if it is not legal now it might not be there and the market cap growth looks deteriorating, but this is just the opposite. if you still think about it, it could include those who will miss an opportunity to achieve profit.

maybe he got information that some countries have not accepted it as a legal and recognized means of payment, but in development there have been many countries that can accept it, even though it may not be a legal medium of exchange, at least there is no prohibition to make other transactions, so bitcoin can be said to be not a problem.

seramania
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February 04, 2021, 01:35:30 PM
 #170

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit
bitcoin is safe for sure, the only obstacle to owning bitcoin is a matter of very fast rising and falling prices. but for security issues bitcoin is very safe.
legal or not? it depends on your country applying the regulations against bitcoin so bitcoin in some countries can become legal or not

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Serious475
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February 04, 2021, 01:56:56 PM
 #171

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit
If bitcoin is not legit then why does this forum is still working? Bitcoin is surely legit and good, I already felt the effects of bitcoin in my life because it makes my financial status better than before. It also helps a lot of people here that can say to you that bitcoin is a good thing to invest in. It maybe not legal on many countries but having a good strategy to make it slide and avoid getting caught, you may earn a lot of money but you also need a lot of skills like having a long patience and skill to read the wave of ups and downs of bitcoin price. We should also socialize with other holder or traders so that we can have an idea how and when to buy and sell bitcoin. Being good of bitcoin depends on how you use it.
blue_nexus15
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February 04, 2021, 02:49:49 PM
 #172

In my opinion, bitcoin is friendly with many countries around the world in terms of legalization of this asset. However, there may still be some disagreement over the sub-classification due diligence properties to create the legal framework. One thing is for sure, the future of the world economy will be blockchain and bitcoin needs to be called for and favors greater acceptance in the world.

matchi2011
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February 04, 2021, 02:56:29 PM
 #173

In my opinion, bitcoin is friendly with many countries around the world in terms of legalization of this asset. However, there may still be some disagreement over the sub-classification due diligence properties to create the legal framework. One thing is for sure, the future of the world economy will be blockchain and bitcoin needs to be called for and favors greater acceptance in the world.


Once acceptance being implemented for sure more legal action will take place, for now there are still places in the world where
Bitcoin is not being legalize.

There are still places that continue to doubt Bitcoin capabilities as legal asset, places who still thinks that Bitcoin is just a bubble,
though currently we are seeing more institutional investors who are embracing changes.

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randegibran
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February 04, 2021, 04:13:57 PM
 #174

Waiting what the first country become legal for bitcoin as payment transaction, I think to make bitcoin keep trusting how service giving by bitcoin when sending fund be faster and not delay, payment by bitcoin how available take lower fees transaction and not any scammer wanna make bitcoin become bad reputation on the public eye, when bitcoin have get positive respond I think easy for bitcoin become legal transaction payment.
Jemzx00
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February 04, 2021, 05:39:26 PM
 #175

If you ask me i tell you bitcoin is not legit in many Countries in the world. actually this Countries dont know the bitcoin and wanna to only make Their own money.so if big and powerful Countries in the world to know bitcoin we can hope this Countries know the bitcoin and all of the world become united,and bitcoin can be legit.
Bitcoin isn't legal to some countries but it doesn't mean that it's illegal. Bitcoin mass adaption and investors makes the bank and fiat currencies fear it due to digitalizing of currency which is already what bitcoin is and other cryptocurrencies.
Bitcoin may lack implementation to local markets and but we can almost see how much it change throughout the years, it might be a slow progress to it but we can it happening day by day. Bitcoin payment is somehow being adapted by some companies which can proof that bitcoin legality.
Also, bitcoin being a decentralized network makes the government loss control to which is the reason why it is illegal to some countries.

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finaleshot2016
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February 04, 2021, 06:07:25 PM
 #176

In my opinion, bitcoin is friendly with many countries around the world in terms of legalization of this asset. However, there may still be some disagreement over the sub-classification due diligence properties to create the legal framework. One thing is for sure, the future of the world economy will be blockchain and bitcoin needs to be called for and favors greater acceptance in the world.

Agree with you, acceptance is the key to the advancement and mass adaptation of the whole world to bitcoin or the whole cryptocurrency.

At first, it won't be easy as we know that some countries are having difficulties adapting cryptocurrency as they can handle it according to their goal.
It's assured that as long as bitcoin exists in this world, they will soon use it and will also take advantage of it.
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February 05, 2021, 01:13:14 AM
 #177

Bitcoin is legit you just need to learn and know the basics of how you will earn from it.  I have many friends that earn from bitcoin, they have many savings just from bitcoin and I can say that their future is secured because they believe in the power and hold.
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February 05, 2021, 01:26:43 AM
 #178

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

Bitcoin is legit. No one controls it after all. Some people say that it's a scam since it's not backed by a reputable entity. I'd say they got it all wrong, since people like you and me are what makes Bitcoin, Bitcoin. In other words, we are the ones who determine the future direction of the currency. Everything is governed by mathematics, cryptography, and algorithms. So yes, Bitcoin is a good, legitimate cryptocurrency that can be used as serious money just like the US Dollar. Don't believe anything that's said in the real world, as most negative comments are spread by Bitcoin haters. Doing your own studies will help you determine whenever Bitcoin is truly legitimate or a sham.

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February 05, 2021, 01:33:19 AM
 #179

Bitcoin is legal and can be used for trading.
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February 05, 2021, 01:33:48 AM
 #180

Bitcoin is legit you just need to learn and know the basics of how you will earn from it.  I have many friends that earn from bitcoin, they have many savings just from bitcoin and I can say that their future is secured because they believe in the power and hold.

This quesrion have been asked many times. Many people always wonder if bitcoin is a legit true or fake one. For me, I can say that bitcoin is definitely a legit one because there are many living proof of it. Personally I have friend that became one of that living proofs. He gained and earned a lot by means of cryptocurrency. Bitcoin is a true good source of income, savings and I am amzae by the idea of saving up for future use and preferences. Securing future is a 1 way of having bitcoin and learn to saving up.
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