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Author Topic: Bitcoin legit or not  (Read 1334 times)
cdog
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October 19, 2020, 12:48:18 AM
 #101

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
What are you talking about?
If this is not legitimate, why are the market transactions reaching $15,712,551,531?
Are they just empty or artificial numbers? If you think so, then banknotes are just symbols with numbers of stupidity.

How could this be illegitimate while the trading volume reached $15,712,551,531? Even in every country, they have heard and are familiar with Bitcoin.
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October 19, 2020, 09:09:18 AM
 #102

of course, bitcoin is legit for transactions, trading and investing.  The government and Trump can't stop the spread of bitcoin, Donald Trump hates bitcoin, so Trump will say it's not legit every time.  So, we better look for positive information about bitcoin, rather than listen to the words of people who hate bitcoin.
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October 19, 2020, 09:56:10 AM
 #103

If you look at the development of Bitcoin over the past 11 years, it looks like Bitcoin is legitimate and don't ever doubt it.
Even the popularity of Bitcoin continues to increase and more and more countries are accepting Bitcoin. And there is no need
for recognition from someone like Donald Trump to be legitimate, because without support of Donald Trump Bitcoin can still
grow until now. So seeing the demand for Bitcoin continues to increase, this is a sign that Bitcoin is good and legit.

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October 20, 2020, 09:23:42 PM
 #104

Bitcoin is very good and legit and is really the most amazing and safest asset to hold. Bitcoin has already been legalized by several countries around the world; They are using Bitcoin as a medium of exchange. so i believe is very good.
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October 20, 2020, 11:11:22 PM
 #105

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
Of course, bitcoin is legit, and if you are talking about security, it's secure till you don't make any mistakes from your side.

USA dollars also are being used by criminals all over the world(where its accessible). No one can stop criminals from using or getting access from anything, but you can control it by proper monitoring and by making strong laws, for that government have their own protection system.

Everything is good till you use it for good purpose, so its depends on you, how do you want to use your USD or bitcoin, for buying drugs or food.
The OP sounds so afraid about bitcoin being a scam when it has been on the internet back when Soulja Boy was still relevant. And no, just because someone uses it for illegal purposes automatically makes it a scam coin. It's legitimate as it gets. You don't need to worry about the coin's legitimacy. That's it.

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October 21, 2020, 02:59:00 AM
 #106

Man this is some funny shit.  The people who know best about whether Bitcoin and or other types of cryptocurrencies are legit tend to be those in the financial field. Analysts, advisors, etc.  As an investment advisor I spent countless years of my life studying for licensing exams where much of it is to train to learn how to spot illegitimate financial products ( I say this over and over on here I feel like which is annoying even to me, but to make my point).  Bitcoin IS legit. Most cryptocurrencies are NOT legit.

Donald Trump is not a financial advisor and he doesn't know a god damn thing about bitcoin or how it works. Plain and simple.

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October 21, 2020, 06:41:52 AM
 #107

First thing that I really wanted to say here is that, why are we here spending our whole time in Crypto world if it isn't? Of course, it is 101% Legit. However, Bitcoins legitimacy and good reputation has been used by many scammers and fraudsters in their wrong doings, that is the main reasons why others are so hesitant in believing and adopting bitcoin because of those  negative things  made by some criminals who only wanted an easy money. But, Bitcoin as a whole is pure and Legit based on the growing individuals that keep on using and trusting it across the globe.
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October 29, 2020, 06:14:32 AM
 #108

Quote
So is bitcoin good or not? 
With what have seen in bitcoin and what I have experienced about BTC show bitcoin is a good one compare to other cryptocurrencies. The gas fees of bitcoin is very low compared to Ethereum which the gas fees is very high that is making some investors switch to bitcoin.
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October 29, 2020, 06:20:37 AM
 #109

Take it or you leave it bitcoin is a legit. People are joining the forum every blessed day show that bitcoin is a good currency that always put smile on people face every day. Many cryptocurrencies are reducing in the market right now but bitcoin is increasing that is making so investors wondering how powerful bitcoin is compare b other cryptocurrencies.
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October 29, 2020, 06:33:39 AM
 #110

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 there is no legit reputation here?then it was You and not Bitcoin lol,Look at your trust page here

https://bitcointalk.org/index.php?action=trust;u=2640926

Obviously you are deserving in trust comparing to what bitcoin has so for me Bitcoin is legit and wont reach more than 10 years now if this is a
scam or other thing can be called by Bitcoin haters.

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October 29, 2020, 07:07:50 AM
 #111

legal bitcoin as a digital investment is not legal for transactions in the real world to buy cars or other goods, only in some developed countries that legalize bitcoin.
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October 29, 2020, 07:11:53 AM
 #112

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
So if someone who have a good reputation would state that Bitcoin isn't legit you would just leave?
You would depend on their statement if you want to continue or leave?
So would Warren statement also count as legit to you?
Warren Buffett blast Bitcoin worthless .

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October 29, 2020, 07:25:01 AM
 #113

There is no doubt that Bitcoin is legit. Personally, I do not believe in fiat money, it is very risky to use fiat money. Central banks in most countries of the world are now bankrupt. At any time they can take people hostage by taking their money. In this case Bitcoin is decentralized and very reliable.

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October 29, 2020, 07:45:13 AM
 #114

As long as you believe on yourself, what ever make you to join this bitcoin talk, And to have interest in bitcoin that is only thing that  can answer Your question, As for me as long as I believe in this group, I get so many information that keeps me going higher, It very simple just believe on what you are doing ok, can you ask yourself this question? If it happens that you have a physical business doing, can you ask if your business is legit? Your answer comes from the first time you decided to engage yourself in bitcoin activities and trading. So it very simple for you to handle on.
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October 29, 2020, 07:49:49 AM
 #115

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

Of course Bitcoin is legit and it doesn't need Trump or any other authority's approval. It's track record speaks for itself. It is being adopted as a reserve currency by reputable companies. We see everyday it is making new all time highs against fiat currencies in places like Brazil, Turkey, Argentina and Venezuela. It is a much safer way to preserve wealth especially in hyperinflationary economies.

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October 29, 2020, 12:14:58 PM
 #116

I've read many comments and responses here and all of them are saying one thing — Bitcoin is legit. I'm no different. I will also say the same thing. For more than three years of being part of this forum and for those years of earning btc here, I didn't experience even a bit of illegitimacy.

Bitcoin, itself, is legit. No approval from anyone is needed for it to be considered one. If there would be instances of fallacy, it's not bitcoin but those promises being told by scammers taking advantage of others. That's where people usually and commonly get the thought of bitcoin not being legit and real. So be careful of those people, not bitcoin.

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October 29, 2020, 12:22:39 PM
 #117

Although Fiat Money is full of risks fiat currency is in circulation all over the world and Fiat is legalized in all countries. But Bitcoin has not yet become legal tender no country's government controls it and many countries do not support it. Although the demand for Bitcoin is high due to decentralized transactions fiat currency is needed. Without fiat currency central banks cannot replace their money. If the demand for Bitcoin increases and it is possible to buy everything with Bitcoin it can get legitimacy but it will take time.
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October 29, 2020, 12:31:06 PM
 #118

As long as you believe on yourself, what ever make you to join this bitcoin talk, And to have interest in bitcoin that is only thing that  can answer Your question, As for me as long as I believe in this group, I get so many information that keeps me going higher, It very simple just believe on what you are doing ok, can you ask yourself this question? If it happens that you have a physical business doing, can you ask if your business is legit? Your answer comes from the first time you decided to engage yourself in bitcoin activities and trading. So it very simple for you to handle on.
Believing on self is really one of the basis if the bitcoin will be legit for you or not because if you don't believe on yourself, you will not be able to use the bitcoin on the right way and you will end up saying that it is not legit. If you believe on yourself and manage to take the risk of having a chance to losing money when you fail to manage it correctly. Being legit of bitcoin to you also depends on who you are believing because if you manage to believe to those who really gives a fact about the bitcoin then it will be legit to you.
Raihan Sakib
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October 29, 2020, 12:33:58 PM
 #119

I've read many comments and responses here and all of them are saying one thing — Bitcoin is legit. I'm no different. I will also say the same thing. For more than three years of being part of this forum and for those years of earning btc here, I didn't experience even a bit of illegitimacy.
#dabbyfinance

Bitcoin, itself, is legit. No approval from anyone is needed for it to be considered one. If there would be instances of fallacy, it's not bitcoin but those promises being told by scammers taking advantage of others. That's where people usually and commonly get the thought of bitcoin not being legit and real. So be careful of those people, not bitcoin.
Alexmagn84
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October 29, 2020, 01:02:16 PM
 #120

There are as of now numerous different points on the gathering clarifying what you asked here. In any case, I'll rehash, Since bitcoin isn't unified and not getting constrained by any administration, It's impractical to have a legislative or government leveled exchange with somebody and report it governmentally genuine or not. All things considered, that is a positive purpose of bitcoin. Something else, bitcoin would not be borderless and accessible in all other the world.

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