Why is Bitcoin in the highest level of trust?

[Shasha80]

I think only people who make money on the internet believe in bitcoin (Some People), the popularity level of Bitcoin increases when big investors enter the Crypto world so that ordinary people who don't know Blockchain also invest in Bitcoin. But I firmly believe that Bitcoin is a valuable asset besides fast transactions, its security is unquestionable and maybe in the future everyone will also feel the benefits of blockchain technology.

It is indeed internet users who are starting to trust Bitcoin, because Bitcoin can be used if there is internet access. Bitcoin is getting more and more
popular after some people who own Bitcoin get profit from Bitcoin. And the peak after big companies and rich people decided to invest in Bitcoin
made the price of Bitcoin more expensive. Finally made many people see Bitcoin as a promising asset, and thanks to promotions by influencers,
Bitcoin is finally getting to be known to many people. That's what finally until now makes Bitcoin's level of trust even higher.

Some did the profit and also many had suffered losses because of their actions. People had come and invested in crypto not only they are in considering the trust level but obviously, they just come for money and a sort of curiosity. And you know what? The majority of these investors will be in a panic once the market showing a decline and they just often sell. This will have to tell us that these people aren't giving such trust in Bitcoin but still in doubt.

In the end it depends on the purpose of investors investing in Bitcoin, if they only focus on making money, what you say is true. Which some investors
do doubt Bitcoin, because investors who have a high level of trust in Bitcoin, it is impossible to panic sell when the Bitcoin price falls. Why do I always
say experience and knowledge do play an important role, because it is proven that investors with good experience and knowledge about the crypto
world will have a much higher level of trust in Bitcoin.

[sherenikaw]

If we invest in coins, we definitely want profit and security, therefore we must choose a trusted coin. The better and more reliable the coin is in the market, the better the opportunity to invest and make a profit. That's why btc has become a trusted coin in the crypto world because apart from being the highest coin, btc's prospects are also the best. Therefore everyone wants btc and is competing to get it because they already know the benefits. But remember that investing in btc must be really careful and smart in analyzing the market so you don't get a loss.

[Mahanton]

I think only people who make money on the internet believe in bitcoin (Some People), the popularity level of Bitcoin increases when big investors enter the Crypto world so that ordinary people who don't know Blockchain also invest in Bitcoin. But I firmly believe that Bitcoin is a valuable asset besides fast transactions, its security is unquestionable and maybe in the future everyone will also feel the benefits of blockchain technology.

It is indeed internet users who are starting to trust Bitcoin, because Bitcoin can be used if there is internet access. Bitcoin is getting more and more
popular after some people who own Bitcoin get profit from Bitcoin. And the peak after big companies and rich people decided to invest in Bitcoin
made the price of Bitcoin more expensive. Finally made many people see Bitcoin as a promising asset, and thanks to promotions by influencers,
Bitcoin is finally getting to be known to many people. That's what finally until now makes Bitcoin's level of trust even higher.

Some did the profit and also many had suffered losses because of their actions. People had come and invested in crypto not only they are in considering the trust level but obviously, they just come for money and a sort of curiosity. And you know what? The majority of these investors will be in a panic once the market showing a decline and they just often sell. This will have to tell us that these people aren't giving such trust in Bitcoin but still in doubt.

In the end it depends on the purpose of investors investing in Bitcoin, if they only focus on making money, what you say is true. Which some investors
do doubt Bitcoin, because investors who have a high level of trust in Bitcoin, it is impossible to panic sell when the Bitcoin price falls. Why do I always
say experience and knowledge do play an important role, because it is proven that investors with good experience and knowledge about the crypto
world will have a much higher level of trust in Bitcoin.

We all share on the same goal which is to make profits even though we do highly support bitcoin into its actual utility but it cant really be avoided that people would really be minding about on how to make profits.
Trust is already gained since this is the king or father of all  crypto which its understandable that it  would really be getting that soo much trust and believers because we had been already in a decade.
Even if its been a bit outdated when it comes to features or functionalities but still people cant really just dump it all over and would be replaced by some altcoins in the market but hey,
we cant really assure since nothing do last forever.

[Shasha80]

It is indeed internet users who are starting to trust Bitcoin, because Bitcoin can be used if there is internet access. Bitcoin is getting more and more
popular after some people who own Bitcoin get profit from Bitcoin. And the peak after big companies and rich people decided to invest in Bitcoin
made the price of Bitcoin more expensive. Finally made many people see Bitcoin as a promising asset, and thanks to promotions by influencers,
Bitcoin is finally getting to be known to many people. That's what finally until now makes Bitcoin's level of trust even higher.

Some did the profit and also many had suffered losses because of their actions. People had come and invested in crypto not only they are in considering the trust level but obviously, they just come for money and a sort of curiosity. And you know what? The majority of these investors will be in a panic once the market showing a decline and they just often sell. This will have to tell us that these people aren't giving such trust in Bitcoin but still in doubt.

In the end it depends on the purpose of investors investing in Bitcoin, if they only focus on making money, what you say is true. Which some investors
do doubt Bitcoin, because investors who have a high level of trust in Bitcoin, it is impossible to panic sell when the Bitcoin price falls. Why do I always
say experience and knowledge do play an important role, because it is proven that investors with good experience and knowledge about the crypto
world will have a much higher level of trust in Bitcoin.

We all share on the same goal which is to make profits even though we do highly support bitcoin into its actual utility but it cant really be avoided that people would really be minding about on how to make profits.
Trust is already gained since this is the king or father of all  crypto which its understandable that it  would really be getting that soo much trust and believers because we had been already in a decade.
Even if its been a bit outdated when it comes to features or functionalities but still people cant really just dump it all over and would be replaced by some altcoins in the market but hey,
we cant really assure since nothing do last forever.

With Bitcoin running for over a decade and Bitcoin has always been the best crypto. It is understandable why Bitcoin has earned such high trust
from the crypto community. Although many altcoins perform better than Bitcoin, but that doesn't change the fact that Bitcoin is still much more
trusted than altcoins. So there is no need to worry if the Bitcoin price falls, because with the high trust of investors, make Bitcoin often recover quickly.

[isaac_clarke22]

~

That is the only drawback actually. Every code is still open for another well-written one. From the whole years that Bitcoin ran, it does not seem to be that the code will be a problem now these days.
It is that some countries are prohibiting their people to use it.

[Gbniman]

To my own view Bitcoin is a standard and Biggest gains scale
The cryptocurrency Bitcoin has value because it holds up very well when it comes to these six characteristics, although its biggest issue is its status as a unit of exchange because most businesses have yet to accept it as payment.

[ultrloa]

To my own view Bitcoin is a standard and Biggest gains scale
The cryptocurrency Bitcoin has value because it holds up very well when it comes to these six characteristics, although its biggest issue is its status as a unit of exchange because most businesses have yet to accept it as payment.

Well for now they are avoiding or forget about the discussion upon acceptance of bitcoin and other alts since there are so many thing chase out to be more better in terms of using the cryptocurrency. maybe banks or business are settle for their left over meals.

Maybe in future once covid will be left out to the system ,once they get fit we can earn more money from it in future.

[hitsnorth]

BTC is pretty safe and reliable indeed. And it's most well-known crypto even within people who doesn't know anything about crypto. Altcoins seems too strange and not trust-worthy and it's true for the most of them.

[worldofcoins]

So imagine, every transaction is posted on a public ledger where the contents cannot be changed since it is being monitored by almost all people who transact using BTC. The reason on why the blockchain technology has the highest level of trust is due to the miners which constantly check every block to validate all the possible contents of such block. So if you attempt to change the contents of one block, another miner would be able to see it and it would verify it accordingly to the genesis block.

That is the reason on why it requires so much power whenever you mine BTCs as it computes and verifies all the block on the blockchain technology.

Exactly and once a transaction has been confirmed a few times on the blockchain then changing or reverting the transaction isn't gonna be possible useless you own 51% of the network, I'm not saying that's not possible but it's rare to happen especially now. In the times of 2009-2011, it would've been much easier for big companies but there wouldn't be any use because bitcoin was not as much popular at that time.

But now there are a massive amount of miners and it's quite hard to pull of 51% attack through their resources.

[TelolettOm]

Actually, I only think about the value of Bitcoin that mostly will be increasing (although sometimes it is also dropping but at last it will recover and back to rise again.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.

[rosebrand]

I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time
Everything else may disappear completely one day. But bitcoin is not.

I totally agree wit h you, in the past bitcoin has proved it's system to being safe and secured, there have never been any case of hack, and also bitcoin has proven it's self to be a successful form of investment in the long run, if we look at what price has done in the long run then we can truly see it's truly as successful form of investment, and also bitcoin is the oldest among all and the mother of all crypto, so this is more reason why bitcoin got the high level of trust.

[RainbowKun]

I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time
Everything else may disappear completely one day. But bitcoin is not.

I totally agree wit h you, in the past bitcoin has proved it's system to being safe and secured, there have never been any case of hack, and also bitcoin has proven it's self to be a successful form of investment in the long run, if we look at what price has done in the long run then we can truly see it's truly as successful form of investment, and also bitcoin is the oldest among all and the mother of all crypto, so this is more reason why bitcoin got the high level of trust.

Yes, Bitcoin is now gaining more and more trust. In the past 12 years, no single force can tamper with the data of the Bitcoin network. No one can crack the private key of Bitcoin, and no one can control the Bitcoin network. Humans’ trust in Bitcoin is getting stronger and stronger, so they are willing to store their wealth in the Bitcoin network.

[Tigerheart3026]

rather btc has brought a great revolution in virtual currency sphere. it has reached the pinnacle of popularity in a very short time, but it has no regulatory body. so what it’s already build highest level of trust. it has been 11 years since its founded it’s  enough time to trust this currency.

if there is no third party involvement, so there is no chance of cheating by third party.

[AicecreaME]

Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack. It also has a limited count in the market circulation, making it have a higher value as time passes. Investors trust Bitcoin so much because they know that bitcoin will never let them down in the future. They know that bitcoin is a safe place to store their funds while they do not need it yet. Hence, a lot are investing in it, making it a very popular coin with the highest level of trust in the whole cryptocurrency community.

[retnoanjani]

Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack.--

Simply put, bitcoin provides proof, not just a promise. after all, the trust gained now goes through a long process. many problems related to regulation etc. but bitcoin is really showing its existence with its ever-increasing price and ever-widening adoption. although it is still a strong warning that bitcoin is an investment with high risk, but more and more people are joining and want to take advantage of financial developments in this modern era.

[Oilacris]

I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time
Everything else may disappear completely one day. But bitcoin is not.

I totally agree wit h you, in the past bitcoin has proved it's system to being safe and secured, there have never been any case of hack, and also bitcoin has proven it's self to be a successful form of investment in the long run, if we look at what price has done in the long run then we can truly see it's truly as successful form of investment, and also bitcoin is the oldest among all and the mother of all crypto, so this is more reason why bitcoin got the high level of trust.

Yes, Bitcoin is now gaining more and more trust. In the past 12 years, no single force can tamper with the data of the Bitcoin network. No one can crack the private key of Bitcoin, and no one can control the Bitcoin network. Humans’ trust in Bitcoin is getting stronger and stronger, so they are willing to store their wealth in the Bitcoin network.

Yeah, its been decade+ on where we have seen on how bitcoin do able to established itself and now its been mainly supported by the community.Yes, its been trusted despite of having lots of coins

which is far way more better than with bitcoin in terms of technicalities or utilities but still the people couldnt forget on how this revolutionary market had began because of this coin.

I cant really blame out people on having the same or shared up the same view and impression towards BTC.

[Marvell1]

Bitcoin has succeeded in ensuring anonymity and allowing transactions without the need for a third party such as Amex, Visa, or a certified bank. This is something no other money can do. By far, bitcoin is the best in terms of scale and convenience. Bitcoin is not subject to inflation, interest rates, its value is determined by the number of Bitcoins in circulation. This further increases the reliability of the bitcoin.

[Semar Mesem]

Actually, I only think about the value of Bitcoin that mostly will be increasing (although sometimes it is also dropping but at last it will recover and back to rise again.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.

Nowadays bitcoin is becoming a very popular and profitable investment, especially when many people are at home so they are looking for various investments online and find bitcoin, the bitcoin community will continue to increase which makes the price more expensive, there is always an opportunity for profit if we immediately buy.

[Qirtov]

I think bitcoin has trust at the highest level compared to other coins because bitcoin itself has been contributing for a long time and has shown its solidity. added bitcoin to be the largest coin and number 1 in the world maybe this also makes it have great trust from some people. transactions using bitcoin are also fairly easy and fast so it's not wrong if people still place their trust in bitcoin.

[Rajamuda]

We know that its history is increasingly recognized by many people that when Bitcoin was still under, it actually managed to achieve increasing popularity from time to time, especially in terms of investment, this is where Bitcoin becomes more trusted.
Anyhow, over time... Bitcoin is like a new thing that is increasingly seen as having a high potential to reach the future. The level of trust continues to increase because Bitcoin has indeed managed to show its best side, which continues to be in demand because this is indeed a very interesting thing to deepen from the past until now until the various benefits that can be obtained from it.