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Author Topic: Why is Bitcoin in the highest level of trust?  (Read 1939 times)
Wipeout2097
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December 12, 2021, 03:05:16 PM
 #161

Really our community got to get instruction almost BTC moreover government ought to get it the positive highlights of BTC and learn to make strides the economy with the assistance of BTC. I think individuals begin to think that it isn't right and they ought to elude this plot. I accept to select and believe bitcoin as an venture since I need to secure my riches from expansion. In spite of the fact that bitcoin do not have an inherent esteem not at all like gold but as a typical individual who can think consistently, I think bitcoin is much way better than fiat and I will have enormous likelihood to win benefit by holding bitcoin in long run.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 12, 2021, 05:24:01 PM
 #162

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.
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December 13, 2021, 08:15:56 AM
 #163

Why do you even think that bitcoin is trusted? I know many traders who do not trust at all, but simply work for the reason that this is the most famous currency.
And what makes you even think that bitcoin isn't trusted or even reliable? You should put your own opinion, you are just saying that because you know some traders who allegedly do not trust bitcoin at all. You are supposed to put your opinion based on your idea and experiences about bitcoin. Lol
Another anti-bitcoin spotted  Grin

The fact that bitcoin is still standing tall until this very day for the past decade or 12 years, that alone can tell you about bitcoins reliability. Ofcourse it's the most famous currency of all time because there are lots of investors who trusts bitcoin mate.

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December 13, 2021, 08:29:42 AM
 #164

Why do you even think that bitcoin is trusted? I know many traders who do not trust at all, but simply work for the reason that this is the most famous currency.
And what makes you even think that bitcoin isn't trusted or even reliable? You should put your own opinion, you are just saying that because you know some traders who allegedly do not trust bitcoin at all. You are supposed to put your opinion based on your idea and experiences about bitcoin. Lol
Another anti-bitcoin spotted  Grin

The fact that bitcoin is still standing tall until this very day for the past decade or 12 years, that alone can tell you about bitcoins reliability. Ofcourse it's the most famous currency of all time because there are lots of investors who trusts bitcoin mate.
I'm really having a laugh now, I didn't really expect that I can encounter this posts like he/she is just basing others opinion that is why he/she doesn't believe nor trust bitcoin. Well, there's nothing we can do about it because he/she has been brainwashed by other unbelievers of bitcoin. I think that's the biggest disadvantage of it especially the beginners who are new to this industry, instead they want to learn how bitcoin works, they met other experienced people who failed on investing due to lack of patience or other reasons.

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kingangel
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December 13, 2021, 03:18:33 PM
 #165

Bitcoin already have a history and its the first crypto currency in the market as that becomes most popular crypto currency since year 2009,  as the matter of fact It's proven and tested, so i'm not surprised that it's still have a higher level of trust unlike other crypto currency in the market, which is even now TBH that the value itself keep increasing every year, so IMO it will remain at the top of all crypto in the market and no one can take over in it as long as the adoption of bitcoin keep increasing as well.

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December 13, 2021, 03:48:23 PM
 #166

Bitcoin is a decentralized currency that came to stay in the world to improve people knowledge in the community. And many countries has testified about the trust they cherish from bitcoin over some years and it never fail for the purpose it was created. To those countries that made bitcoin legal in their communities have a full trust on bitcoin any day or anytime in the country.
Those countries that still doubted bitcoin are those countries that refused to legalized bitcoin in their environment. Their citizens keep seeing bitcoin as a scamm currency that will not last long in the world. They don't trust bitcoin in any investment because they don't have the any knowledge of how to use bitcoin to improve other things in the community.

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December 13, 2021, 04:20:32 PM
 #167

bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.

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December 14, 2021, 05:14:06 AM
 #168

bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.
Apart from that, the main purpose, which has been – for transaction – has been very much reliable over the years. When it comes to making transactions with bitcoin I don’t think there is anyone that would complain that they were cheated in anyway, because there is no issue that you can have with Bitcoin, except that maybe at the moment the network might become congested and the fees for the transactions would increase and maybe slow down to a certain speed. Whatever transaction you are doing is between you, the sender, and the receiver. So, it is not something that is having any other person in between the both of you. Which is the good part of it.
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December 14, 2021, 07:26:58 AM
 #169

While other cryptocurrencies have yet to prove their "solidity".
I personally prefer Bitcoin as an investment and trust it because I want to protect my assets from inflation. Although Bitcoin has no intrinsic value unlike gold but as a normal person who can think logically, I think Bitcoin is better than Fiat and I have a great potential to make a profit by grabbing Bitcoin
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December 16, 2021, 04:21:20 AM
 #170

Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.
you are right, that bitcoin is famous for its decentralization and is not under anyone's control so that no one regulates it for the benefit of individuals or institutions. bitcoin moves because trading transactions have taken place in real terms and its security so far no one has been able to crack or even intervene. so it is natural that bitcoin until now is having a very high trust and no one is afraid to invest at any time.
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December 16, 2021, 04:27:28 AM
 #171

Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.
you are right, that bitcoin is famous for its decentralization and is not under anyone's control so that no one regulates it for the benefit of individuals or institutions. bitcoin moves because trading transactions have taken place in real terms and its security so far no one has been able to crack or even intervene. so it is natural that bitcoin until now is having a very high trust and no one is afraid to invest at any time.

As you can see, the price continues to fall, which means that many investors/holders are crying because the price is falling. If they truly believed in bitcoin, they would not be crying right now. Instead, they would sit back and do nothing because they are confident that the price will rise. It does not mean that if you have a high level of trust in bitcoin, you will invest right away; you will need to do some research to determine when the best time to invest is.
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December 19, 2021, 01:25:18 AM
 #172

Bitcoin has the highest trust in my opinion the main selling point is because btc is fully decentralized, allowing someone to be financially independent without anyone monopolizing, free from capitalism and harmful rules. Besides that, the value of btc always increases tremendously from year to year, it is enough to prove that btc is indeed worthy of the highest trust.

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December 19, 2021, 04:46:01 AM
 #173

It is undeniable because bitcoin can be profitable for those who use it properly and correctly and provide a sense of security, comfort, fast transactions and also very transparent.
and most liked by many people because bitcoin can be controlled completely by the owner himself without involving any third party or government and is an innovation that has long been expected by everyone for financial freedom, and bitcoin is the first digital currency in the world and successful because it is useful for many people .

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December 19, 2021, 06:42:42 AM
 #174

the reason bitcoin is in the highest place, because bitcoin is trusted and not controlled by any party, bitcoin is also very good for long-term investment, because if we invest bitcoin in the long term we will definitely get double profits, bitcoin is also an asset that most precious..
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December 19, 2021, 05:15:45 PM
 #175

For the longest run, bitcoin was able to build trust from many people and it is very evident as its investors and users grows massively each day. It has a reputation that it was able to protect regardless of all the issues people throw at it and after being the top cryptocurrency from the very beginning, it was able to shut its doubters and haters and made them regret. Bitcoin is incomparable and it is without a doubt the best cryptocurrency ever made with consideration with the lives it was able to change and the success it was able to achieve.

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December 19, 2021, 09:38:32 PM
 #176

Bitcoin isn't just about crypto currency it's way beyond the financial aspect it's more of a technology created to help solve the issues of trust, reliability, transparency and accountability. Bitcoin got lots of investors and trust because even though it doesn't have a third party intermediary it still served it's purpose leaving establishing it's trust on a network that is completely decentralized
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December 20, 2021, 05:40:12 AM
 #177

Well, what gives a lot of confidence is that Bitcoin is the only asset for which it will never disappoint, the behavior and level of the chart that has been running since 2009 is always increasing, and the best thing is that every year every second the trend will always be increasing. As nothing more than observing the S2F model gives the security and confidence that no bank in the world gives, nor the best investment would give the benefits that BTC gives, it is also the only investment that will never suffer a depreciation over time.

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December 22, 2021, 07:03:11 AM
 #178

What is the reason for this trust? 
Is it a belief in technology or that BTC price will rise in the future and bring profit to the owner?

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December 22, 2021, 12:35:40 PM
 #179

maybe at this time bitcoin reached the peak of the highest popularity where we can see bitcoin is an investment that we can say the most as the number 1 biggest investment at this time maybe it can't be separated from the process of the crypto world that runs so transparently and openly so that make miners or beginners want to continue to be in the crypto world or release their assets in the stock market, because we can say that transparency is what attracts beginners

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December 22, 2021, 01:38:33 PM
 #180

why bitcoin is at a high level of trust, I personally think bitcoin is the safest and most trusted asset,
Yeah no shit, bitcoin is the most trustworthy because it is the most trust asset.

Probably the trust comes from being a pioneer of the technology and it was the first of it's kind to work just fine even without the supervision of it's founder. Another reason in connection to the first one is that people would likely trust anyone and anything if they have already proven themselves or itself that they can do what they say they can do.



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