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Author Topic: Or am I wrong that Bitcoin remains the safest bet  (Read 729 times)
Asiska02
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June 20, 2026, 01:41:26 AM
 #81

Bitcoin has proven to be the best continuously but people tend to look away and look for other means that will profit them more quickly instead inventing in bitcoin, wait for its maturity to take profit, people lack patient and are after quick success now. Anything built gradually with good intent always has more value and last longer than what was built in anxiousness.

The good thing about bitcoin that still makes it stands out amongst others is the ability of it to still encompasses all, I mean you can always get to invest at anytime and fear not profiting from it. As long as you’ve invested, you’ll benefit from bitcoin overtime because of its nature, the upward trajectory direction that it has always been on is a sustainable and profitable one for all investors.

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June 20, 2026, 02:49:36 AM
 #82

However since its inception bitcoin is one of the reasons many other coins have emerged, so it's not wrong to say that.

In terms of security then bitcoin is much more worth it, in terms of risk bitcoin is also much more comfortable than other coins whose risks are still very large so in this case I think what is decided about bitcoin will still be much better than other coins.  Currently the zcash problem is starting to surface and it is possible that something like this will also happen to other coins but for bitcoin it will be different.

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June 20, 2026, 03:32:43 AM
 #83

Without a doubt, you are not mistaken. Bitcoin remains the only secure cryptocurrency so far that has not suffered a protocol breach or catastrophic vulnerability since its creation in 2009. All altcoins that seemed like strong projects have had vulnerabilities in the long run.

Zcash was the last one, but there were problems and security vulnerabilities in almost every altcoin, including the strongest cryptocurrencies such as Ethereum, Solana, Cardano, BNB, Polkadot, and Avalanche, not to mention those less well-known projects.


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June 20, 2026, 05:15:26 AM
 #84

After the discovery of vulnerabilities in Zcash complex network, it was often compared to the simplicity of Bitcoin design, the reason being that Bitcoin prioritizes the immutability of a simpler, time tested model. It's no wonder why crypto asset users view it as the most secure underlying asset from the risk of protocol errors such as those that occurred with Zcash. However, it is important to emphasize that in the Blockchain world, no network is completely immune to all forms of threats, whether it concerns software updates, sophisticated vulnerabilities, or governance issues, each ecosystem has its own level of risk.
If you consider Bitcoin as a safer option, the argument is often based on its much simpler and more conservative design. This approach has allowed Bitcoin to have a solid track record over the years without any base layer changes that risk breaking the system.

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June 20, 2026, 05:30:07 AM
Merited by yhiaali3 (1)
 #85

Without a doubt, you are not mistaken. Bitcoin remains the only secure cryptocurrency so far that has not suffered a protocol breach or catastrophic vulnerability since its creation in 2009. All altcoins that seemed like strong projects have had vulnerabilities in the long run.

Zcash was the last one, but there were problems and security vulnerabilities in almost every altcoin, including the strongest cryptocurrencies such as Ethereum, Solana, Cardano, BNB, Polkadot, and Avalanche, not to mention those less well-known projects.

Bitcoin is currently the safest crypto, that is true. But it would not be accurate to say that it has never faced any serious security vulnerabilities since its launch in 2009. I already mentioned this earlier in this thread, and you can review it here.
https://decrypt.co/39750/184-billion-bitcoin-anonymous-creator
https://en.bitcoin.it/wiki/Value_overflow_incident

However, since then, it has never faced any other serious security vulnerabilities. Unlike altcoins, which constantly face new vulnerabilities and attacks year after year.

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June 20, 2026, 09:21:04 AM
 #86

It's heartbreaking that such vulnerability can be found in something like Zcash, after many years since launch, it seems like years after years a new reason why Bitcoin seems like the only safe place keeps popping up.

No Blockchain is safe from vulnerability it seems.
Sorry to all those who trusted and rely more on Zcash.

Bitcoin just feel more like the best bet after all.
The vast differences between the two are both valuable, but Bitcoin's system is better than Zcash's. Zcash was created as a fork of the Bitcoin network to fix the privacy gaps in the original Bitcoin. However, vulnerabilities remain, and Zcash continues to emerge with technological developments every year, in the form of bugs in the Orchard circuit. Is Orchard a problem in the Zcash system's vulnerability, or are there other factors behind it?

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June 20, 2026, 10:40:09 AM
 #87

Bitcoin just feel more like the best bet after all.
It is.
We don't have to be too wary with what's happening with other projects.
Bitcoin is stable, has a stable network and has a community that's built not only by hype but by its reputation and the attributes it has got.
For the past several years, it's seen to be a strong and good asset that can withstand a lot of challenges that a lot of altcoin projects never withstood.

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June 20, 2026, 11:33:53 AM
 #88

I don't think bitcoin is a bet, much less a safe one. Bitcoin is an investment like any other; it has its risks, but it also has its advantages. Since its creation, it has proven to be a profitable and valuable investment. We just can't say for sure whether it will continue to be or not.

We cannot be sure because it is the future and nobody knows what will happen there. However, with Bitcoin having the strongest decentralized network, a stable protocol, and a level of security that has been proven over nearly two decade . We can be confident and do not need to worry too much about its future.

Investing inherently involves risk, and even asset with thousands of years of history like gold are not without risk. However, these are generally rare risks and beyond our control. So, excessive worry or spending too much time thinking about those risk is unnecessary and a waste.

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June 20, 2026, 11:43:49 AM
 #89

Bitcoin is indeed a safe digital asset compared to altcoins or other cryptocurrencies. After the invention of bitcoin, we have seen many other altcoins being introduced into the digital market, and these altcoins are flooding I to the digital market even on daily basis, and many have also been confirmed to very big scam. Many of these altcoins only depends on hype, and cryptocurrency influencers to succeed, and even altcoins like ETH, zchach, Sol, ADA etc are not performing up to expectation.
As for bitcoin, we have seen reliability, and consistency in the bitcoin market. Since the inception of bitcoin till date, bitcoin is always recording new all time high in every bull season, and has never failed couple with it's rapid widespread adoption. Honestly, bitcoin is a top notch digital asset, and cannot be compared with any other altcoin.

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June 20, 2026, 01:28:41 PM
 #90

Bitcoin is indeed a safe digital asset compared to altcoins or other cryptocurrencies. After the invention of bitcoin, we have seen many other altcoins being introduced into the digital market, and these altcoins are flooding I to the digital market even on daily basis, and many have also been confirmed to very big scam. Many of these altcoins only depends on hype, and cryptocurrency influencers to succeed, and even altcoins like ETH, zchach, Sol, ADA etc are not performing up to expectation.
Please don't compare Bitcoin with altcoins because it's how you disrespect Bitcoin.

Without Bitcoin, there are no altcoins which have been created after Bitcoin just to try marketing something like "better than Bitcoin", "Bitcoin killer", "Bitcoin forks" and in the ends all altcoin projects so far did not achieve that target. While there are many altcoins died or scam exited, abandoned by founders and developers.

It's unnecessarily for Bitcoin to compare itself with altcoins, while altcoins try to do such comparisons but they failed by themselves, not by Bitcoin.

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June 20, 2026, 06:05:08 PM
 #91

Without a doubt, you are not mistaken. Bitcoin remains the only secure cryptocurrency so far that has not suffered a protocol breach or catastrophic vulnerability since its creation in 2009. All altcoins that seemed like strong projects have had vulnerabilities in the long run.

Zcash was the last one, but there were problems and security vulnerabilities in almost every altcoin, including the strongest cryptocurrencies such as Ethereum, Solana, Cardano, BNB, Polkadot, and Avalanche, not to mention those less well-known projects.
Bitcoin is currently the safest crypto, that is true. But it would not be accurate to say that it has never faced any serious security vulnerabilities since its launch in 2009. I already mentioned this earlier in this thread, and you can review it here.
https://decrypt.co/39750/184-billion-bitcoin-anonymous-creator
https://en.bitcoin.it/wiki/Value_overflow_incident

However, since then, it has never faced any other serious security vulnerabilities. Unlike altcoins, which constantly face new vulnerabilities and attacks year after year.
Thanks for correcting me, you're right, I read about this incident, although it was discovered and fixed in just five hours through the release of a new version of Bitcoin Core.

I believe the reason is that in those early times the number of miners on the network was small and there was no huge hash power, whereas today this is completely impossible with the existence of more than 50,000 nodes and a very huge hash rate.


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Chibit01
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June 20, 2026, 06:06:31 PM
 #92

Well bitcoin is actually very safe but to me every investment comes with its own risk, life generally is risky and unpredictable, today bitcoin is safe and most people prefer to invest in it but it is not enough to feel like or say that it is the safest, there are other assets that have also stood the test of time too both in the past and present, i just feel currently it is the era of bitcoin dominance and investors should enjoy it but its not enough to be so relax knowing fully well that you can’t take volatility from bitcoin, who knows if one news might come up tomorrow and cause fluctuation in the current price of bitcoin.

In terms of digital currency, bitcoin is still dominating. I have not seen any digital asset which is safer than it, but if we are to compare it with other assets like rare earth materials, we can say that there is a lot of competition which investors can choose from and bitcoin might not be the choice of all. Some will go for what they believe offers better opportunities for them, assets are of different categories, and they have the ones which are dominating in general.

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