bitcoin currency can be trusted because there are so many who are interested in this currency and we see that those who are earning this money are already buying those who like it, if bitcoin is not a trusted currency even if one never trying to earn this currency if it is known they have not been trusted useless anyway.
you ask what good wallet for your bitcoin? I suggest you use coinbase wallet, blockchain wallet, XAPO wallet..thats all.
Topic: Bitcoin is Trusted Currency or not ? (Read 1062 times)
Which Wallet is good to create an account 
It is better for you to install your own wallet in your own computer or smartphone, since you need to be the sole possessor of the private keys of your bitcoin. 
if you are looking for a wallet you will want to use for your daily needs, i would suggest Blockchain.info which is simple to use... though their other web wallets out there that pay your transaction fees but the only draw back is you can not sign a message.
Then if you intend to keep funds in the wallet for a long period of time a desktop wallet would be the best option just remember to store your pvt key safe and guarded
Then if you intend to keep funds in the wallet for a long period of time a desktop wallet would be the best option just remember to store your pvt key safe and guarded
Well, you've already got a lot of good advices and I can confirm that Electrum is a very good wallet. And if you want a web wallet then you'll have to try them by yourself: they have different features, limits and fees so you try and choose what is good for you.
Well, if you believe your computer is virus free and you have good web security standards (Not going to sketchy sites, not clicking on links, etc), then use a wallet like Electrum. Otherwise, you have to have faith in another company and use a wallet like Greenaddress or BitGo. These two are the best free wallets.
There are wide range of wallets for bitcoin, i prefer to use paper wallet generated from bitaddress.org
But for daily transactions i am using blockchain.info web wallet and electrum.
But for daily transactions i am using blockchain.info web wallet and electrum.
bitcoin is the most trusted crypto currency till now, if you get scamed by someone with your bitcoin the matter is not from bitcoin but from people who scamming you, so far i use blockchain its so safe and easy to use even for newbies its accesible we can access it from pc or mobile
Yes, Bitcoin is a trusted currency.
As for the wallet, Electrum wallet is the one of the best wallet out there. It is built for speed and convenience. A streamlined design and rich feature set make this wallet a popular choice for beginners like me and advance users. And its easy to install, it even calculates a default transaction fee so you don't have to worry about setting it yourself.
As for the wallet, Electrum wallet is the one of the best wallet out there. It is built for speed and convenience. A streamlined design and rich feature set make this wallet a popular choice for beginners like me and advance users. And its easy to install, it even calculates a default transaction fee so you don't have to worry about setting it yourself.
Bitcoin =/= Blockchain.info, Coinbase or any other web wallet.
Bitcoin itself is a trusted currency. In fact, it is the most trusted currency because it's like a God for all the Altcoins. Bitcoin began all this Crypto trend..
But web wallets.. I'd say no. Web wallets are managed by human beings just like us, and it takes just one man to decide to scam all of us and they can do it. It doesn't matter if it says on their website that the data is never stored and so on, it can be just a fake thing and the data could all be stored on the servers. This would lead to Bitcoin's fall to the 2015 levels though, and hopefully nobody wants that to happen.
I would rather have a clean PC with Bitcoin Qt on it and download all the blockchain or paper wallets rather than always having the risk of being scammed... Be wise, don't go for the newest web wallets, or even desktop ones. Stay with the old, known ones and you should be fine.. but for big sums, stay away from servers and services managed by people. In other words.. don't let others manage your money.
Bitcoin itself is a trusted currency. In fact, it is the most trusted currency because it's like a God for all the Altcoins. Bitcoin began all this Crypto trend..
But web wallets.. I'd say no. Web wallets are managed by human beings just like us, and it takes just one man to decide to scam all of us and they can do it. It doesn't matter if it says on their website that the data is never stored and so on, it can be just a fake thing and the data could all be stored on the servers. This would lead to Bitcoin's fall to the 2015 levels though, and hopefully nobody wants that to happen.
I would rather have a clean PC with Bitcoin Qt on it and download all the blockchain or paper wallets rather than always having the risk of being scammed... Be wise, don't go for the newest web wallets, or even desktop ones. Stay with the old, known ones and you should be fine.. but for big sums, stay away from servers and services managed by people. In other words.. don't let others manage your money.
Yes, Bitcoin is trusted wallet and there no doubt about this issue. From beginning it continuously proved his presence and dominating almost all branches. While talking about wallet web wallet always risk to use.
Which Wallet is good to create an account
A popular misconception ciculating among bitcoin newbies is that you need some sort of online bitcoin account, to use it.No you don't have to do this, all you need is a wallet. The best wallets are software wallets, not online 'accounts'.
With software wallet i.e. Electrum, Multibit HD your coins will be owned truly by you, not by some online wallet service provider.
Which Wallet is good to create an account
Haha, I thought this is all about the trust issue to bitcoin but you are asking a very far question from what your title says.If you want to know if bitcoin is trusted, yes it is trusted for all it's users and for those that doesn't have enough knowledge on it, they will say it's not.
And if you want to create a wallet, you can suggest one of the popular wallet which is blockchain.info
Just put it on the url address of your browser and you are good to go.
You can create account in many wallets and test all the services. This way you will choose that one you most liked to use. Each wallet has some different aspects and some people don't like one, but like other... The most common are Blockchain.info, CoinBase, Xapo, Hao BTC... I use Blockchain.info and I'm happy with their service. (All wallets I listed are online, there are the offline wallets also).
Which Wallet is good to create an account
Bitcoin is Trusted Currency or not ? Yes you can trust bitcoin because it is the MOTHER of all cryptocoin.
Which Wallet is good to create an account
i prefer copay and mycelium wallet for android, it is secure and a mobile wallet.Try to change the subject of this thread since your question contradict your statement.
How can it be not trusted enough if there were several transaction were made using transaction? From buying merchandise, paying bills, loading up mobile phones, even online games already accepts bitcoins so I can say that it had gain a desirable trust from several people worldwide. Only those scammers or fraud that makes it more complicated.
bitcoin is trusted crypto currency but some peoples use it to do scam activities, for wallet you can choose wallet which only you can access it not on third party like coinbase, xapo or any exchange because they handle all your bitcoin and can run your money anytime but so far coinbase and xapo is legit but i dont know for next months or years
Answer to the title: Bitcoin is more promising than any other crypto-currency.
Answer to the post: You should try out BlockChain.info or paper wallet. Both are good options.
Answer to the post: You should try out BlockChain.info or paper wallet. Both are good options.
The title's question is too far from the thread itself 
. Anyways don't use any web wallet if you want safe place for your coins. I will recommend this site https://bitcoin.org/en/choose-your-wallet and take your time to choose. Choose desktop category, and I suggest electrum as its lightweight and safier than any web wallet.
. Anyways don't use any web wallet if you want safe place for your coins. I will recommend this site https://bitcoin.org/en/choose-your-wallet and take your time to choose. Choose desktop category, and I suggest electrum as its lightweight and safier than any web wallet. 
I was also wondering the same after i clicked thread. Next time don't mislead the topic from your title OP, you can just ask directly what's the best or good wallet where you can store your BTC for savings, and to answer your title, its a big YES why? ...
its because most industries nowadays accept BTC as payment method or even online services. And why would you care to register for your wallet address if its not legit right? this would only waste your time if this is unreliable. agree?...
its because most industries nowadays accept BTC as payment method or even online services. And why would you care to register for your wallet address if its not legit right? this would only waste your time if this is unreliable. agree?...
the title. could it be you want to ask two questionsfor bitcoin is trusted because although bitcoin is digital but bitcoin having the same function may even exceed fiat and strong security that we can set its own.
I use coinbase, xapo, blockchain and some in the exchanger fiat.
Jump to: