The only safe haven currency is Bitcoin - page 3.

joshy23

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Quote from: Vishnu.Reang on July 11, 2019, 02:21:36 AM

Quote from: swiftbits on July 11, 2019, 01:25:49 AM

Bitcoin is running through hardware and internet, also the reason they consider it as an asset not a currency, it’s such a great haven since it’s safe and portable. Bitcoin is the innovation of internet finance.

I agree. Bitcoin was originally designed as a currency, but there are practical difficulties in using it for that purpose (such as the delay in getting conformations, volatile exchange rates.etc). So now most of the users are treating it as an asset or as a store of value. Also, the fact that Bitcoin is protected against inflation gives an advantage if we treat it as an asset.

As a investor we deal with bitcoin for investment point of view, and as a trader we have different think about bitcoin, and as a person we think bitcoin is an asset, so it is bitcoin quality that bitcoin could turn in any shape for us and in very shape bitcoin give us profit, So it is best thing for us and sometime i am speechless when i talk about bitcoin's qualities.

It's your own assessment and opinions to what extent you'll be able to benefits from this crypto currency, bitcoin is very good in terms of long term and also to those who understand the market for short term profits, it can be done both depends to your style of tradings.

arpon11

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Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also, don't forget LTC.

I like to read posts made by the bitcoin and cryptocurrency enthusiast and it is always encouraging and educative to read their posts. Bitcoin happens to come out at this particular time because of how the other financial assets like stocks, currencies, and gold have failed the people. Bitcoin represents the type of money our great grandfather and mothers have in mind before introducing better systems. Governments and bank's control currencies are full of manipulations and bitcoin stand in the best grand to help the populace.

Vishnu.Reang

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Quote from: swiftbits on July 11, 2019, 01:25:49 AM

Bitcoin is running through hardware and internet, also the reason they consider it as an asset not a currency, it’s such a great haven since it’s safe and portable. Bitcoin is the innovation of internet finance.

I agree. Bitcoin was originally designed as a currency, but there are practical difficulties in using it for that purpose (such as the delay in getting conformations, volatile exchange rates.etc). So now most of the users are treating it as an asset or as a store of value. Also, the fact that Bitcoin is protected against inflation gives an advantage if we treat it as an asset.

Dapper

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It is a wonderful safe haven currency. But it's important to remember still not to have all of your eggs in the same basket.

ttcsalam

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Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

I think that it is so popular because of this thing. It is not the same. It is possible to transfer quickly. It is not possible in the case of money or gold. Therefore its popularity is increasing more and more day by day.

swiftbits

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Bitcoin is running through hardware and internet, also the reason they consider it as an asset not a currency, it’s such a great haven since it’s safe and portable. Bitcoin is the innovation of internet finance.

TheCrimsonFucker

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I agree, btc is the best alternative, having many benefits such as, a currency alternative that you can use anywhere in the world of easy portability in wallet btc

Sithara007

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Leading Crypto Sports Betting & Casino Platform

As long as Bitcoin remains as a decentralized asset, it will act as a safe haven currency. And the recent trends are encouraging. Centralized cryptos such as Ripple and Stable coins such as Tether are going down in terms of market share and the Bitcoin dominance has moved well past the 60% mark. Out patience and belief in BTC is slowly paying off.

Ioann11

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Bitcoin was invented amid the effects of the 2008 financial crisis. The idea was to create a currency that would regulate itself, without the intervention of banks. Thus, bitcoin is one of the first decentralized currencies.
“It's amazing that they created a system that exists by itself and that no one can influence. No government can take money from the system. No one is forced to trust someone in particular. ” Enough that you trust the system!
Bitcoin is the future, one of the greatest inventions of mankind.

idham29

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Quote from: Question123 on June 16, 2019, 09:36:22 AM

Bitcoin is one of the safest currency in the world Yes because that coin is not control or the government will not manipulate it compared to the real currency or the fiat. But ethereum also is the good because that coin is also a bitcoin and they are very famous and also the competitors of the bitcoin. But now people choosing bitcoin because of different advatanges you get once you have bitcoin.

I see that at the moment bitcoin shows its fangs, after 2018 falls and many observers predict the end of bitcoin. They are wrong, the proof is that bitcoin is now at the position of USD 9284, and will continue to increase.
One of the advantages of bitcoin is that it is safer than real money, especially from theft and fraud. Because being in digital is certainly not physically affordable by theft, especially if the protection is used in multiple ways.

Leh-Meh

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Quote from: Innerpumper on May 16, 2019, 03:19:46 AM

I do not think so, because there is no secure system, even bitcoins can be hacked, through an unsecured exchange.

Without currencies/money there will be no bitcoin. Without centralization Bitcoin will not get legal status.

jak3

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Bitcoin and other altcoins are the improved money system which we need for our new generation. yes, it has a lot of potentials to overcome many big problems but we should forget that nothing is 100% perfect nor the cryptocurrencies. they have a lot of things which are done either for security or for other welfare reasons but somehow we still are in need of faint money.

Bardman

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By definition it's really not. ''A safe haven is an investment that is expected to retain or increase in value during times of market turbulence. Safe havens are sought by investors to limit their exposure to losses in the event of market downturns.''

While bitcoin is expected to increase in value, it is not necessarily expected to do so during times of market turbulence and it doesn't always do it. The wild volatility of Bitcoin it's certainly a big disadvantage as well since you would think a safe haven is something more or less stable.

samsul1234

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Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

in my opinion bitcoin is currently vulnerable to ICO fraud or about new altcoin-altcoins, which along with the increase in bitcoin they promise instant wealth, not to mention the many hackers from my friends who experience borders on admission it is very harmful

Upgate

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Nothing sweeter than having such believes that your bitcoin asset is safe in your wallet. You can store and move around with it without people or banks knowing your income. Embracing bitcoin is the best thing countries can do for her citizens incase of tragic events

CBANX3

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For today Bitcoin is a gem for and who Hodl bitcoin is the luckiest people; Bitcoin is a safe haven currency for all time for now and for the future also.

Caladonian

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Quote from: gangem07 on June 19, 2019, 06:00:57 AM

Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

I think they have different goals and perspective in our lives.Gold and silver can be classified as our property in the future because the value of these two has the potential to grow and have the advantages than bitcoin.But bitcoin is also a digital assets and it can be classified as our property rather currency because of price increasing years by years.

Both can be classified as an assets that will grow in value after some time of holding, if you have a lots of spare money and you wanted to save it for your future buying bitcoin will be favorable, this ongoing rise coming from big corrections are an indicators that the value will grow and bounce back to reach a new ATH.

Believe and trust the system and enjoy the benefits that it will bring to your investment.

gangem07

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Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

I think they have different goals and perspective in our lives.Gold and silver can be classified as our property in the future because the value of these two has the potential to grow and have the advantages than bitcoin.But bitcoin is also a digital assets and it can be classified as our property rather currency because of price increasing years by years.

bettercrypto

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Quote from: CryptoBry on May 16, 2019, 02:44:31 AM

Quote from: Yourhomeboy on May 16, 2019, 02:25:57 AM

Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

Bitcoin and the rest of the cryptocurrency platform is presenting us a different kind of alternative for wealth keeping. Indeed, just like the physical gold this can be a safe haven during difficult times but unlike the real gold there is no need to hide it somewhere but just in our digital wallets or even hardware wallets which we can just pick up anytime anywhere. Of course, the physical gold also has its own advantages but for now the focus is with bitcoin because of its big potential to be the game-changer we are all waiting for. As to why some governments are classifying bitcoin as a property rather than a currency, that is their call and prerogative we are all biased anyway and we have different perspective with things.

Bitcoin is important. It can substitute in other assets. For me, I rather to invest in bitcoin than buying golds. Bitcoin can make us profitable buyers and cryptocurrency secures our future. Bitcoin is safe have because it has lot of purposes. Even it is so simple coin, many people still want to use it as a medium of payment.

Johnzky

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Yeah i agree with you bro that the only safe haven currency is bitcoin... but there are some chances of scams and hacking.. anyhow no doubt bitcoin is very great for investors..

Safe haven because bitcoin is the pioneer?And the Rank number 1?maybe as of now yes it is,but don’t forget there are many currency in crypto who’s being legit and ca be trusted it’s just happen that people are not aware of the value of each coins and tokens so basically it will take time to be learned by all of the people in the world

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