The only safe haven currency is Bitcoin - page 8.

uneng

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Quote from: marcbitcoins on May 16, 2019, 07:26:09 PM

I will disagree to your claim for the word "only" as during the world war Bitcoin will become useless as we cannot do transactions anymore because internet and communications cells will be destroyed during the conflict unlike gold and money still can be use anytime in anywhere for food and temporary shelter.

It's true, without internet bitcoin is nothing. There isn't a physical value for btc, because it doesn't exist on the reality, that is why gold, other metals and gems are superior to any virtuals goods. But keep in mind even fiat can become worthless in a war scenario;
In times like that currencies become very useless, being crypto currency or not.

Siren

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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.

Then what if there’s a total blocking’s of internet when the war happens?then how can you access the bitcoin and how to convert to fiats for withdrawal?

Maybe this is something to have answers

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

In this I agrees since that’s why we are all here for this privacy

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

Because of us treating bitcoin as property,look how many of us using bitcoin s what this is must?you can only find more holders than paying

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

Lol to circulate the bitcoin we must buy and sell and not to totally hold..

And what about LTC?what does the importance towards bitcoin?

shesheboy

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Quote from: Oceat on May 16, 2019, 05:16:17 PM

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.

You can say it's not but that is mainly the people's problem whether they have to leave their Bitcoin on any exchange which is allowing the hacker to give your Bitcoin on them once they hacked the exchanges. But if you know how to deal with this, you should have taken that remaining Bitcoin on any exchanges that you used and put it on your hardware wallet and viola your Bitcoin is safe with you unless you give your private key to someone.

Yeah bitcoin itself is safe and not hackable but the person who uses a bitcoin are the one that is responsible if ever his bitcoins will get hacked because he maybe store his bitcoins on an online exchange or a wallet . That isnt a good way to handle bitcoins but its okay if you will be using your bitcoin actively for trades or for business porpuses .

jademaxsuy

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Yes, indeed i could.not disagree as a newbie the only safest crypto that I can afford to.invest is bitcoin only. No doubt about it because this is the first digital currency or crypto.being.invented or created by the founder Satoshi Nakamoto and altcoins just means alternative coins. So, if there are newbies out there that wishes to invest in cryptocurrency then chose BTC (BITCOIN) as much as possible.

marcbitcoins

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I will disagree to your claim for the word "only" as during the world war Bitcoin will become useless as we cannot do transactions anymore because internet and communications cells will be destroyed during the conflict unlike gold and money still can be use anytime in anywhere for food and temporary shelter.

nydiacaskey01

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

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.

If you look at it that way then yes its easy to move you Bitcoin from one place to another in times when war broke out, but what will happen if there's no access to electricity and internet? There's pros and cons if we put all our money in Crytocurrency that's why its better if we spread our money in different investments.

Gi01

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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.

These are very true. Bitcoin makes it possible for you to use at any part of the world you find yourself. Bitcoin is the true definition of financial freedom. Bitcoin is so far the most trusted and secure financial entity in existence so far.

muratsink

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Quote from: Oceat on May 16, 2019, 05:16:17 PM

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.

You can say it's not but that is mainly the people's problem whether they have to leave their Bitcoin on any exchange which is allowing the hacker to give your Bitcoin on them once they hacked the exchanges. But if you know how to deal with this, you should have taken that remaining Bitcoin on any exchanges that you used and put it on your hardware wallet and viola your Bitcoin is safe with you unless you give your private key to someone.

refresive action is not an option. but the main choice is preventive action. Don't wait to move coins after being hacked. it's better to keep in the hard wallet before hacking occurs. and your assets will be safe. after Binance was hacked. I am afraid to save assets in an exchange wallet.

muratsink

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because the government is not ready to adopt BTC as a currency. there are many reasons and different :
1. the government sees the extream volatility.
2. The government sees that BTC is only bubbles and Ponzi.
3. The government sees public conditions that are not ready to accept BTC and crypto.
4. The government considers that BTC is a threat to the national currency.
so they choose to create new electronic currencies and banns crypto activity.

Palmaper

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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 fact, all these attributes are common to most legitimate cryptocurrencies, so it does not seem appropriate to use these characteristics as the main advantages to prefer bitcoin. However, compared to the rest of the cryptos, bitcoin has proven to be a safe and reliable store of value, and perhaps justifiably the most coveted of all the cryptocurrencies so far.

Still, I reserve my doubts about how useful bitcoin could be in case of a great war on a global scale... Embarrassed

Oceat

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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.

You can say it's not but that is mainly the people's problem whether they have to leave their Bitcoin on any exchange which is allowing the hacker to give your Bitcoin on them once they hacked the exchanges. But if you know how to deal with this, you should have taken that remaining Bitcoin on any exchanges that you used and put it on your hardware wallet and viola your Bitcoin is safe with you unless you give your private key to someone.

coin-investor

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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.

All your points are correct, but only a few people are realizing this if they do they will keep buying Bitcoin, the bubble stuff theory keeps them from taking hold of Bitcoin, that's because they keep listening to these so-called experts, who are all part of the government to prosecute Bitcoin.

BlackFor3st

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Betking.io - Best Bitcoin Casino

Yes bitcoin have plenty of advantages that is very helpful to each and everyone of us who really support bitcoin from the start of it's discovery until now.
Many are buying bitcoin already and as you can see the price is keep on increasing though there are a little drop but in the following days it will increase again.

I haven't invested LTC in the past but I am sure LTC has a future especially that it belongs to the top 10 in coinmarketcap.

stfN2128

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It's not only about bitcoin itself, the most cryptos are giving you freedom.
I like this article written by the new york times, a citizen of venezuela is talking about how bitcoin has saved him and his family during the hyperinflation.

https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-bitcoin-inflation-cryptocurrencies.html

Just share it as much as you can... most people cannot imagine that this could ever happen to them but.... nowadays nothing is safe.

Xalata

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haha...well you have a point about the fact that investing into bitcoin is always a good investment decision. This is so because there a huge number of investors who are into bitcoin investment and this makes its price increase and decrease constanly. You just have to position yourself at a vantage point during its cycle of volatility.

minersday

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I disagree with you on the fact that you think Bitcoin is the only safe haven currency (cryptocurrency). Ethereum and other well developed crypto coins have good credentials which also makes them a safe haven currency because they also present decentralized platforms free from central authorities controlling how things are done or transactions made on the platforms.

Adriano2010

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Bitcoin is a good option to store money and overtime can get a profit, and even if something happen with fiat money bitcoin can save if store and hold, and can be used to pay if is accepted on shops.

Joyawan13

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elysian.finance

yes, indeed until now bitcoin is a crypto currency that has the highest price compared to others, we can see price developments that are now starting to rise even higher, in my opinion it indicates that there are still many people who want and have bitcoin to be used as investments or used as trade, and although making transactions using bitcoin is very expensive compared to other crypto currencies, many people choose to use bitcoin to use transactions, so it's not wrong for example we assume that bitcoin is a promising crypto currency for the future.

Yourhomeboy

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Quote from: sinta23 on May 16, 2019, 10:46:38 AM

if bitcoin is the best safe haven currency, of course bitcoin is the best payment currency, if the government considers btcoin as a property. of course they are afraid that the paper currency will be replaced by crypto

it's gonna happen soon, the truth is that most people in the world have not understood how it works, that's why it has not gone rampart but no hope lost am counting on the upcoming kids, they are more internet wiser than we are.

Yourhomeboy

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Quote from: joshy23 on May 16, 2019, 06:58:43 AM

Quote from: Yourhomeboy on May 16, 2019, 03:57:45 AM

Quote from: Pursuer on May 16, 2019, 03:38:28 AM

Quote from: Haunebu on May 16, 2019, 03:12:03 AM

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

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

They view BTC as an asset primarily and don't consider it as a currency just like majority of the investors in the cryptocurrency market which is a much better and safer option for them. We need to reverse this asap by driving adoption rates higher with time through regular developments.

there isn't only one country and one government in the whole word to have a singular view about bitcoin. there are lots of countries and each have their own view. there are countries that view bitcoin as a currency as they should and there are others that see it as a commodity mostly for tax purposes and in most cases the governments are undecided but open to bitcoin and finally in rare cases we have total ban.

isn't it wiered that China has 80% of bitcoin mining, yet they banned Bitcoin and their citizens would have to use VPN to purchase what their country mine themselves. It can be a tactical move to trick the world.

Knowing how they've got this kinds of mentality, they've wanted to always in the safe side without noticing them with their real intentions,
china's positions is still doubtful as they are speaking differently from what they've really acting, for sure they've something hidden behind.

nice you understand the angle of reasoning they came up with, it's very rare to understand or to hold them responsible for any activity concerning Bitcoin.

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