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Topic: Why is Bitcoin in the highest level of trust? - page 2. (Read 1957 times)

newbie
Activity: 16
Merit: 0
Guys, what about that NFT that Satoshi put up for sale after 10 years of silence? What do you think? Is he alive or got hacked?
please tell more i need to know
he put the first mention of bitcoin from his account on the auction, everyone is talking about it http://p2pfoundation.ning.com/xn/detail/2003008:Comment:169634
where? i want to see it i can't believe  this is real
legendary
Activity: 1806
Merit: 1024
I think we can all discuss all the fundamental reasons of security and decentralization etc etc but the proof is in the history of Bitcoin.

Never been successfully hacked,,, Never refused or given back,,, And if I wanted today to spend or sell my BTC I could do that much easier than any other altcoin.

This for me is reason enough for any newbie to choose BTC over anything else. Trust is something not rational correct?  Cheesy

I agree. Bitcoin being the ever first cryptocurrency has also a lot of factor to play why it has the highest level of trust. Then, a mentioned, its security and value are what makes it more desirable for the many even those who just spectators and starting in the crypto world.

ya.ya.yo!
jr. member
Activity: 345
Merit: 1
Guys, what about that NFT that Satoshi put up for sale after 10 years of silence? What do you think? Is he alive or got hacked?
please tell more i need to know
he put the first mention of bitcoin from his account on the auction, everyone is talking about it http://p2pfoundation.ning.com/xn/detail/2003008:Comment:169634
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
I think we can all discuss all the fundamental reasons of security and decentralization etc etc but the proof is in the history of Bitcoin.

Never been successfully hacked,,, Never refused or given back,,, And if I wanted today to spend or sell my BTC I could do that much easier than any other altcoin.

This for me is reason enough for any newbie to choose BTC over anything else. Trust is something not rational correct?  Cheesy
newbie
Activity: 16
Merit: 0
Guys, what about that NFT that Satoshi put up for sale after 10 years of silence? What do you think? Is he alive or got hacked?
please tell more i need to know
jr. member
Activity: 345
Merit: 1
Guys, what about that NFT that Satoshi put up for sale after 10 years of silence? What do you think? Is he alive or got hacked?
full member
Activity: 728
Merit: 117
Commonly, the first will be always the first.
I mean that:
- Bitcoin is the first cryptocurrency found and this is very special because we know how Satoshi rose up the idea of blockchain technology
- Bitcoin has passed very various situation both bad and good, but so far BTC still survives very greatly
- Bitcoin is full of trust, by the old people until the new comers in the crypto world.
- The total supply, the mining, and all activities related to Bictoin are special
sr. member
Activity: 938
Merit: 250
sometime, people said that bitcoin is trusted, and the other will say that is scam because of their bad experience.
people who already know, will trust and many of them store their money (after get paid) to this world. trust emerges because something happen, and maybe twice or more. and trustful come from after making profit.
at first time, im just trying to get in as deep, although its not deep as now, after few year, i know that i have to swim more and more. trust level increase as time goes by.
sr. member
Activity: 1484
Merit: 447
Bitcoin has the highest level of trust because it has led the market for many years and is unique in that its supply is finite and unlikely to change. different from other cryptos whose supply changes. That's why Bitcoin is the prima donna of crypto because the rarer bitcoin, the more valuable it is in the eyes of investors. The good Bitcoin price movements also make investors vying to own it. How not, if we compare the price at the beginning of its appearance and now, the price has shot far and it is hoped that in the future the price will more rise.
newbie
Activity: 21
Merit: 1
Bitcoins have been consistently profitable for a long period of time now. This characteristic of Bitcoin makes it popular and trustworthy. Not only is it profitable, it is also the first cryptocurrency to be introduced. It kind of holds the fate of all the cryptos that have ever been introduced till now.
hero member
Activity: 1316
Merit: 502
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.
I feel that despite being a pioneer and a fairly early arrival in the form of technology but these still do not constitute a reason big enough for us to hope for a mission then entrust both fate and destiny to it, in addition, we are very proud of the ability to grow without supervision but it also shows that there is no particular roadmap for the future. All in all, technology has never been the lifeblood of bitcoin, bitcoin is worth trusting just because of what it has done from the past to the future, very pure and without any signs of deception or fiction like new technologies, a name and tagline that never fades no matter how big the earthquake here
hero member
Activity: 1400
Merit: 770
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?


As long as the consensus of trust and bitcoin is based, Bitcoin will not die. But if the world government bans bitcoin and all activities related to blockchain technology then it could be worthless. But to be like that seems very difficult. China may succeed in pressuring its citizens not to do activities related to crypto, but it cannot pressure global citizens to become like its citizens.
Regarding the advantages of course, if you look at the supply law deman then tomorrow bitcoin will deliver a new ATH again but I don't know when. In addition, crypto blockchain has more advantages than fiat money. At least it becomes one proof that the crypto blockchain industry deserves to continue to be developed and have regulation.
sr. member
Activity: 1666
Merit: 426
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.
sr. member
Activity: 1330
Merit: 256
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
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
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?
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
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
member
Activity: 148
Merit: 10
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.
legendary
Activity: 1414
Merit: 1002
= jasad =
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..
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
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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