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Topic: Why is Bitcoin in the highest level of trust? - page 3. (Read 1957 times)

member
Activity: 364
Merit: 10
Bitcoin has the highest trust in my opinion the main selling point is because btc is fully decentralized, allowing someone to be financially independent without anyone monopolizing, free from capitalism and harmful rules. Besides that, the value of btc always increases tremendously from year to year, it is enough to prove that btc is indeed worthy of the highest trust.
hero member
Activity: 2366
Merit: 594
Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.
you are right, that bitcoin is famous for its decentralization and is not under anyone's control so that no one regulates it for the benefit of individuals or institutions. bitcoin moves because trading transactions have taken place in real terms and its security so far no one has been able to crack or even intervene. so it is natural that bitcoin until now is having a very high trust and no one is afraid to invest at any time.

As you can see, the price continues to fall, which means that many investors/holders are crying because the price is falling. If they truly believed in bitcoin, they would not be crying right now. Instead, they would sit back and do nothing because they are confident that the price will rise. It does not mean that if you have a high level of trust in bitcoin, you will invest right away; you will need to do some research to determine when the best time to invest is.
full member
Activity: 1708
Merit: 105
Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.
you are right, that bitcoin is famous for its decentralization and is not under anyone's control so that no one regulates it for the benefit of individuals or institutions. bitcoin moves because trading transactions have taken place in real terms and its security so far no one has been able to crack or even intervene. so it is natural that bitcoin until now is having a very high trust and no one is afraid to invest at any time.
newbie
Activity: 17
Merit: 0
While other cryptocurrencies have yet to prove their "solidity".
I personally prefer Bitcoin as an investment and trust it because I want to protect my assets from inflation. Although Bitcoin has no intrinsic value unlike gold but as a normal person who can think logically, I think Bitcoin is better than Fiat and I have a great potential to make a profit by grabbing Bitcoin
full member
Activity: 1176
Merit: 140
bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.
Apart from that, the main purpose, which has been – for transaction – has been very much reliable over the years. When it comes to making transactions with bitcoin I don’t think there is anyone that would complain that they were cheated in anyway, because there is no issue that you can have with Bitcoin, except that maybe at the moment the network might become congested and the fees for the transactions would increase and maybe slow down to a certain speed. Whatever transaction you are doing is between you, the sender, and the receiver. So, it is not something that is having any other person in between the both of you. Which is the good part of it.
member
Activity: 199
Merit: 10
bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.
full member
Activity: 1414
Merit: 236
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Bitcoin is a decentralized currency that came to stay in the world to improve people knowledge in the community. And many countries has testified about the trust they cherish from bitcoin over some years and it never fail for the purpose it was created. To those countries that made bitcoin legal in their communities have a full trust on bitcoin any day or anytime in the country.
Those countries that still doubted bitcoin are those countries that refused to legalized bitcoin in their environment. Their citizens keep seeing bitcoin as a scamm currency that will not last long in the world. They don't trust bitcoin in any investment because they don't have the any knowledge of how to use bitcoin to improve other things in the community.
member
Activity: 208
Merit: 10
Bitcoin already have a history and its the first crypto currency in the market as that becomes most popular crypto currency since year 2009,  as the matter of fact It's proven and tested, so i'm not surprised that it's still have a higher level of trust unlike other crypto currency in the market, which is even now TBH that the value itself keep increasing every year, so IMO it will remain at the top of all crypto in the market and no one can take over in it as long as the adoption of bitcoin keep increasing as well.
sr. member
Activity: 1778
Merit: 309
Why do you even think that bitcoin is trusted? I know many traders who do not trust at all, but simply work for the reason that this is the most famous currency.
And what makes you even think that bitcoin isn't trusted or even reliable? You should put your own opinion, you are just saying that because you know some traders who allegedly do not trust bitcoin at all. You are supposed to put your opinion based on your idea and experiences about bitcoin. Lol
Another anti-bitcoin spotted  Grin

The fact that bitcoin is still standing tall until this very day for the past decade or 12 years, that alone can tell you about bitcoins reliability. Ofcourse it's the most famous currency of all time because there are lots of investors who trusts bitcoin mate.
I'm really having a laugh now, I didn't really expect that I can encounter this posts like he/she is just basing others opinion that is why he/she doesn't believe nor trust bitcoin. Well, there's nothing we can do about it because he/she has been brainwashed by other unbelievers of bitcoin. I think that's the biggest disadvantage of it especially the beginners who are new to this industry, instead they want to learn how bitcoin works, they met other experienced people who failed on investing due to lack of patience or other reasons.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
Why do you even think that bitcoin is trusted? I know many traders who do not trust at all, but simply work for the reason that this is the most famous currency.
And what makes you even think that bitcoin isn't trusted or even reliable? You should put your own opinion, you are just saying that because you know some traders who allegedly do not trust bitcoin at all. You are supposed to put your opinion based on your idea and experiences about bitcoin. Lol
Another anti-bitcoin spotted  Grin

The fact that bitcoin is still standing tall until this very day for the past decade or 12 years, that alone can tell you about bitcoins reliability. Ofcourse it's the most famous currency of all time because there are lots of investors who trusts bitcoin mate.
full member
Activity: 463
Merit: 102
Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack. It also has a limited count in the market circulation, making it have a higher value as time passes. Investors trust Bitcoin so much because they know that bitcoin will never let them down in the future. They know that bitcoin is a safe place to store their funds while they do not need it yet. Hence, a lot are investing in it, making it a very popular coin with the highest level of trust in the whole cryptocurrency community.
sr. member
Activity: 840
Merit: 255
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Really our community got to get instruction almost BTC moreover government ought to get it the positive highlights of BTC and learn to make strides the economy with the assistance of BTC. I think individuals begin to think that it isn't right and they ought to elude this plot. I accept to select and believe bitcoin as an venture since I need to secure my riches from expansion. In spite of the fact that bitcoin do not have an inherent esteem not at all like gold but as a typical individual who can think consistently, I think bitcoin is much way better than fiat and I will have enormous likelihood to win benefit by holding bitcoin in long run.
full member
Activity: 524
Merit: 100
Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.
sr. member
Activity: 1330
Merit: 256
Of course a miner has high principles and dedication to continue to be in the 2nd world for a long time, especially considering that the crypto world is a long-term investment and is also an asset, so bitcoin currently has such high trust from miners. as well as the public at a time when the price is so unstable but does not affect the confidence of miners to continue to be in the crypto world in the long term so that this is what makes bitcoin still survive today.
sr. member
Activity: 2030
Merit: 356
The need for a trustable business has been felt for a long time. There were many networking businesses, plan businesses, etc on the internet. There was much fraud & stealth. I worked with many companies like the banner broker, wealth for all, Profit clicking.com, etc before 2009. They all were based on fraud.
But after Bitcoin's arrival, the scenario was changed. There was good news, and trust for the person who wish to do some income-supporting work on the net. Bitcoin and cryptocurrency earned trust and money for its user. It provides a lot of opportunities to develop and step forward and equal chances for poor or rich.
In short, it is a unique business popular in all ages of life.

Just keep in mind that bitcoin is not any sort of trustable business or whatever. You cannot compare it with industries or companies.
Bitcoin is a currency and it can be compared with other currencies like US dollar etc. Since bitcoin is non-inflationary, it has gained a lot of trust over time.
member
Activity: 416
Merit: 30
The need for a trustable business has been felt for a long time. There were many networking businesses, plan businesses, etc on the internet. There was much fraud & stealth. I worked with many companies like the banner broker, wealth for all, Profit clicking.com, etc before 2009. They all were based on fraud.
But after Bitcoin's arrival, the scenario was changed. There was good news, and trust for the person who wish to do some income-supporting work on the net. Bitcoin and cryptocurrency earned trust and money for its user. It provides a lot of opportunities to develop and step forward and equal chances for poor or rich.
In short, it is a unique business popular in all ages of life.
jr. member
Activity: 113
Merit: 1
Because it does the cracking work for the cracker before it is cracked.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
It can be said that bitcoin has been operating for a very long time, born from the years 2009 -2021, no one feels cheated and harmed by bitcoin, the annual bitcoin price always increases, if we invest bitcoin in the long run. run most people will benefit, bitcoin is also a very valuable asset and especially in contrast to other cryptocurrencies, the simple truth is that Bitcoin has been around for more than 10 years. and always constantly growing, try to compare with all other coins, bitcoin is still the best choice.

True that. Bitcoin might not have the fuel to make those epic 100x to 1000x runs again but it serves a really good purpose and that's as a solid store of value. Bitcoin has really matured as an asset compared to what it was a few years ago when the adoption was just amongst a few thousands. Ideally, people tend to trust anything that has been around for a long time with any negative or bad history.
member
Activity: 139
Merit: 10
It can be said that bitcoin has been operating for a very long time, born from the years 2009 -2021, no one feels cheated and harmed by bitcoin, the annual bitcoin price always increases, if we invest bitcoin in the long run. run most people will benefit, bitcoin is also a very valuable asset and especially in contrast to other cryptocurrencies, the simple truth is that Bitcoin has been around for more than 10 years. and always constantly growing, try to compare with all other coins, bitcoin is still the best choice.
member
Activity: 200
Merit: 11
Bitcoin trusts hold digital currency .Bitcoin trusts may offer more access to digital currency, these assets may not be suitable for everyone. Bitcoin is fully open source and decentralized. Bitcoin is secure and safe. People trust it
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