Topic: Why is Bitcoin in the highest level of trust? - page 7. (Read 1938 times)
It is because among the existing cryptocurrencies in the market, Bitcoin have already proven its worth through the years that it have been into the crypto market providing safety and security on those people who have risked their funds on investing with it and have fruitfully gain profit from and it have shown us that despite of many circumstances it can still be able to bounce back to the top even if there are lots of negativities roaming around trying to pull down this crypto. With that, Bitcoin not just gain popularity but also it have proven people that it can be reliable and trusted.
Bitcoin offers an effective method for moving cash over the Internet and is constrained by a decentralized organization with a straightforward arrangement of rules, in this manner introducing an option in contrast to national bank-controlled fiat money.1 There has been a lot of talk about how to value Bitcoin, and we set around here to investigate what the digital currency's cost may resemble in the occasion it accomplishes further far reaching reception. To start with, be that as it may, it is helpful to back up a stage. Bitcoin and other computerized monetary standards have been promoted as options in contrast to fiat cash. However, what gives any sort of cash esteem?
Bitcoin does not need anyone trust or rating. Bitcoin had passed through many years of stress and survival and finally scale through this time, now that it had gone far I don't think their is any reasons of looking for numbers of trusts for it to keep moving.
Bitcoin is the boss of cryptocurrency and thereby, the trust is already guaranteed, which can not be compared to altcoins which existence happen as a result of Bitcoin dominance in the society attracting more development of new type of altcoins on a daily basis.
Bitcoin is the boss of cryptocurrency and thereby, the trust is already guaranteed, which can not be compared to altcoins which existence happen as a result of Bitcoin dominance in the society attracting more development of new type of altcoins on a daily basis.
Trust is important even in a digital coin. How are you going to invest in a coin if you don't have trust that it can give you profit? Bitcoin become successful and valuable after more that ten years of existence because of peoples trust (demand) and because of the purpose why it was created by Satoshi. Bitcoin can be an asset and currency and people like it very much. It also help a lot of people during this time of pandemic that leads to gain more trust from the people.
Being the mother of cypto currency, its value remained awesome from the beginning though it had many obstacles in the Beginning stage. Recent its ATH has drawn in so many investors into it. This says how people are open and confident enough to try crypto currencies. And as all other cyrpto currencies follow Bitcoin's growth, Everyone is investing in bitcoin. The demand and supply of bitcoin raises its trust and its value in the market. Word of mouth played a great role in it as well.
Whether it will make an ATH or not, it will always draw the attention of the investors as bitcoin always remain the number 1 cryptocurrency in the market. No other coin has even close to bitcoin, now with a dominance of 44% over the entire altcoins, I guess we know how big the popularity of bitcoin is over the others. Bitcoin will always be the king of crypto so even how low its bound to fall everytime its bear season comes, we always see it rising and recover again. This is the reason why we always keep keep our faith in bitcoin.
Being the mother of cypto currency, its value remained awesome from the beginning though it had many obstacles in the Beginning stage. Recent its ATH has drawn in so many investors into it. This says how people are open and confident enough to try crypto currencies. And as all other cyrpto currencies follow Bitcoin's growth, Everyone is investing in bitcoin. The demand and supply of bitcoin raises its trust and its value in the market. Word of mouth played a great role in it as well.
Whether it will make an ATH or not, it will always draw the attention of the investors as bitcoin always remain the number 1 cryptocurrency in the market. No other coin has even close to bitcoin, now with a dominance of 44% over the entire altcoins, I guess we know how big the popularity of bitcoin is over the others. Being the mother of cypto currency, its value remained awesome from the beginning though it had many obstacles in the Beginning stage. Recent its ATH has drawn in so many investors into it. This says how people are open and confident enough to try crypto currencies. And as all other cyrpto currencies follow Bitcoin's growth, Everyone is investing in bitcoin. The demand and supply of bitcoin raises its trust and its value in the market. Word of mouth played a great role in it as well.
It is not the mother of cryptocurrency there were digital currencies before Bitcoin existed this rose tinted glasses. Bitcoin is good but it is not good because it is the first cryptocurrency it is good because of the technical side of it. 
Being the mother of cypto currency, its value remained awesome from the beginning though it had many obstacles in the Beginning stage. Recent its ATH has drawn in so many investors into it. This says how people are open and confident enough to try crypto currencies. And as all other cyrpto currencies follow Bitcoin's growth, Everyone is investing in bitcoin. The demand and supply of bitcoin raises its trust and its value in the market. Word of mouth played a great role in it as well.
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which is far way more better than with bitcoin in terms of technicalities or utilities but still the people couldnt forget on how this revolutionary market had began because of this coin.
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One of the reasons is technical analysis through history that has happened before until now. History repeats itself and seems to have been agreed upon by many. Therefore it became one that some people believe. Coupled with many large companies, famous people have a role in buying bitcoins. In addition, technological developments predict that in the future, it is possible that there will be no more paper money because it will be replaced by digital money. These signs have already begun to occur and are developing. which is far way more better than with bitcoin in terms of technicalities or utilities but still the people couldnt forget on how this revolutionary market had began because of this coin.
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With Bitcoin itself, it's mostly the fact that you actually don't need to trust anyone. You only need to have trust that the code would work fine. In contrast to banks and finance platforms that can go bankrupt like you said, or can just straight off fuck you up if they wanted to.
With Bitcoin in contrast to other cryptocurrencies, it's simply the fact that Bitcoin has been operating for 10+ years without downtime(besides that one time very very early on). Whereas other cryptocurrencies are yet to prove their sort of "solidness".
Bitcoin does not need anyone trust or rating. Bitcoin had passed through many years of stress and survival and finally scale through this time, now that it had gone far I don't think their is any reasons of looking for numbers of trusts for it to keep moving. With Bitcoin in contrast to other cryptocurrencies, it's simply the fact that Bitcoin has been operating for 10+ years without downtime(besides that one time very very early on). Whereas other cryptocurrencies are yet to prove their sort of "solidness".
Bitcoin is the boss of cryptocurrency and thereby, the trust is already guaranteed, which can not be compared to altcoins which existence happen as a result of Bitcoin dominance in the society attracting more development of new type of altcoins on a daily basis.
Btc has no central body or authority of control, everything is transparent and open to public view, every transaction and wallet in the network can be seen by anyone, tell me why people will not have so much trust un such technology, anyone and everyone is completely free to be part of the system, buy and sell as much as you are able, hodl for as long as you can, demand and supply determines the price, and anybody is free to be part of it, people trust btc because they have control over what they own, btc gives freedom.
With Bitcoin itself, it's mostly the fact that you actually don't need to trust anyone. You only need to have trust that the code would work fine. In contrast to banks and finance platforms that can go bankrupt like you said, or can just straight off fuck you up if they wanted to.
With Bitcoin in contrast to other cryptocurrencies, it's simply the fact that Bitcoin has been operating for 10+ years without downtime(besides that one time very very early on). Whereas other cryptocurrencies are yet to prove their sort of "solidness".
True! Bitcoin has been the oldest and has been successful during the years so this is more reason it got so much trust, people has seen bitcoin go through bad times and still came out successfully, among it it's the first cryptocurrency so altcoins being in existence today is because of bitcoin.With Bitcoin in contrast to other cryptocurrencies, it's simply the fact that Bitcoin has been operating for 10+ years without downtime(besides that one time very very early on). Whereas other cryptocurrencies are yet to prove their sort of "solidness".
In terms of volatility bitcoin seems to be less volatile compared to altcoins, it determines the movement of the crypto market, people feels it safe to invest in bitcoin than altcoins
it can be said that bitcoin investment is a popular business in this century which makes many people flock to invest in the crypto world, especially bitcoin
Now, people already know the big potential of Bitcoin to raise its value constantly in the future. We can see the Bitcoin price history, it has been increasing very much since it was launched in 2009. At that time Bitcoin launched, it has no value, but now the price of Bitcoin can reach more than $60k. People are confident that Bitcoin to have a value of more than $100k in the future with the circulating supply is very limited and the demand always rises. As this adoption will continue, it was expecting prices had come to pump as well. $100k, $200k, are quite possible, who knows right?
We know that its history is increasingly recognized by many people that when Bitcoin was still under, it actually managed to achieve increasing popularity from time to time, especially in terms of investment, this is where Bitcoin becomes more trusted.
Anyhow, over time... Bitcoin is like a new thing that is increasingly seen as having a high potential to reach the future. The level of trust continues to increase because Bitcoin has indeed managed to show its best side, which continues to be in demand because this is indeed a very interesting thing to deepen from the past until now until the various benefits that can be obtained from it.
Anyhow, over time... Bitcoin is like a new thing that is increasingly seen as having a high potential to reach the future. The level of trust continues to increase because Bitcoin has indeed managed to show its best side, which continues to be in demand because this is indeed a very interesting thing to deepen from the past until now until the various benefits that can be obtained from it.
I think bitcoin has trust at the highest level compared to other coins because bitcoin itself has been contributing for a long time and has shown its solidity. added bitcoin to be the largest coin and number 1 in the world maybe this also makes it have great trust from some people. transactions using bitcoin are also fairly easy and fast so it's not wrong if people still place their trust in bitcoin.
Actually, I only think about the value of Bitcoin that mostly will be increasing (although sometimes it is also dropping but at last it will recover and back to rise again.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.
Nowadays bitcoin is becoming a very popular and profitable investment, especially when many people are at home so they are looking for various investments online and find bitcoin, the bitcoin community will continue to increase which makes the price more expensive, there is always an opportunity for profit if we immediately buy.
Bitcoin has succeeded in ensuring anonymity and allowing transactions without the need for a third party such as Amex, Visa, or a certified bank. This is something no other money can do. By far, bitcoin is the best in terms of scale and convenience. Bitcoin is not subject to inflation, interest rates, its value is determined by the number of Bitcoins in circulation. This further increases the reliability of the bitcoin.
I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time
Everything else may disappear completely one day. But bitcoin is not.
I totally agree wit h you, in the past bitcoin has proved it's system to being safe and secured, there have never been any case of hack, and also bitcoin has proven it's self to be a successful form of investment in the long run, if we look at what price has done in the long run then we can truly see it's truly as successful form of investment, and also bitcoin is the oldest among all and the mother of all crypto, so this is more reason why bitcoin got the high level of trust. Everything else may disappear completely one day. But bitcoin is not.
Yes, Bitcoin is now gaining more and more trust. In the past 12 years, no single force can tamper with the data of the Bitcoin network. No one can crack the private key of Bitcoin, and no one can control the Bitcoin network. Humans’ trust in Bitcoin is getting stronger and stronger, so they are willing to store their wealth in the Bitcoin network.
which is far way more better than with bitcoin in terms of technicalities or utilities but still the people couldnt forget on how this revolutionary market had began because of this coin.
I cant really blame out people on having the same or shared up the same view and impression towards BTC.
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.--
Simply put, bitcoin provides proof, not just a promise. after all, the trust gained now goes through a long process. many problems related to regulation etc. but bitcoin is really showing its existence with its ever-increasing price and ever-widening adoption. although it is still a strong warning that bitcoin is an investment with high risk, but more and more people are joining and want to take advantage of financial developments in this modern era.
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.
rather btc has brought a great revolution in virtual currency sphere. it has reached the pinnacle of popularity in a very short time, but it has no regulatory body. so what it’s already build highest level of trust. it has been 11 years since its founded it’s enough time to trust this currency.
if there is no third party involvement, so there is no chance of cheating by third party.
if there is no third party involvement, so there is no chance of cheating by third party.
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