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Topic: Why we must trust with bitcoin? - page 18. (Read 17054 times)

hero member
Activity: 1148
Merit: 500
August 23, 2016, 12:30:49 AM
Trust is necessary in order for bitcoin to succeed and progress, the system is great and it can give benefits to both the investors and the actives users in transaction online so we just need to trust this one as it is the only thing that makes stable because it is decentralized and we have no assurance to get our money back once lose in value or stolen.
Ofcourse trust is necessary. Thats why bitcoin survives many years. We experienced its ups and downs. Without our support, bitcoin will never survive. Its a vital role for us to make bitcoin more valuable. We should introduce bitcoin to others and make bitcoin more popular.
hero member
Activity: 1008
Merit: 540
August 23, 2016, 12:21:19 AM
In my case, when im a newbie, i gave my full trust to bitcoin because my friends says that i can earn money through bitcoin and yeah, i really earn money but then i got scammed. but i think, it is part of the business. then i trusted again and learn from my mistakes. i trusted bitcoin again and now, im earning for my everyday. food, load and even gadgets if i want too. i just trust bitcoin because it gave me a lot.
hero member
Activity: 952
Merit: 500
August 21, 2016, 07:50:28 AM
Trust is necessary in order for bitcoin to succeed and progress, the system is great and it can give benefits to both the investors and the actives users in transaction online so we just need to trust this one as it is the only thing that makes stable because it is decentralized and we have no assurance to get our money back once lose in value or stolen.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 21, 2016, 06:38:56 AM
I think bitcoin is a better alternative as investment (to hold), but I agree that as a currency, to use daily, fiat is still a better option.

Yeah, although bitcoin good for investment but also has the function as the currency in general. And I agree with you using a fiat for daily needs is a good choice and easy to do. thanks
klf
legendary
Activity: 1344
Merit: 1000
August 21, 2016, 02:52:58 AM
With bitcoin you have freedom of choice, with banks you have only rules..

Everything that Gives you freedom or at least talking about it deserve your full attention!

I do agree that with bitcoins we have freedom but in this world, with bitcoins, we can't buy whatever want unless we convert them back to fiat currency. As of now without fiat currency, we can't purchase anything at least in my country, and bitcoins are used only in gambling and some other businesses. But I use bitcoins to grow my money by trading bitcoins and so for it has given me very decent profits from my all trades.
sr. member
Activity: 420
Merit: 250
August 21, 2016, 02:44:17 AM
Because every people out there also trust bitcoin and i already use bitcoin around 2-3 years and no problem with bitcoin until now. I'm sure everyone trust the bitcoin.
sr. member
Activity: 364
Merit: 250
August 21, 2016, 02:33:01 AM
Yes we must trust bitcoin, just imagine you put youre investation in something that goverment can't rule it. If you put an investment in USD or EURO the price will go down or up by central authority like ECB or the FEDERAL RESERVE.
I consider bitcoin as an amazing technologi,unique and easy to use too. We can perform various financial transactions with ease. We must trust with bitcoin because we are going to the future that bitcoin will replace real money. Bitcoin is gaining its popularity now. It's positif.
sr. member
Activity: 462
Merit: 250
August 21, 2016, 02:19:53 AM
you don't have trust it, but personally  i want to trust bitcoins

I have a proof to trust bitcoins. We have experienced a month back bitfinex crisis and even after that there is no dent in the progress of bitcoins. It means this coin has a great future.

When bitfinex crises happened that time was going low but after some days It become stable and it's now being around 550$ plus,  sonna after November price will cross more than 700$ according to my speculation.
sr. member
Activity: 308
Merit: 250
August 21, 2016, 02:11:03 AM
With bitcoin you have freedom of choice, with banks you have only rules..

Everything that Gives you freedom or at least talking about it deserve your full attention!
legendary
Activity: 1666
Merit: 1001
August 21, 2016, 02:10:51 AM
I think you can trust bitcoin for the next 5 to 10 years, now its the blooming time for bitcoin, slowly but sure bitcoin has make appearance to the world and now its the perfect time to invest into bitcoin, if the user is keep on active promote and using bitcoin we can see bitcoin dominate the world
full member
Activity: 126
Merit: 100
August 21, 2016, 02:07:42 AM
It's your choice to trust it or not, but it is a better alternative than fiat.

Yeah, bitcoin is alternative other than fiat. But I think bitcoin not better than fiat. Because between fiat and bitcoin are the two things are the same but different. So you can not contrasting. It's better if you keep using fiat, and balanced with bitcoin as your investment. hehe

I think bitcoin is a better alternative as investment (to hold), but I agree that as a currency, to use daily, fiat is still a better option.
hero member
Activity: 910
Merit: 500
August 21, 2016, 01:56:04 AM
Well first i dont really understand what are you trying to say. What i only understand is that i must trust bitcoin because i can simply has the capability of earning while im home and aside from that bitcoin is been in the industry for i think almost 1 decade? Correct me if im wrong

Me too, I can earn even if I'm just at home so I trust bitcoin also. It's been existing for a decade and its price rise tremendously from the day it was created attracting investors and a possibility that its price will continue to rise because it is limited so I trust that many will be interested in it in the long run. Once big shops start to offer it as payment option, many will be curious and might get involved in the bitcoin world. 

Right during summer in our place when i first started bitcoin i can remember that i think the price is still at that time is i think $350-$400. But now as we can see bitcoin price is $580-$650 the price almost doubled
sr. member
Activity: 644
Merit: 261
August 21, 2016, 01:50:46 AM
Well first i dont really understand what are you trying to say. What i only understand is that i must trust bitcoin because i can simply has the capability of earning while im home and aside from that bitcoin is been in the industry for i think almost 1 decade? Correct me if im wrong

Me too, I can earn even if I'm just at home so I trust bitcoin also. It's been existing for a decade and its price rise tremendously from the day it was created attracting investors and a possibility that its price will continue to rise because it is limited so I trust that many will be interested in it in the long run. Once big shops start to offer it as payment option, many will be curious and might get involved in the bitcoin world. 
hero member
Activity: 910
Merit: 500
August 21, 2016, 01:33:11 AM
Well first i dont really understand what are you trying to say. What i only understand is that i must trust bitcoin because i can simply has the capability of earning while im home and aside from that bitcoin is been in the industry for i think almost 1 decade? Correct me if im wrong
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 21, 2016, 01:29:40 AM
It's your choice to trust it or not, but it is a better alternative than fiat.

Yeah, bitcoin is alternative other than fiat. But I think bitcoin not better than fiat. Because between fiat and bitcoin are the two things are the same but different. So you can not contrasting. It's better if you keep using fiat, and balanced with bitcoin as your investment. hehe
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
August 21, 2016, 01:21:52 AM
you don't have trust it, but personally  i want to trust bitcoins

I have a proof to trust bitcoins. We have experienced a month back bitfinex crisis and even after that there is no dent in the progress of bitcoins. It means this coin has a great future.
full member
Activity: 126
Merit: 100
August 21, 2016, 01:15:02 AM
It's your choice to trust it or not, but it is a better alternative than fiat.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
August 18, 2016, 12:54:18 PM
Because it is a currency able to solve many problems encountered in fiat. Also you have the convenience of fast and secure transactions and real control over your own funds.

This is one of the feature of bitcoin why you have to use it.  You don't need  to trust it if you are still new, you can try it and see for yourself if you can trust bitcoin like majority of people in this forum.  As a currency, you can use and buy items with it, so if you have bought bitcoin and very uncomfortable holding them afraid that it might decline in value, you can spend it and buy items you like in a store that accept it.
member
Activity: 70
Merit: 10
August 18, 2016, 12:34:45 PM
Because it is a currency able to solve many problems encountered in fiat. Also you have the convenience of fast and secure transactions and real control over your own funds.
full member
Activity: 175
Merit: 100
August 18, 2016, 12:31:16 PM
If you don't trust in the money that you are using then what can you trust? Embarrassed
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