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Topic: Why we must trust with bitcoin? - page 22. (Read 17054 times)

legendary
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August 09, 2016, 01:00:47 PM
#43
Its difficult to explain through quotes why bitcoin needs to be trusted than any other digital currencies. On learning about its true nature user needs to experiment it to know why people need to trust it.
hero member
Activity: 700
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August 09, 2016, 01:00:14 PM
#42
Bitcoin has the highest network effect ever in a cryptocurrency and it will never change unless something out of this world happens, so its not realistic about an altcoin takeover, Bitcoin is king for the rest of our lifes.
sr. member
Activity: 259
Merit: 250
August 09, 2016, 12:40:31 PM
#41
Good points, one of the few ways to have full control over your funds.
sr. member
Activity: 266
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One world One currency, Bitcoin.
August 09, 2016, 12:14:09 PM
#40
we can trust bitcoin because no one is actully controling it so that means no one is controlling our coins.miners are just helping just to verify it so i can do whenever and where ever i want to transact its awesome
legendary
Activity: 1904
Merit: 1074
August 09, 2016, 11:19:31 AM
#39
we should trust bitcoins in order to allow it to grow as people will be putting money into it

You should trust that the people hosting nodes would make the correct decisions in the future, and that the developers will make decisions that are in the best interest of the people using the technology

and not the people who wants to rule the technology. You should trust the exchanges to keep your bitcoins safe, IF you are one of the people using them. The trust is more applicable to the 3rd party

services than the technology.  Roll Eyes
full member
Activity: 174
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August 09, 2016, 11:08:04 AM
#38
People will trust in btc, as long as they make profit with btc. When money stop to come, people will forget about bitcoins, and they will move their attention to other source of income, or fun.
I doubt this will happen like that, bitcoin will be with us for many more years, to not say until the end. I believe in that, and I trust in bitcoin enough. Bitcoin have a lot of potential for big things in future, I see it and feel it, cause of that I spent so much time trying to make some good money with bitcoins.

Believe it or not, but not everyone involved in Bitcoin is just "investor" or trader. Bitcoin is also very usefull form of payment for some. Whatever the purpose for the payment option, without Bitcoin being actually usefull, just "investing" scheme could not work for so long and collapsed long ago similarly to all altcoin pump and dumps.
hero member
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August 09, 2016, 10:51:12 AM
#37
People will trust in btc, as long as they make profit with btc. When money stop to come, people will forget about bitcoins, and they will move their attention to other source of income, or fun.
I doubt this will happen like that, bitcoin will be with us for many more years, to not say until the end. I believe in that, and I trust in bitcoin enough. Bitcoin have a lot of potential for big things in future, I see it and feel it, cause of that I spent so much time trying to make some good money with bitcoins.
legendary
Activity: 1022
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𝓗𝓞𝓓𝓛
August 09, 2016, 10:09:57 AM
#36
I think we should trust on Bitcoin as long as I can, because if we don't trust it which means that we not us it anymore then the price will go down and it will be meaningless to use it. So keep trusting it, and don't stop using it!
hero member
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August 09, 2016, 10:09:15 AM
#35
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

If you are intending to use bitcoin as part of your daily life, then you really need and must trust bitcoin.  Though in the recent news about bitcoin, the one that has recent impact in it is the incident of hacking to one of its known exchange.  It may give bad impression but it wasn't  bitcoin fault but the exchange security.

Those kind of scams will create an negative impression in the minds of those people who wants to enter the bitcoin world, as they will have fear of loosing their money by investing in it.
sr. member
Activity: 268
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August 09, 2016, 10:06:58 AM
#34
we should trust bitcoins in order to allow it to grow as people will be putting money into it
legendary
Activity: 3052
Merit: 1281
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August 09, 2016, 10:05:00 AM
#33
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

If you are intending to use bitcoin as part of your daily life, then you really need and must trust bitcoin.  Though in the recent news about bitcoin, the one that has recent impact in it is the incident of hacking to one of its known exchange.  It may give bad impression but it wasn't  bitcoin fault but the exchange security.
hero member
Activity: 490
Merit: 520
August 09, 2016, 09:57:53 AM
#32
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
It'll still be a while before we get any sort of form of Bitcoin being prominent in our daily life, and until that happens we're going to have to wait and see what we're able to get out of Bitcoin in the meantime. One of the better things you can do is just build up Bitcoin capital (not necessarily through a monetary investment) and hope everything goes well.
legendary
Activity: 994
Merit: 1000
August 09, 2016, 09:46:29 AM
#31
We all who are involved with bitcoin is already trusting bitcoin as most secure cryptocurriencies and have value in real life also with many merchants worldwide accepting bitcoin as well as lots of bitcoin atm where we can exchange bitcoin to fiat easily.
legendary
Activity: 1163
Merit: 1005
August 09, 2016, 09:39:27 AM
#30
Bitcoin are risky investment so you're can decide by yourself to trust or not.
Since I'm bitcoin holder, I trust bitcoin because it can reach better value more than gold on the future
legendary
Activity: 1232
Merit: 1000
August 09, 2016, 09:37:41 AM
#29
why I believe with bitcoin? because for me bitcoin currency is very favorable, and it's been proven, bitcoin has changed a lot of my life. So I will continue to believe with bitcoin to the future.
hero member
Activity: 3178
Merit: 937
August 09, 2016, 09:17:07 AM
#28
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?

I don`t understand what exactly are you trying to say or ask in your thread.

There`s no obligation to trust in bitcoin.Everyone is free to decide wether or not to trust bitcoin.

Learn english OP. Grin
legendary
Activity: 1596
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August 09, 2016, 09:11:04 AM
#27
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
Lol? No one asked you to trust bitcoin. It is your own choice. I don't remember that Satoshi ever promised anything that you will be millionaire in the future if you follow him or anything.
If you have even slightest doubts about bitcoin in general, have any legal issues with it or think it is not worth your time and attention then you are free to go.
hero member
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August 09, 2016, 09:10:42 AM
#26
until when we must trusted bitcoin become part our life?
What are you rambling on about? There is/should be no trust involved in Bitcoin.

I do not think that there is a timline until that bitcoin must have reached a certain level of peoples life.
There is no timeline and there can't be one. It comes down how involved the individual is with the ecosystem.

It's important to remind people that it's out there, and for those who use it, that they keep on using it.
It's rather more important to spread the idea and clear out the misconceptions caused by ignorant/uneducated people.

It's pretty much UP to you , If you want to trust , you trust otherwise just don't.
Bitcoin is not based on trust, it is based on math.

I think he didn't say what he wanted, he expressed wrong. I believe he wanted so say when will btc become the normal thing in peoples lives like buying normal day items with it.

Yes, but that time when people accepts the bitcoina s a valid payment option, so far there are a few business that accept bitcoin, so that time when most of them accept and implement it as the payment option.

Absolutely, specialy after the recent hacking and it's involvment in the black drug market. That gives btc a rly bad name since everyone that I've spoke to he knows the bitcoin from silk road and such deep web sites and yes, it's better to clear up the dust and present it as it it (not ignoring the fact that it can be used for bad stuff just like any other currency)

Everything is based on math, even when you sit on a bus, you somewhere trust the driver but there is achance that you may die in the carcrash that day. Bitcoin is based on math but it should involve a litle trust in it.
hero member
Activity: 700
Merit: 500
August 09, 2016, 09:07:59 AM
#25
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
Until you don't need to writing sentences is content a word bitcoin or no need to visiting in this site again. that's very simple you can trust with bitcoin until you're wanna to trust with them. and if anytime you don't trust with them maybe it's the ending of your story with bitcoin.
Well you might be talking targetting only to a individual or I may not be clear about your views however money is not worth trust whatever or wherever it is or however it exists. A grandfather's $5 kept in a box for his grandchildren becomes worthless but if that money which was a great sum of money during that time could buy him a great fortune that would have worth millions of money to his children but that $5 would hardly be a day's meal for them. So investment should be done from whatever currency we use.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 09, 2016, 08:59:50 AM
#24
Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
Until you don't need to writing sentences is content a word bitcoin or no need to visiting in this site again. that's very simple you can trust with bitcoin until you're wanna to trust with them. and if anytime you don't trust with them maybe it's the ending of your story with bitcoin.
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