Topic: 10 Things Bitcoin Won’t Tell You (Read 2322 times)

Interesting if stale points, but I just gave them ten pages-worth of ad revenue and I feel dirty.

42 Coded into the blockchain multiple times
Although the meaning of life would never be something so ridiculous better ask SIRI about it and get the quote about chocolate or something 

The meaning of life?

Interesting if stale points, but I just gave them ten pages-worth of ad revenue and I feel dirty.

Firstly bitcoin is not a person
Secondly any info about bitcoin is open to anyone simply by visiting google or jumping on tor.

They made most of these claims without really backing them up with a good argument or actual proof. I agree that we should try to do something about this sort of thing though: whether it's true or mostly garbage (which it is, tbh), it does affect how people see Bitcoin.

I gave you 1 time hit.

This is spam. Look at his post-history, there are a lot just only-link topics on this strange site.

Worthless FUD. Almost as worthless as most of your "precious" metals will soon be.

 Any self-respecting bitcoiner has already seen every one of these fears parroted by some other clueless idiot 900 times.

I hate it when people start a thread with a link and not context or comment. I've already decided to click on the thread link to read whatever is on topic and then I'm told to go to another link!??

It's a waste of our time! It's damn near spam!

I wouldn't consider doing damage to sites that have these kinds of lists but I do agree that they are very annoying and really only exist to generate ad revenue.

It's an ok list, but I think there could be some things they could have improved on.

Seems like the covered their bases, however.

bitcoin can change anything . they can go high they can go super low . but for this year . bitcoin in good way its mean in middle price before . and calm many prediiction will touch more 2k end  of this year .
just hopes thats will happend

Hmmm got me curious admittingly enough

So what I took from this was that its still early in Bitcoins game so these stats are normal.
In other news Overstock got a good reaction from the stock market today 
http://www.sltrib.com/sltrib/money/58224090-79/com-income-overstock-company.html.csp

10 things I like

1 currency value escalates due to userbase acceptance
2 no mrrchant approval digital trade
3 anyone can have a wallet
4 no fees to send to any wallet
5 no fees to receive
6 anonymous digital trades
7 decentralized
8 its new industry
9 its first possible global currency
10 huge value growth

Yeah it's effectively clickbait and stupid as hell. I mean if they're on the side of a competitor of Bitcoin, what do people expect? It's just natural that they try to point out bad sides, whether they're legit or made up.

current estimates say that less than 1% of the world is using bitcoin, or atleast hoarding it. if even the 6% of people moved from gold to bitcoin... that would cause a ripple effect that would bring bigger bitcoin growth (point one in article harris report) if 21% move to use bitcoin instead of fiat (point 1 GfK) again thats a massive movement over to bitcoin.

and just like many things, when one person moves over they will tell 10 of their friends about how great it is. even if 10% (1 friend) also makes the move, and tells 10 of their friends, eventually those other 90% of people would have heard about bitcoin from more then 1 friend, eventually causing more and more people to move into the bitcoin ecosystem.

it takes time but the 'early adopter' stage is not over yet, so dont worry, its still early.. (the over-hype is due to it still being new, yet the hype is still good as its worth hyping about)

volatility is not the problem of bitcoin but the problem of FIAT. if i hold just 1btc (dont worry i got more but shhhh) today 1btc can buy me 350 loaves of bread, in 5 years time i know i can still buy 350 loaves of bread (in actual fact it will be alot more, but shhh). where as if i held £350/$600 as cash. in 5 years time i wont be able to buy 350 loaves of bread

fertile ground for fraud?, paypal has done more 'chargebacks' due to the scammer kings, card cloning has done more fraud due to the ATM thieves, pic pockets, blackmailers, etc. i can list 100 ways that people are defrauding other fiat holders daily. yet bitcoin fraud is lower. you simply get to hear about it more often when it dos happen

software system can cost you money? the mtgox issue was not a software problem. it was a greedy operator blaming someone else.. hmmmm and on lets talk about JP morgan, and all the other stuff around 2007 that made lots of peoples mortgages suffer, how many people got affected by the FIAT crash of 2007

bitcoin security is about owning your own money. thefts and fraud only seem to happen when you BLINDLY and WITHOUT due diligence, hand your money to others to look after for you. that is not what bitcoin is about. so dont blame bitcoin for the mtgox event, blame human decision

fees low but not for long.
in some, well more then some this is true. pool mining owners, who make the ultimate decisions in their pool code are being gredy and ignoring transactions on purpose. forcing people to pay extra.. if only they had a lesson in economics to hoard coins rather than selling at a loss. then they could easily make the demand rise that causes a price rise to be their compensation for the mining costs. rather than demanding to be paid an extra subsidy for shooting themselves in the foot

point 9
the silly guy had a botnet or some trojan on his system, i bet you he downloaded a piece of software from a non legitimate source. again thats a human problem, not bitcoin

point 10
bitcoin is not as flawed as the article suggests, but people are. with the rigt training and opening peoples eyes they will see that bitcoin is better than propaganda suggests. IF its used properly. again its the human aspect that is the probem

The thing I like the most about bitcoin is how radical and innovative it is, it takes away the secrecy in banking and is open to anyone regardless of credit rating or financial situation.

What it does, it does with simplicity that most people of average intelligence can understand if they really want to.

It's beautiful, it's just really beautiful.

Even if it is an altcoin that I end up using for most real-world purchases (as I suspect will be the case), bitcoin started the revolution and in a beautiful way.

point to add : many P2P file software are in alpha stage ... but work flawless in air since 15 years (ed2k protocol).

10 things I like

1 currency value escalates due to userbase acceptance
2 no mrrchant approval digital trade
3 anyone can have a wallet
4 no fees to send to any wallet
5 no fees to receive
6 anonymous digital trades
7 decentralized
8 its new industry
9 its first possible global currency
10 huge value growth