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Topic: but...but....bitcon is supposed to be free! (Read 588 times)

member
Activity: 252
Merit: 12
August 12, 2018, 12:43:13 PM
#52
Bitcoin has actually a market value because people want to buy it, when nobody will buy bitcoin, then it will have no value and will be free.
newbie
Activity: 140
Merit: 0
Bitcoin is not free, you got it wrong. You either have to purchase it from someone or need to mine it which requires hardware, so you need to spend for that too. The news you shared is about a how square made profit from supporting bitcoin trading. Since they are a trading platform they need to charge people for their services otherwise how would they run their operations?
newbie
Activity: 33
Merit: 0
The link you shared is about a company that made profit from bitcoin trading. You need a platform to buy and sell bitcoin and the company was giving us a platform to do so. They might have charged a very small amount for their service. And you should be clear whether you are mentioning about the price of bitcoin to be free or its transaction cost. If you want free bitcoin then use faucet or mine them. The transaction cost for bitcoin is little and might go lower in the future.
newbie
Activity: 78
Merit: 0
You need to have your idea on BTC clear. It is free and will always be. We just have to attain them from the decentralized market place, HODL, sell when the price rise and enjoy the profit or invest further.
jr. member
Activity: 294
Merit: 1
Bitcoin is a transaction fee free currency we know and it’s a decentralized too. So, it’s free and there are naby way to earn bitcoin.
newbie
Activity: 41
Merit: 0
In crypto market bitcoin is the top listed currency. if you think you will get this coin free i think this is the foolish thinking. Oh yes, if you get free bitcoin i think this valueless with no volume.
newbie
Activity: 448
Merit: 0
starting to invest using BTC coin currency is more special. start and take advantage of the funds you have. download the Geogle Play application is up to you.
legendary
Activity: 2296
Merit: 1014
You are right, bitcon is supposed to be free, but now bitcoin is not completely decentralized, there are many big whales that may be controlling their prices, which is inevitable, but I believe there will be one day bitcoin Can really achieve decentralization.
It need people cooperation to be trully decentralized and human flaws like greed and lust for power will make it REALLY REALLY hard.
That aside, even whale have reasons to not use his power against bitcoin since its whale wealth also.
jr. member
Activity: 98
Merit: 1
Bitcoin is the safest and decentralized, there is no control over it. It is made with advanced blockchain technology. Bitcoin Free I dont Know It's Unknown But I would like to know more about this.
member
Activity: 176
Merit: 10
You are right, bitcon is supposed to be free, but now bitcoin is not completely decentralized, there are many big whales that may be controlling their prices, which is inevitable, but I believe there will be one day bitcoin Can really achieve decentralization.
newbie
Activity: 100
Merit: 0
Bitcoin is the most popular and widely used in the crypto market. Due to decentralization of bitcoin there is no regulation here. Even this is beyond the control of the government. I do not know how to make Bitcoin free. I was curious about the matter. Thank you for sharing the link. But I want to know more about this.
newbie
Activity: 242
Merit: 0
Bitcoin is free. Along with, there are decentralized commercial centers where you can visit to purchase bitcoin on and not further these concentrated expenses paying banks. In any case, these aren't utilized, and it's truly basic on why these aren't utilized. Bitcoin is continually going to be free, however, it's insane to surmise that private endeavor will offer you bitcoin without profiting on the deal.
newbie
Activity: 252
Merit: 0
Bitcoin is free market for the people. It’s a popular currency over other currency . Its transaction cost is very low but the government charge fee for bitcoin because its decentralized currency they are concerned about the use of bitcoin. Overall a fee is required for bitcoin which is very low .
newbie
Activity: 29
Merit: 2
Aside from faucet wherein you can have small portion of Bitcoin but you can't withdraw at all or either the transfer transaction is around 3 months and more.... I don't hear people giving free Bitcoin for free..
newbie
Activity: 266
Merit: 0
Literally, it was BTC which was really supposed to be free. Satoshi Nakamoto while launching BTC, wanted it to be a peer-to-peer currency system based on electricity which was not to be transacted through any third party, but now There are many.
newbie
Activity: 40
Merit: 0
Yes! Bitcoin is free!! Because it operates in a decentralized market place, where you can visit to buy BTC without paying fees like centralized market. It has simply power to the people. So. BTC is always going to be free!
newbie
Activity: 48
Merit: 0
Free Bitcoin is hard to gain. Anything that comes free does not own a value in the long run. For earning Bitcoin, we need to invest more in the cryptocurrency market. Also, the title and the link of your post does not match.
newbie
Activity: 53
Merit: 0
well, it seems you are very shocked but nothing is free in this world right so how can we expect that bitcoin will provide us free service and of course if you want free survive then it will be more time consuming and less qualified
newbie
Activity: 48
Merit: 0
BTC is one of the good coin in market also it is supposed to be free because this market is fully decentralized so anyone can invest here and take its benefits.
newbie
Activity: 47
Merit: 0
Yes it is true that bitcoin is free as crypto market is decentralized and anyone can buy Bitcoins by visiting the market. But the one thing Bitcoin as well as crypto market is unable to provide is security of investment which assured by centralized financial markets most of which governed by the Govt.
newbie
Activity: 294
Merit: 0
Bitcoin has great advantage that it’s free to transection. So it’s preferable for some people who want to get rid of transection fee. They prefer BTC instead of fiat.
newbie
Activity: 56
Merit: 0
Bitcoin suppose to be free and this is free actually if we think about market this market is fully decentralized based on this you can buy this anytime also there is no barriers.
newbie
Activity: 227
Merit: 0
I've never heard that bitcoin is supposed to be free! From my knowldege I've always known that bitcoin was created for a decentralized currency system! Never for free!!
jr. member
Activity: 98
Merit: 1
Bitcoin is crypto currency. A vast amount of internet transactions is depending on it. So bitcoin to be free is right now might be too late to happened as it is connected to lot of financial activities and people
newbie
Activity: 47
Merit: 0
Hypothetically you are right. But in reality making bitcoin free will free up a lot of people’s pocket who deal business with bitcoin and they can’t buy anything free. So its not a very good option for them bitcoin to be free
newbie
Activity: 196
Merit: 0
There is a site called free bitcoin in which you can earn free bitcoins in every hour without any kind of investment. You can search for some more information.
newbie
Activity: 98
Merit: 0
Yeah I also think it is free because of its large number of users who are enable to transact currency and they can also earn bitcoins by mining bitcoins.
newbie
Activity: 222
Merit: 0
If bitcoin transaction becomes free that will be great, but we know that those organizations need to run their business, they have to pay their employees and many things need to run a business. I wish if transaction fees become little less than nowadays.
newbie
Activity: 77
Merit: 0
Free things never get proper value in this world. Though some people expect to get free things but they forget, no any big things are getable with free staffs.
newbie
Activity: 112
Merit: 0
It’s totally inappropriate to wish to get bitcoin completely free. As we know that some private companies sell it and make their revenue.
newbie
Activity: 84
Merit: 0
These types of posts are published just to seek the attention of the people. This is not true that you will get the bitcoin free. Then there is no use of those people who are involved with bitcoin.
newbie
Activity: 98
Merit: 0
Bitcoin is the cryptocurrency that follows the rules and regulations of the government. There is no way of getting it for free. Because they do a lot of things to attain the people to invest in bitcoin by giving them profit. So, the post is fake.
legendary
Activity: 2296
Merit: 1014
BECAUSE THERE IS NO VOLUME, and people would much rather have the safety of a brand and  a centralized exchange who is most likely regulated by the government. Bitcoin is always going to be free, but it's crazy to think that private enterprise is going to sell you bitcoin without making money on the sale.

Exactly, companies have their own difficulties, regulators, employes, salaries, renting operation space, renting servers etc.
All this point to that they must make some money.

Bitcoin itself will always be free, but everything around bitcoin people offer, they want money for their services.
newbie
Activity: 102
Merit: 0
How bitcoin is supposed to be free? You have to earn it by spending your time, or you need to mine or you can exchange your fiat money to buy bitcoin.
member
Activity: 149
Merit: 34
💡 Websites, scripts for BTC web4crypto.xyz
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, decentralized exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.

All the above  (Localbitcoins, bitcoinATMs) are perfect examples of centralized exchanges (Bisq might be the exeption, but who the hell uses them?). I don't really understand why you think they're decentralized exactly..? Just because they (Localbitcoins, liberalcoins) allow P2P trading?

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without need for KYC (no government ID required)

And yet you list LBC, where KYC is a necessity...

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and without risk that your funds will be frozen for arbitrary reasons.

LBC can freeze your account, your funds anytime they want, and have done so in the past. I don't think liberalcoins is any different..(With the exception of forcing KYC on customers.)

I used localbitcoins 2 months ago without KYC but it was low-volume. If it changed recently, I will remove LBC from the list. If you withdraw funds immediately after exchange, you should be safer. Yes I meant to write p2p not decentralized, I will update the post.
jr. member
Activity: 127
Merit: 6
Now how do you plan to cover mining costs?  I don't know how you came up with this idea, but obviously you have no clue what Bitcoin is and how it works.
member
Activity: 252
Merit: 12
If everyone can get the bitcoin for free, then it's value is simply 0 and have no market cap.
member
Activity: 173
Merit: 10
If Bitcoin is called a free coin, what does it mean? No one cares about a free or cheap item. I hope Bitcoin can overthrow those greedy governments and banks, but Bitcoin should have a certain value!
legendary
Activity: 1946
Merit: 1427
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, decentralized exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.

All the above  (Localbitcoins, bitcoinATMs) are perfect examples of centralized exchanges (Bisq might be the exeption, but who the hell uses them?). I don't really understand why you think they're decentralized exactly..? Just because they (Localbitcoins, liberalcoins) allow P2P trading?

Quote
without need for KYC (no government ID required)

And yet you list LBC, where KYC is a necessity...

Quote
and without risk that your funds will be frozen for arbitrary reasons.

LBC can freeze your account, your funds anytime they want, and have done so in the past. I don't think liberalcoins is any different..(With the exception of forcing KYC on customers.)
member
Activity: 149
Merit: 34
💡 Websites, scripts for BTC web4crypto.xyz
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, p2p exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.

Edit: Changed decentralized to p2p
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
but...but....bitcon is supposed to be free!   for da people, brah!!   
and overthrow those greedy government fee charging banks!!!
 
https://www.zdnet.com/article/square-has-made-37-million-supporting-bitcoin-trading/
 

Bitcoin is currency and how can you get the currency for free? You need to do some efforts for earning the currency.
Everyone is free to earn the currency (bitcoin) but not entitled to get it free.

They are providing service so they will earn from it or do you want to say anybody provide services in "Bitcoin" should not earn anything?
If you thinks so ,then you are wrong because Bitcoin are generated as an incentive (earning) to the miner.
legendary
Activity: 2464
Merit: 3158
but...but....bitcon is supposed to be free!   for da people, brah!!   
and overthrow those greedy government fee charging banks!!!
 
https://www.zdnet.com/article/square-has-made-37-million-supporting-bitcoin-trading/
 

The techno is free and open source, but some will always make profit.

air is free, but there are people selling canned air in Shanghai.
However bitcoin enables individuals to have more control over their funds. Much more than with banks. Smiley
newbie
Activity: 53
Merit: 0
What do you want to say by throwing this kind of incomplete text and you should mention what is the link about because without knowing no one will gonna see.
newbie
Activity: 168
Merit: 0
All Bitcoins are free but Bitcoin is much lower. You can also get Bitcoins for free if you join the bitcoin team. Charge from your accomplishment
sr. member
Activity: 574
Merit: 250
but...but....bitcon is supposed to be free!   for da people, brah!!   
and overthrow those greedy government fee charging banks!!!
 
https://www.zdnet.com/article/square-has-made-37-million-supporting-bitcoin-trading/
 
I understand your frustration right now and you're discouragement but I can say to your encouragement that we need some time to pass with that, the fact that bitcoin is low right now is not the end for it.
hero member
Activity: 3164
Merit: 937
Nothing in this world is free.You can't get value for free.
I guess you mean that bitcoin transactions are supposed to be free,not bitcoin.In the begining,many newbies were tricked to believe that bitcoin transactions will have little to zero fees.I guess that's why you are frustrated and you make this post.That article about square isn't relevant to your post,by the way.
full member
Activity: 256
Merit: 100
"Supposedly," which is technically true... if you are willing to buy a very high end computer to mine bitcoins which takes long, and that costs electricity.

Worth it? Yes. Practical? Up to you.
newbie
Activity: 32
Merit: 0
Free things will take a lot of time and effort. What to spend money to earn their own.
member
Activity: 180
Merit: 10
but...but....bitcon is supposed to be free!   for da people, brah!!   
and overthrow those greedy government fee charging banks!!!
 
https://www.zdnet.com/article/square-has-made-37-million-supporting-bitcoin-trading/
 

basically we have to be smarter and more knowledgeable to get results because there is nothing free there all must be paid for !!
legendary
Activity: 3472
Merit: 10611
your title and post are both wrong. bitcoin was never supposed to be free. this is not a giveaway, go read the bitcoin paper. you either gain bitcoin by "spending" your computing power or in other words when you mine bitcoin or when you sell your fiat for bitcoin. for the later you need a place to meet others and come to terms for a trade, that "place" where you meet is an exchange and it asks for a small fee to offer that service. it doesn't have anything to do with bitcoin being free or not. and there is absolutely nothing wrong with it. if you don't like it then don't use it, it is not the only method of "selling your fiat for bitcoin"!
full member
Activity: 490
Merit: 100
You should have to be more active in finding the free one because all of that needs time and knowledge to get results and basically nothing is free there must be paid !!
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
I've never understood these types of posts at all. Bitcoin is free, and that is true. And there are decentralized marketplaces which you can visit to buy bitcoin on and not further these centralized fee paying banks. But these aren't used, and it's pretty simple on why these aren't used.

BECAUSE THERE IS NO VOLUME, and people would much rather have the safety of a brand and  a centralized exchange who is most likely regulated by the government. Bitcoin is always going to be free, but it's crazy to think that private enterprise is going to sell you bitcoin without making money on the sale.

They have the infrastructure, advertising, employees, and so on to employ. They have investors to please. They're not going to do anything for free and it's foolish to think this.
jr. member
Activity: 44
Merit: 1
but...but....bitcon is supposed to be free!   for da people, brah!!   
and overthrow those greedy government fee charging banks!!!
 
https://www.zdnet.com/article/square-has-made-37-million-supporting-bitcoin-trading/
 
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