How do you feel about the negative reputation of the bitcoin currency? - page 2.

ranochigo

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Crypto Swap Exchange

Quote from: cjmoles on November 01, 2015, 09:54:43 PM

Quote from: ?? on ??

-snip-

Now I'm concerned. So, what you're saying is that there's somebody out there who can attach my identity to my Bitcoin wallet? Or, are you saying that just the transactions on the ledger can be traced back to a device that my wallet was on? Or, the transactions can be traced to an IP that a device my wallet was on was connected to somewhere? None of that changes the fact that bitcoin has a bad reputation but it does make me feel better knowing that at least somebody knows who the bad guys are out there so bitcoin users wont be blamed in toto.

Bitcoin is never designed to be anonymous. They are at most designed to be pseudonymous. They can't be tied to you unless you publicly reveal it. Sybil attacks can risk your identity but Bitcoin Core connects to node that are /16 IP blocks apart which reduces the risk. SPV clients don't do so.

The media saying Bitcoin is bad does create a negative mentality about Bitcoin in the general public if they do not do their own research. This could hinder the adoption rate but isn't too bad as many people would gain a vague knowledge of the existence of Bitcoin.

cjmoles

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Quote from: ?? on ??

It's FUD

"blockchains are anonymous" is what they want you to believe silly Shrem

"We won the war on drugs because of bitcoin"
http://zazzletheory.tumblr.com/post/63465169031/weve-won-the-states-war-on-drugs-because-of

Not so fast Mr. Roberts, bitcoins are transparent

which means indisputable evidence like DNA.

Saying that bitcoin is anonymous is as ignorant as saying that you can get AIDS from a toilet seat.

Now I'm concerned. So, what you're saying is that there's somebody out there who can attach my identity to my Bitcoin wallet? Or, are you saying that just the transactions on the ledger can be traced back to a device that my wallet was on? Or, the transactions can be traced to an IP that a device my wallet was on was connected to somewhere? None of that changes the fact that bitcoin has a bad reputation but it does make me feel better knowing that at least somebody knows who the bad guys are out there so bitcoin users wont be blamed in toto.

Slark

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Quote from: mtnsaa on November 01, 2015, 04:47:43 PM

We can't deny that a huge percentage of Bitcoin market share and movement comes from illegal activities. Also there has been major scandals, cyber heists, etc. I think these two are more than enough to make people afraid of using it, but not because of fear of criminals but because it sounds too complicated and technical to use, and it really is, not for us, but working decimals and weird qr codes . Just using a wallet that you have to keep ultrasafe or it will be hacked is enough to scare off most common folks.

Yeah, Yeah... and more than 90 Percent of US banknotes are tainted by cocaine. You can event see specific data here:

Cities and cocaine
Bills turned up positive for cocaine in these percentages in certain cities:
100 percent: Detroit, Michigan; Boston, Massachusetts; Orlando, Florida; Miami, Florida; Los Angeles, California

88 percent: Toronto, Canada
77 percent: Salt Lake City, Utah
75 percent: Brasilia, Brazil
20 percent: Tokyo, Japan; Beijing, China

CNN Report: http://edition.cnn.com/2009/HEALTH/08/14/cocaine.traces.money/

Omikifuse

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But how transaction spam would be dealed with a giant block size? There are several instances of blockchain adversment spam in the past 2 years.

MrsHash

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Quote from: AtheistAKASaneBrain on October 30, 2015, 02:22:12 PM

It's always good news, everything big starts in the edges of legality. Then suddenly, the mainstream media will slowly become less negative with it. Case in point:

So don't worry, only destination for Bitcoin is success.

Thanks for this info, I am really interesting to read it!

MrsHash

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when we are talking about bad reputation of Bitcoin, it is not completely correct in my opinion. Bitcoin as other money simple cannot be secure for 100% and never will. Because it is money. And the money is one of the reason why people commit crime. people commit lots of crimes because of fiat money, but we are not saying that is a reason do not use them or they are less secure.

mtnsaa

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We can't deny that a huge percentage of Bitcoin market share and movement comes from illegal activities. Also there has been major scandals, cyber heists, etc. I think these two are more than enough to make people afraid of using it, but not because of fear of criminals but because it sounds too complicated and technical to use, and it really is, not for us, but working decimals and weird qr codes . Just using a wallet that you have to keep ultrasafe or it will be hacked is enough to scare off most common folks.

coinzat

sr. member

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Young but I'm not that bold

I do not think that bitcoin is complete anonymous way to send money because addresses might be tracked , and about the bad reputation I think dollar is used in crimes more than bitcoin so do not blame money but blame evil people

DooMAD

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Leave no FUD unchallenged

Quote from: DooMAD on October 30, 2015, 11:18:46 AM

Probably doesn't help when the latest episode of 'The Blacklist' makes reference to Bitcoin with a crowdfunded assassination storyline. Undecided

Maybe they'll do a storyline later about how it saved loads of people from a financial meltdown caused by the bankster cabal (far more dangerous than the cabal in that series). Cheesy

Ugh, just watched 'Blindspot' and they did it too. This time a hacker with a tracking app that follows government vehicles. Two in the same week playing the "darkweb" card feels like an odd coincidence.

Blue_Tiger73

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Bitcoin is pretty much money. Money also has many cases of theft and illegal transactions. Having a bitcoin account is just like having a Bitcoin wallet, they both have the chance of getting hacked and money stolen from. I don't really see these events that harmful to Bitcoin as it happens a lot more to fiat. I've had a great experience with Bitcoin and the community is very helpful. Bitcoin's reputation, to me, is quite good.

AtheistAKASaneBrain

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It's always good news, everything big starts in the edges of legality. Then suddenly, the mainstream media will slowly become less negative with it. Case in point:

So don't worry, only destination for Bitcoin is success.

hikedoon

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This new fangled idea of writing is a terrible idea.It will corrupt the youth,destroy their memory and give them the illusion of knowledge without the ability to comprehend what they are reciting. Tongue

Same old same old.
Hater's gonna hate.

I try not to listen to them. Cool

DooMAD

legendary

Activity: 3948

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Leave no FUD unchallenged

Probably doesn't help when the latest episode of 'The Blacklist' makes reference to Bitcoin with a crowdfunded assassination storyline. Undecided

Maybe they'll do a storyline later about how it saved loads of people from a financial meltdown caused by the bankster cabal (far more dangerous than the cabal in that series). Cheesy

Eastwind

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Quote from: kostya.ash on October 27, 2015, 06:54:05 PM

I sometimes hear that gold is money illegally
it was a bit upset
I am confused, what to tell him know about bitcoin

When the government needs money, it will declare gold illegal and confiscate it. It all depends on the will of the government.

dothebeats

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Cashback 15%

Quote from: addy boy on October 29, 2015, 09:25:38 PM

Bitcoins are an easy and convenient online currency,but some people have gave it negative reputation by using it for porn and selling drugs and gambling,which is illegal and like disrespecting this currency, this is creating a negative impact on people's mind and people feel scared in using btc for transactions and start considering it as unsafe..!!! This negative impact must be looked upon for making btc a worldwide accepted currency.

There is no such thing as disrespecting a currency because currency itself is dirty in the first place. Fiat and bitcoin have no difference when it comes to each being used as a tool to do illegal things. Also, bitcoin is often being tagged as "dirty" simply because the mainstream media love to fuss about it when in the other hand, shady dealings are made too on fiat: it just goes unnoticed most of the time.

1Referee

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Quote from: addy boy on October 29, 2015, 09:25:38 PM

Bitcoins are an easy and convenient online currency,but some people have gave it negative reputation by using it for porn and selling drugs and gambling,which is illegal and like disrespecting this currency, this is creating a negative impact on people's mind and people feel scared in using btc for transactions and start considering it as unsafe..!!! This negative impact must be looked upon for making btc a worldwide accepted currency.

Porn, drugs, gambling and so on, are a always the first markets to use a currency, whether it's Bitcoin or any other fiat currency. This shows how capable Bitcoin is as currency. I don't see it as negative. Look at SilkRoad, it's the first successful merchants with over 1 billion $ worth of transactions. The media is the only negative part, they are simply spreading rubbish about Bitcoin while fiat currency is the all time nr1 when it comes to illigal shit. But you don't here them say fiat this, fiat that. It's always Bitcoin.

CoinThug

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Well I don't fell anything yet, Because I don't have bitcoin.

addy boy

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Bitcoins are an easy and convenient online currency,but some people have gave it negative reputation by using it for porn and selling drugs and gambling,which is illegal and like disrespecting this currency, this is creating a negative impact on people's mind and people feel scared in using btc for transactions and start considering it as unsafe..!!! This negative impact must be looked upon for making btc a worldwide accepted currency.

visual111

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It comes with every new tech. Internet went through the same process; it'll pass as it becomes easier to use and people "get it"

kostya.ash

sr. member

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Merit: 250

I sometimes hear that gold is money illegally
it was a bit upset
I am confused, what to tell him know about bitcoin

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