i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
I think bitcoin completely anonymous. if you do not publish your bitcoin address to the public. would not know if the address it is have your name. bitcoin is very secure and confidential 
Topic: What "facts" you heard about Bitcoin is not true? - page 10. (Read 6930 times)
When I started using Bitcoin, I thought Bitcoin transactions cannot be traced. I believe this was what I read from a few Bitcoin related site back in 2012/2013.
As I get to know more and more about Bitcoin, I found out that it is not true. Technically, it can be traced from the Blockchain. Ones need to use a Bitcoin mixer before he/she can be "anonymous".
What "facts" have you heard about Bitcoin that is not true - other than the price?
I don't get the point here. what do you mean "fact" that is not true? fact is thing that is true, exist, can be proved. if it's not true, then it's not a fact.As I get to know more and more about Bitcoin, I found out that it is not true. Technically, it can be traced from the Blockchain. Ones need to use a Bitcoin mixer before he/she can be "anonymous".
What "facts" have you heard about Bitcoin that is not true - other than the price?
if you meant something I heard that is not true, I've heard that the fee is cheap, but the fact said it depends on the price and how long we will wait for transaction.
I thought bitcoin transactions are free...
but turn out they require a fee...
Yeah me too. When I started out with Bitcoin doing faucets and signature campaigns, I thought that the fees were free because I never made transactions and had no idea about it.but turn out they require a fee...
I thought bitcoin transactions are free...
but turn out they require a fee...
Yeah me too. When I started out with Bitcoin doing faucets and signature campaigns, I thought that the fees were free because I never made transactions and had no idea about it. but turn out they require a fee...
When I started, shops accept Bitcoin keep popping up, there were Bitcoin ave, meaning every shop in that street accept Bitcoin. I thought Bitcoin will take over the world, at least I can go to another country spend bitcoins, no need to exchange currency. Well, after two years, this is not true yet.
lol do you think gold could grow only with the near future? and what do you think the baby has started to talk a lot when the age of 2 years?it took a long time to bitcoin could take over the world dude. bitcoin age was too young for it. new 7 years. you can not expect much more today. but you will see great things from bitcoin in the future. trust me
When I started, shops accept Bitcoin keep popping up, there were Bitcoin ave, meaning every shop in that street accept Bitcoin. I thought Bitcoin will take over the world, at least I can go to another country spend bitcoins, no need to exchange currency. Well, after two years, this is not true yet.
i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
Well technically it is anonymous unless someone watches more than one of your transactions, and they know the identity of one of the people you sent money to.It isn't as anonymous as I would want to say it is, but it isn't really anything weak either.
i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
First I heard about Bitcoin I thought buying an Asic was a sure thing to guarantee you a profit but it was just another lie for them to take your hard-earned money.
For me, the "fact" that bitcoin transaction is instant is a partial "truth". In fact, the confirmation time is about 10 minutes and during the so-called stress tests it will become longer.
yeah many people who claim superiority bitcoin is the speed of transactions. and when other people try. they protested at having to wait several minutes to get a first confirmation. even up to several hours At that time nobody even bothered to trace transactions one by one because those years were the dawn of bitcoin.
But what generally happened after so many big scams is that people started a technique for tracing them. That is why people now call it pseudo anonymous.
But you can obviously make it anonymous if you constantly convert your bitcoins to altcoins and back to bitcoins. (i,e, altcoin trading)
But what generally happened after so many big scams is that people started a technique for tracing them. That is why people now call it pseudo anonymous.
But you can obviously make it anonymous if you constantly convert your bitcoins to altcoins and back to bitcoins. (i,e, altcoin trading)
You can still be traced with the cooperation of the exchanges, and do not be surprised if the exchanges are already p0wn3d by the NSA etc. via the zero day exploits they have.
If you look at the security of a lot of exchanges, at least historically it wasn't very good. Not too much of a challenge for a state level adversary.
Mining is decentralized.
It's not, it started that way but reality is there are a few large players.
I hope p2pool can help decentralize it again.
I'm kind of hoping after the block halving that some miners will leave and that specialized mining hardware will drop in price, allowing more people to use p2pool. We'll see.
It's not, it started that way but reality is there are a few large players.
I hope p2pool can help decentralize it again.
I'm kind of hoping after the block halving that some miners will leave and that specialized mining hardware will drop in price, allowing more people to use p2pool. We'll see.
This infographic:
http://miguelmoreno.net/wp-content/uploads/2013/05/fYFBsqp.jpg
Since addresses only have 160 bits, this graphic is quite incorrect.
http://miguelmoreno.net/wp-content/uploads/2013/05/fYFBsqp.jpg
Since addresses only have 160 bits, this graphic is quite incorrect.
Bitcoin is dead.
of course it will not happen. The only issue that is exhaled by parties who are not responsible and by the newcomers were scared. so it will not happen When I started using Bitcoin, I thought Bitcoin transactions cannot be traced. I believe this was what I read from a few Bitcoin related site back in 2012/2013.
As I get to know more and more about Bitcoin, I found out that it is not true. Technically, it can be traced from the Blockchain. Ones need to use a Bitcoin mixer before he/she can be "anonymous".
What "facts" have you heard about Bitcoin that is not true - other than the price?
As I get to know more and more about Bitcoin, I found out that it is not true. Technically, it can be traced from the Blockchain. Ones need to use a Bitcoin mixer before he/she can be "anonymous".
What "facts" have you heard about Bitcoin that is not true - other than the price?
This fact that bitcoin was pseduo-anonymous, was known in 2008 already (http://www.bitcoinisnotanonymous.com/). I dont know how it went on for so long, and still is going, that Bitcoin is anonymous.
But other than anonymity, other fact that ppl are confused is that bitcoin is fungibile. It is not: http://www.bitcoinisnotanonymous.com/#bitcoin-fungibility-01
At that time nobody even bothered to trace transactions one by one because those years were the dawn of bitcoin.
But what generally happened after so many big scams is that people started a technique for tracing them. That is why people now call it pseudo anonymous.
But you can obviously make it anonymous if you constantly convert your bitcoins to altcoins and back to bitcoins. (i,e, altcoin trading)
But what generally happened after so many big scams is that people started a technique for tracing them. That is why people now call it pseudo anonymous.
But you can obviously make it anonymous if you constantly convert your bitcoins to altcoins and back to bitcoins. (i,e, altcoin trading)
Bitcoin is dead.
That's what I thought too when it went crashing down many times before in the past. I think Bitcoin has long term potential. If only the devs start putting in some work and stop being so damm lazy.
I thought bitcoin transactions are free...
but turn out they require a fee...
but turn out they require a fee...
This is even shown in the video "What is Bitcoin v1" on youtube here : https://www.youtube.com/watch?v=Um63OQz3bjo
Pic here with subtitle :
Fees are used to prioritize a transaction, and have no effect on whether you can send he transaction or not. It's just the norm because everyone tries to prioritize their transactions at once.
The miners usually take the fees to speed up the transaction.
I thought bitcoin transactions are free...
but turn out they require a fee...
but turn out they require a fee...
This is even shown in the video "What is Bitcoin v1" on youtube here : https://www.youtube.com/watch?v=Um63OQz3bjo
Pic here with subtitle :
Fees are used to prioritize a transaction, and have no effect on whether you can send he transaction or not. It's just the norm because everyone tries to prioritize their transactions at once.
I thought bitcoin transactions are free...
but turn out they require a fee...
but turn out they require a fee...
This is even shown in the video "What is Bitcoin v1" on youtube here : https://www.youtube.com/watch?v=Um63OQz3bjo
Pic here with subtitle :
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