Topic: What "facts" you heard about Bitcoin is not true? - page 2. (Read 6930 times)
I heard a rumor that bitcoin is illegal and is used for illegal activities, but after joining this forum I found that bitcoin is only beneficial to users and it is a good way to earn money and gain knowledge and find out that whatever I heard is completely wrong.
I mostly heard Bitcoin will die..but i think it is the wrong fact. Bitcoin will stay forever.
nothing in this world can stay forever. what if in the future someone develops a supercomputer and it ends what is called bitcoin now ? you better say bitcoin will not die soon
that it is anonymous, fast, for free, everybody accepted by everobody with at least one brain cell and easy to use..
I mostly heard Bitcoin will die..but i think it is the wrong fact. Bitcoin will stay forever.
That's right bitcoin now is very competitive and another investor invested into it.
If you know Steam / Valve they are now accepting bitcoins and soon many stores will adopt it.
I still don't know if it's true, or not, but I heard that the CEO of bitcoin was arrested for running a ponzi scheme. That might be able to explain why we don't hear anything from the CEO here anymore but....I definitely think that if the CEO was arrested, then it was a false arrest to prevent its adoption because bitcoin is definitely not a ponzi scheme anymore.
I have heard people say that Bitcoin is going to reach its maximum quantity by 2040. But it should be 2140... I am having my bitcoins in ANXBTC and it works well with me.
I didn't hear but i see here on this forum people believe that BTC is only good coin that will be worth millions in the future..This is daydreaming, Bitcoin had its rise and we could be very happy if it stays like this.
Also competition wont kill it but it won't be only one king. Also we will have more chances to earn more money with new coins instead with bitcoin.
Also competition wont kill it but it won't be only one king. Also we will have more chances to earn more money with new coins instead with bitcoin.
I mostly heard Bitcoin will die..but i think it is the wrong fact. Bitcoin will stay forever.
Recently I saw a comment on another forum that Bitcoin will make people rich overnight which is not true at all. There is no free lunch in life and even with Bitcoin one has to work towards securing their profit be it digital money or fiat. I don't understand why some people still think Bitcoin is some kind of get rich quick scheme.
I think not only of bitcoin, even in the real world it is difficult to become rich overnight. unless you win the lottery.in bitcoin very likely I think of gambling, but it really does need a very big fortune.
Recently I saw a comment on another forum that Bitcoin will make people rich overnight which is not true at all. There is no free lunch in life and even with Bitcoin one has to work towards securing their profit be it digital money or fiat. I don't understand why some people still think Bitcoin is some kind of get rich quick scheme.
When I first became interested in Bitcoins, I heard a lot of nonsense, from terrorists to financial pyramids. The fact that this system to all there invested, and one day someone will run away with the money.
If you're not put additional fee , your transaction will never be confirm
But that's not true because I saw my friend's coinbase transaction , when he sending out the btc, his transaction also got confirmed ( although medium priority )
But that's not true because I saw my friend's coinbase transaction , when he sending out the btc, his transaction also got confirmed ( although medium priority )
Most peoples said that bitcoin is a currency for such illegal activity, buying drugs, weapons or something like that, they might be true, but i think not only bitcoin can do that, fiat can do that also. It's obviously depend on user, how did they spent their bitcoin wheter for legall activity or ilegall activity, thus i must say this case is not true
Yes that's right because in the deep web people there are using bitcoin a the medium of their payment that's why bitcoin was accused with that kind of negative comment. But real money can be also used as like that. 
I guess the false facts i heard about is the most common one. It's used for illegal activity(drugs,buying guns,etc.) This is why i didn't care that much about it.
Most peoples said that bitcoin is a currency for such illegal activity, buying drugs, weapons or something like that, they might be true, but i think not only bitcoin can do that, fiat can do that also. It's obviously depend on user, how did they spent their bitcoin wheter for legall activity or ilegall activity, thus i must say this case is not true
Every currency can do the same things and buy the same illicit goods, you can use barter goods, currencies or services to buy such things. It is not unique to any form of value, and it all comes down to what people want to hate on because it can do x or y.
Most peoples said that bitcoin is a currency for such illegal activity, buying drugs, weapons or something like that, they might be true, but i think not only bitcoin can do that, fiat can do that also. It's obviously depend on user, how did they spent their bitcoin wheter for legall activity or ilegall activity, thus i must say this case is not true
The fact I heard about bitcoin is when people say you can earn a lot from bitcoin.
But I realize that I cannot earn a lot from it when it comes to services and goods to offer because I don't have something to offer.
But I realize that I cannot earn a lot from it when it comes to services and goods to offer because I don't have something to offer.
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?
What thread is this. I think the facts is true . yep you can trace from the blockchain but you dont trace if you dont transact with others. But you cant track who using it, who are the btc user.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?
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?
What thread is this. I think the facts is true . yep you can trace from the blockchain but you dont trace if you dont transact with others. But you cant track who using it, who are the btc user.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?
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?
some of my friends tell me that bitcoin was a scam,i'm heard that when i first time to use and earn bitcoin,but so far its not true,bitcoin was never scam since i use and earn it 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?
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