Topic: What "facts" you heard about Bitcoin is not true? - page 3. (Read 6930 times)
A lot of people I know still seem to believe that bitcoin is just for buying drugs, guns and prostitutes
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?
I heard that bitcoin can be easialy hacked and your money can be stolen at any moment and it was so fun to listen bullshit like this 
Bitcoin is Illegal.
Well it is illegal but only in a few countries.
Bitcoin is anonymous.
But I could see other people doing transactions.
Well it is illegal but only in a few countries.
Bitcoin is anonymous.
But I could see other people doing transactions.
you can see transactions, but there no no real user identities attached in the transactions in the blockchain. thus bitcoin is pseudo-anonymous.
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?
Yeah, transactions in themselves can be traced.
The anonymity of bitcoin isn't in the impossibility of tracking transactions, but in the difficulty of linking those transactions and the identity of one's user.
All tx are public (ledger) but who really own "in the real life" a certain btc could be impossible some time to obtain... Anyone know who own 50 btc from block 1 or 2
? But tx / mining arguments are already tracked... 
I heard that bitcoin will be widely accepted by the year 2016 but still I am not seeing it happening not sure when that day will come to use bitcoin directly.
i have heard few people saying that because of the time taken for transaction is too long, this might be the end of this digital currency.
Confirmation times can be really long like few hours for 6 confirmations, but it is time for final settlement which takes credit cards months (during that time the payment can be reversed). 0 confirmation Bitcoin transactions take few seconds to propagate and shown in your wallet, and I never had problem 0 confirmation transaction to not confirm later, so the Bitcoin transactions taking only few seconds actually
"You can buy anything with Bitcoin" this is what make me keep thinking. Yes of course you can buy anything you want with Bitcoin, but it's not that easy tho.
Now its really not possible to buy anything with bitcoin. After conversion to fiat anything can be bought. Now small acceptance in store is found which will increase in the future.
Mining will give you viruses
That's funny wrong info many people tried to spread it since few years ago, but i think very little of ignorant people still think that it's true
No way. There is no link of virus and mining.
Minning is a mathematical calculation done by the high speed hardwares and there is no risk of virus in it.
i have heard few people saying that because of the time taken for transaction is too long, this might be the end of this digital currency. This is wrong.
In fact, this deficiency will be overcome by the bitcoin miners and it will stay forever.
In fact, this deficiency will be overcome by the bitcoin miners and it will stay forever.
Bitcoin is Illegal.
Well it is illegal but only in a few countries.
Well it is illegal but only in a few countries.
Well some of these countries are bringing back bitcoin. They should be intelligent enough to go with this decision.
Bitcoin is anonymous.
But I could see other people doing transactions.
But I could see other people doing transactions.
Bitcoin is pseudo-anonymous as you can trace the transaction but cannot know the owner of the address unless he mentions it somewhere.
Bitcoin is Illegal.
Well it is illegal but only in a few countries.
Bitcoin is anonymous.
But I could see other people doing transactions.
Well it is illegal but only in a few countries.
Bitcoin is anonymous.
But I could see other people doing transactions.
the fact that I heard and that does not come true is that bitcoin is very difficult to use, I guess that's not true. bitcoin very easy to use but for people who are quick to give up is not going to be able to use bitcoin
Mining will give you viruses
That's funny wrong info many people tried to spread it since few years ago, but i think very little of ignorant people still think that it's true
"You can buy anything with Bitcoin" this is what make me keep thinking. Yes of course you can buy anything you want with Bitcoin, but it's not that easy tho.
I heard before that bitcoin is an illegal money online but then discovering that it isn't. And bitcoin are money for deepweb only .
Yeah I have saw this thing one thread and discussion is going whether that is illegal money or not. I would like to say to all bitcoin is trusted network where we can find transparent view in all transactions. These kind of transaction is not in any transfer medium.
Mining will give you viruses
That's funny wrong info many people tried to spread it since few years ago, but i think very little of ignorant people still think that it's true
btc is one of the biggest ponzi of the history
No it's not. It just has a bunch of scammers and con-men working with it and for it.
btc is one of the biggest ponzi of the history
That a user is "anonymous" in the network and no one can follow your transactions, it's actually almost the opposite since the chain is open and anyone can view the transactions and possible even trace them back to there origin coins.
Yes the transaction becomes viewable to everyone on net but still the user remains anonymous, as there is no data becomes available on internet that which person is that. None of the identity is shown of that person. Jump to: