Topic: What "facts" you heard about Bitcoin is not true? - page 4. (Read 6930 times)
I heard before that bitcoin is an illegal money online but then discovering that it isn't. And bitcoin are money for deepweb only .
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The fact i heard a bout bitcointalk that you will find your new way to make an extra income
so really this was true and i learned a lot from this forum thank you Btcointalk
so really this was true and i learned a lot from this forum thank you Btcointalk
That's you can start earning money by installing bitcoin client on your PC. I don't know how people can even think this way... lol
you seem to be fooled by someone bitcoin can not grow just by you install wallet or application. you need mined it mate. but it can damage and burn your laptop or computer. 
Im tired of hearing by dumb FUDsters how Bitcoin can't scale and thats why it's "doomed". Also tired of the people saying Blockstream are an evil team that want to centralize Bitcoin, when they are doing exactly the contrary.
So many clueless FUDsters in the community. I hope that they at least get paid for their time.
So many clueless FUDsters in the community. I hope that they at least get paid for their time.
That's you can start earning money by installing bitcoin client on your PC. I don't know how people can even think this way... lol
Well, obviously you need to begin mining. The other thing to note is that nowadays it's more efficient to not mine rather than mine with your CPU. In the old days, it was fine to do so. The difficulty was way, way lower. These days if you try to mine with your computer you would spend hundreds of times more on electricity than you would get back with the block reward. 
Probably the privacy and anonymity gossip, it is still relatively private but all the transactions are visible in the network..
The actual meaning of anonymity in bitcoin is that whenever a transaction occur then the sender and receiver does not know the details of each other but they know each other from that username with which they have introduced each other.
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?
We hear everyday 'facts' that are not true about bitcoin, like bitcoin is dying, bitcoin is dead, bitcoin is scam etc.
I heard that bitcoin is a scam and when a number of people convert their money to their one day they will find that their bitcoin is worth nothing and the person who introduced bitcoin will disappear from public and will have all the wealth of the people.
when i started using bitcoin at first i've heard that bitcoin is going to die, and i have heard it many times ever since, especially in the speculation section but bitcoin is still alive!
After Mike Hearn tell his vision about this project ("btc is dead") someone writhe a topic in this forum that help to count how many times btc is dead
.Well btc is dead a lot of times.... for every dump
move!
when i started using bitcoin at first i've heard that bitcoin is going to die, and i have heard it many times ever since, especially in the speculation section but bitcoin is still alive!
I heard bitcoin is not anonymous and transaction could be reversed in a short time with the ip of receiver!
For now 2 facts:
1. Some years ago there were speculations that bitcoins price will rise much faster than it is now, although it is still rising.
2. It is not that anonymous as I thought reading about bitcoins for the first time.
1. Some years ago there were speculations that bitcoins price will rise much faster than it is now, although it is still rising.
2. It is not that anonymous as I thought reading about bitcoins for the first time.
when I first used bitcoin I though it was totally free, I was using an exchange "and they where paying the miner fee" later after I installed my first wallet I knew there was a default fee recommended for every transaction.
That's it's anonymous, Did not know all transactions are available for public viewing in the internet.
Probably the privacy and anonymity gossip, it is still relatively private but all the transactions are visible in the network..
The actual meaning of anonymity in bitcoin is that whenever a transaction occur then the sender and receiver does not know the details of each other but they know each other from that username with which they have introduced each other. 
I heard that the price of bitcoin would get more stable in the year 2016 and it will cross $500 in the month of January 2016 which never happened till date.
That's you can start earning money by installing bitcoin client on your PC. I don't know how people can even think this way... lol
The halvening is by far the most anticipated event this year and a lot of wild expectations are circling around already. I don't know if this will turn out to be true or not only time will tell.
This would be untrue when halving a few more months not have had any effect on the price of bitcoin. made even lower prices.because everyone says halving will give a big effect on the price of bitcoin and raise the price to be high
That bitcoin will touch the moon, which is impossible unless internet services reach to moon, or its physical form is carried to moon by someone. 
I was under this wrong impression that bitcoin transaction is free and instant both of which turned out to be false.I also had this wrong assumption that I can mine bitcoin on my home pc
they say free ? I think people are more familiar with "very cheap transaction fees" not free mate. only about 0.0001 BTC or only about $0.04 it was very cheap mate. you'll find a fee greater in other payment methods such as paypalJump to: