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Topic: What "facts" you heard about Bitcoin is not true? - page 7. (Read 6930 times)

sr. member
Activity: 420
Merit: 250
"Bitcoin is dead"

Lol, even on this section, there is a topic about Bitcoin is Dead. "facts" i heard about bitcoins is not true is Satoshi is a guy in australia, haha. Actually i'm not trust that, but we don't know if it true or not.
hero member
Activity: 756
Merit: 500
I don't bite.
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?
They said it only took you a few milliseconds to send your Bitcoin to the other person that is currently at another side of the world, but that particular person couldn't spend the coins unless the network has confirmed the transaction. I thought it was faster than that when I was first found out about Bitcoin.
member
Activity: 112
Merit: 10
"Bitcoin is dead"


Ive also been hearing that for quite a while now and haters can only do is just spread the word hopefully someone believes them.
Their perseverance towards spreading this news is pretty amazing.
hero member
Activity: 1022
Merit: 538
When I started using Bitcoin, I heard that Bitcoin transactions could be reversed. I still can't believe that I believed that a couple of years ago.
hero member
Activity: 504
Merit: 500
Bitcoin contains a virus that will override your computer and make you part of some hackers great network.
it seems it is not a hoax or trick.
Did you even read his post and/or understand it? The claim was that Bitcoin contains a virus, which is obviously false.
I mean the application related to bitcoin. because a lot of people who want to take your bitcoin by hacking. they insert malware on applications such as wallets and etc
member
Activity: 84
Merit: 10
The instant part is a good point but for us gamblers its still faster. Besides echeque into your bank account where you risk having a account closed.
Some of these books took close to three weeks to send a cheque. So its all relative.
full member
Activity: 126
Merit: 100
That it is exclusive to criminals! I see allot of decent people here and they are probably not hitman "or men", I had an impression like this when I seen a topic about bitcoin in a local newspaper.
full member
Activity: 140
Merit: 100
That is it being completely anonymous, Currently most coins can be linked back if the exchange cooperate and exchanges require documents mostly so it's not that anonymous now...
hero member
Activity: 532
Merit: 500
"Bitcoin is dead"
I think for now bitcoin is still alive. you can see now but that statement can be used for a long time. we do not know what bitcoin can survive or not in the future?

so the statement "bitcoin dead" has not been fully answered the
i think
legendary
Activity: 2674
Merit: 2965
Terminated.
this " bitcoin let you anonymous transaction but some popular exchange need real id include number department to join platform exchange
like bitstamp and other popular exchange.
This is still correct. You don't understand the statement at all. You are transacting anonymously between address X and address Y. Nobody is forcing you to join services which require personal information.

Bitcoin contains a virus that will override your computer and make you part of some hackers great network.
it seems it is not a hoax or trick.
Did you even read his post and/or understand it? The claim was that Bitcoin contains a virus, which is obviously false.

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.
Nobody knows who this "user" is, ergo this is where the anonymity is coming from.

newbie
Activity: 64
Merit: 0
this " bitcoin let you anonymous transaction but some popular exchange need real id include number department to join platform exchange
like bitstamp and other popular exchange.
full member
Activity: 368
Merit: 104
The fact that there's no fees at all, Although it's voluntary there is some fees that is used almost by default in any transaction and even in a no-center network fees are necessary to keep it running and transactions being confirmed.
hero member
Activity: 504
Merit: 500
Bitcoin contains a virus that will override your computer and make you part of some hackers great network.
Or that its mainly used by terrorists and drug dealers.
it seems it is not a hoax or trick. a lot of people who want to hack or steal your bitcoin and your data. some people have been affected in this forum. because they download something unknown. so be carefull
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
"Bitcoin is dead"
member
Activity: 84
Merit: 10
Bitcoin contains a virus that will override your computer and make you part of some hackers great network.
Or that its mainly used by terrorists and drug dealers.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Ok, so Bitcoin isn't free to use and the exchanges you buy Bitcoin at are raping everyone. Transactions can sometimes be a little slower than just walking to your friends house and handing them cash. So, Bitcoin isn't completely anonymous like cash (that shouldn't really matter unless you're Ross Ulbricht or some pedoperv). So, it's complicated as fuck to use when you already have debit cards figured out. So it's easier to spend your frequent flyer miles or Chevron reward points than your bitcoins. Who cares!

Bitcoin excels at one thing that should make everyone want to use it. It's really really trendy, edgy, cool. Don't you feel a little trendy and superior when you use it? See what I mean, you do don't you?
hero member
Activity: 658
Merit: 500
There is some people said that Bitcoin still as just virtual currency and couldn't being real money, which isn't true of course but many people still spreading this false information.

People spread wrong ideas about Bitcoin because they don't know it enough, and they don't know how it works. That's why i think the Bitcoin's community should advertise a lot better this powerful crypto currency worldwide.
yeah because the reality bitcoin is more than just virtual currency. bitcoin is an investment, currency, and so forth. a lot of the wrong people mentioned bitcoin. that bitcoin just a coin for trade only. it was a great one wrong and therefore we have to spread bitcoin with the right information

legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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?

We are the same. Anonymity.

At first I thought people are 100% anonymous while doing bitcoin transaction.

Another one is, back in my newbie days, many people are using bitcoin now and it's already mass adopted.

No.. It's not that much. We are engaged here in bitcointalk that's why we think that bitcoin is mass adopted.
full member
Activity: 126
Merit: 100
Probably that bitcoin is free to use completely, Yes it's relatively cheap "the 0.0001 BTC per transaction" but still not free specially on mini-transactions and sending transactions without fees is crazy since it may very well never confirm and be dropped.
hero member
Activity: 490
Merit: 500
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.
initially mining very popular almost every user has an account in the cloud mining. and mining equipment sales or miner is highly in demand. even me buy miner 180ghs on ebay. But the longer mining revenue more in less
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