from the first time when i knew bitcoin i thought that bitcoin transaction is not traceable until one of my friends show me all of my blockchain transaction, and about the transaction speed, they said that it is fast, but after i used bitcoin i just knew that its need time and sometime a lot of time
but despite all of that i still like bitcoin
Topic: What "facts" you heard about Bitcoin is not true? - page 8. (Read 6930 times)
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.
I agree. There's a lot of people that only thinks bitcoin is just non real money, but the truth is that bitcoin is universally used.I hear a lot noobs say 'Why am I waiting 30 minutes for my transaction to confirm while the block time is only 10 minutes?'.
I do not know about it what the cause to be a very long time confirmation. sometimes I even had to wait four hours man! How did it happen ? I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
i can not agree with that, i believe that it actually is possible that governments will start adopting the bitcoins if people will leave them no other choicei heard that bitcoin is the currency of thieves and other crime makers though it is used by people who just buy gadgets legally too
I am also not agree with that. as bitcoin is not bank which will compete banks but bitcoin is a currency which will need the support of banks , and banks will sooner adopt it as soon as the governments approve it for them. Whenever bitcoins establishes they will appear in our banks.
I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
i can not agree with that, i believe that it actually is possible that governments will start adopting the bitcoins if people will leave them no other choicei heard that bitcoin is the currency of thieves and other crime makers though it is used by people who just buy gadgets legally too
So After all bitcoin can be adopted by our government too,
though it will mean that bitcoin will starting to get regulated and taxes
On the other side, Russia is starting to ban bitcoin usage
Where did you get this bs info from about japan. read carefully:
http://www.theguardian.com/technology/2016/feb/25/japan-to-make-bitcoin-legal-currency
"Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other cryptocurrencies as currencies."
So for now the party just PLANS to propose changes to recognized bitcoin AND OTHER cryptocurrencies as currencies. It says nothing about their national currency. And if this would heppen:
"The changes would mean bitcoin could be more tightly regulated and taxed"
Not sure this is what bitcoiners really want more regulation and taxes on their cryptocurrencies.
I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
i can not agree with that, i believe that it actually is possible that governments will start adopting the bitcoins if people will leave them no other choicei heard that bitcoin is the currency of thieves and other crime makers though it is used by people who just buy gadgets legally too
So After all bitcoin can be adopted by our government too,
though it will mean that bitcoin will starting to get regulated and taxes
On the other side, Russia is starting to ban bitcoin usage
I'm not sure about this "fact" that i read on some blog 
Bitcoin is secured by military-grade cryptography. The only considerable source ever imposing a threat would be quantum computing, which does not yet exist. Google operates one of the largest computing networks in the world. Even If you combined all of Google's computing power and multiplied it by 1,000, it still wouldn't exceed the computing power of the Bitcoin network.
The only difference is that Google network actually can do some useful things, and computing power of bitcoin network is used only to solve somewhat useless algorithms, mining.Bitcoin is secured by military-grade cryptography. The only considerable source ever imposing a threat would be quantum computing, which does not yet exist. Google operates one of the largest computing networks in the world. Even If you combined all of Google's computing power and multiplied it by 1,000, it still wouldn't exceed the computing power of the Bitcoin network.
Quantum computing is not a threat to bitcoin at all. I doubt this technology will be available in the next 50 years.
I'm not sure about this "fact" that i read on some blog
Bitcoin is secured by military-grade cryptography. The only considerable source ever imposing a threat would be quantum computing, which does not yet exist. Google operates one of the largest computing networks in the world. Even If you combined all of Google's computing power and multiplied it by 1,000, it still wouldn't exceed the computing power of the Bitcoin network.
Bitcoin is secured by military-grade cryptography. The only considerable source ever imposing a threat would be quantum computing, which does not yet exist. Google operates one of the largest computing networks in the world. Even If you combined all of Google's computing power and multiplied it by 1,000, it still wouldn't exceed the computing power of the Bitcoin network.
None for me, I always research topics that interest me thoroughly and I never trust random info from forums and blogs. When I finally decided to try Bitcoin in 2013, I read up as much as I could on it before I joined any forums. I, first need to have a solid understanding of the core principles and how it works.
I hear a lot noobs say 'Why am I waiting 30 minutes for my transaction to confirm while the block time is only 10 minutes?'.
well the first time I heard about bitcoin people advertised it as an instant, irreversible payment method with no transaction fee (though I didn't get into bitcoin because of these features)... but over time I learned that those are not entirely true.
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.
even though I think bitcoin users still think that bitcoin only cryptocurrency not as real money. This difference can not be destroyed easily except bitcoin has been accepted by many countries and legalized by many governments. but it has never happened 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.
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.
I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
Well this is obvious, there is no way that banks would ever get behind Bitcoin as an entity, but they might get behind the technology of the blockchain, as we have been seeing recently. 
I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
i can not agree with that, i believe that it actually is possible that governments will start adopting the bitcoins if people will leave them no other choicei heard that bitcoin is the currency of thieves and other crime makers though it is used by people who just buy gadgets legally too
I heard that banks and the government will start supporting bitcoins which is simply impossible as banks view bitcoin as their competitor and they will never support bitcoins for sure as bitcoin is a major threat to the banking system.
1) The anonymity of bitcoin. It's not anonymous, but still harder to track than fiat.
2) Bitcoin will die soon!! That's a load of bullshit, Bitcoin is still strong now and bitcoin dying is impossible.
2) Bitcoin will die soon!! That's a load of bullshit, Bitcoin is still strong now and bitcoin dying is impossible.
They are talking about bitcoin death for years, but bitcoin is growing. I think anonymity is one of the facts I heard and its not true, also who made it, is it some NSA, or some KGB or some other secrete service? For now bitcoin is great for many things, I think bitcoin can be even better currency one day.
before joining bitcoin I heard the fact that bitcoin transactions depends on fee... also indulge illegal activities... but as it is global now realized that these are not true facts....
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