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.
Topic: What "facts" you heard about Bitcoin is not true? - page 9. (Read 6930 times)
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I don't think I've read someone says bitcoin transaction is free since the time I started here in the forum.
I don't think I've read someone says bitcoin transaction is free since the time I started here in the forum.
Lurk moar.
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?
I don't get the point here. what do you mean "fact" that is not true? fact is thing that is true, exist, can be proved. if it's not true, then it's not a fact.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?
if you meant something I heard that is not true, I've heard that the fee is cheap, but the fact said it depends on the price and how long we will wait for transaction.
You still can't be traced as far as i know. The only that can be traced is the bitcoin being sent. but you as a user can't be traced whether its you who owned that btc address unless its proven its yours indeed with some documentation.
I thought bitcoin transactions are free...
but turn out they require a fee...
but turn out they require a fee...
I don't think I've read someone says bitcoin transaction is free since the time I started here in the forum.
I though bitcoin transactions were completely free when I first came across bitcoin, later known it cost 0.0001 BTC default fees for each.
Well if you want to, you can always set the fee to zero and get the coin in reasonable time frame if you meet these factors-It is smaller than 1,000 bytes.
-All outputs are 0.01 BTC or larger.
-Its priority is large enough
And you can still keep the fee to zero even if these factors are not met, but expect a big time to wait until it got confirmed
I guess you are using online wallet right?
TL;DR: you can send free transactions, no prob.
True, 99% chance those transactions won't get confirmed & get returned to you in 72hrs, but that's an entirely different issue.
bitcoin only used for an illegals and criminal activity and this is totally wrong because villain not only use bitcoin for to commit their crimes and they will use many payments system to do so and not only bitcoin
i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
yeah I was also fooled by it. people can find out what you are. or can find out your primary address if you use a lot of addresses. bitcoin is not completely anonymous. but that there could be advantages and disadvantagesI though bitcoin transactions were completely free when I first came across bitcoin, later known it cost 0.0001 BTC default fees for each.
Well if you want to, you can always set the fee to zero and get the coin in reasonable time frame if you meet these factors-It is smaller than 1,000 bytes.
-All outputs are 0.01 BTC or larger.
-Its priority is large enough
And you can still keep the fee to zero even if these factors are not met, but expect a big time to wait until it got confirmed
I guess you are using online wallet right?
That it is completely private and your transactions can never be linked, Later known about block exploration and following transaction trees between addresses.
Yes it is not absolute privacy but definitely more private than a creditcard or a bank account where everything is directly linked with your name IMO.
That it is completely private and your transactions can never be linked, Later known about block exploration and following transaction trees between addresses.
The anonymity one for me, that's one of the biggest misunderstandings about bitcoin
Well technically you could remain unknown and almost undetectable. If you buy Bitcoins via cash and avoid services that require personal details you are good to go. later known it cost 0.0001 BTC default fees for each.
One should not use any kind of default fees. Fees should be calculated so that a right recommended satohshi/byte fee is included.Currently understand how it is almost exactly the opposite and everyone can view your transactions live not just your bank/law enforcers.
It is not even close to "exactly the opposite". Anyone can view that the transactions have been made, yet they have no idea who made them.
I though bitcoin transactions were completely free when I first came across bitcoin, later known it cost 0.0001 BTC default fees for each.
The anonymity one for me, that's one of the biggest misunderstandings about bitcoin
that it is free to use, did not know about fees except after few months 
I too though it was completely anonymous when I first started using it, Currently understand how it is almost exactly the opposite and everyone can view your transactions live not just your bank/law enforcers.
that it is only a bad thing that is used only to do the crimes and other illegal things
also that bitcoin is widely used for buying drugs and its way more often used for it than fiat
that bitcoin has no future and it is going to die very soon because people will be not interested into it
also that bitcoin is widely used for buying drugs and its way more often used for it than fiat
that bitcoin has no future and it is going to die very soon because people will be not interested into it
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?
people said that bitcoin payment is fast,maybe faster than other currency,but the "fact" is not like that,some people said they have been wait bitcoin transaction almost a day or more,and this is oftenly happen,i think that fact was not absolutely true. 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 is instant payment service but its depend on conformation. first confirmation need minimum 5-8min to be done.and then i got giving transaction fees higher make your transaction faster.
Nope dude not like that, confirmation is based on the priority of your bitcoin wallet.there is a settings page in account settings. If you need to make faster transaction charges will be high accordingly.
i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
I think bitcoin completely anonymous. if you do not publish your bitcoin address to the public. would not know if the address it is have your name. bitcoin is very secure and confidentialPlease read bitcoin.org, especially this:
https://bitcoin.org/en/you-need-to-know#anonymous
and this:
https://bitcoin.org/en/faq#is-bitcoin-anonymous
I dont understand how ppl can use bitcoin and not even check official bitcoin website, which clearly in plain English says that bitcoin is NOT anonymous.
i heard that bitcoin is instant payment service but its depend on conformation. first confirmation need minimum 5-8min to be done.and then i got giving transaction fees higher make your transaction faster.
i heard bitcoin is anonymity and make me interested so i think no one can know my transaction but in fact bitcoin isn't full anonymity.
Bitcoin is full anonymity!
You just got to use a coin mixer from time to time!
Coin mixers are here in order to change your coins for others, exactly identical but with a different history. Which is a good way to keep anonymity.
That's a bit like if you're being tracked by dogs and you go through a river! Best way to cut tracks ^^
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