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bankingbtc
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March 11, 2016, 03:01:01 PM |
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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
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bearexin
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March 11, 2016, 03:51:49 PM |
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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.
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Daimon88
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March 11, 2016, 04:12:23 PM |
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that it is free to use, did not know about fees except after few months  |
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Sengoko
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March 11, 2016, 04:15:35 PM |
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The anonymity one for me, that's one of the biggest misunderstandings about bitcoin
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Freshmen
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March 11, 2016, 04:24:36 PM |
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I though bitcoin transactions were completely free when I first came across bitcoin, later known it cost 0.0001 BTC default fees for each.
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Lauda
Legendary
 Offline
Activity: 2674
Merit: 2965
Terminated.
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March 11, 2016, 04:37:59 PM |
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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. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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offlinedragon
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March 11, 2016, 04:58:27 PM |
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That it is completely private and your transactions can never be linked, Later known about block exploration and following transaction trees between addresses.
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kiloiko
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March 11, 2016, 06:06:00 PM |
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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. |
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teddy5145
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March 11, 2016, 06:16:58 PM |
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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? |
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diodio5
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March 12, 2016, 03:44:55 PM |
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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 disadvantages |
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hasiramasenju
Legendary
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Activity: 980
Merit: 1000
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March 12, 2016, 03:56:04 PM |
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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
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ahpku
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March 12, 2016, 04:02:14 PM |
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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. |
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enhu
Legendary
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Activity: 2492
Merit: 1018
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March 12, 2016, 04:37:00 PM |
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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. 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...
I don't think I've read someone says bitcoin transaction is free since the time I started here in the forum. |
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ahpku
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March 12, 2016, 04:44:06 PM |
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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.
Lurk moar.  |
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jethrorn99
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March 12, 2016, 05:03:49 PM |
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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.
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ASHLIUSZ
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March 12, 2016, 06:21:19 PM |
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Posted From bitcointalk.org Android App
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ASHLIUSZ
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March 12, 2016, 06:29:25 PM |
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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....
Posted From bitcointalk.org Android App
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iv4n
Legendary
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Activity: 3318
Merit: 1191
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March 12, 2016, 06:31:22 PM |
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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.
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. |
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eddyubachs
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March 12, 2016, 07:28:47 PM |
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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.
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fravia
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March 12, 2016, 07:33:58 PM |
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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 choice i heard that bitcoin is the currency of thieves and other crime makers though it is used by people who just buy gadgets legally too |
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