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❓ASK Is Bitcoin truly anonymous?

D

Dagov

Guest
Is Bitcoin truly anonymous?
No, scammers will thrive anywhere there are business deals, which is why it is impossible to make transactions anonymous. Long sequences of 15 words beginning with the numbers 3 to 4 are used in public address to identify participants.

The person who starts a transaction can be identified in each and every one. It can be referred to as pseudonymous because it doesn't correlate a name with the phrase, but it can still be tracked in the event of any improper acts.
 
From what I heard, it is anonymous because the sender and the receiver cannot be tracked. But after reading your post, I came to conclusion that bitcoin is not really anonymous, and in other to make it alot of things need to be done, but I don't support its anonymous because of scammers.
 
For that my friend we must wait, I share your hopes in it, one day it will be possible, but the road will not be plenty roses as they say in my country, there will be too many thorns on the road, because there are also many people who want it see fall.
There are really too many thorns and I think all these are probably what is restricting the development of Bitcoin , if not Bitcoin would have probably gotten or even meet that expectations many actually want it to be
 
There are really too many thorns and I think all these are probably what is restricting the development of Bitcoin , if not Bitcoin would have probably gotten or even meet that expectations many actually want it to be
Yes, exactly, but look how far it has come, with all the defamation and discredit that has been poured out on it, that it is a solely speculative asset that is for investors with no knowledge, that it is for children that is only used by criminals, I have come to hear about everything, but bitcoin has always ended up hitting them in the mouth, these people will never see the true value it has, that's why every dollar you invest in it is a dollar of hope that it will reach its final goal.
 
In many countries, including most of those in the developed world, working with cryptocurrency is completely legal and acceptable, so long as you pay the necessary taxes and fees. even if your country does not have a first-level system in place for cryptocurrency transactions, it is still possible to work with cryptocurrency as long as you follow the rules and regulations that apply to your particular jurisdiction.
It seems that you do not read what I write to you in response to your post. You are just repeating my words. I am writing to you that in our country, working with cryptocurrency is allowed at the legislative level. You answer me the same. Kind of strange, don't you think?
 
There is one thing that I liked to see about Monero and it is that is one of the currencies that have fallen the least in this bear market, it has a very strong community behind it. I spent a few weeks researching a lot about the currency because it attracted me a lot, you could also make small investments in it instead of mining it, since it is quite cheap if we compare it with others.
However, I would not say that it is cheap! If only relative to the dollar. Now it costs $162, and yesterday its cost was $154. I also began to follow her a little. I think I might follow your advice. Although, on the other hand, the installation for mining has already justified itself in terms of cost, and if I am at a slight loss, then due to the consumption of electricity.
 
It seems that you do not read what I write to you in response to your post. You are just repeating my words. I am writing to you that in our country, working with cryptocurrency is allowed at the legislative level. You answer me the same. Kind of strange, don't you think?
It does seem strange that I repeated the same words, and I apologize for that. I can understand why you might be confused or frustrated.
while working with cryptocurrency is legal and accepted in many countries, the rules and regulations can vary from country to country, In mycountry everything is forbidden ,Trading cryptocurrencies or using them calls for imprisonment,But we take chances ;)
 
It does seem strange that I repeated the same words, and I apologize for that. I can understand why you might be confused or frustrated.
while working with cryptocurrency is legal and accepted in many countries, the rules and regulations can vary from country to country, In mycountry everything is forbidden ,Trading cryptocurrencies or using them calls for imprisonment,But we take chances ;)
As we say, "Risk is a noble cause!". However, to such an extent, knowing myself and my character, I probably would not take risks. For me, imprisonment is a very high degree of risk. I try to live without breaking the law. If you can't, then no! For some time now, this has become a rule of thumb for me.
 
As we say, "Risk is a noble cause!". However, to such an extent, knowing myself and my character, I probably would not take risks. For me, imprisonment is a very high degree of risk. I try to live without breaking the law. If you can't, then no! For some time now, this has become a rule of thumb for me.
Risk-taking can be a noble cause, and it can lead to great rewards. However, it is important to understand your own risk tolerance and know when to take risks and when to not take them. Taking too many risks can lead to unfortunate outcomes, so it is important to be aware of the potential risks and weigh them carefully before taking any action. It is also important to know the law and abide by it, as breaking the law can lead to serious consequences. it's up to you to decide how much risk you are willing to take.
 
However, I would not say that it is cheap! If only relative to the dollar. Now it costs $162, and yesterday its cost was $154. I also began to follow her a little. I think I might follow your advice. Although, on the other hand, the installation for mining has already justified itself in terms of cost, and if I am at a slight loss, then due to the consumption of electricity.
According to the point of view of each one and their economy or that of their country, really from my point of view and the economy of my country, it's cheap because look here you need about $1000 a month to live, so if I save 100 It would almost give me enough to buy a monero coin, if we go to a different country where you charge $150 a month, a monero is really very expensive, on the other hand, to mine it can be counterproductive, as you say, due to the electricity costs or others that it may entail, as well as the required hardware.
 
According to the point of view of each one and their economy or that of their country, really from my point of view and the economy of my country, it's cheap because look here you need about $1000 a month to live, so if I save 100 It would almost give me enough to buy a monero coin, if we go to a different country where you charge $150 a month, a monero is really very expensive, on the other hand, to mine it can be counterproductive, as you say, due to the electricity costs or others that it may entail, as well as the required hardware.
For me, $1K is a very large sum indeed. I now live quietly and on $100. For me, the $160 Monero price is quite attractive. The only thing that is stopping me is that due to the complexity of the network, I will not be able to mine one coin per month.
 
Bitcoin is really anonymous , I think you should actually be watchful of how you go about trading , the thing is that , there are some people that are making huge losses without getting the direction on how to go about trading in the market , which becomes tough
 
Yes, exactly, but look how far it has come, with all the defamation and discredit that has been poured out on it, that it is a solely speculative asset that is for investors with no knowledge, that it is for children that is only used by criminals, I have come to hear about everything, but bitcoin has always ended up hitting them in the mouth, these people will never see the true value it has, that's why every dollar you invest in it is a dollar of hope that it will reach its final goal.
Yeah so many infulencers have said a lot of discredit and defamation and I believe all these was probably to add more to the problem of the coin ,but I believe quite well that Bitcoin can easily get over this , it would actually not be a big issue for the true growth of the coin
 
Yeah so many infulencers have said a lot of discredit and defamation and I believe all these was probably to add more to the problem of the coin ,but I believe quite well that Bitcoin can easily get over this , it would actually not be a big issue for the true growth of the coin
It is also true that many other influencers have seen a golden opportunity in the latest bullmarket to make money with bitcoin and other cryptocurrencies without having any idea about cryptography and have scammed thousands of people to say the least, the entire ecosystem is full of projects A lot of garbage of this nature and that only aggravated the problem, we could mention, for example, Logan Paul in this since he is highly known but Spanish-speaking, I could mention almost 20 influencers who did this and I don't want to imagine throughout the world.
 
No matter how hard they try to aggravate the situation of bitcoin in the information field, in fact this does not happen. Here, the moment is simply important that few people know about it and the ability to make money on it. People hear the words bitcoin, cryptocurrency, but they don't even know what it is. It is these people who are affected by negative information about cryptocurrency.
 
No matter how hard they try to aggravate the situation of bitcoin in the information field, in fact this does not happen. Here, the moment is simply important that few people know about it and the ability to make money on it. People hear the words bitcoin, cryptocurrency, but they don't even know what it is. It is these people who are affected by negative information about cryptocurrency.
Yes, but that's the way most certainly are or they don't know what it is or what it works for, or if they want to use it it's to get rich, that's the only thing they know about it, they don't care what it was created for or how it works or its history or anything just that.
 
Yes, but that's the way most certainly are or they don't know what it is or what it works for, or if they want to use it it's to get rich, that's the only thing they know about it, they don't care what it was created for or how it works or its history or anything just that.
That's the thing, they don't know. How many stories how people entered at the peak of value, seeing before that the rapid growth of bitcoin and other cryptocurrencies. Then, having lost their money, they tell everyone that it is not possible to make money on cryptocurrency.
 
That's the thing, they don't know. How many stories how people entered at the peak of value, seeing before that the rapid growth of bitcoin and other cryptocurrencies. Then, having lost their money, they tell everyone that it is not possible to make money on cryptocurrency.
You are right then they simply discredit and say that you cannot make money in cryptocurrencies because they entered late, did not investigate or bought at historical highs, in short, that is why I never think we will achieve global adoption if the market is not well regulated, for that most people have no idea about investing in them
 
You are right then they simply discredit and say that you cannot make money in cryptocurrencies because they entered late, did not investigate or bought at historical highs, in short, that is why I never think we will achieve global adoption if the market is not well regulated, for that most people have no idea about investing in them
I had a similar story. A man entered bitcoin with his own money and rose well that he was able to buy an apartment and a good car. And bitcoin kept going up! Then he borrows money, a significant amount, and enters bitcoin again. After a short time, bitcoin starts to fall sharply. As a result, a person had to sell both the car and the apartment in order to repay the loan. This was told to me by his friend, who, when he found out that I had bought myself several expensive video cards for mining, began to tell me that it was impossible to make money on cryptocurrency. This only says that people do not understand cryptocurrency and do not know how to earn money with it!
 
Yo tenía una historia similar. Un hombre entró en bitcoin con su propio dinero y se levantó bien que pudo ******* un apartamento y un buen coche. ¡Y bitcoin siguió subiendo! Luego pide dinero prestado, una cantidad significativa, y vuelve a ingresar bitcoin. Después de un corto tiempo, bitcoin comienza a caer bruscamente. Como resultado, una persona tenía que vender tanto el automóvil como el apartamento para pagar el préstamo. Esto me lo dijo su amigo, quien, cuando descubrió que me había comprado varias tarjetas de video caras para la minería, comenzó a decirme que era imposible ganar dinero con criptomonedas. ¡Esto solo dice que las personas no entienden la criptomoneda y no saben cómo ganar dinero con ella!
This story you tell not only reveals that the person does not understand cryptocurrency, what it really says about him is that he has no financial education, you should never go into debt to continue investing in an asset just because you think it will continue to rise, most likely It is that you end up to your eyebrows in debt as they say in my country, many of the extreme falls that we have experienced have been due to the liquidation of even very large corporations that made similar movements, leveraging themselves massively in the market, later they were liquidated and driven to bankruptcy. really doing something like that only leads you to lose everything.
 
This story you tell not only reveals that the person does not understand cryptocurrency, what it really says about him is that he has no financial education, you should never go into debt to continue investing in an asset just because you think it will continue to rise, most likely It is that you end up to your eyebrows in debt as they say in my country, many of the extreme falls that we have experienced have been due to the liquidation of even very large corporations that made similar movements, leveraging themselves massively in the market, later they were liquidated and driven to bankruptcy. really doing something like that only leads you to lose everything.
I did not say anything to him, I just saw that it was simply useless. A person does not distinguish just cryptocurrency mining from its trading. Moreover, he does not want to understand, since I saw that he considers himself right.
And my installation normally mined, not only paid for itself completely, but also helped me earn a certain amount of coins. I hope I can make more money with it.
 

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