BitCoin Myths and Facts

Bitcoins are all over the market and internet these days touching $18,000+ (and counting) on trading platforms. But all that you see and listen about bitcoin are not true to its core. We are trying to bring few myths and facts of Bitcoins to you :

Zero BitCoin Transaction Fee :

Transfer of BitCoins from one account to another account is not completely free, they collect mining fee (transaction fee) for movement of Funds, sometimes these fees are much higher than what your Bank Charges

Anyone Can Bitcoin :

Gone are the days where miners can be able to mine bitcoin with a CPU, but now you need to build BitCoin Mining Rigs with GPU's, still mining is not profitable

Instant Funds Credit :

One of the biggest myth is that Funds from one account to another account is instant. However this is not true, higher you are ready to pay mining fee the faster the funds reach and vice-versa.

Website : http://www.raptchik.com/2017/12/bitcoin-and-its-myths.html