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Bitcoin => Bitcoin Discussion => Topic started by: 007 SHIELD 007 on March 20, 2018, 10:56:04 AM



Title: what are the common challenges for bitcoin user?
Post by: 007 SHIELD 007 on March 20, 2018, 10:56:04 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


Title: Re: what are the common challenges for bitcoin user?
Post by: BitcoinHodler on March 20, 2018, 11:12:26 AM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.


Title: Re: what are the common challenges for bitcoin user?
Post by: thefaucetrunner on March 20, 2018, 11:16:33 AM
1. Since crypto is a challenge to government fiat currency, not being squashed and stamped out by government regulation and FUD will be a huge challenge. Until governments can control it completely, they will claim that it serves no purpose, is only for terrorists to wash their money, etc. Since Bitcoin is the most popular crypto, it will take the brunt of the attack.
2. By educating people and/or electing people who know better.
3. See above. Also, older people tend to be more distrustful of crypto and young people tend to embrace it more because they understand it. I think a healthy distrust of government and an understanding of the technology are the keys to mass acceptance for Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Haley craft on March 20, 2018, 11:17:17 AM
I think national policy is the biggest challenge for bitcoin.
The second is the emergence of quantum computers, which in the future may be able to crack bitcoin's private keys.


Title: Re: what are the common challenges for bitcoin user?
Post by: perfryan on March 20, 2018, 11:23:49 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


The challenges of facing bitcoin Is have a potential
For theft it exist that make bitcoin virtually is impossible to steal
But require significantly more effort on the part of users
And with online bitcoin wallets there some chance
That the currency could be stolen and its happened.


Title: Re: what are the common challenges for bitcoin user?
Post by: jpespa on March 20, 2018, 11:42:41 AM
Some of the challenges that a person must overcome is facing the truth that bitcoin's price will never stay the same and will definitely rise and fall from time to time. Another is that bitcoin can be earned easily but not considered "sure money". It is not preventable and the only way to face those challenges is to just research more about bitcoin to gain knowledge and accept the reality that they are risking their money in bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: CodyAlfaridzi on March 20, 2018, 11:48:50 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The biggest challenge nowadays doesn't come from Bitcoin itself, but rather from the outside (external source). Bitcoin has been used widely by people all around the world. The ease of use is already far better than years ago. The confirmation time is much faster since Segwit take effect. The transaction fee is back to very very cheap like it used to, ranging in the cents USD. The only problem is the government. Most government, especially in third world country, still not allowing their citizen to use Bitcoin as a means of payment.

How do we face it? By continously education people in power about Bitcoin, advocating it, lobbying them and of course by continue using it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Xester on March 20, 2018, 11:49:37 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The biggest challenge for bitcoin holders is the frequent drop in value. If this continues probably many people will panic and dump their bitcoins and settle for a much better cryptocurrency. This is one of the biggest threat in the market. The only way for us to help bitcoin is to keep promoting bitcoins and to fight fake news which demoralize bitcoin holders especially newbies.


Title: Re: what are the common challenges for bitcoin user?
Post by: eduvacation.net on March 20, 2018, 11:50:07 AM
The most important challenge faced by bitcoin users is the bitcoin price fluctuation that is so active every time that they must have the skills to read the charts if investing in the short-term. As for other challenges is the rise of negative news about bitcoin and bitcoin users should have confidence that bitcoin can survive from FUD news that is likely to affect the movement of bitcoin prices in the market. I also learned from friends who have long experience in this crypto and the key to facing the challenge is to be patient and wait for the right time to benefit from the investment we do on bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Ptrck on March 20, 2018, 11:50:39 AM
Being an active user of bitcoin has significant benefits and minimal struggles too. Maintaining the appropriate way of doing the business in every aspects is like a trial-and-error if you don't know what you are doing for. So in return, it might shut off your access to continue.


Title: Re: what are the common challenges for bitcoin user?
Post by: siti25 on March 20, 2018, 11:54:45 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
the biggest challenge when we are tranding bitcoin, where we have to monitor how bitcoin price movements, and must have the right decision when we buy or sell, except for those who want to invest, so keep the bitcoin there


Title: Re: what are the common challenges for bitcoin user?
Post by: VitKoyn on March 20, 2018, 12:20:22 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The biggest challenge that Bitcoin will be facing is the regulation of governments and those who spread FUDs. How to prevent it? no one can prevent it, because there are countries that don't want to about Bitcoin being a method of payment or make it legal currency. Another challenge is the volatility, as long as Bitcoin price are not stable, there will be only few businesses and services that will want to accept it as a payment. How we should we face those challenges? I don't think that Bitcoin will become a currency that is being widely used for buying goods (for now) because people will always think of Bitcoin as an investment instead of using it as a medium of payment and we have to accept that.


Title: Re: what are the common challenges for bitcoin user?
Post by: boybitcoin on March 20, 2018, 12:33:16 PM
Well for me.. I see some other countries dont accept what bitcoin is, they need to take a look beyond crypto/digital currency in a future how they can help thier economy, and we can faced it by trying to encourage those people who didnt understand it or try to motivate them
 


Title: Re: what are the common challenges for bitcoin user?
Post by: jeldzrey16 on March 20, 2018, 12:36:17 PM
I can say "Patience" and "Time management" is the most challenging in bitcoin.You cant prevent them, you need to endure them. Why? If we have a lack of patience, you couldnt survive earning profit from BTC, and also without time management, it is hard to earn bitcoin, when, where, and how.


Title: Re: what are the common challenges for bitcoin user?
Post by: tonysitaly on March 20, 2018, 12:40:32 PM
I also think the biggest challenge in bitcoin is the application. The good news is that in recent years, digital money is being known by more and more people. Our community is expanding every day. The bad news is that most governments are skeptical or even opposed to the special currency. This is well understood, because bitcoin will snatch the control of the government and other departments.


Title: Re: what are the common challenges for bitcoin user?
Post by: Matimtim on March 20, 2018, 12:54:01 PM
There are many challenges that we can encounter herein bitcoin world  like, how to be become more effective bitcoin user and how to perform our task smoothly.  As we can see there a lot of new policy in the forum like merit system, that we must to face it, because we are a member of this  forum, and for easy to adopt what really happened we need to accept whatever happened.

Challenges is always present in our daily life so be patient if we can encounter any challenges here in crypto world.


Title: Re: what are the common challenges for bitcoin user?
Post by: eternalgloom on March 20, 2018, 01:01:33 PM
The thing I worry most about is that governments would impose stricter regulations on crypto in general.
This could range from higher taxes on profits made or even the outright banning of certain forms of cryptocurrency.

I doubt that it would take too long before the EU comes with more regulations, I really hope they'll make them as permissive as possible.


Title: Re: what are the common challenges for bitcoin user?
Post by: Boysen on March 20, 2018, 01:14:36 PM
The common challenges I face as a bitcoin investor is tge stereotyping of people towards me. They think that because it came from the internet, I'm already an online scammer. They think that because bitcoin's value is unstable, it wouldn't have a future. Apart from this however, the things that makes me scratch my head the most is bitcoin's unstable value. It makes it hard for me to pick a time for me to reap what I earned.


Title: Re: what are the common challenges for bitcoin user?
Post by: carlisle1 on March 20, 2018, 01:15:12 PM
I think national policy is the biggest challenge for bitcoin.
The second is the emergence of quantum computers, which in the future may be able to crack bitcoin's private keys.
youve got it right mate,the national policy is killing us now until this issue been cleared and provided by action.this will always push down crypto,since the governments wont let bitcoin of crypto holders get away without paying taxes,and the quantum computers that is a big threat to this community,as now many hacking issues been solved by more platforms and sites still more and more will come to make worst if this wont make solutions


Title: Re: what are the common challenges for bitcoin user?
Post by: genology on March 20, 2018, 01:17:17 PM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.


Title: Re: what are the common challenges for bitcoin user?
Post by: Toukexx99 on March 20, 2018, 01:20:51 PM
As a currency, Bitcoin sounds perfect. But, like all creation, let alone the creation of man, there must be lack or incompetence. Here are the challenges that Bitcoin still faces:
Bictcoin still can not cope with too many deals. Bitcoin can only handle 5 transactions per second. If we compare with Visa, for example, Visa can do 2,000 transactions per second. Fortunately, many solutions are being worked out to increase transaction capabilities that can be done in seconds, without sacrificing the security aspects that are key to Bitcoin's success so far.
Bitcoin can be hacked, and some of this statement is true. Bitcoin on a grand scale can never be hacked by anyone. Hacking happens mostly due to the carelessness of private users. To be sure, to prevent this from happening, you should make sure your passwords are secure, and only you know. Another error also occurs if you send Bitcoin to the wrong account. Because of its uninterrupted nature (third party), the money sent will not be able to return, unless you can convince the recipient to return.


Title: Re: what are the common challenges for bitcoin user?
Post by: BTCLovingDude on March 20, 2018, 01:21:12 PM
these days it seems to me like the biggest challenge that newcomers (which are a big part of bitcoin users) are facing is all this FUD that is flying around. imagine you are new and want to know more about bitcoin and you keep hearing all this misinformation online from news sites, even big ones like Forbes and CNBC and all you can see is doomsday!
unfortunately we can not do anything about it. they will keep on spreading their FUD as much as they can.


Title: Re: what are the common challenges for bitcoin user?
Post by: Silentsweeper on March 20, 2018, 01:30:15 PM
The most common concern expressed by crypto practitioners and experts is that there simply isn’t rapid enough adoption, largely due to the current complexity of using cryptocurrencies and secondarily due to fear.I choose to store some of my money in bitcoin, its buying power could climb or fall significantly by the time I leave. Most people simply don't want to deal with that level of currency risk. Before bitcoin achieves mainstream adoption as a currency, I believe the price is going to need to become much more stable.


Title: Re: what are the common challenges for bitcoin user?
Post by: flower1024 on March 20, 2018, 01:40:21 PM
these days it seems to me like the biggest challenge that newcomers (which are a big part of bitcoin users) are facing is all this FUD that is flying around. imagine you are new and want to know more about bitcoin and you keep hearing all this misinformation online from news sites, even big ones like Forbes and CNBC and all you can see is doomsday!
unfortunately we can not do anything about it. they will keep on spreading their FUD as much as they can.
I heard some major banks are involved and spreading this kind of fake news every day. but seriously this is affecting all crypto investors and newcomers are stepping back from this crypto investment. now the biggest challenge is how to convince people to invest in cryptocurrency.


Title: Re: what are the common challenges for bitcoin user?
Post by: Juliedarwin on March 20, 2018, 01:45:17 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The biggest challenge for bitcoin users is the unexplainable value of coins. Sometimes it goes up and sometimes it's a dump price. People are thinking if they are going to sell or to keep it hodl.


Title: Re: what are the common challenges for bitcoin user?
Post by: Uno17 on March 20, 2018, 01:52:23 PM
Nowadays the common challenge we are all facing is the market volatility measure, it will slowly go up and suddenly decreases too, much more than the increase made. So loses we are experiencing are the common sentiments we all have today. And another challenge also we are facing with, is the acceptance of bitcoin to the market, that one day it will be a part of our payment system to anywhere like ordinary groceries and dapartment stores. And also we will consider the inluence to convince more investors come and join to make bitcoin more stronger.


Title: Re: what are the common challenges for bitcoin user?
Post by: Sachinist on March 20, 2018, 01:53:02 PM
The biggest challenge is security and complexity of storing and using bitcoins for the uninitiated. Most people also just hop on the hype train without carrying out due research and this saturates the market with quick profit seekers who lack the stomach to ride out price dips. Bitcoin is too complicated for the average user and there's no easy fix for that.


Title: Re: what are the common challenges for bitcoin user?
Post by: cryptolet on March 20, 2018, 02:00:36 PM
Some challanges are volatility, widesread acceptance, being potential for theft or being open to criminals, tax issues and scalability. Though bitcoin and general use of digital currency  is stil young, most of these problems can solved or work out with time.


Title: Re: what are the common challenges for bitcoin user?
Post by: AdamRay on March 20, 2018, 02:06:56 PM
I think the biggest challenge facing Bitcoin is the sharp drop in Bitcoin prices. When buying Bitcoin at high prices, in the future the price may fall. So we will lose a great deal of capital. The second challenge is to prevent hackers from hacking into our BTC account. So we are always careful in dealing. I think that is the biggest risk when we hold the BTC.


Title: Re: what are the common challenges for bitcoin user?
Post by: megatrix on March 20, 2018, 02:11:39 PM
I think national policy is the biggest challenge for bitcoin.
The second is the emergence of quantum computers, which in the future may be able to crack bitcoin's private keys.

The fact that some countries don't recognize bitcoin is the main challenge a bitcoin user can face since it's base on this on how we can send or even use bitcoin. The second one is probably the price of bitcoin is very unstable that could lead to the risky decision.


Title: Re: what are the common challenges for bitcoin user?
Post by: zigfridkr on March 20, 2018, 02:52:19 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Here are some challenges being faced by bitcoin users:

1) Volatile prices: As an investor, the volatile prices may be scary for a lot of people. This applies especially to new investors. Only way to prevent this is by investing for long term which reduces the risk.

2) Negative news: A lot of negative news is spread against bitcoins by media and other people. This may raise doubts in mind of bitcoin users. This can be prevented by following credible new sources.

In addition to these there are various other issues which cannot be prevented by the user. For instance, if your country decides to ban bitcoins completely, you cannot do anythign about it.


Title: Re: what are the common challenges for bitcoin user?
Post by: batang_bitcoin on March 20, 2018, 03:07:35 PM
1.what challenges are facing bitcoin?
I have many challenges on my mind but these are the few of it - adoption and FUD news.
2. how we can prevent it?
We can't prevent the challenge of adoption but it will be gone eventually when many are using bitcoin already and about the FUD news, it's one of the biggest problem of the world.
3. how we should face those challenges?
Yes.


Title: Re: what are the common challenges for bitcoin user?
Post by: dnovsckym on March 20, 2018, 03:16:55 PM
In my opinion, expensive transactions. Bitcoin was created for a free and simplified life. And now there is a bunch of exchangers who can overstate them. :(


Title: Re: what are the common challenges for bitcoin user?
Post by: postokenlover on March 20, 2018, 03:22:11 PM
I think the most common challenge to bitcoin should be the policy of every country on digital currency. The more direct view is that the bitcoin community can develop smoothly. If there are many countries supporting digital money, the digital currency community will become bigger and bigger, and the number of people who are new to the digital currency will be more and more. If most countries do not support it, then bitcoin is hard to move forward.


Title: Re: what are the common challenges for bitcoin user?
Post by: joebrook on March 20, 2018, 03:43:46 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The most serious challenge that faces bitcoins users are the FUD and all the negativity that's going around in the media at the moment. Because these negativity, newbie investors just panic and they begin to sell their bitcoins which drops the price down considerably.


Title: Re: what are the common challenges for bitcoin user?
Post by: fatirborju on March 20, 2018, 04:09:17 PM
The biggest challenge in bitcoin is the price and the requirements when someone wants to join a project, whether it's facebook or a signature campaign, because the fickle price sometimes makes us panic, and sometimes difficult requirements, how to deal with it I think to be patient and always trying to find out about the requirements of projects in the bitcoin world ...


Title: Re: what are the common challenges for bitcoin user?
Post by: Anakcikal on March 20, 2018, 04:19:54 PM
I think the challenge for bitcoin users for me is to be patient and also be predictable when bitcoin bubbles


Title: Re: what are the common challenges for bitcoin user?
Post by: mast3rm1nd on March 20, 2018, 04:25:35 PM
my biggest problem with bitcoin is how do I grow more of it ?? I just don't know how !! I have been trying for a long time but I just can't seem to be able to get 1 BTC trough trading...


Title: Re: what are the common challenges for bitcoin user?
Post by: gatti on March 20, 2018, 04:26:40 PM
Simplest challenge I had faced in bitcoin is hold.I had some bitcoin in my wallet for long.Whenever the price fluctuate,I had often try to sell.It made me panic many times.The challenges I had met is to hold my bitcoin in such fluctuation times.


Title: Re: what are the common challenges for bitcoin user?
Post by: btc-facebook on March 20, 2018, 04:30:34 PM
Bitcoin can be use for criminal attempt that's why my country still forbid them

Bitcoin can cause inflation that's why my country still forbid them

And my government do not want to legalize bitcoin because of two point reason, of course every country have their regulation about bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: aronalek on March 20, 2018, 04:32:07 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think that the transaction time is something that should be worked upon. It should be made instant if bitcoin has to compete with payment options like PayPal.


Title: Re: what are the common challenges for bitcoin user?
Post by: Gaff on March 20, 2018, 04:32:46 PM
these days it seems to me like the biggest challenge that newcomers (which are a big part of bitcoin users) are facing is all this FUD that is flying around. imagine you are new and want to know more about bitcoin and you keep hearing all this misinformation online from news sites, even big ones like Forbes and CNBC and all you can see is doomsday!
unfortunately we can not do anything about it. they will keep on spreading their FUD as much as they can.
The most common challenges of a bitcoin user would be the volatility and unstability. On this case, persuading somebody to join and invest may be hard, it takes a lot of time to explain and change their misconceptions about bitcoin as a whole.


Title: Re: what are the common challenges for bitcoin user?
Post by: coinbitrade on March 20, 2018, 04:34:50 PM
The biggest problem is the constant change in cost. And a sharp drop and the same sharp rise up. This is an excuse for panicking many people. To combat this problem, it is necessary to strengthen capitalization


Title: Re: what are the common challenges for bitcoin user?
Post by: hh4mmm on March 20, 2018, 04:34:53 PM
the only challenge i know about is just the decrease in the market value and national regulatory system,
i know some of the countries don't really accept bitcoin, those are only challenge we some people or bitcoin holder are facing now.
that is for me.


Title: Re: what are the common challenges for bitcoin user?
Post by: kingkonjac on March 20, 2018, 04:35:35 PM
in my opinion one of the challenge is that btc has so many uneducated investors which own the coin and are so open to panic and are affected easily from FOMO or FUD by resulting in so high volatility.


Title: Re: what are the common challenges for bitcoin user?
Post by: surgical_duude on March 20, 2018, 04:42:59 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The difficulty most people get involved in Bitcoin and the virtual money industry is that everyone is struggling to choose which currency to invest in, so many people worry when their money is spent somewhere. Get back to the risks, and this is most common people.


Title: Re: what are the common challenges for bitcoin user?
Post by: just_Alice on March 20, 2018, 05:00:21 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Challenges may involve different regulations that governments may implement, like taxes for transactions, purchasing, or cashing BTC, maybe even for storing it and price volatility during stabilization period. We should not prevent it, if we want cryptocurrencies to be legalized, we should accept that decentralization will suffer, but therefor we will obtain worldwide Bitcoin usage.


Title: Re: what are the common challenges for bitcoin user?
Post by: Bdstar on March 20, 2018, 05:00:51 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Basically, Bitcoin is becoming a challenging issue in the daily life for among us who are involved in this platform. Actually, Bitcoin is holders should maintain some specific challenge such as Controlling the greedy of money and price. For me, when the price goes up then people always want to sell their stock at this time but to stop selling is the biggest challenge for us. we have to reserve a long time for the future purpose. but we only want to think about the present time.


Title: Re: what are the common challenges for bitcoin user?
Post by: jhean_arcane on March 20, 2018, 05:27:35 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I'll go to the most basic problem. The more complicated ones will be handled by the experts. But as a normal person with layman understanding, here's how I perceive it.

1. The challenge bitcoin faces is the need for internet connection. Yes you can store the value offline, but the issue surfaces once you use it for transaction. As someone who lives in a third world part of the world, bitcoin is a hassle to be used as a major mode of payment.

2. We can prevent this if the internet services will be decentralized as well. I don't know how this will be possible but the internet providers from where I live is an empire and they have control of the connectivity. Free public wifi is not really free and the connection is super slow that your eyes will bulge and turn red from waiting. Only those who have some extra money to spend are those who can afford a good internet connection.

3. How should we face this challenge? If you are living in a metro, this is easily managed. But if you are living in the country side, good luck. For now, the only thing I can think off is if the government will allow outside investors to compete with the major communication giant to pressure it into giving people a better service .


Title: Re: what are the common challenges for bitcoin user?
Post by: brickafterbrickwalldpt on March 20, 2018, 05:45:51 PM
I think that the most common challange for average Bitcoin user is security and choosing a proper wallet. Some people prefer more convenient solutions (web wallets) rather than security (hardware and software wallets). I started with Electrum and I'm still using it all the time because I think it's one of the most secure options available right now. Beside security, new users have to deal with large amounts of knowledge which is required to discuss with other users or trade. Predicting the price is very easy, but you have to give a proper reason why you think that it will happen.


Title: Re: what are the common challenges for bitcoin user?
Post by: vinz7229 on March 21, 2018, 02:15:52 AM
Well for me.. I see some other countries dont accept what bitcoin is, they need to take a look beyond crypto/digital currency in a future how they can help thier economy, and we can faced it by trying to encourage those people who didnt understand it or try to motivate them
 

I think the number one challenges that Bitcoin facing out today is the country that didn't allow or support Bitcoin to use by their countrymen, cause even though some people hold some Bitcoin it would hard for them to find an exchanger we're they can convert their Bitcoin into Fiat currency, second is investment in Bitcoin, It really test your ability on how to monitor your alt coins just to make sure that you wouldn't missed the right time when Bitcoin gets pump up.


Title: Re: what are the common challenges for bitcoin user?
Post by: oceamp on March 21, 2018, 02:20:21 AM
I think the challenge facing Bitcoin should be the attitude of various countries. Now that many countries have not yet accepted Bitcoin, they even started to ban Bitcoin. This is a very bad phenomenon.


Title: Re: what are the common challenges for bitcoin user?
Post by: cbeew3 on March 21, 2018, 02:24:34 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think that the transaction time is something that should be worked upon. It should be made instant if bitcoin has to compete with payment options like PayPal.

Although Bitcoin's payment system protects user privacy, it also brings some problems. For example, after the end of the transaction, some miners have put together computers to jointly search for Bitcoin. This model is called "mine pool."


Title: Re: what are the common challenges for bitcoin user?
Post by: monkeydominicorobin on March 21, 2018, 04:43:55 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The only challenge that exist is how to accomodate those who decided to hate it in the first place. For they will always hope that it will fail. That the world will not learn how to use it. Once Bitcoin persists and dominates they will have no recourse but to hate themselves for convincing themselves that Bitcoin will never flourish just because they hate nerds and geeks that made it successful.


Title: Re: what are the common challenges for bitcoin user?
Post by: supermine on March 21, 2018, 04:50:30 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The most common problem faced by bitcoin users are still bitcoin cannot be used as a currency because it is not accepted as a means of payment.This is due to the people think bitcoin as an investment not a currency so the prices are keep bumping and dumping.We need to adopt to the system as soon as possible if we want that bitcoin to be used as currency.


Title: Re: what are the common challenges for bitcoin user?
Post by: nellakarisma on March 21, 2018, 05:03:59 AM
A common challenge merit me after I feel joining in the world of good crypto trading and so forth.
.1 # the price is not stable that sometimes makes me have to lose if I sell when the price drops like now .
2 # sometimes when I get a pretty big profit in my opinion and I spend this and that people around me sometimes say and accuse me of doing business that is banned by the state like gambling and so forth .
3 # which is this last number which always make my little heart ask questions maybe bitcoiners too.
I am afraid and worried the world of crypto sometime in the cap and without any news in advance while the assets we have not deep inside we take .
or when we exchange with our country currency there is no market or people who serve it.

.# but hope i hope the crypto world will go ahead and many countries join and support the world of cryiptocurrency #


Title: Re: what are the common challenges for bitcoin user?
Post by: Russlenat on March 21, 2018, 05:12:38 AM
For me is the security issue is the most and common challenges that ever encounter in every bitcoin holders, if your account will be hack or you forgot and lost the key then your holding will be lost forever.


Title: Re: what are the common challenges for bitcoin user?
Post by: shezu007 on March 21, 2018, 05:15:40 AM
The greatest test that Bitcoin will confront is the direction of governments and the individuals who spread FUDs. How to anticipate it? nobody can avoid it, in light of the fact that there are nations that would prefer not to about Bitcoin being a strategy for installment or make it legitimate cash. Another test is the unpredictability, as long as Bitcoin cost are not steady, there will be just couple of organizations and administrations that will need to acknowledge it as an installment. How we would it be a good idea for us to confront those difficulties? I don't feel that Bitcoin will turn into a cash that is by and large broadly utilized for purchasing merchandise, since individuals will dependably consider Bitcoin a venture as opposed to utilizing it as a medium of installment and we need to acknowledge that.


Title: Re: what are the common challenges for bitcoin user?
Post by: Pier7 on March 21, 2018, 05:21:04 AM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

I agree with you. Even though the bitcoin is becoming more popular currency around the world but not all countries are accepting it as legal currency that could be used for paying goods and services. Another challenge is that bitcoin isn't user friendly. If only bitcoin is very easy to use, with just touch of a button, more less tech-savvy consumers will be interested in the world of bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kakmakr on March 21, 2018, 05:51:14 AM
We should reduce the criminal elements within our community. We should be the driving force behind this to weed out these criminals. By doing this, we will show that we as a community, do not support criminals and that we are not criminals as suggested by many of the mainstream media.

We have a lot of talented developers and white hat hackers to help us with this. They should help us to expose these criminals. 


Title: Re: what are the common challenges for bitcoin user?
Post by: ajochems on March 21, 2018, 05:59:46 AM
Every one in this forum will faces some challenges.It will vary based on the people mind.Even I had some challenges in bitcoin.I had try to save one bitcoin in my wallet from long.But still now,it was my day dream.Once the price increase to certain value,I will sell my certain part of bitcoin to enjoy my life.
When the price increases ,I will get excited. ;D ;D


Title: Re: what are the common challenges for bitcoin user?
Post by: heureca on March 21, 2018, 06:03:02 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Everyone can support BTC and criptocurrency at all. Even registering and participating at this forum you also can help criptocurrency development. Tell about criptocurrency your friends, tell about blockchain technology - the more people will know about cripto the more people will be interested in it


Title: Re: what are the common challenges for bitcoin user?
Post by: MLBBPLG on March 21, 2018, 06:10:29 AM
my opinion is :
1. On the bitcoin challenge is the fall in market prices (bitcoin prices are being destroyed)
2. saving electricity usage, do not sell bitcoin at a price that adds down to the price of bitcoin or other coin
3. By saving electricity and holding the bitcoin sale price at the price it should be in order to raise the sale price of bitcoin. as well as for other coins


Title: Re: what are the common challenges for bitcoin user?
Post by: joanshu on March 21, 2018, 06:18:14 AM
One of the main challenge that i felt that a btc user has to face is that they should be ready to take up any kind of risk while being a btc holder .The price of the btc market depends on the market trend and the btc holder has to be updated about the market trends or else they will end up in loss. Another thing which can affect a btc holder can be the unexpected ban that can come up in their nation if any government but ban on btc investment they will no longer be able to use btc in their nation and it can also affect the investor as they will be in huge loss and it is not everyone's piece of cake to afford btc these days.Apart from that it is the best investment decision one can do in this scenario.


Title: Re: what are the common challenges for bitcoin user?
Post by: kiver on March 21, 2018, 08:41:57 AM
1. Since crypto is a challenge to government fiat currency, not being squashed and stamped out by government regulation and FUD will be a huge challenge. Until governments can control it completely, they will claim that it serves no purpose, is only for terrorists to wash their money, etc. Since Bitcoin is the most popular crypto, it will take the brunt of the attack.
2. By educating people and/or electing people who know better.
3. See above. Also, older people tend to be more distrustful of crypto and young people tend to embrace it more because they understand it. I think a healthy distrust of government and an understanding of the technology are the keys to mass acceptance for Bitcoin.
i like your take on things and i think also like everything in this life is evolving over time like phones tv.pcs etc...
also will the crypto market and there will a lot of changes that will benefit the community and the holders when we find more ways to get crypto widely accepted as a form of payment


Title: Re: what are the common challenges for bitcoin user?
Post by: reboot24 on March 21, 2018, 09:04:43 AM
The common challenge in bitcoin is it's volatility. Because of unpredictable prices.


Title: Re: what are the common challenges for bitcoin user?
Post by: DoublerHunter on March 21, 2018, 09:48:18 AM
Through the years of being a bitcoin user, the fast changes in the price of bitcoin is the only thing that i think that is a common challenges because you can lose hope and just quit in doing bitcoin because of the volatility that might piss you off since you can really lose money because of that. Just like what is happening for the past few days that the price of bitcoin dump so hard and the other people already lose some of their money by panic selling.


Title: Re: what are the common challenges for bitcoin user?
Post by: criz2fer on March 22, 2018, 05:22:30 AM
Well for me.. I see some other countries dont accept what bitcoin is, they need to take a look beyond crypto/digital currency in a future how they can help thier economy, and we can faced it by trying to encourage those people who didnt understand it or try to motivate them
 
Motivation is not a key for them, it is the knowledge of what the system can do in the market is the most important foundation of not making people sell their bitcoin. If we could distribute the information with the trusted influencers that is well known from that country, it would be a great impact not also the society but in the market.


Title: Re: what are the common challenges for bitcoin user?
Post by: niisarearning on March 22, 2018, 05:47:31 AM
As in G20 summit announced cypto currencies are not currencies its like asset because of huge volatility. I think major challenge with bitcoin is volatility where no one can predict actual value . Like currency which i having value . Wher while buying anything we know the exact value in any country in terms of local currency. But we cant fix the price for anything using crytpo currency or bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Thanasis on March 22, 2018, 05:52:45 AM
Bitcoin is not used by the users what is meant for we are using as money making product buy just dumping and bumping so if the user want to spend his bitcoin without converting it into fiat is not possible yet.And the price volatility is the big problem with bitcoin so no one want s to use it as a currency.


Title: Re: what are the common challenges for bitcoin user?
Post by: Vannie12 on March 23, 2018, 01:29:32 PM
As of now, the problem I see that bitcoin users are facing is the regulation of cryptos in a country. Until now, no one knows how governments will act upon the current technology and how could they actually put taxes. It really confuses and threatens some or most of the users since they do not know how high they could probably get.
In some countries, like the Philippines, there are already fees for cryptos to be converted to fiat. There are not much of the stores accepting bitcoins that is why converting it to fiat is recently used. And today, taxes and regulations are still up in the news putting another burden to the users. Instead of putting stores first to implement the use of cryptos and to observe how effective it could have, they are starting to suck up from it as soon as possible. I can not really feel its convenience yet they are starting to get really annoying about fees.


Title: Re: what are the common challenges for bitcoin user?
Post by: russella31 on March 24, 2018, 02:51:51 AM
Bitcoin has been in the market for quite some time now. It has marked its name in the market. But some of the common challenges bitcoin is facing is how people adopt bitcoin. Some countries don't accept bitcoin yet. And I hope the time will come that bitcoin will be widely accepted around the world.


Title: Re: what are the common challenges for bitcoin user?
Post by: franciscoDC on March 24, 2018, 03:15:11 AM
I think guessing about the price,i think many investor had experience it,and im sure that we can avoid it by researching about reading the graph,it might be helful.as of now the price of bitcoin was quickly moving because of many people who invest on it.


Title: Re: what are the common challenges for bitcoin user?
Post by: jamids on March 24, 2018, 03:39:49 AM
For those people who heard about bitcoin being in the news and they know that you have bitcoin but since the news is negative reporting about it being involved in illegal activities then they would just easily conclude that you are doing illegal activities as well. It is hard to convince close minded people and they are just brainwashed by the media. This is one of the challenge of a bitcoin user. It is better to keep our mouth shut and let them believe what they want to because eventually they will realize their mistake when more people are using it and they are still being negative about it. Another challenge is when people earn big amount of money through trading and your bank decided to suspend your account because you are a suspect of money laundering since you suddenly have a big amount of money. It can be easily proven when you show your trading history but some takes time to accept your evidence.


Title: Re: what are the common challenges for bitcoin user?
Post by: quymn9 on March 24, 2018, 04:00:01 AM
The common challenge for bitcoin users should be that Bitcoin will easily receive market influence, price volatility will be particularly large, and it will be difficult to predict future developments.


Title: Re: what are the common challenges for bitcoin user?
Post by: litepresence on March 24, 2018, 06:25:04 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Lol :) I would say the first challenge for the bitcoin user is the bitcoin user itself.  Because some might spreading fake news about bitcoin. 
They should avoid being panic by the fake news and selling their coins for low value.
This gives a great dump to the price of bitcoin in the cryptomarket. Trading is always unpredictable so we should have some patience before making a decision.


Title: Re: what are the common challenges for bitcoin user?
Post by: vinz7229 on April 22, 2018, 02:07:26 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most challenging issues that's bitcoin facing right now are the country that banning Bitcoin for their countrymen,  there are really countries that banned Bitcoin due to being anonymity, cause if you make a single mistakes specially in paying some important bills you cannot reverse it anymore, that's the biggest problem that Bitcoin facing thru why some country's banning bitcoin totally.


Title: Re: what are the common challenges for bitcoin user?
Post by: ranman09 on April 22, 2018, 02:12:15 PM
I think national policy is the biggest challenge for bitcoin.
The second is the emergence of quantum computers, which in the future may be able to crack bitcoin's private keys.

I agree, I think how the government is trying to harness or regulate bitcoin is the problem. They just can't accept that it will be hard to regulate and tax bitcoin. So they create regulations that somehow scares people and slow down the adoption.


Title: Re: what are the common challenges for bitcoin user?
Post by: badakjawa on April 22, 2018, 02:55:37 PM
I think there are many challenges for bitcoin to deal with, but the most important thing is about bitcoin regulation because, with bitcoin regulation, bitcoin can fly freely, and also bitcoin transactions will be protected by the world.

and all we have to do now as bitcoin users is to give a good contribution for bitcoin and explain to society about the good side of bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: AdoboCandies on April 22, 2018, 03:29:20 PM
The challenge facing bitcoin is the people who uses Bitcoin to promote their scams their using bitcoin to gather some customers also because of the popularity and trend of it and now because of that people think of it as a scam and also the other government also think the bitcoin as a scam and making it as a illegal to their country to face it maybe people needs to be open minded and other countries must accept bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: BelieveInBTC on April 22, 2018, 03:43:00 PM
Average Internet user might have problems at the beginning with using Bitcoin properly. There are many guides on the Internet but some people still don't understand how they should keep their bitcoins safe. Bitcoin is accepted in many online shops so this isn't a problem anymore. Sometimes transaction fees are extremely high because the whole network is overloaded. This can't be easily solved so it will be a huge challenge for us and Bitcoin developers.


Title: Re: what are the common challenges for bitcoin user?
Post by: Spanopohlo on April 22, 2018, 03:55:38 PM
I'll only give one challenge and its one of the most barriers in the cryptocurrency and bitcoin, its about how NOT to get scammed. Every bitcoin users and investors are afraid when they are facing Scammers, all that hard earned coins going to the hands of others. Be extra careful and be very wary of the thongs you are doing in the currency world. Do some research and ask some question on how you'll face this kind of challenge.


Title: Re: what are the common challenges for bitcoin user?
Post by: Reid on April 22, 2018, 04:00:19 PM
You said it already its going to be a long ride.
At that long span of waiting what else could you do to maintain your balance.

1. How will you protect your bitcoin? First it is your identity that needs to be protected. Email accounts and every account on different websites should be change password once a month or twice. That should be mandatory because it could lead to a clue on how they can hack you.
2. During transactions use mixers and do not leak any information about yourself if not really needed.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kamote_1102 on April 22, 2018, 04:14:44 PM
I will list down some common challenges for Bitcoin users that I know of.
Patience- since the price of Bitcoin is volatile, some of us can't wait and they just want to trade their Bitcoin into real cash with haste.
scammers- though, this is actually everyone's discretion. I still believe that we're still having some troubles with those scammers who use Bitcoin to take advantages on Us


Title: Re: what are the common challenges for bitcoin user?
Post by: eelectrick on April 22, 2018, 05:25:15 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

It's almost the same for all of us, the high and erratic volatility rate bitcoins has clearly affects most of us and altcoins in the market.
Each time it goes up or down abruptly changes altcoin's price quality in mere seconds. But it's also a good time to buy crypto so it's
still healthy in a way. Increasing service fees and the upcoming foretold regulation and acceptance, that's something that's been
circulating around. A lot of nations are able to embrace and accept bitcoins, others are still on the process of accepting or banning.
But regardless of all the challenges, there are formidable solutions but for the ones that hasn't happened yet, all we can do to prepare
is to support, plan, strategize, invest and anticipate for the best.


Title: Re: what are the common challenges for bitcoin user?
Post by: btc-facebook on April 22, 2018, 05:29:30 PM
My government see bitcoin as criminal money but I see bitcoin as great investment like never before !
I'm surprise that bitcoin able beat gold market.

Of course my government forbid bitcoin with the reason in order to protect people from bad things that can happen on bitcoin usage.
So it's the matter of time before they try to adopt in legal way !


Title: Re: what are the common challenges for bitcoin user?
Post by: emanjun on April 22, 2018, 05:39:21 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
For me as a user the common challenges I am facing rightnow is how I can manage my time well or shall I say a Time Management. Being a user of bitcoin we should manage our time well, we have a lot of works to do and at the same time doing bitcoin. If you dont manage your time well it can cause lack of sleep, so you will get tired every time you will go to your work. We can face those challenges through reminding our self that we are doing it because of our family. We are sacrificing our time just to give them a descent life.


Title: Re: what are the common challenges for bitcoin user?
Post by: sureshotcoin on April 22, 2018, 05:49:08 PM
i see the main challenge for bitcoin user is hacking of wallets that the major threat every bitcoin user face


Title: Re: what are the common challenges for bitcoin user?
Post by: Dudeperfect on April 24, 2018, 05:06:43 PM
I believe that there is lack of awareness among the general public and Bitcoin users too about the core of Bitcoin. In the first case, most of the people believe that it is illegal to use Bitcoin or it is kind of scam or MLM scheme. In the second case, we know what happened recently after the rally, there was a panic selling wave in the market and most of the newbies suffered from it. We need to build awareness about Bitcoin and crypto on the ground level to inculcate the habit of using it as a payment system. I believe that we should work on it on priority basis on our individual level.


Title: Re: what are the common challenges for bitcoin user?
Post by: ivrynx on April 24, 2018, 09:36:50 PM
I think the common challenges for bitcoin user, first thing is the net, without internet, we cannot do any transactions, the next thing i think is our devices, sometimes they a rr too slow, and there ate times when we needed them the most, the battery dies out or the power is out. The next challange I se is lack of bitcoin ATMs, it is true that we are on a bull run right now, and cashing out seems to be nice, but there are only few ATMs out there, then I guess the hassle of of our own 2fa, though it is good for security, sometimes it is annoying, when you are trying to get into an exchange, but in totality, all of it is not that of a challenge once you got used to it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Dread Pirate Roberts on April 24, 2018, 10:51:47 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


for me . Which I have experienced myself is an unstable fee and can sometimes explode to very high. I once paid a fee of about 15 usd for a transaction of about 30 usd. and perhaps many have also felt the same.

it should be handled more efficiently. maybe now there is a wallet that supports segwit. but the conventional wallet users are still many. bitcoin should show the generosity of fee and the freedom of financial transactions more than at present.


Title: Re: what are the common challenges for bitcoin user?
Post by: hadveach on April 24, 2018, 11:14:19 PM
I think there are many challenges that bitcoin must face to become a legal digital currency. I divide into big challenges and small challenges. big challenges come from the international world, usually in the form of regulation to resist bitcoin, this factor is based on the actions of someone who uses the name of bitcoin for criminal, so the name of bitcoin becomes bad and the public will not accept bitcoin.

and the small challenge like the fake news, and the fake news is easy to solve, to correct the news first and compare it with other news, then spread the truth about it.


Title: Re: what are the common challenges for bitcoin user?
Post by: eduvacation.net on April 24, 2018, 11:30:34 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the biggest challenge to achieving the goal that bitcoin can be used as a method of payment for a good is to survive any news about countries that prohibit the use of bitcoin. I do not know how to deal with this, it's just that I believe that these countries will accept bitcoin by themselves because they will realize that the technology used bitcoin can be a solution to the global economic problems.


Title: Re: what are the common challenges for bitcoin user?
Post by: Fire316 on April 24, 2018, 11:37:20 PM
   I think the common challenge for bitcoiners or bitcoin users is having fear to invest in bitcoin because of it's volatility and not stable. Everytime bitcoin price rapidly change with out our knowing,that's the market in crypto world. We need to accept that and we need to overcome our fears in bitcoin to achieve our goals,just think positive,hope,believe and always trust in bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Shiversnow on April 24, 2018, 11:55:19 PM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.
The biggest common challenge in bitcoin is fall down the value cause we cannot predict what will happen tomorrow it is very risky for us. But we need to face this challenge to become more stronger in the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: poletando on April 25, 2018, 12:09:05 AM
for me the common challage of bitocin user that do trading in bitcoin and cryptocurrencies is hold your self to join the panic selling moment, when the price of the coin decreased there are always panic sell moment, and i always try to hold my coin and dont join into panic sell moment, but its too hard to me because im afraid if the price will going down more and more after i hold it


Title: Re: what are the common challenges for bitcoin user?
Post by: Cryptopher on April 25, 2018, 12:19:28 AM
Acquiring, storing and spending, all of which securely.

Potentially even the taxation side of things from a capital gains perspective. What a bloody nightmare!


Title: Re: what are the common challenges for bitcoin user?
Post by: Gens09 on April 25, 2018, 12:21:14 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The challenges that most of bitcoin users facing is that dropping off the value of bitcoin and also the scammers and hackers who entered bitcoin world. It feels so sad when we know that the value drops off again especially now every bitcoiner needs money for their summer vacarion but because the bitcoin is not worthy to sell for now, their vacation is cancelled or resched. And also the hackers and scammers who in dropping off the btc value.


Title: Re: what are the common challenges for bitcoin user?
Post by: m.mendoza on April 25, 2018, 01:19:32 AM
Well for me.. I see some other countries dont accept what bitcoin is, they need to take a look beyond crypto/digital currency in a future how they can help thier economy, and we can faced it by trying to encourage those people who didnt understand it or try to motivate them
 
I can see common challenges for bitcoin is when the value or price of bitcoin goes down or gets lower. Everyone always try to hold their coins and dont join into panic sell moment, but its too hard to all of us because we are afraid if the price will going down more and more after i hold it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Raven91 on April 25, 2018, 01:30:40 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
the most relevant challenges that we are facing right now is the drop off of the value of bitcoin it's not easy to invest in bitcoin it's like we invest in a company that it's in critical stage i think we can not prevent this incident anytime of the year there will always a decrease in value not everytime bitcoin has a high value we should just be patiently waiting.


Title: Re: what are the common challenges for bitcoin user?
Post by: Thecryptocurrency09 on April 25, 2018, 01:41:29 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Bitcoin run for almost a decade, if I not mistaken, bitcoin run for more than a 10 years in this industry. And for these long years, what I have been noticing is the vulnerability on its value, which seems to be ordinart or turns out to be usual for us who have gone a long time with it. It is amazing how people tend to stay on it, which takes a brave heart and patient for its rise again. Therefore, waiting is a must in it. Eliminating overthinking and of course, waiting for the right timing.


Title: Re: what are the common challenges for bitcoin user?
Post by: Paul karet on April 25, 2018, 03:08:47 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
be patient to pay attention to the rise in bitcoin prices that currently exceed $ 9000, this is very influential for bitcoin users to save coins.


Title: Re: what are the common challenges for bitcoin user?
Post by: Pasaway2701 on April 25, 2018, 03:15:53 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Bitcoin run for almost a decade, if I not mistaken, bitcoin run for more than a 10 years in this industry. And for these long years, what I have been noticing is the vulnerability on its value, which seems to be ordinart or turns out to be usual for us who have gone a long time with it. It is amazing how people tend to stay on it, which takes a brave heart and patient for its rise again. Therefore, waiting is a must in it. Eliminating overthinking and of course, waiting for the right timing.
The only challenge in bitcoin is that how the user stay strong to handle their coins in the time that the price is dumping, and how they survive without using bitcoin and find another job just to never use bitcoin. Even we are thinking and believing that bitcoin price will rise just wait, we cannot end up on holding that far especially if you do not have anything to use for emergency. We have to get another source of income to overcome this kind of challenge.


Title: Re: what are the common challenges for bitcoin user?
Post by: jademaxsuy on April 25, 2018, 03:48:41 AM
Well definitely there is no problem with bitcoin right now since it has being improved and many are also contributing to the betterment of the system. Just like the new add merit system. I do believe that this system could help maintain a healthy environment for the system. Aside from that bitcoin has already establish so there is no question about its technicalities and it is already being proven through years. Though there are other crypto that might get security compromise but it will never happen to bitcoin. However, challenges are always there for bitcoin. I do not know if bitcoin could be evolved or merge into a new currency that might be accepted to all the countries around the world as a form of payment or any transactions that bitcoin could be used.


Title: Re: what are the common challenges for bitcoin user?
Post by: binhvo1505 on April 25, 2018, 03:54:45 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
In my personal opinion, the challenges bitcoin is facing are security and instability. The current level of security of many wallets is not good when too many hackers to invade to rob the money of investors.
For instability, the whales can take advantage of the opportunity to take advantage of bitcoin. making traders were trapped and they will pay dearly for the greed to see the market go up.


Title: Re: what are the common challenges for bitcoin user?
Post by: Haxor321 on April 25, 2018, 04:09:30 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Base on our experience, one of the challenges that I considered thru facing in bitcoin is having it's highly volatility which makes a continuously serving a ups and down fluctuations. As for the past couple of months we do experienced a long run downfall of of it's value that made most people nervous and panic. As of now no one can actually knows how to prevent to come this kind of scenarios and as a true believer and supporter of bitcoin is only things that we need to do in case we experiencing that again, we need to be calm and relax our self because we need to keep to our mind that it is just only a part of fluctuations and it can be fixed again we just need to patiently wait because it is sure that the right track will come again and the bull run will exist. Don't loose hope and patiently wait that will be our weapon to conquer this difficulties and soon we can reach our success.


Title: Re: what are the common challenges for bitcoin user?
Post by: CyM99 on April 25, 2018, 04:29:14 AM
The common challenge for all bitcoin users is: the tremendous amplitude of bitcoin volatility is unstable. The government does not recognize bitcoin and other types of digital money as a means of payment and therefore, all Bitcoin payments in the economy are presumed to violate the law and may be subject to criminal proceedings. The electronic money market is degraded as multi-level.


Title: Re: what are the common challenges for bitcoin user?
Post by: setialovers on April 25, 2018, 05:54:39 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the biggest challenge bitcoin is regulation from government. Many bitcoin adopter can not spend bitcoin for daily use because in many country, bitcoin prohibit as payment. Government regulation is important role if we want bitcoin known by people more widely


Title: Re: what are the common challenges for bitcoin user?
Post by: freshm4ker on April 25, 2018, 09:49:01 PM
cryptocurrency can not be separated from the innovation and advancement of digital technology that can not be dammed and increasingly affect the lives of modern humans. The rate of technology is not only visible from the activity of surfing the internet with Google applications for example. Moreover, digital technology also touches on the underlying aspect without reduction to call it the only essential need of modern society in everyday life, money as a medium of exchange. The money that is generally applicable in the world today is the physical money that has been known since the first after the barter. But apparently, in this dynamic modern world, in addition to physical money such as dollars, dollars, dinars, riyals, yen, or yuan there is also money in a virtual form called cryptocurrency or digital money. 8)


Title: Re: what are the common challenges for bitcoin user?
Post by: bungutko on April 25, 2018, 10:16:28 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Bitcoin run for almost a decade, if I not mistaken, bitcoin run for more than a 10 years in this industry. And for these long years, what I have been noticing is the vulnerability on its value, which seems to be ordinart or turns out to be usual for us who have gone a long time with it. It is amazing how people tend to stay on it, which takes a brave heart and patient for its rise again. Therefore, waiting is a must in it. Eliminating overthinking and of course, waiting for the right timing.

In my opinion, there are many challenges that we as users of bitcoin and for me it's accessebility
In the exchange merchants and the rising transaction cost. FUD and negative news from the media outlets causing the price value to fluctuate are common challenges that affect bitcoin.  And how to react on shch challenges,  i would say let us ignore it and just don't give too much importance.


Title: Re: what are the common challenges for bitcoin user?
Post by: baconlike on April 25, 2018, 10:23:04 PM
BTC users face the BTC on price, which will be the top risk at present. We can not anticipate the price fluctuation of BTC, if we can not predict the price may be a bad thing when joining the BTC, our capital can take at any time. because prices go down.


Title: Re: what are the common challenges for bitcoin user?
Post by: Saddam Bin Delowar on April 25, 2018, 10:38:12 PM
I think, The most biggest challenge is when we do trading in Bitcoin and you can make the right decision about Bitcoin. When we can know it, Then we can take a proper decision.


Title: Re: what are the common challenges for bitcoin user?
Post by: Rollkal on April 25, 2018, 10:49:53 PM
There are two major challenges in the MOF, namely the volatility of the BTC. As such, BTC holders are at risk when BTC prices fall. The second is always careful with the hackers. They will take over our account at any time if we are not alert.


Title: Re: what are the common challenges for bitcoin user?
Post by: cryptocue on April 25, 2018, 11:06:25 PM
Challenge not to learn the things right,we could overcome this by having our own mentors to guide us in the right path.We should be okay because if not you wont be able to improve yourself because learning cryptocurrencies indeed is a hard task because we need to learn the basics first,then after we know something about it,its going to be much easier for us to locate you.


Title: Re: what are the common challenges for bitcoin user?
Post by: Pinkris128 on April 25, 2018, 11:10:14 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
In my personal opinion, the challenges bitcoin is facing are security and instability. The current level of security of many wallets is not good when too many hackers to invade to rob the money of investors.
For instability, the whales can take advantage of the opportunity to take advantage of bitcoin. making traders were trapped and they will pay dearly for the greed to see the market go up.
The challenge that I saw that bitcoin facing was its volatility or being unstable. Many users especially newbie doesnt understand it. Also when it comes to its usage, because still bitcoin cant be used as a rule of payment. Government doesnt allow it and in some country it was already banned.


Title: Re: what are the common challenges for bitcoin user?
Post by: cordlesslake on April 25, 2018, 11:25:05 PM
The main challenges of a bitcoin user are: price fluctuations, risk of violation of the wallet and exchange problems.


Title: Re: what are the common challenges for bitcoin user?
Post by: nazaididuan1 on April 25, 2018, 11:30:20 PM
The government's attitude towards BTC is the biggest challenge for BTC users!

If the BTC is banned by the government and BTC is banned, BTC users can't trade, BTC can only be locked in the wallet!


Title: Re: what are the common challenges for bitcoin user?
Post by: tayogpanganiban on April 25, 2018, 11:36:22 PM
As bitcoin holder, for me,the most challenging one is the frequent dump of price but eversince I involved in bitcoin I already know how to handle this situation since bitcoin is volatile.


Title: Re: what are the common challenges for bitcoin user?
Post by: Jamescur on April 25, 2018, 11:36:56 PM
Hackers are the biggest challenge for BTC beginners!

When an exchange is attacked, I will check my property and sell my digital encrypted currency! Then withdraw the money! I would panic!



Title: Re: what are the common challenges for bitcoin user?
Post by: cutecute on April 25, 2018, 11:39:57 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


The common challenges for bitcoin user for me is when you are waiting for your profit or salary because it takes a long time to get it. Other said that the most challenges is the frequent dump of price here because the price of bitcoin is unpredictable.


Title: Re: what are the common challenges for bitcoin user?
Post by: Jingjess on April 25, 2018, 11:46:04 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


The common challenges of bitcoin users is the dumping of price and we don't how far or  long we can  hold and wait until the price will become stable.


Title: Re: what are the common challenges for bitcoin user?
Post by: Coinlovertoo on April 25, 2018, 11:46:29 PM
I think the most common challenges for bitcoin users is a time..
It is very hard to manage your time when you are in bitcoin industry because we all know that majority of bitcoin users
Are having different responsibilities in life .. So we must have a good managing of time.


Title: Re: what are the common challenges for bitcoin user?
Post by: baho11 on April 26, 2018, 02:10:31 AM
Here are my challenges being a bitcoin user:

* Patience
* Time management
*  Strong Determination
* Acceptance
Those are based on my experience being a user .


Title: Re: what are the common challenges for bitcoin user?
Post by: alexsandria on April 26, 2018, 03:31:46 AM
I think the most common challenges for bitcoin users is a time..
It is very hard to manage your time when you are in bitcoin industry because we all know that majority of bitcoin users
Are having different responsibilities in life .. So we must have a good managing of time.

The most common challenges for butcoin users are the unpredictable market fluctuations because the market value could pump and down anytime. Another thing is when bitcoin users joined on scammed campaigns.


Title: Re: what are the common challenges for bitcoin user?
Post by: budakjawa on April 26, 2018, 03:36:52 AM
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.


Title: Re: what are the common challenges for bitcoin user?
Post by: atutay on April 26, 2018, 03:39:01 AM
In my opinion, here are some of the challenges that I experienced.

1. Sometimes, I easily get hyped or get FUD on some news which aren't really confirmed yet.

2. Time / Time Management - I am not a full-time trader because I am currently working. I have some tasks in office which prevents me from focusing on trading, bounties, etc.

3. Lack of knowledge regarding Technical Analysis and Fundamentals - I still need  to learn more about it,

Btw, I am thinking of quitting my work and become a full-time bounty hunter or trader. Who knows.


Title: Re: what are the common challenges for bitcoin user?
Post by: trinhdinhthang20007 on April 26, 2018, 03:44:47 AM
For me is the law in our country.


Title: Re: what are the common challenges for bitcoin user?
Post by: josephpogi on April 26, 2018, 03:47:44 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
For me theres a lot of challenge in bitcoin people should need to be calm even the money that they invest decreased so much because panic is the enemy in trading and if you want to become success learn so much lesson and thunk always amd dont panic


Title: Re: what are the common challenges for bitcoin user?
Post by: Casey7 on April 26, 2018, 03:52:07 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Everyone can support BTC and criptocurrency at all. Even registering and participating at this forum you also can help criptocurrency development. Tell about criptocurrency your friends, tell about blockchain technology - the more people will know about cripto the more people will be interested in it
The challenge is only for spreading more word about bitcoin to make bitcoin is used for daily paymnet in offline market specially.
Bitcoin already accpeted in many market in online but now we need offline market which can accpet bitcoin in generally.


Title: Re: what are the common challenges for bitcoin user?
Post by: bg402402yyy on April 26, 2018, 03:58:11 AM
The issue is security measures


Title: Re: what are the common challenges for bitcoin user?
Post by: SingAlong on April 26, 2018, 04:02:12 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Bitcoin was a not a fully developed system and there are possibilities that we may encounter some as a bitcoin holder. Some of that is the bitcoin price not all the times we can experience high price, being hacked was also a common challenge we just be more careful on what we are doing and avoid opening suspicious document and file.


Title: Re: what are the common challenges for bitcoin user?
Post by: newbie-hero on April 26, 2018, 11:21:16 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


The common challenges of bitcoin users is the dumping of price and we don't how far or  long we can  hold and wait until the price will become stable.

For me, it is also the great challenge. It is almost impossible to predict when the price of Bitcoin will go up and when it can fall. You should also be very lucky and have a sense of feeling the market to sell BTC with the profit.


Title: Re: what are the common challenges for bitcoin user?
Post by: Sar elok on April 26, 2018, 11:42:55 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
1. A major challenge is bitcoin legalize bitcoin.
2. Pelegalan bitcoin can be prevented by selecting a head of State who support the bitcoin.
3. Endorses the decision of the head of State to legalize bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: bitcoinjasensatom on April 26, 2018, 12:09:58 PM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.

We all know that Bitcoin has been volatile since its inception, but as the days go by Bitcoin achieves mainstream adoption as a currency. There are challenges  that we are facing  as user , the misinformation from the wel known network site, they keep spreading thier FUD that maybe some new investor will backout. Forget private key which can never retrieve anymore .


Title: Re: what are the common challenges for bitcoin user?
Post by: leimzdyh on April 26, 2018, 12:12:25 PM
For me, the common challenges for bitcoin user is the different or the  undefined emotions  everytime bitcoins value is fluctuating. But that is the challenge of bitcoin. Once  you become a bitcoin  user probably you are a great risk-taker.


Title: Re: what are the common challenges for bitcoin user?
Post by: Dudesss on April 26, 2018, 12:17:55 PM
I think one of the common challenges of bitcoin holders is that you can't predict if the price of bitcoin will rise or crash AGAIN


Title: Re: what are the common challenges for bitcoin user?
Post by: airdnasxela on April 26, 2018, 12:28:29 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The first problem that you'll gonna face is adopting to it since you are a new user.  You need a great source of information for you to understand well bitcoin so that you will have that much problem adapting. Another problem is that bitcoin is very volatile,  and having lack of patience and easy to panicked mentality will literally take you down in this activity.


Title: Re: what are the common challenges for bitcoin user?
Post by: damrianto on April 26, 2018, 12:28:54 PM
a very common challenge for bitcoin users is to run all the rules about bitcoin always post every week. what and always keep the rules provided by the respective bounty managers. and do not forget we have to keep the private key


Title: Re: what are the common challenges for bitcoin user?
Post by: sneeze11 on April 26, 2018, 12:48:59 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?




I think the common challenges for bitcoin user is the price of it. For me it is because the price of it is unpredictable sometimes the price of it will goes down or sometimes when you didn't expect it will rise. Other challenges is that when you our tired of waiting that's the time that you think to stop working on it so just like what the expert said you need your patience here so that you can earn a large amount of money.


Title: Re: what are the common challenges for bitcoin user?
Post by: teejayrichard2 on April 26, 2018, 02:06:42 PM
One of the challenges of bitcoin is that the price of bitcoin is not stable, the price will definitely rise and fall from time to time




Title: Re: what are the common challenges for bitcoin user?
Post by: Genamant on April 26, 2018, 02:14:58 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

For me adaptation and work with the market flow. Do not force stuff and just be patient. You also need to learn to let go. IF you got left behind the market do not try and make profit as you will lose money. If yo sold at profit and the market is still going up then let go. Chances are you might lose your profit if you go after it.


Title: Re: what are the common challenges for bitcoin user?
Post by: kalstarzz on April 26, 2018, 02:26:45 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Today's bitcoin challenge I think is a difficult permission to get, we can get permission by never using bitcoin for crime, for that reason many governments have not yet authorized the permission to use bitcoin.
so let us first name the bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: AntonGrishko on April 26, 2018, 02:31:41 PM
Bitcoin is not used by the users what is meant for we are using as money making product buy just dumping and bumping so if the user want to spend his bitcoin without converting it into fiat is not possible yet.


Title: Re: what are the common challenges for bitcoin user?
Post by: dianepot on April 26, 2018, 02:55:30 PM
There is always challenges. It makes us more stronger and measures how long our patience will be. Some of the challenges I have known for having a bitcoin is
1.FUD. It is everywhere.
2.Goverment policies. We all know that there are some countries who didnt accept bitcoin as a currency. I feel pity for those people who wants to invest in bitcoin.
3.Hackers. They are also everywhere. As cryptoworld grows bigger, more hackers already been looking for targets. Your money/ assets relies on your hand. Just make sure your doing the right thing to secure all your assets to avoid those hackers.
4.High fees.
These are only few of my opinions. Patience is virtue. Have more and more patience.


Title: Re: what are the common challenges for bitcoin user?
Post by: ArkiCrypto on April 26, 2018, 03:00:00 PM
The common challenges for a bitcoin user are;

Legalization of the Digital Currency: Bitcoin and Altcoins. It is a fact that cryptocurrencies are not accepted and legalized by the government. Thus, it can be a hindrance to a bitcoin user if the government of the country where the user lives suddenly bans the use and being involved to cryptocurrency.

Fluctuating Bitcoin Prices. It is one of the toughest struggle of a bitcoin user could ever face, especially if that user is also an investor who put a huge amount of capital or everything they have. It's hard to get by and convince yourself to be patient if you see the price of bitcoin fall off more as time goes by and even harder to make decisions whether or not make investments during a time of hope considering in mind that it might be  only for a short term. However, if you're a firm believer of the potential of Bitcoin to produce huge profits then facing this problem can be tolerable to you than others.

Insufficient Knowledge and Troubles regarding Policies of the Forum. Being a beginner or newbie in this industry requires you to do a lot of catching up. Enthusiasm and hard-work are essential values for an user to be able to gain knowledge and preventing the user to be left behind. Given the fact that the are changes to the policies of the forum like the merit system makes it more challenging for the users of different ranks to get to the next level of their ranks.

Personally, the common challenges of a bitcoin user that may encounter within thyself is time management, patience and dedication.


Title: Re: what are the common challenges for bitcoin user?
Post by: monir34 on April 26, 2018, 03:06:43 PM
Common challenge for Bitcoin us unstable price. Bitcoin price always fluctuate. We can't control it. But we can prevent and face this problem.  Don't sale it on down price. It's main solution is hold. You you worry and sale then you will on loss. So keep calm during fluctuate.


Title: Re: what are the common challenges for bitcoin user?
Post by: BennyK on April 26, 2018, 03:08:49 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Bitcoin has brought innovation in the world of financing  yet being faced with threats from the banks and some governments. One of the challenges is that in the absence of internet, one cannot access his wallet to make a transaction especially during an emergency. Anyway, Bitcoin is still being developed each day. We hope to see an era when Bitcoin can be used offline.


Title: Re: what are the common challenges for bitcoin user?
Post by: De Suga09 on April 26, 2018, 03:12:55 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

1. One of the challenges that bitcoin is facing right now is its legalization. Bitcoin cryptocurrency have no legal boundaries so some people are also hesitant to invest in it.
2. Although it is hard and seems to contradict the real sense of bitcoin, there must be a law providing some legal boundaries and legal matters about it.
3. I think if bitcoin is within the law, some people will be more comfortable in joining and/or investing.


Title: Re: what are the common challenges for bitcoin user?
Post by: conceivedspoon2 on April 26, 2018, 03:27:18 PM
Several sites and businesses have started surrounding their businesses with bitcoin and altcoins. Funds transferred reflects immediately and it’s an open source transaction. I supposed that it’s just the usage that may be the challenge but more importantly, the volatility of the currrencies is really a challenge because it can go for or go against the investor. So, the price variation is usually a challenge for most cryptocurrency users.


Title: Re: what are the common challenges for bitcoin user?
Post by: AliMan on April 26, 2018, 03:41:38 PM
Several sites and businesses have started surrounding their businesses with bitcoin and altcoins. Funds transferred reflects immediately and it’s an open source transaction. I supposed that it’s just the usage that may be the challenge but more importantly, the volatility of the currrencies is really a challenge because it can go for or go against the investor. So, the price variation is usually a challenge for most cryptocurrency users.
The common challenges of bitcoin now and in the future are regulation and control or the power of government to rule out bitcoin not bitcoin will rule out the world. Maybe its a challenge to bitcoin if the government is trying to control and manipulate the whole system of bitcoin and make it favorable only to them not for its countrymen. We can prevent it to happen if we will support bitcoin and make it more powerful than people so that it the authority is on the people not in the government.


Title: Re: what are the common challenges for bitcoin user?
Post by: irenegaming on April 26, 2018, 04:28:37 PM
The most common challenges for a new user is finding out which wallet to use and how to use. And the most common fear for them is what if they send their bitcoins to the wrong address or lose their private keys. I think if a general tutorial was made for newbies and stickied than it would be great.


Title: Re: what are the common challenges for bitcoin user?
Post by: hualangktsld841 on April 26, 2018, 04:31:57 PM
The biggest challenge should be the growth of the encrypted community. We all know that the price of bitcoin has changed a lot more than a few years ago, and many people say there is a huge bubble in bitcoin now, and if the community does not continue to expand but often appear FUD, it can not support the progress of bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: AquaVitae on April 26, 2018, 04:35:26 PM
High volatility, high fees and slowness make Bitcoin challenging for me. Lightning network has potential to improve coin and make it much better for everyday use.


Title: Re: what are the common challenges for bitcoin user?
Post by: mangkanor on April 26, 2018, 05:13:34 PM
1.what challenges are facing bitcoin?  - fully adoption i guess? because if there will be no progress bitcoin will eventually going to fade the hype it has,and most of the investors will soon lose their interest to bitcoin and cryptocurrencies
2. how we can prevent it? - spreading good words to others,help the others to start adopting the cryptocurrencies,so that there will be more people that are going to be educated.
3. how we should face those challenges? - support bitcoin and other cryptocurrencies so that the fully adoption will be much easier .


Title: Re: what are the common challenges for bitcoin user?
Post by: Esteler on April 27, 2018, 01:42:30 AM
I think many of the challenges / problems we face when we use bitcoins. I am sure that there is a lack of awareness among the general public and Bitcoin users. In some cases most people believe that it is illegal to use Bitcoin or it is a kind of scam or MLM scheme and the guise of other scams. In other cases, we know what happened recently after the rally, there was a wave of panic sales in the market and most newcomers experienced it.
 Actually We should build more understanding and raise awareness about Bitcoin and crypto on the ground to instill the habit of using it as a payment system. I believe that we must work on a priority on our individual level. All of these things we have to build but need a process.


Title: Re: what are the common challenges for bitcoin user?
Post by: michellee on April 29, 2018, 08:57:40 AM
1.what challenges are facing bitcoin?  - fully adoption i guess? because if there will be no progress bitcoin will eventually going to fade the hype it has,and most of the investors will soon lose their interest to bitcoin and cryptocurrencies
2. how we can prevent it? - spreading good words to others,help the others to start adopting the cryptocurrencies,so that there will be more people that are going to be educated.
3. how we should face those challenges? - support bitcoin and other cryptocurrencies so that the fully adoption will be much easier .


I agree with all of these answers because until now, we have a big problem to spread bitcoin in everywhere because people still don't trust with bitcoin and they only think that bitcoin will finally scam them. although we are giving an explanation about bitcoin and we tell them that bitcoin will be our new way to search a new income, they still don't believe in bitcoin and only a few people that open their eyes to accept bitcoin as a new way. but soon, after the price increase higher, I am sure that many people will realize about this and they will come to the bitcoin and do like what we did so far and bitcoin will be worldwide.


Title: Re: what are the common challenges for bitcoin user?
Post by: Mateo123 on April 29, 2018, 09:23:50 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?



I think the only challenge facing to all bitcoin users is that, the ups and downs of the price in which we cant help about it and the only thing we can do is to take a RISK, we can face and prevent it by accepting the fact and thats the reality ,dont lost hope and not giving up to take the challenge.





Title: Re: what are the common challenges for bitcoin user?
Post by: muyizz on April 29, 2018, 09:46:39 AM
The challenges bitcoin users faces include
1. Hacking a payment gateway
2. User address error
3. Loss of a wallet file
4. Insecure ICOs


Title: Re: what are the common challenges for bitcoin user?
Post by: atutay on April 29, 2018, 09:56:16 AM
Here are my answers and opinions regarding your question.

1.What challenges are facing bitcoin?
- In my opinion, acceptance is one of the challenges that bitcoin is facing. Yes. there are many retailers, particularly online, through which consumers can pay for transactions in bitcoin, but the digital currency still isn't anywhere close to being widely accepted.
Next is, volatility. I believe the price is going to need to become much more stable.
And third, Tax issues. Bitcoin and other digital currencies is considered to be "intangible property," which means they're subject to capital gains taxes. Which we all know, it is one the issue of every government worldwide.

2. How we can prevent it?
- To prevent it. we, the current bitcoin users and community must promote, support and continue to prove that bitcoin has a high potential as a digital currency and has good usage among the community and it will benefit all people.

3. how we should face those challenges?
- As I have mentioned above, we must continue to support and promote bitcoin and other cryptocurrency for its complete acceptance.


Title: Re: what are the common challenges for bitcoin user?
Post by: bitcoinskyrocket09 on April 29, 2018, 10:00:39 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
I think the challenges that the bitcoin faces are safety of their account because there have a risk that your account can be hacked by someone. Bitcoin users should be careful all the time. And the up and down of bitcoin value is also a risk to every bitcoin users.


Title: Re: what are the common challenges for bitcoin user?
Post by: ahilees palu son on April 29, 2018, 10:07:57 AM
i see the main challenge for bitcoin user is hacking of wallets that the major threat every bitcoin user face


Title: Re: what are the common challenges for bitcoin user?
Post by: Bellator on April 29, 2018, 10:14:49 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The main challenge on bitcoiners facing everyday is the fears of losing investments..or bitcoin and other altcoins would eradicate.We know that there were risk involve in investing in cryptos but we're all here to profit.To overcome this fears we must have strong hands to hold investments.We must be strategic and wise inorder to profit for our famikies brighter future.


Title: Re: what are the common challenges for bitcoin user?
Post by: putrisa on April 29, 2018, 10:21:47 AM
I think the challenge shown by bitcoin is whether bitcoin could be a solution in the future and another challenge is from the increasingly expensive shipping cost if the bitcoin price becomes expensive then the shipping cost also becomes very expensive.


Title: Re: what are the common challenges for bitcoin user?
Post by: cyriljundos on April 29, 2018, 10:26:56 AM
the common challenge we have for bitcoin users is that the bitcoin price drops suddenly but we still do not quit as a bitcoiners we do not give up. the singers do not win the winner does not shout that the bitcoiners are just patience


Title: Re: what are the common challenges for bitcoin user?
Post by: emath7 on April 29, 2018, 10:37:42 AM
   The biggest obstacle in front of Bitcoin is that some people make unknowable comments and misguided people. The first fruit of Blockchain, Bitcoin, has some features. These features can be seen as negative. People criticize Bitcoin for these features. But with these features many things will change. The days, the trading times, which finds months, will shorten. Unnecessary costs will come to an end. It has many features like this. We should know the digital money well. We should not give importance to unconscious interpretations. Do your own research. Your comments belong to you. Do not be influenced by others...


Title: Re: what are the common challenges for bitcoin user?
Post by: Liternyy on April 29, 2018, 10:42:29 AM
the only problem at this time, I think so this is only a limitation in some countries, but this is not prolonged by people and there are ways to invest in bitcoin. and besides all these restrictions are just a matter of time, these two countries will not prohibit bitcoin in the meantime, as practically all over the world the crypto currency is already used, they will understand that this prohibition hinders the development of their economy, which will affect negatively ... so that this is in principle not so much a problem as a matter of time.


Title: Re: what are the common challenges for bitcoin user?
Post by: kjnfmplm on April 29, 2018, 10:48:19 AM
1. What challenges are facing bitcoin?

I think the main challenge that Bitcoin is facing right now is the number of people who uses it. Since Bitcoin is not really widely used in the whole world. So, I think that it is the main challenge in the long run. Another is the reputation of the Bitcoin. Because of the issues, banning, and scams involved in Bitcoin, it is a problem to attract the upcoming investors.

2. How we can prevent it?

Well, we can't prevent it now since it is existing today, the best we can do is to have a solution to these problems.

3. How should we face those challenges?

I think that for the whole world to use Bitcoin, we need to establish the reputation of Bitcoin. And have a lot of improvements. Like, the fees and transaction speeds.


Title: Re: what are the common challenges for bitcoin user?
Post by: clairdelune on April 29, 2018, 10:53:03 AM
The common challenges of the BTC that I know is the price then the adoption in one country. Then if BTC will be legalized it will be used to pay online transactions.  


Title: Re: what are the common challenges for bitcoin user?
Post by: arienna23 on April 29, 2018, 11:17:17 AM
Scalabilty. The problem of scalability arises due to Bitcoin’s nature of essentially having a limit on the number of transactions that can occur within a certain time frame. This limit is placed in order to prevent the blockchain size from spiralling out of control. As of now, the network has never hit this limit, but it will happen eventually if Bitcoin becomes a mainstream form of payment.



Title: Re: what are the common challenges for bitcoin user?
Post by: gabbie2010 on April 29, 2018, 11:35:35 AM
As a bitcoin user I have faced many challenges of scalability most often when I want to send a bitcoin from a cross platform especially from blockchain wallet to paxful wallet due to delays, as a trader most of my fellow users always demands for a swift transaction which is hardly achieved without increasing the transaction fee.


Title: Re: what are the common challenges for bitcoin user?
Post by: zynan on April 29, 2018, 11:42:53 AM
The common challenges that we can face for holding bitcoin is of course the every price drops that happens all the time and also the banning of bitcoin in some countries. It is very frustrating to see that you bought a bitcoin in high price then you're assuming to get a profit but unfortunately after you bought it, the price goes down. But as a holder you need to face this challenges with patience and trust for bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: coinmaster241 on April 29, 2018, 12:17:03 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The biggest bitcoin challenge is the government policy in the world related to security issues of a country, if all governments in the world don't receive the bitcoin physically or nonphysically it will be bad for bitcoin / crypto.
To prevent this from happening I think back to the holders of the crypto itself. want to make crypto as the future or for profit now only. if view of the holders of crypto in the future it will be preserved usefulness and value.


Title: Re: what are the common challenges for bitcoin user?
Post by: simpleholmes on April 29, 2018, 12:18:34 PM
i think the main challenge that btc is facing are the greedy investors who want huge returns in a small time period thus making the price even more volatile and using it as an asset or way of income.


Title: Re: what are the common challenges for bitcoin user?
Post by: venlo on April 29, 2018, 12:28:50 PM
The common challenge for all bitcoin users is: the tremendous amplitude of bitcoin volatility is unstable. The government does not recognize bitcoin and other types of digital money as a means of payment and therefore, all Bitcoin payments in the economy are presumed to violate the law and may be subject to criminal proceedings. The electronic money market is degraded as multi-level.


Title: Re: what are the common challenges for bitcoin user?
Post by: kirito1614 on April 29, 2018, 12:38:02 PM
The most essential test looked by bitcoin clients is the bitcoin value change that is so dynamic each time that they should have what it takes to peruse the outlines if putting resources into the here and now. With respect to different difficulties is the ascent of negative news about bitcoin and bitcoin clients ought to have certainty that bitcoin can get by from FUD news that is probably going to influence the development of bitcoin costs in the market. I additionally gained from companions who have long involvement in this crypto and the way to confronting the test is to be patient and sit tight for the perfect time to profit by the speculation we do on bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Theonethatgotaway on April 29, 2018, 01:28:16 PM
The common challenge for all bitcoin users is: the tremendous amplitude of bitcoin volatility is unstable. The government does not recognize bitcoin and other types of digital money as a means of payment and therefore, all Bitcoin payments in the economy are presumed to violate the law and may be subject to criminal proceedings. The electronic money market is degraded as multi-level.


The common challengers that a bitcoin user faces is the volatility of bitcoin and its very risky as we all know that not all people are risk taker. Potential for theft not by hacking because bitcoin is build through blockchain technology but it is when you left or lose your private key. Also using bitcoin in illegal practices like buying illegal guns and drug or paying for an illegal services.


Title: Re: what are the common challenges for bitcoin user?
Post by: PINAGPALA on April 29, 2018, 01:36:04 PM
I think the ups and down of market the si the common challenges for me when i have bitcoin the market price is going down and when i dont have the market price is goin up


Title: Re: what are the common challenges for bitcoin user?
Post by: cryptokath19 on April 29, 2018, 02:07:02 PM
Being a holder of bitcoin, these are my answer in my own opinion regarding to your questions

1.What challenges are facing bitcoin?
For my opinion, bitcoin have many uses especially in paying bills, sending bitcoin to another bitcoin users but the one thing is, some people dont know the importance of bitcoin and some are saying that bitcoin is a scam. Yes bitcoin is risky but after that you will gain especially when bitcoins rise

2.How we can prevent it?
Any problems has a solution, but it has a prevention. We need to promote, tell to our social media that bitcoin has a potential cryptocurrency and it helps us in everyday lives.

3.How should we face those challenges?
As my answer in question number two, we need more to improve and continues to promote it so that bitcoin will be soon completed acceptable for all the places and countries, and also other cryptocurrency


Title: Re: what are the common challenges for bitcoin user?
Post by: mxyzptlkof6th on April 29, 2018, 02:14:10 PM
For me, i think the common challenges for us is the ups and down of market and the scability arises due to bitcoin's nature of essentially having a limit on number of transaction.


Title: Re: what are the common challenges for bitcoin user?
Post by: yesyes18 on April 29, 2018, 09:53:14 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
pertaining to the first part of the question, I think the main problem still remians to be the volatility along with massive FUD, that realky affects Bitcoin to a great extent


Title: Re: what are the common challenges for bitcoin user?
Post by: Btcmarmipp2 on April 29, 2018, 10:03:06 PM
The common challenges for bitcoin users:

1. Holding bitcoin in long term.
2. Expecting the bitcoin value will go high that will surpass the value last year.


Title: Re: what are the common challenges for bitcoin user?
Post by: Yakult on April 29, 2018, 10:07:04 PM
Volatility will always be a problem. Bitcoin sometimes has a bubble issue so I think it can be considered as well. Being accepted world wide is an issue as well. We need more useful way on how to spend bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: pedropendukot on April 29, 2018, 10:15:06 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

1. Learning the basic trading skilss? Technical analysis and fundamentals.
2. You can prevent it by doing a lot of research because the more you read the more knowledge you will get.
3. Fearlessly,the experience will give you a certain accuracy  when it comes in trading because the  more experienced you are the more money you can make with trading.


Title: Re: what are the common challenges for bitcoin user?
Post by: Coin-1 on April 29, 2018, 10:39:01 PM
I guess that it is almost impossible to prevent challenges Bitcoin faced. The situation in this new economic space is very unstable. Day by day we hear a negative news about the new restrictions conducted by governments. I think that Bitcoin and other crypto currencies should adapt very fast. The main goal is that this payment technology is decentralized and can't be turned off by governments too easy.


Title: Re: what are the common challenges for bitcoin user?
Post by: jayco25 on April 30, 2018, 02:39:42 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


1 Common Challenges of bitcoin are those people use bitcoin to scam people.
2. We can prevent this thing if we educate Newbies and discourage them to HYIP and Ponzi Scheme.
3. Better to report also those people to the authority to have some action.

#Support Vanig


Title: Re: what are the common challenges for bitcoin user?
Post by: dillpicklechips on April 30, 2018, 03:21:33 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Bitcoin users was facing a challenges in this system like for a newbie the concept of bitcoin was really hard to understand and it takes time to learn the world of crypto, bitcoin price is unpredictable sometimes price is falling and rising, and lastly bitcoin was transparent for everyone that's why scammers are everywhere.


Title: Re: what are the common challenges for bitcoin user?
Post by: chalbinov on May 01, 2018, 07:47:42 AM
Agreed that BTC still has a long way to go on as far as establishing itself as a strong currency. The majority of coin holders are in for the investment. Most have accepted it as the crypto gold, while comparing Ethereum to oil. Some think that the success of BTC is in the hands of the whales. Others would prefer to ignore their looming threat to the volatility of the coin. Surely further adoption, with mined coins in ownership as well as healthy usage to stimulate even further vitality and success. 



Title: Re: what are the common challenges for bitcoin user?
Post by: sgenuine on May 02, 2018, 11:47:51 AM
There is always challenges. It makes us more stronger and measures how long our patience will be. Some of the challenges I have known for having a bitcoin is
1.FUD. It is everywhere.
2.Goverment policies. We all know that there are some countries who didnt accept bitcoin as a currency. I feel pity for those people who wants to invest in bitcoin.
3.Hackers. They are also everywhere. As cryptoworld grows bigger, more hackers already been looking for targets. Your money/ assets relies on your hand. Just make sure your doing the right thing to secure all your assets to avoid those hackers.
4.High fees.
These are only few of my opinions. Patience is virtue. Have more and more patience.

You can add to this list an extremely high Bitcoin volatility. It becomes a real problem to many users. A newbie can panic when he sees the price is falling.


Title: Re: what are the common challenges for bitcoin user?
Post by: Dikpora77 on May 02, 2018, 12:15:27 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
yup you right if bitcoin still need many time before used as paying method for goods and services. bitcoin have to accepted in the world with clearly regulation to protect it, and making stable and strong position in the economy and the challenge that bitcoin has to deal with today is convincing many people if the bitcoin is safe and promising a better future, what we can do? I think make a trading be bigger and grow the bitcoin impact to economy in every country is one of the way to make bitcoin show the power and the potential so many people will more aware about it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Paka1 on May 02, 2018, 12:33:30 PM
For me, one of the common challenges that a  bitcoin users encounter is that the price movements or its value in the market.  It changes everyrime, that prompts the user to panic buying or selling.  Another thing is that,  some users are impatient when it comes to gaining profit.  In order to prevent this issues, one must keep calm and be patient. Be calm when the prices fluctuates so that you can better understand and decide what to do.  Be patient enough because all your hardwork will be paid off when time comes.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kotone on May 02, 2018, 12:36:25 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

There are still a myriad of challenges that are still besetting bitcoin. One of this and most notable is its inability to be stable thus proving some of the fears of most of the countries and institutions that have looked this up. As a result they have closed down on bitcoin. How we can prevent it sounds simple enough but still it needs for us to have an exerted effort and be able to raise an information drive so that we can have the people make a sound decision on the state of bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: tony kurniawan on May 03, 2018, 01:26:08 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The common challenge for bitcoin users is the fall of the bitcoin price itself and it can create panic for those who own, sell or hold also include challenges for bitcoin users.


Title: Re: what are the common challenges for bitcoin user?
Post by: elbimbo012 on May 03, 2018, 01:32:43 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
there are so many challenges for bitcoin users and to name the few are government legsl acceptance ay digital currency we all know that lot of countries still not encouraging their citizen to invest in bitcoin. another one is regulatory rules,  as of now there are no conrete regulation for every country how to regulate bitcoin and protect their investors. and so many others.


Title: Re: what are the common challenges for bitcoin user?
Post by: blue_dragon on May 03, 2018, 01:37:26 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenge in bitcoin is trust, trust is one of the mist important tool that you can use to be successful in bitcoin, if you dont have trust and bitcoin then you cant take the risk and you cant be a successful person in bitcoin. To prevent it, just give and build your trust to bitcoin so that you are not afraid on what is happening to it.


Title: Re: what are the common challenges for bitcoin user?
Post by: qwerty12 on May 03, 2018, 01:50:50 PM
I think the challenge for bitcoin is the adoption of payment systems. Although some online retailers have made the move to integrate bitcoin payments on their platforms, however, it seems the mainstream adoption is still a big challenge to bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Drakula on May 03, 2018, 01:54:39 PM
The common challenges for bitcoin users:

1. Holding bitcoin in long term.
2. Expecting the bitcoin value will go high that will surpass the value last year.
I agree with you! The most common challenge of bitcoin user is holding. We all know that not everyone in cryptocurrency world are patient, so it is really challenging for them to wait their coins to grow.


Title: Re: what are the common challenges for bitcoin user?
Post by: DPrillio on May 03, 2018, 01:58:47 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenge in bitcoin is trust, trust is one of the mist important tool that you can use to be successful in bitcoin, if you dont have trust and bitcoin then you cant take the risk and you cant be a successful person in bitcoin. To prevent it, just give and build your trust to bitcoin so that you are not afraid on what is happening to it.
Yes, trust can be a challenge for bitcoin user to avoid panic selling since bitcoin is very volatile that greatly affect its value. Security is also a challenge for every bitcoin holder as being a decentralized system then there is no other party to take charge if ever there is a problem in any transaction and lastly every holder must always be aware against internet hacker.


Title: Re: what are the common challenges for bitcoin user?
Post by: angelinedelatorre on May 03, 2018, 01:59:38 PM
The most common challenges that bitcoin users usually happen is the poor internet connection. If you have transaction it is delay because of the poor internet. We can prevent it if we have a good signal in our home but if you use on the internet cafe you have no choice.


Title: Re: what are the common challenges for bitcoin user?
Post by: ZNAQ Index on May 03, 2018, 02:03:42 PM
Bitcoin has come a long way in the eight or so years it's been in existence, but there's still a long way to go before the digital currency becomes a widely used method of paying for goods and services. Here are some of the biggest challenges facing mainstream adoption of bitcoin.
Volatility
Ease of use
Widespread acceptance
Potential for theft
Reputation for criminal activity
Tax issues
Scalability...

The bottom line is that bitcoin and the general concept of a digital currency is still very much in its infancy, and several problems need to be solved before bitcoin achieves mainstream adoption as a form of currency. It's also important to point out that this isn't an exhaustive list - there are other challenges facing bitcoin. As one example, there's always the lingering threat of government regulation that could render bitcoin illegal in certain areas of the world.


Title: Re: what are the common challenges for bitcoin user?
Post by: LigwagGanern on May 03, 2018, 02:07:13 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?



I think the common challenges for bitcoin user is when the price of bitcoin is decreasing and we don't know where it will rise again. Maybe it can take two or more months to increase again. I think we cannot prevent it because it is part of the bitcoin, to decrease or increase its value. All we need to do is just trust bitcoin and wait for it to rise again. And we were happy again.


Title: Re: what are the common challenges for bitcoin user?
Post by: Bitcoin_Delivery on May 03, 2018, 02:07:54 PM
I think now the challenge for bitcoin is in the fee for delivery. as small as possible to send on a small scale must spend quite a lot of money. and also I think nowadays to watch out for is a political game that interferes


Title: Re: what are the common challenges for bitcoin user?
Post by: dimastegar on May 03, 2018, 02:24:17 PM
Our main challenge as a Bitcoin user is price. The rise of prices makes us restless and joyful. The way to prevent this challenge is not to hold Bitcoin for too long. How to overcome the price of the coin we are holding is to be patient and wait for the price to rise again.


Title: Re: what are the common challenges for bitcoin user?
Post by: unknown-user on May 03, 2018, 02:27:39 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
I think the most challenge that bitcoin might face is when all of the governments around the world ban it from their country because they see that it might cause a threat especially when it is not transparent, in terms of its transaction. Bitcoin might be used in illegal things like buying drugs and weapons and I think it is already happening so I think government will prevent this by banning bitcoins.


Title: Re: what are the common challenges for bitcoin user?
Post by: angelakrasnova on May 03, 2018, 02:28:53 PM
I personally do not see any problems, I have studied everything and perfectly understood the whole system, so I do not observe any difficulties


Title: Re: what are the common challenges for bitcoin user?
Post by: Daniel91 on May 03, 2018, 02:31:02 PM
It depends really.
Right now, the biggest challenge for me is how to report my income from bitcoin to the authorities in my country.
In my country, bitcoin is not recognized as currency (money) or financial assets.
So, how to prove my earning, my income and how to pay local tax?
Very difficult situation really.



Title: Re: what are the common challenges for bitcoin user?
Post by: bellakrstna on May 03, 2018, 02:55:56 PM
the common challenge for bitcoin user is how to protect their wallet safely.
it is recommended for you to use hard wallet to avoid being stolen or hacked.


Title: Re: what are the common challenges for bitcoin user?
Post by: Samj16 on May 03, 2018, 04:26:00 PM
As a bitcoin user some of the common challenges that i'm encountering is the volatility of the price, i know that the cyrpto currency always moves and unstable its just that i am hoping that it will always in a good place of value. And also the other challenge for me is how to keep safe my wallet from scammers, i ensure that im only dealing with the right legal persons .


Title: Re: what are the common challenges for bitcoin user?
Post by: tangsanzang7 on May 03, 2018, 04:35:34 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Many people forget the password or the password they encrypted for the Bitcoin wallet.


Title: Re: what are the common challenges for bitcoin user?
Post by: MetalGear on May 03, 2018, 05:07:44 PM
The common challenge in bitcoin is it's volatility. Because of unpredictable prices.
The common challenge of bitcoin is unpredictable price cause we don't know when it up or down it is so unpredictable it is so risky to do. We know investing in bitcoin is a good choice cause you earn unlimited income and brings you happiness but when it is low it's full of stress and sometimes your money are losing.


Title: Re: what are the common challenges for bitcoin user?
Post by: maslovta on May 03, 2018, 05:10:56 PM
One of the common challenges I think is that it is hard to convince parents for bitcoin investments. Older generations likes to go for safer options like gold.


Title: Re: what are the common challenges for bitcoin user?
Post by: Ris88 on May 03, 2018, 05:16:17 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Perhaps the main thing that is the problem with bitcoin, with government tax financing, and certainly many people who do not want to do it, and government will strictly prohibit for anyone who transacts in purchases using digital currency, and the second reason for restraint. so that not many people know that we are already wrestling with bitcoin, and the third thing, we must remain patient until all the countries or countries that we live in really accept the presence of bitcoin to legalize it and certainly not every country has legalized bitcoin for payment.


Title: Re: what are the common challenges for bitcoin user?
Post by: Telogodok on May 03, 2018, 05:19:51 PM
High volatility, high fees and slowness make Bitcoin challenging for me. Lightning network has potential to improve coin and make it much better for everyday use.



I pukir the emergence of quantum computer, which in the future may be able to solve the private key bitcoin. I think the National policy is the biggest challenge for bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: hamdun on May 03, 2018, 05:22:40 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the biggest challenge facing bitcoin users is the sharp decline in Bitcoin prices. When I buy Bitcoin at a high price, and after that it falls, and I think it will be a common challenge for bitcoin holders, and such circumstances will panic and fear.


Title: Re: what are the common challenges for bitcoin user?
Post by: sunsilk on May 03, 2018, 05:22:48 PM
1. Those countries that never sees it's advantage and only keeps on talking about the bad side and it results to ban.
2. We can't prevent this to come, if these world leaders will unite and talk about on how bitcoin will change the financial way of living of an individual it can be avoided.
3. Just accept the fact that not all people/countries like bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: mrsimons121 on May 03, 2018, 05:55:55 PM
the only problem at this time, I think so this is only a limitation in some countries, but this is not prolonged by people and there are ways to invest in bitcoin. and besides all these restrictions are just a matter of time, these two countries will not prohibit bitcoin in the meantime, as practically all over the world the crypto currency is already used, they will understand that this prohibition hinders the development of their economy, which will affect negatively ... so that this is in principle not so much a problem as a matter of time.


Title: Re: what are the common challenges for bitcoin user?
Post by: BinManR on May 03, 2018, 05:56:57 PM
The common challenges for bitcoin users are:
 - value fluctuations
 - impact of information related to government and FUDs.
 - the panic and the takeover of whales and mining corporations.


Title: Re: what are the common challenges for bitcoin user?
Post by: Blessed J on May 03, 2018, 06:35:38 PM
Bitcoin and crypto is the best invention of our generation. Notwithstanding its great impact in the world, there are still some challenges plaguing this invention. One big challenge is how governments are handling the whole issue. Some institutions and politics try to spread false news about Bitcoin because of the threat it possess to most companies around now. What those in the crypto community can do to face this challenge is to engage in good transactions and blockchain all forms of scams to prevent tarnishing the image of Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: lyks15 on May 03, 2018, 10:47:04 PM
I think there are more challenges for the bitcoin users and investors. The biggest challenge is how long is your patience in invwsting at bitcoin because all we know that bitcoin is very risky investment and any moment you may loose your money or your capital may loss in one blink of your eye. And then worst challenge that you will face as a bitcoin user is the fact that you are also using a very poor slow internet commection that may affect your every bitcoin transactions. And there is a big possibilities that you will loss all the capital if you will move a wrong dicision. But for me the more challege and the more risky is more fun and more motivation that I will get to be successful and achieve all my dreams using bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: patrickj on May 03, 2018, 11:05:39 PM
The common challenge is not to take in the things right,we could conquer this by having our own tutors to direct us in the privilege path. We ought to be alright on the grounds that if not you wont have the capacity to enhance yourself since learning cryptocurrencies without a doubt is a hard errand since we have to take in the rudiments first,then after we know something about it,its going to be substantially less demanding for us to find you.


Title: Re: what are the common challenges for bitcoin user?
Post by: qwertyuiop0987654321 on May 03, 2018, 11:20:35 PM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

I think the common challenge for bitcoin users are the other user, we don't know what they can do. They can be one of those scumbags. They can be a thief that will stole your possession at any cost and at any time. Lastly, the most common challenge is the value of bitcoin itself, for its value varies everytime. It either increases or decreases.


Title: Re: what are the common challenges for bitcoin user?
Post by: djmixen on May 03, 2018, 11:31:18 PM
I think the only challenge that bitcoin faces now is those who are not favor on it who think that this is just like a bubble,without knowing that bitcoin is a volatile and as crypto currency and its prices may go up and down


Title: Re: what are the common challenges for bitcoin user?
Post by: Core.BUSTER on May 03, 2018, 11:34:36 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The main challenge that bitcoin is facing right now is the threat of the government. I am not sure the government can affect bitcoin but based on some things I've heard, not all governments approved the blockchain technology. To solve this, we should make them understand by showing the potential of this innovation to the society. We should stop spreading rumors that ruins the image of bitcoin and clarify all issues immediately.


Title: Re: what are the common challenges for bitcoin user?
Post by: assyla on May 03, 2018, 11:38:36 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common problem to bitcoon is its unstable price and very large amount of money that usually changing.for an examole is you buy a bitcoin in a worth of 600 dollars then suddenly bitcoin go down into 300 dollars, so it is 50 percent loss to you but sometimes it is a good to see that you invest 400 doollars and then suddenly it goes up into 700 dollars or more than that.


Title: Re: what are the common challenges for bitcoin user?
Post by: Ladyechy on May 03, 2018, 11:44:49 PM
Some of the challenges a person faces are facing the truth that bitcoin prices will never remain the same and will surely rise and fall from time to time. This can not be prevented and the only way to deal with the challenge is to simply research more about bitcoin to gain knowledge and accept the fact that they are risking their money in bitcoin. Another challenge is volatility, as long as the Bitcoin price is unstable, there will only be a few businesses and services that want to accept it as payment.


Title: Re: what are the common challenges for bitcoin user?
Post by: kyucryp on May 04, 2018, 12:02:45 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

1. Challenge bitcoin I think is when people and governments who do not understand bitcoin consider bitcoin in a negative way. For example bitcoin can be used for crime or terrorist networks and others.
2. We can prevent it by teaching and telling them that it all depends on the holder itself. And bitcoin is like fiat money.
3. Like the answer to the second point, we must face the challenge by posing positive thoughts to people who have negative thinking about bitcoin. We can also teach them by understanding them that bitcoin is like money in general. So for its use depends on the owner.


Title: Re: what are the common challenges for bitcoin user?
Post by: dillpicklechips on May 04, 2018, 12:22:46 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
There are common challenges that bitcoin are now facing like the unpredictable price of bitcoin we should accept that the price of bitcoin are not always the same there are times that the price will rise and fall. Second is the security we all know scammers are everywhere so before starting bitcoin you should accept that this kind of scenario might happen and the only thing we can do is to prevent. And lastly the concept of bitcoin which is really hard to understand it takes time for us to learn this.


Title: Re: what are the common challenges for bitcoin user?
Post by: miss.M on May 04, 2018, 12:53:57 AM
I think its being not accepted in some countries is one of the challenges that bitcoin faces now, because some users who have a family in the countries where bitcoin is ban is one of the hard part of bitcoin users.


Title: Re: what are the common challenges for bitcoin user?
Post by: princesspoppy on May 04, 2018, 01:00:11 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Challenges that bitcoin is facing right now are the regulations and acceptance of governments and people in using bitcoin for transactions, as a currency and as an asset. This has been the biggest issue and problem of bitcoin. As time goes by, bitcoin earned popularity as a life saver and another means to earn money from people using and accepting it but it doesn't go the same to people who do not believe and accept bitcoin especially to government.They think bitcoin is illegal and is used for illegal purposes and that makes it hard for bitcoin to be accepted. Also the unpredictable price of bitcoin and its volatility. People should get used to it cause that is the nature of the market.


Title: Re: what are the common challenges for bitcoin user?
Post by: Leezkie22 on May 04, 2018, 01:04:50 AM
For one of bitcoin user in my country i dont have any negative feedback to the fellow men or even the government here in the phillipines. But as a individual the challenges for me especially a i live in local country and local language is the english language. But i know pilipinos are has a high motivation to learn so thats not really the big deal. So Whats i really concern with or what i think is the real challenge is that when itcomes of investing. Many people i think really scared of investing, espicially online investing. Many people dont participate any online investing they more on things that they really touch or a business on hand. Thats my own opinion and observation in my own country people.


Title: Re: what are the common challenges for bitcoin user?
Post by: eekkaa on May 04, 2018, 01:46:05 AM
I think the common challenge for bitcoin users is when bitcoin has a very dense transaction and when bitcoin has reached its maximum production limit so bitcoin becomes hard to get and becomes very expensive and shipping costs are also very expensive.


Title: Re: what are the common challenges for bitcoin user?
Post by: Decima human on May 04, 2018, 01:53:15 AM
i see the main challenge for bitcoin user is hacking of wallets that the major threat every bitcoin user face


Title: Re: what are the common challenges for bitcoin user?
Post by: Jessica2009 on May 04, 2018, 02:26:46 AM
     Since Bitcoin has reached its tenth year of existence there is a long run to go before the digital money to be widely used method to buy goods and services. One of the common challenges of Bitcoin  facing is acceptance ,and the next one is volatility that is Bitcoin price is fluctuating and not stable and another  is some countries are trying to ban Bitcoin ,and lack of privacy in public blockchain is the major challenge of Bitcoin .The biggest problem is the unawareness of the people about Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Periodik on May 04, 2018, 02:35:00 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I will name at least one huge challenge facing Bitcoin. It is the fact that Bitcoin needs internet as it is an online currency. A lot of areas in the world are still considered blind spots, meaning no internet connections. And a lot of countries in the world are still far from reaching the digital era. Bitcoin is going to be very limited due to this problem. It might thrive in developed countries but may not in underdeveloped ones. How to face it? Well, advanced countries reaching out to the ones left behind will be of big help.


Title: Re: what are the common challenges for bitcoin user?
Post by: bce on May 04, 2018, 03:37:59 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
the challenge is the unstable price issue and the bitcoin legality problem in the eyes of the government because it is too far away with the green light for bitcoin in official currency as my country


Title: Re: what are the common challenges for bitcoin user?
Post by: #luka on May 04, 2018, 10:07:53 AM
The speed of processing blocks, the high cost of transactions.


Title: Re: what are the common challenges for bitcoin user?
Post by: lucy94 on May 04, 2018, 10:14:08 AM
dealing with fluctuations, avoiding scams.


Title: Re: what are the common challenges for bitcoin user?
Post by: adjong on May 04, 2018, 10:21:06 AM
one of the common challenges that a  bitcoin users encounter is that the price movements or its value in the market., bitcoin have to accepted in the world with clearly regulation to protect it, To fight against this, we should share our positive experiences on social media.


Title: Re: what are the common challenges for bitcoin user?
Post by: serverus on May 04, 2018, 10:22:29 AM
Well, since bitcoin is gaining too high value in the market, it tends to banned in some countries because of imbalance in the economy. It will be hard to transact since there are some regulation that prohibits its existence.


Title: Re: what are the common challenges for bitcoin user?
Post by: alvinmtp on May 04, 2018, 10:27:47 AM
Agreed that BTC still has a long way to go on as far as establishing itself as a strong currency. The majority of coin holders are in for the investment. Most have accepted it as the crypto gold, while comparing Ethereum to oil. Some think that the success of BTC is in the hands of the whales. Others would prefer to ignore their looming threat to the volatility of the coin. Surely further adoption, with mined coins in ownership as well as healthy usage to stimulate even further vitality and success. 


Title: Re: what are the common challenges for bitcoin user?
Post by: thenameisjay on May 04, 2018, 10:44:48 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Well, there have been 2 major challenges bitcoins are facing right now. These are the expensive transaction fees and slow transfer rates. We can prevent it at least by incorporating bitcoins to the lightning network. We should face these challenges head on without fail.


Title: Re: what are the common challenges for bitcoin user?
Post by: thankyoulord on May 04, 2018, 03:00:07 PM
I think one of the challenges for bitcoin users is the way bitcoin rises and drops from time to time....


Title: Re: what are the common challenges for bitcoin user?
Post by: alvinmtp on May 04, 2018, 03:03:25 PM
The common challenges of bitcoin now and in the future are regulation and control or the power of government to rule out bitcoin not bitcoin will rule out the world. Maybe its a challenge to bitcoin if the government is trying to control and manipulate the whole system of bitcoin and make it favorable only to them not for its countrymen. We can prevent it to happen if we will support bitcoin and make it more powerful than people so that it the authority is on the people not in the government.


Title: Re: what are the common challenges for bitcoin user?
Post by: asus09 on May 04, 2018, 03:05:49 PM


I think the general challenge is that the value is very volatile, and very vulnerable if there is an accident or ban that involves several countries. surely it can not make bitcoin crumble. only the price can change direction and become lower. well here we must be more alert and able to address any difficulties that facing.


Title: Re: what are the common challenges for bitcoin user?
Post by: israfil on May 05, 2018, 01:03:47 PM
I think it's a good thing because if you increase your usage of Bitcoin, you will get a lot of benefits because we all know that the use of Bitcoin is prohibiting the use of many countries, they have not been able to use Bitcoin, when monopoly uses Bitcoin in every country, the market price will increase


Title: Re: what are the common challenges for bitcoin user?
Post by: saeroji92 on May 05, 2018, 01:29:01 PM
This can be said "Patience" and "Time management" is the most challenging in bitcoin. I can not prevent it, I have to bear it. Why? If I do not have patience, I can not survive to benefit from BTC, and also without proper time management it's hard to get bitcoin, it's a challenge for me to always get Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Trixie28 on May 05, 2018, 01:38:14 PM
The commons colleges that bitcoin user is they get panic when the value goes down and sell for higher value. Someone hacked the wallet of user. User did not how to protect their wallet from steeling of someone.


Title: Re: what are the common challenges for bitcoin user?
Post by: gabmen on May 05, 2018, 02:13:28 PM
The commons colleges that bitcoin user is they get panic when the value goes down and sell for higher value. Someone hacked the wallet of user. User did not how to protect their wallet from steeling of someone.

Yeah when you say common, that means a lot of these happen most of the time. The volatility is a challenge for newbies not used to the sometimes extreme ups and downs of btc. It can move with even the smallest fud and inexperienced traders would be prone to panic. Most challenges actually dwindle down when people become more experienced


Title: Re: what are the common challenges for bitcoin user?
Post by: Selbit on May 05, 2018, 02:20:32 PM
Bitcoin has come a long way in the eight or so years it's been in existence, but there's still a long way to go before the digital currency becomes a widely used method of paying for goods and services. Here are seven of the biggest challenges facing mainstream adoption of bitcoin, and what would need to happen for consumers to start using the digital currency on a large scale.

1. Volatility
2. Ease of use
3. Widespread acceptance
4.Potential for theft
5. Scalability


Title: Re: what are the common challenges for bitcoin user?
Post by: Williams_Leo on May 05, 2018, 02:25:15 PM
The everyday challenges for Bitcoin users are likely to be market fluctuations that are very rapid and unstable, with many claiming that Bitcoin offers excellent returns to investors. The likelihood of these risks is also very high, and this can be a challenge for many.


Title: Re: what are the common challenges for bitcoin user?
Post by: Chaelbrin on May 05, 2018, 02:25:31 PM
A portion of the difficulties that a man must overcome is confronting reality that bitcoin's cost will never remain the same and will rise and tumble every now and then. Another is that bitcoin can be earned effortlessly yet not considered "beyond any doubt cash". It isn't preventable and the best way to confront those difficulties is to simply look into additional about bitcoin to pick up information and acknowledge the truth that they are taking a chance with their cash in bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: godfredmanu on May 05, 2018, 02:28:40 PM
To me I think the real challenge of bitcoin is the irreversible nature of its transaction , and it can be overcome if the developers can do something about it by making a transaction on the network to be reverse at least for 24 to 48 hours before the transaction can be said to be complete. Also the fees on the network is too much and if something can be done to reduce it .


Title: Re: what are the common challenges for bitcoin user?
Post by: BurstBurst on May 05, 2018, 02:31:44 PM
I have been using bitcoin for 3 years now, I have encountered the easiness and smoothness of the sending and receiving transactions before and the hassle of it these past months. The only challenge I have encountered was the high fees and slow transaction. The rest is ok.


Title: Re: what are the common challenges for bitcoin user?
Post by: balamuda on May 05, 2018, 02:35:37 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most common challenge is the unstable Bitcoin price, the Bitcoin price always fluctuates, and can not control it. But to prevent losses do not sell at low prices but still hold because bitcoin value will surely increase again.


Title: Re: what are the common challenges for bitcoin user?
Post by: thesmallgod on May 05, 2018, 02:36:15 PM
the first challenge facing bitcoin user is acceptability. bitcoin is not generally accepted as a medium of payment just like fiat currency and the acceptability also depend on the country. every user want a means through which they can buy anything they desire with bitcoin without hassle but such is not the case as many ecommerce and merchant do still think bitcoin still lack the features which make it to be used as legal tender. second challenge is issue of security and hacker. few month ago we all witness how some users lost huge amount of NEM in one Asia country due to cyber attack.


Title: Re: what are the common challenges for bitcoin user?
Post by: Jenn09 on May 05, 2018, 02:41:38 PM
I think the challenges of bitcoin users or bitcoin holders is the afraid of losing or afraid to be left out. If the tokens their investing continue to drop there is a confusion between holding your tokens or take advantage on the situation and sell it asap for you to not be left out even your profited already or not getting back on your losses.


Title: Re: what are the common challenges for bitcoin user?
Post by: davison2 on May 05, 2018, 02:41:49 PM
For me its the instability and unpredictability, aside the fact that i cant really do shopping around because most organisations and malls are yet to adopt it in my country.  


Title: Re: what are the common challenges for bitcoin user?
Post by: mxyzptlkof6th on May 05, 2018, 03:03:15 PM
I think the common challenges for bitcoin users is is that they get panic when the value goes down and i think the time management and patience is the most challenging in bitcoin. Maybe its a challenge to bitcoin if the government is trying to control bitcoin and manipulate the system of bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: andreevaviktoriy77 on May 06, 2018, 12:50:34 PM
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.


Title: Re: what are the common challenges for bitcoin user?
Post by: MonaLeeTracy on May 06, 2018, 12:56:38 PM
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.

hopefully it's not like that, because bitcoin is already a lot to follow, so we must better support bitcoin in order to ride again its users, and the government did not make it all difficult.


Title: Re: what are the common challenges for bitcoin user?
Post by: Raggie on May 06, 2018, 03:55:40 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

the common challenge for bitcoin user is how to keep holding it when the price falling.
peoples tend to do panic sell if bitcoin value keep decreasing. it means they cannot see that bitcoin will increase back on the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: HolderLoo on May 06, 2018, 05:22:43 PM
The challenges of users and investors in bitcoin that is overcome the panic when market fluctuations from FUDs. In other words, the government is trying to dominate the cryptographic market in its own way. It is important that the bans be understood and viewed seriously and clearly. trust the bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: b3llsf1l3s on May 06, 2018, 05:27:03 PM
the common challenges till right now is hacking problems in the exchanger i think, almost every year i see there are a news about that which is make some holders doubt to invest at certain exchanger.
this one should be fixed soon. However, it concerns the balance of the customers and the credibility


Title: Re: what are the common challenges for bitcoin user?
Post by: Larrycool on May 06, 2018, 05:29:21 PM
 There are a few challenges, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult for everyone interested to participate.


Title: Re: what are the common challenges for bitcoin user?
Post by: Froloff92 on May 06, 2018, 05:31:28 PM
a very common challenge for bitcoin users is to run all the rules about bitcoin always post every week. what and always keep the rules provided by the respective bounty managers.


Title: Re: what are the common challenges for bitcoin user?
Post by: SilverChromia on May 06, 2018, 05:32:54 PM
I think the common challenge for bitcoin users is the word Patience. Because in crypto world it tooks a lot of time and you must have a lot of patience and wait for the right time to have a good opportunity to earn more profit.


Title: Re: what are the common challenges for bitcoin user?
Post by: market-beta on May 06, 2018, 05:40:01 PM
if in my opinion simple. a common challenge for bitcoin users. must be ready to face the price of crypto in the market If on the down dratis. every business must have a profit and there is a loss. and always wary of keeping the wallet as much as possible. because a lot of wallet in the bobol by ahocer .


Title: Re: what are the common challenges for bitcoin user?
Post by: Adiba14 on May 06, 2018, 05:51:00 PM
Bicoin itself is not the only cryptocurrency that currently can be used, there are several other systems that also provide similar products. One of the biggest challenges faced by Bitcoin users is the lack of clear regulation. But from the results of the survey it was suggested that Bitcoin remains the most popular amongst others.


Title: Re: what are the common challenges for bitcoin user?
Post by: Nurul_ on May 06, 2018, 05:56:44 PM
if I think a price that is not as stable makes us hard to predict the price. so sometimes the price dropped as freely as if going free fall. as happened in April


Title: Re: what are the common challenges for bitcoin user?
Post by: sammyp on May 06, 2018, 06:47:48 PM
For now, the only challenge besides the battle with government policies is bitcoin’s total dependence on internet. Internet over the years is becoming accessible and affordable but what if there is a problem for a whole day, does it mean no transactions?


Title: Re: what are the common challenges for bitcoin user?
Post by: jennygamilo on May 06, 2018, 07:02:42 PM
Typically bitcoin problems are scammers of trickster and people who use fake people to just get what they want. but even then it does not show bitcoin because it's strong, and famous


Title: Re: what are the common challenges for bitcoin user?
Post by: budz0425 on May 06, 2018, 07:04:43 PM
For now, the only challenge besides the battle with government policies is bitcoin’s total dependence on internet. Internet over the years is becoming accessible and affordable but what if there is a problem for a whole day, does it mean know transactions?
The challenge that I am encountering was how I handle my emotion especially when there is a big pump in the price as I am attempting to cash out what I do have but I am so thankful that at least until now I am getting stronger and holding the funds that I have.


Title: Re: what are the common challenges for bitcoin user?
Post by: oni4an on May 06, 2018, 08:47:05 PM
To date, the global problem of Bitcoin and the whole crypto identifying not people's trust and rough regulatory attempts.


Title: Re: what are the common challenges for bitcoin user?
Post by: YED on May 06, 2018, 10:03:35 PM
Bitcoin has come a long way in the eight or so years it's been in existence, but there's still a long way to go before the digital currency becomes a widely used method of paying for goods and services.. Ease of use... Potential for theft ...Reputation for criminal activity.. Tax issues .... are some of the biggest challenges facing mainstream adoption of bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: kristinasm on May 06, 2018, 10:09:01 PM
There are several problems, but now the most important of them are solved. These are fast transactions and cheap commissions. And States will soon be forced to accept and legalize cryptocurrencies. It's a matter of time.


Title: Re: what are the common challenges for bitcoin user?
Post by: bimbie on May 06, 2018, 10:14:19 PM
Base on my own experience the challenges that I already encounter are joining a scam ICO I have already scammed 2 times but I still don't loose hope I joined again and again to get more experience and profit in it.


Title: Re: what are the common challenges for bitcoin user?
Post by: billykannithi on May 06, 2018, 10:20:26 PM
There are several problems, but now the most important of them are solved. These are fast transactions and cheap commissions. And States will soon be forced to accept and legalize cryptocurrencies. It's a matter of time.
I don't think most problems of Bitcoin are solved at all, the biggest one is the legalize cryptocurrency isn't solved yet.
It's still in the prohibition list of around 80 countries in the world and it's likely a big barrier that stop Bitcoin coming to the world.


Title: Re: what are the common challenges for bitcoin user?
Post by: Lucifers on May 06, 2018, 10:33:07 PM
The challenge for bitcoin users is the risk they have to accept. Because we do not know when bitcoin will fall but if you are afraid first and do not take the risk is better you do not have to use bitcoin. Because it will only reduce the price of bitcoin in the market. So you have to be brave in taking the risks that are on the bitcoin or it's a loss or whatever.


Title: Re: what are the common challenges for bitcoin user?
Post by: amadorj76 on May 07, 2018, 01:29:02 AM
For me I guess the common challenges we are  facing in bitcoin is the dropping of its price. Sometimes we buy bitcoin at high price, but we don't know in the future the price may fall. So we will loose our capital.


Title: Re: what are the common challenges for bitcoin user?
Post by: Sithara007 on May 07, 2018, 01:37:02 AM
OK... I made a list of the common issues. Here it is:

1. Hacking of wallets
2. Lack of legal clarity
3. Tax complications
4. Volatility
5. Transaction fee uncertainity


Title: Re: what are the common challenges for bitcoin user?
Post by: CJPEREZ on May 07, 2018, 01:43:07 AM
The challenges for the users of bitcoin is the emotion. I think the emotion is the no. 1 enemy of a traders and thats how they loss money because of that. They will make greedy to sell for small amount of profit. Some users scared in news so they sell their holdings they dont know that is a fake news.


Title: Re: what are the common challenges for bitcoin user?
Post by: zhopas on May 07, 2018, 01:49:42 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
As what I can see the common problem or challenge that those people who uses bitcoin are facing was it's price that is dropping down or decreasing every time and those scammers that uses bitcoin in their illegal doings. At the first place, we should be knowledgeable, wise and responsible for us to be aware on the things that happens in bitcoin world, and that's the easiest way for us to prevent this kind of challenges. We also need to be hardworking and we should have a lot of patience for us to survive in this kind of situation. Lastly, we should be brave all the time especially when we are taking risky things so we do not repent at last.


Title: Re: what are the common challenges for bitcoin user?
Post by: tianok21 on May 07, 2018, 01:50:57 AM
I think the only common challenges that I see in bitcoin is high transaction fee and price stability of it. In my experience that is the only common challenges I faced is this two have mention above.

OK... I made a list of the common issues. Here it is:

1. Hacking of wallets
2. Lack of legal clarity
3. Tax complications
4. Volatility
5. Transaction fee uncertainity

I agree to you. That are some challenge that hard to address and need to avoid in bitcoin. But the question is how it will address and who is the responsible person will address the common challenges experienced in bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: bayu7adi on May 07, 2018, 01:54:55 AM
usually they do not know the usefulness of bitcoin
but they only know the price of bitcoin
they do not know that blockchain technology is so sophisticated, and bitcoin itself is the most desirable cryptocurrency in the whole universe


Title: Re: what are the common challenges for bitcoin user?
Post by: fuer44 on May 07, 2018, 01:57:51 AM
fluctuations
we can anticipate it by directly selling all bitcoin when the price rises, or at least already exceeds the purchase price. after all, just start investing for new books again but with the amount that not too much. anticipate if prices fall after an increase, and can hold for long term.


Title: Re: what are the common challenges for bitcoin user?
Post by: BennyK on May 07, 2018, 02:01:08 AM
Bitcoin is a revolutionary movement that has offered much benefits to the financial sector and other sectors, however, it is still not fully understood by most people especially the typical traditional people who are not much vexed with the issues of the internet.
Also, in areas where there is no internet access, one cannot access Bitcoin because it works for online patronages.
Anyway, Bitcoin is still in the beta version so we hope to see much developments integrated into its usage especially in the offline mode.


Title: Re: what are the common challenges for bitcoin user?
Post by: devillnj2.1 on May 07, 2018, 02:29:21 AM
I would say that the common challenges are lock of knowledge and panic buying or selling, they should know the market, follow the trend, dont sell if the value is less than the amount that you bought it, right timing is the key. one more thing dont put your money in bitcoin if you will need it in due time.


Title: Re: what are the common challenges for bitcoin user?
Post by: iconicavs on May 07, 2018, 02:40:21 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

the challenges for me are the people who panics a lot. their panic selling highly affects the price of bitcoin. they sell one at a time and it's really not helping the price of btc to go up. another one is the lack of knowledge, they engage themselves into something they are unsure of.


Title: Re: what are the common challenges for bitcoin user?
Post by: bitcoinskyrocket09 on May 07, 2018, 02:42:06 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
I think some of the challenges that a bitcoin user must keep in mind and must overcome is facing the truth that bitcoin price will never stay the same. Because it will sometimes rises and falls down its value from time to time. And also, bitcoin can be earned easily but then is not yet considered as a sure money. And the only way to face these challenges are to research more about bitcoin to gain more knowledge about it.


Title: Re: what are the common challenges for bitcoin user?
Post by: iconicavs on May 07, 2018, 02:42:41 AM
OK... I made a list of the common issues. Here it is:

1. Hacking of wallets
2. Lack of legal clarity
3. Tax complications
4. Volatility
5. Transaction fee uncertainity

indeed sir. these exactly are the problems that we should pay our attention. these 5 are so simple when you look at them but very huge effect if one of these happen to you, we must be very careful and take good care of our accounts.


Title: Re: what are the common challenges for bitcoin user?
Post by: ashlyvash00 on May 07, 2018, 02:43:23 AM
For me the common challenge of a investor or a user in bitcoin is would you hold it or you will sell it. Its pretty hard to decide on that especially when you are on a panic.


Title: Re: what are the common challenges for bitcoin user?
Post by: WaffleMaster on May 07, 2018, 02:47:01 AM
A big common problem for me as I use Bitcoin, or any other coin for that matter, is checking the address bar to make sure it copied correctly or whatever. I'm wondering why there isn't some great interface that is better than the public address or even that barscanner for that matter.

People need to be able to use things like debit cards. We need something similar like that in ease of user interface. Ain't nobody got time to mess around with addresses if they want to buy something at the grocery store or whatever.


Title: Re: what are the common challenges for bitcoin user?
Post by: trang1188 on May 07, 2018, 02:47:49 AM
Well, one of the common challenges that bitcoin users have to cope with is the unstable price. The value can go pretty high and after then go down without any prediction. Moreover, many government has built up barrier for bitcoin which affect bitcoin user living in such countries.


Title: Re: what are the common challenges for bitcoin user?
Post by: jobel on May 07, 2018, 02:52:39 AM
Came what i may the challenges come to here in bitcoin, are to be risk taker what will comes to me whether it is true or not or to it posible or not . Be patient to that my rank will goes up in the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: zmkriel on May 07, 2018, 03:01:01 AM
As a bitcoin holder, the most challenging for me is the volatility of prices especially in dumping season since i still consider as newbie in this crypto world. But as time goes by, i am also aware that there are more challenges for me that will arise and bigger that what i think it is right now. Like how to secure my investment since hackers are all over right now. Day by day my worries got deeper.


Title: Re: what are the common challenges for bitcoin user?
Post by: Bessta on May 07, 2018, 03:06:47 AM
Right now , i consider comprehensive bitcoin technical knowhow as my big challenge as bitcoin user. I believe once i get to learn all the technical nitty gritty of bitcoin i would be able somehow minimize and manage  issues/ problems that may arise relative to bitcoin transactions.


Title: Re: what are the common challenges for bitcoin user?
Post by: Hallmader on May 07, 2018, 03:10:51 AM
As a bitcoin holder, the most challenging for me is the volatility of prices especially in dumping season since i still consider as newbie in this crypto world. But as time goes by, i am also aware that there are more challenges for me that will arise and bigger that what i think it is right now. Like how to secure my investment since hackers are all over right now. Day by day my worries got deeper.

I agree that volatility is one of the biggest challenges that Bitcoin has been facing right now. I think there are no effective ways to stop this. The Bitcoin market will always be volatile because the buys and sells of Bitcoin all over the world are changing every once in a while. The prices therefore are also very shaky. It cannot stop stagnant for even a short while.


Title: Re: what are the common challenges for bitcoin user?
Post by: lehuong on May 07, 2018, 03:48:36 AM
he challenge for bitcoin users is that at present there are some projects that do not yet know its reliability, and there are still limited bitcoin transactions in some governments as well as limited bitcoin exchanges. at the number of places


Title: Re: what are the common challenges for bitcoin user?
Post by: seanskie18 on May 07, 2018, 03:49:14 AM
I think the common challenges for bitcoin users is the government surrounded by them. When bitcoin is not allowed in their country to exist so that's a challenge for any one especially to the person where the only do for a living is participating bitcoin.  


Title: Re: what are the common challenges for bitcoin user?
Post by: jcpone on May 07, 2018, 04:01:55 AM
I think the common challenges for bitcoin user is the acceptance of our government. Some of country is not allowed the bitcoin for some reason. It is big challeges to emphasize them the important of bitcoin.p


Title: Re: what are the common challenges for bitcoin user?
Post by: 3angel84 on May 07, 2018, 04:10:35 AM
The challenge that we're facing now is the countries plan for the regulation of btc,because if this things will happen,we will be controlled by the government and this will affects much to the value of btc in which as of now is still poster a great challenge also,the unstability of its price,if the government controls it,theres a great chance that investors will leave the trust towards it.


Title: Re: what are the common challenges for bitcoin user?
Post by: kyucryp on May 07, 2018, 04:18:34 AM
I think the biggest challenge of bitcoin is its fluctuation if the price is often down then it will be a lot of bitcoin users who will do sell panic. to face it we have to be patient and wait till the green bitcoin price is back. Then FUD negative news often causes bitcoin prices to drop. To overcome this we should always be positive thinking bitcoin will persist and do promotion about excess bitcoin through social media.


Title: Re: what are the common challenges for bitcoin user?
Post by: kolitski on May 07, 2018, 04:32:17 AM
There are many challenges for bitcoin users at first the price of bitcoin is volatility in the market and it is very risky to make an investment in bitcoin, it is not easy to make profit from bitcoin but if you have a patience i think you will get rich from your investment.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kolly on May 07, 2018, 04:36:54 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Well a lot of bitcoin users sees it as an investment so the biggest challenge they are facing is fluctuation of prices. The recent dip says it all. A lot became emotional and resulted to panic selling. To overcome it, well there nothing we could really do when prices starts to fall but to hodl and be positive that it will rise again.


Title: Re: what are the common challenges for bitcoin user?
Post by: alvinmtp on May 07, 2018, 04:41:11 AM

I believe that there is lack of awareness among the general public and Bitcoin users too about the core of Bitcoin. In the first case, most of the people believe that it is illegal to use Bitcoin or it is kind of scam or MLM scheme. In the second case, we know what happened recently after the rally, there was a panic selling wave in the market and most of the newbies suffered from it. We need to build awareness about Bitcoin and crypto on the ground level to inculcate the habit of using it as a payment system. I believe that we should work on it on priority basis on our individual level.


Title: Re: what are the common challenges for bitcoin user?
Post by: jonas5222000 on May 07, 2018, 04:50:00 AM
1.what challenges are facing bitcoin? guessing about what the price going on,about when the price will dum or pump
2. how we can prevent it? just make a research about it,im sure it may helps to you to prevent loses in your bitcoin
3. how we should face those challenges? because of moving market everyday ,as i know bitcoin grows every month.


Title: Re: what are the common challenges for bitcoin user?
Post by: fotosonics on May 07, 2018, 07:17:09 AM
I think that the main difficulties and problems with the use of bitcoin, like all crypto-currencies in the rest, is a non-negotiable price! I think things would have changed at a stable price and the popularity of using crypto currency in everyday life has increased!


Title: Re: what are the common challenges for bitcoin user?
Post by: toast on May 07, 2018, 07:36:22 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
a common challenge in investing with unstable and unpredictable price bits so to respond to those challenges investors should have patience and confidence in investments with bitcoin to be profitable


Title: Re: what are the common challenges for bitcoin user?
Post by: kabelpeggek on May 07, 2018, 07:43:39 AM
The common challenges for bitcoin users:

1. Holding bitcoin in long term.
2. Expecting the bitcoin value will go high that will surpass the value last year.


Title: Re: what are the common challenges for bitcoin user?
Post by: tlqewcwf on May 07, 2018, 07:47:13 AM
Bitcoin is often denounced as worthless, I think the biggest challenge to bitcoin is how to create its own value, so that it will be a good way to let the community expand to make more companies use bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: brylle34 on May 07, 2018, 07:53:46 AM
1.what challenges are facing bitcoin?
the FUDers who spread negative news about bitcoin , people who uses bitcoin to scam people, the MEDIA who spread wrong and negative news about bitcoin.
2. how we can prevent it?
actually there is nothing we can do about it, that's a part of the volatility and that's how we earn, bitcoin will not increase its value if there is no trading that is happening. (always remember not all in this bitcoin world will earn profit, their will be always people who will loose their investment)
3. how we should face those challenges?
we should face those challenges by studying the trend and don't put your emotions to it remember if you invest what you can afford to loose your emotions will not be affected.


Title: Re: what are the common challenges for bitcoin user?
Post by: Uno17 on May 07, 2018, 08:07:55 AM
First common factor there is the market sudden fluctuation that needs enough patience to hodl and stay positive that the market will be fine at the end of the day and that every investment will end up positive profit. Nowadays it has a very slow movement to recovery from the extreme dropped in the first quarter of the year. So for me the biggest challenge there is the patience of hodling, before you see the real profit.


Title: Re: what are the common challenges for bitcoin user?
Post by: michellee on May 07, 2018, 08:11:16 AM
maybe the most challenges for bitcoin user that need to face is when the price is moving higher and lower with fast and they cannot control their emotion to see the price. many of us have this problem and only push them to be a panic reaction but if we can handle our emotion during our trading time, I think we can stay calm without doing rush action. I am sure that in the future, there will be many of bad news that will influence many people especially with new trader which don't have much knowledge in the cryptocurrency and they can get the bad effect of this and we need to always control the emotion in the market.


Title: Re: what are the common challenges for bitcoin user?
Post by: jops on May 07, 2018, 08:18:06 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges of bitcoin user for me is his widespeard acceptance, because we all know that bitcoin is not us freely accepted all over the world, only in several country bitcoin is accepted. I think if it will be legal, i think people will accept it already.


Title: Re: what are the common challenges for bitcoin user?
Post by: Fergal Rodriguez on May 07, 2018, 08:42:15 AM
I think the most common challenges for bitcoin users is a time..
It is very hard to manage your time when you are in bitcoin industry because we all know that majority of bitcoin users
Are having different responsibilities in life .. So we must have a good managing of time.


Title: Re: what are the common challenges for bitcoin user?
Post by: Jacob jchaes on May 07, 2018, 08:44:27 AM
The only challenge that I can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
As time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.


Title: Re: what are the common challenges for bitcoin user?
Post by: Timok Abiodun on May 07, 2018, 08:48:51 AM
To be fair, it has gotten much easier to buy, sell, and use bitcoin over the past several years, but it still isn't user-friendly enough to encourage mainstream adoption. Currently, if the average person wants to buy bitcoin, he or she needs to open an account at a bitcoin exchange such as Coinbase, link a checking account (or credit card, which generally comes with a higher fee), and in many cases wait several days for the transaction to clear. I consider myself knowledgeable about bitcoin, and I can buy virtually any product online with greater ease than I could buy, say, $200 in bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Playmode Kreative on May 07, 2018, 08:49:20 AM
Security measures exist that make bitcoin virtually impossible to steal, but taking advantage of them involves a somewhat complex knowledge of how bitcoin works and can often require significantly more effort on the part of the user. While true bitcoin enthusiasts don't mind taking extra security measures, this is an example of the ease-of-use challenge I discussed earlier. And with online bitcoin wallets, there's always some chance that the currency could be stolen. It's happened before and could certainly happen again.


Title: Re: what are the common challenges for bitcoin user?
Post by: davison2 on May 07, 2018, 09:01:27 AM
I think instability is the major challenge here, because you can just wake up one morning to find out that your 100 BTC has fallen down to 10 BTC, when you must have made plans for it.


Title: Re: what are the common challenges for bitcoin user?
Post by: jpoker272727 on May 07, 2018, 09:01:37 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Even though bitcoin is the oldest coin it has some challenges that still haven't been improved.
One challenge is that bitcoin isn't not yet being used world wide and without any third party service it is not possible to make any purchase in the restaurants or in any other market, instead we should use bitcoin debit cards which recently many of them have stopped working because of some government regulations.


Title: Re: what are the common challenges for bitcoin user?
Post by: primarydumz on May 07, 2018, 09:05:51 AM
One of challenges that bitcoin facing right now is the acceptance of whole that cryptocurrency will be the future, it needs to be properly introduce to people, companies, governments, even countries.


Title: Re: what are the common challenges for bitcoin user?
Post by: jhache on May 07, 2018, 09:08:42 AM
The most common challenge for new users is getting to know the various things of Bitcoin like which wallet to use, which trustable exchange to buy bitcoins from, how to receive bitcoins, etc. Another common challenge faced by everyone is how much transaction fees to pay so that they don't end up paying more while also getting the transaction confirmed faster.


Title: Re: what are the common challenges for bitcoin user?
Post by: bmirror83 on May 07, 2018, 09:09:06 AM
For me , it is its ambiguity of the what it is exactly. It started more like it was a tradeable tool but has become an investment tool mostly. People i think wait for it to be used totally available as tradeable option.


Title: Re: what are the common challenges for bitcoin user?
Post by: pabpete on May 07, 2018, 09:13:12 AM
I think instability is the major challenge here, because you can just wake up one morning to find out that your 100 BTC has fallen down to 10 BTC, when you must have made plans for it.
If I choose to store money in bitcoin, its buying power could climb or fall significantly by the time I leave. Most people simply don't want to deal with that level of currency risk. Before bitcoin achieves mainstream adoption as a currency, I believe the price is going to need to become much more stable.


Title: Re: what are the common challenges for bitcoin user?
Post by: SingAlong on May 07, 2018, 09:39:42 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
These are the list of common challenges that bitcoin may encounter:
1. Low security level, scammers are everywhere that's why it is very risky to invest a huge money in bitcoin.
2. Slow transaction and high charging fees
3. Use it for illegal doingds
4. Unpredictable price
The only way to prevent and face those challenges are we should be more careful on what we are doing and accept yge fact that bitcoin is too risky.


Title: Re: what are the common challenges for bitcoin user?
Post by: upinros on May 07, 2018, 09:40:14 AM
Some challenges you have to face the fact that Bitcoin prices will never remain the same and will surely rise and fall from time to time. Another is that Bitcoin can be obtained easily but not considered money. Over time more and more people are finding out about Bitcoin and more of them are starting to use it. some traders and some users and they all make the ecosystem grow.


Title: Re: what are the common challenges for bitcoin user?
Post by: jovs on May 07, 2018, 10:35:00 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
In that almost a decade of existence, bitcoin has already faced and eventually survived numbers of challenges, including attacks from the government who claimed that bitcoin is a treat to the economy. Bitcoin has become a target of prejudice and fake news, People who are greedy tried to use bitcoin to persuade other people to get money from them illegally. They are riding the popularity of bitcoin to fool other people. Let us be more aware of the true purpose of bitcoin and how it actually works. In a way, it will protect the entire system including us who are into the bitcoin community.


Title: Re: what are the common challenges for bitcoin user?
Post by: davison2 on May 07, 2018, 10:35:39 AM
I think instability is the major challenge here, because unlike the regular bank you can just wake up one morning and find out your supposed 1000 BTC has reduced to 100 BTC, when you must have made plans for it.


Title: Re: what are the common challenges for bitcoin user?
Post by: jake zyrus on May 07, 2018, 01:17:01 PM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.
In every investing have risk but if we think that risk we cannot be successful in the future. The challenge of bitcoin is the value we can't predict when it down or up but all investors are optimistic that bitcoin will win and rise and brings happiness to all his investors.


Title: Re: what are the common challenges for bitcoin user?
Post by: karamanacar on May 07, 2018, 01:19:13 PM
Well, since bitcoin is gaining too high value in the market, it tends to banned in some countries because of imbalance in the economy. It will be hard to transact since there are some regulation that prohibits its existence.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kimbohh on May 07, 2018, 01:21:14 PM
Every bitcoin user has faced the price wherein it goes up or down so rapidly every single day. It may gives us headache to think too much when is the good time to trade or just hold.


Title: Re: what are the common challenges for bitcoin user?
Post by: saiful1234 on May 07, 2018, 01:50:23 PM
The most challenges for bitcoin user that need to face is when the price is moving higher and lower with fast.They cannot control their emotion to see the price.We all know that bitcoin is not us freely accepted all over the world.More people are finding out about bitcoin and more of them are starting to use it.


Title: Re: what are the common challenges for bitcoin user?
Post by: mkcube on May 07, 2018, 01:54:24 PM
I think the most common challenge if a bitcoin user is to face the price market is going down or high as fast as they can. You cannit predict when or how ut works. You cannot control and also our emotions for seeing the price gies up and up. I couldnt imagine myself when the price last time goes to up faster.


Title: Re: what are the common challenges for bitcoin user?
Post by: Daniel91 on May 07, 2018, 01:59:04 PM
I think that common challenge for bitcoin user is how to report tax from bitcoin income.
In the most countries bitcoin is not recognized as money or financial asset
So, how to report tax is really very difficult question.


Title: Re: what are the common challenges for bitcoin user?
Post by: Khupeha on May 07, 2018, 02:24:35 PM
the most acute problem is mentality and loyalty, people have stopped trusting new technologies, especially when when it comes to finance


Title: Re: what are the common challenges for bitcoin user?
Post by: Jessy Mediola on May 07, 2018, 02:31:24 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
There are many challenges that every users has experienced one of this is the volatility of bitcoin. Volatility of bitcoin is good when you perform it in smart way. You will buy at a low value and wait until it reach your satisfaction. But today the value is not that good since 5 months straight the value is always in low. To prevent it, don't always look for the value, instead trust bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: ram64GB on May 07, 2018, 02:41:25 PM
For me the challenges that Bitcoin is still facing is  widely acceptance. Bitcoin isn't still widely used and some countries are even banning it. If some major online retailers will accept Bitcoin to be one of its payment system, it could be a big help on adoption of Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: ngusmin on May 07, 2018, 02:42:32 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most common challenge for bitcoin users is the bitcoin price movement where bitcoin can go up and down, and for that bitcoin users have to prepare for bitcoin price movement.


Title: Re: what are the common challenges for bitcoin user?
Post by: rockerzofIco on May 07, 2018, 03:22:37 PM
I think most common challenge is Security, CloudFish developed a security platform that enables companies and individual users to secure their assets stored in the cloud using blockchain technology. it use machine learning algorithms to automate threat detection and control before it becomes a risk to the security of users’ assets.


Title: Re: what are the common challenges for bitcoin user?
Post by: Tang lancip on May 07, 2018, 03:41:09 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


The challenges of facing bitcoin Is have a potential
For theft it exist that make bitcoin virtually is impossible to steal
But require significantly more effort on the part of users
And with online bitcoin wallets there some chance
That the currency could be stolen and its happened.
What you say is not wrong, there are often errors about theft and security hacking that occur in different exchanges and businesses.
but security systems have evolved quickly, such as wallet encryption, offline wallets, hardware wallets, and some signature transactions.


Title: Re: what are the common challenges for bitcoin user?
Post by: parlerm on May 07, 2018, 03:50:53 PM
There is no big challenges of BTC. The only challenge is price drop. It's such problem if people do panic sell and it's will make profit when the price recover. I know it's hard and need some patience but we must try that.


Title: Re: what are the common challenges for bitcoin user?
Post by: naldal kaka25 on May 07, 2018, 04:49:34 PM
Bitcoin has been in the market for quite some time now. It has marked its name in the market. But some of the common challenges bitcoin is facing is how people adopt bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: Houseman on May 08, 2018, 03:25:17 AM
The common challenges that bitcoin user facing now is the transaction time and also the transaction fee. It is hard to make decision also because the  system is decentralized.


Title: Re: what are the common challenges for bitcoin user?
Post by: rosepetals on May 08, 2018, 03:36:21 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The challenges that bitcoins are facing right now was the price votality in which if price falls holders and investors going crazy over it,most if them do panic selling inorder to cut their losses without having profit and as they dump the price continue to fall because panic selling contributes alot in the falling of bitcoins price continously.Another thing is bitcoin was being used by some fraudulent acts and illegal activities,it compromise alot on bitcoins credibility since it is a currency that has changed different lives to be wealthy.


Title: Re: what are the common challenges for bitcoin user?
Post by: cunguks on May 08, 2018, 03:54:58 AM
The most common challenge for new users is getting to know the various things of Bitcoin like which wallet to use, which trustable exchange to buy bitcoins from, how to receive bitcoins, etc. Another common challenge faced by everyone is how much transaction fees to pay so that they don't end up paying more while also getting the transaction confirmed faster.
Too many options available. Many options are not always a good thing, we may have trouble because we are confused about which one we should choose. Sometimes little choice will be better. But the facilities we want may not exist. For all these things, the solution is just one, we must learn a lot about all things related to bitcoin and still update the information in order to compare things one with another thing.


Title: Re: what are the common challenges for bitcoin user?
Post by: UchihaRukawa on May 08, 2018, 04:02:11 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Cryptocurrency is rapidly being known in the whole world, that is a great news, but the real problem and what I think is the real problem is, how people would react about it, would they accept this new system?. Nowadays, many young people and young investors are accepting bitcoin and the cryptocommunity very well, but the problem is the older generation, having these new system is just too difficult for them to understand, but I believe, in time, everyone will accept this new system.


Title: Re: what are the common challenges for bitcoin user?
Post by: equoboy on May 08, 2018, 04:18:13 AM
The biggest challenge here is how the government accept bitcoin and how we can do our task here and how to gain profit in spite of the value of btc now.


Title: Re: what are the common challenges for bitcoin user?
Post by: melinda29 on May 08, 2018, 04:20:07 AM
The challenges for the users of bitcoin is the emotion. I think the emotion is the no. 1 enemy of a traders and thats how they loss money because of that. They will make greedy to sell for small amount of profit. Some users scared in news so they sell their holdings they dont know that is a fake news.


Title: Re: what are the common challenges for bitcoin user?
Post by: lelylely on May 08, 2018, 04:37:31 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the most common challenge for bitcoin users is they become panic when the value goes down, I think patience is the most challenging in bitcoin, because bitcoin users are faced with losses and profits, so time management is important.


Title: Re: what are the common challenges for bitcoin user?
Post by: wormgummy019 on May 08, 2018, 04:49:12 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?





I think the common challenges from bitcoin users is that they are in panic when the price is going down and they don't know what to do when the price is continuing to fall down. To overcome that challenge, we should stay calm and have patience and think positive that the price of bitcoin will rise again. And the other challenge is the users that believing in fake news.


Title: Re: what are the common challenges for bitcoin user?
Post by: Baby Dragon on May 08, 2018, 05:19:59 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Every bitcoin user fears the risk that they took. Surely they know the risks of any investment but there is still the fear of losing regardless how small. Even the most patient investors tends to panic sometimes. To counter this, most of them focus their attention to other things like work or family. So at least try to avoid over thinking about bitcoin and gather faith for this industry.


Title: Re: what are the common challenges for bitcoin user?
Post by: Geljames28 on May 08, 2018, 05:49:24 AM
There are 7 Biggest Challenges Facing Bitcoin:
1) Volatility
2) Ease of use
3) Widespread acceptance
4) Potential for theft
5) Reputation for criminal activity
6) Tax issues
7) Scalability

We can face those challenges by supporting bitcoin continuously.


Title: Re: what are the common challenges for bitcoin user?
Post by: jeepuerit on May 08, 2018, 06:53:38 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Emotion is the most common challenge to being able to use a bitcoin, many challenges we face when we use Bitcoin, one that we need to invest, and to wait for the right time. when using Bitcoin we also have a great time to wait for the right.


Title: Re: what are the common challenges for bitcoin user?
Post by: wishere jean on May 08, 2018, 07:13:58 AM
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.


Title: Re: what are the common challenges for bitcoin user?
Post by: mourinho hala 98 on May 08, 2018, 07:19:29 AM
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.


Title: Re: what are the common challenges for bitcoin user?
Post by: enthusia on May 08, 2018, 07:56:07 AM
Challenges in bitcoin is not about the threat that it might end as what prognosis of everyone. But for me the challenges everyday is the security. It is always the thing we really don't want to happen, that someone might get our virtuals real quick.


Title: Re: what are the common challenges for bitcoin user?
Post by: jayarbillones on May 08, 2018, 12:36:55 PM
for me the common challenge we have for bitcoin users is that the bitcoin price drops suddenly but we still do not quit as a bitcoiners we do not give up, and besides all these restrictions are just a matter of time, these two countries will not prohibit bitcoin in the meantime, as practically all over the world the crypto currency is already used,Then if BTC will be legalized it will be used to pay online transactions.


Title: Re: what are the common challenges for bitcoin user?
Post by: tanginamoo on May 08, 2018, 12:56:34 PM
When I read “common challenges”, the first thing that comes in my mind is the dropping value of the bitcoin. There are some people who felt pressured and just sell their bitcoin because the value keeps goong down. But the real challenge occurs in the patience of the holder. If he/she can hold on and wait for the time for the value to rise up once again.


Title: Re: what are the common challenges for bitcoin user?
Post by: Spontebob on May 08, 2018, 01:09:32 PM
Some of the challenges that a person must overcome is facing the truth that bitcoin's price will never stay the same and will definitely rise and fall from time to time. Another is that bitcoin can be earned easily but not considered "sure money". It is not preventable and the only way to face those challenges is to just research more about bitcoin to gain knowledge and accept the reality that they are risking their money in bitcoin

The biggest problem faced by bitcoin user is probably the national policy that affects and may limit their usage of bitcoin. Bitcoin price that is very unstable which ncreases and decreases anytime. Risk and volatility of bitcoin prices and some of the campaigns are a scam.


Title: Re: what are the common challenges for bitcoin user?
Post by: Akupuniard on May 08, 2018, 01:19:42 PM
I think that everyone who own bitcoins nowadays have many different chalanges. For me perosnaly it's high fees for transactions, in other cases need to wait a year...


Title: Re: what are the common challenges for bitcoin user?
Post by: Stromspirit on May 08, 2018, 01:42:31 PM
as time passes, more and more people find out about bitcoin and more of them start using it. some traders and some users and they all make the ecosystem grow. crypto is a challenge for the country's currency, is not polluted and stamped by government regulations and the biggest challenge for bitcoin holders is the frequent decline in value.


Title: Re: what are the common challenges for bitcoin user?
Post by: clarise123 on May 08, 2018, 01:49:06 PM

for me the most bitcoin challenge. for you to try out because we do not know when the value of each coin is greater than ever. :)


Title: Re: what are the common challenges for bitcoin user?
Post by: manismanja on May 08, 2018, 01:55:33 PM
I think there are many common challenges that bitcoin should be against, most commonly the challenge of the high cost of shipping when bitcoin prices go up, for example when the bitcoin price is $ 20k then the shipping cost will cost very much.


Title: Re: what are the common challenges for bitcoin user?
Post by: DimensionsOfHell on May 08, 2018, 02:05:15 PM
Strangely enough, but the problem, to which class of assets belongs Bitcoin, has not yet been resolved at the official level. Trade resources operating on the principle of decentralization, due to the precedents of scandalous bankruptcy of such sites, are slowly gaining popularity and speed. The next problem is scalability. The recent processes for the approval of the ETF fund of the Winklewoss brothers could change much in the alignment of forces towards alternative monetary units, but as reality has shown, the official is not yet ready to recognize the new phenomenon as an irreversible standard of the future. and the last - the role and influence of China in the global adoption of Bitcoin is an indisputable argument.


Title: Re: what are the common challenges for bitcoin user?
Post by: congtuan001122asd on May 08, 2018, 02:20:41 PM
Bitcoin was created 10 years ago. It is a fast, cost-effective payment method. Many people make a lot of profit from bitcoin but bitcoin's users have to undergo many challenges such as the price of bitcoin varies constantly. Many governments do not accept bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: Javeron on May 08, 2018, 02:43:12 PM
I do think that some point

1. The rising and falling of values are unpredictible.  Once you make a wrong move,  it will be a great loss.
2. As it is unpredictable,  always buy BTC when it is at its Lowest Value. That way risks are lowest.
3. Always have patience, and intelligence in mind.  Keep updated to how BTC will be valued at a certain time


Title: Re: what are the common challenges for bitcoin user?
Post by: davit putra on May 08, 2018, 02:48:15 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the most common challenge for bitcoin users is panic in itself because of the unstable bitcoin price, the price that can increase at any time and at any time can go down is a challenge that must be faced for bitcoin users.


Title: Re: what are the common challenges for bitcoin user?
Post by: Husen Alikhsan on May 08, 2018, 03:09:29 PM
I think as New Bie the main challenge in securing the bitcoin price is already a joint responsibility, so we must maintain the stability of the price to stay safe. Thanks


Title: Re: what are the common challenges for bitcoin user?
Post by: Lalafell on May 08, 2018, 03:14:52 PM
The common challenge in bitcoin is it's volatility. Because of unpredictable prices.
I think the common challenge in bitcoin are the value, cause the value is unpredictable we dont know what happen tomorrow when it down or up, investing in bitcoin  have lot's of risk because of the value but we are optimistic mind that bitcoin will win all challenges and will rise and shine again.


Title: Re: what are the common challenges for bitcoin user?
Post by: hacking13 on May 08, 2018, 03:37:15 PM
The challenges in Bitcoin are as numerous as we can count but most times it has to do with price instability. This always a problem for people who want to buy units of the coins but are worried about when to buy and when not to. Today price is high, tomorrow you check it has dropped drastically.

The best way to prevent such is to keep it in mind that prices are bound to fall or rise at anytime, knowing that will prepare one against issue of disappointment.


Title: Re: what are the common challenges for bitcoin user?
Post by: david roman on May 08, 2018, 04:09:16 PM
I also think the biggest challenge in bitcoin is the application. The good news is that in recent years, digital money is being known by more and more people


Title: Re: what are the common challenges for bitcoin user?
Post by: BelieveInBTC on May 08, 2018, 04:29:44 PM
I think that the biggest issue is that many new users don't know much about wallets and keeping their bitcoins secure. Bitcoin became easy to use. You don't have to watch many tutorials to use it. There are many new Bitcoin exchanges which allow you to buy bitcoin with a credit card. You can also use a credit card which you can fill with bitcoins and use it like a normal one. Its still far from what Bitcoin wants to achieve but it's a temporary thing.


Title: Re: what are the common challenges for bitcoin user?
Post by: mekusproj on May 09, 2018, 09:08:12 AM
Bitcoin is an incredibly volatile currency since its inception.
Bitcoin has become extremely popular among speculators who buy bitcoin hoping the price will continue to rise, but it isn't helping to fuel bitcoin's popularity as a currency. For example, if I plan to go on vacation in two weeks and want to set aside $1,000 in spending money, if I choose to store this money in bitcoin, its buying power could climb or fall significantly by the time I leave. Most people simply don't want to deal with that level of currency risk.
Bitcoin has to achieve some level of stability before it can be adopted as a mainstream currency.


Title: Re: what are the common challenges for bitcoin user?
Post by: Mr.Dick on May 09, 2018, 09:12:41 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I guess one of the main challenges will be the fluctuating btc market, on the one handy side it is a good thing btc i increasing value (even if it can loose it again), but to make it a real currency, the value must get more stable, maybe in near future when bitcoin is more common to the world.


Title: Re: what are the common challenges for bitcoin user?
Post by: Risktaker31 on May 09, 2018, 09:13:10 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

What challenges are facing bitcoin ?:
 the rise and dump of its value because of uncertainty and market crashes, regulations and other thing affecting bitcoin market.

How can we prevent it?
We can't prevent it, We should wait the rise of bitcoin price and sell our tokens or btc in that times. Because bitcoins value is highly volatile.

How should we face those challenges?
brace yourself have a guts to do the risk and then embrace the everchanging price of bitcoin and alt coins.


Title: Re: what are the common challenges for bitcoin user?
Post by: keanne_isaac on May 09, 2018, 09:13:42 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
for me major challenges bitcoin currently facing is acceptance of every government as we all know lot of countries are still no considered bitcoin as an alternative mode of online payment. we can prevent this by continuous undying support snd prove that bitcoin in blockhain platform can deliver transaction securely and fast compared than common bank to bsnk transaction. we can face the challenges buy ongoing upgrade and develop more secured, effecient and fast applicstin using decentralized blockchain technology.


Title: Re: what are the common challenges for bitcoin user?
Post by: olatslodi on May 09, 2018, 09:47:35 AM
For me the challenges everyday is the security. It is hard to make decision also because the  system is decentralized. Even the most patient investors tends to panic sometimes. Another common challenge faced by everyone is how much transaction fees to pay so that they don't end up paying more while also getting the transaction confirmed faster.


Title: Re: what are the common challenges for bitcoin user?
Post by: Rubble898zaitO on May 09, 2018, 10:43:17 AM
The biggest challenges of Bitcoin users are as follows:
Governments who doesn't fully undertand Bitcoin, how it works and what to brings to the table but then work against it. They are close minded and would not even listen to what they can get out of Bitcoin. They consider Bitcoin as a threat to them to banks and to the world economy. as well as they are using their power and money to use mass media to create FUDs and false news about Bitcoin, focus on its weaknesses and make it look bad so people would avoid it. There are already some governmenst who think otherwise and are very adoptive and open to Bitcoin but still those who are not so friendly remains the biggest challenge of Bitcoin users, because they want Bitcoin down and they will stop at nothing to do that, fortunately the Bitcoin community sis growing and we are helping Bitcoin resist the burden of the actions againts it. It is fighting and is surviving all the challenges.


Title: Re: what are the common challenges for bitcoin user?
Post by: kingofrogues07 on May 09, 2018, 10:48:06 AM
According to me the common challenge for  bitcoin users is having fear to invest in bitcoin because of it's volatility and not stable. Everytime bitcoin price rapidly change with out our knowing,that's the market in crypto world.


Title: Re: what are the common challenges for bitcoin user?
Post by: Robinbitcoin44 on May 09, 2018, 10:52:28 AM
The main problems with bitcoin is that its hard to understand for most people, need to have cyber security knowledge to transact it and its prone to orchestrated attacks.


Title: Re: what are the common challenges for bitcoin user?
Post by: rumexx on May 09, 2018, 10:59:48 AM
The major challenges with bitcoin is scalability, confirmation timing and fees. There have been a lot of forks that had been done to mitigate this problems of which new altcoins like BCH and BTG are the by products. The issues with confirmation time is really killing and something must have to be done.


Title: Re: what are the common challenges for bitcoin user?
Post by: alex lionel on May 09, 2018, 11:05:15 AM
I think guessing about the price,i think many investor had experience it,and im sure that we can avoid it by researching about reading the graph,it might be helful.as of now the price of bitcoin was quickly moving.


Title: Re: what are the common challenges for bitcoin user?
Post by: jones stone2505 on May 09, 2018, 11:05:40 AM
The biggest problem is the constant change in cost. And a sharp drop and the same sharp rise up. This is an excuse for panicking many people. To combat this problem, it is necessary to strengthen capitalization


Title: Re: what are the common challenges for bitcoin user?
Post by: princeyeboah on May 09, 2018, 11:15:15 AM
I still don't buy into the idea of others that the volatility of Bitcoin as a challenge. It is within this same volatility that the price gain heights on the coin graph for investors and holders to make profits.
Talking about the challenge, i think we should consider how the world outside bitcoin will come into terms with the whole concept of Bitcoin and how to remove FUD in the people.


Title: Re: what are the common challenges for bitcoin user?
Post by: mia khalifa on May 09, 2018, 11:29:10 AM
I think the biggest and biggest challenge of bitcoin is from the total supply and development of where bitcoin can be used for payment methods, just imagine the limited supply of bitcoin makes the price extremely unstable and horrible.


Title: Re: what are the common challenges for bitcoin user?
Post by: joebrook on May 09, 2018, 12:00:26 PM
FUD and the rush to sell Bitcoins is one of the challenges besetting the current bitcoin community. Because it’s one of the main reasons why the value of Bitcoins keeps on going down almost all the time.


Title: Re: what are the common challenges for bitcoin user?
Post by: 22brandi22 on May 09, 2018, 12:03:07 PM
I think the biggest challenge is being prone to orchestrated attacks.. There is really nothing that can prevent this.


Title: Re: what are the common challenges for bitcoin user?
Post by: Intersan on May 09, 2018, 12:11:15 PM
The main problems with bitcoin is that its hard to understand for most people, need to have cyber security knowledge to transact it and its prone to orchestrated attacks.

The common challenges with bitcoin are the value of cryptocurrency is not stable, it fluctuates  either too high or too low. We have to be brave enough not to panic when the price is dumping.
Also, it is not easy to secure the money you earn from bitcoin. Like what happened to my two friends when they are about to transact their savings in bitcoin but its already  gone. Their savings went for nothing.


Title: Re: what are the common challenges for bitcoin user?
Post by: fluctuations on May 09, 2018, 12:30:26 PM
The biggest challenge we can see is the risk of investing in bitcoins in markets, prices. And many people do not know the legal regulations for this currency, not strict control so the bitcoin is quite complicated in the market so it may be related to criminalization.


Title: Re: what are the common challenges for bitcoin user?
Post by: ward_38coin on May 09, 2018, 12:39:01 PM
I think the biggest problem is actually understanding bitcoin as a whole and the crypto world.


Title: Re: what are the common challenges for bitcoin user?
Post by: rickyNmorty on May 09, 2018, 12:47:17 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common nuisances bitcoin users, investors abd the likes often experience are the ones that are affiliated with bitcoin's instability when we talk about its value. The uncontrollable abd rapid ups and downs to bitcoin's price has made a lot of investors quit because of the amount of losses they ghave received. Although there is no possible way as if now to atleast alleviate the high volatility of bitcoin, there are ways which we could exercise in order to minimize the damages it can inflict on our investments.


Title: Re: what are the common challenges for bitcoin user?
Post by: CryptopreneurBrainboss on May 09, 2018, 02:59:42 PM
For me I think the major challenge is the volatility.  I mean people are afraid of losing their capitals due to dips BItcoin experience rapidly without warning. Just imagine a drip from 20k to 6k in matter of months. If this can be reduced I think BItcoin will be a major player when it comes to currencies and asset


Title: Re: what are the common challenges for bitcoin user?
Post by: saumang2m on May 09, 2018, 06:13:26 PM
The biggest challenge for Bitcoin User is Bitcoin Price. We are afraid of investing in Bitcoin. If there is no price down of Bitcoin, due to which there will be no damage to us. Because Bitcoin's prices are up and down all the time. This is the main challenge every bitcoin user faces.


Title: Re: what are the common challenges for bitcoin user?
Post by: popoyuyun on May 09, 2018, 06:32:49 PM
The challenge for bitcoin users is that the price is unpredictable and can go down anytime. That's probably one of the challenges you have to face. And many more because many risks for bitcoin users.


Title: Re: what are the common challenges for bitcoin user?
Post by: paul gatt on May 10, 2018, 12:33:03 AM
Bitcoin has become a popular digital currency all over the world, but bitcoin is facing many challenges:
_ Lack of community understanding.
_ Payment issues.
_ Issues of acceptance.


Title: Re: what are the common challenges for bitcoin user?
Post by: Briella18 on May 10, 2018, 12:52:54 AM
The common challenge for bitcoin users should be that Bitcoin will easily receive market influence, price volatility will be particularly large, and it will be difficult to predict future developments


Title: Re: what are the common challenges for bitcoin user?
Post by: markgayamo on May 10, 2018, 02:36:52 AM
The common challenges for Bitcoin users are too many you have to be patience all the time and there is not fix rate or income in Bitcoin as long as you know what to do with your coins. When the time is right and when you see that in the exchange site your coins has a price sell it. And the most challenging part is when you do trading because you have to learn the right strategy and you must updated in the pricing of your coins when it gets high and low. You can't predict the price of your coins.


Title: Re: what are the common challenges for bitcoin user?
Post by: mardid 85 on May 10, 2018, 02:38:59 AM
I think instability is the major challenge here, because you can just wake up one morning to find out that your 100 BTC has fallen down to 10 BTC, when you must have made plans for it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Casey7 on May 10, 2018, 02:41:12 AM
As a bitcoin holder, the most challenging for me is the volatility of prices especially in dumping season since i still consider as newbie in this crypto world. But as time goes by, i am also aware that there are more challenges for me that will arise and bigger that what i think it is right now. Like how to secure my investment since hackers are all over right now. Day by day my worries got deeper.

I agree that volatility is one of the biggest challenges that Bitcoin has been facing right now. I think there are no effective ways to stop this. The Bitcoin market will always be volatile because the buys and sells of Bitcoin all over the world are changing every once in a while. The prices therefore are also very shaky. It cannot stop stagnant for even a short while.
Volatile is the biggest challenge and its the best challenge to make high profit. Without volatile, bitcoin is nothing.
Who will invest in bitcoin if the market flat? Nobody. Who will trade bitcoin if no volatile? Nobody too. So we have to keep the volatile of bitcoin very well.


Title: Re: what are the common challenges for bitcoin user?
Post by: jeldzrey16 on May 10, 2018, 02:45:13 AM
The challenges for bitcoin user is that every trabsaction we have made. Aside from being risky, the gas fee of transaction could drain your balances. Yet we cant prevent it, we just need to accept it.


Title: Re: what are the common challenges for bitcoin user?
Post by: jaaeeeyyyy on May 11, 2018, 10:03:37 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges a lot of bitcoin investors experience is the fact that bitcoin is highly unstable therefore endangering their investments in a possible failure especially for those investors that pumped lesser amounts of money than those that bought more cryptocurrencies. There is no possible way to prevent this from happening but keeping a good mindset and a positive spirit on investing with bitcoin helps vastly.


Title: Re: what are the common challenges for bitcoin user?
Post by: wallstone on May 11, 2018, 10:31:01 AM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.
Invesment in bitcoin have risk cause the value is unstable this is the challenge facing of bitcoin cause we don't know when it up or down. But all investors are positive thinker that bitcoin will rise and give high profit.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kakawate on May 11, 2018, 10:45:25 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think, the biggest challenge oc cryptocurrency is the government, yes cryptocurrencies are a great help to people, for it brings convinience and great advantages for us people. Now if the government say that cryptocurrencies should be banned then we got nothing to do but to ban it, hopefully the government would see the great advantage that cryptocurrency brings.


Title: Re: what are the common challenges for bitcoin user?
Post by: klim75 on May 11, 2018, 10:51:18 AM
I think the biggest challenge is the legalize cryptocurrency isn't solved yet. The second is hacking of wallets. Besides, it's volatility.


Title: Re: what are the common challenges for bitcoin user?
Post by: pekavcilar01 on May 11, 2018, 11:05:14 AM
In general, users are very complaining about the security problem. There are many questions about which wallet is reliable.
With the advent of technology, security problems emerge. However, it's a big problem with hackers.


Title: Re: what are the common challenges for bitcoin user?
Post by: marjon on May 11, 2018, 11:06:27 AM
For an investors common challenges they will face is volatility. For a mass adoption, government regulations is the leading hindrances regarding this matter. Another big challenge of Bitcoin we should take consider is it can be used as scamming tools by notorious and greedy peoples which caused bad reputation to Bitcoin's name.


Title: Re: what are the common challenges for bitcoin user?
Post by: jurelmartin on May 11, 2018, 11:12:07 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

One of the many challenges for a bitcoin user is a scam, of course if you're smart enough or well aware on how bitcoin works you can prevent that, but for some BTC users are still lacking of knowledge or experience that scammers takes advantage of


Title: Re: what are the common challenges for bitcoin user?
Post by: Akupuniard on May 11, 2018, 11:18:45 AM
The most common stuff for bitcoin users are slow transactions because nobody likes to pay fees, very difficult to buy/sell because of volatile price and also probably scammers are problem.


Title: Re: what are the common challenges for bitcoin user?
Post by: SingAlong on May 11, 2018, 11:19:46 AM
There are some common challenges users can  first is the concept of the bitcoin you should have deep understanding to understand this bitcoin system second is the scammers and hackers that are unstoppable that's why people are afraid to use bitcoin and the unpredictable price of bitcoin. To prevent all of this or overcome we should be more careful and have long patience.


Title: Re: what are the common challenges for bitcoin user?
Post by: LoudA__ on May 11, 2018, 11:20:37 AM
I think the biggest challenge is the legalize cryptocurrency isn't solved yet.

It's not that I don't want crypto currencies to be legalized but I guess it is fine how it is right now.

The second is hacking of wallets.

Hacking of wallets? Can a wallet be hacked? I don't think that will be that easy since as far as I know, exchanges are the one being hacked and not the wallet of users.


Title: Re: what are the common challenges for bitcoin user?
Post by: Bruce1614 on May 11, 2018, 11:36:03 AM
I additionally think the greatest test in bitcoin is the application. Fortunately as of late, advanced cash is being known by an ever increasing number of individuals. Our people group is extending each day. The terrible news is that most governments are suspicious or even contradicted to the exceptional cash. This is surely knew, in light of the fact that bitcoin will grab the control of the legislature and different divisions.


Title: Re: what are the common challenges for bitcoin user?
Post by: Dark_raven007 on May 11, 2018, 11:42:13 AM
Yes, he has a lot of problems yet. Problems with the law, that is, in many countries have not yet decided about it. Fighting the collars. Fighting the mind of a person, not everyone has the opportunity to know its potential. A solution will find these problems only with time.


Title: Re: what are the common challenges for bitcoin user?
Post by: Chachacoin17 on May 11, 2018, 11:42:26 AM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.
Invesment in bitcoin have risk cause the value is unstable this is the challenge facing of bitcoin cause we don't know when it up or down. But all investors are positive thinker that bitcoin will rise and give high profit.
Exactly! This is one of the challenges we bitcoin users are facing, it's volatility is hard to control, its economy is young and there's still room for stability to take place since bitcoin is still developing. Aside from this, other considerable challenges would be its adoption, media influence, and fake news. I don't think for someone who is patience and positive to face all these challenges can impede from becoming successful in Bitcoin. All we need to do is to never lose hope and never lose grip on our dreams.


Title: Re: what are the common challenges for bitcoin user?
Post by: kyucryp on May 11, 2018, 11:51:52 AM
I think the biggest challenge of bitcoin is a drastic drop in value sometimes makes me very worried. And the ban from the government. If my government suddenly forbids bitcoin and all forms of investment in cryptocurrency then my money is depleted. How to solve it all in my opinion by always promoting the benefits of bitcoin. Through this forum and social media.


Title: Re: what are the common challenges for bitcoin user?
Post by: aiviaa485 on May 11, 2018, 12:36:44 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?


FUD is a Bitcoin challenge from the past until now.

because when there is good news about Bitcoin then I assure Bitcoin will go up.

and when there is FUD then definitely Bitcoin will go down.


Title: Re: what are the common challenges for bitcoin user?
Post by: Luigieee on May 11, 2018, 12:47:58 PM
These are the common challenge that i know when you have bitcoin,these is the loses your profit in your investing ,you can prevent it if you have knwldge to read what and where the price of bitcoin can go,another one wasting of time if you have bitcoin ,as i know you need to wait and patience if you are encountering holding of bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: evader11 on May 11, 2018, 12:53:43 PM
There are many challenges here in bitcoin especially to those people who used it but i can't count it one by one. Even we've experienced a lot of trials here just always remember that it won't longer. We need to be strong so we can fight all the problems we've experienced. Don't lose hope everything will be fine if you do your best to stand up.


Title: Re: what are the common challenges for bitcoin user?
Post by: Pumapipa on May 11, 2018, 01:07:39 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
add bitcoin is rising and gaining popularity, there are still challenges that it is facing.
Firstly, the challenge of how we can introduce it to older generations, how can we relay to them that cryptocurrency and bitcoin is just the same as fiat, it is just that there are no governing body that regulates it.
Secondly, the challenge of volatility. Even though bitcoin had been here for years, the value of it continues to rise and dip in extremes.
In lieu of these we must continue to educate ourselves when it comes to how we deal with investing in bitcoin, it will be of great help to read especially in this forum.


Title: Re: what are the common challenges for bitcoin user?
Post by: dongbat03 on May 11, 2018, 01:14:08 PM
There are many challenges here in bitcoin especially to those people who used it but i can't count it one by one. Even we've experienced a lot of trials here just always remember that it won't longer. We need to be strong so we can fight all the problems we've experienced. Don't lose hope everything will be fine if you do your best to stand up.

For me I think the volatility of the market price is one of the most challenging for bitcoin user.


Title: Re: what are the common challenges for bitcoin user?
Post by: fbastage on May 11, 2018, 01:14:52 PM
I think the fact that it is not known when it really is worth buying and selling bitcoin! There is no point in talking about slow and expensive transactions, because in my opinion now bitcoin is not used to transfer its funds, bitcoin is used as gold as the storage of its money!


Title: Re: what are the common challenges for bitcoin user?
Post by: notyours on May 11, 2018, 01:19:10 PM
The common challenges of bitcoin users are its ups and downs. I'm sure we've all experienced the beat. And of course we also have to win, So we should get used to this scenario because it will be the key to success.


Title: Re: what are the common challenges for bitcoin user?
Post by: dhka on May 11, 2018, 01:24:37 PM
The common biggest challenge for bitcoin user is impatient. Many people are too impatient to wait for the perfect moment and end up blaming anybody else.
Not understanding how blockchain works is also the reason. Most of them just come for quick money without knowing what they do ::)


Title: Re: what are the common challenges for bitcoin user?
Post by: Rinzo on May 11, 2018, 01:30:44 PM
some of the challenges facing bitcoin users include little or no knowledge about blockchain, users are being hacked and their coins lost. one needs to acquire more knowledge on the blockchain trade either by doing research, reading a book or learn from someone who has vast knowledge. to avoid been hacked, one needs to be very careful with the private key. keep your private key where only you have the access to. do not credit the wrong address and be careful of the site you login to. check to see the spelling is correct before putting your private key


Title: Re: what are the common challenges for bitcoin user?
Post by: noelanora99 on May 11, 2018, 01:34:02 PM
I think it's own instability is also one big challenge for bitcoin. The possibility of making your investment a lost cause is really making the possible investors back away and become hesitant, specially those new investors who are not very familiar with it are mostly the victim of this problem. Although there may not be a possible clear solution to this, all we can do is face this fact and take the risk.


Title: Re: what are the common challenges for bitcoin user?
Post by: gundala on May 11, 2018, 01:35:37 PM
There are many challenges here in bitcoin especially to those people who used it but i can't count it one by one. Even we've experienced a lot of trials here just always remember that it won't longer. We need to be strong so we can fight all the problems we've experienced. Don't lose hope everything will be fine if you do your best to stand up.
You are right, there are many challenges. But, the biggest challenge, in my opinion, is to make choices to determine buy and sell positions. Analyzing the market using the indicators provided requires special skills and sufficient experience.


Title: Re: what are the common challenges for bitcoin user?
Post by: datmacro on May 11, 2018, 01:37:48 PM
I think the biggest challenge is from the evil intentions of money launderers, and hackers. I think government sponsorship is necessary


Title: Re: what are the common challenges for bitcoin user?
Post by: Carlsen on May 11, 2018, 01:39:58 PM
I think that a very big challange will be the regulation of the ICO market.
A lot of money flows there, but once regulations are made, I suppose the number of new ICOs will decrease on a larger scale.
I fear that with less money circulating, the attention the world brings to the crypto sector right now will go down as well, and that would mean even less money circulating.


Title: Re: what are the common challenges for bitcoin user?
Post by: violet catona on May 11, 2018, 01:47:56 PM
I think, The most biggest challenge is when we do trading in Bitcoin and you can make the right decision about Bitcoin. When we can know it, Then we can take a proper decision.


Title: Re: what are the common challenges for bitcoin user?
Post by: fredo123 on May 11, 2018, 01:56:14 PM
Challenges of bitcoin as a user is the legality, there are many issues with regards about banning bitcoin in some other countries because this might be a source of crime, and its hard to counterfeit because most of the user are unknown, We afraid that our country might imposed the same scenario with China. And this will be the reason to closed our hopes and dreams to become successful individual in terms of Trading.


Title: Re: what are the common challenges for bitcoin user?
Post by: Lomberjack on May 11, 2018, 02:08:28 PM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

I agree with that, and I think  people who has limited experiences here and knowledge I guess they will be in trouble if Bitcoin dumps comes on and the only thing that they will do is to wait I guess rhe fact that this is a volatile forum, this may challenge them on how can they be still determined even thoigh time and current situation makes them domant, meaning inactive for workingbhere due to the undesirable things that happened.


Title: Re: what are the common challenges for bitcoin user?
Post by: icaica22 on May 12, 2018, 04:31:52 AM
I'll tell you a little bit Some of the challenges a person faces are facing the truth that bitcoin prices will never stay the same and will surely go up and down over time. Another is that bitcoin can be obtained easily but not considered "sure money". This can not be prevented and the only way to deal with the challenge is to just research more about bitcoin to gain knowledge and accept the fact that they are risking their money in bitcoin. And the biggest challenge today is not from Bitcoin itself, but from outside (external source). Bitcoin has been used widely by people all over the world. Ease of use has been much better than last year. Confirmation time is much faster since Segwit is valid. The transaction fee back to very very cheap as it once was, ranged in USD cents. The only problem is the government. Most governments, especially in third world countries, still have not allowed their citizens to use Bitcoin as a means of payment.


Title: Re: what are the common challenges for bitcoin user?
Post by: Lazada on May 12, 2018, 05:00:10 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The most serious challenge that needs to be faced is the Bitcoin price movement that is very easy to change. I see this as a problem, but I also say this is the positive side. If we respond negatively then of course this is a problem. Though we can use it well, when we can take the opportunity to earn profits then it is worth saying as a positive thing. We must wait also how the reaction will be done by the government, support from the government will greatly help how bitcoin will grow in the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: Genosx on May 12, 2018, 05:24:21 AM
The common challenge that test the faith and skills of bitcoin users is how do they deal with loss.  Through low market value,  it test the bitcoin users what will be there actions in this type of situation.


Title: Re: what are the common challenges for bitcoin user?
Post by: binarhingar on May 12, 2018, 08:22:33 AM
the common challenge of bitcoin users is they can lose bitcoin if they are not careful, such as negligence in the privacy key known to people. and also anxiety when bitcoin prices go down, and also less usually read charts when bitcoin prices will rise high and for itula sell it at lace price people will be disappointed, this situation often happens by beginners.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kupid002 on May 12, 2018, 10:33:02 AM
The common challenge that test the faith and skills of bitcoin users is how do they deal with loss.  Through low market value,  it test the bitcoin users what will be there actions in this type of situation.
exactly this is so much thing that we can actually see for that this currency need to have deal with it we can actually experience for everything that is for not to be expect for a lot of challenges here that in a real world you have to face this also.


Title: Re: what are the common challenges for bitcoin user?
Post by: icecream sandwich on May 12, 2018, 11:08:38 AM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

Not all people can adopt to the bitcoin thing because they are digitally used unlike the fiat and besides there are limited stores that are accepting it as a payment so it is not that easy to use bitcoins in this time because they are not that accepted at all market. But as time goes by the people get to know it more and more people use it. But the temptation also is one challenges if you are a user because sometimes the price falls and you want to buy so you will lose money if you sell them you have to have a lot of patience


Title: Re: what are the common challenges for bitcoin user?
Post by: MUSFIKAR on May 12, 2018, 11:09:07 AM
The one challenge you can really think about is adoption. and it's not something you can fix, it's something that is self-determined with time. as time passes, more and more people find out about Bitcoin and more of them start using it. some traders and some users and they all make the ecosystem grow. This is unavoidable and the only way to deal with these challenges is to just research more about Bitcoin to gain knowledge and accept the fact that they are risking their money in Bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: tokexchain on May 12, 2018, 11:15:45 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think as many here do too that the main problem or barrier is adoption, locally and globally - it's not as if a whole new platform of hardware needs to be implemented, like with say chip and pin machines - anyone with a mobile phone or other smart devices can send, receive and generally use Bitcoin (And the Alts), even existing in store POS units could be very easily adapted to throw up a QR code to receive the payment.

It's not out of boundaries for many people, is not hard to use and the tech layer is there right now to utilize across differing devices.


Title: Re: what are the common challenges for bitcoin user?
Post by: salintheonline on May 12, 2018, 11:22:19 AM
The biggest problem is that right now the financial infrastructure that exists to handle transactions for other things doesn't quite exist for bitcoin.  If you send your money to a bitcoin exchange, how do you know that people won't run away with it?  You can ask the same question about stock exchanges, and in the early days of stock exchanges, people *did* take the money and run.  It took several decades of trial and error to figure out how to keep this from happening.  Bitcoin is going through the same "learning curve" but it's going to happen a lot faster.


Title: Re: what are the common challenges for bitcoin user?
Post by: oi pantura on May 12, 2018, 11:27:38 AM
Some of the challenges that a person must overcome is facing the truth that bitcoin's price will never stay the same and will definitely rise and fall from time to time. Another is that bitcoin can be earned easily but not considered "sure money". It is not preventable and the only way to face those challenges is to just research more about bitcoin to gain knowledge and accept the reality that they are risking their money in bitcoin


Title: Re: what are the common challenges for bitcoin user?
Post by: Peashooter on May 12, 2018, 11:33:23 AM
First is that it is risky to go into. At times, it goes down but sometimes it bounces back. None of us know what will happen in this cryptocurrency and I think that is the biggest challenge every btc user faces.
The biggest common challenge in bitcoin is the price cause is not stable it is risky for every investor's. We don't know what happen tomorrow when it down or up, all we need is patient and be optimistic that bitcoin will rise and shine again.


Title: Re: what are the common challenges for bitcoin user?
Post by: Astermony on May 12, 2018, 12:16:10 PM
The most important challenge faced by bitcoin users is the bitcoin price fluctuation that is so active every time that they must have the skills to read the charts if investing in the short-term. As for other challenges is the rise of negative news about bitcoin and bitcoin users should have confidence that bitcoin can survive from FUD news that is likely to affect the movement of bitcoin prices in the market. I also learned from friends who have long experience in this crypto and the key to facing the challenge is to be patient and wait for the right time to benefit from the investment we do on bitcoin.
Yes I strongly agree with you. I think the common challenge that users are facing is the connection to internet because sometimes the wifi or data is so poor and we can't log in to our account. I think also the rules in every campaign because sometimes rules are not clear that's why other users are have doubt but it is not a big problem.


Title: Re: what are the common challenges for bitcoin user?
Post by: Fakrull on May 12, 2018, 12:17:17 PM
Challenge for bitcoin users
1. New born technology
Troubleshooting challenges such as transaction speed, data limits will be crucial in making widely applicable blockchains.
2. Regulatory status is uncertain
modern currency (bitcoin and bloklckchain) which are always created and regulated by national governments that will face obstacles to the problem of adoption / adoption by existing financial institutions if the status of government regulations has not been established.
3. The emergence of its new virtual currency
with you its new virtual currency then it will be a competition on the market, could be cause low bitcoin prices down .


Title: Re: what are the common challenges for bitcoin user?
Post by: Raidal on May 12, 2018, 01:54:48 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

One of the bitcoin’s challenges is the fluctuation of bitcoin price suddenly. This is because of no official government controling the movement of bitcoin itself. In addition, bitcoin doesn’t provide consumer protection insurance. A simple way, we can monitor the development of bitcoin news every day so we can take decisions from past bitcoin development. Actually,
there are many more bitcoin’s challenges because bitcoin is a new thing in currency technology.


Title: Re: what are the common challenges for bitcoin user?
Post by: Piggymonster on May 12, 2018, 03:47:23 PM
The most common challenges of bitcoin that I can think of the security from the hackers, it is because they are always finding ways to steal our hard earned coins. And the hardest challenge is the mass adoption of bitcoin, there are some countries who banned bitcoin because they are just afraid of it, the see its big potential to influence the financial system.


Title: Re: what are the common challenges for bitcoin user?
Post by: Bitcoinbitcoin0909 on May 12, 2018, 03:54:04 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Bitcoin has already faced a lot of changes all over its existence but all of it was surpassed by it after a long wait. Many people thought bitcoin will not make it big today but they've eaten all their prediction as bitcoin arises still on the top. As long as we are supporting bitcoin, nothing bad will happen on it so let us keep up with it through all the challenges it is facing.


Title: Re: what are the common challenges for bitcoin user?
Post by: joykulot on May 12, 2018, 04:06:20 PM
Being involved in bitcoin is a challenge by your patience, the risk to invest and buy. And you have to accept if its value drops and learn to hold and do not hurry.


Title: Re: what are the common challenges for bitcoin user?
Post by: kangbasir on May 12, 2018, 04:14:57 PM
Opportunities and Challenges The tremendous technological development for me from the advantages of using this online taxi lies in the fee fee being a promising market for a small company for one, through Bitcoin pioneered by blockchain technology.


Title: Re: what are the common challenges for bitcoin user?
Post by: safarabela on May 12, 2018, 04:23:17 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the common challenge for bitcoin users is the value of an unstable bitcoin so we must have the patience to profit from it.


Title: Re: what are the common challenges for bitcoin user?
Post by: pantheraio on May 12, 2018, 04:28:02 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Bitcoin as a means of investment or speculation sees its extraordinary fluctuations. Buying Bitcoin at a low value and selling it at a higher value is definitely more promising in the short run than using it as a tool to buy a digital object. Maybe that's one of the challenges i can explain for bitcoin users.

Maybe skill and communication will also be tested if we use bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: dificanovi on May 12, 2018, 05:21:10 PM
the challenge often encountered by bitcoin is a very long price reduction. if there is a decrease in the price of bitcoin then all we have to do is hold the bitcoin we have until the bitcoin price recovered. we should be able to control our emotions if bitcoin prices decrease because we can get huge losses if we can not wait for the bitcoin prices to recover.


Title: Re: what are the common challenges for bitcoin user?
Post by: Escan0r on May 12, 2018, 05:40:53 PM
The challenge you must take for bitcoin users is that you must be prepared because bitcoin prices are often unstable and not predicted for the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: AjithBtc on May 12, 2018, 05:43:29 PM
the challenge often encountered by bitcoin is a very long price reduction. if there is a decrease in the price of bitcoin then all we have to do is hold the bitcoin we have until the bitcoin price recovered. we should be able to control our emotions if bitcoin prices decrease because we can get huge losses if we can not wait for the bitcoin prices to recover.
In simple terms user should have a clear understanding and next thing is the patience to hold the assets while the market is not good. Very few has the mentality to keep hold of it, while most of the users fear on experiencing the price fluctuations. Here newcomers were the most suffered people of all time.


Title: Re: what are the common challenges for bitcoin user?
Post by: wasaisisisi on May 12, 2018, 05:53:52 PM
The challenge for bitcoin users in my opinion is that you have to be ready for the future in bitcoin because the bitcoin price is never stable as I see it.


Title: Re: what are the common challenges for bitcoin user?
Post by: Sandijoee on May 12, 2018, 06:05:11 PM
Quite a lot of challenges from bitcoin. Starting from investing the challenge must be brave and not afraid to lose if bitcoin down. And 1 more that I know the challenge of bitcoin is following a signature campaign.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kambal2000 on May 12, 2018, 06:09:34 PM
Quite a lot of challenges from bitcoin. Starting from investing the challenge must be brave and not afraid to lose if bitcoin down. And 1 more that I know the challenge of bitcoin is following a signature campaign.
We are lucky enough because we have found out bitcoin already established, imagine it during its first three years for sure a lot of people are making negative thoughts against it but look at how bitcoin has come so far right now where in a lot of opportunities it brought in the community.


Title: Re: what are the common challenges for bitcoin user?
Post by: Nitnit13 on May 12, 2018, 06:10:12 PM
Quite a lot of challenges from bitcoin. Starting from investing the challenge must be brave and not afraid to lose if bitcoin down. And 1 more that I know the challenge of bitcoin is following a signature campaign.
Maybe it's true that you have to be brave when bitcoin prices are falling and keep bitcoin in the long run. And I hope the bitcoin users will withstand the fears that often haunt when bitcoin prices go down.


Title: Re: what are the common challenges for bitcoin user?
Post by: charlotte04 on May 12, 2018, 06:12:43 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the challenges for us people that are now inside the community of cryptocurrencies are those people that are not with cryptos, they will likely not support it until they realize that true use of cryptos.


Title: Re: what are the common challenges for bitcoin user?
Post by: Kildin11 on May 12, 2018, 06:13:31 PM
risk of losing their money invested in bitcoin. all other problems are secondary. I would single out the second problem: the lack of an innovative proposal.


Title: Re: what are the common challenges for bitcoin user?
Post by: anti76 on May 12, 2018, 08:45:18 PM
the challenge often encountered by bitcoin is a very long price reduction. if there is a decrease in the price of bitcoin then all we have to do is hold the bitcoin we have until the bitcoin price recovered. we should be able to control our emotions if bitcoin prices decrease because we can get huge losses if we can not wait for the bitcoin prices to recover.
I agree with you, but this is not just a problem of bitcoin, but of all other coins.) Also I think that it's worth learning to determine the moment and selling your bitcoins and not to be in the red, then you will not have any problems)


Title: Re: what are the common challenges for bitcoin user?
Post by: ogini on May 12, 2018, 08:55:24 PM
Transfer confirmation, hackers,they are the major challenge with bitcoin holders,if these challenges can be met than there will be less fear of how to handle wallet.


Title: Re: what are the common challenges for bitcoin user?
Post by: lehamay on May 12, 2018, 09:53:50 PM
The biggest challenge that Bitcoin will be facing is the regulation of governments. Because there are countries that don't want to about Bitcoin being a method of payment or make it legal currency. How we should we face those challenges? I don't think that Bitcoin will become a currency that is being widely used for buying goods because people will always think of Bitcoin as an investment instead of using it as a medium of payment and we have to accept that.


Title: Re: what are the common challenges for bitcoin user?
Post by: Akichiva23 on May 12, 2018, 10:37:57 PM
The main challenge to a bitcoin user  is the government regulations, this is one thing that keeps the users thinking all the time of what might happen as if regulations against BTC are made then it will inevitably fall


Title: Re: what are the common challenges for bitcoin user?
Post by: wilburwilbur on May 12, 2018, 10:43:01 PM
The challenges are the restrictions of bitcoin. Not every country accept bitcoin. China for example
Imagine you as a chinese. You want bitcoin but your government banned it
One more is ignorance, they underestimate volatility of bitcoin so they just put it all in btc then if btc will be in dip they will say "bitcoin dead" like whot?


Title: Re: what are the common challenges for bitcoin user?
Post by: lemonscentedbreeze on May 12, 2018, 10:46:06 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The common challenges that I face as I began to invest and use bitcoin is its volatility which greatly affects your view over your investments since you may see the market crash from time to time which can result to panic and doubt specially to newbies and I think the reason I overcome it is patience and trust in bitcoin's credibility as a currency and as an investment option.


Title: Re: what are the common challenges for bitcoin user?
Post by: Jlv on May 12, 2018, 10:56:28 PM
I think the common challenges for bitcoin users is the acceptance to the public., Not all merchandise accept it and how the government regulate it to the people, they should be the first to understand it and then teached the people on how bitcoin helps and make progress in their life.


Title: Re: what are the common challenges for bitcoin user?
Post by: liseff3 on May 12, 2018, 10:59:20 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

If in review of some aspects, Bitcoin has problems among others, namely :
Not effective for small transactions.
Transactions on Bitcoin are not Instant we still need a third party (online wallet).
Scalability issues.
Security Issues because it's more easily stolen as the EU government says.
Prevention: Maybe this is the task of "Bitcoin Developers", because he may know better than us how to solve it.

Bitcoin's often misused by its users, namely :
Potentially large, the occurrence of money laundering scandals resulting from corruption.
Crime.
Avoiding taxes.
Prevention: Required KYC performance


Title: Re: what are the common challenges for bitcoin user?
Post by: missyqt29 on May 12, 2018, 11:37:42 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most common challenge I observe here in this community and experienced them also is over thinking. We can't help ourselves to relax in few times. The waiting is getting to our nerves yet we do our best to patiently hold on to investment.


Title: Re: what are the common challenges for bitcoin user?
Post by: Casey7 on May 12, 2018, 11:46:21 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Even though bitcoin is the oldest coin it has some challenges that still haven't been improved.
One challenge is that bitcoin isn't not yet being used world wide and without any third party service it is not possible to make any purchase in the restaurants or in any other market, instead we should use bitcoin debit cards which recently many of them have stopped working because of some government regulations.
There are so many challenges to bitcoin and altcoin holders in cryptocurrency era.
One of those thing is mention above, that is government regulation. Government can be a friend and sometime worst enemy for crypto. If the regulation forbid crypto, then its last time for crypto. All will be zero value if all government dont allow crypto being legal.


Title: Re: what are the common challenges for bitcoin user?
Post by: spadormie on May 12, 2018, 11:50:30 PM
Common challenges for us bitcoiners are buy high sell low strat. I don't know how to conquer this one when i was a beginner. Hopefully I can now.


Title: Re: what are the common challenges for bitcoin user?
Post by: finzyoj on May 12, 2018, 11:53:28 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most common challenge I observe here in this community and experienced them also is over thinking. We can't help ourselves to relax in few times. The waiting is getting to our nerves yet we do our best to patiently hold on to investment.

Most common challenges are other people who do not have any knowledge of it say negative about bitcoin. Its not so sure/secure because sometimes you might lost your money in your wallet in an instant. And also other people do the panic selling so due to that the price drops continuously.


Title: Re: what are the common challenges for bitcoin user?
Post by: CyNotes on May 12, 2018, 11:54:59 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Challenges may we encounter in our bitcoin? First is the accusing it as threat to other banks and governments. Second is accusing it as one of the biggest scammer. How we can prevent it? Just ignore it and don't believe them. How we should face those challenges? Can you face it if you already ignore it? so nothing you can do because you ignore and don't fool yourself.


Title: Re: what are the common challenges for bitcoin user?
Post by: adjudicator on May 12, 2018, 11:57:57 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The usual challenges that a bitcoin users is facing is when there is a unpredictable big dump of bitcoin in market, usually bitcoin is always changing but there is some instances that the price of bitcoin get a big dump in market and it is hard especially for me when I need money and I need to sell my bitcoin in a lower price.


Title: Re: what are the common challenges for bitcoin user?
Post by: thundercrystal on May 12, 2018, 11:59:22 PM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges for all of the bitcoin user including me is how long we will hold our bitcoin until the price will grow very high and we can face that challenges by having trust and by having a long patience on holding our bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: 7Dyoknga5 on May 13, 2018, 12:00:01 AM
Of course number 1 is price volatility. If your purchasing it as currency another challenge is that number of stores/shops available to accept bitcoin.


Title: Re: what are the common challenges for bitcoin user?
Post by: dillpicklechips on May 13, 2018, 12:01:20 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges that bitcoin may face are first, scammers and hackers are unstoppable. Second, price of bitcoin not always the same it is unpredictable. Third is the government who wants to ban bitcoin and the peole who abused it and use it in illegal doings. To prevent all of this we should be more careful and have enough knowledge on doing some decision.


Title: Re: what are the common challenges for bitcoin user?
Post by: Burogh on May 13, 2018, 01:55:34 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think, bitcoin facing many challenges. The biggest challenges facing bitcoin, i think is on regulation. If we want using bitcoin currency and using for payment, regulation from government needed because central banks i am believe not allowing bitcoin for payment.


Title: Re: what are the common challenges for bitcoin user?
Post by: Suguha on May 13, 2018, 02:08:55 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
For me the challenges that users facing in bitcoin are time management because not all users has a time to post sometimes they post 10 posts in a day or more to fulfill the posts that is needed in a week, scammers and hackers, are most problem the the users encounter in bitcoin because it is one of rhe factors that is blocking to the money that the users earned.


Title: Re: what are the common challenges for bitcoin user?
Post by: godrey123 on May 13, 2018, 02:27:23 AM
Their are many different things that bitcoin users face. But I think the most common challenges that most of us face is the legality, many country ban bitcoin and because of that we cannot use the full capability of it. Also one of the problem is the ability to adopt by most of us.


Title: Re: what are the common challenges for bitcoin user?
Post by: jekanmasin on May 13, 2018, 02:33:58 AM
Their are many different things that bitcoin users face. But I think the most common challenges that most of us face is the legality, many country ban bitcoin and because of that we cannot use the full capability of it. Also one of the problem is the ability to adopt by most of us.
Bitcoin nowadays has to face many challenge.. but im very positive without problem bitcoin will sure not be so famous. about the legality of bitcoin it very sure country's that banned bitcoin will not wanna bitcoin to go more bigger as some country see it as a big threat to the economy. Just trust on bitcoin will go 1 million per bitcoin in the future.


Title: Re: what are the common challenges for bitcoin user?
Post by: Babbleingbrook on May 13, 2018, 03:11:16 AM
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

This.

Mass adoption is the biggest challenge facing crypto at the moment, in the face of the current FUD. As with most things I think the key to further adoption is EDUCATION- the more people understand how revolutionary this tech is, the more interest in the space. simple.


Title: Re: what are the common challenges for bitcoin user?
Post by: Rarahumaira on May 13, 2018, 03:12:40 AM
The challenge for bitcoin users is that you should accept the risk of unstable bitcoin prices. Maybe that's one reason I think.


Title: Re: what are the common challenges for bitcoin user?
Post by: SilentBeat on May 13, 2018, 03:45:08 AM
one of bitcoin's most common problem is that some countries want to banned bitcoin. from my own opinion a proper regulation of btc will prevent it from happening since many people nowadays are into bitcoin. which really help many nowadays.


Title: Re: what are the common challenges for bitcoin user?
Post by: hachimon on May 13, 2018, 04:02:30 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

in my opinion, the challenge that bitcoin faces is the negative view of a country, because it assumes that bitcoin will beat the country's currency.
perhaps we can prevent it by the way, teach and give understanding to people who have not understood about bitcoin, that bitcoin is just a very positive digital currency and can be beneficial for people who use the bitcoin. and bitcoin will not be able to wipe out a country's currency.
in my opinion facing the challenge, should be with a calm mind and not have to panic with the challenge. because if we do not calm down, then we will experience panic, which will have a negative impact for ourselves.


Title: Re: what are the common challenges for bitcoin user?
Post by: gates on May 13, 2018, 05:18:16 AM
The biggest problem now is the government policy against bitcoin in some countries and difficulties with conversion big amounts of BTC into $.


Title: Re: what are the common challenges for bitcoin user?
Post by: Juggy777 on May 13, 2018, 05:22:16 AM
The most common challenge I believe is which information to trust and how to make best use of it. There is so much information flowing around us that's it's actually chocking our ability to make a good decision. Then the challenge is to keep our wallets safe and many struggle at this. The final challenge is TRUSTING others blindly and loosing when that person defaults however together we can overcome these problems.


Title: Re: what are the common challenges for bitcoin user?
Post by: kulitmanggis on May 13, 2018, 05:45:14 AM
I think the main challenge for bitcoin users is the higher cost of bitcoin shipping and the more difficult it is to get bitcoin and the most terrible challenge is governments of all countries, bitcoin trust is in need.


Title: Re: what are the common challenges for bitcoin user?
Post by: fishball on May 13, 2018, 05:50:14 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Probably their first problem that they should settle first is their lack of knowledge about bitcoin. This is a terrifying enemy because it can mislead you to the whole point of bitcoin. So they need to learn more first.


Title: Re: what are the common challenges for bitcoin user?
Post by: Cryptoreflector_666 on May 13, 2018, 06:03:28 AM
The most common challenge I believe is which information to trust and how to make best use of it. There is so much information flowing around us that's it's actually chocking our ability to make a good decision. Then the challenge is to keep our wallets safe and many struggle at this. The final challenge is TRUSTING others blindly and loosing when that person defaults however together we can overcome these problems.
How is this possible in your opinion? I have long been faced with such a problem and it is not always the topic of bitcoins and investments. Issues of nutrition, physical development, immigration also always have two significant sides with their "iron facts" and it is very difficult to make a decision. Usually I'm guided by personal experience, but what if the question requires many years of personal involvement? I would be grateful if you share your thoughts.


Title: Re: what are the common challenges for bitcoin user?
Post by: mdrakibul on May 13, 2018, 06:05:45 AM
The common challenge for Bitcoin users is that a common man can achieve more success than the success of a two-year job, if he does a bit of work in the Bitcoin index org, I believe it is a Bitcoin user's typical challenge.


Title: Re: what are the common challenges for bitcoin user?
Post by: xamxam on May 13, 2018, 06:42:43 AM
As i observe in the bitcoin, the common challenge that i observe is the price of it, whereas bitcoin users are not aware or when the price is not stable. Bitcoin now is really hard to predict when the price increase so that they can sell their bitcoin.