Bitcoin Forum

the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.

On the top of my head, here's a few.

• Liquidity: As liquidity is low, big market orders are expected to significantly move the price of bitcoin or cryptocurrencies in general. This is something that will be "fixed" as more money goes into the bitcoin markets.
• UI/UX/user-friendliness: Bitcoin might be easy enough to use for most of us here, but it's definitely not for non-tech savvy people(e.g. our grandparents). Especially with the handling of private keys; I don't think we can expect true global adoption if people needs to backup their recovery seed on pieces of paper.
• Misinformation/Misunderstandings: There are so much misinformation spreading about bitcoin. Namely, "bitcoin is not scarce, people can create forks", "bitcoin is only used for drugs", and many more. There's so much misunderstandings of people in social media and on television; and what's worse, is that they're spreading their misinformation! Causing a sort of domino effect on people's impressions of bitcoin.

The top obstacle to Bitcoin being mainstream is mass adoption. Bitcoin now is mainly purchased off an exchange.
If there was an option to use bitcoin as a currency for paying salaries, and calculating how many bitcoins is worth an hour's job. This would increase circulation.
As long as BTC is pegged on Fiat currencies, it will keep being used as a speculative tool.

I think the very main obstacle Bitcoin is facing is the fact that the public isn't recognizing it.

There are also many more misinformation, and gaslighting being spread, like "Bitcoin bilaterally split into Bitcoin Core and Bitcoin Cash, and therefore Bitcoin Cash is Bitcoin because Satoshi's vision", which was started by Roger Ver.

There are also others who post the misinformation, followed by a long post of techno-babble which would make them look very smart for a newbie. I was once a victim of this, until I did the research. Haha.

Maybe the close-minded people that aren't giving Bitcoin a chance to prove itself. :(

you pointed out one of the problems that bitcoin has been facing, it shows itself as volatility but at its heart it is this. bitcoin is being adopted, and as that grows the price grows and with it comes big profits. as a result it attracts a certain type of people who want that profit and nothing else. this group increase the volatility of bitcoin which was supposed to be a currency and that damages the adoption and slows it down dramatically and also makes bitcoin harder to be used as a currency.

Bitcoin constraints are now a lot but I will mention only 2, namely the unstable market price and the many hackers in this world and that inhibits bitcoin and damages the bitcoin image I think that's the main problem I feel in this coin

I agree with there I also think about it so we must be responsive to the problem do not be careless in all the problems we can learn from there we must be adults also face problems

you dont want to know that, its in front of your eyes and you dont see its.

its just pumped up pow trash, world needs completely update of its financial system not marketed "crypto gems"

Worth noting is the lack of actual use-case for bitcoin since there aren't much places to spend your lovely bitcoins. Should there be a lot of places to spend, see how the amount of market growth follows and volatility reduced. We need to at least spread bitcoins to a lot of people too, so that the risk of manipulation is lessened and not easily be gamed by whales and opportunist traders.

Its kind of true bitcoin need to be more stable if it wants to be used in a large scale, but somehow I think with the mass adoption the price could be more stable, when we able to balance the supply and demand volume then the price will be more stable, but I think the largest obstacle is the permit, regulation from the government from all countries, if they can allowed the usage of bitcoin then I think bitcoin can grow really well

With or without an exchange, actually we can pay someone's salary using bitcoin, even though the rate changes, if the policy you take is an instant buy and use bitcoin only for media transfers, it's safe
Employees can get bitcoin, and sell it directly to FIAT, it is very unlikely, but surely there is a service that allows this to happen

The main problem that bitcoin is facing right now, is the huge manipulation that can be done by just a little group of people. I mean, someone with a few million dollars can easily move the market upsides or downsides.

It is easier to manipulate than the other markets (like the stock market, commodities, or any other thing)

The major obstacles bitcoin is facing now are low adoption, government trying to interfere, whales manipulation anr price instability

maybe it is just me but i think this is no longer the case with bitcoin. it used to be a lot more complicated to use it before but nowadays there are just too many wallet alternatives and many of them are pretty easy to use specially the web accounts such as coinbase are very newbie friendly and they can even buy bitcoin through them.

The only obstacle bitcoin has is HUMANS! If only we see the good in it and work towards utilizing the blockchain technology and stop the fud and pull it down struggle bitcoin will be superb.

In my opinion I think the major obstacle we face in the space is the number of scam people have introduced into the ecosystem. During the early days, things were moving on fine until scammers thought about the malicious use of the technology and that led to people losing trust and then subsequently the bear market also came to being.

there are two obstacles that comes to mind.
the volatility which has been a nuisense for a long time now and it is the most harmful one in my opinion specially when it is an unpredictable volatility looking more like manipulation.
the other is all the FUD about bitcoin in the media. the first obvious damage is misleading people but the secondary damage is when this misled people do irrational things such as investing in bitcoin when it is too late because they feel cheated and missed out the rise. they become the weak hands.

Bitcoin obstacles are more of human,the scam and the hackers especially, who has been trying to make life difficult for people who diligently worked for their reward.
Bitcoin would not be a problem of itself if people do not manipulate its specifics.
Another is about the government interference. Government trying to enforce tax on users.  

IMO, it can stable only if all country start to implement and legalize crypto so the value can't change drastically.
Of course it's require some time to happen because crypto still new and there are still many flaw that need to be resolve because this is internet currency where anything can be hack if they want to !

It has definitely improved A LOT compared to how it used to in the past. But I personally think(and I'm pretty sure other people agree too), that the current state of bitcoin wallet's isn't enough for true global adoption. People forget their passwords all the time, what more their private keys? Using exchanges like Coinbase as a wallet is definitely not a good solution.

Therefore since bitcoin is indeed a very unstable price and in my opinion it is impossible to keep it stable. Then we can't carry it on a large scale. But the funny thing is there are still industries that need this, in my opinion that's the reason why there are still many people interested in bitcoin at this time. This is no longer an obstacle, this is a lack of bitcoin

In this case you could find two kind of people. On one hand, you have people that think that it's too much of hassle to understand how bitcoin works, the volatility, fluctuation, and also how to handle a bitcoin wallet, private keys, fees, etc, to them it's probably not worth the time to get into all that since fiat currency is way easier to use. On the other hand, you have the people who simply don't trust a decentralized system like bitcoin since people are used to having a central authority in control of their money, like the banking system.

I think they'll change their minds once the adoption phase gets going, they'll be willing to try bitcoin if more merchants start accepting it as a form of payment, and as demand increases, the volatility will decrease, and as OP mentions, we could end up with a more stable price.

in my opinion the constraints of bitcoin are very much the main ones are rampant hackers and unstable prices. and there are obstacles from the government that are difficult to pass bitcoin as a currency.

for employee salaries every hour I think this is impossible, bitcoin is not fiat that has a real physical form, but if bitcoin can be used as a reasonable shopping tool and can increase the price of bitcoin, bitcoin cannot be pegged to fiat prices, because bitcoin does not price rules of all countries

You are fairly right I must say, however,  for it to have been named digital gold attracts people and that's the bane of it. That pure gold is used on a large scale isn't an obstacle for it even though it's virtually stable.

I believe that the main restriction on the use of bitcoin is the public. She is not ready to accept this new technology. Plus the state put a spoke in the wheel. For further introduction into public life, cryptocurrencies and their technology must go through many stages of development. No good technology is not implemented immediately. Look at the history of cars, phones, computers, etc. Will be 3-5 years and we will see the results of the implementation of cryptocurrency into public life. I think these results will be positive.

The amount of buy and sell orders from hundreds of Bitcoin exchanges will never be balance the price will always move one way or another. Regulating Bitcoin from all countries is impossible when there are countries that doesn't want to be involved with cryptocurrencies. The biggest obstacle here is the price rather than the regulation because once you're in you can't avoid the risk no matter what happens and that discourages others from trying out Bitcoin.

Since BTC is a decentralized currency, it is open to manipulations and there is no authority to punish them or prevent BTC from speculators. While the community wait for professional investors and institutions, fluctuations caused by manipulators mop up the trust to BTC and more gamblers break into the market.

not everyone understands it.  some think they do but really don't. 

There are many obstacles for Bitcoin, for example, it still does not have the legitimacy in all the countries of the world, I also think that its price is a destabilization and a barrier. I also think that Bitcoin will one day reach its desired destination,over all the obstacles.

Maybe the obstacle is a way to attract many people to know bitcoin, without any profit being made, I don't believe bitcoin will become popular as it is now. This popularity will make some people persuade each party that can manage and use bitcoin so as can be well received by everyone. This is a process and maybe every regulator will believe in bitcoin, and assume that bitcoin is worth using widely.

Well yes, an important obstacle of Bitcoin is its instability, but people still are joining this market.I think that BTC has different benefits that people prefer, like working from home and working for yourself , but this cryptoworld isn't just about this.You have to take some critical risks and that's because of the volatility and instability of BTC and other Altcoins, so yes we can somehow say these are  obstacles for BTC to grow up.

I believe that at the moment the market can not be stable. Due to the lack of regulation, there are a lot of speculators on the market who can pump and dump cryptocurrency.

The market is crazy and unpredictable, with high market volatility create unpresendented uneasyness to crypto investors. In some reacts with Panic dumping as the market goes up and down until this period. With the only few days left with 2018 the positive rebound on the market as everyone are expecting yet to be realized. And this are just some obstacle in crypto market. Good luck.

in my opinion the obstacle of bitcoin is only one, namely a legality, if the legality has been bitcoin get maybe the price will be more stable. because there will be no people selling bitcoin with panic.

Most of them in the world are not aware of what is bitcoin. it's usages. http://eminentengineers.com/chemical-plant-equipment-manufacturers (http://eminentengineers.com/chemical-plant-equipment-manufacturers)


 

There are always obstacles that against the Bitcoin and it will always be. So tomorrow when Bitcoin will 100k and if falls to 99k, you will think there is a problem again, which obstacle for BTC. Anyway decrease should have been and the current price is our joint decide so we can not blame anybody or anything.

My point of view for that topic which is the obstacle of bitcoin is that the main challenge of it is the mass adoptation. There are still a massive number of people who aren't recognizing the bitcoin which is a cryptocurrency. It is still not being adopted by many and just neglecting its existence. Although there are a lot of obstacle bitcoin may face, this one should be the heaviest among them.

How reactive the people are, they just thinking for a short period of time then coming up with a conclusion. Specially  to those who are new here and want an easy money. They simply invest and believe without knowing what it is hoping that the invested money will grew for just a short period of time. This kind of doings make the whole cryptocommunity bad in front of  government which leads to ban and a hindrance to a mass adoption.

That's right, bitcoin is not the only cryptocurrency, bitcoin is not the only commodity, bitcoin is not the only currency, there are many competitors outside. of course from that we know that obstacles will always be there, they will say prices fall and will die, they will  say bitcoin is illegal and so on. we have to understand this as normal thing..

For me the great obstacles of bitcoin are the following
Scammers
Fake news
Unstable system
And decentralized

Don't get me wrong about decentralized because sometimes I think of what bitcoin strength is also its weakness in some parts.

I think Bitcoin is the biggest obstacle to novices. It is hindering the further popularity of Bitcoin. Many newcomers feel very tricky when they first start to contact Bitcoin. They don't even know how to receive and send Bitcoin. And now many exchanges do not have the cash to buy Bitcoin directly, which will make it difficult for novices to buy bitcoin.

There is no problem about publicity of bitcoin simply because many people already know what bitcoin is. I think the real obstacle of bitcoin is the unstable price on market and the government who still against cryptocurrencies.

I think the obstacle of bitcoin is very much the main thing is that market prices that rise and fall rapidly are very disappointing obstacles. and as for hackers who are getting smarter in a way that can break into our account to get profits easily

Bitcoin barriers are greedy human nature, and from greed that makes mass adoption and when there is growth they will sell in large scale to earn profits, and that makes the price of bitcoin very volatile.

How does volatility becomes an obstacle, when its the main reason why majority of investors engaged in crypto space? And hackers cant easily access our wallets unless if you leaked your essenstial infos over the internet or if you create a wallet in an untrusted exchange, or downloaded something that could expose your private keys.

In my opinion the obstacle of bitcoin is only one and the biggest, is legality, if bitcoin has got legality in all countries the price will be more stable, and the users will also be more comfortable and will not be affected by panic sell.

Crypto is a transaction bridge for every company that uses blockchain technology, certainly different from legitimate money in a country, and I think, this factor makes the price of Bitcoin and Altc always changing

I think it's the approval of the public. Most people aren't open to it. :(

I think it is the people who are not open to new possibilities like Bitcoin or the people who are afraid of trying out new things like Bitcoin.

Yeah I agree. People knows more about Bitcoin as an investment not as a new form of currency. People join the industry these days beacuse of profits they don't even tried to understand the true purpose of Bitcoin's existense as written on the whitepaper by the legendary founder Satoshi Nakamoto. Prices will be affected due to big players that manipulate the market against weaker hands with a mindset of only investments purposes.

Misinformation/Misunderstandings are one of the obstacles of the bitcoin. Like in my country, if they hear bitcoin; they are always thinking that it is using in a bad way like crime and other illegal activities. The misinformation is keep spreading and it is the reason why the image of the bitcoin is becoming more worse.

It is true. Actually in my community I changed the perspective of the people who saying that bitcoin is scam and a ponzi scheme. I told them all of the knowledge that I learned about bitcoin and I found out that the misinformation about bitcoin is now bad because it keep spreading in our society.  

The instability of the price of Bitcoin is the main obstacle to its use in everyday life and widespread use throughout the world. Nevertheless, many people use it for trading and some popular companies are starting to accept them as payment for goods and services.

For me the popularity of the bitcoin is the main obstacle. The bitcoin is still not popular all over the world. In my community, there are only some people who are aware to what it is. The bitcoin will have more support from its community if its popularity is now high.

Stable value isn't a must, if it has a variance but a big value at the same time it can work fine i mean if it's up and down between 100,000 and 200,000 dollars, then people can speculate and make a profit with trading, and other people can use it as a spendable coin.

I think the real obstacles are only two, first of them are gobs who want to add taxes to anything, and second is the banks who don't want to lose their power over money.

I believe using a web wallet is a bad practice for security. but it is really practical for some regular user to use cryptocurrency. Nevertheless, those UX design is yet still cannot reach for mass adoption. The whole UX design needs to be improved to make bitcoin ecosystem easier to use for the non-techy user.

The volatility of the bitcoin is one of the obstacle that bitcoin facing. People can use properly their bitcoin in their transaction because the price of the bitcoin is always changing due to its characteristics which is unstable price.

the problem with bitcoin is very much but what really needs to be addressed is that security and market prices have dropped dramatically, we have to overcome if bitcoin is destroyed

Very many obstacles that occur in bitcoin (BTC) starting from market price fluctuations that are very fast and are considered dangerous for investment in bitcoin. so some countries forbid it.

I think that the issue of stability will be resolved soon. Indeed, for the mass acceptance of bitcoin, it lacks stability in price. But it is too early to talk about its large-scale use. We're only going to that, we're just spreading the word about bitcoin. Because first you have to teach people how to use it.

One of the problem of the bitcoin is the high fees in every transaction, there are many people who are not satisfy on using bitcoin due to its high transaction fee. If the transaction can be more lowered, then many more people will attract to use bitcoin.

to be able to find out the exact cause of the decline in bitcoin prices, of course no one will know for sure, and someone's panic caused by various negative news that leads to bitcoin in my opinion also affects the decline, especially for people who are new to bitcoin, and when they suddenly see a sudden drop in the price of bitcoin, and without them thinking long, they immediately sell the bitcoin they have without thinking about the losses they suffer, because what they are worried about is the greater the loss they will suffer.

yes, maybe if the transaction costs are reasonable because there is a reason that the transaction is expensive. Expensive transactions can be caused by the fact that Bitcoin is not yet legal / illegal or indeed has been stipulated and rules. I never complained about it and I considered it normal.

Stability of the value of BTC is really important but to happen
The idea must be spread among the masses and increased liquidity in the market
Which will lead to the maturity of the market and access to fair and steady prices.

I think that now all to this and goes. Bitcoin is gaining popularity, its community is growing, in some places are already beginning to accept payment in bitcoins. Soon it will be accepted everywhere. But for this bitcoin has to solve some problems and people need to learn how to use it.

The obstacles of bitcoin which i saw this year 2018 is the influence of political views of different countries, 
the laws the passed and implemented, the demands of the public and the technology as well which not all countries afford that privilege.

Volatility may be a problem after being accepted, but now it is the reason why so many people believe in Bitcoin. So, if there is no volatility, it is not possible to expect bigger price move.

In my opinion, the obstacle of bitcoin is that there are some governments that disagree and cannot accept bitcoin for fear that the country's economy will have problems. Bitcoin prices are also up and down which makes users feel worried.

The obstacle of bitcoin is the one who prevent bitcoin and cryptocurrency to be used as a currency in real world.
They are scammers, fraudsters, or maybe some governments that prohibiting their peoples to using crypto.
Volatility of bitcoin and cryptocurrency is one of obstacles, but not the main obstacle.

I gree

I think they arent obstacle because its normal even on other things , there will always be haters and criminals or thefts  . volatility for bitcoin isnt also an obstacle but its a feature that gives us advantage to earn huge profits .

The word obstacle isnt real  on my opinion but if other people thinks that obstacles are real   , they should not worry at all because obstacles can make them stronger . in order to achieve the success in life , one must face alot of obstacles and he/she must not give up if he/she really want to pursue his dreams

You cannot change the government's view about bitcoin because they are referring on their existing law.
But, we should not allow it to be an obstacle because with the increasing adoption and the support of the believers, the power of the government will decrease, they will eventually make a law which are pro crypto.

I think its hard to make bitcoin price stable because its depend on market. With limited and fixed total supply, people must be want having a coin and its make the price always fluctuating. I think bitcoin obstacle right now is on government regulation, many government in the world still not accepting bitcoin and prohibit it

This is why bitcoin is used together with altcoins. Tether was the first one to show the value of stable coins but now there are many jumping on the bandwagon e.g. USDT and the gemini variant. These will help bitcoin to prosper if you trade it properly

I think one obstacle of Bitcoin is its complexity. If you will try to understand everything about Bitcoin, you will see that it is very complex that it is hard for an average person to understand it, how it works etc. Because of this, people don't want to put their money into something they can't understand or know. Because of this, people tend to misunderstood Bitcoin.

Being complex of Bitcoin probably affects the adoption of it. How can people use a currency that they can't understand how it works. I think this is one of the obstacle of Bitcoin.

the obstacle of bitcoin is when the price of it is going down that is the big obstacle of it no more.

The constant problem of bitcoin small/independent investors is the volatile system. As far as I know it is always possible to earn big and at the same time to lose. It is necessary to play the game with proper strategy and enough patient to handle trading or investment. Sometimes the obstacles are also the opportunity to gain something from within.

Well the point is indeed one of the things that's easily influenced by various things including anything that's done by many people to bitcoin, especially in terms of investing and not to be used in everyday life in general because it's not really legal as a whole.

In my opinion the obstacle of bitcoin is the government that has not been able to accept bitcoin and the price of bitcoin which often goes up and down, so that bitcoin users become worried about the future of the bitcoin.

I think the energy consumption to mine Bitcoin is the biggest obstacle in this 21st Century. We are running into a world the excess energy consumption materials will be hated. So the very long term success of Bitcoin , this should be solved.

Nothing was wrong in all of our opinion. If we want to support bitcoin we need to used bitcoin in daily life as a real fiat money. That way bitcoin can be more stable being used in daily life. The biggest obstacle for me is ourselve. How we want to support bitcoin so it can be more grow up.

There are plenty of obstacles. Development of technology is still not mature enough. So-called decentralization is way off, especially in actual world. Government's prohibition. People have no enough confidence in it. So many.

High Volatility in bitcoin can be considered as an obstacle for its growth in the financial sector because major companies hesitate to combine there businesses and allow customers to use it as a major means of payment specially during online transactions but we should understand bitcoins volatility is a significant reason why majority of investors and traders have chosen to invest in it because the profit margin is much higher than any other investment asset so there are both pros and cons that we should consider when discussing its value stability

How can the long term of mining of Bitcoin be better? Do you even know that the longer the Bitcoin is being mined the more harder it gets? And while the mining gets harder, the more energy is needed and that will be bad for that. If solar panels are just the one being used by miners, there will be no problem. For me the obstacle of Bitcoin this year is the fees and the few acceptance at platforms.

One obstacle are the newbies that thinks that bitcoin is a real quick rich scheme investment. We can't prevent these people to keep on thinking that bitcoin is working that way.

And on top of that, those promoters that are into scams that leads newbies to the wrong way.

Bitcoin is maturing, and pieces are slowly falling into place. It is volatile because its free and decentralized, so the market acts on it, but the price has a historical trend and slowly or quickly returns back to it. Every day mining becomes less attractive, but at the same time more (minted) coins are in hands of people. This makes manipulation more and more expensive. Mining will become completely unprofitable someday, and then only enthusiasts and people doing business with Bitcoin will keep the network alive. As this moment comes the volatility will naturally slow down. I think Canaan creative (https://canaan.io/) got the right idea but started too soon: Home appliances (https://www.scmp.com/tech/article/2157818/canaan-launches-worlds-first-bitcoin-mining-tv-set) with some hashrate would keep the network alive at that point because it benefits everyone (holders and users).

At that point people more and more will be using it as a currency rather than an asset. The world will have a solid coin to back itself on, and the time for the chicago school of economy will have to cede their way to the austrian ideas of (slow) growth by true savings rather than (quick) growth by debt that ends blowing up later in eternal bubble/crash cycles.

Dependence on technology and many people are technological newbies. Especially older people don't use online banking with many not having Internet access. It looks like an obstacle now but really isn't. When the new smartphone generation matures it will find using cryptocurrencies as natural as registering for an email account.

bitcoin is maturing and obstacles are also reducing as you know every negative news come and after somedays they are vanished.i think bitcoins main obstacles are govt and use of this technology.you have to use bitcoin.

Presently I think the obstacle of bitcoin is still lack of getting more mainstream ,people needs to embrace it ,with support it will make price stable atleast ,that's what bitcoin needs

A lot of people in the public are not even giving Bitcoin some chance to be known and what are the advantages of having Bitcoin. :(

Stability of Bitcoin's value has been an issue for a long time. Well, if its goal is to become the world's main currency. People are calling its ultimate achievement the replacement of the US Dollar as the topmost currency of the globe. However, as for me, it will just be an offshoot. If Bitcoin's price will reach a stable point then it might grow to be a strong contender of the USD. And coupled with a wide circulation and actual utility, it will organically grow as the primary currency. But until then, it will mostly serve as a form of investment, which is not really its true purpose.

 Starting with Bitcoin’s release in 2009, cryptocurrency has gone from humble beginnings as a niche technology to the successful currency that it’s become today.
As a whole, developers, entrepreneurs, and big businesses have all been hesitant to use cryptocurrency in their day-to-day operations because of four main reasons:

Volatility
Security issues
Legal uncertainty
Practical usage

We  all know  stability of Bitcoin's value has been an issue for a long time , the major obstacles of bitcoin  is the those who  call them self crypto gurus and experts they are manipulating the market from behind .  they are behind everything happen right now , institutions and business investors consult them when they want to  buy bitcoin , so  they risk few bitcoin at cheap price on big exchange like binance as soon  as the the price drop then they go small exchange to buy from the weak holder.

Close-minded people who always judge Bitcoin as useless and hard to understand.

Bitcoin barriers are greedy human nature, and from greed that makes mass adoption and when there is growth they will sell in large scale to earn profits, and that makes the price of bitcoin very volatile.

The price can become more stable but it will never be like fiat, you need to understand that the fact the supply of bitcoin is so small means that when the demand goes up there is simply not enough bitcoin for everyone and this makes the price to skyrocket but as soon as the demand is gone the price will crash and as we know the markets have a tendency to keep going in the same direction, so the crash is even harder than it should be, all of that will make very difficult for the price to become stable and it will be an obstacle to adoption for some time.

They are not aware of the actual worth and value of bitcoin that why they are not giving it a chance. Since long bitcoin is working in the market and it has the amazing value as a currency as well as an asset. I think people should give bitcoin another chance so that it will surely give them future benefits.

It is not an obstacle to bitcoin but I think the biggest obstacle for bitcoin is/are the politics that's happening inside and outside of it. If everyone is just united, we're definitely experiencing a greener pasture. Another thing are these news agencies that are spreading fake news and fuds. These things are really obstacles IMO. It stops the market and pressures everyone to sell,mostly the newbies that enforces the market to plunge.

maybe they are just less open minded, especially if there is a lot of bad news about Bitcioin so that would make a lot of people think if Bitcoin is dangerous. but if they think openly they will try it and prove it for themselves whether it is true. I think they just don't want to try and feel comfortable in their zone so they don't give Bitcoin a chance.
but I'm sure if they give Bitcoin a chance, that will change their outlook.

Personally , I do not agree with your assertion that the price instability of bitcoin poses an obstacle to it's large scale adoption.
As a matter of fact, what makes bitcoin what it is is it's high volatility.
Removehigh volatility and you will have defeated the purpose of it's creation.
I think the barriers to the wide adoption of bitcoin is it's  interoperability, security issues etc

Perhaps if you think there will only be 21 million Bitcoin by 2140 (17.5 million right now) But, instead i think there will be 2,100,000,000,000,000 Satoshis. And if the price goes up a lot in the future, there is a big chance they will enable 16 decimals...

So there might not be enough bitcoins for everyone, but there sure are enough satoshis for everyone!

We are used by fiat to think merely of two decimals, but don't neglect those 8 numbers to the right of the dot :)
Right now 26k satoshis are 1 dollar. Compare to the world's worst coin, the Venezuelan bolivar, where 25 satoshis are 1 bolivar.

This fiat just "lost" (by presidential decree) 5 zeroes in September, so 1 VES would have been 100,000 VEF, which in turn in 2008 would have been 100,000,000 VEB; and after a million percent per year inflation, the gov printing (digitally because paper is too expensive) like there is no tomorrow; things are going to get much worse faster every day.

1000 satoshis can buy bread, literally. And there is 1,746,142,500,000,000 satoshis out there... If bitcoin prices doubles, then just 500 sats will buy the same bread... Don't neglect your satoshis.

The volatility makes the bitcoin more renowned but it also becomes an obstacle to use as a payment system.The volatility can be decreased when we stop trading and also avoiding whales interruption by holding your bitcoin when the prices fall will keep the bitcoin really decentralized and it will help the real adoption too.

I think to me some of the obstacles of bitcoin are those of price manipulation by some of our exchanges and most time volume. Another one, is that of the hacking of some wallets and exchanges wallets

The obstacles is not everyone knows about bitcoin. You should spend a lot of time and be intelligent in reading and exert an effort and understanding so that you can understand well everything on it.

well, even though the development of bitcoin is rated so fast, but you're right, there are several obstacles for bitcoin, and one of them is price manipulation. however, these constraints make bitcoin better, because every obstacle that is found, will be corrected soon, even though it makes the price decrease slightly.

One of the obstacles could be the high transaction fees. Not now, but when BTC was very expensive  (above 15K USD) and everyone wanted to buy and sell it at the same time we frequently faced with 10-20 USD fee / transaction which is incredibly high.

Until now, bitcoin still has too complex constraints, which include:

• Bitcoin can't be used to buy anything because of a ban made by the government, and it's still valid today especially in most countries.
• Media coverage especially those related to bitcoin ETFs turns out has had a negative influence on the development of bitcoin because this thing has made most users rely only on the positive decisions of the SEC, and without doing anything (buying). I think what they are doing is very funny because their actions cannot bring changes to the price of bitcoin towards a more positive one, other than by buying.
• Bitcoin Network Traffic. So far especially when bitcoin network traffic has reached its peak, bitcoin transactions have felt very long and often take up to hours, in this case it's clear that segregated-Witness (SegWit) is not yet capable of solve problems like this. However, Lightning Network (LN) is rumored to be coming soon, I personally certainly really hope that LN in the future, can be used as a solution and able to solve the problems that have occurred so far. Ok hopefully it's true.

Bitcoin market price volatility is not an obstacle of its client to buy bitcoin. There is no reason for an individual to afraid on buying it if the client or users understand how it works. Risk is part of it and you cannot earn profit without risking. However, here in cryprocurrency strategy is very important and a good prediction skills might also be one good factor to earn bitcoins in trading taking advantage of its market price volatility.

Bitcoin constraints are enormous but I will mention few, one of the major one is Hacker louring into people's account, another is the Manipulation of the market which affects the market at large and the is FUD which also create large impact on it volatile movements

Time. Innovations always takes time for it to be adopted. We're at the early adopter stage at the moment, look at the Law of Diffusion of Innovations (https://en.wikipedia.org/wiki/Diffusion_of_innovations (https://en.wikipedia.org/wiki/Diffusion_of_innovations)) for further details :)

indeed this is an obstacle in bitcoin. because now investors get cheap results, while they sometimes issue a big result. so sometimes they feel sad about all this. but it can't be helped, this is a condition.

One of the obstacle of bitcoin are the people who are against on it and think it was a scam. This obstacle cause people for not adopting bitcoin despite of the good opportunity that bitcoin can give. When people really understand bitcoin the volume of bitcoin users will increase and maybe it can be the way for them to earn a good profit.

Yes you are totally right about that. The obstacle of bitcoin is not the volatility of it, its normal because its the nature of cryptocurrency. Indeed the obstacle of Bitcoin is the banning and rejecting of it without any reason if its have then its unfair but we can not do anything but to accept and respect it. We must continue to promote Cryptocurrency and lets proved the good usage of it.

they may have thier own valid reasons if they ban or reject bitcoin and yes we cant do anything about it because thats their own country and government . instead of stressing our self too much with them why cant we just foccus on our own business ?  we are the ones that can become succesful because we believe on bitcoin and they were the ones that will regret at the end  .    


i thought that lightning network has already been implemented last year  ?  but if its not then i think the transactions of bitcoin is already fast compared to previous years and the speed will  also improved if you put a higher fees during the transaction  .

The main obstacle now is the relative stability of the political and economic system, most people being satisfied with the means of payment at their disposal (fast and simple).

But the situation will change when the population loses confidence in the financial system and the currency, which is sure to happen.

What will happen when Italian banks run out of cash? what will become of the euro if Italy is defaulting on its debt? Salvini having already warned that he would not accept a troika as with Greece.

In case of no-deal, will the Brexit drive the UK into a recession? what impact would this have on the rest of the already fragile euro area?

And, finally, perhaps most importantly, what does the reversal of the yield curve mean?

This problem exists because they don't have an idea about what bitcoin is, because what they hear about bitcoin is the negative thing that is spread by mainstream media. I think the real key is legalization and regulation, I'm sure it will eliminate the negative stigma on bitcoin..

The price of Bitcoin really depends on the demand of Bitcoin users. when more people join to use bitcoin then that will make the Bitcoin confidence level increase, so prices increase. But the problem is when more people use Bitcoin but they can't use Bitcoin as well as possible so that is a problem. Bitcoin must be able to be used on target and that is the main goal of using Bitcoin in the financial system at this time.

These days a lot of people will just keep on judging you and unless you have a proof.

If a lot of people are using Bitcoin, I guess this will not be a problem. We are using Bitcoin for a long time now and I don't see any problem or "scam" into it. The only scam I've experienced is investing on ICO or projects that I've not studied carefully or thoroughly. If they will just read or track the history of Bitcoin, I think they will understand that scammers just use the anonymity of it and Bitcoin is not a scam itself.

Obstacle of bitcoin is some are against to invest in bitcoin they said that bitcoin has a scam they keep judging. Some people are ignorant they did'nt know about bitcoin they simply judge at the first place. In that situation the people who want to join in bitcoin are few because of that issue.

I think Bitcoin's biggest obstacle is people's trust. When people have doubts about the value of Bitcoin, it's hard to grow stronger in the future. And more importantly, if the government accepts bitcoin, it is a great success.

Ignorance, fear from new untested technologies. Let's be real here, people don't know nothing about economy generally, they don't know who is printing money, nothing about distribution, nothing about current system, how can we expect people to understand completely different decentralised system. People still live in the shadows of their countries and governments, they do what is told to them, they don't question anything. With internet people are more connected, borders are fading away, people are more smarter and open minded, new generations will live in a different world for sure. In some way obstacles are good, overcoming them is making everything better than it was.

in every investment or business there must be constraints and difficulties, like at this time the price is so low that we have to be more enthusiastic in such conditions ..

Bitcoin obstacles are much but a few of them I can point out is; it is not generally acceptable by all nations  because many nations still don't trust it and see it as not legal, the banks are against bitcoin, they are yet to accept bitcoin and some banks even warn people against it calling it scam and many other reasons.

I think that BTC have a lot of obstacles besides the ones you mentioned.The main reason why Bitcoin is not accepted in some large transactions is because the government and the banks don't let it.If Bitcoin  would have been accepted on a larger scale then believe me that the market and the crypto world in general would  evolve a lot.

Bitcoin is a free crypto currency, everyone can get it from any country. So that there are a lot of bitcoin users who have different opinions so that buying and selling becomes unbalanced, and if we see now there are a lot of people who spread FUD

        One of the obstacles Bitcoin faces is its increased volatility, but that's also the pleasure of investing. I think that if it solves a little with the volatility of the coin, many companies would choose to pay the salaries of the employees in Bitcoin. But Bitcoin also has advantages, the most important being the low cost of trading and the fact that he is the king of cryptocurrency.

there are many obstacle for bitcoin, the effeiecent of bitcoin, the user furendly application, the security and the legalize of bitcoin, we should solve that problem one by one, so if you ask about the success of bitcoin in the future? it will be no ETA times

The market is moving in cycles. We have seen Bitcoin being corrected so many times and every time it got back up stronger than ever to a new ATH. The blockchain and technologies associated with cryptocurrencies are used more and more by businesses and individuals. There is no doubt that cryptos are gaining momentum, but still the market stay pretty quiet and low. Personally I see this as a fundamental bullish divergence.

According to my observation, the main obstacle of bitcoin that I found out is the misinformation. I observed that people in my community are laughing if they heard about bitcoin because they think it is a scam. If the bitcoin can overcome this obstacle, I am sure that many mlre people will become interested to buy it and use it.

One obstacle is that it requires internet, Hopefully BIP-174 (https://github.com/bitcoin/bips/blob/master/bip-0174.mediawiki) will solve this. Next would be the smartphone/pc requirement, but as they get cheaper and cheaper, that might solve itself in time.

Perhaps someone will design some sort of dedicated "smart" wallet based on a raspi or something similar very cheap for poor countries. You don't need anything to receive bitcoins, but you need "something" (that can browse the blockchain) to confirm you got them, and to send them.

The crypto currency market is still developing. There are still no regulators to reduce market manipulation.
But let's not forget that Bitcoin was not created at all in order to be stable. Bitcoin was supposed to be an alternative to our current financial system. And this doesn't mean that its price should be stable.

I think your suggestion on what is an obstacle to bitcoin is very false.
 In fact it's quite a positive attribute that bitcoin is have good interest from investors this would help in the growth and spread of bitcoin

It is an obstacle if you let it become one, there are many people that have been here for a long time and they do not really care at all about the fiat price of bitcoin, and people will have learn to think in that way as well, you need to stop caring so much about the price of bitcoin in fiat and just concentrate on using your bitcoin whenever is convenient for you just like you would use your fiat.

But I don't think that's the main obstacle. In addition, bitcoin will not be volatile all the time. This is only a kind of side effect of its development.

This is not the main reason why bitcoin is not accepted by society. The main problem in the government's attitude to cryptocurrency. It really creates a big obstacle for its full development.

This is just one of the factors why bitcoin is not yet implemented as a full-fledged currency on a global scale. Of great importance is the level of people's trust in the cryptocurrency, and skepticism on the part of the government to it and the imperfection of the technology itself today. But bitcoin is developing, which means it can be implemented as intended.

One obstacles of bitcoin is not accepted in some country it can't be legality they can't recognize and the value is unstable that's why many investor's think twice before they join. If cryptocurrency give them chance to prove themselves I think the value of it, it become more progressive and many investor's will comfortable to join and less panic to sell there coins.

I can't argue with that because government are very slow on adopting modern technologies like Bitcoin and sometimes the news came from the government make other potential investor or users to doubt in cryptocurrency so I think that government is one of the big obstacle.

I think it's miss-information !! people only hear what's been going on with bitcoin. they for their own opinions based on tabloid information, so soon enough bitcoin gets a bad rep. With the right information and explanation of the the current situation - the problem would be some what solved.

I agree that the scalability of Cryptocurrency is an obstacle to the wide. Adoption rate of bitcoin but that's not the major obstacle as the volatility is one core feature of Cryptocurrency so I do not think that it would ever change so to say.
The price of bitcoin can never be stable like that of fiat as it would defeat the purpose of it's creation .

It's biggest obstacle imo is the government. People will probably believe what the government say so if it deemed crypto to be a bad thing, people will assume it as such without actually verifying the information.

The main bitcoin obstacle is the wrong understanding of bitcoin, where bitcoin is considered money laundering or terrorist funding. Besides that the price is also not stable.
It is necessary to educate the public that bitcoin is digital money that is very supportive of the future, because the progress of the age of all uses digital technology.
Besides that there are still countries that don't accept bitcoin for payment. All takes time, because bitcoin will sooner or later be used throughout the world.

This is an very easy question to answer, price prediction
When to buy, sell and just hold
Any other obstacles, leave it up to the devs

You cannot predict the price of Bitcoin. Here many factors play their part.
If we try to think about why bitcoin is not rising now - probably because it takes some time for the price to stabilize at this point and only then go up (or down).

The only real obstacle for btc is market cycles. The history almost repeats. A little longer time needed to enter the next bull run.

I would say that the biggest obstacle in front of Bitcoin is all about the responsibility that comes with the benefits of using cryptocurrency. As we all know that, Bitcoin and every blockchain based cryptocurrency is based on the principle of decentralization that gives tremendous power to the user but at the same time it also delegates the responsibility to use it wisely and maintain adequate security measures in order to protect the values associated with it. Not everyone is capable to handle that responsibility and we have the scammers and hackers to take mis-advantage of that weakness. However, I am optimistic about the growth of cryptocurrencies among the new generation in the coming decades along with the growth in awareness.

actually if a lot of people who are infesting in bitcoin can be a good news.
because more and more business people use bitcoin, it can be ascertained that the value of bitcoin will move up, so businesses should be willing to use the various facilities offered by bitcoin, because things like this can make progress in the field of payment in all countries .

if in my opinion, the obstacle of bitcoin is the frequent ups and downs of market prices that are relatively fast and cannot be known. and many ganv campaigns that don't get maximum results. in addition there are also the most pathetic, namely the arrival of hackers.

This problem will be overcome by time. technological developments will make the world community more sophisticated. technological innovations such as blockchain or cryptocurrency will not be able to be detained. the government will adjust this. they will not be able to stop cryptocurrency.

Try to buy bread at a supermarket for your BTC.
You can not.
Here is the main problem of the popularity of BTC. Whoever says this is all a complicated and outdated way to transfer money. Private keys, exchanges, etc.
Usual people don't need and don't want it. BTC should be as easy to use as fiat money. Only then can we talk about the global use of BTC.

The main obstacle in Bitcoin is the security in the cyber world. Hacking and scamming are penetrated in the crypto space and the security of one's funds lies in his own hands. A lot of people have lost funds and the mainstream society are indeed skeptical about cryptocurrency because of its high volatility.

the amount of obstacles on Bitcoin should only be prepared for it bacause similar to the price fluctuations not permament in the market and for the security of your acount should be safe always  because Bitcoin always threaten by the scamers.

The main issue which bitcoin is facing is that bitcoin is still mostly used for trader rather than transaction .

Bitcoin was created to buy sell and send money abroad without any interference of any third party .

For bitcoin to become stable you we have to increase the use of bitcoin for transaction rather than treating is like just an investment .

As they said that information is power, i think one of the major problem as obstacle of bitcoin is wrong information. There has been wrong information about bitcoin since it onset and mostly after the bull run in 2017 which left many investors with looses even uptil now, those investors have wrong information concerning bitcoin when it come to price stability. Let us be positive and this will be solve.

There were so many obstacles in bitcoin and to mention the biggest obstacle where investors probably does not like are those Scammers and fraudsters that bring bitcoin image down. Another thing is the anonymity which boost scammers and hackers in their activity for they are anonymous.

I think the most and the biggest obstacle  bitcoin is facing is the fact that people do not understand the way its functions and the advantages its possess bitcoin has been perceived from the negative side of it, if its can be handled then every other thing would be some kind of a minor challenge

I think that a big obstacle in the large-scale use of bitcoin is its strong volatility. And another reason is that people still know little about the benefits of bitcoin over the official banking system.

I agree to this. If bitcoin is used as an investment, there will mainly be buyers and people will not want to sell their bitcoins easily. With such a situation, the price condition will become very uneven affecting crypto community.

Liquidity is a big one , I full agree, there are also articles that take about similar problems you have mentioned.
Overall you answered perfectly

I don't see any obstacles that are seen in Bitcoin, the current bad prices are mostly caused by ognum who is looking for personal gain.

the obstacle of bitcoin at the moment is the problem of how to stop hackers and the falling market prices, how to restore bitcoin like it used to

I agree. I would like to add two more point.

• We live in communities and we are responsible members of our society we are not machines or robots. Non-technical people need some one to trust upon for what they might have no knowledge of. Money is basic requirement so they trust banks to work properly, like you and me depend on farmer to grow good quality crops. Bitcoin is like freedom but freedom as in "You are free to build your own road to your university." or "You are free to take up law against person tried to kill you.". People are good in doing what they do best. If you ask a APP developer to build road or a bridge over sea he will fail.
• Their are no local exchanges, People have to depend upon offshore exchanges with zero liability. They have to send their personnel and financial information to this offshore exchanges. P2P exchanges are the boon but only for technical person. And majority of people font care about privacy and freedom as long as they are not doing anything illegal.

People should take up initiative to start Local Independent Micro Exchange. LIME is an exchange just for local people in your community. This will save people from sending their personal information to some offshore exchange. Through LIME non-technical people can trust you and get introduce to bitcoin. Let the local ecosystem grow and everyone will follow.

I did it so can you.https://bitcointalk.org/index.php?topic=5098721 (https://bitcointalk.org/index.php?topic=5098721)

Main obstacle what I see is its decentralized nature which cannot change and no point of arguing because its bitcoins build quality but it has become the main reason why most governments and other organizations specially in the businesses field don't  trust to invest or to allow to continue expanding because no one is confidence enough to trust a digital currency specially a valuable one like bitcoin because there is no responsible party behind it and that is why I think it is a major obstacle for bitcoin even it is build nature

That would be the system of bitcoin use. Its price now is dropping which is nature to its vulatibiblity which depend on how the trading goes.

i agree with you. the price need to a stable value for a currency that is used on a large scale.

The major obstacle of bitcoin is it's price volatility ...which has made it extremely discouraging as an investment by potential investors and this has hampered it's growth in terms of general acceptability in recent times.
The volatility has made it not to be suitable as a payment medium for the  exchange of goods and services as well.

for me, are the following:

-scaling: right now it cannot replace our old transactions technologies, like Visa and Mastercard, it’s used mostly as digital gold alternative and not for day to day transaction

-adoption: connected to the first problem, not many people understand the incredible leap forward in terms of transparency compared to traditional solutions and so adoption is still very behind

The biggest problem with cryptocurrencies as payment systems is and will be volatility. To be secure and widely acceptable as payment method it needs to create security for the businesses first
Bitcoin will always recover. Even if drops with 50% .Traders are still using it to get rich and theyll take advantage and buy . Volatility doesn't mean that bitcoin can go down to $50 :)) Bitcoin will never go lower than $2000 ( which might be its real price) as long as it is an alternate payment method in real life first, then on internet.

That is an obstacle but it was inevitable when a new market appears there is no way to make the market stable at all and those that decide to invest in it like us need to deal with it, many have decided they are willing to take the volatility since they understand very clearly he profits they an make out of this market are incredible compared to other markets.

Of course, the desire to make money on Bitcoin has a strong influence on its price. And the lack of appropriate regulatory laws allows major players to manipulate price with impunity.
But with all this, it's hard for me to blame people for this. Money is the source of modern life. Each of us has to pay for almost everything, and it makes people look for ways to make money.
So it is time to introduce regulatory laws into the world of crypto currencies, only in this way can prices be made more stable, which will help the mass adoption of crypto currencies.

Information can make many investors frightened if the information is bad and negative. the result is that many invetsors will panic?
but of course information depends on the object right? if the object is like a ban it will certainly give a obstacle to bitcoin

what do you think was bitcoin before ?  High price and cant be hacked ?  No .  bitcoin before was the same as bitcoin today   . the price maybe lower than the past years but that is normal because bitcoin is unstable and even before bitcoin first came out , the value started too low  .

Bitcoin cant also be hack .  what can be hack is the wallets/accounts/exchanges because they store the cash of users   but thats normal  because even on other sites there are also hacking incidents  .  

Price volatility is also normal  because this is the true nature of cryptos including bitcoin . thats why we cannot call them obstacle .

I think the main obstacle of bitcoin is acceptance in the government, that they allow bitcoin to operate in all countries, specially in developing ones.

Bitcoin cannot move from this mark for many reasons. I think a large role in this is played by various state regulatory institutions. In addition, not enough demand. If the demand for some reason increases dramatically, then the price will increase too. This, in my opinion, is the main reasons for ending bitcoin growth at the moment.

I think the obstacle of bitcoin is all the forks going on such as BitcoinSV and BCH.  This is confusing new investors that go to Bitcoin.com to buy bitcoin when in reality its BCH they are purchasing. Also the ICO phase that happened during 2017-2018 (and still ongoing) really damaged the cryptocurrency image. Many turned out scams and lots big money. On top of this Social influencers in Youtube, Twitter, Reddit and other social medias need to give positive news. Right now the majority are all negative and this does have an impact.

Users that are doing fraud may be consider as obstacle in bitcoin. Because of the likes of this people investors may not going to feel comfort in doing transactions with the mindset that the possible scam or any fraud activities will going to happen. This is why a law is need for this people so that this kind of activities will be minimized.

Bitcoin is innovative and a revolutionary way of payment especially across borders. However, there are still many people around the globe with limited or no internet accessibility which makes it very difficult for them to patronize Bitcoin. Other shortcomings like the high transaction fees and slow transaction speed are being worked on with the initiation of the Lighting Network.

the very obstacle of the bitcoin is the fact that most in the government and banks hate bitcoin for a reason that bitcoin avoids graft and corruption among people in a certain area. Theyre trying to get rid of the bitcoin so that they will still continue to control the flow of the people and its need.

the only obstacle is - stupid and greedy people, sorry to say. these people are pushing BTC to become an investment which BTC is not, and BTC is actually a currency.

I think it would be very true if we say bitcoin's main obstacle is nonrecognition of some part of the public because as we know even bitcoin got so many threats from many significant sources still it has survive remarkably and that is due to the continuation of endless potential investors and holders because there is a considerable percentage that see the potential of bitcoin but we can expect this to change in the future do to modernization of everything and increase demand of digital currencies in both technical and financial fields

Main obstacle of Bitcoin I see is the energy consumption of it in the process of mining. This amount of electricity is almost unbearable in the 21st century where we live. But Alts have very addressed this case very efficiently.

If we really want to replace FIAT, we need more BTC real usage and adoption, education it’s probably one of the fundamentals, as if people don’t understand the value, how can they even star to use it?

There’s still a lot of work to be done, we’re at the very beginning, we have to work united to overcome all the obstacles

I think you are absolutely right that manipulation is common, and a huge problem.  But I think with Bitcoin it takes huge sums, and coordinated efforts from teams of very knowledgeable people.   But the smaller coins, even ETH, are very vulnerable.  I read that for $4000 an hour you can harness enough energy to dominate ETH (51%)

in my opinion the common obstacles in bitcoin are security issues and self-confidence in crypto currencies that are a problem in bitcoin

The adoption is one of the problem of the bitcoins. Many people are still not aware to what is bitcoin and it is the reason why they are still not adopting it.  If we keep our spreading our knowledge to other people. I am sure that the people will become interested to patronize it.

The main obstacle to bitcoin is the price that is not stable, so many are afraid of losing
Legal certainty in some countries is also uncertain.
Scam information that occurs in several countries as well as state policies that consider bitcopin illegal.

If we want the cryptocurrencies to be accepted by all, then we need to develop appropriate laws that will regulate cryptocurrencies markets. These laws will have to eradicate market manipulations that so attract those who want to get rich quickly and discourage those who would like to use Bitcoin as a means of payment in daily life.
I agree that if we want Bitcoin to be accepted for use on a large scale, then its price should be relatively stable.

Yes, the division and different ideology in the bitcoin community is biggest obstacle of bitcoin coupled with unending market manipulation by the whales. These are slowing bitcoin in many ways.

I believe that one of the obstacles to bitcoin mass adoption and development is first its high volatility based on the nature of the crypto itself and second, absence of appropriate government regulations, so people feel that whatever happens with their funds, nobody will be there for them. That's my opinion as a newbie, don't be too judgemental

Its an obstacle for using as currency but it is making more adoption and imagine if everyone in this world started to use bitcoin the value will get maximised so which causes the price to be more stable than now,just see positive and make the decentralised coin as our payment options.

It seems to me that there are no obstacles for Bitcoin, except for the regulation of prices by the states. I don’t know if these regulations are there or not, but this is the only thing that could prevent Bitcoin from following its development path.
Although if the state gives Bitcoin such conditions with full security and impossibility of price manipulation, then Bitcoin will have no obstacles at all.
This is only my opinion of course.

Although many people join and believe bitcoin but not all has its own expectation met, bitcoin itself is unpredictable, and its value as well is changes from time to time, so people cannot wait til they get what they worked hard for, they give up and do not continue. They do not fully understand how bitcoin works.

The main problem in the bitcoin is the adoption and misinformation. There is a connection between adoption and the misinformation. There are people who are afraid to use and buy bitcoins because of the misinformation that keep spreading through internet. They are always thought that bitcoin is a scam or it is always using in illegal activities.

High volatility can be definitely point out as an obstacle for bitcoin progress because it makes majority of Organizations and clients hesitate to combine there businesses or make payments with bitcoin because in a little time it can do a big profit loss but we should know high volatility of btc is the main reason why many investors are attracted to invest in it and that is why even with many other obstacles from the out side world bitcoin still valuable but I agree that we need more stability when considering the price of bitcoin

We do not have enough education for the people in our society to become aware to what is bitcoin and that is the obstacle that the bitcoin currently facing. The mass adoption will not happen if many people are still not educated to what is bitcoin.

The main bitcoin obstacle is the regulation of the government in each country that is different, so that there are still many users who are worried that they will be considered illegal transactions.
Besides that the constraints of the price are unstable, rising or falling very sharply so that small capital investors have fear.
The third is the image of bitcoin as a place for money laundering and funding for terrorists.

Bitcoin does not have any impregnable obstacle because it is working as it was intended to. The problem is with the mass adoption which is still not yet accomplished. Most of the governments are against the idea of Bitcoin and as such the people are bound to listen to them in the view of abiding the laws. But definitely, this issue with the governments will end one day and Bitcoin will meet the mainstream adoption.

Agreed that some currencies need to be stable in value. however, I do not think the inventors of Bitcoin wanted it stable. If they did, they wouldnt have  used  the words Deflationary Currency for Bitcoin.

The idea behind the Deflation is so that Bitcoin does not lose its value against the inflating prices of good and services in the future. .
In my opinion, Bitcoin cant be a good Store of Value if the price continues to remain stable

If the value of Bitcoin is stable, it will abandon from Crypto, and that will be its end. Venture investors choose Bitcoin because it has a very high price and a large degree of agitation that motivates the exchange of daily profits from traders.

Government regulation is an obstacle for bitcoin. Without government regulation, merchant in many country must be wont accept bitcoin. If merchant afraid to accept bitcoin, its obstacle for bitcoin mass adoption. I think merchant is good entry if mass adoption want to happen

I don't think the price of bitcoin has been its obstacle but the main obstacle of bitcoin is the wrong knowledge and understanding people have about it. If people really have the right knowledge of bitcoin, they will be less concern about the change in its market price. Bitcoin and its blockchain network introduced a decentralized platform where people can determine the price they want to sell or buy bitcoin and this nature of its network is the cause of the changes in its price. People don't understand this principle regarding bitcoin.

1. the ecology is not complete
2. over price fluctuation
3. limited users group
4. big companies control

in other words some users see fluctuations as obstacles? it is precisely the wrong idea, I think they should know that fluctuations will continue to exist in the bitcoin market, and look at it as an advantage, not as a obstacle, because fluctuations can give you a big profit

I don't think government regulation will be a problem.

There are a lot of other countries that banned Bitcoin but I don't think that is the main problem. You see, even if there are a lot of countries that still regulates or accepts Bitcoin, a lot of people still don't use it since most of the time they don't know what Bitcoin and cryptocurrency is or they do know what they are but they don't want to use them.

Lack of trust worthiness regarding decentralized systems or networks can be consider as a major obstacle and its decentralized nature which cannot change but it has become the main reason why most governments and other organizations specially in the businesses field don't  trust to invest or to allow to continue expanding because no one is confidence enough to trust a digital currency specially a valuable one like bitcoin because there is no responsible party behind it and that is why I think it is a major obstacle for bitcoin even it is build nature

In my view, I think Misinformation is the main obstacle of bitcoin. In our country, If random people know that someone is working for bitcoin, then they can complain to the Cop! Because most of them think that Bitcoin is illegal, It is only used in bad works like drugs, murder and so on in a negative way! Therefore bitcoin has the volatility nature, the price can be manipulated any time, it is one of the obstacles.

That is why we need to introduce bitcoin to them, and maybe we can teach them about how to learn and use bitcoin with right and another else. So they can understand what the benefit of bitcoin that they can get is. Besides that, they can also use bitcoin as an investment that will give them a big profit in the future. But I realize that people right now still too afraid to invest or learn about bitcoin because they read about the news from the last year when bitcoin price is at the highest price and then in a few months later, the price drops too far. And now they think that bitcoin will never increase at the last highest price again in the future.

The obstacle of Bitcoin is basically the ignorance of people regarding how its system operates. People have problems with things or ideas when they don't really understand what causes some changes in the thing. Ignorance on the whole nature of how the decentralized system works is the leading cause of the spread of false speculations about Bitcoin. Due to how ignorant the world is about Bitcoin and its blockchain system, people easily accept false news regarding the use of Bitcoin. Ignorance has made people believe that Bitcoin is used by money launders or used to fund criminal activities, which is totally false.

there are many obstacles that occur in bitcoin nowadays, but we cannot mention the obstacles in detail, only a few of which I can mention include many scam projects, and that makes investors over time become doubtful. the next negative news that is spread, namely the cause of negative news are those who do not like the development of bitcoin. but from the second I mentioned, there are still more obstacles in the development of bitcoin.

How can an idea be a barrier? The stock market has been a place where millionaires were made (and sometimes unmade), but it hasn't changed anything. Just like that penny stock trading scheme of Jordan B. It didn't stop people from playing on the market.
These silly little names like a bubble or a scheme aren't stopping adoption.

well, for now, I think there are still some obstacles from bitcoin, moreover if the transaction is quite a lot, it will certainly slow down the transaction, and that happens when the bitcoin price is going up. however, I don't think there are so many obstacles from bitcoin in the countries that accept it.

Instability is the main obstacle.
I mean who would want to invest all of their hard earned money into something which is highly volatile?
Majority of people are still afraid to risk their money so I think bitcoin needs to be stable first. This way, more people will accept it as it has a lot of benefits. Also, most of the world population, especially, third world countries don't even know what bitcoin really is. They think of it as something fraud, which is not true.

Many factors, I think.
We have many rumors and speculations about Bitcoin.
SEC and other financial institutions still didn't approve futures or other financial instruments connected with btc.
Merchants still didn't accept Bitcoin as main payment alternative.
Also, who is legally responsible for bitcoin?
Who is owner of btc?
Many unsolved issues, really.

I think the biggest obstacle to Bitcoin is the acceptance of people to it. I mean, it has been around for years and years, but still, it has been on a decline after realizing its highest potential just a year ago. I think, the fault can be put on people who are promoting and using it, it has never took off as we have foreseen it to go because we lacked the promotion and the marketing to make it work for the masses. I mean, I know, many have profited to it for years and years,  but then, they wanted to in a way selfishly get all the gains without making other people understand what it is that would help to its acceptance and gain. And now, we see its decline and instead of convincing more people, we find more and more people pulling off their belief that it can prosper.

I think the laws and regulations are the problem that the bitcoin is currently facing. There are people in different countries who are afraid to use bitcoins because their government forbids them to use it. They will be sanction and receives penalties if they will use it. The users of the bitcoin will increase if all of the government will legalize it.

I agree. This is just one more argument in the list of many the clueless people happily use. It happens in the stock market anyways too and what? Is it a lie only because of that?

If big profits exists and it's legal i see no reason to try to stop someone from doing it at all. Especially if they are helping with a greater good here if they decide to invest long term and hold.

The biggest obstacle to bitcoin in our country is that the government does not want to provide supporting facilities, and the government does not want to recognize bitcoin as a currency, but our government is taxing bitcoin trading agents by classifying bitcoin as an asset and as a commodity.

Bitcoin constraints in the community is how it works is considered complicated and too many risks, such as the use of internet technology which for some people is still not understood, many news that discredit bitcoin with negative things such as money laundering, and no encouragement from the government to use bitcoin payment instrument. Even in some countries there are fears of bitcoin users, because it is considered an illegal transaction.

This issue has been a major factor hindering the smooth progress of Bitcoin in most countries. Despite the authorization of Bitcoin and cryptocurrency in some countries like India, Canada, Indonesia, Germany etc , it appears to be a small fraction of total number of countries across the globe. There are still more work to be done in order to advocate for Bitcoin in our various countries.

I agree with your submission about the volatility of Cryptocurrency being the main obstacle to it's wider adoption.
But we need to understand that the structure of Cryptocurrency is decentralized and that could be the reason the volatility.
To solve the issue of volatility, then there is the need to change the structure from decentralized to centralized which in itself is not feasible.

Volatility is a significant problem and that is a big reason why its adoption levels are low but I doubt we will be able to solve the problem of high volatility by making Bitcoin a decentralized currency because even under a centralized party with the current changing demand level and users mentality to use it as a short term trading asset there won't be any effective way to control its rapid price fluctuations even with a dedicated team but I think with enough expansion and wider adoption naturally it will become stable so the problem is just a temporary situation

A mixture of misinformation, lack of knowledge and most devastatingly, a lack of interest in learning about it. Most people just want to make a quick buck by investing small and selling when the price goes up, which is ok. But at the same time, it's the people who don't know what they're doing who are the ones who never really get the hang of it completely, and eventually end up backing out.

Saying the obvious facts about bitcoin or cryptocurrency should not be considered as spreading FUD.
Let's not allow loyality to be cloud our sense of reasoning

Op has stated whether the price volatility will serve as a obstacle for bitcoin in its large scale adoption. From my understanding bitcoin has got such a big user community because of its volatile nature. If this was the same as the stable currency surely very few will be here. The volatility gives access to earning which is the one that keep major of the cryptocurrency users active.

I don't think that changing the structure from decentralized to centralized can solve the volatility issues... and by the way, Bitcoin, for example, is born decentralized and cannot turn to a centralized system.

In my opinion, volatility will decrease while the crypto market becomes more mature and bigger. We are still talking of a very young market.

That is an obstacle, but it an obstacle that cannot be removed because price volatility is a part of Bitcoin. The price is volatile because Bitcoin is decentralized, only centralized currencies have stable price and Bitcoin is against currency centralization. It isn't the only obstacle, though, I think the biggest obstacle right now is that people like cash more because it is far easier to use.

you are absolutely right, if you stick to the fiat currency forever bitcoin will only be a speculative tool. but I think the role of government is very important if we want to make bitcoin as a mass adoption. but the reality is very difficult, so much opposition has been made by various parties.

for some people, changing prices can be a very significant obstacle for those who always use bitcoin. but, we know that it is a common thing. many of them also take advantage of these obstacles to gain profits. well, but, the biggest obstacle at the moment, I think is the difficulty of the government accepting bitcoin as a transaction tool, because it can make rival fiat.

I agree with you here. It only means that it will reach mass adoption in some years when it finally gets a lot more stable and for that reason start being adopted by a lot more organizations which will make a lot more people see it as something realistic instead of just a fraud.

People with not enough ability to see is not only in third-world countries sadly. Even when there is where the vast majority of them are.

The funny aspect is that in Venezuela it is quietly a lot more adopted than in other third world countries due to the situation.

Bitcoin prices are unstable because business people who use bitcoin are different from different countries, because in each country these different rules make traffickers uncertain. maybe the legal certainty and status of bitcoin in all countries should be the same if you want bitcoin to become a global currency.

The more people who invest and know bitcoin, the more stable this currency is. but on the contrary, we will no longer see strong growth in the past. This is also a bad point for investors

The major obstacle to the wide spread adoption of bitcoin in recent times is the issue of high volatility. This is one of the issues discouraging potential investors even institutional investors from investing in the market.
But come to think of it, bitcoin is a decentralized virtual currency and one if it's core feature is volatile nature.
So it's expected for prices to swing the way it's doing .

I believe that the biggest challenge and obstacle that Bitcoin is facing would be its wide-adoption. There are still countries and establishments that don't acknowledge its existence. On the other hand, its volatility has become the misconceptions of many. Many are still unaware and not fully-educated of its real essence. Due to arising controversies and fake news, it could be misleading for some and they seem to see Bitcoin in disadvantageous aspects. Let's be a media to spread awareness and knowledge to the public on how beneficial and profitable Bitcoin is.

bitcoin is indeed a lot of obstacles for those who invest, but for those who are experts, if it is already investing and lots of coins, suddenly the price drops free then this is the initial sign that prices are going to soar ..

The technology and concept of Bitcoin and the Blockchain is incredible which provides a revolutionary solution to payment systems across the globe. One major obstacle hindering the smooth progress of such an innovative technology is the governments. Most of the governments are against the idea of Bitcoin because it is decentralized, hence Bitcoin and other cryptocurrency activities are unauthorized in some countries.

I agree. The government has all the capabilities to shut down bitcoin entirely in a country. For example, they could close down exchanges people who use crypto would have now means to liquidate it. The second obstacle for bitcoin is the lack of information in the public. Bitcoin having negative impression to the public stems from their lack of research on the matter.

Regulations from governments has become a big problem for Bitcoin to progress through adoption because any organizations doesn't won't trouble from the low frame work in there country because it can be very bad for the progress and due to regulations and restrictions from government against Bitcoin companies think twice before accepting Bitcoin so freedom from governments is a must for organizations to accept Bitcoin and to adopt it with there core payments and without that it cannot develop as a currency in the future

Bitcoin obstacles are many and might vary form nation to nation
*poor internet connection
*religious belief
*government involvement
*skepticism and ignorance e. T.c

A lot of obstacles that bitcoin is confronting right now. There are many investors withdrawn their investment due to the fact that they are fear to be lose. Bitcoin needs development, it needs liquidity wherein all people can use it simultaneously without having a problem. Gas fees are still high and there is a congestion to the bitcoin network once many people are sending BTC. We need a stable coin and can be used in everyday life. I hope bitcoin adopt it someday.

I would like to agree on the last part, it's true that bitcoin's main obstacle found on its underlying value, on top of this is the fact that most trader now is getting more aware of the extreme price action that is happening almost every week now. This would translate to newcomers and generally effects public understanding.

Bitcoin price stability might not need for investors but from merchants perspective it is mandatory  because with high volatility and price fluctuations merchants can face many losses for there goods or services which can be also a disadvantage for clients who use bitcoin as a payment method so in order for merchants to accept bitcoin I think volatility should be low and that is the main obstacle now bitcoin have that has reduce its adoption and acceptance by companies and small businesses

Every people loves stability as much as being volatile because this can lessen the risk of loosing big  while we can still earn sufficient income because bitcoin is already indemand and will become more indemand in the future . thats why i believe that if bitcoin is stable many people will become more attractive with it but even today where bitcoin is still volatile ,bitcoin has always be on the number 1 spot  .

You are right that it requires a stable currency to be used on a large scale but the question is that is bitcoin already been used on a large scale yet?  Well I would say bitcoin is still developing

Yes when considering some facts we would agree that Bitcoin is still developing to become a mainstream currency because because still there is no considerable stability in Bitcoins price fluctuation even it is used large scale which has become a major problem in the business world to combine it with core business payments and processes but this trend should change for the betterment of the future of Bitcoin and its users

More users have mentioned the volatility as an obstacle. From my understanding volatility is the attraction of bitcoin. No currency is this volatile, people come towards bitcoin as it has got the potential to give the biggest profit. When that isn't possible anymore automatically it'll lose its importance. Now the earnings access is provided as it is volatile. If it is stable, then there is no difference between common currency and bitcoin.