What's your biggest problem with Bitcoin

[Mr.grin]

The biggest problem with Bitcoin is that you never know what can happen and that is difficult to expect when you must buy or sell.
But you must take the risk when you are going to do that. Or you can save money for backup.

you're right, one problem that obtained when using bitcoin is, when it's time to buy and sell. we do not know when prices rise and when prices were down, probably if not think well, it will make a loss

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[upsidedown75]

My biggest concern with bitcoin is that its rate is unpredictable from one day to the next. Its hard to find reputable dealers that will buy bitcoin off you without charging you excessive fees. I believe both of my concerns will get fade away in near future when bitcoin ecosystem get more established.

[vilain]

I believe to the developers, the ONLY problem with bitcoin is the size of the blockchain, which as far as i know can not be pruned without losing peoples bitcoin, mass adoption would only bloat the blockchain faster, keep it as a niche if you push for mass adoption you will destroy bitcoin, or you will destroy fiat, or as i have stated too many times, they will force digital currency on the masses the networks won't be able to sustain it, and it will be allowed o die, so the 99% become slaves to the elite once more. Keep it as a niche dont push or force adoption, humans are fickle creatures that are not dumb, as long as electricity and internet are controlled by other people the mass's will not adopt....

[jod_doj]

i think that the biggest problem right now is that i can not use it to pay for everyday items such as food

[BoeserKeller]

My biggest problem with bitcoin is that the bitcoin core software is good but downloading the block chain is a very hefty task.  Isn't there any way that we can use Bitcoin qt but not download block chain. I know there are many wallets out there but still none is comparable to the original...

[trinaldao]

i think that the biggest problem right now is that i can not use it to pay for everyday items such as food

the bitcoin merchand is still low in "real life" but you can buying starbuck coupon, etc. with bitcoin then you can buying food everyday

[Druze]

my biggest problem is probably the fact that it is a currency that isnt accepted by many or most stores and businesses.

[CasioK]

With respect to my countries trend, bitcoin is still new and the the e-currency market has to travel more miles and yet has to be established for several more years before people can really trust it here. But till then I will be saving bitcoins.

[Supercrypt]

With respect to my countries trend, bitcoin is still new and the the e-currency market has to travel more miles and yet has to be established for several more years before people can really trust it here. But till then I will be saving bitcoins.

I believe your move is a very intelligent and would be very profitable for you. When you are unable to spend/use your bitcoin it must be a very good idea to keep on saving it.
Your biggest problem with the bitcoin is going to be your biggest advantageous thing for your bright future.

[blackraven1425]

For me its the conformation times and the network fees. I once accidentally forgot to include a transaction fee when I sent some coins, and it came back 2 days later because no one confirmed it, then I resent them again, this time, with a transaction fee, but I inadvertently made a double spend because of that.

[rampel]

It is hard to assume when it peaked for sale

[D3ViL]

My only problem with bitcoin is the lack of real stores where I can buy some ordinary things, without depending on an Internet connection to move my coins. Perhaps it means that the bitcoin worth is not real, because without Internet bitcoin would not exist.

Stores that accept bitcoin are popping up everyday. But since bitcoin is a digital currency it needs a digital medium in which to propagate.
On the other hand, if bitcoin is not real how is it with gold? It's just metal. Or fiat? Just paper. It has value because we say so.

bitcoin is still a new invention so it is acceptable that there is not yet enough usage for it. but people are starting to find out about bitcoin and start using it.

i heard some rumors that steam is planning on accepting bitcoin as payment. soon other companies will start accepting bitcoin and before you know it bitcoin is widespread.

According to certain network theory, the value of a technology is proportional to the square of the users. If the user of bitcoin increase from 1 million to 10 million, the price will be $40,000 each.

reaching 40 K is a bit too high of a value. i will be happy with a value of 3000$ .converting bitcoin to fiat is a bit difficult process i guess, as you need to provide verification and stuff inorder to do so .is there a easy way. if so i would like to know that

[jonathgb25]

The "anonymous" part of transactions because you cannot fully prove the bitcoin address was came from a hacker if the address were not known in block chain(few transactions held).

[barbara44]

With respect to my countries trend, bitcoin is still new and the the e-currency market has to travel more miles and yet has to be established for several more years before people can really trust it here. But till then I will be saving bitcoins.

I am also saving my bitcoins for the same reason. But I am happy I got a reason to save it for longer period. I believe when I have more value of bitcoins I will not need to convert it into fiat, just spending bitcoins for everyday life would be amazing at that time.

[MaritiJames3]

The biggest problem with Bitcoin is that it is so hard to predict when you must buy it or sell it.
I think that is a really hard choice to make we you going to sell it, there is a chance that after you sell it that it can be more worth later in the future.

[Cuidler]

The biggest problem with Bitcoin is that it is so hard to predict when you must buy it or sell it.
I think that is a really hard choice to make we you going to sell it, there is a chance that after you sell it that it can be more worth later in the future.

It is not Bitcoin specific, any stock is not easy to predict when you must buy it or sell it. The information + trading experience is what separates loosers from winners in these trading games. If your not experience trader, best is just to hold Bitcoin (or stocks) and sell only when you really need money.

[Lutzow]

The biggest problem for me is mass adoption, there should be a universal app or gateway where bitcoin payment can be utilized by all online merchants.

[blackmachinegun]

i think that the biggest problem right now is that i can not use it to pay for everyday items such as food

i think it can resolve by convert it to fiat. honestly right now  we can still cannot using bitcoin for buy daily need. I would be very happy if KFC or MCD accept bitcoin for delivery order. so we only need to pay via online, and the food will come soon

[MichealKnightrider]

The biggest problem with Bitcoin is that it is so hard to predict when you must buy it or sell it.
I think that is a really hard choice to make we you going to sell it, there is a chance that after you sell it that it can be more worth later in the future.

Its true its really difficult to say what is gonna happen with it.
Of course the market of the bitcoin is unpredictable but that will change in the future.

[chaser15]

The biggest problem with Bitcoin is that it is so hard to predict when you must buy it or sell it.
I think that is a really hard choice to make we you going to sell it, there is a chance that after you sell it that it can be more worth later in the future.

Its true its really difficult to say what is gonna happen with it.
Of course the market of the bitcoin is unpredictable but that will change in the future.

You mean in the future it will become unpredictable? Then say goodbye now for the profit of trading as if that will happen all traders will just doing a "mukhang tanga" action.