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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
harizen
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February 22, 2016, 12:35:29 PM
 #1161


Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

Like I said bitcoin is money. Why should I admit? I never posted that Im disagree to that.

And so what if bitcoin is linked to huge scamming parties, so be it and make an adjustment to youself like we did in our fiat money.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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tommygunyeah
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February 22, 2016, 12:36:21 PM
 #1162

My biggest problem with bitcoin is there is no legitimate company that can be entrusted with alot of BTC because like others said the problem is security because most of these websites got hacked and sometimes we need to wait for 30 minutes in order for the transaction to get 1 confirmation which is annoying for me.
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February 22, 2016, 12:54:30 PM
 #1163

For me the biggest problem and I also see that in my surroundings.

Is just Bitcoin got to expensive for the normal people, even for me who is really interested in the concept,
it's hard to acquire some bitcoins because I have little to no income!
Most people don't wanna risk 400$ for a Bitcoin
I think its not a problem if you want work hard. you can collect bitcoin with free way dude?
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February 22, 2016, 02:08:08 PM
 #1164

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.

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February 22, 2016, 02:29:59 PM
 #1165

My biggest problem with bitcoin is there is no legitimate company that can be entrusted with alot of BTC because like others said the problem is security because most of these websites got hacked and sometimes we need to wait for 30 minutes in order for the transaction to get 1 confirmation which is annoying for me.


Why considering that cases as a problem.

If you are talking about exchanges sites there are some ways and good practices if you are planning to do some exchange method and besides it really makes sense to have an exchanges in multiple exchanges rather than in a single site disregarding the rates.

If you are talking about bitcoin investment (HYIP, Ponzi etc), then it's obvious, stay away from that kind of site.

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LucioTan
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February 22, 2016, 03:12:53 PM
 #1166

My biggest problem about bitcoin is confirmation Sad
When i bet on gamble site  my deposit are too long to wait so my deposit gonna be delayed on time of betting
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February 22, 2016, 03:24:02 PM
 #1167

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
There is quite a lot of online stores that accept Bitcoin as payment method, AFAIK. There is marketplace section in this forum too, you can use that if you can't find any store that sell the item you want but they do not accept Bitcoin as payment method.
Also, what do you mean by "Another problem is that you cant know what the value is"? Bitcoin price?

Life sucks.
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February 22, 2016, 03:40:21 PM
 #1168

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.

Also, what do you mean by "Another problem is that you cant know what the value is"? Bitcoin price?

Well probably the bitcoin price is the one he is pointing out.

Ok here we are again, hard to guess bitcoin price is really not a problem. That's the reason we have pump and dumps. If there's no such thing as price prediction then definitely we can't make profit because no one will do the buy and sell method at first.

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February 22, 2016, 03:42:16 PM
 #1169

My biggest problem about bitcoin is confirmation Sad
When i bet on gamble site  my deposit are too long to wait so my deposit gonna be delayed on time of betting

These are early signs of a gambling addiction. You better quit gambling!

BSV is not the real Bcash. Bcash is the real Bcash.
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February 22, 2016, 03:44:21 PM
 #1170

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.

Also, what do you mean by "Another problem is that you cant know what the value is"? Bitcoin price?

Well probably the bitcoin price is the one he is pointing out.

Ok here we are again, hard to guess bitcoin price is really not a problem. That's the reason we have pump and dumps. If there's no such thing as price prediction then definitely we can't make profit because no one will do the buy and sell method at first.
yeah thats why the value of bitcoin is not stable if there's no pump and dump there's no traders..
But if there's no trader's i think it may affect also the value of the bitcoin...so they are important.

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February 23, 2016, 07:41:17 AM
 #1171

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
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February 23, 2016, 08:15:40 AM
 #1172

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.
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February 23, 2016, 08:27:39 AM
 #1173

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
LOL
bitcoin users continues to grow. you just need to be patient to see the world of online shopping sites start accepting bitcoin, and all follow it, it has already begun, many sites who accept bitcoin. in real life too well. bitcoin surely will slowly spread
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February 23, 2016, 08:51:29 AM
 #1174

I dont like to see this constant volatility. It attracts only scammers and speculators. I would expect it to become less obvious during 2016, especially in case market cap increases significantly.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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February 23, 2016, 08:56:41 AM
 #1175

My problem with bitcoin is its volatility.
when i have fiat to exchange to BTC it rises.
but when i sell my BTC its falling Lol.
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February 23, 2016, 08:57:34 AM
 #1176

The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
Yes, unlike shares that I own, I am not sure about bitcoins as if they lose in the long run, my all investments in bitcoin would be worth nothing and I want any service or assurance that I would get back a percent of my earnings at least if I own a big amount of bitcoins after few years even if it has no value.
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February 23, 2016, 09:05:16 AM
 #1177

My problem with bitcoin is its volatility.
when i have fiat to exchange to BTC it rises.
but when i sell my BTC its falling Lol.
LOL. it's the same as me, the problem I got is the same as it was, if I sell bitcoin prices are always good, but if I save bitcoin prices always go down, we seem in hate by statistical price increase bitcoin  Cheesy
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February 23, 2016, 09:16:05 AM
 #1178

The biggest problem with the bitcoin is that it takes a long time before the payment has been confirmed, I really hate it, it sometimes make the bitcoin really slow if you ask me.
I think if they make that faster the bitcoin would be perfect to use.
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February 23, 2016, 09:16:28 AM
 #1179

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

Biggest problem? I think it also happen when you invest in stock or forex Roll Eyes
But, experienced trader or investor don't find it as biggest problem though.

That is the general problem of many investment products. One problem related to bitcoin is that the developers have conflict of interests.

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February 23, 2016, 09:26:52 AM
 #1180

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.

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