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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
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February 28, 2016, 04:34:08 AM
 #1241

If I had to point one issue I have with bitcoin, it is definitely transaction times. I wish the bitcoins I send were confirmed to the sender's wallet a lot faster. The amount of time for an individual to receive bitcoin is a little longer than I would like it to be.
I also worry about it. it can make people would not be interested in bitcoin. is it possible be fixed?

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February 28, 2016, 04:35:11 AM
 #1242

I would have to agree with most people, its the block confirmation times that gets me a little upset.

But the thing with bitcoin that gets me P/O is the requirements of Exchanges that need a million documents for USA members (althought not bitcoin fault, just these crazy laws)

Although the other problem I have is yet again not bitcoin itself, its this forum which is where 99% of bitcoins (new and old) search and trade and this forum is just a cest pool of scams :-( - Honest New people could be tricked and its just horrible.

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February 28, 2016, 03:03:06 PM
 #1243

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.
I think. it's not a big problem, and the price fluctuations that are difficult to predict. a special unit of bitcoin, you have to know about it, before joining the bitcoin
so when fluctuations occur, you would not consider it as a problem anymore
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February 28, 2016, 03:24:39 PM
 #1244

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.


That is true, but maybe, just maybe, years from now, there would be physical stores that might accept it, specially if someone that profit from bitcoin would start it in the community where they live..

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February 28, 2016, 10:19:36 PM
 #1245

For me it's the size of the blockchain.  Even with the exponential improvement of storage, computing power, and bandwidth.  Something that big simply won't scale and is not sustainable for the 100's of years that is expected of Bitcoin. 
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February 28, 2016, 10:24:22 PM
 #1246

For me it's the size of the blockchain.  Even with the exponential improvement of storage, computing power, and bandwidth.  Something that big simply won't scale and is not sustainable for the 100's of years that is expected of Bitcoin. 

That is true as well, how big is the blockchain now? I quit trying to use the bitcoin.org client, It takes too long to download, I heard even in high speed vps it takes about 3 days to download and that is insane.

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February 28, 2016, 10:47:21 PM
 #1247

more than 6 hours. I have not received one confirmation. wtf sent to the exchanger. unlucky. whereas now the price is right to sell


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February 28, 2016, 11:44:33 PM
 #1248

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
I think that's not a problem dude, you can convert it to a fiat to buy something, the problem is resolved
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February 29, 2016, 12:58:30 AM
 #1249

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.

this problem will be solved soon, after bitcoin reach $1000 again and stable above it im sure more merchand will be avaible for bitcoin.

in this moment we have some way to spend our bitcoin with gyft, buying coupon gif with bitcoin then use it to buying anything.

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February 29, 2016, 03:53:39 AM
 #1250

actually Bitcoin has no problem but the way of earning is very slow. 

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February 29, 2016, 06:10:42 AM
 #1251

actually Bitcoin has no problem but the way of earning is very slow. 

Well, it depends about what are your skills related to bitcoin and also on the knowledge that you know about bitcoin, and also, how much capital you can invest on bitcoin..  Smiley
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February 29, 2016, 06:34:19 AM
 #1252

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
I think that's not a problem dude, you can convert it to a fiat to buy something, the problem is resolved

So why not use fiat in the first place?

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February 29, 2016, 07:19:26 AM
 #1253

My biggest problem i send my btc to wrong address Sad

how you can wrong? are you type the address when you sent bitcoin? because if you copying and then paste is impossible wrong address next time you better using QR code scan address for sent your bitcoin

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February 29, 2016, 07:24:48 AM
 #1254

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
I think that's not a problem dude, you can convert it to a fiat to buy something, the problem is resolved
Well if you want to buy something online, then you should just use Bitcoin, otherwise use paypal or fiat.


 
 
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February 29, 2016, 09:43:28 AM
 #1255

My biggest problem i send my btc to wrong address Sad

how you can wrong? are you type the address when you sent bitcoin? because if you copying and then paste is impossible wrong address next time you better using QR code scan address for sent your bitcoin
lol what is stupid people doing fill address with spell out one by one letter. you just copy and paste the address in the address column. you're stupid if it gets sloppy letter adds digit address. make sure the address is correct before you send. You can also use the QR code, it was more secure
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February 29, 2016, 02:32:40 PM
 #1256

This is not a big problem and usually happens but I noticed recently especially last week that confirmation time really takes too long now. I've experiencing this but last week is different. This is an online wallet transaction. Just wondering how much fees does an online wallet (that gives a no fee when transferring funds to other wallet) applied when they are processing fund transfers.

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February 29, 2016, 02:35:22 PM
 #1257

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.

this problem will be solved soon, after bitcoin reach $1000 again and stable above it im sure more merchand will be avaible for bitcoin.

in this moment we have some way to spend our bitcoin with gyft, buying coupon gif with bitcoin then use it to buying anything.

I think the price is not so affect merchants to accept bitcoin as a payment method. they are indifferent to the price they are now. the key to it all is not the price. but adoption. if more people are adopting bitcoin. certainly many merchants who accept bitcoin as a payment option. This is all just about the time
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February 29, 2016, 02:39:40 PM
 #1258

people think that bitcoin it's a ponzi scheme, and before or after they think the bitcoin system will collapse and the price will go to 0.
Obviously I am not of this idea, but whit 95% of the  people  I talked about bitcoin think this
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February 29, 2016, 02:50:57 PM
 #1259

Its upon how we look at things. If we consider everything in with the positive mind everything goes good without much of problems. In such manner I consider bitcoin. So I haven't seen any problems in bitcoin yet.

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February 29, 2016, 02:56:48 PM
 #1260

people think that bitcoin it's a ponzi scheme, and before or after they think the bitcoin system will collapse and the price will go to 0.
Obviously I am not of this idea, but whit 95% of the  people  I talked about bitcoin think this

Your stats is really unrealisitc. Look like it can just applied to your location.

In my location almost 100% think that bitcoin is not a ponzi scheme. The only question they asked is how come it has a money value.

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