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trickyriky
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February 29, 2016, 03:04:27 PM |
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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. 99% of the real people i speak to about bitcoin laugh their heads off saying things like you put your money into something the guberment control and can steal as and when they please lol, they are right though, as long as electricity and internet access are not free, bitcoin will go no further than the 0.5% of global population who already have crypto in their hobby lists im afraid :/ |
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phreaky
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February 29, 2016, 03:18:32 PM |
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the problem is that you dont know what to do. You never know when to sell it or buy it. It is hard to make a decision.
But You must do it when you feel good if you do that. You must be smart and ofcourse there are risks.
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jonathgb25
Full Member
 Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 29, 2016, 04:08:28 PM |
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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
I think the reason for that is that bitcoin and other cryptocurrencies was not fully introduced to them. And that is why they have got the wrong perception of what is bitcoin.  |
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Slunt
Jr. Member
Offline
Activity: 59
Merit: 10
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February 29, 2016, 06:32:39 PM |
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My biggest issue is uncertainty. The price is way too fickle and it's disturbing how a bit of bad or even fake news can send people into a panic and the price comes fallign down. I also think bitcoin is uncertain because the lack of adoption. One of my biggest fears is that it will eventually just be forgotten about or miners lose interest if the price falls below something that becomes unprofitable.
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RealBitcoin
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February 29, 2016, 08:46:08 PM |
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I`d like to see a decentralized repository now, github is just not suited for a 7 billion $ project. We need more flexible and secure servers, perhaps a decentralized one. We also need a consensus mechanism, with money weighted voting like http://bitcoinocracy.com/That should be the governing system of bitcoin!!! We need that fast! |
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trickyriky
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February 29, 2016, 09:34:09 PM |
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I`d like to see a decentralized repository now, github is just not suited for a 7 billion $ project. We need more flexible and secure servers, perhaps a decentralized one. We also need a consensus mechanism, with money weighted voting like http://bitcoinocracy.com/That should be the governing system of bitcoin!!! We need that fast! sorry but terrible idea, the bankers create fiat from thin air, they will just buy up all the bitcoin and centralise it  |
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angryrob
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February 29, 2016, 10:07:31 PM |
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the problem is that you dont know what to do. You never know when to sell it or buy it. It is hard to make a decision.
But You must do it when you feel good if you do that. You must be smart and ofcourse there are risks.
Yeah, its always risky to make investments into bitcoins, at it is very unpredictable and you cannot be sure that what is the best price to buy or sell. |
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JAyThaRevo
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February 29, 2016, 11:02:47 PM |
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the problem is that you dont know what to do. You never know when to sell it or buy it. It is hard to make a decision.
But You must do it when you feel good if you do that. You must be smart and ofcourse there are risks.
Yeah, its always risky to make investments into bitcoins, at it is very unpredictable and you cannot be sure that what is the best price to buy or sell. That factor would always associated with bitcoins, and we cannot say that it is a problem, it makes bitcoin more attractive as you never know what would be the price tomorrow. |
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Imoote
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March 01, 2016, 02:01:52 AM |
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the problem is that you dont know what to do. You never know when to sell it or buy it. It is hard to make a decision.
But You must do it when you feel good if you do that. You must be smart and ofcourse there are risks.
Yeah, its always risky to make investments into bitcoins, at it is very unpredictable and you cannot be sure that what is the best price to buy or sell. That factor would always associated with bitcoins, and we cannot say that it is a problem, it makes bitcoin more attractive as you never know what would be the price tomorrow. Yes it may be almost the same as the price of a currency that can go up and down depending of which affect the value of the money. Probably the same as bitcoin currency to rise or fall. It is a natural thing and it was very interesting. |
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RealBitcoin
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March 01, 2016, 08:03:49 AM |
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I`d like to see a decentralized repository now, github is just not suited for a 7 billion $ project. We need more flexible and secure servers, perhaps a decentralized one. We also need a consensus mechanism, with money weighted voting like http://bitcoinocracy.com/That should be the governing system of bitcoin!!! We need that fast! sorry but terrible idea, the bankers create fiat from thin air, they will just buy up all the bitcoin and centralise it Haha please do it, the price will exponentially grow, it would cost them quadrillions of $ to buy the last satoshi available. And at that point all bitcoin user would become very rich, we would be the new elite. So please any central bank who wants to do this do it!!!!! |
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setupbounds
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March 01, 2016, 08:13:09 AM |
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LOOOOOOOONNNNGG Confirmation haha
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lrdeoliveira
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March 01, 2016, 08:17:11 AM |
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i'll made an example about a problem i might have whit bitcoin.
in the cases i have an international deal (i have to sell some hardware for example,) i'm in USA and the buyer is in europe, we need to use escrow for sure, and the deal will not be concluded in short time, ship can take up to 15 days. my bitcoin stay in the escrow until the buyer confirm that is all ok, if there's a dump on the bitcoin price i would have lost money.
I think it's to risky on the vendor site, of course if you're a buyer it's better to use bitcoin
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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March 01, 2016, 10:40:15 AM |
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the problem is that you dont know what to do. You never know when to sell it or buy it. It is hard to make a decision.
But You must do it when you feel good if you do that. You must be smart and ofcourse there are risks.
Yeah, its always risky to make investments into bitcoins, at it is very unpredictable and you cannot be sure that what is the best price to buy or sell. Then cover that risk. That kind of situation can't stop us to make an investment in bitcoin. There are ways to minimize loss and lessen that risk. Why others make profit out of bitcoin investment even that is a risky one. If they can do it, you also can do it. |
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trickyriky
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March 01, 2016, 12:13:13 PM |
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I`d like to see a decentralized repository now, github is just not suited for a 7 billion $ project. We need more flexible and secure servers, perhaps a decentralized one. We also need a consensus mechanism, with money weighted voting like http://bitcoinocracy.com/That should be the governing system of bitcoin!!! We need that fast! sorry but terrible idea, the bankers create fiat from thin air, they will just buy up all the bitcoin and centralise it Haha please do it, the price will exponentially grow, it would cost them quadrillions of $ to buy the last satoshi available. And at that point all bitcoin user would become very rich, we would be the new elite. So please any central bank who wants to do this do it!!!!! seems you dont have a clue they make fiat from thin air, they would buy it all up effectively destroying the values of fiat which will negate the value of bitcoin lol, NO MONEY HAS ANY VALUE WHAT SO EVER, its worthless shit created so the bankers can live off the backs of the brainless working tax payers who allow it :/ |
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diodio5
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March 01, 2016, 01:44:22 PM |
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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. yeah same agree with you. moreover very easy to convert bitcoin to fiat or paypal. I often sell bitcoin to paypal is very easy and fast. if you can not buy something through bitcoin. you can convert it to paypal. it easier |
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Hashminers
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March 01, 2016, 02:04:20 PM |
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I`d like to see a decentralized repository now, github is just not suited for a 7 billion $ project. We need more flexible and secure servers, perhaps a decentralized one. We also need a consensus mechanism, with money weighted voting like http://bitcoinocracy.com/That should be the governing system of bitcoin!!! We need that fast! sorry but terrible idea, the bankers create fiat from thin air, they will just buy up all the bitcoin and centralise it Haha please do it, the price will exponentially grow, it would cost them quadrillions of $ to buy the last satoshi available. And at that point all bitcoin user would become very rich, we would be the new elite. So please any central bank who wants to do this do it!!!!! seems you dont have a clue they make fiat from thin air, they would buy it all up effectively destroying the values of fiat which will negate the value of bitcoin lol, NO MONEY HAS ANY VALUE WHAT SO EVER, its worthless shit created so the bankers can live off the backs of the brainless working tax payers who allow it :/ The biggest problem with Bitcoin is that you never know what can happen. And that is a huge problem, it is so hard to predict. And that is not good. But you can now see that the value is now rising slowly and that is good for those who made an investment. |
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trinaldao
Copper Member
Legendary
Offline
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
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March 01, 2016, 04:23:55 PM |
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the problem in bitcoin for me is I can cancel my transaction, in some case i need to cancel my bitcoin transaction, like today more people get problem to waiting more than 24hours to get 1confirmation, if I can, I want to do cancel my bitcoin transaction then i change the fee higher than now...
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INVALID BBCODE: close of unopened tag in table (1)
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Daniel91
Legendary
Offline
Activity: 3374
Merit: 1824
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March 01, 2016, 05:08:54 PM |
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My biggest problem with bitcoin is changeable value and fact that no so many merchants accept bitcoin in my country (only a few).
So, even I have some bitcoin funds in my wallet, I can't know for sure value of this funds in 1 week, month or year.
Other problem is that I don't have so many places to spend this funds in my country.
It seems only options now are to keep bitcoin funds in the wallet or cash out.
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neonshium
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March 02, 2016, 05:53:42 AM |
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Though I am to old in bitcoins to have a problem with bitcoins, but still I face some issues often. Actually I often face difficulties when i exchange money for people and when they ask me what is confirmation and why I have to wait for it, actually I know and we all know but those guys never know and hard to explain.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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March 02, 2016, 06:21:03 AM |
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the problem in bitcoin for me is I can cancel my transaction, in some case i need to cancel my bitcoin transaction, like today more people get problem to waiting more than 24hours to get 1confirmation, if I can, I want to do cancel my bitcoin transaction then i change the fee higher than now...
That will be a little hard. Once it is clicked as a "Go" then it will be on the line of sending. Canceling it will take a lot of hard time. Just be really sure of what you are sending. That is all we can do for now. |
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