steemit
Newbie
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Activity: 4
Merit: 0
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March 10, 2016, 04:04:54 PM |
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It's difficult to mine Bitcoin solo these days..
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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March 10, 2016, 04:09:26 PM |
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It's difficult to mine Bitcoin solo these days..
Considering that you're competing against massive pools with petahashes worth of mining power, there is very little that a solo inter would be able to do in a mining environment such as this. |
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trickyriky
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March 10, 2016, 04:20:40 PM |
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So far nothing big, except for the place where i live, there are places where internet signal is so poor that I can't even visit this forum, so I can't update my wallet for few days if I am not home yet...
Let's look into this problem. People here wants the world to fully use bitcoin. How about those people with that situation? How come more in the poor country where no internet connection is really present. So please stop pushing that bitcoin will replace banks in the future. thank you, but its guberment agencies pushing for mass adoption, which will never happen, guberment interference is responsible for many crypto lovers abandoning the tech, im soon to be the next if polo dont address the latest planned change, if i cant trade whats the point in owning bitcoin, they do not need to know who i am or where i live nor do they need to change the accepted fee standard we are all used to, all these changes are destroying our hobbies  |
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bitlancr
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March 10, 2016, 04:34:36 PM |
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As far as i know main bitcoin problem is suspense. You will never know what will be tomorrow also we all will be very frustuated if our money gone.
I really hope thats bitcoin prise will rise.
I'm thinking the same its very annoying that the bitcoin is not predictable no one knows what is gonna happen. This is also why the bitcoin can collapse easily because no one see its coming mostly. |
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HarryKPeters
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March 10, 2016, 07:15:48 PM |
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So far nothing big, except for the place where i live, there are places where internet signal is so poor that I can't even visit this forum, so I can't update my wallet for few days if I am not home yet...
Let's look into this problem. People here wants the world to fully use bitcoin. How about those people with that situation? How come more in the poor country where no internet connection is really present. So please stop pushing that bitcoin will replace banks in the future. thank you, but its guberment agencies pushing for mass adoption, which will never happen, guberment interference is responsible for many crypto lovers abandoning the tech, im soon to be the next if polo dont address the latest planned change, if i cant trade whats the point in owning bitcoin, they do not need to know who i am or where i live nor do they need to change the accepted fee standard we are all used to, all these changes are destroying our hobbies The problem is indeed that you can never know what will happen in the future, you never know what you should do and that is bad. We all hope that the price will rise in the future, but it is very hard to predict indeed and that is not good. |
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zergenyt09
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March 11, 2016, 08:37:08 AM |
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Probably the fact that it is being used with criminals for unethical causes, I understand the same is true about fiat but the percentage is sure higher with bitcoins, I feel a little uncomfortable about that.
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betohell
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March 11, 2016, 08:43:10 AM |
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Probably the fact that it is being used with criminals for unethical causes, I understand the same is true about fiat but the percentage is sure higher with bitcoins, I feel a little uncomfortable about that.
I think bitcoin is not only used for illegal activities other currencies also used for illegal activities. so it was very reasonable for each currency. do not get too in zoom in on issues such |
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martinacar
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March 11, 2016, 09:11:09 AM |
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The biggest problem is that you never know what will happen with the value. So you dont know what to do and that is bad.
We all hope that the value will be more of course in the future and that we can all sell it with profit.
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BeGoods
Legendary
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Activity: 1372
Merit: 1008
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March 11, 2016, 03:14:46 PM |
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The biggest problem is I am not getting support from my family as they feel that bitcoin is used for illegal and criminal activities and they think that I am mainly earning it so that I can use it for gambling  So what is the effect of that in your bitcoin journey? That is not a problem in your part and really can't considered as a problem. Those people who are really have that outside look in bitcoin are really not into the kmowing much more about bitcoin. yeah of course you're not going to stop using bitcoin. right? just because of the prohibition of your family. lol I think it only happens 1:10k bitcoin users. because I've heard first time that the family forbid using bitcoin. and it does not affect you it does not matter mate |
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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March 11, 2016, 03:59:43 PM |
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The biggest problem is that you never know what will happen with the value. So you dont know what to do and that is bad.
We all hope that the value will be more of course in the future and that we can all sell it with profit.
I will ask you a question. What if all people know what will happen in the bitcoin price? What do you think is the scenario? If you found out the answer you will remove that problem of yours. |
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DoniAiikya
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March 11, 2016, 04:04:48 PM |
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The biggest problem for bitcoin is down of the price, thats will make a susprise Big lose
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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March 11, 2016, 04:11:37 PM |
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The biggest problem for bitcoin is down of the price, thats will make a susprise Big lose
That will also give way to buy and accumulate more. It's the best time to start some another round of coins that will be ready in the next increase of bitcoin price. |
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DoniAiikya
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March 11, 2016, 04:32:24 PM |
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Problem is... that I don't have many lol, no seriously, slow confirmation times I think
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Freshmen
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March 11, 2016, 05:19:11 PM |
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confirmation time and how it is very difficult sometimes to use btc and waiting for long time to get confirmations particularly at exchanges asking for 4-6 confirmations.
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extrabyte
Legendary
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Activity: 840
Merit: 1000
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March 11, 2016, 05:25:48 PM |
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The biggest problem for bitcoin is down of the price, thats will make a susprise Big lose
althaught bitcoin is blowing up at any ways and more people coming to it, because these are problem which people can accept and satisfy with. I think bitcoin don't have any big problem besides that one. and bitcoin going popular every day. I hope one day this problem will fix and every one will be happy with bitcoin. |
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GamingBro
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March 11, 2016, 05:33:35 PM |
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So unstable thing this btc...increasing,decreasing that's the biggest problem. unpredicteble  |
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Daimon88
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March 11, 2016, 06:13:40 PM |
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The relatively slow and annoying confirmation time and specially when there is a spam attack in the network.
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kiloiko
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March 11, 2016, 07:08:29 PM |
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The relatively slow and annoying confirmation time and specially when there is a spam attack in the network.
Completely agree, that is probably the main problem with bitcoin as a network currently, if there is a less controversial way of solving this "except the big increasing block size etc..." then it would be very good. |
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bearexin
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March 11, 2016, 07:24:04 PM |
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the fact that it is being used for some unethical and bad practices annoys me, but again every currency is being used for illegal things from USD to Zimbabwean Dollars "IMO at least"....
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Bitcoinbro
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March 11, 2016, 09:00:47 PM |
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the fact that it is being used for some unethical and bad practices annoys me, but again every currency is being used for illegal things from USD to Zimbabwean Dollars "IMO at least"....
Well yes every currency has to deal with this kind of people. However when i think about innovation and see the bitcoin wallet which looks so outdated, it makes me very sceptic it will become mainstream. It's not nice, and not for the mases. |
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