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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
Daifotis
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April 01, 2016, 11:44:41 AM
 #1461

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.

Just add some fees to prioritized it. If you want to default the fees then expect some long transaction times. Adjust to it as we are the users rather than bitcoin will adjust for us.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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CryingMidget
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April 01, 2016, 12:43:56 PM
 #1462

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.

Yeah confirmation time is the biggest problem for me also, I have transferred some moondollars from my wallet to localbitcoins wallet, But it is taking too much time to reach there.
I think Once halving done confirmation time between wallet to wallet also will change.
nielaminda
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April 01, 2016, 01:02:04 PM
 #1463

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.

This is because of the bottle neck that has been happening is the 2mb will get added then it will reduce the time for confirmation.
Pattart
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April 01, 2016, 03:18:44 PM
 #1464

Its dependecy OF internet, the lack OF a hard currency AND the slowness ON its transfers
I think it's not a problem because a lot of people say that in the near future the world will be in the digital era. of course all the activities such as financial transactions conducted in online or internet
so natural that relies on the internet bitcoin
delliaerd
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April 01, 2016, 04:03:35 PM
 #1465

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.

Just add some fees to prioritized it. If you want to default the fees then expect some long transaction times. Adjust to it as we are the users rather than uᴉoɔʇᴉq will adjust for us.

Add more fee is good idea but you can solve it happily without spend your money. Just be patient and you will solve it easily.

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numismatist
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April 01, 2016, 04:25:43 PM
 #1466

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.

Just add some fees to prioritized it. If you want to default the fees then expect some long transaction times. Adjust to it as we are the users rather than uᴉoɔʇᴉq will adjust for us.

The biggest obstacle are probably them april fools jokes like turning string patterns upside down utilising UTF8 mirroring technique  Roll Eyes

But second to that I would name "Centralisation". You know from yourself you are not anymore mining Bitc0ins yourselfe at home. It's all centralized now by monopolys. Bitc0in has become like the banks, just worser due to the more massive amount of scamms. Satoshis ideal is dead.

peta4e
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April 01, 2016, 04:32:12 PM
 #1467

Its dependecy OF internet, the lack OF a hard currency AND the slowness ON its transfers
I think it's not a problem because a lot of people say that in the near future the world will be in the digital era. of course all the activities such as financial transactions conducted in online or internet
so natural that relies on the internet uᴉoɔʇᴉq

Yeah every thing gonna be digital in future and I don't think that bitcoin transactions are slow as it is much faster then banks or WU I guess.
CryingMidget
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April 01, 2016, 04:36:22 PM
 #1468

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.


Bitcoin price still unstable, my friend very skeptic about it, no Bitcoin ATM around me or chance to spend Bitcoin funds with local merchants etc.
I can just hope that things will improve soon.
hawkins
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April 01, 2016, 04:58:39 PM
 #1469

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.


uᴉoɔʇᴉq price still unstable, my friend very skeptic about it, no uᴉoɔʇᴉq ATM around me or chance to spend uᴉoɔʇᴉq funds with local merchants etc.
I can just hope that things will improve soon.
many of my friends are also complaining because the price of bitcoin unstable. some of them are people who invest their money to bitcoin, so they complain about the prices sometimes fall dramatically
Imoote
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April 02, 2016, 02:08:04 AM
 #1470

The problem it is with me is the growing transaction times. It should only take 10-30 minutes keyword should but sometimes it takes 45+ minutes especially at slow times of the day where it can take over an hour. I just hope that some better asics come out help battle the difficulty.


uᴉoɔʇᴉq price still unstable, my friend very skeptic about it, no uᴉoɔʇᴉq ATM around me or chance to spend uᴉoɔʇᴉq funds with local merchants etc.
I can just hope that things will improve soon.
many of my friends are also complaining because the price of bitcoin unstable. some of them are people who invest their money to bitcoin, so they complain about the prices sometimes fall dramatically
Yes but according to my experience up and down the price was very reasonable and unreasonable if the price drops dramatically. And it is a problem in some people
It must be handled in order to benefit in bitcoin.
traderbit
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April 02, 2016, 02:14:22 AM
 #1471

My biggest problem with bitcoin was when the stress test was active and my transaction didn't get confirmed, the second one is sending transaction with low fee automatically. About the value the price is unstable which makes me afraid sometimes to invest in bitcoin but there is still a hope for profit.

Kalder
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April 04, 2016, 10:34:41 AM
 #1472

My biggest problem with bitcoin was when the stress test was active and my transaction didn't get confirmed, the second one is sending transaction with low fee automatically. About the value the price is unstable which makes me afraid sometimes to invest in bitcoin but there is still a hope for profit.

I use the Core 0.11 client. I used the option to send the fund within 4 block confirmation, but it still takes about 8 blocks to get the first confirmation.

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April 04, 2016, 10:42:39 AM
 #1473

I feel like the biggest problem with Bitcoin is not bitcoin itself. But the community around it.
Every technical problem and issue could be eliminated when devs, miners and users won't argue about the course of action every time we need to upgrade something.
Bitcoin wars between classic, core, XT are the most problematic issue of bitcoin imo.


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zend7
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April 04, 2016, 11:45:43 AM
 #1474

I feel like the biggest problem with Bitcoin is not bitcoin itself. But the community around it.
Every technical problem and issue could be eliminated when devs, miners and users won't argue about the course of action every time we need to upgrade something.
Bitcoin wars between classic, core, XT are the most problematic issue of bitcoin imo.

That is right. Different people will have different commercial interests. So there will be conflict of interest in the community.
Erzatium
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April 04, 2016, 02:37:57 PM
 #1475

My biggest problem is when i need to travel to some place that no access for internet, and i need to open my uᴉoɔʇᴉq online wallet. Yeah, internet is the biggest problem for me.

you can also buy a cheap simcard with some data on it, just to have access to your mobile wallet. that's what i do when i'm on vacaction if there are no wifi spots. but then again, even if there are wifi spots, it's not really safe to use them in combination with your wallet as the network can be messed with.
The problem is also that you never know what will happen with the value of Bitcoin and that can be really bad and also very risky because sometimes you dont know what to do or sell it or but is and that is hard to make the choice.
Another problem is that there are a lot of people that has not the patience to wait a such a long time to wait for a good price increase, and than they are selling it too early and that can be very bad.

But you just have to wait and see for what is going to happen with Bitcoin and patience is also very important if you using Bitcoin.
BitHodler
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April 04, 2016, 02:57:23 PM
 #1476

I feel like the biggest problem with Bitcoin is not bitcoin itself. But the community around it.
Every technical problem and issue could be eliminated when devs, miners and users won't argue about the course of action every time we need to upgrade something.
Bitcoin wars between classic, core, XT are the most problematic issue of bitcoin imo.

Exactly this. I myself don't have any problems with Bitcoin as it is right now.

My usage at the moment is just spending and holding, so there is nothing that can be bothering me.

I think that we will keep the rivalry between several Bitcoin fork groups. This has started and will not stop.

BSV is not the real Bcash. Bcash is the real Bcash.
joinal
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April 04, 2016, 03:02:07 PM
 #1477

My biggest problem with bitcoin was when the stress test was active and my transaction didn't get confirmed, the second one is sending transaction with low fee automatically. About the value the price is unstable which makes me afraid sometimes to invest in bitcoin but there is still a hope for profit.
i think the fluctuation is the first thing you should consider before plunging and joined forces to invest in bitcoin, because it will always accompany fluctuations in price movements bitcoin
so I think unstable is the basic problem of bitcoin

quentincole32
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April 04, 2016, 05:31:15 PM
 #1478

My bigest problem that i can't understand why i am always losing gambing it's so annoying  Grin
Also i want to learn how and when need to mine cause it's requrie a good timing
if you want understand why are you always lose on gambling,the answer is dont play it anymore,you will never lose again.problem solved Grin
just focus to earn bitcoin from signature campaign,dont mine bitcoin because it take high cost.

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beerlover
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April 04, 2016, 06:11:55 PM
 #1479

My biggest problem is when i need to travel to some place that no access for internet, and i need to open my uᴉoɔʇᴉq online wallet. Yeah, internet is the biggest problem for me.

you can also buy a cheap simcard with some data on it, just to have access to your mobile wallet. that's what i do when i'm on vacaction if there are no wifi spots. but then again, even if there are wifi spots, it's not really safe to use them in combination with your wallet as the network can be messed with.
Yes now a days the mobile internet has reached to every where in the world even in third world countries the 3G and 4G internet is available and on a lowest cost, so I think adopt that package it will reduce the problem.

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TheYankeesWin!
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April 04, 2016, 06:24:26 PM
 #1480

Lack of choice to convert to cash basically coinbase is it for me.

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