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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
jdmorgan
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May 15, 2016, 05:46:50 AM
 #1581

Nowadays we have found a very long list of Bitcoin problems, maybe the biggest are the following:

- Confirmation time, sometimes it is few minutes to get first confirmation, sometimes you have to wait an hour. But in any case it is not instant like we are usual accustomed

- Centralization of BTC mining

- Non-reverse payments. If you do a mistake, you can't go back.
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justspare
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May 15, 2016, 06:14:06 AM
 #1582

I don't really have any problems with Bitcoin. The transaction times for me are only about 25 minutes which is definitely bearable. Seems that a lot of people hate the transaction times.
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May 15, 2016, 06:16:08 AM
 #1583

lately I'm not too much getting rid of bitcoin. I just always wanted to spend a bitcoin I have, it is very difficult to refrain I did not use my bitcoin for 1 full week
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May 15, 2016, 06:22:03 AM
 #1584

I don't really have any problems with Bitcoin. The transaction times for me are only about 25 minutes which is definitely bearable. Seems that a lot of people hate the transaction times.


That's not a issue. You can increase the faster transaction by increasing fees, My biggest problem with bitcoin is that some of the most attractive service providers in the bitcoin ecosystem don't seem regulatory compliant. This makes me feel unsafe keeping too much money in account with them.  Part of the problem for companies though is the expense.  Servicing US customers is enormously expensive and I don't think this is by accident.
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May 15, 2016, 06:43:27 AM
 #1585

there is no very big problem with the coins I thnk.

Do you wanna say that you never do biggest problem with bitcoin dude ? Yeah you are very great, but keep slow down you will get it nearly. The most user of bitcoin usually have problems with bitcoin, i also have the problem with bitcoin, i think you will come afterward like me and like the other users. Grin Wink

I also do not have a problem with bitcoin, bitcoin is very good so far. the biggest problem of bitcoin in my opinion is about the price. low prices and fluctuating Undecided

bitcoin has a good price man. and it is still increasing after time to time. Do you think 460$ per coin is low price? this is the highest rate of the year. we should be happy with current rate of bitcoin. and the halving also coming after few months. and bitcoin price will raise more.
I am happy with bitcoin.

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betohell
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May 15, 2016, 06:46:59 AM
 #1586

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem

arwin100
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May 16, 2016, 01:30:50 PM
 #1587

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem

i think the biggest problem for bitcoin now is lacking of acceptance and by that many people are still doubting because they dont know where they can use their bitcoin, and bitcoin for now just used for investing savings and paying for transaction although steam accepts bitcoin now but majority of people dont use steam games and if ebay or amazon will accept it  well i really think bitcoin can be called perfect.

VanDeinsberg12
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May 16, 2016, 01:49:28 PM
 #1588

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem

i think the biggest problem for bitcoin now is lacking of acceptance and by that many people are still doubting because they dont know where they can use their bitcoin, and bitcoin for now just used for investing savings and paying for transaction although steam accepts bitcoin now but majority of people dont use steam games and if ebay or amazon will accept it  well i really think bitcoin can be called perfect.
well, for me the biggest problem for bitcoin now is the transaction confirmation it's need taking a more time to make a transaction but for other bitcoin don't have more problem only in transaction confirmation in my opinions .and I fun with bitcoin for now.

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jossiel
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May 16, 2016, 01:50:39 PM
 #1589

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem

i think the biggest problem for bitcoin now is lacking of acceptance and by that many people are still doubting because they dont know where they can use their bitcoin, and bitcoin for now just used for investing savings and paying for transaction although steam accepts bitcoin now but majority of people dont use steam games and if ebay or amazon will accept it  well i really think bitcoin can be called perfect.


I also believe that that's the problem why many still do not know what is good about bitcoin. But the problem with using bitcoin was that there is no cancel button once you send the payment.

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Labumi
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May 16, 2016, 01:57:58 PM
 #1590

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem

i think the biggest problem for bitcoin now is lacking of acceptance and by that many people are still doubting because they dont know where they can use their bitcoin, and bitcoin for now just used for investing savings and paying for transaction although steam accepts bitcoin now but majority of people dont use steam games and if ebay or amazon will accept it  well i really think bitcoin can be called perfect.


I also believe that that's the problem why many still do not know what is good about bitcoin. But the problem with using bitcoin was that there is no cancel button once you send the payment.

The button only applies to paypal, but you don't have to worry about when using Bitcoin. If you want to make sure you always check and search for information in advance about the store, people, etc. that you want to invite transaction. I think if there was a button Cancel chances are this is not efficient, because the existence of these payments is always pending and always in trouble
blackmachinegun
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May 16, 2016, 03:13:00 PM
 #1591

From my experience i ever get a problem with bitcoin when i received a loan from someone else. When the due date i can't repay at the time, so i'm confused how can i repay it. After a few days later I sacrifice my other account to sale. Then repay it. From this case i must be more smart to request  a loan thinking about how to repay it.
Lol I thought it was a private matter to you when you borrow money and you can not pay it lol
may be asked by the OP is a problem related to the system bitcoin or the bitcoin itself? are you any problem with it ?
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May 16, 2016, 04:31:07 PM
 #1592

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem
for personal and community used,bitcoin might have no serious problem,but have you think how bitcoin can use by household and poor people who have no internet access in their area?this is still problem for bitcoin development,and should solved soon.

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May 16, 2016, 06:31:28 PM
 #1593

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem
for personal and community used,bitcoin might have no serious problem,but have you think how bitcoin can use by household and poor people who have no internet access in their area?this is still problem for bitcoin development,and should solved soon.

It's not a problem of bitcoin bro, its general human issue.I feel  limited online shop and goods that can be purchased by using bitcoin and of course security is also becoming one of the things worrying
Zoomer
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May 16, 2016, 11:16:46 PM
 #1594

No problems here. Its the money of the future.
I think if you were to tolerate the problem of fluctuations. then I think you would not find any problem other than that.
because bitcoin is very good and so far I have not found a big problem
for personal and community used,bitcoin might have no serious problem,but have you think how bitcoin can use by household and poor people who have no internet access in their area?this is still problem for bitcoin development,and should solved soon.

It's not a problem of bitcoin bro, its general human issue.I feel  limited online shop and goods that can be purchased by using bitcoin and of course security is also becoming one of the things worrying

Its not an issue of human, its an issue of place where they are living in and even if in 21st century they don't have access to internet and basic things then Government is responsible for that and they should be blamed.
quintiilieo
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May 17, 2016, 03:45:58 AM
 #1595

My biggest problem in was bitcoin has no physical appearance. It is my biggest problem what if bitcoin has no physical appearance how to use it? If it have physical wallet what if the internet gone how we use it? Thats all my problem about so i convert it to fiat so that if that happen i have my money.

Imoote
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May 17, 2016, 05:47:54 AM
 #1596

My biggest problem in was bitcoin has no physical appearance. It is my biggest problem what if bitcoin has no physical appearance how to use it? If it have physical wallet what if the internet gone how we use it? Thats all my problem about so i convert it to fiat so that if that happen i have my money.
Bitcoin is a digital currency and the system like a credit card, so bitcoin will not be the money in my opinion. Bitcoin shopping at some stores can be directly used to buy goods but not many people using bitcoin as a payment. If you want to use the results you can trade bitcoin currency to first so that you can use.
Maybe my problem with bitcoin is when deliveries are having problems and had to wait for many days. It was very disturbing to me.
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May 17, 2016, 09:21:30 AM
 #1597

I do not have many problems with Bitcoin but there is one thing that is bugging me some times. My biggest problem with Bitcoin is that whern the price is stable it can sometimes take forever for the price is get back up again.
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May 17, 2016, 09:28:38 AM
 #1598

My biggest problem in was bitcoin has no physical appearance. It is my biggest problem what if bitcoin has no physical appearance how to use it? If it have physical wallet what if the internet gone how we use it? Thats all my problem about so i convert it to fiat so that if that happen i have my money.


Even bitcoin doesn't have physical appearance but the value is always there. And I think there is already a proposal for bitcoin credit card.
But I don't think it will happen, but the bitgold credit card is real I guess, I just saw it on facebook.

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May 17, 2016, 01:30:22 PM
 #1599

The biggest problem with Bitcoin is that you never know what is going to happen with Bitcoin so you need also to take some risks with Bitcoin and that can be bad.
But of course it is hard to know what is going to happen but you need to take some risks if you want to earn profit.
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May 17, 2016, 01:33:57 PM
 #1600

My biggest problem in was bitcoin has no physical appearance. It is my biggest problem what if bitcoin has no physical appearance how to use it? If it have physical wallet what if the internet gone how we use it? Thats all my problem about so i convert it to fiat so that if that happen i have my money.
i think no physical appearance is not problem for bitcoin,people use credit card and it hase no physical,but its still easy and comfort to used. and if internet goes down,its a problem for bitcoin,so far i dont see any problem solving for this,i wish blockchain create local connection for bitcoin,so we still can use bitcoin when internet goes down.

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