pooya87
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Activity: 3444
Merit: 10546
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May 18, 2016, 03:40:23 AM |
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My biggest problem with Bitcoin would have to be that there's a lot to learn with it. It's not as easy as sending an email or spending/receiving fiat. It can't help with user adoption.
actually learning about bitcoin (as just a user who wants to use bitcoin) is super easy. you don't need to learn about all those technical stuff like how does bitcoin, blockchain, mining, ... work. an end user just have to learn a couple of simple things (which can be skipped even if you use something like coinbase.com) it is just like using credit cards, do you know how they work?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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jossiel
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May 18, 2016, 05:23:05 AM |
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My biggest problem with Bitcoin would have to be that there's a lot to learn with it. It's not as easy as sending an email or spending/receiving fiat. It can't help with user adoption.
I think that's not even a problem, it is a must thing before you are going to use bitcoin. Just like you are going to other country you must know their culture, nature and as well as their currency. It is our responsible to learn to the things we are getting into, just like bitcoins.
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Signature for rent
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praprata
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May 18, 2016, 10:31:55 AM |
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The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
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crossabdd
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Activity: 1316
Merit: 1145
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May 18, 2016, 03:07:19 PM |
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The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Also, a currency needs to be stable, so everyone can use it without worry. yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price.
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chaser15
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Undeads.com - P2E Runner Game
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May 19, 2016, 03:47:58 AM |
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The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Also, a currency needs to be stable, so everyone can use it without worry. yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price. No it's bad if a currency is a stable. It's better to have some pretty fluctuations because it can boost economical growth of a one country. And besides if we are to talk in bitcoin, with this price fluctuation we can able to make profits rather than keeping it as a stable one.
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Herbert2020
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Activity: 1946
Merit: 1137
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May 19, 2016, 05:42:55 AM |
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The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Also, a currency needs to be stable, so everyone can use it without worry. yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price. No it's bad if a currency is a stable. It's better to have some pretty fluctuations because it can boost economical growth of a one country. And besides if we are to talk in bitcoin, with this price fluctuation we can able to make profits rather than keeping it as a stable one. i agree but the stability means small changes and not huge rises and falls like going up to $1000 in a month and come back to $500 and so on. if this huge volatility stops then bitcoin can become more of a currency rather than just an investment.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Altcoinsupporter
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May 19, 2016, 08:54:01 AM |
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My biggest problem with Bitcoin is that you dont know sometimes what to do and that is the problem and that can be risky also because sometimes you are making also the wrong choices. But people that already started to use Bitcoin is risky because Bitcoin itself is a currency.
So you need to take some risks if you want to earn profit with Bitcoin.
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npredtorch
Legendary
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Activity: 1246
Merit: 1049
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May 19, 2016, 09:05:53 AM |
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My biggest problem on bitcoin was when i didn't bought enough of it after reaching a low price of $280. I regret that i didn't buy anything eventhough i have the money on my pocket. Wish that i could go back in time and bought many precious bitcoins then afterwards sell it when halving occur.
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stromma44
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May 19, 2016, 09:08:49 AM |
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My biggest problem on bitcoin was when i didn't bought enough of it after reaching a low price of $280. I regret that i didn't buy anything eventhough i have the money on my pocket. Wish that i could go back in time and bought many precious bitcoins then afterwards sell it when halving occur.
You cannot say it as a problem, but its a mistake of yours that you didn't buy when the price was low, but never the less you can buy it now, as price is gonna rise soon.
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npredtorch
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Activity: 1246
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May 19, 2016, 10:35:34 AM |
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My biggest problem on bitcoin was when i didn't bought enough of it after reaching a low price of $280. I regret that i didn't buy anything eventhough i have the money on my pocket. Wish that i could go back in time and bought many precious bitcoins then afterwards sell it when halving occur.
You cannot say it as a problem, but its a mistake of yours that you didn't buy when the price was low, but never the less you can buy it now, as price is gonna rise soon. Well, actually you're right! My apology. Yes! i'm already keeping my bitcoins now and have bought some more. I hope that bitcoin price will multiply by 10x LOL haha. BTW thanks for clearing it up!
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eddyubachs
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May 19, 2016, 10:38:55 AM |
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Many problems guys, price not rising, price being stable for a long time, can't spend it physically, confirmations taking too long, but still I love bitcoin
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jossiel
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May 19, 2016, 12:01:22 PM |
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Many problems guys, price not rising, price being stable for a long time, can't spend it physically, confirmations taking too long, but still I love bitcoin Don't mind about its price because it is sure that it will increase soon after the halving happens or before it. And the stores soon will going to accept payments with bitcoin and don't think about that because it will just happen suddenly. Then if you love bitcoin you are surely a certified bitcoiner.
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Signature for rent
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xIIImaL
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Activity: 1372
Merit: 1005
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May 19, 2016, 12:08:21 PM |
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Many problems guys, price not rising, price being stable for a long time, can't spend it physically, confirmations taking too long, but still I love bitcoin I don't think price is the problem in my opinion only the problem we have with bitcoin is that sometime it gets confirmation late. I know its not a fault of miners too but its annoying to sit back and wait for the confirmation to come.
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jossiel
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May 19, 2016, 12:28:31 PM |
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Many problems guys, price not rising, price being stable for a long time, can't spend it physically, confirmations taking too long, but still I love bitcoin I don't think price is the problem in my opinion only the problem we have with bitcoin is that sometime it gets confirmation late. I know its not a fault of miners too but its annoying to sit back and wait for the confirmation to come. But as per my experience with bitcoin confirmation that taking too long is not either a problem for me, but I don't know it is also a factor of convenience for transactions that needs to be confirmed immediately.
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Signature for rent
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Fabrizio89
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May 19, 2016, 12:50:54 PM |
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Confirmations are slow
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jossiel
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May 19, 2016, 12:59:28 PM |
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Confirmations are slow
So, most of people here are having problems with confirmations don't worry about that guys, it would soon be change once the demand gets high and more people are getting into bitcoins.
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Signature for rent
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JumperX
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May 19, 2016, 01:04:32 PM |
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Confirmations are slow
So, most of people here are having problems with confirmations don't worry about that guys, it would soon be change once the demand gets high and more people are getting into bitcoins. I don't think confirmation is an major issue, core development team will work on it in future, the only problem is price is stable now and not rising.
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forthewin
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Activity: 23
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May 19, 2016, 01:15:37 PM |
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I've noticed that if I make small transactions with Bitcoin (send a small amount to someone), there is usually a relatively large transaction fee. I've also heard that in the future, fees will increase to pay miners. I see this as a problem.
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agustina2
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Merit: 1008
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May 19, 2016, 06:23:57 PM |
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I've noticed that if I make small transactions with Bitcoin (send a small amount to someone), there is usually a relatively large transaction fee. I've also heard that in the future, fees will increase to pay miners. I see this as a problem.
So better send in a large amount to save transaction fees. And no even miners has to increase the fees that is not a problem. The standard today is around 0.0002btc even it reacehd at 0.001btc still I don't consider it as a problem. It will really be an instant confirmation if the fees is not like that.
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torrentheaven
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May 19, 2016, 06:47:13 PM |
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I cannot spend it anywhere directly to buy anything, everytime I need to convert it to my local currency and then need to spend, I hope things will change rapidly.
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