serjent05
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Cashback 15%
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June 23, 2016, 05:04:43 PM |
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I guess the my biggest problem about bitcoin as what alnost everyone here experienced is the confirmation time, that takes so long period of time before I received the bitcoin to my account.
Indeed the main problem now is the problem of confirmation in any transaction. all of this may be the beginning where bitcoin started giving point to problems that need to be completed soon. However I think this wouldn't be a problem, because it will not provide a bitcoin can be detrimental to its users. This is only a minor issue resolved soon and that the Pretty much I agree, the problem is that anyone can bump up in the queue if they pay more than anyone else. As one of the article said, there had been an increasingly problem of unverified transaction since someone with higher fee beats them to the confirmation. This is a problem to me too. I had an experience that it took me 1 whole day before i received my BTC that i withdrawn from my other wallet. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Nevis
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June 23, 2016, 05:14:03 PM |
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Software development team here.
We would like to hear from the community what are the most annoying\frustrating stuff you have with Bitcoin and would love to get a solution for ?
Feel free to talk about any problem, even if it seems unsolvable or too abstract (e.g. Bitcoin is not safe enough for the average user)
Edit:
After reading all the replies, I feel confident summarizing that the #1 problem of Bitcoin is probably lack of adoption.
And the main reasons of lack of adoption are probably ease of use and insufficient security.
We are a team of entrepreneurs and software developers that are going to spend the next following months-year on developing a new product.
One of the most appealing markets for us is the Bitcoin market.
We will try to learn us much as possible from your replies and try to tackle the problems head on.
The problem I have is my bitcoin I can not deposit it in Japan, as no one knows maybe here in japan. |
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Nevis
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June 23, 2016, 05:18:14 PM |
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I have no any problem with bitcoin but things that making me so mad is confirmation time (more than 10 minutes) and aslo that bitcoin is still not accepted everywhere.
and my other problem was that too long attended wallet account. even ripple values, hold still. 😂 ,, how can i fix to. |
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Ravi Helios
Member
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Activity: 100
Merit: 10
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June 23, 2016, 06:06:29 PM |
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My biggest problem with Bitcoin, one which I don't believe can ever be implemented is smart contracts. If the future is cryptocurrency, then the future is a cryptocurrency with smart contracts as I see it.
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co5hike
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June 23, 2016, 06:08:49 PM |
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Price movements have been a problem for me so far, as every time my decision of buying or selling goes wrong, I don't know how to overcome it.
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Bitcoinsummoner
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June 23, 2016, 06:14:27 PM |
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The biggest problem for me in bitcoin right now is less store are accepting bitcoin as payment.. unlike paypal.. this is i thin the best problem about bitcoin.. but i know in the future bitcoin will be popular in some coutries.
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ibh98
Newbie
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Merit: 0
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June 23, 2016, 06:23:23 PM |
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The main problem is unstability of rates.also bitcoin is not available in most countries. so people can't easily buy and sell there
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agustina2
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Activity: 2436
Merit: 1008
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June 23, 2016, 06:26:54 PM |
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The main problem is unstability of rates.also bitcoin is not available in most countries. so people can't easily buy and sell there
Unstability of bitcoin price is the reason why people earns from doing trades. About lack of exchanges, maybe you can check some of online exchanges and see if your country is available. |
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KaliLinux
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June 23, 2016, 07:04:58 PM |
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Not like a problem but sometime it has, Where do i spend my BTC like our regional currency. There too many futures thats not enable in my locality. Transaction confirmation is bit delay because some time we need some bucks in emergency.
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mtnsaa
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Activity: 1568
Merit: 1000
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June 23, 2016, 07:54:26 PM |
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My biggest problem with Bitcoin, one which I don't believe can ever be implemented is smart contracts. If the future is cryptocurrency, then the future is a cryptocurrency with smart contracts as I see it.
Smart contracts are still a very new idea and after the DAO debacle it's clear we are years away of using it for anything in real life where everyday security and laws come in play. |
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takingthis4
Sr. Member
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CryptoTalk.Org - Get Paid for every Post!
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June 23, 2016, 08:02:58 PM |
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The main problem is unstability of rates.also bitcoin is not available in most countries. so people can't easily buy and sell there
i doubt that it is that big of a problem to be honest because the fact that bitcoin is not stable isnt bad at all, in fact it allows you to earn a lot of money out of trading and attracts new people my biggest problem with bitcoins is the fact that confirmations sometimes might be really slow as it might take an hour for bitcoin transaction to be confirmed sometimes |
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gerXhonza
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June 23, 2016, 08:05:35 PM |
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The main problem is unstability of rates.also bitcoin is not available in most countries. so people can't easily buy and sell there
i doubt that it is that big of a problem to be honest because the fact that bitcoin is not stable isnt bad at all, in fact it allows you to earn a lot of money out of trading and attracts new people my biggest problem with bitcoins is the fact that confirmations sometimes might be really slow as it might take an hour for bitcoin transaction to be confirmed sometimes Delay in confirmation is also not a major problem I guess, as only sometimes it gets delay, majority of times its done in maximum 20 minutes and I am very much satisfied with it. |
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sana54210
Legendary
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Activity: 3192
Merit: 1128
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June 23, 2016, 08:24:25 PM |
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I guess the my biggest problem about bitcoin as what alnost everyone here experienced is the confirmation time, that takes so long period of time before I received the bitcoin to my account.
Yeah right, I've been having trouble confirmation stalled for 5 days. Perhaps it should be repaired by bitcoin so that users can feel comfortable. But it does not become a severe problem. That's insane because that just means the miners are not focused on your transaction even if it is high priority so that sucks man sorry but yeah my biggest problem/one of them is definitely the confirmation times. Confirmation stalled for 5 days? Are you legit? The longest confirmation time I ever had was 2 hours. I don't remember the transaction fee I placed but it really was the longest one I had. It's not only the tx fees that makes you high priority, it's also the age of your coins and the size. Those are factors to consider. |
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Cyaren
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June 24, 2016, 01:27:40 AM |
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I guess the my biggest problem about bitcoin as what alnost everyone here experienced is the confirmation time, that takes so long period of time before I received the bitcoin to my account.
Yeah right, I've been having trouble confirmation stalled for 5 days. Perhaps it should be repaired by bitcoin so that users can feel comfortable. But it does not become a severe problem. That's insane because that just means the miners are not focused on your transaction even if it is high priority so that sucks man sorry but yeah my biggest problem/one of them is definitely the confirmation times. Confirmation stalled for 5 days? Are you legit? The longest confirmation time I ever had was 2 hours. I don't remember the transaction fee I placed but it really was the longest one I had. It's not only the tx fees that makes you high priority, it's also the age of your coins and the size. Those are factors to consider. Yeah but that's not always the case like Blockchain has a set amount that it uses and it's always HIGH priority which usually works out well but sometimes it just gets stuck in a "limbo" state that you cannot get out of. |
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randy8777
Legendary
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Activity: 896
Merit: 1000
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June 24, 2016, 02:48:35 AM |
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The biggest problem for me in bitcoin right now is less store are accepting bitcoin as payment.. unlike paypal.. this is i thin the best problem about bitcoin.. but i know in the future bitcoin will be popular in some coutries.
you can choose to use a bitcoin related debit card which will allow you to pay everywhere in the world. you can even use it to withdraw money via an atm if you so wish. the only down side of withdrawing money from atm's with such a debit card, is that the fee is very high. |
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elobizph
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June 24, 2016, 02:58:19 AM |
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For me the biggest problem with Bitcoin. Is that you can lose a lot of money and that is not good. But you can also earn a lot of money with Bitcoin.
But patience is very important. I hope that we can all make some profit later in the future. But you never know, it is hard to predict.
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co5hike
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June 24, 2016, 03:00:35 AM |
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The biggest problem for me in bitcoin right now is less store are accepting bitcoin as payment.. unlike paypal.. this is i thin the best problem about bitcoin.. but i know in the future bitcoin will be popular in some coutries.
you can choose to use a bitcoin related debit card which will allow you to pay everywhere in the world. you can even use it to withdraw money via an atm if you so wish. the only down side of withdrawing money from atm's with such a debit card, is that the fee is very high. Exactly fee is too high at a moment, but still we can afford to have bitcoin debit card as it will be really helpful at the time of emergencies when you are desperate need of money. |
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chineseprancing
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June 24, 2016, 03:02:37 AM |
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Just the transaction confirmation is always the problem with bitcoins, It sometimes takes 24 hours before the transaction finishes, That is my problem encountered except scammers that own hyip sites
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hendra147
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June 24, 2016, 03:11:32 AM |
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my biggest problem is i can't use it in real life, only few real merchand in my country accept bitcoin, also atm bitcoin is very far from my village.
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gerXhonza
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June 24, 2016, 03:25:01 AM |
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my biggest problem is i can't use it in real life, only few real merchand in my country accept bitcoin, also atm bitcoin is very far from my village.
That is the problem that we all are facing at a moment, that we don't find any physical shop where we can spend bitcoins to buy anything, but things will change in future for sure, we need to have patience for that. |
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