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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
Imoote
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June 25, 2016, 01:17:41 AM
 #1881

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .
Yes me too, i see many people here are problem is about the transaction confirmations we are all the same we have same problems, we will just hoping for a faster confirmation in the future
Yes really possible if the confirmation of receipt can be done quickly it will make users more comfortable with bitcoin. I too have experienced the constraints of his pending confirmation of acceptance for 5 days and it seems to me very disturbing.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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June 25, 2016, 09:48:11 AM
 #1882

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.
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June 26, 2016, 09:54:15 PM
 #1883

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..
I think an important confirmation. because the transaction may fail. I ever fooled when someone sells bitcoin to me. I paid when unconfirmed because the buyer asked quickly. but after one day the transaction is not yet confirmed at all and bitcoin back to the seller. I do not know how to do it? but confirmation is it important?
cambda
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June 26, 2016, 10:02:00 PM
 #1884

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Imoote
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June 27, 2016, 06:26:31 AM
 #1885

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.
Rise and fall of prices there must be harmed and benefited, it all depends on us. But fluctuations it is necessary to turn bitcoin. The problem I have ever disturbs me maybe just a nuisance when the transaction is delayed for several days.
voztata
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June 27, 2016, 07:11:08 AM
 #1886

Confirmation time

That is the problem with majority of us, but I think it will be resolved in future by the core development team, apart from that I don't see any problem with bitcoin.
Moreover you can send the funds ( I use blockchain and I can spend unconfirmed txn ) even when its unconfirmed, so not really a issue to be worried about, though yes we all hate it.
akosimakulit
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June 27, 2016, 10:51:57 AM
 #1887

The fact that people have so hard time using it. I understand why people hate trying anything new, because of the risks associated. For example, I promised to pay one guy small amount of money as BTC, but he doesn't manage to set up a wallet. It should be fairly easy, but as a non-technical conservative guy I think he fears it. Don't know if there is any easy way to get over that fear. Smiley
heroson
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June 27, 2016, 11:06:21 AM
 #1888

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Yes undoubtedly bitcoin have a problem of  price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.
richmcrich
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June 27, 2016, 12:52:56 PM
 #1889

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.
After a brief checking of what people hats the most about bitcoins is - confirmation time, a bit of security, some people are worried about price fluctuations and some want it to spread.
Kevin77
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June 27, 2016, 08:07:48 PM
 #1890

The biggest problem is that more and more normal people who are not technical should get involved. We need bitcoin to go more mainstream in order for it to gain traction. That is just my personal idea of course.
Truly said because we need simple people who regulate bitcoins and make more and more transaction. But this is because of us and not because of bitcoins. Yes we need to find a way to propagate it to more people.
xht
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hey you, yeah you, fuck you!!!


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June 27, 2016, 08:30:41 PM
 #1891

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Yes undoubtedly bitcoin have a problem of  price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.
I guess the price fluctuations are the main attraction bitcoin so as to attract investors see bitcoin as a profitable investment.

HilbillyFred
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June 27, 2016, 08:48:26 PM
 #1892

My biggest problem with the bitcoin is that it has confirms with payments and when you are using low fee's it really takes a lot of time before someone will receive it...
Its very annoying in my eyes and a big problem..
lister storm
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June 27, 2016, 09:02:36 PM
 #1893

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Yes undoubtedly bitcoin have a problem of  price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.
I guess the price fluctuations are the main attraction bitcoin so as to attract investors see bitcoin as a profitable investment.
i really think that it is true, price fluctuations allow you to make a lot of money in my opinion and this attracts a lot of people to bitcoins right now i think what is really great

my biggest problem with bitcoins is the fact that the confirmations take a really long time to confirm in my opinion, because of that i sometimes have to wait until my deposit counts
Imoote
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June 28, 2016, 05:29:16 AM
 #1894

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Yes undoubtedly bitcoin have a problem of  price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.
I guess the price fluctuations are the main attraction bitcoin so as to attract investors see bitcoin as a profitable investment.
i really think that it is true, price fluctuations allow you to make a lot of money in my opinion and this attracts a lot of people to bitcoins right now i think what is really great

my biggest problem with bitcoins is the fact that the confirmations take a really long time to confirm in my opinion, because of that i sometimes have to wait until my deposit counts
Confirmation is sometimes impaired probably is a problem that we all experience and I too have experienced. Maybe it was a reasonable stay if corrected would have been very much better. I never experienced a problem with the transmission up to 4 days and it was very boring.
ASHLIUSZ
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June 28, 2016, 06:33:01 AM
 #1895

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed
Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.
Yes undoubtedly bitcoin have a problem of  price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.
I guess the price fluctuations are the main attraction bitcoin so as to attract investors see bitcoin as a profitable investment.
i really think that it is true, price fluctuations allow you to make a lot of money in my opinion and this attracts a lot of people to bitcoins right now i think what is really great

my biggest problem with bitcoins is the fact that the confirmations take a really long time to confirm in my opinion, because of that i sometimes have to wait until my deposit counts
Confirmation is sometimes impaired probably is a problem that we all experience and I too have experienced. Maybe it was a reasonable stay if corrected would have been very much better. I never experienced a problem with the transmission up to 4 days and it was very boring.
At a high level, a transaction is confirmed when it is permanently included in the Bitcoin blockchain. The time it takes for this to happen is quite variable-sometimes confirmation may be tens of minutes and sometimes it may take over two hours, but on average it will take about an hour.
Bitcoinbro
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June 28, 2016, 07:39:03 AM
 #1896

My biggest problem with the bitcoin is that it has confirms with payments and when you are using low fee's it really takes a lot of time before someone will receive it...
Its very annoying in my eyes and a big problem..

You should not worry about payment confirmation. When the transaction hit the blockchain consider it done. If you deal with large amounts I would however wait for 6 confirmation to avoid double spends.
DavidoAlto
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June 28, 2016, 07:46:34 AM
 #1897

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.
My biggest bitcoin problem is with the value of it sometimes it just drop that low that we cant do anythings about it and selling is
not the option So we need to keep the price high with each other.
iamtheonlyone
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June 28, 2016, 07:47:41 AM
 #1898

My problems with bitcoin:

Long confirmation times.
Too big blockchain data.
No smart contracts.
Fatanut
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June 28, 2016, 08:26:23 AM
 #1899

I don't have any major problem about bitcoins. I don't mind it when sometimes it takes a long time before you receive a confirmation to a transaction. The price fluctuation might happen so fast for some people but if you check it regularly, you wouldn't be shocked by how much did it rise or if it lowered. I am also through with the newbie phase so I don't think I can be scammed by some regular scammers out there. I have been scammed for a number of times before so I have learned my lesson and I kind of recognize if the person I'm talking to secretly wants to scam me.

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jossiel
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June 28, 2016, 11:23:37 AM
 #1900

My problems with bitcoin:

Long confirmation times.
Too big blockchain data.
No smart contracts.


Long confirmation time is my biggest problem with bitcoin that is only my problem with bitcoin. And with the other things, I'm not still experiencing it maybe in the future if I am experiencing that kind of problem then it will be my problem also.

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