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agamasrori
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June 28, 2016, 01:04:03 PM |
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My biggest problem with Bitcoin is I don't know how to change it to fiat. I don't like to sell my bitcoin to someone because the price will cheaper.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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jossiel
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June 29, 2016, 04:24:06 AM |
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The main problem for me is the uncertainty when confirming transactions. Sometimes it can take hours, sometimes minutes. I also dont like that the fees are not proportionate to the transaction size. A 1BTC transaction can use the same fee as a 0.0001BTC transaction.
That's the problem of almost all of us. The delay of confirming it's transactions maybe is cause by request by many users at the same time. I hope the development team of bitcoin is going to improve it's problem and resolve it. |
Signature for rent
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Enotche
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June 29, 2016, 07:05:43 AM |
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My biggest problem with Bitcoin is uncertainty and fear of fraud. Because I'm afraid to buy online for Bitcoins. I would even say that the fear of fraud, and not by Bitcoin. I'm afraid that will pay for the goods, and the fraudster simply disappear.
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HilbillyFred
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June 29, 2016, 07:14:20 AM |
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my biggest problem with bitcoins are that they are not secured enough so there are allot of hackers who can reach your
coins without doing anything and online payments are also not secured at all.So what he needs to fix is a better security.
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detzaw
Member
 Offline
Activity: 90
Merit: 10
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June 29, 2016, 07:16:47 AM |
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Biggest problem with bitcoin is the increasing numbers of Scammers, Scam sites.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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June 29, 2016, 12:23:52 PM |
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Biggest problem with bitcoin is the increasing numbers of Scammers, Scam sites.
That is one big problem for a long time. This is avoidable though, do some jobs that you think pays right and some good comments to read if it really pays up. Those who take long with this industry are the best one. |
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umaOuma
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June 29, 2016, 12:46:37 PM |
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Biggest problem with bitcoin is the increasing numbers of Scammers, Scam sites.
That's not a problem if you don't invest in it and stay away from it, greedy nature of person allows him to make those mistakes and he gets attracted towards it to make quick money. |
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ning_chang
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June 29, 2016, 12:53:18 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.
Thank you for this conversation. Because i can say my biggest problem. Okay lets start talk about my biggest problem. 😂 my problem is i can't reach 1btc and how many months. This so weird but. It's okay. I won't shy. 😂 Okay. Just like what im said. It is so hard for me to reach 1btc. I am trying to all my strategy idea to get that amount of btc. But it doesn't work. Anyone have any idea or any suggestions to make a 1btc? I don't have any experience to reach that amount. 😂. Because i would like to experience that kind of amount in my btc Wallet. Thank in advance to all answering my problem.  😉😉😉 |
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takingthis4
Sr. Member
Offline
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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June 29, 2016, 12:54:09 PM |
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Biggest problem with bitcoin is the increasing numbers of Scammers, Scam sites.
i doubt that it is such a bad thing, people can just avoid using such things and that would be it in my opinion, it is better to tell everyone that is going to invest into a hyip that it is going to be a scam my biggest problem with bitcoins is that there are really small amount of shops to be honest if there were more of it i would definitely use bitcoins every day buying goods |
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upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
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June 29, 2016, 01:40:55 PM |
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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  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 the price fluctuations and curiosity of guessing it brings entertainment to bitcoins and separate it from others. I think I view it as a opportunity, but for me in bitcoins there is just one problem, sometimes confirmation time, that's it. |
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bitgolden
Legendary
Offline
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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June 29, 2016, 05:13:15 PM |
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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. Yes exactly I was wondering the same, why is confirmation time a problem for most of the guys. We can avoid that by paying a mere 5 cents extra to the transaction, even if not want to pay then still we can spend it. |
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vero
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June 29, 2016, 05:22:33 PM |
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Biggest problem with bitcoin is the increasing numbers of Scammers, Scam sites.
it was not a problem with bitcoin but a problem of our own due not careful in assessing where a safe place to put bitcoin as an investment. for example: where we already know that by investing in ponzi or money game it is very likely to get scam but nonetheless we are investing at there and in the end we say if invest in bitcoin very unsafe. is totally wrong because bitcoin is very safe. |
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Vikingr
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June 29, 2016, 05:30:50 PM |
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My biggest problem with Bitcoin is uncertainty and fear of fraud. Because I'm afraid to buy online for Bitcoins. I would even say that the fear of fraud, and not by Bitcoin. I'm afraid that will pay for the goods, and the fraudster simply disappear.
you should have to check well before paying for any good to any person that how much is that service legitimate. and there are a number of large stores you can visit there and have to buy things there. |
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Barbut
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June 29, 2016, 05:31:04 PM |
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I don`t have any problems with bitcoin, bitcoin is alright, and bitcoin have a potential to become best currency ever. I think just humans can make chaos with everything, in that light even bitcoin is helpless. I think if some group of people decide to destroy all this, they probably have a good chance for that if they are well organized. Maybe that would be impossible, but we are not united. There is many evil people here, and especially around the internet. People can hide behind computers and scam others easily.
Until things become safer for everyone, we need to watch for our self`s. We need to be careful where we send money, and where we invest. To whom we borrow, and to whom we can give our trust.
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prtty2gal2
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June 29, 2016, 05:39:32 PM |
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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 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 the price fluctuations and curiosity of guessing it brings entertainment to bitcoins and separate it from others. I think I view it as a opportunity, but for me in bitcoins there is just one problem, sometimes confirmation time, that's it. The fluctuations is the very lifeblood of earning for us traders so of course, we don't hate it. Rather, we absolutely love it. I would have to agree with the confirmation time as the biggest problem with bitcoin because it has become slower and slower. At times, it takes my transaction to be confirmed at 4 hours which is obviously bad for business because we want instant transactions. |
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oblivi
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June 29, 2016, 06:10:48 PM |
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I don't have any problem with bitcoin. I understand the tradeoffs, I understand the current limitations and Im not concerned about the system eventually getting better and bigger. Bitcoin is solid and its here to stay.
My only problem is I don't own enough of them.
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Kevin77
Legendary
Offline
Activity: 1652
Merit: 1057
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June 30, 2016, 05:49:30 AM |
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I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
Yes its not a big problem but actually its a common problem, and any common problem is the biggest problem in my opinion. If all the community is complaining for slow confirmations, then its a issue we have to admit. But the thing is people are only responsible for this, if they pay high fees then no issues. |
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Imoote
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June 30, 2016, 06:32:32 AM |
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I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
Yes its not a big problem but actually its a common problem, and any common problem is the biggest problem in my opinion. If all the community is complaining for slow confirmations, then its a issue we have to admit. But the thing is people are only responsible for this, if they pay high fees then no issues. Correct me also having problems transactions old and I've sent bitcoin takes up more than 4 days. It was very boring because it is very long. It seems to me a big problem for the convenience of users should be prioritized. Maybe it should be addressed to bitcoin can make users feel comfortable. |
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ning_chang
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June 30, 2016, 06:46:19 AM |
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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.
Thank you for this conversation. Because i can say my biggest problem. Okay lets start talk about my biggest problem. 😂 my problem is i can't reach 1btc and how many months. This so weird but. It's okay. I won't shy. 😂 Okay. Just like what im said. It is so hard for me to reach 1btc. I am trying to all my strategy idea to get that amount of btc. But it doesn't work. Anyone have any idea or any suggestions to make a 1btc? I don't have any experience to reach that amount. 😂. Because i would like to experience that kind of amount in my btc Wallet. |
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Hide_ip112
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June 30, 2016, 06:50:55 AM |
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I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
Yes its not a big problem but actually its a common problem, and any common problem is the biggest problem in my opinion. If all the community is complaining for slow confirmations, then its a issue we have to admit. But the thing is people are only responsible for this, if they pay high fees then no issues. Correct me also having problems transactions old and I've sent bitcoin takes up more than 4 days. It was very boring because it is very long. It seems to me a big problem for the convenience of users should be prioritized. Maybe it should be addressed to bitcoin can make users feel comfortable. I think the problem of confirmation depends on the time you give the Fee in deals that you do, because most of it is now a lot of people are doing transactions (send) use Fee which is not recommended. So look at your transaction Fee |
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