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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
prtty2gal2
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July 02, 2016, 01:31:30 PM
 #1941

Confirmation time, and the increase of the fee costs.

To confirm the problem is indeed now a pretty serious problem. Because that could be the thing that can make us into loss due to delay confirmation. This could happen because of the stability of the bitcoin is being compromised because the halving, so inevitably this problem will be quickly completed. To increased costs, I think there is no increase in cost for each transaction in the bitcoin
I pretty much don't mind the transaction confirmation times as long as it is confirmed under an hour. As for all my transactions, I've only had one tx confirmation that went over an hour (two hours, actually) but all in all, it doesn't seem to pose any problem for me just yet.
However, some, if not most, businesses/merchants/shops are directly affected of this issue.
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July 02, 2016, 03:43:29 PM
 #1942

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 problem is i cannot reach the 1 btc. Sad it's sad to say. All my bitcoin is gone. Sad because of the gambling. That's my problem right now. I'm addicted with gambling. How can i do now.? Anyone please help me with how to get or how to reach the 1btc.? Because i really need that right now because my family is so tired to looking a money. Sad that's my biggest problem. Help me. And thank you in advance. 😞
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July 02, 2016, 03:52:50 PM
 #1943

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 problem is i cannot reach the 1 btc. Sad it's sad to say. All my bitcoin is gone. Sad because of the gambling. That's my problem right now. I'm addicted with gambling. How can i do now.? Anyone please help me with how to get or how to reach the 1btc.? Because i really need that right now because my family is so tired to looking a money. Sad that's my biggest problem. Help me. And thank you in advance. 😞
well yeah, to be honest gambling is a really big problem of the people and i think that it is a really bad thing to do because it does not give anything but losses in a longer run

my biggest problem with bitcoins that transaction confirmations take that much time to get confirmed, i really dont like it to be honest and i think that it should be improved in the fututre




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July 02, 2016, 05:22:23 PM
 #1944

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
I think that is normal because i always encounter that late/delay in confirmation i think its because of our bitcoin have more securities need to confirm all of our transaction they want to secure all our bitcoin.
Yes and still we can spend bitcoins even when they are not confirmed ( if the transaction has too less fees then you cannot ) . Hence for me confirmation time is never a issue.

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July 02, 2016, 05:55:41 PM
 #1945

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
I think that is normal because i always encounter that late/delay in confirmation i think its because of our bitcoin have more securities need to confirm all of our transaction they want to secure all our bitcoin.
Yes and still we can spend bitcoins even when they are not confirmed ( if the transaction has too less fees then you cannot ) . Hence for me confirmation time is never a issue.
Today I received some bitcoins and to be honest it got confirmed in 10 minutes, so I don't why people always keep on complaining about delay in confirmation time.

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July 02, 2016, 07:08:14 PM
 #1946

My problems with bitcoin:

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

Long confirmation times : Please send proper and sufficient fees and dont just make a habit of complaining. People do struck with same amount of fee (that was used a week back ). You need to set fee based present bitcoin value.

Too big blockchain data : You never forced to use bitcoin-qt or core. Choose light weight wallets.

No smart contracts : Derivatives are only for advanced users. Still lot of third party projects available for this.
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July 02, 2016, 07:38:43 PM
 #1947

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
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July 02, 2016, 08:07:41 PM
 #1948

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
to be honest there are some problems connected with bitcoins, even though i would like to get more bitcoins too , i have some problems connected with it to be honest

my biggest problem with bitcoin is that i dont like waiting for confirmations on my deposit when i put some money in a gambling website or something like that, i think thats the biggest problem

 
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July 02, 2016, 08:11:24 PM
 #1949

For me, the main problem Bitcoin actually like any other deflationary currency is stagnating. Roughly speaking, the growing exchange rate encourages people to not spend money and accumulate them. In addition, the opportunity to profit from a simple moneymaking saves people from having to produce goods and services. The result is a hard crisis of the entire economy, because a society can not live in abundance, when nobody does anything.

this is a big issue with bitcoin and it is slowing down the process of adoption. because people are just holding their coins and are refusing to spend it and in order to become more popular and reaching the adoption stage you should spend bitcoin on services to spread it so the price can really rise and not just get pumped.
Well, not really spending spreads bitcoins to new users. What spreads bitcoins to new users is people, if you do not spend any bitcoins no problem just make a agenda that daily you will educate 5 people about bitcoins. That would indirectly help yourself in my perspective.

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July 02, 2016, 08:49:21 PM
 #1950

my biggest problem on bitcoin is how to get it the easiest way... and also the transactions. sometimes it took too long to confirm..
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July 02, 2016, 08:52:28 PM
 #1951

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.

for me, there are almost no problem with bitcoin, as  i love it so much, and everything is pretty okay, fee is very low usually,  i get/send money very fast too

only problem is sellers, to be correct, sellers that don't accept bitcoins as payment yet, so i can't pay with bitcoins everywhere yet, when i will be able, bitcoin will have no rpoblem for me

 
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July 02, 2016, 09:02:40 PM
 #1952

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.

Bitcoin is a perfect currency for me. Transactions are very fast. More reliable and easy to use. The only problem is that no more countries accept bitcoin. This is the main cause of problem likely in trading.
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July 02, 2016, 09:04:32 PM
 #1953

my biggest problem on bitcoin is how to get it the easiest way... and also the transactions. sometimes it took too long to confirm..

That may not even be Bitcoin's fault as a lot people tend to send very small transactions with a relatively high byte size in combination with a very small fee. Pools simply ignore such transactions for quite a long time.
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July 02, 2016, 09:54:21 PM
 #1954

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
I think if you use bitcoin transactions frequently or you're long in bitcoin. Surely you see there are some shortcomings that exist in bitcoin and I want to have a faster confirmation
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July 02, 2016, 09:57:48 PM
 #1955

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
I think if you use bitcoin transactions frequently or you're long in bitcoin. Surely you see there are some shortcomings that exist in bitcoin and I want to have a faster confirmation

Confirmation is no big deal for me, my confirmations are done in few minutes, the only problem for me at a moment is I cannot find any place where I can spend it.
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July 03, 2016, 07:58:25 AM
 #1956

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
I think if you use bitcoin transactions frequently or you're long in bitcoin. Surely you see there are some shortcomings that exist in bitcoin and I want to have a faster confirmation

Confirmation is no big deal for me, my confirmations are done in few minutes, the only problem for me at a moment is I cannot find any place where I can spend it.
Yes confirmation is the only problem and that too is easy to solve, just pay extra fees. For me, price fluctuations seem a problem. But it can not be called as a problem because some people are earning with it, and would hate a stable price.

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July 03, 2016, 08:13:03 AM
 #1957

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins

So you think if you don't have enough bitcoin. it is the fault of bitcoin?
this is not the problem of bitcoin. if you need to get more and more then prefer your self to get bitcoin. do work, do job and earn bitcoin. and if you have money then buy bitcoin. and your problem will get solved.
and If you think that you come into bitcoin very late that's why you don't have any of it. then let me tell you that. It will never be late. you may missed some opportunities for getting bitcoin but this is not the end of bitcoin. even I believe this is just the starting of bitcoin.
so don't worry about it and start your journey with bitcoin.. and one day you'll have lots of bitcoin for sure.
at last I want to say I also have nothing(just have equal to some $$) but it is not problem for me.
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July 03, 2016, 08:27:44 AM
 #1958

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
I think if you use bitcoin transactions frequently or you're long in bitcoin. Surely you see there are some shortcomings that exist in bitcoin and I want to have a faster confirmation

Confirmation is no big deal for me, my confirmations are done in few minutes, the only problem for me at a moment is I cannot find any place where I can spend it.
Yes i agree with you , here not much you can spend your bitcoin . Maybe only recharge your mobile phone ,pay electric bill , or buying game.
But it's just matter of time , to make the offline shop become accepting the bitcoin.

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July 03, 2016, 08:33:26 AM
 #1959

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 main problem in bitcoin is its annonymousity due to this feature hackers and scammers pop out like mushroom. Thus the rise of security to wallets and investment accounts are at stake. If annonymosity is given attention or if not security is increased then this problems will still be the number one problem of bitcoin users.
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July 03, 2016, 01:23:56 PM
 #1960

The main problem in bitcoin is its annonymousity due to this feature hackers and scammers pop out like mushroom. Thus the rise of security to wallets and investment accounts are at stake. If annonymosity is given attention or if not security is increased then this problems will still be the number one problem of bitcoin users.

You want to make bitcoin more or less anonymous? Because a lot of effort in bitcoin community is to make it trully anonymous, and not merely pseudo-anonymous.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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