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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
greBit
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September 30, 2016, 01:30:58 PM
 #2181

For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.

Many of the members here dude! are experiencing the same thing like yours, So I think its not the real problem. So for me my problem in bitcoin is investing in cloud mining.

If you already know that cloud mining is a problem for you then why you still prefer to invest in it, and once you are aware about it then it should not be a problem.
Noctis Connor
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September 30, 2016, 01:35:04 PM
 #2182

Timing for transaction confirmation is a great issue.

Some governments have not recognised it as legal yet, it is also a issue.

Security of online wallets is a great problem.

there are many options to save of bitcoin
if you do not want to save your coin in the online wallet like blokchain or coinbase
you can use the paper wallet, hardware wallet or bitcoin core.
Very true there are more many option to save bitcoins if he really know how to value it and don't spending it too much
if he really want to save bitcoins then try to not to spend too much gambling etc and trading buying nonsense coins and you can do investing waiting while earning
mace15
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October 01, 2016, 02:28:53 AM
 #2183

Bitcoin is a new concept edging its way into the mainstream,
thus, it is not immune to negativity and unfavorable public
perception. It is undeniable that the digital currency has its
enemies, either real people or perceived notions. Though bitcoins
problem is transaction delays.
RoommateAgreement
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October 01, 2016, 03:40:26 AM
 #2184

For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.

Many of the members here dude! are experiencing the same thing like yours, So I think its not the real problem. So for me my problem in bitcoin is investing in cloud mining.

If you already know that cloud mining is a problem for you then why you still prefer to invest in it, and once you are aware about it then it should not be a problem.

many people here seem so desperate to invest their bitcoins in anything they can get their hands on. so since there is not much investment plans available for people to invest their money they choose cloudmining scams and also hiyps scam and lose their money!

Buying the dip...
sabbirshm
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October 09, 2016, 12:42:44 AM
 #2185

Bitcoin is well established cryptocurrency but it has some problems which may solved in future. Firstly hacking or scamming,  for this many people keep distance with bitcoin. They are not satisfied with bitcoins security.For this many people is not touching bitcoin.Another is many country banned bitcoin and shop doesn't accept bitcoin.So we can't use bitcoin in everywhere.
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October 09, 2016, 03:04:17 AM
 #2186

For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.

Many of the members here dude! are experiencing the same thing like yours, So I think its not the real problem. So for me my problem in bitcoin is investing in cloud mining.

If you already know that cloud mining is a problem for you then why you still prefer to invest in it, and once you are aware about it then it should not be a problem.

many people here seem so desperate to invest their bitcoins in anything they can get their hands on. so since there is not much investment plans available for people to invest their money they choose cloudmining scams and also hiyps scam and lose their money!

If you loose in beginning stage then its understood that you mistakenly invested there as you were not aware about the scams as you were new to it but after knowing the fact if you still repeat the same mistake then its really weird.

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noictib
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October 09, 2016, 03:22:07 AM
 #2187

now here i am again with the other problem . i faced two time double deduction problem in blockchain . i was at slow internet connection in chrome browser . when i transferred 0.1btc then two time deduction of 0.1btc and single time successful transfer of 0.1btc . i hope this problem will be solved by your experienced user .
fkvidar
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October 09, 2016, 03:25:16 AM
 #2188

The only problem I find at a moment is that there is no safe place to invest bitcoins, as most of those sites are run by scammers who are having a close watch on your coins and looking for an opportunity to scam you.
goldcoinminer
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October 09, 2016, 08:06:41 AM
 #2189

My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.
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October 09, 2016, 08:09:55 AM
 #2190

My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.

That can be problem in future but as of now we are able to earn bitcoins easily and converting them to fiat is also not a problem and even if Government bans it in future, people will find some other ways out.
Noctis Connor
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October 09, 2016, 09:45:25 AM
 #2191

Bitcoin is well established cryptocurrency but it has some problems which may solved in future. Firstly hacking or scamming,  for this many people keep distance with bitcoin. They are not satisfied with bitcoins security.For this many people is not touching bitcoin.Another is many country banned bitcoin and shop doesn't accept bitcoin.So we can't use bitcoin in everywhere.
if those people had problem regarding on bitcoin they can report it directly into the management of bitcoin society first thing bitcoin is really good income source but the trasaction sometimes it takes time people are not contented on the security of bitcoin? well be contended it always depends on the bitcoin wallet you are using.
dhimasnk
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October 09, 2016, 09:57:25 AM
 #2192

I think I have a problem with price bitcoin. as you know that price bitcoin it is very fluktatif. I never lose a lot because it because I buy bitcoin in high prices and sell at low prices

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alisus
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February 28, 2017, 04:44:49 PM
 #2193

The biggest problem with Bitcoin As the miners I can hardly Getting increasingly difficult, Mine with Faucet only there are some who can be trusted and it takes a very long time Can result cheated by TOPMINE !
after balance Empty have to work again with Faucet Longer time for it
betlord90
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February 28, 2017, 05:03:26 PM
 #2194

My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
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February 28, 2017, 05:13:27 PM
 #2195

My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Maybe you just have a badluck on the transaction you have , It only happen sometimes that bitcoin transaction last for a days before it confirmed. Maybe the remedy you have is try to put an extra balance on your local wallet incase an accident like this happened.

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pinkpanther03
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February 28, 2017, 05:22:54 PM
 #2196

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.
Before my biggest problems issues is always the transaction in the blockchain like what everybody encountered it too. But as time goes by I realized it just something like a normal things happen, because in the end it is still confirmed my transaction.
OrangeII
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February 28, 2017, 06:43:35 PM
 #2197

My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Well, I think it is a problem for everyone who conduct transactions with bitcoin, man. Well, I also was feeling it, but maybe the transaction is confirmed for 24 hours. well, that is quite a long time, but now, I think it is being repaired, and is now getting better.


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roadbits
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February 28, 2017, 07:08:42 PM
 #2198

My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Well, I think it is a problem for everyone who conduct transactions with bitcoin, man. Well, I also was feeling it, but maybe the transaction is confirmed for 24 hours. well, that is quite a long time, but now, I think it is being repaired, and is now getting better.
Yes now it's better the transaction is not taking too much time to confirm. And sometimes your local wallet exchanger will take the time to confirm your transaction, so this is the site issue. I also had a problem like this in local exchanger but now they also improved. sometime your bad luck you will face this type of issues.
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February 28, 2017, 07:56:03 PM
 #2199

My biggest problem with bitcoin is how to earn a lot of it because now the price is high and i can't earn profit in altcoins markets because i'm being stuck up on the higher price because i didn't manage my accounts well for this past few months because i'm too busy at my work. But for now, I'm still fixing my problem and hoping for a great come back this month and a great profit.
dearbesz1219
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February 28, 2017, 08:18:16 PM
 #2200

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.
Since I started in bitcoin, I never encounter any such problems as what others always said in this section.  Because maybe I became so positive into bitcoin even my transaction sometimes is being delayed still its fine with me because in the end it will confirmed and arrived in their destination.
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