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Author Topic: What's your biggest problem with Bitcoin  (Read 135063 times)
Uncertaintea
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April 05, 2018, 10:33:34 AM
 #2241

It's just that when the market goes into a bearish state prices tend to stay really really low and then people start panic selling which just drives down the prices further.
Joylee
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April 05, 2018, 10:35:06 AM
 #2242

The biggest problem with Bitcoin is that you never know what will happen with the value of Bitcoin, so you must take risks with it.
imstillthebest
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April 05, 2018, 10:40:53 AM
 #2243

The biggest problem with Bitcoin is that you never know what will happen with the value of Bitcoin, so you must take risks with it.


Do you mean volatility? i dont think being volatile is a huge problem , infact volatility is rather an advantage or a gift for bitcoin because we can use it as tool in order to make the market favor to us. i mean we can buy when the prices are low and we can sell if the value beggins to boom. in my case i think the biggest problem i notice in bitcoin is the adoption or legalization because there are still few countries who cant accept it and they are still doubting or confuse about bitcoin.
ZBBBB
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April 05, 2018, 10:44:01 AM
 #2244

For me, this is the most difficult withdrawal.I hope that over time, all this will happen in a matter of seconds and I will understand how to do it without problems
cpkozak
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April 05, 2018, 11:03:45 AM
 #2245

Before bitcoin can become a widely used currency, there are some challenges that need to be overcome, one of which is related to the transaction costs of the currency. It is absolutely certain that Bitcoin copper transactions are not completely free. In fact it is more expensive to use in payments as it is more commonly used by investors. Fortunately, it seems that this problem is improving.
ogini
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April 05, 2018, 11:12:01 AM
 #2246

If am  to bring this analysis to my country is just 10% of my country people are aware of the word bitcoin,some will tell it is a fraudulent investment, if it is without government regulations.
emanjun
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April 05, 2018, 11:13:22 AM
 #2247

mining competition for sure... but I love anonymous currencies Smiley
For me, my problem was Im not able to get any merits. I wonder on how to get merits. As a newbie my one goal here in btc is to have merits inorder for me to have a bigger steaks in joining bounty campaigns. Having merits is a big advantage because you can gain bigger than anyone who dont have merits.

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Bhalibad
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April 05, 2018, 11:56:27 AM
 #2248

1.) Funding the nodes while remaining highly decentralized and retaining hashpower.

point is, which fees to use? higher current fees or cut from fees from miners? this is really tricky..

The biggest problem of Bitcoin, most people don't understand.Even me I am the new member of Bitcoin but I don't fully understand it. One time when I have riding in a bus some people says about Bitcoin but they don't know on how to become a member of Bitcoin.
 
_Apollon_
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April 09, 2018, 11:55:24 PM
 #2249

The biggest problem with bitcoin is when you bought it and watch the price drop on it.
#polonez
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April 09, 2018, 11:59:14 PM
 #2250

The biggest problem with bitcoin is when you bought it and watch the price drop on it.
Very familiar feeling. You are not alone Smiley
stormbounty
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April 10, 2018, 12:04:29 AM
 #2251

My biggest problem with bitcoin is that it doesnt have smart contract capabilities...yet

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kugmo mura nag bato
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April 10, 2018, 12:17:36 AM
 #2252

My biggest problem in bitcoin is that on how to achieve to get the coins and there value of the bitcoin.
lightning mcqueen
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April 10, 2018, 03:37:44 AM
 #2253

The biggest problem with bitcoin is when you bought it and watch the price drop on it.

My biggest problem in bitcoin is that when I joined the Translation campaign and not being paid. I make effort and time doing translation and at the end will not being paid, it is the bad experience in bitcoin.
Houseman
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April 10, 2018, 02:42:57 PM
 #2254

My biggest problem with bitcoin is on how i can ensure my bitcoin is in a safe place that without the disturbance of the hacker. Although i have only a few bitcoin, but it still worth some money, thus is better have a way to keep my bitcoin safe.

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dragon 88
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April 10, 2018, 03:29:24 PM
 #2255

only a few merchants accepts bitcoins here in our country
even online stores only a few
so most of the time when i receive bitcoins, i convert to our local currency
alamin09
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April 10, 2018, 03:38:43 PM
 #2256

 ;DIn recent there some biggest problem, like many people says this is scam, some country says BTC is scam, so scam is the biggest problem right now.
Then there are some transactional problem, direct selling problem ect...
I Think those are biggest problem for me.. Grin Grin Grin Grin Grin Grin Sad Sad Sad Sad
boddy.dy
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April 11, 2018, 07:16:12 AM
 #2257

I think I don’t have a biggest problem here in bitcoin. I do have some problem but all of those problem encountered were solve. Maybe some people are telling that they have a big problem with bitcoin because some problem were been shift to big problems. Generally if one problem were not given a solution immediately surely it will become a big problem at all. And maybe one of the reason why I don’t encounter a big problem here it’s because before I enter or start here I’d make sure that I already studied the problem that my occur and those problem were been planned for solutions before they arise.   
valentine401
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April 11, 2018, 07:17:48 AM
 #2258

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.

Bitcoins does not really have a problem on it since it was very profitable depending on how you handle your coins by trading in the market, the only problem i can see is that, the transaction fee's and traffic in the block chain that might be fix in the future since technology is growing so fast.
potatocrasher69
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April 11, 2018, 07:38:07 AM
 #2259

Since do exchange with bitcoin is more commonsense than fiat, at that point I have spent more bitcoin to get some stuff than utilizing fiat. That is to say, the effortlessness of bitcoin can make us to be more immoderate. Furthermore, at some point, we require long time to get affirmation for exchange, it will be harder to us when purchase merchandise at that point.
OnceTwiceThird
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April 11, 2018, 07:41:25 AM
 #2260

Biggest problem with bitcoin is why bitcoin have still low price now, when bitcoin will have high price. I am not really trust why bitcoin very cheap price, look at last two month where bitcoin at $20,000 and bitcoin have down to $6,000, whats going on with bitcoin, have something wrong about bitcoin and make bitcoin price down to cheap, anybody know why is happen to bitcoin, I am still can’t think why bitcoin have low right now and very cheap price.
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