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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
iillaa
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April 14, 2018, 04:11:04 PM
 #2341

high transaction fees is my major problem regarding btc   cuz i do transfer small amount of btc  or like when withdraw from exchanges  that make it hard to lose btc just for those simple tasks  since me and many other in here are small investors  and  for example if i want to transfer 100 $  btc  to an exchange  then trading it then    withdraw it   that will be a very bad idea  and i will simply take loss   and that discourage me from using btc   so i use eth  or wave 

Cheesy
Gheka
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April 14, 2018, 04:26:34 PM
 #2342

For me the biggest problem of bitcoin today, is its unstability of bitcoin, sometimes it rises upward or downward in a random manner, this is the biggest problem bitcoiners are having right now, and it is greatly affecting the economy.
That's a normal thing, bitcoin needs to have what you say because if it does not increase or decrease randomly, we will hardly have the opportunity to accumulate and make money, you should remember that this is an investment, wise people and a good strategy will earn money, people who do not adapt to this will lose money. So, your problem is not a big problem, the biggest problem I think is that the amount of bitcoin that has not been mined has become smaller, I do not know what will happen when that comes

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Ruvindi_
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April 14, 2018, 04:46:35 PM
 #2343

the only problem i had with bitcoin is that i got to know it late. i wish i had bitcoin knowledge back when it came, and yet i still don't have a complete knowledge about bitcoin. basically this problem is a "universal" problem. people only know that bitcoin is a digital currency but they don't know how to make it or the depth of a bitcoin. basically how much a bitcoin worth in dollars. so i think it should be more talked more often and people should be aware of bitcoin.
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April 14, 2018, 04:49:09 PM
 #2344

My biggest problem with bitcoin is there is no legitimate company that can be entrusted with alot of BTC because like others said the problem is security because most of these websites got hacked and sometimes we need to wait for 30 minutes in order for the transaction to get 1 confirmation which is annoying for me.
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April 14, 2018, 05:00:30 PM
 #2345

I hate all the people who use it for scamming. It is like bitcoin is made for scammers, instead of for us.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.
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April 14, 2018, 05:16:36 PM
 #2346

biggest problem is greedy local exchanges that charges too much for withdraws and for trades.

But it is not software's fault.
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April 14, 2018, 05:18:47 PM
 #2347

I read that my problem is not the only and I am not the only one that I have it. But yet I want to tell it. Because most we are and more hope it is to be resolved. It is the much time needed for the confirmation of one transaction. Must wait with the hart in the hand that one transaction be confirmed before something happen. So your bitcoins must be stolen with the duplicate transaction etc. So soon this problem be solved better it will be.
cmacwiz
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April 14, 2018, 05:46:01 PM
 #2348

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.
Bitcoin is accepted in many places and become a more stable currency among other crypto but it has some problem with,  which delay it progress in the economic society. First is understanding about it. Many people still doesn't know how to use it and earn it. Second is its money transaction process, which is too slow in comparison to others. And this put bad impression in its career. Another problem with it is its price which is highly volatile and influence many investors investment. So these are some problem which i know about bitcoin.  Smiley
IsabelCornd
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April 14, 2018, 05:47:06 PM
 #2349

My biggest problem that i'm always late and can't buy bitcoin. When price is low i'm wating utill it high for me already. I want to invest but trying to do this greedy.
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April 14, 2018, 05:55:03 PM
 #2350

The BTC's biggest problem should be security and risk recognition by other countries.


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April 14, 2018, 06:04:08 PM
 #2351

security, high transaction fee
MCM10
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April 14, 2018, 06:10:18 PM
 #2352

I feel that I have no problem with Bitcoin, but I am very happy with this Bitcoin, and because in the Bitcoin community where I gather today it can always help if we do not understand.
Perhaps the biggest problem I've seen is when BTC's Bitcoin price drops very dractically, which makes everyone sad.

And the bigger problem is when Bitcoin is no longer active in the World, which will definitely make my current Bitcoin community go back to work, hopefully my talk will never happen, because I really hope this Bitcoin will continue to grow for the better, from all systems, and all of its programs.
Ianhadi
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April 14, 2018, 06:15:32 PM
 #2353

My biggest problem is that there are too few places to spend it. I want to have more options where to pay and buy. Hope it will improve.
laryillary
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April 14, 2018, 06:34:42 PM
 #2354

The problem of Bitcoin is whether it is money
Strangely enough, but the problem, to which class of assets belongs Bitcoin, has not yet been resolved at the official level. Regulators of most states have not yet bothered to develop an appropriate legal framework for determining the status of a new phenomenon. As a result, it is not recognized as a monetary unit. However, this did not prevent some countries from assigning the status of foreign currency to digital money.
Baby Dragon
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April 14, 2018, 06:40:45 PM
 #2355

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.

I have no immediate problem concerning about bitcoin. But I hope the fluctuations won't exceeds too much from the calculation of my estimation. It is really hard to exactly determine the changes that will occur so it is really fun to invest. I think the problem of bitcoin is on the outside. It has an image to public that sometimes is not good because of many news media sites who don't really confirm their "news".

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MZMARY
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April 14, 2018, 06:43:14 PM
 #2356


All in one voice say that the commissions are too large, and the transaction speed is not fast. It strangely strikes me. And not me alone, most people who bought and made transactions through Bitcoin
White Christmas
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April 14, 2018, 06:46:55 PM
 #2357

I hate all the people who use it for scamming. It is like bitcoin is made for scammers, instead of for us.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.

Yes I hate it also because I already experienced it before. I got scammed by a company in new york and didnt get my money back to me. Another problem with bitcoin was it was limited usage. To use it more you must first convert it first into fiat if you want to buy things or stuffs that you want.



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Rainbot
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April 14, 2018, 07:11:17 PM
 #2358

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 perfect and the system works good. I have never experience any problems with the concerns of bitcoin. But I also wish that the transaction fees of bitcoin to be more cheaper because I want to use it more and buy more products and services in many industries. I also wanted that bitcoin will be open for more companies so we can use it more as a currency. I hope bitcoin will continue to become better and stronger.
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April 14, 2018, 08:06:10 PM
 #2359

My biggest problem in Bitcoin is the undetermined process time of Bitcoin. It actually depends on so many factors and it's really hard to know when will it's being confirmed .
More fee you pay , less time you have to wait but sometimes fee transaction could be a problem also.

I have finished kyc but not get token yet. Telegram @BeansreaL
My Erc-20 address: 0xe3e21e290544471facac5b9fb51127b1a0725710
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April 14, 2018, 09:20:07 PM
 #2360

To be honest i dont have any problems with bitcoins because i think its a perfect currency for this world, the only negative aspect that could be different is the fluctuations of the price though thats not such a bad thing that would make bitcoin very bad.
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