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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
HarHarHar9965
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December 08, 2015, 01:57:51 PM
 #681

One of the biggest problem with bitcoin is the confirmation time.

This because nobody can know exactly when the a transaction will be confirmed.

Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I am thinking transaction time as well as spammers in bitcoin are the biggest problem as I guess. for simple and small also It takes too much of time to get transaction and We didn't any privacy to stop scammers. We need solution for that too.
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December 08, 2015, 02:15:08 PM
 #682

Transaction comfirmation time is a biggest one for me... sometimes I have to wait 1 minute or less, and most time 3h+
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December 08, 2015, 02:15:12 PM
 #683

One of the biggest problem with bitcoin is the confirmation time.

This because nobody can know exactly when the a transaction will be confirmed.

Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I am thinking transaction time as well as spammers in bitcoin are the biggest problem as I guess. for simple and small also It takes too much of time to get transaction and We didn't any privacy to stop scammers. We need solution for that too.
I really hate Bitcoin sometimes when they're doing those network stress tests.
I would be waiting for hours for a single confirmation, completely messing up any purchases made at that time.

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December 08, 2015, 03:08:07 PM
 #684

My biggest problem with bitcoin is the method of obtaining. Maybe i just have bad luck, but I have had issues with this for the entire time I have been using bitcoin. Even with circle, a site that allows you to "instantly buy" has small limits, and their support is terrible. If something does go wrong, have fun waiting a week to get an answer that more than likely won't even solve your problems.

Too bad bitcoin ATMs aren't everywhere!
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December 08, 2015, 03:16:59 PM
 #685



Too bad bitcoin ATMs aren't everywhere!

Bitcoin ATM's here too are not everywhere but it's easy to do withdrawing btc to money. No hassle and fast.

Are those type of services not present on your country?

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December 08, 2015, 03:37:11 PM
 #686

The best part of bitcoin is that it is decentralized, we need the consensus from the community to make a decision. But that is also the biggest problem, it takes too long to reach a consensus.

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ThunderThomas
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December 08, 2015, 03:43:12 PM
 #687

I have no problem with bitcoin, but I just wish ther well be more stores that accept bitcoins.
Or that they are more atm for bitcoins.

mrcashking
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December 08, 2015, 04:02:40 PM
 #688

The best part of bitcoin is that it is decentralized, we need the consensus from the community to make a decision. But that is also the biggest problem, it takes too long to reach a consensus.
That is not the best part ,it is the best trap Wink
It's doesn't takes too long but rather it will never happen cause there will be people always criticizing for one thing or the other.
The biggest problem with bitcoin is it's vulnerability.
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December 08, 2015, 06:55:10 PM
 #689

The best part of bitcoin is that it is decentralized, we need the consensus from the community to make a decision. But that is also the biggest problem, it takes too long to reach a consensus.

May be you're right.
Like Linux has many versions/flavors, we can not have different bitcoin ecosystem just due to decentralized open source system.
Backward compatibility and cost effective to new innovations are the challenges in an one source system to make a consensus.
ivanst776
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December 08, 2015, 07:47:43 PM
 #690

Sometimes bitcoin is attacked by some people that don't want to see bitcoin rising, sometimes the confirmation takes lots of hours up to 2-3 days to be confirmed maybe this is the main problem of bitcoin.
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December 08, 2015, 08:06:28 PM
 #691

Sometimes bitcoin is attacked by some people that don't want to see bitcoin rising, sometimes the confirmation takes lots of hours up to 2-3 days to be confirmed maybe this is the main problem of bitcoin.

If you simply add a fee of at least 1000 satoshi per KB, or 0.0001 BTC in total, then your transaction will get confirmed within 2 blocks. It's that simple. If you for example send 0.001 BTC without a fee, then it may take days.
HarryKPeters
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December 08, 2015, 08:41:27 PM
 #692

For me it is the the amount of scammers that are surrounded with bitcoin. It gives bitcoin a bad name and frightnes potential adopters/ companies to get started with bitcoin.
The way bitcoin works, leaves no dissatisfaction to me.

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December 08, 2015, 08:48:13 PM
 #693

My first and biggest problem with BTC is that I dont have number of coins that i wish. Everything else is ok, confirmation time is ok now, sometimes maybe a little waiting but its nothing serious. I spend my coins on gambling and in that way everything is ok, around me there isn't cofe shops that accept bitcoin ane i would like to go to sit in cafe drink some coffe and maybe beer and to pay all that from my phone....yes that can be cool.

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December 08, 2015, 10:24:36 PM
 #694

my biggest problem with bitcoin is that in my country bitcoin is not supported and recodniized so when i use bitcoin i need to buy something from outside my cuntry
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December 09, 2015, 12:42:39 AM
 #695

My problem is the difficulty increasing alot and small home miners like myself are slowly disappearing.

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December 09, 2015, 12:43:55 AM
 #696

address names. Should be as easy as email
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December 09, 2015, 02:55:23 AM
 #697



Too bad bitcoin ATMs aren't everywhere!

Bitcoin ATM's here too are not everywhere but it's easy to do withdrawing btc to money. No hassle and fast.

Are those type of services not present on your country?
If you're a occasional Bitcoin user or a starter, Bitcoin ATM is the best way to withdraw BTC to fiat. Bitcoin ATM does not require a long time for verification, only an hour on average. Compared to larger exchanges, they would take several days and all the delays from your bank to the exchange. LocalBitcoins would take some time too.

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quentincole32
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December 09, 2015, 02:21:15 PM
 #698

i have so many problem with bitcoin,but i can't clasified it. i just can show it on some sentence.
- transaction delay
- advertise for bitcoin
- legality
- trust exchange
and many more

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December 09, 2015, 02:23:26 PM
 #699

My biggest problem is all the scamming around it, and the whole illegal feeling around bitcoin.
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December 09, 2015, 02:25:00 PM
 #700

Well, the the problem for me is how difficult it can me to obtain and use bitcoin.. ofcours, it really depends on where you come from.
But I am sure it will be better with time Smiley
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