What's your biggest problem with Bitcoin

[HarHarHar9965]

In the near past my biggest problem with the bitcoin was the long time for transaction to be confirmed but nowadays a block is average being mined within 15 minutes

In my case, I was use to transfer the bitcoins and exchange for fiat in my bank account for long period. suddenly my bank took charges more apart from forex charge. I lost nearly 300$ in that.

this mistake they give statement like this is mark up fees for your transaction they said.

[1715474109]

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[Duomo]

If I have say one thing I dislike about Bitcoin, it is the transaction times, it can take 20+ mins trying to just some coins from one wallet to another. It might not seem like a lot but if you are a business making payments and you would like to cash out your bitcoin as quickly as possible, 20 mins can cause a whole lot of trouble in the volatility of what bitcoins are worth. You might lose 10% or more in the time it takes to convert to Fiat.

[krunox123]

My biggest problem is the time the transactions take to confirm. as I use coinbase, it takes over an hour for the transactions to get confirmed and even while sending money to external wallets, it takes the same amount of time.

It is literally not a big deal to wait the transactions to be confirmed by the network, TBH. Unless it took more than 24 hours to confirm the transaction. But while waiting the Bitcoin price might increase and you can lose some profit though.
As long as my transactions is confirmed by the network, it is fine for me.

[ajun96]

My biggest problem is the time the transactions take to confirm. as I use coinbase, it takes over an hour for the transactions to get confirmed and even while sending money to external wallets, it takes the same amount of time.

It really depends though, sometimes it can literally take hours to confirm and at other times it happens in little more than a minute.
Regardless of the transaction fee that was used.

many people are upset with a confirmation, but we recommend you add the cost fee, instead continued to curse 
I hope bitcoin could be better

[joinal]

My biggest problem is the time the transactions take to confirm. as I use coinbase, it takes over an hour for the transactions to get confirmed and even while sending money to external wallets, it takes the same amount of time.

Sometimes if the sender doesn't add a fee, the transaction is just dropped by the network. It's risky when a transaction doesn't get confirmed and we need to spend the amount again from our wallet.

Yeah. I think it was a thorny problem of bitcoin. many people think that. bitcoin advantage is due to the rapid transaction,
Is this the purpose of the transaction on a fast?
This will actually make a lot of people are not interested, if confirmation is still a very long time

[adibe]

My biggest problem is the time the transactions take to confirm. as I use coinbase, it takes over an hour for the transactions to get confirmed and even while sending money to external wallets, it takes the same amount of time.

^ This, agree with you. Especially for gambler like me who need bitcoin fast if i found a match that potential. it always takes an hour or more. so it's sucks to wait like that.

[Imoote]

My biggest problem is the time the transactions take to confirm. as I use coinbase, it takes over an hour for the transactions to get confirmed and even while sending money to external wallets, it takes the same amount of time.

^ This, agree with you. Especially for gambler like me who need bitcoin fast if i found a match that potential. it always takes an hour or more. so it's sucks to wait like that.

Yes but I think it was faster than the others that take even took days.
Perhaps if the faster it only takes minutes for example it was very good.

[ranochigo]

-snip-
yet your missing the very real fact that bitcoin nodes require SSD's at 10x the cost and 10x less storage capacity, and with more volume / transactions the SSD's simply wont be able to keep up, its simple maths.

Bitcoin nodes do not require SSDs. There is no significant benefits from using SSD other than during the initial synchronization (unless you are running a huge full node). There's 3.84TB SSD that cost $2000+ and it would decrease as time passes. In the future releases, Bitcoin Core would have pruning enabled fully and there would be no problem running Bitcoin Core. Just to remind you, a 1TB hard disk costs $53.

[goinmerry]

I don't have enough

Okay that is like a personal problem.  But thanks you made me smile. I dont have enough too. We are not whales but we are still users who needs to be responsible in using it and how we circulate it.

[elizabethqueen]

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 am sure the most people proble with bicoin is about bitcoin transaction,some people complaint about time confirmation,and other poeple also complaint about delaying some transaction,and i think this is the major problem,how to fix his?

[trickyriky]

-snip-
yet your missing the very real fact that bitcoin nodes require SSD's at 10x the cost and 10x less storage capacity, and with more volume / transactions the SSD's simply wont be able to keep up, its simple maths.

Bitcoin nodes do not require SSDs. There is no significant benefits from using SSD other than during the initial synchronization (unless you are running a huge full node). There's 3.84TB SSD that cost $2000+ and it would decrease as time passes. In the future releases, Bitcoin Core would have pruning enabled fully and there would be no problem running Bitcoin Core. Just to remind you, a 1TB hard disk costs $53.

LMFAO if only you were right ehhh lol, like i said believe me or not thats your hang up, but id happily put a million quid on my statement being true by 2021

to the developers, the ONLY problem with bitcoin is the size of the blockchain, which as far as i know can not be pruned without losing peoples bitcoin, mass adoption would only bloat the blockchain faster, keep it as a niche if you push for mass adoption you will destroy bitcoin, or you will destroy fiat, or as i have stated too many times, they will force digital currency on the masses the networkswont be able to sustain it, and it will be allowed o die, so the 99% become slaves to the elite once more......

keep it as a niche dont push or force adoption, humans are fickle creatures that are not dumb, as long as electricity and internet are controlled by other people the mass's will not adopt....

now to combat these problems we need to shrink the blockchain (somehow) without losing peoples bitcoin, we need access to free electric and we need a giant mesh network with multiple web access points, which is open sourced 798 years of guberment prove we dont need any

[Imoote]

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 am sure the most people proble with bicoin is about bitcoin transaction,some people complaint about time confirmation,and other poeple also complaint about delaying some transaction,and i think this is the major problem,how to fix his?

Bitcoin transactions according to me very quickly and only takes a few minutes. Then traksaksi long do you think it was like?
Maybe if it happens to be repaired is the server and performance, it is only done by the bitcoin only. But I had never felt it so I do not know this is just my opinion.

[onlinedragon]

I think that for new Bitcoin users some things sounds really difficult. You have to learn so much before you start understanding it a bit. Each day I read the forums here and always find new terms and interesting discussions.

[Glucose]

1) confirmation time is too long
2) Increasing fees will be a problem
3) The fact it's really hard to find a place where you can buy something with bitcoins (I'm mostly talking about Europe)
4) When you buy something, you need 1 confirmation to avoid double spending ==> 1) & 3)
5) The fact there are a lot of scammers and ponzi, DD4BC, etc, shadow companies ruining bitcoin reputation.
6) The fact new users will probably try to install bitcoincore and won't be able to use bitcoin easily (that was my first experience - 3 days long trying to synchronize the whole thing)

[jt byte]

My biggest problem with bitcoin is the bad name it has from the news.
Also you can not pay on many websites with bitcoin, that's what I really hate about it.

Though I love bitcoin it has some disadvantages.

[harizen]

My biggest problem with bitcoin is the bad name it has from the news.
Also you can not pay on many websites with bitcoin, that's what I really hate about it.

Though I love bitcoin it has some disadvantages.

Interesting news here you might want to read.

http://www.coindesk.com/europol-no-evidence-linking-islamic-state-to-bitcoin/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

[Amph]

1) confirmation time is too long
2) Increasing fees will be a problem
3) The fact it's really hard to find a place where you can buy something with bitcoins (I'm mostly talking about Europe)
4) When you buy something, you need 1 confirmation to avoid double spending ==> 1) & 3)
5) The fact there are a lot of scammers and ponzi, DD4BC, etc, shadow companies ruining bitcoin reputation.
6) The fact new users will probably try to install bitcoincore and won't be able to use bitcoin easily (that was my first experience - 3 days long trying to synchronize the whole thing)

1) merchants will accept zero conf when the malleability issue will be fixed, if they really want to avoid this issue for their customers

2) this is the only valid concern, but we are talking about a dinstant future were bitcoin is actually adopted

3)not a problem of bitcoin, but merchants and user base

4)again see point 1

5)not a problem of bitcoin, again, newbie need to not invest in such site, if they want to avoid scammers, and don't dl random stuff from the web

6)i think they are lazy to not do the proper research , becaus ethere is anything you need to know in bitcoin.org

[delliaerd]

My biggest problem with bitcoin is the bad name it has from the news.
Also you can not pay on many websites with bitcoin, that's what I really hate about it.

Though I love bitcoin it has some disadvantages.

I think no problem if many websites not receive bitcoin as payment. You only need to exchange your bitcoin into dollars or your currency before you will pay something to that website.

[Pattart]

I don't have enough

Okay that is like a personal problem.  But thanks you made me smile. I dont have enough too. We are not whales but we are still users who needs to be responsible in using it and how we circulate it.

I think every person has a problem as long as he uses bitcoin. you may be lying if no complaints about bitcoin. I myself admit, bitcoin is still not perfect, so there are some problems with bitcoin

[delliaerd]

I don't have enough

Okay that is like a personal problem.  But thanks you made me smile. I dont have enough too. We are not whales but we are still users who needs to be responsible in using it and how we circulate it.

I think every person has a problem as long as he uses bitcoin. you may be lying if no complaints about bitcoin. I myself admit, bitcoin is still not perfect, so there are some problems with bitcoin

That's absolutely right everyone has a problem with bitcoin although only the facilities and services bitcoin.
A natural thing if someone complains about something that is not perfect, nothing is perfect.