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Author Topic: What's your biggest problem with Bitcoin  (Read 135036 times)
diodio5
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February 16, 2016, 12:32:49 AM
 #1021

Probably the difficulty in using it compared to other method that require no effort at all like Creditcards and PayPal etc... not that I don't want to use it but that lowers mass adoption of BTC in my opinion.
i think i you compare it with Credit card or paypal in ease of use of course bitcoin easier.
moreover, to create a wallet is very easy, not like making purses on paypal or credit card, it is very complicated
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February 16, 2016, 01:04:02 AM
 #1022

Where I live, it seems that Bitcoin is gaining a lot of exposure.  Maybe in other places it is used and talked about more, but it seems to be where it was 2 years ago where I am.  I think that will gradually improve.
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February 16, 2016, 01:29:38 AM
 #1023

i had problem with bitcoin today because  i didnt transfer my bitcoins to my wallet because of conformarmation problem it took 6 hours for the comfermated  this is really problem if you want to need money urgently and this was my biggest problem with bitcoin.
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February 16, 2016, 01:57:46 AM
 #1024

So far i don't have big problem with bitcoin, the only one my problem is so long waiting confirmation when i transfer something. Because i'm a gambler and i need fast confirmation.
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February 16, 2016, 01:59:21 AM
 #1025

I don't like the fact that bitcoin is used for bad purposes, I know fiat is also used for that but comparing the percentage of illegal use of bitcoin to total use compared to fiat illegal use to total use is not even close. That also affect people's opinions on BTC.
I think. everyone is free to use bitcoin, I know bitcoin very closed, so it is very easy everyone. to use bitcoin in illegal activities, but so be it? we could not resist it. right?
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February 16, 2016, 02:02:06 AM
 #1026

i had problem with bitcoin today because  i didnt transfer my bitcoins to my wallet because of conformarmation problem it took 6 hours for the comfermated  this is really problem if you want to need money urgently and this was my biggest problem with bitcoin.

Your problem solved quickly if you give some higher "fee" of your transaction.
anyway i think im never found any wallet must get 6confirmation before avaible at wallet, 1confrimationis enough to avaible. which wallet you use?


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wikenpp
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February 16, 2016, 08:17:18 AM
 #1027

The biggest problem I have with Bitcoin is that Bitcoin are so unpredictable. And that makes it so scary. You dont know when you must sell or buy it.
If you sell or buy Bitcoin, you must take the risk that you will get profit later. And you dont know if that is worth.
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February 16, 2016, 09:39:36 AM
 #1028

The biggest problem I have with Bitcoin is that Bitcoin are so unpredictable. And that makes it so scary. You dont know when you must sell or buy it.
If you sell or buy Bitcoin, you must take the risk that you will get profit later. And you dont know if that is worth.

Considering that kind of bitcoin price scenario as a problem will really can't take you as matured bitcoiner.

Of course there is no people who can predict what's the price will be but you can see some of them really getting a nice decent earnings.

How they do that? What do you think?

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Kalder
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February 16, 2016, 09:52:28 AM
 #1029

The main problem is the funding of the developers of bitcoin. If they are paid by third parties, they might be biased to that party.

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February 16, 2016, 11:01:13 AM
 #1030

My biggest problem is that the bitcoin has a bad name because of all the media that has said things about the bitcoin.
I also do not like that people get hacked for their wallets.
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February 16, 2016, 11:09:18 AM
 #1031

My biggest problem is that the bitcoin has a bad name because of all the media that has said things about the bitcoin.
I also do not like that people get hacked for their wallets.

So what are you noticed now after hearing some "bad" image in bitcoin? Does it heavily affected some bitcoin users? Let's say to this forum. Does it decrease the morale of a person?

That is not a problem mate. That is usual because bitcoin is money. So whatever bad image that can connect to money also applied to bitcoin or any financial source.

About hacking the wallet thing, well that's is really not a problem too because after all you are the one who can make it secured, at least.

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February 16, 2016, 11:47:16 AM
 #1032

I didn't see any problems with the confirmation.

I know people are just want a quick transaction. Patience is a must especially to those gambling addicts that wants to play in an instant.

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Dekker3D
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February 16, 2016, 11:51:11 AM
 #1033

Together with the long wait for confimation, the biggest problem is the very high difficulty due to the large volume of miners out there.

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February 16, 2016, 12:00:13 PM
 #1034

So far i don't have big problem with bitcoin, the only one my problem is so long waiting confirmation when i transfer something. Because i'm a gambler and i need fast confirmation.
i think some gambling site doesnt need 1 confirmation for deposit mate ?
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February 16, 2016, 12:07:51 PM
 #1035

my biggest problem maybe not much online shop that use bitcoin as payment, it will be more useful if more online shop can accept bitcoin

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February 16, 2016, 12:12:38 PM
 #1036

So far i don't have big problem with bitcoin, the only one my problem is so long waiting confirmation when i transfer something. Because i'm a gambler and i need fast confirmation.
i think some gambling site doesnt need 1 confirmation for deposit mate ?

You are right - confirmation is not necessary for transaction proceeding. Without confirming it's really fast.
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February 16, 2016, 12:56:15 PM
 #1037

Together with the long wait for confimation, the biggest problem is the very high difficulty due to the large volume of miners out there.
Yes, according to my own fair as more and more people are using bitcoin get rather long.
But should be improved so that users feel comfortable bitcoin.
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February 16, 2016, 01:12:54 PM
 #1038

So far i don't have big problem with bitcoin, the only one my problem is so long waiting confirmation when i transfer something. Because i'm a gambler and i need fast confirmation.
I think for 1 confirmation need only 10 minutes. you must be patient dude. its not long time
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February 16, 2016, 04:06:02 PM
 #1039

The biggest problem with Bitcoin is that you never know what can happen and that is difficult to expect when you must buy or sell.
But you must take the risk when you are going to do that. Or you can save money for backup.

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February 16, 2016, 05:09:51 PM
 #1040

The biggest problem with Bitcoin is that you never know what can happen and that is difficult to expect when you must buy or sell.
But you must take the risk when you are going to do that. Or you can save money for backup.
you're right, one problem that obtained when using bitcoin is, when it's time to buy and sell. we do not know when prices rise and when prices were down, probably if not think well, it will make a loss
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