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Author Topic: What's your biggest problem with Bitcoin  (Read 135036 times)
chaser15
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February 23, 2016, 09:50:23 AM
 #1181

for me the biggest one is transaction comfirmation times, like for many others.. sometimes it takes few minutes and sometimes hours...

But not always. And even my previous transactions really suffers a long confirmation time it's just fine because one thing for sure it will arrive in my bitcoin wallet 100%.

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extrabyte
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February 23, 2016, 09:58:15 AM
 #1182

but that could be a big problem when you shop something with online shopping service, because the shopping don't done when they don't accept money, if it takes that much time, then might be they don't accept order,,
Bitcoiner2015
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February 23, 2016, 10:10:59 AM
 #1183

for me the biggest one is transaction comfirmation times, like for many others.. sometimes it takes few minutes and sometimes hours...
to send it yes, but not to pay with it. 0 confirmation payments are fine, I have done it several times in restaurants and the payment is always done after 3 seconds or less!
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February 23, 2016, 10:16:57 AM
 #1184

Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.
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February 23, 2016, 10:26:29 AM
 #1185


Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

if you think that bitcoin is much related to illegal actions. it seems you already believe in the hoax media. Did you ever see someone commit a crime with bitcoin?

agree. if you already know a lot about bitcoin, you would not talk that bitcoin easy to hack
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February 23, 2016, 10:45:52 AM
 #1186


Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

if you think that bitcoin is much related to illegal actions. it seems you already believe in the hoax media. Did you ever see someone commit a crime with bitcoin?

agree. if you already know a lot about bitcoin, you would not talk that bitcoin easy to hack
Thats true, even we don't know who is doing or how they are doing. we are just talking about the illegal action without any confirmation.

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February 23, 2016, 10:46:03 AM
 #1187

Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.

fee are more of a problem in the future than confirmation time, because fee will be higher with great adoption, confirmation time it's only upo to the merchants to accept zero fon tx
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February 23, 2016, 12:57:06 PM
 #1188

everything takes some time,just like Bitcoin needs sometime to famous in public, but bitcoin has a great future. 

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barbara44
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February 23, 2016, 01:26:26 PM
 #1189

but that could be a big problem when you shop something with online shopping service, because the shopping don't done when they don't accept money, if it takes that much time, then might be they don't accept order,,
Yes. I think thats the reason why most and big online marketplace don't start accepting bitcoin yet, and this problem also make paypal better then bitcoin, because paypal's transaction done in few seconds,

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February 23, 2016, 01:30:27 PM
 #1190

my biggest problem which was caused recently is the fact that blocks are getting full and as the result, sometimes transactions take longer to confirm.

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February 23, 2016, 01:36:01 PM
 #1191

my biggest problem which was caused recently is the fact that blocks are getting full and as the result, sometimes transactions take longer to confirm.

Transactions are always taking a little bit of time, but they don't take forever.

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February 23, 2016, 02:02:08 PM
 #1192

Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.

It depends on the seller of the product. My buyers don't have a problem because I accept bitcoin payments when they sent an amount with a recommended fee.

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February 23, 2016, 02:40:25 PM
 #1193

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.
Biggest problem is that you dont know what is going to happen. I hope that it will rise for a long time.
And the problem is that you dont know when it will stop. So you should take the risk for when you are going to buy it or sell it.
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February 23, 2016, 03:27:37 PM
 #1194

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.
Biggest problem is that you dont know what is going to happen. I hope that it will rise for a long time.
And the problem is that you dont know when it will stop. So you should take the risk for when you are going to buy it or sell it.

Then how come others getting a decent profits from trades? No person can predict the price but still they can do that.

Im able to do that too.

If you really considered that thing as a problem then you will not really move forward and will just stuck to the idea of that.

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adicted
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February 23, 2016, 10:41:51 PM
 #1195

Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.

That also bothers me thinking that will happen in the near future, buying fast food with bitcoins is really possible in no time. The confirmation time might be a big issue for some. Hope there will be a solution for that, a more instant transaction would be better
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February 23, 2016, 10:42:15 PM
 #1196

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.
Biggest problem is that you dont know what is going to happen. I hope that it will rise for a long time.
And the problem is that you dont know when it will stop. So you should take the risk for when you are going to buy it or sell it.

That will always be a part of bitcoin, we all are aware that bitcoin is unpredictable and we cannot the judge the price of it, so we need to be very sure when to buy and when to sell.
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February 23, 2016, 11:31:55 PM
 #1197

The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.
Biggest problem is that you dont know what is going to happen. I hope that it will rise for a long time.
And the problem is that you dont know when it will stop. So you should take the risk for when you are going to buy it or sell it.

That will always be a part of bitcoin, we all are aware that bitcoin is unpredictable and we cannot the judge the price of it, so we need to be very sure when to buy and when to sell.

Abuse of sig campaigns comes to mind. <wink, wink> And Marshall Long tops off my top three biggest problems.
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February 24, 2016, 06:26:12 AM
 #1198

I think the biggest problem is management of time. because I have another activities, I can't focus on collecting bitcoin

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February 24, 2016, 07:31:39 AM
 #1199

I think the biggest problem is management of time. because I have another activities, I can't focus on collecting bitcoin

It is good if you are also profiting from it. And it is not a problem with bitcoin. It is your problem, ,managing your time depends and you. Well you can always choose what will the best for you.
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February 24, 2016, 08:45:29 AM
 #1200


Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

if you think that bitcoin is much related to illegal actions. it seems you already believe in the hoax media. Did you ever see someone commit a crime with bitcoin?

agree. if you already know a lot about bitcoin, you would not talk that bitcoin easy to hack
Thats true, even we don't know who is doing or how they are doing. we are just talking about the illegal action without any confirmation.
My biggest problem with Bitcoin is that I dont know when to sell it. If you think it is the right value and you want to sell it. You never know of the price will rise after that.
It is very hard to predict for what is going to happen. And buying is easier than sell.

And the value is now rising slowly so what to do ? Just wait ?
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