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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
BlueStackz
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February 25, 2016, 03:14:20 PM
 #1221

The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.
JAyThaRevo
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February 25, 2016, 03:31:25 PM
 #1222

The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.

Yeah sometimes the confirmation process is too lengthy and it becomes an irritation at the time of emergencies, it would be great if developers comes up with a valid solution to it.
rickadone
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February 25, 2016, 06:36:06 PM
 #1223

my biggest problem with Bitcoin currently i can't spend it for buying my daily needs because not many stores adopt bitcoin as a payment in my country

This kind of problem have been a problem for a quite a time now. There are many who opens stores that accepts bitcoin but I dont think it also last for a long time. Risk in accepting bitcoin may be a problem for this kind of business.
Yes. Accepting bitcoin is pretty risky business. Because of fluctuating bitcoin prices. But for a believer on future of bitcoin, these fluctuating prices are not a concern or a problem. They will simply love it.
barbara44
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February 25, 2016, 06:46:38 PM
 #1224

The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.
My biggest problem with bitcoin was also transaction time. But now I set some 10k satoshi fee, then getting confirmation is just a block generating time. Before I used Electrum auto fee, but now I go manual fee setting.

blackbird307
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February 25, 2016, 07:48:49 PM
 #1225

The problem with bitcoin is that it isn't accepted as widely as we'd like. Not yet anyway.

gallardio
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February 25, 2016, 08:06:44 PM
 #1226

it's not anonymous!!!
blackbird307
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February 25, 2016, 08:21:02 PM
 #1227

it's not anonymous!!!

You have anything you need to hide for? Not suspicious at all.

CryptoBjorn
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February 25, 2016, 08:25:10 PM
 #1228

My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.
vrm86
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February 25, 2016, 09:14:43 PM
 #1229

My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I totally agree. You have to think twice, if any payment you've made today wouldn't be more/less profitable when done tommorow/yesterday etc.

Quote
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.

IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.
jokerrj
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February 25, 2016, 10:51:34 PM
 #1230

My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.

This is the problem with majority of us as we are not sure when to buy it and when to sell it, but until you are a part of bitcoin, this problem would be definitely follow you.

Looking for a long term signature campaign. Pm me
betohell
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February 25, 2016, 11:13:29 PM
 #1231

The biggest problem is with Bitcoin that you never know what to do. I always think when should I buy it or sell it.
Because you dont know how it will happen later in the future and that is not good. You should just have to take the risk if you do something.
wtf you can do everything with bitcoin mate. you can invest. looking for entertainment (women) exotiva.tv, shopping, etc. all you can do with bitcoin

kartaggen
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February 25, 2016, 11:21:54 PM
 #1232

The biggest problem is with Bitcoin that you never know what to do. I always think when should I buy it or sell it.
Because you dont know how it will happen later in the future and that is not good. You should just have to take the risk if you do something.
wtf you can do everything with bitcoin mate. you can invest. looking for entertainment (women) exotiva.tv, shopping, etc. all you can do with bitcoin

Yeah, I think he is not aware about the benefits associated with bitcoins and that is the reason he is complaining about bitcoins, bitcoin is offering us variety of benefits, you just need to have a good research on it.
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February 27, 2016, 08:26:04 PM
 #1233

IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.

I would like the bitcoin to be niche now. So that I can be one of the pioneers. After I invest, it will be big.

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MyBTT
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February 27, 2016, 09:44:00 PM
 #1234

My biggest problem with Bitcoin is the transaction times. It just really pisses me off when I need to send Bitcoin fast and it takes ages to go through.


 
 
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jt byte
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February 27, 2016, 09:45:27 PM
 #1235

IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.

I would like the bitcoin to be niche now. So that I can be one of the pioneers. After I invest, it will be big.

A niche for what?

Anyway my main concern is the wallet. It's just not logic for common people to send money to 12523523523 or so.
Also the wallets needs some graphical improvements. The current layout is just so outdated.
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February 28, 2016, 01:27:15 AM
 #1236

My biggest problem i send my btc to wrong address Sad
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February 28, 2016, 02:49:24 AM
 #1237

The biggest problem that I have with bitcoin is the transaction times. Most of the time I have to wait like half an hour for my transaction to go through.

There was one occasion where I had to wait 3 hours. Also a lot of websites require more than 1 confirmation which is soo annoying as it normally takes over 1 hour.

Another thing that also worries me about bitcoin is the security. I've seen some occasions where people's accounts have got hacked and their money stolen. Online wallets are convenient but dangerous for your balance.
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February 28, 2016, 04:01:25 AM
 #1238

If I had to point one issue I have with bitcoin, it is definitely transaction times. I wish the bitcoins I send were confirmed to the sender's wallet a lot faster. The amount of time for an individual to receive bitcoin is a little longer than I would like it to be.
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February 28, 2016, 04:19:28 AM
 #1239

still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
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February 28, 2016, 04:34:08 AM
 #1240

If I had to point one issue I have with bitcoin, it is definitely transaction times. I wish the bitcoins I send were confirmed to the sender's wallet a lot faster. The amount of time for an individual to receive bitcoin is a little longer than I would like it to be.
I also worry about it. it can make people would not be interested in bitcoin. is it possible be fixed?

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