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Author Topic: What's your biggest problem with Bitcoin  (Read 134994 times)
Nowl1935
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May 29, 2016, 09:07:36 AM
 #1721

My biggest problem about bitcoin is about my confirmations, my last transaction time of waiting is 12 hours. My deposit is so late for the event . So thats my problem. ive keep experiencing that until now
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Windpower
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May 29, 2016, 10:32:13 AM
 #1722

Personally I don't have a problem with bitcoin. I think it is great that there is a way for young people at home to make a little pocket money to spend on their games ect..... I must commend bitcoin as they have expanded so much so soon.
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May 29, 2016, 11:06:50 AM
 #1723

The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.
Yes indeed because bitcoin digital currency is very reasonable so do not have a physical form.
Maybe my problem is I never transfer bitcoin and pending for a few days and it was very disturbing to me once.
I think the online currency it is rarely used for buying and selling activities in the offline.
behold paypal? although they've become famous payment method and safe. but no one is using paypal as a payment in offline right?
Will bitcoin would like paypal in futre?

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May 29, 2016, 11:22:56 AM
 #1724

My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.
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May 29, 2016, 11:30:39 PM
 #1725

My biggest problem is I can't spend it on local stores, whether it's online or offline. So, I have to sell it to fiat first if I want to spend it.
I hope in near future bitcoin is accepted as payment in here, that way I can use bitcoin more confinient.
I think it's not a problem mate you can still use a fiat to buy something? for bitcoin is still valuable and has a rate on fiat You can do anything with bitcoin although not shop directly with bitcoin. but you can convert it to a fiat very easily right? and you can buy anything
abel1337
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May 30, 2016, 01:02:31 AM
 #1726

i think there is no big problem on bitcoin, Well if u think impossible  things to do with bitcoin that's big problem. Grin We earn and get profit on it. Soon we can buy grocery by bitcoin it will take some years to make. Learn to adopt with it not expect to make impossible things wit it. Bitcoin is just a cryptocurrency that lots of potential and not a real money to buy with. Smiley
wintermeasures
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May 30, 2016, 01:49:05 AM
 #1727

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.

Yeah I agree, My bigger problem if my country does not allow bitcoin in circulation. Because as many criminals and those who are not responsible to use bitcoin for negative activities. And it's my biggest problem. thank you
trinaldao
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May 30, 2016, 02:26:40 AM
 #1728

My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

it's not mayour concern because we can use other wallet with low space like electrum wallet, multibit HD etc.
i think the problem is so many spamer etwork in blockchain.

INVALID BBCODE: close of unopened tag in table (1)
Digital_Lord
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May 30, 2016, 03:41:43 AM
 #1729

My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.

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KyleSpades
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May 30, 2016, 05:11:04 AM
 #1730

Crazy price peaks, maybe...

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Imoote
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May 30, 2016, 05:44:33 AM
 #1731

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.

Yeah I agree, My bigger problem if my country does not allow bitcoin in circulation. Because as many criminals and those who are not responsible to use bitcoin for negative activities. And it's my biggest problem. thank you
Yes maybe it is a very difficult problem.
Because if the government declares illegal bitcoin is very difficult to use.
So it is not even possible to use it.
blackmachinegun
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May 30, 2016, 06:26:20 AM
 #1732

My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
yeah and I needed a very long time to synchronize wallet one way out is to use another wallet dude.
maybe use electrum. yeah this is the best desktop wallet I think.
now I use two wallets. and one of them is electrum Cheesy
btcltccoins
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May 30, 2016, 09:17:32 AM
 #1733

My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
yeah and I needed a very long time to synchronize wallet one way out is to use another wallet dude.
maybe use electrum. yeah this is the best desktop wallet I think.
now I use two wallets. and one of them is electrum Cheesy


Yes, i also agree to the fact that you dont need to use bitcoin Core, if you have hard disk space issue. Besides Electurm,  Multibit is also a good desktop wallet. No matter which desktop wallets you use just be careful with the private Key. and make sure you do not lose it as you are using two desktop wallets at same time.
bryant.coleman
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May 30, 2016, 09:36:36 AM
 #1734

Yes maybe it is a very difficult problem.
Because if the government declares illegal bitcoin is very difficult to use.
So it is not even possible to use it.

It is not going to happen. Governments can't ban Bitcoin. If they want to ban Bitcoin, then they need to shutdown the entire internet to make that happen. This is one of the advantages with the digital currency. Use a VPN or Tor Browser, and avoid converting your coins to fiat. The government agents will be unable to prove that you are holding Bitcoins.
Ulloa
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May 30, 2016, 10:04:06 AM
 #1735

My biggest problem is I can't spend it on local stores, whether it's online or offline. So, I have to sell it to fiat first if I want to spend it.
I hope in near future bitcoin is accepted as payment in here, that way I can use bitcoin more confinient.
I think it's not a problem mate you can still use a fiat to buy something? for bitcoin is still valuable and has a rate on fiat You can do anything with bitcoin although not shop directly with bitcoin. but you can convert it to a fiat very easily right? and you can buy anything

The biggest problem that you can make with Bitcoin is if you are greedy and the most people is that and that is bad so they are losing money because they dont sell it on the right moment.
Or some people are also making an wrong investment when they have to wait a long time if they can earn some profit with it.
ajun96
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May 30, 2016, 10:14:31 AM
 #1736

Personally I don't have a problem with bitcoin. I think it is great that there is a way for young people at home to make a little pocket money to spend on their games ect..... I must commend bitcoin as they have expanded so much so soon.
probably because you're not like the users who use bitcoin as currency. so maybe you did not experience many problems
because I know some people who use bitcoin for investment or profit most people there just holding or trading.
so you maybe not find big problems
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May 30, 2016, 10:15:52 AM
 #1737

i think there is no big problem on bitcoin, Well if u think impossible  things to do with bitcoin that's big problem. Grin We earn and get profit on it. Soon we can buy grocery by bitcoin it will take some years to make. Learn to adopt with it not expect to make impossible things wit it. Bitcoin is just a cryptocurrency that lots of potential and not a real money to buy with. Smiley

I would say the fluctuations. Obviously it's not bad when they go up but Every-time I decide to finally spend a bit of my coins to buy something I want the price falls which is really annoying so I don't bother as I feel like I'll be losing money using it.
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May 30, 2016, 02:33:27 PM
 #1738

My biggest problem is I can't spend it on local stores, whether it's online or offline. So, I have to sell it to fiat first if I want to spend it.
I hope in near future bitcoin is accepted as payment in here, that way I can use bitcoin more confinient.
I think it's not a problem mate you can still use a fiat to buy something? for bitcoin is still valuable and has a rate on fiat You can do anything with bitcoin although not shop directly with bitcoin. but you can convert it to a fiat very easily right? and you can buy anything

The biggest problem that you can make with Bitcoin is if you are greedy and the most people is that and that is bad so they are losing money because they dont sell it on the right moment.
Or some people are also making an wrong investment when they have to wait a long time if they can earn some profit with it.

Thats just an excuse of anyone not earning with bitcoin because of greediness. Its not a problem of bitcoin of course and its the problem of the person holding it. Making wrong investment is also not a problem of bitcoin. again if a person is not competent and cant figure between right and wrong investment site, whats the fault of bitcoins in it ?
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May 30, 2016, 04:11:32 PM
 #1739

The only real problem for me is the speed at which the confirmations of transactions are being made. The fluctuations I can live with since it means I cal practically earn doing nothing at all though it does entail some amount of risk.
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May 30, 2016, 04:16:48 PM
 #1740

The biggest problem is I cannot use it anywhere and cannot buy anything with it, so I am holding my coins for future and watch where the price lands in future.
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