What's your biggest problem with Bitcoin

[praprata]

Price movements have been a problem for me so far, as every time my decision of buying or selling goes wrong, I don't know how to overcome it.

I also hate it but keep in mind that because of this you can also make a lot of profit like these days.
Its going up and down you can buy and cash out high with nice profits due to that.

[Ravi Helios]

One of the biggest problem with bitcoin is the confirmation time.

This because nobody can know exactly when the a transaction will be confirmed.

Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.

[Enotche]

For me, the main problem Bitcoin actually like any other deflationary currency is stagnating. Roughly speaking, the growing exchange rate encourages people to not spend money and accumulate them. In addition, the opportunity to profit from a simple moneymaking saves people from having to produce goods and services. The result is a hard crisis of the entire economy, because a society can not live in abundance, when nobody does anything.

[Herbert2020]

For me, the main problem Bitcoin actually like any other deflationary currency is stagnating. Roughly speaking, the growing exchange rate encourages people to not spend money and accumulate them. In addition, the opportunity to profit from a simple moneymaking saves people from having to produce goods and services. The result is a hard crisis of the entire economy, because a society can not live in abundance, when nobody does anything.

this is a big issue with bitcoin and it is slowing down the process of adoption. because people are just holding their coins and are refusing to spend it and in order to become more popular and reaching the adoption stage you should spend bitcoin on services to spread it so the price can really rise and not just get pumped.

[PemburuReceh]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

[elobizph]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

I think that is normal because i always encounter that late/delay in confirmation i think its because of our bitcoin have more securities need to confirm all of our transaction they want to secure all our bitcoin.

[Ravi Helios]

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

[dotajhay]

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

confirmation times is depends on the site that you want to invest in, other site has long confirmation time but other is instant  maybe bitcoin developers will fix that soon.

[delliaerd]

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

confirmation times is depends on the site that you want to invest in, other site has long confirmation time but other is instant  maybe bitcoin developers will fix that soon.

The confirmation time of bitcoin transactions sometimes is delay . But I think it is not too big problem. You just to be more patient, and in my point of view to decrease the that may be add the transaction fees . But there some people that said add some transactions fees is not make big affect.

[agustina2]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

It's depend on the fees applied by the sender.

So if you are always the receiver and always got a slow transaction, you can check the applied fees for it. Also at least 50% above the default fee must be applied in order for you to have a average speed of transaction.

[Grazyah13]

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.

Hi Sipredica, I am glad that you have the want of knowing our concerns regarding the transactions with bitcoins. Actually bitcoin helps a lot but there are cases in which bitcoin turn us down . Majority of people use bitcoins because of the speed of transaction but now Bitcoin is facing a major problem as the time it takes transactions to be processed has increased dramatically leading businesses to stop accepting the cryptocurrency and others to issue warnings that the problems could be terminal.The average time it takes for a bitcoin transaction to be verified is now 43 minutes, and some transactions remain unverified forever. Some of the problem stems from the fact that anyone can add a fee to every bitcoin transaction, which bumps that transaction up in the queue, meaning that those who didn’t pay such a fee — or didn’t pay a sufficiently big fee — may be waiting hours and sometimes even days for a transaction to complete.It is hideous to people who are not that rich and who doesn't have extra bitcoins in their wallet.

[ajun96]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

yeah it's not a big problem for you because you have never experienced the precarious state in which you have to accept bitcoin time? certainly prompt confirmation would be needed? Sometimes if I can not wait I was cursing because sometimes third party sites require 3 confirmation for your bitcoin could enter. and sometimes it takes a long time

[tampazeus]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

yeah it's not a big problem for you because you have never experienced the precarious state in which you have to accept bitcoin time? certainly prompt confirmation would be needed? Sometimes if I can not wait I was cursing because sometimes third party sites require 3 confirmation for your bitcoin could enter. and sometimes it takes a long time

Yeah sometimes it really takes very long time, but I am perfectly fine with it, as bitcoin is providing many benefits which cannot be ignored and it has made life much easier.

[carlisle1]

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

[davis196]

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.

My biggest problem with bitcoin is that i don`t have enough bitcoins.

And sometimes confirmations are too slow and take too much time.This is frustrating.

What kind of product are you developing?A new altcoin?

[Hide_ip112]

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

Indeed the main problem in the bitcoin now this is in confirmation. All people ever or even often get that problem, but it will be a big problem when we conduct transactions within the site that requires confirmation before proceeding to the next step. Hopefully this can be quickly done

[justdimin]

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email

If you are trading bitcoin then price fluctuation should not be a problem for you, as I trade bitcoin and I take best advantage of each and every fluctuation to make profits from it.

Agreed. I think that is the problem for most people that they complain the price fluctuation and this really in actual is not a problem. Fluctuation happens because of the buying and asking bids and this is what makes bitcoins special.

[agustina2]

My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email

If you are trading bitcoin then price fluctuation should not be a problem for you, as I trade bitcoin and I take best advantage of each and every fluctuation to make profits from it.

Agreed. I think that is the problem for most people that they complain the price fluctuation and this really in actual is not a problem. Fluctuation happens because of the buying and asking bids and this is what makes bitcoins special.

And without price fluctuations how come can we earn bitcoins much thru trader? Also all bitcoin users are gaining benefits thru price fluctuations.

People are expecting for skyrocket price but taking price fluctuations as a problem. Without it no more skyrocket price will happen.

[chineseprancing]

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

Yes me too, i see many people here are problem is about the transaction confirmations we are all the same we have same problems, we will just hoping for a faster confirmation in the future

[Imoote]

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

Yes me too, i see many people here are problem is about the transaction confirmations we are all the same we have same problems, we will just hoping for a faster confirmation in the future

Yes really possible if the confirmation of receipt can be done quickly it will make users more comfortable with bitcoin. I too have experienced the constraints of his pending confirmation of acceptance for 5 days and it seems to me very disturbing.