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Author Topic: What's your biggest problem with Bitcoin  (Read 135100 times)
An0nym0us
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July 03, 2016, 01:36:38 PM
 #1961

At a moment I don't have any problem with bitcoin as it is only helping me in various ways and even if it holds some problem or an issue I will prefer to avoid it.
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July 03, 2016, 01:49:13 PM
 #1962

The main problem in bitcoin is its annonymousity due to this feature hackers and scammers pop out like mushroom. Thus the rise of security to wallets and investment accounts are at stake. If annonymosity is given attention or if not security is increased then this problems will still be the number one problem of bitcoin users.

You want to make bitcoin more or less anonymous? Because a lot of effort in bitcoin community is to make it trully anonymous, and not merely pseudo-anonymous.
well bitcoins are not anonymous at all if you dont use any additional services that would allow you to be completely anonymous as bitcoin transactions can be tracked on blockchain

i think my biggest problem with bitcoins is that not a lot of people are actually use bitcoins and not a lot of companies accept it unfortunately i hope there will be more in the future

 
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ning_chang
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July 03, 2016, 02:51:18 PM
 #1963

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 first biggest problem of bitcoin is. I cannot reach the 1 bitcoin before until now. That's my biggest problem. And the second is it is hard to find paying sites. Because most of them is scammer and there's the virus of their sites. And the third is confirmation time and inconsistency sometimes it is few minutes to get first confirmation, sometimes you have to wait half an hour. And the fourth is no finance motivation for running bitcoin core node which cost more and more resources to run and is unusable for home users.
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July 03, 2016, 03:07:21 PM
 #1964

The main problem in bitcoin is its annonymousity due to this feature hackers and scammers pop out like mushroom. Thus the rise of security to wallets and investment accounts are at stake. If annonymosity is given attention or if not security is increased then this problems will still be the number one problem of bitcoin users.

You want to make bitcoin more or less anonymous? Because a lot of effort in bitcoin community is to make it trully anonymous, and not merely pseudo-anonymous.
well bitcoins are not anonymous at all if you dont use any additional services that would allow you to be completely anonymous as bitcoin transactions can be tracked on blockchain

i think my biggest problem with bitcoins is that not a lot of people are actually use bitcoins and not a lot of companies accept it unfortunately i hope there will be more in the future
Bitcoin is not anonymous you can track and at the same time publish your wallet for another people. let's wait for i sure in the future a lot of people and company will accept bitcoin. it's needed we to be patiently about it. the biggest problem is decentralized of bitcoin because it makes a difficult for someone or companies getting a criminal activities for their wallet like a scammer.

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July 03, 2016, 03:45:50 PM
 #1965

At a moment I don't have any problem with bitcoin as it is only helping me in various ways and even if it holds some problem or an issue I will prefer to avoid it.
well i doubt that bitcoin might not make any problems to someone because its a thing that will always have its advantages and disadvantages, to be honest they are nearly equal

my biggest problem with bitcoins is most probably that i cannot make a lot of bitcoins in a short period of time, i think there is also a con that bitcoins are banned in some countries

 
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July 03, 2016, 03:50:38 PM
 #1966

My biggest problem with bitcoin is the price itself. I mean, if the price of bitcoin is really low, it's a big problem for me. Because i earned a living from bitcoin and the good is the bitcoin's price is high right now.
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July 03, 2016, 07:55:36 PM
 #1967

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 first biggest problem of bitcoin is. I cannot reach the 1 bitcoin before until now. That's my biggest problem. And the second is it is hard to find paying sites. Because most of them is scammer and there's the virus of their sites. And the third is confirmation time and inconsistency sometimes it is few minutes to get first confirmation, sometimes you have to wait half an hour. And the fourth is no finance motivation for running bitcoin core node which cost more and more resources to run and is unusable for home users.

You should try chopcoin its a game paying well all you need is a bit lucky and skills, similar agario. Im not finding any problem with confirmations, sure it take a bit time but patiente is the key. The only problem around bitcoin for me is not being able to go market and pay with them just that.
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July 03, 2016, 09:33:54 PM
 #1968

My biggest problem with bitcoin is the price itself. I mean, if the price of bitcoin is really low, it's a big problem for me. Because i earned a living from bitcoin and the good is the bitcoin's price is high right now.

I know how it feels bro, i tried to live on earning from bitcoin when i was a newbie, it was so hard for me. Better to learn how to get good money frist. Grin

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July 03, 2016, 09:57:14 PM
 #1969

My biggest problem with bitcoin is the price itself. I mean, if the price of bitcoin is really low, it's a big problem for me. Because i earned a living from bitcoin and the good is the bitcoin's price is high right now.

I know how it feels bro, i tried to live on earning from bitcoin when i was a newbie, it was so hard for me. Better to learn how to get good money frist. Grin

If you want to earn a living from it then you need to have various ways to earn it and you should keep certain amount in mind, and if you achieve it then you can depend only on bitcoin for living.
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July 03, 2016, 10:05:42 PM
 #1970

My biggest problem with bitcoin is the price itself. I mean, if the price of bitcoin is really low, it's a big problem for me. Because i earned a living from bitcoin and the good is the bitcoin's price is high right now.
WTF this price is already higher than the last 3 years. in fact I think as long as you are in this palng bitcoin high of 2013-2014. btw what price you want you reach ?
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July 04, 2016, 12:14:57 AM
 #1971

At a moment I don't have any problem with bitcoin as it is only helping me in various ways and even if it holds some problem or an issue I will prefer to avoid it.
yeah i also do not have significant problems in bitcoin precisely bitcoin provides many advantages for me? and maybe you'll agree with that. bitcoin provides many advantages for me although btcoin currently has a shortage. I hope the problem can be solved as soon as possible
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July 04, 2016, 04:55:07 AM
 #1972

At a moment I don't have any problem with bitcoin as it is only helping me in various ways and even if it holds some problem or an issue I will prefer to avoid it.
yeah i also do not have significant problems in bitcoin precisely bitcoin provides many advantages for me? and maybe you'll agree with that. bitcoin provides many advantages for me although btcoin currently has a shortage. I hope the problem can be solved as soon as possible

Perhaps no other issue in bitcoin in addition to delivery disruptions. I never experienced a delivery delayed for 4 days and I was distracted. but other than that bitcoin's fine and can provide an advantage for me.
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July 04, 2016, 05:14:51 AM
 #1973

I think just the transaction confirmation is always the problem with bitcoins, It sometimes takes 24 hours before the transaction finishes, That is my problem encountered except scammers that own hyip sites
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July 04, 2016, 05:36:26 AM
 #1974

my biggest problem on bitcoin is how to get it the easiest way... and also the transactions. sometimes it took too long to confirm..
I think the method to obtain bitcoin there are hundreds of ways and all have a level of difficulty of each,
if you do not want to work hard and you just want to use a method that is easy. you can use the faucet. very easy to use its Lol
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July 04, 2016, 06:06:10 AM
 #1975

The problem which i face many time and may be also other users is taking a long time of transaction confirmation. its really made me upset and doubtful about future of bitcoin.

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July 05, 2016, 04:20:38 AM
 #1976

The problem which i face many time and may be also other users is taking a long time of transaction confirmation. its really made me upset and doubtful about future of bitcoin.
Yes indeed correct transaction issue is very disturbing and uncomfortable. I have experienced it when I really need. But it has often happened and I hope it can be overcome in the future.
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July 06, 2016, 03:45:39 AM
 #1977

The problem which i face many time and may be also other users is taking a long time of transaction confirmation. its really made me upset and doubtful about future of bitcoin.
Yes indeed correct transaction issue is very disturbing and uncomfortable. I have experienced it when I really need. But it has often happened and I hope it can be overcome in the future.


For me it is not really a problem at all when we I'm having delay transactions or having hard time with it.
I don't mind it, I just letting it to happen.
And it only take a couple of minutes once a transaction is going to be confirmed.

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July 06, 2016, 04:49:38 AM
 #1978

The problem which i face many time and may be also other users is taking a long time of transaction confirmation. its really made me upset and doubtful about future of bitcoin.
Yes indeed correct transaction issue is very disturbing and uncomfortable. I have experienced it when I really need. But it has often happened and I hope it can be overcome in the future.

There are no issues if you pay proper fees.

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July 06, 2016, 05:06:42 AM
 #1979

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 Embarrassed

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.

This fluctuations are good for traders.  You can take advantage of it being low.  Buying some before the price climbs up again and selling when it begins to drop.   With the current rate going, holding on to what you have may be beneficial

Confirmation time

That is the problem with majority of us, but I think it will be resolved in future by the core development team, apart from that I don't see any problem with bitcoin.
Yes it is also a problem that I have ever experienced as well and it was very disturbing. I also hope that in the future bitcoin can overcome these problems and will evolve so that it can make users feel comfortable.

That's the problem with blockchain I guess and not with bitcoin per se.  Having low level of confidence in transactions requiring multiple confirmation really sucks especially if the time frame reached more than 24 hours instead of being instantaneous.

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July 06, 2016, 05:19:23 AM
 #1980

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 Embarrassed

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.

This fluctuations are good for traders.  You can take advantage of it being low.  Buying some before the price climbs up again and selling when it begins to drop.   With the current rate going, holding on to what you have may be beneficial


Yes for trade Bitcoin price fluctuation is good. If it fluctuates means you can trade easily or else how can we trade. If the price is stable how can we trade? So price fluctuation is not a problem for traders. But if you are gambler then it is an issue for you. Because players can sell their bitcoins whenever they money so in that time price is cheap means it will hurt them.
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