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Author Topic: What's your biggest problem with Bitcoin  (Read 135037 times)
michelle1845
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September 19, 2016, 02:49:24 AM
 #2141

One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.
J Gambler
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September 19, 2016, 02:53:39 AM
 #2142

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.
The trasaction confirmation time because of lots users who sending lots of trasaction everyday thats why there are times that the receiving of bitcoin are super duper delayed and i don't know why and those ponzi website who uses bitcoin to scam people thats it.

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mixan
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September 19, 2016, 03:00:39 AM
 #2143

How easy it is to lose your private key  Lips sealed
It is a long string of alpha-numeric characters so who can memorize theirs and if you write it down or have a hard drive failure then you have lost your access to the coins in that wallet.

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Senor.Bla
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September 19, 2016, 06:28:54 AM
 #2144

How easy it is to lose your private key  Lips sealed
It is a long string of alpha-numeric characters so who can memorize theirs and if you write it down or have a hard drive failure then you have lost your access to the coins in that wallet.
make a copy somewhere else. there are ways so you can change you private key in some words and learn them, but i would not advise you to do that. relying on memory is not often the best solution. many will tell you to just buy an hardware wallet. 

betohell
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September 19, 2016, 06:59:01 AM
 #2145

One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.
I think during the life bitcoin bitcoin will continue to grow and continue to grow with the bitcoin bitcoin will continue to add users so as time goes on I'm sure started a lot of places that will accept bitcoin

Xester
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September 19, 2016, 07:03:25 AM
 #2146

Nothing really.  Maybe because all who were behind bitcoin have done some adjustments and upgrades on what to do for bitcoin to be easily used.  I just think that the problem is the price it usually changes. Grin  And also people are too obsessed with bitcoin and sometimes they become greedy.
JITENDERPAR3
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September 19, 2016, 07:14:19 AM
 #2147

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.
when we send btc on exchange site then it is waiting for confirmation . this is the biggest problem for a trader to trade at exchange site . i hope you will care toward my problem of confirmation.
sishendaoye
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September 19, 2016, 07:45:40 AM
 #2148

My biggest problem with Bitcoin is that when you decide to invest in it that from that point on you have to wait quiet some time.
It can be a while before you start making any money with Bitcoin, that is the only problem that I have with Bitcoin.
uname
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September 19, 2016, 08:01:14 AM
 #2149

One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.
yeah I think that is a problem for all users bitcoin is they can not shop with bitcoin. I think this will be waiting a long time to happen that bitcoin currency can be accepted

torrentheaven
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September 19, 2016, 08:05:57 AM
 #2150

My biggest problem with Bitcoin is that when you decide to invest in it that from that point on you have to wait quiet some time.
It can be a while before you start making any money with Bitcoin, that is the only problem that I have with Bitcoin.

If you want to make money in bitcoin then patience is the key, if you lack patience then there is a full chance that you may get panic and take wrong decision which can result in loss.
dhimasnk
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September 19, 2016, 08:08:37 AM
 #2151

My biggest problem with bitcoin is not having enough bitcoin. yes, bitcoin is a method of investing very attractive and profitable. so, I have tried to gather many bitcoin for investment

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RobinHoodster
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September 19, 2016, 08:28:47 AM
 #2152

Biggest problem of bitcoin i encounter is when my wallet got empty that is my biggest problem but in the transaction nothing bad i can say all is great, fast and very convenient to use it.

Bitcoin transactions are not always that fast though and that is my problem sometimes bitcoin transactions can become stuck and it's annoying to return your money by yourself if you need it quick but other then that I really like bitcoin and the system around it.
co5hike
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September 19, 2016, 08:40:27 AM
 #2153

Biggest problem of bitcoin i encounter is when my wallet got empty that is my biggest problem but in the transaction nothing bad i can say all is great, fast and very convenient to use it.

Bitcoin transactions are not always that fast though and that is my problem sometimes bitcoin transactions can become stuck and it's annoying to return your money by yourself if you need it quick but other then that I really like bitcoin and the system around it.

If you add higher fees then that problem will be solved and even if it delays sometimes then we can afford to manage that as bitcoin is giving us many other benefits, so one problem can be ignored.
John Constantine
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September 20, 2016, 07:39:35 PM
 #2154

The problem which comes to  my mind is surely the process  of adaptation by the general market, where  people will finally be able  to actually use btc for basic  daily life needs.
Prettygirl01315
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September 22, 2016, 11:58:15 AM
 #2155

My biggest problem in bitcoin is in online investment site because too many online investment site are scam for example they are Ponzi and Hyip website. So when I invest in in this kind program. I am probably scam all over again. The other one is in gambling site sometimes when I bet I lost.
agustina2
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September 22, 2016, 06:01:58 PM
 #2156

My biggest problem in bitcoin is in online investment site because too many online investment site are scam for example they are Ponzi and Hyip website. So when I invest in in this kind program. I am probably scam all over again. The other one is in gambling site sometimes when I bet I lost.

Scams are everywhere and that is normal.

The problem there is the people itself. Too much greediness that's why they can easily got trapped in those high promising returns. To gained money work for it rather than to have passive income and earnings without doing nothing.
crairezx20
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September 22, 2016, 06:04:00 PM
 #2157

My biggest problem in bitcoin is in online investment site because too many online investment site are scam for example they are Ponzi and Hyip website. So when I invest in in this kind program. I am probably scam all over again. The other one is in gambling site sometimes when I bet I lost.

Scams are everywhere and that is normal.

The problem there is the people itself. Too much greediness that's why they can easily got trapped in those high promising returns. To gained money work for it rather than to have passive income and earnings without doing nothing.
Yeah those poeple not so wise and they are not thinking first are getting trap from scammers.
Be wise if you are dealing online and think first if why they are giving that service.. before you can start dealing to someone or services..
ekoice
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September 22, 2016, 07:24:24 PM
 #2158

Timing for transaction confirmation is a great issue.

Some governments have not recognised it as legal yet, it is also a issue.

Security of online wallets is a great problem.
bestluck
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September 22, 2016, 09:19:26 PM
 #2159

One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.

bitcoin is a more secure and efficient currency the only thing which is needed we have to invite people to adopt this currency we have to introduce it to our family members and to our other relatives so with that process the community of bitcoin will increase and we will see more people accepting bitcoin as payment.
jonahmarieaton101
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September 25, 2016, 12:36:36 PM
 #2160

Safety of BTC wallet is the most important  Grin Especially online BTC wallets - as we all know. And also well developed hardware wallet safety and fast transaction times  Smiley
Exactly! Safety first. Maybe one of the problem is that, the payment is quiet late but that's normal  Smiley But i trust it, so no reason to have a problem in bitcoin.
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