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Author Topic: What's your biggest problem with Bitcoin  (Read 135092 times)
Cereberus
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September 25, 2016, 12:41:31 PM
 #2161

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.

Timing is not a big deal for me as if you use a wallet like electrum with dynamic fees enabled usually the confirmation times will be faster than other wallets I have tried.

Who cares about governments, they are the true evil and bitcoin is their worst enemy. That's great for me as although some governments try to ban bitcoin, bitcoin cannot really be banned.

That is the worse of all problems but solution to it is very simple. I guess almost everyone of us can afford 0.035 BTC to buy a hardware wallet and keep our coins secure. If not we can use desktop wallets , they are better than online ones.




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Noctis Connor
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September 25, 2016, 12:47:59 PM
 #2162

My biggest problem about bitcoin is I am now on the verge of addiction on earning bitcoin, and the other worst problem also in bitcoin is that I do some gambling. Because of that, I became more lazy and I loss a confidence on finding a real job.  Undecided

Better stop that habit dude. That's not healthy, If you are already in the working age, better work than just collecting bitcoin and gambling what you earn in hope that you are going to earn with that. gambling could really make you lazy, and you figured it out, so better do something. As for me, I don't have that much problem with bitcoin, the only problem I have is to find where I can earn bigger bitcoin.  Smiley
Gambling won't help us in life gambling can wreck our life and i know that we lost and we just wasting our money in nothing like so i decided to stop playing gambling so far i didn't visit any gambling website today and its really cool for me because i really can stay away from any gambling website.
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September 25, 2016, 12:48:13 PM
 #2163

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.
you think you have no problem with bitcoin really?
there is a lot of problem to be complained about how bitcoin have a disadvantages ,
like when you are send money to a wrong address you can cancel it ,
also the offline store seems not ready yet accept bitcoin and many more.
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September 25, 2016, 12:52:54 PM
 #2164

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.
you think you have no problem with bitcoin really?
there is a lot of problem to be complained about how bitcoin have a disadvantages ,
like when you are send money to a wrong address you can cancel it ,
also the offline store seems not ready yet accept bitcoin and many more.

Cancelling it wont be possible that is true. But regarding the retail physical stores it can be managed when time comes. Just need a some adaption from different owners. Some does this already and somehow it works for them.

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September 25, 2016, 01:05:06 PM
 #2165

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.

there are many options to save of bitcoin
if you do not want to save your coin in the online wallet like blokchain or coinbase
you can use the paper wallet, hardware wallet or bitcoin core.

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john2231
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September 25, 2016, 01:08:02 PM
 #2166

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.

there are many options to save of bitcoin
if you do not want to save your coin in the online wallet like blokchain or coinbase
you can use the paper wallet, hardware wallet or bitcoin core.
Well for safety choose electrum wallet or bitcoin core those are legit and well know wallet online.. its more legit than other wallet..
Mine i am using electrum and coinbase is just my external or daily use..
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September 25, 2016, 01:27:05 PM
 #2167

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.

there are many options to save of bitcoin
if you do not want to save your coin in the online wallet like blokchain or coinbase
you can use the paper wallet, hardware wallet or bitcoin core.
Well for safety choose electrum wallet or bitcoin core those are legit and well know wallet online.. its more legit than other wallet..
Mine i am using electrum and coinbase is just my external or daily use..


Yes electrum wallet is really good and same to store your coins, and I am using it since I joined bitcoin industry and never found issue related to security and safety of my coins.
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September 26, 2016, 03:15:58 AM
 #2168

The biggest problem with Bitcoin is the fact that it's actually quite hard to start if you won't put money to start with. The only way that you could start right away on Bitcoin is if you do faucet but that doesn't give you that much money and it would require a lot of effort, as well.

Trading is another way of earning money but the more capital that you have, the more altcoins you can invest into. Offering services or selling goods is also hard to start because you have to establish a good reputation first.

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September 26, 2016, 03:38:04 AM
 #2169

I think the biggest problem of bitcoin was the different bitcoin mining site. Now regarding in my experience problem in bitcoin. So far I don't face any problem in bitcoin. Just you do well in this field of industry there is no reason to face problem and if there is, well that is normal!
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September 26, 2016, 11:42:49 PM
 #2170

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.
you think you have no problem with bitcoin really?
there is a lot of problem to be complained about how bitcoin have a disadvantages ,
like when you are send money to a wrong address you can cancel it ,
also the offline store seems not ready yet accept bitcoin and many more.

Cancelling it wont be possible that is true. But regarding the retail physical stores it can be managed when time comes. Just need a some adaption from different owners. Some does this already and somehow it works for them.
the system like that are trust based system isn't it?
how if one of between buyer and seller have a bad intention ,
and they just won't do the refund / cancel ?
the bitcoin feature like this have more disadvantages instead an advantage imo.
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September 27, 2016, 12:49:14 AM
 #2171

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.
you think you have no problem with bitcoin really?
there is a lot of problem to be complained about how bitcoin have a disadvantages ,
like when you are send money to a wrong address you can cancel it ,
also the offline store seems not ready yet accept bitcoin and many more.

Cancelling it wont be possible that is true. But regarding the retail physical stores it can be managed when time comes. Just need a some adaption from different owners. Some does this already and somehow it works for them.
the system like that are trust based system isn't it?
how if one of between buyer and seller have a bad intention ,
and they just won't do the refund / cancel ?
the bitcoin feature like this have more disadvantages instead an advantage imo.
That's right, can't cancel the transfer from the sending parties. that is very bad... I think I can say more at the disadvantages of bitcoin than advantages.

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September 27, 2016, 03:14:05 AM
 #2172

I don't have a problem in bitcoin so far. As time goes by while learning til now about in it, I'm also enjoying what I'm doing here while play the trading in the exchange platform, due to I multiply my coins faster than I ever thought, which I can earn daily more than a daily rate of an ordinary employee in the office of the company.
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September 27, 2016, 03:17:03 AM
 #2173

How slow it is.. I can't imagine using it like my visa card..

Yes I know about the bitcoin debit cards etc but that's not paying bitcoin directly.


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September 27, 2016, 09:57:51 AM
 #2174

I don't have a problem in bitcoin so far. As time goes by while learning til now about in it, I'm also enjoying what I'm doing here while play the trading in the exchange platform, due to I multiply my coins faster than I ever thought, which I can earn daily more than a daily rate of an ordinary employee in the office of the company.

I am happy to hear about that you have no problem with bitcoin, actually i also have no problem but only one that in my country only a few peoples know about bitcoins, so thats why i can't use my bitcoins in openly. But it is not big problem for me, but i like bitcoin so i also like that a huge people know about the bitcoin in my country. 
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September 27, 2016, 01:09:09 PM
 #2175

How slow it is.. I can't imagine using it like my visa card..

Yes I know about the bitcoin debit cards etc but that's not paying bitcoin directly.



Have been my problem also this past few days. I wonder if this can be cured. They say you have to pay more for it to become faster but how it is done is not yet in my knowledge.
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September 30, 2016, 01:00:53 PM
 #2176

How slow it is.. I can't imagine using it like my visa card..

Yes I know about the bitcoin debit cards etc but that's not paying bitcoin directly.



Have been my problem also this past few days. I wonder if this can be cured. They say you have to pay more for it to become faster but how it is done is not yet in my knowledge.
Technically speaking, bitcoin is instant, You just send the payment and it's done. With bank payment confirmations might take a day or more so the confirmation time is not that slow. I do agree it would be more comfortable if it was faster to get confirmed.

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September 30, 2016, 01:03:18 PM
 #2177

I don't have a problem in bitcoin so far. As time goes by while learning til now about in it, I'm also enjoying what I'm doing here while play the trading in the exchange platform, due to I multiply my coins faster than I ever thought, which I can earn daily more than a daily rate of an ordinary employee in the office of the company.

I am happy to hear about that you have no problem with bitcoin, actually i also have no problem but only one that in my country only a few peoples know about bitcoins, so thats why i can't use my bitcoins in openly. But it is not big problem for me, but i like bitcoin so i also like that a huge people know about the bitcoin in my country. 

Majority of the countries are not aware about bitcoin and if you can convert them easily to fiat then I don't think there is any problem in spending them to buy almost anything.
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September 30, 2016, 01:20:42 PM
 #2178

For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.

Many of the members here dude! are experiencing the same thing like yours, So I think its not the real problem. So for me my problem in bitcoin is investing in cloud mining.
croutonhexagon
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September 30, 2016, 01:27:35 PM
 #2179

The biggest problem is government. Because bitcoin is completely decentralized money and at any time government could ban bitcoin and at that time i will end Toi losing all my bitcoin worth of $70 and these are my hard earned money and i cant afford to lose a single piece out of it. And i have fear of price drop of bitcoin price touch bottom line then also I will have to weep. Hope these don't happen in reality
Capradina
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September 30, 2016, 01:30:23 PM
 #2180

I don't have a problem in bitcoin so far. As time goes by while learning til now about in it, I'm also enjoying what I'm doing here while play the trading in the exchange platform, due to I multiply my coins faster than I ever thought, which I can earn daily more than a daily rate of an ordinary employee in the office of the company.

I am happy to hear about that you have no problem with bitcoin, actually i also have no problem but only one that in my country only a few peoples know about bitcoins, so thats why i can't use my bitcoins in openly. But it is not big problem for me, but i like bitcoin so i also like that a huge people know about the bitcoin in my country. 

Majority of the countries are not aware about bitcoin and if you can convert them easily to fiat then I don't think there is any problem in spending them to buy almost anything.

All it does is going on, but I believe that there is a small percentage of the citizens know the bitcoin and using bitcoin. They're the best contribute to the growth of their country in the bitcoin. I am very pleased the growth very high for bitcoin it would give very positive impact
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