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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
CaterpillarRave
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April 03, 2018, 08:23:45 PM
 #2221

My biggest issue is uncertainty. The price is way too fickle and it's disturbing how a bit of bad or even fake news can send people into a panic and the price comes fallign down
royalfestus
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April 03, 2018, 08:28:19 PM
 #2222

 Governments and central banks reaction to the coin has been of concern for the years of existence. the coin had been doing so well with acceptability by mere well meaning individuals until some reaction of countries governing bodies arose . However, we thought and talk so little of the governments' influence on the coin. If they had done nothing to regulate it, it would have done so well with it decentralized characteristics.

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teejayrichard2
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April 03, 2018, 08:40:53 PM
 #2223

my biggest problem with bitcoin is insecurity, though i have not had any issue with hackers and i hope and pray i don't have any issue but i have heard lots of people complain of their accounts getting hacked every now and then
Roman Coinson
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April 03, 2018, 10:44:38 PM
 #2224

As for me, the biggest problem of bitcoin is slow speed of transaction. It will be the collapse of bitcoin as currency in future.
Kostyan4ek
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April 03, 2018, 11:03:43 PM
 #2225

My biggest problem with bitcoin is that it takes a long time to earn some money but also it takes a long time for the transaction times but i can't really complain because bitcoin is the best thing i've ever had.
DoublerHunter
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April 04, 2018, 01:16:31 AM
 #2226

My biggest problem of bitcoin is being so vulnerable to the FUDs and other rumors, it is a big problem for me because even though the news is not yet confirmed and even it is a bad news that is not a big deal then the market reacts to it and it puts the price into a dumping mode which is a very frustrating thing to see because you will lose money just because of a rumor.
burdagol12345
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April 04, 2018, 01:42:49 AM
 #2227

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.
Actually even,thats bitcoins is so being popular now in crryptocurrency world,maybe sometimes its not perfects and there are times we can struggle or face difficulties of this coins,and in my part the biggest problem that i encounter with bitcoin is this continously drops down its value in the exchange market,and when its dump its creates a biggest lossing in the digital currency system,and even the altcoins will also be affected.
kimberlymingi
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April 04, 2018, 01:54:44 AM
 #2228

Maybe it is the most important thing, which is the security of bitcoin. I think Bitcoin developers must develop an offline wallet, it is better to use than the online one. More secured and reliable anytime and anywhere.
Hopeliza
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April 04, 2018, 01:56:16 AM
 #2229

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.
It's not totally biggest problem for me. But its when bitcoin having a hard time to earn before you got it. And it doesn't have a consistent value. Also the speed of transaction in bitcoin.

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Inovasi87
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April 04, 2018, 01:58:10 AM
 #2230

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.
nikay12
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April 04, 2018, 02:08:37 AM
 #2231

For me its the transaction fees. Sometimes the fee is higher than the amount that I'm going to receive that leads to me to become negative in balance

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jeraldme
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April 04, 2018, 02:11:00 AM
 #2232

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.
Not totally biggest problem, I just only think that when it became stable. So that everybody can used their bitcoins. And paid their bills. Because some people are depending in bitcoin. They depends their income in bitcoin so that we hope that its became stable and the price is getting higher.
JustQueen
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April 04, 2018, 02:13:34 AM
 #2233

It's not so biggest problem it's just a little concern like when Bitcoin decreases it's so slow to rise up the price, so probably we have to wait for a long time to increase the Bitcoin.

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the rise
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April 04, 2018, 02:19:33 AM
 #2234

If bitcoin becomes more popular, its value will be further attenuated by fiat, the government certainly does not want to position their currency under bitcoin, especially USD and many other developed countries. if bitcoin becomes more popular, then we will be a little more difficult to collect bitcoin as it is today. there is one other problem where if bitcoin prices have been above average and even at unreasonable prices, it will be severely curtailed by increasing transaction fees.

Boromon
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April 04, 2018, 02:34:49 AM
 #2235

The biggest problem for me is the transaction times. But i still love it coz bitcoin have small fee and it better than International money transfer, it takes much longer.
josephpogi
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April 05, 2018, 09:46:00 AM
 #2236

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.
Basically the biggest problem is being a pioneer. When you are a pioneer, you feel a little bit alone sometimes, and misunderstood. But being ahead of the pack was never something easy, so I like to look at the positives and think that what im doing now will be understood long the line. Future kids will ask their parents: didn't you see the necessity of Bitcoin?  And I will be one of the few that got it in the early stages.
melekseverce
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April 05, 2018, 09:51:34 AM
 #2237

My problem is that I can't spend it POS style. I can't walk down to my local coffee shop and spend a few to get a product in return. Right now it's possible through services and such to buy most everything that's on the internet with bitcoin, but real-world transactions are a hurdle I can't cross with those services.
elpsycongro
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April 05, 2018, 10:12:43 AM
 #2238

It is obvious that the instability of the course because it is simply unbearable.I'm really worried about it, and I'm sick and tired of being nervous about it every day.

isaevaen
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April 05, 2018, 10:15:20 AM
 #2239

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 biggest problem is that the bitcoins payment are not instant. This makes it impractical for small transactions done in the real world as no one will wait for so long to get the payment confirmed.
MBAPOLIN
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April 05, 2018, 10:22:54 AM
 #2240

For me bigest problem with bitcoin is that the price of bitcoin currently the price is so low, I can't understand should I invest in bitcoin or not.
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