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Author Topic: What's your biggest problem with Bitcoin  (Read 135093 times)
Musia
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April 11, 2018, 07:52:00 AM
 #2261

For me it would be convenient if the minimum coin was even smaller. Bitcoin has grown in value even 1 Satoshi has a good price. For me, there is a problem of displaying small amounts.

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Jackmike
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April 11, 2018, 07:57:42 AM
 #2262

My biggest problem in bitcoin is.lots of people using the name of  digital currency or bitcoin to scam other people..
And im affected with that bacause im a mentor,intrepreneur,and leader of investor here in our country.because of the behavior of other people and using the bitcoin name for scamming money of other people.they judge me too..
naldal kaka25
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April 11, 2018, 08:00:52 AM
 #2263

Transaction times are way too slow.
BitPlace
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April 11, 2018, 08:04:39 AM
 #2264

Transaction times are way too slow.
The biggest problem with bitcoin is being a known or a popular.Some people dont know yet about bitcoin.They are not familiar.
kusach01
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April 11, 2018, 08:05:35 AM
 #2265

my biggest problem with it is how difficult it is to keep it secure. Any slight human error could mean losing your Bitcoins either via an incorrectly created backup, or a security breech.
chirst adam94
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April 11, 2018, 08:07:10 AM
 #2266

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..
neerajmittaljii
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April 11, 2018, 08:16:29 AM
 #2267

Confirmation time is a big issue. Once I waited for almost 2 hours to get the necessary 3 confirmations, which are needed for deposits in Local bitcoins. And by that time, the exchange rate declined by 3% and I lost quite a significant amount of money. Normally the 3 confirmations take less than 30 minutes. But in that particular occasion, it took almost 120 mins. Community elitism and how issues are debated, just with the block size debate people have gotten so insane and rude to each other. It is hard to watch and feels like little or no progress
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April 11, 2018, 08:45:09 AM
 #2268

I have issues with the transaction confirmation time but main challenge is the transaction charges, sometimes it makes go crazy. I think something should be done in that direction.
adpinbr
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April 11, 2018, 09:00:50 AM
 #2269

For me the biggest problem of bitcoin today, is its unstability of bitcoin, sometimes it rises upward or downward in a random manner, this is the biggest problem bitcoiners are having right now, and it is greatly affecting the economy.



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Rainbot
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hoavantathan
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April 11, 2018, 09:05:32 AM
 #2270

the transaction confirmation times is too long. hacker always want hack BTC. i want BTC faster, safer.
Musstang
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April 11, 2018, 09:28:02 AM
 #2271

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 it does not grow. And everything else suits me.
If you can somehow influence my problem, I'll be grateful, ha ha.

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franciscoDC
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April 11, 2018, 09:33:16 AM
 #2272

Encountering about transaction confirmation sometimes o didnt see the tx hash of my transaction aand i dont know why.And personaly about guessing about the price on where it goes and when it goes.

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gamaman990
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April 11, 2018, 09:53:37 AM
 #2273

Bitcoin as a money or bitcoin as a platform Smiley
As a money bitcoin is just good it can be better (not perfect)
The problem with bitcoin i think would be that it is not much spreadable to people and people need to know what is bitcoin how it works and that we can trade things for virtual currency(bitcoin)
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April 11, 2018, 10:34:57 AM
 #2274

This is Bitcoiners' biggest problem at the moment, and it's very affecting the economy, because Bitcoin's diminished digits, sometimes up or down randomly,

I do not really believe why Bitcoin prices are so cheap, look at the last two months where Bitcoin is at $ 15,000 and Bitcoin has dropped to $ 7,000, what happened to bitcoin,
Josiah Dave Leonor
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April 11, 2018, 10:41:38 AM
 #2275

biggest problem at the moment,I do have some problem but all of those problem encountered were solve and that point I have spent more bitcoin to get some stuff than utilizing fiat. Generally if one problem were not given a solution immediately surely it will become a big problem at all. That's all i know
PM.coins
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April 11, 2018, 10:43:13 AM
 #2276

 my biggest problem with Bitcoin, I don't know what is the minimum fees to pay and get the transactions confirmed in the next block. The variable block
 time and the number of tx stuck at mempool are all the factors affecting the confirmatin time
laravuemaster
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April 11, 2018, 10:44:23 AM
 #2277

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.

Bitcoins today has ups and down and the price is not always increasing due to the market's volatility, the only problem is that people do not understand how the market works before investing and that is the reason for them to lose a huge amount of profit.

Ahimoth
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April 11, 2018, 10:46:01 AM
 #2278

my biggest problem with it is how difficult it is to keep it secure. Any slight human error could mean losing your Bitcoins either via an incorrectly created backup, or a security breech.
I think my biggest problem with bitcoin is the difficulty of making it grow. Bitcoin is a long time process to achieve the amount you want. Other thing is the security which bothers me. There are lots of hackers in bitcoin and with just one mistake you could lose your account. I need to be careful always to keep my account secured.
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April 11, 2018, 10:51:40 AM
 #2279


Bitcoin having lack of adoption is normal because it is still something new. There is not much promotion considering the anonymity of satoshi nakamoto. But this blockchain thing is already making noises and will bring bitcoin in mainstream maybe slowly.
obinine
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April 11, 2018, 12:19:53 PM
 #2280

I have so many problems with bitcoin,  one of it is that , why is bitcoin not able to carry out millions of transactions per seconds just like the credit card services in which the bank provides with the ability to process millions of transactions in seconds,  I also hate the price volatility,  but this applies to all crypto currency.  Nevertheless,  I believe that all this issue will be solved by the community as time goes on.
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