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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
royromales
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April 12, 2018, 10:41:21 AM
 #2301

when I did not care about my bitcoin account and lent my friend I did not realize that my account was missing and some of my tokens had also lost my bigger problem because I did not care

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airdrop.bounty
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April 12, 2018, 10:51:25 AM
 #2302

The biggest problem with Bitcoin. Is that you can lose a lot of money and that is not good. But you can also earn a lot of money with Bitcoin.
But patience is very important. I hope that we can all make some profit later in the future. But you never know, it is hard to predict.
Aufar
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April 12, 2018, 10:57:46 AM
 #2303

Many countries that reject Bitcoin will also receive Bitcoin.
there are some problems, if this problem can be recovered then it will be very good news.

My problem with Bitcoin is the lack of intelligent contract functionality.

It is too easy to send Bitcoin for some goods or services and not to accept such goods or services instead.

I know that there are escrow services that provide comfort sizes but they are not secure and represent centralized levels. so if possible then I think if the time is a bit less then it would be nice.
miang
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April 12, 2018, 11:35:09 AM
 #2304

the one which comes to mind is sure the adaptation by general market where people can use actually use bitcoin for basic daily life necessities.
Mersterious
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April 12, 2018, 11:51:22 AM
 #2305

i think One big problem that i have with the bitcoins is that it has not been integrated with lots of financial institutions .
tera linh
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April 12, 2018, 11:54:35 AM
 #2306

that's not a problem related to bitcoin. you have no funds left in your wallet because you have spent them all, or lost them with gambling. these are the most likely reasons.
The_prodigy
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April 12, 2018, 11:56:48 AM
 #2307

the one which comes to mind is sure the adaptation by general market where people can use actually use bitcoin for basic daily life necessities.

As of now I think my problem is on how can I make my bitcoin grow at easy and fast way. Other than that is the security that's bothering me cause I always have to be careful to make sure thatit's my account is safe. Lastly is the limited things I can buy using bitcoin because it's still not accepted worldwide.
tera linh
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April 12, 2018, 12:14:01 PM
 #2308

My biggest concern with bitcoin (besides its economy of scale) is that it doesn't seem to be keeping up with the pace of technology.  In my opinion, it is becoming antiquated in comparison with some of the other alternatives presently available.  Turing capability and smart contract functionality is something that is needed and was discussed by original team members but has since been ignored.  I think that bitcoin needs to pick up its pace in order to compete, especially with what the R3CEV team might be working on.
@Hakermania@
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April 12, 2018, 12:24:30 PM
 #2309

I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.

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Jupeter
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April 12, 2018, 12:35:28 PM
 #2310

I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.
Well i totally dont have a big problem with bitcoin, my only problem with bitcoin is the value or the price of it is taking too long to increase ot pump, but that is only a small problem and my other problem is bitcoin is open for everyone so even.the criminals can used bitcoin.

wasaisisisi
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April 12, 2018, 12:38:51 PM
 #2311

The thing which irritates me is the hunt for the control.People are willing to even destroy or dump the coin for their own benefits or to shine their altcoin, the same problem which was before bitcoin.
Gabrieelle
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April 12, 2018, 02:46:08 PM
 #2312

I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.
Well i totally dont have a big problem with bitcoin, my only problem with bitcoin is the value or the price of it is taking too long to increase ot pump, but that is only a small problem and my other problem is bitcoin is open for everyone so even.the criminals can used bitcoin.
I guess a lot of people consider that as a problem, the volatility of the price of bitcoin which is always changing where in you'll never know what the price might be in the next few days or months of waiting. But behind that problem there are also people who are getting benefited by it, like those who likes to invest in bitcoin or those people who do trading for a living, they are totally dependent with the volatility of the coin they are holding because that is where they get profit.
fotosonics
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April 12, 2018, 06:37:31 PM
 #2313

the problem about bitcoins is the limited online shop and goods that can be purchased by using bitcoin because some of merchants don't know yet what is bitcoins and what bitcoins can do but they think of bitcoin as money it really isn't hard and also the confirmation of the transaction sometimes it always delayed and i don't know whats happening sometimes it takes upto 3-4 hours
MetalGear
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April 12, 2018, 06:45:26 PM
 #2314

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 only main problem of bitcoin as far as I experienced is the limit of the products and services I can avail. I know more industries pop out every now and then to open their market with bitcoin but I want to see more. I wish more people will understand and accept bitcoin as a currency it deserves. Bitcoin has a wonderful system that really has no issues or troubles that causes to me so far that's why I love bitcoin.
Sowik
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April 12, 2018, 07:02:01 PM
 #2315

Currently the changes in the price. In December I had another problem - the huuuge fees, happily the fees are lower now.
SadEmo
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April 12, 2018, 07:19:26 PM
 #2316

I don't have any problems with bitcoin because i have learnd many different stuff befero joining crypto. When i have question i am asking people who already got something there.
fattyforhire
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April 12, 2018, 07:45:36 PM
 #2317

Technically, bitcoin is becoming more and more perfect, and I see it has one significant problem - the slow speed of its adoption as a currency.
Core.BUSTER
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April 12, 2018, 07:53:08 PM
 #2318

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 system of bitcoin is not the issue of bitcoin itself. For me, I think it is what the news media writes about bitcoin that affects me. I know we cannot control them, just correct them as much as we could. But I hope bitcoin will be accepted totally because its system is perfect and really works well for its purpose. Whether as a payment method or tool for investment, bitcoin will definitely covers you.
WebTera
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April 12, 2018, 07:56:53 PM
 #2319

Now bitcoin has significantly fewer negative sides than before. The only thing left for bitcoin is to achieve stability, and it will be perfect.
Dondisimo
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April 12, 2018, 08:29:11 PM
 #2320

What makes me most nervous about bitcoin is its constant price jumps. Every time there is a fear that this price drop is the last and you will lose all your money.

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