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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
PatronRH
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April 14, 2018, 09:37:15 PM
 #2361

I would say security is the main concern about bitcoin. Being an online cryptocurrency makes it really hard for users to feel safe about their money and earnings.but I guess the main cons that preventing bitcoin to be a worls currrency is actually volatily which makes it useless in some transactions.

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marabanda
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April 14, 2018, 09:42:46 PM
 #2362

Bitcoin has a lot of problems ... but perhaps the main thing is his technical flaws, which most likely will never allow him to become the first currency in the world. Therefore, if the future is behind a crypto currency, then in my opinion it will not be bitcoin.
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tuliobrothers
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April 14, 2018, 09:43:36 PM
 #2363

Bitcoin is doing good but sometimes when bitcoin price is very low, i get panic and think of a situation what if btc will not recover again,  what will happen?  

Roman Coinson
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April 14, 2018, 09:47:59 PM
 #2364

The biggest my problem with bitcoin is that I don't have any bitcoins)) Grin
rhonskie30
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April 14, 2018, 09:56:20 PM
 #2365

My biggest problem with bitcoin is to ban my account because once my account has been banned, I spend my time and money to increase my account rank. so is my big bitcoin problem to lose my account or be ban from forum.
Television123
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April 14, 2018, 09:56:31 PM
 #2366

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 bitcoin for basic daily life needs.
Old Bindu
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April 14, 2018, 10:46:12 PM
 #2367

It seems to me that the biggest Bitcoin problem at the moment is the high cost of transactions. Compared to other currencies, the cost of transactions in bitcoin is very high.

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April 14, 2018, 10:51:58 PM
 #2368

My biggest problem with BTC is that I'm afraid to hold them unsafe. I'm afraid the hackers are snooping on our account to steal our wallets. That is my biggest worry, in terms of price I do not worry, because business in any field we also have to take risks.
Sir Paijoe
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April 14, 2018, 10:53:35 PM
 #2369

My biggest problem with Bitcoin is a country that has not officially legalized bitcoin, this will certainly continue to be a problem because whenever I find it difficult to use bitcoin for transactions directly like fiat.

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Amakwah
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April 14, 2018, 11:03:26 PM
 #2370

My problem with bitcoin is not much but one of the many altcoins that affect bitcoin prices, when bitcoin decreases then altcoin prices also come down and vice versa if bitcoin prices rise then altcoin prices also go up.
diickydbo
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April 14, 2018, 11:06:05 PM
 #2371

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.
King Sastro
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April 14, 2018, 11:08:26 PM
 #2372

My biggest problem with BTC is that I'm afraid to hold them unsafe. I'm afraid the hackers are snooping on our account to steal our wallets. That is my biggest worry, in terms of price I do not worry, because business in any field we also have to take risks.
To solve your fears then you have to use an offline wallet like electrum or web wallet equipped with 2FA features, I use Xapo and Coinbase and more than 2 years have never been a problem because I activate all security features or 2FA.


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pekcoin01
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April 14, 2018, 11:12:33 PM
 #2373

The biggest problem I have experienced with Bitcoin is the low price. I invested at a high price and the prices were very low. That's why I lost money.
I expect prices to rise.
It's a big problem not knowing how prices will be going in the future.
slashz9
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April 14, 2018, 11:26:25 PM
 #2374

for me may be the time of delivery of the confirmation is sometimes quite long if the network is busy, and also the delivery fee of several exchange sites that apply different different.
Bitcoin2009
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April 14, 2018, 11:33:34 PM
 #2375

My biggest problem using bitcoin is that I always worry about getting scam, I use web wallet and wallet exchanges so do not have private key like save ETH or tokens in Myetherwallet.
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April 14, 2018, 11:34:09 PM
 #2376

confirmation time still the biggest problem for bitcoin
and also fee transactions keep going up day by day
if bitcoin prices rises up, as well as transaction costs will also rise
this is insane

miang
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April 14, 2018, 11:38:13 PM
 #2377

For me bitcoin is good enough. But there is a problem with bitcoin especially talking about price stability. Bitcoin price jumped up so fast and fell down so quickly. I don't have enough time to save my bitcoin and earn profit from price increase.
dedelp01
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April 14, 2018, 11:38:25 PM
 #2378

Its unstable and very expensive to earn just 1 bitcoin. Facts are facts anyway so let's just live with it.

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SteinsGate
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April 14, 2018, 11:40:54 PM
 #2379

My biggest problem is the time. Nobody knows when it will particularly boom up again, some says it would be at the end of December but that proves nothing yet. And another thing is the transaction fee, if the price goes up same as the transaction fee it is like a hidden tax.

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April 14, 2018, 11:51:20 PM
 #2380

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.

I think the biggest bitcoin problem, it is one that cannot be solved and it's the high speculation rates, which entails to constant uncertainty about its price level in periods of both short and long-term, either a couple of months, weeks or even days.

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