What's your biggest problem with Bitcoin

[BlackRacerX]

Well, the biggest things I'm totally hating on bitcoins are its transaction fees and the transfer rate. The transaction fees are outrageously expensive. You have to pay at least around half of your bitcoins to have sent to other people. Transfer rates are another problem. Really slow compared to fiat money transfer. I'd rather just transact with fiat money instead.

[Ethan Argu]

So far i dont have any problem but the problem is from my self because sometimes i dont have a time to post and to participate because of my work . I think im gonna manage my time to be able to post everyday and every time. I need to post more to meer the quota in 1 week so be patient and be strong because someday every struggle you get you will pay a comportable life.

[Nekrasova]

Don’t have enough money to buy it hahaha

[lzby2000]

I read this post, in the last few years, most people really feel that the speed and rate of the transaction are the two biggest problems of the current bitcoin. It is hoped that the lightning network can be launched quickly this year, which is of special significance to the development of the encrypted community, and can also solve the digital currency after the two problems. You can get a lot of applications quickly.

[Techno012]

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.

[gtx1060aa]

I guess the my biggest problem about bitcoin as what alnost everyone here experienced is the confirmation time, that takes so long period of time before I received the bitcoin to my account.

[shelimy]

Confirmations need to be more faster as it takes lot of time for transaction to get confirmed. And if this is the case it would be difficult to pay at shops as you can't get the goods until the payment is confirmed and it would become time consuming and won't help at the time of emergencies.

[gtx1060aa]

I dont have big problem with bicoin, but for know just too late confirmed transaction
but I think it's not big problem

[Coinnosaurus]

For me, the biggest problem is the difficulty of forecasting the price. The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets

[gandame]

My biggest problem in Bitcoin is it is not operated offline due to the fact that it is electronic money. If we can only operate it offline so even if we are in remote places, we can still operate it. that is always my concern when internets are not available.

[NVCPRO]

My biggest problem with bitcoin is that currently I want to invest in bitcoin without capital. Apart from the big problem, I find the transaction bitcoin very difficult, the transaction costs are very high, and my country does not accept the purchase of goods in bitcoin currency.

[iram1011]

Well, the biggest things I'm totally hating on bitcoins are its transaction fees and the transfer rate. The transaction fees are outrageously expensive. You have to pay at least around half of your bitcoins to have sent to other people. Transfer rates are another problem. Really slow compared to fiat money transfer. I'd rather just transact with fiat money instead.

I think the fee depends on the exchange you are using. I think these exchanges had increased their rates considering the fact that the price of BTC had soared significantly, but I think that move has already been pulled back by most of the major exchanges. I suggest you check that out with your local exchange. Also, since this thread was started by the software team, so you cannot really blame them for the high prices of transaction since that is exchange dependent.
Coming back to your second point, yes, speed of transaction was and is still a problem.

[zitbau]

I have a bit of difficulty with bitcoin in using it for payment. Bitcoin's transactions are slow and the fees are high. This makes me quite frustrating. I hope in the near future these problems will be overcome.

[ilonamihaly]

not much, but my bitcoin often borrowed and not returned

[Eleanorjean11]

maybe lack of adoption..and for me,i have problem with,how to get free bitcoin easily Grin

[jaaeeeyyyy]

We are all in here because we are attracted with bitcoin's beneficial advantages but we are all aware that it too, just like anything that exists, has it's own share of head scratching flaws and issues. One example of which that really gets me is the sudden price changes in it's value. One look and you'll see that it was increasing steadily and another time it would drop. It really hurts my investment.

[pekavcilar01]

The biggest problem is that the price is variable. There used to be an ever-increasing graph. He made good money by buying and selling.
Now the prices are very low. People do not want to keep it.
If prices become old, everyone will be happy.

[wilsonwilly1]

Transaction time & not much merchant in my country are the biggest problem.
I only use my bitcoins for online shopping since i couldn't find any merchant which accept bitcoin.

[Galahad111]

Well, the biggest things I'm totally hating on bitcoins are its transaction fees and the transfer rate. The transaction fees are outrageously expensive. You have to pay at least around half of your bitcoins to have sent to other people. Transfer rates are another problem. Really slow compared to fiat money transfer. I'd rather just transact with fiat money instead.

Yeah no doubt it is a big problem and along with it. Confirmations need to be more faster as it takes lot of time for transaction to get confirmed. And if this is the case it would be difficult to pay at shops as you can't get the goods until the payment is confirmed and it would become time consuming and won't help at the time of emergencies.

[dvmd catona]

Bitcoin as a technology and currency is fine (other than volatility for the latter). Any problems I've ever had were relate to the trading of this technology/currency which is a human problem more than anything.