What is big problem in using of bitcoin

[trickshot22]

You are still exposed to lots of attacks and probably, identity hacks when such attacks enter the servers of big exchanges that need you to verify your KYC documents with them. This is one of the biggest problems I face with bitcoins.

uhmm attacks with bitcoin? big exchanges that usually have your id has tons of ids so even if the information gets leaked then i doubt that the hacker will be interested especially in your identity

my problem using bitcoins is that its price might be stable some times, i usually want the price to fluctuate wildly as it is much more interesting to seek the news about bitcoin then

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[escrowboy]

Confirmation time if the merchant doesn't accept zero confirmation.
So, i also can say block size is also big problem when i use bitcoin.

I think confirmation time can be shorten if you use a higher priority fee, well it will require you to spend higher in fee but the result of that will give you a shorter confirmation time. So I think it still your decision what you're going to use, if you use lower fee but longer time or higher fee but shorter time to confirm.

[SquallLeonhart]

Confirmation time if the merchant doesn't accept zero confirmation.
So, i also can say block size is also big problem when i use bitcoin.

I think confirmation time can be shorten if you use a higher priority fee, well it will require you to spend higher in fee but the result of that will give you a shorter confirmation time. So I think it still your decision what you're going to use, if you use lower fee but longer time or higher fee but shorter time to confirm.

We should not worry even if its taking time in confirmation that issue can be resolved in future, the only problem I see at a moment is price not getting higher as per the expectations.

[coin_gambler]

In my opinion many people are just getting bad concepts about bitcoin more then good things about it as its a most popular currency in the darkweb and in some country its illegal too which makes the person more serious to think before using it !

i think you are right, media tries to make bitcoin look like it is evil all the time thus a lot of people decide not to start using bitcoins as they are afraid of getting into trouble i think

for me the biggest problem using bitcoin is that one day it might become way less valued than they are right now, that would definitely be a bad thing for me as i would lose money

[streazight]

Confirmation time if the merchant doesn't accept zero confirmation.
So, i also can say block size is also big problem when i use bitcoin.

I think confirmation time can be shorten if you use a higher priority fee, well it will require you to spend higher in fee but the result of that will give you a shorter confirmation time. So I think it still your decision what you're going to use, if you use lower fee but longer time or higher fee but shorter time to confirm.

We should not worry even if its taking time in confirmation that issue can be resolved in future, the only problem I see at a moment is price not getting higher as per the expectations.

It is said that the value of bitcoin is somewhat undervalued, but I don't really mind if the price goes stable with little fluctuations because it's a good profit for us traders.

What's concerning me is that North Carolina has been looking to passing a bill of trying to get a way of centralizing bitcoin or something.

[Cyaren]

I think the biggest problem of using it is miner commision,at least for me.Of course you cant step through it without paying it
but well that's the life.Security is fine if you know how to do it.Big problem is also BTC usage to illegal activities (money laundering,drugs etc.)

[Sharma]

The main problem I have encountered with the bitcoin blockchain is how damn slow transactions can get when the blocks are lagging behind and the miners are unable to find any valid blocks.

It can be very frustrating to wait for an hour before your deposit arrives at some site.

[PokerFace3]

The main problem I have encountered with the bitcoin blockchain is how damn slow transactions can get when the blocks are lagging behind and the miners are unable to find any valid blocks.

It can be very frustrating to wait for an hour before your deposit arrives at some site.

I agree the main problem is the delay in transactions. The average time it takes for a bitcoin transaction to be verified is now 43 minutes, and some
transactions remain unverified forever. This is due to how transactions are processed in the blockchain. This has become the problem for every bitcoiners.

[Oralmat]

You are still exposed to lots of attacks and probably, identity hacks when such attacks enter the servers of big exchanges that need you to verify your KYC documents with them. This is one of the biggest problems I face with bitcoins.

Bitcoin does not have any big probelm but the only fear of bitcoin is the loss of money which can be due to loss of Wallet seed or someone hacking into the wallet and most fearable being Online wallet site run away will all the BTCs.

[streazight]

You are still exposed to lots of attacks and probably, identity hacks when such attacks enter the servers of big exchanges that need you to verify your KYC documents with them. This is one of the biggest problems I face with bitcoins.

Bitcoin does not have any big probelm but the only fear of bitcoin is the loss of money which can be due to loss of Wallet seed or someone hacking into the wallet and most fearable being Online wallet site run away will all the BTCs.

Hacking into a wallet is somewhat a serious problem but it would take a superior pro to be able to do that.

I get what 2double0 meant though. Bitcoin itself is safe as there is currently no way to be able to hack into the blockchain and insert a fake transaction. However, exchange platforms are not safe from attacks and might have access to our wallets from that certain exchanger.

[camelson]

what problem do you have in bitcoin.

No not much, i dont have any problem in using bitcoin online, some times few site do not have btc payment method for that i can able to convert them into $ online to my credit card and that i can do shopping from any site. and if you talk about offline same is the case here i can convert them to fiat money any time and use them. So until now i have no issue with bitcoin.

[cokkapaga]

I do not have issue with bitcoin
for me Bitcoin is very helpful
we can get money with bitcoin and easy to transaction with poeple in the internet

[mark coins]

I do not have issue with bitcoin
for me Bitcoin is very helpful
we can get money with bitcoin and easy to transaction with poeple in the internet

Yeah even I don't find any problem with bitcoin at a moment and it is only helping me and I am very much satisfied with all the features that it holds.

[hope4u]

i have no problem in using bitcoin. i can easily use it any where. i feel no problem.

[Cyaren]

i have no problem in using bitcoin. i can easily use it any where. i feel no problem.

The only problem I see in using bitcoins is that once you sent it, it cannot be retrieved already. So we must be very careful with our transactions and review everything before pressing the send button. Oh, and another thing is the duration of most transactions before it is credited to your account.

[Sharma]

what problem do you have in bitcoin.

For me there are two quite big issues with Bitcoin:

First of all, is the increased transaction confirmation time.

Secondly, the fact that Bitcoin isn't widely used in the world.

Only time will tell if these issues will go away. 

Low level of confidence, awaiting 6 confirmations and bla bla bla.  I have friends who had experienced more than 24 hour delay in the transaction.  This is one big problem to be hurdled.

[elobizph]

what problem do you have in bitcoin.

For me there are two quite big issues with Bitcoin:

First of all, is the increased transaction confirmation time.

Secondly, the fact that Bitcoin isn't widely used in the world.

Only time will tell if these issues will go away. 

Low level of confidence, awaiting 6 confirmations and bla bla bla.  I have friends who had experienced more than 24 hour delay in the transaction.  This is one big problem to be hurdled.

I think delay on confirming the transaction is given for online. Bitcoin needs to validate the transaction if it is legit or not and i think you'll need to consider what transaction do you submit? i think if transfer of money is just take 2-5mins only.

[shinratensei_]

Confirmation time if the merchant doesn't accept zero confirmation.
So, i also can say block size is also big problem when i use bitcoin.

I think confirmation time can be shorten if you use a higher priority fee, well it will require you to spend higher in fee but the result of that will give you a shorter confirmation time. So I think it still your decision what you're going to use, if you use lower fee but longer time or higher fee but shorter time to confirm.

Well, a lot of people it's put a reliable fee for their transaction but until several hours they not get any confirmation .
and finally, they needed to wait for next block for they transaction. this problem is making bitcoin very complicated.

[PokerFace3]

I think the biggest problem of using it is miner commision,at least for me.Of course you cant step through it without paying it
but well that's the life.Security is fine if you know how to do it.Big problem is also BTC usage to illegal activities (money laundering,drugs etc.)

We all know that the popularity of Bitcoin is growing daily, daily new member comes to bitcoin community..., I think it all depend on how we use our Bitcoins, if we decided to use as a illegal payment source then its bad, but if we use and teach others to use as a good way then its good.... And for the security reason Bitcoin wallets are more safe than others,,,

[Cresciuanto]

I think the biggest problem of using it is miner commision,at least for me.Of course you cant step through it without paying it
but well that's the life.Security is fine if you know how to do it.Big problem is also BTC usage to illegal activities (money laundering,drugs etc.)

We all know that the popularity of Bitcoin is growing daily, daily new member comes to bitcoin community..., I think it all depend on how we use our Bitcoins, if we decided to use as a illegal payment source then its bad, but if we use and teach others to use as a good way then its good.... And for the security reason Bitcoin wallets are more safe than others,,,

yes you are absolutly right. there is no doubt about this. the wallet should be more safe i think. every thing should be more proper about bitcoin. because the popularity of the bitcoin is increasing day by day. therefore the bitcoin forum must improve their service.