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Author Topic: What is big problem in using of bitcoin  (Read 38650 times)
hermanhs09
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July 09, 2016, 02:48:18 PM
 #321

I was complaining about transactions speed,i mean they are still really fast compared to the bank transfers,but
i think that we need to step forward right?
I dream about instant btc transaction's,but it will never happen probably :/
What are you doing, do you can understand about bitcoin? i never think the transaction speed is has a problem, maybe you complaining about the confirmation. The transaction is instant no needed a long time for this but for confirmation anytime can getting a problem.
yes of course i dont complain about transactions,i was meaning that the confirmations are taking so long sometimes,
i've been waiting today about 4 hours for 1 goddamn confirmation,you call that fast?
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July 09, 2016, 03:18:34 PM
 #322

I was complaining about transactions speed,i mean they are still really fast compared to the bank transfers,but
i think that we need to step forward right?
I dream about instant btc transaction's,but it will never happen probably :/
What are you doing, do you can understand about bitcoin? i never think the transaction speed is has a problem, maybe you complaining about the confirmation. The transaction is instant no needed a long time for this but for confirmation anytime can getting a problem.
yes of course i dont complain about transactions,i was meaning that the confirmations are taking so long sometimes,
i've been waiting today about 4 hours for 1 goddamn confirmation,you call that fast?


Bitcoin is still fast if you compare it with a bank transfer, btw in your case it depended only of the fee/size of the transaction.
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July 09, 2016, 04:02:52 PM
 #323

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.
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July 09, 2016, 05:05:24 PM
 #324

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.

Good for you! Probably you are using light wallets that have pre-configured tx fee.  Or maybe you are using online wallet or some exchange wallet.  they at least give few headache when it comes to sending / receiving transaction.  Aside from the confirmation, the lack of local store in the neighborhood to spend it is one big problem  in using bitcoin.

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hermanhs09
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July 10, 2016, 07:54:27 PM
 #325

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.
Well,i have to say that is good for you buddy,that you haven't found any problems with it yet Smiley
Many people complain about this that the btc is too anonymous but i rather think that is a great thing for a such a currency.
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July 10, 2016, 08:11:48 PM
 #326

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.
Well,i have to say that is good for you buddy,that you haven't found any problems with it yet Smiley
Many people complain about this that the btc is too anonymous but i rather think that is a great thing for a such a currency.


Bitcoin isn't really anonymous, it is 'pseudo-anonymous'. Because all the transaction are visible but there isn't your name on the transaction but only your btc address (that of course can be linked to you, if you keep using it).
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July 10, 2016, 08:24:58 PM
 #327

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.
i dont have any problems too, to be honest the worst thing for me is that i cannot make a lot of money with it as i dont know any good ways of earning money with it

 
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Colt22
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July 10, 2016, 08:31:51 PM
 #328

The bigger problem for me is that less people know about that and so with that each time we have to convert our bitcoins to fiat in order to pay for things in my country and even the bankers around me  do not know that what is bitcoin and how it works.
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July 10, 2016, 08:35:16 PM
 #329

The bigger problem for me is that less people know about that and so with that each time we have to convert our bitcoins to fiat in order to pay for things in my country and even the bankers around me  do not know that what is bitcoin and how it works.

True.

Bitcoin is still in phase of implementation to world. Most of countries even using bitcoin prefer to use fiat currency.
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July 10, 2016, 08:37:34 PM
 #330

The bigger problem for me is that less people know about that and so with that each time we have to convert our bitcoins to fiat in order to pay for things in my country and even the bankers around me  do not know that what is bitcoin and how it works.

Yeah the marketing of bitcoin can be done better. There's only online promotion.
To reach the masses you need a also offline promotion else it won't get traction.
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July 10, 2016, 08:50:59 PM
 #331

No real problems here. If there were more prepaid cards like BitPay and Shift offered, it would make in-store purchases much easier for everyone.
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July 10, 2016, 08:59:20 PM
 #332

I think the big problem using bitcoin is the reverse payment because if you deal someone and you pay first and your deal person not give your needs you can not recover or reverse the payment.. unlike paypal..

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July 10, 2016, 09:01:38 PM
 #333

i think i haven't any problem to using bitcoin , i using bitcoin from few month with stable position but i do not face to any problem yet , and i feel usage of bitcoin is very good than other.
i also never had any problems though right now im more angry about the confirmation times because it takes a lot of time right now with the regular fees i think
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July 10, 2016, 09:08:21 PM
 #334

I think the big problem using bitcoin is the reverse payment because if you deal someone and you pay first and your deal person not give your needs you can not recover or reverse the payment.. unlike paypal..

So are you saying that paypal is more better than bitcoin (as a method of payment) due the chargeback possibility? I think it's a flaw the chargeback, this is why it's not possible to chargeback a bitcoin transaction.


If you deal face to face it's simple, send your bitcoin and conclude the deal.
If you spend your btc online just use an escrow service (like bitrated).
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July 10, 2016, 09:10:16 PM
 #335

Maybe the biggest problem is that some transaction are never confirmed in Blockchain and you can lose your coins for good. It doesn't happen very often but still. And Bitcoin is stil not accepted everywhere, so that can be an obstacle to.

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July 10, 2016, 10:03:17 PM
 #336

No real problems here. If there were more prepaid cards like BitPay and Shift offered, it would make in-store purchases much easier for everyone.
Yeha bitpay allows us to make a payment at an online shop but why is still a little online shop on the Internet that adopt bitpay? not this will provide a great advantage for them?
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July 10, 2016, 10:21:09 PM
 #337

I can't see any problems on my own bitcoin experience, but many people just complaining about long transaction time and other stuff.

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July 10, 2016, 11:16:00 PM
 #338

bitcoin biggest problems today is in terms of delivery confirmation. sometimes multiple delivery takes more than 30 minutes, whereas the shipping fee already given the high numbers. My expectation delivery confirmation can be faster.
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July 10, 2016, 11:59:10 PM
 #339

bitcoin biggest problems today is in terms of delivery confirmation. sometimes multiple delivery takes more than 30 minutes, whereas the shipping fee already given the high numbers. My expectation delivery confirmation can be faster.
It is true,i dont complain about it because for me,it is alright now,but
i was waiting like 6 hours to get 1 confirmation like a week ago,sometimes it just takes so long to get you're transaction confirmed,that i get really annoyed.
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July 11, 2016, 02:44:19 AM
 #340

Maybe the biggest problem is that some transaction are never confirmed in Blockchain and you can lose your coins for good. It doesn't happen very often but still. And Bitcoin is stil not accepted everywhere, so that can be an obstacle to.
Indeed we are now in a fee based battle for block space. Using 0.0005 fee always works for me to get into the next block.
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