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Author Topic: What is big problem in using of bitcoin  (Read 38651 times)
trinaldao
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August 18, 2016, 05:55:15 PM
 #421

what problem do you have in bitcoin.

So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too. Smiley

Fluctuation is not something that any bitcoin user would say is a problem because that is the reason why people earn profits through so how that can be a problem, maybe transactions take a little long sometimes but that is really not a big problem i guess.

yeah more precisely at this time is a big problem of bitcoin transactions that sometimes takes a long time and I think the price fluctuation is not a major problem, but this is a big advantage if you can utilize.

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August 18, 2016, 05:56:37 PM
 #422

Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...
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August 19, 2016, 05:32:21 PM
 #423

Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...

You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
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August 19, 2016, 05:59:57 PM
 #424

bitcoin network is anonymous even we do not even require our namesto open a bitcoin wallet account so it is a main problem where many bad intensioned users join this network and try to scam others by some dangerous actions like blackmailing or hacking

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August 19, 2016, 06:00:14 PM
 #425

Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...

You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
Unstable prices bitcoin is an attraction for all trader and if the price is stable surely you will never get profit by increased price.

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August 23, 2016, 05:52:24 PM
 #426

Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...

You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
Unstable prices bitcoin is an attraction for all trader and if the price is stable surely you will never get profit by increased price.

However, you have to be a good trader to take advantage of the volatile price. Over 50% of the traders will lose as it is negative sum game.
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August 23, 2016, 06:25:54 PM
 #427

what problem do you have in bitcoin.


Most of the community nowadays, the problem's they encounter most often is the "confirmation" base on what I read most of the time.
But for me delaying the confirmation is not a big problem issue, Because before end of the day maximum 2 or 3days their transaction about bitcoin will be release.
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August 23, 2016, 06:31:02 PM
 #428

what problem do you have in bitcoin.

So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too. Smiley

True that for later you face a problem here just like the other's encountered and could be happen to you too, but I suggest you to become more patient about the confirmation it will  took a long hours to wait before you receive the confirmation, but its really normal it having a net connection problem.
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August 23, 2016, 06:37:37 PM
 #429

what problem do you have in bitcoin.

Since I started to join in bitcoin world, for every bad things happen to me here I never took it as a problem, instead I took it as a challenge. Of coursse I found out that bitcoin is a virtual money so obviously you will really encounter problems. So the better way for us is prepare for every negative will happen to you here and continue to explore our knowledge in bitcoin world.
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August 23, 2016, 06:45:02 PM
 #430

what problem do you have in bitcoin.

Since I started to join in bitcoin world, for every bad things happen to me here I never took it as a problem, instead I took it as a challenge. Of coursse I found out that bitcoin is a virtual money so obviously you will really encounter problems. So the better way for us is prepare for every negative will happen to you here and continue to explore our knowledge in bitcoin world.
Yeah agree all online have there own different bad things and risk.. so thats you can only choose to decrease your risk so that you can make a profit and you can only have low risk..

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August 23, 2016, 06:53:26 PM
 #431


Most of the community nowadays, the problem's they encounter most often is the "confirmation" base on what I read most of the time.
But for me delaying the confirmation is not a big problem issue, Because before end of the day maximum 2 or 3days their transaction about bitcoin will be release.

They want an instant confirmation time as soon as they clicked the send button so in these, they are taking the normal thing into high mode of problem priority which is really not appropriate in the first place. Cool

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August 23, 2016, 08:37:06 PM
 #432

Nothing , because bitcoin is really going ahead with smoothly and maximum adopt the bitcoin and using bitcoin easily for online shopping with faster transaction and bitcoin is very useful than other crypto currency.
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August 23, 2016, 08:38:04 PM
 #433

transaction time and its popularity is the main cause why people don't use bitcoin and also because of the false rummers like it is used by terorists only
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August 23, 2016, 09:18:40 PM
 #434

Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...
yes that is a fact that there is a lot of fluctuation in the price of bitcoin which worry people to invest in bitcoin because the price of bitcoin can fell down over night and  one can lose all his investment, but to me the other problem that we face in using bitcoin is that we have very little opportunities of using bitcoin in our local areas,
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August 23, 2016, 09:25:51 PM
 #435

what problem do you have in bitcoin.

So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too. Smiley

The confirmation time is a smaller problem, with the development it will be solved sooner and the fluctuation will also be reduced with more people adoption, and without that you will not find any other problem with bitcoin , bitcoin is a very interesting currency and payment system, with more time in here you will start to love it.
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August 23, 2016, 09:27:20 PM
 #436

The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.

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August 23, 2016, 10:28:32 PM
 #437

The biggest problem I see with bitcoin is that it attracts a host of bad actors....There are very few honest websites that participate in the technology.  Even those who are trusted members of the community lack ethical honesty and are motivated by greed....That's just the way the technology works.  They either want to scalp site visitors by spreading fud on their competitors or they use their technological knowledge to manipulate people out of their money....Bitcoin attracts dishonest people; that's it's biggest problem.
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August 23, 2016, 10:43:48 PM
 #438

what problem do you have in bitcoin.
The only problem I face when using bitcoin is that it is still not used by everyone.Whenever I am required to send payment to someone I hesitantly ask if he accept payment with bitcoin and almost 80% of time they deny

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August 23, 2016, 10:45:11 PM
 #439

what problem do you have in bitcoin.

So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too. Smiley
yeah I also have to admit that a lot of people do go and consideration before investing in bitcoin is a problem of fluctuation? because you can only lose a very large fluctuations. because once a day bitcoin prices could fall 20% sure it will very harm you? so I think it will remain a basic problem of bitcoin
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August 23, 2016, 11:38:13 PM
 #440

what problem do you have in bitcoin.
The only problem I face when using bitcoin is that it is still not used by everyone.Whenever I am required to send payment to someone I hesitantly ask if he accept payment with bitcoin and almost 80% of time they deny
Wish will more bitcoiners in our community, it's too bad. just the people is having a two world in his life in the real and digital world just know about bitcoin, average they're, referred to people in the community do not care about the digitally if not giving advantages for them.

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