deisik
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August 30, 2016, 03:07:11 PM |
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In the buyer's perspective, the big problem with bitcoin is the anonymity and the inability to revert the payment. Once he sends the payment, he can never get it again nor can he cancel it. The same thing applies when he sends it to a wrong address I have always been saying that the irreversibility of payments is a big potential problem that may have yet to show its ugly face in the future. I understand that it may be hard (if possible at all) to implement something like a grace period (during which the transaction can be revoked, with a default timeout of 0), but no public entity will ever want to do anything with a system which doesn't allow to revoke payments... This essentially means that Bitcoin will never be a part of public finances You are lucky you have 2! It's my dream any store in my town accepts Bitcoin and my town is the capital of the largest country in Europe (Ukraine, yeah it's funny, just learned this yesterday  ) You must be kidding |
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dana pani
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August 30, 2016, 03:30:05 PM |
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to me the big problem we are facing in bitcoin is that there is not a sing shop where we can use bitcoin for shopping.
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deisik
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August 30, 2016, 03:34:58 PM |
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to me the big problem we are facing in bitcoin is that there is not a sing shop where we can use bitcoin for shopping.
You can order a Bitcoin payment card which allows you to spend your bitcoins basically in the same way as you would want to spend them directly. All required conversions are done internally by the entity which emitted the card and are totally transparent to you... I guess this is the way to go if you want to use Bitcoin for shopping |
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sabbirshm
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August 30, 2016, 05:21:51 PM |
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for me, I can't using bitcoin everywhere. in my country bitcoin is unknown for almost everyone and no shop,offices accept bitcoin.So, I fall into problem that what should I do with my bitcoin. but currently, I am recharge my mobile with bitcoin and withdraw bitcoin through moneygram.
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CasioK
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August 30, 2016, 06:15:08 PM |
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The big problem is that you guys keep talking about the weakness of Bitcoin instead of thinking about the advantages and use it for a better purpose.
Because if we keep talking about bad things about something, then that something will keep being bad.
Yeah bitcoin holds wide range of benefits which is helping its users in many ways so instead of pointing finger on bad sides of it we should focus on advantages that is offering us. I guess as time passes the only thing people will be talking about is how it can be used in new ways to improve the way a payment method works. It’s already happening and people are seeing how much easier things work when using blockchain technology. |
INVALID BBCODE: close of unopened tag in table (1)
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mobilestrike
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August 30, 2016, 07:37:07 PM |
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One of the main problem is the transaction speed and the confirmation problem, but my problem with bitcoin is too many scamming in bitcoin, a lot of people using bitcoin in a wrong way
Yeah, sometimes it very long and boring and better to go to sleep, but about scammers it's only your fault if you was scammed, usually scammers are bad. I will say that confirmation timing is not much higher once you get three confirmations you get the bitcoins to your wallet , and if you remain alert and will have knowledge about every field relating bitcoin then no one will be able to scam you. |
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Strongkored
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Leading Crypto Sports Betting & Casino Platform
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August 30, 2016, 08:35:02 PM |
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my problem is time to get confirmation network make me boring, and security too, but now is many scammer in bitcoin world, HYIP website now is accepted bitcoin for they payment processor and make bitcoin worthless sometimes, and lazy people believing they bitcoin in HYIP website
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bestluck
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August 30, 2016, 09:58:45 PM |
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my problem is time to get confirmation network make me boring, and security too, but now is many scammer in bitcoin world, HYIP website now is accepted bitcoin for they payment processor and make bitcoin worthless sometimes, and lazy people believing they bitcoin in HYIP website
yeah sometimes it take some larger time for transaction to get confirmed, but still i like to transact with that currency because the transaction time of bitcoin is not larger than what the banks and western union take. |
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John Constantine
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August 30, 2016, 10:19:37 PM |
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For me, the biggest problem is the confirmation time, especially if the merchant does not accept zero confirmation.
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skylighters
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August 31, 2016, 12:04:23 AM |
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there are no problems for me, to be honest i like everything when it comes to bitcoins
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JeffBrad12
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August 31, 2016, 12:45:08 AM |
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One of the main problem is the transaction speed and the confirmation problem, but my problem with bitcoin is too many scamming in bitcoin, a lot of people using bitcoin in a wrong way
Transaction is always instant , and the confirmation is always needed because i think if you wanna receiving a zero confirmation method like your are receiving an invalid transaction. and about scamming is already there a lot of topic is discussing about that and you can read them all. |
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x4
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August 31, 2016, 01:00:18 AM |
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A very big problem is when you buy bitcoin with its current price this time and after a few days it dumps almost 10-20% and thats how it goes its very frustating. But if in a whole, bitcoin is not a problem though confirmations sometimes get longer to receive but its nkt a totally an issue
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drwtsn32
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August 31, 2016, 01:10:58 AM |
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One of the main problem is the transaction speed and the confirmation problem, but my problem with bitcoin is too many scamming in bitcoin, a lot of people using bitcoin in a wrong way
The confirmation speed depends on the transaction fee you put in. The lower the fee the slower it gets to be confirmed. About what you said about scamming, well, we can't tell people how they should use bitcoin. Whether we use it in a right way, wrong way, or whatever way possible, it is our money and no one dictates us how to use it. That is a good thing about bitcoin. Freedom. |
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bravehearth0319
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August 31, 2016, 03:04:55 AM |
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what problem do you have in bitcoin.
Actualy, I don't see any problem to Bitcoin. All I see the problem is that some of the individuals community in bitcoinworld are giving misinterpretation and wrong thoughts about in bitcoin. They often said the problem to bitcoin is the Confirmation every time they will encash it into a real money. Its not the problem actualy, only some of the user's is the problem. So far bitcoin is really good to everybody. |
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bravehearth0319
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August 31, 2016, 03:09:57 AM |
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what problem do you have in bitcoin.
The main problem with btc is very big price fluctuations, this makes one more uncomfortable to buy and keep coins for year or more. I don't think its the problem, its normal actually,.Of course we are in the world of trading coinmarket. Meaning fluctuation is always there most of the time. But it doesn't mean it will goes down into zero, Bitcoin is 6yrs almost now and from those years fluctation is always a part of it, But still bitcoin stiil stand and getting more stronger and growing everyday. |
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bravehearth0319
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August 31, 2016, 03:16:00 AM |
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if you have no problem,then no problem but i have problem that is how to change bitcoin address it is my biggest problem any one can solve this.
thanx in advanvce if u solved my problem.
Be specific to your problem dude, Your problem is how to change your bitcoin address, isn't right? what do you mean by that? As far as I know in every bitcoin wallet address you can generate new wallet address? |
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Imoote
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August 31, 2016, 06:50:14 AM |
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what problem do you have in bitcoin.
The main problem with btc is very big price fluctuations, this makes one more uncomfortable to buy and keep coins for year or more. I don't think its the problem, its normal actually,.Of course we are in the world of trading coinmarket. Meaning fluctuation is always there most of the time. But it doesn't mean it will goes down into zero, Bitcoin is 6yrs almost now and from those years fluctation is always a part of it, But still bitcoin stiil stand and getting more stronger and growing everyday. Yes true fluctuations can even be used to gain an advantage. I think fluctuation bitcoin is not a problem because it is still very reasonable. If we take advantage of the fluctuations we can benefit by selling when prices are high and buy when the price falls. It was not a big problem in bitcoin, maybe that was the problem that I have ever experienced only slow transactions. |
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Mastsetad
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August 31, 2016, 04:33:18 PM |
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Yes true fluctuations can even be used to gain an advantage. I think fluctuation bitcoin is not a problem because it is still very reasonable. If we take advantage of the fluctuations we can benefit by selling when prices are high and buy when the price falls. It was not a big problem in bitcoin, maybe that was the problem that I have ever experienced only slow transactions.
Since i'm using bitcoins i have never faced the so called problem of slow transactions as everyone is mentioning that as a problem, my transactions have never taken much time to confirm, and second thing you guys are talking about is fluctuation of bitcoin which was never seen as a problem in bitcoin community but it has always been a source of earning profits for the community, without fluctuation a big source of earning bitcoins which is trading wouldn't have been possible. |
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torrentheaven
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August 31, 2016, 04:35:41 PM |
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Sometimes I do not like to Bitcoin, I have to wait to confirm a transaction.
But that does not happen often, just when many transactions are unconfirmed.
There are also many positive sides!
We cannot start blaming bitcoins for only one reason that there is delay in confirmation, on contrary look at the benefits that it is providing us and I think we should focus on positive sides of bitcoins. |
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harizen
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August 31, 2016, 05:20:41 PM |
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Yes true fluctuations can even be used to gain an advantage. I think fluctuation bitcoin is not a problem because it is still very reasonable. If we take advantage of the fluctuations we can benefit by selling when prices are high and buy when the price falls. It was not a big problem in bitcoin, maybe that was the problem that I have ever experienced only slow transactions.
Those person/s that considered fluctuation as a problem really needs some good education and proper learning. It's usual and for other currencies or assets to experience price fluctuations. Just take advantage of it rather than considered it as a problem. |
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