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HeroCat
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June 17, 2016, 12:58:08 PM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC.  |
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worhiper_-_
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June 17, 2016, 01:04:41 PM |
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I wouldn't call it a problem exactly. but as others may have stated i am really worried whether i should keep my coins or spend them.because of the price going up and down.
but , oh well.. there is always a risk.
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Legasean
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June 17, 2016, 03:29:26 PM |
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Investing isn't a worthy thing I do say,you get a cent by spending a ton,need so much time, even you're investing on a trusted site it's still have a risk.
Now i'm doing trading and the result is pretty decent compared to investing,and I think buying an altcoin and hold it till the price rising up is kind of investing,didn't it?
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phreaky
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June 17, 2016, 04:09:07 PM |
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I love the bitcoin but I hate waiting on the confirmations so that is true.. its very annoying and it sometimes also takes so long with low fee's transactions.
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serjent05
Legendary
 Offline
Activity: 3010
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
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June 17, 2016, 06:13:52 PM |
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I think one of the big problem in using bitcoin is that it needs an internet to use it, brodcast and confirm the transaction. As we know lots of rural area in different country have problem accessing internet. So with this unsolved, this will be one of the big problem in using bitcoin. Though i read about some thread, https://bitcointalk.org/index.php?topic=278237.0, that tells about using bluetooth to transfer bitcoin, but at the end it still needs internet for the transaction to be confirmed by the network. |
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0day
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June 17, 2016, 07:10:44 PM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. yeah, I am also facing the same problem nowadays, yesterday I have requested some bitcoins and that amount took about more than 12 hours to get first confirmation. |
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GamingBro
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June 17, 2016, 08:31:15 PM |
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For me the main problem is that i can't spend my money and that for buy something i need to wait so long. And also that transaction confiramation time is so annoying.
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terman45x
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June 17, 2016, 08:34:43 PM |
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For me the main problem is that i can't spend my money and that for buy something i need to wait so long. And also that transaction confiramation time is so annoying.
Confirmation time is not a major problem for me but one thing is sure that I am not able to spend it anywhere physically, my spending is limited digitally. |
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Barbut
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June 17, 2016, 08:42:27 PM |
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what problem do you have in bitcoin.
With bit coins is like with money, never enough. So basically it's only problem I have with btc. When I think about it I don't see the point of this thread. What ever problem you have with btc, I'm 100 % sure that you had same problem with any other currency. Maybe even worse things can happen with dollar, or euro... turn it upsidedown and you will see that btc is better currency, at least it young so it didn't have time to get dirty, like other currencies. |
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NewInCryptoCurrency
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June 17, 2016, 08:48:05 PM |
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To me bitcoin's problem is security. Hackers can exploit users ignorance and steal their money. It's what's making a lot of people afraid.
Me included.
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Hazir
Legendary
Offline
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
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June 17, 2016, 08:55:09 PM |
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To me bitcoin's problem is security. Hackers can exploit users ignorance and steal their money. It's what's making a lot of people afraid.
Me included.
It is not problem of 'bitcoin' it is problem of users of bitcoin. Bitcoin as a network so far have been proven to sustain any kind of attack (unlike some other popular altcoin recently). You can't take over a bitcoin network, you can't manipulate or create fraudulent bitcoin. The only exploit possible is maybe double spending and that is only possible if you are dealing with 0-confirmation service. |
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chaosknight
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June 17, 2016, 08:57:27 PM |
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To me bitcoin's problem is security. Hackers can exploit users ignorance and steal their money. It's what's making a lot of people afraid.
Me included.
I don't think that bitcoin is unsecured as the day I started using bicoin, I haven't lost a single penny and no one has stolen my coins yet, you need to use good and secure wallet to store your bitcoins. |
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blackmachinegun
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June 17, 2016, 09:32:44 PM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. I thought it was not that long? I have never experienced it. The most long time to wait for confirmation that I have ever experienced is about 4 hours. and it was quite irritated me. but usually the confirmation will take 15 minutes. halving probably will fix it ? |
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stromma44
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June 17, 2016, 09:40:59 PM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. I thought it was not that long? I have never experienced it. The most long time to wait for confirmation that I have ever experienced is about 4 hours. and it was quite irritated me. but usually the confirmation will take 15 minutes. halving probably will fix it ? Confirmation issue will be resolved in future and to be honest may be I am lucky that I never faced delay in confirmation, my transactions gets confirmed in maximum 20 minutes. |
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Bokelka
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June 20, 2016, 11:30:08 AM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. I thought it was not that long? I have never experienced it. The most long time to wait for confirmation that I have ever experienced is about 4 hours. and it was quite irritated me. but usually the confirmation will take 15 minutes. halving probably will fix it ? Confirmation issue will be resolved in future and to be honest may be I am lucky that I never faced delay in confirmation, my transactions gets confirmed in maximum 20 minutes. That is my hope. But the dicussion about solving the issue has been on for two years, nothing is done to solve it. |
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dezoel
Legendary
Offline
Activity: 2198
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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June 20, 2016, 11:34:34 AM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. I thought it was not that long? I have never experienced it. The most long time to wait for confirmation that I have ever experienced is about 4 hours. and it was quite irritated me. but usually the confirmation will take 15 minutes. halving probably will fix it ? Confirmation issue will be resolved in future and to be honest may be I am lucky that I never faced delay in confirmation, my transactions gets confirmed in maximum 20 minutes. That is my hope. But the dicussion about solving the issue has been on for two years, nothing is done to solve it. Yeah and I don't think that will be resolved in future too, but I think that is not a big problem as there are many other benefits attached with bitcoin, and I think we should concentrate on it. |
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dearbesz1219
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June 20, 2016, 11:51:27 AM |
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as I can see the fluctuation is not actually the main problem. perhaps, Bitcoins just need more innovations.  |
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leonix007
Sr. Member
Offline
Activity: 1008
Merit: 297
Grow with community
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June 21, 2016, 02:41:43 AM |
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Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC. yeah, is there any factors that contributes the speed to complete the transaction confirmation? |
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Schuyler
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June 21, 2016, 03:46:45 AM |
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I have to go with what many are saying, transaction times are not as quick as we would want them to be. In this day and age, and considering that bitcoin is a tech-driven currency, the more that it should be able to handle faster transactions. What more if the number of people using bitcoin to transact multiply by three-fold, then there must be a solution to this slow transaction process.
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amine14madrid
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June 21, 2016, 04:19:00 AM |
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The problem means the first problem is our country not allowed this Bitcoin as legal currency and next one is the price of Bitcoin it is not stable so in this time we get confuse we have to hold our coin or we sell it and make profit how much it possible. so this is the problem we are daily facing other wise Bitcoin is super. Very easy to use and transfer. Now some casino's are creating own currency if it happen in all casino what is the situation of Bitcoin this is also one problem.
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