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Author Topic: What is big problem in using of bitcoin  (Read 38684 times)
Nevis
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June 21, 2016, 09:44:48 AM
 #181

what problem do you have in bitcoin.
The problem I have with my bitcoin is inaccessible stretch of great value to the bitcoin, then the one when you transfer one other wallet, they hold the confirmation,
chineseprancing
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June 21, 2016, 09:51:41 AM
 #182

what problem do you have in bitcoin.
For me its all about the transactions. last week i have a 38 hour transaction. Its too long to get into my wallet. for me that is the major problem for bitcoin.
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June 21, 2016, 10:57:23 AM
 #183

the main problem is still how much trouble it is to acquire bitcoin.

You have to meet up in person or risk getting scammed or pay way over the
going ask.

until its easier to get bitcoin that will always be the biggest problem

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June 21, 2016, 11:46:23 AM
 #184

Well I got no problem in using bitcoin. I easily convert it to real cash, and use it for other purposes. Well for me it's not a problem its a problem solver.
About the transaction confirmation? You doesn't experience a problem in transaction confirmation? For me transaction confirmation is the most problem  in bitcoins
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June 21, 2016, 11:52:15 AM
 #185

Well I got no problem in using bitcoin. I easily convert it to real cash, and use it for other purposes. Well for me it's not a problem its a problem solver.
About the transaction confirmation? You doesn't experience a problem in transaction confirmation? For me transaction confirmation is the most problem  in bitcoins

Transaction confirmation is not at all an big issue. In my view the price fluctuations happening without any notification is the only problem which is felt rarely.

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June 21, 2016, 01:49:25 PM
 #186

The unstable  price of bitcoin I think.. cause there are some  people  who uses bitcoin sells it .. panicing when bitcoin goes down and  making them lose more money ..

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June 21, 2016, 01:53:53 PM
 #187

i think bitcoin is not established at my area and thats why i can not spend my coins freely. i hope and will try to do something for it

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June 21, 2016, 01:54:54 PM
 #188

Complete BTC transaction time can be up to 24 hours and more. It is one of largest problems in using BTC.  Wink

yeah, is there any factors that contributes the speed to complete the transaction confirmation?
In my knowledge reliable fee can make your transaction is getting fast rather than you give a little fee, the limited block can make confirmation transaction is too long. be patience to wait for it.

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June 22, 2016, 06:33:00 AM
 #189

One of the biggest problems in using bitcoin is probably the irreversibility of it as a payment processor. This is both good and bad for bitcoin, because if you are a buyer then you must trust the other guy completely.

But if you are the seller, then this means extra protection for you.
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June 23, 2016, 09:36:07 AM
 #190

The unstable  price of bitcoin I think.. cause there are some  people  who uses bitcoin sells it .. panicing when bitcoin goes down and  making them lose more money ..

Yes, i fully agree the fluctuation is insane some days it is $700 then the other it will go to $500 you can just never really tell when it comes to btc but that's also the exciting part about it, gambling gambling pretty much.

You gamble with BTC then take a gamble with the stock itself.
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June 23, 2016, 10:38:26 PM
 #191

The unstable  price of bitcoin I think.. cause there are some  people  who uses bitcoin sells it .. panicing when bitcoin goes down and  making them lose more money ..

Yes, i fully agree the fluctuation is insane some days it is $700 then the other it will go to $500 you can just never really tell when it comes to btc but that's also the exciting part about it, gambling gambling pretty much.

You gamble with BTC then take a gamble with the stock itself.

Yes that definitely is also a big problem but i doubt that it is a main issue, that is what people really enjoy, the rush of the fluctuation and such so you cant really say that because thats why some people even use btc.
hermanhs09
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June 24, 2016, 01:14:28 PM
 #192

The unstable  price of bitcoin I think.. cause there are some  people  who uses bitcoin sells it .. panicing when bitcoin goes down and  making them lose more money ..

Yes, i fully agree the fluctuation is insane some days it is $700 then the other it will go to $500 you can just never really tell when it comes to btc but that's also the exciting part about it, gambling gambling pretty much.

You gamble with BTC then take a gamble with the stock itself.

Yes that definitely is also a big problem but i doubt that it is a main issue, that is what people really enjoy, the rush of the fluctuation and such so you cant really say that because thats why some people even use btc.

Gambling like that by gambling the major fluctuations is not a bad idea but you also have to know if you invest you're bound to make more money. You have to look at people that want fast and slow profit.
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June 25, 2016, 02:01:00 AM
 #193

The unstable  price of bitcoin I think.. cause there are some  people  who uses bitcoin sells it .. panicing when bitcoin goes down and  making them lose more money ..

Yes, i fully agree the fluctuation is insane some days it is $700 then the other it will go to $500 you can just never really tell when it comes to btc but that's also the exciting part about it, gambling gambling pretty much.

You gamble with BTC then take a gamble with the stock itself.

Yes that definitely is also a big problem but i doubt that it is a main issue, that is what people really enjoy, the rush of the fluctuation and such so you cant really say that because thats why some people even use btc.

Gambling like that by gambling the major fluctuations is not a bad idea but you also have to know if you invest you're bound to make more money. You have to look at people that want fast and slow profit.

If you invest you probably would make more money but that's really dependent on the certainty that you'll make some profit out of it and there is no certainty to make money out of btc and i think that's one of the bigger issues for people that use btc daily.
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June 25, 2016, 02:16:47 AM
 #194

Nothing much
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June 25, 2016, 02:20:03 AM
 #195

Well I got no problem in using bitcoin. I easily convert it to real cash, and use it for other purposes. Well for me it's not a problem its a problem solver.
About the transaction confirmation? You doesn't experience a problem in transaction confirmation? For me transaction confirmation is the most problem  in bitcoins

I think so, this transaction confirmation and delays causes a lot of concerns. Some time it takes days  to clear the funds and if you need it immediately you have nothing to but be patience and wait. BUT they say you can increased the fee so that your transaction will be given high priority in the blockchain to confirm.

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June 25, 2016, 02:27:29 AM
 #196

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.  Smiley
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June 25, 2016, 05:00:09 AM
 #197

Well I got no problem in using bitcoin. I easily convert it to real cash, and use it for other purposes. Well for me it's not a problem its a problem solver.
About the transaction confirmation? You doesn't experience a problem in transaction confirmation? For me transaction confirmation is the most problem  in bitcoins

I think so, this transaction confirmation and delays causes a lot of concerns. Some time it takes days  to clear the funds and if you need it immediately you have nothing to but be patience and wait. BUT they say you can increased the fee so that your transaction will be given high priority in the blockchain to confirm.
Yes true I also have experienced transaction was delayed and it was very boring. Perhaps the problem that must be overcome to bitcoin users more comfortable.
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June 25, 2016, 05:02:20 AM
 #198

Well I got no problem in using bitcoin. I easily convert it to real cash, and use it for other purposes. Well for me it's not a problem its a problem solver.
About the transaction confirmation? You doesn't experience a problem in transaction confirmation? For me transaction confirmation is the most problem  in bitcoins

I think so, this transaction confirmation and delays causes a lot of concerns. Some time it takes days  to clear the funds and if you need it immediately you have nothing to but be patience and wait. BUT they say you can increased the fee so that your transaction will be given high priority in the blockchain to confirm.
Yes true I also have experienced transaction was delayed and it was very boring. Perhaps the problem that must be overcome to bitcoin users more comfortable.

the delayed confirmation of bitcoin it's depend about how much your fee, how much your bitcoin send.
i think if you give the normal fee it's can be confirmed in 30minute or less.

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Indrawan77
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June 25, 2016, 05:18:27 AM
 #199

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
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June 25, 2016, 05:36:18 AM
 #200

The only problem i face is sometimes it takes alot of times many hours for the transaction to be confirmed.The recommended fee is sometimes really high if we are sending small amount of bitcoins then there is a bit problem...also btc price has increased so the fee value has become more as well..otherwise i love bitcoin
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