What is big problem in using of bitcoin

[CraigWrightBTC]

After i got profit from trading altcoins, the big problem in using of bitcoin is can not pay things on real life because there are not stores who accept bitcoin on my regional, i must sell bitcoins to fiat money and making withdrawal to account of Bank. It was took my time and not simple.

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[Sithara007]

For me, these are the main issues:

1. Very few shops and retail shops are accepting it.
2. Takes too long for confirmation.
3. Legal status is unclear in most of the countries.
4. Too many hackers and thieves.
5. Stagnant exchange rates.

[Ryananda]

For me the biggest problem in using bitcoin is when invest and yet you scam by someone. Another problem is when you deposit real money to you wallet and convert into bitcoin then suddenly the bitcoin decrease the value so for you it is injustice. He he.

Yes a lot of scam when we invest in and it was very big problem, because we can not freely choose a site that is really reliable. It is also a problem for me because it is very difficult to find sites that are not investment scam. If the fluctuation of bitcoin I think it's reasonable and not so problems can even make a profit.

[fkvidar]

For me the biggest problem in using bitcoin is when invest and yet you scam by someone. Another problem is when you deposit real money to you wallet and convert into bitcoin then suddenly the bitcoin decrease the value so for you it is injustice. He he.

Yes a lot of scam when we invest in and it was very big problem, because we can not freely choose a site that is really reliable. It is also a problem for me because it is very difficult to find sites that are not investment scam. If the fluctuation of bitcoin I think it's reasonable and not so problems can even make a profit.

Price fluctuation is not a problem at all in bitcoins in fact it is an opportunity to buy low and sell high, and yes the most headache with bitcoins at a moment is that there is no genuine place to invest our coins.

[Anemed]

For me the biggest problem in using bitcoin is when invest and yet you scam by someone. Another problem is when you deposit real money to you wallet and convert into bitcoin then suddenly the bitcoin decrease the value so for you it is injustice. He he.

Yes a lot of scam when we invest in and it was very big problem, because we can not freely choose a site that is really reliable. It is also a problem for me because it is very difficult to find sites that are not investment scam. If the fluctuation of bitcoin I think it's reasonable and not so problems can even make a profit.

Price fluctuation is not a problem at all in bitcoins in fact it is an opportunity to buy low and sell high, and yes the most headache with bitcoins at a moment is that there is no genuine place to invest our coins.

Its just a currency, i dont think there will can be any problem in using bitcoins unless and until the country we live in does not allow you to use so. When the bitcoin is exchanged to local currency, the price of it really matters. But it is not so where bitcoins are accepted.

[peta4e]

For me the biggest problem in using bitcoin is when invest and yet you scam by someone. Another problem is when you deposit real money to you wallet and convert into bitcoin then suddenly the bitcoin decrease the value so for you it is injustice. He he.

Yes a lot of scam when we invest in and it was very big problem, because we can not freely choose a site that is really reliable. It is also a problem for me because it is very difficult to find sites that are not investment scam. If the fluctuation of bitcoin I think it's reasonable and not so problems can even make a profit.

Price fluctuation is not a problem at all in bitcoins in fact it is an opportunity to buy low and sell high, and yes the most headache with bitcoins at a moment is that there is no genuine place to invest our coins.

Its just a currency, i dont think there will can be any problem in using bitcoins unless and until the country we live in does not allow you to use so. When the bitcoin is exchanged to local currency, the price of it really matters. But it is not so where bitcoins are accepted.

Bitcoins are not accepted in my country anywhere so either I have to spend it online or need to convert it to fiat and the fact is converting bitcoins to fiat is not free in my country and that's a big problem.

[boyptc]

For me the biggest problem in using bitcoin is when invest and yet you scam by someone. Another problem is when you deposit real money to you wallet and convert into bitcoin then suddenly the bitcoin decrease the value so for you it is injustice. He he.

Yes a lot of scam when we invest in and it was very big problem, because we can not freely choose a site that is really reliable. It is also a problem for me because it is very difficult to find sites that are not investment scam. If the fluctuation of bitcoin I think it's reasonable and not so problems can even make a profit.

Price fluctuation is not a problem at all in bitcoins in fact it is an opportunity to buy low and sell high, and yes the most headache with bitcoins at a moment is that there is no genuine place to invest our coins.

Its just a currency, i dont think there will can be any problem in using bitcoins unless and until the country we live in does not allow you to use so. When the bitcoin is exchanged to local currency, the price of it really matters. But it is not so where bitcoins are accepted.

That is the main problem about bitcoin as per some countries doesn't allow the use of bitcoin. But with the system of bitcoin I cannot plainly see a problem regarding to it's measure and use. But still if you are lucky in your location and there is an exchange site to your country then you can still enjoy bitcoin at all.

[daringdiscovered]

The big problem about bitcoin until now is only few or selected stores accepts it as a payment. Before you can really spend it for something you want, you need to convert it first into fiat to be able to spend it. Converting it has some fees also which makes us bitcoin users to not convert that often.

[rababo]

For me, my biggest problem is when I do transaction using bitcoin, the transaction can't be retrieved once it sent. So we have to be very careful when we do transaction and review everything before pressing the send button.

[dezoel]

For me, my biggest problem is when I do transaction using bitcoin, the transaction can't be retrieved once it sent. So we have to be very careful when we do transaction and review everything before pressing the send button.

That is not a problem I guess, you need to be careful before sending your bitcoins, check and recheck and that is the best solution to avoid mistakes and losses.

[trinaldao]

For me, these are the main issues:

1. Very few shops and retail shops are accepting it.
2. Takes too long for confirmation.
3. Legal status is unclear in most of the countries.
4. Too many hackers and thieves.
5. Stagnant exchange rates.

i agree with your, the confirmation is not fast like other competitor, the bitcoin transaction need arround 15minute to get 1confirmation .
that's a biggest problem for small merchands

[irfan_pak10]

what problem do you have in bitcoin.

Which type of problem you are talking about? can you be precise? overall i have no issue in using the Bitcoin online. I can use it to shop anything. But idf you are talking about offline yeah have many issues. Like have no bitcoin atms, where to cashout them? There is no physical bitcoin currency yet. Few people in my country are using this coin so no use offline. etc

[marleybobthedog]

The biggest problem with bitcoin is that it's a personal i mean no government interference is there so government our country could easily ban using bitcoin and all my earning would go in vain. But I will still stick to bitcoin till the last day of bitcoin in our country.

[JessicaSe]

The biggest problem with bitcoin is that it's a personal i mean no government interference is there so government our country could easily ban using bitcoin and all my earning would go in vain. But I will still stick to bitcoin till the last day of bitcoin in our country.

Even if Government will ban it, I think people will  continue to use it but the only problem would be to convert it to fiat, and may be we need to convert it to fiat illegally.

[shield132]

Personally I don't have any problem in using of bitcoin but some problem is that some people are using bitcoins in illegal way, they are selling bad thing and etc. Also when someone sells huge amount of bitcoin, than it's price is dropping very quickly and if I lost my hard drive, my wallet and my bitcoins will dissapear.

To my mind this was only problem in using bitcoin, nothing more.

[20kevin20]

The only problem I can think of should be the confirmation time. Although I have never had problems with it (the deposits got confirmed almost instantly), I heard many people complaining.

[crackhawk]

for me the problem is now very hard to mining it, i can't use my old cpu to mining bitcoin   

[co5hike]

Personally I don't have any problem in using of bitcoin but some problem is that some people are using bitcoins in illegal way, they are selling bad thing and etc. Also when someone sells huge amount of bitcoin, than it's price is dropping very quickly and if I lost my hard drive, my wallet and my bitcoins will dissapear.

To my mind this was only problem in using bitcoin, nothing more.

I think you should transfer your coins to online wallet, I have saved all my coins in blockchain wallet and I never found any issue with its security, my coins or wallet never got hacked till date.

[dandroid]

At least for me, one of the biggest problems is that the confirmations, in different cases, are taking too long. This can be a big problem in a few situations.

[partialist]

Confirmation times is a fairly big issue.