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co5hike
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September 10, 2016, 12:41:56 PM |
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what problem do you have in bitcoin.
I dont have problem using bitcoin why? coz bitcoin helps me on weekly expenses where i always get money from bitcoin and here in my country bitcoin are legal where many people are now have interest on bitcoin hoping that bitcoin will grow more 😊 Yes I don't find any problem in using bitcoin at a moment, no doubt we cannot spend them at physical place but we can convert them to fiat any time for spending. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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marleybobthedog
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September 10, 2016, 12:53:32 PM |
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The biggest problem is the fear of losing all bitcoin because many country banned bitcoin and if the same our government does with bitcoin then definitely my all 0.03 bitcoin will go in water. And I would not be about to earn bitcoin again.
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JessicaSe
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Activity: 840
Merit: 1000
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September 10, 2016, 12:57:20 PM |
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The biggest problem is the fear of losing all bitcoin because many country banned bitcoin and if the same our government does with bitcoin then definitely my all 0.03 bitcoin will go in water. And I would not be about to earn bitcoin again.
Which country you belong to? As I think not many countries have banned bitcoins, and even if it gets banned people will continue to use it using VPN services as in many countries even gambling is banned but people are easily gambling with bitcoins. |
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randy8777
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Activity: 896
Merit: 1000
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September 10, 2016, 01:03:34 PM |
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The biggest problem is the fear of losing all bitcoin because many country banned bitcoin and if the same our government does with bitcoin then definitely my all 0.03 bitcoin will go in water. And I would not be about to earn bitcoin again.
it all depends on what kind of ban your country has forced through. that's very important to know. if it is only restricted to companies, then you as person has nothing to worry about. also important, certain countries banning bitcoin doesn't mean you will lose your coins. there are many ways to either sell your coins, or keep simply using bitcoin. |
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MinerHQ
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Activity: 1456
Merit: 1023
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September 10, 2016, 01:06:46 PM
Last edit: September 13, 2016, 01:01:32 PM by MinerHQ |
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The biggest problem is the fear of losing all bitcoin because many country banned bitcoin and if the same our government does with bitcoin then definitely my all 0.03 bitcoin will go in water. And I would not be about to earn bitcoin again.
Which country you belong to? As I think not many countries have banned bitcoins, and even if it gets banned people will continue to use it using VPN services as in many countries even gambling is banned but people are easily gambling with bitcoins. Yup, there are a lot of countries decided that Bitcoin is an illegal currency. And only a few number of countries is accepting direct Bitcoin as their payment. But if you don't have a chance to spend your Bitcoin means sell it to any 3rd party site or sell any trusted member and make it fiat currency. That's it. |
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doomistake
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September 10, 2016, 01:16:40 PM |
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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.
First let me answer you first question. The only problem about BTC is that it changes it's range or currency but no one knows when. But I recommend you to save your BTC cause you know it might hit a high rate someday. Second, if your problem is changing your BTC address, you can create another wallet account so that you can have another BTC address. Then go to your profile, click forums profile information. You can see a box there for your BTC address then you just need to replace your old BTC address of your new one then save it and you're done. |
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techfm86
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Merit: 10
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September 10, 2016, 05:36:46 PM |
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Maybe the biggest problem is that some transaction are never confirmed in Blockchain and you can lose your coins for good . It does not happen very often but still. And Bitcoin is still not accepted everywhere , so that can be an obstacle to.
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ekoice
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September 10, 2016, 05:42:00 PM |
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The main problem is Bitcoin is not familiar to all sections of people.
Only a few commercial organisations have accepted it as a means of payment.
Having money in bitcoin as savings is highly risky due to large fluctuations in its price.
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DimidoffVany
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September 10, 2016, 06:40:06 PM |
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what problem do you have in bitcoin.
The real problem with bitcoin I did not. But some time ago, I lost a lot because of his inexperience. I bought a little money and wanted to try to make a profit, but did not calculate the forces. |
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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September 10, 2016, 06:58:05 PM |
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what problem do you have in bitcoin.
The real problem with bitcoin I did not. But some time ago, I lost a lot because of his inexperience. I bought a little money and wanted to try to make a profit, but did not calculate the forces. The problem i think are those who making a ponzi sites that can affect our personal information also the image of bitcoin.. But bitcoin still good to invest. |
Solving blocks can't be solved without my rigs.
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delliaerd
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September 10, 2016, 07:43:55 PM |
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what problem do you have in bitcoin.
The real problem with bitcoin I did not. But some time ago, I lost a lot because of his inexperience. I bought a little money and wanted to try to make a profit, but did not calculate the forces. The problem i think are those who making a ponzi sites that can affect our personal information also the image of bitcoin.. But bitcoin still good to invest. the ponzi and scam site of investment is so cause resentment for every people whom put a money on that. maybe we can avoid the probmlems by using bitcoin in security aspect by do safe ways earning bitcoin , like signature campaign. it would be like good idea i think. |
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justspare
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September 11, 2016, 02:27:13 AM |
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Perhaps the biggest problem in using bitcoin is in price instability, this is a factor that is stopping many companies and important investors to use it. It is clearly an advantage for the traders though.
That is definitely one of the reasons that companies don't want to accept Bitcoin as a payment method. Another problem is that the transaction times are way too long compared to credit or debit cards. |
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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September 11, 2016, 02:32:53 AM |
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Perhaps the biggest problem in using bitcoin is in price instability, this is a factor that is stopping many companies and important investors to use it. It is clearly an advantage for the traders though.
That is definitely one of the reasons that companies don't want to accept Bitcoin as a payment method. Another problem is that the transaction times are way too long compared to credit or debit cards. Merchants don't care about the volatility. Merchants accepting Bitcoin as payment tool, are using a third party payment provider to convert all their Bitcoin related sales directly to fiat. They never see a single Satoshi in the entire process. |
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Mr.grin
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Activity: 1218
Merit: 1000
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September 11, 2016, 03:51:41 AM |
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the biggest problem currently in bitcoin is very difficult to hold bitcoin in a very long time. always there are things that make me use my bitcoin, even if I have been very eager to collect bitcoin, but many purposes suddenly appear so I have to redeem my bitcoin with money, but other than that I do not think there is a problem at this time
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Carmen_Sandiego
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September 11, 2016, 06:01:30 AM |
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The only problem i think is some times it takes a lot of time for the transaction to get confirmed in blockchain . Despite that bitcoin is the best. And if we pay the recommended fee then we dont have to face this problem as well..
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deisik
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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September 11, 2016, 10:32:29 AM
Last edit: September 11, 2016, 10:50:52 AM by deisik |
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Perhaps the biggest problem in using bitcoin is in price instability, this is a factor that is stopping many companies and important investors to use it. It is clearly an advantage for the traders though.
That is definitely one of the reasons that companies don't want to accept Bitcoin as a payment method. Another problem is that the transaction times are way too long compared to credit or debit cards. Merchants don't care about the volatility. Merchants accepting Bitcoin as payment tool, are using a third party payment provider to convert all their Bitcoin related sales directly to fiat. They never see a single Satoshi in the entire process. Oh, really? So what about the fiat price of their merchandise which is denominated in bitcoins? A third party payment provider recruited to convert their "Bitcoin related sales directly to fiat" is inconsequential in this process. If the price of Bitcoin drops and they don't rise the price of their goods (which they are still labeling in bitcoins, mind you), they will most certainly incur losses in fiat terms (which is what they care for and get from the payment processor). Still gonna claim that merchants don't care about volatility? Even if "they never see a single Satoshi in the entire process" |
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co5hike
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September 11, 2016, 10:34:43 AM |
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I don't find any problem in using bitcoin at a moment, as I am only using it online and I am very much satisfied with it and if I have to buy something in real world then I don't hesitate in converting it to fiat.
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Ryananda
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September 11, 2016, 11:20:38 AM |
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I don't find any problem in using bitcoin at a moment, as I am only using it online and I am very much satisfied with it and if I have to buy something in real world then I don't hesitate in converting it to fiat.
Yes you are lucky not to have problems in bitcoin. I myself have experienced delivery delays in bitcoin so delayed until many days. It was very disturbing me because I badly needed funds in quick time. Maybe it's a matter of bitcoin have ever experienced. |
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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September 11, 2016, 11:35:51 AM |
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I don't find any problem in using bitcoin at a moment, as I am only using it online and I am very much satisfied with it and if I have to buy something in real world then I don't hesitate in converting it to fiat.
Yes you are lucky not to have problems in bitcoin. I myself have experienced delivery delays in bitcoin so delayed until many days. It was very disturbing me because I badly needed funds in quick time. Maybe it's a matter of bitcoin have ever experienced. I too have experienced it. but today I already know the problem. when the delivery fee which I use very small. it's very influential. and until now I have never experienced a longer delay in delivery. |
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torrentheaven
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September 11, 2016, 11:38:09 AM |
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I don't find any problem in using bitcoin at a moment, as I am only using it online and I am very much satisfied with it and if I have to buy something in real world then I don't hesitate in converting it to fiat.
Yes you are lucky not to have problems in bitcoin. I myself have experienced delivery delays in bitcoin so delayed until many days. It was very disturbing me because I badly needed funds in quick time. Maybe it's a matter of bitcoin have ever experienced. I too have experienced it. but today I already know the problem. when the delivery fee which I use very small. it's very influential. and until now I have never experienced a longer delay in delivery. Yes if you add appropriate fees then it will reduce the time of confirmation and it will hardly take 10 to 15 minutes for the transaction to get confirmed and that is not a problem at all. |
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