What is big problem in using of bitcoin

[Corenin]

The big problem in using of bitcoin is that the price itself.
The fluctuation price of bitcoin when not monitored you
can have a big lose. Bitcoin is also an investment thats
why it is vital to monitor the price itself.

Price fluctuation is a problem for those who wants to make an investment in bitcoin for long term but its not a problem for traders as its helping them to make quick profits.

[madwica]

The big problem in using of bitcoin is that the price itself.
The fluctuation price of bitcoin when not monitored you
can have a big lose. Bitcoin is also an investment thats
why it is vital to monitor the price itself.

Price fluctuation is a problem for those who wants to make an investment in bitcoin for long term but its not a problem for traders as its helping them to make quick profits.

Correct fluctuation of the price is not a problem for each users bitcoin is more popular because of that fluctuation it can convince more investor to invest because they see the potential income if they invest.

[randy8777]

The big problem in using of bitcoin is that the price itself.
The fluctuation price of bitcoin when not monitored you
can have a big lose. Bitcoin is also an investment thats
why it is vital to monitor the price itself.

Price fluctuation is a problem for those who wants to make an investment in bitcoin for long term but its not a problem for traders as its helping them to make quick profits.

for me personally the volatility isn't a problem at all when it comes to my long term investment in bitcoin. i know that my selling target will be some years later than now. all the peaks and dumps right now don't affect me as i look at the bigger picture. others should do and think exactly the same.

[JumperX]

The big problem in using of bitcoin is that the price itself.
The fluctuation price of bitcoin when not monitored you
can have a big lose. Bitcoin is also an investment thats
why it is vital to monitor the price itself.

Price fluctuation is a problem for those who wants to make an investment in bitcoin for long term but its not a problem for traders as its helping them to make quick profits.

for me personally the volatility isn't a problem at all when it comes to my long term investment in bitcoin. i know that my selling target will be some years later than now. all the peaks and dumps right now don't affect me as i look at the bigger picture. others should do and think exactly the same.

Yeah if you are a long term holder then you should not worry about the short term pumps and dumps as in long run price will be definitely higher giving you best returns on your investments.

[ajun96]

Since bitcoin is decentralized money and so government could ban the digital money at any time so if this really happens then our hard earned money would go in water and we may give bye to cryptocurrency and our hard earned money. I hope this won't happen in my country i am very much dependent on bitcoin for my pocket money and some savings

well you are right, no people would be using crypto then in my opinion, for me there are no problems

For now i think there is not big problem about bitcoin but the problem is many scammers out there are using bitcoin to scam someone online.
And i hope they can adopt bitcoin to reverse payment just like paypal..

what? did i get you right? you want bitcoin transactions to be reversible? why? this would only open the door to other scammers. or the need to some kind of powerful judge who decides if and what transaction is reversed. do you want this? think again.

I think bitcoin payment systems will not be replaced. if you want your transaction with a third party to be safe. you need to use escrow for every transaction I'm sure you will not be deceived by someone, but of course you have to pay additional fees for renting escrow

[greBit]

Since bitcoin is decentralized money and so government could ban the digital money at any time so if this really happens then our hard earned money would go in water and we may give bye to cryptocurrency and our hard earned money. I hope this won't happen in my country i am very much dependent on bitcoin for my pocket money and some savings

well you are right, no people would be using crypto then in my opinion, for me there are no problems

For now i think there is not big problem about bitcoin but the problem is many scammers out there are using bitcoin to scam someone online.
And i hope they can adopt bitcoin to reverse payment just like paypal..

what? did i get you right? you want bitcoin transactions to be reversible? why? this would only open the door to other scammers. or the need to some kind of powerful judge who decides if and what transaction is reversed. do you want this? think again.

I think bitcoin payment systems will not be replaced. if you want your transaction with a third party to be safe. you need to use escrow for every transaction I'm sure you will not be deceived by someone, but of course you have to pay additional fees for renting escrow

I think its better to pay additional fees to escrow to make our transaction safer but you need to make sure that the escrow has good trust rating as in the past even many escrows were involved in scamming people.

[crypto.james]

to keep it safe in the wallet

[fkvidar]

It was a problem before that it was not used at any physical places for shopping, but with an existence of bitcoin debit/credit cards that problem has also been solved, so I don't find any problem in using them.

[blackmachinegun]

The big problem in using of bitcoin is that the price itself.
The fluctuation price of bitcoin when not monitored you
can have a big lose. Bitcoin is also an investment thats
why it is vital to monitor the price itself.

I thought to anticipate when the price suddenly moves very quickly you can download an app on your android phone or on the price of bitcoin so you can monitor the price of each passing moment hp and you can tell when prices suddenly rise or fall

[peta4e]

I don't find any problem in using bitcoin at a moment and everything is going fine for me as I am focusing  only on the benefits attached with it and if there is any problem then I simply ignore it or try to find solution.

[Labumi]

I don't find any problem in using bitcoin at a moment and everything is going fine for me as I am focusing  only on the benefits attached with it and if there is any problem then I simply ignore it or try to find solution.

The thought of something so incredible. Indeed we should basically be able to solve a problem that we have experienced, after the sense we have not enough knowledge about solving problems that we must be active in order to find the right person or expert and can help us with good

[chaosknight]

I don't find any problem in using bitcoin at a moment and everything is going fine for me as I am focusing  only on the benefits attached with it and if there is any problem then I simply ignore it or try to find solution.

The thought of something so incredible. Indeed we should basically be able to solve a problem that we have experienced, after the sense we have not enough knowledge about solving problems that we must be active in order to find the right person or expert and can help us with good

I think after spending enough time with bitcoin we don't need to find any expert for finding solution to our problems, as we can do it on our own and we cannot depend on anyone else for solving a problem.

[lienfaye]

It was a problem before that it was not used at any physical places for shopping, but with an existence of bitcoin debit/credit cards that problem has also been solved, so I don't find any problem in using them.

I agree its much easier to use it now, well i dont encounter any big problem in bitcoin and there are some issues that can easily resolve maybe the decreasing of price is one we consider a bad side of it.

[Altynbekova]

The big problem of using bitcoin is to actually find a place or spot where you can use them cause they are not accepted in alot of places yet.
So the problem is you have to convert back to fiat everytime which costs money ofcourse, we don't want that.

[newIndia]

what problem do you have in bitcoin.

The hour long wait while blocks are not found for an hour.

[Daniel91]

I don't have problem with Bitcoin itself but have problems with people around me, which don't know about Bitcoin.
It will be great if merchants, offline and online, accept Bitcoin as payment option.
Right now, in my country, I can't use Bitcoin for payments of services or goods.
So, my biggest problem in using Bitcoin is that I can't use Bitcoin

[BlueStackz]

what problem do you have in bitcoin.

The hour long wait while blocks are not found for an hour.

If you include enough fees, you will get chances for your transaction to be included in very next block itself. Sometimes I do see blocks are not being generated even for some 30 to 40 minutes also. But they are very rare occurrence, as we could expect blocks to be generated approximately every 10 minutes.

[terman45x]

what problem do you have in bitcoin.

The hour long wait while blocks are not found for an hour.

If you include enough fees, you will get chances for your transaction to be included in very next block itself. Sometimes I do see blocks are not being generated even for some 30 to 40 minutes also. But they are very rare occurrence, as we could expect blocks to be generated approximately every 10 minutes.

Yes if we add higher fees then it won't take much time for transaction to get confirmed, and I don't think that its an major problem at a moment as my transaction gets confirmed maximum in 15 minutes.

[danherbias07]

what problem do you have in bitcoin.

The hour long wait while blocks are not found for an hour.

If you include enough fees, you will get chances for your transaction to be included in very next block itself. Sometimes I do see blocks are not being generated even for some 30 to 40 minutes also. But they are very rare occurrence, as we could expect blocks to be generated approximately every 10 minutes.

Yes if we add higher fees then it won't take much time for transaction to get confirmed, and I don't think that its an major problem at a moment as my transaction gets confirmed maximum in 15 minutes.

Yes but as it goes on more time will be consumed. I think it is because the ledger is being fulled and a lot of transaction are being made which cannot be taken care of those who confirm it.
High payments will really be out sooner to conclude the transaction faster.
Or are we just getting more impatient because we are used to faster deals?

[Blitzboy]

I don't have problem with Bitcoin itself but have problems with people around me, which don't know about Bitcoin.
It will be great if merchants, offline and online, accept Bitcoin as payment option.
Right now, in my country, I can't use Bitcoin for payments of services or goods.
So, my biggest problem in using Bitcoin is that I can't use Bitcoin

Yeah I have the same thing, I love bitcoin but the people surrounding me for some reasons don't pay any attention to it. As a result, I can hardly use it directly in my place.