What is big problem in using of bitcoin

[bitdumper]

the biggest problem is scam and ponzies and i am seeing from some time that hypes are again getting popular i do not exactly know why but people are again ready to burn their money thats only what i think so do not decide to invest in them after reading this

[Shibashi Dogemoto]

the biggest problem is scam and ponzies and i am seeing from some time that hypes are again getting popular i do not exactly know why but people are again ready to burn their money thats only what i think so do not decide to invest in them after reading this

If we are aware that all the sites are scam then how can it be a problem? As after knowing this fact we will never invest our money in it and if we do then its our own mistake.

[Qunenin]

For me, actually my country's people litter bit know about bitcoins, so that's why i have a problem to use the bitcoin, even i never see any shop where i can use my bitcoins, i use it only online and can't use it anywhere i mean openly, even my only few friends know about it, but now i feel day to day my country's people know about it and that is great for me.

[umaOuma]

Sometimes I do not like to Bitcoin, I have to wait to confirm a transaction.
But that does not happen often, just when many transactions are unconfirmed.
There are also many positive sides!

I don't understand why users keep on complaining about problem related to delay in confirmation time, just put some higher fees and your problem is solved in no time.

[diodio5]

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 think the fluctuation is normal in bitcoin. you should be familiar with fluctuations in bitcoin was not a problem, if you are familiar with the fluctuation then you can take advantage of fluctuations that exist.
therefore you should always be prepared with contingencies when prices go up and down

[greatr]

what problem do you have in bitcoin.

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

you are right, blocks are taking such a log time to get mined and the fees are really huge some times

[delliaerd]

Sometimes I do not like to Bitcoin, I have to wait to confirm a transaction.
But that does not happen often, just when many transactions are unconfirmed.
There are also many positive sides!

I don't understand why users keep on complaining about problem related to delay in confirmation time, just put some higher fees and your problem is solved in no time.

The reason why we must confirm a transaction is for our security. in this case,  confirmation in any transaction will prevent our wallet to be hacked by someone who can do it. It is give more diviculty for the hacker to doing hack to our wallet. Also it will prevent us to make a mistake while we do a transaction. The costumer will always keep on complaining becouse not all of them knew about technical thing. But it is good, it can make the developer keep moving forward to give the best service for bitcoin user. I think the problem to use bitcoin in not so big. It still fine to use bitcoin becouse the fee is lower than fiat thats why some people preffer like to use bitcoin than fiat.

[Ryananda]

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 think the fluctuation is normal in bitcoin. you should be familiar with fluctuations in bitcoin was not a problem, if you are familiar with the fluctuation then you can take advantage of fluctuations that exist.
therefore you should always be prepared with contingencies when prices go up and down

Yes, fluctuation occurs naturally in bitcoin and it was not a problem. We must be able to familiarize themselves with prices always fluctuate. We can use it even be beneficial to us. If I often run into problems in the transfer of bitcoin is often experienced problems for several days, it was very disturbing.

[requester]

It's decentralized government of many nation had already banned it and we have no idea where our government will accept it as money it will ban it. I have roughly about 0.04 bitcoin and if those amount gets blocked then my soul will leave me. As a student this much amount is more than enough for me to spend for 2 3 months.

[JessicaSe]

It's decentralized government of many nation had already banned it and we have no idea where our government will accept it as money it will ban it. I have roughly about 0.04 bitcoin and if those amount gets blocked then my soul will leave me. As a student this much amount is more than enough for me to spend for 2 3 months.

I understand its an big amount for you but there are many people who are holding huge amount of coins and if Government bans bitcoin then they will surely get bankrupt and if that happens people will find other ways to use it.

[DimidoffVany]

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

If I have any problems, because of the fact that I was not able to defend their rights or other actions but protect their consumer rights will be simply impossible it seems to me to be the most serious problem.

[hua_hui]

what problem do you have in bitcoin.

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

Actually one hour is not consider as long. I have waited before 3-4days as the server is packed with transaction and even with higher fee, it is not working that well. I also end up double spend.

[stromma44]

There are no major problems in using bitcoins at a moment, only sometimes issue is with confirmation time but that problem has also been solved by adding some higher fees to the transaction.

[MTBTT]

what problem do you have in bitcoin.

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

yeah confirmation time sometimes makes me very annoyed. because I had to wait up to one hour to get the first confirmation? where fast transaction?

[Nimbulan]

what problem do you have in bitcoin.

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

you are right about that, i really hate that to be honest, it should be solved as soon as possible

[dearbesz1219]

what problem do you have in bitcoin.

No I don't have any problem in bitcoin. In fact, it helps me a lot and gave amusement too in my daily habit. Aside from earning that bitcoin gave to me, And I don't see any problem in any transaction that I made every time I convert it into cash.

[NordicRanger]

I do not have real problem with the bitcoin, the only downside that is already said is that you have to wait sometimes so long due to the confirms that has to be done.
Its very annoying and I hope this will change in the future..

[chaser15]

I do not have real problem with the bitcoin, the only downside that is already said is that you have to wait sometimes so long due to the confirms that has to be done.
Its very annoying and I hope this will change in the future..

It's annoying if you want an instant confirmation without paying priority fees. So it's dumb to think if you want an instant confirmation.

It will not change in the future based on what is happening in bitcoin network today. If you want a fast one, then add some fees.

[Drago2016]

When summer there was information about what happened to bitfinex and what the price of bitcoin went to the bottom, I have a little heart is not stopped. This I speak figuratively. But I was in a very deep shock. I'm afraid of losing all that has acquired overwork. This is probably very scared.

[richmcrich]

When summer there was information about what happened to bitfinex and what the price of bitcoin went to the bottom, I have a little heart is not stopped. This I speak figuratively. But I was in a very deep shock. I'm afraid of losing all that has acquired overwork. This is probably very scared.

But you need not to dependent on an exchange all the time when you are having more options with many exchanges also you might be having more options to save your bitcoin securely.

All the business are vulnerable to hacking or any other similar problems. It is not new due to bitcoins. In our real life, it is more commonly happening. We should not save our bitcoin neither in exchanges nor in online wallets. Saving within ourselves must be the right option.