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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43220 times)
Maesters1-
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July 07, 2016, 01:05:52 PM
 #421

my least favorite thing about btc is that when prices goes down i feel like
its gonna take decades to pump it up back again
yes that is a fact i am agree with you. but for me the transaction period is also a problem some time it feels that i have lost the whole bitcoin during the transaction period.
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July 07, 2016, 01:24:53 PM
 #422

The fact that I didn't put all my money in it when you could get it for pennies and I was actually following it! haha!

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July 08, 2016, 12:53:17 AM
 #423

my least favorite thing about btc is that when prices goes down i feel like
its gonna take decades to pump it up back again
yes that is a fact i am agree with you. but for me the transaction period is also a problem some time it feels that i have lost the whole bitcoin during the transaction period.
If you have a complaint, I suggest you contact customer service, they always help our complaints, and hopefully you can come back again bitcoin. there is a saying "embarrassed to ask, misguided road"
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July 08, 2016, 07:44:22 AM
 #424

I do not like the fact that Bitcoin is used by many scammers, using the fact that sent the transaction can not be canceled. And as they rob those who only learned about Bitcoin, beginners. And also, a complicated process output in paper money. Many exchangers give it a very big percent commission.
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July 08, 2016, 07:48:46 AM
 #425

I do not like the fact that Bitcoin is used by many scammers, using the fact that sent the transaction can not be canceled. And as they rob those who only learned about Bitcoin, beginners. And also, a complicated process output in paper money. Many exchangers give it a very big percent commission.

Unfortunatelly scammers are a necessary evil in the way bitcoin operates.
There will be always those who try to exploit the others no matter what.
But here in betcoin you can minimize that chance by simply using your head.
If somethins sounds too good, it mostly is.

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July 08, 2016, 07:50:18 AM
 #426

My least favorite thing about bitcoin is that many a times a transaction takes so much long time even though it is of high priority too.

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July 08, 2016, 08:56:35 AM
 #427

The fact that I didn't put all my money in it when you could get it for pennies and I was actually following it! haha!

Even back when it was $250 or even $450! As its still currently at $640, once could have made a lot of profit if he or she knew it would rise so much! I would of thrown everything i had at bitcoin haha if i had known it was gonna rise several hundreds. Im sure many would have.

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July 08, 2016, 10:05:39 AM
 #428

Well my least favorite thing about bitcoin is the transaction confirmations because sometimes it takes long. When it takes long I get irritated but when it is fast im happy. Well I like its other features just that the transaction confirmation time is what irritates me sometimes.
I think you the confirmation is always taking a few minute to get the first confirmation, maybe 15-25 minute it's normal but for the transaction is instant no needed time to do this. but for the confirmation, if take a more than 15-25 it's abnormal and getting the problem.

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July 08, 2016, 12:32:09 PM
 #429

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.
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July 08, 2016, 12:34:22 PM
 #430

Well my least favorite thing about bitcoin is the transaction confirmations because sometimes it takes long. When it takes long I get irritated but when it is fast im happy. Well I like its other features just that the transaction confirmation time is what irritates me sometimes.
I think you the confirmation is always taking a few minute to get the first confirmation, maybe 15-25 minute it's normal but for the transaction is instant no needed time to do this. but for the confirmation, if take a more than 15-25 it's abnormal and getting the problem.


Hi, me too sometime I hate it when the confirmations took to long before it happened  and even sometimes the transactions were not found and it really makes me panicked, I even experienced a transaction that took 12 hours before it was confirmed but that is okay because it seldomly happened. There are still a lot of things that we like about bitcoin and we should focus on it.Smiley
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July 08, 2016, 12:38:26 PM
 #431

The fact that I didn't put all my money in it when you could get it for pennies and I was actually following it! haha!

Even back when it was $250 or even $450! As its still currently at $640, once could have made a lot of profit if he or she knew it would rise so much! I would of thrown everything i had at bitcoin haha if i had known it was gonna rise several hundreds. Im sure many would have.


Yeah, even me. I really regret it when I dont believe that the price of bitcoin will rise. I think we have the same time because during my time its value is also between 190-250 and look at its value now right?  But nobody really knows if its value will rise or will fall. It is very hard to predict since there are a lot of users who are creating hype about bitcoins which make it the flow of bitcoins hard to assess.
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July 08, 2016, 12:44:52 PM
 #432

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.
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July 08, 2016, 03:35:12 PM
 #433

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

I cannot agree with that,i mean you are right in some cases,but well...
When someone got's small deposit bitcoin is great for him because price fluctuates so hard that he can make pretty much  a big profit.
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July 08, 2016, 03:42:30 PM
 #434

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.


Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.
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July 08, 2016, 06:45:56 PM
 #435

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.


Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.
That is what i was saying,in the bitcoin case price volatility is a great thing for most of persons using bitcoin,
except as i said,big whales,who have a big deposit,so their actual value of deposit will change very fast.
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July 09, 2016, 08:16:13 PM
 #436

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.


Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.
Yes, for some its good while for some its bad. But actually its good for me, because even if price is low you can earn a lot few months at maximum we can and then it will be back to high price again.

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July 10, 2016, 06:39:02 AM
 #437

The fact that I didn't put all my money in it when you could get it for pennies and I was actually following it! haha!

Even back when it was $250 or even $450! As its still currently at $640, once could have made a lot of profit if he or she knew it would rise so much! I would of thrown everything i had at bitcoin haha if i had known it was gonna rise several hundreds. Im sure many would have.


Yeah, even me. I really regret it when I dont believe that the price of bitcoin will rise. I think we have the same time because during my time its value is also between 190-250 and look at its value now right?  But nobody really knows if its value will rise or will fall. It is very hard to predict since there are a lot of users who are creating hype about bitcoins which make it the flow of bitcoins hard to assess.
For me too, when I have sold my bitcoins for USD then the next week itself the price increase by a big value and hence makes me upset. though I think I have made a lot of profit too, but still you know we regret when we miss some big opportunities (particularly when we come to know later).
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July 10, 2016, 07:10:32 AM
 #438

My least favorite thing about Bitcoin is the user base made up of criminals/scammers and their prey, gambling site operators and their prey, loan sharks and their prey, crooked businesses/exchanges and their prey. I hate the thousands of posers that could care less about Bitcoin and are only here for the sig money.

Most of all, I hate all the idiots that think bitcoin is a get rich quick scheme which will allow them to buy one Bitcoin today and retire to the Caribbean in 10 years from holding that one Bitcoin.

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July 10, 2016, 07:21:09 AM
 #439

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

Yes though price can go up and down, but actually people think that the current value of bitcoins is peak value and the price will just go down. Hence they hesitate to invest their money into bitcoins.
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July 10, 2016, 08:30:51 AM
 #440

THat hurts me more..is i missed the train back on 2009, CPU & GPU mining, back then i was IT in a company with shitload computing power! double & quad Xeons, with free electricity and a shitload of high end gpus ... but instead i had a bitch breaking my balls!  Cry
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