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RealBitcoin
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November 02, 2015, 09:08:03 PM |
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It's roller coaster price and also it's irreversible feature...
The irreversinle feature is the core principle. If transactions were reversible, then scammers would come like a locust invasion. Imagine you earn 0.05 BTC,and then next day they charge it back. The amount of scams would be x1000 more, it is an issue even now, but then it would be far worse. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Timeline
Legendary
 Offline
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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November 03, 2015, 06:54:06 PM |
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Low transaction fees and no need for banks.
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xhoneyael
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November 03, 2015, 06:56:39 PM |
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Missing the hype. In 2013 there were 2 big rallies but since I'm in the Bitcoin scene there weren't any rally yet. I'm patiently waiting that hype. If it won't come next year I'd be very disappointed.
base on the price now if this will keep going the hype that you are waiting for will come sooner  what my least favorite about bitcoin is it always use in illegal things being anonymous is best feature of it but it can be also the worst if it use in bad things |
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owm123
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November 03, 2015, 11:39:13 PM |
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what my least favorite about bitcoin is it always use in illegal things
being anonymous is best feature of it but it can be also the worst if it use in bad things
Bitcoin is not anonymous ( http://www.bitcoinisnotanonymous.com/). And why its used for illegal things is something that is at least strange. Even Jeff Garzik said few years ago that "its pretty blib and dumb to do a lot of illegal transactions on bitcoin when it's so easily traceable" ( https://youtu.be/9p9M1IU2k50?t=274). |
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makcik
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November 04, 2015, 02:18:49 PM |
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Personally, I love bitcoins because of what they offer over other currencies. .
The best part of them is simplicity, portability and transferable from anywhere. But, there's a thing about bitcoins which I still don't like is that there's no official organization to look after it. It's running independent and there's no one to look after frauds and scams, though blockchain and coinbase show some help but that's not enough. Something is needed to be done in this section, someone will have to take up the responsibility.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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November 04, 2015, 03:31:26 PM |
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The least? Hmmm..
The unstable price maybe? That it can be used for bad things by minors also. The usage of it for scams. Many things shoild be cleaned with bitcoin.
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delliaerd
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December 21, 2015, 01:23:41 PM |
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Low transaction fees and no need for banks.
It is right that low transactions fees and no need for bank, don't forget bitcoin also has so much price especially in my currency. It's my favorite thing from bitcoin |
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Blind Legs Parker
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December 21, 2015, 02:36:10 PM |
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What's your least favorite thing about Bitcoin? The fluctuating price. If only mosquito repellent could repel mosquitoes as well as bitcoin's fluctuating price repels merchants :-/ |
Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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December 21, 2015, 02:55:53 PM |
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Low transaction fees and no need for banks.
It is right that low transactions fees and no need for bank, don't forget bitcoin also has so much price especially in my currency. It's my favorite thing from bitcoin i think that dude was thinking the thread title to be 'what's your favorite thing about bitcoin'  low fees and no need for a bank are absolute top reasons why people use bitcoin. |
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jt byte
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December 21, 2015, 03:20:17 PM |
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Low transaction fees and no need for banks.
It is right that low transactions fees and no need for bank, don't forget bitcoin also has so much price especially in my currency. It's my favorite thing from bitcoin i think that dude was thinking the thread title to be 'what's your favorite thing about bitcoin' low fees and no need for a bank are absolute top reasons why people use bitcoin. Top reason why I have used bitcoin is because of the money that it can increase. True also with the low fees. The most important for me about bitcoin is because is a good method to just hold like saving money. With this you can make profit with it right so that is why. Also is good for retirement in the future. |
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yoona
Sr. Member
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Activity: 493
Merit: 250
Live by your own rules
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December 23, 2015, 06:21:31 AM |
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Tell me all about it
of course a lot of my favorite things about bitcoin, one of it,that I can transact using the something that makes his account is very easy and simple, and I also can transact quickly and safely.dan more favorite again, I can obtain and collect bitcoin for free without having to leave the house  |
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greBit
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December 23, 2015, 07:08:46 AM |
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Tell me all about it
of course a lot of my favorite things about bitcoin, one of it,that I can transact using the something that makes his account is very easy and simple, and I also can transact quickly and safely.dan more favorite again, I can obtain and collect bitcoin for free without having to leave the house Yes transactions are very user friendly and you don't need to step out of your house and there is no hefty charges involved like how it is there into money exchange and transfers and the best part is even during the transaction everything is transparent. |
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diodio5
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December 23, 2015, 08:33:08 AM |
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Currently, my least favorite thing about bitcoin is that it costs less than 1,000$ per bitcoin. i'm awaiting the day of massive valuation yes it happened three years ago, I have't joined bitcoin at the time, sadly not been able to join  I will wait the time it returned, and bitcoin reached its heyday back |
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Hashminers
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December 23, 2015, 08:38:46 AM |
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Currently, my least favorite thing about bitcoin is that it costs less than 1,000$ per bitcoin. i'm awaiting the day of massive valuation yes it happened three years ago, I have't joined bitcoin at the time, sadly not been able to join I will wait the time it returned, and bitcoin reached its heyday back Those days was awesome for people that have joined bitcoin in January 2013. Man I wish I could just go back in time and start using bitcoin with it. Oh well this time is also good and he we have the future so maybe later the price will be 2500 dollars. |
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btcprospecter
Sr. Member
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Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
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December 23, 2015, 08:58:44 AM |
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For me it would be not having a Bitcoin atm close to me to make things a little easier
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Pollak
Full Member
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Activity: 182
Merit: 100
Pollak
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December 23, 2015, 09:26:56 AM |
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For me it would be not having a Bitcoin atm close to me to make things a little easier
Yeah I am waiting to that some ATM just can cash out with your bitcoins. That is the problem about bitcoin. Also is not that easy to just have a ATM for bitcoins, because of the government and is also expensive to have. |
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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December 23, 2015, 11:24:23 AM |
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The favorite thing that i want about bitcoins are instant transaction easy to use and its anonymous.
And also you can secured your wallet via 2 factor authentication..
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fiscorcle
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December 23, 2015, 12:11:36 PM |
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The least favourite thing about bitcoin to me is that it takes to long time to get the first confirmation. We need to increase the block size.
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Icathia
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December 23, 2015, 12:15:28 PM |
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The less favorite for me about bitcoin is that if you mine is just take to long to get 1 bitcoin.
Also I don't like that is not always save, but I think is also with the banks.
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Rizky Aditya
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December 23, 2015, 12:21:01 PM |
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Tell me all about it
My least favorite thing about bitcoin is the volatility. It moves way too much day to day against the dollar and other major global fiat currencies for a variety of reasons. I'd like to see this stabilize more. Most currency pairs are much less volatile. In theory, at some point, Bitcoin will become deflationary against all other currencies and reliably increase in value slowly over time rather than be so choppy. However, it's hard to see that future right now. The bitcoin price is not that volatile nowadays. Looking back, the price is quite stable now. |
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