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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43220 times)
ning_chang
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June 25, 2016, 01:27:54 PM
 #381

Tell me all about it
the most favorite in the BTC. are those won in gambling of .111 that's my most favorite of all. then the high value of bitcoin.
serjent05
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June 25, 2016, 07:14:46 PM
 #382

easy to earn money online with bitcoin. it is my favorite of the bitcoin.

besides bitcoin very much beneficial for everyone.

Uncertainty of confirmation timing because we don't know exactly when the funds will be cleared.Sometimes in 10 minutes 4 blocks are generated and other times it takes even more than an hour.




I agree, this is really annoying.  Not just more than an hour, sometimes it takes day.  Some article said that due to the TX Fee, some transaction that have less TX fee are prioritized less.  So newer transaction with higher FEE can climb up the queu confirmaton and be confirmed first.  I know the feeling coz i experienced it once.
Mr.grin
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June 26, 2016, 06:43:32 AM
 #383

for me the least favorite thing about bitcoin is the long address for receiving the bitcoin, i understand it has to be that way but some alias system for addresses would be great.
I think it's only necessary for bitcoin address to have a random words and number for the security and unique payments. For me the least thing I dislike about bitcoin is the wrong sending of payment especially if you make a big one. No charge back, no second chance.
Well, the only thing that is most complicated in bitcoin address, it is very difficult in memorized, moreover, usually frequent the wrong delivery. but other than that, so many good things on bitcoin, such as very fast delivery
funkenstein
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June 26, 2016, 07:39:44 AM
 #384

My least favorite thing is Satoshi's Curse:

Never throw away any privkeys.

The pile grows and grows and you have to save them all!

OMG i know right those private keys man are worth so much you really gotta keep them forever lol it's great tho and my least favorite thing is the block confirmation times, they're just insanity now.
The halving coming up too its gonna be even slower.
The confirmation time is really a concern for everyone since it's getting slower and slower everyday. It's probably going to be a huge problem for companies/shops/facilities that accepts bitcoins as payment because the tx confirmation may not be as fast as with cash.

Nonsense.  Block confirmation will average 10 minutes no matter what miners do; it's called difficulty adjust.  Note that fiat currencies have NO public verifiable transactions which is equivalent to infinity for the confirmation time.  0conf still instant as are most off-chain solutions.   

"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
Daniel91
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June 26, 2016, 07:52:12 AM
 #385

I guess that my least favorite thing about Bitcoin is unstable price of BTC.
In one day Bitcoin can have value of $800 and other day $500.
It's sometimes worse than in regular market.
I really hope that once, when Bitcoin become mainstream, its value will stabilize.

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drwtsn32
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June 26, 2016, 07:58:32 AM
 #386

The thing I don't like on bitcoin is its long confirmation time. Usually, it takes 10 minutes (if you've given the normal tx fee) for your tx to be confirmed. There are some cases though that it takes much longer even though you paid for the sufficient amount or normal priority, which kinda sucks (at least for me.)


I didn't know that confirmation can take up less than 10 minutes before!
When I started bitcoins, the usual confirmation time is about 30 minutes.
john2231
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June 26, 2016, 08:06:20 AM
 #387

for me the least favorite thing about bitcoin is the long address for receiving the bitcoin, i understand it has to be that way but some alias system for addresses would be great.
I think it's only necessary for bitcoin address to have a random words and number for the security and unique payments. For me the least thing I dislike about bitcoin is the wrong sending of payment especially if you make a big one. No charge back, no second chance.
Well, the only thing that is most complicated in bitcoin address, it is very difficult in memorized, moreover, usually frequent the wrong delivery. but other than that, so many good things on bitcoin, such as very fast delivery
Its not very fast delivery the speed of transaction varies to your  fee.. and i think not every transaction is instant. sometimes it takes minutes and sometimes it takes a hour. unlike paypal after you deliver the funds to receiver you instantly received it.. Also bitcoin has no reverse payment.
CoinHopper
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June 26, 2016, 08:07:58 AM
 #388

for me the least favorite thing about bitcoin is the long address for receiving the bitcoin, i understand it has to be that way but some alias system for addresses would be great.
I think it's only necessary for bitcoin address to have a random words and number for the security and unique payments. For me the least thing I dislike about bitcoin is the wrong sending of payment especially if you make a big one. No charge back, no second chance.
Well, the only thing that is most complicated in bitcoin address, it is very difficult in memorized, moreover, usually frequent the wrong delivery. but other than that, so many good things on bitcoin, such as very fast delivery
Its not very fast delivery the speed of transaction varies to your  fee.. and i think not every transaction is instant. sometimes it takes minutes and sometimes it takes a hour. unlike paypal after you deliver the funds to receiver you instantly received it.. Also bitcoin has no reverse payment.

Regardless of the fee tho u still gotta wait until the block mines and that might be even 30 minutes for 1 conf
chineseprancing
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June 26, 2016, 08:51:14 AM
 #389

Tell me all about it
I can easily get a profit from it, Just like in investing gambling trading and signature campaign . That things is im doing right now. Even transaction fees its quite small than other programs. I love everything about bitcoin , (
Pbitcoin
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June 26, 2016, 08:57:15 AM
 #390

I love when its price is high  Cool ( it dynamic price ) and its anonymous ! no one can know who own that address Cheesy so we can easily be underground !
The market of bitcoin gets bigger and bigger Cheesy its a coin with fame and name !

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Nevis
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June 26, 2016, 09:03:23 AM
 #391

Tell me all about it
The favorite in bitcoin are the ones they rise to half the price of BTC.
I then large balance of BTC. so I really time that.
ebookscreator
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June 26, 2016, 09:04:16 AM
 #392

Many things that i want right now in bitcoin but many things to that i dont want in bitcoin..
I want the speed of transaction and bitcoin for me is real.. you can register any wallet online or desktop wallet unlike in paypal that you need to verifiy first before you can use properly the paypal..
I don't like in bitcoin because of anonymity and i dont like bitcoin because of transaction speed sometimes it takes long before you will receive bitcoin and sometimes it takes 10 minutes..

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PsursV
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June 26, 2016, 09:14:05 AM
 #393

Many things that i want right now in bitcoin but many things to that i dont want in bitcoin..
I want the speed of transaction and bitcoin for me is real.. you can register any wallet online or desktop wallet unlike in paypal that you need to verifiy first before you can use properly the paypal..
I don't like in bitcoin because of anonymity and i dont like bitcoin because of transaction speed sometimes it takes long before you will receive bitcoin and sometimes it takes 10 minutes..
but for me the least favourit thing that I like in bicoin is that every one either he is rich or poor can make money from bitocin forum. even if a person has not money still he can earn bitocin by joining a signature campaign.
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June 26, 2016, 09:18:26 AM
 #394

i love to play online games with btc and mostly dice games and some poker, jackpot Cheesy Cheesy
Oralmat
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June 26, 2016, 12:21:08 PM
 #395

I guess that my least favorite thing about Bitcoin is unstable price of BTC.
In one day Bitcoin can have value of $800 and other day $500.
It's sometimes worse than in regular market.
I really hope that once, when Bitcoin become mainstream, its value will stabilize.

Mine least favorite thing about bitcoin is also the unstable price when its started to decrease. As long as the bitcoin price is increasing i feel happy but as soon as it start decreasing i become worried and my headache starts.  Sad
ning_chang
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June 26, 2016, 05:01:42 PM
 #396

Tell me all about it
yes of course. i still believe in bitcoin. because just before I withdraw money through BTC. ,
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June 26, 2016, 08:25:34 PM
 #397

I guess that my least favorite thing about Bitcoin is unstable price of BTC.
In one day Bitcoin can have value of $800 and other day $500.
It's sometimes worse than in regular market.
I really hope that once, when Bitcoin become mainstream, its value will stabilize.

Mine least favorite thing about bitcoin is also the unstable price when its started to decrease. As long as the bitcoin price is increasing i feel happy but as soon as it start decreasing i become worried and my headache starts.  Sad
That's nothing to be worried about, actually. That's all just part of what an investment is. The value either goes up or fluctuates. It's the risk that we should've known from the first place.
What I don't really like about bitcoin as of right now is the long transaction confirmation times. It's just really annoying most of the time.
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June 27, 2016, 06:26:42 AM
 #398

easy to earn money online with bitcoin. it is my favorite of the bitcoin.

besides bitcoin very much beneficial for everyone.

Uncertainty of confirmation timing because we don't know exactly when the funds will be cleared.Sometimes in 10 minutes 4 blocks are generated and other times it takes even more than an hour.




I agree, this is really annoying.  Not just more than an hour, sometimes it takes day.  Some article said that due to the TX Fee, some transaction that have less TX fee are prioritized less.  So newer transaction with higher FEE can climb up the queu confirmaton and be confirmed first.  I know the feeling coz i experienced it once.
The way you said is that's actually what you LIKE about bitcoin. What's being asked here is the least favorite thing about bitcoin and I don't think you nailed that one.

I would agree would dothebeats. I don't necessarily like the long confirmation times. It has been quite a problem and will probably continue to do so unless the devs would take action.
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June 27, 2016, 06:43:15 AM
 #399

i love to play online games with btc and mostly dice games and some poker, jackpot Cheesy Cheesy
This is one of advantages for bitcoin users because if you were hobbies from gambling you could play your favourite games at the casinos using your bitcoin and for me even physical gambling illegal in my country but with bitcoin i could gambling and play my favourite games using my bitcoin without any problem regarding it
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June 27, 2016, 07:31:41 AM
 #400

The least favourite is the using of bitcoin in shopping. Every product has a fixed price in terms of bitcoin, but with the fluctuations sometimes it will be profitable for trader and sometimes profit is experienced by user.
You can easily overcome this thing and just need a little knowledge, you trade bitcoins and increase them (when low buy , when high sell ) and then you can buy things cheaply and its indirectly the same, isn't it ?

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