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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43226 times)
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July 16, 2016, 07:47:38 AM
 #461

I like the fact that it is decentralized and it has more value to me than paper currency so naturally I kind of feel more in control of my money with bitcoin. Even though I don't have a lot of it, still it makes me feel more secure than I do with paper useless fiat currency that keeps losing its value year in year out.


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July 16, 2016, 07:56:04 AM
Last edit: July 31, 2016, 08:35:53 PM by hase0278
 #462

I like all the facts in bitcoin. It being decentralized, anonymous and easy to use. It is also portable. The only thing I don't like in bitcoin though is sometimes the slow confirmation time that is a bother when you need your bitcoins fast. It can be pretty irritating if you are waiting long for your transaction to get a confirmation and you need it fast for an emergency. Well higher fees solve it sometimes but sometimes it isn't.
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July 16, 2016, 10:53:08 AM
 #463

Cause it is anonymous, a lot of online stores already accept it as payment method .
Easy to use than other payment processors.
yes you are also right. i think every one has its own choice but to me the most important thing in bitcoin is the signature campaign. it is really a very valuable think for those who have no money to invest in bitcoin and still they want to earn bitcoin.
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July 18, 2016, 05:53:23 AM
 #464

I really hate the amount of scamers everywhere.
Luckily,there are not so many on this forum,but in deepweb,and across the bitcoin industry,there are just too many ways to get scammed.
everyone would hate scammers because they only take advantage of such actions.
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July 18, 2016, 12:32:21 PM
 #465

bicoin gave the ease and speed daam every trsaksi I do. I can conduct transactions wherever and whenever I am. This gives me experience that bitcoin is a very useful technology.
Whenever? Yeah that's true, bitcoin give 24/7 for you and that will not stop.
Wherever? I don't think so since it requires internet conncetion to make transaction in bitcoin. Maybe soon if we develop an internet connection that can be access all over our surroundings then It can be available to do transaction wherever you are.
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July 18, 2016, 12:36:33 PM
 #466

bicoin gave the ease and speed daam every trsaksi I do. I can conduct transactions wherever and whenever I am. This gives me experience that bitcoin is a very useful technology.
Whenever? Yeah that's true, bitcoin give 24/7 for you and that will not stop.
Wherever? I don't think so since it requires internet conncetion to make transaction in bitcoin. Maybe soon if we develop an internet connection that can be access all over our surroundings then It can be available to do transaction wherever you are.

Internet is not a major issue in developed countries so using bitcoin is not a big deal there, but some of developing countries are lacking in facilities of internet so using bitcoin there can be difficult.

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July 18, 2016, 12:53:08 PM
 #467

Tell me all about it

not enough sellers accept it, so this is a pretty large problem, as in smaller countries there are probably no store at all that accepts them, so people can't spend it

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July 18, 2016, 02:29:45 PM
 #468

I really hate the amount of scamers everywhere.
Luckily,there are not so many on this forum,but in deepweb,and across the bitcoin industry,there are just too many ways to get scammed.
everyone would hate scammers because they only take advantage of such actions.
yes that is a fact scammers are creating problems. and these problems compel people not to do investment in bitcoin. i think these problems should be solve.
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July 18, 2016, 02:33:32 PM
 #469

I really hate the amount of scamers everywhere.
Luckily,there are not so many on this forum,but in deepweb,and across the bitcoin industry,there are just too many ways to get scammed.
everyone would hate scammers because they only take advantage of such actions.
yes that is a fact scammers are creating problems. and these problems compel people not to do investment in bitcoin. i think these problems should be solve.

The best way to solve that problem is to stay away from them, never invest your bitcoins in any online site if no user will entertain them, they will simply disappear.
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July 18, 2016, 02:39:01 PM
 #470

Tell me all about it

not enough sellers accept it, so this is a pretty large problem, as in smaller countries there are probably no store at all that accepts them, so people can't spend it
of course it is a huge problem that not a lot of users accept bitcoins at the moment, in my opinion the price would be way higher if there would be more bitcoin shops

 
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July 18, 2016, 02:42:19 PM
 #471

anonymous is the reason I use bitcoin. some transactions I do should be confidential. I had to do it because of my job dealing with customers who want to maintain their privacy.
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July 18, 2016, 05:22:59 PM
 #472

Tell me all about it
My least favorite thing with Bitcoin is that when the price is stable for to long because when the price is stable Bitcoin is boring.
All you can do is wait I am not that patient.
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July 19, 2016, 09:06:57 AM
 #473

My least favorite thing with Bitcoin is that it can sometimes can take a while before the price is going to rise again and you will have to be patient fro this.
Sometime I just cannot be patient and I have even thought about quitting Bitcoin.
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July 19, 2016, 09:31:30 AM
 #474

My only least favorite thing about Bitcoin is that we do not own enough of it so that is the only thing I don't like about it, otherwise it is great all round! I wish I was involved in it in 2010. I believe mining would have gotten me a boat load of it and we could retire now but we are too late now for that.


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July 19, 2016, 10:32:08 AM
 #475

My only least favorite thing about Bitcoin is that we do not own enough of it so that is the only thing I don't like about it, otherwise it is great all round! I wish I was involved in it in 2010. I believe mining would have gotten me a boat load of it and we could retire now but we are too late now for that.

You wont think that way back in the days it was just cents. You would want to use it and see if you can really buy something out of it. No one really expected for this.
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July 19, 2016, 10:33:58 AM
 #476

My main gripe is with the varying waiting times because it means that the exact amount of time needed to complete a transaction cannot be determined beforehand. I don't need it to be super fast, I don't care if it takes 30 minutes as long as it is consistent every time. On my last transaction I needed my Bitcoins urgently, I assumed a maximum of 30 minutes for it to complete and I ended up waiting close to an hour.
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July 19, 2016, 12:49:49 PM
 #477

My main gripe is with the varying waiting times because it means that the exact amount of time needed to complete a transaction cannot be determined beforehand. I don't need it to be super fast, I don't care if it takes 30 minutes as long as it is consistent every time. On my last transaction I needed my Bitcoins urgently, I assumed a maximum of 30 minutes for it to complete and I ended up waiting close to an hour.
yes that is really the main problem of bitcoin. the problem is that when we want to do transaction and it became hanged then it create an uncertainty while waiting for the conformation and you dont know what will be the process ended. so this problem should be solve very soon.
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July 19, 2016, 12:57:48 PM
 #478

My main gripe is with the varying waiting times because it means that the exact amount of time needed to complete a transaction cannot be determined beforehand. I don't need it to be super fast, I don't care if it takes 30 minutes as long as it is consistent every time. On my last transaction I needed my Bitcoins urgently, I assumed a maximum of 30 minutes for it to complete and I ended up waiting close to an hour.
the Transactions period is one the problem of bitcoin which is very irritating. It is hard to determine the approval of transaction time which is very annoying. People have no patience and this can be a big problem if you need money right now.
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July 19, 2016, 02:26:37 PM
 #479

My only least favorite thing about Bitcoin is that we do not own enough of it so that is the only thing I don't like about it, otherwise it is great all round! I wish I was involved in it in 2010. I believe mining would have gotten me a boat load of it and we could retire now but we are too late now for that.

You wont think that way back in the days it was just cents. You would want to use it and see if you can really buy something out of it. No one really expected for this.
yeah really its very different seeing the past and now in the bitcoin mining and its no more profitable to do mining at all in present as after halving !
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July 19, 2016, 05:08:48 PM
 #480

My only least favorite thing about Bitcoin is that we do not own enough of it so that is the only thing I don't like about it, otherwise it is great all round! I wish I was involved in it in 2010. I believe mining would have gotten me a boat load of it and we could retire now but we are too late now for that.

You wont think that way back in the days it was just cents. You would want to use it and see if you can really buy something out of it. No one really expected for this.
yeah really its very different seeing the past and now in the bitcoin mining and its no more profitable to do mining at all in present as after halving !
Well no one can predict future, people who just believe and stick on what they believe on it's early stage are the one who get the big reward. That's why it's not bad to believe something that you think might give good to you. Don't ever think things that it was a waste of time.
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