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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43221 times)
Shibashi Dogemoto
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July 19, 2016, 05:11:47 PM
 #481

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 !

Mining has become an expensive affair nowadays and no one will prefer to go for mining at this stage, its better to hold it for the future.
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July 19, 2016, 07:40:58 PM
 #482

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.

Yeah, I also have noticed that when the price of bitcoin starts to increase an interesting stage begins in the field of bitcoin, everyone become happy and they come to their exchanges again and again to see the automatic profit in there, and when it stops a wave of boredom starts in their life of bitoin.
AioFox
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July 19, 2016, 07:45:07 PM
 #483

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.

I hate the time when the yobit withdrawal button freezes and i cant withdraw my bitcoins, and when i finally get to click it, the transaction time for it to get into my wallet takes even longer just because of the multiple confirmations. I would really appreciate if, like other websites, they could reduce the number of confirmation to 1. Its faster .
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July 19, 2016, 07:45:37 PM
 #484

The transaction confirmation times are pretty brutal. Pretty much casual use of Bitcoin (like buying a hotdog on the street) is very hard to do because of this. Sure, it might be a low value item, but people will exploit anything they can. The only time I think people would buy something with Bitcoin that wouldn't be any less convenient than FIAT is big value items like cars (where there would be tons of paperwork to do anyway) and online shopping, and of course the block chain issue isn't helping any of this.
PokemonFun
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July 19, 2016, 07:48:22 PM
 #485

Best thing about bitcoin that we dont need to give private imformations t bitcoin cryptocurrency wallers,fees are really low,many sites for earn money are using bitcoin,bitcoin wallets dont need verifications like in paypal,solidtrustpay,okpay...so.it is faster to create verified wallet.Nobody cant srole.my private informations...
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July 20, 2016, 08:43:18 AM
 #486

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.
indeed, one of the advantages of bitcoin is its secret.
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July 20, 2016, 08:58:10 AM
 #487

It is sad that I can't pay for anything I need for everyday life in BTC in my country

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Superbitzz
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July 20, 2016, 09:42:24 AM
 #488

It is sad that I can't pay for anything I need for everyday life in BTC in my country
yes and that is not only your problem. it is the problem of so many countries including my own country. we cannot use bitcoin directly in our market to buy our daily use stuff. but i think it is just the start and i hope that in future we will be able to use bitcoin for buying and selling stuff in bitcoin directly.
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July 20, 2016, 10:09:38 AM
 #489

I really like the ease of bitcoin for profit. We could benefit from such a signature campaign and trade. I like also we can plant a stake in bitcoin, bitcoin is by storing only in some time can benefit.
BitMaxz
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July 20, 2016, 10:48:32 AM
 #490

It is sad that I can't pay for anything I need for everyday life in BTC in my country
yes and that is not only your problem. it is the problem of so many countries including my own country. we cannot use bitcoin directly in our market to buy our daily use stuff. but i think it is just the start and i hope that in future we will be able to use bitcoin for buying and selling stuff in bitcoin directly.
Well we are not the same i am lucky that i am here in my country we can use bitcoin here for monthly bills like electricity bills water bills payment for internet bills also coins ph are planning to make a atm or coins card that we can use in any stores..
So i think bitcoin here in my country will be adopt more like brazil..

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PokemonFun
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September 03, 2016, 05:18:18 PM
 #491

my least favourite thing about bitcoin is how I can make money with it. you know, bitcoin as money, can help me out in buying my daily necessities.
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September 03, 2016, 05:20:08 PM
 #492

my least favourite thing about bitcoin is how I can make money with it. you know, bitcoin as money, can help me out in buying my daily necessities.

Lol that is not an issue, there are many ways to earn money with bitcoins, if you will spend enough time on this forum then you will surely start making money from it.

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September 03, 2016, 08:06:00 PM
 #493

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.
I also have faced such situation though I sold them not because I was impatient but I actually was worried that the price might decrease more and I could not afford it. Anyways my least favorite is when I had to wait about 7 hours for a single confirmation, you heard it right guys.
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September 04, 2016, 05:41:09 AM
 #494

My least favorite thing about Bitcoin is when the price pumps and then I either missed it or I got greedy and I just watch the chart with hopes of getting a higher price. Both cases results to zero profit when I could have made some profits by selling a part of my Bitcoins already. Another thing is that when having a transaction with someone, I always had to send first and you cannot dispute your payments in Bitcoin. It's a good thing, though, in the seller's point of view.

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September 04, 2016, 09:46:24 AM
 #495

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.
The thing that I love least about bitcoins is that when I was new with bitcoins I did not knew that we can check other's money and amount once we know their wallet address and hence I lied to a friend that I have no BTC and he said you have 0.0714 BTC and I was like " LOL WHAT TO SAY ".
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September 04, 2016, 09:49:50 AM
 #496

My least favorite thing about bitcoin is that it cannot be used anywhere for shopping offline, and even online problem is creating a problem for me due to high shipping costs.
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September 04, 2016, 10:38:55 AM
 #497

Tell me all about it
Favorite thing about bitcoin is it's free to earn and i can earn by doing posting because in signature campaign i can earn money weekly where it can help me to have some cash weekly to withdraw or to hold and bitcoin help me also to invest that i can earn 5% monthly of my money i love bitcoin and everything about bitcoin
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September 04, 2016, 10:55:50 AM
 #498

The thing that I hate in bitcoin world is the scaming, nearly all mining sites are scam even I am a victim of such SCAMER. But out of 10 I have only 1 hate to bitcoin rest all factors are good in bitcoin.
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September 04, 2016, 01:51:34 PM
 #499

My least favorite thing about bitcoin is that it cannot be used anywhere for shopping offline, and even online problem is creating a problem for me due to high shipping costs.
the same for me, to be honest i think that it should change as soon as possible because the adoption would be much faster then
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September 04, 2016, 03:04:30 PM
 #500

My least favorite thing about bitcoin is that it cannot be used anywhere for shopping offline, and even online problem is creating a problem for me due to high shipping costs.
Bitcoin is still in its initial phase of adoption and it may require few more years for every merchants in every country start accepting bitcoin as it will be better solution than their traditional card POS and also they will save on fees.

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