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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43222 times)
chaosknight
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September 04, 2016, 03:06:23 PM
 #501

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.

Yes but I think we need to wait longer to see that happen as bitcoin is not yet popular in many parts of the world and it will take long time to reach everywhere, so till then keep on collecting as much as you can.
upsidedown75
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September 04, 2016, 06:18:56 PM
 #502

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.
And today no one is expecting that bitcoins price will reach 5000$ one day but when it will there will be guys who will still regret, so well this is not something to not like rather this is a person's own mistake and he/she has to face it.
I love everything about BTC really nothing to hate.
torrentheaven
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September 04, 2016, 06:26:06 PM
 #503

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.
And today no one is expecting that bitcoins price will reach 5000$ one day but when it will there will be guys who will still regret, so well this is not something to not like rather this is a person's own mistake and he/she has to face it.
I love everything about BTC really nothing to hate.

Bitcoin has an potential to achieve that price in future but nobody knows when exactly it will happen, it may achieve in next 5 years or even 10 years, only time will tell what's gonna happen in future.
johnnyyash
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September 04, 2016, 07:10:51 PM
 #504

For me, that will be the bad reputation linked to the use of bitcoins. These include links to scams, ponzi, drugs and porn.
Something must be done to change the image of Bitcoin.
Sure you are... Truly agree with you. You spoke my mind....
greBit
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September 04, 2016, 07:24:52 PM
 #505

For me, that will be the bad reputation linked to the use of bitcoins. These include links to scams, ponzi, drugs and porn.
Something must be done to change the image of Bitcoin.
Sure you are... Truly agree with you. You spoke my mind....
Yeah and it is creating a negative impression on the mindsets of new investors who are willing to invest their money in bitcoins but looking things happening  around they prefer to stay away from it.
MingLee
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September 04, 2016, 07:33:20 PM
 #506

My least favorite thing about Bitcoin is probably the lack of use outside of some shops online, and that there aren't really enough places to use it actively in real life and everything. My next least favorite thing is the length of time it takes to confirm a transaction, and maybe if it was within 10-15 minutes I would be happier with Bitcoin, but it isn't absolutely terrible so far.
noictib
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September 04, 2016, 07:43:54 PM
 #507

Tell me all about it

Scam, it's the major factor that makes me afraid of bitcoin because wherever I had invested bitcoin for mining all looted me except coince which is still paying me me bitcoin along with extra profit. So this scamer are making me afraid of using bitcoin.
Whosdaddy
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September 05, 2016, 07:04:29 AM
 #508

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 will get more difficult only with time since the difficulty for mining will increase as more and more miners are introduced and more and more bitcoins are mined. I never disliked anything apart from ponzi's that use bitcoins name to run and then make the image of bitcoins negative.
BombayChicken
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September 05, 2016, 07:33:09 AM
 #509

My favorite about the bitcoin is that the amount of users is growing that much that the coin will be atleast a 1000 dollar each because so many people are using him right now i think the future would be very great at the moment.
traderbit
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September 05, 2016, 07:39:39 AM
 #510

My favorite about the bitcoin is that the amount of users is growing that much that the coin will be atleast a 1000 dollar each because so many people are using him right now i think the future would be very great at the moment.

We still don't know when the price will be 4 digits but recently the bitcoin price has been increased for more than 30USD. But the target of 1000 dollar is too far from now but it is not impossible.

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.

There are always websites that scam people and this number is higher than the real one which pay. But we have to make a research about where are we spending our money and if we can't find anything we should ask the our community if anyone had any experience with them.

sishendaoye
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September 05, 2016, 08:26:18 AM
 #511

My least favorite thing with Bitcoin is that when you buy Bitcoin you then have to wait a long time before you are going to be bale to make a profit.
That is why you have to be patient with Bitcoin.
goinmerry
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September 05, 2016, 08:38:42 AM
 #512

My least favorite thing with Bitcoin is that when you buy Bitcoin you then have to wait a long time before you are going to be bale to make a profit.
That is why you have to be patient with Bitcoin.

But if you compare it with other commodities it is way faster. Look just now it is at $600 while last week it was at $570. It moves in a lot of numbers. Unlike gold and oil with moves just 1-5 dollars a week or sometimes it takes months. for a bigger movement.
groll
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September 05, 2016, 08:49:39 AM
 #513

Tell me all about it

Scam, it's the major factor that makes me afraid of bitcoin because wherever I had invested bitcoin for mining all looted me except coince which is still paying me me bitcoin along with extra profit. So this scamer are making me afraid of using bitcoin.

Definitely, everyone is afraid of scam but not only bitcoin can be scammed.  I remember when I was new into bitcoin when I bought some and invested it as my goal is to grow it double.  In the end it turns out that the high interest investment site was a scam.  I was not able to withdraw any of it.  I felt really down and almost curse why I made that huge mistake.  I was not really into investing since I was afraid of scam.  My friends told me not to invest since we cannot identify who were the scam sites.  Now, I am more focus into earning bitcoins.
Aamir1
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September 05, 2016, 08:53:18 AM
 #514

Tell me all about it

Well, let me think   Roll Eyes  Nothing i guess, i love bitcoin so do not have anything about it which is my least favorite.
1Referee
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September 05, 2016, 08:59:15 AM
 #515

My least favorite thing with Bitcoin is that when you buy Bitcoin you then have to wait a long time before you are going to be bale to make a profit.
That is why you have to be patient with Bitcoin.

Patience is the key to every investment, but your statement isn't very fair as you basically blame Bitcoin for not going up as much as you are hoping for. You have to look at it from a yearly point of view. If I take myself as an example, then this year alone I have made over 125% profit, and the year isn't even over. It's done via trading, selling some coins at the peak in June, etc. It's up to you how much profit you make, not Bitcoin. If you are active, then you can make great profits, if you don't do much, then you won't gain much.
shamzblueworld
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September 05, 2016, 10:23:34 AM
 #516

My least favorite thing about bitcoin is the lack of Marketing and public awareness of it, due to with it is still believed by many to be a geek thing, simple or people who are not in the web world much don't want to get into bitcoin world as of yet. At least not in the numbers they should. So maybe this can be looked upon next by the big companies...
JumperX
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September 05, 2016, 10:26:54 AM
 #517

Tell me all about it

Well, let me think   Roll Eyes  Nothing i guess, i love bitcoin so do not have anything about it which is my least favorite.

Yeah there is nothing to be hated about bitcoins, its a only currency with multiple benefits which is giving best benefits to its users and I simply love everything about bitcoins.
Galaxy23
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September 05, 2016, 10:36:50 AM
Last edit: September 05, 2016, 11:00:08 AM by Galaxy23
 #518

First time i say BTC is bullshit , but after i find many websites how pay with Dollars are Scam and i work long time and dont get paied , i choose Bitcoin , Generaly you dont find high Minimum Cashout in Profit Websites how pay Bitcoin
Betwrong
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September 05, 2016, 11:23:28 AM
 #519

The least favorite thing about Bitcoin is that it is associated with crime too often. I know that's so because journalists tend to make attention-grabbing headlines but most people don't know this and think that Bitcoin is something bad in general.

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peta4e
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September 05, 2016, 11:40:25 AM
 #520

The only thing I don't like about bitcoin is its usage is limited at a moment, you cannot actually spend it and use it as a currency so I use them only for mobile top up and nothing else.
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