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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43266 times)
sobsitesearch
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September 05, 2016, 11:56:37 AM
 #521

My favorite is we can earn in our free time and also there is no requirement like a regular job, and also we can spend it in online that is good for the shopping lover in international products.
Ryananda
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September 05, 2016, 12:15:38 PM
 #522

I really like the ease of bitcoin to profit easily. I'm using bitcoin to make profits and increase my income. By bitcoin I can get a decent income. We can invest in short-term easily in bitcoin.
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September 05, 2016, 12:19:50 PM
 #523

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.

That will rectify soon and I want to that the biggest problem issue transaction time. Normally we can able to customise to high or least value transfer the bitcoin but it's so fast in any way. This is the problem need to rectify and my least favourite.
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September 05, 2016, 01:08:25 PM
 #524

My least and most favorite thing about Bitcoin is it's price at the same time  Cheesy Sometimes it may be profitable, but sometimes it makes me very sad  Grin
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September 05, 2016, 01:12:09 PM
 #525

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.

That will rectify soon and I want to that the biggest problem issue transaction time. Normally we can able to customise to high or least value transfer the bitcoin but it's so fast in any way. This is the problem need to rectify and my least favourite.

Sometimes confirmation takes time but if you insert proper fees then I don't think there will be any issue as whenever I send or receive bitcoins it hardly takes 10 to 15 minutes to get confirmed.
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September 05, 2016, 01:13:28 PM
 #526

The fact that many shady people use it for illegal transactions that can be harmful to some people. i do not like that and think it would be great if it can be avoided but that is the same for fiat too.
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September 05, 2016, 01:47:22 PM
 #527

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.
i also really love bitcoins right now, i hope that it will make me some good money in the future, bitcoins have no drawbacks, thats the main key to the success

 
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September 05, 2016, 02:55:46 PM
 #528

Probably the fact that sometimes you just want to dispute or complaint about a transaction after getting scammed or the like, I realize this is a cornerstone of bitcoin and if it was made real it would be abused and BTC would end up as a centralized system but still sometimes you wish there was a "dispute" option.
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September 05, 2016, 03:29:14 PM
 #529

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, bitcoin just does not have any cons and i think that it is going to be growing only in the future, it will make me money for sure

drwtsn32
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September 05, 2016, 04:58:41 PM
 #530

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...

Well bitcoin is really not too easy to understand. Maybe there is a reason why it can't get popular as well.
Maybe it still lacks the "thing" that can give a kick to the world market.
Fatanut
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September 05, 2016, 05:01:44 PM
 #531

I think my least favorite thing about Bitcoin is the fact that Bitcoin is supposed to have a really fast transaction. But whenever I'm gambling or when I'm trying to use a service online, it always takes half an hour sometimes even more to process. So if something's urgently needed, don't use bitcoin for Bitcoin isn't actually an instant thing. Better to use other methods of sending/getting money available in your country.

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awesome31312
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September 05, 2016, 05:12:39 PM
 #532

I absolutely hate Armory, I hate downloading the entire blockchain which is like 80 Gigs now, only to have it corrupted randomly, I hate it when Armory is stuck in offline mode, when it's stuck synchronizing with the Network, when it forces you to pay the transaction fee, when it steals your money in general (Sorry goatpig!)

I also hate Bitcoin-qt for making me download the entire blockchain to try and recover ~0.1 BTC

I hate how Bitcoin claims to be privacy friendly when it's not, it's clearly the most untransparent currency in the world, the way you can view anybody's transactions on Blockchain.info, that's like a complete bank statement.

My least favorite thing about Bitcoin, apart from downloading 80 gigs of data to access 0.1 BTC, are the community stereotypes. Bitcoins are associated with nerds, far right Libertarians (I'm a left Libertarian), mountain dew, and vaping.

Oh yeah, and, Bitcoin transactions take eons to process.

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September 05, 2016, 05:23:37 PM
 #533

It’s great to share and discuss least favourite things about bitcoins because it makes an improvement or at least makes us and developers aware of how to improve those things which are blacklisted by the majority in the terms of interest.

According to me, I think misuse of bitcoin is my least favourite thing. Goodwill, user base, price, government’s perceptions etc everything is based on the current situation of bitcoin, in other words, how it’s being used determines what others think about it.
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September 05, 2016, 07:45:49 PM
 #534

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.
Hey friend try out the signature campaigns here you can earn some easy money. Once board visit the games and round section and fin some free money there. Then you can try in the gambling section and try your luck but beware that most people loose in gambling and gambling is highly addictive.
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September 05, 2016, 08:14:30 PM
 #535

My favorite is we can earn in our free time and also there is no requirement like a regular job, and also we can spend it in online that is good for the shopping lover in international products.
Well, the question was obviously least so you just kinda went out of subject.

I guess my least favorite is mostly likely the same for many others, the confirmation times and secondly even I am being a trader I have too much fluctuations of bitcoin prices, I need to be more careful with bitcoin news to stay competitive in my business.
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September 05, 2016, 09:39:34 PM
 #536

I really do not like the fact that I can not use it everywhere I want to spend money.  It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.
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September 05, 2016, 09:57:48 PM
Last edit: September 06, 2016, 01:30:23 PM by PsursV
 #537

I really do not like the fact that I can not use it everywhere I want to spend money.  It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.
yes that is the problem of the most of the people, to me the big reason is that in our area most of the people do not have no proper information about bitcoin and specially the shopkeepers who are mostly ignorant do not know any thing about bitcoin, so it is our responsibly to to give them proper information about bitcoin and let them get benefit from it.
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September 06, 2016, 01:10:31 PM
 #538

I really do not like the fact that I can not use it everywhere I want to spend money.  It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.

I don't think there is any complication in spending bitcoin, if you cannot spend it directly you can sell it anytime and convert it to fiat currency and if you want to spend it directly then you need to move to Brazil Cheesy

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September 06, 2016, 01:15:46 PM
 #539

I really do not like the fact that I can not use it everywhere I want to spend money.  It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.

I don't think there is any complication in spending bitcoin, if you cannot spend it directly you can sell it anytime and convert it to fiat currency and if you want to spend it directly then you need to move to Brazil Cheesy

Yeah that's the right thing. We can sell your bitcoin whenever we want to. It also has a positive impact and negative effects for us. Positive impact we can get is we can get a bigger price than the price now,. But it also depends on the price that occurred
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September 06, 2016, 01:22:55 PM
 #540

I really do not like the fact that I can not use it everywhere I want to spend money.  It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.

I don't think there is any complication in spending bitcoin, if you cannot spend it directly you can sell it anytime and convert it to fiat currency and if you want to spend it directly then you need to move to Brazil Cheesy

Yeah that's the right thing. We can sell your bitcoin whenever we want to. It also has a positive impact and negative effects for us. Positive impact we can get is we can get a bigger price than the price now,. But it also depends on the price that occurred

If you see higher price then you bought then you should sell it without any hesitation as you have already made profits from it and you always have an opportunity to buy it again when price drops.
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