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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43220 times)
Bajirao871
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September 06, 2016, 01:25:56 PM
 #541

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.

Yeah, you're absolutely right. I will do so in the future and the likelihood that I will use the bitcoin main as means of payment in every thing I wanted to do or as one of my major investment to get more money
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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goinmerry
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September 06, 2016, 01:27:05 PM
 #542

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.

True. Greediness should be the last choice you will make. I made some wrong decision with trading and it is all because of that greed. I want more and waiting for more but it does not happen sometimes.
ajun96
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September 07, 2016, 01:47:15 AM
 #543

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.
yeah I think that is the basic problem of the length of time the adoption of bitcoin? the slow process of deployment of bitcoin community and make bitcoin not so famous it makes and bitcoin is not so accepted in society and you will find it difficult to shop with bitcoin?
darklus123
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September 07, 2016, 03:26:44 AM
 #544

For now sir i think it is the popularity of it because there were only few merchants who accepts it as a primary payment and they are only doing their service in only some places where bitcoin is accepted so i guess that would be it but everything about bitcoin is just awesome in my opinion.
grandpix
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September 07, 2016, 04:06:32 AM
 #545

My least favorite is value of bitcoin. There will only ever be 21,000,000 Bitcoin in existence. Value of Bitcoin will always rise over time (as it increases in scarcity) potentially in the future becoming a large value-store coin.
ObscureBean
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September 07, 2016, 04:36:15 AM
 #546

My least favorite is value of bitcoin. There will only ever be 21,000,000 Bitcoin in existence. Value of Bitcoin will always rise over time (as it increases in scarcity) potentially in the future becoming a large value-store coin.

Haha what's not to like about this? You don't like the idea of potentially making large amounts of money with Bitcoin? That's a curious stance for someone already using Bitcoin. I mean you don't have to concern yourself with Bitcoin value if money is not your thing, whatever it is you like about Bitcoin will still be there whether 1 BTC is worth $10,000 or $600.

EDIT - You can always donate any profits you make from price increase to charity  Wink
blackmachinegun
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September 07, 2016, 04:53:44 AM
 #547

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.
yeah it is a problem that is quite a headache. because sometimes we want to shop with bitcoin, but it could not be done because the merchant does not accept bitcoin? and we have to convert it to a fiat to conduct transactions? I think it is a pretty big problem? probably will need time to overcome the problem of the adoption of this?
jossiel
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September 07, 2016, 04:55:59 AM
 #548

For now sir i think it is the popularity of it because there were only few merchants who accepts it as a primary payment and they are only doing their service in only some places where bitcoin is accepted so i guess that would be it but everything about bitcoin is just awesome in my opinion.

Well that is making bitcoin a good currency at all because the opportunities are a lot in the internet as with these few merchants accepting it.

But for me the least of my favorite thing about bitcoin is that it's transaction is charging very small amount of fees. But I think that is considered as big thing with bitcoin.

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goinmerry
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September 07, 2016, 05:31:28 AM
 #549

For now sir i think it is the popularity of it because there were only few merchants who accepts it as a primary payment and they are only doing their service in only some places where bitcoin is accepted so i guess that would be it but everything about bitcoin is just awesome in my opinion.

Well that is making bitcoin a good currency at all because the opportunities are a lot in the internet as with these few merchants accepting it.

But for me the least of my favorite thing about bitcoin is that it's transaction is charging very small amount of fees. But I think that is considered as big thing with bitcoin.

You dont want bitcoin charging you for a small amount? What do you want? Like WU or Moneygram? That takes a lot of transaction fee for sending money? I dont get it? Maybe you are rich and nothing to do with your money anymore?
traderbit
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September 07, 2016, 06:43:31 AM
 #550

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.
this is not a big problem any more. bitcoin is not accepted in a lot of places but bitcoin is convertible currency. you can get any currency of the world in return of bitcoin.  and spend it anywhere..
and nowadays there is a lot of bitcoin related debit/credit cards working here. you can get a card and spend your bitcoin at any places..

delliaerd
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September 07, 2016, 06:55:38 AM
 #551

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.
this is not a big problem any more. bitcoin is not accepted in a lot of places but bitcoin is convertible currency. you can get any currency of the world in return of bitcoin.  and spend it anywhere..
and nowadays there is a lot of bitcoin related debit/credit cards working here. you can get a card and spend your bitcoin at any places..

Yeah that can be one of solution, but usually the most of people before use bitcoin to do transactions they change their bitcoin into fiat . I am like this way to use bitcoin because i often buy good in my real life with my money from bitcoin.

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dihari
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September 07, 2016, 07:00:02 AM
 #552

i love bitcoin because we can get it for free or doing  simple task/job.
and i love it because the price is fluctuative.

Xester
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September 07, 2016, 07:11:39 AM
 #553

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.
this is not a big problem any more. bitcoin is not accepted in a lot of places but bitcoin is convertible currency. you can get any currency of the world in return of bitcoin.  and spend it anywhere..
and nowadays there is a lot of bitcoin related debit/credit cards working here. you can get a card and spend your bitcoin at any places..

Yes I could attest to that.  Before I was like, bitcoin is not really for the people because of I think it was for the people with high intellects.  After some convincing of my friend then I got hooked with it.  Because of the reason that it can be converted in to cash.  I can pay my bills online and there is no reason to have a zero balance on my cellphone.  I just wish that there would be an available credit or debit card here in our country.
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September 07, 2016, 07:12:47 AM
 #554

Altcoins.

Everytime i see another pump and dump scam coin is getting promoted heavily, i get sick. Bitcoin has everything other than full privacy and speed. We only need one altcoin and nothing more.

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Senor.Bla
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September 07, 2016, 08:38:39 AM
 #555

Altcoins.

Everytime i see another pump and dump scam coin is getting promoted heavily, i get sick. Bitcoin has everything other than full privacy and speed. We only need one altcoin and nothing more.

yes, there are to many useless altcoins, but this will probably stay this way until bitcoin is so big, that everybody knows the whole spiel. then maybe we will have only some useful altcoins along bitcoin and nobody will talk about the other altcoins anymore.

ashiqdey
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September 07, 2016, 08:44:49 AM
 #556

those scammers who scammed me about $30 they will not get peace in next birth. I hope they be fine in this life but in next life they will definitely suffer. So i hate the work scam as i m not any professional but a student so $30 matters lot for me.
diodio5
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September 07, 2016, 09:02:48 AM
 #557

Altcoins.

Everytime i see another pump and dump scam coin is getting promoted heavily, i get sick. Bitcoin has everything other than full privacy and speed. We only need one altcoin and nothing more.
I think you can not remove all altcoin. moreover also quite helpful altcoin bitcoin indirectly and I think it could give a nice effect for the user's own and do not give boredom the bitcoin trading. yeah altcoin as a complement to the bitcoin
DavidoAlto
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September 07, 2016, 09:10:04 AM
 #558

My least favorite thing about the bitcoin is that you sometimes have to wait a long time on your bitcoins to get confirmed with transactions due to the low fee's you are than using.
I must say that I even hate it about the bitcoin but on the other hand I can understand why this is of course...
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September 07, 2016, 10:34:02 AM
 #559

Altcoins.

Everytime i see another pump and dump scam coin is getting promoted heavily, i get sick. Bitcoin has everything other than full privacy and speed. We only need one altcoin and nothing more.

Lol I had this funny little movie playing in my mind after I read your comment.
A group of thirsty people walking in the desert, scorching sun above and all. They suddenly see a waterhole some distance away and run to it. Two reach the waterhole before the rest and drink their fill. As the others finally get there, the two stand up and say "Guys you know we don't have time to stop here! Let's keep moving, we still got 20 more miles to go!!"   Grin
Aamir1
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September 07, 2016, 10:36:11 AM
 #560

those scammers who scammed me about $30 they will not get peace in next birth. I hope they be fine in this life but in next life they will definitely suffer. So i hate the work scam as i m not any professional but a student so $30 matters lot for me.

Hmm, you are right that scammers in the world of bitcoin are the worst thing about it, if there were no scammers in bitcoin community then it would have been really great for everyone as they would not have any worries.
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