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Author Topic: What's your least favorite thing about Bitcoin?  (Read 43102 times)
Ryananda
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October 17, 2016, 12:25:19 PM
 #661

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My least favorite thing about Bitcoin is when the price is stable because then you know that you are going to have to wait a long time.
I do not like waiting but when you are making use of Bitcoin then you will have to get used to it.

If you want to make profits in bitcoins then you need to have patience and if you lack it then there is a full possibility that you will make a wrong move by selling them at the wrong time which will ultimately bring a loss for you.
Absolutely right to benefit from flutuasi does require patience. Because if we do not have the patience we would be wrong in taking decisions and we are not going to benefit. I also really like to benefit from price fluctuations, and indeed must be very patient to wait for prices to rise.
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JumperX
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October 17, 2016, 10:42:26 PM
 #662

Tell me all about it
My least favorite thing about Bitcoin is when the price is stable because then you know that you are going to have to wait a long time.
I do not like waiting but when you are making use of Bitcoin then you will have to get used to it.

If you want to make profits in bitcoins then you need to have patience and if you lack it then there is a full possibility that you will make a wrong move by selling them at the wrong time which will ultimately bring a loss for you.
Absolutely right to benefit from flutuasi does require patience. Because if we do not have the patience we would be wrong in taking decisions and we are not going to benefit. I also really like to benefit from price fluctuations, and indeed must be very patient to wait for prices to rise.

Yeah if are active in bitcoins and keep a close watch on price movement then bitcoin will give us many opportunities to make profits from it but that is only possible by taking actions at the right time.
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October 17, 2016, 10:55:24 PM
 #663

I don't have anything to complaint about bitcoin but I don't like the fact that there is nearly no shops in my place that really accept bitcoin. I did see a coffee shop that has a bitcoin signal but it seems to be that it doesn't really mean that it uses bitcoin.

I think that is not a big deal as we can use them by converting to fiat and in future even this issue will be resolved and we would find many place to use them directly for buying things.
For now we need more adoption and merchant that can accept bitcoin as payment also accepting bitcoin locally can also help to motivate other people to use bitcoin that can also affect the price..
And i think those dreams will happen in the future because this is technology and we are in new generations.
yeah I think the future later this would happen, this is all just about the time bitcoin users continues to grow and continues to grow each year of course we just need to wait for large-scale adoption of the merchants

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October 18, 2016, 04:39:45 AM
 #664

what is my least favorite thing about bitcoin? Well, when the value of it would down and not stable. But it don't really matter for me as long as im IN in bitcoin. For sure in the near future, maybe it wouldn't stable but atleast  it will increase, it will progress and also it will become popular in our country  Smiley
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October 18, 2016, 04:44:08 AM
 #665

What I hate about bitcoin that it requires internet. that's it. Smiley Smiley

It needs an Internet connection to work. Without that connection, we wouldn't be able to really send money from a long distance. If it wouldn't require Internet, it would be like USD without PayPal, online banking and therefore no online gambling, trading and other services would be available for us either.

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October 18, 2016, 04:45:41 AM
 #666

What I hate about bitcoin that it requires internet. that's it. Smiley Smiley
Why you hate bitcoin because it really required an internet? Are you kidding? of course it really need an internet. You can't use bitcoin without internet. If you think that it make you hassle because of it then why did you join to bitcoin? i didn't say that you must quit bitcoin nor offend you, all i want to say is just give some opinions or clarifications why did you hate bitcoin.
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October 18, 2016, 08:10:43 AM
 #667

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My least favorite thing about Bitcoin is the fact that sometimes the price can be stable for to long of a time and then you will have ti wait.
Without even knowing when the price is going to rise again, I do not like that about Bitcoin.
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October 18, 2016, 08:13:24 AM
Last edit: October 18, 2016, 08:38:26 AM by Mongwapogi
 #668

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October 18, 2016, 08:16:42 AM
 #669


This is golden!!
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October 18, 2016, 08:46:04 AM
 #670

My favorite thing to bitcoin is when I get paid with bitcoin and bitcoin course that I use to buy some stuff I need.  Grin Grin Grin
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October 18, 2016, 09:33:00 AM
 #671

My favorite thing to bitcoin is when I get paid with bitcoin and bitcoin course that I use to buy some stuff I need.  Grin Grin Grin

OP is not interested in knowing what is your favorite thing in bitcoin but to know which is the thing that you hate most about it and for me the most least favorite thing about it is delay in confirmation time.
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October 18, 2016, 10:33:53 AM
 #672

You can't know for sure how long your transaction is going to take to confirm. Even with a good fee, sometimes it takes a couple of hours to get this first confirmation.
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October 18, 2016, 11:14:56 AM
 #673

You can't know for sure how long your transaction is going to take to confirm. Even with a good fee, sometimes it takes a couple of hours to get this first confirmation.

The fee with bitcoin transaction for sending or confirming it is really great and that is one of my least favorite thing about it. And even there is no certain waiting time on when the transaction is going to be confirmed but base on my experience the confirmation takes only 5-10 minutes and after that your transaction is already confirmed.

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October 18, 2016, 11:42:05 PM
 #674

I don't have anything to complaint about bitcoin but I don't like the fact that there is nearly no shops in my place that really accept bitcoin. I did see a coffee shop that has a bitcoin signal but it seems to be that it doesn't really mean that it uses bitcoin.

I think that is not a big deal as we can use them by converting to fiat and in future even this issue will be resolved and we would find many place to use them directly for buying things.
I think people will be happy to shop using bitcoin directly, in addition we will be happy and proud of course use bitcoin transaction will be instant and fast. of course it is a problem
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October 19, 2016, 05:54:49 AM
 #675

I don't have anything to complaint about bitcoin but I don't like the fact that there is nearly no shops in my place that really accept bitcoin. I did see a coffee shop that has a bitcoin signal but it seems to be that it doesn't really mean that it uses bitcoin.

I think that is not a big deal as we can use them by converting to fiat and in future even this issue will be resolved and we would find many place to use them directly for buying things.
I think people will be happy to shop using bitcoin directly, in addition we will be happy and proud of course use bitcoin transaction will be instant and fast. of course it is a problem


Everyone is looking and willing to spend their bitcoins directly but most of the countries are lacking the development of bitcoin and it cannot be used everywhere for buying anything.
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October 19, 2016, 08:08:41 AM
 #676

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My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again.
I become so impatient when the price is stable for a to long time.


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October 19, 2016, 08:12:39 AM
 #677

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My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again.
I become so impatient when the price is stable for a to long time.

That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly.
Aamir1
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October 19, 2016, 08:17:12 AM
 #678

Tell me all about it
My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again.
I become so impatient when the price is stable for a to long time.

That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly.

Though that stable nature of bitcoin causes panic to many users, but i feel that no one should do that as while the price of bitcoin is stable we can still earn money trading other coins in exchanges, so if we have some bitcoins and they are not growing themselves then we will have to make them move by increasing their quantity.
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October 19, 2016, 08:21:47 AM
 #679

Tell me all about it
My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again.
I become so impatient when the price is stable for a to long time.

That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly.

Though that stable nature of bitcoin causes panic to many users, but i feel that no one should do that as while the price of bitcoin is stable we can still earn money trading other coins in exchanges, so if we have some bitcoins and they are not growing themselves then we will have to make them move by increasing their quantity.
but to me it is good if the price of bitocin remain stale, you can see that USD is one of the most stable currency but still people are using it and is the most popular currency of the world,
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October 19, 2016, 08:48:12 AM
 #680

Tell me all about it
My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again.
I become so impatient when the price is stable for a to long time.

That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly.

Though that stable nature of bitcoin causes panic to many users, but i feel that no one should do that as while the price of bitcoin is stable we can still earn money trading other coins in exchanges, so if we have some bitcoins and they are not growing themselves then we will have to make them move by increasing their quantity.

People who are earning bitcoins will be much satisfied with stable price as it will give them stable income but people who wants to make quick profits in trading will never like price stability.
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