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Author Topic: Problems you often face online in Bitcoin world?  (Read 2699 times)
BitFinnese
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July 31, 2016, 07:37:14 PM
 #61

As being new in this world my problems are terminologies.  Bitcoin then satoshis, then there comes blockchain and then open ledger, then peer to peer decentralize stuff.  algorithm and hashes,  anyway it is harder than setting up a wallet and jotting down all the seeds and then setting up priv  keys. 
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July 31, 2016, 08:36:22 PM
 #62

actually i am living in hilly area where i mostly face the internet connectivity problem, it really wast my time, some time the internet become down for 4 to 5 days,the speed of internet is also an issue some some time the speed become so slow that it even cannot open a single page for me, in previous days it was down fro one 5 days, other wise i am not facing any problem related to bitcoin, now i am trying to get any other good connection of internet which have no problem of connectivity and have no speed issue.
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July 31, 2016, 09:06:49 PM
 #63

The biggest problem i face using Bitcoin is that it's not easy to buy bitcoins in my country as it's not supported as payment method yet..So we have to buy it online with the extra high fees
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July 31, 2016, 09:16:46 PM
 #64

Being limited where to spend the bitcoin is one of the main problem that I face everyday, another one is buying bitcoin at the real price not those with 10-15% fees which sucks thinking to use the bitcoin after.
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July 31, 2016, 11:06:12 PM
 #65

The biggest problem i face using Bitcoin is that it's not easy to buy bitcoins in my country as it's not supported as payment method yet..So we have to buy it online with the extra high fees
How much that you are paying for fee. because here in my country there is no fee for depositing money into bitcoin they are using the same price from the market. so we are not worrying about depositing of bitcoin here in my country..

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July 31, 2016, 11:12:49 PM
 #66

Being limited where to spend the bitcoin is one of the main problem that I face everyday, another one is buying bitcoin at the real price not those with 10-15% fees which sucks thinking to use the bitcoin after.

If you are forced to pay such an insanely high fee just to get yourself some coins, then yes, it's very annoying. In some countries it's very difficult to get your coins when an exchange isn't allowed to be active in your country. May I ask where you live?
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July 31, 2016, 11:38:27 PM
 #67

Still not so much online and real life shops are not accepting Bitcoin. Also, the thing that some people think that Bitcoin is something only used by criminals and weird people and they are reluctant to take it. Bitcoin is still treated like the second class payment method, if you know what I mean.

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July 31, 2016, 11:51:47 PM
 #68

Still not so much online and real life shops are not accepting Bitcoin. Also, the thing that some people think that Bitcoin is something only used by criminals and weird people and they are reluctant to take it. Bitcoin is still treated like the second class payment method, if you know what I mean.

Yes, some people actually think bitcoin closely related to the illegal and criminal activities. And not a little to make people feel uncomfortable to use it. But I think these people do not know the benefits of bitcoin, so if they have knowledge about the benefits of bitcoin might not think like that. It was like I had experienced before knowing bitcoin deeper.

For me bitcoin payment option has become the second after the fiat. Thank you

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August 01, 2016, 12:19:18 AM
 #69

I think in my problem i still didnt solve my needs in bitcoin because i want to start my own dice game i am looking for a premade script for bitcoin.
Many premade in project development section but some script are not working and some script are working but it can drain almost all my deposit amount looks like there is a backdoor about the script.. also dice game in money pot.. but i dont want to use moneypot script..

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August 01, 2016, 01:59:02 AM
 #70

My problem is i do not know some job in online with bitcoin as their salary because i want to boost my earnings in bitcoin because also i only earn in signature campaign which is very little income every day.
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August 01, 2016, 02:21:39 AM
 #71

My biggest problem is time, Like any other people, I also have priorities here in the offline world and when things get hectic, Finding time to be active here will be tough for me. Sometimes I can't even reach the minimum posts every week for signature campaigns.

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August 01, 2016, 05:00:23 AM
 #72

What are the biggest problems, hurdles, time consuming thing online which you face often in bitcoin world. Lets discuss them and try to solve!

the only time consuming thing that i have faced so far in my years of using bitcoin is the confirmation time, which is part of the protocol and there is nothing we can do about it. besides it is not such a big deal if you are not it a rush to spend the coins.

but my biggest problem is that there aren't many places to spend my coins, especially offline where there is actually none to be found around me.

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August 01, 2016, 10:11:27 AM
 #73

Although bitcoin is in evolution mode, I wouldn’t classify it as a problem but I think it would be better if we can find solution to slower transactions. It takes up to 1 hour to successfully transact bitcoin, although I find it faster and cheaper than wire transfer but still, can we boost the speed?

Alternatively, how can we promote merchants to accept bitcoins? We should have some concrete plan to build a global awareness plan not only about bitcoin but crypto currencies as a whole. We should focus on growth instead of other non important things.
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August 01, 2016, 01:21:24 PM
 #74

Being limited where to spend the bitcoin is one of the main problem that I face everyday, another one is buying bitcoin at the real price not those with 10-15% fees which sucks thinking to use the bitcoin after.

If you are forced to pay such an insanely high fee just to get yourself some coins, then yes, it's very annoying. In some countries it's very difficult to get your coins when an exchange isn't allowed to be active in your country. May I ask where you live?
Having to pay high fees depends on the seller. I often use localbitcoins so that I can somehow bargain the price in anyway I can but of course, it doesn't always work. When I am in hurry of doing either buying or selling, I have no other option other than paying higher fees usually.

Planning well in advance is not yet possible for me, but that may the right solution for this.

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August 01, 2016, 02:20:35 PM
 #75

Any problems I have with Bitcoin are usually due to my own fault, like not adding enough miner fees when the network is saturated.
Happened to me a couple of times where I didn't add enough fees for a purchase and it was cancelled, I've learnt my lesson though and now I usually add a high fee when making a purchase.

Ewinsane
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December 25, 2016, 07:54:16 PM
 #76

1. Scammers (mainly ponzi scheems) that are really time confusing though you can't do anything about them!
Even if you're warned bout it, it still feels like it may not be a scamas others have not reported it to be a ponzi.

Trying to remember a bitcoin address when you want to input it to a computer from a mobile wallet is also lots of effort (wehn you don't know how to share the information between them)!
Trying to remember a bitcoin address can be solved by getting an vanity bitcoin address.
You can find those services people offer getting the bitcoin address that you want in that section: services.
cjmoles
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December 25, 2016, 08:13:09 PM
 #77

My biggest problem seems to be getting my transactions caught in the +1hr blocks when I need to get my transaction through quickly.  In fact, I'm beginning to think there's a conspiracy to slow my transactions down!  It's funny because there'll be several fast transactions before and after mine's published....but mine always gets stuck in the higher deviation blocks....Variance doesn't seem to be on my side here.
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December 25, 2016, 08:37:12 PM
 #78

I think the transaction fee is a bit high. When you make transactions of higher amounts, there is not much problem, because the fee is proportionately low, but the fee should be lower for smaller amounts. With the increase in the price of Bitcoin, the value of the transacion fee, in dollar, became even higher.
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December 25, 2016, 09:28:57 PM
 #79

My problems with bitcoin world are; Bitcoin transaction fees are a little bit higher (for smaller transactions), accumlating bitcoin becomes harder with its price rising, the blockchain size (~90GB) seems impossible for me to download with this third world internet and that's why I use an Android wallet (like "bitcoin" wallet or blockchain's wallet) and sometimes the transaction time takes longer than expected even with high fees.

And that's, of course, away from the problems related to bitcoin usage and scams.

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mrkevio
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December 25, 2016, 09:34:46 PM
 #80

I think the transaction fee is a bit high. When you make transactions of higher amounts, there is not much problem, because the fee is proportionately low, but the fee should be lower for smaller amounts. With the increase in the price of Bitcoin, the value of the transacion fee, in dollar, became even higher.

No, the transaction fees are completely your own decision. If you're going to read carefully enough, you'll see that you do have a choice: you can go even for 1 satoshis in fees, or even 0. However, that doesn't guarantee the fast confirmation of your transactions. I'm sending them with 10k satoshis in fees, and they get confirmed in maximum 3 days. You have a choice!

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