What are the main problems bitcoiners face?

[Vaskiy]

Bitcoin transfer time is too long - can be up to one hour or more. In Blockchain wallet you can not transfer small BTC volumes, send transfer do not go through. Bitcoin privacy can be much better like in altcoins, for example, Monero.

Bitcoin transfer doesn't take that much time as quoted. Based upon the network, the variation in the time of confirmation takes place. Once on transferring bitcoin, soon the send bitcoin comes under the notification of unconfirmed transactions, which itself serves as a confirmation.

[millgates]

Bitcoin transfer time is too long - can be up to one hour or more. In Blockchain wallet you can not transfer small BTC volumes, send transfer do not go through. Bitcoin privacy can be much better like in altcoins, for example, Monero.

Bitcoin transfer doesn't take that much time as quoted. Based upon the network, the variation in the time of confirmation takes place. Once on transferring bitcoin, soon the send bitcoin comes under the notification of unconfirmed transactions, which itself serves as a confirmation.

But if bitcoin get huge much adoption the transaction can be slower. The transaction is really competitive who pay higher fees can comeplete the transaction faster. We need to wait atleast 10 minute, but it still faster than paper money transfer world widely.

[talks_cheep]

currently, the only place you can go to buy and sell bitcoins is Coinbase which is under IRS investigation, if you ever bought or sold bitcoin there, IRS will audit your tax. Bitcoin users are completely screwed in the USA.

[BitHodler]

currently, the only place you can go to buy and sell bitcoins is Coinbase which is under IRS investigation, if you ever bought or sold bitcoin there, IRS will audit your tax. Bitcoin users are completely screwed in the USA.

I assume you mean that Coinbase is the only place for you to buy your coins, right?

Nowadays there are so many other services where you can buy and sell Bitcoin. Best thing is that they offer a wide variety of options to make a deposit.

That being said, what happened with Coinbase regarding the IRS, is just a start. I wouldn't be surprised that at some point other exchanges will undergo the same treatment from the IRS.

Bitcoin is a growing industry where the government is (according to them) missing out on tens of millions in unpaid taxes. It's more than worthwhile for them to open the hunt on people through their exchanges.

[alphablitzer]

That's not all the problems that bitcoiners face; there are just some that encounters it when transacting with people. Whether they can be trusted or not. Mainly, it's the application in the real world . Also, there are just some close minded people that don't want to adopt Bitcoin.

[densuj]

I am conducting a sort of survey on what we all see as problems in the bitcoin community.

What are the MAIN problems you face, or you have seen others face, with bitcoin?

The main problem when knew about bitcoins, I want have much money from bitcoins by fast way.
But today i know it is immposible for get much money in it.
The fact not all of us getting money from bitcoins even just for a little money from bitcoins,
I just can make a little money from trading altcoins, but i am sure by the time itu will become large money.
So bitcoin is not fast way for looking for much money.

[agamasrori]

That's not all the problems that bitcoiners face; there are just some that encounters it when transacting with people. Whether they can be trusted or not. Mainly, it's the application in the real world . Also, there are just some close minded people that don't want to adopt Bitcoin.

Bitcoin world wide transaction is still faster than banks transfer. I think there are nothing serious problem that bitcoiner face. Although bitcoin amount is limited but it is can be divided into 8 decimal.

[Kasabus]

That's not all the problems that bitcoiners face; there are just some that encounters it when transacting with people. Whether they can be trusted or not. Mainly, it's the application in the real world . Also, there are just some close minded people that don't want to adopt Bitcoin.

Bitcoin world wide transaction is still faster than banks transfer. I think there are nothing serious problem that bitcoiner face. Although bitcoin amount is limited but it is can be divided into 8 decimal.

That's true, it's more faster because there is not intervention by a third party, we are transacting a very faster way and decentralize way. People loving it since the fee is very cheap and there's no restriction on your status in life to be able to adopt with bitcoin. It's definitely the freedom we are looking.

[sunsilk]

That's not all the problems that bitcoiners face; there are just some that encounters it when transacting with people. Whether they can be trusted or not. Mainly, it's the application in the real world . Also, there are just some close minded people that don't want to adopt Bitcoin.

Bitcoin world wide transaction is still faster than banks transfer. I think there are nothing serious problem that bitcoiner face. Although bitcoin amount is limited but it is can be divided into 8 decimal.

That's true, it's more faster because there is not intervention by a third party, we are transacting a very faster way and decentralize way. People loving it since the fee is very cheap and there's no restriction on your status in life to be able to adopt with bitcoin. It's definitely the freedom we are looking.

Yes there are not serious problems that a bitcoin users will face. I guess the problem is that how we are going to get bitcoins very fast.

But the answer for that is we know already as there are a lot of source out there and it is just going to depend on how we are going to work hard for it.

Certainly there are no major problems I can see that we will face unless bitcoin is going to lost its value.

[tee-rex]

currently, the only place you can go to buy and sell bitcoins is Coinbase which is under IRS investigation, if you ever bought or sold bitcoin there, IRS will audit your tax. Bitcoin users are completely screwed in the USA.

I assume you mean that Coinbase is the only place for you to buy your coins, right?

Nowadays there are so many other services where you can buy and sell Bitcoin. Best thing is that they offer a wide variety of options to make a deposit.

That being said, what happened with Coinbase regarding the IRS, is just a start. I wouldn't be surprised that at some point other exchanges will undergo the same treatment from the IRS.

Bitcoin is a growing industry where the government is (according to them) missing out on tens of millions in unpaid taxes. It's more than worthwhile for them to open the hunt on people through their exchanges.

At first they were going to ban Bitcoin and now they are going to tax it? I don't think people will welcome this idea. It the IRS and their likes really start heavily taxing people in big numbers, people will simply stop using the exchanges that are reporting on them. Besides, because exchanges like web wallets are mostly online businesses, there will be a push to register their services in countries and jurisdictions with small tax burden.

[michellee]

I am conducting a sort of survey on what we all see as problems in the bitcoin community.

What are the MAIN problems you face, or you have seen others face, with bitcoin?

The main problem when knew about bitcoins, I want have much money from bitcoins by fast way.
But today i know it is immposible for get much money in it.
The fact not all of us getting money from bitcoins even just for a little money from bitcoins,
I just can make a little money from trading altcoins, but i am sure by the time itu will become large money.
So bitcoin is not fast way for looking for much money.

its true and we know how hard to earning bitcoin by free unless we have money to buy directly from market exchanges or third party service. beside that, for now, if we want to buy 1 bitcoin, we need at least $900 in our hands but fortunately bitcoin can be bought for a little amount so we don't have to buy 1 bitcoin. the others main problems for bitcoiners is in the out side many people will consider that bitcoin is something that they have to avoid because bitcoin is ready to scam them but its wrong, this is because in out side, we know that many investment programs which using bitcoin as the payment has just make the people to loss their money in bitcoin so they called bitcoin is scam.