What do you think are the biggest disadvantages of Bitcoin?

[Mr.Dick]

definately the high fees and the long enduring transactions!

Additionally it seems ott to some people to pay by using cc's ( there are still people which won't use online banking or paypal)

[geegaw]

I think one of the biggest disadvantages of bitcoin is that not everyone knows it can be applied anywhere. Where you can buy something like groceries and pay with bitcoin. In some countries not many bisni receive bitcoin. But not yet known people will start to admit it. 

Yeah, the potential of bitcoin is still underestimated and that made the popularity of bitcoin decrease, many people still do not know bitcoin and some people know but they still doubt about it, it still can not come and get accepted by people all over the world. In addition, the government is worried that bitcoin will affect the economy and may create more crime, they have tightened the use and transactions with Bitcoin, some countries have banned the use Bitcoin for transactions, it is also a major disadvantage to the development of bitcoin

[Maslate]

definately the high fees and the long enduring transactions!

Additionally it seems ott to some people to pay by using cc's ( there are still people which won't use online banking or paypal)

I hope we will see a cheap price soon so many people will be benefited for their online transactions.
Right now, the fees are really expensive so if you transaction is a micro transaction you will think twice of doing it because of the high fees nowadays.

[odranoel]

Biggest disadvantages of bitcoin?...i dont think so..but for me i can only say is if you dont have any internet connection that was the biggest disadvantages of it because simply you cannot join any forum anymore and all activities on it

[mejalipat]

What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved

usually people do trading by looking for a good market and not everyone is trading in bitcoin, the biggest disadvantages of bitcoin I think is the transaction cost is too high and transaction confirmation is also long and the total supply of bitcoin is limited

[jangangilaya]

For me one of disadvanatges is the fact that the transactions have become pretty expensive because of the fees. Also, anonimity is not that strong anymore as it used to be and sometimes the confirmation time that takes too long. Also it's not equaly accepted everywhere especialy by phisical merchants. But this are all things that could be improved in the future.

[seanskie18]

We should always think the advantage side in bitcoin. Bitcoin has more positive ways or things to help us and become a successful bitcoiner. The purpose in knowing the disadvantage of bitcoin is to aware us on blocking our bitcoin account. I think the only one disadvantage was the transaction fees. The money will be deducted in high amount when we transferred it to other account.

[savushkinTA]

The community is in shambles. No matter where you go, talk of bitcoin is full of anxiety, hate, vitriol and gnashing of teeth.

if I woke up tomorrow morning and bitcoin had lost 90% of it's value, I'd first be shocked and horrified, and then I'd realize that I can join another community that works together, has dreams of an amazing future in crypto and is always improving... I'd let out a sigh of enormous relief and just be happy that the nightmare was over.

[terzy]

The disadvantage of BTC? In my opinion the largest disadvantages currently are the transaction speed and the transactions fees. Also the BTC price is too volatile!

[shainasaz]

I think the biggest disadvantages about Bitcoin, if you lose your bitcoins by sending a wrong wallet address because it can not be restored anymore. So we need to be carefull or take care our bitcoins.

[supercanada1]

I think the biggest disadvantages about Bitcoin, if you lose your bitcoins by sending a wrong wallet address because it can not be restored anymore. So we need to be carefull or take care our bitcoins.

Right it is not worthy to lose bitcoin with this kind of small issue so just try to make it sure that the wallet you are using for putting all your bitcoin is secure and the site you are getting your bitcoin from is trust worthy so just hold bitcoin and for this you will have to have some good wallet and save way. But for me bitcoin does not have any disadvantage and for matter of safety is use blockchain wallet.

[Gheka]

I think the biggest disadvantages about Bitcoin, if you lose your bitcoins by sending a wrong wallet address because it can not be restored anymore. So we need to be carefull or take care our bitcoins.

Right it is not worthy to lose bitcoin with this kind of small issue so just try to make it sure that the wallet you are using for putting all your bitcoin is secure and the site you are getting your bitcoin from is trust worthy so just hold bitcoin and for this you will have to have some good wallet and save way. But for me bitcoin does not have any disadvantage and for matter of safety is use blockchain wallet.

I do not think bitcoin has any disadvantage, the time to confirm transactions is always a big disadvantage with bitcoin, many people think that this issue does not matter, sooner or later bitcoin will also go to our address. But they really think too simple, this problem can bring us terrible consequences, I just say a typical case, if we want to sell when the price of Bitcoin is high, we need to move our bitcoin to the place where we sell, time to confirm too long, and we should know the price of bitcoin increase or decrease very fast, sometimes we only delay a few minutes, we can also lose a very large.

[jtbcoins]

Biggest transaction fee of all time That's first big problem. And the second one is speed of this transaction. If you need fast transaction you need to pay ~50-70$

[_Mikasa_]

Its transaction fees are too high. Bitcoin in my opinion is really good as a payment or a use for transactions but its fees are too high that even Steam stopped supporting bitcoin as a payment because of its high fees.

[cetel]

long translations are not satisfied, and everything is fine.

[Mr.John19]

What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved

There a lot of bitcoin advantages, there few disadvantage different rate each signature campaign I hope that all the rate is equal no matter what happen to the price. There is one rate of all. Sorry I think this is disadvantage of the bitcoin.

[russ26]

For me one of disadvantages is that the transactions have become pretty expensive because of the fees. Also, anonimity is not strong anymore as it used to be and sometimes the confirmation time that takes too long. Also it's not equaly accepted everywhere especialy by phisical merchants. But this are all things that could be improved in the future.  The purpose in knowing the disadvantage of bitcoin is to aware us on blocking our bitcoin account.

[GoldMen]

Conventional payments have something in common that does not have BTC, they have already done TOO MUCH transactions to doubt it (and yet there are some errors), one could say that it is still little known, so that people have the enough confidence to leave the conventional for something unknown.

[Hobo66]

The biggest disadvantages right now for me is when
sending bitcoin payment, the payment gets stuck inside
the blockchain for hours even days I hope a fix can happen
soon to solve this unconfirmed transaction issue.

[handini]

The biggest disadvantages right now for me is when
sending bitcoin payment, the payment gets stuck inside
the blockchain for hours even days I hope a fix can happen
soon to solve this unconfirmed transaction issue.

yes indeed the current payment transaction is quite difficult and long, whether the reason that many are using bitcoin it yes, so now the bitcoin payment is very difficult. hopefully all this can be resolved quickly