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Author Topic: What Frustrates You Most When Using Bitcoin?  (Read 7751 times)
The Sceptical Chymist
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February 04, 2017, 08:16:06 PM
 #21

What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?

Do you think it will it ever be fixed?
What frustrates me sometimes is soon after I sell bitcoin,price goes up and sometimes price fall down after I have bought it.Another think of course is high fee that some exchange charge for selling and buying.
Selling individual to individual is risky and finding a reliable escrow is not always easy.
I agree with this, and it's why I can't see spending bitcoin for anything that can be bought with fiat.  But for me, my biggest pet peeve is the confirmation times.   Sometimes it's just really frigging annoying,  and that's another reason why bitcoin isn't destined to become a global currency.   A store of value, yes, but not something to buy stuff with.

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February 04, 2017, 08:17:32 PM
 #22

for me, it is getting more expensive to do a transaction, the fee is getting higher.
Sometimes, takes more than 24 hours to confirm.
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February 04, 2017, 08:19:57 PM
 #23

I think there is no frustration in bitcoin transaction, just disappointed when we transact the devices we use, infected with trojan virus from the actions of criminals hecker sometimes result in failure of the transaction we even suffer losses
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February 04, 2017, 08:22:12 PM
 #24

I wouldn't call them frustrations but downsides.

1. Trading volatility (i.e price movements very often) which can make you lose a lot of money if you do trading
2. Transaction delays although this is solved from the most famous wallets like Electrum, Ledger etc where when you pay with high fees it confirms very soon in the majority of the cases.

Apart of such downsides , everything is perfect with bitcoin itself.




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February 04, 2017, 08:25:05 PM
 #25

Checking like paranoid is there any mistake in bitcoin address, no one wants to lose 10BTC.

I know this feeling, one of the first transactions I made was for about $400 and I typed in the address by hand  Shocked

However, I feel relaxed using copy and pasted addresses and QR codes....   
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February 04, 2017, 08:27:06 PM
 #26

While buying or selling , I hate the fact that I need to use exchanges that asks us for personal info and If I decide to trade with individuals the process is simply not fast enough , hopefully BitSquare.io will solve this issue in the future and when using bitcoin , I guess I'm like everybody else , the confirmation times are just annoying but that's something else that could be solved with Lightning network.

I had issues like that too with a lot of personal information needed to be provided and lots of confirmations of a transaction and me doing it as well. But now I came to know a great website where they ask only your e-mail and then you have to send some amount of btc on some adress when you want to sell them. The fee they take is around 5% and you recieve the money on a credit card in local currency within half an hour. But I guess this site of only for people from Ukraine.

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February 04, 2017, 09:55:25 PM
 #27

Is when I want to be a member to a specific site but cant use my bitcoin because they are not accepting it thats frustrates me somehow but it will come in the future and another thing will frustrate me again. I am aware of the fee but not minding about its price going higher as is it needed when you do transaction bitcoin is still better than paypal actually its just paypal is the most common way to transact.

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February 04, 2017, 10:02:49 PM
 #28

The slow as fuck confirmation time and the high as fuck fee on microtransactions.
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February 04, 2017, 11:07:22 PM
 #29

Undoubtedly, confirmation time. I use to exchange my bitcoins for PayPal or Neteller with my friends and I really hate when I quickly receive their money in a matter of minutes, but sometimes it takes several hours for them to receive their coins and this situation is very stressing for us.
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February 05, 2017, 12:12:38 AM
 #30

Slow transaction is the most frustrated thing, I'm altcoin trader usually use Poloniex and Bittrex, but they require 2 confirmations, sometimes I have to wait at least 2 hours for credit, one day it cost me over 24 hours. Bitcoin slow transaction speed will impair more users to adopt.
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February 05, 2017, 12:18:01 AM
 #31

Mostly people complaining about the very long confirmation whether having high or low fee still it takes hours. So obviously me too, because I experienced it and we can't do anything about that but to wait it confirms.
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February 05, 2017, 12:31:30 AM
 #32

When I first learned about Bitcoin nothing really frustrated me. Nowadays it's mainly the long confirmation times that I think really are a pity. Bitcoin as a whole is really nice. I still believe in its future and hope for greater scaling capabilities.
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February 05, 2017, 12:33:44 AM
 #33

When I first learned about Bitcoin nothing really frustrated me. Nowadays it's mainly the long confirmation times that I think really are a pity. Bitcoin as a whole is really nice. I still believe in its future and hope for greater scaling capabilities.

Delay in confirmation time is the worst thing with bitcoins at a moment and its really frustrating to keep on waiting for a long time for a single transaction as it almost took me 8 to 9 hours for the transaction to get confirmed apart from that I don't there is anything to worry about bitcoins.

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February 05, 2017, 12:41:20 AM
 #34

Spam transaction, at least if i was sending it from the exchange site with the fixed fee and i can change the fees like the priority fees.

But in this cases, i can't do something with it. every exchange are need to puts the manual fees for the convenience of their users.
Yes i think.

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February 05, 2017, 12:51:48 AM
 #35

using bitcoin atm are pretty expensive, though i like to keep and save my bitcoin, it is nice to buy something on stores but some  stores don't accept bitcoin and it is quite frustrating! but i can tolerate it especially when bitcoin price is high Smiley
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February 05, 2017, 12:56:11 AM
 #36

What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?

Do you think it will it ever be fixed?
I often regret is the speed of transactions. need a long time in any bitcoin delivery confirmation. today it is certainly very disturbing. I worry every time to send and receive bitcoin.
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February 05, 2017, 02:27:13 AM
 #37

Bitcoin doesnt frustrate me infact its really a big help to me regarding on money transfers but one thing i would complain sometimes is the confirmation times specially when there is a spam transactions on the network which causes the delay.I dont know how to fasten up that thing but this is just a temporary problem only.

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Huge Black Woman
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February 05, 2017, 02:37:29 AM
 #38

They ain't no place ta spend it!  That an' the damn wait times jist kill it fo me.  So naw I don't give none away less' n I'm sellin' it fo doge or summthin'.  Overall tho I'm pretty happy wit' bitcoin.  Ain't no huge gripes comin' from my big beautiful black lips.
clickerz
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February 05, 2017, 02:40:14 AM
 #39

The slow as fuck confirmation time and the high as fuck fee on microtransactions.

Same here,slow transactions really frustrates me. After sending and upon checking on the blockchain there is no transaction appearing yet and your client/receiver bugging you for not seeing the transaction.I hope this issue will be fully addressed in the future.

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e-coinomist
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February 05, 2017, 02:46:31 AM
 #40

The slow as fuck confirmation time and the high as fuck fee on microtransactions.

Same here,slow transactions really frustrates me. After sending and upon checking on the blockchain there is no transaction appearing yet and your client/receiver bugging you for not seeing the transaction.I hope this issue will be fully addressed in the future.

Even worser than that, blockchain syncing. People who run a full node 24h usually do not recognizes, but in my case everytime I want to transfer coins it's usually a weekspan to cover up.
And at current blockchain size I doubt I would ever sync it again on a data loss accident.
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