mr_enoc
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August 01, 2018, 11:14:34 PM |
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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 am so much disappointed and very frustrated during my first month in trading because i have no idea on how to handle my investment carefully so when the price goes down, I immediately sell my btc and got some losses. I've done it for how many times because i got panic whenever i see a red mark, i am afraid that it will continue to go down but afterwards but i was wrong because it rise again.
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ogabonny
Newbie
Offline
Activity: 102
Merit: 0
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August 01, 2018, 11:16:07 PM |
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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?
Not so much for now, It used to be huge transaction fee caused by network congestion but that has been resolve as we are having an explosion of the lightening network
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ogabonny
Newbie
Offline
Activity: 102
Merit: 0
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August 01, 2018, 11:19:05 PM |
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I am frustrated if bitcoin prices do not improve and continue to be in a low boring market. but now it's different, bitcoin started climbing since last 1 month, hopefully this trend will continue.
I guess you bought at the peak of the market as with many people.I cant wait for the market to go boom myself, I have been holding some btc for several months now
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Bougenville
Newbie
Offline
Activity: 11
Merit: 0
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August 07, 2018, 08:17:12 AM |
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delays when I will make a bitcoin withdrawal to my wallet, even though I have used a large fee
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Dark_raven007
Newbie
Offline
Activity: 224
Merit: 0
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August 07, 2018, 08:20:47 AM |
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I'm most upset by a large commission when carrying out transactions. And sometimes there is a very long time waiting for confirmation in the chain. I hope this will be fixed in the future
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market-beta
Jr. Member
Offline
Activity: 392
Merit: 3
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August 07, 2018, 08:23:15 AM |
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when I see the prices of bitcoin and altcoin rise as high as what happened at the end of 2017. the prices of bitcoin and altcoin continue to rise so that makes me amazed and excited when I see such conditions. I hope the event will be repeated in 2018
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julzcoinbit
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August 07, 2018, 08:47:52 AM |
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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 am so much disappointed and very frustrated during my first month in trading because i have no idea on how to handle my investment carefully so when the price goes down, I immediately sell my btc and got some losses. I've done it for how many times because i got panic whenever i see a red mark, i am afraid that it will continue to go down but afterwards but i was wrong because it rise again. That was a normal scenario for your position mate, since you're newbie It would be your charge of experience, but you should learn from your mistakes because as you notice the price of bitcoin Is so fluctuated, so for the better option. You should do a long time Investment and don't look always for It, for nit make you panic, just for the bull run market and Its usually happened these nearly of the year.
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Madara_Uchiha
Jr. Member
Offline
Activity: 154
Merit: 1
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August 07, 2018, 08:51:23 AM |
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Most of all I do not like using bitcoin because it's the slowest.
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Saveplus
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August 07, 2018, 08:59:08 AM |
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I have nothing to answer because most of the time bitcoin help me so much especially in my daily life.It get me frustrated when it goes down and my profits gone,but I know it wil be back sooner or later and being calm and patiently waiting for its rise again.
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NeuroticFish
Legendary
Offline
Activity: 3668
Merit: 6379
Looking for campaign manager? Contact icopress!
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August 07, 2018, 09:04:52 AM |
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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?
The most I get frustrated about the fees (not tx fees; the fees various businesses add for their service) Exchanges get at least 4-5$ when you withdraw Bitcoin. This is a lot for somebody that may want to get 10-20$ worth of Bitcoin and get normally advised to not keep their funds at exchange. The only payment provider I know in my country which facilitates Bitcoin payments adds some 8+% to the price. If I want to use "Bitcoin card" the exchange to Euro makes me lose some 2-3% (I don't know exactly, I didn't check lately) and then I may lose some more exchanging from Euro to local currency. The most reputed local exchange still gets some 2+%. If I want to change between local currency and other country's fiat, the exchanger nearby gets less than 1% fee. I hope to see one day for Bitcoin too more exchangers (not only in US) and much lower fees. In time it'll happen...
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Ezenwanyi
Copper Member
Jr. Member
Offline
Activity: 336
Merit: 1
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August 07, 2018, 09:07:02 AM |
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The slow like- pace confirmation speed can be so frustrating. I could remember sometime ago, my plan was to sell part of my bitcoin for fiat so as to solve some pressing financial needs. I found a buyer, transfered the btc hoping to receive the fiat immediately. My hope was dashed as i was made to wait for 12 days for the confirmation of the transaction to be completed before buyer can send funds. Nothing frustrates like this.
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raddish
Newbie
Offline
Activity: 252
Merit: 0
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August 07, 2018, 09:15:11 AM |
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The thing that will frustrate me the most is the time needed and the cost needed for the transaction to go through especially when you transfer to place that require many block confirmation. I am not very opmistic on bitcoin having the problems to be solve but maybe other coins will be able to tackle the problems.
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Delinquency
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August 07, 2018, 09:29:40 AM |
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First reason is transaction fees of course. I still find it high even bitcoin price is down to 6-7k from 19k. Other is keeping it safe. If you hodl you must keep your private key, if you lose you lose everything. If you're a trader you have to keep it in exchange. And as we see on Mt. Gox, no exchange provides hundred percent security. We commend all our money people who we never met
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altercreed
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August 12, 2018, 01:39:55 PM |
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Transaction fee that cost me a lot despite transacting only small amount in the blockchain is the most frustrating moment of bitcoin for me. Selecting low transaction would also affect the transaction time spent just to complete the transaction in the blockchain.
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qwerty12
Jr. Member
Offline
Activity: 313
Merit: 1
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August 12, 2018, 01:49:49 PM |
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One thing that bothers me when selling or buying bitcoin is confirmation of a transaction process that often takes too long time. Also, the transaction fee that I think is too expensive.
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malbterxic
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August 12, 2018, 01:51:31 PM |
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Personally I am annoyed by the lack of confidentiality. In order to make an operation for cashing out, you have to undergo verification. These data can use the tax, that's what makes me and razdrazhaet.
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bloodyvio
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August 12, 2018, 02:12:58 PM |
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there is nothing i don't like when using bitcoin what i don't like is that there are only a few people who always try to manipulate the price of bitcoin and that makes the value of my assets fall
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stayeduptolate
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August 14, 2018, 10:22:23 AM |
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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?
As we all know that bitcoin ya a volatile and being volatile in nature its valuation keeps on flactuation with time and I think this nature of bitcoin frustrates all while using it because at one moment, the rates are very low and on the very next moment , the valuation keeps , what I mean is that the market of bitcoin is completely unpredictable and nobody knows where the market of bitcoin will go in the future but now the most frustrating thing about bitcoin is that its valuation is not increasing.
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PJLimbo
Newbie
Offline
Activity: 40
Merit: 0
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August 14, 2018, 10:24:53 AM |
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What disappoints me most when utilizing bitcoin is the exchange charge in light of the fact that the expense is so high regardless of whether just exchanging little measure of bitcoin. Be that as it may, things are progressing pretty well.
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Heleacce
Newbie
Offline
Activity: 72
Merit: 0
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August 14, 2018, 12:06:25 PM |
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Time of the bitcoin transfer and the fees always frustrated me the most.
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