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Author Topic: What Frustrates You Most When Using Bitcoin?  (Read 7743 times)
Kemarit
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February 05, 2017, 02:51:37 AM
 #41

What frustrates me currently with bitcoin is the fee and the unconfirmed transactions.
I experience 24 hrs or more recently, I understand it because of the massive transactions
that is going on but if I need the bitcoin to pay someone or receive one, I have to wait
which sometimes put a stress on my relationship on the one that I should be paying
because he thinks that I will not pay him.

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Mike Mayor
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February 05, 2017, 03:29:27 AM
 #42

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.


If you find a regular trader or a few regular traders (whatever the case may be) then you shouldn't have a problem. Where are ypu usually trading at ? I can see why giving identity is a problem since bitcoin is about being anonymous but sellers and buyers need protections. I think escrow is the best option using the website you trade on as the escrow. They will male their money from fees.

error08
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February 05, 2017, 03:37:58 AM
 #43

What frustrates me currently with bitcoin is the fee and the unconfirmed transactions.
I experience 24 hrs or more recently, I understand it because of the massive transactions
that is going on but if I need the bitcoin to pay someone or receive one, I have to wait
which sometimes put a stress on my relationship on the one that I should be paying
because he thinks that I will not pay him.
24 hours for confirmation? What kind of wallet do you use? How much fees did you paid for the transaction?
I've never had this kind of problems using blockchain wallet, the fees is convenient and just a few cents.
However, my big problem right now is waiting for a withdraw from an exchange which takes hours, frustrating to wait.
PhucS
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February 05, 2017, 04:11:11 AM
 #44

The problem made me feel uncomfortable when using Bitcoin probably is transaction fees and transaction speed. I used Blockchain wallet and I had to take a huge fee to perform the transaction. I've switched to using Coinbase, it is better but the time confirm the transaction is not really good. Many my transactions have not confirmed for over 24 hours. Hope that in the future these problems will be improved better.
Juggy777
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February 05, 2017, 04:29:53 AM
 #45

One of the most frustrating thing is not all are using Bitcoin, so every time I need to find who is using. Then finding a trusted person to transact with is always pain, then the huge amount of fees one needs to pay its just huge. Then when I need to urgently trade on a transaction the confirmation takes over 48 hours and sometimes more this really needs to be fixed but sadly it isnt as of now. Then at most times people offer a Bitcoin deal and don't do escrow which really is irritating as it most likely is a scam. Bitcoin is going global but needs more recognition. Once all this is fixed then Bitcoin will be just perfect.
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February 05, 2017, 05:08:18 AM
 #46

Selling bitcoins is always fun because I never faced any issues while selling bitcoins so far but when it comes to buying bitcoins, I have to make struggle because localbitcoins didn't accept my identity card for account verification and usually lowest price sellers ask for verified accounts only so it's really frustrating to buy bitcoins at higher price even when the lower price is available.
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February 05, 2017, 05:43:20 AM
 #47

there are several frustrating things using bitcoin for me and one of the most is sometimes there is spam to makes unconfirmed transactions over than 1 day and actually this thing is very annoying for me and besides that i don't have it
erickkyut
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February 05, 2017, 09:17:33 AM
 #48

The thing that frustrates me most before was the delay of my earnings from my investment sites because that is just one of the common signs that a site is a scam or might turn into scam but lately, it is still regarding on the delay but the reason now is i need the bitcoin immediately so that i can convert it into fiat. 
Xester
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February 05, 2017, 11:57:42 AM
 #49

The thing that frustrate me the most when using bitcoin is the slow confirmation. I have an experience in which my transaction took to long to confirm, it was successfully confirmed after 24 hours of waiting. But that happened to me only twice since the time that I started to use bitcoin up to the present. Though its only twice but it still worries me. Some say that its the problem with the blocksize bu the community of miners and developers could just decide to use 8mb blocksize but bitcoin core disagrees to it and suggested to use LN and Segwit. The only way to solve the problem in slow confirmation is for the miner population to make a consensus that will make way for an increase in blocksize.
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February 05, 2017, 12:02:34 PM
 #50

The thing that frustrates me most before was the delay of my earnings from my investment sites because that is just one of the common signs that a site is a scam or might turn into scam but lately, it is still regarding on the delay but the reason now is i need the bitcoin immediately so that i can convert it into fiat. 

To solve your problem, you will need to revise more the websites before making an investment. Take care about sites that promise doubling your bitcoins, always are scams.
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February 05, 2017, 12:09:54 PM
 #51

situation when I hold altcoin for 3 weeks and I need the money. I was forced to sell at cheap prices and after a few days the price of these coins increased 100% and it makes me frustrated. should I get the huge benefit. I have experienced this twice. hard to fix this because when I was in need of money should I do it

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February 05, 2017, 02:16:30 PM
 #52

nothing really frustrates me when it comes to bitcoin, even the stupidest FUDs only make me laugh harder and sometimes be sad to see the idiots who fall for it.

but even i am frustrated these days to see the fees that keep going up because of the limitation of block size and also the spam attack with all the other transactions.

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February 05, 2017, 02:35:48 PM
 #53

Nothing frustrates me more than when I needed to make some transfers to another bitcoin account and I have to handle the pressure of just keeping it together hoping that the other party will fufil his own part of the agreement because I know that the moment the coins leave my account, then its gone forever but if there is a way that I can reverse such transaction in case I am duped I am sure I will be less frustrated.
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February 05, 2017, 02:36:33 PM
 #54

The uncertainty frustrates me when I exchange Bitcoins to cash. I use localbitcoins to exchange Bitcoins to PayPal balance. The thing with PayPal is I must exchange small money at a time because PayPal would freeze my account if a huge amount of money is transferred to my account. This is inconvenient because I have to send small money everyday until I fully cashed out my Bitcoins.

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February 05, 2017, 02:56:06 PM
 #55

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?

Until recently I was thinking that complaining about how long bitcoin transaction takes is nonsense since all my transactions received the first confirmation not later than after 15 minutes and most of them took not more than 5 minutes for that. But two days ago I had to wait 36 hours for the first confirmation although I added $0.15 transacion fee, and that was really annoying. I don't know how this can be fixed but it is really frustrating if something like this will be happening often.

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February 05, 2017, 03:06:21 PM
 #56

The only thing that frustrates me the most when using bitcoin to pay for something is thinking that I'm throwing money out because I know the amount of BTC I'm using will worth a lot more a few days after...
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February 05, 2017, 03:20:57 PM
 #57

Actually I didn't faced too many problems while using bitcoin rather I always got benefits from bitcoin.But some times unconfirmed transaction give me a lot of pain.I use bitcoin for recharge my mobile online.Sometimes I got my recharge after 2-3 days because of slow transactions.
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February 05, 2017, 03:25:25 PM
 #58

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 think i am not getting frustrates when i am using bitcoin especially in confirming of the transaction because when i see there is a transaction that not yet to get confirm, then i am not to thinking anything and i am sure that when the transaction is on the network, then no matter how slow the confirming, the amount is always completed even if the transaction needed a longer of time to gets completed.



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izanagi narukami
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February 05, 2017, 03:26:46 PM
 #59

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?

Well if I want to sell bitcoin for specific value, I must compete with other one since it stack with other traders
As we know it's reasonable since the trade stack based on FIFO which consider as fair trade IMO

Smiley
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February 05, 2017, 03:28:40 PM
 #60

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?

Nothing. Frustrate for what?

If we are really into bitcoin, we must know how to deal with those problems or concerns we are encountering while using bitcoin whether for usage or trading. Yes no doubt that there are still holes when using bitcoin but don't wait for bitcoin to fixed it for us but rather we are the one who must step up to deal with that frustrating thing.
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