What are some disadvantages of BTC?

[ace4549]

The bitcoin does not have disadvantage characteristics that should be consider. In fact bitcoin is perfectly created to provide advantages and positive to everyone;
with the help of bitcoin everyone’s life will become more convenient and easier in all aspects.

[Sir Paijoe]

The disadvantages of BTC? I think the price is too volatile, as it happens today that the price drops to $ 2000 and it is like a roller coaster. I hope if marketcap more than $ 500 billion then the price is not too volatile.

[Karavadinos]

Bitcoin can easly be trusted but we can never forget that it is limited, Only 21 million bitcoin exchanged, besides it is physically untouchable, This is considered as a negative side and can make bitcoin a bit weak. We cannot blind trust a crypto.

[easynote]

The bitcoin does not have disadvantage characteristics that should be consider. In fact bitcoin is perfectly created to provide advantages and positive to everyone;
with the help of bitcoin everyone’s life will become more convenient and easier in all aspects.

The disadvantage to Bitcoin is that every transaction is logged. Every transaction that you send is time-stamped through Blockchain.

[Freddyclose]

just see the number of people who complain about the fees and the slowness of reason to understand that bitcoin still has a lot of work before becoming a real currency

[retnoanjani]

just see the number of people who complain about the fees and the slowness of reason to understand that bitcoin still has a lot of work before becoming a real currency

currently more bitcoin transactions, waiting time to be confirmed longer. making it less effective for payments. it is technically.
and now many are complaining about high fees.

[atileture]

i pay about 28$ to send 100$ 

important disadvantages is fees and network blocking

[bitqistchris]

In my opinion the largest disadvantages currently are the transaction speed and the transactions fees.

[bastecritical]

There are a few disadvantages of bitcoins when compared to others types of currency. The first one is that is has only few support which makes it a less reliable way of payment, and the second one would be that its is rather hard to obtain.

[sujon2429]

Transection fee is so high and slow.

[tikaka]

I think bicoin has some disadvantages as the cost for the payments is too high. The speed for bitcoin billing is a bit slow and is consistent with large payouts. Not suitable for small payments

[ufaiz50]

We all know the advantages of BTC, but what are some of the disadvantages??

we all have different points of view when looking at bitcoins primarily for weaknesses. I think the disadvantage of bitcoin is decentral itself where it can not be controlled and I think decentral is also the advantage of bitcoin because it makes bitcoin very valuable.

[semutracing]

We all know the advantages of BTC, but what are some of the disadvantages??

which became one of the weaknesses of bitcoin at this time in my opinion is bitcoin is not owned by any country bitcoin currency stand alone because he is a virtual currency, so for users bitcoin no protection from his country

[Tavarez]

Main disadvantages of btc......no one to control the value of the single bitcoin. Due to lack of proper valuation systems Bitcoin can be subject to high volatility in price. coin anonymity can help those performing illegal activities *conducting transactions*. and finally scalability issue as btc infrastructure has not undergone any significant improvements.

[jerlen17]

I think the disadvantage of bitcoin is we cannot or no one can predict the value of it. It sometime going down and sometimes getting high. Then value always fluctuate but at the end of the day the bitcoin price is still pumping because of the users and investors.

[lyks15]

The first disadvantage of bitcoin is it has a inconsistent value every time it's price may change anytime. Unlike in other business industry,investing at bitcoin is more risky than investing in regular business. And on of disadvantage of bitcoin is people may think that you are doing illegal because they did not know about bitcoin. And because many of them did not know about bitcoin they will think that you are a scammer.And unlike cash bitcoin cannot use in all store or we cannot pay it anywhere.

[Henry27]

Bitcoin is still on the development stage. It is not known by all places in the world. Therefore, there are just a small number of stores that accept Bitcoin. Using Bitcoin has a limit. And since Bitcoin is a digital currency, Bitcoin is prone to hacking and data corruption.

[Biggapp]

I think bicoin has some disadvantages as the cost for the payments is too high. The speed for bitcoin billing is a bit slow and is consistent with large payouts. Not suitable for small payments

Well in my opinion there are only two advantages of bitcoin first one id that bitcoin have no physical shape or loge and a lot of people want to see bitcoin because bitcoin is very useful in use and secondly bitcoin is only available on internet if you have internet then you can use it and if you don’t have internet then there is no chance to use bitcoin so these two things must be remove from it and I think bitcoin will find some other way to fix it.

[BryanAce]

We all know the advantages of BTC, but what are some of the disadvantages??

The money is not in your hand but bitcoin is accessible to the market and that was good to me

[Isaacck1]

We all know the advantages of BTC, but what are some of the disadvantages??

Some of the disadvantages of bitcoin is linked to fiat. There are things that bitcoin can not do that fiat can. Bitcoin can not be and will never be in physical form, the disadvantage of this is we can not use them in convenience stores, gas stations, or any market that doesn't accept bitcoin as payment. This may be an advantage, but can also be a disadvantage, bitcoin's volatility, it can be quite dangerous to be very volatile. We are not sure if it's going to rise or fall.