Downsides of bitcoin

[estanislao1994]

Hello guys. I know and I have seen the upsides of bitcoin like it's a good investment and such.
I know most of us is holding their bitcoins waiting for it to go up.

Can someone give me a list or the thing you think is the downsides of bitcoin in terms of
-transactions
-scams
Etc.

[aoluain]

the downsides to Bitcoin have been talked about here on many many threads.
The two biggest are the transaction speeds and the transaction fees which are
linked to a degree.

If the fees paid for a transaction are too low confirmation is deemed not to be
of importance.

another downside depending on where you sit is the current value of BTC,
it costs more to get into it in an meaningful way at the moment 

[estanislao1994]

the downsides to Bitcoin have been talked about here on many many threads.
The two biggest are the transaction speeds and the transaction fees which are
linked to a degree.

If the fees paid for a transaction are too low confirmation is deemed not to be
of importance.

another downside depending on where you sit is the current value of BTC,
it costs more to get into it in an meaningful way at the moment 

I mean like in terms of transaction, "buying or selling something" with a deal to another party. Is there a big chance of scam?