what are the common challenges for bitcoin user?

[thankyoulord]

I think one of the challenges for bitcoin users is the way bitcoin rises and drops from time to time....

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[alvinmtp]

The common challenges of bitcoin now and in the future are regulation and control or the power of government to rule out bitcoin not bitcoin will rule out the world. Maybe its a challenge to bitcoin if the government is trying to control and manipulate the whole system of bitcoin and make it favorable only to them not for its countrymen. We can prevent it to happen if we will support bitcoin and make it more powerful than people so that it the authority is on the people not in the government.

[asus09]

I think the general challenge is that the value is very volatile, and very vulnerable if there is an accident or ban that involves several countries. surely it can not make bitcoin crumble. only the price can change direction and become lower. well here we must be more alert and able to address any difficulties that facing.

[israfil]

I think it's a good thing because if you increase your usage of Bitcoin, you will get a lot of benefits because we all know that the use of Bitcoin is prohibiting the use of many countries, they have not been able to use Bitcoin, when monopoly uses Bitcoin in every country, the market price will increase

[saeroji92]

This can be said "Patience" and "Time management" is the most challenging in bitcoin. I can not prevent it, I have to bear it. Why? If I do not have patience, I can not survive to benefit from BTC, and also without proper time management it's hard to get bitcoin, it's a challenge for me to always get Bitcoin.

[Trixie28]

The commons colleges that bitcoin user is they get panic when the value goes down and sell for higher value. Someone hacked the wallet of user. User did not how to protect their wallet from steeling of someone.

[gabmen]

The commons colleges that bitcoin user is they get panic when the value goes down and sell for higher value. Someone hacked the wallet of user. User did not how to protect their wallet from steeling of someone.

Yeah when you say common, that means a lot of these happen most of the time. The volatility is a challenge for newbies not used to the sometimes extreme ups and downs of btc. It can move with even the smallest fud and inexperienced traders would be prone to panic. Most challenges actually dwindle down when people become more experienced

[Selbit]

Bitcoin has come a long way in the eight or so years it's been in existence, but there's still a long way to go before the digital currency becomes a widely used method of paying for goods and services. Here are seven of the biggest challenges facing mainstream adoption of bitcoin, and what would need to happen for consumers to start using the digital currency on a large scale.

1. Volatility
2. Ease of use
3. Widespread acceptance
4.Potential for theft
5. Scalability

[Williams_Leo]

The everyday challenges for Bitcoin users are likely to be market fluctuations that are very rapid and unstable, with many claiming that Bitcoin offers excellent returns to investors. The likelihood of these risks is also very high, and this can be a challenge for many.

[Chaelbrin]

A portion of the difficulties that a man must overcome is confronting reality that bitcoin's cost will never remain the same and will rise and tumble every now and then. Another is that bitcoin can be earned effortlessly yet not considered "beyond any doubt cash". It isn't preventable and the best way to confront those difficulties is to simply look into additional about bitcoin to pick up information and acknowledge the truth that they are taking a chance with their cash in bitcoin.

[godfredmanu]

To me I think the real challenge of bitcoin is the irreversible nature of its transaction , and it can be overcome if the developers can do something about it by making a transaction on the network to be reverse at least for 24 to 48 hours before the transaction can be said to be complete. Also the fees on the network is too much and if something can be done to reduce it .

[BurstBurst]

I have been using bitcoin for 3 years now, I have encountered the easiness and smoothness of the sending and receiving transactions before and the hassle of it these past months. The only challenge I have encountered was the high fees and slow transaction. The rest is ok.

[balamuda]

As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

The most common challenge is the unstable Bitcoin price, the Bitcoin price always fluctuates, and can not control it. But to prevent losses do not sell at low prices but still hold because bitcoin value will surely increase again.

[thesmallgod]

the first challenge facing bitcoin user is acceptability. bitcoin is not generally accepted as a medium of payment just like fiat currency and the acceptability also depend on the country. every user want a means through which they can buy anything they desire with bitcoin without hassle but such is not the case as many ecommerce and merchant do still think bitcoin still lack the features which make it to be used as legal tender. second challenge is issue of security and hacker. few month ago we all witness how some users lost huge amount of NEM in one Asia country due to cyber attack.

[Jenn09]

I think the challenges of bitcoin users or bitcoin holders is the afraid of losing or afraid to be left out. If the tokens their investing continue to drop there is a confusion between holding your tokens or take advantage on the situation and sell it asap for you to not be left out even your profited already or not getting back on your losses.

[davison2]

For me its the instability and unpredictability, aside the fact that i cant really do shopping around because most organisations and malls are yet to adopt it in my country.  

[mxyzptlkof6th]

I think the common challenges for bitcoin users is is that they get panic when the value goes down and i think the time management and patience is the most challenging in bitcoin. Maybe its a challenge to bitcoin if the government is trying to control bitcoin and manipulate the system of bitcoin.

[andreevaviktoriy77]

I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.

[MonaLeeTracy]

I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.

hopefully it's not like that, because bitcoin is already a lot to follow, so we must better support bitcoin in order to ride again its users, and the government did not make it all difficult.

[Raggie]

As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

the common challenge for bitcoin user is how to keep holding it when the price falling.
peoples tend to do panic sell if bitcoin value keep decreasing. it means they cannot see that bitcoin will increase back on the future.