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Author Topic: what are the common challenges for bitcoin user?  (Read 2035 times)
HolderLoo
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May 06, 2018, 05:22:43 PM
 #261

The challenges of users and investors in bitcoin that is overcome the panic when market fluctuations from FUDs. In other words, the government is trying to dominate the cryptographic market in its own way. It is important that the bans be understood and viewed seriously and clearly. trust the bitcoin.
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May 06, 2018, 05:27:03 PM
 #262

the common challenges till right now is hacking problems in the exchanger i think, almost every year i see there are a news about that which is make some holders doubt to invest at certain exchanger.
this one should be fixed soon. However, it concerns the balance of the customers and the credibility

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May 06, 2018, 05:29:21 PM
 #263

 There are a few challenges, 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 for everyone interested to participate.
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May 06, 2018, 05:31:28 PM
 #264

a very common challenge for bitcoin users is to run all the rules about bitcoin always post every week. what and always keep the rules provided by the respective bounty managers.
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May 06, 2018, 05:32:54 PM
 #265

I think the common challenge for bitcoin users is the word Patience. Because in crypto world it tooks a lot of time and you must have a lot of patience and wait for the right time to have a good opportunity to earn more profit.

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May 06, 2018, 05:40:01 PM
 #266

if in my opinion simple. a common challenge for bitcoin users. must be ready to face the price of crypto in the market If on the down dratis. every business must have a profit and there is a loss. and always wary of keeping the wallet as much as possible. because a lot of wallet in the bobol by ahocer .
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May 06, 2018, 05:51:00 PM
 #267

Bicoin itself is not the only cryptocurrency that currently can be used, there are several other systems that also provide similar products. One of the biggest challenges faced by Bitcoin users is the lack of clear regulation. But from the results of the survey it was suggested that Bitcoin remains the most popular amongst others.
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May 06, 2018, 05:56:44 PM
 #268

if I think a price that is not as stable makes us hard to predict the price. so sometimes the price dropped as freely as if going free fall. as happened in April

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May 06, 2018, 06:47:48 PM
Last edit: May 06, 2018, 07:37:53 PM by sammyp
 #269

For now, the only challenge besides the battle with government policies is bitcoin’s total dependence on internet. Internet over the years is becoming accessible and affordable but what if there is a problem for a whole day, does it mean no transactions?

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May 06, 2018, 07:02:42 PM
 #270

Typically bitcoin problems are scammers of trickster and people who use fake people to just get what they want. but even then it does not show bitcoin because it's strong, and famous
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May 06, 2018, 07:04:43 PM
 #271

For now, the only challenge besides the battle with government policies is bitcoin’s total dependence on internet. Internet over the years is becoming accessible and affordable but what if there is a problem for a whole day, does it mean know transactions?
The challenge that I am encountering was how I handle my emotion especially when there is a big pump in the price as I am attempting to cash out what I do have but I am so thankful that at least until now I am getting stronger and holding the funds that I have.
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May 06, 2018, 08:47:05 PM
 #272

To date, the global problem of Bitcoin and the whole crypto identifying not people's trust and rough regulatory attempts.
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May 06, 2018, 10:03:35 PM
 #273

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.. Ease of use... Potential for theft ...Reputation for criminal activity.. Tax issues .... are some of the biggest challenges facing mainstream adoption of bitcoin
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May 06, 2018, 10:09:01 PM
 #274

There are several problems, but now the most important of them are solved. These are fast transactions and cheap commissions. And States will soon be forced to accept and legalize cryptocurrencies. It's a matter of time.

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May 06, 2018, 10:14:19 PM
 #275

Base on my own experience the challenges that I already encounter are joining a scam ICO I have already scammed 2 times but I still don't loose hope I joined again and again to get more experience and profit in it.

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May 06, 2018, 10:20:26 PM
 #276

There are several problems, but now the most important of them are solved. These are fast transactions and cheap commissions. And States will soon be forced to accept and legalize cryptocurrencies. It's a matter of time.
I don't think most problems of Bitcoin are solved at all, the biggest one is the legalize cryptocurrency isn't solved yet.
It's still in the prohibition list of around 80 countries in the world and it's likely a big barrier that stop Bitcoin coming to the world.
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May 06, 2018, 10:33:07 PM
 #277

The challenge for bitcoin users is the risk they have to accept. Because we do not know when bitcoin will fall but if you are afraid first and do not take the risk is better you do not have to use bitcoin. Because it will only reduce the price of bitcoin in the market. So you have to be brave in taking the risks that are on the bitcoin or it's a loss or whatever.
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May 07, 2018, 01:29:02 AM
 #278

For me I guess the common challenges we are  facing in bitcoin is the dropping of its price. Sometimes we buy bitcoin at high price, but we don't know in the future the price may fall. So we will loose our capital.
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May 07, 2018, 01:37:02 AM
 #279

OK... I made a list of the common issues. Here it is:

1. Hacking of wallets
2. Lack of legal clarity
3. Tax complications
4. Volatility
5. Transaction fee uncertainity

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May 07, 2018, 01:43:07 AM
 #280

The challenges for the users of bitcoin is the emotion. I think the emotion is the no. 1 enemy of a traders and thats how they loss money because of that. They will make greedy to sell for small amount of profit. Some users scared in news so they sell their holdings they dont know that is a fake news.
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