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Author Topic: The most frustrating thing about crypto  (Read 4319 times)
nicecrypto
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October 03, 2018, 01:23:01 PM
 #261

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
I have personally naver had any problem with both exchanges in terms of deposit and withdrawal however I stopped using cryptopia lately because I think it's a bit lagging for me. It takes a lot more longer to respond to my click and makes me miss some.trades I intend to take.
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Ale75Opus
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October 03, 2018, 01:23:42 PM
 #262

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Wow! I have never had such long delays. The maximum time that I had to wait was only a few hours.
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October 03, 2018, 01:23:58 PM
 #263

I think that the most unpleasant in cryptocurrency is slow transactions and commission. This is most frustrating for me. Because somehow it does not fit cryptocurrency.
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October 03, 2018, 01:46:19 PM
 #264

Yes, crypto exchanges do almost what they want. But this is not the most unpleasant thing in crypto. Perhaps a large number of scammers, the worst in crypto. The exchanges are hostages of reputation and sooner or later pay, if there are no violations.

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October 03, 2018, 01:51:31 PM
 #265

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
haha nice summary Wink i think though the situation will change in the nearest future, surely managers acknowledge that fact too. i guess in the meantime we'd better to buy some sedatives

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October 03, 2018, 01:59:20 PM
 #266

I think that in the coming years such problems will be solved and soon the cryptocurrency will become more acceptable for general use!
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October 03, 2018, 02:22:31 PM
 #267

the delay of some project and some project are waste of time you can easily know them some project there token can't be find in exchange or it will take long time before is listed on exchange
That is the least of my problem with crypto. What annoys me so much is the speculation driving the market and exchange manipulation orchestrated through telegram groups. All these factors add up negatively to mass adoption of cryptocurrency. Mfchain and other projects working towards mass adoption would have enjoyed a smooth ride if the crypto community adopts the right mindset. For now, bitcoin is only seen as a speculative toll for profit.
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October 04, 2018, 10:59:21 AM
 #268

I think the most frustrating moment in crypto is when we see the biggest dump that happens in any second and makes us lost the opportunity to sell the coin at the high price. We already see this in all coin especially when the price is getting a pump too high and then suddenly, the price drops too deep even the price is down deeply. Until now, I think this is the moment that we cannot think and we become panic to see the price while in the next second, the price can increase a small price.

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October 06, 2018, 06:54:39 PM
 #269

I think that in the coming years such problems will be solved and soon the cryptocurrency will become more acceptable for general use!
Can you imagine how many difficulties most people will have? Paper money offered the possibility of easy use, which gave many people the opportunity does not care about the availability of certain knowledge or education to buy or sell something.
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October 06, 2018, 07:10:57 PM
 #270

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
That is definitely a bad experience but that is not really a problem of cryptocurrencies that is a problem of exchanges, my biggest problem with cryptocurrencies is that at the moment there are not a lot of places where you can use them to buy stuff, I'm still trying to find a physical store that accepts bitcoin as a form of payment, at this point I do not even really care about what they sell I will buy something just to use my bitcoin in real life.

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October 06, 2018, 07:28:17 PM
 #271

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
yes, it's an exchange problem, I think, the process is too slow, so it needs to be fixed in such a system so that people are sure that crypto is a fast transaction of virtual currency, but the reality is different
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October 06, 2018, 07:32:13 PM
 #272

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...

You can't judge crypto because you had deposit and withdrawal issue with Idex and cryptopia respectively. Those exchange have their own personal issue that was why you had problem of deposit and withdrawal. Therefore don't generalize an issue pertaining to a particular exchange.
tanvir232
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October 06, 2018, 07:32:44 PM
 #273

My worst case was a withdrawal at cryptopia which took 30 days.
but it's not the usual case, there was a change in their CEO, almost all the team. So, their might have some problems. That's why it took 30 days. I was also stuck with 19 days. Anyway, I am always happy with services from cryptopia. I never faced any issue since then. Always got my withdrawal almost instantly.
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October 06, 2018, 07:40:58 PM
 #274

I think for me the most frustrating thing about cryptos when you have a coin, and you sold it and later the price went up so high or you have a cryptos and you refuse to sell and the price went dip down. it's so frustrating

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October 06, 2018, 07:55:45 PM
 #275

I understand with disappointment that you experience a very long withdrawal and you can't do anything. many of the communities also experienced the same thing, but crypto has already been adopted by many institutions even by several countries. maybe you can replace the exchange that you normally use using other exchanges like bitrex for example and there are many more exchanges that have fast server speeds.
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October 06, 2018, 07:55:55 PM
Last edit: October 06, 2018, 08:06:43 PM by mdzahed134
 #276

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Every exchange management not good you don't know that? In general, it does not take much time. I think you tried to withdraw low gwei, 20-25 gwei is the best and within 15 minutes it will be successfully deposit. Cryptopia takes long days to withdrawal money from exchange for inactive administration. Follow it https://ethgasstation.info/

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October 09, 2018, 01:34:04 PM
 #277

Formally, all modern money really is not provided with anything .Nevertheless, the underlying blockchain technology is seriously considered by some Central banks. In the virtual world everyone is talking about it.
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October 10, 2018, 10:06:35 PM
 #278

I think for me the most frustrating thing about cryptos when you have a coin, and you sold it and later the price went up so high or you have a cryptos and you refuse to sell and the price went dip down. it's so frustrating
Again that is not a problem that only affects cryptocurrencies, all the currencies around the world have the same problem and unfortunately it is not something that you can avoid because you need some medium of exchange to pay for the products and services that you need, so the only thing that I can say to you is that if you do not like that you should probably not invest in cryptocurrencies.

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October 10, 2018, 10:30:04 PM
 #279

I understand with disappointment that you experience a very long withdrawal and you can't do anything. many of the communities also experienced the same thing, but crypto has already been adopted by many institutions even by several countries. maybe you can replace the exchange that you normally use using other exchanges like bitrex for example and there are many more exchanges that have fast server speeds.
The most frustating thin in the crypto is about the volatilty and scammers. At least you can still try to re-broadcast your transaction. the transaction not depends on how fast the server of that exchange but that depends on the blockchain of the coin itself. i guess that you have known about that.

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October 10, 2018, 10:39:35 PM
Last edit: October 10, 2018, 11:30:56 PM by xbossJ
 #280

There are so many frustrating things about crypto; (1) when you invest in a shitcoin, (2); when you fall prey to a scammer who makes you believe you can double $Bitcoin with some wonder app. (3); when you buy a coin at a peak and it drops with your investment below zero. (4); when you think ETH network has sent your transaction only to realize you sent 0ETH paying a fee of $172. (5); When you leave your holdings in an exchange and it gets hacked and you lose everything! (6); When your transaction (Withdrawal or Deposit) gets stuck and you are waiting two weeks for support to answer your query. ; (7) When you send a transaction on ETH and you are told insufficient gas. ( 8 ) When you send bitcoin from two separate addresses at the same time and one cancels the other and you lose money. (9); when an ICO sends you only one token from a total supply of 10billion during an airdrop. (10); When You invest in an ICO and it dumps at exchanges and the project dies with no dev to be found anywhere.! the list just goes on....

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