What is the obstacle of Bitcoin？

[Janation]

One of the obstacle of bitcoin are the people who are against on it and think it was a scam. This obstacle cause people for not adopting bitcoin despite of the good opportunity that bitcoin can give. When people really understand bitcoin the volume of bitcoin users will increase and maybe it can be the way for them to earn a good profit.

This problem exists because they don't have an idea about what bitcoin is, because what they hear about bitcoin is the negative thing that is spread by mainstream media. I think the real key is legalization and regulation, I'm sure it will eliminate the negative stigma on bitcoin..

These days a lot of people will just keep on judging you and unless you have a proof.

If a lot of people are using Bitcoin, I guess this will not be a problem. We are using Bitcoin for a long time now and I don't see any problem or "scam" into it. The only scam I've experienced is investing on ICO or projects that I've not studied carefully or thoroughly. If they will just read or track the history of Bitcoin, I think they will understand that scammers just use the anonymity of it and Bitcoin is not a scam itself.

[Ethan Argu]

Obstacle of bitcoin is some are against to invest in bitcoin they said that bitcoin has a scam they keep judging. Some people are ignorant they did'nt know about bitcoin they simply judge at the first place. In that situation the people who want to join in bitcoin are few because of that issue.

[fistteam]

I think Bitcoin's biggest obstacle is people's trust. When people have doubts about the value of Bitcoin, it's hard to grow stronger in the future. And more importantly, if the government accepts bitcoin, it is a great success.

[iv4n]

Ignorance, fear from new untested technologies. Let's be real here, people don't know nothing about economy generally, they don't know who is printing money, nothing about distribution, nothing about current system, how can we expect people to understand completely different decentralised system. People still live in the shadows of their countries and governments, they do what is told to them, they don't question anything. With internet people are more connected, borders are fading away, people are more smarter and open minded, new generations will live in a different world for sure. In some way obstacles are good, overcoming them is making everything better than it was.

[Dana-pasar]

in every investment or business there must be constraints and difficulties, like at this time the price is so low that we have to be more enthusiastic in such conditions ..

[Tianna]

Bitcoin obstacles are much but a few of them I can point out is; it is not generally acceptable by all nations  because many nations still don't trust it and see it as not legal, the banks are against bitcoin, they are yet to accept bitcoin and some banks even warn people against it calling it scam and many other reasons.

[speeder]

I think that BTC have a lot of obstacles besides the ones you mentioned.The main reason why Bitcoin is not accepted in some large transactions is because the government and the banks don't let it.If Bitcoin  would have been accepted on a larger scale then believe me that the market and the crypto world in general would  evolve a lot.

[maldini]

Bitcoin is a free crypto currency, everyone can get it from any country. So that there are a lot of bitcoin users who have different opinions so that buying and selling becomes unbalanced, and if we see now there are a lot of people who spread FUD

[baghdatis1990]

        One of the obstacles Bitcoin faces is its increased volatility, but that's also the pleasure of investing. I think that if it solves a little with the volatility of the coin, many companies would choose to pay the salaries of the employees in Bitcoin. But Bitcoin also has advantages, the most important being the low cost of trading and the fact that he is the king of cryptocurrency.

[kucritt]

there are many obstacle for bitcoin, the effeiecent of bitcoin, the user furendly application, the security and the legalize of bitcoin, we should solve that problem one by one, so if you ask about the success of bitcoin in the future? it will be no ETA times

[ChrisPop]

The market is moving in cycles. We have seen Bitcoin being corrected so many times and every time it got back up stronger than ever to a new ATH. The blockchain and technologies associated with cryptocurrencies are used more and more by businesses and individuals. There is no doubt that cryptos are gaining momentum, but still the market stay pretty quiet and low. Personally I see this as a fundamental bullish divergence.

[KnightElite]

the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.

According to my observation, the main obstacle of bitcoin that I found out is the misinformation. I observed that people in my community are laughing if they heard about bitcoin because they think it is a scam. If the bitcoin can overcome this obstacle, I am sure that many mlre people will become interested to buy it and use it.

[Artemis3]

One obstacle is that it requires internet, Hopefully BIP-174 will solve this. Next would be the smartphone/pc requirement, but as they get cheaper and cheaper, that might solve itself in time.

Perhaps someone will design some sort of dedicated "smart" wallet based on a raspi or something similar very cheap for poor countries. You don't need anything to receive bitcoins, but you need "something" (that can browse the blockchain) to confirm you got them, and to send them.

[pant-79]

The crypto currency market is still developing. There are still no regulators to reduce market manipulation.
But let's not forget that Bitcoin was not created at all in order to be stable. Bitcoin was supposed to be an alternative to our current financial system. And this doesn't mean that its price should be stable.

[Upgate]

I think your suggestion on what is an obstacle to bitcoin is very false.
 In fact it's quite a positive attribute that bitcoin is have good interest from investors this would help in the growth and spread of bitcoin

[andrei56]

the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.

It is an obstacle if you let it become one, there are many people that have been here for a long time and they do not really care at all about the fiat price of bitcoin, and people will have learn to think in that way as well, you need to stop caring so much about the price of bitcoin in fiat and just concentrate on using your bitcoin whenever is convenient for you just like you would use your fiat.

[Dondisimo]

But I don't think that's the main obstacle. In addition, bitcoin will not be volatile all the time. This is only a kind of side effect of its development.

[Sumo]

This is not the main reason why bitcoin is not accepted by society. The main problem in the government's attitude to cryptocurrency. It really creates a big obstacle for its full development.

[Patron92]

This is just one of the factors why bitcoin is not yet implemented as a full-fledged currency on a global scale. Of great importance is the level of people's trust in the cryptocurrency, and skepticism on the part of the government to it and the imperfection of the technology itself today. But bitcoin is developing, which means it can be implemented as intended.

[wow.magic]

In my opinion the obstacle of bitcoin is only one and the biggest, is legality, if bitcoin has got legality in all countries the price will be more stable, and the users will also be more comfortable and will not be affected by panic sell.

One obstacles of bitcoin is not accepted in some country it can't be legality they can't recognize and the value is unstable that's why many investor's think twice before they join. If cryptocurrency give them chance to prove themselves I think the value of it, it become more progressive and many investor's will comfortable to join and less panic to sell there coins.