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Author Topic: Bitcoins are not user friendly what-so-ever  (Read 1754 times)
Pkofet
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June 11, 2014, 04:29:32 PM
 #21

For people with no patient, there are other coin out there with faster confirmation.

What can I buy with those coins, other than bitcoin? Cheesy

I sell silver for nxt.

It is good to know there are economy for the other coins.

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June 11, 2014, 05:40:51 PM
 #22

Unfortunately, if a transaction is sent with insufficient fees, it could be a good 2-3 days before it is spendable again. I agree with the general sentiment that bitcoin is not user-friendly -- I hope this will improve with time and development.

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June 11, 2014, 05:53:04 PM
 #23

Unfortunately, if a transaction is sent with insufficient fees, it could be a good 2-3 days before it is spendable again. I agree with the general sentiment that bitcoin is not user-friendly -- I hope this will improve with time and development.

bitcoin is still young, and what we see today in the world of bitcoin is a fraction of that what it will become in comming times.
ofc its hard, and sometimes looks slow/dumb, but this is just the begining
ultimately, unless they hard fork btc, i believe btc will be replaced by a far better version of a crypto coin.
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June 11, 2014, 06:00:50 PM
 #24

Knowing what that coin will be, and investing early, would be, like winning the lottery.  Grin

So just hoarding bitcoins, and not investing in Alt coins, might cost you later.

Hope Op, makes his $30 and 30x more soon.  Grin Do not write off crypto currency in total, because you got burn once. 

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June 11, 2014, 06:02:28 PM
 #25

Unfortunately, if a transaction is sent with insufficient fees, it could be a good 2-3 days before it is spendable again. I agree with the general sentiment that bitcoin is not user-friendly -- I hope this will improve with time and development.

bitcoin is still young, and what we see today in the world of bitcoin is a fraction of that what it will become in comming times.
ofc its hard, and sometimes looks slow/dumb, but this is just the begining
ultimately, unless they hard fork btc, i believe btc will be replaced by a far better version of a crypto coin.

Sure, I agree that the infrastructure and applications around bitcoin will be far greater than they are today. But it can be frustrating nonetheless, especially when trying to turn other people onto bitcoin.

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June 11, 2014, 08:17:04 PM
 #26

If you want to see, how much has gone into the development of just bitcoin, browse through Satoshi's posts. He/they/she/it  Smiley has put a lot of thinking into making it, what it is today. See below:

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=520

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CEG5952
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June 11, 2014, 08:29:23 PM
 #27

If you want to see, how much has gone into the development of just bitcoin, browse through Satoshi's posts. He/they/she/it  Smiley has put a lot of thinking into making it, what it is today. See below:

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=520

Indeed. But it is important to remember that there may be aspects of the protocol that could be implemented better. And as we run into problems (block limit, for instance), developers need to stay on their toes.

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June 12, 2014, 07:14:37 PM
 #28

just have to live and learn, it gets fun if you stick with it. Many alt coins have WAY faster transactions times than BTC
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June 12, 2014, 07:28:36 PM
 #29

just have to live and learn, it gets fun if you stick with it. Many alt coins have WAY faster transactions times than BTC

Fast transaction time isn't really all that important, IMO. As long as a proper miner's fee is sent, transferring fairly significant amounts of money is fine w/ zero confirmations. With huge amounts of money, it seems that waiting for a few confirmations is not a big deal.

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June 12, 2014, 07:44:58 PM
 #30

I think you might have found a different wallet, such as Multibit offers a more user friendly experience.  I have been using Multibit since last September.  Before that I made the mistake of using an online wallet, which got hacked.  I lost everything, which was only 0.01 BTC.  I started off slowly, with amounts worth less than a dollar, so it is less frustrating if something backfires.  It is good to start off slow with small amounts of bitcoin, while you learn the ropes, mastering the steps of how to send and receive payments accurately, backup your wallets and keep an organized list of all your passwords.  Become more confortable and confident as you start to understand what to expect with how the network behaves.
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June 12, 2014, 07:57:56 PM
 #31

I think you might have found a different wallet, such as Multibit offers a more user friendly experience.  I have been using Multibit since last September.  Before that I made the mistake of using an online wallet, which got hacked.  I lost everything, which was only 0.01 BTC.  I started off slowly, with amounts worth less than a dollar, so it is less frustrating if something backfires.  It is good to start off slow with small amounts of bitcoin, while you learn the ropes, mastering the steps of how to send and receive payments accurately, backup your wallets and keep an organized list of all your passwords.  Become more confortable and confident as you start to understand what to expect with how the network behaves.

I'm sorry to hear that. Fortunately it wasn't the biggest loss. Was it an online wallet like Blockchain.info? Or a 3rd party web wallet, like the infamous Inputs.io?

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June 12, 2014, 08:59:02 PM
 #32

I'm sorry to hear that. Fortunately it wasn't the biggest loss. Was it an online wallet like Blockchain.info? Or a 3rd party web wallet, like the infamous Inputs.io?

Yes it was in fact the infamous Inputs.io.  It was the first wallet that I tried out, as was lulled into a sense of security by their website that boasted that they had most advanced encryption available for keeping your bitcoin safe.  A couple days later I received an email stating that they had been hacked and there was nothing that could be done to recover the lost bitcoins.  Thankfully I was starting off very small.  I could have just as easily gone all in and had many bitcoins stored there and then really gotten taken to the cleaners.
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June 13, 2014, 03:09:04 AM
 #33

I'm sorry to hear that. Fortunately it wasn't the biggest loss. Was it an online wallet like Blockchain.info? Or a 3rd party web wallet, like the infamous Inputs.io?

Yes it was in fact the infamous Inputs.io.  It was the first wallet that I tried out, as was lulled into a sense of security by their website that boasted that they had most advanced encryption available for keeping your bitcoin safe.  A couple days later I received an email stating that they had been hacked and there was nothing that could be done to recover the lost bitcoins.  Thankfully I was starting off very small.  I could have just as easily gone all in and had many bitcoins stored there and then really gotten taken to the cleaners.

I lost some to Inputs.io as well. The only coins in there were from TradeFortress's own signature ad program, so it didn't feel as bad as losing freshly bought coins. I managed to get a bit more than half of them back actually, when TF was doing manual payouts on a case-by-case basis. For a very small amount, you'd probably have gotten it back, had you known. He since disappeared -- and reappeared as a bought/hacked account....

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June 13, 2014, 03:54:20 AM
 #34

I took the plunge and baught my first bitcoin last week. It was a long process but overall not a bad experience at Coinbase to buy it.
During the wait I looked to arm myself with knowledge about how to safely hang on to my coin, so I immediately withdrew it from Coinbase and sent it on over to Blockchain.info wallet; big mistake.
I spent some of my coin and have about .03 left, which equates to about $30 as of writing this. 48 hours ago I used blockchain.info's wallet to send it back to my Coinbase to cash it out, and it just sat there at unconfirmed. After hours of researching it, I concluded the wallet didn't add a transaction fee, so I had to wait 2 days for the transaction to be rejected(?) and reappear in my blockchain wallet.
This morning my coin was back in my blockchain wallet (yay!!!), so I attempt to send it to my Coinbase wallet again and this time I made sure I included a generous fee (as advised by the support at blockchain.info). 12 hours later I get the first confirmation, and to my dismay it now shows a double-spend error. I have no clue what to do at this point, and I am unsure 3+ more days of frustration are worth the effort to retrieve my $30. I have no idea what is going on, all I know is my $30 is unattainabe, and there is very little information on how to retrieve it.
I feel frustrated, ripped off, and overall had a absolute terrible experience.

I actually agree with OP's statement a little bit, especially when it comes to exchanging bitcoins for fiat, more often than not it's a lengthy process and to some part you're going to have to trust a complete stranger to do it.

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June 13, 2014, 03:59:31 AM
 #35

I took the plunge and baught my first bitcoin last week. It was a long process but overall not a bad experience at Coinbase to buy it.
During the wait I looked to arm myself with knowledge about how to safely hang on to my coin, so I immediately withdrew it from Coinbase and sent it on over to Blockchain.info wallet; big mistake.
I spent some of my coin and have about .03 left, which equates to about $30 as of writing this. 48 hours ago I used blockchain.info's wallet to send it back to my Coinbase to cash it out, and it just sat there at unconfirmed. After hours of researching it, I concluded the wallet didn't add a transaction fee, so I had to wait 2 days for the transaction to be rejected(?) and reappear in my blockchain wallet.
This morning my coin was back in my blockchain wallet (yay!!!), so I attempt to send it to my Coinbase wallet again and this time I made sure I included a generous fee (as advised by the support at blockchain.info). 12 hours later I get the first confirmation, and to my dismay it now shows a double-spend error. I have no clue what to do at this point, and I am unsure 3+ more days of frustration are worth the effort to retrieve my $30. I have no idea what is going on, all I know is my $30 is unattainabe, and there is very little information on how to retrieve it.
I feel frustrated, ripped off, and overall had a absolute terrible experience.

I actually agree with OP's statement a little bit, especially when it comes to exchanging bitcoins for fiat, more often than not it's a lengthy process and to some part you're going to have to trust a complete stranger to do it.

Well, an exchange not being user friendly doesn't really have to do with bitcoin itself, as much as a lack of bitcoin services that are well vetted.

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