Topic: A big problem in bitcoin ??? - page 5. (Read 7863 times)
BitCoin evaluates it as being limited because it increases its future value.
A big problem in the bitcoin market I think is the market control of people who are holding large amounts of bitcoin. When they own a large amount of bitcoin and they suddenly sell a large amount of their bitcoin, this will greatly affect the volatility of the market.
This is the most affecting price of Bitcoin. As more and more investors are selling Bitcoin in bulk, the price of Bitcoin will go down. Actually, very many factors that cause the price of Bitcoin to go down or up.Why don't you check the market cap daily because most of the people are not willing to sell their Bitcoin for cheap prices because they bought them at the higher prices? People are willing to hold the Bitcoin as long as possible to make more returns on their investment.
Lack of Rules of Creating a Risky Environment
Again, this is mostly a bitcoin problem or another blockchain based network. Due to lack of regulatory oversight, fraud and market manipulation are common. Among these cases is Oncecoin - recently revealed as a ponzi scheme that is believed to have robbed millions of investors' money who believe they will be "next Bitcoin".
Again, this is mostly a bitcoin problem or another blockchain based network. Due to lack of regulatory oversight, fraud and market manipulation are common. Among these cases is Oncecoin - recently revealed as a ponzi scheme that is believed to have robbed millions of investors' money who believe they will be "next Bitcoin".
A big problem in the bitcoin market I think is the market control of people who are holding large amounts of bitcoin. When they own a large amount of bitcoin and they suddenly sell a large amount of their bitcoin, this will greatly affect the volatility of the market.
This is the most affecting price of Bitcoin. As more and more investors are selling Bitcoin in bulk, the price of Bitcoin will go down. Actually, very many factors that cause the price of Bitcoin to go down or up.The OP said that bitcoin is unlimited but he misunderstood, the bitcoin supply will remain same.
Let say if there is more demand for bitcoin, I'm sure bitcoin value will keep increase over time but I can see with bitcoin current value , it's still struggling because there are many bad issue for bitcoin in this 2018
OP misunderstandabout the supply of Bitcoin, but Bitcoin is very limited supply that's why the price is increasing. People are holding the Bitcoin in order to increase it's but in the year 2018 it is facing lot of issues.
A big problem in the bitcoin market I think is the market control of people who are holding large amounts of bitcoin. When they own a large amount of bitcoin and they suddenly sell a large amount of their bitcoin, this will greatly affect the volatility of the market.
This is the most affecting price of Bitcoin. As more and more investors are selling Bitcoin in bulk, the price of Bitcoin will go down. Actually, very many factors that cause the price of Bitcoin to go down or up.The OP said that bitcoin is unlimited but he misunderstood, the bitcoin supply will remain same.
Let say if there is more demand for bitcoin, I'm sure bitcoin value will keep increase over time but I can see with bitcoin current value , it's still struggling because there are many bad issue for bitcoin in this 2018
A big problem in the bitcoin market I think is the market control of people who are holding large amounts of bitcoin. When they own a large amount of bitcoin and they suddenly sell a large amount of their bitcoin, this will greatly affect the volatility of the market.
This is the most affecting price of Bitcoin. As more and more investors are selling Bitcoin in bulk, the price of Bitcoin will go down. Actually, very many factors that cause the price of Bitcoin to go down or up.
Blockchain has an environmental cost
Blockchain relies on encryption to provide security such as building consensus through a distributed network. This basically means to "prove" that the user has permission to access to the chain, a complex algorithm must be run, which requires a large amount of computing power.
Blockchain relies on encryption to provide security such as building consensus through a distributed network. This basically means to "prove" that the user has permission to access to the chain, a complex algorithm must be run, which requires a large amount of computing power.
Unstable prices have made people worried about bitcoin, it is difficult to predict the current bitcoin price
why do you think that its a big problem in bitcoin?It may be the right opinion for you but I know a lot of people who don't care what will be the bitcoin price in the future,because they know how people value it and therefore its not as difficult to predict the price of it in the future...
Today,Bitcoin is one of the tradable product and people in every sphere are talking about this,they just want it for their social-economical purposes,its so simple,I mean that it is one of the determinant detail of what you said,It may not be the absolute determinant but its axiom...
Unstable prices have made people worried about bitcoin, it is difficult to predict the current bitcoin price
why do you think that its a big problem in bitcoin?It may be the right opinion for you but I know a lot of people who don't care what will be the bitcoin price in the future,because they know how people value it and therefore its not as difficult to predict the price of it in the future...
Today,Bitcoin is one of the tradable product and people in every sphere are talking about this,they just want it for their social-economical purposes,its so simple,I mean that it is one of the determinant detail of what you said,It may not be the absolute determinant but its axiom...
Unstable prices have made people worried about bitcoin, it is difficult to predict the current bitcoin price
Well, the problem about bitcoin is no other than is when will be dump. I believe all of us will have a problem when the of bitcoin is super low. We dont want to know that bitcoin is low price. We want the higher price.
All you get rich quick noobs want to see a constantly higher price, and you guys are also the group that complains about the price going down due to a perfectly normal correction. All the long term holders don't complain at all, don't you see that? It's always noobs who are complaining about Bitcoin going up or down -- it just shows how people here think about one thing only, and that's the price. What people failed to understand during the correction this year, was that even at its lowest point of $6k, the price was still 500% up compared to the price exactly one year ago. People see problems where there aren't any problems at all....
Well, the problem about bitcoin is no other than is when will be dump. I believe all of us will have a problem when the of bitcoin is super low. We dont want to know that bitcoin is low price. We want the higher price.
I don't think that's a big problem.. comrade, I think that's more to the selfishness of us and it's indeed really humane if it's felt, but it's not a big problem. We know that prices really changes without us guessing and it's already the nature of bitcoin / cryptos, we really should be able to examine the price movements to gain profit in investing.Well there's still something more trouble than that, like some of the negatively things that many people are still doing, until most governments still see it as unfeasible if it's legal and will have a bad impacts on the country.
Well, the problem about bitcoin is no other than is when will be dump. I believe all of us will have a problem when the of bitcoin is super low. We dont want to know that bitcoin is low price. We want the higher price.
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.
It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
getting ahead bitcoin prices will be higher and make bitcoin fees more expensive because the default fee is 0.0001 btc. even in exchange fee fransaction can reach 0.002 btc, its crzy expensive for only transaction fee. that's the biggest problem of bitcoin I think, because how can bitcoin be the world's currency or payment method if the cost per transaction is so expensive? do you think this problem can be solved?It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
for an unstable price I think it's a natural thing because it's been from the beginning that bitcoin is volatile
Another problem in bitcoin is that we as a person because we are not contented in what we do have or kept complaining about everything, that the price goes down what is happening, so much screaming around the forum whenever the value of bitcoin is decreasing, why not just continue promoting it and hold what we can so that we can help bitcoin even for a little and not making any noise that would lead to a public panic to those investors/holders.
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.
It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
getting ahead bitcoin prices will be higher and make bitcoin fees more expensive because the default fee is 0.0001 btc. even in exchange fee fransaction can reach 0.002 btc, its crzy expensive for only transaction fee. that's the biggest problem of bitcoin I think, because how can bitcoin be the world's currency or payment method if the cost per transaction is so expensive? do you think this problem can be solved?It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
for an unstable price I think it's a natural thing because it's been from the beginning that bitcoin is volatile
Another problem in bitcoin is that we as a person because we are not contented in what we do have or kept complaining about everything, that the price goes down what is happening, so much screaming around the forum whenever the value of bitcoin is decreasing, why not just continue promoting it and hold what we can so that we can help bitcoin even for a little and not making any noise that would lead to a public panic to those investors/holders.
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.
It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
getting ahead bitcoin prices will be higher and make bitcoin fees more expensive because the default fee is 0.0001 btc. even in exchange fee fransaction can reach 0.002 btc, its crzy expensive for only transaction fee. that's the biggest problem of bitcoin I think, because how can bitcoin be the world's currency or payment method if the cost per transaction is so expensive? do you think this problem can be solved?It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
for an unstable price I think it's a natural thing because it's been from the beginning that bitcoin is volatile
The problem is that the big players run the market, if it was not - it would be more interesting
It true...Big mining pools got a lot of Hashrate distributed among themselves which make Bitcoin more centralized.
https://blockchain.info/pools ..Check out this link to understand an estimation of hashrate distribution amongst the largest mining pools. It briefs the whole story how players are controlling market as well as Txn fees.
What problems can be in the system cryptocurrency?
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.
It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
The big problem about bitcoin is due to PEOPLE are not being contented all the time, when the price had just reduce to 1% a lot of people already screaming and asking what is the reason, then reduced by 10% they are crying and more than 10% they are so sick and mad as if this is the end of the world without even analyzing first what is happening. It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
There is no problem in bitcoin, it is just US who are making trouble from it.
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.
It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
The big problem about bitcoin is due to PEOPLE are not being contented all the time, when the price had just reduce to 1% a lot of people already screaming and asking what is the reason, then reduced by 10% they are crying and more than 10% they are so sick and mad as if this is the end of the world without even analyzing first what is happening. It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
There is no problem in bitcoin, it is just US who are making trouble from it.
Jump to: