BITCOIN'S CURRENT ISSUE | Bitcointalksearch.org

Haxor321

sr. member

Activity: 489

Merit: 250

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

Bitcoin is facing many issues right now and it is hard to deal every one of them. That's why as a community we need to help and support this innovation. And currently, the main issue that people are throwing to bitcoin is its legality. I personally think that bitcoin should be legal and should be recognize as a legit currency. What do you think will happen when the government finally recognize bitcoin?

Today's bitcoin issue as well as before is having a high fees. In some exchanger and different wallets, you need to consider also the fees in able to use that. And one major issue of bitcoin today is it's value. We all know the crisis bitcoin is facing today. We must know how to cope up with it and believe that bitcoin price will soon rise again.

SventraPapere

full member

Activity: 410

Merit: 100

"The government is on it and the government to guide. We do not have to argue with them, you will lose anyway. We need to negotiate! We can defend the bitcoins if we buy them, and not sell them! The government can get excellent benefits and economic development when working with the crypto currency.

bitterdog

hero member

Activity: 728

Merit: 503

dApps Development Automation Platform

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

Bitcoin is facing many issues right now and it is hard to deal every one of them. That's why as a community we need to help and support this innovation. And currently, the main issue that people are throwing to bitcoin is its legality. I personally think that bitcoin should be legal and should be recognize as a legit currency. What do you think will happen when the government finally recognize bitcoin?

When governments can finally accept bitcoin, im sure that they will get the advantages of bitcoin's system.

francesyrus

sr. member

Activity: 616

Merit: 251

Quote from: abhi777 on September 26, 2018, 06:39:18 AM

Quote from: robin1991 on August 11, 2018, 05:11:06 AM

Ya bitcoin face many issues like some country ban bitcoin coz the govt. Cant accept the crypto currency but in future all the issues are vanish and bitcoin become popular day by day.

I think, now the problem of bitcoin is flucfuative market prices that can rise and fall quickly without being predictable. the first problem that always exists in bitcoin is that prices go down drastically so that many people leave bitcoin.

Yeah, so many people are now afraid to invest on bitcoin because its price always go down when it pump a little bit it will dump so dip thats why new bitcoin investors are afraid to invest now. After a very successful 2017 bitcoin still not good at the moment.

abhi777

full member

Activity: 457

Merit: 100

Quote from: robin1991 on August 11, 2018, 05:11:06 AM

Ya bitcoin face many issues like some country ban bitcoin coz the govt. Cant accept the crypto currency but in future all the issues are vanish and bitcoin become popular day by day.

I think, now the problem of bitcoin is flucfuative market prices that can rise and fall quickly without being predictable. the first problem that always exists in bitcoin is that prices go down drastically so that many people leave bitcoin.

gharjas2517

newbie

Activity: 114

Merit: 0

I don't think the main problem with Bitcoin is legitimacy. At this stage, the community is still immature. The main problem with Bitcoin should be technical improvements and breakthroughs. How to get more people and more industries to adopt Bitcoin is the most important problem now.

robin1991

newbie

Activity: 49

Merit: 0

Ya bitcoin face many issues like some country ban bitcoin coz the govt. Cant accept the crypto currency but in future all the issues are vanish and bitcoin become popular day by day.

bungsoh

full member

Activity: 237

Merit: 100

Quote from: batang_bitcoin on June 21, 2018, 04:34:22 AM

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

Bitcoin is facing many issues right now and it is hard to deal every one of them.

What are these "many" issues right now? slow network and expensive fees?

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

That's why as a community we need to help and support this innovation.

I agree on this but not all the people inside the community are going to help and there are people who are part of this great community are the ones who are giving FUD by questioning some problems that it shouldn't be an issue for bitcoin.

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

And currently, the main issue that people are throwing to bitcoin is its legality. I personally think that bitcoin should be legal and should be recognize as a legit currency.

I thought you're going to say fees and network but what about with legality? bitcoin is decentralized whether it gets legalized or not it will remain as it is.

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

What do you think will happen when the government finally recognize bitcoin?

Massive adoption and demand.

Yup. We know some time ago reported that there is a mysterious whale from Asia who did a massive adoption of bitcoin. I think this legality problem is not working to get Bitcoin into a deep sleep. The new FUD news will be increasingly being created to be adopted by the popes. The presence of these whales actually benefits small fish. Because market activity will continue to grow.

guppak

member

Activity: 143

Merit: 10

the issue of legality does not seem to matter to bitcoin. Why? Consider, countries with advanced economies have allowed bitcoins. For example US, Canada, Australia, UK, France, Netherlands, etc. Some require KYC for exchange developers.
If they have been able to set the user activity of bitcoin whether another country cannot?
So in my opinion, this legality issue has no effect on the traders' emotions. There are other issues we need to learn.

funchiestz

sr. member

Activity: 1134

Merit: 342

Now supporters should come from the countries that the price increase come. Otherwise, it seems to stay in this price range for a long time.

Yarsk

full member

Activity: 448

Merit: 122

Government recognition of bitcoin will go a long way to deal with the issue of legitimacy of bitcoin, because since the government is standing against bitcoin it can never be recognized as a legal entity, bitcoin will one day attain that height some days.

isabelland88

newbie

Activity: 294

Merit: 0

Yes bitcoin is currently having some issues like high withdrawal cost,low price etc. This things can be removed if the crypto lovers work dedictaedly to improve the condition. We will have to stop spreding FUDs and arouse positivity about bitcoin

TomCarpenter

newbie

Activity: 210

Merit: 0

How legit bitcoins are, is not as issue here that needs to be addressed, since the transactions can be traced with the aid of a good algorithm. The level of strictness varies from country to country. But still, a lot of companies are taking payments in the form of bitcoins, legal or not.

timerland

hero member

Activity: 1526

Merit: 596

It's not really bitcoin's legality or regulation per se.

That is totally out of our control as a community, imo. The government will most likely regulate all the third party bitcoin service providers sooner or later, and the extent of these regulations, what they are etc. are most likely out of the control of bitcoin users alone. Plus, the effects of regulation or a country explicitly having bitcoin as "legal" instead of holding a neutral position is often exaggerated. Bitcoin is decentralized after all.

The major issue that I see is still not enough merchant adoption. Not enough merchants accept BTC at the moment, which is why a lot of people think that bitcoin is moving away from being a currency. I see this getting better with time, though.

luisowens

newbie

Activity: 308

Merit: 0

basically btc was fully innovation for world which shatoshi made in 2009 based on this before btc price was high but in 2018 the price of btc get low so we should do something to improve this price and reputation and also make govt. know its benefits and I also support this issues.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: prediction on bush on June 21, 2018, 04:27:00 AM

Bitcoin is facing many issues right now and it is hard to deal every one of them. That's why as a community we need to help and support this innovation. And currently, the main issue that people are throwing to bitcoin is its legality. I personally think that bitcoin should be legal and should be recognize as a legit currency. What do you think will happen when the government finally recognize bitcoin?

It really doesn't matter on what we think. What matters is the thinking of the government and regulatory authorities and you can presume that they don't think very highly about bitcoin in any way. Legality was always an issue with bitcoin or any other major cryptos. It was always there, so I really don't think legality is the issue due to which the price is going down. There must be something else which we are not able to understand currently. Legality is obviously one of the ongoing issues, but still struggling to understand the rest of the story!

sammyp

full member

Activity: 854

Merit: 100

We all keep talking about this legalization almost every time. Is it really the issue? I haven’t heard of someone complaining about him/her being prevented from using bitcoin. I think we users are part of the problem. We hide and use it as if it’s a criminal activity. Let us feel free to make the public aware of bitcoin without any intimidation. Let’s be proud of it. Let’s use bitcoin to sponsor projects outside the crypto community. For instance bitcoin could have being a co-sponsor of the ongoing World Cup. These are the things that will make bitcoin well known and accepted by the entire public.

Dr.Nina

newbie

Activity: 364

Merit: 0

Bitcoin is a digital, decentralized currency which is created by using modern technology. It is created just ten years ago. During this period it had to fight against different situation. After a long battle it has started to get its success. Now it is the world’s sixth currency. Most of the first world country has legalized the currency. Bitcoin ATM has been installed in many country and the number of ATM is around three thousand and two hundred. Many multi national company and E-commerce site has started to accept bitcoin. It has created many employment all over the world. I think this issues can be spread to increase the popularity and legalization of bitcoin. And it will be huge for us if all government legalize the bitcoin.

Msworld83

copper member

Activity: 448

Merit: 0

StableDex | Decentralized, Secure & Cost Effective

Bitcoin doesn't need to be legalized, because it's decentralized and a store of value not money , money is different to Bitcoin in all manner , because money is control by government and depreciate in value cause of infinity in supply while Bitcoin has max supply that must be mine.

Gurjasmeet

copper member

Activity: 196

Merit: 0

more of countries accept the bitcoin currency and there is a line longer for legaliced it.but people are worried & heard different types of news.this is a main reason create problem now a days. l think & have hope bitcoin will go up from the bucket of problems.

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