Problems you often face online in Bitcoin world?

Kray

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Quote from: Coinbuddy on July 30, 2016, 02:17:44 PM

What are the biggest problems, hurdles, time consuming thing online which you face often in bitcoin world. Lets discuss them and try to solve!

Biggest problem in my mind
1. Bitcoin mining is too hard for small miner
2. Blockchain security
3. Scam website, and can not refund if you got scammed

Meuh6879

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Quote from: Coinbuddy on July 30, 2016, 02:17:44 PM

What are the biggest problems, hurdles, time consuming thing online which you face often in bitcoin world. Lets discuss them and try to solve!

Nothing.
You CAN NOT STOP THIS ... network.

It's insane.
It's the futur.
And it is already here, now.

shinratensei_

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Quote from: shield132 on December 25, 2016, 04:52:43 PM

Main problem was and if it will continues so, always will be confirmation of transactions. If you are going to make transaction of higher than 1 bitcoin with normal fee, than sometimes there is problem and you have to wait 1 week or in worst situation delete transaction in order to make it forgotten for networks. Another problem is that there is no chanse of returning sented bitcoin if you sent it in wrong place. All other thing are perfect.

The best way for try to fill your transaction fees with more money. Such the system was seeing your transaction be un-prioritized transaction. Spam can happen anytime and make your fees a higher than the first number was appearing.
But even if that will back to the previous place but it will take a long time and so boring.

BitFinnese

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Quote from: shield132 on December 25, 2016, 04:52:43 PM

Main problem was and if it will continues so, always will be confirmation of transactions. If you are going to make transaction of higher than 1 bitcoin with normal fee, than sometimes there is problem and you have to wait 1 week or in worst situation delete transaction in order to make it forgotten for networks. Another problem is that there is no chanse of returning sented bitcoin if you sent it in wrong place. All other thing are perfect.

Aside from the confirmation, the frequent problem when using bitcoin online is the deposit and withdrawal pending. In rare cases, users experience deposit pending to some platform that uses Bitcoin such as exchanges and trading platform. Another thing is the withdrawal pending. I often experience this thing and the only reason the support give me is that there are some security issue or the fund is in cold wallet which is really annoying especially when I really needed the BTC for other purposes.

shield132

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Main problem was and if it will continues so, always will be confirmation of transactions. If you are going to make transaction of higher than 1 bitcoin with normal fee, than sometimes there is problem and you have to wait 1 week or in worst situation delete transaction in order to make it forgotten for networks. Another problem is that there is no chanse of returning sented bitcoin if you sent it in wrong place. All other thing are perfect.

Superways

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I do not face any problem but only sometimes when an online wallet or exchange suddenly lock my account (i faced that issue one time) and ak for documents in order to get back the account. At that time I wonder that why they are asking for that documents as bitcoin is famous for its feature of anonymity.

mrkevio

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Quote from: d@nte on December 25, 2016, 03:37:12 PM

I think the transaction fee is a bit high. When you make transactions of higher amounts, there is not much problem, because the fee is proportionately low, but the fee should be lower for smaller amounts. With the increase in the price of Bitcoin, the value of the transacion fee, in dollar, became even higher.

No, the transaction fees are completely your own decision. If you're going to read carefully enough, you'll see that you do have a choice: you can go even for 1 satoshis in fees, or even 0. However, that doesn't guarantee the fast confirmation of your transactions. I'm sending them with 10k satoshis in fees, and they get confirmed in maximum 3 days. You have a choice!

FlamingFingers

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My problems with bitcoin world are; Bitcoin transaction fees are a little bit higher (for smaller transactions), accumlating bitcoin becomes harder with its price rising, the blockchain size (~90GB) seems impossible for me to download with this third world internet and that's why I use an Android wallet (like "bitcoin" wallet or blockchain's wallet) and sometimes the transaction time takes longer than expected even with high fees.

And that's, of course, away from the problems related to bitcoin usage and scams.

d@nte

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I think the transaction fee is a bit high. When you make transactions of higher amounts, there is not much problem, because the fee is proportionately low, but the fee should be lower for smaller amounts. With the increase in the price of Bitcoin, the value of the transacion fee, in dollar, became even higher.

cjmoles

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My biggest problem seems to be getting my transactions caught in the +1hr blocks when I need to get my transaction through quickly. In fact, I'm beginning to think there's a conspiracy to slow my transactions down! It's funny because there'll be several fast transactions before and after mine's published....but mine always gets stuck in the higher deviation blocks....Variance doesn't seem to be on my side here.

Ewinsane

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Quote from: jackg on July 30, 2016, 05:36:19 PM

1. Scammers (mainly ponzi scheems) that are really time confusing though you can't do anything about them!
Even if you're warned bout it, it still feels like it may not be a scamas others have not reported it to be a ponzi.

Trying to remember a bitcoin address when you want to input it to a computer from a mobile wallet is also lots of effort (wehn you don't know how to share the information between them)!

Trying to remember a bitcoin address can be solved by getting an vanity bitcoin address.
You can find those services people offer getting the bitcoin address that you want in that section: services.

eternalgloom

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Any problems I have with Bitcoin are usually due to my own fault, like not adding enough miner fees when the network is saturated.
Happened to me a couple of times where I didn't add enough fees for a purchase and it was cancelled, I've learnt my lesson though and now I usually add a high fee when making a purchase.

justdimin

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Quote from: richardsNY on July 31, 2016, 06:12:49 PM

Quote from: n691309 on July 31, 2016, 04:16:46 PM

Being limited where to spend the bitcoin is one of the main problem that I face everyday, another one is buying bitcoin at the real price not those with 10-15% fees which sucks thinking to use the bitcoin after.

If you are forced to pay such an insanely high fee just to get yourself some coins, then yes, it's very annoying. In some countries it's very difficult to get your coins when an exchange isn't allowed to be active in your country. May I ask where you live?

Having to pay high fees depends on the seller. I often use localbitcoins so that I can somehow bargain the price in anyway I can but of course, it doesn't always work. When I am in hurry of doing either buying or selling, I have no other option other than paying higher fees usually.

Planning well in advance is not yet possible for me, but that may the right solution for this.

Dudeperfect

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Although bitcoin is in evolution mode, I wouldn’t classify it as a problem but I think it would be better if we can find solution to slower transactions. It takes up to 1 hour to successfully transact bitcoin, although I find it faster and cheaper than wire transfer but still, can we boost the speed?

Alternatively, how can we promote merchants to accept bitcoins? We should have some concrete plan to build a global awareness plan not only about bitcoin but crypto currencies as a whole. We should focus on growth instead of other non important things.

pooya87

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Quote from: Coinbuddy on July 30, 2016, 02:17:44 PM

What are the biggest problems, hurdles, time consuming thing online which you face often in bitcoin world. Lets discuss them and try to solve!

the only time consuming thing that i have faced so far in my years of using bitcoin is the confirmation time, which is part of the protocol and there is nothing we can do about it. besides it is not such a big deal if you are not it a rush to spend the coins.

but my biggest problem is that there aren't many places to spend my coins, especially offline where there is actually none to be found around me.

Wandering Soul~

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Wolf

My biggest problem is time, Like any other people, I also have priorities here in the offline world and when things get hectic, Finding time to be active here will be tough for me. Sometimes I can't even reach the minimum posts every week for signature campaigns.

madwica

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My problem is i do not know some job in online with bitcoin as their salary because i want to boost my earnings in bitcoin because also i only earn in signature campaign which is very little income every day.

Blitzboy

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I think in my problem i still didnt solve my needs in bitcoin because i want to start my own dice game i am looking for a premade script for bitcoin.
Many premade in project development section but some script are not working and some script are working but it can drain almost all my deposit amount looks like there is a backdoor about the script.. also dice game in money pot.. but i dont want to use moneypot script..

Strongkored

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Quote from: bitbunnny on July 31, 2016, 06:38:27 PM

Still not so much online and real life shops are not accepting Bitcoin. Also, the thing that some people think that Bitcoin is something only used by criminals and weird people and they are reluctant to take it. Bitcoin is still treated like the second class payment method, if you know what I mean.

Yes, some people actually think bitcoin closely related to the illegal and criminal activities. And not a little to make people feel uncomfortable to use it. But I think these people do not know the benefits of bitcoin, so if they have knowledge about the benefits of bitcoin might not think like that. It was like I had experienced before knowing bitcoin deeper.

For me bitcoin payment option has become the second after the fiat. Thank you

bitbunnny

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Still not so much online and real life shops are not accepting Bitcoin. Also, the thing that some people think that Bitcoin is something only used by criminals and weird people and they are reluctant to take it. Bitcoin is still treated like the second class payment method, if you know what I mean.

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