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Topic: what are the common challenges for bitcoin user? (Read 2085 times)

full member
Activity: 409
Merit: 100
As i observe in the bitcoin, the common challenge that i observe is the price of it, whereas bitcoin users are not aware or when the price is not stable. Bitcoin now is really hard to predict when the price increase so that they can sell their bitcoin.
newbie
Activity: 140
Merit: 0
The common challenge for Bitcoin users is that a common man can achieve more success than the success of a two-year job, if he does a bit of work in the Bitcoin index org, I believe it is a Bitcoin user's typical challenge.
member
Activity: 728
Merit: 24
The most common challenge I believe is which information to trust and how to make best use of it. There is so much information flowing around us that's it's actually chocking our ability to make a good decision. Then the challenge is to keep our wallets safe and many struggle at this. The final challenge is TRUSTING others blindly and loosing when that person defaults however together we can overcome these problems.
How is this possible in your opinion? I have long been faced with such a problem and it is not always the topic of bitcoins and investments. Issues of nutrition, physical development, immigration also always have two significant sides with their "iron facts" and it is very difficult to make a decision. Usually I'm guided by personal experience, but what if the question requires many years of personal involvement? I would be grateful if you share your thoughts.
member
Activity: 336
Merit: 10
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

Probably their first problem that they should settle first is their lack of knowledge about bitcoin. This is a terrifying enemy because it can mislead you to the whole point of bitcoin. So they need to learn more first.
member
Activity: 233
Merit: 10
I think the main challenge for bitcoin users is the higher cost of bitcoin shipping and the more difficult it is to get bitcoin and the most terrible challenge is governments of all countries, bitcoin trust is in need.
hero member
Activity: 2646
Merit: 686
The most common challenge I believe is which information to trust and how to make best use of it. There is so much information flowing around us that's it's actually chocking our ability to make a good decision. Then the challenge is to keep our wallets safe and many struggle at this. The final challenge is TRUSTING others blindly and loosing when that person defaults however together we can overcome these problems.
member
Activity: 167
Merit: 10
Revolutionising KYC Services
The biggest problem now is the government policy against bitcoin in some countries and difficulties with conversion big amounts of BTC into $.
newbie
Activity: 92
Merit: 0
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

in my opinion, the challenge that bitcoin faces is the negative view of a country, because it assumes that bitcoin will beat the country's currency.
perhaps we can prevent it by the way, teach and give understanding to people who have not understood about bitcoin, that bitcoin is just a very positive digital currency and can be beneficial for people who use the bitcoin. and bitcoin will not be able to wipe out a country's currency.
in my opinion facing the challenge, should be with a calm mind and not have to panic with the challenge. because if we do not calm down, then we will experience panic, which will have a negative impact for ourselves.
newbie
Activity: 35
Merit: 0
one of bitcoin's most common problem is that some countries want to banned bitcoin. from my own opinion a proper regulation of btc will prevent it from happening since many people nowadays are into bitcoin. which really help many nowadays.
newbie
Activity: 114
Merit: 0
The challenge for bitcoin users is that you should accept the risk of unstable bitcoin prices. Maybe that's one reason I think.
newbie
Activity: 13
Merit: 0
the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.

This.

Mass adoption is the biggest challenge facing crypto at the moment, in the face of the current FUD. As with most things I think the key to further adoption is EDUCATION- the more people understand how revolutionary this tech is, the more interest in the space. simple.
member
Activity: 240
Merit: 11
Be Positive Always!
Their are many different things that bitcoin users face. But I think the most common challenges that most of us face is the legality, many country ban bitcoin and because of that we cannot use the full capability of it. Also one of the problem is the ability to adopt by most of us.
Bitcoin nowadays has to face many challenge.. but im very positive without problem bitcoin will sure not be so famous. about the legality of bitcoin it very sure country's that banned bitcoin will not wanna bitcoin to go more bigger as some country see it as a big threat to the economy. Just trust on bitcoin will go 1 million per bitcoin in the future.
member
Activity: 188
Merit: 10
Their are many different things that bitcoin users face. But I think the most common challenges that most of us face is the legality, many country ban bitcoin and because of that we cannot use the full capability of it. Also one of the problem is the ability to adopt by most of us.
member
Activity: 218
Merit: 10
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
For me the challenges that users facing in bitcoin are time management because not all users has a time to post sometimes they post 10 posts in a day or more to fulfill the posts that is needed in a week, scammers and hackers, are most problem the the users encounter in bitcoin because it is one of rhe factors that is blocking to the money that the users earned.
member
Activity: 644
Merit: 10
COVIR.IO
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think, bitcoin facing many challenges. The biggest challenges facing bitcoin, i think is on regulation. If we want using bitcoin currency and using for payment, regulation from government needed because central banks i am believe not allowing bitcoin for payment.
hero member
Activity: 994
Merit: 507
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges that bitcoin may face are first, scammers and hackers are unstoppable. Second, price of bitcoin not always the same it is unpredictable. Third is the government who wants to ban bitcoin and the peole who abused it and use it in illegal doings. To prevent all of this we should be more careful and have enough knowledge on doing some decision.
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
Of course number 1 is price volatility. If your purchasing it as currency another challenge is that number of stores/shops available to accept bitcoin.
full member
Activity: 334
Merit: 102
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The common challenges for all of the bitcoin user including me is how long we will hold our bitcoin until the price will grow very high and we can face that challenges by having trust and by having a long patience on holding our bitcoin.
full member
Activity: 281
Merit: 100
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The usual challenges that a bitcoin users is facing is when there is a unpredictable big dump of bitcoin in market, usually bitcoin is always changing but there is some instances that the price of bitcoin get a big dump in market and it is hard especially for me when I need money and I need to sell my bitcoin in a lower price.
full member
Activity: 199
Merit: 100
The All-in-One Cryptocurrency Exchange
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Challenges may we encounter in our bitcoin? First is the accusing it as threat to other banks and governments. Second is accusing it as one of the biggest scammer. How we can prevent it? Just ignore it and don't believe them. How we should face those challenges? Can you face it if you already ignore it? so nothing you can do because you ignore and don't fool yourself.
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