Topic: what are the common challenges for bitcoin user? - page 12. (Read 2101 times)
Typically bitcoin problems are scammers of trickster and people who use fake people to just get what they want. but even then it does not show bitcoin because it's strong, and famous
For now, the only challenge besides the battle with government policies is bitcoin’s total dependence on internet. Internet over the years is becoming accessible and affordable but what if there is a problem for a whole day, does it mean no transactions?
if I think a price that is not as stable makes us hard to predict the price. so sometimes the price dropped as freely as if going free fall. as happened in April
Bicoin itself is not the only cryptocurrency that currently can be used, there are several other systems that also provide similar products. One of the biggest challenges faced by Bitcoin users is the lack of clear regulation. But from the results of the survey it was suggested that Bitcoin remains the most popular amongst others.
if in my opinion simple. a common challenge for bitcoin users. must be ready to face the price of crypto in the market If on the down dratis. every business must have a profit and there is a loss. and always wary of keeping the wallet as much as possible. because a lot of wallet in the bobol by ahocer .
I think the common challenge for bitcoin users is the word Patience. Because in crypto world it tooks a lot of time and you must have a lot of patience and wait for the right time to have a good opportunity to earn more profit.
a very common challenge for bitcoin users is to run all the rules about bitcoin always post every week. what and always keep the rules provided by the respective bounty managers.
There are a few challenges, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult for everyone interested to participate.
the common challenges till right now is hacking problems in the exchanger i think, almost every year i see there are a news about that which is make some holders doubt to invest at certain exchanger.
this one should be fixed soon. However, it concerns the balance of the customers and the credibility
this one should be fixed soon. However, it concerns the balance of the customers and the credibility
The challenges of users and investors in bitcoin that is overcome the panic when market fluctuations from FUDs. In other words, the government is trying to dominate the cryptographic market in its own way. It is important that the bans be understood and viewed seriously and clearly. trust the bitcoin.
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?
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
the common challenge for bitcoin user is how to keep holding it when the price falling.
peoples tend to do panic sell if bitcoin value keep decreasing. it means they cannot see that bitcoin will increase back on the future.
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.
hopefully it's not like that, because bitcoin is already a lot to follow, so we must better support bitcoin in order to ride again its users, and the government did not make it all difficult.
I think there are some challenges that must be faced bitcoin, the most noticeable is the challenge of Government in some countries prohibiting the circulation of bitcoin if bitcoin can be used across the country without any restrictions the Government has certainly the price of the bitcoin became very expensive and increasingly difficult to be obtained.
I think the common challenges for bitcoin users is is that they get panic when the value goes down and i think the time management and patience is the most challenging in bitcoin. Maybe its a challenge to bitcoin if the government is trying to control bitcoin and manipulate the system of bitcoin.
For me its the instability and unpredictability, aside the fact that i cant really do shopping around because most organisations and malls are yet to adopt it in my country.
I think the challenges of bitcoin users or bitcoin holders is the afraid of losing or afraid to be left out. If the tokens their investing continue to drop there is a confusion between holding your tokens or take advantage on the situation and sell it asap for you to not be left out even your profited already or not getting back on your losses.
the first challenge facing bitcoin user is acceptability. bitcoin is not generally accepted as a medium of payment just like fiat currency and the acceptability also depend on the country. every user want a means through which they can buy anything they desire with bitcoin without hassle but such is not the case as many ecommerce and merchant do still think bitcoin still lack the features which make it to be used as legal tender. second challenge is issue of security and hacker. few month ago we all witness how some users lost huge amount of NEM in one Asia country due to cyber attack.
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?
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
The most common challenge is the unstable Bitcoin price, the Bitcoin price always fluctuates, and can not control it. But to prevent losses do not sell at low prices but still hold because bitcoin value will surely increase again.
I have been using bitcoin for 3 years now, I have encountered the easiness and smoothness of the sending and receiving transactions before and the hassle of it these past months. The only challenge I have encountered was the high fees and slow transaction. The rest is ok.
To me I think the real challenge of bitcoin is the irreversible nature of its transaction , and it can be overcome if the developers can do something about it by making a transaction on the network to be reverse at least for 24 to 48 hours before the transaction can be said to be complete. Also the fees on the network is too much and if something can be done to reduce it .
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