Stability and ease of use. Both will as BTC matures. I do not worry about it.
i think stability is not a problem as people are entering in world of bitcoin therefore we can see the fluctuation, otherwise there bitcoin price is no so much stable as we can see that it is noncontinuous increasing and not coming down any more. hope that this strategy will continue for a long time. 
Topic: What are the main problems bitcoiners face? - page 2. (Read 6614 times)
May be the biggest disadvantage is that there are not many adopters in our country and most of them are using it only for hoarding. So buy/sell goods and services using bitcoin as payment system practically does not exist.
yes but i think bitcoin is still new, and most of the people do no know any thing about bitcoin they need introduction about bitcoin and hope that we will receive a good response from the people. For me the problem has to do with global acceptance and we'll get there one day. It needs to be accepted by world governments in order to erase the fear of usage from non users.
Exactly i am also looking for the same thing if our government will accept this Bitcoin as a legal currency. We can freely use bitcoin for all purpose. The main problem is we can not use Bitcoin directly in my country I have to exchange my BTC to fiat currency they will charge high currency this is the problem we are facing in our country.
For me the problem has to do with global acceptance and we'll get there one day. It needs to be accepted by world governments in order to erase the fear of usage from non users.
I think bitcoin main problem is or will be banks, and who ever stand behind them. Adoption is not a problem as many people here says it is, that will happen eventually when people find out about bitcoin, I know many people that never heard about it.
Scam websites are problem, they will push away many people, but there is scams with other currencies as well, so open minded person knows how to be protected in this time, stupid people will be scammed in any currency.
Hackers are the problem, it will be difficult to solve that problem and create laws against that. There is always some 'paradise' where they working from, and nobody can do nothing about them.
Scam websites are problem, they will push away many people, but there is scams with other currencies as well, so open minded person knows how to be protected in this time, stupid people will be scammed in any currency.
Hackers are the problem, it will be difficult to solve that problem and create laws against that. There is always some 'paradise' where they working from, and nobody can do nothing about them.
May be the biggest disadvantage is that there are not many adopters in our country and most of them are using it only for hoarding. So buy/sell goods and services using bitcoin as payment system practically does not exist.
Bad thing about your country but there's good news about it. That bitcoin is not just basing on the cycle of bitcoin economy in your country.
Don't worry there are still other countries who do a lot of transactions daily and that is making the economy of bitcoin greater.
Hoarding is just normal for those people who are longing for bigger profit and I don't think that is a big disadvantage.
I am conducting a sort of survey on what we all see as problems in the bitcoin community.
I hope to spark an open discussion that eventually reaches a consensus.
We should probably focus on only the top 7, or maybe top 10, 5 etc...
What are the MAIN problems you face, or you have seen others face, with bitcoin?
I will list what I think are the top problems. NOTE that these are my personal opinions...
1. Still not adopted by enough of the masses to appear in local businesses
2. Too many god damn scam websites,
3. Coinbase closed my account for no reason, a law should exist to prevent businesses denying individuals key services
4. Coinbase currently is the only way to automatically send RECURRING bitcoin payments - recurring transactions a must
5. no transparent, openly white hat bounty hacker police for problem #2 - an internet police white hat hacker network would be nice
"Identifying problems leads to solutions to those problems.
I have the passion and drive to find people who can solve said problems.
Thank you for any input you may have to offer. Long live Bitcoin!"
~ The King
I hope to spark an open discussion that eventually reaches a consensus.
We should probably focus on only the top 7, or maybe top 10, 5 etc...
What are the MAIN problems you face, or you have seen others face, with bitcoin?
I will list what I think are the top problems. NOTE that these are my personal opinions...
1. Still not adopted by enough of the masses to appear in local businesses
2. Too many god damn scam websites,
3. Coinbase closed my account for no reason, a law should exist to prevent businesses denying individuals key services
4. Coinbase currently is the only way to automatically send RECURRING bitcoin payments - recurring transactions a must
5. no transparent, openly white hat bounty hacker police for problem #2 - an internet police white hat hacker network would be nice
"Identifying problems leads to solutions to those problems.
I have the passion and drive to find people who can solve said problems.
Thank you for any input you may have to offer. Long live Bitcoin!"
~ The King
The main problem that ma country face (and think that is not the only) is the bought of bitcoin. Actually I have only one place when I can buy bitcoin (cex.io) and it would be better to have more than one. Then the second is the fact that bitcoin is not yet regulated at my country and I am always in doubt about the investments in crypto. And if my government or central bank ban bitcoin?
Stability and ease of use. Both will as BTC matures. I do not worry about it.
May be the biggest disadvantage is that there are not many adopters in our country and most of them are using it only for hoarding. So buy/sell goods and services using bitcoin as payment system practically does not exist.
Quite a lot of questions, first of all, there is no one country to support BTC buy a house, ha ha ha, which requires the process
Probably adoption. In some countries, government even ban Bitcoin for no reason at all and they tend to arrest people if they are found out using Bitcoin illegally. Well, in some other luckier countries, they can still keep their Bitcoin, but it is very hard to find someone who accept Bitcoin as a type of payment and there is no exchange around. Only in developed countries, people can freely and easily use Bitcoin daily without any difficulty
Even if its not bitcoin, If its use illegally then its natural for that to happen, And governments don't ban it for no reason . Don't forget that the nature/concept of bitcoins is enough reason for the government to be wary of it .
If there is no bitcoin to fiat exchanges there then trade peer to peer there are many platforms you can use like local bitcoins or even here . For now that bitcoin is not fully adopted yet that's all we can do but surely it will get better in the next years .
Indeed in fact bitcoin is a digital currency that is too open or too easy to use as a place of crime or corruption in large numbers (the money exchanged in the bitcoin). Where they cannot be known and not all people know who the owner of the bitcoin (if they can know the addres adress). Indeed I think that all the Government is very careful in deciding on case or problems occurred in the bitcoin. For all countries not wanting to harm all those who knowing or using bitcoin
Probably adoption. In some countries, government even ban Bitcoin for no reason at all and they tend to arrest people if they are found out using Bitcoin illegally. Well, in some other luckier countries, they can still keep their Bitcoin, but it is very hard to find someone who accept Bitcoin as a type of payment and there is no exchange around. Only in developed countries, people can freely and easily use Bitcoin daily without any difficulty
Even if its not bitcoin, If its use illegally then its natural for that to happen, And governments don't ban it for no reason . Don't forget that the nature/concept of bitcoins is enough reason for the government to be wary of it .
If there is no bitcoin to fiat exchanges there then trade peer to peer there are many platforms you can use like local bitcoins or even here . For now that bitcoin is not fully adopted yet that's all we can do but surely it will get better in the next years .
The problem i usually face with bitcoin is the lack of good bitcoin exchange in my country.There are some but have some bad things in each of them,some only accepts high amount of bitcoin and some are that only work in android like zebpay.So buying and selling bitcoin is the problem i face.
Numbers 1 and 2 are the very much seen problems. Accepting payments thru the means of bitcoin is not that easy to find.
A while back I am getting problems to how I will put my Paypal, Skrill or Neteller funds to bitcoin. There is no option of just sending it but you could buy which will again give you a transaction fees. I have too much fees to put it there and now I am paying again.
Scam sites all over facebook are all there with just different fronts.
A while back I am getting problems to how I will put my Paypal, Skrill or Neteller funds to bitcoin. There is no option of just sending it but you could buy which will again give you a transaction fees. I have too much fees to put it there and now I am paying again.
Scam sites all over facebook are all there with just different fronts.
The main problem, in my opinion, is the confirmation time. For example if you want to trade with anyone, you cannot trust that person because even if he sends you money, that amount can get unconfirmed and the trader gets both the money and the items you traded.
But I think now the timing of confirmation is not a problem because people often believe on first confirmation and that confirmation often occur within a few seconds so people do not face any problem while doing any trade or other transaction. Only a few times in the last year I faced a little delay in the first confirmation.
The main problem, in my opinion, is the confirmation time. For example if you want to trade with anyone, you cannot trust that person because even if he sends you money, that amount can get unconfirmed and the trader gets both the money and the items you traded.
Right now the main problem i face is that the transaction takes too much time and it is really annoying , i do know what the real issue is but it has being an issue for a long time and i hope the developers will settle the issue as soon as possible.
Yes, the transaction is so competitive, who pay higher fee can complete the transaction faster. We need to wait atleast 10 minute for normal transaction. But I still loves bitcoin anyway. It is the best cryptocurrency.
I don't have any big problems with bitcoin. Maybe I would call that payments are not so high that I would like to, but it depends from me and my activity also. I had only the one problem that I faced to in the most beginning - me and my boyfriend used our home wi-fi for commenting and we both were blocked on this site cause of too much comments from one place with different accounts.
the main problems I face :
1. how to explain what bitcoin really is in a simple way people can understand it easily.
2. there are some stuff I do not know exactly about bitcoin.
3. I am not sure if I spend bitcoin, who are helped.
4. do not have much time to earn bitcoin because I am a college student.
Same here, i also feel like how to explain bitcoin to someone who asks about it in a simple way because it is quite complicated for someone to understand who has never been in such business, and i also face the problem of time like you as i'm a student too and i'm also teaching kids in academy so i get really less time.1. how to explain what bitcoin really is in a simple way people can understand it easily.
2. there are some stuff I do not know exactly about bitcoin.
3. I am not sure if I spend bitcoin, who are helped.
4. do not have much time to earn bitcoin because I am a college student.
The biggest hurdle. Justifying dat stuff against oneselfes in the mirror. I recognized to have absolutely no single purpose for Bitcoins. Just dabbling in it.
The main above all is to agree eachother. That's frightening how now, with a very small community, we're facing big dramas and monthly crisis with developpers wanting to turn Bitcoin Core to its advantage. Satoshi should be desperated seeing what's happening...
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