Topic: What are the main problems bitcoiners face? - page 7. (Read 6614 times)
Problems faced by bitcoiners are not limit to one. It may be governmental issue or it could be personal issue. Like government could ban bitcoin and all our money in wallet will go in vain. Other factors could be like family problem or any personal problem.
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 only problem that I've always complain is that bitcoin is not yet adopted by other local businesses and the only way to use and spend it is to cash it out into fiat and so far nothing else aside from that. i do not bother myself to those scam websites as I am not F*ckin dealing with them.
same here in my country bro bitcoin is not yet adopted by local businesses and some people is not yet familiar with bitcoin as they are not aware of some new stuffs on the internet and only a few people here in my country uses it therefore i think this is the main problem .
There havemore scam websites than the real exchanges. And I've to pay m low then 30th fees nowadays when I use mobile wallets which is most comfortable for me. There should be even more adoption, so that I can directly spend bitcoin everywhere without exchanging it to my local currency.
The mass adoption we are hoping might take a while to materialize because bitcoin is still in its developmental stages. We, as early adopters, should just continue to spread the word and be like ambassadors of bitcoin by making more purchases with bitcoin, talking about it in social media and all other helpful things that will assist others in learning about bitcoin.that is good but mass adoption is not really the main problem of bitcoin. it is something that needs time to resolve itself slowly.
and i see so many people talking about scams which takes place using bitcoin. and again that is the problem that people on the internet face not bitcoin itself. what we can say about bitcoin is mainly about its block size limit which is starting to get annoying.
There havemore scam websites than the real exchanges. And I've to pay m low then 30th fees nowadays when I use mobile wallets which is most comfortable for me. There should be even more adoption, so that I can directly spend bitcoin everywhere without exchanging it to my local currency.
The mass adoption we are hoping might take a while to materialize because bitcoin is still in its developmental stages. We, as early adopters, should just continue to spread the word and be like ambassadors of bitcoin by making more purchases with bitcoin, talking about it in social media and all other helpful things that will assist others in learning about bitcoin. 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 only problem that I've always complain is that bitcoin is not yet adopted by other local businesses and the only way to use and spend it is to cash it out into fiat and so far nothing else aside from that. i do not bother myself to those scam websites as I am not F*ckin dealing with them.
same here in my country bro bitcoin is not yet adopted by local businesses and some people is not yet familiar with bitcoin as they are not aware of some new stuffs on the internet and only a few people here in my country uses it therefore i think this is the main problem .
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 only problem that I've always complain is that bitcoin is not yet adopted by other local businesses and the only way to use and spend it is to cash it out into fiat and so far nothing else aside from that. i do not bother myself to those scam websites as I am not F*ckin dealing with them.
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 only problem that I've always complain is that bitcoin is not yet adopted by other local businesses and the only way to use and spend it is to cash it out into fiat and so far nothing else aside from that. i do not bother myself to those scam websites as I am not F*ckin dealing with them.
The straight up number of mongoloid halfwits that comprise the bitcoin community, an' there is aplenty. Bitcoin users tend to be they own worst enemies.
There havemore scam websites than the real exchanges. And I've to pay m low then 30th fees nowadays when I use mobile wallets which is most comfortable for me. There should be even more adoption, so that I can directly spend bitcoin everywhere without exchanging it to my local currency.
All very valid replies. Read them all. I agree with about 97%.
DO NOT WORRY ABOUT BLOCK SIZE. Think of bitcoin as gold savings, think of doge-lite-XYZ-123- etc... coin as the way you want to pay friends for even cheaper than bitcoin fees and relieve stress from the blockchain. It would work to our advantage if we had a united consensus of which coins "we" use (meaning all of us, everywhere) .... Block size can be made into an imaginary problem.
Also note that while transactions don't verify immediately, they DO appear on the blockchain immediately. If you have already traded with and trust someone, as a business you could accept payments immediately because the user cannot create the payment on the blockchain unless he has the coin in his wallet to send. Waiting for verification is not necessary between trusted parties and the wait time can be ignored.
I will tally the replies and formulate a summarized list of the problems soon, then find people I know who might can help. Changes will have to occur if crypto currency is to succeed.
Expert marketers and programmers will be employed, but even basic bitcoin users can help and we all will profit from the expansion of crypto. Godspeed and thank you all.
~ The King
DO NOT WORRY ABOUT BLOCK SIZE. Think of bitcoin as gold savings, think of doge-lite-XYZ-123- etc... coin as the way you want to pay friends for even cheaper than bitcoin fees and relieve stress from the blockchain. It would work to our advantage if we had a united consensus of which coins "we" use (meaning all of us, everywhere) .... Block size can be made into an imaginary problem.
Also note that while transactions don't verify immediately, they DO appear on the blockchain immediately. If you have already traded with and trust someone, as a business you could accept payments immediately because the user cannot create the payment on the blockchain unless he has the coin in his wallet to send. Waiting for verification is not necessary between trusted parties and the wait time can be ignored.
I will tally the replies and formulate a summarized list of the problems soon, then find people I know who might can help. Changes will have to occur if crypto currency is to succeed.
Expert marketers and programmers will be employed, but even basic bitcoin users can help and we all will profit from the expansion of crypto. Godspeed and thank you all.
~ The King
Mass adoption will never happen
Scammers you can see everywhere, don't matter the currency
Never used Coinbase
About the transparency... I think it's not our problem, if the police/government wants to know something, they have to do the job, not me, not you... For me is a plus, not a problem.
Scammers you can see everywhere, don't matter the currency
Never used Coinbase
About the transparency... I think it's not our problem, if the police/government wants to know something, they have to do the job, not me, not you... For me is a plus, not a problem.
The number of bitcoin users is increasing nowadays mass adaption is on going process, Bitcoin becomes stable now more facilities , apps and features that bitcoin can offer we just really need to have extra care due to those scammers.
Mass adoption will never happen
Scammers you can see everywhere, don't matter the currency
Never used Coinbase
About the transparency... I think it's not our problem, if the police/government wants to know something, they have to do the job, not me, not you... For me is a plus, not a problem.
Scammers you can see everywhere, don't matter the currency
Never used Coinbase
About the transparency... I think it's not our problem, if the police/government wants to know something, they have to do the job, not me, not you... For me is a plus, not a problem.
I personally think that a lot of the issues we see are coming from... well, nothing really. Just people sitting there and saying X or Y isn't good enough for them really. The only technical issues that exist, which even right now is a topic that isn't confirmed to actually be an issue, is the block sizes for the volume of transactions. That isn't even really proven to be an issue yet; it might just be a campaign for a power grab.
Quote
transactions confirm too slow
Ok everyone: You need to pay the correct fees to get included in the next block. And No, you did not include the correct fee if your transaction took more than 1 block
You can literally choose roughly how long you want to wait, by changing the fee. Today, 70 satoshis per KB gets you into the blockchain in somewhere less than 6 blocks. 80 satoshis per KB would get your transaction in in 1 block.
If you're having problems paying too much for a transaction that's small and needs to be confirmed fast, you're gonna have to wait until effective micro-payments layers are working. There's always been recognition that lower bounds are needed to protect against people spamming the network, that's not going to change until micro-payments have a working solution. Bitcoin is a bad fit for micropayments, the design is not strong in that area.
The main problems I have faced while using Bitcoin are:
1. The acceptance of Bitcoin among some of the biggest online retailers is nowhere near enough. Online retailers and brick and mortar shops need to step up their game and move with the times.
2. Too many Bitcoin exchanges have been hacked as of late and the inside job excuse is present in almost all the of cases. Shady as hell.
3. Bitcoin has become the favorite tool of online thieves and scammers. Unfortunately I don't know how this could be fixed or ameliorated.
4. Bitcoin is volatile as hell. This is a double-edged sword and it can both make you win more money and make you lose more money. A mute point but still.
1. The acceptance of Bitcoin among some of the biggest online retailers is nowhere near enough. Online retailers and brick and mortar shops need to step up their game and move with the times.
2. Too many Bitcoin exchanges have been hacked as of late and the inside job excuse is present in almost all the of cases. Shady as hell.
3. Bitcoin has become the favorite tool of online thieves and scammers. Unfortunately I don't know how this could be fixed or ameliorated.
4. Bitcoin is volatile as hell. This is a double-edged sword and it can both make you win more money and make you lose more money. A mute point but still.
I have notice that the main problem about security issue whether that scam or hacker, all of it would bring negative effect to bitcoin.
Another problem such as less option to spend bitcoin as there are no merchants accepted bitcoin as payment in my city and volatile of bitcoin price are not really matter for now which these will resolve as the time ticking away.
Long time for transaction confirmation is most common problem here as I can notice, except that people are talking about scammers and reputation of bitcoin. For me this problems are same as problem's that other currencies have as well, its not problem just in bitcoin to be clear about it.
Adoption will come over the time, its not something that we can speed up. It is important for bitcoin, but let's be honest who invest in promotion of bitcoin out of bitcoin world. Except we see mentioning bitcoin in some movie or news we don't see bitcoins in real world.
Adoption will come over the time, its not something that we can speed up. It is important for bitcoin, but let's be honest who invest in promotion of bitcoin out of bitcoin world. Except we see mentioning bitcoin in some movie or news we don't see bitcoins in real world.
I would say number one is probably one of the biggest problems. I noticed that most complaints come from the lack of places to spend Bitcoins.
This has different consequences, some of them are fewer users in the market, lower trading volume, lower liquidity in the market and more price instability.
This has different consequences, some of them are fewer users in the market, lower trading volume, lower liquidity in the market and more price instability.
In my opinion; lack of vendors, long transaction times compared to other forms of payment (however a necessary means of validation) which make it challenging to buy things in person over a decent time frame, and too much centralization; referring to the development of the blockchain and the other means of value confirmation or generation, such as mining.
My main problems are
1. the transaction speed is quite slow some of my transaction need to wait until 8 hours to be confirmed, i think because of this problem, only few stores want to adapt bitcoin
2. the reputation of bitcoin is really tainted, most of the people used bitcoin anonymity to do illegal and bad things like buying drugs or scamming other people
3.. the adoption in my country, there is no bitcoin store around here, so if i want to spend my bitcoin i need either searching the things from internet and change it to fiat and the buy the things
1. the transaction speed is quite slow some of my transaction need to wait until 8 hours to be confirmed, i think because of this problem, only few stores want to adapt bitcoin
2. the reputation of bitcoin is really tainted, most of the people used bitcoin anonymity to do illegal and bad things like buying drugs or scamming other people
3.. the adoption in my country, there is no bitcoin store around here, so if i want to spend my bitcoin i need either searching the things from internet and change it to fiat and the buy the things
The issue I have face and that have been a bother to me are as follows:
The issue of scam everywhere which no one can do anything about it once you send your funds whether knowingly or out of trust, you coin is gone no one to address the issue and even reprimand the scammer. Nothing
The number of confirmations for transactions could be annoying which should really be looked into.
Another is the popularity which is at the low point over here. Hopefully, it will improve.
The issue of scam everywhere which no one can do anything about it once you send your funds whether knowingly or out of trust, you coin is gone no one to address the issue and even reprimand the scammer. Nothing
The number of confirmations for transactions could be annoying which should really be looked into.
Another is the popularity which is at the low point over here. Hopefully, it will improve.
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