What do you hate about Bitcoin ? - page 6.

Senor.Bla

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Quote from: BitHodler on September 10, 2016, 03:56:44 PM

Quote from: inck on September 10, 2016, 01:50:09 PM

Bitcoin needs shorter block times. I can't count how often I paid with btc and had to wait up to an hour until the payment was processed. If I use PayPal I can have instant payment. Big problem for a currency.

It rarely happens that you have to wait an hour for blocks the be found and thus get your transaction included in that block.

You have to look at the transaction size and add an appropriate fee to make pools include your transaction so it gets a quick confirmation. If you don't do that, then pools will ignore your transactions.

Some times certain transactions need several confirmations in order to be accepted by BitPay or other payment services. That's also something to consider.

i think this might be a psychological problem. since the fee is fixed on paypal and with bitcoin we have to choose. so even if we pay less fees with bitcoin it feels like a burden.
and the instant payment is not possible with bitcoin, but a couple of minutes wont kill you and you will be glade to wait once you get scammed with paypal. but yes i understand why you find it annoying.

BitHodler

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Quote from: inck on September 10, 2016, 01:50:09 PM

Bitcoin needs shorter block times. I can't count how often I paid with btc and had to wait up to an hour until the payment was processed. If I use PayPal I can have instant payment. Big problem for a currency.

It rarely happens that you have to wait an hour for blocks the be found and thus get your transaction included in that block.

You have to look at the transaction size and add an appropriate fee to make pools include your transaction so it gets a quick confirmation. If you don't do that, then pools will ignore your transactions.

Some times certain transactions need several confirmations in order to be accepted by BitPay or other payment services. That's also something to consider.

Senor.Bla

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Quote from: MWesterweele on September 10, 2016, 01:55:25 PM

Quote from: Mvaporis1961 on June 13, 2016, 11:18:28 PM

I think the only two things that i hate about bitcoins are slow confirmation and the price of bitcoin that is continue rising because i can't afford bitcoin now because it's too expensive for me lol.

Thats normal because we dont pay fees for transaction we made everyday depends on what we are going to so if we are deposit in gambling or what so ever the rising price of bitcoin is the most i love and the good news for me its okay if you cant afford bitcoin at least you have already and keep on earning lemao

i guess once offchain applications will become daily business the confirmation time and fees will go down. but do not mix up the rising or high price with the value. not buying no because of the price means you think it will drop. so go short and buy even more back.

DimidoffVany

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I see bitcoin for me as a means to an end. This profit. And hate bitcoin for me nothing. Only the person who started with no experience of doing business in the field of bitcoin will blame itself if it loses money.

MWesterweele

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Quote from: Mvaporis1961 on June 13, 2016, 11:18:28 PM

I think the only two things that i hate about bitcoins are slow confirmation and the price of bitcoin that is continue rising because i can't afford bitcoin now because it's too expensive for me lol.

Thats normal because we dont pay fees for transaction we made everyday depends on what we are going to so if we are deposit in gambling or what so ever the rising price of bitcoin is the most i love and the good news for me its okay if you cant afford bitcoin at least you have already and keep on earning lemao

inck

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Bitcoin needs shorter block times. I can't count how often I paid with btc and had to wait up to an hour until the payment was processed. If I use PayPal I can have instant payment. Big problem for a currency.

sabbirshm

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Bitcoin is not consider as a payment method in my country no shop accept bitcoin. I can't use my bitcoin anywhere. Also, bitcoins transactions fee is quiet high.

gerXhonza

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Quote from: Xester on September 10, 2016, 12:50:11 PM

Its unstable price. It is such hard to predict when should I sell my bitcoin since its price fluctuates. Another thing is the fee when you exchange it into fiat currency. That is all, everything else is perfect.

Yeah I exchange my bitcoins to my local currency from localbitcoins and they charge 2% transaction fees which is quiet high, as if you are dealing in higher amount then it will be very expensive.

Xester

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Its unstable price. It is such hard to predict when should I sell my bitcoin since its price fluctuates. Another thing is the fee when you exchange it into fiat currency. That is all, everything else is perfect.

tygeade

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Quote from: arimamib on September 10, 2016, 10:23:17 AM

I hate her rate of bitcoin is unstable sometimes makes me suffer losses.. Cry

It will give you losses only if you sell your coins at the wrong time, if you can have patience and hold your coins tight then there is no reason that you will suffer losses from it.

arimamib

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Leading Crypto Sports Betting & Casino Platform

I hate her rate of bitcoin is unstable sometimes makes me suffer losses.. Cry

btccashacc

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Quote from: tulipbubble on August 11, 2016, 12:30:14 AM

Slow tx speed, it is not smooth sometimes, we usually need 3 confs in exchanges, too painful and slow.

if you want to increase your tx speed then increase the fee, they miner would prioritize bitcoin transaction with higher fee/kb first in order to maximize the use of their block space. sometimes i need to increase my fee also in order to get fast confirmation, simply higher the transaction fees you provide the faster the confirmation you get. so far i'm very statisfied with recommended fees right now.

naidray

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Quote from: sulendra12 on August 10, 2016, 08:31:38 PM

Quote from: SvenBomvolen on August 10, 2016, 07:56:43 PM

There is nothing I hate about bitcoins. I don't know is there something I can hate, currency like any other. Many don't like to wait for transactions, well I don't mind that, I have patience to wait for that to complete.
Bitcoins are good as they are now, I wouldn't change anything. I think over time everything is going to be fixed and transactions will be much faster. Normally there is problems with bitcoins, but every currency have some flaws. I don't think those flaws are so big that I can say that I hate bitcoins for that, simply I like bitcoin in this current shape.

Since bitcoin is just the money like the other currencies , everyone like money (also me too) .
But i think why people still hate bitcoin , because bitcoin is digital currency you can't hold it unlike physical currency (flat currency)
Or they got scammed with internet investment , and stay away about internet money making so automatically they also hate bitcoin.

Well I have the same idea too, maybe it’s just because some people who put all their money in some investment sites or gambling sites but then got scammed and all they had was gone, they began to lose hope in bitcoin and suddenly hated it for no proper reasons. Or maybe they don’t have enough patient and they can’t use bitcoin like other currencies so they just give up on it.

tulipbubble

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Slow tx speed, it is not smooth sometimes, we usually need 3 confs in exchanges, too painful and slow.

olivertechy74

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the Most Thing I Hate About Bitcoin that I can't Earn Them Sad

I Only Purchase Bitcoin To Use it

avikz

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I love everything about bitcoin and hate nothing about it. Bitcoin is a super power and it has a potential to make few of your dreams come true. I hate many other altcoins. Due to the huge number of altcoins bitcoin is not getting required investment which could have helped bitcoin to go in to 2k USD territory.

If possible stop using useless altcoins and start investing in bitcoin so that the market cap increases and we can see a huge price rise.

noictib

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One of the world's leading Bitcoin-powered casinos

i am also small hate the bitcoins because of the process of confirmation of payment which shows the relay of payment .
i think the option of confirmation should be removed

madwica

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There is no thing to be hate in bitcoin because i do not have experience bad things in bitcoin in every transaction i made, i thing we hate the investment site who are scammer but bitcoin it self it is great service.

iv4n

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I never thought about what I don't like or what I hate about bitcoins. Maybe I hate myself cause I didn't notice bitcoins earlier, that is only thing I regret when we speak about bitcoins. Bitcoins helped me in so many ways and I like idea around bitcoin, that is what attract me to come back all the time. There is nothing I hate about btc, I love it. And I hope it will last forever!
And minor problems are just minor, like OP said " nothing is perfect".

poplolnman

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Quote from: asriloni on August 10, 2016, 08:16:24 PM

Quote from: Farma on August 10, 2016, 06:10:39 PM

Quote from: BitMaxz on August 10, 2016, 04:57:09 PM

Quote from: dragunfly on August 10, 2016, 04:43:28 PM

i dont hate anything about bitcoins it is a perfect currency for me to be honest

Well for me its still not a perfect currency they are have no some feature that i want from paypal that will happen in bitcoin.
One of i want to add in bitcoin is reverse payment with costumer support if they can start a case to someone who not giving a good service or product..
This is i think the one that i want in bitcoin to add feature.. so that we dont need escrow for dealing some also we can use it also outside..

for me bitcoin transaction is an excellent tool, it's even better than paypal. although still not perfect, bitcoin has had a very high price compared to paypal, other than that owned bitcoin transactions are also faster than paypal. I do not hate any of bitcoin, and I think those who hate it are people who never lose in use bitcoin

What do you mean "bitcoin has had a very high price compared to PayPal"? and from what you can measures the PayPal from the price if the PayPal is just international wallets provider. I can say that's not a logic for me.

lol even paypal is not a currency , paypal have no value. and both bitcoin and paypal are actually couldn't be compared. it's just a wrong understanding for me. however people hard to explain what bitcoin it is to public/common people make it's one of hated thing about bitcoin. yeah a hard way to explain in detail about bitcoin until they are 100% understand.

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