Topic: What do you think is holding bitcoin back? - page 2. (Read 260 times)
The various government and banks and their owners are the one using journalist to hold back the worldwide acceptance of Bitcoin. The government is not comfortable with the decentralized nature of bitcoin because Bitcoin is not in their control.
Blocksize and the associated high fees.
I feel that it is the fuds that is holding Bitcoin from growing. It really discourage the new users from entering crypto and scared some weak hands to give up.
I've always thought that a good question to ask the community that loves Bitcoin (and all things crypto) would be that what do they think are the faults in Bitcoin. What do you see holding bitcoin back from thriving, what do you see as the core problems facing it.
I think that'll be good and educational for all that are involved.
I think that'll be good and educational for all that are involved.
Actual core problem of finding the dump is because of fake negative news shared on the various new sites in the world. That should be washed out from here in anywhere in the forum. If you find the people keep trolling about the crypto currencies. Please report them to moderator to trash the thread out of the forum. We need a healthy forum which have complete positive move from the investors.
Holding bitcoins will be always good as a investment.
At the moment it is the action of governments banning use of exchanges or buying bitcoin and banks stopping users using credit cards to buy bitcoin.
According to me, Bitcoin has many flaws. Some major flaws will be Bitcoin cannot beat the physical paper note till now, let's accept the fact physical currency does not take any time to transact from one user to another does not charge any fees during the process. But on the other hand Bitcoin which is much more secure does take some amount of transaction fees and user have to wait sometimes enough to get confirmation. Bitcoins price is volatile so many people have put their lives at risk in this Bitcoin gambling game. I think if you use Bitcoin to educate yourself from anywhere then Bitcoin is much more profitable than anything else if you use Bitcoin only for profit then it is sure that you are going to get some kind of loss.
I'll go out on a limb and say the biggest obstacle to bitcoin mass adoption is the media which unfairly portrays crypto currencies with an unjustified negative slant. There's not much accurate or objective analysis of bitcoin in the mainstream media. The only things people hear are that its used by criminals and bad as its money created out of thin air, lacking intrinsic value.
I think if bitcoin had been introduced 10 years earlier, when journalistic integrity was at a higher level than it is now, we would see a more open minded public willing to consider the alternate point of view crypto currencies provide in terms of economic and financial analysis. Also we might see a better informed public, in a better position to understand the issues surrounding crypto without being as heavily subjected to agenda based rhetoric.
I think if bitcoin had been introduced 10 years earlier, when journalistic integrity was at a higher level than it is now, we would see a more open minded public willing to consider the alternate point of view crypto currencies provide in terms of economic and financial analysis. Also we might see a better informed public, in a better position to understand the issues surrounding crypto without being as heavily subjected to agenda based rhetoric.
I've always thought that a good question to ask the community that loves Bitcoin (and all things crypto) would be that what do they think are the faults in Bitcoin. What do you see holding bitcoin back from thriving, what do you see as the core problems facing it.
I think that'll be good and educational for all that are involved.
I think that'll be good and educational for all that are involved.
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