Topic: What Frustrates You Most When Using Bitcoin? (Read 7779 times)
Nothing annoys me now. But last year, bitcoin was very volatile. And it worried me a lot. Especially when I was selling bitcoin, and the next day its price went up.
the info I know will have many advantages. really? serious? 
I don't really appreciate bitcoin's volatility. Yes, I understand that this is inevitable, but it upsets me, as the price is recovering for a very long time. It seems to me that now this is the main disadvantage of bitcoin as a currency.
I don't use bitcoin as a currency yet. It is for me only as a means of investment. And in this regard, it suits me completely and does not create any problems for me to use.
I am very upset that the authorities of the country in which I live are going to impose mandatory taxes on the income received from the cryptocurrency trade. It upsets me the most.
The trasnfer FEE!!!
i am not a big money guy.
i do transfer sometimes some bitcoins to other people or exchange.
BTC fee of transfer is really a low amount if you are sending big value.
but it is expensive for small amounts.
i am not a big money guy.
i do transfer sometimes some bitcoins to other people or exchange.
BTC fee of transfer is really a low amount if you are sending big value.
but it is expensive for small amounts.
Most of all I like the fact that bitcoin is not accepted in my country. Therefore, I have to use special services to bypass this ban. I'm really waiting for bitcoin to be completely legal all over the world.
So far I have not experienced any problems and annoyances in using bitcoin, as I just buy it and keep it in my wallet.
indeed from a storage point of view, there is no problem. the problem is when the price has decreased and has put capital into automatic bitcoin the value of bitcoin savings is reduced. the market goes up and down the strategy that is used is trading to get money. What puts me off when using bitcoin is the delay in transaction confirmation.
You know, having to wait for days most at times for my transaction to be confirmed.
I think the confirmation will not be that long at this time, unless you insist on using a very cheap fee under the standard fee, of course you will receive your transaction within a few days, if you want to get a quick confirmation then use a default fee or more, then you will get fast transactionYou know, having to wait for days most at times for my transaction to be confirmed.
Yes, the amount you spent on the gas will give varying results. Filling the transaction with less would mean a slow travel. A standard gas fill gets your transaction travel time on the norms. And giving it more than the standard will get your transaction to reach its destination much faster, sort of a special 1st class travel with traffic lights all green.
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
What really bothers me is being forced to register to an exchange that requires all my personal infos. I know that bitcoin are not 100% anonymous but in this way they are 100% traceable, and I don't like, it's against bitcoin philosophy. Do you think it will it ever be fixed?
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
Do you think it will it ever be fixed?
I think the most problem when you using bitcoin is not when you buy or sell it.
It is when you use it to send your btc to other wallet address. The transaction can take your time.
This is because the blocktime of bitcoin is slow.
You have to be extremely careful to send Bitcoin to the right address otherwise you will simply lose everything. This is probably the thing that frustrates me most of all.
The sudden fluctuation in bitcoin price really frustrates me. You might be having bitcoin at valued at a certain price and the moment you make up your mind to sell, you realize that there is a dip in bitcoin value. How frustrating!!
It does not just make you frustrated, but this is happening to many people's too because they don't think that this is happening, but this is what we see right now. But I hope that you can control your emotion especially if bitcoin price is going to go down again and you can keep holding your bitcoin until the price can increased in high price. I think the fluctuating will continue in this month, but we can hope that the price can bounce up to the higher price although it's not too big.
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
Do you think it will it ever be fixed?
I think the most problem when you using bitcoin is not when you buy or sell it.
It is when you use it to send your btc to other wallet address. The transaction can take your time.
This is because the blocktime of bitcoin is slow.
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
when bitcoin prices continue to fall in a period that is a little longer than usual and the price increases little by little. yes bitcoin will return to its original state but this requires a little longer time Do you think it will it ever be fixed?
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
Do you think it will it ever be fixed?
actually it doesn't matter if you are a long-term investor because a long period of time usually has a small risk of loss, therefore the point above you mentioned will be slightly reduced, different for those of you who are short-term investors maybe this will be a big problem . I myself, a long-term investor rarely experiences problems that you mentioned above hehe
Not all countries accept it. And I lost a lot. It is frustrating to wait to be processed even to get a confirmation at least when I plan to buy some altcoins and blockchain really slowly.
I'm a bit dissatisfied that BTC does not become a currency but a holding asset. I used to be that guy who would debate BTC/Crypto whenever someone said it was a fad or bubble. It wasnt at that time (or so I felt).
BTC was supposed to be a currency and that was it's value. Most people I see today are using it as an investment vehicle, which is not what it is. Hence, when people realize this sooner or later, the market might crash because it is not what they think it is.
BTC was supposed to be a currency and that was it's value. Most people I see today are using it as an investment vehicle, which is not what it is. Hence, when people realize this sooner or later, the market might crash because it is not what they think it is.
For me, the most annoying thing I face every time I buy bitcoin is KYC and AML procedures. The procedure KYC and AML on the Bitcoin exchanges take a lot of time. When I went to the exchange and bought, I found the whole KYC and AML process too complicated.
For me, whenever I am seeing people screaming when the market gets complicated too, whenever the market becomes down due to somethings, and they can't even control it, that is why for me it really frustrates me because they used to be like that without realizing and searching for a possible reason.
The sudden fluctuation in bitcoin price really frustrates me. You might be having bitcoin at valued at a certain price and the moment you make up your mind to sell, you realize that there is a dip in bitcoin value. How frustrating!!
What puts me off when using bitcoin is the delay in transaction confirmation.
You know, having to wait for days most at times for my transaction to be confirmed.
I think the confirmation will not be that long at this time, unless you insist on using a very cheap fee under the standard fee, of course you will receive your transaction within a few days, if you want to get a quick confirmation then use a default fee or more, then you will get fast transactionYou know, having to wait for days most at times for my transaction to be confirmed.
Jump to: