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Topic: What is big problem in using of bitcoin - page 13. (Read 38667 times)

member
Activity: 113
Merit: 10
September 17, 2016, 08:26:08 AM
Problem is the lack of stores that accepts bitcoins as we can't pay in them everywhere
hero member
Activity: 924
Merit: 1000
September 17, 2016, 08:03:04 AM
what problem do you have in bitcoin.

The price Fluctuates  Cry Cry Cry

Price fluctuation cannot be treated as a problem but an opportunity to make profits, big traders takes advantage of each and every fluctuation and are making good money from it.
newbie
Activity: 5
Merit: 0
September 17, 2016, 02:50:10 AM
what problem do you have in bitcoin.

The price Fluctuates  Cry Cry Cry
sr. member
Activity: 399
Merit: 250
September 17, 2016, 02:46:52 AM
Certainly is the fact there is a  few places where people accept  the currency, and this is one of  the causes of the instability in the market.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
September 12, 2016, 10:38:35 PM
I believe the biggest problem is the time of confirmation. This is not something serious if the seller or service does not require many confirmations, but in general it is not the case these days.

Actually in my experience it's not a problem when purchasing something using bitcoin directly... I buy VPN using bitcoin and I have no problem with that transaction and I think that will be the same in other things and in the future..  Smiley
member
Activity: 84
Merit: 10
September 12, 2016, 10:30:06 PM
I believe the biggest problem is the time of confirmation. This is not something serious if the seller or service does not require many confirmations, but in general it is not the case these days.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
September 11, 2016, 09:28:11 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.
i think we have a problem and the problem is that we have no facilities of using  bitcoin in our area, here is not a sing shop who is accepting bitcoin for shopping and i think this problem must be solve in priority basis.
The solution is not much hard, if in your shops the debit cards are working then you should have to get a bitcoin debit card and have to use that for your shopping in your local shops. You can also use your local ATM for the withdrawal of bitcoin into your fiat.
yes that is right to say that we can convert bitcoin into fiat currency every using our local ATM machines but the feeling of using bitcoin directly in the market is some thing more that he converting it in to local currency.


Well the fact today in our days that there are only few stores and merchants that do accept bitcoin directly with payment. That is the one big problem of bitcoin the adoption itself. It needs that in your location must have a big adoption that is going to happen. Because that is really the process that you are going to do if you want to use your bitcoin, convert it to fiat first.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
September 11, 2016, 09:23:07 PM
Confirmation times are the biggest issue I can see with bitcoin right now, and that's not just for me but that's probably a huge issue for a lot of people. I know that for a lot of physical shops and so they wouldn't be interested in waiting a long time to get a transaction though, and a lot of people wouldn't want to wait either.

If the block size is higher, the confirmation will be within 1 to 2 blocks. That will be very good for the confirmation.

the problem is the core comunity not agree tio change the "first code" from satoshi, so the block size problem will be continue until satoshi change it Roll Eyes
full member
Activity: 196
Merit: 100
September 11, 2016, 04:01:25 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.
i think we have a problem and the problem is that we have no facilities of using  bitcoin in our area, here is not a sing shop who is accepting bitcoin for shopping and i think this problem must be solve in priority basis.
The solution is not much hard, if in your shops the debit cards are working then you should have to get a bitcoin debit card and have to use that for your shopping in your local shops. You can also use your local ATM for the withdrawal of bitcoin into your fiat.
yes that is right to say that we can convert bitcoin into fiat currency every using our local ATM machines but the feeling of using bitcoin directly in the market is some thing more that he converting it in to local currency.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
September 11, 2016, 03:42:03 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.
i think we have a problem and the problem is that we have no facilities of using  bitcoin in our area, here is not a sing shop who is accepting bitcoin for shopping and i think this problem must be solve in priority basis.
The solution is not much hard, if in your shops the debit cards are working then you should have to get a bitcoin debit card and have to use that for your shopping in your local shops. You can also use your local ATM for the withdrawal of bitcoin into your fiat.
full member
Activity: 196
Merit: 100
September 11, 2016, 02:59:20 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.
i think we have a problem and the problem is that we have no facilities of using  bitcoin in our area, here is not a sing shop who is accepting bitcoin for shopping and i think this problem must be solve in priority basis.
hero member
Activity: 756
Merit: 500
September 11, 2016, 01:58:10 PM
Confirmation times are the biggest issue I can see with bitcoin right now, and that's not just for me but that's probably a huge issue for a lot of people. I know that for a lot of physical shops and so they wouldn't be interested in waiting a long time to get a transaction though, and a lot of people wouldn't want to wait either.
you can trick the confirmation times with a little higher fee though, because lot of people using the standard fee.
or you can try the other wallet service like xapo that covering your transaction fee and it's fast
newbie
Activity: 66
Merit: 0
September 11, 2016, 01:29:40 PM
Confirmation times are the biggest issue I can see with bitcoin right now, and that's not just for me but that's probably a huge issue for a lot of people. I know that for a lot of physical shops and so they wouldn't be interested in waiting a long time to get a transaction though, and a lot of people wouldn't want to wait either.

If the block size is higher, the confirmation will be within 1 to 2 blocks. That will be very good for the confirmation.
hero member
Activity: 490
Merit: 520
September 11, 2016, 01:25:02 PM
Confirmation times are the biggest issue I can see with bitcoin right now, and that's not just for me but that's probably a huge issue for a lot of people. I know that for a lot of physical shops and so they wouldn't be interested in waiting a long time to get a transaction though, and a lot of people wouldn't want to wait either.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
September 11, 2016, 01:22:51 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.

Well me either I am not experiencing any problems regarding the transactions that I am having with blockchain or bitcoin network.

Some here are saying that they are getting at least a day before they are going to get confirmed by the network.

But with me, I haven't experienced that. It is only taking few minutes with my transactions to get confirmed.
hero member
Activity: 756
Merit: 500
September 11, 2016, 01:06:28 PM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.

The question is as if we have any problems using it recently or not? And answer for that would probably be a no as there isn't any problems, so if any technical problems occur in coming time then that is another thing.
hero member
Activity: 2534
Merit: 586
September 11, 2016, 01:00:59 PM
if you have no problem,then no problem but i have problem that is how to change bitcoin address it is my biggest problem any one can solve this.
thanx in advanvce if u solved my problem.

First let me answer you first question. The only problem about BTC is that it changes it's range or currency but no one knows when. But I recommend you to save your BTC cause you know it might hit a high rate someday. Second, if your problem is changing your BTC address, you can create another wallet account so that you can have another BTC address. Then go to your profile, click forums profile information. You can see a box there for your BTC address then you just need to replace your old BTC address of your new one then save it and you're done.
That was a complex answer.
Simple answer is that you can use a vanity generator address. The more custom address, the harder and the longer the time it takes to get that.
Other than this, blockchain.info has options to name your bitcoin addresses and Xapo allows to transact within Xapo using email IDs.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
September 11, 2016, 11:16:24 AM
I don't found a big problem when using bitcoins, As me long Knowing bitcoins, then so far now. Realy have not big problem for using bitcoins, All doing good with algorithm clear and transparent.


Me too I don't see any problems so far with bitcoin. I think the system and algorithm of bitcoins is perfect for me. But in reality, there is really no perfect system, in the end we will going to experience some problems as the time goes by technology innovates. But I guess the devs of it are just going to do something with it easily.
legendary
Activity: 1134
Merit: 1598
September 11, 2016, 11:05:48 AM
what problem do you have in bitcoin.
The biggest problem with my bitcoin happened then when I got the chance to gamble. I lost everything, because he was very sure of himself. That now I'm not allowed. Although it was my fault and not bitcoin. But the fact remains that my problem.
That was happened with me too , because i have lot of bitcoin in my wallet and gamble it .
After that , i lose my bet in a second . That was my fault cuz couldn't maintain my emotion and became greedy.

I think Gambling is a great thing to invest in (to create your own) when it comes to Bitcoin. There are a LOT of gamblers and I guess most of us have tried it at least once.
full member
Activity: 187
Merit: 100
September 11, 2016, 11:02:50 AM
what problem do you have in bitcoin.
If we imagine that blockchain is a distributed database that is born as a continuously growing chain of blocks with records of all currency transactions, it is possible on this basis to answer that because of large volume blockchain, all transactions are done very slowly.
Slow transaction is not the worst. Cryptocurrency not very stable and when to invest your money in the currency and to keep them for a while, for example, even a year or two years, then because of the fact that prices always fluctuate, you can lose everything.
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