Topic: What is big problem in using of bitcoin - page 23. (Read 38684 times)
to me the begist problem in using bitcoin is the transaction coformation, some time it really take such a long time to conform.
the only problem that we are facing in bitcoin is the we have no local shops where we can use bitcoin directly for shopping.
It is amount of dark marketplaces and lack of stores that accepts them. I know only 2 local stores in my town that accepts them, and my town is pretty large so 2 is not enough for sure
You are lucky you have 2! It's my dream any store in my town accepts Bitcoin and my town is the capital of the largest country in Europe (Ukraine, yeah it's funny, just learned this yesterday
). Zero stores accepting Bitcoins is not enough for sure. Its anonymus behaviour is a advantage and a problem too.for example hd wallets in mycelium wallet they offer a new address after every transaction and some people actully find it creazy and uses a fixed address with a single private key but for some whales or who has balance over 5btc are dying for this type of security
It will always be a problem if we not enough careful. The only thing we can do is crack down on it’s illegal use or simply avoid any such scenarios. I think if they found a way to streamline the way you receive your bitcoin address it would make it make harder to use for illegal activity. Bitcoin is my opinion on privacy and trust
yeah, bitcoin is really good because it is private money of the people that are not regulated by any kind of governments or banks 
I dont have big problem with bitcoin
sometimes the confirmation is too late, but its no problem for me.
sometimes the confirmation is too late, but its no problem for me.
Its risk when im converting btc in real money
It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin
I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?
Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
Right, i also convert my fiat currency into bitcoins and most of the time, and no problem in it, thats all are trust-able, no risky in it. If we want do online investment or business and trading and something other than we should take risk and trust to others. Otherwise how can we do work on online?
It is amount of dark marketplaces and lack of stores that accepts them. I know only 2 local stores in my town that accepts them, and my town is pretty large so 2 is not enough for sure
The big problem is that you guys keep talking about the weakness of Bitcoin instead of thinking about the advantages and use it for a better purpose.
Because if we keep talking about bad things about something, then that something will keep being bad.
Because if we keep talking about bad things about something, then that something will keep being bad.
Yep, And even if that does not get bad because we discuss the bad things about it but it would surely make new people coming towards it feel that is has too much negativity and that can stop them to come to it.
Its risk when im converting btc in real money
It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin
I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?
Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
The biggest problem for me on using bitcoin is that there aren't much of a physical store that accepts bitcoins. That's just a shame and I can't spend my coins directly. I need to cash them out first before I would be able to use them.
Same ! here in our country no store as of now and that i know that accepts bitcoins but there is a store that you can buy only bitcoin but they cant accept bitcoin as payment . The value or the price of bitcoin that is unstable is not a challenge for me sometimes because that is bitcoin we accept it. The only problem is you cant spent your bitccoin directory to the stores of yu buy something.
Bitcoin is my opinion on privacy and trust
For me, the biggest problem is the fact that the confirmations are taking too long these days. This can be really bad in some situations.
well yeah to be honest in my opinion it is still too slow, i hope that in the future we will actually be able to make them way faster Its risk when im converting btc in real money
It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin
I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?
Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
The biggest problem for me on using bitcoin is that there aren't much of a physical store that accepts bitcoins. That's just a shame and I can't spend my coins directly. I need to cash them out first before I would be able to use them.
The big problem is that you guys keep talking about the weakness of Bitcoin instead of thinking about the advantages and use it for a better purpose.
Because if we keep talking about bad things about something, then that something will keep being bad.
Because if we keep talking about bad things about something, then that something will keep being bad.
Yeah bitcoin holds wide range of benefits which is helping its users in many ways so instead of pointing finger on bad sides of it we should focus on advantages that is offering us.
The big problem is that you guys keep talking about the weakness of Bitcoin instead of thinking about the advantages and use it for a better purpose.
Because if we keep talking about bad things about something, then that something will keep being bad.
Because if we keep talking about bad things about something, then that something will keep being bad.
Its anonymus behaviour is a advantage and a problem too.for example hd wallets in mycelium wallet they offer a new address after every transaction and some people actully find it creazy and uses a fixed address with a single private key but for some whales or who has balance over 5btc are dying for this type of security
For me, the biggest problem is the fact that the confirmations are taking too long these days. This can be really bad in some situations.
Its risk when im converting btc in real money
It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin
I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?
Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
Yup same here and I am from India too, and localbitcoins is the best site for us to transfer our bitcoins to our account with an ease and credits are instant too, and I don't see any difficulty in doing it.
Its risk when im converting btc in real money
It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin
I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?
Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
I think one of the biggest problem in Bitcoin is the slow transactions. Some people doesn't experience this but other people's transaction takes 1 hour or even more sometimes. If you're going to use Bitcoin to buy something in the real world. Let's say, you're going to buy an ice cream and the shop has to receive the Bitcoins first before they let you get your ice cream. You're gonna be needing to wait for a couple of minutes when you're unlucky. This analogy is applicable to all the possible real world transaction. In an instant, you can pay for your ice cream.
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