Topic: What is big problem in using of bitcoin - page 26. (Read 38684 times)
in my country its hard to explain people about bitcoin they do not belive any of my words they are just like slaves of government and banks they don't belive that there can be something beside them
Really annoying to see some problems and concerns here about bitcoin's price fluctuation.
It's that really a problem to you? Can you open your mind that without price fluctuation you can't expect a price increase that will give you a profit for long term. Ups and down are normal and it's a must that price decrease should also happen so that we aren't force to buy at our considered high price.
It's that really a problem to you? Can you open your mind that without price fluctuation you can't expect a price increase that will give you a profit for long term. Ups and down are normal and it's a must that price decrease should also happen so that we aren't force to buy at our considered high price.
one big problem i see is there is no trust and honesty...with some of the btc sites...some are just scammers....why some are true....price fluctuation is another problem and btc not recognize yet globally..
You can do research first before join or invest on some bitcoin site, by find some information or their thread on this forum, i usually check their thread before joining, just looking for any negative feedback or positive,but the most important is just dont invest on cloudmining or any ponzi siteEven if its cloud mining or any other investment sites its really difficult to trust anyone in the online world as most of them are frauds and will scam you in long run.
one big problem i see is there is no trust and honesty...with some of the btc sites...some are just scammers....why some are true....price fluctuation is another problem and btc not recognize yet globally..
You can do research first before join or invest on some bitcoin site, by find some information or their thread on this forum, i usually check their thread before joining, just looking for any negative feedback or positive,but the most important is just dont invest on cloudmining or any ponzi siteone big problem i see is there is no trust and honesty...with some of the btc sites...some are just scammers....why some are true....price fluctuation is another problem and btc not recognize yet globally..
You can do research first before join or invest on some bitcoin site, by find some information or their thread on this forum, i usually check their thread before joining, just looking for any negative feedback or positive,but the most important is just dont invest on cloudmining or any ponzi site Very unstable price is the main btc problem for me. I would like if btc price only go up 
That is not a problem because it is a crypto currency and don't expect that it is going to be a problem because it is one of the characteristic of bitcoin. I think there is no big problem at all as most of the problems are just light and I don't find it very big as it is still giving me convenience as I am using bitcoin daily in my life.
Yeah, indeed it is not a problem for us. Because the increase or decrease in prices is bound to happen. from the unstable prices, we can get extraordinary things, especially on decreasing bitcoin. Because when prices drop bitcoin can we get tremendous advantage and can get a bitcoin with larger quantities when prices are high rise bitcoin
Very unstable price is the main btc problem for me. I would like if btc price only go up
That is not a problem because it is a crypto currency and don't expect that it is going to be a problem because it is one of the characteristic of bitcoin. I think there is no big problem at all as most of the problems are just light and I don't find it very big as it is still giving me convenience as I am using bitcoin daily in my life.
Very unstable price is the main btc problem for me. I would like if btc price only go up
I cannot think of a big problem in using bitcoins. Maybe the value of it always goes down or goes up it always like that, it is unstable. Sometimes it is hard to think of if you should buy some or encash your bitcoin from your wallet since there is no guarantee about its price. Aside from the price nothing more cause transfering and sending money is very much okay.
It's not because you can think your needs are now met by a bitcoin always and you get no harm when using bitcoin. It is always felt by all users of the bitcoin and they all almost says what you are doing. So the place is very good bitcoin and very profitable
I cannot think of a big problem in using bitcoins. Maybe the value of it always goes down or goes up it always like that, it is unstable. Sometimes it is hard to think of if you should buy some or encash your bitcoin from your wallet since there is no guarantee about its price. Aside from the price nothing more cause transfering and sending money is very much okay.
one big problem i see is there is no trust and honesty...with some of the btc sites...some are just scammers....why some are true....price fluctuation is another problem and btc not recognize yet globally..
I agree with the fact there is no trust and honesty in the system. When it comes to bitcoin, there are not enough people using it to make it a norm in society. Because of this, it makes it hard to spend it in public. Then you have the scammers who are always setting up scam investment sites in which there is no one policing them. Start up a USD scam site like some of these bitcoin investment sites and see how long it takes for the FBI to come knocking at your door! what problem do you have in bitcoin.
Fluctuation is the main killer for bitcoin going mainstream. A daily swing of Thousand dollars would cause business to start and collapse daily
thats why business use bitpay etc. All we need is small fluctuations when bitcoin goes mainstream. The only way bitcoin can take over is fiat dies or if fiat is around businesses would be hesitant to store profits in bitcoin.I don't think that fluctuation is the main killer for bitcoin. As far as I can see fluctuation is just a normal process for Bitcoin. For so many years from 2009 up to now the fluctuation still moving, does it kills bitcoin? of course not! why? It is because there are more community has being established now than before.
it doesn't kill bitcoin, and it is not even a big deal with bitcoin.
but it is a problem nonetheless. and the only effect it can have in my opinion is that people will think twice before wanting to buy and hold bitcoin to use it as a currency because of the possibility of price drop.
I believe it is the number of places where you can use it as a currency, there is still a relatively low number of options to do so. But I understand that it takes time for the ecosystem to develop.
price fluctuation issue.... is really affecting btc.
what problem do you have in bitcoin.
Fluctuation is the main killer for bitcoin going mainstream. A daily swing of Thousand dollars would cause business to start and collapse daily
thats why business use bitpay etc. All we need is small fluctuations when bitcoin goes mainstream. The only way bitcoin can take over is fiat dies or if fiat is around businesses would be hesitant to store profits in bitcoin.I don't think that fluctuation is the main killer for bitcoin. As far as I can see fluctuation is just a normal process for Bitcoin. For so many years from 2009 up to now the fluctuation still moving, does it kills bitcoin? of course not! why? It is because there are more community has being established now than before.
Biggest problem in using BTC atm seems the high volatility of their price.
one big problem i see is there is no trust and honesty...with some of the btc sites...some are just scammers....why some are true....price fluctuation is another problem and btc not recognize yet globally..
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My problem is that a large fee for bitcoin transfer to my bank account, in other words I sell bitcoin and accept my country currency. too expensive withdraw these are my problem. Thank you
if this is your problem, then i would suggest you to find localbitcoin around you or maybe you have a friend that accept for selling and buying bitcoin in your country currency, and this is what i do with my bitcoin and so far, i am very satisfy with this. i can help my friend and he helping me to withdraw my bitcoin.
and its sad if there are only a few store online that will accepted bitcoin as their payment. but i am sure that in future, bitcoin will be accepted by the most store online and offline so we don't have carrying credit card, debit card, or money, just our wallet and paid with our balance in our wallet.
I now rarely have problems with gambling and still current. But last month I've experienced problems during the delivery of my bitcoin retained over many days. It was very disturbing to me but now it does not run into that problem. Perhaps besides many scam sites that exist in bitcoin very disturbing so can not freely to choose a site.
the value of bitcoin depends on it supply and demand. there is no stable price for it. aside from that, the creator of bitcoin is still unknown. we cannot prove if it is really Satoshi Nakamoto. Aside from that, bitcoin is not known worldwide and still not acceptable in some countries.
I don't see how this will affect people in using Bitcoin. That being said, why would you want prove that Satoshi is really Satoshi?
of course, if you don't know those things, it only means that the security of it is really low. and i think that is one of the main reason or problem why bitcoin is not fully accepted by some countries worldwide!
I don't see any connection. Can you enlightened me?
And no that isn't one of the main reason why bitcoin is not accepted by some countries. That is out of the context and concerns.
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