Topic: What is big problem in using of bitcoin - page 27. (Read 38684 times)
fluctuation of price in btc exchange its a problem to me too....
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
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!
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?
what problem do you have in bitcoin.
Bitcoin exchange rates with other currencies depend on supply and demand.If no one wants Bitcoins, they’re worthless.
this is not a valid problem with bitcoin, because it is a general way of how things work with every thing else which I can't even call problem. for example you can say the same thing about USD or even gold as long as people want Gold it has value but if no one wants it anymore it becomes worthless!
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.
what problem do you have in bitcoin.
Bitcoin exchange rates with other currencies depend on supply and demand.If no one wants Bitcoins, they’re worthless.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
You are absolutely right the price of bitcoin always up and down but it is can be predict by activities and also halving bitcoin. But to have knowledge for predict bitcoin you must learn fluctuations of bitcoin for a long time enough.
Fluctuation should really not be a problem for the users of bitcoin because if the price drops sometimes then it rises even more later on so if you buy today and it drops a bit tomorrow but it would grow more in coming day so that should not be considered a problem i think.
that is the reason why bitcoin is very thrilling. you can earn much by predicting the price of bitcoin. use it to trade. buy bitcoin or even other coins then sell it later when the price rises to the moon. im sure you will really earn from that.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
The big fluctuations of price is the big problem of bitcoin also for me. Price is still unstable and fortuitous events may have big impact on the price that's why only those risk takers should invest in bitcoin or those that are planning to invest long term with it because those short term investors may not be able to take the losses they have if the price suddenly drop. Risk averse investors/traders may opt to do day trading because for a short time price may still be predictable as long as there are no news that will affect the flow of the market.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
You are absolutely right the price of bitcoin always up and down but it is can be predict by activities and also halving bitcoin. But to have knowledge for predict bitcoin you must learn fluctuations of bitcoin for a long time enough.
Fluctuation should really not be a problem for the users of bitcoin because if the price drops sometimes then it rises even more later on so if you buy today and it drops a bit tomorrow but it would grow more in coming day so that should not be considered a problem i think.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
I agree with you. The price of bitcoin is always change and unpredictable, for people who want buy bitcoins will think twice before they buy bitcoin, because it's become problem if the price of goes down after someone buy bitcoins.
Well that can be good for the investors who are willing to take higher risks, for you it may not be a good thing, but for someone to buy at a few dolars cheaper and sell them for then 200% of that price is agood thing.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
I agree with you. The price of bitcoin is always change and unpredictable, for people who want buy bitcoins will think twice before they buy bitcoin, because it's become problem if the price of goes down after someone buy bitcoins.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
You are absolutely right the price of bitcoin always up and down but it is can be predict by activities and also halving bitcoin. But to have knowledge for predict bitcoin you must learn fluctuations of bitcoin for a long time enough.
what problem do you have in bitcoin.
The only problem I face when using bitcoin is that it is still not used by everyone.Whenever I am required to send payment to someone I hesitantly ask if he accept payment with bitcoin and almost 80% of time they deny
what problem do you have in bitcoin.
So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too.
what problem do you have in bitcoin.
The only problem I face when using bitcoin is that it is still not used by everyone.Whenever I am required to send payment to someone I hesitantly ask if he accept payment with bitcoin and almost 80% of time they deny
The biggest problem I see with bitcoin is that it attracts a host of bad actors....There are very few honest websites that participate in the technology. Even those who are trusted members of the community lack ethical honesty and are motivated by greed....That's just the way the technology works. They either want to scalp site visitors by spreading fud on their competitors or they use their technological knowledge to manipulate people out of their money....Bitcoin attracts dishonest people; that's it's biggest problem.
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.
I buy some then it either increases in the value or worst it decreases alot.
what problem do you have in bitcoin.
So far I've here here for less than a week only, so by now I'm not in that stage of having a problem in bitcoin. But most I read in this forum that I found problem here according to the experience of the member is the fluctuation and the confirmation transactions. Maybe later I will encounter that too.
The confirmation time is a smaller problem, with the development it will be solved sooner and the fluctuation will also be reduced with more people adoption, and without that you will not find any other problem with bitcoin , bitcoin is a very interesting currency and payment system, with more time in here you will start to love it.
Its not accepted globally, and the value price can not be predicted its up and down..price not stable. So if you are not careful you lost all of your bitcoin due to exchange and its up and down value...
yes that is a fact that there is a lot of fluctuation in the price of bitcoin which worry people to invest in bitcoin because the price of bitcoin can fell down over night and one can lose all his investment, but to me the other problem that we face in using bitcoin is that we have very little opportunities of using bitcoin in our local areas, Jump to: