Topic: What is big problem in using of bitcoin - page 28. (Read 38684 times)
transaction time and its popularity is the main cause why people don't use bitcoin and also because of the false rummers like it is used by terorists only
Nothing , because bitcoin is really going ahead with smoothly and maximum adopt the bitcoin and using bitcoin easily for online shopping with faster transaction and bitcoin is very useful than other crypto currency.
Most of the community nowadays, the problem's they encounter most often is the "confirmation" base on what I read most of the time.
But for me delaying the confirmation is not a big problem issue, Because before end of the day maximum 2 or 3days their transaction about bitcoin will be release.
They want an instant confirmation time as soon as they clicked the send button so in these, they are taking the normal thing into high mode of problem priority which is really not appropriate in the first place.
what problem do you have in bitcoin.
Since I started to join in bitcoin world, for every bad things happen to me here I never took it as a problem, instead I took it as a challenge. Of coursse I found out that bitcoin is a virtual money so obviously you will really encounter problems. So the better way for us is prepare for every negative will happen to you here and continue to explore our knowledge in bitcoin world.
what problem do you have in bitcoin.
Since I started to join in bitcoin world, for every bad things happen to me here I never took it as a problem, instead I took it as a challenge. Of coursse I found out that bitcoin is a virtual money so obviously you will really encounter problems. So the better way for us is prepare for every negative will happen to you here and continue to explore our knowledge in bitcoin world.
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.
True that for later you face a problem here just like the other's encountered and could be happen to you too, but I suggest you to become more patient about the confirmation it will took a long hours to wait before you receive the confirmation, but its really normal it having a net connection problem.
what problem do you have in bitcoin.
Most of the community nowadays, the problem's they encounter most often is the "confirmation" base on what I read most of the time.
But for me delaying the confirmation is not a big problem issue, Because before end of the day maximum 2 or 3days their transaction about bitcoin will be release.
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...
You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
However, you have to be a good trader to take advantage of the volatile price. Over 50% of the traders will lose as it is negative sum game.
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...
You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
bitcoin network is anonymous even we do not even require our namesto open a bitcoin wallet account so it is a main problem where many bad intensioned users join this network and try to scam others by some dangerous actions like blackmailing or hacking
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...
You are right about it is not accepted globally but i dont agree with you on the second point you mentioned that unstable price of bitcoin is a problem and someone can lose all bitcoin if not careful, but i dont think anyone would lose any bitcoin because of unstable price because if you are using bitcoin everyday then you will always know the price as it does not just jump from $600 to $0, you will always have time to sell your coins.
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...
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.
Fluctuation is not something that any bitcoin user would say is a problem because that is the reason why people earn profits through so how that can be a problem, maybe transactions take a little long sometimes but that is really not a big problem i guess.
yeah more precisely at this time is a big problem of bitcoin transactions that sometimes takes a long time and I think the price fluctuation is not a major problem, but this is a big advantage if you can utilize.
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.
Fluctuation is not something that any bitcoin user would say is a problem because that is the reason why people earn profits through so how that can be a problem, maybe transactions take a little long sometimes but that is really not a big problem i guess.
Yeah it is true. Invesotors see this king of feature of bitcoin as beautiful because it enable them to have profit in short to medium range of time. The only problem with bitcoin is that, their confirmation sometime is really slow even with the proper amount of transaction fee it still confirm too sloow. Like what happen to me last week. I sent bitcoin to a site from my multibit wallet. It took me more than 3 hours before it confirm. That really is annoying.
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.
Fluctuation is not something that any bitcoin user would say is a problem because that is the reason why people earn profits through so how that can be a problem, maybe transactions take a little long sometimes but that is really not a big problem i guess.
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.
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 kind of problems can someone have with using bitcoin, only one thing fall on my mind, lack of places where we can spend this coins. But its going in good direction, can anyone notice that? Also lack of good promotion for online shopping with bitcoins. In my experience things I wanted to buy with btc was much cheaper with fiat.
I agree with people who said that price is very unstable, and that is big problem. How we can plan anything if price can fall in any moment, about going up I don't wish to say anything cause everyone like when price is rising.
I agree with people who said that price is very unstable, and that is big problem. How we can plan anything if price can fall in any moment, about going up I don't wish to say anything cause everyone like when price is rising.
I think the biggest problem for me using Bitcoin right now is the unstable price. It's just way too unstable (compared to usual currencies like EUR or CHF) for me to keep a big amount of it. I'd actually love to use Bitcoin and even getting paid in BTC but yeah.
Another problem right now is that it's not accepted everywhere but that problem would be solved if the main issue would be gone.
i think the main problem is the availability of accepting bitcoin in local shops, i think if this problem solved then the value of bitcoin will increase too much.Another problem right now is that it's not accepted everywhere but that problem would be solved if the main issue would be gone.
That will be done in future so no need to worry about that and if people will find places that accepts bitcoin then it will create an curiosity in the their minds to know about bitcoins.
I think the biggest problem for me using Bitcoin right now is the unstable price. It's just way too unstable (compared to usual currencies like EUR or CHF) for me to keep a big amount of it. I'd actually love to use Bitcoin and even getting paid in BTC but yeah.
Another problem right now is that it's not accepted everywhere but that problem would be solved if the main issue would be gone.
i think the main problem is the availability of accepting bitcoin in local shops, i think if this problem solved then the value of bitcoin will increase too much. Another problem right now is that it's not accepted everywhere but that problem would be solved if the main issue would be gone.
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