Topic: What is big problem in using of bitcoin - page 35. (Read 38684 times)
the unstable prices are my main problem with bitcoin. but it does not always work against me because the prices goes up and down. and I think the price won't be stable soon at all
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
Yes if you include enough fees then I don't think there will be delay in confirmation time, and that is not a major problem for me, as overall I am very much satisfied with the features of bitcoin.
In bitcoin, volume and volatility may continue to drop sometimes but it doesn't mean that it will continue the same always, patience is the main factor you need at this moment.
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It's hard indeed which is why merchants but also consumers are very scared.
They should be though because you sell something today for 100 dollar, and tomorrow you are left with 80 dollar...
I think the biggest problem in bitcoin is that very hard to pay directly to any merchant to buy some stuff, there are so complications to use it as normal fiat currency and that is why I think it will take very long to go to the moon when we will be able to use it like normal currency.
It's hard indeed which is why merchants but also consumers are very scared.
They should be though because you sell something today for 100 dollar, and tomorrow you are left with 80 dollar...
The only problem i think is some times it takes a lot of time for the transaction to get confirmed in blockchain.Despite that bitcoin is the best.And if we pay the recommended fee then we dont have to face this problem as well.
Time and the amount of criminals seems to be getting the most of people's attention, i am surprised people don't mention the lack of usability.
Most shops still don't accept bitcoin...
I think the biggest problem in bitcoin is that very hard to pay directly to any merchant to buy some stuff, there are so complications to use it as normal fiat currency and that is why I think it will take very long to go to the moon when we will be able to use it like normal currency.
The only problem i think is some times it takes a lot of time for the transaction to get confirmed in blockchain.Despite that bitcoin is the best.And if we pay the recommended fee then we dont have to face this problem as well.
Time and the amount of criminals seems to be getting the most of people's attention, i am surprised people don't mention the lack of usability.
Most shops still don't accept bitcoin...
The biggest problem i would see in using it,is using BTC for illegal acivities,like money laundering,drug dealing and other crimes.
In fact,the big problem is also that there are so many scammers in the btc network.It is caused because the btc currency is anonymous and it is not so hard to scam someone who is naive.
People just use this to make unfair profit.
In fact,the big problem is also that there are so many scammers in the btc network.It is caused because the btc currency is anonymous and it is not so hard to scam someone who is naive.
People just use this to make unfair profit.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
Yes if you include enough fees then I don't think there will be delay in confirmation time, and that is not a major problem for me, as overall I am very much satisfied with the features of bitcoin.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
Yes if you include enough fees then I don't think there will be delay in confirmation time, and that is not a major problem for me, as overall I am very much satisfied with the features of bitcoin.
what problem do you have in bitcoin.
Nothing much , IMO We just need bigger blocks to go mainstream and with going mainstream the price will increase logically ... also more anonymity won't hurt (Hopefully developpement of Darkwallet will finish) .
admited;
Quote from: Gavin Andersen at http://gavinandresen.ninja/it-must-be-done-but-is-not-a-panacea
Scheduling an increase to the maximum block size now is a s
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
Bitcoin isn't backed by any kind of big corporation, and this is why it has slow development, along with the consensus-first policy.
However, bitcoin needs an industry-grade developer team to catch up with consumer needs.
Many proposals aim to improve scalability, like Lightning Network, but they are way too far from implementation stages. So a block increase is required and as there are infinite ways to increase the limit, there are infinite many different opinions, making consensus almost infeasible.
So don't tell me bitcoin doesn't have it's issues. If you think it doesn't, you can freely buy some "incredibly cheap coins" at 220$ per coin right now.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
Yes if you include enough fees then I don't think there will be delay in confirmation time, and that is not a major problem for me, as overall I am very much satisfied with the features of bitcoin.
what problem do you have in bitcoin.
Nothing much , IMO We just need bigger blocks to go mainstream and with going mainstream the price will increase logically ... also more anonymity won't hurt (Hopefully developpement of Darkwallet will finish) .
admited;
Quote from: Gavin Andersen at http://gavinandresen.ninja/it-must-be-done-but-is-not-a-panacea
Scheduling an increase to the maximum block size now is a s
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
Bitcoin isn't backed by any kind of big corporation, and this is why it has slow development, along with the consensus-first policy.
However, bitcoin needs an industry-grade developer team to catch up with consumer needs.
Many proposals aim to improve scalability, like Lightning Network, but they are way too far from implementation stages. So a block increase is required and as there are infinite ways to increase the limit, there are infinite many different opinions, making consensus almost infeasible.
So don't tell me bitcoin doesn't have it's issues. If you think it doesn't, you can freely buy some "incredibly cheap coins" at 220$ per coin right now.
Gambling websites are now getting more popular with the bitcoin than ever before.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
Yes if you include enough fees then I don't think there will be delay in confirmation time, and that is not a major problem for me, as overall I am very much satisfied with the features of bitcoin.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
The confirmations, at least the first goes quite fast (within 10 minutes usually), so speed or confirming is not a real problem. What is a real problem that even the pc wallet is to hard to understand for average people. Understand and secure it, I mean.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
the important thing is the transaction itself which should reach you immediately and without any hesitation and many businesses are ok with it too. and the confirmation is fast most of the time if you include enough fees with it.
The only problem i think is some times it takes a lot of time for the transaction to get confirmed in blockchain.Despite that bitcoin is the best.And if we pay the recommended fee then we dont have to face this problem as well.
I guess you're right. bitcoin does have very many advantages of the other patment like PayPal, but I guess at the speed of transactions in blockchain, we had to wait to get confirmation, it was quite a long time. however I think it is not a problem, because if bitcoin that already exists in your wallet, you only need to wait 1 confirmation in order to use For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
The only problem i think is some times it takes a lot of time for the transaction to get confirmed in blockchain.Despite that bitcoin is the best.And if we pay the recommended fee then we dont have to face this problem as well.
For me its just the bitcoin transaction confirmation is the only problem in bitcoin as far as i discover now
I think if you were a man whose patient, the problem was not too big, but I see most users are not the patient type. so it seems this problem should be quickly solved
what problem do you have in bitcoin.
Nothing much , IMO We just need bigger blocks to go mainstream and with going mainstream the price will increase logically ... also more anonymity won't hurt (Hopefully developpement of Darkwallet will finish) .
admited;
Quote from: Gavin Andersen at http://gavinandresen.ninja/it-must-be-done-but-is-not-a-panacea
Scheduling an increase to the maximum block size now is a s
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
hort-term, “kick the can down the road” fix. It is ugly, but necessary.
Bitcoin isn't backed by any kind of big corporation, and this is why it has slow development, along with the consensus-first policy.
However, bitcoin needs an industry-grade developer team to catch up with consumer needs.
Many proposals aim to improve scalability, like Lightning Network, but they are way too far from implementation stages. So a block increase is required and as there are infinite ways to increase the limit, there are infinite many different opinions, making consensus almost infeasible.
So don't tell me bitcoin doesn't have it's issues. If you think it doesn't, you can freely buy some "incredibly cheap coins" at 220$ per coin right now.
lose some of your coins just for nothing because others are stealing them,.
Its not that easy to hack or steal your coins from wallet, as all wallets holds great level of security and safety features and if you take proper care at initial stage then you don't have to worry about it.
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