I think to me some of the obstacles of bitcoin are those of price manipulation by some of our exchanges and most time volume. Another one, is that of the hacking of some wallets and exchanges wallets
well, even though the development of bitcoin is rated so fast, but you're right, there are several obstacles for bitcoin, and one of them is price manipulation. however, these constraints make bitcoin better, because every obstacle that is found, will be corrected soon, even though it makes the price decrease slightly. 
Topic: What is the obstacle of Bitcoin？ - page 8. (Read 22438 times)
The obstacles is not everyone knows about bitcoin. You should spend a lot of time and be intelligent in reading and exert an effort and understanding so that you can understand well everything on it.
I think to me some of the obstacles of bitcoin are those of price manipulation by some of our exchanges and most time volume. Another one, is that of the hacking of some wallets and exchanges wallets
The volatility makes the bitcoin more renowned but it also becomes an obstacle to use as a payment system.The volatility can be decreased when we stop trading and also avoiding whales interruption by holding your bitcoin when the prices fall will keep the bitcoin really decentralized and it will help the real adoption too.
the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.
The price can become more stable but it will never be like fiat, you need to understand that the fact the supply of bitcoin is so small means that when the demand goes up there is simply not enough bitcoin for everyone and this makes the price to skyrocket but as soon as the demand is gone the price will crash and as we know the markets have a tendency to keep going in the same direction, so the crash is even harder than it should be, all of that will make very difficult for the price to become stable and it will be an obstacle to adoption for some time.Perhaps if you think there will only be 21 million Bitcoin by 2140 (17.5 million right now) But, instead i think there will be 2,100,000,000,000,000 Satoshis. And if the price goes up a lot in the future, there is a big chance they will enable 16 decimals...
So there might not be enough bitcoins for everyone, but there sure are enough satoshis for everyone!
We are used by fiat to think merely of two decimals, but don't neglect those 8 numbers to the right of the dot
Right now 26k satoshis are 1 dollar. Compare to the world's worst coin, the Venezuelan bolivar, where 25 satoshis are 1 bolivar.
This fiat just "lost" (by presidential decree) 5 zeroes in September, so 1 VES would have been 100,000 VEF, which in turn in 2008 would have been 100,000,000 VEB; and after a million percent per year inflation, the gov printing (digitally because paper is too expensive) like there is no tomorrow; things are going to get much worse faster every day.
1000 satoshis can buy bread, literally. And there is 1,746,142,500,000,000 satoshis out there... If bitcoin prices doubles, then just 500 sats will buy the same bread... Don't neglect your satoshis.
Personally , I do not agree with your assertion that the price instability of bitcoin poses an obstacle to it's large scale adoption.
As a matter of fact, what makes bitcoin what it is is it's high volatility.
Removehigh volatility and you will have defeated the purpose of it's creation.
I think the barriers to the wide adoption of bitcoin is it's interoperability, security issues etc
As a matter of fact, what makes bitcoin what it is is it's high volatility.
Removehigh volatility and you will have defeated the purpose of it's creation.
I think the barriers to the wide adoption of bitcoin is it's interoperability, security issues etc
A lot of people in the public are not even giving Bitcoin some chance to be known and what are the advantages of having Bitcoin. 
They are not aware of the actual worth and value of bitcoin that why they are not giving it a chance. Since long bitcoin is working in the market and it has the amazing value as a currency as well as an asset. I think people should give bitcoin another chance so that it will surely give them future benefits.
but I'm sure if they give Bitcoin a chance, that will change their outlook.
Close-minded people who always judge Bitcoin as useless and hard to understand.
It is not an obstacle to bitcoin but I think the biggest obstacle for bitcoin is/are the politics that's happening inside and outside of it. If everyone is just united, we're definitely experiencing a greener pasture. Another thing are these news agencies that are spreading fake news and fuds. These things are really obstacles IMO. It stops the market and pressures everyone to sell,mostly the newbies that enforces the market to plunge.
A lot of people in the public are not even giving Bitcoin some chance to be known and what are the advantages of having Bitcoin.
They are not aware of the actual worth and value of bitcoin that why they are not giving it a chance. Since long bitcoin is working in the market and it has the amazing value as a currency as well as an asset. I think people should give bitcoin another chance so that it will surely give them future benefits.
the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.
The price can become more stable but it will never be like fiat, you need to understand that the fact the supply of bitcoin is so small means that when the demand goes up there is simply not enough bitcoin for everyone and this makes the price to skyrocket but as soon as the demand is gone the price will crash and as we know the markets have a tendency to keep going in the same direction, so the crash is even harder than it should be, all of that will make very difficult for the price to become stable and it will be an obstacle to adoption for some time.
Bitcoin barriers are greedy human nature, and from greed that makes mass adoption and when there is growth they will sell in large scale to earn profits, and that makes the price of bitcoin very volatile.
Close-minded people who always judge Bitcoin as useless and hard to understand.
We all know stability of Bitcoin's value has been an issue for a long time , the major obstacles of bitcoin is the those who call them self crypto gurus and experts they are manipulating the market from behind . they are behind everything happen right now , institutions and business investors consult them when they want to buy bitcoin , so they risk few bitcoin at cheap price on big exchange like binance as soon as the the price drop then they go small exchange to buy from the weak holder.
Starting with Bitcoin’s release in 2009, cryptocurrency has gone from humble beginnings as a niche technology to the successful currency that it’s become today.
As a whole, developers, entrepreneurs, and big businesses have all been hesitant to use cryptocurrency in their day-to-day operations because of four main reasons:
Volatility
Security issues
Legal uncertainty
Practical usage
As a whole, developers, entrepreneurs, and big businesses have all been hesitant to use cryptocurrency in their day-to-day operations because of four main reasons:
Volatility
Security issues
Legal uncertainty
Practical usage
Stability of Bitcoin's value has been an issue for a long time. Well, if its goal is to become the world's main currency. People are calling its ultimate achievement the replacement of the US Dollar as the topmost currency of the globe. However, as for me, it will just be an offshoot. If Bitcoin's price will reach a stable point then it might grow to be a strong contender of the USD. And coupled with a wide circulation and actual utility, it will organically grow as the primary currency. But until then, it will mostly serve as a form of investment, which is not really its true purpose.
A lot of people in the public are not even giving Bitcoin some chance to be known and what are the advantages of having Bitcoin.
Presently I think the obstacle of bitcoin is still lack of getting more mainstream ,people needs to embrace it ,with support it will make price stable atleast ,that's what bitcoin needs
bitcoin is maturing and obstacles are also reducing as you know every negative news come and after somedays they are vanished.i think bitcoins main obstacles are govt and use of this technology.you have to use bitcoin.
Dependence on technology and many people are technological newbies. Especially older people don't use online banking with many not having Internet access. It looks like an obstacle now but really isn't. When the new smartphone generation matures it will find using cryptocurrencies as natural as registering for an email account.
Bitcoin is maturing, and pieces are slowly falling into place. It is volatile because its free and decentralized, so the market acts on it, but the price has a historical trend and slowly or quickly returns back to it. Every day mining becomes less attractive, but at the same time more (minted) coins are in hands of people. This makes manipulation more and more expensive. Mining will become completely unprofitable someday, and then only enthusiasts and people doing business with Bitcoin will keep the network alive. As this moment comes the volatility will naturally slow down. I think Canaan creative got the right idea but started too soon: Home appliances with some hashrate would keep the network alive at that point because it benefits everyone (holders and users).
At that point people more and more will be using it as a currency rather than an asset. The world will have a solid coin to back itself on, and the time for the chicago school of economy will have to cede their way to the austrian ideas of (slow) growth by true savings rather than (quick) growth by debt that ends blowing up later in eternal bubble/crash cycles.
At that point people more and more will be using it as a currency rather than an asset. The world will have a solid coin to back itself on, and the time for the chicago school of economy will have to cede their way to the austrian ideas of (slow) growth by true savings rather than (quick) growth by debt that ends blowing up later in eternal bubble/crash cycles.
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