There is some problem with bitcoin. First is not all markets recognize bitcoin, second is that it is hard to earn because sometimes by not meeting face to face with the seller you may get scammed, and it is always happening.
I dont think we are easy to get scammed even must sell bitcoin without meeting face to face with the buyer/seller due now many trusted exchanger and trusted local exchanger, it's already not be a problem again.
Topic: What's wrong with Bitcoin? (Read 2989 times)
There is some problem with bitcoin. First is not all markets recognize bitcoin, second is that it is hard to earn because sometimes by not meeting face to face with the seller you may get scammed, and it is always happening.
well that's because of a small adoption at the moment, but in the future I'm pretty sure that as the price rises and as more and more people will be using bitcoins, more markets will be allowing people to use it as a payment method, everything comes with time and it will happen sooner or later, there's nothing wrong with the bitcoin at the moment. 
It's a normal thing in bitcoin if there are transactions that are unconfirmed. It was talked all over the forum and if I'm not mistaken most of those transactions didn't include some fees for the miners. And of course the miners, will be confirming first that has higher fees. Also there are helpful tools like accelerator where you can make it confirmed and help your transaction.
Delay in transaction is really disappointing and if bitcoin has to become mainstream, we need network upgrade.
The current amount of transaction is nothing compared to what it would be when just half of the world population start using bitcoin.
I hope you are joking, half of the population means more than 3B people and now the network capacity is 3 transactions per second after segwit and block size increase it will probably be less than 20 transactions per second which is still small.The current amount of transaction is nothing compared to what it would be when just half of the world population start using bitcoin.
Google only has 1.5B users.
I dont think bitcoin is under attack maybe the reasons why its because of heavy traffic or congestion. I also encountered this too long to be confirm in my wallet, blockchain problem that took 2days confirm in my wallet. I think its trhe volatility price of bitcoin that most encountered this problem.
The attack is the traffic, someone are doing a lot of microtx just for increase the traffic. I don't know who or why but it's real. For now, the best solution probably would be increase the blocksize..
Oh another expert in the field! Who already knows the best solution. One advice: if you don't know who or why and generally have no idea what is going on, do not come up with solutions, first understand what's going on.
Delay in transaction is really disappointing and if bitcoin has to become mainstream, we need network upgrade.
The current amount of transaction is nothing compared to what it would be when just half of the world population start using bitcoin.
The current amount of transaction is nothing compared to what it would be when just half of the world population start using bitcoin.
I dont think bitcoin is under attack maybe the reasons why its because of heavy traffic or congestion. I also encountered this too long to be confirm in my wallet, blockchain problem that took 2days confirm in my wallet. I think its trhe volatility price of bitcoin that most encountered this problem.
The attack is the traffic, someone are doing a lot of microtx just for increase the traffic. I don't know who or why but it's real. For now, the best solution probably would be increase the blocksize..
There is some problem with bitcoin. First is not all markets recognize bitcoin, second is that it is hard to earn because sometimes by not meeting face to face with the seller you may get scammed, and it is always happening.
I dont think we are easy to get scammed even must sell bitcoin without meeting face to face with the buyer/seller due now many trusted exchanger and trusted local exchanger, it's already not be a problem again.
There is some problem with bitcoin. First is not all markets recognize bitcoin, second is that it is hard to earn because sometimes by not meeting face to face with the seller you may get scammed, and it is always happening.
I do not know what the problem is in bitcoin. I do not really know much about the system in bitcoin. when I do a bitcoin transaction I had to wait a long time for the transaction can be confirmed? could you explain for this problem ?
yes i also do not feel any limitation to bitcoin but i think if some minor problems that can be overcome very soon. for example the transaction problems should be solve on priority bases because it is creating misunderstanding about the people. it is really very difficult to wait or transaction conformation for such a long time.
I dont think bitcoin is under attack maybe the reasons why its because of heavy traffic or congestion. I also encountered this too long to be confirm in my wallet, blockchain problem that took 2days confirm in my wallet. I think its trhe volatility price of bitcoin that most encountered this problem.
I never heard or knew that bitcoin network is under attack but as far as I know that the network could not be attacked by a hacker that easily maybe you are just thinking of it because of the payments or transactions are being delayed but I think those delayed transactions are common on it's network and it is not because of the attack blockchain is just getting loaded by plenty of transactions being processed .
it's not about hacker or whatever, bitcoin can't be attacked like that, it's more easy to hack abank than hacking the bitcoin network
bitcoin was attacked by a spam attack to increase the number of transaction and make the block look always full, probably someone that want the limit to be increased asap
because they have no other reason to do so, they are also losing money doing it
I do not know what the problem is in bitcoin. I do not really know much about the system in bitcoin. when I do a bitcoin transaction I had to wait a long time for the transaction can be confirmed? could you explain for this problem ?
BITCOIN network is under heavy attack.
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.
What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.
http://prntscr.com/edfr58
http://prntscr.com/edfr58
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.
What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.
http://prntscr.com/edfr58
http://prntscr.com/edfr58
If bitcoin network is under heavily attack then you can't open the blockchain in the first place or other site that is connected on that certain attack. This delayed transactions that you are saying is because of the limitation of the size of the blockchain causing traffics inside because of too many transactions that can't be process at a time because it already reached its limits.
Besides bitcoin network can't be hack easily, maybe what you are trying to say is only bitcoin, because millions of dollars of bitcoin has been hacked before on the blockchain by some pro hackers.
I never heard or knew that bitcoin network is under attack but as far as I know that the network could not be attacked by a hacker that easily maybe you are just thinking of it because of the payments or transactions are being delayed but I think those delayed transactions are common on it's network and it is not because of the attack blockchain is just getting loaded by plenty of transactions being processed .
I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.
You are wrong. It is being spammed until the mem pool is flooded. You also clearly do not know much of what is going on. Try to follow the Twitter accounts of known Bitcoiners like GMaxwell or Peter Todd. Peter Todd tweeted once that the network congestion is unnatural. That it clearly is being spammed by someone or some group. Old Bitcoiners here claim to know who is behind it.
It piles up you know, even with or without an attack upon the blockchain. But regardless, I really do believe we have to do something about the fees and the speed of the transactions. The problem only gets worse and the fees gets more expensive. That's a concern we all have to do something about.
you need to check some numbers and some of the behaviors from the days the spam attack happened with the days that there were no spam attack and you can understand where you are wrong.
one of the good sites that gives you some visual aid is http://statoshi.info check the memory pool and how it changes at times of spam attack, it is impossible to miss!
I don't think this is due to an attack, it's just because of the congestion that is happening due to the volatility that is happening to the prices of bitcoin. It would most likely be over in a few days. This usually happens nowadays since there have been so much users and there are plenty of people using bitcoins. We really need an upgrade to the system though.
You are wrong. It is being spammed until the mem pool is flooded. You also clearly do not know much of what is going on. Try to follow the Twitter accounts of known Bitcoiners like GMaxwell or Peter Todd. Peter Todd tweeted once that the network congestion is unnatural. That it clearly is being spammed by someone or some group. Old Bitcoiners here claim to know who is behind it.
It piles up you know, even with or without an attack upon the blockchain. But regardless, I really do believe we have to do something about the fees and the speed of the transactions. The problem only gets worse and the fees gets more expensive. That's a concern we all have to do something about.
No. You cannot admit that you are wrong. The flooding of the mem pool is an abnormal incident. The total transactions and users of Bitcoin did not increase very much for something like it to happen. There is someone spamming the network and he is willing to pay millions in fees to do it over and over again just to try to put the Core developers on its knees. What the spammer fails to understand is Core will never ever give up on Bitcoin.
I think that the biggest issue Bitcoin currently experiences right now is the longer wait times that are experienced when it comes to having a transaction to go through, compared to other forms of payment that exist.
Beyond that, I see very few issues and most of the system is set up very, very well, with minimal issues compared to literally everything else.
Beyond that, I see very few issues and most of the system is set up very, very well, with minimal issues compared to literally everything else.
BITCOIN network is under heavy attack.
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.
What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.
http://prntscr.com/edfr58
http://prntscr.com/edfr58
BITCOIN Payments may be delayd because of this.
We are aware of this and waiting for the attack to be over.
Check the following link as it shows number of unconfirmed transactions in real-time.
https://blockchain.info/unconfirmed-transactions
Again , We know this and waiting for BITCOIN attack to be over.
What's wrong with Bitcoin, Blockchain, ePay? is there who can explain ... thanks.
http://prntscr.com/edfr58
http://prntscr.com/edfr58
There are no problems bitcoin services such as blockchain, epay and etc. But due to the small blocksize of bitcoin and it can't validating a lot of the transaction in once time and. If the block of bitcoin can validate up to 3 transactions on every second and at the same time 6 people in the various countries are trying to make transactions on the same time. and the bitcoin can't validate all of the transaction in once time.
I think the congestion is just because more and more users are using the bitcoin network for transactions. I had one transaction stuck in the blockchain for over four days, which is the worst ever, even though I had paid an advance fee of 87 cents lol, but hey it's o.k now. 
Possibly, and it's good to know that the number of users is growing. But it is disappointing to realize that the network is not yet ready to deal with this number of users, which although it is growing, it is still a very small number compared to the amount of people who make transactions every day on the internet, through other payment systems, and possibly would have been interested in using Bitcoin. Many of them would not consider this possibility under current circumstances.I think it is not purely on the adoption of people. Someone is spamming the network probably to push their ideals. it is some sort of propaganda hurting Bitcoin users to either make them leave the community or pressure someone to implement things, But honestly I do not have any idea on which side is doing the spamming.
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