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Topic: What's your biggest problem with Bitcoin - page 102. (Read 135083 times)

legendary
Activity: 3374
Merit: 1824
August 21, 2015, 08:22:21 AM
I have a few problems with bitcoin.
In my country there are only a few places where you can buy or spend bitcoin.
I can't report earnings from bitcoin to the tax authorities, they still did not anticipate such earnings in their respective taxation laws Smiley
Recently, we got first bitcoin ATM in the country, but this is not enough, of course.
I had to wait for the last transaction confirmation a few hours.

legendary
Activity: 1834
Merit: 1008
August 21, 2015, 07:44:28 AM
My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

Are you for real? There are tons ways to spend your bitcoin if you got many bitcoin, see goods tabs https://bitcointalk.org/index.php?board=51.0 or you can also check gambling tab https://bitcointalk.org/index.php?board=56.0. Try to spend your bitcoin there
sr. member
Activity: 593
Merit: 250
August 20, 2015, 01:16:52 PM
another problem that i'm facing right now, is that there is no real consensus, if we can divide the comunity so easily..it's possible that a split like this can happen in the future and it can be more severe, imagines if instead of a two way split we get a 3 way or somethign worse...

whether you mean now is bitcoin xt ?
This has been contentious consensus. and that's fine. We have a large number of passionate, intelligent developers and entrepreneurs coming at these issues from different perspectives with different interests.
hero member
Activity: 994
Merit: 1000
PUGG.io
August 20, 2015, 01:12:16 PM
The transaction confirmation time can sometimes be really annoying. Sometimes it doesn't confirm for hours...
Or maybe you can do one thing,
Just make transaction fee per kilobytes from 10,000satoshi to 10,001satoshi and the transaction fee you will be paying will become more than most of the users on the network and it might increase your chances of getting quick confirmation.
Make sure you add a sufficient fee then. 0.0001 isn't much at all.
JJB
full member
Activity: 131
Merit: 100
August 20, 2015, 07:05:03 AM
The transaction confirmation time can sometimes be really annoying. Sometimes it doesn't confirm for hours...

Make sure you add a sufficient fee then. 0.0001 isn't much at all.
sr. member
Activity: 412
Merit: 251
August 20, 2015, 06:38:40 AM
The transaction confirmation time can sometimes be really annoying. Sometimes it doesn't confirm for hours...
newbie
Activity: 21
Merit: 0
August 20, 2015, 06:37:16 AM
Software development team here.
We would like to hear from the community what are the most annoying\frustrating stuff you have with Bitcoin and would love to get a solution for ?
Feel free to talk about any problem, even if it seems unsolvable or too abstract (e.g. Bitcoin is not safe enough for the average user)
Edit:
After reading all the replies, I feel confident summarizing that the #1 problem of Bitcoin is probably lack of adoption.
And the main reasons of lack of adoption are probably ease of use and insufficient security.
We are a team of entrepreneurs and software developers that are going to spend the next following months-year on developing a new product.
One of the most appealing markets for us is the Bitcoin market.
We will try to learn us much as possible from your replies and try to tackle the problems head on.

Not have very much bitcoins is my biggest problem with bitcoin.
sr. member
Activity: 294
Merit: 250
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August 20, 2015, 06:22:32 AM
my most 'big problem at the moment is the dump of the whales that make money, while many lose purchasing power.
hero member
Activity: 533
Merit: 500
August 19, 2015, 09:03:40 AM
My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

This will hopefully improve over time though it isn't going to happen overnight. I agree with you that it is a problem especially for those who want to use it as a currency but in the meantime we can hold it for x number of years and by the time we can spend it many places hopefully it'll be worth much more.

Yes and it also depends on which country you are living in, as there are many countries who are not involved in accepting bitcoins as a mode of payment and many of them have even not heard about the bitcoins, so it would be hard to find any shop where you can buy physical goods using bitcoins, but when it comes to online shopping I don't think there would be any issue.
sr. member
Activity: 294
Merit: 250
August 19, 2015, 03:27:52 AM
another problem that i'm facing right now, is that there is no real consensus, if we can divide the comunity so easily..it's possible that a split like this can happen in the future and it can be more severe, imagines if instead of a two way split we get a 3 way or somethign worse...

whether you mean now is bitcoin xt ?
legendary
Activity: 3248
Merit: 1070
August 19, 2015, 03:20:51 AM
another problem that i'm facing right now, is that there is no real consensus, if we can divide the comunity so easily..it's possible that a split like this can happen in the future and it can be more severe, imagines if instead of a two way split we get a 3 way or somethign worse...
legendary
Activity: 1106
Merit: 1000
August 19, 2015, 02:56:34 AM
My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

its not true anymore if you talk about online only there is no thing online which i want to buy and i could not if you want to buy something and there are 10 provider providing that then 2 of them are accepting bitcoins and also you can buy anything from amazon using a third party there are many.
sr. member
Activity: 392
Merit: 250
August 19, 2015, 02:35:40 AM
My biggest problem is i don't know how long bitcoin can be live on this planet?
sr. member
Activity: 336
Merit: 250
August 19, 2015, 02:30:53 AM
during transaction process it may take up to 2 to 20 minutes for complete transaction.if i want to use suddeny come a work and we need to bitcoin to paying bitcoin but it will come fast it will take long time to transction process so this is biggest problem of bitcoins.
hey mate there is already a solution for that problem..just pay high tax and then your transaction will be instant..you have to know about hiw transactions work http://bitcoin.stackexchange.com/questions/4838/what-does-a-bitcoin-transaction-consist-of try this link hope it can help to clear your knowledge or doughts
newbie
Activity: 21
Merit: 0
August 18, 2015, 05:01:41 AM
My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

This will hopefully improve over time though it isn't going to happen overnight. I agree with you that it is a problem especially for those who want to use it as a currency but in the meantime we can hold it for x number of years and by the time we can spend it many places hopefully it'll be worth much more.
legendary
Activity: 924
Merit: 1002
August 18, 2015, 04:58:46 AM
My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.
newbie
Activity: 25
Merit: 0
August 18, 2015, 04:49:53 AM
my biggest problem is that there's too much talking about the blockchain.
Too many factions: looks like politics.

I supposed that this technology was able to avoid these kind of discussions: I was wrong.

Satoshi should come back to put some order around.

I think satoshi coming back would only complicate things more. What if people didn't like what he had to say? I'm afraid politics and also financial interest always gets involved with any good tech or idea but bitcoin can hopefully rise above all the bullshit and bickering.
full member
Activity: 126
Merit: 100
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August 17, 2015, 09:19:52 PM
For me its the conformation times and the network fees.

I accidentally forgot to include a transaction fee when I sent some coins, and it came back 2 days later because no one confirmed it, then I resent them again, this time, with a transaction fee, but I inadvertently made a double spend because of that.
newbie
Activity: 14
Merit: 0
August 17, 2015, 06:18:47 PM
For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.
and also for me... I'm in love with bitcoin but i find confirmation time as an disadventage. well... nobody's perfect;]
hero member
Activity: 560
Merit: 500
August 17, 2015, 06:07:38 PM
When I first tried to buy btc, I turned to ebay.  That was a HUGE mistake. 

Other than that I've been burned too many times having btc held up in escrow, price drops, holding onto physical coins too long...really my main problem is I've been burned.
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