What's your biggest problem with Bitcoin - page 108.

smith coins

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Quote from: BitcoinNewbie15 on July 24, 2015, 11:45:12 AM

I don't really have a big problem with Bitcoin, but I feel that Bitcoin is very complicated for the everyday non-tech savvy person to use. I think the use of Bitcoin needs to be simplified a little bit more.

Yes for non-tech people it is a bit difficult to understand how it works and how the price changes.
All of us have few problems with bitcoin

jt byte

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Quote from: Mickeyb on July 24, 2015, 02:15:09 AM

Quote from: --Encrypted-- on July 23, 2015, 04:51:47 PM

Quote from: smith coins on July 23, 2015, 04:43:46 PM

The biggest problem is confirmation time, which sucks at stress test

I've never experienced slow confirmation except when I accidentally sent a transaction without including the fees. even while they were doing stress test, my transactions usually got confirmed very fast when I set the fees to 0.0005

Even more. 0.0002 did it for me during the stress tests. Of course if you wanna make absolutely sure you set them to 0.0005.

It's not an amazing difference for casual users, only few US cents more.

Well i think the fees are pretty high as it cost few cents but wait,
and in the future if the bitcoin price would be high the fees will cost more right?
but the value of them be higher than now

oblivi

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Quote from: Mickeyb on July 23, 2015, 11:01:22 AM

How to secure your funds and how to spend them safely for the masses is the biggest problem in my opinion. Yes there is a Trezor out there, but device like this is very expensive for the masses and it is still not completely user friendly for non tech people.

People need something like pin less credit cards that are currently rolling out in the markets, where they will just take and touch a terminal with their card and pay safely and securely, eventually put a short pin number and that's it.

In the future there will be "bitcoin banks" for those that don't feel comfortable holding their own private keys, so companies like Xapo will get big returns from this, so don't worry, there's always a workaround for every problem that may arise.

foxbitcoin

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It's confusing for the average user, Users want something simple, intuitive, easy to use and secure. Bitcoin is an amazing and revolutionary concept but for it to take off someone needs to come up with a way to make it simple

g1974ak

newbie

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I read that my problem is not the only and I am not the only one that I have it. But yet I want to tell it. Because most we are and more hope it is to be resolved. It is the much time needed for the confirmation of one transaction. Must wait with the hart in the hand that one transaction be confirmed before something happen. So your bitcoins must be stolen with the duplicate transaction etc. So soon this problem be solved better it will be.

rivoke

legendary

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Why bitcoin price still unstable ?
If bitcoin can maintain it's price, I'm sure many people will use bitcoin rather than a gold as investment. Also bitcoin's security is still a problem that need to investigate with care

Muhammed Zakir

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I prefer Zakir over Muhammed when mentioning me!

Quote from: jt byte on July 23, 2015, 10:25:22 AM

Quote from: Muhammed Zakir on July 23, 2015, 04:23:44 AM

Quote from: sipredrica on July 23, 2015, 03:07:04 AM

Thanks for Your Responses I Learned a Lot From The Response From People Here. But I Thinking That I Don't Know More About The Bitcoins. Is Bitcoins Can Be Reversible Like Paypal Funds Are Reversible. Is That happens With Bitcoins ??

No. Bitcoin transactions are irreversible.

I think it was a trick long before that if you sent by mistake to somebody and still the transaction has 0 confirmation i think it was something to solve this by getting back the money.
Correct me if i am wrong.

You are probably talking about "double spend". Double spend is not always possible but your double spend transactions will have higher chance if the former transaction is unconfirmed and the latter has higher fees. Nevertheless, it depend on miners.

BitcoinNewbie15

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Bitcoin isn't a bubble. It's the pin!

I don't really have a big problem with Bitcoin, but I feel that Bitcoin is very complicated for the everyday non-tech savvy person to use. I think the use of Bitcoin needs to be simplified a little bit more.

Mickeyb

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Activity: 798

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Move On !!!!!!

Quote from: --Encrypted-- on July 23, 2015, 04:51:47 PM

Quote from: smith coins on July 23, 2015, 04:43:46 PM

The biggest problem is confirmation time, which sucks at stress test

I've never experienced slow confirmation except when I accidentally sent a transaction without including the fees. even while they were doing stress test, my transactions usually got confirmed very fast when I set the fees to 0.0005

Even more. 0.0002 did it for me during the stress tests. Of course if you wanna make absolutely sure you set them to 0.0005.

It's not an amazing difference for casual users, only few US cents more.

Amph

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Quote from: --Encrypted-- on July 23, 2015, 04:51:47 PM

Quote from: smith coins on July 23, 2015, 04:43:46 PM

The biggest problem is confirmation time, which sucks at stress test

I've never experienced slow confirmation except when I accidentally sent a transaction without including the fees. even while they were doing stress test, my transactions usually got confirmed very fast when I set the fees to 0.0005

same thing, i think many are so greedy that they don't even want to pay the standard fee, result in complaining for slow confirmations, which isn't true

the only time that i've experienced a slow confirmation was only because of low fee, ok there are exception with high fee, but those are isolated case

bitllionaire

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My biggest problem is that bitcoin is not as used as I would like

I'd like to use it in many sites and shops but I can't do it more than in a couple of sites

lorylore

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Quote from: --Encrypted-- on July 23, 2015, 04:51:47 PM

Quote from: smith coins on July 23, 2015, 04:43:46 PM

The biggest problem is confirmation time, which sucks at stress test

I've never experienced slow confirmation except when I accidentally sent a transaction without including the fees. even while they were doing stress test, my transactions usually got confirmed very fast when I set the fees to 0.0005

Well the fees are something that has become more and more strong to get fast confirmation.
Try to set no fee and see if you get any confirmation it is very rare.

--Encrypted--

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hee-ho.

Quote from: smith coins on July 23, 2015, 04:43:46 PM

The biggest problem is confirmation time, which sucks at stress test

I've never experienced slow confirmation except when I accidentally sent a transaction without including the fees. even while they were doing stress test, my transactions usually got confirmed very fast when I set the fees to 0.0005

smith coins

hero member

Activity: 504

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The biggest problem is confirmation time, which sucks at stress test
Satoshi Nakamoto was so talented that he even solved the
problem of double spending of digital currency in his system.

jt byte

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Activity: 994

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Quote from: zeraTunerse on July 23, 2015, 10:32:57 AM

Quote from: ?? on ??

I think the biggest problem with bitcoin is that most people don't understand it.
People will be a bit awkward using bitcoin at first, but they will get the hang of it. Most people don't know how U.S. dollars work either, they just know that if they can get it, they can spend them, how to spend them, and if they are lucky, how to make them.... Tongue

Another big problem is that governments can't control bitcoin like fiat currency. They can't print it up to go fight wars whenever they want.... Angry

Those who don't understand its their problem, not ours. So we are here for our problems with bitcoins. The problem I experienced with bitcoin is sometimes it takes a huge time for the transaction to get confirmed and the other problem is that if I recommend my friends, they just ignore it.

They ignore it because the price of 1 Bitcoin is not the same as it was yesterday and will not be same tomorrow.
That's why they will not like or will not join the bitcoin.
And confirmation really suck sometimes.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

How to secure your funds and how to spend them safely for the masses is the biggest problem in my opinion. Yes there is a Trezor out there, but device like this is very expensive for the masses and it is still not completely user friendly for non tech people.

People need something like pin less credit cards that are currently rolling out in the markets, where they will just take and touch a terminal with their card and pay safely and securely, eventually put a short pin number and that's it.

zeraTunerse

hero member

Activity: 546

Merit: 500

Quote from: ?? on ??

I think the biggest problem with bitcoin is that most people don't understand it.
People will be a bit awkward using bitcoin at first, but they will get the hang of it. Most people don't know how U.S. dollars work either, they just know that if they can get it, they can spend them, how to spend them, and if they are lucky, how to make them.... Tongue

Another big problem is that governments can't control bitcoin like fiat currency. They can't print it up to go fight wars whenever they want.... Angry

Those who don't understand its their problem, not ours. So we are here for our problems with bitcoins. The problem I experienced with bitcoin is sometimes it takes a huge time for the transaction to get confirmed and the other problem is that if I recommend my friends, they just ignore it.

jt byte

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Activity: 994

Merit: 500

Quote from: Muhammed Zakir on July 23, 2015, 04:23:44 AM

Quote from: sipredrica on July 23, 2015, 03:07:04 AM

Thanks for Your Responses I Learned a Lot From The Response From People Here. But I Thinking That I Don't Know More About The Bitcoins. Is Bitcoins Can Be Reversible Like Paypal Funds Are Reversible. Is That happens With Bitcoins ??

No. Bitcoin transactions are irreversible.

I think it was a trick long before that if you sent by mistake to somebody and still the transaction has 0 confirmation i think it was something to solve this by getting back the money.
Correct me if i am wrong.

jakenewman

newbie

Activity: 14

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Never had any until the blockchain started work slowly. Sometimes it takes forever to get enough confirmations. And this is the main problem for now.

Muhammed Zakir

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I prefer Zakir over Muhammed when mentioning me!

Quote from: sipredrica on July 23, 2015, 03:07:04 AM

Thanks for Your Responses I Learned a Lot From The Response From People Here. But I Thinking That I Don't Know More About The Bitcoins. Is Bitcoins Can Be Reversible Like Paypal Funds Are Reversible. Is That happens With Bitcoins ??

No. Bitcoin transactions are irreversible.

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