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Topic: What's your biggest problem with Bitcoin - page 12. (Read 135083 times)

legendary
Activity: 2492
Merit: 1145
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Any advice in BTC security problem? If I have large amount of BTC in my address I would be afraid hacking disasters.
If you have trust issue on your online wallet , Maybe Try to buy a Physical wallet , or try using paper wallet , The security will be high but if you make it wrong it is your fault like losing your wallet.

Maybe you can try to split your bitcoin into different wallets in order to have less casualties if your wallet has been hacked.
sr. member
Activity: 434
Merit: 250
Any advice in BTC security problem? If I have large amount of BTC in my address I would be afraid hacking disasters.
sr. member
Activity: 379
Merit: 250
February 28, 2017, 11:59:59 PM
sometimes the confirmation process is too lengthy
hero member
Activity: 1148
Merit: 504
February 28, 2017, 09:25:39 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.

Many of the members here dude! are experiencing the same thing like yours, So I think its not the real problem. So for me my problem in bitcoin is investing in cloud mining.

If you already know that cloud mining is a problem for you then why you still prefer to invest in it, and once you are aware about it then it should not be a problem.

many people here seem so desperate to invest their bitcoins in anything they can get their hands on. so since there is not much investment plans available for people to invest their money they choose cloudmining scams and also hiyps scam and lose their money!
I think it was because of their limited knowledge about where a profitable investment? so that they know just trading, gambling, or hyip
actually many other investment
hero member
Activity: 672
Merit: 500
February 28, 2017, 09:17:53 PM
My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.
of course, the government will always see that bitcoin is a threat to them. because the government see that the potential is very large bitcoin currency to be populr and threaten local currency of each country?
some already provide feedback about bitcoin, but not all countries reject the use bitcoin in their country. some developed countries even accept bitcoin, bitcoin I think it will help the economic growth of a country. so I do not agree on the opinion that bitcoin is a threat to any country. in fact there was nothing I disliked ( problem ) about bitcoin, maybe if there is something that should be developed is the speed of the transaction. Current transaction is already quite fast but during high traffic so more slowly. Although we can still make it faster by paying a few more fee.
hero member
Activity: 1008
Merit: 501
February 28, 2017, 08:28:07 PM
My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.
of course, the government will always see that bitcoin is a threat to them. because the government see that the potential is very large bitcoin currency to be populr and threaten local currency of each country?
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 28, 2017, 08:09:03 PM
My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good. I received the bitcoin after 2 days.
https://blockchain.info/unconfirmed-transactions
Because we are on the stable network with low blocksize and a lot of the demands. So, i wasn't expecting the fast confirmation by the bitcoin network. The block have a limit to take the transaction.
hero member
Activity: 924
Merit: 500
February 28, 2017, 04:18:16 PM
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.
Since I started in bitcoin, I never encounter any such problems as what others always said in this section.  Because maybe I became so positive into bitcoin even my transaction sometimes is being delayed still its fine with me because in the end it will confirmed and arrived in their destination.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 28, 2017, 03:56:03 PM
My biggest problem with bitcoin is how to earn a lot of it because now the price is high and i can't earn profit in altcoins markets because i'm being stuck up on the higher price because i didn't manage my accounts well for this past few months because i'm too busy at my work. But for now, I'm still fixing my problem and hoping for a great come back this month and a great profit.
legendary
Activity: 1092
Merit: 1000
February 28, 2017, 03:08:42 PM
My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Well, I think it is a problem for everyone who conduct transactions with bitcoin, man. Well, I also was feeling it, but maybe the transaction is confirmed for 24 hours. well, that is quite a long time, but now, I think it is being repaired, and is now getting better.
Yes now it's better the transaction is not taking too much time to confirm. And sometimes your local wallet exchanger will take the time to confirm your transaction, so this is the site issue. I also had a problem like this in local exchanger but now they also improved. sometime your bad luck you will face this type of issues.
hero member
Activity: 2072
Merit: 503
February 28, 2017, 02:43:35 PM
My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Well, I think it is a problem for everyone who conduct transactions with bitcoin, man. Well, I also was feeling it, but maybe the transaction is confirmed for 24 hours. well, that is quite a long time, but now, I think it is being repaired, and is now getting better.
hero member
Activity: 1092
Merit: 501
February 28, 2017, 01:22:54 PM
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.
Before my biggest problems issues is always the transaction in the blockchain like what everybody encountered it too. But as time goes by I realized it just something like a normal things happen, because in the end it is still confirmed my transaction.
legendary
Activity: 2492
Merit: 1145
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February 28, 2017, 01:13:27 PM
My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
Maybe you just have a badluck on the transaction you have , It only happen sometimes that bitcoin transaction last for a days before it confirmed. Maybe the remedy you have is try to put an extra balance on your local wallet incase an accident like this happened.
hero member
Activity: 630
Merit: 500
February 28, 2017, 01:03:26 PM
My biggest problem in bitcoin is the transaction sometimes it took so long before you received the bitcoin. I experienced that many times when the time I really need money i transfer my bitcoin from blockchain to local wallet to cash out it but that day is not good.  I received the bitcoin after 2 days.
newbie
Activity: 56
Merit: 0
February 28, 2017, 12:44:49 PM
The biggest problem with Bitcoin As the miners I can hardly Getting increasingly difficult, Mine with Faucet only there are some who can be trusted and it takes a very long time Can result cheated by TOPMINE !
after balance Empty have to work again with Faucet Longer time for it
hero member
Activity: 546
Merit: 500
October 09, 2016, 05:57:25 AM
I think I have a problem with price bitcoin. as you know that price bitcoin it is very fluktatif. I never lose a lot because it because I buy bitcoin in high prices and sell at low prices
hero member
Activity: 1008
Merit: 540
October 09, 2016, 05:45:25 AM
Bitcoin is well established cryptocurrency but it has some problems which may solved in future. Firstly hacking or scamming,  for this many people keep distance with bitcoin. They are not satisfied with bitcoins security.For this many people is not touching bitcoin.Another is many country banned bitcoin and shop doesn't accept bitcoin.So we can't use bitcoin in everywhere.
if those people had problem regarding on bitcoin they can report it directly into the management of bitcoin society first thing bitcoin is really good income source but the trasaction sometimes it takes time people are not contented on the security of bitcoin? well be contended it always depends on the bitcoin wallet you are using.
hero member
Activity: 798
Merit: 1000
October 09, 2016, 04:09:55 AM
My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.

That can be problem in future but as of now we are able to earn bitcoins easily and converting them to fiat is also not a problem and even if Government bans it in future, people will find some other ways out.
hero member
Activity: 952
Merit: 500
October 09, 2016, 04:06:41 AM
My biggest problem is that when bitcoin will be very popular and the government will see this as a threat to replace their currency they might ban bitcoin and all our hard work will be gone.
hero member
Activity: 924
Merit: 1000
October 08, 2016, 11:25:16 PM
The only problem I find at a moment is that there is no safe place to invest bitcoins, as most of those sites are run by scammers who are having a close watch on your coins and looking for an opportunity to scam you.
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