What's your biggest problem with Bitcoin - page 15.

JITENDERPAR3

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Quote from: sipredrica on June 26, 2015, 11:19:37 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.

when we send btc on exchange site then it is waiting for confirmation . this is the biggest problem for a trader to trade at exchange site . i hope you will care toward my problem of confirmation.

Xester

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Nothing really. Maybe because all who were behind bitcoin have done some adjustments and upgrades on what to do for bitcoin to be easily used. I just think that the problem is the price it usually changes. Grin

And also people are too obsessed with bitcoin and sometimes they become greedy.

betohell

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Quote from: michelle1845 on September 18, 2016, 10:49:24 PM

One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.

I think during the life bitcoin bitcoin will continue to grow and continue to grow with the bitcoin bitcoin will continue to add users so as time goes on I'm sure started a lot of places that will accept bitcoin

Senor.Bla

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Quote from: mixan on September 18, 2016, 11:00:39 PM

How easy it is to lose your private key Lips sealed

It is a long string of alpha-numeric characters so who can memorize theirs and if you write it down or have a hard drive failure then you have lost your access to the coins in that wallet.

make a copy somewhere else. there are ways so you can change you private key in some words and learn them, but i would not advise you to do that. relying on memory is not often the best solution. many will tell you to just buy an hardware wallet.

mixan

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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!

How easy it is to lose your private key Lips sealed

It is a long string of alpha-numeric characters so who can memorize theirs and if you write it down or have a hard drive failure then you have lost your access to the coins in that wallet.

J Gambler

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Quote from: sipredrica on June 26, 2015, 11:19:37 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.

The trasaction confirmation time because of lots users who sending lots of trasaction everyday thats why there are times that the receiving of bitcoin are super duper delayed and i don't know why and those ponzi website who uses bitcoin to scam people thats it.

michelle1845

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One of the biggest problems is the fact that there are few places where people accept it as payment mean. This is a cause of uncertainty for many people, but as bitcoin demonstrates its efficiency and safety, people come to accept it over time.

crossabdd

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Quote from: septian44 on September 03, 2016, 02:57:46 PM

big problem bitcoin when I bought at a high price after a few days the price drop,perhaps a little surprised bitcoin withstand a few days and wait for prices to rise again little benefit I will sell knowing the price rise and fall of a risk,I no longer buy in large quantities to date.

bitcoin prices have fluctuated, This may be said to be a big problem for some people, but could also be said to be a big advantage.
depending on we can take advantage of it all. for me the price volatility is not a big problem, although sometimes I also just like you could be trapped by the prices when falling.

magemist

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The delays in sending your bitcoins.
And with the Falcon 9 not following threw with it's mission it will be take even longer now. Embarrassed

septian44

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big problem bitcoin when I bought at a high price after a few days the price drop,perhaps a little surprised bitcoin withstand a few days and wait for prices to rise again little benefit I will sell knowing the price rise and fall of a risk,I no longer buy in large quantities to date.

dezoel

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Quote from: groll on September 03, 2016, 01:18:14 PM

Quote from: co5hike on September 03, 2016, 12:26:21 PM

Quote from: crossabdd on September 03, 2016, 11:45:41 AM

Quote from: noictib on September 03, 2016, 11:28:14 AM

My biggest problem with bitcoin was to find a 100% legit and trusted traders because initially i had to buy bitcoin to deal with but fortunately Now I found a trader which is more than honest. I can trust him more than my left hand.

I think it was not a biggest problem of bitcoin. I thought about many reliable traders exchanger that you can use to buy bitcoin

I never faced any problem in buying bitcoins online as every time I buy it from localbitcoins and all traders there are genuine and trusted people and they will surely not cheat you.

Yes me too. I never encountered any problem when buying bitcoin as I deposited it on the bank. For just five to ten minutes, my bought bitcoin was already in my wallet. As for people, I never also had a problem before. Just be sure that you know the person yoi are trading with.

That's true that its safe to trade with familiar person to avoid risk, but a person who is buying for first time will not know anyone and he would hesitate in buying online.

groll

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Quote from: co5hike on September 03, 2016, 12:26:21 PM

Quote from: crossabdd on September 03, 2016, 11:45:41 AM

Quote from: noictib on September 03, 2016, 11:28:14 AM

My biggest problem with bitcoin was to find a 100% legit and trusted traders because initially i had to buy bitcoin to deal with but fortunately Now I found a trader which is more than honest. I can trust him more than my left hand.

I think it was not a biggest problem of bitcoin. I thought about many reliable traders exchanger that you can use to buy bitcoin

I never faced any problem in buying bitcoins online as every time I buy it from localbitcoins and all traders there are genuine and trusted people and they will surely not cheat you.

Yes me too. I never encountered any problem when buying bitcoin as I deposited it on the bank. For just five to ten minutes, my bought bitcoin was already in my wallet. As for people, I never also had a problem before. Just be sure that you know the person yoi are trading with.

co5hike

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Quote from: crossabdd on September 03, 2016, 11:45:41 AM

Quote from: noictib on September 03, 2016, 11:28:14 AM

My biggest problem with bitcoin was to find a 100% legit and trusted traders because initially i had to buy bitcoin to deal with but fortunately Now I found a trader which is more than honest. I can trust him more than my left hand.

I think it was not a biggest problem of bitcoin. I thought about many reliable traders exchanger that you can use to buy bitcoin

I never faced any problem in buying bitcoins online as every time I buy it from localbitcoins and all traders there are genuine and trusted people and they will surely not cheat you.

Mastsetad

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Quote from: Velkro on September 03, 2016, 06:34:49 AM

My biggest problem is currently low price, but its better than great swings.
Bitcoin should work on bigger blocks coz its needed in near future but devs works on it so everything should be ok

Price should not be a problem for anyone as the price of bitcoin is never the same, today it is low, tomorrow it is high, that is the reason why bitcoin is so popular because people earn profits with that fluctuation and it attracts people to invest into it.

laurynasc111

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The problem with Bitcoin that the fees are becoming higher, mining is now truly centralized. I think when Nakamoto planned for Bitcoin, he didn't plan for pool, only Solo mining. The good old days when you could mine with your CPU, GPU and still make a profit Cry

crossabdd

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Quote from: noictib on September 03, 2016, 11:28:14 AM

My biggest problem with bitcoin was to find a 100% legit and trusted traders because initially i had to buy bitcoin to deal with but fortunately Now I found a trader which is more than honest. I can trust him more than my left hand.

I think it was not a biggest problem of bitcoin. I thought about many reliable traders exchanger that you can use to buy bitcoin

noictib

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One of the world's leading Bitcoin-powered casinos

My biggest problem with bitcoin was to find a 100% legit and trusted traders because initially i had to buy bitcoin to deal with but fortunately Now I found a trader which is more than honest. I can trust him more than my left hand.

upsidedown75

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Quote from: madwica on September 02, 2016, 05:28:14 AM

Biggest problem of bitcoin i encounter is when my wallet got empty that is my biggest problem but in the transaction nothing bad i can say all is great, fast and very convenient to use it.

Yeah that’s the problem I usually have and I think that’s is the thing that most of us suffer. Beside that, I do not have anything to complain about bitcoin, I know nothing is perfect and bitcoin still have some issues but it’s still young so I don’t expect much from it. It has so many benefits and I believe it will become more and more popular in the future.

gerXhonza

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Quote from: renem on September 03, 2016, 09:51:16 AM

Quote from: Velkro on September 03, 2016, 06:34:49 AM

My biggest problem is currently low price, but its better than great swings.
Bitcoin should work on bigger blocks coz its needed in near future but devs works on it so everything should be ok

Are you waiting for the bitcoin to going decrease the price so that you can buy more bitcoin to use and you can wait until the bitcoin price will increase again well it gonna take long waiting to that happen because if many investors are going to quit well that probably gonna happen but many investors are using bitcoin now and bitcoin are becoming famous.

I don't think that price will fall in next few weeks, as price is stable and I think it will remain stable in coming days too, and even if it falls it won't go below $500.

renem

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Quote from: Velkro on September 03, 2016, 06:34:49 AM

My biggest problem is currently low price, but its better than great swings.
Bitcoin should work on bigger blocks coz its needed in near future but devs works on it so everything should be ok

Are you waiting for the bitcoin to going decrease the price so that you can buy more bitcoin to use and you can wait until the bitcoin price will increase again well it gonna take long waiting to that happen because if many investors are going to quit well that probably gonna happen but many investors are using bitcoin now and bitcoin are becoming famous.

Topic: What's your biggest problem with Bitcoin - page 15. (Read 135083 times)