Confirmations need to be more faster as it takes lot of time for transaction to get confirmed. And if this is the case it would be difficult to pay at shops as you can't get the goods until the payment is confirmed and it would become time consuming and won't help at the time of emergencies.
Topic: What's your biggest problem with Bitcoin - page 2. (Read 135083 times)
I guess the my biggest problem about bitcoin as what alnost everyone here experienced is the confirmation time, that takes so long period of time before I received the bitcoin to my account.
My biggest problem with bitcoin is that it takes a long time to earn some money but also it takes a long time for the transaction times but i can't really complain because bitcoin is the best thing i've ever had.
I read this post, in the last few years, most people really feel that the speed and rate of the transaction are the two biggest problems of the current bitcoin. It is hoped that the lightning network can be launched quickly this year, which is of special significance to the development of the encrypted community, and can also solve the digital currency after the two problems. You can get a lot of applications quickly.
Don’t have enough money to buy it hahaha 
So far i dont have any problem but the problem is from my self because sometimes i dont have a time to post and to participate because of my work . I think im gonna manage my time to be able to post everyday and every time. I need to post more to meer the quota in 1 week so be patient and be strong because someday every struggle you get you will pay a comportable life.
Well, the biggest things I'm totally hating on bitcoins are its transaction fees and the transfer rate. The transaction fees are outrageously expensive. You have to pay at least around half of your bitcoins to have sent to other people. Transfer rates are another problem. Really slow compared to fiat money transfer. I'd rather just transact with fiat money instead.
I think bit coin main problem transaction confirmation and another problem is being hack.
The biggest problem with bitcoin for me does not exist. But the problem exists for banks. Because those who have been controlling the currency feel rivaled by cryptocurrency.
Bitcoin is still not perfect, there are still some disadvantages or problems using Bitcoin. The most common problem to Bitcoin is its high fees. A lot of users are complaining about it and it is one of the reason why some platforms stop accepting Bitcoin like Steam. Another one is its volatility though it is not that big deal to us us investors but to people who accepts it as a payment, it is not good.
The biggest problem I have with bitcoin is the confirmation time.Because, the price of bitcoin always increases and decreases.This resulted in investors suffering the worst.Investors fail to choose, sometimes a time to invest.Besides, bitcoin is another big problem being a hack.As a result, many bitcoins lost.In this, investors have to face extreme losses.
The fee cost for every transaction and the slow blockchain when its congested but the Biggest problem of bitcoin is the financial freedom though this is good to most of us still many are taking advantage of this fact, like using on scamming people.. creating different investment platform with bitcoin payment when they attract too many investors they just run away and at the end bitcoin looks bad to other people esp those who do not understand crypto..
The biggest problem I have ever had with Bitcoin is one time when I used blockchain.info web wallet, it sent my coins to my original address and sent the rest to a newly created address.. then the wallet closed, I re-logged in and the coins were gone. Due to connection problems the address's private key was never saved. I would like to see a wallet where your address's private keys are automatically saved and backed up to your computer every time you create a new address.
I hate all the people who use it for scamming. It is like bitcoin is made for scammers, instead of for us.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.
The biggest problem with bitcoin for me does not exist. But the problem exists for banks. Because those who have been controlling the currency feel rivaled by cryptocurrency.
My only problem with bitcoin is knowing that most people only see everything in bitcoin. Blockchain is bitcoin. Virtual Currencies is just bitcoin. It's time to spread interest and patronize good altcoin projects as well.
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.
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 only problem in cryptocurrency is the slow transfer transactions because of the traffic on the block chain but we can expect that it will be improved even more in the future since the technology is growing so fast now a days.
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.
I don't have any problems about bitcoin how can I'm getting problematic,is bitcoin now is the answer for everything 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 biggest problem for me. when I buy bitcoin at that price. then the price fell beyond my prediction. finally I suffered a considerable loss.
if I stay too long. sometimes my thinking better sell and then I buy again at cheaper bitcoin prices .
if I stay too long. sometimes my thinking better sell and then I buy again at cheaper bitcoin prices .
I think bitcoin is pretty good. However there are problems with bitcoin mainly talking about price stability. Bitcoin prices are soaring rapidly and falling so fast. So it needs to be melee in monitoring the price.
I think one of the problems is a substantial transfer fee, around 750sat / byte, $ 20 for a once for a transfer, wow.. There are no such thing as low fees.
I think the block should be enlarged, approximately 8MB, so that itu could load more transactions and the level of difficulty of mining is also reduced so that the fee automatically can also be smaller.
I think the block should be enlarged, approximately 8MB, so that itu could load more transactions and the level of difficulty of mining is also reduced so that the fee automatically can also be smaller.
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