What's your biggest problem with Bitcoin - page 21.

justdimin

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Quote from: crairezx20 on July 08, 2016, 11:19:24 AM

Quote from: LucioTan on July 08, 2016, 09:57:05 AM

The most frustrating stuff that bitcoin has is that when you are scammed by the other person or company. It is impossible for you to bring back your money because of the lack of incentives that we have. One great example is the Hash ocean. They scammed about 700+ thousand individuals and sadly, they cannot be traced or put into jail. Its because we dont have a legal protection against these people who dont give back the right services and payments that we should have. If a certain law will be established with regards to this problem. I think the bitcoin community will grow rapidly.

Yeah right that is one the problem about bitcoin if you really want to protect your self from dealing someone choose trusted escrow..
And don't expect for cloud mining service that you can earn there they are just fake scammers they are just the same as any investment sites..

Cloud mining was a nice concept which is brutally destroyed by ponzi owners, as they got a new name to call their ponzi scam sites. The best thing, we must have to do as of now is to stay away from any site that is recently opened and is showing too much of promises.

dhampir-D

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I think it is the low number of establishments adopting the currency, but it takes time...

hermanhs09

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What do i dont like with bitcoin?
I think i actually hate that there are so many scammers in the bitcoin community,
in the bitcointalk too of course,it is just so easy to make mistake and lose you're money...

ausbit

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Quote from: blackmachinegun on July 08, 2016, 08:24:00 AM

Quote from: jossiel on July 06, 2016, 07:19:51 PM

Quote from: funbarrel on July 06, 2016, 05:24:19 PM

i dont have a lot of problems with bitcoin, to be honest my biggest problem is that bitcoin is hard to achieve

It is better if you are going to indicated your biggest problem that is hard to achieve so that we can know it and we can give suggestions about.
But it is a good thing that you don't have a problem with bitcoin and also I, I'm not seeing any problem into it.
Even the delayed transactions is not a problem with me.

I think the level of patience everyone is different. possible confirmation time not so long if you're a patient, but if people are not patient and then he needs urgent transactions, I'm sure he would be very angry at a speed of bitcoin transactions Lol

Then better use altcoins like dogecoins whose confirmations occur within seconds of transaction done. But I still think if you have not even 5 mins to patience then its useless to even use any currency.

wuvdoll

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Quote from: agustina2 on July 08, 2016, 11:35:04 AM

Quote from: serjent05 on July 08, 2016, 10:50:58 AM

there is no sense but waiting for a very long time in a business world means million of dollar lost. So basically this is the most annoying part of Bitcoin that the developer need to resolve as soon as possible.

Only a retarded one will do a big transaction then will just put a small fee? Got my point?

If you will do such big transactions and want to make it quick then better put on some additional fees. Other people crying but when you look at their transactions, only involved less than 100k satoshis lol.

Yes I was shocked that that guy has lost or think of loosing million of dollars because of confirmation.
That is the height of dumbness, you cannot take a 5 second time to send a extra fees and expect to do big dealings ? better close your company lol

avw1982

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Quote from: Wandering Soul~ on July 09, 2016, 02:34:35 AM

Confirmation Time and definitely the harships of mining

I have no problems with Bitcoin. The only thing that I would love to see being different, are the confirmation times. If you buy stuff online, it's not a big deal. But if you do receive coins from some one in real life, it can be frustrating having to wait 30 or more minutes for a single confirmation.

Wandering Soul~

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Wolf

Confirmation Time and definitely the harships of mining

n2004al

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Quote from: sipredrica on June 26, 2015, 10:19:37 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.

My biggest problem with bitcoin is wallet. I don't find one secure and easy to use. I have used Coinbase so far but since I lost my smartphone and used Authy as a 2 step verification, and they didn't give me the option to change my phone I have fear that this situation be repeated again. So my bitcoins are on the hands of the idiots of Authy. This doesn't make sense. Who are them to decide what do and what to not do in such cases?

Mayuyu48

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Quote from: sipredrica on June 26, 2015, 10:19:37 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.

My biggest problem is getting scammed. Me being an honest bitcoin trader and enthusiast have done all in my power to make a living off of it in the cleanest possible way.
But I've fallen into legal troubles more than once due to worthless shits charging back on transfers.
So yeah, that's the downfall to bitcoin.

cryptme

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Quote from: LucioTan on July 08, 2016, 09:57:05 AM

The most frustrating stuff that bitcoin has is that when you are scammed by the other person or company. It is impossible for you to bring back your money because of the lack of incentives that we have. One great example is the Hash ocean. They scammed about 700+ thousand individuals and sadly, they cannot be traced or put into jail. Its because we dont have a legal protection against these people who dont give back the right services and payments that we should have. If a certain law will be established with regards to this problem. I think the bitcoin community will grow rapidly.

But really, really you belived it was mining and a legitimate business. at the rate of 1300% / year it is impossible for anybody to pay such ammount of money to customers and still keep their share.
Just make the calculation, buy a graphic card, mine the most profitable coin and you'll see you'll be far from that profit margin. Miracles may exist but are very-very rare.
I also had some BTC in HashOcean, i "invested" there knowing that it is a scam. I lost it because I got greedy, I've reinvested

Some scams pay off, some don't. Every ponzi has some winners and a lot of loosers. In my country some 20+ years ago was a good scam, you got 8 times your money in 3 months. Alot of people got rich, 98% lost it all.

BUT to the topic, my biggest problem is with confirmation time. Internet buying is fine, but in real life it is impossible to use it, you cannot buy a coffee when confirmation time is 30 minutes +.

panju1

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Quote from: madwica on July 08, 2016, 07:21:30 PM

I do not have encounter any problems in bitcoin since i start to earn and to used it but all i can see the problem by eacg users is the delay of confirming their transactions which is i think it is normal to have a delay in online transaction because there are more securities to ensure all transaction to be made is very secured.

Long confirmation time is a recent phenomenon.
Once the block size debate is resolved, this should get resolved too.

madwica

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I do not have encounter any problems in bitcoin since i start to earn and to used it but all i can see the problem by eacg users is the delay of confirming their transactions which is i think it is normal to have a delay in online transaction because there are more securities to ensure all transaction to be made is very secured.

BeGoods

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Quote from: fkvidar on July 02, 2016, 04:57:48 PM

Quote from: MTBTT on July 02, 2016, 04:54:21 PM

Quote from: doraemon1 on July 02, 2016, 02:38:43 PM

Biggest problem? I don't have enough of it...i would love to have more and more bitcoins

I think if you use bitcoin transactions frequently or you're long in bitcoin. Surely you see there are some shortcomings that exist in bitcoin and I want to have a faster confirmation

Confirmation is no big deal for me, my confirmations are done in few minutes, the only problem for me at a moment is I cannot find any place where I can spend it.

yeah places to shop I thought about it. it seems we can not force traders to use payment with bitcoin. actually there are three options to resolve this problem The first convert bitcoin to fiat, both using bitcoin debit card, a third use aid between Coinbase and paypal

HarryKPeters

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Quote from: xht on July 08, 2016, 02:47:35 PM

Quote from: LucioTan on July 08, 2016, 09:57:05 AM

The most frustrating stuff that bitcoin has is that when you are scammed by the other person or company. It is impossible for you to bring back your money because of the lack of incentives that we have. One great example is the Hash ocean. They scammed about 700+ thousand individuals and sadly, they cannot be traced or put into jail. Its because we dont have a legal protection against these people who dont give back the right services and payments that we should have. If a certain law will be established with regards to this problem. I think the bitcoin community will grow rapidly.

Yes i think it's the big problem in bitcoin. I hope in the future someone is watching all transactions are done so that bitcoin users can get help if they had been scam.

Scamming sometime seems to be a major part of the bitcoin scene, but believe me there is more to it. The only thing we need to do is to inform and protecties newbies more then we are doing now. They too are very valuable to this community.

xht

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hey you, yeah you, fuck you!!!

Quote from: LucioTan on July 08, 2016, 09:57:05 AM

The most frustrating stuff that bitcoin has is that when you are scammed by the other person or company. It is impossible for you to bring back your money because of the lack of incentives that we have. One great example is the Hash ocean. They scammed about 700+ thousand individuals and sadly, they cannot be traced or put into jail. Its because we dont have a legal protection against these people who dont give back the right services and payments that we should have. If a certain law will be established with regards to this problem. I think the bitcoin community will grow rapidly.

Yes i think it's the big problem in bitcoin. I hope in the future someone is watching all transactions are done so that bitcoin users can get help if they had been scam.

Bitcotalk

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Quote from: blackmachinegun on July 08, 2016, 08:24:00 AM

Quote from: jossiel on July 06, 2016, 07:19:51 PM

Quote from: funbarrel on July 06, 2016, 05:24:19 PM

i dont have a lot of problems with bitcoin, to be honest my biggest problem is that bitcoin is hard to achieve

It is better if you are going to indicated your biggest problem that is hard to achieve so that we can know it and we can give suggestions about.
But it is a good thing that you don't have a problem with bitcoin and also I, I'm not seeing any problem into it.
Even the delayed transactions is not a problem with me.

I think the level of patience everyone is different. possible confirmation time not so long if you're a patient, but if people are not patient and then he needs urgent transactions, I'm sure he would be very angry at a speed of bitcoin transactions Lol

while thinking about one of my bank transaction, which took about 20 days, I think bitcoin transaction is much more faster , with that I really love the system of bitcoin, and I wish that we get a system with bitcoin that we never ever need banks for transacting our money and only use bitcoin for everywhere.

hermanhs09

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Quote from: bravehearth0319 on July 08, 2016, 01:32:48 PM

So far I don't have a big problem in Bitcoins. moreover, for sure as time pass by I'm not goonna have a problem with it do to its very cool to use it. Wink

Lucky you buddy,i wish i would not have any problems too Sad

My biggest problem with bitcoin is that i dont really know how to encourage my family to it,they dont believe i make pretty nice money thanks to it.

bravehearth0319

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So far I don't have a big problem in Bitcoins. moreover, for sure as time pass by I'm not goonna have a problem with it do to its very cool to use it. Wink

socks435

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Quote from: zeaderza on July 08, 2016, 11:56:22 AM

Quote from: agustina2 on July 08, 2016, 11:35:04 AM

Quote from: serjent05 on July 08, 2016, 10:50:58 AM

there is no sense but waiting for a very long time in a business world means million of dollar lost. So basically this is the most annoying part of Bitcoin that the developer need to resolve as soon as possible.

Only a retarded one will do a big transaction then will just put a small fee? Got my point?

If you will do such big transactions and want to make it quick then better put on some additional fees. Other people crying but when you look at their transactions, only involved less than 100k satoshis lol.

True. your transaction fee effect so badly your transaction in both ways.
If you add low fee or normal fee for such an huge transaction then it will not reach for weeks or may be for months.
but if you add a good fee for big money transfer then it wont take more then some minute and will done very smoothly.
so these things should be considered.

Yeah i experience that thing that if i pay for low fee the transaction it takes long time before you receive it unlike you pay for default and if you pay high enough fee for transaction sometimes you will receive it in few minutes..

zeaderza

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Quote from: agustina2 on July 08, 2016, 11:35:04 AM

Quote from: serjent05 on July 08, 2016, 10:50:58 AM

there is no sense but waiting for a very long time in a business world means million of dollar lost. So basically this is the most annoying part of Bitcoin that the developer need to resolve as soon as possible.

Only a retarded one will do a big transaction then will just put a small fee? Got my point?

If you will do such big transactions and want to make it quick then better put on some additional fees. Other people crying but when you look at their transactions, only involved less than 100k satoshis lol.

True. your transaction fee effect so badly your transaction in both ways.
If you add low fee or normal fee for such an huge transaction then it will not reach for weeks or may be for months.
but if you add a good fee for big money transfer then it wont take more then some minute and will done very smoothly.
so these things should be considered.

Topic: What's your biggest problem with Bitcoin - page 21. (Read 135104 times)