What's your biggest problem with Bitcoin - page 28.

heroson

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Quote from: cambda on June 26, 2016, 05:02:00 PM

Quote from: coinplus on June 25, 2016, 04:48:11 AM

Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.

Yes undoubtedly bitcoin have a problem of price fluctuation. But sometimes its more excited when the price of bitcoin increases. But i dont think bitcoin has more bigger issue than this.

akosimakulit

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The fact that people have so hard time using it. I understand why people hate trying anything new, because of the risks associated. For example, I promised to pay one guy small amount of money as BTC, but he doesn't manage to set up a wallet. It should be fairly easy, but as a non-technical conservative guy I think he fears it. Don't know if there is any easy way to get over that fear.

voztata

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Quote from: JumperX on June 19, 2016, 02:03:41 PM

Quote from: bitba.org on June 19, 2016, 02:02:26 PM

Confirmation time

That is the problem with majority of us, but I think it will be resolved in future by the core development team, apart from that I don't see any problem with bitcoin.

Moreover you can send the funds ( I use blockchain and I can spend unconfirmed txn ) even when its unconfirmed, so not really a issue to be worried about, though yes we all hate it.

Imoote

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Quote from: coinplus on June 25, 2016, 04:48:11 AM

Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Rise and fall of prices there must be harmed and benefited, it all depends on us. But fluctuations it is necessary to turn bitcoin. The problem I have ever disturbs me maybe just a nuisance when the transaction is delayed for several days.

cambda

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Quote from: coinplus on June 25, 2016, 04:48:11 AM

Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Exactly someone takes price fluctuations as a threat and some view it as an opportunity to make quick profits, and people will really hate if price remains stable for a long time.

diodio5

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Quote from: Ravi Helios on June 24, 2016, 12:39:12 AM

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

I think an important confirmation. because the transaction may fail. I ever fooled when someone sells bitcoin to me. I paid when unconfirmed because the buyer asked quickly. but after one day the transaction is not yet confirmed at all and bitcoin back to the seller. I do not know how to do it? but confirmation is it important?

coinplus

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Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

Right but at the same time we also have to understand that there are fellow bitcoiners who earn a lot of profit with just this. I love how the price fluctuates and gives us opportunity to earn with it.

Imoote

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Activity: 714

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Quote from: chineseprancing on June 24, 2016, 06:55:23 AM

Quote from: carlisle1 on June 24, 2016, 02:48:18 AM

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

Yes me too, i see many people here are problem is about the transaction confirmations we are all the same we have same problems, we will just hoping for a faster confirmation in the future

Yes really possible if the confirmation of receipt can be done quickly it will make users more comfortable with bitcoin. I too have experienced the constraints of his pending confirmation of acceptance for 5 days and it seems to me very disturbing.

chineseprancing

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Quote from: carlisle1 on June 24, 2016, 02:48:18 AM

i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

Yes me too, i see many people here are problem is about the transaction confirmations we are all the same we have same problems, we will just hoping for a faster confirmation in the future

agustina2

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Quote from: justdimin on June 24, 2016, 05:03:55 AM

Quote from: tampazeus on June 15, 2016, 02:18:50 PM

Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

If you are trading bitcoin then price fluctuation should not be a problem for you, as I trade bitcoin and I take best advantage of each and every fluctuation to make profits from it.

Agreed. I think that is the problem for most people that they complain the price fluctuation and this really in actual is not a problem. Fluctuation happens because of the buying and asking bids and this is what makes bitcoins special.

And without price fluctuations how come can we earn bitcoins much thru trader? Also all bitcoin users are gaining benefits thru price fluctuations.

People are expecting for skyrocket price but taking price fluctuations as a problem. Without it no more skyrocket price will happen.

justdimin

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Quote from: tampazeus on June 15, 2016, 02:18:50 PM

Quote from: dearbesz on June 15, 2016, 02:11:16 PM

My biggest problems with Bitcoins is if fluctuation of the price comes.
and then sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

If you are trading bitcoin then price fluctuation should not be a problem for you, as I trade bitcoin and I take best advantage of each and every fluctuation to make profits from it.

Agreed. I think that is the problem for most people that they complain the price fluctuation and this really in actual is not a problem. Fluctuation happens because of the buying and asking bids and this is what makes bitcoins special.

Hide_ip112

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Quote from: PemburuReceh on June 24, 2016, 12:27:41 AM

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

Indeed the main problem in the bitcoin now this is in confirmation. All people ever or even often get that problem, but it will be a big problem when we conduct transactions within the site that requires confirmation before proceeding to the next step. Hopefully this can be quickly done

davis196

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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 that i don`t have enough bitcoins. Grin

And sometimes confirmations are too slow and take too much time.This is frustrating.

What kind of product are you developing?A new altcoin?

carlisle1

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i only have a little problem with bitcoin and it is slow transaction and too many confirmation but i know that it is normal and also the big and quick deflation rate . it will be the main problem of all bitcoin users and investors .

tampazeus

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Quote from: ajun96 on June 24, 2016, 02:38:08 AM

Quote from: PemburuReceh on June 24, 2016, 12:27:41 AM

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

yeah it's not a big problem for you because you have never experienced the precarious state in which you have to accept bitcoin time? certainly prompt confirmation would be needed? Sometimes if I can not wait I was cursing because sometimes third party sites require 3 confirmation for your bitcoin could enter. and sometimes it takes a long time

Yeah sometimes it really takes very long time, but I am perfectly fine with it, as bitcoin is providing many benefits which cannot be ignored and it has made life much easier.

ajun96

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Quote from: PemburuReceh on June 24, 2016, 12:27:41 AM

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

yeah it's not a big problem for you because you have never experienced the precarious state in which you have to accept bitcoin time? certainly prompt confirmation would be needed? Sometimes if I can not wait I was cursing because sometimes third party sites require 3 confirmation for your bitcoin could enter. and sometimes it takes a long time

Grazyah13

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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.

Hi Sipredica, I am glad that you have the want of knowing our concerns regarding the transactions with bitcoins. Actually bitcoin helps a lot but there are cases in which bitcoin turn us down . Majority of people use bitcoins because of the speed of transaction but now Bitcoin is facing a major problem as the time it takes transactions to be processed has increased dramatically leading businesses to stop accepting the cryptocurrency and others to issue warnings that the problems could be terminal.The average time it takes for a bitcoin transaction to be verified is now 43 minutes, and some transactions remain unverified forever. Some of the problem stems from the fact that anyone can add a fee to every bitcoin transaction, which bumps that transaction up in the queue, meaning that those who didn’t pay such a fee — or didn’t pay a sufficiently big fee — may be waiting hours and sometimes even days for a transaction to complete.It is hideous to people who are not that rich and who doesn't have extra bitcoins in their wallet.

agustina2

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Quote from: PemburuReceh on June 24, 2016, 12:27:41 AM

I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem

It's depend on the fees applied by the sender.

So if you are always the receiver and always got a slow transaction, you can check the applied fees for it. Also at least 50% above the default fee must be applied in order for you to have a average speed of transaction.

delliaerd

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Quote from: dotajhay on June 24, 2016, 12:46:04 AM

Quote from: Ravi Helios on June 24, 2016, 12:39:12 AM

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

confirmation times is depends on the site that you want to invest in, other site has long confirmation time but other is instant Grin

maybe bitcoin developers will fix that soon.

The confirmation time of bitcoin transactions sometimes is delay . But I think it is not too big problem. You just to be more patient, and in my point of view to decrease the that may be add the transaction fees . But there some people that said add some transactions fees is not make big affect.

dotajhay

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Quote from: Ravi Helios on June 24, 2016, 12:39:12 AM

For me, the confirmations time, I hope Bitcoin adopt VNL Zero time confirmation..

confirmation times is depends on the site that you want to invest in, other site has long confirmation time but other is instant Grin

maybe bitcoin developers will fix that soon.

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