Pages:
Author

Topic: What's your biggest problem with Bitcoin - page 34. (Read 135083 times)

hero member
Activity: 518
Merit: 500
My biggest problem is I can't spend it on local stores, whether it's online or offline. So, I have to sell it to fiat first if I want to spend it.
I hope in near future bitcoin is accepted as payment in here, that way I can use bitcoin more confinient.

Go for a bitcoin-powered debit card then. I've had no trouble spending that way. Still, I'm waiting for my local exchange to release their own line of btc-debit cards, as I can't use an international card for Uber just yet.
Yeah if you can not buy something with bitcoin in local stores or offline. You do not need to feel confused in this problem. I agree with you that you can make a bitcoin debit card dude the works like a debit card in general. the difference between you deposit using bitcoin not by fiat quite easy
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
To me problems are delay in transaction,lack of trusted mining site and most importantly the ups and down of the price.

Why do so many people talk about delays in transactions? I always adjust almost a minimum transaction fee and I never experience any delays. I must add that I never tried to transfer more than 1 Bitcoin, so maybe it's the issue bigger transactions.
legendary
Activity: 3752
Merit: 1217
Another problem is that there is so much gambling going on with bitcoins. It make people addicted more easily to gambling, since it is so easy to access a gambling site online with BTC.

There is not much to do with the Bitcoins, and in the long term people get bored. The supermarkets, pubs and restaurants don't accept them, and it is not easy to convert them to fiat. And always there is the threat of someone stealing your coins. Once the adoption increases, there will be much more options to spend your coins, and the addiction to gambling will decline.
newbie
Activity: 42
Merit: 0
To me problems are delay in transaction,lack of trusted mining site and most importantly the ups and down of the price.
hero member
Activity: 574
Merit: 500
Well, my biggest problem and the biggest upside of bitcoin is the irreversibility. Obviously that is both good and bad. I have got scammed many times by chargebacks, and many times when someone doesn't release the goods/services as promised.

Another problem is that there is so much gambling going on with bitcoins. It make people addicted more easily to gambling, since it is so easy to access a gambling site online with BTC.
legendary
Activity: 1232
Merit: 1029
Two problems for me but they are not big enough to make me stop using bitcoin
1.long confirmation delays
2.Not everyone use it(like pay pal for exapmle) but hopefully this will change in the future
How we can say, people are not liking bitcoins?
In my opinion, only those people who are not aware of bitcoin ecosystem, may not using it for their life. Once people come across about the advantages and features of with bitcoin, definitely they will start loving it.
newbie
Activity: 5
Merit: 0
Biggest problem right now is large number of unconfirmed transactions , block size should be increased. Many times no block is found in 1 hour duration.
sr. member
Activity: 854
Merit: 250
Two problems for me but they are not big enough to make me stop using bitcoin
1.long confirmation delays
2.Not everyone use it(like pay pal for exapmle) but hopefully this will change in the future
sr. member
Activity: 406
Merit: 250
My biggest problem with Bitcoin is that you have to wait a long time before something is going on with the price. When  I want to sell I have to wait months some time and that is not what I want.
legendary
Activity: 2170
Merit: 1427
Some times confirmation is too long , the last confirmation takes me 12 hours to recieve it.The other problem is there are too many scammers that wants my bitcoin. Ive been victimized ones and lost 0.3 btc, That day I put my self to be safe and invest properly

All things you mentioned aren't problems at all. Waiting 12 hours for your transaction to get confirmed is your fault. You should include an appropriate fee to get your transaction confirmed within 2 blocks. The fact that scammers are out to get your Bitcoins is also not the fault of Bitcoin. Bitcoin is money, so thieves are everywhere looking for ways to steal it. Don't put your money into something that looks too good to be true. Common sense is a very important good to have.
full member
Activity: 126
Merit: 100
The problem with Bitcoin is that you have to know that it have to be more acceptable and so they can spend it more also but you dont even know what will happen later with the Bitcoin.
The value of the Bitcoin is also the problem because it is really hard to predict the value of the Bitcoin and that is risky.
I cant decide if im going to exchange or not my btc into fiat. Cause im thinking what if bitcoin reaches 600 then ill loose some profit if exchange them ny now.
sr. member
Activity: 363
Merit: 250
The problem with Bitcoin is that you have to know that it have to be more acceptable and so they can spend it more also but you dont even know what will happen later with the Bitcoin.
The value of the Bitcoin is also the problem because it is really hard to predict the value of the Bitcoin and that is risky.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
My biggest problem about bitcoin is my mother knows bitcoin is scammed. Online work is scammed and all of earning in online is scammed. And my biggest fear about it if my mom knows the bitcoin is used by other bitcoin user in illegal buying of drugs, in illegal transaction. Thats all my biggest problem about bitcoin.
hero member
Activity: 532
Merit: 500
The main problem lies in the very large price volatility but about all sorts of scams helps normal head on his shoulders Wink
I think the fluctuation is a hallmark of bitcoin you can not say it as a problem dude. because a lot of people who can benefit greatly from these fluctuations ? so you should be able to take advantage of fluctuations into an profit. fluctuation is not a problem dude
hero member
Activity: 518
Merit: 500
My biggest problem is I can't spend it on local stores, whether it's online or offline. So, I have to sell it to fiat first if I want to spend it.
I hope in near future bitcoin is accepted as payment in here, that way I can use bitcoin more confinient.
I think it's not a problem mate you can still use a fiat to buy something? for bitcoin is still valuable and has a rate on fiat You can do anything with bitcoin although not shop directly with bitcoin. but you can convert it to a fiat very easily right? and you can buy anything

The biggest problem that you can make with Bitcoin is if you are greedy and the most people is that and that is bad so they are losing money because they dont sell it on the right moment.
Or some people are also making an wrong investment when they have to wait a long time if they can earn some profit with it.
we don't know when the price of bitcoin will stop in the upward trend so there are many people who think that "I have to be patient again and waiting for higher prices again" I think it's not greedy. they just want to earn more profits. it is a target in the trade. Reasonable if you're wrong in the calculation
sr. member
Activity: 420
Merit: 250
My biggest problem about bitcoin is about my confirmations, my last transaction time of waiting is 12 hours. My deposit is so late for the event . So thats my problem. ive keep experiencing that until now
yeah it sometimes happens to me too Sometimes I should waited more than six hours for my bitcoin could enter into a my other account. I don't know how to cope with this. I hope dev or anyone else can fix this. maybe I can do is add a fee but I do not much like it


But for me, confirmations isn't a problem at all. I'm not having problem with bitcoins today since I started using it, I didn't encounter any problem
to it, all the transactions went smoothly. I don't know guys why that problem is happening on you.

Well, for a gambler like me, who always deposit with bitcoin it's really important. Because i always missed the match when i want to bet and waiting the confirmation.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
My biggest problem about bitcoin is about my confirmations, my last transaction time of waiting is 12 hours. My deposit is so late for the event . So thats my problem. ive keep experiencing that until now
yeah it sometimes happens to me too Sometimes I should waited more than six hours for my bitcoin could enter into a my other account. I don't know how to cope with this. I hope dev or anyone else can fix this. maybe I can do is add a fee but I do not much like it


But for me, confirmations isn't a problem at all. I'm not having problem with bitcoins today since I started using it, I didn't encounter any problem
to it, all the transactions went smoothly. I don't know guys why that problem is happening on you.
hero member
Activity: 490
Merit: 500
My biggest problem about bitcoin is about my confirmations, my last transaction time of waiting is 12 hours. My deposit is so late for the event . So thats my problem. ive keep experiencing that until now
yeah it sometimes happens to me too Sometimes I should waited more than six hours for my bitcoin could enter into a my other account. I don't know how to cope with this. I hope dev or anyone else can fix this. maybe I can do is add a fee but I do not much like it
legendary
Activity: 1162
Merit: 1000
The main problem lies in the very large price volatility but about all sorts of scams helps normal head on his shoulders Wink
yes bitcoin prices are always experiencing instability. bitcoin is still trying to approach the broader financial markets. You can not predict how the price of bitcoin future. but you can predict that the price of bitcoin will be better.
hero member
Activity: 490
Merit: 500
I have no problems with bitcoin but i am so hate this confirmation delay, also i don't like that i can't use my money in different online shops, just want to bitcoin began working with this shops.
now I rarely get a delay or wait a long time to get one confirmation probably less than 20 minutes. yeah maybe for some people who are not patient. of course it's a very long time in waiting
I don't know how to overcome this problem I can only be patient

Pages:
Jump to: