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Topic: What's your biggest problem with Bitcoin - page 35. (Read 135083 times)

hero member
Activity: 532
Merit: 500
My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
yeah and I needed a very long time to synchronize wallet one way out is to use another wallet dude.
maybe use electrum. yeah this is the best desktop wallet I think.
now I use two wallets. and one of them is electrum Cheesy


Yes, i also agree to the fact that you dont need to use bitcoin Core, if you have hard disk space issue. Besides Electurm,  Multibit is also a good desktop wallet. No matter which desktop wallets you use just be careful with the private Key. and make sure you do not lose it as you are using two desktop wallets at same time.
of course people have limited hard drive and bitcoin cores require very large memory allocation. so if your pc or laptop you have limited hard drive. I suggest using another wallet after all, you do not lose by it yeah for multibit or electrum. it depends on your preferences dude
legendary
Activity: 2142
Merit: 1012
The main problem lies in the very large price volatility but about all sorts of scams helps normal head on his shoulders Wink
hero member
Activity: 1372
Merit: 564
For me and in my experience  there are 2 big problems for me in bitcoin.First is i csnt get rid off scammers,too many scammers online.Second is the long confirmation especially on big transfer amount.Last time i send 0.18 btc takes almost half day to be confirmed.And when im on rush and i badly need bitcoin i requedt to my friend and its confirmations takes1-2 hours.
full member
Activity: 224
Merit: 100
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
sr. member
Activity: 420
Merit: 250
i think there is no big problem on bitcoin, Well if u think impossible  things to do with bitcoin that's big problem. Grin We earn and get profit on it. Soon we can buy grocery by bitcoin it will take some years to make. Learn to adopt with it not expect to make impossible things wit it. Bitcoin is just a cryptocurrency that lots of potential and not a real money to buy with. Smiley
yeah that's true, you don't have a problem if you have free income, bitcoin is a free income in your whole life, it's up to you if you want to lose your money in bitcoins it's your strategy how you manage your bitcoins  Grin
hero member
Activity: 938
Merit: 1000
The biggest problem is I cannot use it anywhere and cannot buy anything with it, so I am holding my coins for future and watch where the price lands in future.
bitcoin actually be used for anything, but it just depends on the pattern do you think, maybe you can sell bitcoin that you have or you change, so that it could be useful to you. for now I have no problems with bitcoin

Yeah whenever I am in need to money I simply convert it to fait money and spend wherever I want, and I don't think there is any problem in converting and then spending.
hero member
Activity: 1204
Merit: 500
The biggest problem is I cannot use it anywhere and cannot buy anything with it, so I am holding my coins for future and watch where the price lands in future.
bitcoin actually be used for anything, but it just depends on the pattern do you think, maybe you can sell bitcoin that you have or you change, so that it could be useful to you. for now I have no problems with bitcoin
legendary
Activity: 1372
Merit: 1005
The biggest problem is I cannot use it anywhere and cannot buy anything with it, so I am holding my coins for future and watch where the price lands in future.

I feel lack of adaption is the biggest problem for bitcoins. There are ways to make it usable everywhere. Like foldapp, there must be apps for all kind of people to use it for the day-to-day means of activities like retail purchase, offering to home less people and many others. This is the basic thing everyone spends money.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
The biggest problem is I cannot use it anywhere and cannot buy anything with it, so I am holding my coins for future and watch where the price lands in future.
member
Activity: 70
Merit: 10
The only real problem for me is the speed at which the confirmations of transactions are being made. The fluctuations I can live with since it means I cal practically earn doing nothing at all though it does entail some amount of risk.
hero member
Activity: 588
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.

Thats just an excuse of anyone not earning with bitcoin because of greediness. Its not a problem of bitcoin of course and its the problem of the person holding it. Making wrong investment is also not a problem of bitcoin. again if a person is not competent and cant figure between right and wrong investment site, whats the fault of bitcoins in it ?
legendary
Activity: 1372
Merit: 1005
i think there is no big problem on bitcoin, Well if u think impossible  things to do with bitcoin that's big problem. Grin We earn and get profit on it. Soon we can buy grocery by bitcoin it will take some years to make. Learn to adopt with it not expect to make impossible things wit it. Bitcoin is just a cryptocurrency that lots of potential and not a real money to buy with. Smiley

I would say the fluctuations. Obviously it's not bad when they go up but Every-time I decide to finally spend a bit of my coins to buy something I want the price falls which is really annoying so I don't bother as I feel like I'll be losing money using it.
hero member
Activity: 658
Merit: 500
Personally I don't have a problem with bitcoin. I think it is great that there is a way for young people at home to make a little pocket money to spend on their games ect..... I must commend bitcoin as they have expanded so much so soon.
probably because you're not like the users who use bitcoin as currency. so maybe you did not experience many problems
because I know some people who use bitcoin for investment or profit most people there just holding or trading.
so you maybe not find big problems
sr. member
Activity: 364
Merit: 250
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.
legendary
Activity: 3752
Merit: 1217
Yes maybe it is a very difficult problem.
Because if the government declares illegal bitcoin is very difficult to use.
So it is not even possible to use it.

It is not going to happen. Governments can't ban Bitcoin. If they want to ban Bitcoin, then they need to shutdown the entire internet to make that happen. This is one of the advantages with the digital currency. Use a VPN or Tor Browser, and avoid converting your coins to fiat. The government agents will be unable to prove that you are holding Bitcoins.
full member
Activity: 154
Merit: 100
My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
yeah and I needed a very long time to synchronize wallet one way out is to use another wallet dude.
maybe use electrum. yeah this is the best desktop wallet I think.
now I use two wallets. and one of them is electrum Cheesy


Yes, i also agree to the fact that you dont need to use bitcoin Core, if you have hard disk space issue. Besides Electurm,  Multibit is also a good desktop wallet. No matter which desktop wallets you use just be careful with the private Key. and make sure you do not lose it as you are using two desktop wallets at same time.
hero member
Activity: 532
Merit: 500
My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
yeah and I needed a very long time to synchronize wallet one way out is to use another wallet dude.
maybe use electrum. yeah this is the best desktop wallet I think.
now I use two wallets. and one of them is electrum Cheesy
sr. member
Activity: 714
Merit: 250
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.

Yeah I agree, My bigger problem if my country does not allow bitcoin in circulation. Because as many criminals and those who are not responsible to use bitcoin for negative activities. And it's my biggest problem. thank you
Yes maybe it is a very difficult problem.
Because if the government declares illegal bitcoin is very difficult to use.
So it is not even possible to use it.
jr. member
Activity: 85
Merit: 5
Crazy price peaks, maybe...
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
My biggest problem is the fact that Bitcoin Core takes a lot of place on hard drive, but that's not a major concern I think.

This is not the major concern absolutely.. if you are having problem with bitcoin core, you can use another wallet, Electurm is the best solution for this problem. electrum don't take lots of place and synced Immediately... for low quality internet and computers electrum is best wallet, also secured well.
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