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Topic: What's your biggest problem with Bitcoin - page 38. (Read 135104 times)

hero member
Activity: 868
Merit: 1000
day by day transactions are getting slower just like my last transaction for today it takes 11 hours to confirm and received in my wallet and that transaction is unconfirmed till 10 hours,

Oh man that is really crazy, which wallet are you using? I have never faced that problem my transactions gets confirmed in max 20 mins.
hero member
Activity: 490
Merit: 520
day by day transactions are getting slower just like my last transaction for today it takes 11 hours to confirm and received in my wallet and that transaction is unconfirmed till 10 hours,
Did the transactions have decent fees attached to them? Because it seems like one of your issues with waiting times that long are likely because the miners have no incentive to confirm that transaction.

Personally, I haven't had an issue with long confirmation times in excess of something like 30 minutes, so I have no idea why yours would be bordering on half of a day's worth of time.
full member
Activity: 168
Merit: 100
day by day transactions are getting slower just like my last transaction for today it takes 11 hours to confirm and received in my wallet and that transaction is unconfirmed till 10 hours,
hero member
Activity: 938
Merit: 1000
My biggest problem with Bitcoin is that I cannot use it my own country the stores over here do not accept them. I hope that this is going to change fast in the future because it would really help me out allot.

That is the problem of majority of us that we cannot spend it anywhere, but I dont view it as a problem as its an opportunity for me to save my coins for future.
sr. member
Activity: 322
Merit: 250
My biggest problem with Bitcoin is that I cannot use it my own country the stores over here do not accept them. I hope that this is going to change fast in the future because it would really help me out allot.
hero member
Activity: 644
Merit: 509
maybe this time I have started to fret to hold bitcoin I have, I always wait halving but it never happened. am I impatient? maybe I'll hold my bitcoin longer

halving occurred two months away, if you can not wait you can grow it in other ways and do not have to wait for a higher price, because it takes a long time, especially you do not have good patience
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
maybe this time I have started to fret to hold bitcoin I have, I always wait halving but it never happened. am I impatient? maybe I'll hold my bitcoin longer
sr. member
Activity: 350
Merit: 250
My biggest problem with Bitcoin is that sometimes the price is stable again when that happens the price does not move and stays the same for a long time. When this happens making money is not a option with Bitcoin.
I also do not like that when that is happening, It gets in the way of making money and I am not the type of person that likes to wait.
I almost decided a couple of times that I would quit with Bitcoins.
hero member
Activity: 501
Merit: 500
Too difficult to mine  Wink
hero member
Activity: 658
Merit: 500
My biggest problem with Bitcoin is that sometimes the price is stable again when that happens the price does not move and stays the same for a long time. When this happens making money is not a option with Bitcoin.

The stability in price is not the problem for bitcoin or any of its users but the stability brings more benefits for its users, as with that more people will start relying on bitcoin and with that more opportunities will be there to earn bitcoin, and one thing we have to note that the price increase is not the only way to earn money(bitcoin).
legendary
Activity: 1624
Merit: 2481
The only thing i dont like is the confirmation time which can take up to 1-2 hour in worst case..
im fine with 10 minutes standard.
hero member
Activity: 490
Merit: 500
The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.
yeah remain calm you will find the different situations in the future. I know today we still find it difficult to use bitcoin and use them physically it is a shared problem.
bitcoin I'm sure the future will be more accepted in the community and traders
legendary
Activity: 1526
Merit: 1179
my problem with bitcoin is the majority of people using bitcoin, are using it as an "easy" investment,
that they then start moaning when the price is not moving (upwards)

the more bitcoin is being used as a trading investment, the less interest the general public will have.
As bitcoin is then explained to newbies as an investment instead of its practicaility being explained
The majority of people do not care for investments,
they go to work, they get paid, they spend what they earned, and go back to work again.
we need to explain how such people can use bitcoin, without mentioning it as an investment
or telling them it will make them rich in the future
but show them the here and nows, so they can first get an idea why to use.
I agree with the fact that a lot people expect too much from the price and that when it doesn't go up fast enough they get bored and start complaining. That's indeed annoying.

The best thing of Bitcoin is that everyone is free to use Bitcoin how they want. If one person want to use it solely as an investment tool, then it's great for that person.

If another person prefers to only use Bitcoin to use as a currency for spending purposes, then again it's great for that person.

Best is to only focus on yourself when it comes to using Bitcoin. If you focus too much on others you'll get annoyed for nothing.
sr. member
Activity: 714
Merit: 250
The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.
Yes indeed because bitcoin digital currency is very reasonable so do not have a physical form.
Maybe my problem is I never transfer bitcoin and pending for a few days and it was very disturbing to me once.
legendary
Activity: 2170
Merit: 1427
The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.

We are more and more living in a world where there won't be much place for physical currencies anymore. And beside that, Bitcoin will only get physical if you stick the private key to a Gold or Silver coin. But then still you'll need an internet connection in order to spend it.


The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.

It will really change in the future, as the US government now is implementing the RFID or cashless transactions, with just a swipe away or
scanning of code they can easily pay their products for just seconds, and I think they will try to consider bitcoin on it.

You can already use Bitcoin as form of payment by simply scanning a QR code which completes the transaction in a matter of seconds. And if it ever comes to a government accepting Bitcoin as form of payment (which I don't think will happen), then it will be through a third party payment service.
member
Activity: 98
Merit: 10
my problem with bitcoin is the majority of people using bitcoin, are using it as an "easy" investment,
that they then start moaning when the price is not moving (upwards)

the more bitcoin is being used as a trading investment, the less interest the general public will have.
As bitcoin is then explained to newbies as an investment instead of its practicaility being explained
The majority of people do not care for investments,
they go to work, they get paid, they spend what they earned, and go back to work again.
we need to explain how such people can use bitcoin, without mentioning it as an investment
or telling them it will make them rich in the future
but show them the here and nows, so they can first get an idea why to use.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.

It will really change in the future, as the US government now is implementing the RFID or cashless transactions, with just a swipe away or
scanning of code they can easily pay their products for just seconds, and I think they will try to consider bitcoin on it.
hero member
Activity: 952
Merit: 1000
The biggest problem for me with bitcoin is that I am not able to spend  it physically but I am sure things would be different in future.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.
If you are someone who need fast and almost instant transactions in order to take care of whatever it is they are working on, then yes, i agree. However personally i am in no rush, and if it means i have to wait a few hours to send money to my wallet, I don't mind
hero member
Activity: 490
Merit: 520
My problem is the lack of people interested in using it, and how the community can be toxic and cringy when trying to get people involved with Bitcoin and getting them to start accepting it as a form of currency.

I would enjoy Bitcoin a lot more if I had the ability to go and walk down the street and pay for a pizza or soda at my local convenience store, but I'm fine with that not being something I can perform for the time being.
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