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Topic: What's your biggest problem with Bitcoin - page 41. (Read 135083 times)

legendary
Activity: 1246
Merit: 1049
My biggest problem on bitcoin was when i didn't bought enough of it after reaching a low price of $280. I regret that i didn't buy anything eventhough i have the money on my pocket. Wish that i could go back in time and bought many precious bitcoins then afterwards sell it when halving occur.
sr. member
Activity: 364
Merit: 250
My biggest problem with Bitcoin is that you dont know sometimes what to do and that is the problem and that can be risky also because sometimes you are making also the wrong choices.
But people that already started to use Bitcoin is risky because Bitcoin itself is a currency.

So you need to take some risks if you want to earn profit with Bitcoin.
legendary
Activity: 1946
Merit: 1137
The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Roll Eyes
Also, a currency needs to be stable, so everyone can use it without worry.
yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price.

No it's bad if a currency is a stable. It's better to have some pretty fluctuations because it can boost economical growth of a one country. And besides if we are to talk in bitcoin, with this price fluctuation we can able to make profits rather than keeping it as a stable one.

i agree but the stability means small changes and not huge rises and falls like going up to $1000 in a month and come back to $500 and so on. if this huge volatility stops then bitcoin can become more of a currency rather than just an investment.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Roll Eyes
Also, a currency needs to be stable, so everyone can use it without worry.
yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price.

No it's bad if a currency is a stable. It's better to have some pretty fluctuations because it can boost economical growth of a one country. And besides if we are to talk in bitcoin, with this price fluctuation we can able to make profits rather than keeping it as a stable one.
legendary
Activity: 1316
Merit: 1145
The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
That's because bitcoin is currency, not stocks or gold which always rising Roll Eyes
Also, a currency needs to be stable, so everyone can use it without worry.
yes I think this is a common thing in the currency. but may also have a big problem if bitcoin prices stable for too long at a very low price.
sr. member
Activity: 420
Merit: 250
The biggest problem I have with Bitcoin is when the price is not moving. When this happens Bitcoin is just to boring and nothing is happening. The option to make money at that moment is just not possible.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
My biggest problem with Bitcoin would have to be that there's a lot to learn with it. It's not as easy as sending an email or spending/receiving fiat. It can't help with user adoption.

I think that's not even a problem, it is a must thing before you are going to use bitcoin. Just like you are going to other country you must know their culture, nature and as well as their currency.
It is our responsible to learn to the things we are getting into, just like bitcoins.
legendary
Activity: 3472
Merit: 10611
My biggest problem with Bitcoin would have to be that there's a lot to learn with it. It's not as easy as sending an email or spending/receiving fiat. It can't help with user adoption.

actually learning about bitcoin (as just a user who wants to use bitcoin) is super easy. you don't need to learn about all those technical stuff like how does bitcoin, blockchain, mining, ... work. an end user just have to learn a couple of simple things (which can be skipped even if you use something like coinbase.com)

it is just like using credit cards, do you know how they work?
hero member
Activity: 532
Merit: 500
As of now i dont have biggest problem with bitcoin but my problem is many people are still destroying bitcoin image more ponzi sites are releasing month by month..
agreed to prevent it by not using sites Ponzi, invest and so on increasingly being used will appear more and more other sites.
yeah there is a lot of investment that grows in bitcoin. there are many kinds of investments. any ponzi, hyip etc.
I think that's not a problem because all of the bitcoin is been allowed. you know bitcoin is decentralization. so all the risk is on yourself
hero member
Activity: 1540
Merit: 507
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 problem is the hyip sites or other investment sites that scamming again and again  Sad but i love bitcoins  Grin
You need to be carefull and giving more attention for this. Not to easy believe with HYIP sites or etc. HYIP and Scammer site offer how easy to earn some bitcoin with full amount,non risk and other offer to make their potential victims believe with it.
newbie
Activity: 46
Merit: 0
My biggest problem with Bitcoin would have to be that there's a lot to learn with it. It's not as easy as sending an email or spending/receiving fiat. It can't help with user adoption.
sr. member
Activity: 420
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.
my problem is the hyip sites or other investment sites that scamming again and again  Sad but i love bitcoins  Grin
hero member
Activity: 714
Merit: 500
I've only transferred my BTC from one address to the other several times, and the only problem seems to be the slow transaction time. Something could be done to make it faster, so you wouldn't feel nervous if you did something wrong during the transaction process. That's one thing that needs some improvement.
sr. member
Activity: 303
Merit: 250
A lot of people are reporting they are having their computers hacked and their bitcoins stolen.
This is becoming a regular occurrence now a days. Are people just not taking the proper actions to not have this done to them or are the hackers becoming more prevalent at what they do?  

I have never faced this issue in my life, you need to take proper care at initial stage, and I think bitcoin wallet are very safe and its not that easy to steal your coins.
sr. member
Activity: 392
Merit: 250
transaction times slow when using a small fee. I do not understand . I use a third party service. and the transaction does not go in for some time.

More often now then ever, blocks are reaching its 1MB size:
https://tradeblock.com/bitcoin/

Thus, there is no space for all transactions. So you need to pay higher fee to have a greater chance of being included in the next block.
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
A lot of people are reporting they are having their computers hacked and their bitcoins stolen.
This is becoming a regular occurrence now a days. Are people just not taking the proper actions to not have this done to them or are the hackers becoming more prevalent at what they do?  
member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
I think something that has happened with me is I can visit this thread every other month and claim something new.
Maybe thats my issue that I keep running into issues and nothing is ever stagnant long enough to breathe.
Always something happening in bitcoin.
hero member
Activity: 1638
Merit: 505
transaction times slow when using a small fee. I do not understand . I use a third party service. and the transaction does not go in for some time.
hero member
Activity: 658
Merit: 500
As of now i dont have biggest problem with bitcoin but my problem is many people are still destroying bitcoin image more ponzi sites are releasing month by month..
agreed, to prevent it by not using sites Ponzi, invest and so on. increasingly being used will appear more and more other sites.

Yeah majority of sites are ponzis and it creates negative impression of bitcoin in the minds of the people but you need research before you invest your coins in any site.
hero member
Activity: 826
Merit: 1000
As of now i dont have biggest problem with bitcoin but my problem is many people are still destroying bitcoin image more ponzi sites are releasing month by month..
agreed, to prevent it by not using sites Ponzi, invest and so on. increasingly being used will appear more and more other sites.
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