Topic: What's your biggest problem with Bitcoin - page 5. (Read 135104 times)
I read that my problem is not the only and I am not the only one that I have it. But yet I want to tell it. Because most we are and more hope it is to be resolved. It is the much time needed for the confirmation of one transaction. Must wait with the hart in the hand that one transaction be confirmed before something happen. So your bitcoins must be stolen with the duplicate transaction etc. So soon this problem be solved better it will be.
biggest problem is greedy local exchanges that charges too much for withdraws and for trades.
But it is not software's fault.
But it is not software's fault.
I hate all the people who use it for scamming. It is like bitcoin is made for scammers, instead of for us.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.
True it is caused by the fact that bitcoin is anonymous for the end-user, but there should come some party which monitor the market/scammers.
My biggest problem with bitcoin is there is no legitimate company that can be entrusted with alot of BTC because like others said the problem is security because most of these websites got hacked and sometimes we need to wait for 30 minutes in order for the transaction to get 1 confirmation which is annoying for me.
the only problem i had with bitcoin is that i got to know it late. i wish i had bitcoin knowledge back when it came, and yet i still don't have a complete knowledge about bitcoin. basically this problem is a "universal" problem. people only know that bitcoin is a digital currency but they don't know how to make it or the depth of a bitcoin. basically how much a bitcoin worth in dollars. so i think it should be more talked more often and people should be aware of bitcoin.
For me the biggest problem of bitcoin today, is its unstability of bitcoin, sometimes it rises upward or downward in a random manner, this is the biggest problem bitcoiners are having right now, and it is greatly affecting the economy.
That's a normal thing, bitcoin needs to have what you say because if it does not increase or decrease randomly, we will hardly have the opportunity to accumulate and make money, you should remember that this is an investment, wise people and a good strategy will earn money, people who do not adapt to this will lose money. So, your problem is not a big problem, the biggest problem I think is that the amount of bitcoin that has not been mined has become smaller, I do not know what will happen when that comes
high transaction fees is my major problem regarding btc cuz i do transfer small amount of btc or like when withdraw from exchanges that make it hard to lose btc just for those simple tasks since me and many other in here are small investors and for example if i want to transfer 100 $ btc to an exchange then trading it then withdraw it that will be a very bad idea and i will simply take loss and that discourage me from using btc so i use eth or wave
My problem in bitcoin is the transaction fee, it's because the price of it is very high. Your profit in bounty campaigns will be deducted by that transaction fee. The transaction of bitcoin was too much. I hope soon it will decrease, decrease until it won't take a quarter on your profit. And also one of my problem in bitcoin is when the price is low. It takes long time to regain it's high price in the market. But we also need to be patient. what comes easy wont last.
Actually, I don't have a problem with bitcoin. Transaction fees, price is changing are always there, so we can expect that. There is only one thing and my main problem is when the distribution of bounty is delayed. I don't know if this is connected with the concern of the author but for me, it is affected.
As for me waiting time needs to be reduced, that's all for me. I feel that I have found group which nobody knows and as soon as they make it, I will follow all hipster and I will look for new. It is true that we never can that can happen, but we very well know when to sell
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.
Why bitcoin price still unstable ?
If bitcoin can maintain it's price, I'm sure many people will use bitcoin rather than a gold as investment. Also bitcoin's security is still a problem that need to investigate with care
If bitcoin can maintain it's price, I'm sure many people will use bitcoin rather than a gold as investment. Also bitcoin's security is still a problem that need to investigate with care
To me the biggest issue is the wallet. While maybe it's not as true as people would lead you to believe, but it is just so complicating / daunting to set up. Now that i'm in it and used to it it's not a big deal, but it is a biggggg barrier to entry for less adapt computer users.
There is no financial motivation to run a core Bitcoin node that spends more resources to run and can not be used for the remaining user for rich people who are able to create large farms and get Bitcoin instead.
Bitcoin is the digital currency.The biggest problem of bitcoin price are so low.On other side some country don't know about bitcoin, they don't accept bitcoin.if you going in the market for shopping some they can't accept it.so that's the problem.
i think there is a problem which assumes bitcoin should be a widely adopted currency, used by the mainstream . This problem is large, but solving is easy. Most people only need to know how to use it. All currencies are complicated, like dollars, but once you use them a few times it feels like second nature. People will be a bit awkward using bitcoin at first, but they will get the hang of it. Most people don't know how U.S. dollars work either, they just know they can spend them, how to spend them, and if they are lucky, how to make them.
Another big problem is that governments can't control bitcoin like fiat currency. They can't print it up to go fight wars whenever they want (could be a good argument for bitcoin bringing peace). This is a problem because it's made bitcoin even more volatile, made bitcoin out to be a house of cards that the government flick over with one finger. The government is the elephant in the room full of bitcoin.
Another big problem is that governments can't control bitcoin like fiat currency. They can't print it up to go fight wars whenever they want (could be a good argument for bitcoin bringing peace). This is a problem because it's made bitcoin even more volatile, made bitcoin out to be a house of cards that the government flick over with one finger. The government is the elephant in the room full of bitcoin.
Except its higher transaction fee and all bad news about bitcoin, so far i dont have any problem about it.
I know they increase the fee because bitcoin price also increase, but they should decrease it a little more.
Because bitcoin is not that perfect, a problem will always occur but lets just support it. And lets all make bitcoin a best crypto in world.
I know they increase the fee because bitcoin price also increase, but they should decrease it a little more.
Because bitcoin is not that perfect, a problem will always occur but lets just support it. And lets all make bitcoin a best crypto in world.
For me the biggest problem of bitcoin today, is its unstability of bitcoin, sometimes it rises upward or downward in a random manner, this is the biggest problem bitcoiners are having right now, and it is greatly affecting the economy.
maybe its a problem only in time transactions, but all have advantages and disadvantages that we must understand as bitcoin users. many people complain about the lack of bitcoin like transactions that must wait for quick confirmation.
For me it is the the amount of scammers that are surrounded with bitcoin. It gives bitcoin a bad name and frightnes potential adopters/ companies to get started with bitcoin.
The way bitcoin works, leaves no dissatisfaction to me.
The way bitcoin works, leaves no dissatisfaction to me.
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