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Topic: What's your biggest problem with Bitcoin - page 50. (Read 135083 times)

RBF
full member
Activity: 212
Merit: 114
I don't have problems with Bitcoin, however, I think that the modus operandi could be less complicated for people with limited knowledge of the digital world. This is the main reason for most of people not use bitcoins.
newbie
Activity: 42
Merit: 0
I think the only and biggest problem that i experience in bitcoin is slow speed in transaction.. if i send bitcoin to other wallet it took to 20 minutes before i receive it.. than paypal that you can receive the funds fast..
I hope they can increase the speed transaction in the future..

biggest problem with bitcoin is its lack of a smart contract functionality.  It is too easy to send bitcoin off for some goods or services and not receive those goods or services in return.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
I think the only and biggest problem that i experience in bitcoin is slow speed in transaction.. if i send bitcoin to other wallet it took to 20 minutes before i receive it.. than paypal that you can receive the funds fast..
I hope they can increase the speed transaction in the future..
member
Activity: 84
Merit: 10
Speed of transaction and image. Speed of 1 confirmation is to slow,if I have to purchase something and hang out for 10 minutes its never going to reach enough people. Imagine a back log of customers waiting to leave in a store but needing to wait 10 minutes.
The image of pedophiles,drug dealers and terrorists is a public image disaster.
We need a group that helps push postive things in the community under a bitcoin umbrella that reflects in a postive manner.
full member
Activity: 169
Merit: 100
bitcoins are still only accepted by small group of online merchants..
if a wallet file is corrupted, nothing is there to recover it...
bitcoin system could contain unexploited flaws...
bitcoin price has ups and downs...
member
Activity: 98
Merit: 10
The biggest problem with Bitcoin is that you never know what will happen with the value of Bitcoin, so you must take risks with it.
And it is normal to take some risks if you want to make some profit with it, to make profit will be not that easy.

Yeah you are right. The price of bitcoin always change everytime, that's really big problem for me because it's always different when i sell or buy bitcoin.

You are both right that bitcoin doesn't have stable value. And we don't know what will happen on the next years with bitcoin. But we just need to believe bitcoins, since many people now are using it has true  value, exchange and it is true online money.
sr. member
Activity: 420
Merit: 250
The biggest problem with Bitcoin is that you never know what will happen with the value of Bitcoin, so you must take risks with it.
And it is normal to take some risks if you want to make some profit with it, to make profit will be not that easy.

Yeah you are right. The price of bitcoin always change everytime, that's really big problem for me because it's always different when i sell or buy bitcoin.
sr. member
Activity: 364
Merit: 250
The biggest problem with Bitcoin is that you never know what will happen with the value of Bitcoin, so you must take risks with it.
And it is normal to take some risks if you want to make some profit with it, to make profit will be not that easy.
full member
Activity: 210
Merit: 100
My biggestw problems with Bitcoin is that I never have enough of it.  Grin Seriously, the biggest problem are sudden and big ups and downs in the price, although that is not the case at the moment because it's pretty much stable
agree with you I also experienced a problem with the price ups and downs. for some reason when I want to sell my bitcoin.  the price be lower and a very long time to ride then after I sell directly price going rise
This maybe I out of luck lol
but I prefer stable prices


LOl.... The biggest problem for me is the transaction times. It takes quite a long time to send and receive money. On one occasion, it took 10 hours before the transaction went through.
hero member
Activity: 490
Merit: 500
My biggestw problems with Bitcoin is that I never have enough of it.  Grin Seriously, the biggest problem are sudden and big ups and downs in the price, although that is not the case at the moment because it's pretty much stable
agree with you I also experienced a problem with the price ups and downs. for some reason when I want to sell my bitcoin.  the price be lower and a very long time to ride then after I sell directly price going rise
This maybe I out of luck lol
but I prefer stable prices
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

What's new? What do you expect in bitcoin? Only used for legal activities?

You like the anonymity that bitcoin is giving you of course it includes all the criminals too. You will never changed that just deal with it.

The issue is that criminal can use any currency but why they prefer to use bitcoin is that you can trace the
transactions and hence cant trace the person who made that transaction. So its not the bitcoin problem, its the mind of the person using it in a wrong way.

Agree. And even without bitcoin there are lots of sources of income that those criminals will get. Bitcoin is just an additional money option for them. Well that's normal in this real world.

yes. For the time being, US dollar is the most widely used criminal money. But there is no ban of it.

It's true and still its continuing. The reason is no fixed regulations can be used over it as the usage in illegal transaction is very high. At times it might affect the economy.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

What's new? What do you expect in bitcoin? Only used for legal activities?

You like the anonymity that bitcoin is giving you of course it includes all the criminals too. You will never changed that just deal with it.

The issue is that criminal can use any currency but why they prefer to use bitcoin is that you can trace the
transactions and hence cant trace the person who made that transaction. So its not the bitcoin problem, its the mind of the person using it in a wrong way.

Agree. And even without bitcoin there are lots of sources of income that those criminals will get. Bitcoin is just an additional money option for them. Well that's normal in this real world.

yes. For the time being, US dollar is the most widely used criminal money. But there is no ban of it.
legendary
Activity: 2436
Merit: 1008
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

What's new? What do you expect in bitcoin? Only used for legal activities?

You like the anonymity that bitcoin is giving you of course it includes all the criminals too. You will never changed that just deal with it.

The issue is that criminal can use any currency but why they prefer to use bitcoin is that you can trace the
transactions and hence cant trace the person who made that transaction. So its not the bitcoin problem, its the mind of the person using it in a wrong way.

Agree. And even without bitcoin there are lots of sources of income that those criminals will get. Bitcoin is just an additional money option for them. Well that's normal in this real world.
full member
Activity: 154
Merit: 100
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

What's new? What do you expect in bitcoin? Only used for legal activities?

You like the anonymity that bitcoin is giving you of course it includes all the criminals too. You will never changed that just deal with it.

The issue is that criminal can use any currency but why they prefer to use bitcoin is that you can trace the
transactions and hence cant trace the person who made that transaction. So its not the bitcoin problem, its the mind of the person using it in a wrong way.
member
Activity: 61
Merit: 10
The biggest problem of bitcoin for me is that there's no official bank or community to look after the problems caused by it except the bitcoin development team which are barely on forum and following new issues or conversations. Transaction issues or wallet problems are sometimes ignored by the providers and due to lack of any official forum (there are many unofficial forums), people sometimes get cheated. This is a negative view of bitcoins and needs to be tackled correctly
legendary
Activity: 2436
Merit: 1008
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

What's new? What do you expect in bitcoin? Only used for legal activities?

You like the anonymity that bitcoin is giving you of course it includes all the criminals too. You will never changed that just deal with it.
sr. member
Activity: 882
Merit: 251
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...

Sad grow up your government use fiat for far worse crimes than regular people use bitcoin for Wink
member
Activity: 106
Merit: 10
I don't like how bitcoin is being used for all kinds of criminal activity, I understand it's not the fault of bitcoin but still is annoying...
sr. member
Activity: 250
Merit: 250
Slow confirmation time! Period.. it's just too annoying at times when you are waiting for the confirmation and your transaction just don't get in a block.
legendary
Activity: 2436
Merit: 1008
My biggest problem is not really a problem.

Because now that Im really involved in bitcoin, almost most of my time, I focused on seeing the daily price since Im a trader.

This is tiring because I have my office job too. But the thrill here is, it's exciting!
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