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Topic: What's your biggest problem with Bitcoin - page 54. (Read 135106 times)

full member
Activity: 560
Merit: 100
my biggest promblem is very hard to reach BTC1btc  Grin Cheesy
legendary
Activity: 1260
Merit: 1008
my biggest problem with bitcoin is that my activity is openly observable on the blockchain and the history of my coins may someday effect their value.
full member
Activity: 205
Merit: 100
so far i dont get big problem with bitcoin,still easy to use and make some transaction,just sometime delay within some hours,its normally and rare to happen in transaction,good respons for bitcoin developer,i hope bitcoin long life and keep on good price.

Yeah, price will increase in future for sure, and many of us think that price fluctuation is the problem with bitcoins, but if there is no fluctuations then bitcoin will be not attractive as it is today.
legendary
Activity: 1050
Merit: 1001
so far i dont get big problem with bitcoin,still easy to use and make some transaction,just sometime delay within some hours,its normally and rare to happen in transaction,good respons for bitcoin developer,i hope bitcoin long life and keep on good price.
full member
Activity: 1246
Merit: 116
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.

for example for me (and i think also other people) the value of bitcoin it's the fun part of it. I'm talking like this because of course i'm not a big hodler nor i have thousand of bitcoin. I agree whit you that some people may be scared from the volatility

Average earning person will always be scared of the price volatility as it is his hard earned money, and if price falls down he have a fear of loosing everything, and for him that small investment would be worth in millions.

That's why to conquer that he must eager to learn how to ride the price fluctuations and play with it. If they will just stuck in the mindset like that they will never progress.

Yes, I think they should get used it as price fluctuation will always follow bitcoin, and if you cannot afford to accept the reality then you should just quit or find any alternative option.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
This is not a major problem but this is linked to the price movement.

Panic selling: This has many reasons to happen. Example is to get profits and others are worried so they will exit.

This kind of minor problem is really challenging. It gives thrills in every trading moves.
hero member
Activity: 1470
Merit: 655
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.

for example for me (and i think also other people) the value of bitcoin it's the fun part of it. I'm talking like this because of course i'm not a big hodler nor i have thousand of bitcoin. I agree whit you that some people may be scared from the volatility

Average earning person will always be scared of the price volatility as it is his hard earned money, and if price falls down he have a fear of loosing everything, and for him that small investment would be worth in millions.

i don't think how much people earn has to do anything with this.
whether or not people invest in bitcoin depends on their way of thinking. for example if they are risk takers or has any experience in any kind of trading then they will jump at the opportunity but if they are scared with no knowledge of markets whatsoever they stay away in fear and miss out.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.

for example for me (and i think also other people) the value of bitcoin it's the fun part of it. I'm talking like this because of course i'm not a big hodler nor i have thousand of bitcoin. I agree whit you that some people may be scared from the volatility

Average earning person will always be scared of the price volatility as it is his hard earned money, and if price falls down he have a fear of loosing everything, and for him that small investment would be worth in millions.

That's why to conquer that he must eager to learn how to ride the price fluctuations and play with it. If they will just stuck in the mindset like that they will never progress.
full member
Activity: 196
Merit: 100
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.

for example for me (and i think also other people) the value of bitcoin it's the fun part of it. I'm talking like this because of course i'm not a big hodler nor i have thousand of bitcoin. I agree whit you that some people may be scared from the volatility

Average earning person will always be scared of the price volatility as it is his hard earned money, and if price falls down he have a fear of loosing everything, and for him that small investment would be worth in millions.
sr. member
Activity: 532
Merit: 253
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.

for example for me (and i think also other people) the value of bitcoin it's the fun part of it. I'm talking like this because of course i'm not a big hodler nor i have thousand of bitcoin. I agree whit you that some people may be scared from the volatility
newbie
Activity: 20
Merit: 0
The biggest problem that I have with Bitcoin is that you never know what can happen with the value and that is quite bad.
You must take risk to have some actions and that is not good. You can be for sure if you are going to sell or buy it.
legendary
Activity: 1484
Merit: 1004
You better not tell your parents that you are using Bitcoin and what purposes you are suing it for. It will make your life easier if your family doesn't know what you are doing.
lol do you think your family will stop you because using bitcoin? it looks like it was foolish. when I became a parent. for bitcoin does not provide for the loss of my family I will not forbid it.
so the family is not an important issue with the use of bitcoin
some people think bitcoin can harm your life same like what happened to my neighbor.
previously i told him about bitcoin and he looks interested and start buying bitcoin and spend it everything went well.
after a few months his parent tell me to stay away from him and stop teaching useless stuff about bitcoin/internet because he hangout all day long in front of his computer and almost never get out of his room. too bad just my experience.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
The problem that I am facing at a moment is that I can't find a single shop in my country where I can spend my bitcoins directly, and that makes me worried that what if the scenario doesn't change in future, will I always have to be dependent on fiat?

Things will change in future mate, do not worry, just have faith in bitcoins and just we need to give some time to it grow and scenario will change in future.

Hopefully that becomes a reality in future but the reason why you don't see a shop around is because a lot of people are either unaware, so what you can do is try to educate them whenever you can, like when you go to buy something, ask them if they accept BTCTC, that will at-least spark a discussion as to what is and you explain it to them. Another reason is that it is still in a grey area and therefore service providers are a little hesitant in accepting it.
So right now though bitcoin users to add, but there are still many who do not know about bitcoin, it's a problem for us. If bitcoin few people who know it will affect the development and it must be overcome in order to be more advanced bitcoin.
That you can never know what will happen in the future. The value is hard to predict and that is the problem.
You must take risks if you want to invest it and that is the problem. You can also lose some money and that is not good.
hero member
Activity: 658
Merit: 500
You better not tell your parents that you are using Bitcoin and what purposes you are suing it for. It will make your life easier if your family doesn't know what you are doing.
lol do you think your family will stop you because using bitcoin? it looks like it was foolish. when I became a parent. for bitcoin does not provide for the loss of my family I will not forbid it.
so the family is not an important issue with the use of bitcoin
member
Activity: 77
Merit: 10
You better not tell your parents that you are using Bitcoin and what purposes you are suing it for. It will make your life easier if your family doesn't know what you are doing.
hero member
Activity: 714
Merit: 528
The biggest problem is I am not getting support from my family as they feel that bitcoin is used for illegal and criminal activities and they think that I am mainly earning it so that I can use it for gambling  Grin
Well,they were right that bitcoin can be used for illegal activities
But your parents forgot that Fiat can be used to the same activities as well Wink
Don't be scared of using bitcoin as long as you did nothing wrong with it Wink

P.S you're not using it for gambling right Roll Eyes
sr. member
Activity: 714
Merit: 250
The problem that I am facing at a moment is that I can't find a single shop in my country where I can spend my bitcoins directly, and that makes me worried that what if the scenario doesn't change in future, will I always have to be dependent on fiat?

Things will change in future mate, do not worry, just have faith in bitcoins and just we need to give some time to it grow and scenario will change in future.

Hopefully that becomes a reality in future but the reason why you don't see a shop around is because a lot of people are either unaware, so what you can do is try to educate them whenever you can, like when you go to buy something, ask them if they accept BTCTC, that will at-least spark a discussion as to what is and you explain it to them. Another reason is that it is still in a grey area and therefore service providers are a little hesitant in accepting it.
So right now though bitcoin users to add, but there are still many who do not know about bitcoin, it's a problem for us. If bitcoin few people who know it will affect the development and it must be overcome in order to be more advanced bitcoin.
hero member
Activity: 812
Merit: 1000
The problem that I am facing at a moment is that I can't find a single shop in my country where I can spend my bitcoins directly, and that makes me worried that what if the scenario doesn't change in future, will I always have to be dependent on fiat?

Things will change in future mate, do not worry, just have faith in bitcoins and just we need to give some time to it grow and scenario will change in future.

Hopefully that becomes a reality in future but the reason why you don't see a shop around is because a lot of people are either unaware, so what you can do is try to educate them whenever you can, like when you go to buy something, ask them if they accept BTCTC, that will at-least spark a discussion as to what is and you explain it to them. Another reason is that it is still in a grey area and therefore service providers are a little hesitant in accepting it.
legendary
Activity: 1526
Merit: 1001
Today, the biggest problem about Bitcoin is block size. As soon as it is resolved and transactions start to go through immediately in x10 or x100 size - the price and usage will burst dramatically.

the size of the block will be completed soon. halving will occur and the consequences ininadalah to get bitcoin prices higher. I think this is an issue that will mencipatkaab a later enjoyment. think positive.
legendary
Activity: 1218
Merit: 1007
Today, the biggest problem about Bitcoin is block size. As soon as it is resolved and transactions start to go through immediately in x10 or x100 size - the price and usage will burst dramatically.
Well it will definitely make it harder for spam attacks to be successful, and there will definitely be the capability to allow for the transactions that would come from wider adoption.
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