What's your biggest problem with Bitcoin - page 57.

JAyThaRevo

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Quote from: DeDordtenaar on March 03, 2016, 07:29:36 AM

Quote from: justdimin on March 03, 2016, 02:16:35 AM

My biggest concern is its unpredictable fluctuation rate. For investors or people buying bitcoin, it can be a major drawback. I do not want to see value of my investments goes down basically.

it seems that the fundamental problem in bitcoin. before you join in bitcoin Surely you must know this risk. as they may be fluctuations will continue to happen during life bitcoin

Yeah, fluctuations will always follow bitcoin, but I don't see it as a problem, I think fluctuations are good to make some quick money, as price fluctuations allows us to do that.

DeDordtenaar

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Quote from: justdimin on March 03, 2016, 02:16:35 AM

My biggest concern is its unpredictable fluctuation rate. For investors or people buying bitcoin, it can be a major drawback. I do not want to see value of my investments goes down basically.

it seems that the fundamental problem in bitcoin. before you join in bitcoin Surely you must know this risk. as they may be fluctuations will continue to happen during life bitcoin

HarryKPeters

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The biggest problem is that you can never know what is going to happen in the future. And that is hard to predict for what you are going to do.
You must take risks and that is the problem. But you can now see that the value is slowly rising.

bitcoinbing

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Problems:

- Recent (classic/core) problems where transactions are hanging for more than expected - I can no longer and will no longer recommend bitcoin to anyone.
- Need to be very technical to use.

mkg96

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My problems with BTC:

- It is hard to get a decent amount of BTC! Either I have to spent so much time in the forum or doing services/faucets or play a dangerous game called trading which im not prepared to.
- It is a bit hard to get into it because so much information out there is kinda "technical" and there are some things I cannot understand even reading them thousands times Cry

chaser15

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Quote from: unixs_26 on March 03, 2016, 03:13:11 AM

so many problem with BTC ,
- transaction delay Angry

- advertise for bitcoin Angry

- legality
- trust exchange
- merchant

and much more.

- transaction delay
.. well it's normal and for now just deal with it.

- advertise for bitcoin
.. what do you mean by here? spreading bitcoin to anyone? well adoption stats today are better than the past years.

- legality
.. bitcoin legality? what country you from?

- trust exchange
.. just don't put all your eggs in one exchanges.

- merchant
.. depends on the location.

unixs_26

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so many problem with BTC ,
- transaction delay Angry

- advertise for bitcoin Angry

- legality
- trust exchange
- merchant

and much more.

ajun96

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Quote from: rickadone on March 03, 2016, 02:22:08 AM

Quote from: justdimin on March 03, 2016, 02:16:35 AM

My biggest concern is its unpredictable fluctuation rate. For investors or people buying bitcoin, it can be a major drawback. I do not want to see value of my investments goes down basically.

Fluctuating prices are one of my favorite thing about bitcoins. It gives me to earn big profits by trading either as a day trader when I see some bigger movements. I do not see that changing prices of bitcoin as a problem for myself, on the other hand I love it.

for most of them traders prefer fluctuations. because they can earn a lot of profit from it. but for many people using bitcoin to buy something. and ordinary users like me. of course I would prefer a stable price bitcoin

rickadone

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Quote from: justdimin on March 03, 2016, 02:16:35 AM

My biggest concern is its unpredictable fluctuation rate. For investors or people buying bitcoin, it can be a major drawback. I do not want to see value of my investments goes down basically.

Fluctuating prices are one of my favorite thing about bitcoins. It gives me to earn big profits by trading either as a day trader when I see some bigger movements. I do not see that changing prices of bitcoin as a problem for myself, on the other hand I love it.

zerowing

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driving me nuts when my transaction never confirmed.

justdimin

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My biggest concern is its unpredictable fluctuation rate. For investors or people buying bitcoin, it can be a major drawback. I do not want to see value of my investments goes down basically.

Pursuer

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my only problem with bitcoin has always been the time that it takes for one confirmation. with normal fees I have had at least 3 minutes and at most 12 hours and these days the normal fee should be much higher just to get high priority and wish for a 10 minute confirmation.

Quote from: Alaki on March 02, 2016, 08:56:00 PM

....
Neh, I'd disagree with your view(point). Increase the fee (1000B= 0.00011+Btc) & you'll get instant confirmations.
P.S.-> Anyway the biggest problem is illegal uses of bitcoin (by criminals) now a days I'd say.

illegal use of bitcoin is no more than illegal use of fiat. it is even way lower than that. the problem is the Media trying to show it the other way around.

Alaki

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Quote from: bonski on March 02, 2016, 08:17:20 PM

I think my biggest problem is the sending of your bitcoin to other wallets it takes long somehow to send your bitcoin wallet to other bitcoin wallets website.

Neh, I'd disagree with your view(point). Increase the fee (1000B= 0.00011+Btc) & you'll get instant confirmations.
P.S.-> Anyway the biggest problem is illegal uses of bitcoin (by criminals) now a days I'd say.

bonski

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I think my biggest problem is the sending of your bitcoin to other wallets it takes long somehow to send your bitcoin wallet to other bitcoin wallets website, I'm hoping that somehow they will improve it to instant payment / transaction of sending bitcoins.

betohell

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Quote from: zerowing on March 02, 2016, 08:52:03 AM

Confirmation time is the biggest issue.

yeah I also feel like you. even 1 had time to feel annoyed. for a very long time confirmation. how to fix it ?

crazyearner

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Biggest problems I face is the following.

Blockchain size. Takes far too long to download even on 100Meg connection to download. Even using torrent, importing takes far too long. Needs to be compressed made much smaller for the average person to be able to download and lots of people I know have limited storage and bandwidth that deters them from using main wallets like core.

Crashes. From the last versions of core from 0.10 and above do not work nice on my SSD get to load about 90% of blockcahin data and crashes and then re scans and indexes.

Biggest problem I would say is it being used for scams or people getting scammed then seeing more bad news about it is a massive problem and business that where using it stop using. Or governments make stupid rules and regulations up to ban and stop use of it. If all of this stopped and more was done and better regulation and governments having a much better understanding of Bitcoin it would solve a lot of problems and would make Bitcoin much stronger for becoming mainstream.

That's my 2 satoshis.

simplelife888

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Quote from: zerowing on March 02, 2016, 08:52:03 AM

Confirmation time is the biggest issue.

This is problem for me too when i see in my walled unconfirmed transaction long time this make me angry because i should wait and i cant do anything for it

RealBitcoin

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Quote from: LoyceV on March 02, 2016, 04:42:49 PM

Quote from: zerowing on March 02, 2016, 08:52:03 AM

Confirmation time is the biggest issue.

A year ago I would get 1000 sat or even zero fee transfers confirmed within one or just a few blocks. Currently 10,000 sat is not even enough to get a confirmation within 10 hours. In my opinion this can only be solved by allowing more transactions per second, which means either larger blocks or more blocks.

Yout gotta thik about miners too, electricity aint cheap with all those nasty taxes on it.

The fee market is rising and thats just how economy works.

LoyceV

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Quote from: zerowing on March 02, 2016, 08:52:03 AM

Confirmation time is the biggest issue.

A year ago I would get 1000 sat or even zero fee transfers confirmed within one or just a few blocks. Currently 10,000 sat is not even enough to get a confirmation within 10 hours. In my opinion this can only be solved by allowing more transactions per second, which means either larger blocks or more blocks.

Cointed

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Oh ok, surprise me

I dont know at least 1 Exchange which "IS or WAS" never under a DDOS attack or anything like that.

So that is the Main Part of the Problem, as long as Hacker try to Hack it Wink

always every Live-Trade-Bitcoin-Core Exchange Site will be down
to secure their Funds.

I am not sure but please tell me which one you are thinking or using.

Greetings

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