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Topic: What's your biggest problem with Bitcoin - page 6. (Read 135104 times)

legendary
Activity: 1120
Merit: 1000
Right now higher transaction fees. However, many believe that with the rise of lightning network and abstraction of core layer of bitcoin, this could change the fundamentals. I am not technical expert to explain this but have been following the news for a while.
Yes higher transaction fee is a big problem but i think that it has a solution and that is that you should not sent partial payment to a person, but should try to send a big amount of bitcoin from one place to another, but to me i think the main problem is that now as my country passed a statement that banks will not all bitcoin or any other crytpo transaction so it has become difficult for me to withdraw my money from bitcoin. I think that government should take their decision back because it is effect the most of the people income.
newbie
Activity: 154
Merit: 0
Right now higher transaction fees. However, many believe that with the rise of lightning network and abstraction of core layer of bitcoin, this could change the fundamentals. I am not technical expert to explain this but have been following the news for a while.
full member
Activity: 845
Merit: 100
My biggest problem having bitcoin is yet to be used for transactions directly, even until now i have never bought or paid using bitcoin, i hope that devs. developed an easy way to use bitcoin.
member
Activity: 251
Merit: 20
My worst problem in bitcoin is getting scammed i always get scammed in bounty campaigns and airdrops. Another problema in bitcoin is there are limited things to do with it. Also the transaction confirmation times but even if i had those problems with bitcoin im still very thankful for what it thought me and all the profit I gained from it
newbie
Activity: 112
Merit: 0
For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.i know time will tell but that is my biggest issue right now.
newbie
Activity: 93
Merit: 0
Bitcoin is not a big problem. I have no big problems with bicoin, but I know that confirming the transaction is too late.
But I think this is not a big problem
full member
Activity: 238
Merit: 100
I do not have encounter any problems in bitcoin since i start to earn and to used it but all i can see the problem by eacg users is  the delay of confirming their transactions which is i think it is normal to have a delay in online transaction because there are more securities to ensure all transaction to be made is very secured.
member
Activity: 406
Merit: 10
What makes me most nervous about bitcoin is its constant price jumps. Every time there is a fear that this price drop is the last and you will lose all your money.
member
Activity: 322
Merit: 10
Now bitcoin has significantly fewer negative sides than before. The only thing left for bitcoin is to achieve stability, and it will be perfect.
sr. member
Activity: 562
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.

The system of bitcoin is not the issue of bitcoin itself. For me, I think it is what the news media writes about bitcoin that affects me. I know we cannot control them, just correct them as much as we could. But I hope bitcoin will be accepted totally because its system is perfect and really works well for its purpose. Whether as a payment method or tool for investment, bitcoin will definitely covers you.
full member
Activity: 364
Merit: 100
Technically, bitcoin is becoming more and more perfect, and I see it has one significant problem - the slow speed of its adoption as a currency.
newbie
Activity: 154
Merit: 0
I don't have any problems with bitcoin because i have learnd many different stuff befero joining crypto. When i have question i am asking people who already got something there.
sr. member
Activity: 532
Merit: 327
Currently the changes in the price. In December I had another problem - the huuuge fees, happily the fees are lower now.
sr. member
Activity: 714
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.

The only main problem of bitcoin as far as I experienced is the limit of the products and services I can avail. I know more industries pop out every now and then to open their market with bitcoin but I want to see more. I wish more people will understand and accept bitcoin as a currency it deserves. Bitcoin has a wonderful system that really has no issues or troubles that causes to me so far that's why I love bitcoin.
full member
Activity: 280
Merit: 100
the problem about bitcoins is the limited online shop and goods that can be purchased by using bitcoin because some of merchants don't know yet what is bitcoins and what bitcoins can do but they think of bitcoin as money it really isn't hard and also the confirmation of the transaction sometimes it always delayed and i don't know whats happening sometimes it takes upto 3-4 hours
sr. member
Activity: 364
Merit: 267
I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.
Well i totally dont have a big problem with bitcoin, my only problem with bitcoin is the value or the price of it is taking too long to increase ot pump, but that is only a small problem and my other problem is bitcoin is open for everyone so even.the criminals can used bitcoin.
I guess a lot of people consider that as a problem, the volatility of the price of bitcoin which is always changing where in you'll never know what the price might be in the next few days or months of waiting. But behind that problem there are also people who are getting benefited by it, like those who likes to invest in bitcoin or those people who do trading for a living, they are totally dependent with the volatility of the coin they are holding because that is where they get profit.
newbie
Activity: 134
Merit: 0
The thing which irritates me is the hunt for the control.People are willing to even destroy or dump the coin for their own benefits or to shine their altcoin, the same problem which was before bitcoin.
full member
Activity: 378
Merit: 100
I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.
Well i totally dont have a big problem with bitcoin, my only problem with bitcoin is the value or the price of it is taking too long to increase ot pump, but that is only a small problem and my other problem is bitcoin is open for everyone so even.the criminals can used bitcoin.
hero member
Activity: 728
Merit: 500
MenaPay - Crypto made easier than cash
I believe that the biggest problem of many BTC users is the possibility of spending it and changing it. For small amounts I think it's harder to spend it, at high amounts you can have problems also to change it.
newbie
Activity: 84
Merit: 0
My biggest concern with bitcoin (besides its economy of scale) is that it doesn't seem to be keeping up with the pace of technology.  In my opinion, it is becoming antiquated in comparison with some of the other alternatives presently available.  Turing capability and smart contract functionality is something that is needed and was discussed by original team members but has since been ignored.  I think that bitcoin needs to pick up its pace in order to compete, especially with what the R3CEV team might be working on.
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