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Topic: What's your biggest problem with Bitcoin - page 60. (Read 135106 times)

hero member
Activity: 1190
Merit: 500
February 28, 2016, 06:44:33 PM
still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
I think that's not a problem dude, you can convert it to a fiat to buy something, the problem is resolved
hero member
Activity: 518
Merit: 500
February 28, 2016, 05:47:21 PM
more than 6 hours. I have not received one confirmation. wtf sent to the exchanger. unlucky. whereas now the price is right to sell
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 28, 2016, 05:24:22 PM
For me it's the size of the blockchain.  Even with the exponential improvement of storage, computing power, and bandwidth.  Something that big simply won't scale and is not sustainable for the 100's of years that is expected of Bitcoin. 

That is true as well, how big is the blockchain now? I quit trying to use the bitcoin.org client, It takes too long to download, I heard even in high speed vps it takes about 3 days to download and that is insane.
member
Activity: 68
Merit: 10
February 28, 2016, 05:19:36 PM
For me it's the size of the blockchain.  Even with the exponential improvement of storage, computing power, and bandwidth.  Something that big simply won't scale and is not sustainable for the 100's of years that is expected of Bitcoin. 
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
February 28, 2016, 10:24:39 AM
still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.


That is true, but maybe, just maybe, years from now, there would be physical stores that might accept it, specially if someone that profit from bitcoin would start it in the community where they live..
hero member
Activity: 658
Merit: 500
February 28, 2016, 10:03:06 AM
The biggest problem is that you do not know what is going to happen. And that is difficult to expect when you must buy and sell it.
The value now is increasingly slowly and that is good for the most people that had made a investment.

There is also a chance that is can fall too. But the chance is very low.
I think. it's not a big problem, and the price fluctuations that are difficult to predict. a special unit of bitcoin, you have to know about it, before joining the bitcoin
so when fluctuations occur, you would not consider it as a problem anymore
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 27, 2016, 11:35:11 PM
I would have to agree with most people, its the block confirmation times that gets me a little upset.

But the thing with bitcoin that gets me P/O is the requirements of Exchanges that need a million documents for USA members (althought not bitcoin fault, just these crazy laws)

Although the other problem I have is yet again not bitcoin itself, its this forum which is where 99% of bitcoins (new and old) search and trade and this forum is just a cest pool of scams :-( - Honest New people could be tricked and its just horrible.
sr. member
Activity: 420
Merit: 250
February 27, 2016, 11:34:08 PM
If I had to point one issue I have with bitcoin, it is definitely transaction times. I wish the bitcoins I send were confirmed to the sender's wallet a lot faster. The amount of time for an individual to receive bitcoin is a little longer than I would like it to be.
I also worry about it. it can make people would not be interested in bitcoin. is it possible be fixed?
legendary
Activity: 1596
Merit: 1011
February 27, 2016, 11:19:28 PM
still not many people willing to accept bitcoin. let alone for about buying daily needs. it was quite difficult.
hero member
Activity: 588
Merit: 500
February 27, 2016, 11:01:25 PM
If I had to point one issue I have with bitcoin, it is definitely transaction times. I wish the bitcoins I send were confirmed to the sender's wallet a lot faster. The amount of time for an individual to receive bitcoin is a little longer than I would like it to be.
newbie
Activity: 14
Merit: 0
February 27, 2016, 09:49:24 PM
The biggest problem that I have with bitcoin is the transaction times. Most of the time I have to wait like half an hour for my transaction to go through.

There was one occasion where I had to wait 3 hours. Also a lot of websites require more than 1 confirmation which is soo annoying as it normally takes over 1 hour.

Another thing that also worries me about bitcoin is the security. I've seen some occasions where people's accounts have got hacked and their money stolen. Online wallets are convenient but dangerous for your balance.
hero member
Activity: 854
Merit: 500
February 27, 2016, 08:27:15 PM
My biggest problem i send my btc to wrong address Sad
hero member
Activity: 994
Merit: 500
February 27, 2016, 04:45:27 PM
IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.

I would like the bitcoin to be niche now. So that I can be one of the pioneers. After I invest, it will be big.

A niche for what?

Anyway my main concern is the wallet. It's just not logic for common people to send money to 12523523523 or so.
Also the wallets needs some graphical improvements. The current layout is just so outdated.
sr. member
Activity: 378
Merit: 250
February 27, 2016, 04:44:00 PM
My biggest problem with Bitcoin is the transaction times. It just really pisses me off when I need to send Bitcoin fast and it takes ages to go through.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 27, 2016, 03:26:04 PM
IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.

I would like the bitcoin to be niche now. So that I can be one of the pioneers. After I invest, it will be big.
full member
Activity: 224
Merit: 100
February 25, 2016, 06:21:54 PM
The biggest problem is with Bitcoin that you never know what to do. I always think when should I buy it or sell it.
Because you dont know how it will happen later in the future and that is not good. You should just have to take the risk if you do something.
wtf you can do everything with bitcoin mate. you can invest. looking for entertainment (women) exotiva.tv, shopping, etc. all you can do with bitcoin

Yeah, I think he is not aware about the benefits associated with bitcoins and that is the reason he is complaining about bitcoins, bitcoin is offering us variety of benefits, you just need to have a good research on it.
sr. member
Activity: 476
Merit: 250
February 25, 2016, 06:13:29 PM
The biggest problem is with Bitcoin that you never know what to do. I always think when should I buy it or sell it.
Because you dont know how it will happen later in the future and that is not good. You should just have to take the risk if you do something.
wtf you can do everything with bitcoin mate. you can invest. looking for entertainment (women) exotiva.tv, shopping, etc. all you can do with bitcoin
full member
Activity: 182
Merit: 100
February 25, 2016, 05:51:34 PM
My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.

This is the problem with majority of us as we are not sure when to buy it and when to sell it, but until you are a part of bitcoin, this problem would be definitely follow you.
hero member
Activity: 676
Merit: 500
February 25, 2016, 04:14:43 PM
My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I totally agree. You have to think twice, if any payment you've made today wouldn't be more/less profitable when done tommorow/yesterday etc.

Quote
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.

IMHO biggest problem is, that most of people haven't heard anything about bitcoin. It keeps growing, but still is somewhat niche.
hero member
Activity: 714
Merit: 500
February 25, 2016, 03:25:10 PM
My biggest problem with the bitcoin is that its pretty unpredictable, you never know what may happen with it these days.
I also find very annoying that the bitcoin has a very bad name because of the media, people are not using or accepting the bitcoin because of that, I think the bitcoin needs a better name to have a better future if you ask me.
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