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Topic: What's your biggest problem with Bitcoin - page 61. (Read 135106 times)

full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 25, 2016, 03:21:02 PM
it's not anonymous!!!

You have anything you need to hide for? Not suspicious at all.
newbie
Activity: 5
Merit: 0
February 25, 2016, 03:06:44 PM
it's not anonymous!!!
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 25, 2016, 02:48:49 PM
The problem with bitcoin is that it isn't accepted as widely as we'd like. Not yet anyway.
hero member
Activity: 2548
Merit: 605
February 25, 2016, 01:46:38 PM
The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.
My biggest problem with bitcoin was also transaction time. But now I set some 10k satoshi fee, then getting confirmation is just a block generating time. Before I used Electrum auto fee, but now I go manual fee setting.
legendary
Activity: 1176
Merit: 1024
February 25, 2016, 01:36:06 PM
my biggest problem with Bitcoin currently i can't spend it for buying my daily needs because not many stores adopt bitcoin as a payment in my country

This kind of problem have been a problem for a quite a time now. There are many who opens stores that accepts bitcoin but I dont think it also last for a long time. Risk in accepting bitcoin may be a problem for this kind of business.
Yes. Accepting bitcoin is pretty risky business. Because of fluctuating bitcoin prices. But for a believer on future of bitcoin, these fluctuating prices are not a concern or a problem. They will simply love it.
full member
Activity: 182
Merit: 100
February 25, 2016, 10:31:25 AM
The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.

Yeah sometimes the confirmation process is too lengthy and it becomes an irritation at the time of emergencies, it would be great if developers comes up with a valid solution to it.
legendary
Activity: 1204
Merit: 1028
February 25, 2016, 10:14:20 AM
The wait time needs to be shortened,thats about it for me. I feel like I found a band that no one knows yet and once they do I will go all hipster and look for a new one.
Yes currently this is the only probelm with bitcoin. Sometimes the transcations take very long time to complete. Maybe 24 hours to complete. Bitcoin developers need to find a way to solve this problem.
hero member
Activity: 1134
Merit: 515
February 25, 2016, 09:45:20 AM
My biggest problem was finding a Bitcoin domain name. It seems all of the decent .coms were already registered. I've just managed to pick up BitcoinUncovered.com though.
You are right. Finding a bitcoin related domain is pretty tough task. Because there are millions of bitcoin related domains have been registered and the more bad thing is almost 40% of these domain are don't have websites or don't have regular updates.
full member
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 25, 2016, 09:39:43 AM
My biggest problem with it is how difficult it is to keep it secure. Any slight human error could mean losing your Bitcoins either via an incorrectly created backup, or a security breech.

And that what it makes secure because hackers have to move carefully when infiltrating bitcoin wallets. And that is why many hackers now are using ransomware because they do not bother decrypting a well encrypted bitcoin wallet.
sr. member
Activity: 364
Merit: 250
February 25, 2016, 08:38:17 AM
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.
legendary
Activity: 2436
Merit: 1008
February 25, 2016, 07:21:17 AM
I got a new problem in gambling, this time I often lost the gamble, but despite losing I always keep playing with the hope to win, and in the end my money ran out, but now I try to stay away from gambling   Sad

Well that is not the problem with bitcoin. The problem here is you.

Learn new things to make you stay away from gambling but that will become only effective if you are eager to change.

sr. member
Activity: 464
Merit: 250
February 25, 2016, 07:18:06 AM
my biggest problem with Bitcoin currently i can't spend it for buying my daily needs because not many stores adopt bitcoin as a payment in my country
You have to move to Netherlands,  it was heaven of bitcoin, you can find many merchants like coffee shops accepting bitcoin.
There a lot of online store accepting bitcoin too, all you need are make your own research which one trusted and you might spend there.
Don't worry in a couple years the world would welcoming to bitcoin and this shouldn't be a big deal to find a place to spend your bitcoin.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 25, 2016, 07:02:27 AM
I got a new problem in gambling, this time I often lost the gamble, but despite losing I always keep playing with the hope to win, and in the end my money ran out, but now I try to stay away from gambling   Sad

Good decision, stay away from gambling, you would win at the initial stage, but at the end of the day you turn  up loosing, so its better not to gamble with your hard earned coins.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 25, 2016, 05:58:07 AM
I got a new problem in gambling, this time I often lost the gamble, but despite losing I always keep playing with the hope to win, and in the end my money ran out, but now I try to stay away from gambling   Sad
newbie
Activity: 14
Merit: 0
February 25, 2016, 05:22:37 AM
My biggest problem with it is how difficult it is to keep it secure. Any slight human error could mean losing your Bitcoins either via an incorrectly created backup, or a security breech.
full member
Activity: 168
Merit: 100
February 25, 2016, 05:12:38 AM
the problem I faced when using bitcoin is not all places that sell my needs every day accept bitcoin as a medium of payment. still need time to be able to accept bitcoin globally in their daily lives.

That is the problem for now. It will be solved when bitcoin become more popular and more accepted in the future.
legendary
Activity: 2436
Merit: 1008
February 25, 2016, 02:42:28 AM
the problem I faced when using bitcoin is not all places that sell my needs every day accept bitcoin as a medium of payment. still need time to be able to accept bitcoin globally in their daily lives.

Been a problem for quite some time. But give it some time. Bitcoin is still a child that is growing. And someday those stores will accept it and you will find yourself in a mall full of bitcoin accepted signs.

And yes expect some nice development while future aheads with bitcoin.

There are persons here who are having a hard time too finding some stores that directly accepts bitcoin but they managed to get some ways to solve that problem. Maybe you can ask your bitcoin community there.
legendary
Activity: 2940
Merit: 1083
February 25, 2016, 02:23:14 AM
the problem I faced when using bitcoin is not all places that sell my needs every day accept bitcoin as a medium of payment. still need time to be able to accept bitcoin globally in their daily lives.

Been a problem for quite some time. But give it some time. Bitcoin is still a child that is growing. And someday those stores will accept it and you will find yourself in a mall full of bitcoin accepted signs.
sr. member
Activity: 714
Merit: 250
February 24, 2016, 11:57:55 PM
the problem I faced when using bitcoin is not all places that sell my needs every day accept bitcoin as a medium of payment. still need time to be able to accept bitcoin globally in their daily lives.
Yes now the deployment of bitcoin is still not evenly distributed, not all places provide bitcoin payments. Maybe it takes time for bitcoin be known throughout the world and can be recognized by everyone.
sr. member
Activity: 252
Merit: 250
February 24, 2016, 11:01:20 AM
I think transaction confirmation and the competition of mining
its major problem,you can solve this,mining competition is miner and block rules,wait for consensuse,
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