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Topic: What's your biggest problem with Bitcoin - page 63. (Read 135083 times)

legendary
Activity: 3248
Merit: 1070
February 23, 2016, 06:46:03 AM
Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.

fee are more of a problem in the future than confirmation time, because fee will be higher with great adoption, confirmation time it's only upo to the merchants to accept zero fon tx
full member
Activity: 168
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 23, 2016, 06:45:52 AM

Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

if you think that bitcoin is much related to illegal actions. it seems you already believe in the hoax media. Did you ever see someone commit a crime with bitcoin?

agree. if you already know a lot about bitcoin, you would not talk that bitcoin easy to hack
Thats true, even we don't know who is doing or how they are doing. we are just talking about the illegal action without any confirmation.
legendary
Activity: 1372
Merit: 1008
February 23, 2016, 06:26:29 AM

Disagree. It's up to people if they will believed that bitcoin is easy to hack. If they will learn more about bitcoin, probably they will not think about that.

And bitcoin is money so any associated crimes, negative/bad news, illegal activities etc. that money involves can also be happened in bitcoin.

Yeha but bitcoin is really linked to huge scamming parties you got to admit that...

if you think that bitcoin is much related to illegal actions. it seems you already believe in the hoax media. Did you ever see someone commit a crime with bitcoin?

agree. if you already know a lot about bitcoin, you would not talk that bitcoin easy to hack
hero member
Activity: 560
Merit: 501
February 23, 2016, 06:16:57 AM
Confirmations are fine when paying online, because your order is shipped hours later anyways. But it is a problem when buying a drink or in a supermarket.
full member
Activity: 120
Merit: 100
February 23, 2016, 06:10:59 AM
for me the biggest one is transaction comfirmation times, like for many others.. sometimes it takes few minutes and sometimes hours...
to send it yes, but not to pay with it. 0 confirmation payments are fine, I have done it several times in restaurants and the payment is always done after 3 seconds or less!
legendary
Activity: 840
Merit: 1000
February 23, 2016, 05:58:15 AM
but that could be a big problem when you shop something with online shopping service, because the shopping don't done when they don't accept money, if it takes that much time, then might be they don't accept order,,
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
February 23, 2016, 05:50:23 AM
for me the biggest one is transaction comfirmation times, like for many others.. sometimes it takes few minutes and sometimes hours...

But not always. And even my previous transactions really suffers a long confirmation time it's just fine because one thing for sure it will arrive in my bitcoin wallet 100%.
sr. member
Activity: 249
Merit: 250
February 23, 2016, 05:36:11 AM
for me the biggest one is transaction comfirmation times, like for many others.. sometimes it takes few minutes and sometimes hours...
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
February 23, 2016, 05:26:52 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.

How can you become in the list of a good traders if that problem is blocking your way? Learn to adopt that problem and make some ideas how to cover those.

That is usual in bitcoin price so that is really not a problem. No risk No gain.
full member
Activity: 168
Merit: 100
February 23, 2016, 05:16:28 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.

Biggest problem? I think it also happen when you invest in stock or forex Roll Eyes
But, experienced trader or investor don't find it as biggest problem though.

That is the general problem of many investment products. One problem related to bitcoin is that the developers have conflict of interests.
sr. member
Activity: 476
Merit: 250
February 23, 2016, 05:16:05 AM
The biggest problem with the bitcoin is that it takes a long time before the payment has been confirmed, I really hate it, it sometimes make the bitcoin really slow if you ask me.
I think if they make that faster the bitcoin would be perfect to use.
legendary
Activity: 1218
Merit: 1000
February 23, 2016, 05:05:16 AM
My problem with bitcoin is its volatility.
when i have fiat to exchange to BTC it rises.
but when i sell my BTC its falling Lol.
LOL. it's the same as me, the problem I got is the same as it was, if I sell bitcoin prices are always good, but if I save bitcoin prices always go down, we seem in hate by statistical price increase bitcoin  Cheesy
hero member
Activity: 1148
Merit: 527
February 23, 2016, 04:57:34 AM
The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
Yes, unlike shares that I own, I am not sure about bitcoins as if they lose in the long run, my all investments in bitcoin would be worth nothing and I want any service or assurance that I would get back a percent of my earnings at least if I own a big amount of bitcoins after few years even if it has no value.
hero member
Activity: 592
Merit: 500
February 23, 2016, 04:56:41 AM
My problem with bitcoin is its volatility.
when i have fiat to exchange to BTC it rises.
but when i sell my BTC its falling Lol.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
February 23, 2016, 04:51:29 AM
I dont like to see this constant volatility. It attracts only scammers and speculators. I would expect it to become less obvious during 2016, especially in case market cap increases significantly.
hero member
Activity: 490
Merit: 500
February 23, 2016, 04:27:39 AM
The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
LOL
bitcoin users continues to grow. you just need to be patient to see the world of online shopping sites start accepting bitcoin, and all follow it, it has already begun, many sites who accept bitcoin. in real life too well. bitcoin surely will slowly spread
hero member
Activity: 714
Merit: 500
SkyFall
February 23, 2016, 04:15:40 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.
legendary
Activity: 1288
Merit: 1036
February 23, 2016, 03:41:17 AM
The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.
It's not only value and the lack of adoption that is the biggest problem with bitcoins but it is the security factor that is a problem for me. I am unsure if bitcoins would be worthy to own after 5-10 years and it may or may not have any value.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
February 22, 2016, 11:44:21 AM
The biggest problem with Bitcoin is that you cant pay in many stores on the world. There is only a few.
I hope later that it will be more later and that more people will use it in the future. Another problem is that you cant know what the value is.

Also, what do you mean by "Another problem is that you cant know what the value is"? Bitcoin price?

Well probably the bitcoin price is the one he is pointing out.

Ok here we are again, hard to guess bitcoin price is really not a problem. That's the reason we have pump and dumps. If there's no such thing as price prediction then definitely we can't make profit because no one will do the buy and sell method at first.
yeah thats why the value of bitcoin is not stable if there's no pump and dump there's no traders..
But if there's no trader's i think it may affect also the value of the bitcoin...so they are important.
legendary
Activity: 1526
Merit: 1179
February 22, 2016, 11:42:16 AM
My biggest problem about bitcoin is confirmation Sad
When i bet on gamble site  my deposit are too long to wait so my deposit gonna be delayed on time of betting

These are early signs of a gambling addiction. You better quit gambling!
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