I have no problem with bitcoin, but I just wish ther well be more stores that accept bitcoins.
Or that they are more atm for bitcoins.
Topic: What's your biggest problem with Bitcoin - page 88. (Read 135083 times)
The best part of bitcoin is that it is decentralized, we need the consensus from the community to make a decision. But that is also the biggest problem, it takes too long to reach a consensus.
Too bad bitcoin ATMs aren't everywhere!
Bitcoin ATM's here too are not everywhere but it's easy to do withdrawing btc to money. No hassle and fast.
Are those type of services not present on your country?
My biggest problem with bitcoin is the method of obtaining. Maybe i just have bad luck, but I have had issues with this for the entire time I have been using bitcoin. Even with circle, a site that allows you to "instantly buy" has small limits, and their support is terrible. If something does go wrong, have fun waiting a week to get an answer that more than likely won't even solve your problems.
Too bad bitcoin ATMs aren't everywhere!
Too bad bitcoin ATMs aren't everywhere!
One of the biggest problem with bitcoin is the confirmation time.
This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I am thinking transaction time as well as spammers in bitcoin are the biggest problem as I guess. for simple and small also It takes too much of time to get transaction and We didn't any privacy to stop scammers. We need solution for that too.This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I would be waiting for hours for a single confirmation, completely messing up any purchases made at that time.
Transaction comfirmation time is a biggest one for me... sometimes I have to wait 1 minute or less, and most time 3h+
One of the biggest problem with bitcoin is the confirmation time.
This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I am thinking transaction time as well as spammers in bitcoin are the biggest problem as I guess. for simple and small also It takes too much of time to get transaction and We didn't any privacy to stop scammers. We need solution for that too. This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
I am starting to know about bitcoin so for now I don't have any problem about it.
I just want that bitcoin won't go down anymore.
I just want that bitcoin won't go down anymore.
Bitcoin going not going down, means that you won't be able to buy bitcoin for that low of a price anymore. Which makes it harder to earn a solid bitcoin if you're going to do signature campaigns in the future.
I can see why a lot of people are wanting this to happen, especially the people who are holding a bunch of bitcoins at the momen.
I am starting to know about bitcoin so for now I don't have any problem about it.
I just want that bitcoin won't go down anymore.
I just want that bitcoin won't go down anymore.
-snip-
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
Are you really that concerned that you can't keep your private keys to your self in a safe somewhere? If I were you I would consider looking into creating a cold/paper wallet to ensure you have no worries about being hacked. Also the main selling point for Bitcoin is the "decentralization" factor, they want to have a currency backed by something other than trust in the government/central banks.
My big problem is its pseudonymity features, and doesn't really act as s digital "cash". Most people who first get into Bitcoin believe that if they use them, for whatever purpose, that they would become completely anonymous in their transactions, which is not always the case.
ohh sorry I m not very concept with decentralization, my problem in first time i know bitcoin my blockchain.info get hacked and i lose my money
it's diffirent with paypal system, i can get refund if i have problem with my transaction (get hacked)
There should be some sort of Fix for change addresses when emptying paper wallets because this can be potentially disastrous.
Why? For me, I use mycelium which automatically sends change back to the address. When using client like Electrum, change from imported addresses are sent back to origin. 
My main problems with it are, it's a bit tricky to get your head round how it works and how to use it for the majority of people who aren't that computer savvy.
There should be some sort of Fix for change addresses when emptying paper wallets because this can be potentially disastrous.
Is 's too hard to buy and sell, or at least I had difficulty in the UK.
Not enough vendors.
There should be some sort of Fix for change addresses when emptying paper wallets because this can be potentially disastrous.
Is 's too hard to buy and sell, or at least I had difficulty in the UK.
Not enough vendors.
One big problem that i have with the bitcoins is that it has not been integrated with lots of financial institutions. This makes it harder for someone to make withdrawal of the coins they have made with much easy. I was thinking if you guys came up with an integration platform hat will enable people channel the coins directly to their bank accounts. It will make it easy for a common trader to have his or her profits at the comfort of the living room.
It's possible today and here in our country, our local exchange wallet is the third party.
Anyways look like in your country you are having a hard time withdrawing the money converted from bitcoin.
One big problem that i have with the bitcoins is that it has not been integrated with lots of financial institutions. This makes it harder for someone to make withdrawal of the coins they have made with much easy. I was thinking if you guys came up with an integration platform hat will enable people channel the coins directly to their bank accounts. It will make it easy for a common trader to have his or her profits at the comfort of the living room.
One of the biggest problem with bitcoin is the confirmation time.
This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
This because nobody can know exactly when the a transaction will be confirmed.
Because we have seen many attacks or 'stress test' to the network which thousands of transaction are not confirmed.
Basically the biggest problem is being a pioneer. When you are a pioneer, you feel a little bit alone sometimes, and misunderstood. But being ahead of the pack was never something easy, so I like to look at the positives and think that what im doing now will be understood long the line. Future kids will ask their parents: didn't you see the necessity of Bitcoin? And I will be one of the few that got it in the early stages.
Rob Siltanen
“Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.”
love it, wouldnt be anything else
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.
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.
security is a massive issue for newbies, i remember being heart scared to even login to my blockchain.info wallet incase i messed something up. thankfully i have came on abit since then and use only paper wallets now for savings, however even thats an issue the average joe is never gona make and secure paper wallets. lol
another issue i see for limiting adoption is bitcoin addresses, like lets face it you cannot memorize them and typing them in to a wallet is deadly. we need to get to a point where they arnt even seen or thought about. for mass adoption i think we need to get to a point where the address is either your mobile phone number or your social security number. or some other piece of informatio that people already know.
theres 2 point to start with, there are many more, but we ill get there keep up the good work
Basically the biggest problem is being a pioneer. When you are a pioneer, you feel a little bit alone sometimes, and misunderstood. But being ahead of the pack was never something easy, so I like to look at the positives and think that what im doing now will be understood long the line. Future kids will ask their parents: didn't you see the necessity of Bitcoin? And I will be one of the few that got it in the early stages.
I don't have a problem with bitcoin for now. I just don't like that is not that safe.
But who care money is money that you can earn a lot if it increase the price.
But who care money is money that you can earn a lot if it increase the price.
-snip-
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
Are you really that concerned that you can't keep your private keys to your self in a safe somewhere? If I were you I would consider looking into creating a cold/paper wallet to ensure you have no worries about being hacked. Also the main selling point for Bitcoin is the "decentralization" factor, they want to have a currency backed by something other than trust in the government/central banks.
My big problem is its pseudonymity features, and doesn't really act as s digital "cash". Most people who first get into Bitcoin believe that if they use them, for whatever purpose, that they would become completely anonymous in their transactions, which is not always the case.
ohh sorry I m not very concept with decentralization, my problem in first time i know bitcoin my blockchain.info get hacked and i lose my money
it's diffirent with paypal system, i can get refund if i have problem with my transaction (get hacked)
-snip-
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
my 2nd problem is about "decentralization system" so if my address get hacked ican't do anything
Are you really that concerned that you can't keep your private keys to your self in a safe somewhere? If I were you I would consider looking into creating a cold/paper wallet to ensure you have no worries about being hacked. Also the main selling point for Bitcoin is the "decentralization" factor, they want to have a currency backed by something other than trust in the government/central banks.
My big problem is its pseudonymity features, and doesn't really act as s digital "cash". Most people who first get into Bitcoin believe that if they use them, for whatever purpose, that they would become completely anonymous in their transactions, which is not always the case.
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