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Topic: What's your biggest problem with Bitcoin - page 93. (Read 135106 times)

legendary
Activity: 3248
Merit: 1070
November 06, 2015, 03:11:37 AM
you can see it clearly what is the biggest problem with bitcoin, its unstability, can be easily manipulated, 450-360 in not time after a devastating pump in 3 days

people can trust this kind of thing, then you wonder why average joe aren't in yet...
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
November 06, 2015, 02:56:41 AM
Problem #1 with Bitcoin right now is buying it. In many countries, it's pretty much hard to do and localbitcoins.com is the only option which is not fastest and most convenient way + there are frequently no sellers around.
full member
Activity: 168
Merit: 100
November 06, 2015, 01:41:13 AM
My biggest proble with bitcoin is i cant talk about it how great it is since the most people i know doesnt know what is bitcoin.
yes sometimes we want to talk about bitcoin with our friends in the real life, but they do not know about bitcoin, its hurt  Embarrassed
legendary
Activity: 2100
Merit: 1058
November 05, 2015, 11:15:32 PM
not much, but my bitcoin often borrowed and not returned
I would say it can happen with any currency as long as its not reversible. Bitcoin in nature isn't reversible. The least you could do is to request collateral as an insurance for your coins.

Yes non-reversible is the main feature many people loves here. This is the basic characteristics of the centralized ecosystem. Because there won't be any central power authority for any dispute arises. This is the main feature many people loves and many people hates.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 05, 2015, 09:07:47 PM
not much, but my bitcoin often borrowed and not returned
I would say it can happen with any currency as long as its not reversible. Bitcoin in nature isn't reversible. The least you could do is to request collateral as an insurance for your coins.
sr. member
Activity: 392
Merit: 250
November 05, 2015, 06:50:47 PM
Im perfectly OK with Bitcoin, my only complains is the public ledger: I don't want my stuff to be public, so make it more anonymous. Oh and get more merchants so I can spend my coins.

Same here. Anonymity and poor financial privacy are also problem for me.
hero member
Activity: 560
Merit: 500
November 05, 2015, 03:19:42 PM
My biggest proble with bitcoin is i cant talk about it how great it is since the most people i know doesnt know what is bitcoin.
hero member
Activity: 546
Merit: 500
November 05, 2015, 02:57:56 PM
My problem with bitcoin is its confirmation time. I dont like waiting for a bit long  just to fully receive my bitcoins.

Would be great if I can receive and send bitcoins instanly without any confirmation Grin
legendary
Activity: 1204
Merit: 1028
November 05, 2015, 02:18:11 PM
Im perfectly OK with Bitcoin, my only complains is the public ledger: I don't want my stuff to be public, so make it more anonymous. Oh and get more merchants so I can spend my coins.
legendary
Activity: 2030
Merit: 1059
Wait... What?
November 05, 2015, 01:07:17 PM
biggest problem is convert to my currency, I'm pretty hard to change, because there is no exchanger that converts into my currency
I don't think there is any currency left in the btc market.Still which currency are you talking about?

My local currency, IDR. Any suggestion?
hero member
Activity: 700
Merit: 500
November 05, 2015, 12:58:42 PM
My biggest problem with Bitcoin is,I still can't use it freely and everywhere I want to do.I don't enough exchanges or easy way to trade it directly.Bitcoin should be easy to sell/buy from anywhere anytime.
legendary
Activity: 2030
Merit: 1059
Wait... What?
November 05, 2015, 12:53:28 PM
pretty much exchange it into my currency. I never tried it, though, since im still relatively new and still collecting btc.. But the only local exchanger I know needs a photo verification to complete my account, and I don't really like the idea of posting my photos
newbie
Activity: 56
Merit: 0
November 05, 2015, 12:43:00 PM
not much, but my bitcoin often borrowed and not returned
legendary
Activity: 2940
Merit: 1083
November 05, 2015, 12:38:01 PM
Problem with bitcoin? I guess it is the problem of the one using the bitcoin. For good or for bad? Regarding transfer it is faster for me than other money transfer company plus  you dont pay that much for it.

The problem will be the fluctuations. We dont really know what is happening there. Although we can predict it it is still risky specially for traders.

Another would be it is seen as a bad currency. Negative reactions for most people that you ask.
full member
Activity: 146
Merit: 100
November 05, 2015, 11:13:21 AM
It's extremely attractive to scammers and spammers
legendary
Activity: 1652
Merit: 1067
Christian Antkow
November 05, 2015, 10:59:17 AM
The biggest problem I have with Bitcoin is Theymos having so much control over dialogue.

Both Luke-Jr and Theymos are pretty cancerous to Bitcoin, long-term, IMO.
sr. member
Activity: 398
Merit: 250
November 05, 2015, 10:58:23 AM
Not any proper source of earn Bitcoin, also not know any job that pays in Bitcoin !
sr. member
Activity: 448
Merit: 250
Craig Wright is scammer.
November 05, 2015, 10:56:43 AM
biggest problem is convert to my currency, I'm pretty hard to change, because there is no exchanger that converts into my currency
I don't think there is any currency left in the btc market.Still which currency are you talking about?
hero member
Activity: 658
Merit: 500
November 05, 2015, 10:54:53 AM
biggest problem is convert to my currency, I'm pretty hard to change, because there is no exchanger that converts into my currency
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 05, 2015, 10:35:08 AM
Sometimes, it takes too long to complete a transaction. However that might be the case with several different currency transfers.

Yes it has happened when the stress test was done and in current price rally also we are forced to wait for conformation if we put medium optimal transactions fees. Soon, we can believe there would be solution for this.
Centralisation or larger block size. A service can allow the instant spending of Bitcoin without the use of blockchain but trust is required on it. Larger block size can be a solution as it increases the cost of the attacker spamming the network as more transactions can be accommodated into a block.
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