What's your biggest problem with Bitcoin - page 99.

MF Doom

hero member

Activity: 560

Merit: 500

Quote from: saturn643 on September 19, 2015, 10:26:16 PM

Lack of adoption I hope with time will be better. Bitcoin is only 5 years

lack of adoption as well as dwindling users. I strongly thing a lot of epople have stopped using btc after being scammed, losing too mcuh by "holding", or by simply realizing it doesnt benefit them all that much.

My other issue is that I strongly believe illegal uses (money laundering as seen on here with gift cards) is propping up the price. Take those poeple out of the equation and the user base shrinks significantly

klf

legendary

Activity: 1344

Merit: 1000

transaction time is one problem... but not a big problem

smith coins

hero member

Activity: 504

Merit: 500

The biggest problem with bitcoin is when the stress test came out.

Transaction get's stuck and not being confirmed for few days, and the deal stays pending.

Another "problem" is that i want the bitcoin(1 satoshi) in a physical coin in my pocked Tongue

MasterYii

full member

Activity: 210

Merit: 100

Quote from: sipredrica on June 26, 2015, 11:19:37 PM

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.

Well aside from I cant see it physically and I cant have it in the moment I want it. Also I cant use it to buy stuffs directly but it is fine because I understand that we are in time where people are still using the usual paper money.

asa.convex

full member

Activity: 134

Merit: 100

I got problem about the minimum fee for any amount of transaction tp make my transaction more faster to being confirm..
And how do i know if my wallet already have maximum security???

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Quote from: Sourgummies on August 21, 2015, 08:48:11 AM

All the manipulating to make a profit

Hopefully as the market cap goes up, manipulation will become more and more difficult.

bitcoin revo

legendary

Activity: 1168

Merit: 1049

the major problem of Bitcoin is probably lack of adoption.
and the main reasons of lack of adoption are probably ease of use and insufficient security

gripflierGO

hero member

Activity: 533

Merit: 500

Quote from: Sanjx on September 20, 2015, 12:03:26 AM

The biggest problems with Bitcoin that I encountered

It's hard to explain to anyone
The transaction time is instant but the confirmation time it takes too long to be confirmed
Lack of adoption of bitcoin as a currency

Correct. Confirmation time is the biggest problem with bitcoins as sometimes it might take hours and hours for the transaction to get confirmed, and sometimes it is done within fraction of seconds, but still there are many advantages associated with bitcoins, so it is better to avoid this problem of confirmation as bitcoins is helping us in many other ways. Grin

Sanjx

full member

Activity: 134

Merit: 100

The biggest problems with Bitcoin that I encountered

It's hard to explain to anyone
The transaction time is instant but the confirmation time it takes too long to be confirmed
Lack of adoption of bitcoin as a currency

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: ethought on September 19, 2015, 02:18:35 PM

I don't have any real problems with Bitcoin.

However, I do find not enough retailers accept bitcoin yet. I have suggested using Bitpay to several large retailers, but for some reason they are not interested. Given that they can get paid in fiat anyway when using Bitpay this puzzles me.

maybe they don't find it interesting enough as they don't think they'll get much revenue from it. the amount of people who are actually spending their coins is very low.

Hugroll

hero member

Activity: 756

Merit: 500

Quote from: fkvidar on September 19, 2015, 03:23:06 PM

Like many others i think the long confirmation is a big issue that bitcoin needs to improve and the the lack of adoption also

yep,bitcoin barely has any issues but this is probably the biggest one

saturn643

hero member

Activity: 728

Merit: 500

Lack of adoption I hope with time will be better. Bitcoin is only 5 years

lorylore

legendary

Activity: 1470

Merit: 1002

Quote from: adolf84 on September 19, 2015, 07:23:54 PM

My jokes answers :

1. I got problem how to get easy and big bitcoin beside take my gun infront of people that have alot of money on his Debit card Cheesy

Serious one :

1. Must need internet connection, how not to use internet when use bitcoin ask my personal currency and payment method...

2. Need more money if i want keep my bitcoin more safety like cold wallet... How not to use that??

3. Its annoying for me with very very very long btc address. Is there anyway that i can have address with only not more than 10 word??? So i can easily to remember...

1. That is true, but to receive you don't need internet connection Tongue

2. It is not so much expensive i think ledger hardware wallet costs around 25$
3. You can make an address book and store your most used addresses that you make transactions with them, or use Mycelium in mobile which has this feature.

adolf84

sr. member

Activity: 280

Merit: 250

My jokes answers :

1. I got problem how to get easy and big bitcoin beside take my gun infront of people that have alot of money on his Debit card Cheesy

Serious one :

1. Must need internet connection, how not to use internet when use bitcoin ask my personal currency and payment method...

2. Need more money if i want keep my bitcoin more safety like cold wallet... How not to use that??

3. Its annoying for me with very very very long btc address. Is there anyway that i can have address with only not more than 10 word??? So i can easily to remember...

lorylore

legendary

Activity: 1470

Merit: 1002

Quote from: fkvidar on September 19, 2015, 03:23:06 PM

Like many others i think the long confirmation is a big issue that bitcoin needs to improve and the the lack of adoption also

When you are in rush we think that it really takes long time, i don't like this feature too.
It is not like paypal which is instantly, but in other cases like the limits the verification that it requires bitcoin is much better.
And what i don't like is the bitcoin is going to be more and more centralized in future.

thinkinger

hero member

Activity: 784

Merit: 500

the problem of me with btc is and was ponzis and lack of knowledge about btc.and now the decrease of the price.

fkvidar

hero member

Activity: 924

Merit: 1000

Like many others i think the long confirmation is a big issue that bitcoin needs to improve and the the lack of adoption also

ethought

legendary

Activity: 1316

Merit: 1000

I don't have any real problems with Bitcoin.

However, I do find not enough retailers accept bitcoin yet. I have suggested using Bitpay to several large retailers, but for some reason they are not interested. Given that they can get paid in fiat anyway when using Bitpay this puzzles me.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: wearehatetherules on September 18, 2015, 06:41:56 AM

Sometimes i have waited like 3 hrs to get credit money into one of online shop account. That's the main problem i faced these days. Waiting time for confirmation.

This is not a problem with Bitcoin. The problem was caused either by: A) You; B) Merchant. Either you did not include a proper fee, or something was not right with the merchant. The last time that I bought something, the first confirmation was within 10 minutes.

Quote from: asad777 on September 18, 2015, 07:46:38 AM

(as a trader)
I hate this period stable price
i can make nothing from trading with a stable price
it is really annoying Angry

That's not really directly related to Bitcoin, but rather it's market. Besides it isn't really stable either.

asad777

member

Activity: 98

Merit: 10

(as a trader)
I hate this period stable price
i can make nothing from trading with a stable price
it is really annoying Angry

Topic: What's your biggest problem with Bitcoin - page 99. (Read 135083 times)