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Topic: What's your biggest problem with Bitcoin - page 99. (Read 135106 times)

hero member
Activity: 560
Merit: 500
September 24, 2015, 02:12:31 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
September 24, 2015, 11:29:29 AM
transaction time is one problem... but not a big problem
hero member
Activity: 504
Merit: 500
September 23, 2015, 12:13:55 PM
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
full member
Activity: 210
Merit: 100
September 23, 2015, 02:09:43 AM
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.
full member
Activity: 134
Merit: 100
September 22, 2015, 09:05:08 PM
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???
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
September 20, 2015, 09:13:04 PM
All the manipulating to make a profit

Hopefully as the market cap goes up, manipulation will become more and more difficult.
legendary
Activity: 1168
Merit: 1049
September 20, 2015, 06:12:13 PM
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
hero member
Activity: 533
Merit: 500
September 20, 2015, 05:07:19 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
full member
Activity: 134
Merit: 100
September 19, 2015, 11:03:26 PM
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
legendary
Activity: 896
Merit: 1000
September 19, 2015, 10:09:47 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.
hero member
Activity: 756
Merit: 500
September 19, 2015, 09:59:42 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
hero member
Activity: 728
Merit: 500
September 19, 2015, 09:26:16 PM
Lack of adoption I hope with time will be better. Bitcoin is only 5 years
legendary
Activity: 1470
Merit: 1002
September 19, 2015, 06:37:01 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.
sr. member
Activity: 280
Merit: 250
September 19, 2015, 06:23:54 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...
legendary
Activity: 1470
Merit: 1002
September 19, 2015, 03:10:23 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.
hero member
Activity: 784
Merit: 500
September 19, 2015, 02:26:13 PM
the problem of me with btc is and was ponzis and lack of knowledge about btc.and now the decrease of the price.
hero member
Activity: 924
Merit: 1000
September 19, 2015, 02:23:06 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
legendary
Activity: 1316
Merit: 1000
September 19, 2015, 01:18:35 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.

legendary
Activity: 2674
Merit: 2965
Terminated.
September 18, 2015, 06:50:56 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.

(as a trader)
I hate this period stable price
i can make nothing from trading with a stable price
it is really annoying  Angry Angry
That's not really directly related to Bitcoin, but rather it's market. Besides it isn't really stable either.
member
Activity: 98
Merit: 10
September 18, 2015, 06:46:38 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 Angry
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