What's your least favorite thing about Bitcoin? - page 16.

shane

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Quote from: Arcteryx on July 15, 2016, 08:48:43 PM

It is easier for some one to steal your bitcoins then it is to steal your fiat money.
Since this is the reason alot of people are avoiding using online banking due to this fact.
It is easier for cyber criminals to steal your personal information and bank account details then it is to get into your safe in the floor. Wink

easier ? are you sure steal bitcoin is easy ?
if im use paper wallet no people can touch my bitcoin, no people can steal it, no people can freeze it, no people can know my address except i share my paper wallet.

CEOKEY

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I favorite to see the value it brings to me. Fairly new instead of using conventional currencies.

BlackPanda

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bicoin gave the ease and speed daam every trsaksi I do. I can conduct transactions wherever and whenever I am. This gives me experience that bitcoin is a very useful technology.

Arcteryx

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It is easier for some one to steal your bitcoins then it is to steal your fiat money.
Since this is the reason alot of people are avoiding using online banking due to this fact.
It is easier for cyber criminals to steal your personal information and bank account details then it is to get into your safe in the floor. Wink

pearl11

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Cause it is anonymous, a lot of online stores already accept it as payment method .
Easy to use than other payment processors.

Strongkored

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Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

things I love about bitcoin is its convenience, plus the bitcoin transaction also very fast and instant. And the most important is keamananya, because I think bitcoin can not be stolen, but in the world of bitcoin lot of fraudsters Sad

hermanhs09

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I really hate the amount of scamers everywhere.
Luckily,there are not so many on this forum,but in deepweb,and across the bitcoin industry,there are just too many ways to get scammed.

JeffBrad12

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Quote from: sana54210 on July 12, 2016, 03:28:54 AM

Quote from: hermanhs09 on July 08, 2016, 02:45:56 PM

Quote from: cambda on July 08, 2016, 11:42:30 AM

Quote from: xIIImaL on July 08, 2016, 08:44:52 AM

Quote from: marcuslong on July 08, 2016, 08:32:09 AM

Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.

That is what i was saying,in the bitcoin case price volatility is a great thing for most of persons using bitcoin,
except as i said,big whales,who have a big deposit,so their actual value of deposit will change very fast.

The big whales are actually making profits by trading with it, so true. They buy 10 bitcoins and then sell them once price rise by 100 usd, this way they make 1000 usd profits. I think if someone has patience and more money he is best suited for bitcoins trading as they can trade with high volume more over they can take more risks too.

In my opinions, the trading is a main jobs for the whales. because this they can playing the price as they wish. Well, the main weapon for trading to get a much profit is patiently and big funds it's will perfect to fall into trading. i want to try this but i don't have much funds to try this. Cool

nururochac

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Quote from: Wandering Soul~ on July 12, 2016, 04:49:18 AM

Other sites offering tasks in exchange for earning dollars are paying high rates even though it is a simple task like viewing ads on the other hand sites that offering simple tasks in exchange for bitcoins are paying really low to the point that is time consuming and you earn just a little amount but the referral thing is great if you have 50+ pips

I think they see bitcoin as an underrated coin that's why they give task with cheap payments. People are so abusive and taking advantage with others, they know that other users wants to earn bitcoin that's why they grabbing the chance to have a task with low payment.

Wandering Soul~

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Wolf

Other sites offering tasks in exchange for earning dollars are paying high rates even though it is a simple task like viewing ads on the other hand sites that offering simple tasks in exchange for bitcoins are paying really low to the point that is time consuming and you earn just a little amount but the referral thing is great if you have 50+ pips

sana54210

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Quote from: hermanhs09 on July 08, 2016, 02:45:56 PM

Quote from: cambda on July 08, 2016, 11:42:30 AM

Quote from: xIIImaL on July 08, 2016, 08:44:52 AM

Quote from: marcuslong on July 08, 2016, 08:32:09 AM

Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.

That is what i was saying,in the bitcoin case price volatility is a great thing for most of persons using bitcoin,
except as i said,big whales,who have a big deposit,so their actual value of deposit will change very fast.

The big whales are actually making profits by trading with it, so true. They buy 10 bitcoins and then sell them once price rise by 100 usd, this way they make 1000 usd profits. I think if someone has patience and more money he is best suited for bitcoins trading as they can trade with high volume more over they can take more risks too.

useless4

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Quote from: funbarrel on July 10, 2016, 01:07:01 PM

my least favorite thing is that bitcoin price is changing all the time and i dont like it as i lose some money with it

the same for me, i dont like all those ups and downs to be honest and i think that it would be better if the price was stable, i think my least favorite thing is long confirmation times

setupbounds

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Quote from: hermanhs09 on July 08, 2016, 11:35:12 AM

Quote from: xIIImaL on July 08, 2016, 08:44:52 AM

Quote from: marcuslong on July 08, 2016, 08:32:09 AM

Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

I cannot agree with that,i mean you are right in some cases,but well...
When someone got's small deposit bitcoin is great for him because price fluctuates so hard that he can make pretty much a big profit.

But, what about those who buy like 10 bitcoins to make profits and then the price goes down ? they might feel cheated but actually if they have patience then surely they can make much much more profits, as soon or later but price will go higher yes even to moon also but for sure.

worhiper_-_

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My least favorite thing in btc is that some transactions just take a lot of time to get verified..
Nevertheless all the other things are good..

leonix007

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Quote from: cluit on July 10, 2016, 03:21:09 AM

Quote from: xIIImaL on July 08, 2016, 08:44:52 AM

Quote from: marcuslong on July 08, 2016, 08:32:09 AM

Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

Yes though price can go up and down, but actually people think that the current value of bitcoins is peak value and the price will just go down. Hence they hesitate to invest their money into bitcoins.

Yeah, I do take the risk and buy at a high price around 700$ unfortunately the price today isn't going high enough for the past 7 days, I am worried that the price right now will continue to fall, hopefully will not, I am planning to withdraw this as long it reaches at least 699 above, just hopin for it.

hermanhs09

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Quote from: lightyard12 on July 10, 2016, 07:04:35 PM

My least favorite thing about BTC is that you can easily lose your funds if you send to the wrong address.

I dont know why you think this is something wrong.
It is the same like you would transfer money to the wrong bank address,it is just your mistake,
and you did it,you cannot blame anyone about it,am i right?

yayayo

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My least favorite thing about Bitcoin:

- In regard to Bitcoin itself (i.e. the technology): The limited privacy when moving funds around. Imho we need advanced privacy features like stealth addresses to prevent invasion of privacy by block chain analysis tools. Related to this issue, blacklisting coins could become a serious problem to Bitcoin's fungibility as well.

- in regard to the Bitcoin community: The growing number of pure speculators that are only interested in obtaining more fiat money by trading Bitcoin. These people do not understand and do not care about Bitcoin at all. In fact, these kind of people could become a threat to Bitcoin's future as a decentralized currency if they are successful in pressuring developers to make certain decisions (like allowing excessive block sizes).

ya.ya.yo!

lightyard12

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My least favorite thing about BTC is that you can easily lose your funds if you send to the wrong address.

funbarrel

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my least favorite thing is that bitcoin price is changing all the time and i dont like it as i lose some money with it

BlueStackz

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Quote from: CasioK on July 09, 2016, 04:16:13 PM

Quote from: cambda on July 08, 2016, 11:42:30 AM

Quote from: xIIImaL on July 08, 2016, 08:44:52 AM

Quote from: marcuslong on July 08, 2016, 08:32:09 AM

Quote from: Minecache on September 24, 2015, 05:11:01 PM

Tell me all about it

My least favorite thing about bitcoin is its price volatility Its value changes very rapidly to the point that your money will be tripled in just a week or will turn into half in just also a week. But that's what also I love about a bitcoin since I am trader, a very high risk trader, I love investing in bitcoins since it can make my money grow in a very short span of time.

I think the price fluctuation makes it a bit less favorite in the new investors who wants to invest their money into bitcoins, as they have a fear of loosing their money looking at the price volatility.

Price volatility is an opportunity to earn quick profits if you take it positively, and if there is absence of price volatility then majority of traders will not be interested in bitcoins.

Yes, for some its good while for some its bad. But actually its good for me, because even if price is low you can earn a lot few months at maximum we can and then it will be back to high price again.

The price volatility is really good for most of us traders since whenever the price fluctuates, there is always a high chance of it going back up because of the value being stable at some point.

Topic: What's your least favorite thing about Bitcoin? - page 16. (Read 43254 times)