What's your least favorite thing about Bitcoin? - page 30.

Dekker3D

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Quote from: buddycool on February 15, 2016, 04:19:16 AM

Quote from: gkv9 on February 14, 2016, 03:18:14 PM

Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

You don't need to worry when you know you have locked your wallet with a safe passphrase...
And even if you didn't bother to do such things, you can have your BTC in a paper wallet, so that you won't have to worry about your coins being hacked as I have never heard any case till now that someone got their coins hacked having them on a paper wallet...

Can you please tell me more about getting a paper wallet... I am currently using electrum wallet.. is it safe?

No it's not safe as we all know paper can easily be torn apart, crumpled or burned. Just kidding, a paper wallet makes your coins inaccessible from the anyone on the Internet which eliminates the fear of getting hacked.

buddycool

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Quote from: gkv9 on February 14, 2016, 03:18:14 PM

Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

You don't need to worry when you know you have locked your wallet with a safe passphrase...
And even if you didn't bother to do such things, you can have your BTC in a paper wallet, so that you won't have to worry about your coins being hacked as I have never heard any case till now that someone got their coins hacked having them on a paper wallet...

Can you please tell me more about getting a paper wallet... I am currently using electrum wallet.. is it safe?

Karartma1

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Maybe I would have preferred it was completely anonymous, in fact it's a pity that dark wallet development is not going on anymore.

goinmerry

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It will always be the wave that is lovely for me. It gives me chills just seeing it grow more in value. 30 dollars in just a few days. That is a big rise. Laugh now traders we can get our profits or maybe more in the upcoming days.

blackmachinegun

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Quote from: jod_doj on February 14, 2016, 03:56:00 PM

i think the thing that i dont like is the fact that its price is going up or down really often, because of that i dont manage to make money

if you can not accept it or do not like it, you can come out leaving bitcoin, because you have to know the risks of bitcoin, fluctuation is a major risk, if you can not accept this, it is better not to use bitcoin

romero121

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The decision making for particular statements which is not been made within a certain period such as the forks vs classic debate which is going on for years but still the strong decision has never been made.

bitbaby

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Quote from: Laosai on February 14, 2016, 03:14:36 PM

Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

Dude, it's scientifically not possible to hack a wallet you know? It never happened and will never happen!

True, it is impossible to crack a private key but it is very much possible to hack into a pc that has the private key which contains the BTC, this is why there is a thing called "Cold Storage", keep your funds offline and you don't have to worry about getting your BTC stolen, ever!.

My least favorite thing about BTC currently is that it is still in a grey area, I want it to become legal, which will help adoption and there will be less scams involving, exchanges/services.

Quantus

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The growing size of the blockchain with insufficient fees to ensure security long term.

ajun96

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Quote from: Laosai on February 14, 2016, 03:14:36 PM

Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

Dude, it's scientifically not possible to hack a wallet you know? It never happened and will never happen!

Yeah if your wallet hacked its your fault dude. make sure you use many verification login in you wallet, so hacker can't acces your wallet, bitcoin is very safe if you are smart in using

simplelife888

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i can exchange bitcoin so fast when i want and this is my favorite thing about bitcoin.

kacak41

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Quote from: iv4n on February 14, 2016, 06:33:10 PM

Only thing i don't like is when I need to wait transaction to be confirmed. Well I admit sometimes I'm impatient about it, usually I don't mind but sometimes its annoying.
Everything else is ok for me, i don't like that people argue and now trying to separate it. We need to stay united.

But you cannot start hating bitcoin only for that particular reason, as bitcoin is providing us various benefits, even if confirmations are delayed I am ok with it.

iv4n

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Only thing i don't like is when I need to wait transaction to be confirmed. Well I admit sometimes I'm impatient about it, usually I don't mind but sometimes its annoying.
Everything else is ok for me, i don't like that people argue and now trying to separate it. We need to stay united.

fruitcommander

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Quote from: jod_doj on February 14, 2016, 03:56:00 PM

i think the thing that i dont like is the fact that its price is going up or down really often, because of that i dont manage to make money

That would be always an issue with bitcoin, does it mean you will stop using bitcoins? no, price fluctuation will always be a part of bitcoin, you just need to follow good strategy to make money out of it.

jod_doj

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i think the thing that i dont like is the fact that its price is going up or down really often, because of that i dont manage to make money

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

You don't need to worry when you know you have locked your wallet with a safe passphrase...
And even if you didn't bother to do such things, you can have your BTC in a paper wallet, so that you won't have to worry about your coins being hacked as I have never heard any case till now that someone got their coins hacked having them on a paper wallet...

Laosai

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Quote from: buddycool on February 14, 2016, 03:05:13 PM

I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

Dude, it's scientifically not possible to hack a wallet you know? It never happened and will never happen!

coin_gambler

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the fact that its blocks take on average 10 minutes to be mined

buddycool

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I am just scared of losing the btcs... If someone hacks my btc... That's the main problem with btc that I have. ..

commandrix

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My least favorite thing? That I don't have enough of it to finance this year's travel plans. Seriously, there's not much to dislike about Bitcoin besides that and the fact that I can't spend it at my favorite coffee shop yet.

AliceWonderMiscreations

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Quote from: y8tvkid on February 14, 2016, 02:30:41 PM

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 never saw bitcoin as investing.

When I invest, I put money into a company that makes a product to market. They take my money and use it to make more. That's investment to me.

I see it more as speculation.

Topic: What's your least favorite thing about Bitcoin? - page 30. (Read 43269 times)