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Topic: What's your least favorite thing about Bitcoin? - page 36. (Read 43253 times)

hero member
Activity: 1134
Merit: 515
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Instability in its price is to me the least favorite thing about bitcoin.Another one is it require miners to confirm your transaction and if you dont add fat fee to your sending amount,it can take hours to get confirmed

Price is not in my favorite list.
Because I become bitcoin user not just for it's higher prices. But the innovation behind it. So, all the features are in most priority. I do not have any least in my list.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
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Instability in its price is to me the least favorite thing about bitcoin.Another one is it require miners to confirm your transaction and if you dont add fat fee to your sending amount,it can take hours to get confirmed
hero member
Activity: 728
Merit: 500
Uncertainty of confirmation timing because we don't know exactly when the funds will be cleared.Sometimes in 10 minutes 4 blocks are generated and other times it takes even more than an hour.
full member
Activity: 210
Merit: 100
BTC > etc
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The current "Bitcoin Foundation"
no wonder it is practically dead

Slow adoption is an issue but with btc debit cards you can now buy most things using btc
hero member
Activity: 533
Merit: 500
1) I cant spend it for daily goods, and other spendings are too complicated to do to be worth it.
2) I dont like how the developers handle the block increase thing.
3) I dont like how the bitcoin marketing is going, it should be more aggressive to promote bitcoin.

That's true, I cannot buy any physical goods or grocery stuffs by using bitcoins as a currency, and that is the least favorite thing about bitcoins but I don't bitcoins for it as there are many other advantages attached with bitcoins like online transfers, online shopping , gambling , trading etc. and the other least favorite thing about bitcoins is the confirmation time of transactions  Angry
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
1) I cant spend it for daily goods, and other spendings are too complicated to do to be worth it.
2) I dont like how the developers handle the block increase thing.
3) I dont like how the bitcoin marketing is going, it should be more aggressive to promote bitcoin.
legendary
Activity: 1232
Merit: 1000
when I hit the jackpot 1BTC and it was the first time I have 1BTC I am very happy and that's my favorite Cheesy
Q7
sr. member
Activity: 448
Merit: 250
For me it has to be the volatility. One important thing that results from this is how it makes people become focused on the price instead of the core technology itself. Somehow I always stick to the thought that this somehow has become one of the reasons that prevents mainstream adoption and especially has more profound impact on businesses operating on razor-thin margin. So instead, it just ends up as a speculative tool.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
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No Willybot action.  Sad
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Umm. Maybe it is hard to understand. To be honest, until now, almost a year active on this forums, I have not gotten everything I need to know about Bitcoin. For example, #1, I know mining is to keep the network secure - but how? #2, I dont know what is the different between HD wallet and single wallet, both look the same to me. And many other more. I'm one of the few new generation on Bitcoin - dont know how it work, but still supporting Bitcoin.

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My least favorite thing about bitcoin is the volatility.  It moves way too much day to day against the dollar and other major global fiat currencies for a variety of reasons.  I'd like to see this stabilize more.  Most currency pairs are much less volatile.  In theory, at some point, Bitcoin will become deflationary against all other currencies and reliably increase in value slowly over time rather than be so choppy.  However, it's hard to see that future right now.

One of my favorite thing about Bitcoin is the volatility. Well, it is good to do daytrade with a huge up and down everyday.

Go watch James Deangelo World Bitcoin network on youtube...he explains things great about security etc...or read the bitcoin wiki.

newbie
Activity: 23
Merit: 0
i have enjoyed my experience with bitcoin so far. my least favorite thing would be that sometimes it takes too much time for my transactions to be confirmed. but this is not a big problem, i just wish sometimes confrimations would be faster
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
The transaction fees. Would love to transfer any amount (whoever low it might be) without restrictions.

Don't get me wrong, I know we need the fees, but still...
hero member
Activity: 672
Merit: 502
Hm. I think for me the least favorite thing is not being able to mine, I mean unless someone is super rich and can set up huge mining farms, one can't mine and I think this might be the reason why some people are not getting into it or left it because more or less mining has turned almost centralized, if not completely, centralized in the sense that there are few pools who have control of almost all the mining operation and get all the reward and I don't think Satoshi imagined or wanted it to be this way.

And this was an added incentive which would have led a lot of people in Bitcoin on top of all the other benefits of using Bitcoins.
member
Activity: 112
Merit: 10
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Hard to remember the address.
sr. member
Activity: 389
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
i dont have things that i like less than the others though the main disadvantage is the price fluctuation
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Banks have first mover advantage
newbie
Activity: 22
Merit: 0
mostly lack of shops that supports it.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
That it's so prone to crashes and there's no price stability. One day you have 300$ and the next it's 200$. Saddly all these talks about 1 btc being 1 btc is crap because it's the purchase power that counts. If one day you can buy a gaming console for 1 btc and the next you can't, although the price of the product hasn't changed you lost money.
legendary
Activity: 1848
Merit: 1000
Least favorite thing is how easy it is to lose when you gamble or try your luck at trading altcoins, also the reputation that it seems to be getting as it's always tagged alongside negative happenings, such as ransoms and hack attacks and huge scams.
legendary
Activity: 2170
Merit: 1427
My least favorite thing about Bitcoin isn't necessarily directly regarded towards Bitcoin itself, but more towards the devs that can't come to an agreement with each other. That's what bothers me the most.
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