Post
Topic
Board Bitcoin Discussion
Re: What's your biggest problem with Bitcoin
by
BTCevo
on 06/07/2015, 17:34:10 UTC
The biggest issue is the volatility and I think that's what scares a lot of people off, but at the same time its that volatility that is very attractive to speculators and thus the potential for profit. For the average user who may wish to use it as a currency though it can be scary for them.

This is what I thought for the first time Im doing trading bitcoin, I scare about the volatility but at last I think without any volatility I dont think I can get good profit. With this volatility we can earn every time and get much profit from it



The biggest problem is, I can't spend my bitcoin in any real shop that accept it in my city, so I must exchange it to fiat before if I want to buy a stuff. I hope there will be real shop that accept bitcoin sooner.

I dont know about your city but there are plenty shop that accept bitcoin as their payment out there and from what I heard they also build some ATM machine for some people to get their bitcoin too from a mall so I guess some shops will open in no time. Cheer up  Grin

Thanks for your information, but that's not useful for me. Do you want me to visit your city for just spend my btc or use ATM machine? If you can build one in my city, it sounds better then  Cheesy

I didnt mean it that way, because there are some country that build bitcoin ATM and I think in some few years later if there is a mass adoption of bitcoin or bitcoin becoming mainstream may be your goverment will try to build one of it. Because from my research there are quite good of adoption in this past years in some countries http://cointelegraph.com/news/114093/seven-cities-leading-bitcoin-adoption-in-2015. This will make bitcoin fast to grow in number of adoption and its price too