Quote from: Lauda on October 07, 2016, 09:32:09 AM

Quote from: TheUltraElite on October 07, 2016, 09:29:28 AM

1. Volatility of price of bitcoin is there which makes it a prime target for traders. bad news for stores/shops

Very volatile indeed. Roll Eyes

This is latest news - I think I am talking in general.

Quote from: TheUltraElite on October 07, 2016, 09:29:28 AM

5. Irreversibility of transaction - though I consider it as the least because it is a fault of the user to mis-click and not system. However we are all human and we tend to make mistakes.

That's a feature of a immutable chain, not a disadvantage.

I think this is a disadvantage since the chain is programmed like that. Modification needs to be done in this regard in the blockchain technology itself.
But thats just my thought.

Quote from: TheUltraElite on October 07, 2016, 09:29:28 AM

6. Some people consider bitcoin = hackers, drugs etc since we all know about ransom-ware, and many people came to know about bitcoin from ransom-ware, Silk route incident etc

This is not a disadvantage of Bitcoin; it's just a misconception.

You forgot to quote the rest of the post -

Quote

this is not a disadvantage but a bad name to the coin