Post
Topic
Board Legal
Merits 6 from 1 user
Re: A big problem in bitcoin ???
by
Kambal2000
on 16/02/2018, 09:56:58 UTC
⭐ Merited by tambok (6)
I believe that bitcoin has many problems as well as benefits. For example, when the price rises, you can see people selling their bitcoins to gain profits. Therefore, the transaction fees also rise, not to mention that you can wait 2 weeks or one to get a confirmed transactions.

It is quite troublesome for me to pay high fees when I do not need much money. Another problem is its stability. As a matter of fact, bitcoin has never been stable. It always increases and decreases and you cannot predict its next movement. It is playing monopoly with us.
getting ahead bitcoin prices will be higher and make bitcoin fees more expensive because the default fee is 0.0001 btc. even in exchange fee fransaction can reach 0.002 btc, its crzy expensive for only transaction fee. that's the biggest problem of bitcoin I think, because how can bitcoin be the world's currency or payment method if the cost per transaction is so expensive? do you think this problem can be solved?
for an unstable price I think it's a natural thing because it's been from the beginning that bitcoin is volatile
It is already given with that kind of fee that it will really cost a lot, but don't worry cause the benefit that you are having here is much more than what you are earning in your regular job right? So, we should not complain as the transaction is fair enough for me.

Another problem in bitcoin is that we as a person because we are not contented in what we do have or kept complaining about everything, that the price goes down what is happening, so much screaming around the forum whenever the value of bitcoin is decreasing, why not just continue promoting it and hold what we can so that  we can help bitcoin even for a little and not making any noise that would lead to a public panic to those investors/holders.