Post
Topic
Board Bitcoin Discussion
Re: What are the biggest disadvantage of bitcoin ?
by
Starone1
on 20/04/2018, 20:56:39 UTC
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink


There are two disadvantages that I don't like about bitcoins: the slow transfer rate and the expensive transaction fees. These problems have been around for quite some time now and I hope the bitcoin community might do something about it. Like some adjustment to bitcoins.

I think most maximimalists would argue that Bitcoin scaling takes time and that slow transactions aren't really that slow when the network isn't busy, and if it is, we need layer 2 solutions.
It is not true bitcoin transaction is no more a problem because I has started to increase the speed and in past I was slow but now it is fast and gradually getting faster, we should not sell it for this minor issue which is almost solved, bitcoin is best investment which does not have any problem according to me and to be honest I have seen bitcoin as an advantage only, to me it does not have any kind of disadvantage at all. Transaction has become very fast with very fair price, try to be positive minors things does not matter to me in front or highest profit.