Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on April 26, 2018, 05:12:52 PM
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The common challenges for a bitcoin user are;
Legalization of the Digital Currency: Bitcoin and Altcoins. It is a fact that cryptocurrencies are not accepted and legalized by the government. Thus, it can be a hindrance to a bitcoin user if the government of the country where the user lives suddenly bans the use and being involved to cryptocurrency.
Fluctuating Bitcoin Prices. It is one of the toughest struggle of a bitcoin user could ever face, especially if that user is also an investor who put a huge amount of capital or everything they have. It's hard to get by and convince yourself to be patient if you see the price of bitcoin fall off more as time goes by and even harder to make decisions whether or not make investments during a time of hope considering in mind that it might be only for a short term. However, if you're a firm believer of the potential of Bitcoin to produce huge profits then facing this problem can be tolerable to you than others.
Insufficient Knowledge and Troubles regarding Policies of the Forum. Being a beginner or newbie in this industry requires you to do a lot of catching up. Enthusiasm and hard-work are essential values for an user to be able to gain knowledge and preventing the user to be left behind. Given the fact that the are changes to the policies of the forum like the merit system makes it more challenging for the users of different ranks to get to the next level of their ranks.
Personally, the common challenges of a bitcoin user that may encounter within thyself is time management, patience and dedication.
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maybe in terms of security that can protect Bitcoin from hacker attacks on the exchange.
the stock is very vulnerable to being cracked.
so that Bitcoin is lema to be placed on the Exchange, whereas from the Exchange we can get more Bitcoin if we are smart in trading.
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The common challenges for a bitcoin user are;
Legalization of the Digital Currency: Bitcoin and Altcoins. It is a fact that cryptocurrencies are not accepted and legalized by the government. Thus, it can be a hindrance to a bitcoin user if the government of the country where the user lives suddenly bans the use and being involved to cryptocurrency.
Fluctuating Bitcoin Prices. It is one of the toughest struggle of a bitcoin user could ever face, especially if that user is also an investor who put a huge amount of capital or everything they have. It's hard to get by and convince yourself to be patient if you see the price of bitcoin fall off more as time goes by and even harder to make decisions whether or not make investments during a time of hope considering in mind that it might be only for a short term. However, if you're a firm believer of the potential of Bitcoin to produce huge profits then facing this problem can be tolerable to you than others.
Insufficient Knowledge and Troubles regarding Policies of the Forum. Being a beginner or newbie in this industry requires you to do a lot of catching up. Enthusiasm and hard-work are essential values for an user to be able to gain knowledge and preventing the user to be left behind. Given the fact that the are changes to the policies of the forum like the merit system makes it more challenging for the users of different ranks to get to the next level of their ranks.
Personally, the common challenges of a bitcoin user that may encounter within thyself is time management, patience and dedication.
I think Bitcoin need legalize and accepted by all government. It is the chalenge of bitcoin.