what are the disadvantages of Bitcoin?

azimiballer
Posts: 171
Joined: Wed May 03, 2017 7:31 am

what are the disadvantages of Bitcoin?

Fri May 26, 2017 11:49 am

What, in your opinion, are the biggest disadvantages of Bitcoin?
gerrard
Posts: 144
Joined: Thu Apr 06, 2017 8:51 am

Re: what are the disadvantages of Bitcoin?

Mon May 29, 2017 9:37 am

- low payment volume
- no one controls it
- relatively new, so still unproven
- high price instability
eddy
Posts: 249
Joined: Mon Apr 10, 2017 10:49 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:33 am

bitcoins can't be recovered.
leo1
Posts: 135
Joined: Wed Apr 19, 2017 7:16 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:33 am

bitcoin has volatile value and the existence of bitcoin is very uncertain.
jsutee
Posts: 89
Joined: Thu Aug 31, 2017 6:17 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:33 am

it is not accepted globally.
zach
Posts: 262
Joined: Wed Apr 19, 2017 7:18 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:33 am

It is a part of darkweb activities.
vik
Posts: 277
Joined: Wed Apr 19, 2017 7:20 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

government may not access your bitcoins but it can ban it.
faran
Posts: 151
Joined: Wed Apr 19, 2017 7:23 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

it is Deflationary
mig
Posts: 129
Joined: Wed Apr 19, 2017 7:25 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

money laundering is an issue as well.
stevieg8
Posts: 127
Joined: Wed Apr 19, 2017 7:27 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

the wrong advantage of bitcoin anonymity feature is taken out.
lahm
Posts: 243
Joined: Wed Apr 19, 2017 7:28 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

bitcoins are not recoverable and no chargebacks can be applied.
karim
Posts: 234
Joined: Wed Apr 19, 2017 7:31 am

Re: what are the disadvantages of Bitcoin?

Tue Nov 07, 2017 7:34 am

bitcoins exist limited in number.

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