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Bitcoin Problems

Challenges that Bitcoin faces, and problems with the network.

bitcoin crash

Is Bitcoin Going To Crash?

October 15, 2022
Category: Bitcoin Price, Bitcoin Problems
Subcategory: Bitcoin Questions

Everyone wants to buy bitcoin at the right time, so naturally, you'd like to know if bitcoin is going to crash so you don't buy the top, and you can get some coin at a good price. The good news is that there's a straightforward answer to your …

Read moreIs Bitcoin Going To Crash?
bitcoin coin with angel wings. bitcoin is dead

Why 2022 Bitcoin Obituaries Are Wrong (Yet Again)

July 1, 2022
Category: Bitcoin Problems
Subcategory: Bitcoin Culture, Opinion

Haven't you heard? Bitcoin is dead. Actually, it's not even close to being dead, but what's weird is that if you only read mainstream news articles, you might be tempted to think it is. The truth is that after 13 years of expert opinions and …

Read moreWhy 2022 Bitcoin Obituaries Are Wrong (Yet Again)
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Why Did The Bitcoin Price Drop?

June 17, 2022
Category: Bitcoin Price, Bitcoin Problems
Subcategory: Bitcoin Questions, Buy Bitcoin

Bitcoin's price action is volatile – very volatile. It's not uncommon to have violent price swings to the upside and downside over short periods of time. When the price drops precipitously, you probably want to figure out why your net worth was …

Read moreWhy Did The Bitcoin Price Drop?
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Will The Government Ban Bitcoin?

June 6, 2022
Category: Bitcoin Problems
Subcategory: Opinion

When I recommend buying bitcoin to my friends and family, probably the second most common pushback is that they think the government is going to ban it (the #1 reason is that it's too risky). In a time where the government can tell us it's illegal to …

Read moreWill The Government Ban Bitcoin?
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What I Think Are The Disadvantages of Bitcoin

May 3, 2022
Category: Bitcoin Problems

Bitcoiners are very excited about bitcoin, so we tend to see the future world of bitcoin adoption through orange colored glasses. The enthusiasm gets even worse during a bull market, when vibes are high and it seems like hyperbitcoinzation is here. …

Read moreWhat I Think Are The Disadvantages of Bitcoin
bitcoin sitting on top of risky jenga tower ready to fall

Is Buying Bitcoin Risky?

May 2, 2022
Category: Bitcoin Problems
Subcategory: Bitcoin Questions

ATTN: I typically try to avoid calling bitcoin an “investment” because I'm not an investment advisor, CPA, or any other type of qualified investor/advisor. However, in this article I compare bitcoin to a number of other types of …

Read moreIs Buying Bitcoin Risky?
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Why Bitcoin Will Fail

April 29, 2022
Category: Bitcoin Problems
Subcategory: Opinion

Bitcoin is made of software and hardware. Software comes and goes in popularity, and you can hack anything from a payphone to the US DoD servers, so why would bitcoin be any different? Could bitcoin fail, and is this a risk worth considering before …

Read moreWhy Bitcoin Will Fail
glowing-light-from-smartphone-revealing-bitcoin-1

Do You Have Bitcoin FOMO?

March 10, 2022
Category: Bitcoin Problems
Subcategory: Bitcoin Culture, Buy Bitcoin

FOMO is the “fear of missing out”, and there are a lot of people who fear they are missing out on bitcoin. People who don't have bitcoin are worried that the bitcoin revolution is happening without them. People with bitcoin are worried …

Read moreDo You Have Bitcoin FOMO?
red, green, and white letters writing "fear uncertainty and doubt" with bitcoin candle chart trending down

Bitcoin FUD Deep Dive & Debunk

February 18, 2022
Category: Bitcoin History, Bitcoin Problems
Subcategory: Bitcoin Culture

Bitcoin is no stranger to critiques. Since the first email that Satoshi sent to the Cryptography Mailing List in 2008, even those who had been literally trying to create cyber cash for decades said that it wouldn't work. Well, it does work, and has …

Read moreBitcoin FUD Deep Dive & Debunk
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What Is Money?

Money is fundamentally a form of information. Money is not about atoms, it is about bits

Hal Finney

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