Bitcoin Forum

Hello, I am worried about Bitcoin And Ethereum future, I can't see any good update which will beat the competition.. Why? Why they can't provide better solution and solve the problem with speed of transactions and scalability?

Because it's things are not being solved only with money. Currently, exists a lot of solutions about scalability but it depended from decentralization. Need a technical inventions.

There will be no solutions until players who interrupt the bitcoin transaction network are gone. They send and receive bitcoin repeatedly with same addresses that cause the network busy.

But if EOS could solve the scalability why not Ethereum? They have bigger team and more money pool for this.

What?how did you find that question about the Speed problem of bitcoin transactions?are you really using this platform?or you have just read this from another topic?bitcoin speed and fee are great as i have using this almost twice a week thats why i am asking what you mean by this,though i have seen ethereum now has a transaction fee increase.

This issue is so unclear and confused, moreover, in the cryptocurrency world, there're no big promises kept in time. It seems to me that we'll have to wait for major updates for a long time. Especially for Bitcoin!

There is no other pair that can break the dominance of ETH and BTC, they are still leading in this market.

Every people have their own judgement about ETH and BTC and for me, they already on updated condition because no other currency/fiat able like them.
Remember that BTC and ETH do not stand on top 5 at coincapmarket without a reason.
They exist because of us , there are a lot of demand on those coin !

Bitcoin has higher transaction fee because of the demand of the people are using it. Where you can pay bills and other payments without hassle. And now ethereum is on his way too. This issue makes the people find other ways just have get little transaction fees and no one can solve it.

Let us not worry about Bitcoin and Ethereum because they have played their own roles by giving us payments ecosystems that helped us so much, other outstanding projects are out to do their own part to improve on the issue of scalability,speed and byzantine general problems. Examples of use cases are NEO,EOS Cybermyles, Nexty etc

Bitcoin added SegWit last year. Now Lightning Network is under development. All of them are additions that help solving these problems.
These problems are not easy to solve and everything needs time to be developed and tested.

You need patience, you need to read more and you need to understand that cryptocurrencies are still young and under development. At least for Bitcoin we seem to be on the right track.

I know, I know but if the development take a long of time, many cryptocurrencies can overtake these 2 coins because they are better to use, right?

I think this is not a very serious problem with the slowness of the transaction, because the volume of requests and transactions is very high it takes quite a long time to complete every transaction done, it is good at the stage of the developer is being done to achieve something more leverage, enjoy for now because I think not too self-defeating, can still make big profit then it is comparable with condition that still new at this time.

I think ETH and BTC are in the active development stage.
It takes a long time for a successful project to be updated.

Most of those "many cryptocurrencies", when they'll reach the number of transactions Bitcoin has, they may have similar problems.
Some of those "many cryptocurrencies", if their value rises over certain value may face 51% attacks because their network is not powerful enough.
Really, Bitcoin has this status for a good reason and will still keep it for quite a while. I see no worthy competitor yet.

The possibility that the market will get back again soon will happen in a moment when crypto needs will be meet. Ethereum and bitcoin can have the possibility that will lead the market in to another dimension of growth from decrease.

Why, as far as I know these issues, now the Etherium team is solving and maybe soon we'll see the result!

At present, BTC has become a hard currency in the encrypted money market. It will be a future match. ETH is the best platform for intelligent contract development. A lot of tokens are released on the ETH platform. I believe that ICO will continue in the future. At present, there is no altcoins competing with BTC and ETH. Maybe we can expect it in the future.

No need to worry excessively, you can see bitcoin still in the top position and ethereum catch up, it might be a reason not to worry. Solving various bitcoin and ethereum problems is not as easy as you imagine, because it takes time and testing process.

The issue of scalability is not solved in one day. It takes time for that to happen. Bitcoin's lighting network is already working and quite successfully. Ethereum also solves many problems, but not as quickly as many would like.

Maybe EOS didn't do anything, just say it, but everyone believes. So some people think that EOS may exceed ETH, but I have the same opinion as you. Ethereum did not solve, and EOS could not solve it. And Ethereum launched the 721 version, let us see if this new version is different.

I believe that the new coins coming up will be the ones to improve on their platform on blockchain. We are beginning to have some projects that have improved on this.

This is a bad year for the market of crypto currency as most of the coins are facing a downward trend in the price of the crypto currencies. Bitcoin and Ethereum are also facing such problem. Due to the market condition, there is no update in those two. The investors of the bitcoin need not to worry as price of bitcoin will increase soon.

Ethereum and bitcoin is gradually developing its technologies and focusing on building interest to people. I hope it will develop its transactions capability more in future

There has been a lot of improvement on bitcoin and ethereum network and given the volume they process on a daily basis, I would say they are doing good.

Well, in today’s market there is a massive change the market price is getting high. I believe that soon we will get the news that BTC and ETH is upgrading and the transaction speed and the scalability will also upgrade.

This is really a true concern about Ethereum and Bitcoin. Ethereum lost its reputation only due to scalibility issues due to its many smart contracts and bitcoin is not up to level to its expectation.

Bitcoin and ethereum r some most promising the currencies in the market. They are continuously working improve their drawbacks. I think soon they would solve there scalability issues.

The popularity of bitcoin has gone to a sky touching level. Ethereum has also made some great moves. So the future seems wonderful for these two crypto currencies.

So I have heard about these news for several days and I think that these are good news that can even slightly raise the market for correction and there will be temporary growth up.

These two coins are always updating and added new features for the investors. That’s why these two coins are more popular among the people. But i think bitcoin is more profitable than ethereum because of their performance.

I'm don'n worry about these two coins , because they have a great potenciall !   Remember price one year ago? Two year ago?  Just wait , cryptocurrency market still is very young.

Yes the scability issue will be fix soon The blockchain technology will mature and most alts will have their value, More projects will come and companies around the world will adopt blockchain. We need to figure out this two coins that are mainly focus on scalability.

Wait a bit. I think that such crypto-currency giants (Bitcoin and Ethereum) are already working out a solution to these problems. But the implementation will take a little longer than the less popular crypto currency.