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Question: Does bitcoin upgrades? how? when?
Bitcoin upgrades? - 2 (100%)
Bitcoin does not upgrade? - 0 (0%)
Total Voters: 2

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Author Topic: Does bitcoin upgrades? how? when?  (Read 529 times)
canah17 (OP)
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August 05, 2016, 04:38:07 PM
 #1

Hi!, im new at this bitcoin thing and i love it so much but does it upgrade? or the coins given does it give more value to your account? i need answers please! Cheesy
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August 05, 2016, 04:44:22 PM
 #2

Sure it does.

Usually upgrades don't make it more valuable.

You can check development here:

https://github.com/bitcoin/bitcoin

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August 05, 2016, 04:45:33 PM
 #3

Hi!, im new at this bitcoin thing and i love it so much but does it upgrade? or the coins given does it give more value to your account? i need answers please! Cheesy

Not sure what you mean by upgrade in the above question.  The bitcoin protocol does get updated we are at 12.1 right now. If you mean does the number of BTC in you wallet increase over time without you doing anything no.

if you mean will the value of your BTC go up, we all hope so but there is no guarantee.  

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August 05, 2016, 04:52:28 PM
 #4

I think he is talking about the price of bitcoin if when the price will increase again or not..
Honestly bitcoin is unpredictable we dont know when the price will increase or decrease..

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August 05, 2016, 04:58:57 PM
 #5

Well i'm not sure exactly what you're asking to be honest. Do you mean the price of the bitcoin rising when you say upgrade? If you have the coins, you have the coins. What they're worth will constantly change but the amount of coins you have won't, unless you choose to spend / gamble / trade / etc
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August 05, 2016, 05:06:06 PM
 #6

Hi!, im new at this bitcoin thing and i love it so much but does it upgrade? or the coins given does it give more value to your account? i need answers please! Cheesy
Bitcoin upgrades whenever there is either a fork or a change in the software with the network, wallet, nodes, or all of these things together. Basically it is all coded together and published and things change.

As for the upgrades giving Bitcoin value, no, it rarely adds any value for Bitcoin and most of the time it is relatively mundane upgrades that are just small tweaks or fixes. Most of the time it isn't anything special.
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August 05, 2016, 05:12:55 PM
 #7

Hi!, im new at this bitcoin thing and i love it so much but does it upgrade? or the coins given does it give more value to your account? i need answers please! Cheesy
bitcoin upgrades the most when the code is being updated by the core developers, it is a great technology that is evolving from time to time so i think bitcoin is going to be huge

 
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August 05, 2016, 05:15:56 PM
 #8

What do you mean upgrade?

And why do you love it so much? Its just ecurrency
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August 05, 2016, 05:23:15 PM
 #9

Hi!, im new at this bitcoin thing and i love it so much but does it upgrade? or the coins given does it give more value to your account? i need answers please! Cheesy
Bitcoin upgrades whenever there is either a fork or a change in the software with the network, wallet, nodes, or all of these things together. Basically it is all coded together and published and things change.

As for the upgrades giving Bitcoin value, no, it rarely adds any value for Bitcoin and most of the time it is relatively mundane upgrades that are just small tweaks or fixes. Most of the time it isn't anything special.
Do you think when bitcoin is upgrading include the speed of transaction and double spend issue before..
Do you think they already upgrade bitcoin and remove double spend.. i just hear it before..



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Rainbot
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August 05, 2016, 05:31:32 PM
 #10

I am guessing here, but are you using a desktop wallet? You need to specify what upgrades you are talking about. The Bitcoin software {protocol} are constantly being upgraded and these upgrades

are distributed on GitHub. The upgrades do not influence the price, but if these upgrades are controversial and people struggle to get consensus, some conflict will flow through the community and this

will cause uncertainty. Other implementations like XT and Classic compete with the Core implementation and the fighting between these camps, will influence the price. Investors wants stability, and

a long drawn out fight will definitely influence the price.  Roll Eyes

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August 07, 2016, 05:12:41 PM
 #11

upgrade provides Bitcoin value , no , rarely add any value to Bitcoin and most of the time it was upgraded relatively
the usual minor tweaks or fixes only . Most of the time it was not anything special .
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