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Author Topic: What does bitcoin need to improve?  (Read 4109 times)
uriitimoshilov0109
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March 25, 2018, 02:18:50 PM
 #101

Bitcoin serves not only as a currency, but also as an extremely cheap platform for transferring money. In theory, it can become a rival to PayPal, Western Union, even Visa and MasterCard.
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alisaserdceva
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March 27, 2018, 06:59:37 AM
 #102

In general, bitcoins are like fiat money. For them you can buy something on the Internet, as we buy for dollars, euros, rubles or traditional electronic money (yandex money, webmoney, etc.).
anatoliidedov1807@yandex.
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March 27, 2018, 08:54:29 AM
 #103

It is time for bitcoin now a huge number of people make money on crypto currency but Bitcoin is the most popular of all.
DAVETUN
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March 27, 2018, 08:03:19 PM
 #104

Bitcoin need to be advertise to individual,companies and organization government and to  the general public in order to create a stronger platform for it and  increase the use and  acceptance globally
Rakesh_alejandro
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March 27, 2018, 08:16:40 PM
 #105

I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.

Transaction fee and transaction speed are main problems of BTC if considering it as payment tool. Concerning security - BTC wallets are rather strong

I believe that bitcoin has a lot to raise, starting with transaction handling, is currency limited to about 3-4 transactions per second, and more than that will only cause the entire system to be flooded with users, but the problem applies to all cryptocurrency types, You do not see it in other currencies because only bitcoins are getting a lot of traffic.
Bitcoin continues to control the cryptocurrency market because it has become the first cryptocurrency, it has the greatest amount of support and has been shown to have a stable system for a long time.
Most altcoins come out in 2016+, even if they manage to get a lot of value, they still can not get past bitcoin because they do not have bitcoin support.
Rath_
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March 27, 2018, 08:32:10 PM
 #106

We have no problem with bitcoin's security features since it was one of the most tough securities in the internet. What I want bitcoin to improve is its transaction processing especially for larger credits when you buy bitcoins. Sometimes it gets so slow for a virtual currency that's supposed to provide faster and convenient transactions. Moreover, I would like for bitcoin to be more beginner-friendly so everyond can effectively use it. Some of bitcoin's important features are complex and may seem puzzling for beginners.

To be honest, we are still far from the best possible security model. Without getting into more technical details, we could for example focus on so called Confidential Transactions which would allow us to become even more anonymous. Transaction fees are quite low right now, we shouldn't worry about their future since Lightning Network is slowly being adopted by merchants, although it will take some more time because it's still experimental. We can't anything about Bitcoin complexity. There are plenty of guides available on the Internet.
bitcoinjasensatom
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March 27, 2018, 08:39:15 PM
 #107

It already is continually evolving.

Entire altcoin market is speculation on unproven assets. There are 1500+ altcoins and every single one of them is vaporware. As long as Bitcoin keeps evolving, every other coin will be shown up for being worthless when the bubble bursts and Bitcoin will rise from the Ashes.

In my own opinion there's no need to improve because as we know Bitcoin  as the prevailing cryptocurrency in the global market, with a great increase in value over the last year alone. And then because of unprecedented growth the number of transaction on the Bitcoin blockchain has also increased.
Lenzie
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March 27, 2018, 08:44:18 PM
 #108

I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
Bitcoin will not always be the king, just look a what is happening to it now. It is continuously and gradually going down.
What needs to be done is its slow transaction. Exchange have change alot already before bitcoin has already been sent to your account.

One thing is the transaction fee, seriously? The transaction fee, feels like what I have earned on bitcoin has an interest similar to banks.
More than transactions I think too that bitcoin is perfect.


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AntonKrutkov806
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March 30, 2018, 12:22:06 PM
 #109

The creation of a bitcoin currency provides for inflation to increase at the primary stage, and several years later stability is expected. Why can the value of bitcoin decrease?
Linhkej
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March 30, 2018, 12:27:42 PM
 #110

I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think bitcoin does not need to improve their technology, because it's the current technology that makes bitcoin great.
Bitcoins should be widely accepted. Because their technology helps a lot of people and the convenience is great. Large transactions are always secure and never stolen while trading. That's the advantage of bitcoin and it deserves to be accepted all over the world.
total.room
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May 29, 2018, 05:38:43 AM
 #111

Bitcoint is a safer online crypto currency for faster transactions than other coins, this will ensure more people to use transactions faster, this is helpful for easier for bitcoint users around the world
nyerok
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May 29, 2018, 05:54:34 AM
 #112

yes you are right in my opinion bitcoin needs improvement by improving security, and reducing shipping cost is very expensive. because if bitcoin is expensive the shipping cost is also very expensive.
dimiinx
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May 29, 2018, 06:11:06 AM
 #113

yes you are right in my opinion bitcoin needs improvement by improving security, and reducing shipping cost is very expensive. because if bitcoin is expensive the shipping cost is also very expensive.
the security of bitcoin depends on our own way how we secure our bitcoin so that our bitcoin is not lost. most importantly we are always careful and not careless so that our bitcoin is always safe.
saifanik
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May 29, 2018, 06:15:11 AM
 #114

In my opinion, everything needs improvement in some time. Because if people continue to follow the same continuity for a long time, people want to turn away from it. Similarly, Bitcoin needs improvement too. All the advantages were good till now. However, it has not been introduced everywhere. If Bitcoin could be used instead of money, then it would have been beneficial for many. Whoever had Bitcoin, did not have to turn it into money.

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abhi777
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May 29, 2018, 06:15:42 AM
 #115

I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think that bitcoin enhanced is the security and risks of investing with bitcoin getting better and well developed so as to make the country think positive about bitcoin and its investment
kjnfmplm
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May 29, 2018, 06:20:40 AM
 #116

In my opinion, the improvements that Bitcoin needs are the transaction speed and transaction fees. Its current transaction speed is not on par with the ETH and other coins. It takes too long to have a confirmation. Also, transaction fees are too damn high. It is not suitable for microtransactions. If they fixed these issues, then it is impossible to dethrone Bitcoin now.
378budiman
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May 29, 2018, 06:21:45 AM
 #117

Nothing needs to be fixed with bitcoin, only one that may be noticed with a delivery problem that is sometimes long enough to wait.
franciscoDC
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May 29, 2018, 06:29:02 AM
 #118

I think we need to recognize it more to use by many people or tell them what bitcoin have,like porpuses and benifits by using it ,but now bitcoin was getting popular by itself and many country was tottaly accepted it, so im sure we dont need to think it just think positively.

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DBronze98
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May 29, 2018, 06:32:07 AM
 #119

Bitcoin's system is outdated by Altcoin at the moment. At present all Altcoin is primarily based on Ethereum and NEO. These are platforms that have rapid exchange rates, which displayed in a short amount of time. Bitcoin performs very long transactions and fees very high.

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May 29, 2018, 06:40:39 AM
 #120

Long transaction and high fees. It should be looked into Undecided
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