What does bitcoin need to improve?

[Shreek]

do you mean that will beat bitcoin? yes, many new altcoins are predicted to beat bitcoin, like bitcoinfuji, and even rumors say that BCH is the original bitcoin.

but I do not see any altcoin that develops well until today except bitcoin, although bitcoin has a deficiency that needs to be fixed.

maybe NEO, Zcash, ETH, but the value is still far from bitcoin.

[luigidosado]

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.

Though we can say that bitcoin is the best crypto, there are still a lot of things that it should improve for the convenience of its users. First, atleast, btc must comply with the government's requirements so that it will be legal to some other countries that banned it. Production and generation of bitcoin requires a lot of power. I think in that case, it is not very eco-friendly and must really need a lot of improvement in that aspect. And also, transactions, bitcoin's exchange is a bit congested and ask too much for transaction fees, lowering the price for each transaction  would be a big help to the users.

[AIRDROPSQUAD]

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.

Two things need to be worked mainly- transaction fees should be reduced and we should see faster transfers. This will ensure that more people use it for transactions.

This is true. The most frustrated things about BITCOIN is the transaction fees. Its very expensive.
Especially if you want to doing some arbitrage between exchanges.

[RioAnjay]

I think, for now Bitcoin is one of the safer and more reliable online currencies, it may just be the conversion process that needs to be fixed, meaning bitcoin can be directly used for transactions, because not all countries can directly use bitcoin but bitcoin must be converted to local money

[kikoy999]

the need for bitcoin to improve it is a lot of investors and as many investors are also increasing their users and scammers should use the name bitcoin to get rid of their fellow men to clean the name bitcoin to other investors saying that bitcoin is just a scam.

[paul00]

the need for bitcoin to improve it is a lot of investors and as many investors are also increasing their users and scammers should use the name bitcoin to get rid of their fellow men to clean the name bitcoin to other investors saying that bitcoin is just a scam.

Every where has a scammer and we cannot get rid of that I think it is already part of the society. Getting investors is what most of the campaign goal and they really good at it promoting bitcoin and also their product. Bitcoin is bitcoin we cannot do anything and bitcoin as is are good on what is happening we cannot please every one country government to unbanned bitcoin because in their country bitcoin used it at the black market and bought illegal things.

[Naurah03]

I think there is no need to fix with bitcoin, because bitcoin is already good enough, what we have to think is about some country policy so bitcoin can be accepted in all country..

[yokai21]

the need for bitcoin to improve it is that investors who have repeatedly returned the bitcoin value since this month is 50% its price falls before the end of the year 2017 so if many citizens will add to its users especially when it comes to improving the Philippines.

[poplolnman]

We all know that bitcoin has a problem in scalability, I hope somepeople can solve this problem. I have a problem when bitcoin price reach $20000, its transaction fee is very expensive, I think this is the most important thing that bitcoin need to improve.

Yeah when it was $20k you need to pay the fees average for around $100 , it sucks. Subjective question indeed but I believe mostly agree that the scalability should be the priority to fixed. Merchants adoption should grow not stuck or even decrease due government ban . That's all.

[traderethereum]

We all know that bitcoin has a problem in scalability, I hope somepeople can solve this problem. I have a problem when bitcoin price reach $20000, its transaction fee is very expensive, I think this is the most important thing that bitcoin need to improve.

Yeah when it was $20k you need to pay the fees average for around $100 , it sucks. Subjective question indeed but I believe mostly agree that the scalability should be the priority to fixed. Merchants adoption should grow not stuck or even decrease due government ban . That's all.

the fee is too high for now but gladly, we still have altcoin for another option to get the money although if we exchange our bitcoin to altcoinn and then exchange to fiat, the money will reduce, at least the fee is not too high depends if we exchange from bitcoin to fiat. I think we can thinking another solution to solve this so we could still make a big money from bitcoin.

[Thefrolly]

I think it should definitely improve its transaction time. Its transaction fees is also kind of high. Other than that, bitcoin is perfect.

[PatronRH]

Bitcoin is the king of cryptocurrencies for sure. But there is some disadvantages and weak points to master. Bitcoin need to have a featute that can ptotect people from scam. Because it is becoming a major problem. It needs to be a bit more stable too so people can rely on it.

[btcjoin14]

I think if bitcoin is not fixed then it does not matter because bitcoin is so popular and popular and a king in crypto currency and is in great demand by community, users, investors and even Bitcoin can be taken for granted.

What Bitcoin needs to improve is the ease within the newcomers interface. That will make more newcomers wanting to do transactions with it.

[JCLee]

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 currently has some disadvantages as the cryptos have a limit of only 21 million coins, while other cryptos do not have this limitation. The second is the time to confirm the transaction is very slow, sometimes waiting 1-2 days to trade successfully. Moreover, the last thing that Bitcoin needs to improve is the high transaction costs, up to 0.001 BTC p transaction.

[Oast-btc]

First thing first, the transaction fee nowadays some of us prefer to use ethereum when moving from one exchange to the other due to there low transaction fee then if the processing time could be reduced it will help a lot

[wewe123]

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 currently has some disadvantages as the cryptos have a limit of only 21 million coins, while other cryptos do not have this limitation. The second is the time to confirm the transaction is very slow, sometimes waiting 1-2 days to trade successfully. Moreover, the last thing that Bitcoin needs to improve is the high transaction costs, up to 0.001 BTC p transaction.

In every things there are always many improvements ,as to bitcoins one area to be improve in bitcoins is the stable security of our bitcoin that it will not be rob or steal by other people especially the hackers, this is because one my friend a bitcoin member older than me in the organization has heen hack by his bitcoins,some only then it was gone.

[l0uisStanley]

I think it was smart thought when it was created. All we can change is to hope for lower transaction fees. Are pretty high now for small transactions

[artemchernov503]

It is necessary first of all to read all the literature and it is desirable to find a knowledgeable person who will be all.

[bitfocus]

there is nothing wrong with Bitcoin that needs to be fixed, but we really need to start using Bitcoin more and more like a currency.

[jelly199]

I don’t buy into that. Litecoin still has a place and Monero will be launching this in March as I last remember. Monero, Litecoin and Bitcoin are a great complimentary trio with similar ethos.

Regarding Monero, there is also something to be said about every transaction being private and every transaction from the very beginning of the blockchain being private. Monero provides this and this in itself has utility.

Agree though that bulletproofs are extremely exciting. Look forward to seeing this progress.