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Author Topic: What does bitcoin need to improve?  (Read 4109 times)
Yakapo
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June 01, 2018, 05:34:07 AM
 #221

In the recent years, Bitcoin has fallen short of expectations and many people are starting to lose faith in it, this is mainly  due to the high mining costs that really doesn't reward as much, if it was to improve, first find a way of reducing the mining cost, the energy consumed in the process and the rate of transaction which is super slow of late
AliMan
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June 01, 2018, 05:34:22 AM
 #222

i'm newbie here to use bitcoin and also here in bitcoin talk and i think when bitcoin is improve is very good to other users of bitcoin many people to happy for this and also as newbie.
There's a lot to improve in bitcoin and everyday is a great opportunity to make it better. Talking about security bitcoin must take that seriously because money matters in that section and hacker should not be taken for granted so bitcoin must improve its safety. Other thing is the promotion that needs a serious look and improvement to encourage other people to invest in bitcoin.

Salesman4coinZ
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June 01, 2018, 05:35:02 AM
 #223

I think bitcoin ahs to improve their technically site. It has to become a lot faster and have to process more transactions. So bitcoin becomes more and more famous, but the network cant handle this fame. People who are new in to cryptos want to try it out but they see all the problems with the network. So it has to become a lot more userfriendly!
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June 01, 2018, 09:18:43 AM
 #224

Bitcoin had did a lot of things which makes them almost perfect in terms of the benefits. But still there are a lot of things that bitcoin should improve. For me the most top or the most prioritize the improvement of transactions charge. We should admit that some bitcoin users had already shift to other crypto currencies because of the increasing transaction charge which bitcoin is doing. The second to the top I guess is that they should improve their relationship with the government because we all know that the government has the power to ban or stop bitcoin on existence on their jurisdiction. 
Shtamm_oval
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June 01, 2018, 09:48:30 AM
 #225

Bitcoin has grown in popularity. The problem is that many countries do not want to recognize bitcoin as the official currency. This would help start paying bitcoin for services and goods.
Triffin
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June 01, 2018, 09:58:52 AM
 #226

i'm newbie here to use bitcoin and also here in bitcoin talk and i think when bitcoin is improve is very good to other users of bitcoin many people to happy for this and also as newbie.
Not many people all people will happy especially bitcoin user will happy when bitcoin price are gone improve because in the end of 2017 their were alot of people who invest their all saving in bitcoin and they hope btcoin will go their highest price but after that in 2018 bitcoin price are become half and now they hold and wait for the increase in bitcoin price. it will be very big news when bitcoin price are more improved for all investors.

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June 01, 2018, 09:59:42 AM
 #227

Bitcoin has grown in popularity. The problem is that many countries do not want to recognize bitcoin as the official currency. This would help start paying bitcoin for services and goods.



For me only to improve on bitcoin is to legalize on government so that bitcoin we can use to pay for our needs like foods because i think bitcoin is like a fiat money and we know bitcoin is better than gold because of the price is good so i think for me if the bitcoin will legalize thats is enough to improve the bitcoin.

dubinsky
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June 01, 2018, 10:00:51 AM
 #228

I think what needs to be improved is the system on the network. Bitcoin users continue to grow and transaction queues get longer so sometimes the process takes a long time. As additional users and transaction network additions may be very important.
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June 01, 2018, 10:01:59 AM
 #229

The transaction speed should be continuously improved.
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June 01, 2018, 10:03:33 AM
 #230

I don't think we can do something top contribute for the betterment of bitcoin becuase ourselves have no control over it, we are just simple user of it and somehow a participants in a camapign wjo were hoping that it would raise to a valuable amount annd earned some profit.

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jackky
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June 01, 2018, 10:06:13 AM
 #231

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 is currently the best coin in the crypto market. I do not think bitcoin has any weaknesses. So that new bitcoin is all people trust and invest until now. Possibly in the future bitcoin will still be the most prestigious currency
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June 01, 2018, 10:16:58 AM
 #232

in my opinion bitcoin already has some pretty good features this is why until now bitcoin is still much in demand by crypto users. besides I think bitcoin is the first crypto made so bitcoin will definitely have a pretty high value and also from the level of popularity, of course bitcoin has a fairly high level of popularity compared to other types of crypto.

 
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bitfocus
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June 01, 2018, 10:17:59 AM
 #233

i don't see anything that need to be added to Bitcoin - Bitcoin is already awesome.
rushel22
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June 01, 2018, 10:33:43 AM
 #234

The most simple of things to improve upon are transaction time and transaction cost. Bitcoin at best is usable for large transactions (still debatable) it is in no way suitable for micro transactions right now. If it can ever get confirmation times right down and fees to be cents or less then the use cases will increase ten-fold.

Other areas bitcoin can improve upon are the energy requirements used to mine bitcoin, it will always be a sticking point for many and something to attack bitcoin over. If a way can be found for mining to remain as is in terms of profit and function but to greatly reduce energy consumption then that would be a big improvement.
Yeah. I think bitcoin's need to improve is a secured transactions and also the security of every account. Avoid from any hackers and anti- scams. That's what I think bitcoin can better.
fishball
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June 01, 2018, 11:07:46 AM
 #235

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.

The confirmation processing should be not too many like make it two to three that includes all. But nonetheless, bitcoin is still the best.
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June 01, 2018, 10:07:35 PM
 #236

Bitcoin is majorly known worldwide now, might not be to every single person but at least it's known enough for it to stand. It should be widely spread and introduced to more people and transactions should be made faster than norm. Then the government of most countries banning it should accept it.

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satria2
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June 01, 2018, 10:12:41 PM
 #237

Which is needed to increase Bitcoin is the higher Bitcoin price every year. Grin it's a very waiting thing waiting.
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June 01, 2018, 10:47:28 PM
 #238

i think bitcoin needs a lot of improvements because I sae new cryptocurrencies that are better than bitcoin and have more advantages than it but still bitcoin is the king because that is the right place for it.  really need to develop or improved its speed of transaction of payouts or cashouts, cause it takes a day or two for you to cash it out, and also its transaction fee, its whooping high for a transaction fee, thats all its not that a really problem to be fix and bitcoin does not need to improve their technology, because it's the current technology that makes bitcoin great.

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June 01, 2018, 10:53:10 PM
 #239

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.
indeed a lot of coins that appear I think bitcoin still at a better price may be bitcoin with a stable price and reduced negative news about bitcoin may bitcoin will be more desirable investors again
Rarahumaira
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June 01, 2018, 11:09:27 PM
 #240

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 is needed to improve because I think bitcoin holders do not want bitcoin to fall in price because it will be very detrimental to them and I also hope bitcoin will get better from year to year.
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