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Author Topic: What does bitcoin need to improve?  (Read 4101 times)
Jiralhanae
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June 04, 2018, 10:11:12 AM
 #301

Bitcoin has to improve alot things for the betterment of the Cryptocurrency. Bitcoin has to improve their scalability issues, Speed transactions if they want it to be a future "global currency", cut down the cost for transaction fees and Introduce new technology into their Blockchain technology such as Future Contracts, gaming, token bridge and they will have to swift from PoW especially with the mining diffculty increasing so much.
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upinros
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June 04, 2018, 10:35:24 AM
 #302

Yes Bitcoin continues to control the cryptocurrency market because it has become the first cryptocurrency, it has the greatest amount of support and has been proven to have a stable system for a long time. Most Altcoins come out in 2017 even if they manage to get a lot of value, they still can not get past Bitcoin because they do not have Bitcoin support is the energy requirement used to mine Bitcoin, it will always be a sticking point for many people and something to attack Bitcoin. If ways can be found for mining as fixed in terms of advantages and functions but to reduce energy consumption then it will be a big improvement.
riuzfairus
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June 04, 2018, 10:36:08 AM
 #303

All I want is to strengthen the security of the bitcoin, because so many people commit crime using bitcoins.
roshanface123
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June 04, 2018, 11:03:37 AM
 #304

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 a good system for making investment. But it had to improve its facilities by reducing its transaction costs and make bitcoin more securable.
shesheboy
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June 04, 2018, 11:14:11 AM
 #305

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 a good system for making investment. But it had to improve its facilities by reducing its transaction costs and make bitcoin more securable.

bitcoin is not a system because it is a currency. bitcoin does not also have a facilities because it is not a place or a building.  Bitcoin transaction fees are also fully dependable which means when the value of bitcoin is low the transaction fees are also low. And lastly bitcoin is already secure. You should only be careful on what you do online in order to avoid any other issues.

For me i think bitcoin is already perfect and will not need any improvements or modification.
Aragorn_125
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June 04, 2018, 11:19:44 AM
 #306

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.
Yes, almost nothing needs to be improved, because bitcoin currently shows a good bloodline, and the fall depends not only on the currency itself, so we are waiting for all the same rise.

daddypastes
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June 04, 2018, 11:24:30 AM
 #307

it has the largest amount of supports and it has been proved to have a stable system for the longest time most of the altcoins came out and even if they managed to gain a lot of value, they still won't be able to pass bitcoin because they don't have the support bitcoin has believe that bitcoin has a lot to improve, beginning with handling transactions, are currency it is limited to about 3-4 transactions a second, and more then that will just cause the whole system to be flooded in users, but those problems apply to all the kind of cryptocurrencies, you just don't see it at other currencies because only bitcoin was managed to get so much traffic....
Bhalibad
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June 04, 2018, 11:32:58 AM
 #308

I like how Bitcoin is, I can't think about any other necessary improvement besides transactions fee costs at this moment.

It's more about what shouldn't be "improved" than what should be improved, considering some people believe any Bitcoin's legalization and regulations are improvements...

I think Bitcoin have good improvement when we have some transaction because it is very secure like using payments of Bitcoin through the internet we can do it even we are in the house or we can purchase through the online system is very easy using bitcoin.
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June 04, 2018, 11:33:48 AM
 #309

If I am a customer wanting to use electronic money  for the purpose of payment I will chose use pay to the virtual currency with low fees and fastest transaction speed. So in order to compete with other currencies bitcoin need to adjust the fees and faster transaction speed than.

The KGB
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June 04, 2018, 11:35:58 AM
 #310

I do not think that bitcoin is ever going to be replaced, that is unlikely going to happen anytime soon, so i do not understand why you are really worried about that.
christian1103
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June 04, 2018, 11:37:51 AM
 #311

I do not believe that Staoshi is one person. Personally, I tend to the fact that this is a group of people united by the same name. It takes a minute or sometime a hours to successfully do things with bitcoin. So I want to improve the speed and less the fee,
Sircoss
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June 04, 2018, 12:02:34 PM
 #312

bitcoin is the best crypto and it is nothing to fix or improve in the world. only transfers speed must be little beat faster

zelda131292
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June 04, 2018, 12:13:46 PM
 #313

Probably the community that is behind it is one of the main things that needs to change (this community that is only hoping to get rich fast in here in a few months from now)
That needs to change

In bitcoin we trust!
Papapat22
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June 04, 2018, 12:19:36 PM
 #314

I think bitcoin was already perfectly fine. But if its possible to improve something, I wish that it would focus on its volatility. Though Bitcoin being volatile is given but if someday it would be reduced, then its great indeed.

Bitcoinnumberone
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June 04, 2018, 12:40:20 PM
 #315

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 has a lot of things to improve, I know that there's a room for improvement. Bitcoin is the number one cryptos in market, The transaction speed you need to change it because of slow transactions, scalability issue and low transaction fee. For the newbie they need some instructions step by step how to use and buy BTC, For me that is the problem of bitcoin nowadays.
crypto3644
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June 04, 2018, 12:50:34 PM
 #316

many years ago new cryptocurrencies appeared faster and safer than bitcoin and have not yet managed to dethrone it, I do not believe that any currency ever dethrones bitcoin, and bitcoin always needs some improvement
shafi alam
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June 04, 2018, 04:10:19 PM
 #317

I think in this situation those people who related with bitcoin or blockchain technology, they should more study about it. Because somewhere some newbie investors ruined this platform.
callmeback
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June 04, 2018, 04:29:03 PM
 #318

But if its possible to improve something, I wish that it would focus on its volatility. Though Bitcoin being volatile is given but if someday it would be reduced, then its great indeed. The transaction speed you need to change it because of slow transactions, scalability issue and low transaction fee. For the newbie they need some instructions step by step how to use and buy BTC, For me that is the problem of bitcoin nowadays. Bitcoin transaction fees are also fully dependable which means when the value of bitcoin is low the transaction fees are also low. And lastly bitcoin is already secure. You should only be careful on what you do online in order to avoid any other issues.
FIQRIE SEPTYAN 13
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June 04, 2018, 05:43:10 PM
 #319

in my opinion, nothing needs to be fixed with bitcoin, because the [Suspicious link removed]angement is nice and very convenient, so no need to increase bitcoin
THANKS Smiley
Robertqueen2
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June 04, 2018, 06:07:04 PM
 #320


Some problems that Bitcoin has come from its underlying tech, the Blockchain Technology.  This tech has brought about some technological challenges. Some altcoins, like ETH for example, have solved such problems to some extent. However, One problem is that bitcoin has been created with a limited supply of coins that may not meet the future needs. Another problem is the energy consumption of mining. Above all, Bitcoin needs mainly to improve problems regarding security and privacy.




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