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Author Topic: What does bitcoin need to improve?  (Read 4111 times)
TommyAMD
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June 04, 2018, 06:09:27 PM
 #321

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 always be the number one cryptocurrency. But technical and political efforts will be needed to improve it. Such as technical means for quick cashing out, recognizing bitcoin as a national currency.
BinManR
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June 04, 2018, 06:14:57 PM
 #322

bitcoin and blockchain are unique characteristics. I think bitcoin still works well. It is becoming more and more popular and fair to the public. But I think a revelation of the future bitcoin devs or ceo could bring about changes in legalization or confirmation of future growth. seems to be good for bitcoin and community.
karloscimot
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June 04, 2018, 06:19:28 PM
 #323

if in my opinion many gan. both in terms of price if we see from 2018 until now that continues to experience a sharp price decline. bitcoin prices have just started to improve over the course of a matter of days if it goes up bit by bit if it has come down as if going free fall. maybe that's all that should be fixed

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June 04, 2018, 06:20:14 PM
 #324

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.
It needs to improve solely because the users and investors number are growing as time passes by and to corporate such numbers, much innovation would be needed for a better investment and ease of transaction. If bitcoin would stay the way it was, some will not appreciate it that much anymore and would more probably avoid investing on it.

samvel86
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June 04, 2018, 06:55:06 PM
 #325

I'm sure that bitcoin has a lot to improve. The biggest problem for bitcoin now is high fees and also bitcoin should update its transaction speed. I hope it will resolve soon.
GhostInSpace
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June 04, 2018, 06:56:57 PM
 #326

I'm sure that bitcoin has a lot to improve. The biggest problem for bitcoin now is high fees and also bitcoin should update its transaction speed. I hope it will resolve soon.
How much are the fees? arent they fee thousand satoshis?
also I say Bitcoin should be easier to be mined!
chris paul
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June 04, 2018, 07:03:14 PM
 #327

Well,  I feel bitcoin is damn good . I mean I'm satisfied with it . But as you said there are few cryptocurrency's  trying to over come Bitcoin and showing off , still bitcoin is the king . it's like bitccoin is the old king sitting on the throne and others are trying to take the throne but bitcoin seems to be quiet strong , stronger then all of them and bitcoin rules . but i regret something which is speed , i mean if there would be fast transactions that would be really great .
bitbunnny
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June 04, 2018, 07:03:41 PM
 #328

Everything needs to improve and evolve in order to survive. The same it's with Bitcoin. From the begininig when it first appeared it has passed a long way with some minor changes but there is still room for improvement.
To my opinion fees are no longer such problem because they are not so high anymore and the miners need their share.
Regulation is now one challenge that Bitcoin is facing and if it's done properly it could help a lot. I.think this is currently the most important issue related to Bitcoin and cryptocurrencies in general.

TontomHit
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June 04, 2018, 07:09:43 PM
 #329

Bitcoin is quite slow compare to other currencies. Fee-s were crazy a couple months ago, but it's fine now. It may would be nice to use a bit less energy. Anyways, I don't think it can improve in technology to reach the level of other coins, but still, Bitcoin is Bitcoin, it will stay a Top coin for some time.

Emanammy
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June 04, 2018, 07:23:45 PM
 #330

After sum up all the things about bitcoin i think its fees should be low because many peoples in this world do not afford such fees.I think bitcoin should be advertised because people will get chances to know about it.
tazman
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June 04, 2018, 07:37:57 PM
 #331

My opinion that bitcoin is considered by many to be the best, it largely depends on its value, the highest, in comparison with the altcoyins. But, judging objectively, then, indeed, there are the most refined coins, which, in the future, may be replaced by bitcoin. And, I'm sure that in the future there will be even more perfect technology for blockchain.
AltCoinBuddah
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June 04, 2018, 07:51:31 PM
 #332

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?
sarta afdal17
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June 04, 2018, 08:56:33 PM
 #333

We believe that bitcoin has many things to improve, starting with transaction handling, currency is limited to counts per second, and more than that will only cause the entire system to be flooded by users, but the problem applies to all cryptocurrency types. You do not see it in other currencies, because only bitcoin succeeds in increasing transaction speed... Smiley Smiley
JeffreyBasil
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June 04, 2018, 09:04:04 PM
 #334

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.
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?
Polo joey
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June 05, 2018, 02:26:32 AM
 #335

The market has really been unstable for the better part of 2018 but as a cryptotrader you need to possess or master the art of patience. The market will definitely recover no matter how long it takes, we only need to be patient.
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June 05, 2018, 02:40:04 AM
 #336

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 need to improve is the transaction here because there are so many other cryptocurrency that are wanted to overpass bitcoin and make their transaction fast and also there are so many issue that bitcoin is use by the criminals because the transaction here is so secured and no one will find what you do to it.
ronaldo 1994
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June 05, 2018, 05:04:13 AM
 #337

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.
Gotomoon
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June 05, 2018, 05:09:40 AM
 #338

We believe that bitcoin has many things to improve, starting with transaction handling, currency is limited to counts per second, and more than that will only cause the entire system to be flooded by users, but the problem applies to all cryptocurrency types. You do not see it in other currencies, because only bitcoin succeeds in increasing transaction speed... Smiley Smiley
Bitcoin needs to improve the transactions daily sometimes it is slow for the confirmation. The fees should be lessen if we can see the fees every transactions were high so hopefully in the future it can be lessen. A lot of issues but I think their is improvement in the future.
Raggie
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June 05, 2018, 05:23:47 AM
 #339

Every aspect of bitcoin need to be improved. If there was no improvisation, then bitcoin will be left by the holders because many altcoins
other than bitcoin offering a new better features than bitcoin. Such like ETH, it has a smart contract for automate the transaction process.
phillymogul
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June 05, 2018, 05:32:32 AM
 #340

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 needs greater adoption by merchants and use by consumers. So basically increase demand. Many today are trying to HODL bitcoin, and with the recent price decline why not?
But this goes against increased usage and adoption. This needs to be improved and as it happens price will rise. 

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