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Author Topic: What does bitcoin need to improve?  (Read 4143 times)
SnowWhiteOwl
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June 05, 2018, 12:55:08 PM
 #361

The core innovation of Bitcoin is distributed consensus building. However, most of the potential use cases that would benefit from a ledger of this sort (i.e. contracts) are not particularly easy to build on top of Bitcoin. This is what has prompted the development of so-called DAC layer apps, both metacoins and Ethereum.
jmvzlfyg
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June 05, 2018, 12:56:31 PM
 #362

First of all, the need to rush is the efficiency of transactions, which often encounter the problem of network congestion at rush hour. Sometimes it takes several hours to complete the transfer.
tonyjon
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June 05, 2018, 01:45:53 PM
 #363

Of course, other coins are already close to bitcoin. Some altcoins have fast transactions some coins are anonymous. It is too early to say that someone will shift bitcoin from the first place, but everything can be in a few years.
traderethereum
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June 05, 2018, 02:16:40 PM
 #364

maybe bitcoin need to improve the time for completing the confirmation so the transaction doesn't need to wait for a long time and besides that, I think the fee needs to reduce too. but I don't think that it would be easier to do because I think there will need many things before this is already happening and we can send the transaction and it's complete in just a minute or so.

Jansaa
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June 05, 2018, 02:30:15 PM
 #365

Bitcoin or any altcoin that wants to succeed and keep up with the times must evolve! Stop, you are backward! Bitcoin can be replaced by altcoin but development is inevitable!
Oppang Inamo
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June 05, 2018, 02:39:18 PM
 #366

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.
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Bitcoin is one of the secured online currencies and more trustable now a days so we can definitely make a improvement in bitcoin like putting bitcoin ATM's on all cities it is very helpful to withdraw their bitcoin quickly without delay this will helpful to improve bitcoin user's all over the world.
This is what I am thinking also. Well, bitcoin is really good. But then if it has to improve that is the way we withdraw our money and earnings here. Lets face it that sometimes it ain't easy to withdraw money on ATM from bitcoin. But if it happens that it will be improve, it will be much easier and convenient for the people to work here.
NelfiNovita
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June 05, 2018, 02:42:58 PM
 #367

I want the delivery transactions to be more quickly confirmed and the cost is slightly reduced, so there is no repeat transaction process and it makes me more calm. it would be more fun if bitcoin is legalized all over the world so we are more comfortable using it with atm machine.

Ethan Argu
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June 05, 2018, 02:49:00 PM
 #368

There are many things to improve like, how it could be visible to others. Give a knowledge for people who didn not know about bitcoin how it works and how to earn with.

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June 05, 2018, 02:50:20 PM
 #369

Nice question. I would like to say what I think bitcoin should improve and that is the supply. I think that is the first thing bitcoin should improve its supply in order to back the price at 100$.  Grin

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June 05, 2018, 02:53:02 PM
 #370

if I think the price gan. because the price is still down dratis and very far away if compared with the highest price ever bitcoin achieved before. just that advice and insert from me hopefully bitcoin price soon improved .
Ayaancool
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June 05, 2018, 03:08:26 PM
 #371

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.
There is nothing specific to improve, but I think there is something to rectify it that's its high transaction fees.
elisabetheva
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June 05, 2018, 03:10:44 PM
 #372

which bitcoin needs to be upgraded in my opinion better in wallet security, transactions, and have a guaranteed profit on development so can depress the negative side in people's view if they want to invest in bitcoin no doubt




I think that bitcoin has a lot to raise, starting with transaction handling, is a currency that is 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.

because the consequences are inevitable because so many requests so the transaction trafic is also quite a lot, and I really agree if the performance of each transaction is limited to 3-4 seconds per transaction, there will be changes and significant improvements
Punisherx100
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June 05, 2018, 03:41:58 PM
 #373

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 one of the secured online currencies and more trustable now a days so we can definitely make a improvement in bitcoin like putting bitcoin ATM's on all cities it is very helpful to withdraw their bitcoin quickly without delay this will helpful to improve bitcoin user's all over the world.

Bitcoin need to improve the security itself and all the transactions made from person to person. a lot of fake news are surrounded in the community trying to beat the bitcoin.

brightology
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June 05, 2018, 03:44:51 PM
 #374

Bitcoin need more investors into the industrial system to trade and investment for a long period of time, which  we make the market quantity to have more value than before.
Bitcoin has come to stay and it has already empower many people, and still going to do more
KnightElite
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June 05, 2018, 03:49:21 PM
 #375

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 transaction should be improve, we all know that the bitcoin is created for us to have better and faster transaction but there still times that traffic occurs in bitcoin transaction. There are also bugs that should be remove in the bitcoin.
sapnu
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June 05, 2018, 03:50:16 PM
 #376

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 to improve its value's volatility. Too much volatility can cause panic and heart break for many so it would be better if the volatility will reduced. I'm not saying it should be stable, what I mean is that bitcoin should not have its price changing too many times every week or month so that people won't need to worry anymore everyday.
Heopu
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June 05, 2018, 04:29:31 PM
 #377

Each currency has its advantages and disadvantages. As you say Bitcoin is still king. So I think bitcoin is good and now there is no need to change anything.
imking
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June 05, 2018, 04:33:33 PM
 #378

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 person needs to improve to reach the dream. Smartphone need to enhance their smartphone in order remain their company. All things in this world need to improve. Yes, bitcoin need to improve, so what the things bitcoin need to improve. First the address of the bitcoin, you know why because allot of the country disallow the bitcoin on their place because some idiot person uses the bitcoin as a tool on the criminal activities.  In short, if someone uses the bitcoin on the illegal activities the government or the CIA have access to know the person behind the address.
liseff3
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June 05, 2018, 06:11:28 PM
 #379

Before the launch of cryptocurrency, bitcoin is the initial initiator of the appearance of other crypto coins, and the first is usually identical to the experimental designation. Well, for me bitcoin is an experimental coin, I think it's natural that there are some shortcomings in bitcoin, because in those days (the days of Satoshi Nakamoto made the first coin 'BITCOIN' in 2009) computer technology isn't as sophisticated or as powerful as it is today such as ASIC Miner, CGMiner, BFGMiner or possibly other series, if any (sorry that's all I know) but the fact's bitcoin has managed to fix the deficiencies that occur in conventional money. So obviously, aside from being the originator of other coins, bitcoin has also given birth to new ideas especially in IT, that's it the emergence of some of the 'MINER' tools I mentioned earlier. Not only that, the presence of bitcoin accompanied by his brother named 'Blockchain' LOL.

Although bitcoin is considered to be disruptive for some industrial sectors, especially finance and banking, but blockchain can be utilized to be a great opportunity, because this technology has a more secure, transparent, fast, and efficient, which can run without bitcoin.

The presence of another crypto seems to have been planned well in advance perhaps after the launch of bitcoin. The main purpose of this altcoin is to cover the weakness of bitcoin which is due to its limited supply of only 21 million coins, not only that every new altcoin emerges usually accompanied by innovation which is expected to improve the deficiency of bitcoin its slow transactions. I think this's where Mr. Satoshi Nakamoto, as he was able to predict the future state of bitcoin which will experience some problems during his journey.

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's pretty good and right now we can only wait for a positive decision from the government, that's all (While biting a finger)
kingkongcorp
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June 05, 2018, 06:22:25 PM
 #380

Probably Not Because It's Not Too Sure To Get Rid Of Bitcoin So We Do not be afraid if there's a new cryptocurrency wanting to get rid of bitcoin because bitcoin will still be number 1 in cryptocurrency
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