Bitcoin Forum
July 10, 2024, 07:23:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
  Print  
Author Topic: What does bitcoin need to improve?  (Read 4111 times)
Phlaser
Newbie
*
Offline Offline

Activity: 257
Merit: 0


View Profile WWW
June 10, 2018, 11:09:53 AM
 #501

If there is anything that actually needs improvement in Bitcoin, then it's transactions ages. It is outrageously high and something need be done about it asap to avoid Ethereum (a competitor) taking the place of Bitcoin in the nearest future.
christtompsonru836
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
June 10, 2018, 11:10:32 AM
 #502

Lightning Network and Segwit adoption is already progressing well in the background so my honest opinion is that nothing else should be improved with BTC.
Devs are already working on Lightning Network, but with Schnorr multisig is handled like a regular signature, which make transactions more secure.
Saritelli
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
June 10, 2018, 11:12:20 AM
 #503

Many talk about reducing the time of transfers and reducing the payment for the transaction. I think that when I can take real money in ATM for bitcoins this will be the solution to this situation and the progress of the crypto currency in general.
I completely agree with you! This will make bitcoin a real payment tool that can be used anywhere. Also it will be possible to send money cheaply around the world, I think many people will use it.
bravehearth0319
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
June 10, 2018, 11:15:34 AM
 #504

I think like you stated, Bitcoin should start off with improving on their transactions. That part is the most concerning for people why Bitcoin is not much appreciated right now. But I also think Bitcoin also should start being able to cater to new users, being user friendly means that the public can easily adapt and use Bitcoin. This can open a door to new people and new investors.
cosmoo
Hero Member
*****
Offline Offline

Activity: 729
Merit: 502



View Profile
June 10, 2018, 11:16:49 AM
 #505

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 is good already. One thing that I want it to improve is speed of the transactions. It's not so fast as I want it to be. All the rest is OK.
Polkadott
Jr. Member
*
Offline Offline

Activity: 125
Merit: 1


View Profile
June 10, 2018, 11:19:43 AM
 #506

For me, transaction costs in bitcoin are high. I think security too but only a little. In my opinion, things that need to be improved by bitcoin is the time of the transaction. We need fast deals in bitcoin. Others are transaction costs
Dheo
Full Member
***
Offline Offline

Activity: 386
Merit: 100



View Profile
June 10, 2018, 11:20:09 AM
 #507

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.
What does bitcoin need to improve. I think bitcoin needs many investor to make the the company to grow up to need make it bigger and stronger.

Yes, bitcoin needs to have more investors I think  this is the only way for bitcoin to increase it's price, and also bitcoin needs to improve so many people are encouraged to invest on it.
Rana590
Sr. Member
****
Offline Offline

Activity: 1750
Merit: 267


View Profile
June 10, 2018, 11:20:22 AM
 #508

We are responsible for up or down the price. If the many users hold it in strong mind then the price will be rising. Holding is the main factor in this respect. So hold it for improvement the progress of bitcoin.
Andriannez
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
June 10, 2018, 11:24:01 AM
 #509

Bitcoins need to improve its seem like great cryptocurrency in online bussiness in technology world. First need to provide a higher assurance to the investor and trust.Second, Speed confirmation to the investor ,3rd
A good value and stable crytocurrency of the Bitcoin.
Swanh
Newbie
*
Offline Offline

Activity: 138
Merit: 0


View Profile
June 10, 2018, 02:23:38 PM
 #510

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 best thing that can really help bitcoin to improve is only adoption,more adoption of bitcoin as a way of payment and less investors who want to get rich overnight that way we can see bitcoin actually grow too.
mkcube
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
June 10, 2018, 02:27:23 PM
 #511

I think the best need to improve bitcoin is to have more investors. Maybe it is the only way to increase its price and also bitcoin needs to improve many people encourage to invest.
Wahyu aep
Newbie
*
Offline Offline

Activity: 149
Merit: 0


View Profile
June 10, 2018, 02:33:14 PM
 #512

I believe that bitcoin has a lot of things to improve, starting with transaction handling, is currency limited to about transactions per second, and more than that will only cause the entire system to be flooded with users, but the problem applies to any cryptocurrency type, you do not see it in other currencies because only bitcoins are successful in getting a lot of traffic. benefits and functions but to reduce energy consumption then that would be a big improvement.
Gotumoot
Sr. Member
****
Offline Offline

Activity: 1372
Merit: 261


View Profile
June 10, 2018, 02:41:03 PM
 #513

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.

Well I think Bitcoin must provide a higher assurance for our hardworks and effort to take turn into our since gaining here become harder and harded each day ,and I cannot take anymore how the ICO take the bounty hunters for granted, late distributions and even scam projects, a little bit of security for our hardwork is need I think.
Yes and if that happens i think the panic seller will lessen because of the assurance to gain higher profit when the price increase. Bitcoin needs to improve its characteristics, other coins are going to be bigger than bitcoin because all coins are created based on the bitcoin, so that they are creating better coins than bitcoin. Bitcoin must upgrade in able to be much better than other coins.
Boknoyz
Full Member
***
Offline Offline

Activity: 358
Merit: 108



View Profile
June 10, 2018, 02:43:52 PM
 #514

First of all BTC should be taken as primary currency on every service providing websites, it could be replace Paypal or other currencies.Bitcoin is is strong based crypto currency.Further BTC should be provides more opportunities to earn with.We know it's a quite easy to use, and also strongest crypto currency.But just should be change these in basic and minor things and give facility to their users and their investors.
Umar001
Member
**
Offline Offline

Activity: 308
Merit: 14


View Profile
June 10, 2018, 02:47:54 PM
 #515

What bitcoin need to improve, is to stabilize the market price, the level of price frustration is much, it scares investor away, bitcoin market price became so difficult to predict, investor no find it funny. So bitcoin manager should do something about price frustration.
oluwatosin1
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
June 10, 2018, 02:54:28 PM
 #516

Bitcoin should be promote more so as to draw in more individuals. Starting at now, there were numerous ways it was publicize yet I believe isn't yet enough. They ought to apply more push to do it.
acord00
Jr. Member
*
Offline Offline

Activity: 225
Merit: 1


View Profile
June 10, 2018, 02:57:28 PM
 #517

Yes, it is true that bitcoin needs to improve. Bitcoin needs to be renewed with renewable technology innovations. First, bitcoin needs to increase its transaction speed. It is very important to keep bitcoin remains the society's choice for transactions. Now, bitcoin takes 10 minutes transaction time. That's a long enough time in a long time that bitcoin only able to do 6-7 transactions. Now, altcoin is present that offers transaction speed in just a few seconds. This certainly threatens the existence of bitcoin. Bitcoin has a small block size, about 1 MB. This includes a very small size so bitcoin should increase the block size if bitcoin still wants to be the community's choice. Other altcoins are also available that offer a large block size so this becomes a warning for bitcoin. The last, bitcoin needs to increase traffic transactions to remain stable when hard fork occurs. That's my bit of advice for bitcoin.
billykannithi
Member
**
Offline Offline

Activity: 330
Merit: 12


View Profile
June 10, 2018, 03:02:58 PM
 #518

Bitcoin need improve manything, i think so. First, BTC need expand your size. 1MB is too small. Second, BTC need improve your transaction speed. When many transactions has creat at the same time, the transaction will pending and the fee is more expensive
If anyone have new idea, please add. Thank you so much
hmmkay
Full Member
***
Offline Offline

Activity: 306
Merit: 100



View Profile
June 10, 2018, 09:55:55 PM
 #519

First of all, the speed of transactions needs improvement. In comparison to other blockchains, it is quite slow. I think that Bitcoin also needs smart contracts. Something like rsk.co wants to implement.

khaled0111
Legendary
*
Offline Offline

Activity: 2576
Merit: 2916


Top Crypto Casino


View Profile WWW
June 10, 2018, 10:00:23 PM
 #520

Technically, Bitcoin doesn't require many improvements beside solving some issues regarding fees and confirmation time, maybe we should think of solving the problèmes of the limited number of Bitcoin which is 21 million.
Otherwise, the only problem is with governments and banks trying to control this cryptocurrency and making it dissapear.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!