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Author Topic: What does bitcoin need to improve?  (Read 4109 times)
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June 18, 2018, 12:15:06 PM
 #721

if I think of course bitcoin is to improve Infrastructure and that need to be improved now bitcoin by increasing the cost required for bitcoin transactions and creating solutions for easier payment.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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June 18, 2018, 12:34:49 PM
 #722

I don't think bitcoin needs an improvement because nowadays it is very popular but if they do more improvement on it then it is a very good idea so it will become more powerful. But if they will not do an improvement then i will still be happy because it is better always.

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June 18, 2018, 01:43:17 PM
 #723

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.
Maybe about the security. Because although the team of bitcoin have claimed their system's security is maximum but we can still find many scam regarding to the bitcoin.


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June 18, 2018, 02:13:08 PM
 #724

I think what bitcoin need to improve is on transaction fee. Bitcoin transaction fee getting higher and more expensive than banks when bitcoin price above $10k and i think bitcoin need improve on this matter  Smiley
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June 18, 2018, 02:23:05 PM
 #725

if bitcoin is received by a country first, then the bitcoin will help increase the country's income. By making a transaction like any transaction using bitcoin will be taxed. But the government has to adjust its taxes to bitcoin so as not to be too big for bitcoin owners.
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June 18, 2018, 02:25:38 PM
 #726

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 only thing I just want to improve on bitcoins is to use it just right. It's always because the name of the bitcoins is involved in the invesment scams that are just acts of exploiters. This trend should be removed and the names of bitcoins should be removed so that new investors will no longer be frightened and have no bad experience.
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June 18, 2018, 02:57:15 PM
 #727

All things, phenomena must be developed, advanced to meet the needs of use. Bitcoins always need to be developed, otherwise, Bitcoin can be replaced by another altcoin better...
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June 18, 2018, 03:08:02 PM
 #728

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 the best way that bitcoin can do is to improve the introduction of bitcoin in the social media and the good benefits that bitcoin offered to many people and also let's not forget to include the success stories of many people who became millionaires and billionaires due to bitcoin investment.

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June 18, 2018, 03:13:37 PM
 #729

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 really believe bitcoin will still rise in coming months but i still believe that media advertisement that encourage people to invest may help because most people today are dependent in social and they live it today without it and also it is better to regulate or limit the introduction of new coins in the market.
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June 18, 2018, 03:14:16 PM
 #730

Bitcoin does not need to do anything,he was the king of crypto-currencies and remains them.And the emergence of new coins is a normal process
No, not true, it could improve the throughput (= number of transactions it is able to accommodate in its blockchain). Currently it is by large inadequate to the needs, and as a result we can see astronomically high transaction fees at times. However, obviously, it is the developers that need to improve it, it will not happen by itself, without their engagement.
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June 18, 2018, 03:33:37 PM
 #731

i think that the bitcoin needs to improve is there safety and security . Bitcoin needs a system that prevents people from day trading.
Josiah Dave Leonor
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June 18, 2018, 03:58:08 PM
 #732

bitcoin needs to improve its security and process of ita blockchain, because some crypto are strengthening these values so that they can compete against bitcoin, even they cant win over it , but to make level to it.  Bitcoins process becoming down
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June 18, 2018, 05:01:52 PM
 #733

I think Bitcoin will get more improvement. However, the transaction must be safe in case of emergency. So to ensure safety.
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June 18, 2018, 05:17:29 PM
 #734

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.
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June 18, 2018, 07:24:43 PM
 #735

I guess the Bitcoin needs to improve is their security through websites and everything so it won't be easily hacked by aliens. That's mostly the case since every transaction needs to be done online. Desperate people will do anything to get everything.
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June 18, 2018, 07:32:52 PM
 #736

I like how Bitcoin is, I can't consider some other important change other than exchanges expense costs as of now.
It's more about what shouldn't be "enhanced" than what ought to be enhanced, thinking of some as individuals trust any Bitcoin's legitimization and directions are changes...
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June 18, 2018, 07:42:27 PM
 #737

For the technical purposes, I think Bitcoin is all good. People will say that the transaction price is high and transaction time should be reduced. But I think that's not necessary. The security possess the more importance. And this security cannot be maintained without a longer transaction time. On the other hand, I think the price or value of the Bitcoin needs to be more stable.
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June 18, 2018, 07:44:25 PM
 #738

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.


First, I don't agree with Bitcoin going to be dethroned. Bitcoin is very volatile but if the marketcap of it change negatively then it's possible. Next, I also see that Bitcoin needs a little improvement, especially with security. Hackers are getting smarter every day, we need to secure our asset in a 10/10 grade of security. That's all I can think of right now. I'll edit my post as soon as I realize what would be best for BTC.

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June 18, 2018, 07:53:33 PM
 #739

Bitcoin needs to improve many crypto currencys have springboarded from bitcoin and become more effective currencies. The banking industry stated that crypto currency transactions are slow and costly anyone who has sent money internationally in the past knows thats the complete opposite. Bitcoin needs keep expanding to handle more transactions globally less time
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June 18, 2018, 09:23:33 PM
 #740

I guess the Bitcoin needs to improve is their security through websites and everything so it won't be easily hacked by aliens. That's mostly the case since every transaction needs to be done online. Desperate people will do anything to get everything.
I will give two suggestions the one is to consider the exchange rates and the second is to improve the transaction confirmation timing, otherwise i cannot see and feel any other change to be taken in bitcoin, In fact most of the people are not using bitcoin in their daily life because of the transaction fee which is increasing from time to time.
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