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Author Topic: What does bitcoin need to improve?  (Read 4111 times)
validavi
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June 19, 2018, 04:31:18 PM
 #761

Bitcoin transfer should be instant. There are already other payment options that allow this and thus it is  a must if crypto has to compete.
Xenrise
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June 19, 2018, 04:37:00 PM
 #762

I don't see anything that bitcoin need to improve. I believe that it got what it takes for it to become the best asset that can't be seen. This is the greatest thing of investment that was created. Good choice in investing in this coin.
thereactor334
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June 19, 2018, 04:48:49 PM
 #763

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.
Absolutely! there are other upcoming coins which has a very promising project like the LEDU COIN that brings professional development to the next level
taeewo
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June 19, 2018, 07:08:19 PM
 #764

Fast transactions confirmation and reduce the transaction fee
SistaFista
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June 20, 2018, 01:57:54 AM
 #765

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 already good, only their transaction speed is a little slow due the block time from my opinion.
Other than that, for me bitcoin is the best and the first cryptocurrency created in the world.

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mohammedhwang
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June 20, 2018, 02:14:15 AM
 #766

The only thing bitcoin needs to improve is transaction fee and the transactions time.Bitcoin has to be able to sustain high transaction volumes and effectively lower the risk for 0-conf transactions. I doubt a block interval decrease would be possible.
estupido
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June 20, 2018, 02:24:47 AM
 #767

I think the perfect bitcoin I just want bitcoin can overcome the hackers in order not to become more rampant
binhbaamboo
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June 20, 2018, 02:27:47 AM
 #768

With bitcoin I think that the transaction fee is the first thing need to improve. Now bitcoin and other altcoin transaction fee ( deposit and withdraw ) is still high.
harrylucky67
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June 20, 2018, 07:43:17 AM
 #769

The only thing bitcoin needs to improve is transaction fee and the transactions time. It is excruciating that bitcoin has transaction fees more than altcoin. Sometime blockchain take too much time to do transaction in some time do fastly but lighting network can control the bitcoin transaction fees.
maerose_sun
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June 20, 2018, 07:50:48 AM
 #770

I think the bitcoin needs to improve the Consumer Protection, for example like credit cards you can call Visa or Mastercard if you don’t receive the goods you paid for, in Bitcoin who do we wanna call? And then it must have Lower Volatility and Higher Adoption.

MascharonoM
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June 20, 2018, 11:17:34 AM
 #771

I think that the best way is to improve bitcoin in branding no doubt. But I think if most countries allow using bitcoin then the users will grow fast. What about some other ICOs like- SciDex, Altcoin, PTC, BTC, Ethereum. Are there any chance of growing?
mathew232
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June 20, 2018, 11:18:31 AM
 #772

i think you are right
Saiful Islam777
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June 20, 2018, 11:48:07 AM
 #773

Since Bitcoin is being used, I think it needs more comfort to get more benefits. It should be used in different places so that people can easily purchase it using it.
znakistu
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June 20, 2018, 12:01:16 PM
 #774

The main problems of bitcoin are scalability, speed and high commission. in August 2017, a beta version of the Lightning Network for the network was released. This technological innovation allowed to increase the efficiency of bitcoin, namely to increase transaction bandwidth and reduce the commission fee. very soon, other "chips" are being prepared, which, we hope, will make the work of bitcoin even more perfect.

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HukoJla
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June 20, 2018, 12:23:25 PM
 #775

Bitcoin continues to manage the crypto-currency market, because it was the first crypto currency, it has the largest number of supported devices, and it has been proved that it has a stable system for the longest time. But it has drawbacks, such as block size, transaction speed, etc. There are also problems with the consensus algorithm, and the environmental impact of Work Evidence is the biggest shortcoming in the long run.
kcirnhoj15
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June 20, 2018, 12:32:46 PM
 #776

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 there is nothing to fix with bitcoin, because bitcoin is very good, but only one is possible for us with the problem of delivery that sometimes, long to wait until 6 confirmation ...
Bitcoin is almost perfect. But there is one problem I saw, you  are right! sometimes the transaction is taking to long for us to confirmed the transaction mostly if you transferred high volume of money. But, I'm not consider this as a major issue  Grin
zainhaider
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June 20, 2018, 12:35:24 PM
 #777

It finally needs to be used in some big projects/platfroms or ETH will surpace it soon. The speed is a great provlem, but there is not much to be done here.
flyingplows
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June 20, 2018, 12:44:25 PM
 #778

Bitcoin needs Lightning Network, bigger block size and smart contracts. Not sure about smart contracts... It might be too early or too late for that, since Ethereum does a good job there, depends what purpose do you see Bitcoin fulfill..

cryptosharon
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June 20, 2018, 01:55:52 PM
 #779

Bitcoin is instrumental to the present financial global payment for this present days. It just need the support of people using it and once users increases, then the price increases and moreso, they it value increases and improves.
Jenn09
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June 20, 2018, 02:04:00 PM
 #780

Bitcoin need to improved its exchanges that can span its exchanges in quickest access for us and also the fee should be in low price only for us to invest more in bitcoin. Also they need to expand it advertisement for it to be well known to other countries and also lead to many people to invest in it.



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