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Author Topic: What does bitcoin need to improve?  (Read 3987 times)
penetrak
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July 02, 2018, 01:31:50 PM
 #1021

BTC has certain undisputed benefits as a payment. If the BTC was sufficiently widespread, it could have great potential for the general economy. Firstly, for foreign-traded firms - as a universal trader in international commerce, where it would reduce the cost of currency transfers
as well as foreign payments at all. BTC has to improve the speed of the transaction confirmation and will open the door to many economic sectors.
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Psychee
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July 02, 2018, 01:34:04 PM
 #1022

I do not know what you're talking about, but I advise you to invest in a new crypto project like Socratus
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July 02, 2018, 01:37:42 PM
 #1023

I think much has to be increased by bitcoin because there are many hackers who rely on bitcoin as their first target so I think bitcoin should raise their level of security that can not be badly broken hack hack
Singbatak
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July 02, 2018, 01:39:46 PM
 #1024

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 to make the bitcoin better. Whales need to be lost. This is because now the price of bitcoins and many investors are losing money because of the whales. Maybe if they lose it many investors will again come back to invest in bitcoins and we'll see the normal rise again.
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July 02, 2018, 01:41:31 PM
 #1025

I would say most annoying part of Bitcoin is high fees and slow transfers. It's need to be upgraded if possible, but I guess it's not possible, unless Satoshi come back Smiley
donovank
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July 02, 2018, 01:47:28 PM
 #1026

What I think is that bitcoin needs to be replaced for crypto to improve.

Replaced, or another coin needs to join it's ranks. Crypto will become large enough to have multiple coins at the top.
LigwagGanern
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July 02, 2018, 02:06:11 PM
 #1027

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 are so many things that are advantage of bitcoin from other crypto currencies. But I think the thing/s that need to improve buy bitcoin is, if you have a bitcoin you are using one digital wallet. And that wallet is a combination of all wallet like you can convert you bitcoin into fiat money then withdraw it in atm (something like that) and it has a very strong security so that you are surely safe from the hackers or bad people.
harbin55
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July 02, 2018, 05:27:47 PM
 #1028

I think the company of bitcoin and its management should focus on improving its legality in the transactions because of lack of written contracts which is really main concern by the public investors.
Larrycool
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July 03, 2018, 08:22:58 PM
 #1029

Bitcoin really needs to work on the speed of confirmation of transactions and their price. But there is still the problem of the inability to withdraw and make payments in some stores. I think the level of awareness should be increased rapidly more than panics.
overseer470
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July 03, 2018, 08:39:37 PM
 #1030

Bitcoin is one of the most secure and safer online currencies right now so we can definitely make improvements in bitcoin like putting bitcoin ATMs in all the very helpful cities to pull their bitcoins up quickly without delay this will greatly help to increase bitcoin users across world.Thanks
sucre123456
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July 03, 2018, 09:03:43 PM
 #1031

From my standpoint , Bitcoin needs to improve on its consensus algorithm and the amount of energy it consumes to process blocks. I believe if these two are greatly improved upon, the Bitcoin network would be much faster.
Sammy198943
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July 03, 2018, 09:15:57 PM
 #1032

they need to instill stability between the raise and fall of the price
seantcm
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July 04, 2018, 10:58:42 AM
 #1033

If not, the whole crypto bubble is gonna collapse
LDenis555
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July 04, 2018, 09:30:59 PM
 #1034

I think that bitcoin will keep leading positions for a long time. Yes, of course there are a number of coins that would like to replace bitcoin, but so far they will not succeed.
Ad Baculum
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July 04, 2018, 09:36:11 PM
 #1035

Quote from: dupee419 link=topic=2948249.msg30290870#msg30290870 dat18629350
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 in need of more human interaction and more familiarity or connection with the public. But I think this will only be more focus on when all bitcoins are mined. This can create a stability to bitcoin and its price thus people will now see more on the function as a currency than as an asset for investment.

yamete kudasai
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July 04, 2018, 09:49:05 PM
 #1036

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 seems to remain on the top for the next years but it also needs to improve the network and the consumption of power in operating.  With thi, fees can be reduced and the money will be generally be saved. Hopefully,  bitcoin management can come up with more improvements in the future. There is still room for it to expand in the economy.
Guesstures012301
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July 04, 2018, 09:51:20 PM
 #1037

I think the bitcoin needs to improve like putting BTC in ATMs and they need to work on speed of confirmation of transactions. And it needs to improve the consensus algorithm.
zhopas
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July 04, 2018, 09:53:39 PM
 #1038

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 a good crypto and I think the things that it must be improved is their security to avoid those people who have bad intentions. Also they neee to fix the stability between the raise and fall of the price.
Investerio
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July 04, 2018, 09:57:54 PM
 #1039

The main disadvantage of Bitcoin is low-speeding transactions which depend on their cost. Plus there is not enough anonymity like Monero has, but I don't consider it to be a big problem
Misshi
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July 04, 2018, 10:08:31 PM
 #1040

Bitcoin is based on blockchain technology that is immutable, anonymous and decentralized. What I think that Bitcoin needs to improve is its scalability. Scalability means the capacity of Bitcoin to transact per second. Visa has large scalability. I guess it can transact 1,000 in one sec. Bitcoin should improve this one to avoid higher fees and slow transaction speed.

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