V. J. Meyer
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Activity: 308
Merit: 10
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July 04, 2018, 10:15:37 PM |
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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. I think the thing that BTC needs to improve the most is the speed of the transaction, the slow transaction is the reason why many people do not like to use the BTC and this also affects the BTC if you want to apply it in payment more widely. In addition, high transaction costs and transaction costs are also a major obstacle for Bitcoin. |
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jak3
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Activity: 1274
Merit: 1004
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July 04, 2018, 10:16:41 PM |
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Bitcoin is already a perfect tool for businesses. It provides all the steps and security everyone needs for making transactions freely. I don't see any room for improvement and if anyone thinks that transaction time is a lot then developers of building a lightning network for this reason which is currently in a beta state and soon will be released.
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appleyard
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Activity: 359
Merit: 15
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July 04, 2018, 10:20:24 PM |
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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 the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin. |
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jerimarsella
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Activity: 149
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July 04, 2018, 11:01:23 PM |
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May lower the transaction costs because of all this for us, that's great too. And if transaction costs can go down surely users will more Bitcoin and growing. And the investors will also often use the Bitcoin transactions, particularly for investment in projects of the ICO.
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anhzaibro
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Activity: 238
Merit: 10
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July 04, 2018, 11:02:10 PM |
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I think BTC should avoid the large concentration of people who will dominate the value as well as the market.
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DoublerHunter
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July 05, 2018, 01:17:26 AM |
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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 the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin. It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation. |
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iotarocket
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Activity: 140
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July 05, 2018, 01:49:58 AM |
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Bitcoin needs to be used for microtransactions once again, such as for buying coffee or ordering pizza. I believe we will get there. People are blinded by the short-term hurdles and fail to see that the infrastructure is being built right now.
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denzkilim
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July 05, 2018, 02:42:28 AM |
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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 won't agree with it, Yes they have faster transactions and also secure transactions but my question is, Are they capable of managing situations like Bitcoin did, Whenever there are network congestion happening? Are they still faster? I don't think so.  Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
I don't think so, Bitcoin's speed is fine and transactions are also secure. Network congestion that happens is normal, this means there are a lot of people doing transactions on Bitcoin and it is good for the crypto currency community.  It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation.
Actually the network congestion on Bitcoin's blockchain is a good sign that there are many people using this crypto currency, Remember way back at the year 2017 and early 2018 the Bitcoin network is pretty much congested with a huge amount of transactions and the value of Bitcoin is sky rocketing high, I don't see any new crypto currency that has the potential to dethrone Bitcoin from its position as the top of the top's and we all know that almost every alternative crypto currencies are dependent on Bitcoin, Why? Take a look at the Coin Market Capitalization site, Whenever Bitcoin is gaining almost every alts down the line are gaining too and everytime Bitcoin is losing everyone down the line are losing too, Doesn't it make sense? |
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TGD
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July 05, 2018, 02:52:48 AM |
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Bitcoin needs to be used for microtransactions once again, such as for buying coffee or ordering pizza. I believe we will get there. People are blinded by the short-term hurdles and fail to see that the infrastructure is being built right now.
I will share the same thought with you with this that the Bitcoin should be able to use in the micro transactions. I want that matter to happen. If Bitcoin improvements will come this extent then Bitcoin is really in the different level of its developments. for sure they also make a way on how they can be able to use this in a micro transaction , well even that there is a lot of thing that bitcoin needs to improve we continue to use this for. |
Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1 |
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Soranith
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July 05, 2018, 03:01:43 AM |
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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 the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin. It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation. But the problem with most of the people is that they complain that bitcoin transaction is very slow they do not understand that the reason behind is that there are a lot of us using bitcoin now. They don't see it as a good sign that slowly people are adopting bitcoin which is very advantage to us who's been here since day one all they want to do is complain because they are not getting what they want and then they will throw a shade to bitcoin that affects bitcoin's name. |
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jocker00
Newbie
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Activity: 224
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July 05, 2018, 03:04:37 AM |
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i think bitcoin needs to improve how it deals with the its customers ,it must have a great plan to deal with them ,cause more it gets famous more customer need help to buy .there are other sector where it needs perfection .
=transaction
=more reliable security system.
=setting location around the world to sell bitcoin.
=helping people to know its value .
=help to get rid of all the negative talking.
i think just for now these sector needs to improve to get in the future a lot more strong .
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Jedabucol
Newbie
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Activity: 42
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July 05, 2018, 03:22:25 AM |
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Needs to improve its contract privacy and need to be advertise more in order to attract more people.
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nelmari
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July 05, 2018, 03:25:16 AM |
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The best thing in my opinion that needs improvement would have to be its transaction. It really needs a faster transaction just like it was before.
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nealdlover
Member
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Activity: 345
Merit: 10
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July 05, 2018, 03:28:44 AM |
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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 needs to improve on the speed of transaction, reduce the reasonable charge and the founder should appear before the media. Investors did not dare to bet on Bitcoin for a long time because they did not see the founder of Bitcoin. They are afraid that Bitcoin will be a scam. These are things that need to be improved.  |
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kyle999
Jr. Member
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Activity: 475
Merit: 1
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July 05, 2018, 03:30:20 AM |
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Good thing
what bitcoin shows today and in the future
I think big bitcoins can help in our world
and many people can learn bitcoin from hard work,
to speed it up with bitcoin.
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Pettuh4
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July 05, 2018, 04:16:41 AM |
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I think we don't know yet what bitcoin really needs for it to improve but at least we know what needs to be improved and it is but not limited to 1.faster confirmation times, 2. Lower transaction fees and better ways to store them without loosing them.
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littlePig
Newbie
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Activity: 26
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July 05, 2018, 04:36:21 AM |
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at this time, bitcoin is extremely perfect by the way it is. I think they dont need to impove Bitcoin
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Sircoss
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July 05, 2018, 02:26:29 PM |
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In my opinion, there is no need for the bitcoin to improve. It was developed less than a decade and it seems like the people loves the way it is. If there is an update with it, I think bitcoin should pursue lightning networks because it will help for the transaction to become fast and it will help to lessen the charges.
I agree with your point of view. Bitcoin is good as a service, fine secured and has good population, only the speed of transaction can be a little bit faster. I think after that the price for it will grow up. |
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PalcoVvodeC
Newbie
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Activity: 168
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July 05, 2018, 02:56:34 PM |
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Bitcoin should definitely improve a transaction speed and make cheaper transaction fee
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pjr77
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July 05, 2018, 03:04:36 PM |
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the most important problems of bitcoin are scalability and confidentiality. this will be greatly helped by the development of MAST. although it is designed to increase the flexibility of smart contracts, it can also be used to increase the problems that bitcoin has. the process is extremely difficult for me to understand, but in short, I understand that problems are solved by using scripts that are included only at the time of an action, be it bitcoin mining or the transaction process.
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