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Author Topic: What does bitcoin need to improve?  (Read 4111 times)
muhammedb
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July 09, 2018, 05:58:34 PM
 #1161

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 all bitcoin needs to improve now is to work on it transactions fee and speed, most especially the transaction speeds, because  when the transaction speeds in I guess many people and company will be glad to used it as miss of payment and with this I think it will really increase the in all aspects
UniQue7
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July 09, 2018, 06:05:27 PM
 #1162

The only thing I can think of, if there is a way that it can coexist with PayPal, haha then I'd really be set!
Tugsukana
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July 09, 2018, 06:07:28 PM
 #1163

The first thing that bitcoin needs to improve is the one thing that has been dragging bitcoin down for a long time now and that is the transaction scalability issue. Also the recent rally brought up another issue which is the transaction fees issue during high transaction periods. Bitcoin needs to improve on these things asap.
btcCoincart
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July 09, 2018, 06:10:44 PM
 #1164

Improve its Price LoL!
I need to see it reach $100K  Grin Grin Grin
cryptoguy1234
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July 09, 2018, 06:15:45 PM
 #1165

We have no issue with bitcoin's security highlights since it was a standout among the most extreme securities in the web. What I need bitcoin to enhance is its exchange preparing particularly for bigger credits when you purchase bitcoins. In some cases it gets so moderate for a virtual cash that should give quicker and helpful exchanges. In addition, I might want for bitcoin to be more novice amicable so everyone can viably utilize it. A portion of bitcoin's vital highlights are intricate and may appear to be confusing for apprentices.
zainhaider
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July 09, 2018, 06:35:29 PM
 #1166

Probably Not Because It's Not Too Sure To Get Rid Of Bitcoin So We Do not be afraid if there's a new cryptocurrency wanting to get rid of bitcoin because bitcoin will still be number 1 in cryptocurrency
CGPA
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July 09, 2018, 06:36:34 PM
 #1167

Bitcoin is already very good and one of the secure currency in the world. So i think, there have nothing to fix with bitcoin. But if bitcoin can improve it's withdrawal process like putting some ATM, then it could be more effective to users.
artichandra
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July 09, 2018, 06:53:37 PM
 #1168

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.

In my humble opinion, bitcoin only need stabilize their price and make bitcoin do his job as currency because many people including me commonly using bitcoin just for investment not for buying something.
patimahsunda
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July 09, 2018, 06:56:49 PM
 #1169

I think nothing needs to be improved on bitcoin. Because bitcoin is now strong enough compared to other crypto. In doing the transaction I think is good enough. So I do not think that bitcoin should be increased again. But if there are still shortcomings that I do not know, then can be tried to improve.
Exchge
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July 09, 2018, 07:07:21 PM
 #1170

if you think that can drop the bitcoin price is wrong, because with the increase of tokens with new names it will increase also that bitcoin is still the main one among the other coins.
naily
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July 10, 2018, 04:37:36 AM
 #1171

I see bitcoin already has a very sophisticated technology, it seems the need to make improvements is from the cost of shipping is very expensive and increase seems no longer necessary for bitcoin
jame lie
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July 10, 2018, 04:45:13 AM
 #1172

Bitcoin hasnt need to improve, but it need help. What help? Help to reduces scam in transaction. When people would help to reduces scams in Bitcoin, surely not just bitcoin but also are people will improve
ramgonzales
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July 10, 2018, 05:32:25 AM
 #1173

Personally, I believe that there are some things Bitcoin can still improve on some areas like its super long confirmation turn around time and the high transaction fees. Fixing this would make Bitcoin a lot better and for sure that its domination of the crypto currency world will be longer than what's expected.

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Man From The Future
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July 10, 2018, 07:05:32 AM
 #1174

What needs to be improved from bitcoin is bitcoin security, because I'm afraid that bitcoin gets hacked by hackers. In fact, security is most feared by big investors. In addition bitcoin need to increase the speed of transactions and cut transaction costs to make it faster and cheaper.

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russelluk
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July 10, 2018, 07:16:31 AM
 #1175

Bitcoin like any other crypto has to start getting some real time use and we need to see practical application. So far the actual uptake of any of the coins is for all practical purposes zero and people are losing interest. Lets face it there needs to be a mass adoption by some major platform like Facebook where Bitcoin can be traded peer to peer with others on Facebook including business and not always having to convert back to USD. For example what is the f*&îing point in these bullshit credit cards like wirex where you have to put your Bitcoin into a wallet and then buy USD with it so you can use it as a credit card - what is the point? I may as well just use my credit card. Please for the love of God can we see some actual take up of a crypto technology that is just not experimental and something that real people can see and understand. I mean they are advertising the power of blockchain in adverts during the world cup. NOBODY KNOWS what the f*&^% that means and neigther do the frigin marketers. I am telling people now that if any of the cryptos are actually going to survive they need to demonstrate actual usage now and not always just be some potential gimmick that may work in 5 years time!!
indayburakday012
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July 10, 2018, 07:25:22 AM
 #1176

BItcoin should have a recognized owner. The owner of the system should make a way to recognized the system by the government just like what happen to the casino and other gambling activities which is being recognized by the government. This is not an issue anymore since the government had already taking a step to regulate cryptocurrency so that it will not be abuse by anybody like those criminals, to finance a terrorist group and etc.
collision00
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July 10, 2018, 07:58:44 AM
 #1177

The most straightforward of things to enhance are exchange time and exchange cost. Bitcoin, best case scenario is usable for huge exchanges (still far from being obviously true) it is not the slightest bit reasonable for miniaturized scale exchanges at this moment. On the off chance that it can ever get affirmation times directly down and expenses to be pennies or less then the utilization cases will build ten times. Different regions bitcoin can enhance are the vitality necessities used to mine bitcoin, it will dependably be a staying point for some and a remark bitcoin over. In the event that a way can be found for mining to stay as is as far as benefit and capacity yet to extraordinarily diminish vitality utilization then that would be a major change.
Anhmai
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July 10, 2018, 08:09:22 AM
 #1178

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 first thing that I want Bitcoin to improve is the speed of the transaction. It is very slow, usually I have to wait 1-2 days to make his transaction. Then the transaction fee. It's tall and unfriendly to newbies and little money.
Relax Mama
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July 10, 2018, 08:28:26 AM
 #1179

The first and foremost thing Bitcoin should improve is the transaction cost. Its higher rate should be reduced. And the second thing is the time consumption. It takes a whole lot of time to exchange. It should be minimized.
Indra123
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July 10, 2018, 08:37:20 AM
 #1180

I begged that bitcoin should be enhanced by its stronger security. Bitcoin requires a system that can prevent people from day to day trading.
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