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Author Topic: What does bitcoin need to improve?  (Read 4111 times)
Larrycool
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July 10, 2018, 10:56:14 PM
 #1181

It has to improve the way transactions are being handled. Bitcoin is the pioneer crypto created that opens the door to cryptocurrency world that we are now embracing. The popularity of bitcoin should never be doubted. If it is to lower its fees and make transfer transaction than the newly created coins in the market, it will surely increase the people's interest and faith in bitcoin, and this will bring about vast development.
Yantoaja
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July 10, 2018, 10:58:17 PM
 #1182

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.

By spreading positive news about bitcoin and how you benefit from the bitcoin, it will make your country think again whether using bitcoin is beneficial or not. Because of that we make someone's confidence grow back when the negative news spread makes people do not believe in bitcoin.
Verde_Mantis
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July 11, 2018, 12:32:50 AM
 #1183

I think that after all bitcoin is still the best cryptocurrency out there because it's the safest. Of course there still is the speed problem, but probably it's gonna be solved soon.
raden1922
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July 11, 2018, 08:28:35 AM
 #1184

I do not yet know exactly what is often a bit of a constraint in bitcoin. because I am a new user and still in learning. it seems a lot of obstacles to the delay in transacting. and that should be upgraded to be in the process fast, so it will make many users feel comfortable.

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market-beta
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July 11, 2018, 08:34:11 AM
 #1185

if in my opinion that need to be increased bitcoin. how bitcoin can be available in every country. and be assured that investing in bitcoin is very useful and can change our future for the better .
Invester
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July 11, 2018, 08:37:48 AM
 #1186

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.

Well, as you mentioned it, Bitcoin has to level up its quick and secured form of services. I have not heard of large time hacking incidents involving Bitcoin but as the hackers are always looking for ways to succeed, Bitcoin should be able to anticipate them and be one step ahead all of the time. As to its quickness, there are more than a handful of coins that can beat Bitcoin. This is something that Bitcoin should take seriously and urgently before it's too late.

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Lamborgini
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July 11, 2018, 08:45:28 AM
 #1187

Bitcoin needs to increase the transfer speed.
Transfer speed on Bitcoin will make Bitcoin more attractive.
Currently, Bitcoin technology is actually good but the weakness lies in the transfer speed is still a bit slow.
Nnedaddy1
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July 11, 2018, 10:16:23 AM
 #1188

There are so many factors impeding on bitcoin's general acceptability.. I think if these factors need to be improved on.
The factors are as follows:
The low speed of transaction confirmation and the high transaction cost.
rudox
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July 11, 2018, 10:20:37 AM
 #1189

Bitcoins need to work on their scalability capability and the high transaction fess. When these two issues are tackled then bitcoin is assured of its leading role in the cryptocurrency world.
geeboy88
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July 11, 2018, 10:25:50 AM
 #1190

With bitcoin, I feel a large amount of the crypto asset is found withing 20% of the total population that have it. Although bitcoin is good but the time taking to comfirm transactions needs to be faster. Unlike the 30 minute window time, also reducing the transaction fee.
nikki4
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July 11, 2018, 10:27:53 AM
 #1191

There are so many factors impeding on bitcoin's general acceptability.. I think if these factors need to be improved on.
The factors are as follows:
The low speed of transaction confirmation and the high transaction cost.

That's right buddy, I will share the same thought with you buddy to what you have said factors for the Bitcoin to improve. The "low speed of transaction confirmation and the high transaction cos" is what most people are keep on complaining regarding Bitcoin, but still, Bitcoin is my best crypto currency.
james_Oscar1
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July 11, 2018, 10:34:12 AM
 #1192

Well the only problem that I have faced using bitcoins was it's high transactions fees and slow confirmation but as segwit and soon coming lightning network bitcoins will have low fees and high transactions speed. Devs are already working on Lightning Network, but with Schnorr multisig is handled like a regular signature, which make transactions more secure.
Bitlife81
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July 11, 2018, 10:42:04 AM
 #1193

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 and especially investors.
SkustaClee
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July 11, 2018, 11:07:21 AM
 #1194

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 transaction should be develop and improve. Actually, the Ethereum is more faster and better when in terms of transaction. The people will feel more convenient to use bitcoin if the transaction will become more faster and better.
nussy
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July 11, 2018, 11:10:18 AM
 #1195

What bitcoin needs now to me is general acceptability.
Mr. Ar_Mongi
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July 11, 2018, 11:12:51 AM
 #1196

I think bitcoin will remain the first For a long time. Segwit and Lightning Network will solve many problems related to the use of Bitcoin.But, Segwit and Lightning Network will not solve the problem associated with high Bitcoin volatility. This problem prevents many people who have just learned about Bitcoin to use Bitcoin as a means of payment for goods. But I think over time, Bitcoin's volatility will decrease significantly.

nellakarisma
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July 11, 2018, 11:48:37 AM
 #1197

if in my opinion in terms of wallet security. the goal is to reduce the number of thieves who still roam the bitcoin world. bitcoin must be present in every country. to make it easier for someone to invest in bitcoin. it can give a positive value with bitcoin .
A Feeder
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July 11, 2018, 01:19:53 PM
 #1198

All we know bitcoin have an disadvantage like the transaction fee because sometime the transferring of bitcoin is very slow or takes long time, the secures of account because nowadays people strangers people have an intention to hack your account so get a strong password that difficult to guess and don't trust anyone specially to the people you don't really know.
lani123lani
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July 11, 2018, 01:42:16 PM
 #1199

The easiest thing to fix is transaction time and transaction fee. I think it would be much better if the cost is not so high and the time for one transaction is very long.

zhopas
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July 11, 2018, 01:47:23 PM
 #1200

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 they should fix first it's transaction time and its transaction fee because I think it is better if is not so high because it takes time and if it will be more longer it maybe hack by strangers eventhough it is that secured.
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