Topic: Bitcoin is working fine! No change needed! (Read 4667 times)
Bitcoin is a unique cryptocurrency. Its working and number of coins was fixed at the time of its introduction. Its autonomous and decentralized nature is restricting alterations in bitcoin currency. Bitcoin is getting used in many illegal activities, no one is there to control or regulate it. As a result many countries like China, Japan, Korea, USA, Canada, Indonesia, and Australia are banning/regulating bitcoin from their economy. If bitcoin community fails to take a note of this soon these countries will ban bitcoin completely. Similarly bitcoins functioning needs to be regulated because more and more transaction are remain pending.
Careful, this type of resting on one's laurels will cause a real flippening.
Bitcoin definitely has issues that need addressing if it truly wants to be successful long term, and not just a speculation currency (which it largely still is)
Bitcoin definitely has issues that need addressing if it truly wants to be successful long term, and not just a speculation currency (which it largely still is)
Bitcoin is now expanding worldwide, and it's also under development, there are many other areas that need improvement and it takes a lot of time, so we need to change some bitcoin operations.
Although Bitcoin has developed rapidly, it still has many loopholes and many changes need to be made. For example, how to allow more realistic enterprises to accept it, even if it is the biggest challenge and the consideration of blockchain.
Bitcoin is great really really really great. Great things will followed by so many destroyers just to stop its greatness. Regardless of many attacks of the bitcoin destroyers still bitcoin survive every challenges. Even sometimes it affects bitcoin investors still bitcoin stand. This is a way of great some will try to stop, kill, steal, and the hard things is to destroy. Even the price of bitcoin is changing bitcoin still a bitcoin the first ever coin in crypto world. This is my opinion.
I hope that the devs of bitcoin can provide a good idea for the high charges to all the bitcoin consumers today the transaction is become more expensive and slowly it takes a long time to recieve your payment i hope they can fix it if needed to broke the old bitcoin into for the sake of all its fine for me
yes, I agree with you that today bitcoin is amazing, staying has to increase the volume and increase the spreading so bitcoin will survive as altcoin parent.
All transactions of Bitcoin are very slow and this will make Bitcoin unable to pay in big stores. I think if Bitcoin does not improve that status soon, Bitcoin will be considered as an asset and will be treated as gold.
It might end up being both. I've always thought that data-registration -- everyone their own notary public -- would be Bitcoin's killer app. But remember that BTC and BTG are both designed to allow Bitcoin to speed up and minimize fees. There are other hard forks in the pipeline. They may be the currency form that Bitcoin takes.
All transactions of Bitcoin are very slow and this will make Bitcoin unable to pay in big stores. I think if Bitcoin does not improve that status soon, Bitcoin will be considered as an asset and will be treated as gold.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
Does it work well? You are talking about slow transactions, higher transaction fees, and it will go even higher. What does that mean good? So ridiculous.
The fees will always get to an appropriate level that people are willing to pay. No one is going to shed a tear if you can't pay them. If the fees become unacceptably high for the general BTC userbase, then less transactions will be made and lower fee transactions will then be confirmed. This is how the free market determines an appropriate transaction fee. It is also how the free market shakes out weak players from using bitcoin (who will then be replaced by users who accept the conditions).
I disagree, we all see how unstable btc is. As a minimum, we need some constraints to ensure the existence of more or less stability
Why? Transactions are very slow, this is exactly what you need to change, but without sacrificing the network's security at the same time!
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
Im happy that you are supporting the bitcoin wellness but what to do there are many people who want to earn big free cash through the forks and also developers want earn some extra bucks by raising the funs through the shit coin that they generate at different forks. This has become the era where ICO's are falling down but the forks are coming up as new way to earn money. This is also accepted by the normal investors like you and me but they don't realise they are actually making the bitcoin look bad. If they don't give much space to bitcoin to grow then it could lead to worst cases where bitcoin community might fall on its base and the alt coins rise starts! Thats bad really bad dream and can't even imagine my investment into bitcoin falling like that way. Hope that we gain the realisation of the reality for not having anymore bitcoin forks and they stop it and only make it happen when it is really really necessary.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
Does it work well? You are talking about slow transactions, higher transaction fees, and it will go even higher. What does that mean good? So ridiculous.
The fees will always get to an appropriate level that people are willing to pay. No one is going to shed a tear if you can't pay them. If the fees become unacceptably high for the general BTC userbase, then less transactions will be made and lower fee transactions will then be confirmed. This is how the free market determines an appropriate transaction fee. It is also how the free market shakes out weak players from using bitcoin (who will then be replaced by users who accept the conditions).
I agree with this .. for bitcoin grow naturally as it was when it started. There is no government intervention in many countries. This makes bitcoin more complicated and limited
Yeah its true by fixing the system of being delayed services or transactions many investors whos waiting a day before transact their transactions. But as of now bitcoin is in a good condition no pending transactions no negative feedback that's why many people trusted and attract in bitcoin.
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.
As of now bitcoin was really in good enough, but sometimes we just accept if there's development on sytem. To make more faster their services to us as a users, no pending transactionsi every users, because bitcoin most trusted virtual money many establishment and company who accepted pay bills through bitcoin. By improving of blocksize they minimized the pending transaction.
I can't really say that bitcoin need more development or Reformation due to that fact that bitcoin is working perfectly well now, but if you say in the area of unconfirme transactions I can say yes we need new development because there are a lot of transactions that are unconfirmed presently, I think there is need to increase the blockchain size because the bitcoin that can be harsh by the present blockchain is low compared to the number of transactions in bitcoin at the moment and that also will solve the issue of high transactions fees.
bitcoin is working fine and very efficient, it works very well and maintains the spam, hackers hack the virtual bitcoin in the market
The current bitcoin is very good at the moment, it does not need to change or edit anything but it should change the new bitcoin on the transfer, it affects us a lot when dealing, bitcoin currently worth about $ 9000 1bit to the delay is very dark
The current bitcoin is very good at the moment, it does not need to change or edit anything but it should change the new bitcoin on the transfer, it affects us a lot when dealing, bitcoin currently worth about $ 9000 1bit to the delay is very dark
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