I think that answer is very simple.
- More users
- More merchants accepting Bitcoin.
Without this, BTC will never become mainstream.
Topic: What Does Bitcoin Need? (Read 4836 times)
1. Faster confirmations (BUT, this will increase transaction fees)
2. Better security (for unsophisticated or lazy user, there needs to be a mechanism by which after every spend, the difference in your account is automatically send to a cold wallet generated on the spot. There must also be a way to store the private key that comes along with it.)
3. Less volatility (if I knew how to solve this problem I'd be rich).
2. Better security (for unsophisticated or lazy user, there needs to be a mechanism by which after every spend, the difference in your account is automatically send to a cold wallet generated on the spot. There must also be a way to store the private key that comes along with it.)
3. Less volatility (if I knew how to solve this problem I'd be rich).
imo
1. faster transaction confirmation
2. work on anonymity , either using a wallet inbuilt mixer or any other method
1. faster transaction confirmation
2. work on anonymity , either using a wallet inbuilt mixer or any other method
Obviously some faster confirmation time and some Insurance maybe???
Question:What dors bitcoin need?
Answer:A new owner
Answer:A new owner
1) faster confirmation or as you said lower transaction times
2) more adoption by either users and/or merchants
3) most importantly IMO, is stable price not 100$ difference every month
2) more adoption by either users and/or merchants
3) most importantly IMO, is stable price not 100$ difference every month
Adoption. We need more people to use Bitcoin. However, to do that, we need a faster confirmation time.
A fast confirmation isn't possible without a third party ( like greenAddress, it has an "instant confirm" function).
For me bitcoin should only remain decentralized, and maybe in the future will be a good alternative for a lot of people.
Adoption. We need more people to use Bitcoin. However, to do that, we need a faster confirmation time.
A facility to allow time delayed transactions so I can send BTC to a secure Brain wallet address 5 yrs in the future.
Less idiots.
It needs the following universal shift:
Payment processors, as they currently operate, are responsible for bitcoin losing its value. Choke off the endless market sells payment processors are doing for retailers, service providers and miners, and demand will outstrip supply=price increase. Since there is insufficient bitcoin transaction volume to cause bankruptcies for fiat-primary businesses, payment processors could add value to their services by letting their business customers set a profit threshold, for example:
Retail customer pays $5 worth of BTC to payment processor address
Business customer sets 5% profit threshold with payment processor
Payment processor sells BTC for $5.25 as soon as a bid is found that high, credits fiat to business customer
Retail customer pays $5 worth of BTC to payment processor address
Business customer sets 5% profit threshold with payment processor
Payment processor sells BTC for $5.25 as soon as a bid is found that high, credits fiat to business customer
In my humble opinion this thread over complicates the issues. I don't think Bitcoin needs anything other than time...
Brainwallet hardening against rainbow table attacks so people can store wealth in their heads without fear
of it being 'mined' in the future.
Currently I think Brain wallets work on Sha256(Pswd) and I've often wondered if this could very simply be hardened against attack by introducing a much slower Hash function along the lines of Sha256(Brypt(Pswd))
of it being 'mined' in the future.
Currently I think Brain wallets work on Sha256(Pswd) and I've often wondered if this could very simply be hardened against attack by introducing a much slower Hash function along the lines of Sha256(Brypt(Pswd))
I don't use it myself, but I think we got a little push on what BTC needed, which as a US based Exchange. Hopefully the Winklevoss one gets up and running soon, and then I think the floodgates will open again.
The easier it becomes to purchase and use BTC, the better the whole crypto economy will become...
The easier it becomes to purchase and use BTC, the better the whole crypto economy will become...
i see 3 pages of people talking about what bitcoin needs.
in short this is what bitcoin needs.
less assholes talking on forums and more people actually doing something..
i think 95% of people on this forum think that bitcoin is a sentient being that can walk and talk and do things you ask it. but the truth is that bitcoin is not sentient, THE USERS ARE!!. (that means you, .... yes you reading this post.. YOU.. not someone else.. YOU!!)
so any a-holes that complain that bitcoin doesn't do something, or a-holes that want bitcoin to do something else, i have a tip for you.
YOU need to get involved and actually do what you want bitcoin to do. its only code after all. YOU need to actually get out your basements, and do something.
for instance if you want bitcoin to be accepted in YOUR local shop. YOU should contact YOUR local shop.
for instance if you want bitcoin to be easier to buy locally then YOU need to find people that live in YOUR local area to buy from or sell to
and if your going to reply that im calling you a lazy ass-hole. then atleast you are admitting that you recognise you are not personally doing anything .
after all the smart people that are doing things know this message is not about them
in short this is what bitcoin needs.
less assholes talking on forums and more people actually doing something..
i think 95% of people on this forum think that bitcoin is a sentient being that can walk and talk and do things you ask it. but the truth is that bitcoin is not sentient, THE USERS ARE!!. (that means you, .... yes you reading this post.. YOU.. not someone else.. YOU!!)
so any a-holes that complain that bitcoin doesn't do something, or a-holes that want bitcoin to do something else, i have a tip for you.
YOU need to get involved and actually do what you want bitcoin to do. its only code after all. YOU need to actually get out your basements, and do something.
for instance if you want bitcoin to be accepted in YOUR local shop. YOU should contact YOUR local shop.
for instance if you want bitcoin to be easier to buy locally then YOU need to find people that live in YOUR local area to buy from or sell to
and if your going to reply that im calling you a lazy ass-hole. then atleast you are admitting that you recognise you are not personally doing anything .
after all the smart people that are doing things know this message is not about them
That is the secret of success in any field.
Bitcoin needs more leaders. Basically people who can take an idea and run with it.
A way to get all that ridiculously high amount of coins from the early adopters into random people's wallets so the coin distribution doesn't look as high as fiats and people don't feel scared to invest on it.
i see 3 pages of people talking about what bitcoin needs.
in short this is what bitcoin needs.
less assholes talking on forums and more people actually doing something..
i think 95% of people on this forum think that bitcoin is a sentient being that can walk and talk and do things you ask it. but the truth is that bitcoin is not sentient, THE USERS ARE!!. (that means you, .... yes you reading this post.. YOU.. not someone else.. YOU!!)
so any a-holes that complain that bitcoin doesn't do something, or a-holes that want bitcoin to do something else, i have a tip for you.
YOU need to get involved and actually do what you want bitcoin to do. its only code after all. YOU need to actually get out your basements, and do something.
for instance if you want bitcoin to be accepted in YOUR local shop. YOU should contact YOUR local shop.
for instance if you want bitcoin to be easier to buy locally then YOU need to find people that live in YOUR local area to buy from or sell to
and if your going to reply that im calling you a lazy ass-hole. then atleast you are admitting that you recognise you are not personally doing anything .
after all the smart people that are doing things know this message is not about them
in short this is what bitcoin needs.
less assholes talking on forums and more people actually doing something..
i think 95% of people on this forum think that bitcoin is a sentient being that can walk and talk and do things you ask it. but the truth is that bitcoin is not sentient, THE USERS ARE!!. (that means you, .... yes you reading this post.. YOU.. not someone else.. YOU!!)
so any a-holes that complain that bitcoin doesn't do something, or a-holes that want bitcoin to do something else, i have a tip for you.
YOU need to get involved and actually do what you want bitcoin to do. its only code after all. YOU need to actually get out your basements, and do something.
for instance if you want bitcoin to be accepted in YOUR local shop. YOU should contact YOUR local shop.
for instance if you want bitcoin to be easier to buy locally then YOU need to find people that live in YOUR local area to buy from or sell to
and if your going to reply that im calling you a lazy ass-hole. then atleast you are admitting that you recognise you are not personally doing anything .
after all the smart people that are doing things know this message is not about them
A lot of them... :
bitcoin ATM, worldwide accept bitcoin as legal tender and everyone using it as real money 
Jump to: