It needs more and more new investments.
Wait until the 'big' traders from Wall Street get wind of bitcoin and its easily manipulated markets
Topic: What Does Bitcoin Need? - page 3. (Read 4836 times)
Wait until the 'big' traders from Wall Street get wind of bitcoin and its easily manipulated markets
What are some features that bitcoin (and it's wallets) needs to implement to make it a viable alternative to fiat/credit cards?
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
Swipe and go. That will really make whole lot of difference in terms of retail acceptance. If possible give an assurance that transaction will go and finalized through with just one single confirmation
I think a card known as Xapo does that for you. Never tried it out though.
What are some features that bitcoin (and it's wallets) needs to implement to make it a viable alternative to fiat/credit cards?
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
Remote destruction by self if stolen.
So you lose all hope of getting bitcoin back, ever? Bad idea.
What are some features that bitcoin (and it's wallets) needs to implement to make it a viable alternative to fiat/credit cards?
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
Swipe and go. That will really make whole lot of difference in terms of retail acceptance. If possible give an assurance that transaction will go and finalized through with just one single confirmation
Lately it seems to need another willy bot lol...j k
It needs to be simpler to get into. I remember when I first looked into Bitcoin it took me awhile to figure it out. The wallets were confusing to me and I didn't really understand how it all worked. For the average Joe looking at Bitcoin, it can seem very complicated so they just walk away from it.
well, it depends on what you choosethere are some really simple wallets
It needs to be simpler to get into. I remember when I first looked into Bitcoin it took me awhile to figure it out. The wallets were confusing to me and I didn't really understand how it all worked. For the average Joe looking at Bitcoin, it can seem very complicated so they just walk away from it.
It needs more and more new investments.
What it also needs:
1) Less volatility. If you want Grandma and Grampa to adopt it or Average Joe. They are not going to transfer their funds to Bitcoin from CHQ/SAV and look at the ticker every hour and worry about losing on a dump.
2) More consumers. Getting merchants means nothing at this point now. We have major companies accepting but nobody spending.
3) Ease of use.
4) Make it worth while and advantageous compared to Fiat or CC. Offer discounts... rewards. Otherwise they ain't switching.
Start there.
1) Less volatility. If you want Grandma and Grampa to adopt it or Average Joe. They are not going to transfer their funds to Bitcoin from CHQ/SAV and look at the ticker every hour and worry about losing on a dump.
2) More consumers. Getting merchants means nothing at this point now. We have major companies accepting but nobody spending.
3) Ease of use.
4) Make it worth while and advantageous compared to Fiat or CC. Offer discounts... rewards. Otherwise they ain't switching.
Start there.
We completely agree. That's why we developed 'Locks' to help more of the general public into Bitcoin
https://medium.com/@Coinapult/send-receive-lock-fa58069d70fe
What does Bitcoin need?
EASY. It needs a "Killer App".
Microsoft had Windows, Apple had the IPhone, Google had search, and Facebook had their social media website.
None of these were the first of their kind. There were GUI OSes before MS Windows 95, touchscreen phones before the first Iphone, hundreds of search engines before Google, many many social media sites like Friendster, Xanga, Myspace before Facebook ever launched.
What all these tech giants had in common was they perfected it.
Bitcoin isn't a company I know, but once the developers, inventors, investors, programmers all come together and build an application or tool to use Bitcoin's underlying tech that the masses can't be without, then that is when the world will know and find a need for it.
No "Killer App" yet for Bitcoin. You'll know when it's here.
EASY. It needs a "Killer App".
Microsoft had Windows, Apple had the IPhone, Google had search, and Facebook had their social media website.
None of these were the first of their kind. There were GUI OSes before MS Windows 95, touchscreen phones before the first Iphone, hundreds of search engines before Google, many many social media sites like Friendster, Xanga, Myspace before Facebook ever launched.
What all these tech giants had in common was they perfected it.
Bitcoin isn't a company I know, but once the developers, inventors, investors, programmers all come together and build an application or tool to use Bitcoin's underlying tech that the masses can't be without, then that is when the world will know and find a need for it.
No "Killer App" yet for Bitcoin. You'll know when it's here.
I think that Bitcoin need more support from bitcoin community.
We have to promote BTC more to the people around us, specially to businesses.
Otherwise, growth of BTC will not be fast as we expect (or desire).
We have to promote BTC more to the people around us, specially to businesses.
Otherwise, growth of BTC will not be fast as we expect (or desire).
What are some features that bitcoin (and it's wallets) needs to implement to make it a viable alternative to fiat/credit cards?
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
In my opinion some new features could be:
- Lower transaction times (not necessary but would be awesome if they were lowered)
- High security (somehow, possibly a wallet would have to implement a way for consumers to EASILY secure their bitcoins themselves)
Remote destruction by self if stolen.
actually: just time.
Awareness of bitcoins to more people from all over the world.
More security to wallets and limited downtrend
Adoption from more merchants as a payment method.
More security to wallets and limited downtrend
Adoption from more merchants as a payment method.
I think this:
1) Faster confirmation. 10 minutes is too much actually and is uncomfortable for that people which pay with bitcoin.
2) Number of transaction for second. 7 is too low and actually VISA (for example) process 48 billion transaction in one day. Bitcoin only 80.000 and it is able to process only 605.000 transaction.
3) Big raise of price and an ETF for introduce liquidity to the market
1) Faster confirmation. 10 minutes is too much actually and is uncomfortable for that people which pay with bitcoin.
2) Number of transaction for second. 7 is too low and actually VISA (for example) process 48 billion transaction in one day. Bitcoin only 80.000 and it is able to process only 605.000 transaction.
3) Big raise of price and an ETF for introduce liquidity to the market
What it also needs:
1) Less volatility. If you want Grandma and Grampa to adopt it or Average Joe. They are not going to transfer their funds to Bitcoin from CHQ/SAV and look at the ticker every hour and worry about losing on a dump.
2) More consumers. Getting merchants means nothing at this point now. We have major companies accepting but nobody spending.
3) Ease of use.
4) Make it worth while and advantageous compared to Fiat or CC. Offer discounts... rewards. Otherwise they ain't switching.
Start there.
1) Less volatility. If you want Grandma and Grampa to adopt it or Average Joe. They are not going to transfer their funds to Bitcoin from CHQ/SAV and look at the ticker every hour and worry about losing on a dump.
2) More consumers. Getting merchants means nothing at this point now. We have major companies accepting but nobody spending.
3) Ease of use.
4) Make it worth while and advantageous compared to Fiat or CC. Offer discounts... rewards. Otherwise they ain't switching.
Start there.
I think that reducing the transactions time must be a priority in the next changes
it is not good that if you want to move coins you need even hours to have them ready
it is not good that if you want to move coins you need even hours to have them ready
for most of us on here having a wallet on our phone or computer and sending btc is easy. For people like my mom who I gave .25 btc to get her started it took forever just to explain to her how to store it and update her wallet etc.
Ease of use is the short answer but many different things need to be solves within ease of use lol.
Ease of use is the short answer but many different things need to be solves within ease of use lol.
Bitcoin needs more people who can take a leadership role about educating people and businesses about Bitcoin (and fewer grumpy people).
A need for the average person to use bitcoin, that is all.
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