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Topic: What does bitcoin need to improve? - page 11. (Read 4146 times)

newbie
Activity: 26
Merit: 0
July 04, 2018, 11:36:21 PM
at this time, bitcoin is extremely perfect by the way it is. I think they dont need to impove Bitcoin
sr. member
Activity: 812
Merit: 251
July 04, 2018, 11:16:41 PM
I think we don't know yet what bitcoin really needs for it to improve but at least we know what needs to be improved and it is but not limited to 1.faster confirmation times, 2. Lower transaction fees and better ways to store them without loosing them.
jr. member
Activity: 475
Merit: 1
July 04, 2018, 10:30:20 PM
Good thing
 what bitcoin shows today and in the future
 I think big bitcoins can help in our world
 and many people can learn bitcoin from hard work,
 to speed it up with bitcoin.
member
Activity: 345
Merit: 10
July 04, 2018, 10:28:44 PM
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 bitcoin needs to improve on the speed of transaction, reduce the reasonable charge and the founder should appear before the media. Investors did not dare to bet on Bitcoin for a long time because they did not see the founder of Bitcoin. They are afraid that Bitcoin will be a scam.
These are things that need to be improved. Wink
sr. member
Activity: 504
Merit: 250
July 04, 2018, 10:25:16 PM
The best thing in my opinion that needs improvement would have to be its transaction. It really needs a faster transaction just like it was before.
newbie
Activity: 42
Merit: 0
July 04, 2018, 10:22:25 PM
Needs to improve its contract privacy and need to be advertise more in order to attract more people.
newbie
Activity: 224
Merit: 0
July 04, 2018, 10:04:37 PM
i think bitcoin needs to improve how it deals with the its customers ,it must have a great plan to deal with them ,cause more it gets famous more customer need help to buy .there are other sector where it needs perfection .

=transaction
=more reliable security system.
=setting location around the world to sell bitcoin.
=helping people to know its value .
=help to get rid of all the negative talking.

i think just for now these sector needs to improve to get in the future a lot more strong .
hero member
Activity: 798
Merit: 502
July 04, 2018, 10:01:43 PM
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.
Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation.
But the problem with most of the people is that they complain that bitcoin transaction is very slow they do not understand that the reason behind is that there are a lot of us using bitcoin now. They don't see it as a good sign that slowly people are adopting bitcoin which is very advantage to us who's been here since day one all they want to do is complain because they are not getting what they want and then they will throw a shade to bitcoin that affects bitcoin's name.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
July 04, 2018, 09:52:48 PM
Bitcoin needs to be used for microtransactions once again, such as for buying coffee or ordering pizza. I believe we will get there. People are blinded by the short-term hurdles and fail to see that the infrastructure is being built right now.
I will share the same thought with you with this that the Bitcoin should be able to use in the micro transactions. I want that matter to happen. If Bitcoin improvements will come this extent then Bitcoin is really in the different level of its developments.
for sure they also make a way on how they can be able to use this in a micro transaction , well even that there is a lot of thing that bitcoin needs to improve we continue to use this for.
full member
Activity: 1218
Merit: 105
July 04, 2018, 09:42:28 PM
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 won't agree with it, Yes they have faster transactions and also secure transactions but my question is, Are they capable of managing situations like Bitcoin did, Whenever there are network congestion happening? Are they still faster? I don't think so. Cool
Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
I don't think so, Bitcoin's speed is fine and transactions are also secure. Network congestion that happens is normal, this means there are a lot of people doing transactions on Bitcoin and it is good for the crypto currency community. Cheesy
It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation.
Actually the network congestion on Bitcoin's blockchain is a good sign that there are many people using this crypto currency, Remember way back at the year 2017 and early 2018 the Bitcoin network is pretty much congested with a huge amount of transactions and the value of Bitcoin is sky rocketing high, Cheesy I don't see any new crypto currency that has the potential to dethrone Bitcoin from its position as the top of the top's and we all know that almost every alternative crypto currencies are dependent on Bitcoin, Why? Take a look at the Coin Market Capitalization site, Whenever Bitcoin is gaining almost every alts down the line are gaining too and everytime Bitcoin is losing everyone down the line are losing too, Doesn't it make sense? Cool
newbie
Activity: 140
Merit: 0
July 04, 2018, 08:49:58 PM
Bitcoin needs to be used for microtransactions once again, such as for buying coffee or ordering pizza. I believe we will get there. People are blinded by the short-term hurdles and fail to see that the infrastructure is being built right now.
hero member
Activity: 2590
Merit: 644
July 04, 2018, 08:17:26 PM
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.
Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation.
member
Activity: 238
Merit: 10
July 04, 2018, 06:02:10 PM
I think BTC should avoid the large concentration of people who will dominate the value as well as the market.
newbie
Activity: 149
Merit: 0
July 04, 2018, 06:01:23 PM
May lower the transaction costs because of all this for us, that's great too. And if transaction costs can go down surely users will more Bitcoin and growing. And the investors will also often use the Bitcoin transactions, particularly for investment in projects of the ICO.
member
Activity: 359
Merit: 15
July 04, 2018, 05:20:24 PM
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.
Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
legendary
Activity: 1274
Merit: 1004
July 04, 2018, 05:16:41 PM
Bitcoin is already a perfect tool for businesses. It provides all the steps and security everyone needs for making transactions freely. I don't see any room for improvement and if anyone thinks that transaction time is a lot then developers of building a lightning network for this reason which is currently in a beta state and soon will be released.
member
Activity: 308
Merit: 10
July 04, 2018, 05:15:37 PM
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.

Bitcoin seems to remain on the top for the next years but it also needs to improve the network and the consumption of power in operating.  With thi, fees can be reduced and the money will be generally be saved. Hopefully,  bitcoin management can come up with more improvements in the future. There is still room for it to expand in the economy.
I think the thing that BTC needs to improve the most is the speed of the transaction, the slow transaction is the reason why many people do not like to use the BTC and this also affects the BTC if you want to apply it in payment more widely. In addition, high transaction costs and transaction costs are also a major obstacle for Bitcoin.
full member
Activity: 247
Merit: 100
Decentralized Continuous Audit&Reporting Protocol
July 04, 2018, 05:08:31 PM
Bitcoin is based on blockchain technology that is immutable, anonymous and decentralized. What I think that Bitcoin needs to improve is its scalability. Scalability means the capacity of Bitcoin to transact per second. Visa has large scalability. I guess it can transact 1,000 in one sec. Bitcoin should improve this one to avoid higher fees and slow transaction speed.
newbie
Activity: 101
Merit: 0
July 04, 2018, 04:57:54 PM
The main disadvantage of Bitcoin is low-speeding transactions which depend on their cost. Plus there is not enough anonymity like Monero has, but I don't consider it to be a big problem
full member
Activity: 323
Merit: 100
July 04, 2018, 04:53:39 PM
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.
Bitcoin is a good crypto and I think the things that it must be improved is their security to avoid those people who have bad intentions. Also they neee to fix the stability between the raise and fall of the price.
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