What does bitcoin need to improve? - page 13.

finzyoj

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Quote from: $crypto$ on July 01, 2018, 11:42:08 PM

Quote from: dupee419 on February 14, 2018, 12:29:10 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.

Actually, Bitcoin is good, but Bitcoin has a lot of things to improve, starting with transaction handling, currency is limited to about 3-4 transactions per second, and more than that will only cause the entire system to be flooded with users, but the problem applies to all type of cryptocurrency, you do not see it in other currencies because only Bitcoins are successful in getting a lot of transactions traffic.

For me, bitcoin needs to improve the transaction and the security of the account of one user from hackers.

I've known a lot of people who lost thier money in bitcoin just because of hackers, also some of them hack accounts that have high rank. People who do not have a lot of knowledge in this business will lost their saving in bitcoin.

The number people who are not satisfied and contented on what they have are getting higher than before. The new generation now are really liberated that they dont care even they hurt other people, they only know is they are happy about it.

Rimon365

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Obcourse, two things in Bitcoin need to be improved. One is to make transactions more quickly and one is transaction fee should be reduced reduced.

JRoa

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Quote from: dupee419 on February 14, 2018, 12:29:10 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.

Many bitcoin users are still experiencing high transcation fees and also the confirmations take long time. I am sure that many more investors will be more interested to what is bitcoin if the transaction fees are very low.

$crypto$

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Quote from: dupee419 on February 14, 2018, 12:29:10 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.

Actually, Bitcoin is good, but Bitcoin has a lot of things to improve, starting with transaction handling, currency is limited to about 3-4 transactions per second, and more than that will only cause the entire system to be flooded with users, but the problem applies to all type of cryptocurrency, you do not see it in other currencies because only Bitcoins are successful in getting a lot of transactions traffic.

silviyako

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bitcoin needs only improvement in terms of its transaction speed and feed. fater transaction and lower fees would be perfect

Marvelio

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I think bitcoin improves in a trust for investors by having ownership rights or assets held for investors it will create an increase in confidence for everyone who can add interest in investment to Bitcoin.

Polo joey

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Bitcoin continues to control the cryptocurrency market becuase it has been the first cryptocurrency, This can open a door to new people and new investors.

bitcoinskyrocket09

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Quote from: dupee419 on February 14, 2018, 12:29:10 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.

Actually, the use of bitcoin is really good but bitcoin has also a lot of things to improve. Just like its transaction handling, as we all know that the currency is limited only to about 3-4 transactions per second. It also needs to improve its speed of transactions and the ease of the systems that are in use. That means, it simplifies how it works to be accepted by some layman and bitcoin also needs to be easier to understand.

amrenamren

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My opinion is that bitcoin needs to be correctly distributed among the world's population, that would not be able to manipulate the price. Reduce transaction costs. And of course to scale it to the ordinary!

giaoduc24h

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Quote from: dupee419 on February 14, 2018, 12:29:10 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'm responsible for up or down the price. If the many users hold it in strong mind then the price will be rising. Holding is the main factor in this respect. So hold it for improvement the progress of bitcoin.

cris ronaldo

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Bitcoin continues to control the cryptocurrency market becuase it has been the first cryptocurrency, This can open a door to new people and new investors.

BLAST2MARS

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It needs to improve everything except the name and the logo. Bitcoin is just like the rest of the other altcoins but with just a better branding. Bitcoin and the others altcoins face the transaction problems when a lot of users making transfers. I really hope this is solved before people get tired of waiting just to see it fixed.

Briella18

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What Bitcoin needs to improve is the ease within the newcomers interface. That will make more newcomers wanting to do transactions with it.

Ambrosius

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I think what bitcoin needs to be improved is the speed of transactions and the ease of the system in use, meaning it simplifies how it works to be accepted by the layman and easier to understand.

skibikipapa69

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Bitcoin as a whole system is actually good and quite okay and I don't see anything that needs any improvement or changes at all. But bitcoin services there are a couple of things that needs to be addressed to. One of them is the transaction speed. It seems transactions are really slow which brings negative feedback to users. Hope they can find a way to make transactions a little bit faster.

ClackKendi

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think the bitcoin is good for the good of the value they bring to us, they do not need to change anything because if there is a change I will have interest in it. Otherwise, the essence of bitcoin is amazing

Boromon

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The transaction should be improve, we all know that the bitcoin is created for us to have better and faster transaction but there still times that traffic occurs in bitcoin transaction. And Bitcoin should be legally supported by the government and it would be acceptable to develop it legally.

jamids

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Quote from: manhhieudb4 on July 01, 2018, 07:44:07 PM

One day developing a different currency will come out and even better than the bitcoin, but bitcoin has a solid foothold in the virtual currency market so far it is still very popular. a lot of

It's not one day but there are already a bunch of coins that has better technology than bitcoin in terms of transaction fees and scalability but then bitcoin is the one dominating the market. It is because bitcoin has the first mover advantage and it is the most famous one. Some platforms also only allow bitcoin to be purchase and you can only buy other altcoins by going to exchanges so people have no choice but to buy bitcoin. Some people who do not know anything about cryptocurrency may heard only of bitcoin and thought that bitcoin is the only cryptocurrency that's why bitcoin has the advantage because it is the most famous of them all.

nory51

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The Bitcoin is need to improve legality to the others country,because some of the investors misinterpret the issue about this and sad to say this is one of their issue in this business.

millytr

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Quote from: manhhieudb4 on July 01, 2018, 07:44:07 PM

One day developing a different currency will come out and even better than the bitcoin, but bitcoin has a solid foothold in the virtual currency market so far it is still very popular. a lot of

I don't think many is good at all, the quanlity can't beat the quality at all. If we're developing many different currencies so the efforts and ideals will be splited into many sources.
Then why don't we just focus them instead ?

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