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Topic: What does bitcoin need to improve? - page 35. (Read 4148 times)

full member
Activity: 481
Merit: 100
June 12, 2018, 08:39:12 AM
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.
There are a lot of features bitcoin needs to polish or improve to better the quality of life of its investors. But most of all I want to address that the most important feature bitcoin needs to improve is the speed of its transactions. By maybe implementing dedicated servers to reduce user traffic and imporve the speed of access and transactions inside the said cryptocurrency.
full member
Activity: 347
Merit: 100
June 12, 2018, 08:33:09 AM
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 need to improve is that the price of it because the price of it is so unpredictable sometimes it becomes high sometimes it becomes low. Actually the price of it will increase unexpectedly and can over lap your expectation.
member
Activity: 159
Merit: 10
June 12, 2018, 08:21:42 AM
Bitcoin is widely regarded as the number one coin in the crypto currency world but then, there is one key area which I think is really killing bitcoin owing to its depreciation in value over the past few years till date. I have realized that, the volatility of bitcoin is really deterring people from patronizing bitcoin which is making the demand very low, thereby resulting in the decline of bitcoin value. This is the area which I think bitcoin is lagging behind. There should be measures in place to make bitcoin less volatile and this is where bitcoin need improvement.
member
Activity: 350
Merit: 10
June 12, 2018, 07:29:51 AM
The're many disadvantage of bitcoin and i think it need to improve like the transaction fees should be reduced and we should see faster transfers, the privacy is another issue in the account of every user they need the wallet the bitcoiner chosen is secure to avoid hacking their account, and the price of bitcoin all we know the changing of price so i hope the price if theres a chance take it high.
full member
Activity: 378
Merit: 100
June 12, 2018, 02:40:26 AM
Yes you are right bitcoin is bad as a means of calculation. Experience shows that the cost of a transaction doubles approximately once a quarter, and this is a big problem. Bitcoin was originally positioned as a cheap alternative for translations around the world, but now it's clear that this is completely wrong.
newbie
Activity: 30
Merit: 0
June 12, 2018, 02:38:26 AM
The most urgent need for bitcoin is the high rate of small transactions, which will greatly restrict the development of the community.
Bitcoin and other cryptos are big game changer in the field of financial system. It was made to modernize our way of trading currencies/coins. It was made to make our payment system to become more convenient and more organized and alos to make our coins/currencies to become decentralized. I think the only thing that bitcoin or blockchain must improve is the cost of transactions that can be done by blockchain.
newbie
Activity: 79
Merit: 0
June 12, 2018, 02:26:06 AM
The most urgent need for bitcoin is the high rate of small transactions, which will greatly restrict the development of the community.
newbie
Activity: 37
Merit: 0
June 12, 2018, 02:18:54 AM
Though we can say that bitcoin is the best crypto, there are still a lot of things that it should improve for the convenience of its users.The most frustrated things about BITCOIN is the transaction fees. Its very expensive.
Especially if you want to doing some arbitrage between exchanges.
newbie
Activity: 89
Merit: 0
June 12, 2018, 02:02:13 AM
Bitcoin need to be advertise to individual,companies and organization government and to  the general public in order to create a stronger platform for it and  increase the use and  acceptance globally. Bitcoin now is popular in the world and I think it is good if bitcoin have a ATM machine to make easy to withdraw anywhere.

for me I think is more effective if we also advertise bitcoin in social media and in television to make bitcoin more popular and so that people may know the importance of bitcoin and how it works to make it profitable.
newbie
Activity: 210
Merit: 0
June 12, 2018, 01:53:29 AM
Bitcoin need to be advertise to individual,companies and organization government and to  the general public in order to create a stronger platform for it and  increase the use and  acceptance globally. Bitcoin now is popular in the world and I think it is good if bitcoin have a ATM machine to make easy to withdraw anywhere.
copper member
Activity: 298
Merit: 11
https://wesp.io
June 12, 2018, 01:40:12 AM
bitcoin is the 1st and most popular cryptocurrency in the world.when we called it as "FIRST" cryptocurrency we may see some weaknesses for sure.as a example the speed of transaction is very slow in bitcoin.that is the main thing that want to improve bitcoin.because slow transactions never help in day to day life.so people never use bitcoin.and also the fees is very high for a transaction.i think a FIXED price as a transaction fees is never gonna help for bitcoin.it must be adjusted as the market situation.
newbie
Activity: 6
Merit: 0
June 12, 2018, 01:29:50 AM
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 very good, but there are some things that need to be improved. For example, the transfer system should be more quickly
copper member
Activity: 224
Merit: 3
June 11, 2018, 05:36:00 PM
A self-regulatory mechanism that would eliminate or reduce the price manipulation, really do not know how this is going to play out, but if it does happen it would really help a lot to get bitcoin to become the reference currency of the world.
newbie
Activity: 168
Merit: 0
June 11, 2018, 05:30:59 PM
I think there are three advances  in bitcoin technology in the future you need to know.Bitcoin technology is in the future – bitcoin. It  has been through difficult for few months and the bitcoin community is unsure about the future of cryptocurrency.  however, it has been several technological developments for bitcoin blockchain over the past few months. Bitcoin infrastructure is being upgraded over time and some planned changes have the potential to reduce transaction costs for bitcoin as well as create off-chain solutions for payments making it easier to use. For solutions to be implemented core technologies such as batching solutions, schnorr signatures solutions and atom swap solution. Thank you.
full member
Activity: 378
Merit: 108
June 11, 2018, 04:56:12 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 can regain it trust if it can work on it transactions fee and the speed rate, let take this illustration for example, you are sending bitcoin to someone which is very important and you are expecting the transaction to take just two minutes but it take up-to 30 minutes and you are sending ethereum hoping to take the same time bitcoin toke but unfortunately it delivered in 3 minutes, if your next transaction which will you prefer??
newbie
Activity: 147
Merit: 0
June 11, 2018, 04:44:21 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.

Two things need to be worked mainly- transaction fees should be reduced and we should see faster transfers. This will ensure that more people use it for transactions.
Couldn't agree more with you. The bitcoin transactions charges are just too high and i think if its reduced bitcoin may stand the chance to improve performance in addition to improvement in the speed of transaction.
newbie
Activity: 82
Merit: 0
June 11, 2018, 04:33:27 PM
Bitcoin need to improve on these:
". More secure storage (key management)
* Trust-minimized (decentralized) exchanges
* Make 2nd layers more user-friendly, especially via automated routing, while not overly sacrificing trust minimization.

member
Activity: 132
Merit: 12
June 11, 2018, 04:31:30 PM
Bitcoin isn't by an accident a leader and hegemon in the world of cryptocurrency. Many factors have influenced this important and top position of Bitcoin over a long period of time. What can make his position even stronger? The answer to this question seems to be simple, including reducing transaction fees should have a positive impact on how important Bitcoin will be. Reducing the time of transaction execution would also undoubtedly contribute to the strengthening of BTC's position. These examples seem to be the simplest ideas for improving Bitcoin
sr. member
Activity: 406
Merit: 254
BookiePro.Fun - The World's Betting Exchange
June 11, 2018, 03:44:00 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.
For me, I think that bitcoin is in a great currently state, and it does not need to change anymore, but base on what I read and see from other people, about there compalain and problem in bitcoin, like it needs to be more highly secure and prevent some users to be a victim of the scammers and hackers. This is the only things that bitcoin needs to improve although its transaction is good and some other aspects of it.
full member
Activity: 392
Merit: 101
June 11, 2018, 02:07:02 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.
Your opinion is very good and I like your opinion.
Actually every month and every year bitcoin improvements and improvements to better maintain the stability of bitcoons to become the number one in the world even the popularity of bitcoin is increasing by improving the rules that exist to keep nobody breaking into bitcoin and damaging bitcoin so improvements in the bitcoin rules are very needed to be more secure.
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