Topic: What does bitcoin need to improve? - page 41. (Read 4148 times)
Bitcoin has been working for a several years ago and up to date, it still leading all alt-coin in crypto community, therefore bitcoin need more investors into the system, by increasing more serious members, to carry the industry along
Bitcoin remains the base currency for other cryptocurrencies. It is expedient to know that bitcoin have almost 40% of the transaction that runs every 24hrsof the day. It needs to lower it charge until it goes down before that we can testify to its change of currencies.
I think the best thing that the company bitcoin should improve is their popularity.
There are some countries that have no idea what bitcoin is and they should focus on that. Making a move to improve the popularitygives lots of blessings and positive effect on the company.
There are some countries that have no idea what bitcoin is and they should focus on that. Making a move to improve the popularitygives lots of blessings and positive effect on the company.
I do not think there is anything to improve from bitcoin, all of which I think is very good but there may be a few more that need to be improved or more improved so that for the future to be better
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.
Other crypstos has aesthetic platfoms to promote their popularity. Bitcoin is already popular so I think it just needs to focus on improving the speed of transactions and hopefully reevaluate the rate of transaction fees. The price is fluctuating and so the fees so I think it will be difficult to the user to calculate to himself the overall estimated expenses.
I think, Bitcoin Transactions should be much cheaper than other alternatives and must be completed in a short time. That way, Bitcoin will have the potential to become a common way of transferring currencies in the future. and can attract more public interest.
Bitcoin is a safe online currency and a more reliable one day so now we can clearly improve Bitcoin atm in all the cities, it helps in extracting Bitcoin without delaying Bitcoin, it will help Bitcoin improve the users all.
Bitcoin needs to accelerate the speed of transactions and reduce the commission to make daily payments a reality and very simple
Main thing that needs to improve for me is transaction fee and faster transfers. These improvements we will like in bitcoin. But more important improvements is increasing its acceptance as an alternative means of payment in countries around the world. When btc solve this two main problem it will be the most valuable global currency in the world.
Bitcoin continues to move forward on the road to scalability with the ever-growing implementation of SegWit, a technology that reaches a record level and continues to grow.
Bitcoin need to improve about its transaction cost.Bitcoin is already very popular to people.but moreover people are not using bitcoin. if we are able to make them understand about how bitcoin works,and how easily one can lead his/her life by trading with it they will use bitcoin, what is good for bitcoiners.and if the transaction fees became less then people will trade more excitedly.
so here is mainly two things to do for improving bitcoin.
1. making less the trabsaction fees.
2.spread out every where the bitcoin and its details..so that people will involve here.
so here is mainly two things to do for improving bitcoin.
1. making less the trabsaction fees.
2.spread out every where the bitcoin and its details..so that people will involve here.
Bitcoin serves not only as a currency, but also as an extremely cheap platform for transferring money. In theory, it can become a rival to PayPal, Western Union, even Visa and MasterCard.
The most simple of things to improve upon are transaction time and transaction cost. Bitcoin at best is usable for large transactions (still debatable) it is in no way suitable for micro transactions right now. If it can ever get confirmation times right down and fees to be cents or less then the use cases will increase ten-fold.
Other areas bitcoin can improve upon are the energy requirements used to mine bitcoin, it will always be a sticking point for many and something to attack bitcoin over. If a way can be found for mining to remain as is in terms of profit and function but to greatly reduce energy consumption then that would be a big improvement.
Blockchain system for bitcoin has its security and terms for a transaction to made possible. And waiting with a quite a short time will depends on the cost you take to run out your transaction it is very simple their are greater cost for this fees in the ecosystem of both bitcoin and cryptocurrency that simply support one another. It may be a good point to improve it but it work as fine as possible for now. Other areas bitcoin can improve upon are the energy requirements used to mine bitcoin, it will always be a sticking point for many and something to attack bitcoin over. If a way can be found for mining to remain as is in terms of profit and function but to greatly reduce energy consumption then that would be a big improvement.
To facilitate imports, Bitcoin would have to have more liquidity, and, again, less volatility and decentralization- not just in its exchanges, but among its miners, those individuals who generate more of the currency by having their computers crunch a complex algorithm.
one of the main and most serious problems of bitcoin at the moment is the question of its scaling. the whole point is that this problem does not have a very positive effect on the speed of transactions. as a result, they began to occur longer. The reason for this is that many people use bitcoin for mining and for various operations. the blocks simply can not cope with the volume falling on them. the problem of scaling has been discussed for a long time, and complex measures are planned that will improve not only this problem, but also the problem of security, decentralization and anonymity. there is a lot to do.
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 there is nothing to fix with bitcoin, because bitcoin is very good, but only one is possible for us with the problem of delivery that sometimes, long to wait until 6 confirmation ...
Yes I am absolutely agree that there is nothing to fix with bicoin,because at present bitcoin well doing better and improving there technology.Bitcoin also Is on top in all coin so why we need to improve when bitcoin now is on top of the market in cryptocurrency?...
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 works well as of the moment but if this really needs to be improved it will be better. i think the reliability to make people trust bitcoin more needs to be improve. and also its security needs to be more tight because we dont really can control those hackers and everything
Very good
the problem for bitcoin now is high fees and i hope it will resolve soon as lightning network will launch in this year.
it will be biggest year for bitcoin.
The problem of overcharging is due to the high price of BTC. I think that's not the problem. Almost the exchange has to charge bitcoin to send and receive as default. So the fee will never change. If the bitcoin price drops to $ 1 then the fee will certainly be only $ 0.001it will be biggest year for bitcoin.
I think there's so much that bitcoin has to improve because I've seen so many reports about those who have lost some of their btc once they have transacted in the new market so they are very upset about the too weak bits of bitcoin keeping their btc so I think it's just a bit of bitcoin
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