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Topic: What does bitcoin need to improve? - page 47. (Read 4146 times)

sr. member
Activity: 616
Merit: 250
June 05, 2018, 03:41:41 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.
it is definitely in its development bitcoin certainly need improvement that is security and legality if can price stability which can make the investor become comfortable
newbie
Activity: 125
Merit: 0
June 05, 2018, 01:26:37 AM
i'm agree with many people of here, bitcoin need more faster transactions and transactions fees should be reduced.i would like to add something extra here,btc need to improve to legalize on government.
newbie
Activity: 6
Merit: 0
June 05, 2018, 01:23:08 AM
There is still a bit of weight behind Bitcoin being the biggest Crypto in the world and probably the most adopted coin in the world but it has a lot of shortcomings that show that it is just the biggest fish for now. There are obvious issues that have to be resolved such as block size, speed of transactions etc. There are also issues with the consensus algorithm and the environmental effects of Proof of Work being the biggest flaw of Bitcoin in the long run. But Bitcoin Cash has already shown that merely just fixing those issues isn't a sure fire way of making everything better. At this point, might as well enjoy the ride on Bitcoin until one of the other greener coins takes over as the biggest coin in the land.
newbie
Activity: 126
Merit: 0
June 05, 2018, 01:03:28 AM
i think bitcoin needs a lot of improvements because I sae new cryptocurrencies that are better than bitcoin and have more advantages than it but still bitcoin is the king because that is the right place for it.
member
Activity: 294
Merit: 10
June 05, 2018, 12:55:56 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 the transaction here because there are so many other cryptocurrency that are wanted to overpass bitcoin and make their transaction fast and also there are so many issue that bitcoin is use by the criminals because the transaction here is so secured and no one will find what you do to it.


I think bitcoin is good already but needs to improve its security, privacy and high cost transaction fees. Also there very low transaction processing. Just a little improvement to make it even better.
copper member
Activity: 56
Merit: 7
global marketer and strategist
June 05, 2018, 12:32:32 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 needs greater adoption by merchants and use by consumers. So basically increase demand. Many today are trying to HODL bitcoin, and with the recent price decline why not?
But this goes against increased usage and adoption. This needs to be improved and as it happens price will rise. 
member
Activity: 462
Merit: 10
June 05, 2018, 12:23:47 AM
Every aspect of bitcoin need to be improved. If there was no improvisation, then bitcoin will be left by the holders because many altcoins
other than bitcoin offering a new better features than bitcoin. Such like ETH, it has a smart contract for automate the transaction process.
sr. member
Activity: 719
Merit: 250
June 05, 2018, 12:09:40 AM
We believe that bitcoin has many things to improve, starting with transaction handling, currency is limited to counts per second, and more than that will only cause the entire system to be flooded by users, but the problem applies to all cryptocurrency types. You do not see it in other currencies, because only bitcoin succeeds in increasing transaction speed... Smiley Smiley
Bitcoin needs to improve the transactions daily sometimes it is slow for the confirmation. The fees should be lessen if we can see the fees every transactions were high so hopefully in the future it can be lessen. A lot of issues but I think their is improvement in the future.
newbie
Activity: 74
Merit: 0
June 05, 2018, 12:04:13 AM
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.
full member
Activity: 378
Merit: 100
June 04, 2018, 09:40:04 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 need to improve is the transaction here because there are so many other cryptocurrency that are wanted to overpass bitcoin and make their transaction fast and also there are so many issue that bitcoin is use by the criminals because the transaction here is so secured and no one will find what you do to it.
newbie
Activity: 30
Merit: 0
June 04, 2018, 09:26:32 PM
The market has really been unstable for the better part of 2018 but as a cryptotrader you need to possess or master the art of patience. The market will definitely recover no matter how long it takes, we only need to be patient.
newbie
Activity: 166
Merit: 0
June 04, 2018, 04:04:04 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.
The creation of a bitcoin currency provides for inflation to increase at the primary stage, and several years later stability is expected. Why can the value of bitcoin decrease?
newbie
Activity: 103
Merit: 0
June 04, 2018, 03:56:33 PM
We believe that bitcoin has many things to improve, starting with transaction handling, currency is limited to counts per second, and more than that will only cause the entire system to be flooded by users, but the problem applies to all cryptocurrency types. You do not see it in other currencies, because only bitcoin succeeds in increasing transaction speed... Smiley Smiley
member
Activity: 161
Merit: 10
June 04, 2018, 02:51:31 PM
The creation of a bitcoin currency provides for inflation to increase at the primary stage, and several years later stability is expected. Why can the value of bitcoin decrease?
member
Activity: 185
Merit: 10
June 04, 2018, 02:37:57 PM
My opinion that bitcoin is considered by many to be the best, it largely depends on its value, the highest, in comparison with the altcoyins. But, judging objectively, then, indeed, there are the most refined coins, which, in the future, may be replaced by bitcoin. And, I'm sure that in the future there will be even more perfect technology for blockchain.
newbie
Activity: 83
Merit: 0
June 04, 2018, 02:23:45 PM
After sum up all the things about bitcoin i think its fees should be low because many peoples in this world do not afford such fees.I think bitcoin should be advertised because people will get chances to know about it.
member
Activity: 170
Merit: 10
June 04, 2018, 02:09:43 PM
Bitcoin is quite slow compare to other currencies. Fee-s were crazy a couple months ago, but it's fine now. It may would be nice to use a bit less energy. Anyways, I don't think it can improve in technology to reach the level of other coins, but still, Bitcoin is Bitcoin, it will stay a Top coin for some time.
legendary
Activity: 2912
Merit: 1068
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June 04, 2018, 02:03:41 PM
Everything needs to improve and evolve in order to survive. The same it's with Bitcoin. From the begininig when it first appeared it has passed a long way with some minor changes but there is still room for improvement.
To my opinion fees are no longer such problem because they are not so high anymore and the miners need their share.
Regulation is now one challenge that Bitcoin is facing and if it's done properly it could help a lot. I.think this is currently the most important issue related to Bitcoin and cryptocurrencies in general.
newbie
Activity: 64
Merit: 0
June 04, 2018, 02:03:14 PM
Well,  I feel bitcoin is damn good . I mean I'm satisfied with it . But as you said there are few cryptocurrency's  trying to over come Bitcoin and showing off , still bitcoin is the king . it's like bitccoin is the old king sitting on the throne and others are trying to take the throne but bitcoin seems to be quiet strong , stronger then all of them and bitcoin rules . but i regret something which is speed , i mean if there would be fast transactions that would be really great .
newbie
Activity: 9
Merit: 0
June 04, 2018, 01:56:57 PM
I'm sure that bitcoin has a lot to improve. The biggest problem for bitcoin now is high fees and also bitcoin should update its transaction speed. I hope it will resolve soon.
How much are the fees? arent they fee thousand satoshis?
also I say Bitcoin should be easier to be mined!
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