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Topic: What does bitcoin need to improve? - page 48. (Read 4146 times)

newbie
Activity: 294
Merit: 0
June 04, 2018, 01:55:06 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.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
June 04, 2018, 01:20:14 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.
It needs to improve solely because the users and investors number are growing as time passes by and to corporate such numbers, much innovation would be needed for a better investment and ease of transaction. If bitcoin would stay the way it was, some will not appreciate it that much anymore and would more probably avoid investing on it.
member
Activity: 518
Merit: 14
June 04, 2018, 01:19:28 PM
if in my opinion many gan. both in terms of price if we see from 2018 until now that continues to experience a sharp price decline. bitcoin prices have just started to improve over the course of a matter of days if it goes up bit by bit if it has come down as if going free fall. maybe that's all that should be fixed
newbie
Activity: 182
Merit: 0
June 04, 2018, 01:14:57 PM
bitcoin and blockchain are unique characteristics. I think bitcoin still works well. It is becoming more and more popular and fair to the public. But I think a revelation of the future bitcoin devs or ceo could bring about changes in legalization or confirmation of future growth. seems to be good for bitcoin and community.
full member
Activity: 378
Merit: 100
June 04, 2018, 01:09:27 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 will always be the number one cryptocurrency. But technical and political efforts will be needed to improve it. Such as technical means for quick cashing out, recognizing bitcoin as a national currency.
hero member
Activity: 826
Merit: 523
June 04, 2018, 01:07:04 PM

Some problems that Bitcoin has come from its underlying tech, the Blockchain Technology.  This tech has brought about some technological challenges. Some altcoins, like ETH for example, have solved such problems to some extent. However, One problem is that bitcoin has been created with a limited supply of coins that may not meet the future needs. Another problem is the energy consumption of mining. Above all, Bitcoin needs mainly to improve problems regarding security and privacy.




newbie
Activity: 6
Merit: 0
June 04, 2018, 12:43:10 PM
in my opinion, nothing needs to be fixed with bitcoin, because the [Suspicious link removed]angement is nice and very convenient, so no need to increase bitcoin
THANKS Smiley
jr. member
Activity: 182
Merit: 2
June 04, 2018, 11:29:03 AM
But if its possible to improve something, I wish that it would focus on its volatility. Though Bitcoin being volatile is given but if someday it would be reduced, then its great indeed. The transaction speed you need to change it because of slow transactions, scalability issue and low transaction fee. For the newbie they need some instructions step by step how to use and buy BTC, For me that is the problem of bitcoin nowadays. Bitcoin transaction fees are also fully dependable which means when the value of bitcoin is low the transaction fees are also low. And lastly bitcoin is already secure. You should only be careful on what you do online in order to avoid any other issues.
full member
Activity: 630
Merit: 100
June 04, 2018, 11:10:19 AM
I think in this situation those people who related with bitcoin or blockchain technology, they should more study about it. Because somewhere some newbie investors ruined this platform.
newbie
Activity: 39
Merit: 0
June 04, 2018, 07:50:34 AM
many years ago new cryptocurrencies appeared faster and safer than bitcoin and have not yet managed to dethrone it, I do not believe that any currency ever dethrones bitcoin, and bitcoin always needs some improvement
member
Activity: 364
Merit: 10
June 04, 2018, 07:40:20 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 has a lot of things to improve, I know that there's a room for improvement. Bitcoin is the number one cryptos in market, The transaction speed you need to change it because of slow transactions, scalability issue and low transaction fee. For the newbie they need some instructions step by step how to use and buy BTC, For me that is the problem of bitcoin nowadays.
member
Activity: 267
Merit: 10
June 04, 2018, 07:19:36 AM
I think bitcoin was already perfectly fine. But if its possible to improve something, I wish that it would focus on its volatility. Though Bitcoin being volatile is given but if someday it would be reduced, then its great indeed.
member
Activity: 126
Merit: 10
June 04, 2018, 07:13:46 AM
Probably the community that is behind it is one of the main things that needs to change (this community that is only hoping to get rich fast in here in a few months from now)
That needs to change
full member
Activity: 257
Merit: 100
June 04, 2018, 07:02:34 AM
bitcoin is the best crypto and it is nothing to fix or improve in the world. only transfers speed must be little beat faster
newbie
Activity: 50
Merit: 0
June 04, 2018, 06:37:51 AM
I do not believe that Staoshi is one person. Personally, I tend to the fact that this is a group of people united by the same name. It takes a minute or sometime a hours to successfully do things with bitcoin. So I want to improve the speed and less the fee,
member
Activity: 122
Merit: 10
June 04, 2018, 06:35:58 AM
I do not think that bitcoin is ever going to be replaced, that is unlikely going to happen anytime soon, so i do not understand why you are really worried about that.
full member
Activity: 360
Merit: 100
June 04, 2018, 06:33:48 AM
If I am a customer wanting to use electronic money  for the purpose of payment I will chose use pay to the virtual currency with low fees and fastest transaction speed. So in order to compete with other currencies bitcoin need to adjust the fees and faster transaction speed than.
newbie
Activity: 182
Merit: 0
June 04, 2018, 06:32:58 AM
I like how Bitcoin is, I can't think about any other necessary improvement besides transactions fee costs at this moment.

It's more about what shouldn't be "improved" than what should be improved, considering some people believe any Bitcoin's legalization and regulations are improvements...

I think Bitcoin have good improvement when we have some transaction because it is very secure like using payments of Bitcoin through the internet we can do it even we are in the house or we can purchase through the online system is very easy using bitcoin.
member
Activity: 238
Merit: 10
June 04, 2018, 06:24:30 AM
it has the largest amount of supports and it has been proved to have a stable system for the longest time most of the altcoins came out and even if they managed to gain a lot of value, they still won't be able to pass bitcoin because they don't have the support bitcoin has believe that bitcoin has a lot to improve, beginning with handling transactions, are currency it is limited to about 3-4 transactions a second, and more then that will just cause the whole system to be flooded in users, but those problems apply to all the kind of cryptocurrencies, you just don't see it at other currencies because only bitcoin was managed to get so much traffic....
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
June 04, 2018, 06:19:44 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.
Yes, almost nothing needs to be improved, because bitcoin currently shows a good bloodline, and the fall depends not only on the currency itself, so we are waiting for all the same rise.
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