What does bitcoin need to improve? - page 59.

Rakesh_alejandro

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Quote from: heureca on March 12, 2018, 03:10:55 AM

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.

Transaction fee and transaction speed are main problems of BTC if considering it as payment tool. Concerning security - BTC wallets are rather strong

I believe that bitcoin has a lot to raise, starting with transaction handling, is currency 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 cryptocurrency types, You do not see it in other currencies because only bitcoins are getting a lot of traffic.
Bitcoin continues to control the cryptocurrency market because it has become the first cryptocurrency, it has the greatest amount of support and has been shown to have a stable system for a long time.
Most altcoins come out in 2016+, even if they manage to get a lot of value, they still can not get past bitcoin because they do not have bitcoin support.

DAVETUN

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Bitcoin is the currency of this age

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

anatoliidedov1807@yandex.

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It is time for bitcoin now a huge number of people make money on crypto currency but Bitcoin is the most popular of all.

alisaserdceva

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In general, bitcoins are like fiat money. For them you can buy something on the Internet, as we buy for dollars, euros, rubles or traditional electronic money (yandex money, webmoney, etc.).

uriitimoshilov0109

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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.

AntonKrutkov806

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Bitcoin can be earned simply by playing Counter Strike. The largest prize fund in the history of Starcraft 2 was also collected thanks to Bitcoin.

Pansamantala

member

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We have no problem with bitcoin's security features since it was one of the most tough securities in the internet. What I want bitcoin to improve is its transaction processing especially for larger credits when you buy bitcoins. Sometimes it gets so slow for a virtual currency that's supposed to provide faster and convenient transactions. Moreover, I would like for bitcoin to be more beginner-friendly so everyond can effectively use it. Some of bitcoin's important features are complex and may seem puzzling for beginners.

Baddo

newbie

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In my opinion bitcoin we need to improvement transaction fees Because that one is the problem in bitcoin user high fees . Bitcoin is secured and safe in cryptocurrencies nothing to worry in bitcoin is being normal.

potatocrasher69

newbie

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Because Bitcoin is one of the secured online monetary forms and more trustable now a days so we can make a change in bitcoin like putting bitcoin ATM's on all urban areas it is exceptionally useful to pull back their bitcoin rapidly immediately this will supportive to enhance bitcoin client's everywhere throughout the world.

Uno17

member

Activity: 322

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Bitcoin is already outstanding among other crypto currency in the market, the management have a well done job in running the bitcoin in the matket, my opinion only of enhancing more is hopefully one day we could see some atms anywhere around the corner like the bank’s atm, so that it can serve more convenience to those who has urgent needs of money. Overall bitcoin will sure soar in the sky in the very near future😊

qtronix

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Bitcoin does not need improvements, it is quite safe, fast, the size of the Commission is also regulated. He just needs to get even more involved in our lives.

siddu1

full member

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I don't think so that Bitcoin have to change anything except one and the thing is bitcoin transaction fee is very. as a result people who transact a little amount of Bitcoin they have to pay a good amount of Bitcoin.that's why I think the fee of Bitcoin transaction should decrease.

deepakg2m

copper member

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Major problems with BITCOIN that needs to be improved are:~
1. Speed of transaction
2. Fees for transaction

JillClarissa

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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 think bitcoin is great right now, but it still has a lot of things to improve, such as its slow trading, which is a big problem. Second, its transaction costs are high relative to other cryptographic currencies, and would be better if it could be reduced.

drukoz2

member

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It is very important for bitcoin to expand as a payment system as a currency, as in many cities and countries it is still impossible to pay with bitcoin anywhere.

Mantisa83

member

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Bitcoin BCH is the only Bitcoin. Segwit Coin is no longer a cryptocurrency and has no known utility and might disappear for good. All Dev is now on the BCH chain which has a bright future as originally intended by Satoshi in the white paper.

mhsingh

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I don't think any improvement needed in Bitcoin. Time to time blockhain updating its resources.

perova93

member

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Some want it to be stability and some want the forecasts to be so accurate to invest and do not exactly disappear

BILGPS

full member

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Bitcoin is the best and improving currency but it is for the people to hold this currency because with out this the bitcoin value will not rise and if the people love to buy bitcoin and hold this then they will see that bitcoin provide them the best profit in the near future and it is good to use this for online payments etc it is convenient for those who are dealing with online services.

Ranly123

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Quote from: Kronos21 on March 02, 2018, 01:57:39 PM

I also do not like the speed of confirmation of transactions and their price. We saw this flaw when the price of bitcoin was $ 20,000. Can you imagine what the price will be for the transaction if the price of bitcoin is 50K-100k. But there is still the problem of the inability to withdraw your payment if the store sent you a defective product or did not send you anything. Now this is not very important because most stores do not accept bitcoin for payment. But we need to prepare for this now.

Defective products you bought from online stores has nothing to do with bitcoin. It is just the same as you buy products with fiat currency, there are tendencies that the product you brought is defective if not properly inspected. Yet i agree with you not liking the confirmations of transactions speed, it should be addressed with the developer and improved.

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