Bitcoin Forum

Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.

Well I do think that the faster and cheaper cryptocurrencies. In the market are affecting bitcoins in a good way, since now developers are seeing the need of change now they are seeing how they are supposed to change according to the market , how they need to reduce the fee and make it faster.
We are seeing business developments like... Transaction accelerator and it's even free , I do think that they all are helping bitcoins to improve and it's incredible.

Yes, I know that someday all crypto coins will work as fine with other alt coins. And eventually will work will fiat as well. Our world is evolving and we really need crypto in our lives someday.

It's a good thing that more and more altcoin is trying to go beyond bitcoin, because technically they've already exceeded bitcoin.
But the BTC is still the encryption money market leader, it will not be replaced by any tokens, this is the same truth, if have tokens, replaced the BTC, so the encryption will collapse in the currency markets.

they are also far less used than bitcoin so they have lower fees based on their lower usage.
ETH has a bigger usage and it has a higher fee. fees that have reached $4 per transaction in times of congestion. and the blockchain of it is so huge that you can no longer use a full node unless you are a centralized server.

it also is un-used and centralized. if you want to use a centralized payment system use Paypal.

it can not handle that many transactions per second. so it has a scaling issue although it is so much better that blockchain based cryptos.

very true.
hopefully we start seeing some real competition this year instead of centralized shitcoins such as ETH and XRP.

A lot of coins have gone beyond bitcoin technically but bitcoin still has 34.8% of the total market cap currently. It seems bitcoin is not going to die because of technical lack.

Bitcoin doesn't exceed it's maximum yet, Yes it got higher price and sure the most expensive of them all because it is the first Cryptocurrency ever made and I really think that it can still goes beyond that last All Time High, And I agree that any Atcoins or token can not replace Bitcoin if it does the market will sure collapse, I can not see any Coins can replace bitcoin just like in the fiat currency where dollar reign supreme.

I think crypto is quick and cheap from other currencies. Bitcoin influences the market. Now the changes of Bitcoin are being noticed, it's more develop. Think about how to reduce its fees and make it faster faster. Recent Bitcoin is improving the business. Bringing a lot of changes in the transaction, improving the transaction system.

Bitcoin is bloated now, same as ethereum. However, it already has the brand established so the community just needs to sort out a technical solution. I think this is easier than trying to market an unknown coin with better technical specs.

Charges for bitcoin are typed with great speed and cheaper from this they do not get this very big hype affecting prices undoubtedly.

Charges for bitkoyn are printed at high speed and cheaper, so they do not receive this very large advertising that affects prices, it's a good way out of the poor.

I'm not worried about the price of a bitcoin transaction. I always make a transaction of a large amount of bitcoins to the exchange and change bitcoin to Fiat. Then do any shopping with my MasterCard or visa. If I need to make a transfer in cryptocurrency I use double exchange for XRP. It's cheap and fast.

Cryptocurrency is a good online currency and actually it helped me a lot on my finances. But let us be reminded that not all areas in the world and not all people have access to the internet. I am in love with cryptocurrency especially with bitcoins but at the end of the day I have no choice but to convert it to fiat money so I can buy food for my family and pay my bills and etc. If I will go to the rural area there is no internet connection in that place and people have no computer or smartphones then it is very crucial to say that we need also fiat currency.

You have not taken one serious part into your consideration. Bitcoin is one of the highly used networks, and thus because of high usage we see limitations of it. Honestly there is one guy who can take credit for shilling that scalibility is the issue -Rodger Ver, he wanted all of us to switch to Bcash and thus he promoted that this was huge issue. But in fact with SegWit in place you could transact with cheaper fees and faster confimrattion time. When theres and obstacle, let the devs find the way, they will. This is still experimental tech. IOTA is free but centralized+ you could wait long enough for your transaction to be confirmed by the network, there are other "feeless" coins such as NANO if you are interested. But yet even by being free they are have other issues that need to be worked on. So far I think nano is fastest, but not fully decentralized.

Good point. I understand that people living in developing countries would most likely tend to convert their crypto into fiat currencies for survival purposes and no one should judge them in this case since everyone are free to do whatever they wish to do with their coins since it is their hard earned money in the first place. Some people ignore this point and tend to blame different people for driving down the value of Bitcoin or any other coins for that matter which is stupid and uncalled for. Just remember to secure your assets and don't blame others for your losses.

Yes, there are a lot of good altcoins now, they're trying to replace bitcoin, but I don't think there's a altcoin that can replace bitcoin. Although these COINS in technology has transcended the COINS, but the bitcoin over the past few years to get the welcome of people around the world it is not only reflected in the price of the technology, also reflected in people's recognition

I see a lot of ICO is faster to grown and the different thing is very fastest to became a cheaper price. After their got the profit on iCO altcoin can easily to sell on bitcoin. And the market affects bitcoin price. I believed on crypto because I'd experience how many times transacted from the other country.

If you still can't figure out how to profit from Segwit , and make your transactions get confirmed faster, this howtotoken article ... almost free exchange of cryptocurrencies over different blockchains, like Bitcoin and Litecoin will become available.

In January, the situation with bitcoin was really bad. The present does not even fall the crypto-currency market, and the crisis in this market has largely provoked the shortcomings of bitcoin. People have still invested in bitcoin in inertia, and he could no longer sustain such a demand technically and the situation became unbalanced. We are now practically witnessing the consequences of ignoring the need for the technical improvement of the leader of the crypto currency in the still not mature crypto-currency market. Although there are already coins and tokens, which outperform bitcoin in its functionality. We need to get rid of the dependence of bitcoin on the crypto-currency market.

BTC has a much larger ecosystem of investors, developers and an established (and growing) number of believers. As you say, competition is good, it will keep the big coins in check. If there is ever an altcoin that develops a truly revolutionary feature be sure to see btc adopt said feature as well. You can't overlook btc's power with how vast its resources are. All that said, again, as crypto enthusiasts we should welcome new altcoins (but true altcoins not scams) that spark new ideas and technologies. The plan is to have these currencies stay.

true,because the cripto transaction does not involve a third party (bank or bank bookbook) so the process is faster, and cheaper because it does not involve the people of the bank which of course it cuts the transaction costs.

basically use which you think can be profitable

;D ;D ;D

Well I guess that as a whole and in general cryptocurrencies are a much more faster and reliable way than what we have available in our paper money. However if you are asking for a cryptocurrency that can provide you with both of that luxury then I’m afraid that it would be entirely your call. Some would prefer bitcoin over anything else aside from its high fees due to its popularity while some would argue and have a point in ethereum with it smart capability and technology

I think that cryptocurrency is fast and cheap. Bitcoin influences the market. Now Bitcoin is changing more and its promotion and the world are being developed. There has been considerable change in the transaction system, safety measures and wallet conservation etc. I think it will turn into a more advanced, cheaper and popular currency of the world in the future.

Crypto still has a long way to go. Initially starting with btc and a few alts, today the concept of crypto has revolutionized tye way od e trading. Making it much more secure and faster by not having to deal with middlemen. Despite all the negativity from certain groups of banks and people it will continue to grow.

Bitcoin is changing the market and the world around us. Bitcoin gave us an additional degree of freedom.  We ourselves can decide what currency, fiat or crypto to use and how to make transactions. The world will not to be the same as before bitcoin and blockchain.

What I have noticed in recent time is that once the Price of bitcoin move above $11000 the transactions fees will start going higher then expected and the speed of transactions becomes so slow. Even in the other altcoins is the same it always get to a point where the transactions fees becomes high and with slow speed also it all depends on the amount of users trying to carry out transactions at a time.

In comparison with different other transaction accessibility bitcoin provides the best service with the much reduced fee. Another thing is that it can be reached anywhere around the globe where there is an active internet connectivity. The same is not possible with other forms of transaction which requires service points to make the transaction successful.

It has almost become a tradition in bitcoin market that once the Price go above $12000 the fee start going high I don't know what is the course of that and at that point transactions becomes slow and we will start witnessing a lot of unconfirmed transactions in the system, so it is with other altcoins also .

The thing is that this could be the reason that Bitcoin isn't the coin that lasts. That's what makes the altcoins so interesting to people -- they realize that it's a possibility that Bitcoin ends up having super high fees and slow transactions, so people will swap to a different coin. As of now, I don't think we're at that phase of understanding -- people just invest into what they like, they don't do much research (at least the general population, not those who are pretty versed in these investments). When the time comes, if Bitcoin doesn't work out its small kinks, people will switch around.

yes i think crypto is faster & cheaper because i'm usually use cryptocoin for transaction like BTG, LTC, ETH, doge. so i got cheap fee with this way.

Crypto really, is a more efficient payment system. Plus the decentralized technology behind bitcoin will be used for many new things including accounting, medical records, insurance and more

If we are talking about currency it is still easier to used fiat, but if we are talking about investment, crypto currencies still better than fiat, the investment value could go up really quick, and if we are talking abiut global transaction crypto currencies still better than fiat, bitcoin now has become better the fee has reduced and the speed has increased, so i think if in the future crypto offered a great speed  transaction and low fee, we can used crypto in our daily life, it will be great to see people can choose either fiat or crypto for payment

For user of payment via bitcoin this might be a down point for the high fees but the security of bitcoin is formidable compared to other cryptocurrencies. Litecoin, ethereum and other altcoins has lesser profits compared to bitcoin that could double in just a matter of minutes..

I think that cryptocurrency is faster and cheaper. In the market affects bitcoin in a good way, because now developers see the need for change now they see how they should change according to the market.

If you just care about faster and low fee, why don't you use Visa? Maybe you don't need a cryptocurrency.

Every zero fees cryptocurrency is centralized (nano, iota, etc)

ANd now bitcoin fees are almost the same as ethereum fees. If you use segwit.

Yes, decentralized cryptocoins have comparatively higher fees as compared to that of centralized coins but again, why would someone use centralized coins if there is no freedom in using it. I have use XRP too and it is the fastest way to remit funds but it is not decentralized so the government can anyway control it by pressurizing the issuing company. So we have the freedom at a comparatively higher cost, on the other hand, there is a choice to lose that freedom for saving the cost of the transaction.

yes, even so, people still trust and store bitcoin. although bitcoin transfer costs are higher. I do not know why but this is the reality. bitcoin remains popular although many other coins have an advantage over bitcoin.

Fees varies depending on the coin you are using. Bitcoin on the other hand cost higher fees but in return it is also giving bigger profit since its value is way more expensive than other crypto currencies. We all have a choice whichever coin we think we earn more but for me I will always go with bitcoin despite of whatever fees involved.

I think the high cost of bitcoin and the speed of transfer will be solved in the recent years. We are very much looking forward to the launch of the lightning network. I also believe that more altcoin can be used by everyone.

I agree with others that btc is the leading crypto in market but some others crypto are faster and cheaper than bitcoin.We also khow that very fast r not good always. With this category one should check it's stability and efficiency.But it is true also that you never like to wait as a pending in a urgent moment so btc should improve it's technical site for the users.

In my opinion not only that, there are many other crypto, which can be used with cheap price, like WAVES and XRP both are still very good to use. Why I say it like that, because I still hold and use it in their trade.

If you start from the initial idea, read the SN white paper and look what aspects are correctly implemented.

With that start and search for a working, cheap, used, growing and wide spread coin.

I agree because there are some people who still choose to be loyal to fiat and can not get the idea of how crypto works. I have a few friends who are basically one sided and could not get the idea how crypto can make our lives much easier once you get to know them. I prefer to choose sending payments of some of my household bills and sending money using crypto because it is more convenient for me and it is faster.

Apart from bitcoins blockchain and Ethereum smart contract, there are new coins that are springing up in the field of blockchain with the minimum fees or no fees but faster than bitcoins and ethereum. CreditScore(CS) is one of such coins that has the power and facilities to outnumber bitcoins and Ethereum.

Yes, we should admit that the problem with the speed of bitcoin transactions and fees for their holding still exists, although not to the same extent as six months ago. At the same time, young coins and tokens continue to develop and began to bypass bitcoin in terms of functionality. Bitcoin will have to withstand competition if he is going to remain the leader of the crypto currency. This is the law of the market and all are subject to it, including bitcoin.

Well, I have shifted majorly to the ethereum transactions, the only time I get to use and face the Bitcoin transaction fee hassle is when there are no more options left for me than to use it. True about cost of mining fees for the transaction processes but there has to be a reevaluation. And maybe this helps to boast the Bitcoin price value indirectly too.

crypto was cheaper than fiat back then. imagine in 2009 bitcoin price was less than $1. the transaction fee is more lower than that.
but now, bitcoin tx fee is rather expensive. i dont know, maybe because bitcoin price itself already gone high.
so now i only use cryptocurrency for investment, no more than that.

ETH is the fastest and cheaper than other types of coin

I think it's clear why bitcoins cost more on the market than all the other coins.

Right, there are a lot of coins out there that are better than bitcoin in terms of technology and much faster in terms of confirmations times and the fees are way less. But people still go and stick with bitcoin because of its value.

But it also makes sense to put your money to other altcoins as well like Ethereum because of its many advantages. Yes, competition is good but if we are going to think that bitcoin can be overtaken because of its many issues, I still doubt that. So its better to take advantage of both coins and get to see how it will fit our needs (investment, trading or even gambling.)

Higher or not of fee for transaction with bitcoin is based on price of bitcoin, we know bitcoin have high price than the altcoin price, is why fee for making transaction with bitcoin more high than using altcoin. Some day when altcoin have high price, fee for transactioin using altcoin will be high and will be the same fee by using transaction with bitcoin. all of fee transaction is based on price of bitcoin or altcoin it self,

I hope that crypto can work like fiat because i want the mix collaboration between them then the life would be better and easier.
I will be waiting for that day coming. Anyway, for sometime i think crypto need more serious development more than just use the coin or token for trading or investing. I think this is tje most case happen right now. The developer more serious with their income to make the price increase rather than develop like what they really pln from beginning.

Actually Ripple works great as an  alternative to Bitcoin for Everyday use. But when it comes to Long term, Bitcoin is better storage and not controlled by a single administrator and can be used to buy things worldwide electronically.

The thing is that bitcoin shouldn't stay behind its competitors, but rather incorporate their solutions, if they prove to be effective, into its blockchain. The ultimate challenge for Bitcoin is high fee problem prohibiting it to become the peer to peer payment system (it had been intended to become) and the devs should work out a solution to this, and that solution may and should incorporate other crypto-solutions already tested and proven to be effective.

I used the neo wallet recently and was surprised that it was absolutely free transaction process compared to bitcoin and ethereum. Though I do more of the ethereum transactions and have seen it is much better because I have my altcoins there. I seldom make use of the Bitcoin mainly because of its high transaction fees. So, I will recommend the ethereum mostly for now.

yes the fee of bitcoin is high because there are many people use bitcoin and they want to makes their transaction fast, so they increasing their fee to make their transaction confirmation is fast than normal fee, and the solution of this is using another coin, like eth and ltc. eth and ltc is the big coin that has the lower fee than bitcoin, right now usually i use litecoin and eth for sending money

Bitcoin expenses are higher than some other coin. This is because of an absence of versatility and along these lines high mining charges, which likewise impacts exchange speeds. Ethereum and LiteCoin have much lower charges and send considerably quicker. XRP is less expensive and quicker than that. Particle is free yet their wallet isn't exactly satisfactory yet. This market is still exceptionally youthful and developing. In the long run these issues will be worked out. Yet, the colossal thing about rivalry is that you can pick which strategy you need to utilize. What's more, on the off chance that you'd rather remain in the fiat world you're allowed to do that too.

Actualy as far as i know all transaction fees depend on the exchange trading site's that you been used and not by the main reason of crypto coins by itself  value,as just what you stated that bitcoin fees are higher than any other coin,due of lack of scability,while the altcoins is lesser in market fee because its lower its price value than bitcoin,thats why i said thats theres something misinterpret of this speculation,otherwise all its depends on the exchange trading that you creating transaction,because all is decentralized.

Of course, you can check this situation with Etherum, you will see how fast ETH is and how cheap on the fee transaction it is also.

Altcoins have a quicker and cheaper transactions than bitcoin and fiat currencies. Bitcoin influences the market. Bitcoin transaction and fees change when bitcoin's price changed . Recently Bitcoin is improving and improving at a fast pace evven on developments of how to.mine it

Well with how quick this market grew during the past year, it's not going to take long before people see all sides. Alts like eth and xrp's advantages over btc would clearly be seen. Though even of that happens, i think most would still see btc simply because it's bitcoin. That's how many people see crypto for now, bitcoin.

I take it for granted that bitcoin is the best and no coin can replace  bitcoin position as well. As we know that bitcoin is the prelude of digital currency and till now it still always satisfy with it. Besides, bitcoin is older than any other coins, ethereum is a case of point. Therefore, there is no doubt that the new may have a pretty good techonology and indeed this factor is more likely to make ethereum be fast progress than bitcoin. In short, I completely believe that bitcoin somehow will never be replaced by any coins.

In my opinion, even bitcoin takes a long time to see the result. But it is a work that can be done by unemployed or full-time housekeeper as it can be made through the home and does not require us to get out of capital. It only takes time to work on bitcoin. The result we will probably have to wait long, but sometimes it's worth it as it only takes a little time to build a sentence based on the topics discussed.

it depend in you, how you work in this area, some crypto grow up fast in one period of time, some grow down in one hour, but it is the best way to earn money

Well it self opinion that is why is decentralized, but the biggest advantage here is that they are many other altcoin which can work on the aspect of fast transactions in the nearest future, with this I always believe bitcoin will lose it kingship to other altcoin in future.

Yes. The rate of the completion of transaction is far cheaper and faster that  the bank. Once the blockchain confirms for the required number, the recipient or beneficiary get the payment in its wallet

The crisis in this market has largely provoked the shortcomings of bitcoin. People have still invested in bitcoin in inertia, and he could no longer sustain such a demand technically and the situation became unbalanced. We are now practically witnessing the consequences of ignoring the need for the technical improvement of the leader of the crypto currency in the still not mature crypto-currency market. Although there are already coins and tokens, which outperform bitcoin in its functionality

Nice options, I just wondering why you did not include litecoin, bitcoin forks, and others. Eventually, preferring to only one payment method or crypto is just using only a local fiat money. Let say something like this, in the current financial system, if you are living in the US then you should use USD, and if you are living in China then you will use CNY. It is just the same as in crypto, if you want to have your base money, then that is bitcoin. But if you are engaging in a smart contract, well there is ethereum for you. Different crypto for different kind of transaction needs.

Try https://handcash.io/

or

https://bitcoinexchangeguide.com/cashpay-bitcoin-cash-wallet/


Cheap, quick and useful

My perspective, Btc has a much larger ecosystem of investors, developers and an established (and growing) number of believers. As you say, competition is good, it will keep the big coins in check. If there is ever an altcoin that develops a truly revolutionary feature be sure to see btc adopt said feature as well. You can't overlook btc's power with how vast its resources are. All that said, again, as crypto enthusiasts we should welcome new altcoins (but true altcoins not scams) that spark new ideas and technologies. The plan is to have these currencies stay.
 

You was abosultely right what your opinion crypto is faster and cheapre, just few time some one can be a rich man but the same will be cheaper on little time with cryptocurrency. Just only one day or one weeks some one will be rich if their crypto price have highest but will be more cheaper if their crypto was drop few time, you have take more carefully to choose which one best to invest on your crypto.

We are in very early stage on this market. We need a lot of improvement such low transaction processing fees, the speed of the transaction and scalability. I personally believe bitcoin is not suitable for small transactions and for day to day life transaction. There are many well performing alts coins in the market for day to day transaction with low fee. Bitcoin is not just cryptocurrency, it introduces the brand new concept to the whole world.

yes it is very true even after so many years the market is still new it still needs a lot of impoverishments and it will surely happen in the coming years and there will a time when it will be closest to perfection or probably perfect

I love Crypto, not only because it's faster and cheaper, but because you don't need to go somewhere and submit your ID prior to get part and get use of  money transfer, like banks do.

The fees are good at the moment, do you really think that paying upto $0,10 per each transaction worth of fees is expensive? gosh, this is full of newbies nowadays

There is no doubt to the fact that crypto is here to make life easier. The advantages crypto have over fiat currencies as means of payment are the fact that it is simple to use,  faster and cheaper transaction fees. These are the main reasons why I think that cryptocurrencies are going to become more popular and useful in some few years to come.

The price is not stable so you ant say is cheaper but is faster because the rate of investors is increasing above expectations, and those country kicking against it are only looking at it from the wrong understanding level but sooner than expected, it will take the world

fees for every transaction fair enough and i think fees for every transaction its depends on the location, as i know mining are consuming electricity fees not a transaction fees but depends also in the location, herein my location not advisable to set mining rig because electricity fees are too expensive.

I don’t think that this comparison between bitcoin and other crypto currencies is good and right because there is no competition exists between two. Bitcoin is entirely a different currency and is more developed and successful than other crypto currencies but yes this characteristic is good that you are free to use any currency and any method to transact your currency and you are even free to use Fiat currency even over crypto currency, there are no such boundations.

I hope someday the transaction fees of all cryptocurrency are equal. We are free to trade all pennies and are not afraid to lose a lot of transaction fees. Surely the cryptocurrency will replace the fiat currency

Bitcoin is very good crypto currency and I am always in support of bitcoin only because bitcoin has always helped me a lot and most importantly bitcoin has made be self independent and now I can bear all my expenses by my own only , I think there is no high fee of bitcoin transactions though the transaction fee has hiked in recent months because of improper regulating body of bitcoin but still I believe that things will go good and all will set in favour of bitcoin.

A coin must have its own application in order to compete with the rest of the coin, although the btc cost is expensive and the processing speed is slow but I think it is still outstanding technology, which proves In the market, the other fees are cheap and transactions are fast but can not occupy the position of btc

I understand that but above all I still think that the current BTC market is still the king, as it is the currency that drives the market. I will still consider investing in it more.

You just wanted to promote your coins in portfolio ,but why need to make netive impressions for bitcoin?why dont you check the transactions speed and fees now,and youll find how low it is,last December congestion is what the reason for some transaction problem but with the help of Lightning Network everything will be just fine

For the matter of cost may not be comparable to our knowledge that can mengahsilkan experience in Cryptocurency. So when the Bitcoin transfer fee of about 50,000 satoshi is probably worth it for the miners and the science we get from Bitcoin.

Definitely a moment to its future Bitcoin - Altcoins - Fiat can join so one, become a goal in financial terms.

More and more coins are in the market and it seems that others is of high value but for me no one else can beat bitcoin right now because Bitcoin is still the king of cryptocurrency.

The rules are different at all. And its price rise is all difficult. butcoin cheaper and faster The price of bitcoin is traditionally changed.

I think that the price of transactions for bitcoin will be less, because the lightning protocol will be introduced, which will solve this problem. I think that in the future bitcoin can become the fastest and cheapest!

Agree with your opinion! The team of bitcoin is working hard , and we really see new updates like "Lightning Network". I think fees will become smaller.

Many Altcoin are trying all possible best to make CRYPTO easier to investors all over the world with lower fee, that's why many investors prefer holding Altcoin than Bitcoin. My opinion

A lot of people now are using crypto as their currency assets. They crypto also in transfer money because it has a low rate in charge. Crypto develop so fast because it has a cheaper  charge when they use it via paying bills transfer money and other things.

Crypto is becoming an investment trend nowadays with many projects as well as a lot of interest in current investors. The price of crypto will achieve what the founder expects them to achieve faster.

,well i also support your idea but, as of now we could actually see that bitcoin is not yet at its good figure, and to add about it those high fees that are currently or probably hindrance for some who are attempting to transfer their money, and yes it is a bit faster compared before when we say about transactions.

There are a lot of cheap and potential crypto, now almost all the altcoin prices are cheap, so you can choose them to buy and hold will be better for you.

The Bitcoin blockchain as a payment platform, by itself, cannot cover the world’s commerce anytime in the near future but the Lightning network holds great promise with many technical experts suggesting it could achieve the same transaction speed and volume as Visa on a daily basis. Hopefully the pursuit to overcome the challenge of scalability and throughput will not lead developers to sacrifice the decentralisation and security that the Bitcoin network provides.

If used for practical applications, this has not happened, altcoin and new tokens are mainly used in the field of investment! In payment, there are still very few and unsuccessful!

about the cost of bitcoin transactions is more expensive eg compared to other platforms for big investors there will be no problem of course, which is a problem that is, perhaps because it is a bit slow to be able to do transactions with bitcoin, and it can be proved that currently many people who do transactions prefer using bitcoin, if for a small investor may prefer a transaction with a platform that is cheaper than bitcoin.

You're really right. The world of cryptocurrencies is very diverse. Each coin is different from its analogues with a new technology, even if it is the speed of the transaction or the cost of the transaction. Or technology of the wallet for other altcoins, etc. All these coins are very different. But today there is a problem in this diversity, which will win most of the market. It seems to me that there should be altcoins in areas and areas of activity. For example, everything related to real estate is in the hands of one coin. All that is associated with the formation, in the hands of another coin. Etc. I think this model will go well in the wallet ERC20/

I do admit so. Think of its growing you can easily understand that it’s cheaper and obviously faster. I think it will be more cheaper as the transactions increases.

I think this is a good time to invest in Cryptocurrencies. First of all, find out what kind of Altcoin is right for a better investment

https://cdn.howmuch.net/articles/crypto-transactions-compared-ce3b.jpg

When we compare crypto vs fiat transfer through VISA transaction speed is much better in VISA. But when we consider about the fees VISA is not the best option in the field. Though Bitcoin transaction fees are much higher than VISA there are several other alternative currencies we can use to transfer money at low cost within short time. XRB has low tx time and tx fees compared to other valued cryptos. Then it ascends accordingly in oder of XRP, LTC, DASH, ETH, BCC and finally BTC

you are right, our world is currently developing and in the future crypto will probably be a global currency.
in lieu of paper money.

To all the people saying that other options are going to beat Bitcoin in terms of speed and/or transaction fees. What makes you think that Bitcoin won't just fork when it needs to, and incorporate sharding or other scaling solutions?

Obviously due to the competitions people are finding out cheaper, better and more efficient way of producing and trading bitcoin with a minimal transaction fees, earlier bitcoins were mined using PC processors , then came the usage of GPUs and now there are special devices programmed to mine bitcoin or any crypto and with each upgrade its getting faster and a lot cheaper in mass scale.

Indeed, with many different coin in market, we have option to choose the best for ourself. Competition creating transparancy and consumer have benefits from that competition.

Bitcoin has the issues you point out that is the scalability and high transaction fees. This challenge is really affecting bitcoin adversely. I hope that bitcoin developers will do something about it before it becomes a heavier weakness which will prompt  users to look else where for a better deals.

I think the transaction via bitcoin is fast indeed it all depends on the people who want to do the transaction feel comfortable where he did the transaction because not everyone can receive technological advances and digital currency

Bitcoin always has advantages that other currencies do not have. It's convenient and anonymous. Along with that is a huge profit for investors. Instead of 5% growth like dollars. Bitcoin has grown tremendously in the 9 years since its launch. And more importantly it brings a technology. BLockchain technology

Yeah, indeed crypto currency technology is better than the banking world. Crypto currency is said to be very helpful for human work because of its cheap, easy and fast transactions. Of the few crypto currencies that exist in the market, I judge that the fastest and cheapest is the ripple. I really like this coin. In my opinion, ripple is able to do very much transactions in just a few minutes. Of course, this is very efficient if we as a businessman who has a very high flying hours. Ripple can be your transaction solution. You do not have to bother anymore in transactions across countries.

It brings to Blockchain, convenience and anonymity. That makes Bitcoin a favorite, although some countries still fear it

For me, yes it is. It is indeed that the crypto currency is a faster and cheaper compared to the fiat currency. I am a Bitcoin user and I am glad that it comes to enter my life. It really gives me a hand to help me in some of my financial needs and also allow me to make transactions in an easy, secure and anonymous way.

Very true. Aside from options, the competition will help bring out the best coin. That’s the advantage of the market. You learn about each other’s strength and weaknesses, then you can create the best one out there. In the future, whether Bitcoin remains on top or not, we can rest assured that we can enjoy the benefits of what having a virtual currency has to offer.

Bitcoin fees are higher than any other coin. It's a good thing that more and more altcoin is trying to go beyond bitcoin, because technically they've already exceeded bitcoin.
But the BTC is still the encryption money market leader, it will not be replaced by any tokens, this is the same truth, if have tokens, replaced the BTC, so the encryption will collapse in the currency markets.

Well with bitcoin came the era of cryptos and hence started other crypto currencies, thus bitcoin will always stay the legend of the market in any case and the rate being so volatile it also attracts more investors which other low rate and less volatile cryptos don’t and hence I personally think bitcoin won’t be affected at any cost with the increase in number of cryptos and neither by the pricings of other cryptos, although as mentioned if some other mean is developed by which the mining time and transaction fees can be lowered then bitcoin might achieve greater heights.

We are seeing business development but it will not be replaced by any of the tokens. If there is a token, replace the BTC, so encryption will crash in the currency market.

Now there are thousands of different coin, competing for development. It is difficult for new coin to grow if it is not different from the coin that was born before. So the charge as well as the transaction speed is a factor to compete among the coin. That's easy to understand. right!

Bitcoin is brand in crypto market. Many altcoin is available now in market. But these has no effect on Bitcoin. It is acceptable at more places than other. I think fees is no matter the transaction should be safe and trust able.

Now I know why users prefer to use altcoin to make transactions rather than using bitcoins, the answer is because it is easier and faster, there are many options and variations for transactions using altcoin, yeah you're right, although visa is faster but more expensive than the fee in crypto

I PREFER THE LITECOIN BECAUSE THE RATES ARE QUITE CHEAP ALWAYS ALWAYS INCREASE THE VALUE THEN WITHOUT DUE THE LTC IS BETTER

I think faster for me personally was true but I don't think it's cheaper than other coins because we cannot even guess the price tho, and also I think bitcoin was the best in crypto world.

Even the ethereum network can be congested and you must use the gas fee very high to process your transaction.
The developers of cryptocurrency must find a way to avoid congestion of network. I heard sharding is a good method to avoid that.

With many different coin in market, we have alternative to investing our money. Competition creating good coin and investor will take the benefits. I do believe maybe in near future, many peoples creating new coin with different advantages and competition will eliminate bad coin in market.
Cryptocurrency market still growing and I am believe it will growing bigger

In a crypto is a fast and powerful currency in the world but now we can say it is cheap from other currencies, as it is down now but I still expect that its price will return the same price and it will rise. Influenced Bitcoin in a market. Now that we know the changes of a Bitcoin it is noteworthy that it is more helpful. we should Imagine how we can reduce its fees and make it fastest True Real Bitcoin is to show and improve a business. It transfers substantial changes to transactions, and a system of transactions is well-organized.

Bitcoin is the most volatile crypto among all the crypto currencies and also the most expensive and most popular, its hard to mine and a lot of investment is needed just to mine it, although other cryptos such as LTC , ripple, ethereum are faster in almost every field of transfer and so on and thus their transaction fees are less, although their rates are pretty less and hence not much volatile which indeed causes not many investors to be attracted towards them.

Bitcoin will definitely not die, neither by technical faults nor by any other means, until and unless the rates are volatile and high it will keep on attracting more investors and hence the circle will keep on going and I don’t really see bitcoin dying anytime soon rather I predict bitcoin can touch greater heights if the mining is more efficient and less costly also if the transaction cost is lessened then it will attract even more investors and traders.

I think with this situation going on, Bitcoin will have to pay for not upgrading its platform. Although it is now a lot of people hold and invest a lot but in the future people will pay more attention to the function of the altcoin.
So we should hold onto ETH instead of holding BTC in the long run.

Last time it was bitcoin that has fees but check out https://coinb.in/#fees the fees weren't too high and it was completely different from before.

ETH is struggling, it's network was congested few weeks ago and no idea when it will be fine.

In my opinion, bitcoin is still No. 1 in the coin market. The fast and cheap altcoins fit for invest. Because it is always trend in the currency types

Bitcoin fee higher than others because bitcoin price is very high. Its the consequence of high price and the effect is higher fee if rated on fiat. But as far I know, there will lightning network and reducing a lot fee.

It's quite stupid talking about that I think. There are sharks out there that are willing to gain quick profit to people that try to do their first bet - because this has become: a betting world.

And if someone gain profit, someone HAS TO LOSE.

I agree that working with crypto you can an urn much more money than working in your country in some company. But to start to do it you must know some knowledge. You don't need to invest money into your knowledge.

because all transactions are now very easy and there is no word of regret in this life ,, like high waves watering snail holes.

i would agree. an unknown coin that isnt established has alot of problems. the more established and known the better

It is true that user can choose which ever coin he/she wants for transaction but nevertheless there is need for a standard if at all crypto will be recognized at an intentional level, BTC have more chance to be a standard but because of its scalability just as mentioned above will be what can give one of the alts a better chance to be a standard

We all do know that crypto currencies transaction are really fast but in terms of the word cheaper sometimes we cannot say that crypto currencies is in a cheaper situation maybe at this moment we can say that this is the moment that crypto currencies is in the cheaper situation that a lot of people can invest on it any keep it for a while and wait for the right time for the big opportunity of it  to make a lot of good profit in the future.

Yes, i think crypto is faster and cheaper. Think about how to reduce its fees and make it faster faster. Recent Bitcoin is improving the business. Bringing a lot of changes in the transaction, improving the transaction system in the world.  :)

I am surprise to here people complain about transaction fee in bitcoin. There is a saying that nothing is free on earth, even in a place called freetown nothing is free. Your transaction will be confirm by miners and it is the miners that will receive that your transaction fee.

the cost of bitcoin is expensive among other coins but until now bitcoin still occupy the most superior coin in the stock exchange
but small and big costs in each coin transaction is an option for investors and traders

There must be a breakthrough, the coin born after the new development. Each coin has its advantages and characteristics as well as its own specialty

The problem is when the fee for a 4USD transaction (buying a coffe cup) is 100USD, and we have seen that in December last year. It simply prevents the use of Bitcoin as "peer to peer electronic cash" and wasn't it the initial idea behind its creation?

crypto is indeed fatster and cheap!!

expensive fees and a long time for a transaction is one aspect that should be fixed, so we will be comfortable using it.

I think lightning network can help our transactions, and I will always choose bitcoin than other altcoins.

bitcoin is a part of my life.

The fastest AND most inexpensive CryptoCurrency is Ripple. (4 second transactions costing 0.0007 USD).

Not sure why everyone is recommending random coins that don't answer the question when Ripple statistically is the best performance wise.

Just found another super fast transaction speed (can compare with Ripple). This is Stellar Lumens (XLM). 3-5 second confirmation time Supports thousands of transactions per second
Some other compare if you need: Ripple - 3-5 second ledger closes Ethereum - 15 second block times Litecoin - 2.5 minute block times Bitcoin - 10 minute block times

That is Crypto industrial for you, i have been observing that, in time of price difference in value from the factory price, which is very cheap and even when it has listed on exchange, but movement to moon was on predictable in Crypto currency price in time coming.

Each coin starts at different times and values. Its value is decided by the community of users and investors on the market. Utility - the quality of the product helps its value move faster and vice versa.
Predictable value is only reference and depends on many factors for value to the moon.

While bitcoin is the most common currency, and the most expensive, everyone wants to own it first, and then buy alternative currencies.

There are two types of coins bitcoin and altcoins...The other cryptocurrency except bitcoin are altcoin...I generally use bitcoin but once i used litecoin and dash for transaction which is having too low transaction fees and even time is also too much less... Normal people use flat currency only ...The people who want to get rich or having interest in crypto they only use crypto.

it is true, the transaction in altcoin is very fast and cheap. but all transaction costs are based on the altcoin price itself. the higher the auto atlcoin price the transaction cost will go up equally with bitcoin.

i think people complain because they don't know if bitcoin fee actually is almost same but because of high price, it look expensive too. they don't see if their investment is grow up too with high bitcoin price

transaction fees from bitcoin become expensive due to an increase in the fiat currency pair. if calculated using crypto currency, it does not change. but if judged using fiat currency. it gets really big. you are right, now a lot of options to make shipping transactions or payments at cheap cost from bitcoin. but that is all the growth of bitcoin technology. so it will always maximize all transactions and in minimize all fees.

Nano definitely is, can't say the same about Ethereum at the moment, it's bloated as fck :/

Yes, in the future it will be exactly like this. The account is cheaper ... not at the moment, because there are transactions that can take a very large commission ... especially if the system is overloaded. Yes, and at the expense of faster, too, everything is not so unambiguous, because there are failures in transactions ... in general, at the moment the technology is not properly established. However, in the future this should be corrected

Cryptocurrency is faster but it is not cheaper. Normal middle class person cannot afford this business. It is said to be faster as compare to rest of others. Among all cryptocurrency Bitcoin is faster and have high rates. So we suggest you to invest your money in this currency.

It is quite true that Bitcoin is not as fast as some other cryptos in payments. But it is mainly due to the many transactions that goes on with it at the same time. Maybe with time, other cryptos will have greater attention.

I believe it

All that you have written here indicates that if bitcoin is not improved, it is unlikely that it will be widely used as a means of payment. It will be simply unprofitable. People will switch to using other, cheaper transactions and more convenient crypto currency.

definitely cryptocurrency is cheaper during ICO because once you buy it you will get chance to earn profit so fast . price will pump in just a short time still it always depends on the holders and the investor who bought the token . price of token depends on the community and the team itself if they really work hard on developing and marketing the project

I think that the price of transactions for bitcoin will be less. It helps to earn more. I think that in the future bitcoin can become the fastest and more cheapest! Transaction fee is one of the things that we need to improve in the first place.

Bitcoin is faster but not the cheapest.  I believe with time. Blockchain transactions will be the cheapest as compared to other means of transferring funds within users

reasonable bitcoin has a very high fee because bitcoin is a pioneer coin in the world of cryptocurreny. To minimize the huge fee of bitcoin, an alternative coin (altcoin) is created. If you make a small transaction then I suggest you use altcoin to minimize the large fee of bitcoin. But if you do a large amount of transactions then I suggest you keep using bitcoin

Crypto may not be cheaper but it faster than others. Its a business of rich people. Not everyone can't do business in Crypto market.

Bitcoin not reached it's maximum yet.It got higher price.Became the most expensive of them all. because it is the first Crypto currency.

If the transaction cost is cheap it will be helpful for more earnings. I am pretty sure crypto will be fastest and cheapest.

I believe that for your requirements, only Bitcoin cache is great. First of all, this coin with a very large capitalization takes the 3rd place and meets your requirements. Processing speed and cheap price for translation.

8mb blocks is going.

https://mobile.twitter.com/howelzy/status/1019950600514043904

Sure, there needs to be more work on parallel computing and optimization- but thats worth doing to keep all txs onchain- safest way we know for about 10years now.

Yes, people have big trust and believe in bitcoin and become more popular all over the world, even have high risk and transactions fees are higher than other coin they still choose to invest in bitcoin.

We have to have more time to develop Crypto so that it can be faster and cheaper like you said.
If you use Crypto to make transaction now you can see that it's not faster and cheaper but it safe. Your transaction if you fill right address it will surely be done although the time to do it may be slowly.
We can hope and look forward to it innovation in the future :)

If you are looking for a fast and cheap crypto currency then ethereum is one of them. It can not be denied again if many people already know that this ethereum has almost all the advantages in blockchain technology especially fast and cheap in transactions. We are also easier to ride blockchain ethereum if you want to make your own application so that ethereum is the right investment in the world of crypto currency.

Ripple is the right choice for the kind of cheap and fast crypto currency. This ripple includes a great choice for those who have high transaction hours because ripple has the advantage of being able to make large amounts of transactions in a short time, just a few minutes. In addition, ripple is quite stable when it happens hardfork so ripple is a crypto currency that is quite superior in terms of speed. Ripple is also quite cheap especially supported by the size of the block is large enough.

I do not think the comparison of bitcoin and IOTA is correct. The difference between Bitcoin and IOTA is so large that even the number of people who trust IOTA is very small.

I also believe that there are other cryptocurrencies better than bitcoin, ETH, XMR, STEEM, NEM, XRB per se . Since bitcoin is the first decentralized cryptocurrency, developers have seen its flaws, that’s why they were able to create other cryptocurrencies that offer faster and cheaper transaction and more significant utility. But despite these advantageous niches these altcoins serve, we still cannot deny the fact that bitcoin continues to be the most valuable cryptocurrency, probably because of its popularity and built ecosystem.  

Yes, it is quite possible that in the near future bitcoin can give up its alpha-currency position in the cryptomir, unless, of course, it improves its functions - cheaper transaction fee, faster translation and anonymity of information.

First of all the crypto market is still in very young stage and not many people know about bitcoin and other cryptocurrencies so adapting to this type of market and many are skeptical about the performance of cryptocurrencies in the real world before adapting to the use of these cryptocurrencies. And now about the price per transaction than back in December when load on bitcoin network was pretty high then the transaction fees was also pretty high which shouldn't be in an ideal currency so this problem should be solved first.

You yourself did not fully answer your question. Crypto currency is faster and cheaper even at the present moment. If we compare crypto currency and bank transfers, then the crypto currency is more than 10,000 times faster.

Bitcoin fees are high because of the low  supply which is 21 million in total.
Also because of greedy miners accepting only transactions with high fees.
Fees are getting higher especially when there are many transactions waiting to be confirmed.
Devs should find a solution for this problem.

I think potential alternative coins mentioned in the section will soon overtake bitcoin in terms of usable of service offer in transactions fees. Right now bitcoin have higher fee because of the limited supply.

Crypto is a digital currency that has no fixed price, which can be raised and also dropped at any point in time, so many people used the advantage to invest more, when the price is on a cheaper side.

I agree with you but not all people have any knowledge about cryptocurrency in all. First you need to study it is and you can invest in it.

To really make it faster and cheaper, you need to have a lot of knowledge and experience. Without these details nothing will happen. Yes, this is a very good way to make money, but so does everyone else, it requires work and time.

As you all should know that crypto is full of all the advantages that a developing country would need so no doubt crypto is very beneficial and helpful for the entire world, no doubt there are many bitcoin haters who called it a scam or a Ponzi scheme or a bubble that would burst soon but still there are more proportions of good people who live bitcoin for instance when Facebook banned the crypto ad on its page then it results in decrease its share by 5% so no doubt crypto is very beneficial for entire humanity.

Cryptocurrency is faster but it is not cheaper. Normal middle class person cannot afford this business. It is said to be faster as compare to rest of others. Among all cryptocurrency Bitcoin is faster and have high rates. So we suggest you to invest your money in this currency.

yes i think it is a Faster and Cheaper cryptocurrencies now a days market is affected by bitcoins in good way since now the developers are seeing the need of change now they are seeing how they are supposed to change according to market they have to reduce the fee and make it faster.....

From the analysis of the development trend of the whole industry, crypto will be faster and cheaper. Only in this way can encryption be used more widely. Bitcoin will lose more market share in the process of development, but the price may be higher.

Check it out nano

Right. Cryptos are competing so that people can choose which investment is the most appropriate. The BTC and ETH are the two major heavyweights in the virtual currency market, and it seems that Ethereum may be the only coin that could threaten Bitcoin's crown. There have been occasions in which the Ethereum market limit has pushed down Bitcoin's value, although this has never been so long. Ethereum has the advantage of being considered "more legitimate" by investors, with more transparency than regular Bitcoin.

Well is this very interesting topic around the market nowadays. People love to talk about this type of things. I really don't know how and why people like to think about this thing which is really very different and difficult things to happen. See people are love to buy cheap things which gives them a lot of benefits after some time. Now a days people love to invest in cryptocurrency for lots of reasons.
But many people think that cryptocurrency is faster and cheaper but we all know that it's not possible for many reasons.who are think that is currencies are cheap then they really have no idea about it. Need to study more about this place before passing any judgment about it. So this is not gonna happen soon in the short term we have to wait for a long time to see this type of opportunities in the far future.

Bitcoins can be transferred world wide within seconds by a simple click to any part of the world only thing which is required for sending and receiving bitcoins is that the sender and the receiver should have a wallet to store bitcoins. Bitcoins has brought a revolutionary change in the history of financial industry by sending funds all over the world inexpensively with short period of time. Bitcoins has brought a financial break through in the general market making it the most expensive commodity due to more demand for bitcoins in the crypto currency market.

Yeah crypto is faster to be rich and fater to be cheaper, when you buy some altcoin on higher price suddenly altcoin have drop and low price, you will be faster cheaper and loss your asset or your money. But when you are get lucky buy an altcoin with lower price and just few time your altcoin have higher price, faster you will be new rich person have take much profit with crypto.

Crypto faster and cheaper when its not popular.
When interest rise blockchain overloads and fees higher then on visa.
Its the fundamental problem of bitcoin, maybe LN will fix it

Well, bitcoin is used much more than other coins and that is the reason that its transaction fee is high and speed is a little less than others. But as soon as others coin will be used to an extent at which Bitcoin is being used, their fee will increase too. Ethereum is the best example of this.

Well, That's right. Bitcoin is now very demand in the internet. It is now legal in many countries like Philippines, Japan, China etc. This is the reason why fees are now getting higher. But, if the demand of it will try to decrease, i believe that it will also decrease. But, it is impossible to happen because as long as innovation exists, Bitcoin is getting famous in the market.

I guess you are right the transaction fee and bitcoin speed is not encourage it just too high and slow this is also a may reason why bitcoin price is going down because many people are deviating from bitcoin to other altcoins which there transaction fee is more low and faster i think it will really be nice if bitcoin can work on it transactions speed and fee.

I think there are many altcoins that can faster and cheaper in the fee and the speed of transaction but unfortunately, the price of that coin is not good to buy and sell or even for the payment system. bitcoin still using as the payment although the transaction sometimes is not faster and people don't have any problem with this. the altcoin still cannot beat bitcoin in many aspects especially if we compare with bitcoin price which is too expensive for the other coins.

The correct way to go forward would be to implement changes to bitcoin protocol that it can accomodate all the demand without growing transaction fees. You realize that high transaction fees are the effect of the blockchain not being able to accomodate for all the incoming transaction traffic, making it possible for miners to select and confirm only high fee transactions.

You mean altcoin, yes, the altcoins that invest in them will be cheaper than BTC, but many coins have extremely high growth rates, so focus on which coin selection is best to hold.

Faster and cheaper

https://news.bitcoin.com/electron-cash-wallet-now-available-for-basic-feature-phones/

Even if the transaction fees are higher as compared to other crypto coins but you can also gain more profit than other investments. While other altcoins will also give us profit. It is just up to you what to choose.

A lot of coins have gone beyond bitcoin technically but bitcoin still has 34.8% of the total market cap currently. It seems bitcoin is not going to die because of technical lack.
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Yep, Bitcoin became a trademark of the whole cryptocurrency market, so even though other project are far more advanced and offer faster and cheaper and more secure transatcions Bitcoin will still be the king for a long time.

true but bitcoin also has weaknesses such as being easily hacked and stolen by others and bitcoin also has a value that changes continuously

I think the best faster coin right now is nano and its have free fees.

When I buy its usually LTC it faster than any other at present I don't see the point in waiting for BTC,
Exchange for BTC or ETH at exchange then buy your next investment.

Bitcoin fee is higher than other coin indeed, but it is because the bitcoin value itself already high.
When bitcoin still less than $1, guess how much was the transaction fee ? so this is about the value of coin itself, if the coin expensive, so the fee.

There is no doubt that the new may have a pretty good techonology and indeed this factor is more likely to make ethereum be fast progress than bitcoin. In short, I completely believe that bitcoin somehow will never be replaced by any coins.

Yes, it's really cheap. Do not miss this opportunity. Most people who invested in crypto have made great progress. They have made rapid progress through crypto. These coins are much higher than the value. Then most of those who are investing get a huge profit. I think this is the best time to invest. Because if you make a living today, you can earn a big profit. It makes you profit.

Generally, crypto is really cheap and fast means of exchange. It’s obvious that bitcoin is not the fastest and the cheapest, and it has some issues to improve. But as bitcoin was the first, it represents real innovation decentralized system that can’t be compared to some insignificant features like different algorithms of sign generation, faster transactions, Turing completeness, or more anonymity that other altcoins offer. There are hundreds of altcoins, but none of them has come close enough to bitcoin in terms of price, usage, and reliability.

The few times I have exchanged Bitcoin I was shocked by the high transaction cost and the time it took to complete the transaction. I believe crypto is still in its infancy, maybe in the years to come transaction fees will be a lot cheaper and faster too.

I guess, due to segwit2x, the processing tranaaction of bitcoin has been solved in quite and on its high fees transaction was still the same as now.. In fact the cryptocurrency is gradually evolved by accepting bitcoin in some countries and some are making their own crypto to adopts the evolution of technology.

i think its not because of segwit . the real reason why bitcoin moves faster and cheaper these past days its because its value is also decreasing .


cryptos are still cryptos , they dont evolve because of bitcoin .



you dont need to create your own crypto just because you want to join or support the adoption of it . those who create thier own coin are meant for business purpose in order for them to earn a profit .

Well, a lot of forks and segwit happened but bitcoin still have high fees and slow transactions. I am hoping that in the near future it will be lessen and fix the down side of bitcoin.

In 2018, payments in bitcoins worth more than $1.3 trillion were processed., and this figure has surpassed such payment systems as PayPal and Discover. This suggests that bitcoin is rapidly gaining momentum and growing demand .

Yes, a person can remain in the world of fiat, but the crypto currency is developing and there is no need to lag behind the time to remain effective

yes some cryptocurrency are cheap and faster, this is the main reason i have the believe that someday cryptocurrency will the general accepted and used by many countries because today most companies now accept bitcoin even when it happen that the rate of bitcoin is very high and cost i know altcoin will play a row in this aspect.

The development of the crypto world feels so fast and many choices, could it be possible that someday cryptocurrency will shift the conventional payment system?

I am sure that every crypto will pass every phase to be better and right now, many coins can make a faster and cheaper transaction, and if you want to know, it is better to test one by one, so you can see which coins that have a fast and cheaper. Bitcoin still has a high fee, but I don't have a problem with that because I can still get a lot of money than the fee. The other coins like litecoin, ethereum, doge, waves, and even dgb are also fast and cheaper too, and it depends on what you want to do with those coins.

Its true, right now many coin have faster and cheaper transction than bitcoin. But many people still invest in bitcoin because bitcoin is leader in market and have biggest liquidity in cryptomarket.

Well where did you get those figures mate? And 2018 is not yet over, you know... so I doubt that paypal has disclosed the partial figures...

Bitcoin is more expensive than altcoin, this is related to mining costs which are also more expensive. However, bitcoin is more promising than altcoin, because the transaction value is higher and the turnover is faster.

It s the first and most believe to be the strongest. Some even have the opinion that bitcoin is up holding all cryptocurrencies, but that is a subjective opinion. Over all cryptocurrencies are much faster and cheaper.

The hot chase by these other cryptocurrency blockchain given to bitcoin  is the beauty of diversification and the power to choose. The latest among them is EOS which has the capacity of completing 1000 transaction /sec but presently doing  600 transaction per sec. The transaction charges are very low compare to the other ones. But bitcoin will not relax and wait till it loses all relevancy.Bitcoin project developers will continue to work to improve the scalability and the fees.

Back to the edge of the technical, the Bitcoin has unsupported in the problem to expand the problem. The progress of the performance bao gồm SegWit, Lightning Network và Atomic Multi-Path Payment through Lightning, and time is Bitcoin Core 0.16.0, has been resolved to the problem and transactions.Gần đây, Bitcoin has held the calendar out of the Bitcoin Core 0.16.0, with a new feature, fully supported for Seguin. The transactions of the Bitcoin transaction transactions, such as Coinbase and Bitfinex immediately settings starting started the SegWit. Do đó, the current transaction fee is better and faster than, create the event for the Bitcoin payment accounts with the low price value near the current time. At current time, near 40% all transactions Bitcoin used through SegWit.Ngoài SegWit, many transactions in use a new transaction - transaction by lot - to add the transaction transaction. This operation for the output of Bitcoin transactions to over the 75% by the output multiple outputs to a transaction only. Connection with a currency type of the 'digital' currency 300 times, the future of the future Bitcoin is pretty bright. The new engineering for the transactions for the transactions for the Bitcoin transactions, making more chances and the tasks will work for it date as better. The last date, major accounts are major as the day of the Bitcoin transaction. This is the important suffix may be the given value of Bitcoin to the new high in the future.

Cheaper and faster have by cryptocurrency is why many investor like for making investment at cryptocurrency. we can get much profit by faster time and with cheaper some altcoin we can take higher profitable.

The crypto market is still young, although bitcoin trades at the highest fees and at a slow pace, which doesn't affect its status in the crypto world right now. I think as the market develops, there will be a coin to replace bitcoin in the future.

Cryptocurrency is really much cheaper conventional money. But to choose from this variety is really very difficult. Now there are a lot of coins that tend to become better than bitcoin. But bitcoin does not stand still, and continues to improve. So I'm still for bitcoins.

Bitcoin now really can not be called the cheapest coin, but it is struggling with its shortcomings. This is the most important thing. Therefore, we should wait a bit and continue to concentrate our investments in bitcoin.

The fate of Bitcoin will depend on how quickly and efficiently it will improve and be competitive compared to new promising coins. I still do not see the proper activity in this. The lightning network is unlikely to solve the problem of scaling Bitcoin. Therefore, it seems to me that Bitcoin will soon begin serious problems.

I believe the crypto is still in its infancy, maybe in the coming years the transaction fee will be cheaper and much faster. This shows that bitcoin is rapidly increasing momentum and increasing demand. I'm sure all passwords will pass every stage to better and right now, more money can make transactions faster and cheaper, and if you want to know, it's better to check one by one. So you can see what money is quicker and cheaper. Other currencies like litecoin, ethereum, doge, waves, and even dgb are also faster and cheaper, and it depends on what you want to do with the coins. But many people still invest in bitcoin because bitcoin is the market leader and has the largest liquidity in the electronic money market. The latest of these is that EOS is capable of completing 1000 transactions per second but is currently performing 600 transactions per second. But bitcoin will not relax and wait until it takes all the related project developers

It's true altcoins is faster and get cheaper now some of coins getting lose of funds.Because their price can't get enough profit to invest for their coin.

I think that in the coming years all the problems that Bitcoin had and which did not give him the opportunity to become fast as VISA or Mastercard would be solved.

I understand that in Bitcoin transactions are more expensive. But Bitcoin is more reliable than any other cryptocurrency. Isn't that important to you?

everyone has a different trading style. if you want to trade safely, you can choose bitcoin. but trading on a prospective token, will get greater results, but also has a big risk, i think price is expensive or cheap depending on percentage of increase experienced

I agree with you. Choosing bitcoin for trading can give us a profit although it will depend on how much money you use you have a chance to grow your money when you've got profit. But there is another coin that is faster and cheaper for the transaction, but still, bitcoin is the biggest reason for every people to choose the coin because they can get a lot of money from bitcoin.

Bitcoin expenses are higher than some other coin. This is because of an absence of versatility and along these lines high mining charges, which additionally impacts exchange speeds. Ethereum and LiteCoin have much lower charges and send considerably quicker.

Other coins are doing their best to compete with bitcoin.Its good as we see how far we can go with blockchain technology. Though Bitcoin will still be the king of cryptocurrencies

In bitcoin and crypto most popular coin is bitcoin and the fee which will charge for bitcoin transaction are more than any other coin so from this i can say that this is because of the faster transaction in the crypto world and it is not cheaper.

https://www.cashpay.solutions

Yes, I agree with you, the advantage of Cryptocurrency can be seen from the speed of transaction and the very low cost of withdrawal. And the most interesting thing is that Crypto is able to make a lot of profits very quickly. So Crypto has succeeded in making the World economy more independent and efficient.

as we know crypto is a decentralized platfrom, and it have the fast speed and high security in all transaction, so i think bitcoin and cryptocurrency is the most faster and cheaper platform than other platfrom to transfer some money and make transaction

Crypto has many items, bitcoin is one of it with high fee, the other can be cheaper . IT depend on how much people use them. the more people use it, the higher fee it costs. for example , bitcoin and eth are high fee

The entire crypto world is growing gradually as the people become more familiar with the concept of crypto each time. More and more projects are being developed with new technologies integrated into the Blockchain. This is bringing more life and amazing features to some coins on the market. The future of crypto is obviously bright and will certainly meet the mainstream adoption.

When there's a congested network for ethereum fees are increasing too. And this is also applicable for other networks like Litecoin's and other potential blockchain's that will be congested if something goes on hype for those coins. Isn't that great? everyone is free to use what type of payment they want but I'd rather go with the most popular payment method and that is bitcoin.
Right now fees are incredibly low and acceptable.

Crypto now runs faster because its all cheap that makes buyers interesed for a cheap price of all coins now tohold for the coming pump of cryptos.To give hope future to every one.

I think faster for me personally was true but I don't think it's cheaper than other coins because we cannot even guess the price so, and also I think bitcoin was the best in crypto world.

Bitcoin is popular but transaction fees are high. At present, there are many good cryptos, it's transaction fee is low and transaction speed is very fast. So, the bitcoin's market is being shared. I think bitcoin should improve technology and reduce transaction fees to improve the number of investors.

There are many coins which have faster speed and lower fees than bitcoin indeed. But i think we need liquidity and volumes.
A new coin usually faster and cheap, but the volume still low. That's why peoples prefer to use existing coins with a big volumes like btc, eth, xrp, etc.

It's completely faster than bank transfer systems, and that's why there are more than $ 10 billion in daily transactions in the Cryptocurrency market. This is a potential and a sign of strong growth in the future. If a Cryptocurrency bank is expanding around the world, banks are sure to collapse now!

Indeed, Crypto has a higher advantage, but there are still many who have not received it, or maybe not many know about it. So in the next few years crypto will grow more and more communities will join.

yes I agree with you, crypto is a faster and cheaper transaction fee
I think fiat will no longer be used in the next few years and crypto will master every payment transaction.

I still choose bitcoin as a transaction fee and I have done it all over, probably because I am used to using bitcoin for a long time so trusting and sure about other things will surely pass and will completely ignore where to go in exchange.

You right, because the network will get more crowded, of course more longer confirmation process will occur, if you use a cheap fee. but crypto isn't just Bitcoin and Ethereum right? so to avoid the expensive fees, I always use others altcoin for transactions like doge. which is very cheap and the transaction is quite fast..

yeah, every coin have their advantages itself. and every new coin release, they will use the old as example than develop by their ways and in any field.
sometimes people complain about some coin for small deal. you can solve your problem like if you want to transfer, just exchange to coin that have low cost and you must calculation the different between two coin. its simple

yeah indeed crypto are faster and cheaper than FIAT when doing p2p transaction, it would cost just a little fee for very quick transaction for you if want to doing transaction with people in the alongside of the world

Just wait till lightning networks arrive! For sure, transaction fees will lessen and the transaction is too fast. As of now, there are no cryptocurrencies I have know that has free and fast transaction. In fact, bitcoin and ethereum are the only cryptocurrencies I admire in terms of transaction, why? Because I already made different transactions using only this.

Exactly what you disclose, until now crypto provides the facility, fast and cheap. After you prove it you will continue to use it and forget about fiat. Crypto is an extraordinary and beneficial invention.

Crypto is faster and cheaper? Of course, bitcoin does not just take up a large part of the crypto(over 50%), it's faster and more secure, it also has the added security of blockchain technology in bitcoin.

Most of the cryptocurrencies are extremely fast. Some of them, for instance Ethereum, are a bit slower but still, they are faster than the traditional money. Additionally, the transactions of the crypto do not cost much.

It is true that bitcoin has transaction fees and transaction speed higher compared to other cryptocurrencies out there but we must not forget that bitcoin was the first cryptocurrency ever created which makes its capability in terms of security and reliability to be very much proven for about a decade already which other coins are going to be achieved first to become more reliable to overthrow bitcoin

The future of crypto is really bright and enchanting. However, the world of Fiat is clearer and more familiar to many people, especially the elderly or poorly educated. Therefore, we will not leave Fiat until 2-3 generations of people of a new type are born.

Cryptocurrency is faster but it is not cheaper. Normal middle class person cannot afford this business. It is said to be faster as compare to rest of others. Among all cryptocurrency Bitcoin is faster and have high rates. So we suggest you to invest your money in this currency.

I think that the buyers would probably choose this kind of price instead of waiting for it to either go DOWN(which is not what we HODLers, investors, and sellers want) or for the price to go UP(which is what the buyers do not want), so if I were to buy some BTC I'd probably say that now is the time on buying as much as you can, it went faster, but the price needs to go up somehow.

Some where crypto is faster and cheaper for transaction and making easy to use for every one. I think, it is the best way to buy and sell the any thing with different way of any altcoins.

I think that's because the bitcoin network is more difficult to maintain than the others, remember that the fee we pay in part is to keep the miners incentivized to continue maintaining the network, even the fee is at $1 at the fastest one right? it's also not a big deal if you're not trading.

Despite its highly secure transactions, cryptocurrencies is fast enough in speed at these rate of transaction. Bitcoin and cryptocurrencies may become faster and cheaper in the future. I think, fee for transactions must be lower than it is now.

ZEIT is Faster & Cheaper than all you mentioned, and it is Energy Efficient with an Ultra Low Inflation rate.  ;)


 8)

Crypto is indeed faster and more effective in transactions, this will be a solution for the future. There are still many who cannot accept this because many things cannot be understood by the wider community. But we still believe that crypto does have this advantage.

Crypto has its advantage but those people who are against of it only see the negative side of it. As time goes by crypto will be more popular because of its fast transaction  and maybe sooner it has cheaper transaction. Just believe on crypto.

Maybe not every cryptocurrency is more profitable to use than the national currency, but over time, when this area will be more developed, we will all use only the digital currency. There's no doubt about that.

I think that even at the stage of its development, the cryptocurrency is already winning national currencies. Therefore, it is necessary to continue to develop and maintain them, this is the new future of the financial world.

there are huge updates made for Bitcoin and co like the lightning network
With such updates the coin number one will always stay fast and cheap fees. But these updates need time but they are incoming !


regards

For transactions between people in different countries, Bitcoin will be a fast and cheap method.If you need to change the cryptocurrency to fiat, then it will take longer.

Yes your right, every coins has their own issue, so for me i will combine those coins that fits for me, like i made a trade in bitcoin, ethereum and bch, then covert in xrp and send to my wallet from exchange for more faster and cheaper, then convert it again to bch and withdraw to fiat, meaning if i do to stick to one crypto, the fees are high like in bitcoin to be send to my wallet and sometimes it takes too long, so ive learned to use those altcoins for me to make transactions more faster and cheaper.

Use BSV

I strongly agree with this statement because I myself experienced when sending money to buy something I used a local currency payment instrument and it made my transaction take a long time, so I tried to make transactions using cryptocurrency like Bitcoin, this transaction is very easy , fast and sure the security is very guaranteed.

indeed, the price of bitcoin with the price of other coin-coins is indeed a higher bitcoin price. especially getting bitcoin is not easy. so it takes a long time, and we must be able to get it. while other coin-coins are sometimes easy to get. because so far there were certainly many people who got it.

Yes indeed crypto are faster & cheaper. we are experienced its transaction speed and method of transferring coins very securely makes crypto faster and trustable platform to all. Cheaper means the transaction charges are very less and we just  need internet and secure key to do the transfer rather than Fiat currencies which is quite difficult and without intervention of banks we cannot do transaction.

yes , i agree with this , crypto is faster bcoz it is peer to peer there is no mediator in between and the transaction fees depends on the coin price ....when we come to see about the cheaper the bitcoin is not cheap but the crypto altcoins are cheaper and faster....

It can be said like that crypto money because the value of the currency is changed - changes every minute this happens very quickly without us knowing at all consumed by our daily activities. And the process is not as complicated as we imagine, of course there is guidance and info from surrounding friends who know this crypto money.

Bitcoin is basically all coins in terms of price and the effect is quite large on other coins on the market, especially cryptocurrency at this time.
"I suppose like a US dollar if he moves, almost all currencies in the world jump and also if all the money in the world falls too,"
so this story is almost the same as the digital currency Bitcoin, for that I hope to invest as much as possible where Bitcoin knows ... luck is in you.

Well, in the past there are a lot of users that is really amazed by these cheap transaction fees and really fast transaction time though this time, with a lot of users and transactions, it is not the same as the past. Instead of looking it as disadvantage though, take it as an advantage.

when the blockchain network is quiet or there are not many who make transactions, then all transactions will be quickly processed by the miners, but when the transaction traffic is crowded, then someone with the highest GAS will be the priority of the miner to be processed immediately

so, it's true, that when the transaction process is fast, then everyone who makes a transaction will install a normal or even sub-standard GAS, and whether they want it or not, the miner must do it, which is processing the existing transaction

Less people making an transaction so the speed of transaction will be fast and when it crowded with transaction the speed of transaction will getting slow. I think blockchain has more a cheap fees transaction then the bank fees for transaction. Better to use blockchain as it more cheap and transparent.

Crypto is faster but it has a tx fee. Bitcoin Tx fee is low but if you need to do many transactions, then this tx fee combine might be a good one . If we compare it with the cost of sending money from one place to another ( Country to Country), then the cost of bitcoin transfer is very less.
Even services like western union and Paypal charge too much and when it comes to digital currency, it is almost free of cost.

Someone will not be too concerned about speed, the obvious fact is crypto is cheaper compared to fiat. Other altcoins have cheap fees and transfer speeds because they have very far prices with bitcoin, just imagine if bitcoin has a price like xrp, maybe bitcoin would be much faster

Cryptocurrencies are far away to compete with speed, fee ratio and simplicity of transactions made by banks. I can say that they might be better in securlty issues. If we focuse on this issues, we may contribute to find solutions for these problems. All I want to say is there is a long way to be better than banking system.

I think BTC should reduce the block time and increase the tps but some tokens take it to the extreme, also PoW might not be the way to go in the future because of the energy consumption.

yes, I think most people see coins, of course, from the price. because they buy so certainly see the price. whether the price is friendly or not. but of all this time, other coin prices are more affordable than bitcoin. so most of what I see is that everyone chooses a coin that is rather light in price.

Bitcoin, which is gaining popularity, has already achieved a lot. But he's not perfect either. Over time, its existence revealed some problems of its use. But it is on the contrary good, there is something to work on. There are altcoins that are in some ways superior to bitcoin, but he's still number one.

YES! Crypto can make our lives easier also. With fast and hassle-free transactions, it's literally helping us out.

I got all the three coins that you mention and i can say it too that between the three coins , XRP is worth it in terms on fees and the transaction. Hope this will not change in the near future.

By using crypto as ecurrency for payment transaction, we got service more faster and cheaper, we can sent much money to other country if allowed using bitcoin with fasted and lower fee.

Yes! This is the reason probably why a lot of people are using Crypto now.
It's hassle-free and fees are low.

I am agree with you. If bitcoin can reduced the transaction fee and more faster on transaction, i think it will be good news for bitcoin holder. POW is good for bitcoin because its decentralized cryptocurrency and i think thats the reason people trust on bitcoin