Which Crypto Will Replace Bitcoin In Small Payments ? ETH, Ripple ?

[lolchina]

Digibyte xvg smartcash there are many coins that can do that even a meme coin aka doge.Its more about what coin will be accpeted as a small and fast payment method and so far ltc is the favorite as its being pushed in all ways and sides,charlie lee hosting on cnbc and steam accepting litecoin

[iram1011]

I think in top 10 coins according to mcap, XRP is best to be used as currency. It has massive supply which Ripple releases occasionally to dump the price. Thus, a bringing in a bit of inflation and thus, it best suits as a currency. Added to that transaction fees is quite low and tx speed is fast. But it won't replace Bitcoin as currency as Bitcoin is hardly being used as currency because of its in built deflation, it is more a store of value.

[CryptoRama]

the one who has better offers, fees, and other ideas and stuff that you can do with them...


but for now I bet on Ethereum, because of theirs tokens and other stuff that you can put/have on their blockchain, the downside is that ETH has consuption of the fee that is payed for transaction even tho it doesn't go trough... But even better than ETH is DGB, for now DGB is cheapest way to transfer even trough online exchanges, but you should consider for current time, in the future if DGB will increase in value maybe they'll have problems too...

ripple it's just pump and dump money like bitcoincash... But mainly ripple is used by some banks for eazy buying bitcoins? Don't know much sorry... I only know that ripple is next in pump n dump... like bitcoincash..

[hajimasan]

As we all know Bitcoin have very high price, therefore in small payments Bitcoin will be replaced with some crypto, but which one ? If we look in all cryptos - https://coinmarketcap.com/, it is very hard to say, which crypto will be most popular in next three to five years. May be ETH or Ripple ?   

Since there are lots of coins available that are much faster than any another slow coin which have better technology .
Here my first support for Digibyte coin , this is coin is really much faster ( Because I seen that it get confirmed in 3 minutes during transfer from one exchange to another exchange site ) .
After Digibyte my suggestion for better coin to make smaller payment is itself bitcoin cash, bitcoin gold , bitcoin diamond , here I am saying to forked coin Because I know that these are not much famouse coin Because these are no having simple Wallet like bitcoin have , so these are not in much use but in the incoming time people will use these coins much .
Next coin that I think is better for small transaction is Etherium and dash coin.

[vv181]

I think Ripple could have a potential to replace micro-transaction. The fact is a transaction on Ripple is extremely fast and cheap, the only thing it takes longer is if you send it from an exchange. Bitcoin is unsustainable for micro-transactions, but it doesn't mean Bitcoin cash is the great solution, there are many cryptocurrencies that can handle micro-transaction very good like Ripple.

[smartcashvietnam]

when smartcash run smartnode this month, it will potential for micro payment it will apply to commerce site when deploy integrated with  woocomerce plugin on Wordpress platform in near future.

[Nukleo]

I think that litecone is a worthy replacement for bitcoins, a stable and reliable coin.

[slaman29]

I don't know about Ripple, but maybe ETH. In my own experience, people already use LTC and Doge a lot for small payments - fast confirmation times as always and easy to use wallets, in fact you can even send 0 fees for them and they still go through. Even with online wallet fees, they're still very small. 1 or 2 Doge maybe? And something like 0.001 LTC (30 cents and only because LTC's gone up)?

I use waves also and I can see it becoming another solution, but problem is you don't see Ripple or Waves on many sites.

[ldah94]

Eth and ripple are coins that have a great project behind but they have a long way to go compared to bitcoin. if it is true that currently btc presents problems to carry out small transactions but maybe it is a problem that has a solution with its new update. at the moment it is not bad option either of the two alts have had big increases thanks to their new news.

[hroschi]

I think ETH has more chances of replacing BTC for those situations, unless BTC fees will be reduced.

[Tekunda]

Personally I think that an everyday  usable crypto/altcoin needs to meet some or even all of these criteria .  1. Widely distributed across the globe - if its in the hands of less than 10 000 or even 100 000 people it will never really be used widely.   2. Fast - if blockchain refresh takes more than a minute its almost unuseable - what shopowner is going to ask a customer to wait for 10 minutes while transaction is verified.       3. Very large distribution number and also FIXED number  - Has to be billions and not millions with no option to suddenly issue next billion - otherwise people will have to deal with buying a cup of coffee costing 0,0000234 of a coin - this is just not feasible as ppl need to equate values in understandable figures not in subdecimals.   4. useability -  it needs to be useable with barcode or even swipe card so can be accepted in more places. So the alt coin should have minimum webwallets, pc/mac wallets, merchant API's, even swipe cards/NFC's so the user isn't limited    5. Acceptability - If less than say 10 000 shops/retailers/restaurants  are not accepting then its also not really usable - this takes time so the number of places accepting has to be on clear transparent visible growth path and info where to use the coin should be readily available and updated daily - there should also be clear program in place by the organization to grow this number with clear targets etc.     6. Stability -  the price need to be relatively stable.....it can be with steady growth trend but not a zigzag as this causes something to cost x today and next day its 3x or x/3. ppl don't like that.    7. So blockchain really decentralised, highly transparent and ideally independent - really a peoples money .... so nobody can just increase the number suddenly and value crashes.    

So if You are looking at the coinmarketcap list then maybe only a handful of currencies fullfill some or any of the above criteria. Actually I doubt any do right now. So even Ether at 690$ may already be too expensive so a 5$ cup of coffee would cost 0,007 ether - its confusing.  

Also I guess the actual idea of an alternate currency is being lost due to number of ICO's - most people see altcoins just as funding mechanism and are not really interested to see them practically used to buy stuff.  I personally am a little saddened by this as I still believe we need an alternative to Fiat's.

Maybe I don't get how Stellar Lumens will eventually work, but if you want to pay $2.50 for a cup of coffee, you use their network and the dollar amount is transfered from your Stellar wallet within a second or so. If you want to send $20 to alibaba in China in order to pay for your new electronic toy, the money will be instantly converted into the local currency and the recipient gets his $20 worth in Chinese currency.
All this within a few seconds for less than one cent. This sounds like the perfect payment method, if you ask me.