PIMPdev
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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August 01, 2018, 09:01:12 PM |
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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.
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. |
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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stayeduptolate
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August 03, 2018, 07:10:25 AM |
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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.
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. |
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Hundian
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August 04, 2018, 07:11:05 AM |
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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.
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ACTION JACKSON
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August 04, 2018, 07:37:13 AM |
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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.....
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viyumztf
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August 04, 2018, 07:42:22 AM |
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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.
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Raphagalthena2
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August 04, 2018, 07:45:52 AM |
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Check it out nano
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klgeroghei
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August 04, 2018, 07:48:01 AM |
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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.
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Rony24h7
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August 04, 2018, 06:39:35 PM |
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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.
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Fretcy
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August 04, 2018, 06:57:00 PM |
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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.
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OnceTwiceThird
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August 05, 2018, 05:49:15 AM |
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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.
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Sevarchik
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August 05, 2018, 06:07:28 AM |
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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
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Vineeta2oct
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August 05, 2018, 06:20:24 AM |
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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.
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nibbknot
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The Future Of Work
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August 05, 2018, 06:28:42 AM |
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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. |
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muhammedb
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August 05, 2018, 09:47:40 AM |
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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.
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. |
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nisya
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August 07, 2018, 07:27:29 AM |
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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.
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Pan Troglodytes
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August 07, 2018, 09:40:30 AM |
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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. 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. |
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777Jolami
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August 07, 2018, 09:44:47 AM |
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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.
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hv_
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Clean Code and Scale
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August 09, 2018, 08:56:14 AM |
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Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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Bumblecoin
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August 09, 2018, 09:01:33 AM |
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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.
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. |
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Airbuxf
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August 09, 2018, 09:07:22 AM |
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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.
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