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Author Topic: Crypto faster & cheaper?  (Read 2986 times)
DisWhale
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October 22, 2018, 12:55:47 AM
 #241

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.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 22, 2018, 01:25:13 AM
 #242

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.



 

 

 

 

 

 


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October 22, 2018, 02:09:39 AM
 #243

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.

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.
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October 23, 2018, 01:15:33 PM
 #244

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.
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October 23, 2018, 03:39:52 PM
 #245

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.

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October 24, 2018, 02:47:05 AM
 #246

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.

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.

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October 24, 2018, 02:54:57 AM
 #247

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!

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October 24, 2018, 04:02:58 AM
 #248

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.
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October 24, 2018, 04:19:21 AM
 #249

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.

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October 24, 2018, 04:35:47 AM
 #250

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 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.

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October 24, 2018, 04:50:07 AM
 #251

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
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..
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October 24, 2018, 05:28:04 AM
 #252

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

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October 24, 2018, 05:40:30 AM
 #253

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

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October 24, 2018, 05:40:41 AM
 #254

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.

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October 24, 2018, 05:54:47 AM
 #255

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.
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October 24, 2018, 05:59:37 AM
 #256

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.

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October 24, 2018, 10:01:05 AM
 #257

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.

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.

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.
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October 24, 2018, 10:19:09 AM
 #258

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
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October 24, 2018, 11:05:19 AM
 #259

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.

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.
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December 05, 2018, 10:33:26 AM
 #260

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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