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Author Topic: Crypto faster & cheaper?  (Read 2991 times)
dupee419
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December 05, 2018, 01:29:04 PM
 #261

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.
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December 05, 2018, 03:56:24 PM
 #262

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.

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December 05, 2018, 04:07:13 PM
 #263

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.
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December 05, 2018, 05:47:00 PM
 #264

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.

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December 05, 2018, 05:50:44 PM
 #265

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.

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


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December 05, 2018, 07:11:57 PM
 #266

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.
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December 05, 2018, 09:01:03 PM
 #267

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.
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December 05, 2018, 09:14:34 PM
 #268

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.

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December 05, 2018, 09:35:21 PM
 #269

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.

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felicita
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December 05, 2018, 09:37:52 PM
 #270

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 !


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Gary Levanevskii
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December 05, 2018, 10:08:54 PM
 #271

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.
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December 05, 2018, 10:45:30 PM
 #272

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.

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.
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January 04, 2019, 10:57:43 AM
 #273

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.

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.

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January 04, 2019, 12:35:50 PM
 #274

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.

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January 04, 2019, 12:47:50 PM
 #275

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.
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January 04, 2019, 01:14:46 PM
 #276

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.

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.

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January 04, 2019, 01:23:19 PM
 #277

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....
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January 04, 2019, 01:52:10 PM
 #278

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.
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January 04, 2019, 02:07:45 PM
 #279

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.
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January 04, 2019, 02:23:16 PM
 #280

YES! and i think it has less to none transaction fees. Smiley

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.

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