Rahman11
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March 05, 2018, 01:02:47 PM |
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I think yet to bitcoin is the number one crytocurrency that use for various payment way! now bitcoin used as other payment gateway like paypal payza. xmr ethereum and other like litcoin bitcoincash mentionable but is not too much popular for payment way yet by variously.
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Alone055
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March 05, 2018, 01:13:33 PM |
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Every single cryptocurrency in markets is being used by people in general. But, of course, no other cryptocurrency than Bitcoin has yet been practically used for payments if that is what you mean by "actual use of cryptocurrencies". BTC and ETH are top most used cryptocurrencies in the market right now. Their total market capitalization is the clear proof of that. After these two, starts the series of the other popular cryptocurrencies, like XMR, Dash, BCH etc.
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Yuchamee (OP)
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March 06, 2018, 02:26:42 AM |
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Is there any cryptocurrencies other than BTC and XMR that people are actually using?
Sure. The most popular currency for actual use is Ethereum. They had 704,590 transactions in the last 24 hours. Bitcoin only had 169,048 transactions. Bitcoin is going backwards in terms of adoption and use, but Ethereum is going from strength to strength. No. XMR is going to take that place in near future.
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Simon Eaton
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March 06, 2018, 02:31:01 AM |
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Well the binance coin BNB is being bought to lower fees for users of the exchange. Steemit coins are being paid to members of the social network for posting content. There are quite a few other cases as well but considering the amount of coins out there you'd expect more use cases. Really you don't need that many coins, in a few years they will all be whittled down to a handful
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batang_bitcoin
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March 06, 2018, 02:34:07 AM |
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Is there any cryptocurrencies other than BTC and XMR that people are actually using?
ETH and Litecoin are the next most common coin that are also being used by most people for trading and for purchasing. There are also online casino's that are only for BCH like satoshidice. I've heard that XMR is now the most common coin that is being used in black market.
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Rent this sig space so that BTC goes to $100k.
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Eros1on
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March 06, 2018, 02:40:05 AM |
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XMR, dash I think it's much better than LTC, which I don't think is worth anything, and of course any crypto currency can't be compared to BTC.
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Yuchamee (OP)
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March 06, 2018, 02:43:16 AM |
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Why wouldn't you include ETH? I really think that the second best coin are Ethereum and you didn't include it as a cryptocurrency that most people are using, But yes monero is in my portfolio otherwise this coin is good to invest with and I really think you can use a coin depends on the country you are at, And if that specific country accept and have a merchant that accept that certain Altcoins.
Yeah. I agree with that. But Most people are looking for a second option instead of ETH.
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Yuchamee (OP)
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March 06, 2018, 02:53:18 AM |
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XMR, dash I think it's much better than LTC, which I don't think is worth anything, and of course any crypto currency can't be compared to BTC.
What is the reason for that ?
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cluit
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March 06, 2018, 11:01:27 AM |
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Is there any cryptocurrencies other than BTC and XMR that people are actually using?
Ofcoarse there are other cryptocurrencies rather than just XMR and Bitcoin that people actually use. There is XRP that is used by many banks and financial institution to sold problems such as liquidity, scalability, transaction speed and transaction fees. There are also ETH and LTC that are used as platforms for developing new projects. Another cryptocurrency is golem GNT that has a use in real world. It helps sell people their computer power in exchange for money when not in use. There are quite many coins with real life applications other than just bitcoin and XMR.
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skorupi17
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March 06, 2018, 11:14:38 AM |
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Is there any cryptocurrencies other than BTC and XMR that people are actually using?
You may be surprised, but I dont even know what is XMR and actually dont want to know. People use BTC and ETH the most. Coinmarketcap clearly shows it The ranking in coinmarketcap does not prove anything. If you think that being in the top spot means that they are widely used then think again. The ranking in CMC is just based from the total market capitalization of a coin or a token, a mere multiplication of supply and current price. With that said, it won't prove anything.
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fiomcorka
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March 06, 2018, 11:45:56 AM |
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SO, they take much time to come to the real world market
Not really, if the project is good with great team working on it and having real life applications of connecting daily life with digital asset, the partnerships come along and these partnerships help even further the development and enhance the blockchain technology that lies within them. Best example of this is XRP, its use for the banks and financial institution saves great time and money which has made if one of the great crypto of all times with number of successful partnerships with number of institutions.
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noictib
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March 06, 2018, 12:11:21 PM |
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Is there any cryptocurrencies other than BTC and XMR that people are actually using?
Ofcourse yes , in this field every coin has its own quality and all the coins have Thier own essential value at Thier place . Here the most best coins that people are using are etherium , dash , digibyte coin , ATC ( but I can't say for current time ) , ripple ( in banking sector coin ) , bitcoin cash and bitcoin gold also ( people using for the Fiat trading with these coins ) . And also there are many coins available which are using by people in Thier own ways , like here we can consider neo coin also which is better coin by technology like etherium . In the most of the new ICOs there is option to pay with neo coin also ( e.g KYC.legal ) .
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brickafterbrickwalldpt
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March 06, 2018, 12:26:38 PM |
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Yes, there are many cryptocurrencies that aim is not only to be used as a payment but also for different things such as smartcontracts, dapps, token creation etc. These things you can find in Ethereum which is great for these things because it was designed for them. Ethereum won't become a currency because it is slow when a lot of people are using it (the same things goes for Bitcoin but it is slowly getting better and better).
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Bitcotalk
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March 06, 2018, 12:40:10 PM |
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Yes, there are still a lot of altcoins that are used in real life, but this ratio is still very small. There is no single token that can be used worldwide, because the current blockchain is in the development stage.
I agree to the statement that there in still not a single token or coin that is being used by people all over the world. Though bitcoin has become very popular past 2 years and has increase quite a bit, is is still not even close to mass adoption. Still many people in the world don’t even know what bitcoin is and what technology it works on and its advantages. As the word spreads in the near future, people will come to know about it in the whole world and that time will be a new revolution that shall change the current banking and payment system present in the world.
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markusinvest
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March 06, 2018, 12:54:59 PM |
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most famous ETH, LTC, BTC
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ciciteng
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March 06, 2018, 01:33:34 PM |
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Like it or not, yes, there are other crypto currency currently used and adopted by another groups. Of course, these coins are bit different one and another. Some trying to overcomes the Bitcoin problem such as scalability, anonymity, etc. But, still, Bitcoin is a flagship that will be here for a very long time.
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Ewinsane
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March 07, 2018, 04:54:54 AM |
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SO, they take much time to come to the real world market
Technically, they're already in the real world market as you can already freely trade those coins/tokens right now. What will most likely take time is the adoption, as most if not all the cryptocurrencies right now are still in the early alpha or beta stage like I said on my previous reply. Yes, people can freely trade the coins and tokens but that doesn’t mean they are being used to solve the real world problems. There is difference between trading of assets and use of asset to connect daily life problems or work with digital experience. I agree to the fact that most of the coins are still in the early stage of development and adoption of the coins will take time and it will also take time for people to understand the underlying blockchain technology and of what use it it. People currently are just seeing them as an asset to invest in without knowing of what use they really are.
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