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Author Topic: what are the advantages of altcoin ?  (Read 2709 times)
kaventt5
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September 25, 2018, 09:27:11 AM
 #301

Most of the altcoins differ from Bitcoin in a few minor features like mining algorithms or a level of anonymity. Fortunately, there are other altcoins which undergo important changes. They present a new product with a potentially wider application area. These altcoins move the process of decentralization ahead and adequately compete with Bitcoin, stimulating its development. The actual advantages of those altcoins are, primarily, quicker payments and lower fees.
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September 25, 2018, 11:48:50 AM
 #302

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
Altcoins are usually built on the more advanced technologies than Bitcoin, so they provide cheaper and faster transactions, extending the usage area. For traders, investing in altcoins is a good way to get a good profit, especially in case of the low coin capitalization.

For me I think the advantage of the altcoin is that youe money can grow in a short period of time, and if you invest in the long term, there is more bigger chances that your money will grow into huge amount but it takes a lot of patience and risk involved.
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September 25, 2018, 12:03:40 PM
 #303

altcoin is very useful because it can save costs if you want to send a small amount of bitcoin, altcoin also makes people like new technologies other than bitcoin
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September 25, 2018, 12:47:23 PM
 #304

There are many advantages of alt coins such that they are easily accessible,highly secured and the alt coins have fast transactions.The best part which I particularly like the most is that there is no third party involved.
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September 26, 2018, 11:24:49 AM
 #305

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

There are lots but one of the major ones I have seen so far in comparison to bitcoin is the fact that altcoins do not have the same supply issue that bitcoin has. There is always a better supply of coins with altcoins and they are way cheaper and with a much higher potential for return on investment. They also help to introduce new and improved technology into the market.

 
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BruceJu
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September 26, 2018, 11:29:07 AM
 #306

I think this reason seems to be stubborn and naive. If this is also a reason, then everything has advantages, isn't it?
The biggest advantage of Altcoin is that it is stimulating, it can make people rich, or it can become nothing. Second, the crypto world needs to have Altcoin with different functions.

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September 26, 2018, 06:35:04 PM
 #307

I like the fact that altcoins are individualized. Now that's exactly what the world is missing. In addition, a huge plus is the possibility of large earnings in the shortest possible time. I think because of this altcoins have gained their popularity
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September 26, 2018, 06:46:52 PM
 #308

I like the fact that altcoins are individualized. Now that's exactly what the world is missing. In addition, a huge plus is the possibility of large earnings in the shortest possible time. I think because of this altcoins have gained their popularity
If we talk about earnings, then the business of crypto currency has recently become very poor. If in 2016 there was an opportunity to earn good money, then in 2018 this opportunity fell almost 10 times.

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September 26, 2018, 06:51:20 PM
 #309

Altcoins is the second sophisticated face for bitcoin or like sons & daughters . first advantages for altcoin is providing alternative gateway of payment as well as smart contract (eth) ..etc ,Secondly making daily profit for traders & investors ,third advantages of altcoins is a free unique platform to invent new technologies or new way to build anonymous blochchain in different forms .
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September 26, 2018, 07:09:22 PM
 #310

I believe that the altcoins is that they are cheap and grow fast. I believe that it is possible to get more profit from altcoins.
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September 26, 2018, 09:59:48 PM
 #311

Altcoins grow in price faster and stronger than Bitcoin, but they also fall faster and stronger. There are good and promising altcoins that are worth investing in in the long term, but most of them I would use for trading.

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September 26, 2018, 11:15:50 PM
 #312

every altcoin has a power to increase and make a name in cryptoworld. this new area give the chance for altcoins and their companies to increase.
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September 26, 2018, 11:33:04 PM
 #313

Honestly, because this market is very new. So altcoins are used mostly for trading. Every project has its own tokens, and every tokens using for specific purposes, some as shares, somes for buy/sell, etc

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September 27, 2018, 02:11:30 AM
 #314

The advantage of altcoin,

*It is cheaper than other coins
*More profitable and higher potential in investment
*Also it grow faster than bitcoin
*I can see the future with this coin
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September 27, 2018, 02:54:10 AM
 #315

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
Altcoins are usually built on the more advanced technologies than Bitcoin, so they provide cheaper and faster transactions, extending the usage area. For traders, investing in altcoins is a good way to get a good profit, especially in case of the low coin capitalization.

For me I think the advantage of the altcoin is that youe money can grow in a short period of time, and if you invest in the long term, there is more bigger chances that your money will grow into huge amount but it takes a lot of patience and risk involved.
the advantage that is capable of Altcoin is when the State coins developed and progress.
 these circumstances are able to generate returns far greater than Altcoin.

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September 27, 2018, 01:30:22 PM
 #316

There are lots of advantages, it means new and promising projects, altcoins gives us the opportunity to buy coins for cheap prices and make a lot of money from them in the end. With altcoins you have a higher chance of making more return on investment and with altcoins we never have to worry about a supply issue like we have to do with bitcoin.
Thats right, changing the price of altcoin is sometimes very extreme and it's not owned by the bitcoin market, you're right that you can make huge profits in the face of buying cheap prices and then the price of coins rises thousands of percent in a short time, that's unique from the altcoin market
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September 27, 2018, 01:35:27 PM
 #317

With altcoin, I have a higher chance of generating return on investment and with altcoins we don't have to worry about supply problems like we have to do with bitcoin .altcoin gives us the opportunity to buy coins at low prices and make lots of money in the end.
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September 27, 2018, 01:38:34 PM
 #318

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin


well, if you don't have other knowledge besides being a bounty hunter of course you are very confused because your rank is becoming a newbie again now. this is why you have to look for knowledge and experience especially about blockchain and trade. yes, there are many choices that can come from altcoins such as trading.
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September 27, 2018, 01:53:20 PM
 #319

Altcoin has a good function, altcoins have a speed in transactions and can also be a place to store value and provide benefits. But to get profit, you must have a strategy to make it happen.

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September 27, 2018, 02:07:04 PM
 #320

Altcoin have many benefits they have improved blockchain technology and  they have lesser transaction cost because of fast speed. Thirdly they can prove vital in daily transaction because they are with in reach of many people and last you can make good profit on them

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