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Author Topic: what are the advantages of altcoin ?  (Read 2714 times)
hachiman13
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May 15, 2018, 09:28:43 AM
 #41

Altcoins actually have traits that bitcoin might not have. With that, people will speculate how that certain altcoin is valued in the future. So it basically give people a chance to be at the foundation or be a pioneer of something like what happend to bitcoin.
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May 15, 2018, 09:36:01 AM
 #42

When people say altcoin it is nit a BTC that for me it is a form of coin which ICO/companies make or one team that create something like my signature who protects sensitive information (also if you are curious on what I am saying and you can understand more about the whole topic click my signature under this post) they need money or people to buy there altcoin which if you bought there DIW token you can earn more by making the coin worth a triple and more and that my friend is an advantage of the altcoin and the ICO of DIW. 
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May 15, 2018, 09:51:29 AM
 #43

The altcoin appears after the bitcoin. They are the successor of modern blockchain technology and increasingly improved. The future of the altcoin will be smarter, more developed and trusted by many investors. The altcoin appears high security, modern conditions facilitate the market cryptocurrency increasingly develop in the best direction.

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May 15, 2018, 10:21:27 AM
 #44

The advantage of altcoin is can be alternate to send our asset for a low fee, we know if we sent btc must pay a fee that is so expensive. With altcoin we can reduce the fee for sending our coin. Also, we can trade with altcoin to get more bitcoin.

The advantage of Altcoin can give good profit to those who have their Altcoin and can help our needs especially the bounty can give profit to us.
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May 15, 2018, 10:23:42 AM
 #45

The advantages of altcoins are that investors like them, so they can give large percentages of profits that can be withdrawn and spent.
Renu kapoor
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May 15, 2018, 02:14:38 PM
 #46

There are so many advantages of altcoin some people earn for their pocket and some who more can invest in coins some time there is nothing to do but still earning is there like signature airdrops so altcoin can give you some thing.

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May 15, 2018, 02:21:45 PM
 #47

Altcoin's one advantage in my opinion is it is actually good for short term investments. It is not ideal for long terms investments such in bitcoin because its values don't go up easily. If value drops then there's no turning back. If you are good enough to research about altcoin's values' activity, then I think you can invest just fine.
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May 15, 2018, 02:25:15 PM
 #48

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
I think it has a lot of benifits but the most advantage of this is that is it goodto invest and gain at the same time and i hope alot of people will have a nice life.
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May 16, 2018, 05:35:54 AM
 #49

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
The advantages of altcoins is that everyone has his own uniqueness and solves different problems in the world
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May 16, 2018, 05:53:15 AM
 #50

Altcoins step by step promote the process of decentralization, become a kind of research base for bold experiments to create unique cryptocurrencies with properties not available until recently, and also create a worthy competition for bitcoin, stimulating its development.
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May 16, 2018, 06:34:14 AM
 #51

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

many of the benefits of altcoin I can benefit and I can meet my needs and with the many people who join in altcoin and many people who earn regular benefits let alone invest in altcoin that promises you will get a lot of profits but still many countries that have not received the eye crypto money
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May 16, 2018, 07:03:30 AM
 #52

Yes altcoin is giving ability to use individual currency inside the platform or ecosystem but here apart from excahnge coins and lending coins there is very less number of coins really being used in ecosystem . Out of all coins in market most of the platform still not utilising their own currency .
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May 16, 2018, 07:05:51 AM
 #53

There is a advantage as well as disadvantage . Advantage as you said they can use their own currency for providing services but disadvantage still most of the altcoins are working based on speculation or its still using as speculative currency most of the greedy people using this as a pump and dump coin.

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May 16, 2018, 07:09:30 AM
 #54

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, those are like the extra effects of cryptocurrency. The real effects of cryptocurrency are the ones that are brought by the technologies they are promoting. The advantages really of having crypto is that you do not have to get through the middle parties every time you do some financial transaction. That is not something we can do with our fiat money.

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May 16, 2018, 07:18:27 AM
 #55

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
The altcoins has a lots of advantages compare to the bitcoin, eth, dogecoin, litecoin and any other main digital currency because of its value that continue to increase. It has also a lower transanction fees compare to the bitcoin. The altcoins are easy to earn and easy to sell. Altcoins are now more profitable than the bitcoin these days.
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May 16, 2018, 07:19:33 AM
 #56

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

You are right that altcoin does have many advantages. Among them altcoin into investment media that promises benefits for investors. In addition, altcoin becomes a wetland for traders and prize hunters to get lots of coins that can be converted to fiat. So for some people to become a new business land that might be able to change his lifestyle.
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May 16, 2018, 07:20:13 AM
 #57

Altcoin's one advantage in my opinion is it is actually good for short term investments. It is not ideal for long terms investments such in bitcoin because its values don't go up easily. If value drops then there's no turning back. If you are good enough to research about altcoin's values' activity, then I think you can invest just fine.
I partially agree with you. This is one of the biggest advantages that altcoins possess over Bitcoin, but some altcoins are great long term investments too. Just take Ethereum and Ripple for example. They have come a long way since they were initially launched and have skyrocketed in value over time making them great long term investments just like Bitcoin. I know several people who profited in a big way by HODLING these coins for the long term. At the moment, I firmly believe that Stellar Lumens and EOS have huge long term potential which is why I am HODLING them for the long term.

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May 16, 2018, 07:25:26 AM
 #58

The benefits from altcoin is we have another alternative to investing our money in cryptomarket. Sometimes, altcoin have good profits potential more than bitcoin in percentage. Many good altcoin that we can investing and have great potential in the future
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May 16, 2018, 07:34:00 AM
 #59

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
Altcoin have a lot of advantages and probably one of the biggest advantages is the high speed of transactions and low transaction fees. You can also trade altcoins and get good profit from the trade. I think in the future, Altcoins have a chance to push the Bitcoin out of the first place on the crypto market.

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May 16, 2018, 08:33:56 AM
 #60

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

Many traits and features of altcoins doesn't exist on bitcoin. so, altcoin is the alternate coin for invest beside bitcoin.
bitcoin supply is very limited. With the existence of altcoins, you can increased your investments capacity.

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