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Author Topic: Advantages of altcoins ?  (Read 2639 times)
bitcad4u
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June 01, 2018, 11:05:20 PM
 #41

If you are a small trader,you can buy huge amount of altcoin as compared to bitcoin.Secondly ,you will get double or triple of invested money.The people who had brought ETH at 400$ in past and sell at 800$.Will get double of invested money.If you brought,bitcoin or altcion fully.For example 1ETH,you will get entire.
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June 01, 2018, 11:12:04 PM
 #42

What advantages do altcoins have that differs it from bitcoin ?
Up to which I need, bitcoin is fulfilling all of them. bitcoin is working better for me in my online transactions and is giving satisfaction to the businesses holders who need to use a cryptocurrency. They need a cryptocoin and they add bitcoin to that.
But still there is another benefit to bitcoin from altcoin and that is the owners of altcoin are spending a lot of money on advertising their coins and businesses and they promote them on all of the social media and due to that many people who are not aware from bitcoin know about blockchain and they start to search about that and they also then learn about bitcoin.
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June 01, 2018, 11:24:22 PM
 #43

What came from bitcoin, goes to altcoins. There are some altcoins that are trying to improve on what is lack with bitcoin but I can't see any of it.

Before there was when bitcoin was on having a spam attack to the network that cause large transfer fees so other altcoins dominated on that area by having a cheaper fee.

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jameshowlett
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June 01, 2018, 11:24:59 PM
Last edit: June 02, 2018, 03:03:07 AM by jameshowlett
 #44

There are many altcoins on the internet and each of them has different advantages. All advantages do help people a lot. Ethereum provides people smart contract which can create a reliable contract between people and people. It can be used a lot in the future but right now, they can only add it in ICO. Litecoin has the super fast blockchain which is called lightning network. It is super fast while the fee is still comfortable. And in the conclusion, you have to know that they have 1 same advantage which people like a lot: profitable. Investing your money in altcoins can give you a great amount of money after months.

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June 01, 2018, 11:26:48 PM
 #45

There are plenty of advantages and disadvantages. well, firstly altcoins have team of developers elaborating better ways to speed transactions with lower fees, just compare BTC and ETH, ethereum is far faster and you don't have to pay too much to transfer money
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June 01, 2018, 11:29:19 PM
 #46

What advantages do altcoins have that differs it from bitcoin ?

Altcoins have a lot of advantages over Bitcoin. The fact that altcoins were born after Bitcoin was an advantage when altcoins overcame many of Bitcoin's existing disadvantages such as slower transaction speeds and no smart contract that made the transaction fee very high. Altcoins on the market use the technology of ETH to create a vast network and have a close connection with each other.

HadadC
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June 01, 2018, 11:30:23 PM
 #47

They have different advantages.How can we write their all advantages here.Research their purpose carefully , learn.They have good advantages.

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June 01, 2018, 11:30:37 PM
 #48

I can see one major advantage of an altcoin from Bitcoin. Except from being cheap and faster in transaction than Bitcoin, altcoin can pump up to 500% - 800%. If youre lucky to be riding the pump and dump situation. It's like an instant profit, but a risky move.

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June 01, 2018, 11:56:04 PM
 #49

The thing about altcoins is that they help to cover up whatever gaps that bitcoin leaves in the market. If there is a sector or a service that bitcoin cannot be used for then you can be sure that there is an altcoin out there that can do exactly that for you
Yeah also when you looking for an investment that gains you bigger potential in the future , the answer is an altcoin. It's more innovative besides so risky. The fee much more cheap sometimes and the transaction not cost time as much as what Bitcoin has lately , it's sucks when there's no alternative .

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June 02, 2018, 12:12:06 AM
 #50

What advantages do altcoins have that differs it from bitcoin ?
It depends a lot on the specific Altcoin as many of them exist only as the leftovers of pump-and-dump schemes intended to make their creators rich. Amway, we all know Bitcoin has a transaction time of over ten minutes on average. And this can take several hours in cases thanks to its very low block size. Altcoins like Dash and Ripple have successfully overcome this problem and has a clear advantage over Bitcoin at this point. Also mining of Bitcoin is much expensive and difficult requires data center for it while Altcoin like ripple can be mined using a mobile phone.
I agree. One thing is that Altcoins are way cheaper compared to Bitcoin. We can even make millions with Altcoin investment because we buy them cheap and if ever it has potential to grow then that is the time for a good harvest of profit which Bitcoin can't because of it's expensive price. Lastly, Altcoins has some improvements and upgrades just like those that came from Bitcoin platform and even another platforms.

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June 02, 2018, 12:19:18 AM
 #51

bitcoin and altcoin are of course very different altcoin is an abbreviation of alternative bitcoin where altcoin is expected to replace or repair at least one component of Bitcoin. altcoins have an important role. Decentralization is one of the most prominent Bitcoin goals, and altcoins further decentralize cryptocurrency. Altcoins gives Bitcoin a healthy competition. Altcoins provides alternative option cryptocurrency users and Bitcoin developers to stay active and keep innovating.
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June 02, 2018, 12:28:22 AM
 #52

The price is cheap, the development potential is bigger. This is my opinion.
sunita01
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June 02, 2018, 12:44:02 AM
 #53

There are different ways in altcoins, which can be made to make more profits by investing. The biggest advantages is that their bitcoin reduces the value, which can easily be bought and sold on more profits.
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June 02, 2018, 01:04:07 AM
 #54

You dont have to wait for more than year , -all the time. You can make a profit x3 , x5 in couple days even in hours.

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June 02, 2018, 01:32:22 AM
 #55

Dear everyone,
The Altcoin have some advantages and disavantages with BTC, ETH. Like MTC, CMT, ....in the recent day, they have big rate. So, the investors of those altcoins make benefits a lot. Good luck! Join and choose good altcoin!
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June 10, 2018, 02:06:58 PM
 #56

What advantages do altcoins have that differs it from bitcoin ?

I think it's the same, at least if the profit altcoin that will be in it can I see very little compared to the benefits you get from bitcoin in investing.
I also feel that way. indeed altcoin and btc are the same. but the excess btc was higher than altcoin. so many consider the btc has a high enough advantage.
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June 10, 2018, 02:08:06 PM
 #57

What advantages do altcoins have that differs it from bitcoin ?
excess altcoin is useful for short-term trading and many types of altcoin can be used as an option. so I think we can now choose a potent altcoin and now it can be used as an advantage.

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June 10, 2018, 02:09:07 PM
 #58

What advantages do altcoins have that differs it from bitcoin ?
I think the basics of the benefits are the speed of data transmission and a much improved code of coins

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June 10, 2018, 02:26:16 PM
 #59

In a financial specialists point of view altcoin is standard superior to bitcoin with regards to conceivable potential for its the motivation behind why numerous individuals endeavored to contribute on various altcoins. An opportunity to expand your benefit is likewise the motivation behind why numerous individuals lose their gaining since they dont think about the danger of altcoins.
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June 10, 2018, 02:30:21 PM
 #60

There are many advantage of altcoin that should gladden our heart. Imagine a situation where all we have is only bitcoin, do you think bitcoin would have survive up till now! Altcoin has really complement bitcoin and allow bitcoin to grow and succeed.

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