Advantages of altcoins ?

[benalexis12]

What advantages do altcoins have that differs it from bitcoin ?

Bitcoin doesn't have any backing project or any significant utility to back its price in long run. but many altcoins do have backing projects and use case which can give them intrinsic value and can support their price in long run. Use cases maintain the demand aspect of the cryptocurrencies. Since, most of the altcoins have capped supply, such ustility coins can survive in long run.

But i know they will have SMart contracts in the future RSK smartcontracts i read a full article but i don't know whose the real developer of bitcoin and why is it very important. Altcoins has their own smart contracts and utility tokens some coins are securities and the have different aspect.

[bravehearth0319]

What advantages do altcoins have that differs it from bitcoin ?

I think the advantage of altcoins was most of it are in cheap value, then once it get pump there is big chances that the holder of the coins can probably earn more than 3x or more of it. Unlike Bitcoin was too expensive to have  it.

[tinyblue]

It depends on the alt coin, since most are trash, bad idea. But there are those that bring something new and innovative. For example Sia coin I believe is the name, is similar to Dropbox, and you can use your hard drive to mine. Win win for the user and the host.

[BitNotByte]

What advantages do altcoins have that differs it from bitcoin ?

Some altcoins are just getting started, There are so many promising altcoins which cost less than a dollar which means you can go scoop a lot of them and hodl for years which will give you a good profit. Some altcoins are just waiting for their main product/program/system to be launched and the pump of its price will soon follow. The main difference is the price.

[Psychee]

Main advantages:
1)Blockchain
2)Maybe new hype coin ?
3)Anonymity
4)New opportunities
If you wanna find project with 4 this advantages check Socratus

[rosycrypto12]

The most important advantage of altcoins is that altcoins are much cheaper than bitcoin. Also if the altcoin really has the potential then it will grow in the future. So it is sometimes better to invest to altcoin. 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.

[usmanov123]

Altcoins are able to pump 100x+ in USD value in a short-term (and BTC is probably not). This is the main one

[iiikkkxj]

It depends a lot on the specific Altcoin. Some can give very fast profit.

Bitcoin is the first ever cryptocurrency that introduced new method of cash system. It is like a gold - more stable, but have less volatility

[miracle24]

Since altcoins are tied to Bitcoin whatever moves they make is dependent on btc. So i hodl btc to increase my btc.

[Pline]

What advantages do altcoins have that differs it from bitcoin ?

BTC is gonna stay for number one coin for a long time.
As it comes for alt, they can solve problems which BTC could not handle. ETH with its “smart contracts” is a good example.
Hopefully to see some promising coins to raise and beat BTC and its problems.

[Alenas2018]

What advantages do altcoins have that differs it from bitcoin ?

I think altcoins are volatile so it can also give us money if we are trading it on a daily basis.
We have a lot of option and the market is wide, also they have real purpose in life so just like bitcoin we can consider it as a long term investment,Good investment, there are some altcoins that is really good for long term invesment such ethereum and many else. Also agreed with you about transaction fees. If you compare it the fees on altcoins with bitcoins, the different is really big. Using altcoins for payment is really good and the fees is really low

[zwiggel]

I think altcoin comes after bitcoin so it has better characteristics. The velocity of a block of altcoin is faster than bitcoin. The total number of altcoin circulating in the electronics market is huge compared to bitcoin. The handling features, transactions of altcoin are faster than bitcoin.

[jack long]

many people invest in altcoin and make a profit because at this time I think it's time to hold altcoin and wait for altcoin prices back and can sell it when altcoin prices go up, so many people are investing in Altcoin because of the many benefits

[Ruby_Official]

What advantages do altcoins have that differs it from bitcoin ?

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[I.P. Freely]

My favorite by far and the one I think has most potential is Ambrosus. Altcoins are only valuable if they have an actual use case and the token economics make sense.

My favorite altcoin AMB is a utility token for a Swiss supply chain platform which is run by multi tiered decentralized master nodes and payouts for node operators are tied to the number of data "bundles" processed and stored each day.

So one of the ingenious things about AMB’s tokenomics is that while all the bundles are fixed at a USD price of $10 (to make adoption easier and consistent), the bundle price is actually paid in AMB based upon the current USD-AMB exchange rate. Therefore, even if you don’t have a node and are simply holding AMB, you are still holding the fuel for the entire AMB-NET. As the network grows, demand for the Nectar, which you hold, will also grow.

Another ingenious part of AMB’s network design is that every time a bundle is purchased, the network will automatically burn 5% of the AMB used to purchase the bundle. As mentioned above, as the network grows, demand for AMB will also grow as users will need it to purchase bundles. This growth in purchased bundles will subsequently increase the rate at which AMB is burned. So the more the network grows, the faster the burn rate is for AMB which will create scarcity. So you have this dichotomy where as the network grows not only will demand for AMB rapidly increase but at the same time, the supply of AMB will rapidly decrease due to more burning. As you’d learn in a basic econ class, an increased demand OR a decreased supply will lead to a price increase. But having both an increased demand AND a decreased supply happening simultanesouly can really cause a snowball into huge growth.

Check out this article for an idea of expected mater node returns:

https://medium.com/@snipecharts/ambrosus-expected-masternode-roi-dd98810683e

[WAKKOCAI]

I think it's worth comparing bitcoin or any other coin with a specific altcoin. Ethereum is definitely more promising due to its platform and smart contracts..

[Bitknick]

It all depends on each altcoin, because the new coins decide what issues, problems associated with crypto!

[Daisuke]

Well the significant advantage of having an altcoins is for all the investors to look and decide on which coins will they are going to invest not only in bitcoin. Having an altcoins is an options and choices for all the investors who want to gain more and earn more.

[Blackpanther399]

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 as different altcoins have differnect use cases

[dirgayeah]

What advantages do altcoins have that differs it from bitcoin ?

an advantages from altcoin ? what kind of altcoin do you mean dude ? I think each altcoin have their own advantages. and the advantages are so much if it will be described. like altcoin investment profit are more higher then bitcoin, their technology are much faster then bitcoin. so many advantages I think. but it must be describe more detail.