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Author Topic: Advantages of altcoins ?  (Read 2639 times)
gabriela1999
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July 23, 2018, 12:59:30 AM
 #181

altcoin was created to compete with bitcoin.  Because postpartum delivery is so late altcoin has many advantages compared to bitcoin.  altcoin is an alternate for bitcoin as it improves and addresses the disadvantages of bitcoin protocol.

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Davinus
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July 23, 2018, 01:10:19 AM
 #182

One of altcoin advantage which I see is most Altcoin exchanges have a mobile app. The only thing that users have to do is scan a given product’s QR Code and then they pay automatically. Every transaction is thoroughly described in their account history. There are no hidden fees or transfer taxes. And also users who have acquired Altcoins via crypto mining or currency trading are the sole ones who have access to the said digital monetary sums. E-Wallets can be accessed only with the use of the private key which is owned by the account holder.
Omtamvan
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July 23, 2018, 03:52:25 AM
 #183

What advantages do altcoins have that differs it from bitcoin ?

This are the some advantages ofor altcoins.Tackling Inflation Rates: Fiat currencies are subject to constant devaluation. Lots of people have started stocking up on Altcoins in segregated accounts because real-life financial crisis does not affect their value in a negative way.
Altcoin is increasingly emerging in the cryptocurrency market and bringing a lot of innovation. The advantage of altcoin is that it is formed later, so it is often used in the most advanced technology to serve a certain area, the value of the altcoin is usually low, it is an opportunity for investors can Choose for yourself the potential projects for long-term investment.
many profits that have been in the can of altcoin because by investing and trading also can get a good profit because in altcoin also many projects that promise and can be profitable in the future hence already a lot of get from altcoin
aurelino
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July 23, 2018, 04:17:03 AM
 #184

I think there are many things that distinguish between bitcoin and altcoin, first of all is the price, altcoin prices will be greatly influenced by the price of bitcoin and ETH, because generally altcoin prices are highly dependent on market value. the altcoin price is determined by the project issuing the ICOs when the ICOs reach Hardcap it is certain that the value of the altcoin will be valuable, whereas if it does not reach hardcap it can be seen that the altcoin will not penetrate the good sale price or may fail, while Bitcoin is not affected by the project whether it works or not, because Bitcoin is the digital currency that dominates cryptocurrency.
HaroldConway
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July 23, 2018, 03:05:27 PM
 #185

What advantages do altcoins have that differs it from bitcoin ?
With the altcoins I have, there are many advantages to be honest. My coins PRG, ICX and Lisk are stable right now unlike btc and are working excellent in the market. They are totally worth investing in.
JeffreyElvis
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July 23, 2018, 03:42:27 PM
 #186

What advantages do altcoins have that differs it from bitcoin ?
Well about the advantages I can say that altcoins are really great. As far as the comparison is concerned, I would say they are quite stable and have a lot of projects which can help in its incredible performance. My coins TAU, NEO and ADA are very good.
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July 23, 2018, 03:48:12 PM
 #187

The most advantages of altcoin is it is more cheap than bitcoin.

I will try to overpersuade you in that. Indeed it would be an advantage, if every altcoin's price in USD were the same as of BTC eventually. But, as we all know, this will never be the case. The most likely scenario for a good coin (let's forget about sh*tcoins for now) is rising with the same pace as that of Bitcoin, and thus your $200 may become $500 regardless of whether you've invested them in a "cheap" altcoin or in "expensive" Bitcoin.

Of course there are exceptions but they work both ways. Thus, investing in good altcoins you can either earn a bit more than from investing in BTC or a bit less.

With sh*tcoins is another story. It's like betting on a very weak team in sports or playing with a high multiplier in dice: you will win big time in case of winning, but most likely you will lose.

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papasmurph
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July 23, 2018, 03:59:29 PM
 #188

What advantages do altcoins have that differs it from bitcoin ?

Overall, it depends on the purpose of the coins, but the main advantages that most altcoins have to BTC are related to transaction time, transaction fees, number of transactions, and so on. I think it's basically this.

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otto2012
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July 23, 2018, 04:01:03 PM
 #189

For example, faster transactions than bitcoins or support for smart contracts. Advantages can be a lot.

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nasipadang
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July 23, 2018, 04:10:38 PM
 #190

What advantages do altcoins have that differs it from bitcoin ?
Fast movement, I think the fluctuations that occur in altcoin very profitable, why? because we can take advantage of this rapid change of value to be profitable, altcoin like doge is great for use as a transaction with small fee, Another advantage is the concept that continues to grow.

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July 23, 2018, 04:16:45 PM
 #191

The advantage of shanzhai currency is that during the bull market, the price of BTC will continue to rise. At that time, the profit efficiency of shanzhai currency will be much higher than that of BTC.
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July 23, 2018, 05:35:26 PM
 #192

Most of them have another purpose, they're not all meant to be for payments.
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July 23, 2018, 05:37:29 PM
 #193

if you are asking advantages of buying and trading altcoins, this is the most common way to increase your bitcoin amount. if you can predict the trend of an altcoin you can really make good profit in a very short time.

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July 23, 2018, 06:25:04 PM
 #194

Firstly - price. Usually they are cheaper than BTC and many traders can buy some coins. Than - the growth of price can be at times bigger and can even be x15-x30 or even more.

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Lala Sravan
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July 23, 2018, 06:28:21 PM
 #195

According to me there many advantages with Alcoins, it has huge potential to give returns in the short also when you select the right Altcoin. The price of the Altcoins very cheap.
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July 23, 2018, 06:39:49 PM
 #196

What advantages do altcoins have that differs it from bitcoin ?
Many features are better than bitcoin, as we all know Bitcoin has a transaction time of more than ten minutes on average. And this can take several hours in cases thanks to very low block sizes. Altcoin like Dash and Ripple have managed to overcome this problem and have a clear advantage over Bitcoin at the moment. but some of altcoin exists only as the rest of the pump-and-disposal schemes intended to make their creators rich.
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July 23, 2018, 06:46:26 PM
 #197

According to me there many advantages with Alcoins, it has huge potential to give returns in the short also when you select the right Altcoin. The price of the Altcoins very cheap.

Yes altcoims can give huge profit and one of the key factor is the cheap price as altcoins are affordable to everyone and thus a huge investment goes towards altcoins and increases the value regardless of the project.

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July 23, 2018, 06:50:06 PM
 #198

Honestly, I using altcoins for trading, and sending some money with it. Transfer fees from altcoins are cheaper and faster than bitcoin. That are advantages altcoin from my point of view.
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July 23, 2018, 08:31:13 PM
 #199

Most times, when i want to invest in altcoins, i usually consider the return of investment (ROI). If you are fortunate enough to invest into good altcoins when their prices were low, by the time you sell after mooning, there is every tendency for you to realize more profit than when you invest in bitcoin.
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July 24, 2018, 03:54:04 AM
 #200

Bitcoin was created in 2009 and since then the price has increased from 0.01$  to 7720$. Some altcoins have similar growth potential and buying some of them is a very profitable investment.
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