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Author Topic: Advantages of altcoins ?  (Read 2561 times)
Otorofo
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July 29, 2018, 11:31:08 AM
 #221

Altcoin is much cheaper, faster, cheaper transactions . Altcoin can make money much faster
gehtrs
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July 29, 2018, 11:31:23 AM
 #222

It depends on what you want, Bitcoin is only suitable for long-term investment, patiently holding, you will get a lot of benefits from Bitcoin, but altcoin is suitable for short-term investment, thrown at the high point of the currency price, from Get a lot of money quickly,
Tharu96
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July 29, 2018, 11:52:34 AM
 #223

Investing on hype altcoin is one of best way to make profits in short time period in cryptocurrency market. But there is a risk than investing on bitcoin or ethereum. Because of unstability of price of altcoins. Therefore If you can get your own risk in investing, you can make instant profits by altcoins.
Sanderion
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July 29, 2018, 12:23:13 PM
 #224

Bitcoin has 2 main problems - the speed of transactions and the scalability of the network. In this case, bitcoin is very reliable, which is its huge advantage over the altcoins. Any of the altcoins solves only one of the problems of bitcoin, while the reliability of the network always suffers. The market will get a new impetus to development, when there will be a crypto currency that solves at least one of the problems of bitcoin, while remaining the same reliable.

francesyrus
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July 29, 2018, 12:28:51 PM
 #225

What advantages do altcoins have that differs it from bitcoin ?

For my own opinion bitcoin and altcoins have no differences, they both have advantages and disadvantages. Some says that altcoins has faster transaction speed but sometimes bitcoin is faster depending on the network. Some says bitcoin has high transaction fees, maybe because it has high value also.

Morgann
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July 29, 2018, 12:46:47 PM
 #226

What advantages do altcoins have that differs it from bitcoin ?

Altcoins has platform which you can lean on to progress in the future unless bitcoins that is only depending on the peoples demand but obviously, the progress will be still depending on the developers work.
GUNGUN12
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July 29, 2018, 12:52:36 PM
 #227

What advantages do altcoins have that differs it from bitcoin ?

Altcoins has platform which you can lean on to progress in the future unless bitcoins that is only depending on the peoples demand but obviously, the progress will be still depending on the developers work.
If the movement is fast, I think the fluctuations occurring in altcoin are very favorable, because we can take advantage of this rapid change of value to be profitable, altcoin like doge is great for use as a small cost transaction. Another advantage is the ever-evolving concept.
boller
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July 29, 2018, 12:54:43 PM
 #228

Many may know the advantages of cryptocurrency. however, briefly in my opinion, crypto can make this world better. It will make the world better in enhancing the technology, earning the money easily, developing online business and investment system, and other things related to payment and transaction methods. The difference advantages of the altcoins from the Bitcoin are likely they hold more advanced technology and concept behind the coin project.



crypto_futurer
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July 29, 2018, 12:56:46 PM
 #229

Altcoins can give you a much larger profit than Bitcoin, and they also solve much more real world problems. On this, the advantages of altcoins before Bitcoin end.
DumbLefty
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July 29, 2018, 12:56:56 PM
 #230

I think the main advantage of altcoins is the price per transaction. Altcoins transfer is much cheaper than bitcoin.

Defender_Of_The_Ancients
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July 29, 2018, 01:04:17 PM
 #231

main altcoins advantages are:

1) Built in VM, allowing to make complicated smart contracts (allowing transparent ICOs, DEX, games, etc etc)
2) Fast transactions = high TPS output. You don't need to wait 5-180 mins for just 1 BTC confirmation (ok, it's 10 min average blocktime Smiley )
3) Anonymity code implementation, built in (Monero, Zcash etc)

Good altcoin is developing much faster than BTC IMO...

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daryom
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July 29, 2018, 01:11:43 PM
 #232

I am stunned at the sort of altcoin on the grounds that this kind of exchange is mysterious and quick. Altcoin writes are extremely different and have their individual points of interest.
Stella27
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July 29, 2018, 01:15:31 PM
 #233

Altcoins can give you a much larger profit than Bitcoin, and they also solve much more real world problems. They have developers where you could talk to. And lastly, most of them have physical stores.
asoy
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July 29, 2018, 01:15:58 PM
 #234

In a investors perspective altcoin is par better than bitcoin when it comes to possible potential for its the reason why many people tried to invest on different altcoins. A chance to increase your profit is also the reason why many people lose their earning since they dont consider the risk of altcoins.
ralph_0608
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July 29, 2018, 01:16:59 PM
 #235

What advantages do altcoins have that differs it from bitcoin ?
lot of altcoins are more precise and fast compared to bitcoin as most flaws of bitcoin before are being fixed by new altcoins that being introduced to the market. other altcons coming out are been developed to improved those weakness that being found in bitcoin like speed and transfer cost.

Morphing
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July 29, 2018, 01:24:22 PM
 #236

Many altkoins have different advantages with respect to bitcoin. Here it is necessary to study more thoroughly any particular altcoyin in order to understand in what it exceeds the first crypto currency.
asoy
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July 29, 2018, 01:24:42 PM
 #237

Most of them have another purpose, they're not all meant to be for payments.
Question123
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July 29, 2018, 01:25:16 PM
 #238

Altcoins is more advatanges because the cheaper coin that you buy you can get more profit once altcoin price increase.
But better also if you have bitcoin and altcoin to earn more profit.
NingCrypto
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July 29, 2018, 01:29:38 PM
 #239

What advantages do altcoins have that differs it from bitcoin ?
The advantage of altcoin is a cheaper cost than a relatively expensive bitcoin, altcoin is easier to mine, investment gains if you are good at reading market movements, when coin prices fall to buy a lot and sell when pumping coin prices, but there is a risk if coins are getting down and we basically have to expand our knowledge of cryptocurrency.
Anna Whitee
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July 29, 2018, 01:31:12 PM
 #240

Altcoin is an alternative to Bitcoin, which was developed to improve Bitcoin's disadvantages - this is Altcoin's advantage over Bitcoin. In addition, there are a lot of Altcoin are trying to evolve to overtake Bitcoin, such as comparison of anonymity in the way transactions, Bitcoin has some strong competitors such as Dashcoin, Monero, Namecoin or Zcash coin. An important factor that some Altcoin has improved from Bitcoin is the transaction time, in which Litecoin and Fastcoin are two examples that improve the update time of each block. So when it comes to trading value, these Altcoins always have advantages over BTC due to the fast transaction processing speed.
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