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Author Topic: Advantages of altcoins ?  (Read 2639 times)
huhhuh18
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July 29, 2018, 04:15:54 PM
 #261

Well, to me the only benefit I see is that they can offer a higher percentage of increase when Bitcoin moons. For instance, Bitcoin may give you a 2% green in 24 hours but a good alt can give you about 10+ % in that same 24 hours, but it comes along with a risk that's why we always advice Bitcoin to be a first choice and then you perform your search well before selecting an altcoin.

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ice098
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July 29, 2018, 04:21:49 PM
 #262

This depends on the product that they offer.It can be fast and cheap transactions, high bandwidth...many altcoins are more perfect than bitcoin-but they never catch up.
The main advantage of altcoins it has cheaper price, so that's many people are choose it because mostly of user of crypto have only enough money to buy crypto, so they choose altcoin which is affordable but profitable. Also altcoin are getting more popular because some of them srtikes its value like in ETH, and there's a lot Altcoin have potential so that people are getting interested to it day by day. Aside from Bitcoin, some of Altcoin can be trusted to invest.
kingcrypto-the2nd
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July 29, 2018, 04:23:38 PM
 #263

alt-coins are the branch in crypto currency that represents a product,alt has to be on specification, which represents  different product in cryptocurrency ,some alt have base increment than ether and bitcoin.
biochem123
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July 29, 2018, 04:31:21 PM
 #264

This is too much of a broad question to give a specific answer. Different altcoins serve different purposes, you should learn about as many of them as you can in order to understand the topic
robaya
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July 29, 2018, 04:34:35 PM
 #265

investing altcoin moreover with ico coin like doing gambling. where we can get a bigger profit from ico coins because the percentage increase is infinite compared to the existing altcoin. but we also get a big risk if the coin can not survive in the market and lose its value then we will also lose our money.
Voomleli
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July 29, 2018, 11:39:49 PM
 #266

innovative alts have a couple of features like savvy contracts, shadring, pos mining, trade speed is to a great degree lovely, up to 15k tps. We are still in time when organize wander beats each orther to get their unmistakable quality and incentive for the all inclusive community.
bbcolex
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July 29, 2018, 11:42:14 PM
 #267

What advantages do altcoins have that differs it from bitcoin ?

Some altcoins sometimes offer faster and cheaper transaction fees than bitcoin, with the wide varieties of alts you can put your investment to different one's to maximize profit. I prefer eth as a payment method since it's faster than btc confirmation.
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July 29, 2018, 11:48:45 PM
 #268

What advantages do altcoins have that differs it from bitcoin ?

Altcoins are mostly undervalued. Meaning, they have a low or small market cap which entails that there is a huge space for growth in terms of value. So if we are able to get hold of many of these alts, as time pass and demand for them increases, value also increases. Which means, we have most likely made a good investment.

Ultimist
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July 29, 2018, 11:48:55 PM
 #269

Different altcoins have different more advanced features that bitcoin does not have. As for the price, buying them is much cheaper and if the coin is promising, it gives the opportunity to multiply your investment several times in a short period of time. Investing in bitcoin takes a long time to get a profit.

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July 29, 2018, 11:50:22 PM
Last edit: August 01, 2018, 11:05:56 AM by coynedterm
 #270

What advantages do altcoins have that differs it from bitcoin ?
Actually most of the altcoins are in very startup and also they have very less price and due to very less price there is big chance that price of Thier can be easily up with small amount of the investors and that will result into big profit for the early holders .
And also here we can see that if there will be lots of altcoins then people can invest in them and that Results into big demand of bitcoin , and that will make the availablity of the bitcoin less in the world of cryptourrency market and that will leads into increase in the pricie of bitcoin , so why not we should remain positive to have the lots of numbers of the altcoins in the cryptocurrency market .
But still here we need to remain negative about to have altcoins , because in these days lots of altcoins are entering in the cryptocurrency market and few of them are just came to scam the people and investors through ICO project procedure .

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gerutio
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July 30, 2018, 04:04:33 AM
 #271

There are a lot of focal points and detriments. all things considered, initially altcoins have group of designers expounding better approaches to speed exchanges with bring down charges, simply look at BTC and ETH, ethereum is far quicker and you don't need to pay excessively to exchange cash
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July 30, 2018, 05:12:07 AM
 #272

What advantages do altcoins have that differs it from bitcoin ?

Maybe the advantages of altcoins is, it is more reachable by small holder. You can buy altcoins in bigger fractions than bitcoin.
And if you compare the blocktime of bitcoin and altcoins, the altcoin block time is faster than bitcoin.
The transaction speed of altcoins mostly faster than bitcoin too.

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July 30, 2018, 05:19:04 AM
 #273

Bitcoin most people will acknowledge is Crypto 1.0 it is simply for storing and transferring value and has very little additional functionality. After that we have altcoins ie anything that isnt Bitcoin the next one to push the boundaries was Ethereum that featured Smart contracts and added greater levels of functionality to Crypto and was dubbed Crypto 2.0. Now we are looking at faster ways to verify transactions and increase throughput as we move towards Crypto 3.0

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BountyGo
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July 30, 2018, 10:09:06 AM
 #274

I'm a small investor so alts are the only way I'll "hit it big". BTC is a nice hedge and you should own at least a sum, but it doesn't make sense to me to hold a large chunk of BTC unless I'm looking for "safe" investments.
BTC might get me 2x or 3x in the next few years, but a risky alt could get me 50x.
xeno94
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July 30, 2018, 10:12:46 AM
 #275

Its ability for higher transaction speed due to its algorithms and the its ability of easy to reach for users.
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July 30, 2018, 10:15:35 AM
 #276

I think if you want to hold it for a long time then I suggest you invest in Bitcoin, because Bitcoin has low stability risk and is suitable for long-term investment, but it will earn less money. Altcoin recommends that you invest short-term and sell at high market prices. Out, you can make a lot of money in the short term, but relatively risky is not very stable
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July 30, 2018, 10:15:45 AM
 #277

Advantage of altcoin is such thst different coin can have different uses and diffetent protocol or merged protocol  or achieve snything by experimenting different ideas that could be use to further propagate the ideals of blockchain and cryptocurrency!
vladaziya4
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July 30, 2018, 10:17:07 AM
 #278

My opinion: It will increase, only time is needed. Time is always above all, especially in any business, not immediately will be a huge profit, you need to wait, then wait. Wink Wink Wink Wink
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July 30, 2018, 10:19:15 AM
 #279

the advantage of altcoyins is a smaller commission for transactions, it is more precise in the deferred spheres
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July 30, 2018, 10:22:05 AM
 #280

Everything depends solely on each altcoins and the project that supports them!
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