Crypto faster & cheaper? | Bitcointalksearch.org

muarip

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WATANABE

Quote from: kerjakuat on January 04, 2019, 10:05:12 AM

Less people making an transaction so the speed of transaction will be fast and when it crowded with transaction the speed of transaction will getting slow. I think blockchain has more a cheap fees transaction then the bank fees for transaction. Better to use blockchain as it more cheap and transparent.

A lot of costs are incurred if with other transactions but it's true that the crypto world makes a big change to produce fast and trustworthy transactions.

jcarlo

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Quote from: gaslyant on January 04, 2019, 03:57:51 PM

I think BTC should reduce the block time and increase the tps but some tokens take it to the extreme, also PoW might not be the way to go in the future because of the energy consumption.

I am agree with you. If bitcoin can reduced the transaction fee and more faster on transaction, i think it will be good news for bitcoin holder. POW is good for bitcoin because its decentralized cryptocurrency and i think thats the reason people trust on bitcoin

mmaxswellmurugan

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Yes! This is the reason probably why a lot of people are using Crypto now.
It's hassle-free and fees are low.

maman567

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By using crypto as ecurrency for payment transaction, we got service more faster and cheaper, we can sent much money to other country if allowed using bitcoin with fasted and lower fee.

jaymmagne

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I got all the three coins that you mention and i can say it too that between the three coins , XRP is worth it in terms on fees and the transaction. Hope this will not change in the near future.

margueritabarrutti

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YES! Crypto can make our lives easier also. With fast and hassle-free transactions, it's literally helping us out.

Eildosa

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Bitcoin, which is gaining popularity, has already achieved a lot. But he's not perfect either. Over time, its existence revealed some problems of its use. But it is on the contrary good, there is something to work on. There are altcoins that are in some ways superior to bitcoin, but he's still number one.

fianaindriati

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Quote from: maldini on January 04, 2019, 01:18:10 PM

Someone will not be too concerned about speed, the obvious fact is crypto is cheaper compared to fiat. Other altcoins have cheap fees and transfer speeds because they have very far prices with bitcoin, just imagine if bitcoin has a price like xrp, maybe bitcoin would be much faster

yes, I think most people see coins, of course, from the price. because they buy so certainly see the price. whether the price is friendly or not. but of all this time, other coin prices are more affordable than bitcoin. so most of what I see is that everyone chooses a coin that is rather light in price.

gaslyant

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I think BTC should reduce the block time and increase the tps but some tokens take it to the extreme, also PoW might not be the way to go in the future because of the energy consumption.

hxtop

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Cryptocurrencies are far away to compete with speed, fee ratio and simplicity of transactions made by banks. I can say that they might be better in securlty issues. If we focuse on this issues, we may contribute to find solutions for these problems. All I want to say is there is a long way to be better than banking system.

maldini

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Someone will not be too concerned about speed, the obvious fact is crypto is cheaper compared to fiat. Other altcoins have cheap fees and transfer speeds because they have very far prices with bitcoin, just imagine if bitcoin has a price like xrp, maybe bitcoin would be much faster

virasog

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

YES! and i think it has less to none transaction fees.

Crypto is faster but it has a tx fee. Bitcoin Tx fee is low but if you need to do many transactions, then this tx fee combine might be a good one . If we compare it with the cost of sending money from one place to another ( Country to Country), then the cost of bitcoin transfer is very less.
Even services like western union and Paypal charge too much and when it comes to digital currency, it is almost free of cost.

kerjakuat

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Less people making an transaction so the speed of transaction will be fast and when it crowded with transaction the speed of transaction will getting slow. I think blockchain has more a cheap fees transaction then the bank fees for transaction. Better to use blockchain as it more cheap and transparent.

bayu7adi

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dont be greedy

when the blockchain network is quiet or there are not many who make transactions, then all transactions will be quickly processed by the miners, but when the transaction traffic is crowded, then someone with the highest GAS will be the priority of the miner to be processed immediately

so, it's true, that when the transaction process is fast, then everyone who makes a transaction will install a normal or even sub-standard GAS, and whether they want it or not, the miner must do it, which is processing the existing transaction

FlightyPouch

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Quote from: ?? on ??

YES! and i think it has less to none transaction fees.

Well, in the past there are a lot of users that is really amazed by these cheap transaction fees and really fast transaction time though this time, with a lot of users and transactions, it is not the same as the past. Instead of looking it as disadvantage though, take it as an advantage.

Lumi3004

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Bitcoin is basically all coins in terms of price and the effect is quite large on other coins on the market, especially cryptocurrency at this time.
"I suppose like a US dollar if he moves, almost all currencies in the world jump and also if all the money in the world falls too,"
so this story is almost the same as the digital currency Bitcoin, for that I hope to invest as much as possible where Bitcoin knows ... luck is in you.

Bitdressa

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It can be said like that crypto money because the value of the currency is changed - changes every minute this happens very quickly without us knowing at all consumed by our daily activities. And the process is not as complicated as we imagine, of course there is guidance and info from surrounding friends who know this crypto money.

Ntr..

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yes , i agree with this , crypto is faster bcoz it is peer to peer there is no mediator in between and the transaction fees depends on the coin price ....when we come to see about the cheaper the bitcoin is not cheap but the crypto altcoins are cheaper and faster....

maxamus

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Quote from: wendiar19 on January 04, 2019, 07:35:50 AM

I strongly agree with this statement because I myself experienced when sending money to buy something I used a local currency payment instrument and it made my transaction take a long time, so I tried to make transactions using cryptocurrency like Bitcoin, this transaction is very easy , fast and sure the security is very guaranteed.

Yes indeed crypto are faster & cheaper. we are experienced its transaction speed and method of transferring coins very securely makes crypto faster and trustable platform to all. Cheaper means the transaction charges are very less and we just need internet and secure key to do the transfer rather than Fiat currencies which is quite difficult and without intervention of banks we cannot do transaction.

Wellyan

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indeed, the price of bitcoin with the price of other coin-coins is indeed a higher bitcoin price. especially getting bitcoin is not easy. so it takes a long time, and we must be able to get it. while other coin-coins are sometimes easy to get. because so far there were certainly many people who got it.

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