Topic: Crypto faster & cheaper? - page 3. (Read 3090 times)
Just wait till lightning networks arrive! For sure, transaction fees will lessen and the transaction is too fast. As of now, there are no cryptocurrencies I have know that has free and fast transaction. In fact, bitcoin and ethereum are the only cryptocurrencies I admire in terms of transaction, why? Because I already made different transactions using only this.
yeah indeed crypto are faster and cheaper than FIAT when doing p2p transaction, it would cost just a little fee for very quick transaction for you if want to doing transaction with people in the alongside of the world
yeah, every coin have their advantages itself. and every new coin release, they will use the old as example than develop by their ways and in any field.
sometimes people complain about some coin for small deal. you can solve your problem like if you want to transfer, just exchange to coin that have low cost and you must calculation the different between two coin. its simple
sometimes people complain about some coin for small deal. you can solve your problem like if you want to transfer, just exchange to coin that have low cost and you must calculation the different between two coin. its simple
Crypto has many items, bitcoin is one of it with high fee, the other can be cheaper . IT depend on how much people use them. the more people use it, the higher fee it costs. for example , bitcoin and eth are high fee
You right, because the network will get more crowded, of course more longer confirmation process will occur, if you use a cheap fee. but crypto isn't just Bitcoin and Ethereum right? so to avoid the expensive fees, I always use others altcoin for transactions like doge. which is very cheap and the transaction is quite fast.. Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
I still choose bitcoin as a transaction fee and I have done it all over, probably because I am used to using bitcoin for a long time so trusting and sure about other things will surely pass and will completely ignore where to go in exchange.
yes I agree with you, crypto is a faster and cheaper transaction fee
I think fiat will no longer be used in the next few years and crypto will master every payment transaction.
I think fiat will no longer be used in the next few years and crypto will master every payment transaction.
Indeed, Crypto has a higher advantage, but there are still many who have not received it, or maybe not many know about it. So in the next few years crypto will grow more and more communities will join.
It's completely faster than bank transfer systems, and that's why there are more than $ 10 billion in daily transactions in the Cryptocurrency market. This is a potential and a sign of strong growth in the future. If a Cryptocurrency bank is expanding around the world, banks are sure to collapse now!
Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
There are many coins which have faster speed and lower fees than bitcoin indeed. But i think we need liquidity and volumes.
A new coin usually faster and cheap, but the volume still low. That's why peoples prefer to use existing coins with a big volumes like btc, eth, xrp, etc.
Bitcoin is popular but transaction fees are high. At present, there are many good cryptos, it's transaction fee is low and transaction speed is very fast. So, the bitcoin's market is being shared. I think bitcoin should improve technology and reduce transaction fees to improve the number of investors.
I think faster for me personally was true but I don't think it's cheaper than other coins because we cannot even guess the price so, and also I think bitcoin was the best in crypto world.
Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
Crypto now runs faster because its all cheap that makes buyers interesed for a cheap price of all coins now tohold for the coming pump of cryptos.To give hope future to every one.
When there's a congested network for ethereum fees are increasing too. And this is also applicable for other networks like Litecoin's and other potential blockchain's that will be congested if something goes on hype for those coins. Isn't that great? everyone is free to use what type of payment they want but I'd rather go with the most popular payment method and that is bitcoin.
Right now fees are incredibly low and acceptable.
Right now fees are incredibly low and acceptable.
The entire crypto world is growing gradually as the people become more familiar with the concept of crypto each time. More and more projects are being developed with new technologies integrated into the Blockchain. This is bringing more life and amazing features to some coins on the market. The future of crypto is obviously bright and will certainly meet the mainstream adoption.
Crypto has many items, bitcoin is one of it with high fee, the other can be cheaper . IT depend on how much people use them. the more people use it, the higher fee it costs. for example , bitcoin and eth are high fee
as we know crypto is a decentralized platfrom, and it have the fast speed and high security in all transaction, so i think bitcoin and cryptocurrency is the most faster and cheaper platform than other platfrom to transfer some money and make transaction
Cheaper and faster have by cryptocurrency is why many investor like for making investment at cryptocurrency. we can get much profit by faster time and with cheaper some altcoin we can take higher profitable.
Yes, I agree with you, the advantage of Cryptocurrency can be seen from the speed of transaction and the very low cost of withdrawal. And the most interesting thing is that Crypto is able to make a lot of profits very quickly. So Crypto has succeeded in making the World economy more independent and efficient. 
In bitcoin and crypto most popular coin is bitcoin and the fee which will charge for bitcoin transaction are more than any other coin so from this i can say that this is because of the faster transaction in the crypto world and it is not cheaper.
Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
Other coins are doing their best to compete with bitcoin.Its good as we see how far we can go with blockchain technology. Though Bitcoin will still be the king of cryptocurrencies Jump to: