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.
The development of the crypto world feels so fast and many choices, could it be possible that someday cryptocurrency will shift the conventional payment system? 
Topic: Crypto faster & cheaper? - page 5. (Read 3090 times)
yes some cryptocurrency are cheap and faster, this is the main reason i have the believe that someday cryptocurrency will the general accepted and used by many countries because today most companies now accept bitcoin even when it happen that the rate of bitcoin is very high and cost i know altcoin will play a row in this aspect.
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.
Yes, a person can remain in the world of fiat, but the crypto currency is developing and there is no need to lag behind the time to remain effective
In 2018, payments in bitcoins worth more than $1.3 trillion were processed., and this figure has surpassed such payment systems as PayPal and Discover. This suggests that bitcoin is rapidly gaining momentum and growing demand .
The few times I have exchanged Bitcoin I was shocked by the high transaction cost and the time it took to complete the transaction. I believe crypto is still in its infancy, maybe in the years to come transaction fees will be a lot cheaper and faster too.
Well, a lot of forks and segwit happened but bitcoin still have high fees and slow transactions. I am hoping that in the near future it will be lessen and fix the down side of bitcoin.
Bitcoin is the simplest form of exchange and so it makes sense you should create your own Bitcoin wallet app. It is quite easy to implement and so you should integrate it as a payment option. Contact Antier Solutions and create your own Bitcoin wallet today
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For for details visit the website : https://antiersolutions.com/cryptocurrency-exchange-development-company.html
Email ID : [email protected]
Skype : [email protected]
I guess, due to segwit2x, the processing tranaaction of bitcoin has been solved in quite and on its high fees transaction was still the same as now.. In fact the cryptocurrency is gradually evolved by accepting bitcoin in some countries and some are making their own crypto to adopts the evolution of technology.
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I guess, due to segwit2x, the processing tranaaction of bitcoin has been solved
i think its not because of segwit . the real reason why bitcoin moves faster and cheaper these past days its because its value is also decreasing .
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In fact the cryptocurrency is gradually evolved by accepting bitcoin in some countries
cryptos are still cryptos , they dont evolve because of bitcoin .
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some are making their own crypto to adopts the evolution of technology.
you dont need to create your own crypto just because you want to join or support the adoption of it . those who create thier own coin are meant for business purpose in order for them to earn a profit .
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.
Bitcoin development team needs to innovate in order to reduce processing costs and make it faster. I realize that someday Bitcoin and Altcoin will function well, and in the end it will work will also to be Fiat. Our world is developing and we really need crypto in our lives someday.I guess, due to segwit2x, the processing tranaaction of bitcoin has been solved in quite and on its high fees transaction was still the same as now.. In fact the cryptocurrency is gradually evolved by accepting bitcoin in some countries and some are making their own crypto to adopts the evolution of technology.
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.
Bitcoin development team needs to innovate in order to reduce processing costs and make it faster. I realize that someday Bitcoin and Altcoin will function well, and in the end it will work will also to be Fiat. Our world is developing and we really need crypto in our lives someday.
The few times I have exchanged Bitcoin I was shocked by the high transaction cost and the time it took to complete the transaction. I believe crypto is still in its infancy, maybe in the years to come transaction fees will be a lot cheaper and faster too.
Generally, crypto is really cheap and fast means of exchange. It’s obvious that bitcoin is not the fastest and the cheapest, and it has some issues to improve. But as bitcoin was the first, it represents real innovation decentralized system that can’t be compared to some insignificant features like different algorithms of sign generation, faster transactions, Turing completeness, or more anonymity that other altcoins offer. There are hundreds of altcoins, but none of them has come close enough to bitcoin in terms of price, usage, and reliability.
Yes, it's really cheap. Do not miss this opportunity. Most people who invested in crypto have made great progress. They have made rapid progress through crypto. These coins are much higher than the value. Then most of those who are investing get a huge profit. I think this is the best time to invest. Because if you make a living today, you can earn a big profit. It makes you profit.
There is no doubt that the new may have a pretty good techonology and indeed this factor is more likely to make ethereum be fast progress than bitcoin. In short, I completely believe that bitcoin somehow will never be replaced by any coins.
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.
Bitcoin fee is higher than other coin indeed, but it is because the bitcoin value itself already high.
When bitcoin still less than $1, guess how much was the transaction fee ? so this is about the value of coin itself, if the coin expensive, so the fee.
When I buy its usually LTC it faster than any other at present I don't see the point in waiting for BTC,
Exchange for BTC or ETH at exchange then buy your next investment.
Exchange for BTC or ETH at exchange then buy your next investment.
I think the best faster coin right now is nano and its have free fees.
true but bitcoin also has weaknesses such as being easily hacked and stolen by others and bitcoin also has a value that changes continuously
A lot of coins have gone beyond bitcoin technically but bitcoin still has 34.8% of the total market cap currently. It seems bitcoin is not going to die because of technical lack.
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Yep, Bitcoin became a trademark of the whole cryptocurrency market, so even though other project are far more advanced and offer faster and cheaper and more secure transatcions Bitcoin will still be the king for a long time.
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Yep, Bitcoin became a trademark of the whole cryptocurrency market, so even though other project are far more advanced and offer faster and cheaper and more secure transatcions Bitcoin will still be the king for a long time.
You mean altcoin, yes, the altcoins that invest in them will be cheaper than BTC, but many coins have extremely high growth rates, so focus on which coin selection is best to hold.
You mean to focus in some other crypto projects? Yes, I already did and invested some money in SciDex (SciToken) prjoect.
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.
Even if the transaction fees are higher as compared to other crypto coins but you can also gain more profit than other investments. While other altcoins will also give us profit. It is just up to you what to choose. Jump to: