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Topic: what are the advantages of altcoin ? (Read 2709 times)

copper member
Activity: 490
Merit: 2
November 09, 2018, 03:53:26 AM
The main advantage of some altcoins in front of Bitcoin is the transactions speed. BTC transactions are extremely slow and very expensive. Just look at LTC, it is faster and cheaper. Moreover, the price is also a great advantage, because you are getting a better coin for 50 USD and not for 6000 USD.
member
Activity: 364
Merit: 10
November 08, 2018, 11:52:40 PM
The biggest advantage of altcoins compared to bitcoin is transaction speed. Bitcoin takes up to hours to complete a transaction, its average transaction speed is 78 minutes. Altcoins only takes some minutes to complete a transaction, some altcoins only take seconds to do this. Ethereum takes 6 minutes in average and XRP is 4 seconds. As statistic in https://www.fool.com/investing/2018/05/23/ranking-the-average-transaction-speeds-of-the-15-l.aspx
member
Activity: 226
Merit: 10
November 08, 2018, 11:45:43 PM
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

Each Altcoin has its own advantages. Therefore the way to get the benefits is different every time. I really like Altcoin and invest in several ICOs I benefit from that.
In altcoin ,it is much lower prices than other potential coin which is affordable to buy I think here in altcoin it's more advantage because we can expect for good returned of profits as market will explode again.
sr. member
Activity: 1372
Merit: 348
October 23, 2018, 11:18:14 AM
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
The real advantage that I see in ALTCOIN is that it is cheap at its early stage because they introduce it to the public while they are really looking for an investor. You can also avail these altcoins free by joining to their bounties and airdrop. But you will have a great chance to somewhat get "rich" if these altcoins will really reach its peak price in the near future.
sr. member
Activity: 427
Merit: 250
October 23, 2018, 10:56:33 AM
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

In general, with the development of blockchain technology and growing interest in it, every new project should have been an upgraded version of an existing one to get investors interested. As there are many altcoins that have improved some of BTC's disadvantages, for example.
jr. member
Activity: 462
Merit: 1
October 23, 2018, 10:41:43 AM
Altcoins - an opportunity to invest in projects with minimal investments, but with a big profit. You can also make good money by participating in your campaign for generosity!
jr. member
Activity: 71
Merit: 1
October 23, 2018, 10:34:00 AM
altcoins gives you an advantage to keep your funds in different units that may protect your from losses and hackers and devaluation
full member
Activity: 392
Merit: 105
October 23, 2018, 10:25:36 AM
Altcoin has some advantages over bitcoin like:
Will inherit the advantages of Bitcoin and eliminate one of its shortcomings
The current value is quite low for long term investment
Quantities and beginnings are definitely strong and comprehensive
full member
Activity: 353
Merit: 100
October 23, 2018, 10:00:55 AM
I see altcoin is very useful because it can save on transaction costs, there are new and advanced technology altcoin than bitcoin, Altcoins price increases faster than Bitcoin. But most of altcoin will use to transactions and payments.
sr. member
Activity: 714
Merit: 250
October 23, 2018, 09:42:16 AM
I think that altcoins have at least a number of advantages. Their appearance contributes to the development of a large number of interesting projects that are aimed at maintaining certain areas of our life. Some altcoins are aimed at supporting and developing human resources, obtaining knowledge. Other altcoins aims to convert renewable energy. In fact, there are a lot of projects and most of them are aimed at the development of the whole world.
member
Activity: 388
Merit: 10
October 23, 2018, 08:37:22 AM
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
This argument makes me feel a bit like forcing a reason. Although this may seem like this, what should those people who are bankrupt because of Altcoin say?
member
Activity: 434
Merit: 10
October 23, 2018, 08:32:28 AM
altcoins are young coins and they dont have big marketcaps so because of that you can earn good amount of money from altcoins for example a coin which 1 billion marketcap can do 5x. but a coin which 1m dollar marketcap can easily do 100x.. so that is the point.
In short, the price increases depend on the product that the project has created and we see that the market is falling, most of the high value coins are falling to the bottom, and I Many coins have good products, the value is still growing. That is the advantage that we hold the right coin
member
Activity: 490
Merit: 10
October 23, 2018, 08:21:05 AM
Altcoins are faster, safer and generally better than Bitcoin. Look at Ethereum, every ICO is using it as the major payment method. LTC is much faster than Bitcoin and costs only 50 bucks. Pay your attention to the trusted altcoins and they will give you higher profit at the end.
full member
Activity: 434
Merit: 100
October 23, 2018, 08:14:14 AM
many of the benefits derived from altcoin, one of which is the ease with which altcoins experience price changes so it is very suitable for trading, if we see BTC prices that tend to be stable it is very difficult to trade, but more suitable for long-term investments
jr. member
Activity: 121
Merit: 1
The World’s First Blockchain Core
October 17, 2018, 01:32:50 PM
altcoins are young coins and they dont have big marketcaps so because of that you can earn good amount of money from altcoins for example a coin which 1 billion marketcap can do 5x. but a coin which 1m dollar marketcap can easily do 100x.. so that is the point.
sr. member
Activity: 665
Merit: 250
October 17, 2018, 06:59:12 AM
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

There are a lot of advantages like :
-->Low fees
-->Quick and easy payments
-->Easy access
-->Individual Control Over Earnings
-->Altcoins are cheap
-->Fast transactions
-->Universally-Accessible 24/7
-->Complete Anonymity & Protection of Personal Data
-->No third party
-->Highly secured
-->Various altcoins are present
-->Turning Mobile Payments into a Trend

There are many more advantages but listing all of them will take a long time . But don't just see the advantages , because there are many disadvantages too !! Because for every action, there is an equal and opposite reaction (Newton's third law)  Grin Grin Grin

Thank You!!
You are very right with what you say in your opinion and that is all the positive aspects and benefits of investing maybe with your opinion investors will be more interested in investing in these currencies because the future and development of cryptocurrencies depend on the investors themselves
sr. member
Activity: 532
Merit: 255
October 17, 2018, 06:52:08 AM
At a glance altcoin and bitcoin both have many advantages both to maintain basic needs, online payment media and can be used as investment assets. Besides its supply which is quite large, Altcoin also has other advantages among which are fast transactions, relatively low transaction costs, and some even use newer blockchain technologies, such as Neo coins. Means this is very much in line with the planned Satoshi Nakamoto that with the creation of altcoins it's hoped that it can correct deficiencies which are in bitcoin.
hero member
Activity: 966
Merit: 500
October 17, 2018, 06:00:50 AM
The advantages of altcoins includes a higher supply of coins, people do not have to worry about supply running out since the coins are always so abundant and there is always enough of them to go around. Also the coins are cheap so you do not have to worry about breaking the bank when you are trying to invest in the coins and they bring very good returns
full member
Activity: 329
Merit: 100
AGATE
October 13, 2018, 02:37:33 PM
Their main advantage is openness to new ideas and flexibility of the teams and platforms themselves. Look at the same Bitcoin, with such a small capitalization, it already looks like an old mastodon who does not want to adapt.
full member
Activity: 448
Merit: 100
October 12, 2018, 11:15:06 AM
There are several advantages of altcoin and one of them is volatility. For traders volatility helps to gain profits and it is a positive factor. As for other advantages, I would say that positive steps toward technology
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