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Topic: Which cryptocurrency must I use and why? (Read 1189 times)

hero member
Activity: 3010
Merit: 794
November 12, 2016, 09:29:22 AM
#29
I could  do  make suggestions,  Ill choose ETH,XMR,LTC these  could  be a  good alternative  besides  bitcoin.
I could really say that this  altcoins does  have really  good potential and   a  big  community only for  ETH.
..In LTC it  might  not  be  as strong as the 2 alts  but still  its kicking and stand still.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 12, 2016, 09:10:44 AM
#28
As everyone know, the second currency after Bitcoin is Ethereum, this coin achieved great success and surpassed many coins to reach the second place, as well as the second most adopted coin.

Indeed, eth actually overtake most of the altcoin in cryptocurrencies. And build also a big community in bitcoin world, even there is some member criticize ethereum but up to now it getting stronger.

No ..and it's price is meaningless too by the way.

It's DAPPS are a failure.. the point to ETH.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 12, 2016, 07:31:41 AM
#27
I’m busy with a new reward base website.
I want to use a cryptocurrency other than bitcoin.
There is at the moment to many to choose from.
My aim is to get more people into cryptocurrency.
Which one will be the best to use and I also want to know why?
Your feedback will be appreciated.

what kind of reward based are we talking about? like a tipping platform, because they are all happening off-chain which makes it easy to deal with many problems.
and for that you should only use bitcoin because people other than traders don't know altcoins.

Quote
Although I think bitcoin is a great idea there are some problems why I do not want to use bitcoin.
1. Confirmation time takes too long. Most alt coins confirmation time is faster.
2. Fees. If Bitcoins go up in value the fees will be higher. I’m not sure if the fees will change in the future.
3. Green. Bitcoin use over $300,000 worth of electricity per day.
4. The centralization of bitcoin. The harder algorithm and if the price do not go up then the more centralise bitcoin became.
Most alt coins is not use and is only there for trading and pump and dump and do not have real economic value.
There are a lot of coins that are better than bitcoins and a few with real world usages.
I want to take one and see if I can give it real value and usages.

1) with standard fee it takes less than 10 minutes and usually a couple of minutes to get confirmed. and for altcoins you have to wait for more confirmation to be sure. for example an alt which has a 30 second block creation you have to wait for 20 confirmation to be sure that there were no double spend, orphan, ....
2) if bitcoin goes up fees will be adjusted to match the price and it has already happened a couple of times. for example years ago fee per transaction was 0.01BTC because bitcoin was $1
3) I don't know where you brought that number from but the same thing is happening with altcoins too, they need mining also but since their price and usage are less there is less miners doing it.
4) you don't know what centralization means with bitcoin. google it.
and if you are so happy with alts then there is no need for asking this question here, go for it with what makes you comfortable. variety is one of the best things you can get with alts.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
November 11, 2016, 11:04:43 AM
#26
I think there is no other altcoin is the best only bitcoin is the best to use in crypto since many merchant are accepting for bitcoin unlike other altcoin but .
I think ETH has some merchant or site are accepting.. so it is good choice as alternative and you can use in gambling..
legendary
Activity: 1610
Merit: 1183
November 11, 2016, 11:00:39 AM
#25
It's going to be easy to answer: you should use whatever currency you want, it's really simple.

Of course, if you use bitcoin, you use the strongest currency and you are helping the whole crypto ecosystem by doing so. Bitcoin is the father of all currencies, if you help it you help the rest.
hero member
Activity: 1092
Merit: 500
November 11, 2016, 09:35:10 AM
#24
As everyone know, the second currency after Bitcoin is Ethereum, this coin achieved great success and surpassed many coins to reach the second place, as well as the second most adopted coin.

Indeed, eth actually overtake most of the altcoin in cryptocurrencies. And build also a big community in bitcoin world, even there is some member criticize ethereum but up to now it getting stronger.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
November 09, 2016, 11:44:41 AM
#23
Monero is your best pick.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 09, 2016, 02:03:08 AM
#22
I’m busy with a new reward base website.
I want to use a cryptocurrency other than bitcoin.
There is at the moment to many to choose from.
My aim is to get more people into cryptocurrency.
Which one will be the best to use and I also want to know why?
Your feedback will be appreciated.
Step one towards the coinmarketcap.com
Step two you can try for seeing about the number 1-10
and last you can choose one are make interested with it.

It's so simple but try for choosing the coin with huge market cap and volume. you can find the best in there.
1. Confirmation time takes too long. Most alt coins confirmation time is faster.
Depending with your input value, https://bitcoinfees.21.co/ will let you know about the best value to input.

2. Fees. If Bitcoins go up in value the fees will be higher. I’m not sure if the fees will change in the future.
No, i don't think so the fees are same, it's caused by the price is increase and the value is equal to USD will increase too.
3. Green. Bitcoin use over $300,000 worth of electricity per day.
But it's giving any effect for you?

4. The centralization of bitcoin. The harder algorithm and if the price do not go up then the more centralize bitcoin became.
From what you can call it centralization, to be honest how long time bitcoin already live?



full member
Activity: 238
Merit: 100
November 09, 2016, 12:44:16 AM
#21
Altcoins are mainly useful for trading purposes, and they have been worthwhile thus far.
legendary
Activity: 1400
Merit: 1001
November 09, 2016, 12:03:08 AM
#20
I’m busy with a new reward base website.
I want to use a cryptocurrency other than bitcoin.
There is at the moment to many to choose from.
My aim is to get more people into cryptocurrency.
Which one will be the best to use and I also want to know why?
Your feedback will be appreciated.
I am sorry, but I don't understand your point of view. You said that you want to bring more people to cryptocurrency. That's amazing.
Yet, you want to divide their attention and introduce them to various altcoins on top of that? Isn't this counterproductive?
Cryptos other that bitcoin has no real life use. They are mostly speculative assets.
hero member
Activity: 1092
Merit: 500
November 08, 2016, 11:07:32 PM
#19
As everyone know, the second currency after Bitcoin is Ethereum, this coin achieved great success and surpassed many coins to reach the second place, as well as the second most adopted coin.

IN some other point of your statement that is true and correct, Aside from what you said I don't hear any bad issue about in ethereum. Moreover ethereum in just a matter of short time eth surpassed Ltc and other altcoin that has been here for a years. So try to use it and it has many feature that it can give to any investors here.
legendary
Activity: 3178
Merit: 1054
November 08, 2016, 10:34:09 PM
#18
ETH perhaps is the most used this time. Most of the tokens being created these days are using ETH network and so if they are using it, you might as well do becuase most probably will dominate later.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 08, 2016, 09:43:33 PM
#17
Choose a real currency not an ICO scheme gimmick Ponzi profit system.

They call what ever is dumped in here for profit currencies but in reality they are all not.

The fact there is 7,000 ANN topics here roughly should answer every possible question anyone could ever have about "crypto"

Such as ? Which one to use ?
Me ? i'd be looking at coin #2 or coin #6 etc
Not coin no 6,213.
legendary
Activity: 3122
Merit: 1492
November 08, 2016, 07:29:58 PM
#16
There is no other cryptocoin to use except bitcoin if you really plan to set up a reward based website. You will be wasting your and your users' time by giving them something else. Also using another coin other than bitcoin will not attract that much people because most of them will prefer and make some effort to have it.

If you really want to use another coin, then use LTC because it is accepted in some gambling sites. XMR is also good because some Alphabay merchants accepts it as payment. I also think ETH is accepted in some gambling websites.
newbie
Activity: 29
Merit: 0
November 08, 2016, 02:56:39 PM
#15
ltc - stable and easy to cash out anywhere in large amounts.

Most websites will only accept btc or ltc at this point.

I think its a good one to start with indeed because its more stable and also more acceptable, due to the fact its more stable also less more risky than the other altcoins what is nice.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
November 08, 2016, 12:48:29 PM
#14
ltc - stable and easy to cash out anywhere in large amounts.

Most websites will only accept btc or ltc at this point.
newbie
Activity: 23
Merit: 0
November 07, 2016, 03:41:24 PM
#13
I don't know when you want to start running your website, but there is an on-going ICO "INCENT" it is loyalty tokens, the team seem to know what they want and should soothe what you are looking for because it seems designed for thesame purpose
Sometime next year.
Are it available on some exchange?
newbie
Activity: 23
Merit: 0
November 07, 2016, 03:13:20 PM
#12
I think aside from bitcoin, i can only give you some insights. First choose a coin that is easy to integrate with your site,with development  support whom you can communicate with whenever you encounter a problem.Also,chose a coin whom your clients prefers or has a bigger community support.

Thanks for the advice.  Just to get the right coin.
Busy with a short list then I’m going to see how the support is and create a pros and con list.
legendary
Activity: 2730
Merit: 1288
November 07, 2016, 03:03:11 PM
#11
I’m busy with a new reward base website.
I want to use a cryptocurrency other than bitcoin.
There is at the moment to many to choose from.
My aim is to get more people into cryptocurrency.
Which one will be the best to use and I also want to know why?
Your feedback will be appreciated.

You will most likely chose a BTC clone, since will be easier to implement on your website. But you dont really need another BTC there. Just stick with having only BTC and you will do fine.
But if you really want to have an altcoin on your website, chose Monero to give your users ability to pay secure, private, and untraceable. To get monero you will need to run an extra mile, since Monero is not just another BTC clone.   Similar effort you will need to make to implement ETH.
newbie
Activity: 23
Merit: 0
November 07, 2016, 03:02:09 PM
#10
I’m busy with a new reward base website.
I want to use a cryptocurrency other than bitcoin.
There is at the moment to many to choose from.
My aim is to get more people into cryptocurrency.
Which one will be the best to use and I also want to know why?
Your feedback will be appreciated.

Is there a reason why you wouldn't use bitcoin? I'm pretty sure BTC would result in the most users using your website.

That being said, you can probably use this site to find the best alternative: https://coinmarketcap.com/

If it was my project, i'd probably use BTC, followed by LTC, followed by monero (but that's just a personal opinion)

Although I think bitcoin is a great idea there are some problems why I do not want to use bitcoin.
1. Confirmation time takes too long. Most alt coins confirmation time is faster.
2. Fees. If Bitcoins go up in value the fees will be higher. I’m not sure if the fees will change in the future.
3. Green. Bitcoin use over $300,000 worth of electricity per day.
4. The centralization of bitcoin. The harder algorithm and if the price do not go up then the more centralise bitcoin became.
Most alt coins is not use and is only there for trading and pump and dump and do not have real economic value.
There are a lot of coins that are better than bitcoins and a few with real world usages.
I want to take one and see if I can give it real value and usages.
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