Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Domithra on April 02, 2018, 12:15:25 PM
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Although Dogecoin was started on the grounds of "jokes", now it has gained much roots and offers some advantages over Bitcoin:
1. Stability amidst Market Turmoil: The market price and overall market capitalization do not fluctuate as much as that of Bitcoin. By the end of February 2018, Bitcoin’s price plummeted significantly and went below the $10,000 mark. The incident affected the entire cryptocurrency market severely with a few exceptions. Dogecoin was among those exceptions as its algorithm does not depend on Bitcoin.
2. Faster Transaction: Dogecoin takes lesser time than Bitcoin for block processing. As a result, the transaction speed is a lot faster in case of this cryptocurrency.
3. Convenience: Apart from a faster transaction system, the transaction fee is significantly lower for Dogecoin. This broadens the range of investors and users who are about to get involved in the crypto-market.
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For now Doge is more faster in terms of tx than btc, but next few years if it will pop. Then it will be slower.
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I prefer to use doge for a transaction
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the advantages of dogecoin There is no maximum and minimum limits in shipping transactions and the cost is cheaper as stable in comparison with other crypto
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Another plus is there is no minimum and maximum limit of delivery transactions, and the cost of delivery between the wallet was low around 1-5 doge, depending on the size of the delivery.
And the accepted transaction takes only about 5 seconds -15 minutes. Faster than other crypto coins.
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Another plus of Dogecoin is its cheap price. With a cheap price, with a little money to buy Dogecoin, we can get a lot. Meanwhile, if we sell by taking a profit of 1 point, we will get a promising advantage.
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i know dogecoin for 2 main benefit, cheap and fast transaction for arbit, and the price is enough stable among others altcoin, but im a little worried about supply. I hope doge can shine again one day and making new ATH, 1000sat maybe :)
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Doge has a more friendly community which is less about greed and more about tipping, learning, and fun memes. Bitcoin is about trades, greed, and scams so more caution is needed
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the advantage of dogecoin compared to bitcoin is that it is located in the transaction fee or fee, if the discounted fee is very much cheaper than bitcoin.
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The growth is so strong, yet so many places still don't accept dogecoin, or don't have it in exchange pairs. I have to use dogecoin to litecoin exchanging in order to store and move dogecoins sometimes, and it still works. Its fast enough to be used in stores I think, especially in convenience stores for gas and cigarettes.
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Transaction costs are significantly lower for Dogecoin. This broadens the reach of investors and users who will be involved in the crypto.In spite of a faster transaction system, and a system that is not inferior to other coins.
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each coin has its advantages and disadvantages, and dogecoin has advantages about speed and also very cheap costs compared to bitcoin.
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Bitcoin is about trade, greed, and fraud so it needs more attention. While Doge has a more friendly community that is less about greed and more about tips, fun learning.
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Such a cheap transaction from Doge.
If a Bitcoin transaction requires a minimum fee of around 50,000 satoshi, then it is much cheaper with a DOGE coin that every time the transaction is only subject to a fee of around 18 DOGE.
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The advantages of Doge coins from Bitcoin, of course, Doge transaction fees are very cheap, I often use doge to withdraw my money. other than that the advantages of doge are easy to mine, and also the price is cheaper so we can easily get it.
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Bitcoin is about trade, greed, and fraud so it needs more attention. The dialogue has a friendlier community that is less about greed and more about fun tips, learning, and memes.
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I think every coin has their own advantages and disadvantages, and I think dogecoin also has the advantages of bitcoin, and the speed and low transaction costs are the advantages of dogecoin.