Quote from: bassbity on September 07, 2018, 04:15:43 PM

Quote from: johna66 on January 20, 2018, 07:32:58 AM

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 youd rather stay in the fiat world youre 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.