Personally, I believe that the essence of all altcoins is to create competition, or the appearance of competition, for bitcoin.
So far there is no serious competition for bitcoin thought, also many people still consider any altcoins to bitcoin as some kind of different classification. The altcoins market capitalization itself always circulating around the altcoins same goes to bitcoin market capitalization so I guess that the competition is for altcoin only. 
Topic: Are altcoins useless? - page 11. (Read 21993 times)
Personally, I believe that the essence of all altcoins is to create competition, or the appearance of competition, for bitcoin.
Altcoins are not entirely useless. I believe every project was launched purposely to solve a particular real world problem or challenge in the crypto space. Stellar is being used to send remittances. BNB is also the official coin for payment of services on the binance exchange.. I still think altcoins are worth investing.
The problem is that Bitcoin can be used for most of these purposes. Remittances can also be sent using Bitcoin. Then why we need Stellar and hundreds of other altcoins which were designed for this purpose? Why can't payments in the Binance exchange be made with Bitcoin or Ethereum? Is there a need for all the exchanges to create their own coin?
There are a lot of altcoins and shitcoins out there so be aware and be careful in what we are investing because a lot of scams are around us here in cryptocurrency but we can prevent them by not investing on their projects,so investors invest only in reliable project like Dencoin and this project is legit so trusted by other investors and you may try to invest here.
The primary role of most entire Altcoins instantly is aloof keeping to attaining profits on the other hand in the forthcoming, when the cryptocurreny marketplace many get, the pertinence of Altcoin desire be shown
Altcoins are not entirely useless. I believe every project was launched purposely to solve a particular real world problem or challenge in the crypto space. Stellar is being used to send remittances. BNB is also the official coin for payment of services on the binance exchange.. I still think altcoins are worth investing.
Agree. Speaking of altcoins, I believe that the ones that are most useful are exchange-based ones. Both BNB and KCS have performed well on the market for quite some time, while other altcoins have been stagnant in price. This is probably because, they have real utility than just pure speculation. These exchange-based coins can be used mostly for discounts when doing trades and earning dividends over time (like it's the case with KCS).
As for other altcoins on the market, their utility will greatly depend on their developers' effort, as well as, their community's support. If there's no adoption for a specific cryptocurrency, then it's doubtful that it'll be useful after all. Knowing that most altcoins are just quick money grabs by their devs, you should only seek for quality altcoins with a dedicated development team (like it's the case with Ethereum and Monero).
Nonetheless, crypto land changes at a fast pace. Which means, that some altcoins will become replaced by others which prove to be the next big thing in this emerging industry. Just my opinion
I think even if there are tons of altcoins, it is not useless because even popular altcoins started by not knowing significantly and later known and popularized, if there are tons of altcoins now, maybe several of them would shine in the near future or in the future market. So, there should not be useless altcoins.
It's not useless but so many altcoin are based on the speculation only and they have no utility usage or even accepted by the merchant to become a payment solution. I can tell you just like HNC coin which already accepted by so many hotels on greek. Altcoins are still lack of demand and if you are searching the one that can be the same as HNC and it looks so difficult to search that.
I think even if there are tons of altcoins, it is not useless because even popular altcoins started by not knowing significantly and later known and popularized, if there are tons of altcoins now, maybe several of them would shine in the near future or in the future market. So, there should not be useless altcoins.
Altcoins aren't useless, I personally think that our altcoin is pretty good...
https://digitalgem.wixsite.com/home
https://digitalgem.wixsite.com/home
Altcoins are not entirely useless. I believe every project was launched purposely to solve a particular real world problem or challenge in the crypto space. Stellar is being used to send remittances. BNB is also the official coin for payment of services on the binance exchange.. I still think altcoins are worth investing.
I don't agree with that , all altcoins are not useless, though we can't sometimes differentiate between the good altcoins to the shitty one. I personally i invest in top3 altcoin and a good project too.
At least few atlcoins have good use case, therefore altcoins are needed, although many altcoins are shitcoin without any purpose in the space, amongst all altcoins, there are little which are useful and solves problem in real life through the use of blockchain.
shitcoins will appear again and again but it doesn't mean that all altcoins are shitcoins. there are some good coins appeared from nowhere, for example EOS or BNB.
Now days we have more than 1 000 altcoins on the market. The question is, are people really using them? Frankly speaking only bitcoin, ethereum and monero are used for P2P payments. All others are used mainly for speculation purposes. Is it worth buying altcoins now days? I guess no, because all of them excluding tether are following bitcoin price chart. I mean if bitcoin is going up or down, altcoins are doing same. (Tether is connected to US dollar rate and used mainly for arbitrage trading purposes) So do we really need altcoins? Regarding platforms, only ethereum is mainly used, and mostly for creating ERC tokens. All others, like waves, neo, etc are used very rarely. Monero is used mosly for shady deals because it is untraceable. (I doubt about that, because one dude who opened a shop on a dark web for selling drugs was cached by police last week. For communication he used 3 level protected VPN and was accepting payments only in monero) https://www.wired.com/story/monero-privacy/ You can read about dark web here. https://www.techadvisor.co.uk/how-to/internet/dark-web-3593569/ days. The main question is: Do we really need altcoins? Or Bitcoin, Ethereum and Monero are enough for crypto comunity this days?
well not all altcoin is useless there are lot of altcoin that have different purposesome altcoin have their own marketplace, exchange , blogging , ads , gaming and many more
where you can use or earn their altcoin in there website
It depends on what is meant by the word “useful”, many coins from the top 100 do not do any good other than financial ones, and at the same time there are projects with a really high-quality product, but they are not in the top 100.
You will agree with me that, all altcoins where brought into the market by a project which has a product, so, any coin on the coinmarketcap is useful and most importantly has value compare to the ones not listed and worthless. Altcoins are useful when the project that brought them has a good product behind it. Top coins on CMC are the best coins at the moment.
One of the biggest use case is payment. Just look at the ripple. One of the best solution to replace western union. It will be big, believe me.
At least few atlcoins have good use case, therefore altcoins are needed, although many altcoins are shitcoin without any purpose in the space, amongst all altcoins, there are little which are useful and solves problem in real life through the use of blockchain.
I never thought that altcoin is useless, I rate the altcoin at this time has succeeded in enlivening the crypto market, and this is a positive value. whether or not the issue is used in P2P payments all depends on the team and support from investors.
Perhaps, to other crypto traders altcoins is useless only because they don't get any profit on it. If that is true, why they are still lot of traders continued buying altcoins? it means, buying coins need to make a research first before deciding to buy coins and We must also have a pattern to find out if it is legit or not, and if it is potential or not too.
the strategy that must be done is choosing an altcoin that has the potential to make a new choice. only altcoin does not have a price that is useless because it cannot generate profits especially scam coins. so choose and do an analysis before determining the purchase of an altcoin is a good choice 
I do not consider altcoins useless. But I want to note that there are a large number of coins on the market that the weather does not do. It just draws money from us, but this is the other side of the coin. The first is the one that says there are good projects in the market that are worth your investment.
I do not agree with the fact that the Altcoins are useless. If you take a trade on cryptocurrency exchanges. Having even a fairly small experience and time to analyze projects, you can earn. Altcoins behave with regards to prices, very unpredictable and this is of interest.
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