New Altcoins appear almost every day and are there any, among them, one who would attract the attention of a large number of people with their idea or finished product? I have not seen a single new and useful altcoin.
Therefore, in my opinion, most of the new altcoins are not needed.
Topic: Are altcoins useless? - page 20. (Read 21971 times)
I also think that this economy could subsist perfectly with a few cryptocurrencies, which in practice is happening tacitly: it is enough to check coinmarketcap to realize that only the first 10 cryptos occupy 90% of capitalization, while all the others have to subsist with only 10%.
Now, we must be aware that the vast majority of these listed altcoins are not true coins, but tokens, and in that case many of them do have a justification to be created to solve a problem or for a practical and very specific use.
Now, we must be aware that the vast majority of these listed altcoins are not true coins, but tokens, and in that case many of them do have a justification to be created to solve a problem or for a practical and very specific use.
Many out there are useless and they are just hanging in the crypto community for nothing positive. In addition there are also some strong alts coin that mean business from day one just get involve with those ones and you will see the worth of Altcoins. Unless you invest in these coins Altcoins will always be useless for you.
We can say altcoins are useless, they are good altcoins that has good potential that maintain the market value even with bear season. You just got to study the project in which you wanna invest in to.
Those that are specific with providing a form of payment system alone are in this category, there are so many crypto systems that are providing payment systems and bitcoin and etherium are already top on the list. Any altcoin that wishes to be useful should be more innovative and solve other real life problems aside being a payment processor.
Altcoins are also useful. It is they who grow and fall, they will help you earn in the long-term and short-term investment. But there are also useless as pacifiers, which no one needs.
That's True some of the altcoins are actually abandoned projects. The numbers of altcoins are just increasing almost everyday. New projects promising and not achieving.
People buy some coins like Neo or Nexty because there is fee charge for transferring tokens.
People buy some coins like Neo or Nexty because there is fee charge for transferring tokens.
Not all altcoins are useless. there are so many altcoins almost as good like bitcoin. it depend on the project and usage of the coin.
Most altocins that don't have a product look useless, this is what makes the project die because it doesn't have a clear purpose, altcoins that have products certainly can last for a long time.
Are altcoins are useless? How can you said that altcoins are useless? Don't you really know that some of altcoins have a great price or the value of some of the coins are really very huge? I started in altcoins and now I am earning very well so that how would you say that altcoins are useless? Stop thinking about that. If you think that altcoins are a stupid coins you can used it also as an investing in which you can invest it and earn well. Or make an investment and used it as a tool to play some games in order for you to play games and you can also earn money by just playing of it and because of that you are earning while playing.
Maybe for others altcoins are useless it is because some of it that they hold was down into zero value or no volume in the market.
But for me, altcoins here are like an opportunity were it can give profit to anyone here in the forum as long as the coins has a potential
strength in the market.
But for me, altcoins here are like an opportunity were it can give profit to anyone here in the forum as long as the coins has a potential
strength in the market.
There are a lot of Altcoins now, because someone wants to make money. They do not need as many of them, there is no need for them, especially since they are not stably much more than Ether and Bitcoin. Now everyone wants to release his alcoin and make a lot of money on investors. But it is better to stabilize bitcoin and ether more
I'm not sure, but the crypto market does not need thousands of coins and tokens. For the successful existence and development of the crypto market enough several hundred diverse coins. Therefore, I would remove all the coins that are not in the top 500.
I disagree, that depends on the number of demands, this market is improving as adoption is increasing, so we need more platform for better competition. There are bad projects of course but we can find legit as well, what we have to do is just to read some feed back and research on a certain project before using their or investing with them.
I'm not sure, but the crypto market does not need thousands of coins and tokens. For the successful existence and development of the crypto market enough several hundred diverse coins. Therefore, I would remove all the coins that are not in the top 500.
Altcoin can't be said to be useless, even though some are worthless now, with time when the crypto world is balanced, their values will increase, most of them have good use case. So I say they are not useless, traders make huge earnings trading altcoin.
All i see is that they will all be used some days, and those are for the real projects most of them all just starting on like the bitcoin and Co.
Altcoins have really done good than bad, I'm sure if not of altcoins someone like you and me won't be here today talking about crypto.
Altcoins have really done good than bad, I'm sure if not of altcoins someone like you and me won't be here today talking about crypto.
Not all altcoins are good and also not all altcoins ate good, some a completely scam while some are legit. Just some level of carefulness will help you.
I think it is rediculus to call altcoin useless. So many alts have potentials and use cases but only taking baby steps. However when the market becomes favourable these coins will probably offer their full utilities and then you will have a different topic to post
In the closed telegram channels they write that in the new algorithm of Monero, to which they recently switched, a hole was found that allows them to steal coins from the wallets created after the fork. Knowledgeable people reconfigured because of the possible sharp drop in the rate. But this is a secret !
Now a very large number of coins. And among them there really is useless. But I do not say that they are all useless. Just because you can create an incurable coinage. Create such that no one needs. But only fraudsters need.
I do not think that the Altcoins are useless.
Of course there are coins that cost nothing from the start and will not cost anything in the future.
But there are also coins that will bring you profit and even be able to multiply it if you choose the right strategy for investing.
Of course there are coins that cost nothing from the start and will not cost anything in the future.
But there are also coins that will bring you profit and even be able to multiply it if you choose the right strategy for investing.
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