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Topic: Are altcoins useless? - page 26. (Read 21971 times)

full member
Activity: 1400
Merit: 103
April 16, 2019, 11:41:09 AM
In the last few months I have been using DogeCoin if I need to quickly transfer funds from one exchange to another. Fast transactions, and about the Commission does not make sense to talk)) So limit yourself to those coins that were mentioned in the first message does not make sense.
member
Activity: 296
Merit: 10
April 16, 2019, 11:30:27 AM
Maybe, without strict regulation makes anyone able to make coins, this is what makes the number of altcoins grow very fast compared to the number of investors, of course making intense competition and many altcoins useless.
too many altcoins don't develop on the market, it makes them just a display on the market. they are registered but do not have trading activities, it's just garbage. there are too many altcoins on the market, there must be regulations related to the growth of this altcoin, because if they are an asset without development it will not bring investment into the crypto market.
sr. member
Activity: 840
Merit: 252
April 16, 2019, 11:28:58 AM
No they are not. Altcoins are the branch of bitcoin and they have their own use and also they are the one who makes the cryptocurrency more interesting. Altcoins is one of the reason why bitcoin is now increasing and without them I guess the cryptocurrency world will not be complete.
sr. member
Activity: 518
Merit: 250
April 16, 2019, 11:26:20 AM
Maybe, without strict regulation makes anyone able to make coins, this is what makes the number of altcoins grow very fast compared to the number of investors, of course making intense competition and many altcoins useless.
member
Activity: 182
Merit: 10
April 16, 2019, 10:28:23 AM
Every altcoin in the market has some value. There is no altcoin worthless market. So I would say altcoin is never worth. There are prices of altogether altcoin. Some of altcoin's prices are much lower than the price of some altcoin. But there is no altcoin absolutely worthless. So we should invest in an altcoin. Because the price of an altcoin is greatly increased. Then profit from altcoin can be achieved. And now the use of altcoin is increasing day by day.

Thank you
member
Activity: 644
Merit: 10
April 16, 2019, 07:50:47 AM
The number of altcoins that are officially registered in the coinmarketcap is more than $ 2200, and will continue to increase because currently there are hundreds of ICO live, this aunt will have a bad impact because investors are confused about which altcoins are good.
full member
Activity: 1456
Merit: 148
April 16, 2019, 07:48:04 AM
Not all altcoins are useless because there are many altcoins with credible project and product attached with them. Take for example, Ethereum had be the king of altcoins with a smart contract project which is taking over the altcoins industry as of today. Hodling some altcoins like Ethereum are not useless.
member
Activity: 686
Merit: 12
April 16, 2019, 07:36:20 AM
Market and the fans' affection will decide who will really be the actual coin and will develop, or else it will fall into the dustbin of history.
Yes, out of 4k coins, probably about a few dozen of them offer something interesting.
legendary
Activity: 1596
Merit: 1011
April 16, 2019, 07:31:18 AM
Not all altcoin is useless because in fact there are some good coin nowadays despite of this current because of being have a strong structure behind. Which is it's up to you how to choose good project because only scam project nowadays is useless and turn into shitcoin always.
That's a good answer, there are still altcoins that have a good reputation and have developed it well. mathematically, indeed there are only a few good altcoins and the majority are on a bad track. the choice of us will determine what we will get, the decisions we make will determine what we will achieve in the future.
sr. member
Activity: 703
Merit: 250
April 16, 2019, 07:23:01 AM
Some of them really are, because there are so much shitcoins on the market and with their poor management and the lack of working solutions, maybe they will never take off from the bottom, so it can be better to sell them.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
April 16, 2019, 07:17:32 AM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

The number of altcoins that are too much in my opinion is a big problem, this brings competition that is so tight that many altcoins are dead and useless.
yes, they will gradually die off and others will appear, but while they are being traded, you need to use it, trading them and shifting the part to the main

The best thing is to always monitor the latest developments and issues, I regret that it has been inactive for more than 3 months and many of my altcoins are useless, it is better to invest in altcoins who enter the top 25 in the coinmarketcap.
i have bad experience while holding altcoin but not trying to find an update from developers team.suddenly my altcoin delisted from any exchange due they have problem with SEC.i am very regret with this condition and hope i will not repeat this mistakes.
sr. member
Activity: 579
Merit: 309
April 16, 2019, 07:09:10 AM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

The number of altcoins that are too much in my opinion is a big problem, this brings competition that is so tight that many altcoins are dead and useless.
yes, they will gradually die off and others will appear, but while they are being traded, you need to use it, trading them and shifting the part to the main

The best thing is to always monitor the latest developments and issues, I regret that it has been inactive for more than 3 months and many of my altcoins are useless, it is better to invest in altcoins who enter the top 25 in the coinmarketcap.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
April 16, 2019, 06:43:58 AM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

The number of altcoins that are too much in my opinion is a big problem, this brings competition that is so tight that many altcoins are dead and useless.
yes, they will gradually die off and others will appear, but while they are being traded, you need to use it, trading them and shifting the part to the main
hero member
Activity: 1358
Merit: 509
April 13, 2019, 07:46:43 PM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

The number of altcoins that are too much in my opinion is a big problem, this brings competition that is so tight that many altcoins are dead and useless.
Considering that Bitcoin is in very high step, that is normal. So, creating altcoin today is not a big problem. And considering this is a decentralized system, it is normal to have so much altcoin.
full member
Activity: 1484
Merit: 101
April 13, 2019, 07:42:34 PM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

The number of altcoins that are too much in my opinion is a big problem, this brings competition that is so tight that many altcoins are dead and useless.
legendary
Activity: 1596
Merit: 1034
April 13, 2019, 06:46:57 PM
I think bitcoin, ethereum, and monero are enough to use if we use it as a transaction tool. but, in the world of investment, The three coins will not be enough because the market needs more choices for investors or traders so that market activities continue to run smoothly. If there are only 3 cryptos on the market, a crypto market will experience minimal activity. So, the affirmation is that the 3 crypto transactions are enough.
full member
Activity: 1750
Merit: 118
April 13, 2019, 06:38:22 PM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.

What use ? For paying and buying ? Or in short as a currency use ?   Or maybe for investment ?   But bitcoin can do that already    .  what alts can do btc can also do  . only one altcoin is different and has a real unique usage  and that is eth because eth can be used as gas to trade alts and erc20 tokens  . eth can also be used for ico to create their own token  . overall,  id say 1 alt is useful and others are only a replica of btc 
member
Activity: 470
Merit: 12
April 13, 2019, 06:26:46 PM
That really depends on a purpose of a particular coin. If it is just a payment tool like BTC, LTC and Monero, I would not recommend holding it as there is very little potential to actually fulfill its usability. On the other hand, security tokens or other forms have a chance as every single coin stands behind a platform backed by a company, and many times it can be considered as a "stock." No one knows what is ahead of us, but some groups have better chance at succeeding than others. A part of them have a chance to make investors absolutely carefree and we should try to find at least a single one of them.
member
Activity: 560
Merit: 10
April 11, 2019, 04:12:26 PM
Yes, of course, many altcoins are actually useless ... But there are many altcoins that are widely used in everyday life. Not many projects have a finished product or platform for their coins.
member
Activity: 364
Merit: 10
April 11, 2019, 03:29:57 PM
No. There's no way I'm going to say that though cryptocurrency is filled with useless coins somehow. I still don't agree all altcoins are useless. Some are great.
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