Topic: Are altcoins useless? - page 3. (Read 21982 times)

I don't think so. Cause in this market most of the coins are altcoins. I know the most of the marketcap is hold by bitcoin. But still many altcoin has great value and marketcap. And the most interesting thing is with almost all coin a project works. And with altcoins a lot of new and innovative project coming to the market. I know many of them are scam or failed project. But many of them working hard to make this ecosystem great. So I think altcoins are very much mandatory for this market. Not all of them but which ones who backed by great project.

why would altcoins be classified as useless? Upon what criteria would that be considered? Altcoins can never be classified as useless and the fact that most altcoins shows no significant growth or progress does not mean altcoins are useless. Before you think of considering altcoins as useless, think about where bitcoin started and where it is now. It is a matter of time and process and altcoins will soon be classified in a more better way.

Altcoins can't be useless. Altcoins help Bitcoin to develop. Just remember that many Bitcoin update features were previously tested on altcoins. For example SegWit was tested on LTC and earlier on FTC.
So at least altcoins will be a test platform for further development of Main cryptocurrency

Well, since there is Ethereum, then there is its ecosystem. So there will be other tokens on the Ethereum platform. But do we need other blockchains? Let's see, it's just that almost everyone comes out on the Ethereum platform anyway.

in fact, a very large number of bitcoins actually working just need to be properly used.  Well, not without command coins, of course, but there are a lot of good coins indeed.

Some altcoins are really useless, but there are also working and actual coins in which a lot of people invest, but there are much more non-working projects

If altcoin is useless, people won't invest in it. Now there are so many altcoins and will always increase every day. So of the many altcoins there must be altcoins that are really useless and some are useful. That's a very different way of looking at each altcoin.

most of people should to learn what is security tokens and utility tokens. plus necessary to understand that vevery bisess needs time to grow.

To me thither are cardinal kinds of altcoin, the primary altcoins and the shitcoins. Whether you hold the shitcoins so you' system on your have as it has no forthcoming. It ballplayer be relisted close to interchanges without whatever concern which sanctions you suspension. Any altcoins are forming impression with big abundance in aggregate interchange. It's instantly remaining to you to analysis and put in the equitable altcoins.

Altcoins are similar an assets in a propose. Whether you think in a propose so you aid it. Each move ahead to spread. Whether thither are just 2-3 specie, it desire be a monopoly.

Bunco alts are each vain. On the other hand assume 't discarded each alt currencies. As various Alts get exclusive target and any layouts are disentangling various troubles in crypto planet. Actually any propose are seeking to create crypto lawful and simply useable in our valid being. So that propose are not vain. Added item that freshly nearly of the swindler are seeking to shoplifting cash from humans. So we should knowing of determining whatever legit propose. Thanks

we must also take into account the fact that many projects in the cryptocurrency market are supported by speculators themselves.  This rush was a coin that can be generated artificially in order to later make a good profit.  So you need to be careful when choosing altcoin for investment.

The idea of altcoin is to serve other purposes that bitcoin cant handle. Some altcoin are doing well with the products and teams that understand the space. The important thing about any coin is how it could drive volumes by traders, cause investors want to make money and traders want do business with coin that earns profit also.

I also do not think 90% of Altcoins are useless, because it is the main instrument for trading in the cryptocurrency market. I think soon we will see a big increase in the Altcoins.

In fact, how to see it. Because there are and useful and is useless. It already depends on how well you focus on the market. And with how many coins you are familiar.

Indeed, there are many worthy altcoins as well as scam projects. It becomes clear who's who for a long period of time. But even shitcoins can give a good profit in a short-term period.

I am basing my answer as whether alternative cryptocurrencies have value or if it is worth buying based on my own experiences. My experience is mostly as a bounty hunter and doing small trades on many campaigns and exchanges for years now would guarantee me that the coins you mentioned are not the only ones that are used in the market. Many altcoins have value, however small that might be. And as long as you get profit from it, however small the profit might be, then that means the altcoin is being utilized and being trusted by many.

Personally, I do not see anything bad in the fact that altcoins are developing and I consider this to be a laudable deed.  Of course, not without shitty coins.  They are always there.  But all the same Altcoins are very profitable coins.

Probably. Knowing that Bitcoin cannot handle all of the world's transactions, should pave the way towards altcoins' success in the future. Nowadays, there's an altcoin for nearly everything we need such as privacy, scalability, and more. Whereas Bitcoin cannot fulfill certain tasks, altcoins will serve well their purpose within the mainstream world.

Still though, the competition is getting fierce each day. With Bitcoin's inception of the Lightning Network, it could render most altcoins useless. While only a few will remain actively supported and traded across several crypto exchanges, Bitcoin will still remain in the lead as a cryptocurrency for micropayments and long-term, reliable investments. Good altcoins that will become extremely useful for the future would be: Ethereum, Monero, IOTA, and Stellar. Not only they're within the top rankings in market cap, but they're also actively developed and supported by their communities and dev teams.

Nonetheless, while most altcoins are useless, there are still a few which are quite useful for the mainstream world. The mentioned alts fit the bill nicely, although they might not be the definitive ones for years to come. You'd just have to consistently do a research to determine which alts are useful and which are not. Just my thoughts

Of line, altcoins are needful, as everyone associated to a definite corporation and blend consumers on rostrum representing forming prices... thither are bare altcoins that achieve not hold whatever semantic dilute, on the other hand not each are similar that..I anticipate faint altcoins desire be excluded in the forthcoming, on the other hand to add that altcoins are unneeded is at littlest not apt