Do we Need Altcoin? - page 100. | Bitcointalksearch.org

GlennChristopher

newbie

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Quote from: bit-emperor on November 23, 2017, 05:39:30 AM

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

My hopes are with PRG, as they are launching their first co working space, the idea is worth investing and I think that this is the best cannabis coin out there.

Other than that I believe in Alts that have a promising team are going to gain exponentially. Have a look at the following:

EOS, QTUM, AION, GAS, PRG and NEO

These are the projects that I’m going for, I have good hopes for these.

yokai21

jr. member

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yes we need altcoin because it's great to invest if you invest in altcoins.

beccer

newbie

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this is not a matter of need or not, but crypto gives everyone the freedom to make investments, as long as many people are drawn to ico then the new altcoin will still appear

prefontaine1982

member

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Quote from: sofiasalmon on April 29, 2018, 10:12:44 AM

Yes ofcourse I think it is good to engage some altcoins because they have all variety all of altcoins is profitable when goes up in the market. We need some altcoins to exchange in btc too.

There are some altcoins that have a real usage, all those altcoins are the ones that really need to be on this market. But yes, it is true that there are some coins that are not even worth it.

sofiasalmon

newbie

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Yes ofcourse I think it is good to engage some altcoins because they have all variety all of altcoins is profitable when goes up in the market. We need some altcoins to exchange in btc too.

yigga

full member

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Well, if you take this in consideration.. without ETHEREUM, there wouldn't be altcoins at this moment, well, at least, tokens.
Ethereum created the ecosystem of "creating a brand new token for every shit" and that is the reason of why there are 1000's of tokens on the market.

haithomz999

newbie

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We need diversity so that no coin will have an ultimate monopoly. These new coins are an improvement over the older coins. The world is a dynamic place and so this changes all the time

mammoniter

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Quote from: bit-emperor on November 23, 2017, 05:39:30 AM

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Yes we do, because most altcoins happens to have different function and uses that complements some unique services or just the value of the transactions itself. Bitcoiin cash and bitcoin gold are somewhat enclosed with bitcoin itself plus users and investors tend to have different kinds of altcoins in their portfolio instead on focusing on just one group.

lionheart78

legendary

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I dont really know if we need them but it is good they exist. Of one of the known coins in the market fails we still have options. And besides developers i think will never stop to develop new coins as it benefits them and others as well.

rozenkreitzer

member

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I think that altcoins can be compared with the moments of different states. There is a huge number of different countries, And every country has its own currency. It also happens with cryptocurrencies.

lulumiya

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we need subcoins because we can make more money in less time than subcoins. BitCoin is not giving this opportunity. a good opportunity to raise your money.

Maian

full member

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Yes wee need altcoins because there's so many useful altcoins like ethereum, we need eth to buy altcoins as a payment and you can't trade without altcoins and not everyone have funds to buy bitcoin.

musaonliner

member

Activity: 448

Merit: 10

obviously need altcoin because we do trading so need altcoin if i will not take altcoin then how i do trading? so if you need trading then must be need altcoin.

nakamura12

hero member

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Bitcoin Casino Est. 2013

Quote from: coolcountry on November 23, 2017, 05:44:32 AM

Sure, it increases variety. Think of it as different fiat currencies you may want to invest in. Just because the dollar and euro are the strongest currencies right now, doesn't mean other fiat currencies are not required?

I understand what your point is. Variety of altcoins is good and you can select an altcoin that suits you the best. There are some altcoins that is good in cashing out your altcoins. Think altcoins as mini bitcoin, in each coin there are lots of disadvantages and advantages. Choosing variety of coins will hekp which coin suit you the best and soon use it for transactions. Even bitcoin has disadvantages that won't help you in the future.

Krabat

member

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Of course, the world needs all these countless types of coins. First of all, this is necessary because the Cryptocurrency is a new developing industry. Must pass many more years before everything falls into place.

DrYe5

sr. member

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Merit: 250

Quote from: ViceKing on April 26, 2018, 01:48:15 PM

Well i think that these altcoins are the alternative cryptocurrencies launched after the success of Bitcoin.When something grows it won't be valued, but the same when grow competing with something else surely the growth makes it stand apart from the rest.

Altcoins with a strong community can do particularly well. In some cases, a community builder will work alongside the coin's technical mastermind, focusing on marshalling a group of people together and making things happen. It's hard not to respect these coins.

Bilipus

jr. member

Activity: 224

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We need diversity so that no coin will have an ultimate monopoly. These new coins are an improvement over the older coins. The world is a dynamic place and so this changes all the time

ohlawdy

full member

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- "Bitcore (BTX) - The Future is Now"

I think so because they bring the new technologies to the table , bitcoin is what it is and won't advance much further. While with eth for example we have seen what is possible if you build further on bitcoins tech.

yinoye

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Quote from: bit-emperor on November 23, 2017, 05:39:30 AM

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Of course we need altcoins. New Cryptos ideas and innovations will tend to come out often nowadays and the devs will want to make use of the blockchain tech to express themselves. The only problem is that there will also be some abusers of the tech.

ViceKing

newbie

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Well i think that these altcoins are the alternative cryptocurrencies launched after the success of Bitcoin.When something grows it won't be valued, but the same when grow competing with something else surely the growth makes it stand apart from the rest.

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