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Topic: Do we Need Altcoin? - page 33. (Read 23678 times)

newbie
Activity: 29
Merit: 0
August 25, 2018, 01:07:36 PM
Obviously, we need alt coin... After all we are in this field to earn more money only... There are lot of alt coin where we can invest and get good amount of profit.
jr. member
Activity: 70
Merit: 1
August 25, 2018, 01:06:13 PM
YES!!  The world need altcoin   Roll Eyes
jr. member
Activity: 224
Merit: 1
August 25, 2018, 01:04:43 PM
If there is ONE coin that can be as effective, fast and cheap as the coins that are leaders of the market, we don't need all this diversity on the market.Bitcoin, Ethereum, NEO, Ripple, Dash, etc - they all have some features that compromise the attitude of investors.
but the main reason is that altcoins are complementary to bitcoin in terms of functionality and usability because there are some things that altcoin can do better than bitcoin, such as lower transaction costs and so on. In the course of time many altcoins will be eliminated because they lose competition compared to other altcoins
newbie
Activity: 154
Merit: 0
August 25, 2018, 12:55:50 PM
It's like if we want to be a reliable trader then takes altcoin. even if possible, a collection of many of the coins will be very helpful. With the more often we do, then the trading capabilities are also increasingly good. To invest in ICO also need altcoin. Thus altcoin for me is important.
full member
Activity: 518
Merit: 101
August 25, 2018, 12:54:47 PM
Yes, there are so many altcoins in crypto and more of them are still coming in. Though some of them are legit but there are some of them that are not potential and do not have good developer and team members to support them but I think there should be a regulation that will monitor the altcoins coming into crypto and ensure they are potential.

Naturally, we need altcoins. They give everybody a chance to enter the market even with the smallest amount of money. Many tokens are very cheap they can give a good income.
newbie
Activity: 89
Merit: 0
August 25, 2018, 12:18:54 PM
That's why when first launched, the new Altcoin requires a pretty good narrative exposure. Describes the new Altcoin description. Until able to make the community believe and adopt. A good narrative exposure, an open and clear system, can make the community think of it as a valuable coin in the future.
full member
Activity: 302
Merit: 100
August 25, 2018, 12:16:40 PM
Of course, we need. Monopoly in the market is bad. Monopolized product has no incentive for development. And competition promotes development upwards.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
August 25, 2018, 12:01:56 PM
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?
Altcoins are really cool when you see great innovations and we cannot do without them. Existing projects are going decentralized everyday and these are the altcoin... So we need them
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
August 25, 2018, 11:54:38 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?
Basically, if there is ONE coin that can be as effective, fast and cheap as the coins that are leaders of the market, we don't need all this diversity on the market.
Bitcoin, Ethereum, NEO, Ripple, Dash, etc - they all have some features that compromise the attitude of investors.
member
Activity: 406
Merit: 14
🚀🚀 ATHERO.IO 🚀🚀
August 25, 2018, 11:40:24 AM
Probably yes because there may altcoin does have a good project to offer the people and it may really useful to use since there are many projects offer different services that would really benefit you or meet your needs.
maybe if the project can benefit our lives directly, there will be many investors who will be interested in joining the project, because then it will be mutually beneficial for us and the project
member
Activity: 206
Merit: 11
August 25, 2018, 11:32:52 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 need altcoins for several reasons, but the main reason is that altcoins are complementary to bitcoin in terms of functionality and usability because there are some things that altcoin can do better than bitcoin, such as lower transaction costs and so on. In the course of time many altcoins will be eliminated because they lose competition compared to other altcoins or because projects that are running fail.
member
Activity: 185
Merit: 10
August 25, 2018, 11:26:24 AM
Probably yes because there may altcoin does have a good project to offer the people and it may really useful to use since there are many projects offer different services that would really benefit you or meet your needs.
sr. member
Activity: 926
Merit: 256
August 25, 2018, 11:22:45 AM
in my opinion altcoin is needed because of the emergence of altcoins means there is a development in cryptocurrency that aims to facilitate the community in real life the most important thing is that altcoins have a positive impact on society
member
Activity: 105
Merit: 11
August 25, 2018, 11:19:41 AM
Variety of coins makes crypto market big. If there were no altcoins, traders would not have work to do. Every token has a right to exist because it's not only a paying tool but also a share in the campaign.
member
Activity: 294
Merit: 10
August 25, 2018, 11:13:08 AM
Many of them offer alternative technical capabilities that Bitcoin does not have. But the main reason is the increased diversity in the market.
member
Activity: 158
Merit: 14
August 25, 2018, 11:10:49 AM
" Alts create a playground for testing features and concepts that would never make their way quickly into bitcoin"
The technical reason is that Bitcoin has inherent problems due to its design, and people feel they can improve on it. For example, Bitcoin transactions have high fees and can take a significant amount of time to process, so some altcoins are designed to have lower fees and faster processing times.

Read more : https://www.howtogeek.com/341972/what-are-altcoins-and-why-do-they-exist/
sr. member
Activity: 658
Merit: 250
August 25, 2018, 09:59:01 AM
Yes, we need altcoin in crypto to make more profit on our coin. If you have little money, you can invest it n altcoin as long as it has potential and hold it for long term to yield profit
newbie
Activity: 55
Merit: 0
August 25, 2018, 09:55:39 AM
Most of altcoins have nothings special and people do not need those altcoins. People just need those coins products and holding these altcoins will help investors get profit base on product succee.

You are absolutely right. Most of the altcoins have nothing special and a lot of them are actually useless. But we don't know which project will be successful and which is going to be failure. We can say that most of the altcoins are useless now, but not when they were made it.

With altcoins, we can earn 100x. And bitcoin will only grow 5x.
Having a small deposit you need to invest in new coins that would increase your money
full member
Activity: 502
Merit: 100
August 25, 2018, 09:48:44 AM
Most of altcoins have nothings special and people do not need those altcoins. People just need those coins products and holding these altcoins will help investors get profit base on product succee.

You are absolutely right. Most of the altcoins have nothing special and a lot of them are actually useless. But we don't know which project will be successful and which is going to be failure. We can say that most of the altcoins are useless now, but not when they were made it.

For me I need altcoin, because in altcoin you can earn more profit, yes in bitcoin you can have profit but it can be more double or tipple if you invested your money in some altcoin and that is the reason why I need altcoin in my life because I need to earn huge profit.
newbie
Activity: 93
Merit: 0
August 25, 2018, 09:41:37 AM
the many business and investment platforms are driving the emergence of new altcoins under the ethereum blockchain. this platform will be tested by the market and the customer is worthy to continue to grow and develop or vice versa. this is important for the advancement of the business platform
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