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?
Every ICO project offers new coins that are used in the development of their platforms and it needs to be a form of healthy competition, so that it offers many choices in cryptocurrency. we can trade and invest with many choices to get profits 
Topic: Do we Need Altcoin? - page 39. (Read 23680 times)
Yes we do. Altcoin is an alternative cryptocurrency (to Bitcoin), and each alt offers its possibilities. Many altcoins are safer than BTC and their transactions are faster. They are more anonymous and you can use these coins for different purposes: for ICOs, buying/selling stuff in internet, even paying in restaurant!
I think altcoin is a very profitable investment, but we must be careful in choosing it. Altcoin can be very profitable in a short time because there are many altcoins that suddenly get a pump. therefore we must be able to capture the signal or analyze it correctly. but if you talk about security, I think Bitcoin is still the safest if it's for long-term investment. so the conclusion is that Altcoin is very good for trading and Bitcoin is perfect for long-term investments.
of course we need altcoins like ethereum because there are some digital wallets that require storing ethereum before making a transaction. and also now many good altcoins popping up like NEO and litecoin give us new variations in investing and these coins have a big presence to grow rapidly and become big. so I think yes we need altcoins. and for bounty hunters altoin is their income.
Yes we do. Altcoin is an alternative cryptocurrency (to Bitcoin), and each alt offers its possibilities. Many altcoins are safer than BTC and their transactions are faster. They are more anonymous and you can use these coins for different purposes: for ICOs, buying/selling stuff in internet, even paying in restaurant!
Thanks to other altcoins , new platforms and applications are emerging . Which are very useful for crypto
Yeah and nope. Yeah if you wanna get money in short term (in meantime you can have a big loss) . No if you dont like risks and you can hold bitcoin or ethereum in long-term.
Now, if there are not many altcoins, the crypto market will never be widely available, and in the near future cryptanalysis will be widespread and widely accepted in the world.
There are already over a thousand coins in the crypto market and I think many of them will perish but many of them will grow big too. Many of these coins have different specialties like Monero on privacy and some other coins are like stocks or share in their companies.
Yeah of course, atlcoins has a great reputations in the market and the community. Many of the altcoins are running smoothly and has a great potential to grow fast for a short period of time and it was affordable for every traders and holders.
Each altcoin has different projects. There are many great altcoins, so many people need to go to the other altcoins because they are boring old altcoins.
Just Try researching about those coins, you might be surprised on how they are used, not just for exchange or trading. this step get you information about coin so daily use give added value.
I think that such a huge world of cryptocurrencies is made up of different cryptocurrencies. No one can do anything, so I think even if we have bitcoin, bitcoin cash and bitcoin gold and B2X, I still Need other altcoin
Altcoins is also the reason why bitcoin is increasing, buying altcoin using bitcoin make its price to increase and the law of supply and demand. Investing in altcoin is way better than bitcoin, it is affordable to buy and have potential to increase its value.
I think that this market needs more good technology to join in, but there are a lot of new projects in this market that are just scams, so I think the whole market needs a rectification, and the industry will be able to develop better in the future.
Create new coins for various reasons. But the most popular is to make money from investors. Although there are, of course, enthusiasts seeking to bring some value to this world.
We really need altcoins because it has its own use which other coins don't have. Also, we don't just rely on these coins you mention above.
Traders don't buy only 1 or 2 type of coins, So we really need altcoins to build a better world of cryptocurrency.
Traders don't buy only 1 or 2 type of coins, So we really need altcoins to build a better world of cryptocurrency.
Why are many against new altcoins ? I think you're wrong . Thanks to them, we can earn on the bounty, on investment, on trade
yeah there are so many new altcoins everyday and most of them are useless but I think we want altcoins .because altcoins are innovations . like Ethereum and NEO are different from Bitcoin
Of course yes because we depend on them. Who ever invest on Bitcoin or Ethereum it's going to tell you that its a need for them.
Just like real money currencies. Crypto is not about bitcoin only, it will become boring if there are no altcoins. Altcoins have different features and purposes.
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