Topic: Do we Need Altcoin? - page 81. (Read 23653 times)
No offense but this is a silly question. The coins that you listed are mostly forks and do almost the same thing that Bitcoin does. What if there is a problem in real world that Bitcoin forks don't solve than don't you think that there needs to be an altcoin developed that solves that problem.
The greater probability that some of them will cost much more than bitcoin will be more convenient and safer. Altcoins appear in the process of improving the technology of crypto currency, and therefore, certainly, we should invest in them.
The product that underlies the creation of each new altcoin should be useful. if this is really a real mechanism that can be used in various sectors of life, then it is necessary, then this altcoin will be promising and important for people.
They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General
Why do you think so? At the moment there are useless altcoins, and those that are not used in our lives, but among the whole number there are also those that have already announced themselves, and the technologies of which are already used. 
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?
There are a lot of altcoins with a specific purpose such as ETH and XMR. Bitcoin or its forks are not suitable for the purposes meant by these coins. So I should say that there is a need for these coins in the crypto-market.
They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General
those are become more and more rare to be honest. If a company is shit, people are not going to buy anymore. Investors have become more careful after the latest crash, more of them are now looking for intrinsic value instead of pump coins. Projects like Vechain, Aion, sonm, stratis, waves, ... are the lifeblood of altcoins
They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General
of course, you need it as in the real world where there are many currencies , and the main dollar , also in the cryptocurrency bitcoin is the main, and the rest look at it
We still need altcoins despite the fact that bitcoin ETH btc and other can perform most of the function we need in our digital life because the are other altcoins which perform specific functions aside what the major coin can offer such coins are referred to as utility tokens their performs the unique functions ascribed to them by the developer's and are some how centralized. And that gives us more options in our digital life.
of course, we need altcoins because they're often much faster at making transactions. for example I like the coin litecoin. he has very fast translations with a lot of volume.
I believe that we need. Blockchain on developmental styles, each project works on coins. If it is perspective, then consequently there is a sense in the coin. Undoubtedly most of them will soon disappear, but some will remain and can well cost the market.
With the presence of new altcoins that appear every day it signals the market demand for crypto is increasing. Moreover, we can not only rely on bitcoin, bitcoincash and bitcoin gold to benefit. We need something else to make a profit. the presence of new altcoin answered the need.
currently, I use Bitcoin for investment, for trading I use Bitcoin. so if every new Altcoin grows, I think it's great for trade to enjoy the sensation of flash "pump and dump" every day
Yeah you're right, Its better to have many altcoins which many bounty of course and because of that we can join and bounty rewards. I can't yet truly know how to answer this topic, since I'm new here In cryptocurrency.
Yes of course we really need an altcoin, it is the next future currency of the internet. It might the most useful in the near future.
Actually, our need for altcoin depends on the technology offered by the altcoin. I understand there is no single crypto currency that could include all transaction functions. Therefore, I emphasize if the new altcoin has a technological capability that can greatly assist human activity then we must welcome the presence of the new altcoin openly. However, if the presence of the new altcoin is only a technological duplication of altcoin before then I think that there is no need for new altcoin presence.
currently, I use Bitcoin for investment, for trading I use Bitcoin. so if every new Altcoin grows, I think it's great for trade to enjoy the sensation of flash "pump and dump" every day
Is a very nice question that you have asked. Though we have bitcoin cash and the likes but i think we still need other altcoins. The only problem associated with the introduction of a lot of altcoins is the scams. If we are able to eliminate the scam out of the system then is good we get a lot of altcoins to boost the crypto market
Each country has their own currency which we cannot use another currency for purchases, so in this way, altcoin is the future currency if the company has huge potential because of the major currency will always remain but in order to buy their product, we can use either their concerned altcoins and fiat currency.
Altcoins are in the market whether we like it or not , Some of them are scam , most of them are useless but some of them are necessary to improve cryptocurrencies world , POS and DPOS algorithm has been introduced by altcoins , without them , we needed to waist a lot of energy to verify transactions in POW network like the algorithm of bitcoin and increasing energy wasting means increasing global warming.
Yes we do need altcoin because if the bitcoin was too high or too low we need alternative as well by doing so can make our lives easier than a single coin so altcoin is a need for us crypto traders and also for those who want to sharw their ideas
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