Promoting cryptocurrency through altcoin

bohr

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Many of those coins do not do anything that bitcoin could not do on its own so it is completely understandable why people do not take them seriously, this market will not be completely about bitcoin all the time if we had altcoins that were good and were indispensable as you say, but that is not the reality of this market, even the second best coin in the market which is ethereum and that its main function is to offer smart contracts doesn't really do anything that bitcoin could not do because you can also create smart contracts on bitcoin.

Bonenx14

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Quote from: crossabdd on December 22, 2019, 05:38:58 AM

actually it is very good if there are many variants of crypto currencies in the crypto industry. but the problem is that most of altcoin is a scam. and a few others are struggling to get space in crypto. by making many uses and benefits in the real world. altcoin projects are always created. and that made people start to know crypto. but the bad side. when beginners are trying to understand altcoin. many projects are only looking for profit for a moment. so people always assume crypto and bitcoin are scammer sheds.

if the development of altcoin goes well then I think altcoin could be a beginner's introduction to crypto. but unfortunately most new altcoin projects don't provide that and because very few beginner experiences make them consider all crypto spaces to be fraudulent and maybe only a small proportion continue to explore crypto

crossabdd

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actually it is very good if there are many variants of crypto currencies in the crypto industry. but the problem is that most of altcoin is a scam. and a few others are struggling to get space in crypto. by making many uses and benefits in the real world. altcoin projects are always created. and that made people start to know crypto. but the bad side. when beginners are trying to understand altcoin. many projects are only looking for profit for a moment. so people always assume crypto and bitcoin are scammer sheds.

barabarian1

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yes you are right op the first thing heard about cryptocurrency is bitcoin. because bitcoin is the first, main coin and has the most expensive price of all coins. so don't be surprised if almost everyone knows cryptocurrency from bitcoin. and in my opinion it is rather difficult to promote altcoin because the amount of altcoin is too much and also the value of altcoin always follows the bitcoin price movements. but some crypto investors when they feel comfortable investing in bitcoin then they will also invest in altcoin later. because they already understand about cryptocurrency broadly.

inanilujimi

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The most important thing is the use of altcoin for a long time and carried out in everyday life such as gambling, and games have a lot of user interest.
And can always take advantage of every opportunity that exists with a lot of innovation so as not to lag behind technological advancements.

starblocks

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Bitcoin should be the primary focus for investors when entering the cryptocurrency space as a new investor, but once they are comfortable and have learnt enough about the other top ranked alternatives its always ideal to diversify a little to ensure you have a balanced portfolio comprised of both low and moderate risk assets so you can take full advantage of the variety that's available and what it has to offer

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Quote from: Aabcde on December 20, 2019, 05:47:30 AM

Introducing cryptocurrency through altcoin is possible. But the problem is the amount of altcoin is very much so that it is somewhat confusing for ordinary people. On the other hand altcoin tends to be a scam. I think it's better to introduce it via bitcoin itself. Everyone must have heard even though they might not have looked deeper. The real use case I think is only a matter of payment methods. And bitcoin can go into any domain, health, animal husbandry, e-commerce, etc. as long as they really want to use the blockchain.

correct, amount of altcoin is quite a lot, But we can introduce altcoin which has a good reputation to the community, Like ETH, XRP, WAVES and coins that have a high ranking in coinmarketcap. we can introduce some altcoins that have a close relationship in this life such as altcoins which have fast shipping transactions, altcoin which is engaged in gaming, of course the public will more easily understand about the performance of Altcoin.

biddicoin

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1 Bitcoin price affects more in altcoin price

2 Bitcoin is a piooner in cryptocurrency

3 Bitcoin is a basic code which initiate others coin

4 most of altcoin is just a 'token'

So, I think it would be harder to promote altcoin itself. we have to teach about Bitcoin, then altcoin

stephanirain

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Altcoins really do reach out the other facets of the society and really do shape the society to take another step towards another era. Even though bitcoin is a lot more popular than the crypto industry itself to the commons right now, it is the duty of many altcoins to educate them and tell them that this industry do exist and functions well to aid many other industries through blockchain technology.

TinaK

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Cryptocurrency are mutually beneficial when it goes to trading field but for marketing if they have any platform to boom the things ahead among the crypto users.
We will find the growth in the market.
Promotion is based on the place where it has been reach to the people.

ije07

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and that is indeed the same as what I felt before getting to know more about cryptoqurrency, because the first thing I knew was bitcoin. This is not strange to anyone but different from altcoin who rarely know. but whatever it is, if someone knows bitcoin then someone can get to know the other altcoins. the crypto space is full of altcoin and for me only a few will survive in the market and some can be profitable for long-term investment.

Zionatin

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The problem is that many of these altcoins have no use. They make promises there will be uses. you can buy this and that and support that or this and buy and sell gaming items. It never really gets to that. It very rarely ever gets passed the initial distribution stage. Until people stop supporting these projects this will continue to happen. If they supported better projects the bad ones would die out and then maybe we will find ourselves with some useable crypto other then speculation.

Amel

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Quote from: Hamphser on December 21, 2019, 12:15:06 PM

Quote from: ?? on ??

I remember IQeon back in the days where it was specializing games. I joined their bounty program long time ago but I didn't stay due to fear of scams those days.
Bitcoin is a dominant crypto, that becomes a good and bad thing for investors. They're not looking for other coins to invest anymore because they feel safe in investing in a single coin and I think that mindset isn't uncommon but sometimes it is just getting harder to invest in worthy coins.

That's why diversification is recommended if you want to invest in any cryptocurrency but before that, one must understand what he is dealing with because investment in cryptocurrency is too much risk. Bitcoin is the common cryptocurrency that people know because this is the only one that survive in all of the scam projects before. A true father of all the cryptocurrency.

Diversification is necessary if investing in altcoin but it is not necessary if investing in bitcoin because altcoin always correlates with bitcoin.

Not a true father, but rather a true mother because bitcoin has given birth to a variety of new coins.

MancyZz

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

it good for start promoting altcoins for new user. indeed user and investor more trusted with bitcoin than altcoins, in my opinion it because altcoins price more extreme than bitcoin, altcoin price tend to stable and difficult to rise Except bitcoin increase price then following by altcoins
so alright need to promote altcoin for investor and especially new comer or new user that altcoins is worth it

ven7net

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Pay attention to the dominance of Bitcoin and you will see the addiction and understand why everything is so bad with altcoins. I believe that the problem is that initially there was one BTC cryptocurrency and for its support and development it was necessary to accept it in the world. However, not everything is so simple and altcoins were created for the distribution of BTC, with the help of which you can maintain the existence of BTC and manipulate its price without using your own funds. In general, not many altcoins will be successful, since everything here is interconnected and tied to BTC.

boris singer

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beneficial things can be promoted such as faster transactions with relatively cheap fees for transactions between wallets, many coins that can be applied like trx and bnb. Although in the end they will also remain interested in bitcoin, but they will realize that bitcoin is better treated as a long-term asset. There are many ways you can do, but it is better to promote altcoin which already has a reputation.

Obito

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Alternative coins just seeks to improve Bitcoin's success. It is that what most people recognized is that bitcoin as it holds the most or the most highest price in the market. If people were to recognize the purpose of alternative coins on why they have been created they will be recognized much more the essence deep behind the creation of altcoins.

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There are thousands of altcoin in the market but only few of them are useful and even crypto people are having hard times to choose a good altcoin so I think it will be more harder for a normal people to learn about altcoins though OP's intention is good towards mass adoption for cryptocurrency.

Hamphser

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Quote from: ?? on ??

I remember IQeon back in the days where it was specializing games. I joined their bounty program long time ago but I didn't stay due to fear of scams those days.
Bitcoin is a dominant crypto, that becomes a good and bad thing for investors. They're not looking for other coins to invest anymore because they feel safe in investing in a single coin and I think that mindset isn't uncommon but sometimes it is just getting harder to invest in worthy coins.

That's why diversification is recommended if you want to invest in any cryptocurrency but before that, one must understand what he is dealing with because investment in cryptocurrency is too much risk. Bitcoin is the common cryptocurrency that people know because this is the only one that survive in all of the scam projects before. A true father of all the cryptocurrency.

davinchi

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People will become more interested in altcoins when big names start taking up responsibility and creating their own altcoins. I believe that what people want most is a brand they can trust and nothing more. Nobody wants an altcoin that will turn out tomorrow to become trash and a waste of money. Just imagine that Facebook is released and the number of people that will be ready to adopt it. Other altcoins are usually a disappointment and that's the reason why a lot of people are not interested. The only altcoins that are very good in the market are the top altcoins just like the Ethereum.

In some sense, already altcoins are doing that job of attracting new people into crypto space by promising short term good returns but due to lots of fake promises, it is going in different direction. I believe altcoins are here exactly for the purpose of promoting cryptos to new people and those people will slowly start adopting bitcoins over the time.

qwizzie

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Quote from: tsaroz on December 19, 2019, 07:38:35 AM

Bitcoin no longer can be the face of cryptocurrency as it has become a rare asset to hold.
Currency should be easily used and transacted for trades and deals. People could buy bitcoin after being familiar with crypto but most of them won't even try a crypto if their first experience of crypto was costly and late.

Of course this does not help Bitcoin / Bitcoin Cash either : https://dashnews.org/bitcoin-and-bitcoin-cash-to-be-dropped-at-400-australian-merchants-post-double-spend-exploit/
How can Bitcoin be the face of cryptocurrency, when it has a double-spend exploit Roll Eyes

If people really want to promote cryptocurrency, they need to setup grassroot movements in those countries that are suffering from high inflation / hyperinflation
and educate the people there on the ground on how a (payment-focussed) cryptocurrency works (Dash for example) and how such a cryptocurrency can be used for everyday purchases.
That is where real adoption takes place and where promotion is needed.

letyouearn

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

The main problem is that we still don't have vast variety of good altcoin projects with real working products. Just a pile of crap that people use trying to get rich fast

DoublerHunter

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When you are talking about altcoins in general, people's mind they think also about Bitcoin and I think when promoting newly launch altcoins is very effectively to promote Bitcoin as well. Because Bitcoin tied up all altcoins, every altcoin has a pair of Bitcoin in trading so this is the best way to promote Bitcoin as well. Altcoin price was always tied up to Bitcoin price, so the main currency here is Bitcoin and probably more attractive to investors than the altcoins. Nevertheless, when someone talking cryptocurrencies, they generalized that it is Bitcoin and altcoins was no there.

spadormie

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Promoting cryptocurrency using alts is I guess also a good way of promoting. But I guess the best way to promote cryptocurrency itself is to promote what the king is. Bitcoin. It's the best way since it waved off a great investment since they one. And it's more convincing since many legitimate sites says the same thing as everyone is saying.

btcdie

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Yaps, my assumption is that Bitcoin cannot live alone and still requires such a solid altcoin behind it all. Altcoin liquidity is really needed by crypto-world, without it Bitcoin is difficult to be known by the public and is widespread as we know it today. maybe 5 years ahead of Bitcoin in an uproar and known by all corners of the world, if altcoin can make and reach the peak of its success.

GideonGono

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There is a lot of projects that have real use in the world but most token or coin out there is useless. Some token provide the same service just difference in their quality. But alts are needed in the crypto world. Without alts, BTC can't grow that big.

They create altcoin just for project and there is ICO they've create for the investor to choose or to know on when their money going to invest also to encourage investor for a project. The year 2017, almost a lot of ICO I joined was succeed but the token that are input to the market was really dump so it means the alt coin was lucky when it grow in a long term because altcoin was good for a short term because they've a lot introduce to the market.

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

What you are basically asking is ig investors and traders like us buy more altcoins then it will boost the use of altcoins and will promote cryptocurrencies in general.
You do have a good point there but I have a different perspective. For me, a coin should grow naturally out of it's own potential value.
If an altcoin has a good use case then people should use it naturally and hence it's value would increase with greater stability.
Bitcoin is hyped up as well. Though it's price is in thousands right now but there are not many countries that legally accept bitcoin as a payment method.
Once bitcoin is globally accepted, it's real potential price would show up and that's how it should be in my opinion.

cotton ball

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How to promoted when altcoin have lower price, we need altcoin looks interested with have higher before promoting to many investor. without altcoin have higher price look impossible we can get success for promoting altcoin and cryptocurrency. But when altcoin have higher price just few banned for altcoin can make many people interested with altcoin investment.

nutriagrigia

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Quote from: Aabcde on December 20, 2019, 05:47:30 AM

Introducing cryptocurrency through altcoin is possible. But the problem is the amount of altcoin is very much so that it is somewhat confusing for ordinary people. On the other hand altcoin tends to be a scam. I think it's better to introduce it via bitcoin itself. Everyone must have heard even though they might not have looked deeper. The real use case I think is only a matter of payment methods. And bitcoin can go into any domain, health, animal husbandry, e-commerce, etc. as long as they really want to use the blockchain.

the problem of a large number of altcoins is very easily solved if people cannot understand which altcoin it is best to buy for them when entering the market. First of all, people who do not understand anything in cryptocurrency should contact a specialist who can help them choose a good altcoin. it’s better to spend some money and pay to some specialist than later to regret the coins that he will buy

Aabcde

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Introducing cryptocurrency through altcoin is possible. But the problem is the amount of altcoin is very much so that it is somewhat confusing for ordinary people. On the other hand altcoin tends to be a scam. I think it's better to introduce it via bitcoin itself. Everyone must have heard even though they might not have looked deeper. The real use case I think is only a matter of payment methods. And bitcoin can go into any domain, health, animal husbandry, e-commerce, etc. as long as they really want to use the blockchain.

HabiebRiziq

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Quote from: matchi2011 on December 20, 2019, 02:11:48 AM

Quote from: Kupid002 on December 20, 2019, 02:07:48 AM

Quote from: Callanta787 on December 20, 2019, 02:01:29 AM

Its already happening, altcoins has any adopters already even before the last bull run of 2017, today 99% of my coin is altcoins and most of my friends too so do not bother, altcoins has good fans

Its very dangerous decision to buy all of your funds with altcoin, i mean you can buy 50% of it in bitcoin why you need to risk it all? We dont know for the next bull run if all altcoin will also follow the thrend we are waiting. Actually we dont if there are bullrun that will happen nextyear only speculation.

Only speculation which doesn't secure your investment. If you are planning to hold it's much better to hold bitcoin or most part of your assets should be on this coin. with a lots of supporters and since halving is really being count as good news to have some big effects to the market.

Do your home work and research everything before putting any amount of investment with your chosen project.

For now I also prefer to invest in bitcoin because if we look at the price of bitcoin being declining, this is the right time to buy more or invest most of your money into bitcoin. But that does not mean that other coins or altcoins are not good to invest because I also invest in altcoin which in my opinion has great potential.

Bim abk

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Quote from: bitvalak on December 20, 2019, 03:31:18 AM

The problem is which altcoin reference should be used? Because altcoin is relatively unstable, only a few that do have stable development.
I'm not talking about the price, but the development is really happening. For now ETH is still a good alternative for it, but all of their goals are at the top of Bitcoin.

maybe eth is the most people who know it, but usually those who know eth are people who already know a little about crypto so it might be difficult to do crypto promotions with altcoin

bitvalak

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The problem is which altcoin reference should be used? Because altcoin is relatively unstable, only a few that do have stable development.
I'm not talking about the price, but the development is really happening. For now ETH is still a good alternative for it, but all of their goals are at the top of Bitcoin.

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Quote from: Kupid002 on December 20, 2019, 02:07:48 AM

Quote from: Callanta787 on December 20, 2019, 02:01:29 AM

Its already happening, altcoins has any adopters already even before the last bull run of 2017, today 99% of my coin is altcoins and most of my friends too so do not bother, altcoins has good fans

Its very dangerous decision to buy all of your funds with altcoin, i mean you can buy 50% of it in bitcoin why you need to risk it all? We dont know for the next bull run if all altcoin will also follow the thrend we are waiting. Actually we dont if there are bullrun that will happen nextyear only speculation.

Only speculation which doesn't secure your investment. If you are planning to hold it's much better to hold bitcoin or most part of your assets should be on this coin. with a lots of supporters and since halving is really being count as good news to have some big effects to the market.

Do your home work and research everything before putting any amount of investment with your chosen project.

Kupid002

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Quote from: Callanta787 on December 20, 2019, 02:01:29 AM

Its already happening, altcoins has any adopters already even before the last bull run of 2017, today 99% of my coin is altcoins and most of my friends too so do not bother, altcoins has good fans

Its very dangerous decision to buy all of your funds with altcoin, i mean you can buy 50% of it in bitcoin why you need to risk it all? We dont know for the next bull run if all altcoin will also follow the thrend we are waiting. Actually we dont if there are bullrun that will happen nextyear only speculation.

Callanta787

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Its already happening, altcoins has any adopters already even before the last bull run of 2017, today 99% of my coin is altcoins and most of my friends too so do not bother, altcoins has good fans

Coyster

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Why would investors want to engage in what could make them lose their funds, and it's not about getting more people to buy altcoins or to invest in altcoins, would you just invest in an altcoin because they claim it can be used to solve medical problems, problems in the law facilities(judiciary)etc, what you should understand is that is there actually anyone of them that is really solving those issues or are they just dummies claiming to solve problems?, but doing nothing in the end.

No matter how much is preached that people should pay more attention to altcoin, not only bitcoin, they would not until the altcoin market starts working, and for now it is not.

meanwords

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Quote from: DaMut on December 19, 2019, 07:22:20 AM

we can not introduce altcoin directly to those who are not familiar with cryptocurrency because it is confusing for them. that is why when we are promoting cryptocurrency, it is all started with bitcoin as a principle and then we can start introducing altcoin to them.
they need a basic to get to know about altcoin, we can not force them to understand altcoin without letting them know about bitcoin. do it step by step, right now there are a lot of people joined and participated in the altcoin project. they were all started it because of bitcoin.

Wrong! You can introduce cryptocurrency with altcoin as much as you introduce cryptocurrency with Bitcoin. In fact, I've seen that introducing cryptocurrency to other people is easier with altcoin. For instance, you have a friend that loves simulator games and you introduce a game that he can play while earning a bit of cryptocurrency (For example, "crypto idle miner" from playstore). That way, he will learn cryptocurrency using an altcoin which from then on we could potentially learn Bitcoin on the way.

Everything starts from how cryptocurrency is introduce and by introducing a game, he could learn more about cryptocurrency while enjoying it.

gabmen

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Quote from: Magkirap on December 19, 2019, 10:57:03 PM

Quote from: fuer44 on December 19, 2019, 08:48:47 PM

all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.

Yes indeed a new and different vision of their projects will surely attract investors because nowadays most of the projects are just the same and we keep on seeing same projects so if a team that wants to develop a new altcoin they need to be on a different track, different vision but the same goal which is to innovate and with that thing i am quite sure that we will be able to spread about cryptocurrency and people will help in spreading it.

There are several alts and icos being released with quite an impressive whitepaper. The problem here is if the coin will stay true to course. Most of them don't. And there probably won't be an alt that will accomplish that. Bitcoin will always be the posterboy of crypto and that would probably be the case for a very long time. BTC is what most people think fo when you say crypto anyway.

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Quote from: fuer44 on December 19, 2019, 08:48:47 PM

all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.

Yes indeed a new and different vision of their projects will surely attract investors because nowadays most of the projects are just the same and we keep on seeing same projects so if a team that wants to develop a new altcoin they need to be on a different track, different vision but the same goal which is to innovate and with that thing i am quite sure that we will be able to spread about cryptocurrency and people will help in spreading it.

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Quote from: fuer44 on December 19, 2019, 08:48:47 PM

all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.

but it will be even more perfect if supported by good market conditions. with unfavorable market conditions like now, of course there will be many investors prefer coins that have long standing, such as bitcoin. and we can see the dominance of bitcoin around 70% of the entire cryptocurrency marketcap

huu78

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Bitcoin does not control the cryptocurrency due to many stand-alone altcoins, it is only because their biggest currency bitcoin is used for pairs on market exchanges to make it easier. Not only that some altcoins usually if there is a crash Bitcoin follow

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all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.

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Quote from: biddicoin on December 19, 2019, 03:40:18 PM

with Blockchain technology, it would make good movement in many aspect of life. that can be promoted to many people
but, cryptocurrency is more to "money technology", and Bitcoin is the first.
so, the others field such as gaming, medicine, etc wouldnt be hype as crypto "money"

Everything is all about money. Tech also has been played a huge part in terms of development but you need to seek funds right? Everyone must realize that developing a platform take some money and effort from some developers. Altcoins will probably a comfort zone for those who are looking a beginners ground. Bitcoin is on the another level.

Pearls Before Swine

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on.

That isn't true, tho there have been coins and tokens which are *supposed* to be for those kinds of things but none of them were ever used for the purposes for which they were intended. Part of the reason is the issue of crypto adoption in general, and part of it is that there doesn't need to be a coin for every separate industry. If people were going to use crypto for gaming, for example, they could use bitcoin easily enough.

Or they could use one of the thousands of altcoins already on the market. There isn't a shortage of them. Just the opposite, in fact. There are far too many altcoins out there and there isn't anywhere near the demand required to support all of their prices or uses.

Rodeo02

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Quote from: zeze18 on December 19, 2019, 07:04:04 PM

Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

People creating new coins with many background purpose like medical use, some for advertising, some for gaming and so on just like you said. but the reality is no company is trust cryptocurrency as their payment method, one reason is their customer is not familiar with those altcoin so people won't use it because it will be a waste.

and morething is it is more difficult to use if you have cash for payment why will you use a crypto currency ? you need to buy first in crypto market which is making it more difficult and hard to understand by others, that you know no background in crypto currency.

zeze18

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

People creating new coins with many background purpose like medical use, some for advertising, some for gaming and so on just like you said. but the reality is no company is trust cryptocurrency as their payment method, one reason is their customer is not familiar with those altcoin so people won't use it because it will be a waste.

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Quote from: [email protected] on December 19, 2019, 06:27:47 PM

I believe that the promotion of cryptocurrency should occur through bitcoin. Because almost everyone knows about it, and altcoins are new to many.

And a newbie can easily distinguish cryptocurrency is more about bitcoin so there is nothing wrong getting to know more about bitcoin than altcoin. I have altcoins but I'm also a bitcoin investor.

Quote from: [email protected] on December 19, 2019, 06:27:47 PM

Therefore, it is worth starting training with bitcoin, I believe.

This is what I tell to newbies if they want to know more about crypto and trading, it's good to begin with bitcoin.

cytpoway121

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Yes you can indeed prompt crypto currency through altcoin
But you will need altcoin with actual use case and improves the entire society leaving a seeable impact

[email protected]

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I believe that the promotion of cryptocurrency should occur through bitcoin. Because almost everyone knows about it, and altcoins are new to many. Therefore, it is worth starting training with bitcoin, I believe.

tenakha

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Indeed, nobody is guilty about it. Confidence in the altcoin market is beginning to reduce and we can easily see it in BTC. Everybody immediately directs to BTC in such cases to keep their investment more robust. So, altcoins do not meet expectations. The projects themselves should take a step in this regard. Otherwise, nobody wants to lose their most valuable thing.

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with Blockchain technology, it would make good movement in many aspect of life. that can be promoted to many people
but, cryptocurrency is more to "money technology", and Bitcoin is the first.
so, the others field such as gaming, medicine, etc wouldnt be hype as crypto "money"

xiboothrezi

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In its development, Altcoin also contributed greatly to the development of blockchain and cryptocurrency, so that its usefulness for the wider community could be felt. Because bitcoin is anonymous, so it will continue to be a secret, while altcoin is more open, many development teams show their identities clearly, show the progress of project development and subsequent plans, everything is clear and detailed, making the public better understand. So, this goes hand in hand and strengthens each other to form a complex and profitable cryptocurrency ecosystem with real adoption.

curly228

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altcoins are very good for promoting any product, it is very good that we have them

Henrytrust

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It would be a huge boost to the cryptocurrency space if the altcoin could gain popularity like that of Bitcoin. That could take a long time to accomplish but it's possible. Altcoin would need to sit up to her responsibility of reducing, if not eliminating issues of fraud and Scam.

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Quote from: Cekerula on December 19, 2019, 12:33:53 PM

bitcoin is only one while altcoin in large numbers on one hand has different functions.
so it's no surprise that bitcoin is the key to all this, including ways to introduce other cryptoqurrency as well.
I mean, if people know bitcoin automatically, people will also know about other cryptocurrency.

Absolutely correct, it's like a domino effect so once people have been exposed to Bitcoin then they will surely know about other cryptocurrencies though it will take some years from now and altcoins should have big development like having a real use-case or stopped the scummy project to gain trust from people or investors.

joshy23

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Quote from: Thomas-s on December 19, 2019, 12:17:28 PM

Only the legalization of cryptocurrency or some strong news that will help investors to be sure of some altcoins can strengthen the position of altcoins in the market. Many people know about altcoins only as scam coins that can make you very poor in a few days.

If you mistakenly invest to scam project then expect that everything will be nothing your money will be taken away from you. Legalization of cryptocurrency adds good factors to take effects with the market. There's no doubts that investors wanted to hear more positive news before
placing their money inside the market as they are very careful voiding the possibilities of getting scammed out.

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Crypto has largely been synonymous of online gambling. So, online gambling without any restrictions could be one pulling factor for new users.
Earning crypto and getting rewards playing games, In game tokens as crypto would also benefit the use and adoption of crypto.

Cekerula

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bitcoin is only one while altcoin in large numbers on one hand has different functions.
so it's no surprise that bitcoin is the key to all this, including ways to introduce other cryptoqurrency as well.
I mean, if people know bitcoin automatically, people will also know about other cryptocurrency.

ryzaadit

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Libra one of the free advertising for bitcoin.

Went a lot of customers from facebook try libra, they also will search "Bitcoin" and other related information about "Cryptocurrency". They will realize, about the good thing of decentralized and moving on to bitcoin itself.

Thomas-s

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Only the legalization of cryptocurrency or some strong news that will help investors to be sure of some altcoins can strengthen the position of altcoins in the market. Many people know about altcoins only as scam coins that can make you very poor in a few days.

CjMapope

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

i dont agree man, but i could see how the newer users in this scene WOULD agree, as you do.
My view is 90% of those alts your talking about were scams to begin with, most of them are ONLY even still running for fear of being sued for scamming
so they have to atleast give a simbiance of "trying" . They dont even need to exist, people like you need to realize BTC itself could do all this, smart contracts, all of it.
but people with technical skills are too busy trying to make the next Bitcoin, or just anything to get in the ground level of money making cryptocurrency. they care of only that sadly
they should have just leant their skills to helping BTC, but they wouldnt get rich that way would they? these people are nocoiners, they got in too late, own maybe 5 btc lol

pandanaran

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bitcoin is a digital currency that first appeared and is known by most people. Well, maybe not everyone knows what cryptoqurrency is, but if you introduce bitcoin, I think people can understand it. Altcoin is an alternative investment other than bitcoin, and bitcoin is a profitable investment and people are more familiar when they hear about bitcoin.

kodtycoon

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altcoins have grown a lot and that means many people have an interest in altcoins and indeed, it is not always about bitcoin but with bitcoin at least the crypto market can continue to move to become more popular and we cannot deny that because the market has at least a cycle which of course all the coins inside have the chance to grow bigger

taufik123

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Bitcoin is the main cryptocurrency that is widely known by people as a good primary coin for investment.
The new Altcoin and the old altcoin are currently increasingly not desirable because it is still not good to enter and invest in altcoin other than bitcoin.
When the dominance of Bitcoin began to rise until now then Altcoin is still in a bad state.
Bitcoin dominance needs to decrease to make Altcoin recover prices.
so that the promotion of cryptocurrency through any altcoin will be better and can be accepted by the public.

masterrex

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Altcoins are getting bad publicity because of the fraudulent acts that victimized investors. And the bad thing is not just altcoins but the entire crypto industry was severely affected by those bad publicity that's why new potential players or investors are having second thought while investing in cryptocurrency resulting in price dump and market drought for the past 2 years already and because of this promotion is not helping at all, they should address first the scammed problems before planning for another promotions.

ReiMomo

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Quote from: Doell on December 19, 2019, 11:07:52 AM

it's very useful when explaining crypto to people who don't know what is crypto ,altcoin has an important role in the progress of bitcoin but everyone only hears about bitcoin rather than altcoin because news has spread all over the world and guidelines for crypto too all this is just a time will answer that and there is no speculation interests of each individual for crypto

When we are talking about crypto the main idea is all about bitcoin. Altcoin on crypto is not quite popular unlike bitcoin it is a center of all digital coins. That is a big help to Bitcoin when someone promoting altcoins because altcoins are their only pair is bitcoin when it comes trading. So, the name of bitcoin in the entire crypto will never be lost and instead, altcoin was already tied up to Bitcoin.

lousie9

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If you mean about the promotion of altcoin then not everyone knows, the first thing you need to do at the beginning is about bitcoin. if someone already knows about bitcoin then it's easy to find out what crypto or other altcoin is.
and the second problem about altcoin adoption as a whole is not possible, because people know bitcoin first than altcoin. altcoin is only used for investments other than bitcoin and also not all altcoins are worthy of investment.

Doell

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it's very useful when explaining crypto to people who don't know what is crypto ,altcoin has an important role in the progress of bitcoin but everyone only hears about bitcoin rather than altcoin because news has spread all over the world and guidelines for crypto too all this is just a time will answer that and there is no speculation interests of each individual for crypto

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

well it's possible to gain more adoption by supporting some popular coin
but by supporting new coin and token is risky because there is a lot of scam in altcoin in bounties and coin/token offering
there is a possibility that those investors will stay from crypto if ever they lose some money

target

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The reason why its not going to be promoted is because people will have doubts to every altcoins out there due to the scams that had happened. Its just too easy for the teams to exit and abandon a project and that investors just have no trust to teams creating altcoins anymore. I hold some altcoins that I thought would become one of the most useful but end up delisted in the exchanges already, the history of this coin will always come up when promoted once again.

mrdeposit

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If we look at the latest price change, we can easily see that investors give superiority to bitcoin. Although altcoins are affected by decrease, they do not benefit much from the increase. As you said, investors should be directed to altcoins. Promotion or anything else to attract attention must be done. Otherwise, bitcoin's stance is more durable than others.

airdnasxela

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Yes, you can promote crypto through altcoins but since Bitcoin is dominating the crypto market, when you're introducing cryptocurrency to a non-user, Bitcoin is the easier example to explain things. Even people who don't have enough knowledge might heard the word Bitcoin before than altcoins, that's why when we say crypto, Bitcoin comes to our minds first. Then when they finally have an idea and basic knowledge, they can learn and discover altcoins.

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GOD is TRUE

has been effective on several types of platforms, for example gambling sites, gamblers who are interested in using doge and other tokens because this is indeed a game token, so it doesn't always have to be about bitcoin. Speaking of promotions, we also have to look at someone's segmentation and hobbies, so they don't look too formal and are more directed to using altcoin directly.

duuuuude

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The fact is that cryptocurrency is not needed in many areas and for this a lot of useless projects have been created, which greatly influenced altcoins and investor loyalty to them.

semobo

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Already altcoins were promoted on different platforms in the name of bounties but the intention behind their promotion is to raise more money so don't compare these shits with bitcoin which is completely decentralized and working for no one's profit.

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

If we talk about cryptocurrency, of course many people are more femiliary with bitcoin compared to altcoin or you could say the popularity of bitcoin is higher and many people know bitcoin better than other coins. Indeed, to make a profit does not have to be with bitcoin, other coins can also be used to make a profit and if we support it or there is an altcoin that has the potential to make a profit I think people will start getting to know about altcoin

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Quote

if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Some altcoins have raise millions of dollars in ICO for their project and this means investors are yielding positively to the awareness but most altcoin refuses to implement the proposed project planned and that can discourage investors and others that expects the project whitepaper manifestations.

topbitcoin

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

I think because bitcoin already popular, and to make people attracted we should use something that familiar, easy to explain, and most important thing is not have big risk. I mean although altcoin maybe have different types and have a lot of uses, but risk behind it is bigger too. In investment people should know everything and can be start from the basic of it, and bitcoin is really fit to pick.

pamsugas

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like libra if libra can be launched there will be a lot of people curious about libra they will know libra is cryptocurrency so bitcoin will also be known through libra news.
hope libra will be launched in 2020 because many people will buy bitcoin from libra ads.

samcrypto

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Bitcoin is the best example of cryptocurrency and there’s no problem on that because if those people continue to learn more about cryptocurrency then I’m sure they will hear Altcoins and that’s the time for them to study it as well. Cryptocurrency is not just about bitcoin but since its popular, many news are more on bitcoin. Promote cryptocurrency and the blockchain technology, just use the example that is more realistic and not just about the full hype.

batang_bitcoin

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on.

They make people seem to believe that the token they've made are only focused with that use. But honestly, every coin can be used for these purposes but you just have to choose the right coin for it. Just like in Bitcoin/Ethereum, it's a known top choice for payments and also there's BNB now.

Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

You shouldn't generalized altcoins to be boosted, not all of them are good to boost. We already have plenty of crypto's that can play this role and the perfect one is bitcoin.

Dart18

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Then why not a decentralized altcoin?
There will be no owner. Just like bitcoin.
It can still be implemented anywhere. Gaming, advertising or whatever idea they have.

This is why it had always been bitcoin in the front line. There is no ownership. Unlike so much ICO that is being created out there.
They could just liquidate it anytime and who knows what reason they will make.

Text

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If you are actively using Facebook and if you are in different crypto-related groups. You will notice that some altcoins were being promoted there, and some users missed that bitcoin is the king of all, they know more about altcoins than bitcoin.
When it comes to the development of an altcoin, most of them have no progress, already in the graveyard, and the rest are slowly dying...

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Quote from: DaMut on December 19, 2019, 07:22:20 AM

we can not introduce altcoin directly to those who are not familiar with cryptocurrency because it is confusing for them. that is why when we are promoting cryptocurrency, it is all started with bitcoin as a principle and then we can start introducing altcoin to them.
they need a basic to get to know about altcoin, we can not force them to understand altcoin without letting them know about bitcoin. do it step by step, right now there are a lot of people joined and participated in the altcoin project. they were all started it because of bitcoin.

Don't rush out with complicated explaination when promoting cryptocurrency, always start with the basics with simple bitcoin as an asset. Many people got interested with different altcoins projects, but most of them wasn't successful. Sad to say, last year and this year has no good news about previous altcoins project due to falling market value of cryptocurrency.

Kemarit

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I understand your dilemma (if you can say that):

There are a lot of good projects and altcoins out there and as much as majority hate them, they could really bring people to cryptocurrency. Specially in the field of medicine, there could be altcoins right now that can really close the gap specially regarding medical records.

But sad to say that most of the people here wanted to get rich and doesn't care about the fundamentals behind.

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Bitcoin no longer can be the face of cryptocurrency as it has become a rare asset to hold.
Currency should be easily used and transacted for trades and deals. People could buy bitcoin after being familiar with crypto but most of them won't even try a crypto if their first experience of crypto was costly and late.

fortunecrypto

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Because of the developer's lack of responsiveness on their projects, we have seen thousands of dead coins now, they create a coin for one industry, people will invest on it, thinking that the industry will benefit because of that coin after they are funded they run away with investor's money.

DaMut

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we can not introduce altcoin directly to those who are not familiar with cryptocurrency because it is confusing for them. that is why when we are promoting cryptocurrency, it is all started with bitcoin as a principle and then we can start introducing altcoin to them.
they need a basic to get to know about altcoin, we can not force them to understand altcoin without letting them know about bitcoin. do it step by step, right now there are a lot of people joined and participated in the altcoin project. they were all started it because of bitcoin.

VanDeinsberg12

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Quote from: BIT-BENDER on December 19, 2019, 05:56:05 AM

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

That can be done when the team is really transparent to the investors. You can see that ethereum has already opened its way for everyone who can help the team to create a proper solution to fix the existing problem. But the majority of the new platforms are never doing anything even to create a transparency report about the project. That's impossible to happen caused by the fact that the altcoin team itself can't be trusted. Investors are always welcome for that but the altcoin team itself always make their own solution without doing the more democratize solution just like doing a vote or open a public GitHub.

BIT-BENDER

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When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Topic: Promoting cryptocurrency through altcoin (Read 653 times)