Topic: Should we support altcoins ? - page 2. (Read 5528 times)
We should support altcoins simply because Bitcoin can't be used for everything or it has ita own limit. Unlike altcoin it can support smart contracts and tokens like Ethereum and it can work as fast as Litecoin. Moreover, bitcoin is far bigger than all this coins. They are all used for different purposes by different people. It is really hard to introduce an upgrade to Bitcoin because our community is big and has many different opinion on.
Support them if you think they have a great potential and good use for the crypto community. Many bitcoin users also support other crytocurrency because they know it will be profitable for them.
Of course we must, altcoins can also give us bitcoin. We can also get profit from it as they calue increase. Altcoin and bitcoin was the same cryptocurrency and they are both profitable. But we must choose what we support because some of it was like a trash and doesnt have value.
We should support them, but we should also educate ourselves about which ones are worth while others ruin the reputation of coins altogether
I always like and support Bitcoin. Because Bitcoin fulfills the financial needs of the people and fills the country's financial needs, it is now popular among the world's people. Bitcoin should be used to change the world. I always support Bitcoin and I use Bitcoin.
It is important that we understand that monopolizing the crypto market by supporting only bitcoin will not do us any good. It could have a negative effect in the long run
Defenately yes if we have more altcoins we have more options too and even if we dont want to support altcoins we’re not realy sure if all of us will not support in altcoins too. We know that some of us not supporting bitcoin and they are supporting altcoin only.
From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
currently the number of existing virtual currency reaches 1400. Bitcoin is not the only virtual currency in circulation. there is ethereum, ripple, bitcoin cash, cardano, NEM, litecoin, and so on. But bitcoin is one of the largest virtual currency market capitalization.
I think we should support bitcoin or altcoin, but not all altcoin, now very much altcoin and most of them are useless for now, we can save some of them for use as an alternative to Bitcoin.
I strongly agree that many people support more than one coin. but with 'support' I mean by supporting a new coin-coin whose prospects are good to make new coins useful and useful.
I think we should support bitcoin or altcoin, but not all altcoin, now very much altcoin and most of them are useless for now, we can save some of them for use as an alternative to Bitcoin.
I strongly agree that many people support more than one coin. but with 'support' I mean by supporting a new coin-coin whose prospects are good to make new coins useful and useful.
You have point there. We should scrutinize the project/token before supporting it. No good investor would invest in a potential coin scam or shitcoin. But how would the investor know, aside from checking the WP, the road map and the team?
It’s always both. Bitcoin plays the mainstream role, so it’s just more profitable for you. However, there are lots of amazing altcoins with outstanding technologies implemented.
From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
Both of it,we should support this for the better community in cryptocurrencies,as long as many investor are invest on it,it can give more profit in all of us,just support this.
Some altcoins actually have good prospects in the future, our step for altcoin is an effort to keep an eye on if bitcoin is destroyed and I think altcoin does require support from us, we should not just focus on bitcoin
We should support them, but NOT all of them there are a lot
of New altcoins and most of them are useless for the moment, we can keep some of them to use as an alternative for Bitcoin (small purchases , specific product- Dev for developpers , ASC for Miners ...)Yeah its true to support only a trusted and good altcoin. If we support bitcoin you will support altcoin to. Even bitcoin and altcoin are competitor we should support them and make them famous in other investor that's the only thing that we can help.
yes we should because it is still relevant. It doesn't have more value today doesn't mean there's no future for it
From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
currently the number of existing virtual currency reaches 1400. Bitcoin is not the only virtual currency in circulation. there is ethereum, ripple, bitcoin cash, cardano, NEM, litecoin, and so on. But bitcoin is one of the largest virtual currency market capitalization.
I think we should support bitcoin or altcoin, but not all altcoin, now very much altcoin and most of them are useless for now, we can save some of them for use as an alternative to Bitcoin.
I strongly agree that many people support more than one coin. but with 'support' I mean by supporting a new coin-coin whose prospects are good to make new coins useful and useful.
I think we should support bitcoin or altcoin, but not all altcoin, now very much altcoin and most of them are useless for now, we can save some of them for use as an alternative to Bitcoin.
I strongly agree that many people support more than one coin. but with 'support' I mean by supporting a new coin-coin whose prospects are good to make new coins useful and useful.
Altcoins are technically the same with Bitcoin. A valid altcoin will often change bitcoin’s rules sufficiently to do something uniquely productive and may have a particular application. Some coins have been designed as a unit of exchange for solar power production, for example, while others have formed the basis for a new system of domain names on the Internet. If a coin is attempting to do something that adds technical value, it's a good sign.A good altcoin will have a solid team behind it.
Why not? We have seen many altcoin doing very well just as bitcoin, one of this altcoin is ethereum know as eth, ethereum is a decentralized platform where one can write smart contracts in other to build decentralized application easily without having to fork a blockchain and editing the code, which is very tasking and even tiring sometime. You make use of solidity in writing smart contracts.
why not, i ve reading about altcoins, some of them are fine. if you invest right time hahahaha jk, yeah some altcoins are fine, don't underestimate it
we should support all the coins that we believe in. Not just for financial return but that will shape the world also.
From a "lets make the world a better place perspective" should we support only bitcoin right now or altcoins also?
As for the long term run investing in those coins is a must since bitcoin's supply will eventually end one day because it's capped to 21M coins and other coins doesn't really have a supply cap so that will be a double edged sword for them for 2 reasons :
1- It'll be much harder to scale .
2- It'll be always available (especially when bitcoin won't be anymore ) .
So it's really up to the investors to make the call to whether they can wait to get profit or not and in my perspective a person must at least choose 3 or 4 out of the 1000+ altcoins to invest money in them in case something happens to bitcoin , then we won't be completely zoned out .
Yes we should. There are Altcoins that generates a good income and a big profit. And because of its existence, we have a lot of choices to trade with. I admit, for the beginners who doesn't have enough funds, won't be able to buy bitcoin instantly. Through these Altcoins, we found an alternative way how to make a start in investing bitcoin. But this may only take effect by choosing the right and profitable Altcoins. I will support everything that has something related to bitcoin.
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