Topic: So many altcoins. What are their REAL use? (Read 1401 times)
Their real use case isn't that necessary. To my mind most of altcoins need to be revaluated. Well, some of them should be abandoned, because their product isn't on demand. To my mind the best real use is for privacy coins and blockchain altcoins
There are projects which have use case and those projects will succeed in the future.
Also there are projects which are coming from real economy and tokenizing their well established businesses.
This will lead us to mass usage of blockchain technology.
Also there are projects which are coming from real economy and tokenizing their well established businesses.
This will lead us to mass usage of blockchain technology.
Really.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Please, spend 5 minutes on the search of similar threads before creating a new one! I assure you that you'll quickly find 2-3 topics and similar questions and answer on a hundred pages!
Perhaps people do not need cryptocurrencies because the latter do not have a large range of use in everyday life at the moment. As soon as the situation changes, then immediately there will be a need for crypto.
Really.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
There are many uses of altcoins to elaborate one by one. Other altcoins has the same usage and the only difference is some upgrades of the later. What's important is they revolutionize the method of investing instead of using the traditional way of buying shares in a Fiat currency way.
Many altcoins are worthless. The altcoin has a token and a separate coin. They are different. Tokens are usually based on coins issued by Ethereum. When the technology is successful, they will change to their own coins. You can observe the HSR.
Well, so many coins are coming these days. we cannot ignore it that many people in the world are competing to present the worthiest cryptocurrencies. However, which one is the real use? It will depend on the concept of each project. Some projects have the real products in the future so that they are real in use. But, some of them are only used for investment.
By at least 50 percent of all existing altcoins, there is absolutely nothing behind this project. It is still just a whitepaper without any working solution. Moreover, I believe that such projects should be removed from our market.
I got to admit. Most of those buyers are investors trying to make some profit over those hype coins. The only altcoin that I can think of that have use are Doge and Ethereum. I use Doge to transfer exchange to exchange because it is cheap and faster while I use Ethereum to pay bills and credits just like I use Bitcoin.
And what is the main feature of Dogecoin? Why people should invest into Doge?For me it is simple copypaste Bitcoin code like Litecoin.
I got to admit. Most of those buyers are investors trying to make some profit over those hype coins. The only altcoin that I can think of that have use are Doge and Ethereum. I use Doge to transfer exchange to exchange because it is cheap and faster while I use Ethereum to pay bills and credits just like I use Bitcoin.
One of the major problem we are facing in crypto sphere is that most of these coin don't have working product, they are just there for investment and that us why most of them failed.
As far as I know, the main purpose of altcoins is to repay the investors for their investment in a project, and eventually the altcoins turns out to be a trading coin that is used by traders in the market.
I don't think all the coins that available today has any real use. Many of the coins that available in the market are just some selfish coins created by people who wish to have their own personal coins.
Majority of them are just for pump and dump. Even the devs behind are involved, while other upon release of the project, totally abandoned them that's why you will see a lot of shitcoins are being delisted by exchanges for lack of volume or lack of activity. That's really the sad state of crypto or altcoin market right now.
I don't think all the coins that available today has any real use. Many of the coins that available in the market are just some selfish coins created by people who wish to have their own personal coins.
Really.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
This market is open to anyone, so no matter what your status in life if you are willing to take the risk then its good to invest. Yes, the average people on the street may not understand this market or for them they cannot use it on ther everyday living but this can be a good investment for them especially for long term holding. Those people in the street are just needed someone to guide them. Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Most of the people are trying to get rich by a project. In the past, people used blockchain technology to take steps towards development. And now they're trying to trick people into using it.
Really.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Crypto is the future currency so meaning we are buying this for the beliefs of this will bring us good future because of the technology behind this,just like if time comes that people starts to adopt crypto then you can easily pay services rendered for you,or those product that might have your interest in future Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
Not only altcoins but even Bitcoin has enough rare use for real purchases. There are very many places when one can't use cryptocurrency as direct payment method
In fact, there are really a huge number of tokens on the market, which in most cases have nothing and no product. It seems to me that in fact many of these projects are scam projects. In any case, you should try to work carefully with projects.
Many altcoins on the market have no value and are created only to enrich and speculate on the market, the market is in a rather shaky position and many scams are created with zero benefit, I think gradually the situation will change for the better and the campaign will become more qualitative and valuable.
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