It would be possible that there is a lot of altcoins in the future and only few of them will be used for an alternative payment and other services that needed a cryptocurrency.
And we all know that even some of new altcoins today worthless or just created to make money and make fake promises to the investors.
Topic: What do you think altcoins will be used for in the future. - page 7. (Read 21942 times)
The problem is there are a lot of altcoins out there that don't have any real-life usage features some of them are standing on the edge of shilling and could fall anytime. But I think all Altcoins are not the same for me they are an opportunity to increase future wealth.
If you surf more, there are 5 Major Altcoins Already Seeing Real-World Adoption. Also for the top altcoin in the market it's impossible to fall because there are a demands.
The opportunity to increase future wealth? It's highly chance possible as long as you know how to growth it.
Before answering to that question, I have to ask, are they useless right now? I hugely doubt because there is high demand on altcoins too and can't say that bitcoin brakes them.
Ethereum is used for making smart contracts and it found place in gambling too, Ripple is associated with banking and financial institutes, Bitcoin Cash is Roger Ver's garbage, Dogecoin - it was made for fun but is mostly used in faucets and gambling. Monero is great coin for privacy.
As you see I shortly wrote a little thing about them, they have massive usage nowadays and they won't be left without functions in future.
Ethereum is used for making smart contracts and it found place in gambling too, Ripple is associated with banking and financial institutes, Bitcoin Cash is Roger Ver's garbage, Dogecoin - it was made for fun but is mostly used in faucets and gambling. Monero is great coin for privacy.
As you see I shortly wrote a little thing about them, they have massive usage nowadays and they won't be left without functions in future.
Totally agree! You will not run out of list even talking their current usage either in payment sector, gambling or in financial sector. And everyday, more and more industries are integrating crypto as their payment method and so the rise of their respective tokens or alts to serve that purpose. So in the future, the chance of using alts or btc in other industries is very high. Those that are not yet explored today will be added in the list in the very near future.
Before answering to that question, I have to ask, are they useless right now? I hugely doubt because there is high demand on altcoins too and can't say that bitcoin brakes them.
Ethereum is used for making smart contracts and it found place in gambling too, Ripple is associated with banking and financial institutes, Bitcoin Cash is Roger Ver's garbage, Dogecoin - it was made for fun but is mostly used in faucets and gambling. Monero is great coin for privacy.
As you see I shortly wrote a little thing about them, they have massive usage nowadays and they won't be left without functions in future.
Ethereum is used for making smart contracts and it found place in gambling too, Ripple is associated with banking and financial institutes, Bitcoin Cash is Roger Ver's garbage, Dogecoin - it was made for fun but is mostly used in faucets and gambling. Monero is great coin for privacy.
As you see I shortly wrote a little thing about them, they have massive usage nowadays and they won't be left without functions in future.
The problem is there are a lot of altcoins out there that don't have any real-life usage features some of them are standing on the edge of shilling and could fall anytime. But I think all Altcoins are not the same for me they are an opportunity to increase future wealth.
As a trader we are aiming to have a profit but not all the time we got some income, before making our trade first we must to consider what kind of trading method we will use, for now, we have two types of trading the short and long term trading, in long term trading the best coin suits for this investment is the bitcoin even the price of the coin fall every time, but it is a good investment in the future, the amount of the bitcoin before is not profitable, but it takes a long time the price goes, and it is suited for long term, in short term trading bitcoin is not suitable for this transaction because it's too long before you earn so the altcoin is suitable for this kind of purchase, this coin is volatile also, but unlike the bitcoin, it does not change a lot of value.
The problem is there are a lot of altcoins out there that don't have any real-life usage features some of them are standing on the edge of shilling and could fall anytime. But I think all Altcoins are not the same for me they are an opportunity to increase future wealth.
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?
Maybe those altcoins can use also to buy goods in the future like ether no can one say about the future of ether because we know that this coins have potentials and have a market. So maybe not only in gambling we can used some altcoins we can use it also for online buying. That is my thought about some altcoins. 
No doubt some altcoins will be used in the real world. But such will most likely be no more than 5% of all currently existing alternative cryptocurrencies. The reality is that most altcoins are created just for fundraising. I think the first 10-20 altcoins by capitalization will eventually find application in the real world.
Only a few of the altcoins in the market will be used in the real world and most of them will be used as a tool to create opportunities and money by trading them. Let's face it, most of the altcoins are just created by their developers to get cash from the investors and in the long term, they will just abandon it. So it is better to trade them than to invest in them for long term.
Those people that are holding a lot of altcoins keep proposing that we are going to see a future in which there are going to be hundreds of coins used by everyone, but that is not really practical, we cannot really ask from people to accept hundreds of different coins and know the value of each one of them.Most likely what we are going to see is a bitcoin that is even more dominant with an even larger share of the market and only a few other altcoins are going to be used by the rest of the people that have characteristics that bitcoin could simply not implement.
Only a few of the altcoins in the market will be used in the real world and most of them will be used as a tool to create opportunities and money by trading them. Let's face it, most of the altcoins are just created by their developers to get cash from the investors and in the long term, they will just abandon it. So it is better to trade them than to invest in them for long term.
I think the use of altcoins is new so much fewer altcoins if it is as good and popular as Bitcoin then everyone will use it and in the future everyone will use altcoins. Also bitcoin-like Bitcoin does not work as effectively as it is used less and most people work with Bitcoin If Bitcoin is like this the demand for Altcoin will increase But I think Altcoin may not be like Bitcoin.
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?
Altcoins are going to be used in the same way that they have being used as of right now which is to speculate with them, do you really think that people really care about all of those new coins that are appearing? They don't, they only want to obtain profits with them by buying those coins at a cheap price and then selling them for a very high price.But such strategy does not come without risks, as we know for a long time that strategy has been not very profitable but that doesn't mean that people are not going to keep trying to make it work during the next years and decades.
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?
There are many sector of altcoin project, if they're become successful in the future, this world will full of cryptocurrency and we don't to own dollar or any fiat anymore. But it's almost impossibble to happen because the country government won't let this happen because there are already many people who hold tons of cryptocurrency and they're undetectable. This will be a disaster for them if all of this world become decentralized with cryptocurrency
of course if all countries in the future are able to decentralize crypto use because of the many successful altcoin projects that can implement everything based on cryptocurrency because it can facilitate its users, of course related matters can bring major disasters to most countries because most people might prefer cryptocurrency than fiat money because it can make things easier.
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?
There are many sector of altcoin project, if they're become successful in the future, this world will full of cryptocurrency and we don't to own dollar or any fiat anymore. But it's almost impossibble to happen because the country government won't let this happen because there are already many people who hold tons of cryptocurrency and they're undetectable. This will be a disaster for them if all of this world become decentralized with cryptocurrency
I don't feel that altcoin only has a future in gambling. an altcoin is sometimes made for a purpose, such as for antivirus tokens, tokens for renting vehicles, and much more. however, people sometimes use it for gambling. if the development of altcoin is done, then altcoin will develop based on their respective functions.
crypto or altcoins will be around with projects that can provide real global use cases and Most probably big companies now would simply be in the blockchain industry as well.
I think gambling isn’t always a good idea, it’s anyway smth like addition, no more
And what substitution to it can you suggest?
there are certain guarantees that some altcoin will be used as a means of payment in a person’s daily life. But if you take into account the amount of altcoins on the cryptocurrency market that exists today, then most of these coins will leave the cryptocurrency market.
That's one of the reasons why a lot of them wouldn't make it because they are serving the same purpose. Most tokens that are not offering something unique apart from that of transaction, they are going to fail. When it comes to transaction a lot of people prefer to make use of Bitcoin. And when Libra gets released, Libra and Bitcoin will be the only coins that a lot of people would be using for transactions. Etheruem will also survive for smart contracts, then Ripple might be used by banks.The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over from normal currency's in the world of buying or selling any other goods then btc.
For every altcoin that have been created there are purposes for all of them. I believe that in future they will be working towards that same purpose they were created for (which I believe they are doing now). But a lot of them are not going to make it, some are going to fail, because the purpose they were created for is something that wouldn't work out in crypto. Cryptocurrency is every where so it has a future someday, And other country use altcoins to make some transaction or using it as a payment of buying goods and items and no worry to carry some money.
Of course, there are certain guarantees that some altcoin will be used as a means of payment in a person’s daily life. But if you take into account the amount of altcoins on the cryptocurrency market that exists today, then most of these coins will leave the cryptocurrency market. I believe that you need to be careful when choosing altcoin for investment, so as not to lose in future cryptocurrency battles. Altcoins will have a lot of use in the future. It can be used a platform to create more projects and opportunities for other people to utilize the technology of blockchain. Altcoins can also provide a solid payment system with a lower fee and faster process in confirmation. To be honest, altcoins have a lot of potential since they have the advantage to create more advanced technologies because they can use the pioneers like bitcoin and ethereum as a basis for their project.
Altcoins has the potential to create more demand in crypto space. a lot of projects and job for users will open and create a massive income for years. the potential rate of growing will be higher at the time come. so do not underestimate the ability of altcoins because there are a lot of projects there that has the potential to help us in future.
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