Topic: What do you think of altcoins? Don't you think who has too much for nothing? - page 3. (Read 702 times)

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

I hope that you are aware on the fact of why we have smart contracts/dapps; it helps you to have your own blockchain based coins but without having any actual blockchain hence no hassles on mining algorithm/security of wallets/precautions against 51% attack etc. You can get all the benefits of owning your own like environment but without actually doing. This is the reason we do call those ERC20 things as tokens (and not coins) and I am sure a highly preforming project's token on ethereum blockchain itself may beat etehreum in terms of USD value. It is possible .

If you choose ETH just because it is on top place then you must be purely wrong with your investment decisions. I am not sure when people like you start realizing about the manipulations of marketcap things.

I agree most altcoins/tokens are failing due to lack of support/investors which must be triggered by uncountable altcoins. When we have 1000s of options for slowly growing crypto adoptions, the money get scattered across many altcoins which impacts on good and reasonable altcoins in value wise. You can see many good coins/tokens ate getting delisted just because of low to zero volume on exchanges.

any new coins generated from the ERC20 Platform will not be possible to replace the Original Coins namely Ethereum itself. although in the case of real use most of the new coins are generated from platforms owned by ethereum and the worst is to become junk or useless coins on the market.
Thousands of coins already exist in this market and not all of them are worth investing, I personally don't have a high risk investment appetite, so I think it's enough to invest only in real coins that are already on the top list on the market. , especially BTC & ETH.

If you feel bad about altcoins or tokens then you can stay away from them and stick with bitcoin or ethereum only if you are a conservative investor or trader because we all know alts can be very risky and they can potentially make or break you. So the point is simple, no one is forcing you to buy any coin or token and if you think all coins are useless you should stay only in useful one's according to you.

The market will never stop because someone at some corner of the world is thinking about creating a new coin everyday. This could be out of greed to make money in short period or could be far greater use of ERC standards.

However in both the cases we the user comes under attack and at high risk of loosing money. They are not completely useless though! Good for intraday trading or short term gains. Also if you just think about ETH and BTC then that is all you want and you could simply ignore the rest of the market.

Its not gonna stop today neither tomorrow and so on.

We're used to it and we don't want to have more of it. The ones that are existing in the crypto market shall be enough for us to make our choices even better. There are investors that don't actually like bitcoin for some reason like they always reason out that it's 'slow'.
Minding them that it's due to network traffic and it's improving time after time due to Segwit but they don't mind about it. The new altcoins shall be the cbdc's.

Today, the market is not the same as before

Don't you think ERCs are useless, most new cryptos are only based on ERC , but after that ?, It depends on the Ethereum network.
Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.

Monero, Zcash well there are also others but for me Monero is more about confidentiality than Zcash. Monero is the new crypto for traffic is also to break the tracing between an exchange BTC, XMR, BTC, XMR, BTC.

News of the day XD cryptos to save the planet lol it's stupid because we need mining.

XRP, Stellar: fast coins for those who need money urgently but really but other than that? we can't even do mining, Ripple is blocking your 20XRP account, is the price doesn't even talk about it it's too high it's not even worth 0.001 cents .

Do not even tell me about the forks that copy Bitcoin like Bitcoin Cash, BitcoinSV, Bitcoin Gold is sorry for others horrible .

It's just that today a lot of projects are used for not much, it's more the same world, everyone wants to create their own crypto but after not crying because it's a lot of wind blowing.

Also some fork and altoins which are also better in the future like bitcoin but will not exceed the top 1.

Ethereum, Monero, Litecoin, Dogecoin, Chainlink, Tezos, Cardano, Neo, DigiByte, Zcash, Cosmos.

What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears , but now we lose the pleasure of discovering the new cryptos because the market is flooded .