What cryptocurriencies do we really need?

[Sohailul]

I think that cryptocurrency need for us which is become profitable in future. So your choise is yours. So you can choose few cryptocurrency. If you get profit in future. So everytime can take help from this threads. Everybody ready to help us.

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[monica69]

we already use the fiat soo i do see this coins as improvements of fiat, its a nice step, but the coin should have a stable value, or fixed, just would be digital instead printed. If they willing to make something as bitcoin and having control over the coin it will fail, crypto investors wont invest into a coin that can be manipulated anytime, but if the coin will be used into the daily needs as we do use fiat There are lot other coins solving problems but these coins are currently the best. I would go with the bitcoin or eth only always.

[Franius]

BTC - store of value
Monero/Verge - anonymity
Litecoin - Instantaneous transactions
Vertcoin - virtually costless transaction fees
Ethereum/users preference - building decentralised apps
Iota - scalability
ONE decentralised exchange - disrupting brokerage layer

These are only examples but there is something for everyone whatever their preferences are. As we transcend to industries being disrupted through venture capital tokenization, people will probably want coins or tokens that can include most, if not all of the aforementioned features.

[Veridian Forest]

BTC - store of value
Monero/Verge - anonymity
Litecoin - Instantaneous transactions
Vertcoin - virtually costless transaction fees
Ethereum/users preference - building decentralised apps
Iota - scalability
ONE decentralised exchange - disrupting brokerage layer

These are only examples but there is something for everyone whatever their preferences are. As we transcend to industries being disrupted through venture capital tokenization, people will probably want coins or tokens that can include most, if not all of the aforementioned features.

Do you belive in LTC?

[Mr.Mittelman]

BTC - store of value
Monero/Verge - anonymity
Litecoin - Instantaneous transactions
Vertcoin - virtually costless transaction fees
Ethereum/users preference - building decentralised apps
Iota - scalability
ONE decentralised exchange - disrupting brokerage layer

These are only examples but there is something for everyone whatever their preferences are. As we transcend to industries being disrupted through venture capital tokenization, people will probably want coins or tokens that can include most, if not all of the aforementioned features.

Do you belive in LTC?

Why not? Any coin people use has a chance to survive. Do you know something special about LTC?

[Mr.Mittelman]

Try to think out of box. What if we actually need eternal generation of new currencies in order to make each business project more effective. One more business one more currency. Thus, since any currency is risky, probably we need not a stable set of currencies but a smart tool to exchange them quickly.

[bcnaranjo]

Maybe it depends on what application do we really the crypto for our use. Many currencies are available in the market now with different application like smart contracts, anonymous transactions and the likes, and more are coming since developers keep on developing every year.

[Noxmfs]

The top 5 + link. That is beyond enough and covers 99% of what the world needs in my opinion. Nowadays most altcoins turn out to be memes and pnd's.

[Kisanaq]

Until now many coins that I need and of course the biggest is ETH and Waves, ETH I use a lot to join ICO while Waves for long-term investment because it is very profitable.

[wander.me]

I think we will need the one that the mass will adopt. Maybe it will not be one of those which are already created. I believe that for now, the crypto world is an alternative to the old stock exchange. It is a necessity for it, but any prediction on which will be the currency of the future is hard to make. Probably it will be the one in which the rich people will pun enough money in. I guess it's up to your intuition and luck.

[MiBambino]

We need:
* bitcoin
* ethereum
* neo
* sonm
* Change bank (side by side with other crypto 'banks')
* ltc
* ripple (yes, i said it, ripple)
* datum
* stratis
* a handful others

I believe in 5 - 10 years about 90% of all current coins will have faded away or have been taken over by other coins (like golem will be taken over by sonm), and the other ones have gone on to thrive and become billion or hundred-billion dollar coins

[FrankNoland]

Hey there! I am newbie here so would be grateful if someone just replies with the link to an old thread. Why do some projects still create new cryptocurrencies?

I mean the ones that create just new 'coin' without any additional value to blockchain technology evolution or adoption. For example, I don't understand what https://bitcoen.io or https://putincoin.org are created for.

In my opinion, i think new cryptocurrencies will always be created from now on with ICOs and Airdrops launching every second, since the invention of bitcoin.

A lot of things are now based on blockchain, from music, agriculture, marketing, encryption etc, some organization will continue creating new coins, it might not be that they are doing it for the money since some coins are given away on airdrop and bounties, but only that they want their product built on block chain.

I mean if you have all the resources you can do it, start up funds all those. I mean it is obvious that the funds will be used to develop the project.