Do we Need Altcoin?

[tisoysoy]

currently, I use Bitcoin for investment, for trading I use Bitcoin. so if every new Altcoin grows, I think it's great for trade to enjoy the sensation of flash "pump and dump" every day

Yeah you're right, Its better to have many altcoins which many bounty of course and because of that we can join and bounty rewards. I can't  yet truly know how to answer this topic, since I'm new here In cryptocurrency.

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[Pitparker]

With the presence of new altcoins that appear every day it signals the market demand for crypto is increasing. Moreover, we can not only rely on bitcoin, bitcoincash and bitcoin gold to benefit. We need something else to make a profit. the presence of new altcoin answered the need.

[Cryptomania098]

I believe that we need. Blockchain on developmental styles, each project works on coins. If it is perspective, then consequently there is a sense in the coin. Undoubtedly most of them will soon disappear, but some will remain and can well cost the market.

[cryptomanspbmgdn]

of course, we need altcoins because they're often much faster at making transactions. for example I like the coin litecoin. he has very fast translations with a lot of volume.

[cizatext]

We still need altcoins despite the fact that bitcoin ETH btc and other can perform most of the function we need in our digital life because the are other altcoins which perform specific functions aside what the major coin can offer such coins are referred to as utility tokens their performs the unique functions ascribed to them by the developer's and are some how centralized. And that gives us more options in our digital life.

[adam24409]

of course, you need it as in the real world where there are many currencies , and the main dollar , also in the cryptocurrency bitcoin is the main, and the rest look at it

[Dim4ik]

They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General

[Blondoar]

They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General

those are become more and more rare to be honest. If a company is shit, people are not going to buy anymore. Investors have become more careful after the latest crash, more of them are now looking for intrinsic value instead of pump coins. Projects like Vechain, Aion, sonm, stratis, waves, ... are the lifeblood of altcoins

[Sithara007]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

There are a lot of altcoins with a specific purpose such as ETH and XMR. Bitcoin or its forks are not suitable for the purposes meant by these coins. So I should say that there is a need for these coins in the crypto-market.

[pharaon]

They are needed only for profit, otherwise most of them are simply useless and have no use in everyday life. But I believe that there will be a strong growth of cryptocurrencies in General

Why do you think so? At the moment there are useless altcoins, and those that are not used in our lives, but among the whole number there are also those that have already announced themselves, and the technologies of which are already used.

[oudekaas]

The product that underlies the creation of each new altcoin should be useful. if this is really a real mechanism that can be used in various sectors of life, then it is necessary, then this altcoin will be promising and important for people.

[Guli]

The greater probability that some of them will cost much more than bitcoin will be more convenient and safer. Altcoins appear in the process of improving the technology of crypto currency, and therefore, certainly, we should invest in them.

[jhache]

No offense but this is a silly question. The coins that you listed are mostly forks and do almost the same thing that Bitcoin does. What if there is a problem in real world that Bitcoin forks don't solve than don't you think that there needs to be an altcoin developed that solves that problem.

[simonmoore]

Sure, it increases variety. Think of it as different fiat currencies you may want to invest in. Just because the dollar and euro are the strongest currencies right now, doesn't mean other fiat currencies are not required?

[yahata147]

I'm not sure if we need altcoin because I never try to trade in a particular trading sites such as binance. I just stick to coins.ph. I never try to buy altcoin that's why I don't think so that we need altcoin.

[Opnsrc]

I can admit that the time when Bitcoin will be used less than the altcoins will come. Many cryptocurrencies now show the better stability, speed, and safety than BTC. Certainly, we do need these altcoins.

[ivanleon]

Strange to hear that different alcaine not needed. After all, they monetize different areas, make the world a better place, and provide opportunities for earnings.

[mariaana]

Yes, we need altcoins. It creates a positive change in the digital world. Altcoins is representative of projects that see a new concepts and innovations that makes the cryptocurrency world secured and competitive.

[Parabellun1917]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

So many altcoins are not needed. But there are many interesting projects that really benefit.

[Sandeep24]

It is giving opertunity to invest different currency and we can make profit with improved crypto technology. Definatily we should invest in Altcoin.