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Author Topic: Do we Need Altcoin?  (Read 23619 times)
Avatar2030
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July 11, 2018, 10:38:33 AM
 #1781

I have heard from many experienced investors that investing in cryptocurrency is now advisable to be divided into three parts: 1/3 is bitcoin, 1/3 is Ethereum and 1/3 in various altcoins. Thus, you can balance your portfolio and diversify your risks. I also recommend this strategy to my friends and I am sure that it is optimal.
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Wend
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July 11, 2018, 12:44:24 PM
 #1782

yes we need altcoins, In my first day in crypto ill earn enough from altcoins.
Actually altcoins as have some a good prices if we holding of it, But it was too long to hold some altcoins and they have sometimes it will comes only a month.

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July 11, 2018, 12:46:01 PM
 #1783

it depends on what you have in mind when you say "need"!

altcoins are supposed to be alternative projects to bitcoin that try and do things that bitcoin can not do. for example bitcoins algorithm is Poof of Work. you can't just change that, so you create a new project and start developing different technologies. PoS comes in. then Proof of Space, and a couple of the Poof of ... that i do not recall right now. then you get technologies that are different, sometimes better, sometimes worse.

so do we need them? yes we need them to create new things. possibly even something better than bitcoin someday. hopefully.

but if we consider the current state of altcoins, the answer is no. we do not need 90% of them. because they just copy paste each other without any improvement or anything.

as a trader's perspective, yeah we need them. the more the merrier. we get more pump and dumps and lots more profit.
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July 11, 2018, 03:54:53 PM
 #1784

Now I trust the Altcoins more. Because their price is very strong and it is now justified economically. I use Altcoins for payments.
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July 11, 2018, 04:21:24 PM
 #1785

A difficult question, I think that many altkoins are much more useful than Bitcoin! Bitcoin is like gold in our world, you do not think that without gold we can not live, and that this is the most useful thing on the planet !?

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July 11, 2018, 04:34:03 PM
 #1786

A difficult question, I think that many altkoins are much more useful than Bitcoin! Bitcoin is like gold in our world, you do not think that without gold we can not live, and that this is the most useful thing on the planet !?

Bitcoin is old and slow. There are many altcoins faster and safer, however they are not so popular and this is their main problem.

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whk0
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July 11, 2018, 06:39:32 PM
 #1787

Altcoins improve cryptomarket better than the other variant. I have more altcoins than BTC that's way. In my opinion there are more ways to use altcoins.
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July 11, 2018, 06:45:57 PM
 #1788

if in my own opinion it really is not necessary, because with its many altcoin it will be confusing for traders and investors.
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July 12, 2018, 04:52:58 AM
 #1789

The situation is like amazon vs ebay, google vs bing, mercedes vs bmw etc. I mean even if some projects have similar purposes markets are still open for various ways of implementation
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July 12, 2018, 12:40:29 PM
 #1790

Altcoin presents the competition in this regard, although there is no alternative cryptocurrency that poses a real threat to Bitcoin. Without altcoin, Bitcoin will look very different from what we know today.
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July 12, 2018, 12:49:05 PM
 #1791

We need more quality projects that will be of interest to the industry and help us make a profit. It does not matter what kind of projects, altcoins are great

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July 13, 2018, 10:26:04 PM
 #1792

We need more quality projects that will be of interest to the industry and help us make a profit. It does not matter what kind of projects, altcoins are great
I believe that the new altcoins simply try to make our world better and more convenient. Whether it will work for them is another matter, but I think that we need to give them a chance to try it out.
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July 13, 2018, 10:32:49 PM
 #1793

There are a lot of coins that are more than needed because their technology is more than good, so i think that yes, they are needed here in crypto for different kind of stuff
Tonstar
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July 13, 2018, 10:34:11 PM
 #1794

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?
in  y opnion alrcoins are so good and they are one of the best way to earn money, so why not to try and earn
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July 13, 2018, 10:34:53 PM
 #1795

There are a lot of coins that are more than needed because their technology is more than good, so i think that yes, they are needed here in crypto for different kind of stuff

of coursr, we need altcou s, why not, they are one lf the gratest way to make a libpvung, the most interesting o e
vovanlau2
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July 14, 2018, 01:43:13 PM
 #1796

We can see it through the tendecy of blockchain involving in each sphere. Banks, trades servises even education is swithcing to blockchain platform. UThere is oroject called teachmeplease. And I was impressed knowing that they are planning to reform edu system. So, I think that we need alcoin for sure to support this changings
Bambam28
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July 14, 2018, 01:47:05 PM
 #1797

Most alternative coins are useless and they will not be used in people's lives. I think that only 10-15% of the projects can really benefit most people.

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kyra0018
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July 15, 2018, 05:25:04 AM
 #1798

Yes, we need altcoins because bitcoin is not easy to earn unlike the alternative coins. We that altcoins are much differ in bitcoin in terms of the convertion rate.
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July 15, 2018, 05:33:35 AM
 #1799

As a matter of fact, it resembles you asking 'do we require samsung while we have apple. The bitcoin is the primary cryptographic money, it's a trigger for made of another digital currency. Be that as it may, as a first crypto, there ought to be as yet numerous imperfections in it. Then again, there's a people or may be a gathering who need to make an option that is superior to bitcoin capacity, and after that new crypto was conceived and we call it altcoin. What's more, it's occurring constantly. So yes, we require it as a correlation for its ease of use.
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July 15, 2018, 01:39:43 PM
 #1800

They're generally useless and they were designed to create an environment where the rulers of it are the cretors of it. Think about roger ver, you'll see my point.
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