Do we Need Altcoin?

[kunpeter]

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?

Altcoins play a very important role in today's cryptocurrency space. But it doesn't mean the Altcoins are free of problems. I think we still need more but Value is important, I have decided to trust selected Altcoins.

[1714182942]

1714182942

[duongtrunghieu1]

I also agree that we need, competition will promote and improve the quality.

[numbertech]

Yes, we need altcoins!    Alltcoins offer interesting ideas and technology that can be efficient to people and give them a huge profit. Also, competition is needed to know what coins can still make it in the future. Though, only the ones with the potential technology and development can compete with btc. Many of us invests on altcoins for alternative source of profit ...   

[whk0]

Yes, we need, of course! They have become a very significant and influential element in the cryptomarket's total development and their cycles help to increase common level of prices.

[bromosus]

I am sure that we need altcoin, BTC has several shortcomings, but it also good, but we need more good decisions for using blockchain.

[Sohailul]

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?

It is actually depend on you. Which coin you need to buy or which coin you need to sell, it is totally depend on you. Moreover, you can take help from any experts.

[Psalmy2cute]

If you see Blockchain as a whole new layer to every existing industry, you may think about your question differently. There is always room for innovation. Blochain as a whole is great, because it allows to disrupt every industry in existence and even allows to create new industries. 

[aversuz]

Of course, now we need some altcoins, but in future i suppose will exist only one currency (may be - Crytpo) in the world.

[yasuo632]

Need, for the market needs diversification, for investors need benefits, are mutual needs, the altcoin is worth investing. It will get better and better. Only competition can reflect greater value.

[jazz1984]

Of course, we need altcoins, but only to understand that at the moment there is no sector of real application of crypto-aliens and we are in the beginning of this huge path.

[rippar]

Of course we need it! There will be no cryptocurrencies without altcoins. Sure, the cap of all alts=the cap of Bitcoin, but it doesnt mean that these alts have no future

[OutOfTheBox56]

As time pass, there are various kinds of ICO's in the market. They support the coins which suits them. So I think we will need more coins in future as the number of company is growing day by day.

[ShieldAsset099]

If there will be no altcoins, BTC would not come to this place. Playing with BTC is not safe for all and it is not appropriate for all. So they will need altcoins.

[FreeJack2k]

altcoin should we have and we want because the contemporary coin cryptocurrency is very diverse and has a various price. for instance ETH is a desirable altcoin cryptocurrency and has many uses, if we prefer transactions in the market from the wallet would require ETH. consequently we do now not have to be fixated on one coin but we have to see a lot of coins to get profit.

[deadcomeback]

The fact that more and more altcoin also means more opportunities to invest. Bitcoin, BitcoinCash, BitcoinGold ... will gradually fail to meet demand as cryptocurrency grows, but Altcoin can.

[OpenClips153]

If we think there is only one currency for whole world, what will happen? I think there must be variety in currencies. Crypto is not different in this concept. So we obviously need altcoins.

[lenini]

Seeing the success of bitcoin, many people want to repeat it, to create a coin growing in price. Well, if the coin is an interesting technology, but sometimes the coin does not represent anything, and the creator's goal is to cash in on the buyers.

[dommerty]

For sure we need altcoins! Ethereum made a push for whole crypto industry, it was breakthrough! Thanks to ethereum there is a large amount of ICOs and cap has increased.
What is more, BTC it too old and expensive and how would new blockchain appears witout altcoins?

[AmyMartin27]

Of course, we need other altcoins. Because every project has every new initiative, we need new projects to meet the needs of the Crypto market. I would love to have more altcoins so that we can have more ideas.

[Pulafripta]

Depands on what you need it for. Any altcoin has a project behind it and a product.  If you need to use that product you need to buy that altcoin if you dont need to use the product you dont need that alcoin.