Do we Need Altcoin?

[Crypto Lady]

Most alternative coins are useless. And I am fully confident that all useless coins will die. Soon only the strongest projects will remain.

[drogba773]

of course we need altcoin. for a trader certainly not satisfied with just bitcoin alone. plus the price of altcoin like eth and ltc currently has a good development. and of course very many people are interested in the altcoin

[irenegaming]

Different altcoins have different uses, I think the variety is good for the ecosystem, although we don't really need 20 coins for transactions or 20 coins for privacy, I think competition between them is what provides innovation and quality, besides do not worry too much because the market is always self-regulating and only the alts that are really good can survive.

[Raidzin]

of course we need altcoin. for a trader certainly not satisfied with just bitcoin alone. plus the price of altcoin like eth and ltc currently has a good development. and of course very many people are interested in the altcoin

Yes, I believe that only thanks to the appearance of altcoin and the market was born. If the coins were small, then there would be no sense in trading. Everyone would just chase the best technology and execution.

[phabulu]

Altcoins are supposed to be alternative projects to bitcoin that try and do things that bitcoin can not do. Possibly even something better than bitcoin someday, hopefully. We still need a new alt to grow bitcoin, because they offer more to maintain balance and bring new things in their innovation also give something different, Altcoins is indispensable in the virtual money market , it's giving us profits , not bitcoin. Remember that altcoin is transacted and it's pushing the growth of bitcoin forward. Can say it's leverage to push bitcoin into a new level. If there's no altcoin , it's hard for bitcoin to achieve things like today, so, we need Altcoins. 

[utiltox]

Yes, we need altcoins with their new technologies the more of them the more we can earn.

[iron talon]

Yeah, I think Altcoin is a must in the cryptomarket. there is a interconnection between BTC and Altcoin in the market. both altcoins and bitcoin grow together helping each other so i think bitcoin needs altcoins. so we need altcoins in the crypto world.

altcoin is an alternative to Bitcoin so it is necessary to advance crypto because not everyone can achieve bitcoin. even though they look competitive, they are truly connected. we can see that there are many crypto fans thanks to the existence of altcoins, so I also strongly agree that altcoin is needed.

In every sector, people are seeking for something new. So it's normal to see altcoins as the alternatives of bitcoin or ethereum. This is not a bad thing, this will help the sector grow up better.

[luckydevil2021]

I believe that the altcoins are very necessary for the growth and health of the market, for example many of the top 50 currencies are currencies that came out this year and had a good amount of investment because they are usually good projects, of course, there should be some kind of regulation to avoid so much reproduction of the same coin and to have to deal with so many copies, that would help investors in the arduous task of having to research a whole project before investing.

[paramelton]

Every altcoin is different, they are made to solve different needs in different industries. So we definitely need them all. Yes, Bitcoin be the first coin,  a pioneer, but technically it is not the best coin anymore.

[bovesgiraffe]

we need them because these increases variety which is good to the health of the market, especially now that the market is red, it could be a good time to buy

[jonas5222000]

Yes because many altcoin will help in our life to decrease some physical or actual job ,but i dont think that there is some country that didnt accepted some altcoin ,so i`m just worried about existence of crypto in our world.

[ven7net]

I believe that Altcoin will always be needed. The fact is that Altcoin is an opportunity to diversify the market of crypto-currencies and create competition, which of itself should be, since competition generates with each time the best projects and platforms, in other words, development. And we want the market for crypto currencies to develop!

[Btcaivah1]

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?

Ofcourse altcoins is very useful to cryptocurrency. There are lot of things that is needed to be stablish inorder for an the cryptocurrency to go well. Too much flatform is still lacking so we all need alts so it is necessary to have it in cryptocurrency.

[Banger42]

Yes we need altcoins because as it is a slow hike currency and the growth of this currency is permanent. So anyone can buy it easily and investment in this type of currency needs time. So be patient while investing in this currency. It will give you great profit in future

[Yana_1]

Of course, we need, thanks to alternative crypto-currencies, we have a diversity of the market and something similar to competition. If this continues, and I am sure that it will, sooner or later the market will absorb the whole world economy, and this can not be achieved without alternative crypto-currencies.

[teleminergroup]

Altcoins help us make more money. If bitcoin grows in 3x, up to 30k - altcoins can grow in 5x-20x

[naturerock]

We need altcoins because bitcoin lacks privacy features.  We need privacy features to hide our account balances and hide our transactions from the government.

[renault18turbo]

First of all, for me altcoins means new ideas, new areas of use of blockchain. Also altcoins are usualy more volatile and you can gain much more money than with Bitcoin. So yeah, I think altcoins are important for us. But this doesn't mean that Bitcoin or Ethereum should be less important

[Vlad_m]

100 percent YES!

Altcoins bring innovations.

Corl, for example, is the world’s first token to represent equity ownership in a company that provides revenue-sharing financing to high-potential early-revenue companies.

Unlike traditional tokens on the market, Corl is based on a profit-sharing model and investors receive a continuous stream of quarterly dividends in the form of Ether (ETH), based on future earnings of Corl.

So, altcoins brought us to Security Token Offerings and IMO it is a great leap to the mass adoption.

[nangiarushali]

Bitcoin alone is not enough for a trader. Bitcoin price is regularly altering. Altcoins are helping the traders when the price of Bitcoin is very low. Moreover, now Altcoins like Ethereum and Litecoin are developing and growing continuously forming the backbone of Altcoins region.