Do we Need Altcoin?

[imutlinda]

in my opinion altcoin is needed because of the emergence of altcoins means there is a development in cryptocurrency that aims to facilitate the community in real life the most important thing is that altcoins have a positive impact on society

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[lesgereron]

Probably yes because there may altcoin does have a good project to offer the people and it may really useful to use since there are many projects offer different services that would really benefit you or meet your needs.

[harley.kitty]

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?

yes we need altcoins for several reasons, but the main reason is that altcoins are complementary to bitcoin in terms of functionality and usability because there are some things that altcoin can do better than bitcoin, such as lower transaction costs and so on. In the course of time many altcoins will be eliminated because they lose competition compared to other altcoins or because projects that are running fail.

[youcansee]

Probably yes because there may altcoin does have a good project to offer the people and it may really useful to use since there are many projects offer different services that would really benefit you or meet your needs.

maybe if the project can benefit our lives directly, there will be many investors who will be interested in joining the project, because then it will be mutually beneficial for us and the project

[max fray]

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?

Basically, if there is ONE coin that can be as effective, fast and cheap as the coins that are leaders of the market, we don't need all this diversity on the market.
Bitcoin, Ethereum, NEO, Ripple, Dash, etc - they all have some features that compromise the attitude of investors.

[Ayobami99]

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 are really cool when you see great innovations and we cannot do without them. Existing projects are going decentralized everyday and these are the altcoin... So we need them

[btcmi]

Of course, we need. Monopoly in the market is bad. Monopolized product has no incentive for development. And competition promotes development upwards.

[Alonsotorres909]

That's why when first launched, the new Altcoin requires a pretty good narrative exposure. Describes the new Altcoin description. Until able to make the community believe and adopt. A good narrative exposure, an open and clear system, can make the community think of it as a valuable coin in the future.

[sakokinak]

Yes, there are so many altcoins in crypto and more of them are still coming in. Though some of them are legit but there are some of them that are not potential and do not have good developer and team members to support them but I think there should be a regulation that will monitor the altcoins coming into crypto and ensure they are potential.

Naturally, we need altcoins. They give everybody a chance to enter the market even with the smallest amount of money. Many tokens are very cheap they can give a good income.

[ponni92]

It's like if we want to be a reliable trader then takes altcoin. even if possible, a collection of many of the coins will be very helpful. With the more often we do, then the trading capabilities are also increasingly good. To invest in ICO also need altcoin. Thus altcoin for me is important.

[delightme]

If there is ONE coin that can be as effective, fast and cheap as the coins that are leaders of the market, we don't need all this diversity on the market.Bitcoin, Ethereum, NEO, Ripple, Dash, etc - they all have some features that compromise the attitude of investors.
but the main reason is that altcoins are complementary to bitcoin in terms of functionality and usability because there are some things that altcoin can do better than bitcoin, such as lower transaction costs and so on. In the course of time many altcoins will be eliminated because they lose competition compared to other altcoins

[iAleff]

YES!!  The world need altcoin   

[dTAPPO]

Obviously, we need alt coin... After all we are in this field to earn more money only... There are lot of alt coin where we can invest and get good amount of profit.

[todiefor17]

We still need Altcoin to expand the crypto market and there are lots of companies and projects open based on Blockchian technology, they are but few successful projects at the moment I think the reason is too Many virtual and fraudulent projects have lost the trust of investors making Altcoin so bland with many people. Taking too much Altcoin also affects the choice of investors.

[stiffbud]

A healthy competition is not necessarily a bad thing. In my own opinion, Altcoins are what made Bitcoin the Bitcoin today.

In my point of view Altcoin is need as much as bitcoin needed. Altcoin based on the same concept as bitcoin based. Like bitcoin, Altcoins also is a decentralised currency based on complex algorithm. In some situations Altcoin is much more beneficial than that of bitcoin. Altcoins is less volatile then bitcoin so it is a perfect aspect for long term investment. And another thing is its low transaction cost with safe secure transaction help many small businessman to setup their business on online. So i think we need Altcoin.

[Mr.Been]

I think we need to have altcoins for trading and for projects. A lot of alts have very good projects they'll help for people to make life easier.
Also we need diversity so that no coin will have an ultimate monopoly. New coins are an improvement over the older ones. 

[Doovla]

We personally do not need them. I think it is idea of developers creating altcoins mainly because of its benefits at the end,also helping to expand the market and at the same time giving more services which each offers.
I think that altcoins will only bring good to crypto.

[robotmakbtc]

We also need altcoin because that project is so interesting many people also interested in altcoin. Atlcoin is also best project in bitcoin industry.

[bitcoin31]

We need still new altcoins because it helps to the community to recover again on how way. If the project are good for sure the investor will buy bitcoin or ethereum to purchase the altcoins and the bitcoin price up because they have buyer and maybe one of the new coind are the future bitcoin.

[MR_Klip]

I can say with confidence that we really need good altcoins with our platform and development strategy, opening wide opportunities for trade and investment.