Do we Need Altcoin?

[arifteguhr]

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 my opinion, take advantage of existing coins to the maximum extent possible for other coin needs. I think it is necessary to do research and research because it is very difficult to find coins that are profitable at the moment, but in the future it will develop rapidly.

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[Market-desi]

of course it's very needy bro. because with altcoins we can invest short term bro. because a lot of altcoins have very good price chart movements for us to make short-term investments

[zero714309]

Sure because altcoin is like alternatife way to gain more profit,not all trader or investor with long term investmen or day trader have a big money to doing trader,if we only have btc its like to difficult gain more profit.

[Mary89]

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 definitely need altcoins, they help us not just to invest, but also to develop certain areas of our life, to make our life more dynamic and interesting. Simultaneously with the development of this direction, we can also receive a certain bonus in a shorter period of time. A large number of proposals for altcoins allows us a good choice in investing.

[DreamerJ]

it seems to me that despite of the fact that now there is a lot of scam, there are quite promising altcoins that are worth investing.

[Reok_timur]

cryptocurrency world will be better.If we have many altcoins.yes, there are many scams and a shitty project I don't mean them but also there are very good projects with new blockchain technology, structure, and algorithms. So other coins enhance and update their system. The highly competitive market becomes better.

[Lolox]

The wider we spread seeds, the more results can be harvested. Of the various projects in Crypto, the products produced are in the form of altcoins. Of course, the money or payment we get is also in the form of altcoins, so indirectly Altcoin also has good benefits and we also need it. If you don't need altcoins, then you don't need to buy altcoins and you can only invest in bitcoin and the like.

[Godhand212]

I think altcoin also plays a lot in the world of cryptocurrency and also in investment, in altcoin we can also find some opportunities in getting long term and short term benefits, because altcoins are the reason why we have choices in making investment and altcoins are the reason why we have different idea for the future and the possible solutions for the problems that we are currently have right now in this world.

[ribolovandrey]

Altcoins really help us to earn. We need altcoins and they are very important to us because they serve as an alternative to bitcoin.

[godspree]

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?

The cryptocurrency markets are littered with crummy coins that add little technical merit to the coins that they cloned, and which have no clear goal or community backing. Nevetheless, we need altcoins because they create a playground for testing features and concepts that would never make their way quickly into bitcoin – a research and development laboratory for features that may one day go mainstream.

[John Emst]

I believe that rather yes than not. We have good opportunities for speculative earnings on altcoins. This money is very volatile, the fluctuation of their rate is constant, and its "amplitude" allows you to break a considerable amount, in the event, naturally, if you can determine the most suitable time for their purchase and sale.

[keninu]

It seems like that. not us who still need Altcoin, but there will always be new coin projects popping up. this is a sign that the cryptocurrency is increasingly accepted by the public. As proof, there are many products from large companies that create their own cryptocurrency, and finally create a new altcoin.

[SuiMikira]

There is demand, there will be supply. It's the simple rule of the market, so the answer is yes, we need altcoins. Altcoins can be used in various use cases. Many token is utility token and it is not intent to be a currency. They create utility token to serve their purpose., who use their services need utility token.

[jakiro.hovard]

I think that altcoins will be needed for speculation, but not only because now very many real projects, for example some services, begin the process of tokenization, because they understand that in the future everything will change

[hugasinora]

obviously definitely need altcoins for other coin means doing short-term trading, because altcoins have very fast price changes so they will benefit in a short time, but will not be suitable as a long-term investment

[Holla123]

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?

Funny question as the mentioned are mainly used for value storage and/or currency. There is a big number of use cases apart from that. Have a look at projects like Factom, Walton or Wabi and see what they are doing. Then you have projects that could maybe exist without their own currency but are still very promising like Hacken or Cindicator. Eventchain for event ticketing is also looking good for me. Then there is the exchanges like Binance, Kucoin or Cobinhood.

[yohangunasekara]

Of course we need Altcoins to increase our Bitcoins because Bitcoin alone won't give that much returns than Altcoins because of small market caps. We also need some Altcoins for trading between the exchanges because Bitcoin is way slow and high fees.

[kingzonehtx]

I do not think this market can grow without altcoins. Altcoins are an integral part of the development of blockchain technology.
What does Bitcoin do if it does not deal with altcoins. There are no alt / btc pairs

[sleepless]

Of course we need altcoins for market development, but I want that there would be more projects with a good product, and not just money laundering. That's why I'm waiting for regulation in the market for crypto currency.

[Jayskie15]

I can't answer your question but for me yes we need altcoins especially to those who cannot afford the price of bitcoin, well this is just my opiniojn because your question is not that quite simple, but we also need other fiat currencies so for me we need altcoins, i hope it helps.