Do we Need Altcoin?

[Jeremy-Whites]

Oh yes we do need altcoins. This is the best way to improve the tech behind crypto.

[cryptopusa]

Every traders need to trade altcoins because it give us a lot of profits than ever you can imagine,if you are a holder dont go with alts buy BTC only.

[alucard23]

I really think that some altcoins have a role to play in the future. Some alts have very good features that are very difficult to be implemented in Bitcoin and distribution methods that allow them to be distributed more widely.

However, among the alts you mention, I think only Bitcoin Gold have good chances to survive.

[NathanJB]

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?

I think we do need them in so many ways. There are so many uses of altcoins. Altcoins have covered so wide a niche that it has almost reach the point of entering into all the aspects of life. There are altcoins used for hotels. There are those that are generally used as a currency such as Litecoin and Bitcoin Cash. There are also other who are used simply as tokens. So in other words, altcoins may be used in so many ways.

[moamin77]

I would say Yes, at least for the sake of diversity (remember that it's always wise that investors diversify their holdings)

[ufalo3]

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 alternative coins, as Bitcoin is not more the safest and the fastest one. Its transactions take 10-15 minutes, which is a very long time in cryptoworld. Mining for it is not more profitable, while you can easily get profit from mining os some alts (Zcash for instance).

[wilson_bitbybit]

I would say that 1% of these coins will bring something good to the ecossytem, either independently or as something that can be used as a implementation in Bitcoin. But that's also say that 99% of altcoins will make a lot of people lose money.

[TopT3ns]

Every traders need to trade altcoins because it give us a lot of profits than ever you can imagine,if you are a holder dont go with alts buy BTC only.

you are right , if no altcoins where traders can get fast profit because trade bitcoin - fiat need big capital to get big profit. if with altcoins, it is possibly to reach 100-1000% profit in 1 single coins when they get pumped

[chrisfatos]

Altcoins have technologies that Bitcoin doesn't have, ofcourse they are needed. Plus some Altcoins give out better bursts in profit that Bitcoin. To fully benefit from Bitcoin profit you need to be in it long term, and the way things are going, it will be too late to get the most out of Bitcoin since there is a limited supply of it.

[kz06]

altcoins are good and we need it for good profit. if altcoin developers provide awesome projects

[Jaci]

Yes . Altcoin is a passive for me so i want altcoin .

[matico]

The influx of altcoin on daily basis is the downside of Decentralization! Anyone can create any altcoin at wish and in a matter of hours! We do not need more alt but you can not stop more alt from been created! The good news however is that many low quality alt will die eventually

[~Bitcoin~]

Most of the new coins are just for quick profit where newbie lost all they have and owner of the coin + early investors get richer.

If coin/project is not offering something different than there is no need for new coins but every coin is poping out with big claims of replacing bitcoin 

[madgtr]

Altcoins are needed for those who cannot get into Bitcoin. You can trade Altcoins easier, they give bursts of profit very often if you choose the right ones. And they have good potential in some cases.

[... ...]

Yes,we need Altcoin,not just trade and make money.Many  different altcoin mean many different way and idea we can make things better and change something of this world,bitcoin is great and already change our life and word.But bitcoin is not all in coin word,we need many different way and thought to make change.

[AzureDragon]

Of course, we need altcoins. Altcoins offer healthy competition in the cryptocurrency environment. Thereby Bitcoin developers are provoke to remain active and continue to develop innovations in BTC code.

[rhamzter]

Yes,we need Altcoin,not just trade and make money.Many  different altcoin mean many different way and idea we can make things better and change something of this world,bitcoin is great and already change our life and word.But bitcoin is not all in coin word,we need many different way and thought to make change.

Hey buddy, I don't understand what you mean? Can you please direct to the point?

My answer to the question is absolutely yes, we need altcoins in crypto currency world to become balance the competition of digital currency. Otherwise altcoins is a good substitute to bitcoin if in case that bitcoin value is fall down the price.

Moreover altcoins had an ambition to take the position of bitcoin in crypto currency industry and it is good because thru help of them the movement of bitcoin will regulates especially when they are increasing and decreasing.

[Thewel]

I think the possibility for when altcoin seems less in the interest by the people, because less understood with altcoin or can be said still strange in their ears, but chances are in the future altcoin may already in use by all walks of life.

[yanto@1977]

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?

Altcoin makes crypto world so interesting, they create another opportunity to create profit and also passive income. As long altcoin keep follow bitcoin as coins mother, there's nothing too worry about it. You should see it as chance to grow up your skill and capital become more and more bigger. Altcoin is not nightmare it's just " new " coin. Thank you for your post.

[rexter]

We always need altcoins for anyways altcoins is the future of cryptocurrency,altcoin is the way how to have bitcoin,we keep on earning altcoin to have bitcoin in our wallet and we exchange bitcoin to gain fiat currency,The alts create a playground for testing features and concepts that would never make their way quickly into bitcoin.