Do we Need Altcoin?

[hxk451]

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?

Truly we unquestionably require ALT. ALTs aren't simply computerized cash. Each of the ALTs speaks to a different undertaking and in every territory where blockchain technology is utilized diverse ventures are required. Just BTC and forks are adequate for trading however there is no advantage in different regions.

[fatenmo]

Altcoins are in demand so people make altcoins. Without the altcoins Bitcoin would not be number one.

[zanezane]

Yes, of course, we need altcoin, because it can make us have a good profit. And we can have some extra financial aside from our job. And this time altcoins are really in demand. As you can see it on news or internet.

Well yeah, altcoins are made so we can have back up that we can use when things messed up in bitcoin. Some altcoins started to be a shitcoin but eventually things favor with it and became a promising one and with this it can be a good source of income and eventually can give a good profit.

[sukoyomi]

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.

[Rooster101]

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?

Truly we unquestionably require ALT. ALTs aren't simply computerized cash. Each of the ALTs speaks to a different undertaking and in every territory where blockchain technology is utilized diverse ventures are required. Just BTC and forks are adequate for trading however there is no advantage in different regions.

If the one that we used is disabled temporarily, we need an alternative to continue what we are doing. If bitcoin price goes down, you can't make profit temporarily so you need an alternative coin to invest so we can continue making alternative income. Altcoins are created to give alternative features or innovations that bitcoin don't have aside from income we may receive if we use it as an investment or in trading.

[Endorphinity]

If you are a trader, then you really need an altcoin. But for ordinary people these coins are mostly useless. People do not use all these coins in everyday life.

[Ceballos]

For sure we need new projects aiming to solve different problems in the world. Bitcoin network is not enough to provide solutions such as smart contrats micro payments and more.
This is why we have many more coins with differen features.

[colenax]

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?

no, but you can try to find a fortune in the new altcoin. it's about how you look for any profits on altcoin or investing in ico. there are many possibilities that can make you rich, it is a matter of plan and knowledge that you use to seek every advantage.

[Zesshaka]

The competition amongst altcoin is really intense and the same scheme is going on over and over again. Announce crowd sale then release. A lot of platforms and sometimes for me, i cant really understand why there are always altcoin release everyday. Sometimes the same devs are making another altcoin just to make another profit and after profit, they will move and forget the previous project.

[fluctuations]

altcoin is a big money electronic marketplace, i think altcoin is very necessary it makes the market more rich so people can learn and invest, and i think altcoin can grow stronger than bitcoin

[jekyde]

for my opinion, altcoin is beautiful. but if you're in that bitcoin and you trust them you'll stay, now the bitcoin is bigger now. thanks.

[sandaru]

I think that you are asking a very good and very tough question to answer well.  I think all these altcoins and bitcoin ara inter dependable. If you have come across some whitepapers which are released to the public when some icos are released you might get an idea an altcoins whether they are needed or not. These altcoins ara produced due to various reasons like to reduce transaction fees, to facilitate communication, to manage our portfolio and to help to process information like in Daneel project etc. Therefore presence of altcoins is a must

[Jraf95]

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

Well as we know altcoinis just a cryptocurrency simillar to bitcoin so in any aspect we need altcoin also as of it makes alternate for bitcoin. Eventhough this altcoin and bitcoin is not the same but it don't need to compete because bitcoin is bitcoin and altcoin is just the digital currecy which user receive from their ICO's

[Tony116]

Some altcoins are very useful for people. Thanks to the crypto currency you can make quick payments. But most of the coins exist only in order to make speculation on exchanges. And such coins do not benefit the society.

[olya_n]

How can we not have altcoins?  Altcoins are necessary. Whith altcoyns you can make good money, and their cost at the stage of ICO is quite low.

[posi]

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 still need some altcoin while we don't need some because some altcoin were created to promote the crypto technology business to the world by making crypto currency the mainstream of payment. Example Graft coin planning to make crypto mainstream payment.

[max6575]

with customs of personal preference that users of coin to work with decision as extending use with the occupation as might to gives as chance to returns with nominal profit with the returns of examination.

[infinity33]

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 still need some altcoin while we don't need some because some altcoin were created to promote the crypto technology business to the world by making crypto currency the mainstream of payment. Example Graft coin planning to make crypto mainstream payment.

i believe that there is a lot of altcoin that are been so good to trust for cause we are may able to see a lot pf progress on some of and we are making money also about this so for me better to have some good research for whenever you wanted to have this for to make some profit.

[healthbase_digital]

Yes, for example ethereum allows you to use a Turing complete language and is a great platform for writing smart contracts. A lot of these "altcoins" are actually utility tokens which are awesome, they are like money backed by the usefulness of a certain software. However, yes there are more than we need but at the same time not enough, eventually the strongest will survive.

[Trimegistus]

Can anyone here imagine the crypto ecosystem without altcoins? If BTC was the only option available, all crypto related stuff would probably be still in the realm of a bunch of nerds.

Altcoins exposed this new reality to the whole world and we should all be thankful for their existence.