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Author Topic: Do we Need Altcoin?  (Read 23672 times)
mr.bitcoin2k17
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January 25, 2018, 10:59:09 AM
 #421

Yes, we do. Bitcoin needs a competition to get better. But i agree that there are too many altcoins right now, and a lof of them are completely useless
fazerockzx
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January 25, 2018, 11:02:30 AM
 #422

Altcoins are choices, there are a lot of alts there so that we can have a list of our choices, if you don't like it find another one. Some people  are choosy or picky, that's why some of us like the idea of having many alts to choose from
rurubot
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January 25, 2018, 11:20:51 AM
 #423

Altcoins are necessary. Obviously they were created to compete with bitcoin. And it is one of the best ideas to neutralize the wealth that can obtain  here in the system since it looks now like it is designed to reward early adopters of bitcoin. I'm not sayng that that is bad and i'm not blaming anyone for it. Just saying.

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Usui-Kun
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January 25, 2018, 11:22:57 AM
 #424

Some altcoins have their specific functions too! Do not think of them as just investments, most companies did make altcoins just to earn profit by investments, but some altcoins are made for special uses depending on which platform they are made by their company for. Try researching about those coins, you might be surprised on how they are used, not just for exchange or trading.

Tonygold1967
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January 25, 2018, 11:24:56 AM
 #425

If we pretend that crypto is the future of the exchange, payment and currency, we should admit, that it is not achievable only with one currency, even if it is BTC. Besides, if crypto will be payment system of the future, it should be affordable for everyone.
KeithBeeCham
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January 25, 2018, 11:28:56 AM
 #426

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?

We need altcoin as the current world uses the international currency that is USD, it is like Bitcoin, and the coins in different countries circulated, these are altcoins. Altcoins are essential in determining the future of the cryptocurrencies market since potential altcoins will help cryptocurrencies grow in the future.

LaLuna
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January 25, 2018, 11:34:52 AM
 #427

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 say yes.
peach56
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January 25, 2018, 11:40:04 AM
 #428

Yes as new ALTS are now being used for a great variety of different things etc like payments/ discounts on exchanges and access to new tech products. Bitcoin never gave this as an option

Jaemouns
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January 25, 2018, 11:53:23 AM
 #429

Altcoins is a must. If we haven't got any of the altcoins now bitcoin could have never gained such a popularity as the present. When something grows it won't be valued, but the same when grow competing with something else surely the growth makes it stand apart from the rest.
You have a point my friend.It's hard to reach bitcoin but altcoins really help us to made for bitcoin.My point is altcoin and bitcoin is a partnership to make the cryptocurrency growth.As of now many ICO's project really boom so that they are allign in Bitcoins path which is the coinmarketcap and make a name to be a part of crypto world.So this is the reason why we need an altcoin cryptocurrency.
Zooplus
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January 25, 2018, 12:00:28 PM
 #430

Yes as new ALTS are now being used for a great variety of different things etc like payments/ discounts on exchanges and access to new tech products. Bitcoin never gave this as an option
Altcoins has real product, they just use a certain platform to run their product or service and that is why I believe
if a certain project has a great potential, it will grow in the future.
Bitcoin and altcoins will grow together because people use bitcoin as a mode of exchange for altcoins.
P60
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January 25, 2018, 12:46:17 PM
 #431

Yes, we do. Bitcoin needs a competition to get better. But i agree that there are too many altcoins right now, and a lof of them are completely useless
We really need altcoin. Even though we have Bitcoin or we are holding Bitcoin, altcoins are still reliable; especially Ethereum, this coin is promising just like Bitcoin. Its value is lower than Bitcoin but its popularity is becoming huge.

Chrisjay29
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January 25, 2018, 12:56:33 PM
 #432


    For me altcoin is important in the crypto world because  he makes the crypto world more interested.Holding bitcoin is also great but poir in transaction especially in fee.In other altcoin they got low fee and profitable to buy there now use to invesy in a ico.Many altcoin now got big potential specialy ethereun abd ripple.
Greenrace
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January 25, 2018, 01:07:24 PM
 #433

which I know to get bitcoin we need a lot of money for that we need alt-coin which is easier to get and there is a way besides buy it

sukron
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January 25, 2018, 01:07:41 PM
 #434

if in my opinion we still need altcoin if we are still trading because we need altcoin which is still low value to buy and will be sold after the price has gone up high
Nukleo
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January 25, 2018, 01:09:35 PM
 #435

Altkoins are needed for those who want to pay and use other money. Altcoins do not pretend to anything, they are just an alternative.
JohnWick_Bitcoin
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January 25, 2018, 01:18:26 PM
 #436

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 created to compete with bitcoins and because of that, different companies are already making a business hoping that the value of their coins in the future will increase and might surpass bitcoins value. We only need altcoins for us to earn profit with a lower investment since the value of bitcoins is very expensive today.
Baton55
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January 25, 2018, 05:36:57 PM
 #437

The major issues with Bitcoin are its slowness and impracticality in retail transactions, a lack of consumer protection, and technical weaknesses that make it susceptible to attacks. Investors in altcoins hope that in the case that Bitcoin suffers a major failing, the altcoin they’ve invested in won’t be subject to the same downfall. Much of the buzz around altcoins surrounds some coins’ ability to run smart contracts, computer programs designed to enforce the terms of a contract automatically, without room for error. Smart contracts greatly reduce risk and have a wide variety of applications, from insurance, to shipping, to real estate.
Spiero7
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January 25, 2018, 05:40:12 PM
 #438

Yep we need them so much. My most important reason being the fact that if it were to be bitcoin in the crypto world, then the world won't see the positive in the evolution of digital currencies
VelVenueva
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January 25, 2018, 05:43:49 PM
 #439

Yes! Altcoins are giving the variaty of the crypto currency. Even though almost every day there are comming new altcoins, yet not every single one still worth and this is the best thing for me in crypto. To evaluate which coin worth the investment  Grin
naikturun
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January 25, 2018, 05:47:13 PM
 #440

altcoin should we have and we need because the current coin cryptocurrency is very varied and has a diverse price. for example ETH is a good altcoin cryptocurrency and has many uses, if we want transactions in the market from the wallet would require ETH. therefore we do not have to be fixated on one coin but we have to see a lot of coins to get profit.

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