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Author Topic: Do we Need Altcoin?  (Read 23619 times)
bhoybitcoin
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February 12, 2018, 02:41:52 PM
 #601

For me yes, I need altcoins. I will not base my future in just one coin when there are also other coins that can be an additional investment in my portfolio. The world is wide as they say, you cannot catch a fish in just one spot. Grin

Vanopest
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February 12, 2018, 02:44:11 PM
 #602

I think the real development of the blockchain is happening in altcoins right now. Bitcoin is only trying to scale to solve their transaction problems. While with altcoins devs are trying new things with blockchain tech which i think will better the future of bitcoin also.
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February 12, 2018, 02:45:43 PM
 #603

Yes mate, altcoins help many markets to get high volume in trading. Many of new altcoins come because there are problems to must be solve through their platform.plus those altcoins that have been now at a high price remember that mate. It helps us alot
Bessta
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February 12, 2018, 02:59:39 PM
 #604

Yes we need altcoins because as an investment it provides earnings to many who believes in cryptocurrencies. Many alts create a competition which is good for the economy and suppress monopoly. Since bitcoin is not easy to use, alts are develop for faster and cheaper processing of transactions. Crypto technology is continouosly evolving because of the birth of more alts.

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February 12, 2018, 03:09:13 PM
 #605

Sure, it increases variety. Think of it as different fiat currencies you may want to invest in. Just because the dollar and euro are the strongest currencies right now, doesn't mean other fiat currencies are not required?

Thats true if we have a lot of competator then we have a lot of choice if what coins we want to support there more more altcoins but still it depends on us of what project we are investing study is a good policy whatever you invest.

cryptojohn9
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February 12, 2018, 03:17:10 PM
 #606

yes we need altr coin .I think altcoins with technology which is faster and better fast confirmation, no fees are better the bitcoin,
Even in doing trade in the exchange site platform. So my answer is yes! we need altcoins to earn a lot of bitcoin.
jsscswan
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February 12, 2018, 03:18:42 PM
 #607

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?
Of course we need altcoin, let alone for the investors. Altcoin provides variations in cryptocurency, so we can choose to use one of altcoin as needed and make a lot of options for trading materials.

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February 12, 2018, 03:20:15 PM
 #608

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 need it. Because every altcoins are different destinations. Not all altcoins have the same goal. And of course nice altcoins that have varied goals. But sometimes there are altcoins who are almost similar to other altcoins. And the goal is sometimes the same. So essentially we still need altcoins.

patz22
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February 12, 2018, 03:25:56 PM
 #609

Bitcoin is like water to us wherein crypto will not live without it. Well of course this industry needs altcoins wherein it gives us the freedom to select which to invest to since Bitcoin is not that affordable for new investors just like me. Creating a competition within the business will definitely help us in the growth of this business.
MFY151
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February 12, 2018, 03:31:19 PM
 #610

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, altcoins play a really important part in the cryptocurrency industry and investors alike. Though it may seem to compete with bitcoin what it does is actually making the market more healthy in terms of increasing in the variety in which what investors benefits the most. Having a variety of coins in your portfolio also lessens your risks and increase your profits plus with bitcoin's high value it would make sense for some altcoins to be more accessible as a mode of payment in different transactions compared to bitcoins.

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Cmoh
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February 12, 2018, 03:33:07 PM
 #611

We all need altcoins because this is the future of currency. Altcoins not only the currency but a fast payment services which the business needs nowadays. Whether public or private company fastness in their product delivery and payment also. So, for now, the time for accumulating the coins.
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February 12, 2018, 03:35:03 PM
 #612

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 really need altcoins. All of the altcoins have purposes. Developers are creating altcoins because they want to solve a particular problem that existing in our society. There are problems that the bitcoin can't solve so it is the reason why altcoins are being created.

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February 12, 2018, 03:35:25 PM
 #613

Yes, because most altcoins are products or tokens that can be used for the development of the project in the long run. It is also a very good means of investment. For trading, most altcoins is more volatile compaired to bitcoins, so it is also very good when day trading.

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February 12, 2018, 03:52:14 PM
 #614

In addition to the old altcoin, we need a new altcoin for crypto development. Each coin has its own value. We will not feel challenged if we only have coins. Sometimes some coins can give us experience in crypto.

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February 12, 2018, 04:03:30 PM
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 #615

It's like in the world economy with its many currencies. Another thing is that most alts are garbage. But this is the way to make money on the stock exchange.

My answer with that is a big yes, for me we really need altcoin because there are so many altcoins that has a very bright future and we need altcoins because when the price of bitcoin was very high, we can buy more altcoins.
btcefeyigit
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February 12, 2018, 08:32:12 PM
 #616


of course there is. The crypto money world is very clear to innovations. subcoins are constantly moving. investors get new opportunities.
MGmahesh
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February 12, 2018, 09:16:02 PM
 #617

altcoin is very necessary and still necessary, in principle altcoin, bitcoin and other crypto currencies have the same side but with different capacities, others even though different but mutually support and build the quality of price and specialization in the market what else is now a lot and varied models and measure, I think this could be the innovation and potential of increasing demand from consumers or investors to buy it.
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February 12, 2018, 09:23:26 PM
 #618

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 altcoins for sure because everything in this present world can be related to cryptocurrency.So signals  is to democratize machine intelligence in the cryptotrading industry.
DATxOfficial
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February 14, 2018, 08:45:21 AM
 #619

We sure do!! Altcoins and the technology they are developing will change the world. Their contribution could seem small at first but real results will be seen in 3-5 years. Check our innovative idea on http://datx.co
porfenovich
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February 14, 2018, 10:43:32 AM
 #620

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?



And how about the competition? For anything to have this competitive edge, it should be opposed to something!
So, these altcoins must exist. At least alternatives are a must for the market. Bitcoin may have never gained so much attention.

 
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