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Author Topic: Do we Need Altcoin?  (Read 23619 times)
zynan
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February 22, 2018, 08:24:21 AM
 #641

Yes, we need altcoins, because if we don't have altcoins to sell we will not have bitcoins. In my case I'm only having bitcoins because of selling some altcoins on the markets. And because of the word cryptocurrency, its obvious that we should have more coins to choose from so that why there are altcoins available.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Bujonanila
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February 22, 2018, 09:11:12 AM
 #642

New altcoins create competition in which the best survive. In such circumstances, the creators of new projects are forced to make the product better.
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February 22, 2018, 11:10:55 AM
 #643

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 altcoins because each coin has a significant features. But not all altcoins  that are existed are needed. Other altcoin creates because of greed of money. Since there is no regulation regarding cryptocurrency, scammers take this opportunity and make crypto world as their haven. Better search carefully before buying altcoin to avoid this kind of incident.
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February 22, 2018, 11:15:12 AM
 #644

yes, because the existence of competition brings to a faster development of the blockchain ecosystem so there will be a better spread of blockchain  Grin

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February 22, 2018, 11:39:11 AM
 #645

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 probably needs altcoins in the exchange market because like bitcoin its gives us also a good profit in trading investment.actualy all altcoins have a big rule in crypto market especially when you doing a trading investment or ICO project campaign,because some of developer using altcoins for the success of the developed platform project and used the coins to promote there platform products.

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lero34
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February 22, 2018, 12:06:35 PM
 #646

Of course they do. Certainly. It's like all over the world, we do not pay the same currency. Crypto-currencies should also be many, so that there is a choice. One grows, the other falls.
mikaeltomcruz12
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February 22, 2018, 12:15:37 PM
 #647

For me its a yes. Because altcoins has a different purposes. And altcoins giving a chance to earn money because of the bounty the small people like me who those no budget for investment of course yes we need it.
Haladay
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February 22, 2018, 12:18:09 PM
 #648

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 probably needs altcoins in the exchange market because like bitcoin its gives us also a good profit in trading investment.actualy all altcoins have a big rule in crypto market especially when you doing a trading investment or ICO project campaign,because some of developer using altcoins for the success of the developed platform project and used the coins to promote there platform products.

We need altcoins because they prevent the ecosystem from being the same thing. They provide new features to the community and this is amazing.
w33man
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February 22, 2018, 12:52:48 PM
 #649

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?

Personally, I need altcoins because it serves as an alternative source of income when the main coins that I trade are not profitable yet. So, I don't really understand why other people don't like altcoin. Although, I respect what they believe in, still I hope that they give the altcoins a chance and a try because it is really helpful.
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February 22, 2018, 12:58:03 PM
 #650

Of course, we need altcoins, because today the crypto world will not be able to do it any more, today projects are already being created that will improve the lives of ordinary people, thanks to the blockchain, I hope that we will wait for it.
Ngajim
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February 22, 2018, 01:14:37 PM
 #651

YESS we still need altcoins because we can not just afford to depend signature campaign.
and investing in altcoin is very profitable, they buy low value coins and when their price increase, then they will gain profit.
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February 22, 2018, 01:20:13 PM
 #652

i think we need that. because maybe the price of bitcoin so high and maybe (just maybe) is not getting high anymore just stable.
so altcoin come out make anyone stay on crypto like trading or invest in altcoin.

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February 22, 2018, 01:28:49 PM
 #653

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?

It depends who you ask.

For me, altcoins are driving the overall blockchain tech to the next level. There are tons of scams and phishing baits, but those will be filtered out at some point. Look at Ethereum for example. Tons of people are building great solutions on top of it. There are just too many options and limiting the crypto scene down to a few options will do more harm than good.
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February 22, 2018, 01:35:46 PM
 #654

Why not?A currency that used to be absolutely useless in our opinion, the alt is now a steep and constantly used
zelante
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February 22, 2018, 02:19:19 PM
 #655

If they exist means they need for what the.I don't pay much attention to this area, but sometimes I'm interested in the news from there.
bitcoinman93
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February 22, 2018, 02:20:45 PM
 #656

yes we do. It's moving the whole community forward while it also brings some other projects to life, which are pretty amazing to be honest, just think of new shares of exchanges. We need more and more good altcoins
ser54gold
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February 22, 2018, 02:22:52 PM
 #657

We need altcoins but some people says that in future only few altcoins will survive.
Hirameki
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February 22, 2018, 02:26:15 PM
 #658

Yeah from time to time we do need that. It kinda moves our crypto community forward. It brings life to the projects and developments of a company. And it kinda provides moee coins to invest with, and it provides competitions to other coins. And still altcoins is there for us to benefit if we choose to invest on it.

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February 22, 2018, 02:32:27 PM
 #659

Looking at it, human want are not limited, more altcoin are still needed, if everyone in the world should start investing in cryptos will total supply of all available altcoin satisfy? No.
New altcoin are needed to make the world global.
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February 22, 2018, 02:37:51 PM
 #660

Do you know about Lightning Network?At this moment, it`s the main reason, why a lot of alts die in some months, that`s easy to recognise.The most problem thing in BTC now is big fee and low tx, and therefore many alts seem to be useful due to their possibilty of low fees and fast txs. But if LN is launched, this problem`ll be decided, and there`ll be no need to use such alts.
But those alts, which use blockchain in med, logistic or marketing industry, will move new economic system towards.
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