Do we Need Altcoin?

[Trimegistus]

It is obvious to me that crypto world gained a lot of exposure due to the existence of some many altcoins.

Unfortunately, most of these alternative crypto assets are nothing but scams created specifically to steal money from new and naive investors.

Hopefully, some new regulation will stop this ICO mania and pave the way for the good crypto assets to thrive.

[Albertio]

I think with the higher bitcoin value, it needs Altcoin to balance market capitalization and surely more and more altcoin will have a positive impact for investors especially for beginners in this industry.

[Andre#]

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 believe that other altcoins are needed. First, behind the altcoins are the working products (yes, apart from empty promises, there are also those that really are a working product). Secondly, it allows you to earn money.

Haha, altcoin like the reason to make the Bitcoin developers do not forget they are not the 1st on the cryptocurrency world.
However, even many products, results created from Altcoin still not enough to change the opinion of the Bitcoin developer to improve the Bitcoin system.
I know improve the Bitcoin system not only depend on the developer, it still depends on the decision of the mining community.

[sultanali]

Most of the coins are based on specific technology and they have done proper work to be used for that technology so yes many coins which are in the cryptocurrency market will be used by the people in the coming future.

[Redpill_Crypto]

If you see Blockchain as a whole new layer to every existing industry, you may think about your question differently. There is always room for innovation. Blochain as a whole is great, because it allows to disrupt every industry in existence and even allows to create new industries.

Think about how much change the internet brought to every little detail in our lives, how it changed everything. There will always be use cases for different needs. Do we need a token for every company? Of course not, but I think it is a way for people to get a share of the entire economy if this continues this way. Even the slight chance for people to create montary systems, without goverments dictating everything.

There are tons of altcoins/icos emerging every day, like in this list ( New altcoins list: https://docs.google.com/spreadsheets/d/1Ja83ZCDDOgNXNYatD5w-2grA8IENuSwGjtSHWOG247E/edit#gid=96459601 and altcoin research telegram group: https://t.me/joinchat/GhK9kFHh1UJczLLxIEgDlw). But it doesn't mean every company is needed by the people. it is just great to see, that there are so many people trying to move our world forward.

[Triss Merigold]

I believe that if there is a need for specific features or new technologies (eg smart contracts), then altcoins needed. Each of them has its own purpose, one Bitcoin will not realize all the projects.

[jk20201818]

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 for sure! ICO is the future, in my opinion. You invest in the project you like and make money out of it at the same time!!
The one, i've been working with recently is "Red Lanterns". Totally recommend it!
https://[Suspicious link removed]/RddguE

[makalu]

If we haven't got any altcoin yet, bitcoin may never be as popular as it is now. When something grows, it will not be valued. But when competing with other things, this growth will definitely disconnect from other things.

[xTachibana]

Why not?I don't think diversity is a bad thing, especially when it comes to currencies.In the field of cryptocurrency is simply obliged to exist a variety of coins

[wong tsu gieh]

Yes we need altcoins but we do not need more then we already have i think we have like 1200 coins in total and nobody follows them all everyone follows the most popular ones and they only try to follow one if they see how much they can make.

I think yes we need altcoin because with altcoin we can have a dream to succeed, if we do not have altcoin we can not have much profit and if it does not have altcoin what would be bitcoin if without altcoin since altcoin also depends on bitcoin,

[Angel Balu]

If you look ahead, then we need altcoins, just purely for my trading, suddenly, the price will be profitable for example or something else. Anything can happen, and so it's better Yes than no.

[drewage]

I use altcoyin only for speculation. In the future, there is no coin that could be as popular as bitcoin and ethereum

[Tetep Mesem]

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?

if you still want to get more results, you can buy more coins. I suggest buying more coins because the market down gives a lot of coins at an affordable price. so you can hold it for a high price.

[evader11]

If you have enough money to invest many coins such as bitcoin, litecoin and ethereum you don't need an altcoin anymore because you can get a huge income of it. But if you don't have enough money then you will needed an altcoin to join bounty and earn money. So for now i need altcoin because i don't have enough money to invest.

[Ms Nuha]

I want to say yes we do need a good altcoin because Altcoin is an alternative cryptocurrency launched after the success of Bitcoin. Generally, they project themselves as a better substitute for Bitcoin. Altcoin may differ from Bitcoin in various ways. Some altcoins offer a more flexible programming language to build the above applications, while others offer more privacy than Bitcoin. And Altcoin can be an alternative for us to invest.

[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 for sure! ICO is the future, in my opinion. You invest in the project you like and make money out of it at the same time!!
The one, i've been working with recently is "Red Lanterns". Totally recommend it!
https://[Suspicious link removed]/RddguE

ICO is just one of the reasons to deal with altcoins. Statistically, traders earn much more exactly on alts. It is much better to have in your wallet several different coins than one-two BTC and BTC forks.

[Boysisig207608]

Of course yes we still need altcoins, we cannot just afford to depend in doing signature campaigns right now because only high ranking members are paid on a much higher rates compared to low ranking members so investing in low valued altcoins is one of the best chances that we got today so that we can be able earn good profits in this coming days.

[jimimcome907620]

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 it is necessary for us to have more choice wiith more coins. The mroe chioces we have, the more chances we will have to make more money.

[mix max]

Altcoin will always grow every day, born every day. Because its the new kind of investment which affordable, if there are only bitcoin then the markets will be less attractive.

[Kenway]

Of course, we need  altcoins, altcoins are just like a way to get profits in trading. i don't think there are more profit in bitcoin.