Do we Need Altcoin?

[PutuPartoHarjo]

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?

Unfortunately, although there are currently too many coins, I say we need Altcoin and new projects. We need Altcoin and a new project to build a new community. Because Without new comminity it seems like crypto is not going to be the way it is today.

[makawa]

I can say yes, we need Altcoin. We need Altcoin and a new project to build the competition.
So the development of crypto itself will happen with new projects that are more creative and innovative.

[Trimegistus]

Unfortunately, most answers justify the need for altcoins with the possibility of speculative profit.

I fear greed might damage this industry more than any tyrant government.

Altcoins are needed mostly because they are the field for innovative ideas and pioneering uses of blockchain tech thus creating new jobs and opening new fields of research.

If we can make money out of it, fine. I want it too!

But greed is exactly why the Wall Street Mafia and all other criminals took the world to an abyss.

I just wish crypto could be above that...

[jessequick]

We definitely still need altcoins from the top-10 of coinmarketcap. Some of them are way better than bitcoin from technological point of view, others are connected with smart-contracts or other aims not connected with bitcoin.

[dkkhfhar]

Of course, altcoin is needed, and only moderate competition can promote the development of the community. A few years ago, ETH was a small project, and now it has occupied a large amount of trade in the community. If the community has been developing, there will be more valuable ALT.

[Masha777]

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, that altcoins are in demand in the market, because they have very strong technologies that are on par with that of bitcoin

[marissa8999]

Bitcoin price too high and if only invest with small investment we need wait so long time to make huge profit here, but with altcoin we can make little money to be huge

[*kimcil*]

Altcoin presents the competition in this regard, although there is no alternative cryptocurrency that poses a real threat to Bitcoin. Without altcoin, Bitcoin will look very different from what we know today.

[lalatao80]

Dash implemented a two-level system based on the masternode  which opens up wide possibilities. In Zcash realized anonymity.

[steins19]

We need altcoin to balance the system in crypto currency. If btc reigns over ico then btc will decide what the market coin value is. This is very important because competition will make service ven better

[Denlv]

I say yes becose if we dont have altcoins on market place low variaty to get some good reward.Altcoins is good do grow p population of people who want to invest in new technology imagine if only bitcoin will be on marketplace no intrest in investment,peoples want to see somthing new!

[Celebrity]

Of course, we need altcoyins, many altkoins are already overtaking the same bitcoin and ETH in capitalization, as well as improved algorithms in altcoys. Technically, they also bypass bitcoin.

Capitalization of altcoins is similar to the capitalization of bitcoin. They are creating companies and they are making amazing jobs with the funds they raised from their initial coin offering programs.

Altcoins will be doing well in the business fields.

[kworrom]

Alts create diversity in the market, and this plays a key role. Without them there will be no future of the cryptocurrency, as many people can not earn on this and leave.

[BrentMack]

We do need the altcoins, there is no way that all of us can depend on bitcoin to serve everyone in the world. Altcoins serve a very important purpose and lately, altcoins have become one of the very best ways to make a lot of money when you invest in them

[Aristus]

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 them but not all. Investors need them to make money, bounty campaign need it with the same reason as will. Hehe. I'm just joking but this is a little bit true. What we actually do not need is the scam ICO because they make every investors and bounty participants gullible to make easy money.

Every promising altcoin Us what we we need in crypto world in order to make everyone have a choice for what they think best for them. That is marketing system.

[PatM14]

we definitely do need altcoins. some coins have very great utility. one that i own is dgpt which is a great solution to our digital inheritance issue.

[Arlibtchunt2018]

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 ofcourse, the more choices we could take the more beneficial for us as investor. Knowing that our population is growing. Being a pioneering investor on a certain ICO is what many wants.

[iancortis]

yes! altcoins are the vitamins of the main cryptocurrency which is bitcoin. and so many tokens has a features needs to our ecosystem doing their unique and usable jobs like a cycle of life they push about eco-friendly blockchain systems users can acquire with no limits all around the world.

[Darwin123]

Yes we need altcoins because every new altcoin have an different idea and projects and sales and also every new altcoins are have potential to future too so we need altcoins.

[Esiduf222]

Adding variety to stuffs makes them look great. Similarly lots of altcoins make up the variety. Not everybody can afford to invest in Bitcoin, so some investors will opt for others. Also most bounty programs pay in altcoins for bountyhunters.