Do we Need Altcoin?

[shikamarunara]

I believe that Yes, without altcoins there would be no bounty and the bounty would not be the majority of the forum community

[karisiak123]

yes besides bitcoin we also need altcoin because they have the same important role here. besides bitcoin we also need altcoin to get needs or money quickly

[Underw00d]

I think that this is a question that can be answered in this way - A large number of varieties of coins and projects is good, because it stimulates competition.

[Mhd-Bobbi]

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's only recognizable for research. many new altcoins. then stay alert to choose some of the latest altcoin. my advice, you just understand the latest altcoin. doing old altcoin work. if you think it is trustworthy then take your decision to collect coins.

[aces777]

Do you know that competition drives innovation and without competition most of the blockchain technology is going to grow at a very small pace. Also Bitcoin and its forks don't cater to the all the potential use cases of the blockchain technology and there are going to be altcoins created which serve those markets.

[mir4a]

If altcoins are bought, then they are needed.
Basic economics from school, supply and demand.
For what reason they are buying is another matter. Technology or interest in the earnings at price fluctuations.
In any case, all the altcoins that are not needed will disappear by themselves. There is no need to worry.

[crypto vlad]

Of course. Because we have to have an alternative if bitcoin gets worse. Altcoin also has advantages not owned by the bitcoin of course. So no one chooses more than one coin.

[dashayana]

Of course we desperately need Alt coins to give you many options in investing. If you want to go after Bitcoin I think it's too hard because the price is too high. We can invest in Alt coins that are cheap. If the investment we invested successfully then the investment can we move on the established coins Alt like Eth and others.

[gidrulionel@gmail.com]

I think altcoins are a necessity, as each altcoin has its own use case, and it also adds competition to the market, thus better products are made.

[Balkirikk]

Certainly the cryptocurrency market really needs the altcoin. although bitcoin is very good, it still has disadvantages that can not be overcome. So the altcoin was born with outstanding features and the ability to apply in practice, these altcoins have made the market crypto more diverse and more nuanced. I believe that bitcoin needs to have altcoin to reconsider its altcoin and also look bitcoin to do the mirror.

[prockopenckoal]

Bitcoin Bitcoin and its forks are not needed, and altcoins are needed because they correspond to the current realities of our industry.

[jerowacik]

The problem is there are lots of coins have no practical usage, except for very few. If any currency becomes widely adopted in the future, I think bitcoin will still have a market share.

[Vzae]

Of course, this is to increase altcoin variation in the world of cryptocurrency. and also to increase altcoin market price competition in cryptocurrency.

[profitbezpredela]

Yes, we need alternative coins. For me, this is a great way to make money. And it's very difficult for me to live without crypto currency.

[Voloshin2981]

As for me, thanks to such a large number of altcoins, the market of crypto currencies is now so lively, there would be no bitkoyna at such a price without other technologies,

[mirgo1791]

with the use on daily casual as payment medium and on investment, users or investors to work on decision as appealing of distinct with selection on unit with the indication as preparing chance on extensives to keep on beginning terms of initials as to gains with returns on works with completion.

[cadoso876]

For me, we dont need it but businesses that use it to run their business needs it.
Altcoin is part of the cryptocurrency system.
In some way we can use them to avail services and product. We can also use it to gain profit through trading.

[henry1997]

According to my analysation there are 90% coin in this market are useless and not worth it bitcoin can do all the work which they can do but yes there are few coin also which are required because at some part bitcoin is not able to be used in those places so those coin are made for that purpose.We should not still wipe out the existence of Altcoins, because rivalry and competition among them still brings sanity to Cryptocoins generally wiping out or reducing monopolistic effect. However, each of them will want to as much as possible tries to develop their project to the best standard. And this avail us the opportunity to trade with better ones among them in some situation. In less than no time, shit ones so introduced among the Altcoins crashes at the long run.

[fakeshadow]

I will agree with that. New and extra altcoins can really produce and increase variety. People or encrypted users may be more encouraged to use alternative coins, because altcoins and ICO have different properties and may be suitable for others who want to invest.

[ROMANALADIN]

The pioneer bitcoin is far from ideal, because the underlying software has flaws that have come to light over time. Therefore, the appearance of improved versions, altcoin, became inevitable.