Do we Need Altcoin?

[vduy90]

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.

[petergo13]

No ofcourse not, it's become just a way for projects to raise funds, like a kickstarter.

[pickledmuffin]

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. Competition is good for the crypto world because in the long run it will produce better coins and more opportunities.

[Rtalk]

We do not need new altcoins as such.New altcoin is important only when it solves a real problem! Most altcoins on the market today-solve most of the problems,but many of them have problems, including with scaling.When they solve all the problems, new altcoins are unlikely to be needed.)

[hadao.38]

I think we do need altcoins to prevent the exclusiveness from big coins like Bitcoin or ETH. If we have many altcoins we will have more options to make not only BTC or ETH.

[doyyulto]

Obviously we are in dire need of altcoin, because it is very difficult to get bitcoin.Altcoin as a coin support so that the existing virtual currency can be a differentiator, in the hope there will be no difficulty to invest the coins.

[noneedmoney]

Bitcoin would not have gained such popularity without Altcoin. The more Altcoins, the more opportunities for invests. I believe that he is needed, but we must be able to understand them.

[Schovgurov]

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.

[duyhung1400]

Yep we need them so much. My most important reason being the fact that if it were to be bitcoin in the crypto world, then the world won't see the positive in the evolution of digital currencies

[decoder88]

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 to have better opportunities to find a good coins for our investments even though some of them are shitcoins but still we need altcoins a basis for all listed coins in the market and compare it on other cryptocurrencies.

[cuongnguyen0540]

Yes some of the altcoins has a different values so needing altcoins is not just we need it its stick on our lives becuase people when they see bad on a material they do muvh more better to help the people. Thats why maybe somealtcoin are better than the other bitcoins criteria thats why it important and we need it.

[pehatas]

Altcoins who parody Bitcoin and receive HYIP only from the fact that Bitcoin is very famous, are no longer needed. But the cream of such altcoins has many useful companies that make the crypto world better. It is these altcoins that are needed.

[morsmart]

I think we need altcoin for innovation, with blockchain technology, many people are able to raise money to finance and create their projects around blockchain like Ethereum.

[maynguyen]

This is good for investors. Every altcoin has a different technological background and there are really good altcoins that will grow and overcome the remaining altcoin.

[(o)(o)ilikeboobs(o)(o)]

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 why not? lots of altcoins prove that they're miles better than bitcoin and ETH!
and I think they exist for a reason. they have their own purpose that bitcoin only can't reach. that's when we need a altcoin

[artisarr]

We need diversity so that no coin will have an ultimate monopoly. These new coins are an improvement over the older coins.  The world is a dynamic place and so this changes all the time

[artisarr]

I think altcoins play a great role in the cryptocurrency market, it is not good for bitcoin to be the sole cryptocurrency and the market would not be able to continue and maybe crash.

[GrannyC]

Sure there are many use cases and coins alone cannot just cover all the different needs in the market. More alts are needed.

[petir.bay]

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.

[veronikadobryx]

Of course , I think that we need altcoins , now there are a lot of good promising projects, a lot of new technologies that work and investing in them can be well earned .