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Author Topic: Do we Need Altcoin?  (Read 23619 times)
xKARELx
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July 05, 2018, 01:08:48 PM
 #1701

of course they are necessary for us and give a chance to make money on them or to support the innovations and ideas of interest to us .. I personally support what is interesting to me
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July 05, 2018, 01:10:44 PM
 #1702

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?

Better to keep what you have today, and when the price is high.
Do not take big risks, crypto world is still far from stable.
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July 05, 2018, 01:24:13 PM
 #1703

Of course, altcoin is one way of investing coin by using small capital, retail traders who are unable to trade bitcoin can trade in altcoin, so we still need altcoin until whenever
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July 05, 2018, 08:19:19 PM
 #1704

Well, this question is so individual. If you have altcoins, then you need to study each coin and decide its future fate individually, as some of them can bring profit and some can depreciate. While in the main bulk, altcoins in not better position because of Bitcoin, but with its growth and altcoins will rise.
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July 06, 2018, 01:14:15 AM
 #1705

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 still do not understand, whether having altcoin is better than nothing. Because in my opinion, each type of altcoin will definitely have a price reduction.
cerahb01
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July 06, 2018, 01:30:04 AM
 #1706

Yes, of course. The existence of Altcoin is needed. Sometimes not everyone can buy Bitcoin. So Altcoin could be an alternative investment besides Bitcoin. Investment in Altcoin is also promising. Although Altcoin price is cheap and very far when compared with Bitcoin but Altcoin can give big profit if made long term investment.
cryptoglenn
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July 06, 2018, 01:44:18 AM
 #1707

Why do we engage in Altcoins? It's just simple, we people are very adventurous and naturally a risk taker, we do take opportunity by engaging to other projects/altcoins that will lead us to success. Many of us do not used the alts for its purposed but we still buy it and gain profit. That's how we peope take opportunity with those alts.

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July 06, 2018, 01:46:50 AM
 #1708

in fact we only need some altcoin for collaboration with bitcoin, but Bitcoin's fame makes blockchain technology developers racing to make a profit with the altcoin they make. of their positive effects support bitcoin growth. from their negative effects damage the value of altcoin that has great potential in the future. but it can not be limited, because they all want to profit from crypto currency.
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July 06, 2018, 01:47:22 AM
 #1709

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?

No need, if we already have bitcoin cash, gold etc then we better focus first on what we have today. For now it is very sufficient.
tukangsiomay
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July 06, 2018, 01:53:51 AM
 #1710

Yes, of course. The existence of Altcoin is needed. Sometimes not everyone can buy Bitcoin. So Altcoin could be an alternative investment besides Bitcoin. Investment in Altcoin is also promising. Although Altcoin price is cheap and very far when compared with Bitcoin but Altcoin can give big profit if made long term investment.

yes altcoin is very good to investment because the cost is cheap and you can invest with small capital and easy to get profit with short and long term, bitcoin now very high cost and for the traders of small capital will run out of funds to pay fee
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July 06, 2018, 01:54:35 AM
 #1711

Many altcoin bring you high profits. It may be higher than when you invest in ETH or BTC, so I think it's never too late to altcoin, they are the most profitable.
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July 06, 2018, 02:24:58 AM
 #1712

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, the more altcoin we have, the greater our chances of profit. We will also increasingly know the advantages and disadvantages of altcoin types.
dankboner83
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July 06, 2018, 02:34:58 AM
 #1713

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 do. Bitcoin is technically just a "coin". It is not a business or anything. Having bitcoin alone will not help us in developing technology around crypto and blockchain. Most of altcoins are projects with working products that bring the real business to customers.
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July 06, 2018, 02:38:24 AM
 #1714

I believe that we need a few good altcoins . Demand for crypo grew up and crypo market will not work only with bitcoin. If you have enough money to invest many coins such as bitcoin you can use bitcoin .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.  Grin
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July 06, 2018, 02:41:00 AM
 #1715

of course we need another altcoin because the new altcoin also has the potential to compete with the old altcoin in the market and also can give us many advantages

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July 06, 2018, 02:43:06 AM
 #1716

This is a rationale question as it would bring out numerous answers as a great many people that put resources into altcoin have distinctive reasons why they do yet for me, I think altcoin are great as they are methods for concealing for some lost coin, they are less expensive and when put resources into on either long or here and now, it will return benefit. In as much as there are such a large number of altcoins by and by and it is relatively hard to distinguish which one id great, I think putting resources into old stable altcoin is superior to putting resources into new coin that you don't know about what will be the result.
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July 06, 2018, 02:46:53 AM
 #1717

Altcoin is a service enhancement from Bitcoin, the synergy between Bitcoin and altcoin is very solid, this makes crypto very popular by the community
never forget Bitcoin, if you already like altcoin

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July 06, 2018, 02:48:46 AM
 #1718

Yes of course we still need altcoint, in this case for investment, there are many altcoint that we can make an investment, choose altcoint potentially eg ethereum or neo, investment in two coint will certainly provide an advantage in the future
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July 06, 2018, 02:57:59 AM
 #1719

Altcoins are needed as Bitcoin is having a lot of deficiencies and is not suitable for all the crypto-related purposes. Alts such as ETH and XMR cater to domains which are not served by BTC. But at the same time, there are too many copycats around.

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July 06, 2018, 03:22:44 AM
 #1720

Need, if there is only Bitcoin in a market, I think it is very difficult to survive. Just like we only have people in our lives, can we survive alone?
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