Do we Need Altcoin?

[nairb131]

Yes, there are so many altcoins in crypto and more of them are still coming in. Though some of them are legit but there are some of them that are not potential and do not have good developer and team members to support them but I think there should be a regulation that will monitor the altcoins coming into crypto and ensure they are potential.

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[RuAGA]

Yes, there are so many altcoins in crypto and more of them are still coming in. Though some of them are legit but there are some of them that are not potential and do not have good developer and team members to support them but I think there should be a regulation that will monitor the altcoins coming into crypto and ensure they are potential.

I will support the idea with regulation, and it should be still at the very inception of the ICO project! this will largely protect investors from losing money!

[tepyh]

first of all we need money - and what will bring them, this is another question ... Altcoins are more needed by companies and not by us.

[btctop1]

I believe that it is high time for altcoins to take the upper hand and show that cryptocurrencies are not only investments, but also real business. Tired of it is the dominance of investment coins and kings, which are only fed by advertising and marketing. Where is the product that is able to bring money?

[Tambu]

Altcoins is important it will serves as balancer for the price. If there is no alts price of primary coins is too expensive. Only few could afford. Alts pull the price down of those primary coins.

[JQCrypto]

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?

Some altcoins are just rubbish, but some altcoins are really needed. Their solutions is really useful for our life
For example:
- ETH is for DApps, smart contract.
- XRP is for international banking transaction
...

[mitsarasss]

Without altcoins, there will not be a crypto currency market, there will be no competition between projects, it will not be meaningful to do a variety of projects on a blockchain, not just on bitcoin.

[Julasic]

of course we need it because every coin has its own concept and then the benefits of each coin is also different although there are similarities as well as one of the main is for trading use
 

[Mr.frost]

Altcoins are meant to be the step way to btc because almost all are after btc before,now we have lots of coins that gain its value through time and develop its own exchange.My answer would be yes for altcoins have potential it may not exceed btc but it can still give good profit.

[gunbars]

We need altcoins to prevent Bitcoin monopoly in this cryptocurrencies sphere. We can't let one coin create and tell the rules.

[bixorastexante]

Do you really think that we NEED all this altcoins that produced everyday by anyone who wants to produce it? Does the market REALLY demand it?

[rambak]

I think we really need Altcoin.
If there is only Bitcoin in the Cryptocurrency market, Cryptocurrency will not develop.
Meanwhile, Bitcoin has a very high price value and not everyone likes Bitcoin.
There are many people who tend to like altcoins because the value of the price is still low and has the potential to rise in price in the future.

[KesoNie]

I think we really need Altcoin.
If there is only Bitcoin in the Cryptocurrency market, Cryptocurrency will not develop.
Meanwhile, Bitcoin has a very high price value and not everyone likes Bitcoin.
There are many people who tend to like altcoins because the value of the price is still low and has the potential to rise in price in the future.

In some aspect of trading yes we need altcoins to be able to get yourself involve here in crypto world or market. Though it would be better to own bitcoin or Ethereum since they are the crypto coin that established their technology fully but since it is too much to afford that's why altcoin is important.

[FinanceX]

We definitely need Altcoins. The current competition in the market is very healthy. It will push each ICO and each new token to have the greatest utility

[mashina65]

The currency becomes stronger, faster and safer.Because it's a new kind of investment, affordable.

[jayendo]

I'm sure that today altcoins are really needed to help society and significantly speed up the usual transactions, the real technology of the future.

[Khiceog]

I continue to believe in excellent prospects and the importance of altcoins for the modern market, given the more comfortable and secure opportunities for transactions, payment for various goods and services.

[sieemma]

Without altcoins, trading will not be possible so I see altcoins as another useful cryptocurrency in the crypto space. Most exchanges do not offer OTC trades so we wouldn't have been able to do our normal tradings and btc would have been very difficult to get if it were the only crypto. New members can start up with new coins and when they get profit, they can buy some bitcoins and enjoy.

[lehnelora]

Of course, because of the Altcoin, it gives a wonderful impact on the growth of Cryptocurrency. The more the increase of new coins is very good because doing so will add to the investors who join.

[Leysdnik]

Of course Altcoins are very necessary for the cryptocurrency market. Just Altcoins offers us a good return on investment with a small initial amount.