Do we Need Altcoin?

[telephonedroid]

Of course, Altcoins has many advantages, it helps us to earn a lot of money.Thanks to improved technology and selective service.

[KolayZdun]

Bitcoin is the first and most respected coin, but blockchain technology continues to evolve and there are more and more other coins, which are called altcoins. At the same time, most altcoins are analogues of securities and their price depends on the success of the project team.

[allanr]

altcoin is created because some needs are more specific for a particular purpose. I think we still need an altcoin if the product / destination / market is appropriate and suitable and aligned ...
I think it should be that bitcoin and altcoins coexist, because altcoins are created for purposes / purposes that are more specific to a product, need, or case.

[Daisuke]

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 I think that even we have bitcoins we still need to have a variety of coin and for us to have more choices. It can give us opportunity to think critically in order for us to gain more and earn more profit.

[EmmettBrownRu]

This is a venture investment market. This is always the most risky direction for investing. So do not invest in altcoins, it's a half-measure.

[koshkatrol]

Altcoin is very important in the growth of crypto allocation because it is part of the technological development of any platform.

[clololck]

Altcoins is an effective addition to cryptocurrency except Bitcoin. If there is no altcoins, only bitcoin, then the entire cryptocurrency market will become single and boring.

[castiloros]

every altcoin that comes up has always had its own advantages. so I think it is reasonable if the other altcoin is also required. even this will also create competition for every altcoin will be more exciting. so, of course, it will make an investment in altcoin will be quite unexpected results.

[Litefoxx1698]

At the very very many options and choose difficult - ICO can be compared with the release of new shares - to predict exactly whether they will bring income in the future, no one can.

[Xeonhp]

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?

You have to know that there are many areas in this market. They are used to trade different items. Travel, hotel is an example. So, altcoins are needed.

[kaltar]

Without altcoins, the future of the cryptocurrency market is impossible, because only on the basis of new projects can the future of this sphere be built. It should be understood that speculative attitude in the market is temporary and only the practical applicability of crypto will be able to provide a long time rise in prices for cryptocurrency.

[Accts4u2]

Yes we do. There is no way that bitcoin alone can be able to serve the needs of everyone in the world once there is mass adoption. Also cryptos are just like other currencies, when the time comes, each country will have their own which they choose to use. So yes, we do need altcoins to fill in the gaps that were left there by bitcoin.

[makerst]

Of course, we need altcoins because we understand that today altcoins are in great decline and if we ignore this fact today and do not invest in them, other people will become rich, who understand what's the matter and how to use the money correctly.

[Krabat]

This is a venture investment market. This is always the most risky direction for investing. So do not invest in altcoins, it's a half-measure.

If you do not invest in altcoins, then what to invest in? In this market there is only bitcoin and altcoins. I did not quite understand your proposal about this. Cho then should we all do? In what to invest? Only in bitcoin? This is absurd.

[bajindul88]

If you do not invest in altcoins, then what to invest in? In this market there is only bitcoin and altcoins. I did not quite understand your proposal about this. Cho then should we all do? In what to invest? Only in bitcoin? This is absurd.

His question made sense because when he started in this forum. discussion is interesting to be a lesson for beginners who join this forum. certainly related to bitcoin and altcoin, how does effect of altcoin on bitcoin? or vice versa.
Altcoin tends to influence development of bitcoin by almost more than 50%, because when bitcoin has peaked in value due to the emergence of bitcoin forks and tokens to market

[straightliteral]

yes, it increases variety and there are a lot of different things/protocols etc behind them

[gendang_cinta]

in terms of trade I feel that altcoins have several advantages over Bitcoin. there are various types of altcoins on the market, so I am free to choose the best coins to trade. I think altcoin can be very profitable because of its fast and usually surprising movements. so I need altcoin for my trade.

[Honourable11]

Yes we really need altcoins because any market that have no competition would be a monopoly market, it will determine the market and also the value it will offer the community, so altcoins will create alternative and a competitive market. 

[kritiana008]

Yes, we need in them like people need in air. Crypto market is going stronger with increasing alternative crypto currencies and especially if they make something useful for it like bringing investments and raise the level of crypto's popularity and so on. I am sure that only strong alt coin will beat BTC.

[Avadakedavra Lord]

Some altcoins bring a lot of technologic innovations that bitcoin will never have. A lot have way better performances than bitcoin but it stays ahead because of its reputation.