Do we Need Altcoin?

[brijeshmota]

Bitcoin is the king off all Altcoin but there are no meaning of king without The people in kingdom so we need Alt because there are no meaning of bitcoin without altcoin.

[bledex17]

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, what is only needed in crytocurrency is bitcoin and altcoin, the rest is just as crypto enthusiasts. actually without other coins crypto can run and will still exist. only ethereum and bitcoin can run crypto.

[hengha]

The advantage of the altcoin is that it allows us to get considerable profits in the short term, and the bounty hunters also need these new altcoins!

[Usafstar]

Yes for now many of the users are accepting altcoin for transactions and transactions can be done between two parties if i need some work i have to pay them altcoin which they needed i have paid several times Ethereum and i need many altcoins for transaction. For investment also we need altcoin to buy for future need now the price is good but future prediction is difficult now.

[BivanF]

yes i absolutely think that we still need altcoins because they come up with the needed development which is needed for the crypto in the future and maybe implemented in other and better coins

[LordMeowMeow]

To be honest, i think we surely need altcoin but we just don’t need all of them. There is no point of creating too much useless altcoins.

[Pr0st0Pr0be1]

Altcoins at the moment are like appendicitis in prehistoric time. We need them. But if they want in the future remains a question.

[s1lverH]

Altcoins will play a role for the market. Alas, but now they shadow BTC and completely depend on it. But those technologies and innovations that they bring to the market will be able to change much in the world of crypto-currencies.

[pendong101]

Yes i think so we need them because they come up with the needed development, but only some of them not all of them some are just garbage or scam

[DonTsTop]

I will say yes to this because most of this altcoins are cheaper and grows faster than bitcoin even if it is the most valuable coin in crypto. I think if you research and invest in valuable ones, they will grow faster than bitcoin as long as the market is in a stable condition but I also think there should be a body or regulation that will help monitor to ensure that only potential altcoin come into the market because the rate of scam is quite high.

[sexylady13]

Honestly, I do not understand what it means to us. To whom are we? Just people who do not belong to the crypto-currency, grandparents? If so, then for today, I think that no, they are not needed. Maybe in the future. But if we talk to - that is, traders, bounty hunters and other people who make money on this, then, of course, we need them! And more than that, they are necessary for greater earnings. Of course, not everything is in a row, but there are normal turns on bizhirs. which are well traded and show great activity. In this case, and on such terms, for us, traders, for example, have more opportunities for earning.

Guess, this issue is more complicated. will cryptocurrencies be included into the real economy? will they be traded anywhere except the exchange? I hope, they will cause today we see only promises but not actions!

[ganesh10]

It is kind of weird, altcoins are necessary for the market to grow but at the same time, if done the wrong way it could end up weakening it, which is what is happening right now.

[Janevinex]

Well forks which are created on the basis of bitcoin or Ethereum of course do not need this slag koina , which are useless and without the product!

[Honourable11]

Yes we still need altcoins in the market else    there won't be competitive market, and this act will turn it to a monopoly market. So altcoins serves as an alternative to bitcoin. Which will make it to update and upgrade its system.

[Gryphet]

Altcoins of course need for the market, if there was no altcoins and there would be no interest to invest now in bitcoin, and the products are good!

[JeromeL]

Each coin has its own purpose. The altcoins specialize in projects that do not want to waste their time developing their own coins. I trust them less.

[KondraT]

The advantage of the altcoin is that it allows us to get considerable profits in the short term, and the bounty hunters also need these new altcoins!

Support. And what is most interesting, new tokens will appear, this wave will never stop. After all, the new, replace the old and except that only bitcoin remains unchanged

[armack18]

We need in alternative cryptocurrencies so much because they regulate the situation on the markket and do not allow BTC's dominance to grow through the market.

[Raggie]

Why not ? Bitcoin is the first cryptocurrency in the world, and it still need development to be better.
Altcoins are bitcoin with a different features and functions. for example ETH is the altcoin that have smart contract system for better transaction process.

[ogundowotoby01]

The blockchain technology is limitless and can be used for other purpose of which only bitcoin and it forks cannot offer. The technology is revolutionizing many industries and have provided many solutions that seemed impossible before.  So we definitely need other altcoins.