Do we Need Altcoin?

[louisBSAS]

The biggest income I received in the crypto market was earned by me on altcoins. Therefore, the existence of altcoins makes sense to me.

[anil_saini01]

Yes, a lot of altcoins has real world use cases and will show good growth once mass adoption happens. Bitcoin cash, ethereum, xrp, litecoin are prime examples of this.

[Kingmurphy]

To my own view, yes, we really need Altcoins,because,The currency becomes stronger, faster and safer. These altcoins can not compete with bitcoin though but we need it as a part of investment too.

[Digicoinz]

Altcoin will always grow every day, born every day. Because its the new kind of investment which affordable, if there are only bitcoin then the markets will be less attractive.

I also agree that only bitcoin will be less attractive because it does not have a lot of options and it is getting less and less valuable. If there are more altcoins, the choice will be more diversified for the homei nvest.

[Pr0st0Pr0be1]

Altcoins is the component that attracts new players and institutional investors to the cryptocurrency market. If they were not, such a sensation would not have risen.

[Bivonisenki]

Every body can not invest in the bitcoin with large amount investment and can not bear any loss due to bit coin down fall. So, altcoins are first field to enter with many coin option at any exchange platform. Some time a small price of satoshi coin rise very high rate any time in the crypto market and it can change in the big profit.

[Azna Azhar]

Altcoin will always grow every day, born every day. Because its the new kind of investment which affordable, if there are only bitcoin then the markets will be less attractive.

I also agree that only bitcoin will be less attractive because it does not have a lot of options and it is getting less and less valuable. If there are more altcoins, the choice will be more diversified for the homei nvest.

Yes, I agree. With many different coins there will be many choices for investment and open up many opportunities for profit. I think one of the drivers of bitcoin prices to be high is the presence of altcoins, although basically demand and supply are determinants of the price.

[Catswold]

Altcoin provides potential test features that appeal to the development of Bitcoin in the future. So even though Bitcoin has its own feature test, some parties have a "controversial decision" that is better to give a test for a certain altcoin first. then now, Litecoin experimented with Segregated Witness. Depending on the results, SegWit can increase support for Bitcoin itself. Also When there is a lot of aggressive development in Bitcoin world, then new features are always welcome. And it's no use relying on the same group of developers to bring in new features all the time. So altcoin developers sometimes come up with new perspectives that are later introduced in Bitcoin's source code. However, we need to know that not all the features found in altcoin are eventually used to strengthen the Bitcoin source code.

[NitroSmash631]

Now a days in developed country it became vital element of our need.

[HydraExchange21]

Of course we need altcoin. Its became an important issue.

[olayadave]

Yes ofcourse, we need altcoin, because it can make us to have good profit. And we can have some extra financial aside from our job. And this time altcoins are really indemand. As you can see it on news or internet.

[weborsha]

Three or four coins cannot make the market! It is nonsense! I wish people learned first, things would be much easier then.

[SubZer0]

People may feel Bitcoin is fine like the current conditions, but not necessarily happen in the future. Because the book knows all that Bitcoin, like other financial assets, needs competition to excite the market. Altcoin presents a rivalry in this regard, though there is yet to be an alternative cryptocurrency that poses a real threat to Bitcoin. Without altcoin, Bitcoin will look very different from what we know today.

[mhgeekiyanage]

It seems like that. not us who still need Altcoin, but there will always be new coin projects popping up. this is a sign that the cryptocurrency is increasingly accepted by the public

[cryptobrzy]

Yes very much, we need altcoins because there are still pressing needs foe more scalable faster and better Blockchains than the Blockchain 1.0 and Blockchain 2.0 we have right now, but most Blockchain 3.0 are yet to live upto their hype so we need altcoins.

[venlussbuck]

Sure. Because they are highly profitable investment opportunities and lucrative. Currently there are too many alcoins and choosing the 1 good alcoin is a very difficult problem

[Isaacck1]

Altcoins need aid assumed to a chance to be elective activities on bitcoin that attempt and do things that bitcoin might not do. Case in point bitcoins calculation may be Poof from claiming fill in. You can't Exactly progress that, so you make another task and start Creating diverse innovations. Then evidence about Space.  That i don't recall straight currently. After that you get advances that need aid different, Frequently better, Now and again more awful.

[Marakana]

Yes, we need altcoin. We have so many Altcoin that has spring surprises in the cryptocurrency world and as such, I think we need the altcoin for cryptocurrency traders to have choices of choosing between Bitcoin and Altcoin in the area of investment. Also with the little experience, I have in cryptocurrency trading, I make more profit when I trade in Altcoin as compared to trading in Bitcoin.

[skylar]

On my point of view why we need altcoin is just because we need competition in this field to make great product. If some altcoin can make easy things on daily usage than why not? people need the technology to make everything are fast & easier, and I hope that altcoin or other things in blockchain can do thats.

[thuthanh]

You keep thinking that the crypto market is dynamic and complex and that the currencies that exist and develop need innovation. And the new one based on the old ones will give us more choices and no coin is forever, but it is temporary. And Bitcoin or any other currency so we need new Altcoins to liven up and grow together.