Do we Need Altcoin?

[ujinice]

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?

How projects will be starting own ICO? They will not be able to send bitcoins to their investors. If no new altcoins appear in the form of tokens, then the capitalization of the entire crypto market will not increase and the entire crypto economy will stop. I think altcoins are very important and play a very important role in crypto economics.

[iancortis]

we need alts because creating with the same concept of purpose but different features and unique of uses by people, country that suites their system. In trading, alts has a role that bitcoin is alive and kicking by the help of different blockchain systems.

[RandyMagnum]

It's related to what we are mean altcoin. Bitcoin forks are useless but many projects that plan using blockchain are have bright future, but now they are only tokens on ethereum

[TitsiCoiner]

Variety is always good when there are many different coins with their functions and tasks, some are suitable for speculation, others are for micropayments in the network, others have quick transactions. Our task is to choose from this set of coins and tokeno the one that will be useful in the future.

[Allan Ramanda]

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?

for myself altcoin is my source of income, because many altcoins are currently short-term investments. but has a high risk, for example the ico project, too many frauds in the ico project. and the altcoin generated by the ico project consists of altcoin waste.

[coinguides91]

i think that it's good for the coin diversity as in every market. Of course every market needs some diversity, and these coins have their own purpose.

[mark 6]

New Altcoins are undoubtedly needed, but now it is very difficult for a simple investor to understand the prospects of these coins. And against the background of this popularity there are a lot of pyramids under the cover of crypto currency.
 

[HODL_guy]

Surely we need them because they utilize various spheres of the market and they are totally needed in current crypto market, it can't about only BTC.

[apitico]

So many altcoins we do not need, but I see that many projects use their tokens (coins) as shares of the company.

[ui_zakharchenko]

If they were not now, it would be difficult to imagine the crypto-currency industry. Think about it, because in itself Bitcoin few people could compete.

[novy]

I like altcoins and I treat them like a action of the project. I understand that from the financial point of view it is not the action, but still it works like several way. And yes we need them just to support of the project development at least.

[harbin55]

Yes of course, we need alternativexoins because they are the one who offered a affordable price of investments or coin in the market that can make you earn a goods amount o income. 

[Adunni6758]

Altcoins are definitely still needed. Apart from having diversity, there are some developments in different fields of life that need to be integrated into blockchain, because of the immense benefit we get from using blockchain technology. Also, some of these developments need funding and this can be achieved through ICO that brings about altcoins. So we still need altcoins, just that so many of them are sh*t coins.

[Crytptomeniac]

Many altcoins have different functions, I bet that in 5 years, the top 10 of coinmarketcap will be altcoins that are not going out right now, there are simply many possibilities to implement cryptos in many aspects, that's why we have so much variety in the market.

[Cloak1]

If you think that having those altcoins will be enough to give a lot of profits,  then you'd better keep them. Meanwhile it's not a bad idea to having other altcoins  which use different platform like ethereum. The thing is the more altcoins you have, the more chances you have to earn a big profit.

[kalstarzz]

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?

in my opinion, as a small trader, the presence of other altcoins is very necessary, because I am a small trader taking advantage of the altcoin altcoin.

[blacq]

i think with Altcoin some tokens like BTC, ETH and the rest wouldn't have that value they have now, and talking to how Altcoin has simplify cryptocurrency. It has help a lot of investors to make a lot of returns but one thing that's making me not like Altcoin is that most ICOs are similar the concept looks always the same.

[DainSLane]

For me we need altcoins everyday this is a big challenge to us to pick the right altcoins to use us trading and sometimes making an investment to make big profit someday, altcoins was the big help to me everyday to go in trading.

[Ridersss]

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 think we still need another new altcoin. this is because there is no certainty that existing altcoins can become legal payment instruments throughout the world. If only there is a cryptocurrency that already has certainty, in the sense that it is accepted and used throughout the world and considers cryptocurrency to be legal. then we don't need new atlcoin anymore.

[maromak]

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?

of course we need an altcoin, because we need variety, not just bitcoin. but there really must be coins other than bitcoin, altcoin is a good variation and even now there are so many altcoins, and I think this is a counterweight to market prices too.