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Author Topic: So many altcoins. What are their REAL use?  (Read 1314 times)
Vicrypt (OP)
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November 30, 2017, 11:33:40 PM
 #1

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
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November 30, 2017, 11:44:34 PM
 #2

Ethereum already has plenty of smart contracts running on the platform. You can organize ICOs and play dice games, for example (off the top of my head those are the 2 most used types of contracts). Coins like BCH, Dash, Monero and other currencies are already accepted in some merchants around the world, giving them use as well...

About others such as IOTA and Stratis that you mentioned, people are speculating on the price based on its potential and what they could achieve in the near future.

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November 30, 2017, 11:56:14 PM
 #3

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

Right now we are all still pioneers, so we are simply betting on different technologies. If you buy IOTA, you aren't buying IOTA because you can buy coffee with it, but because you (supposedly) have researched the technology and think it's solid enough that it can develop into something that can reach consumer level of adoption.

The thing is, most people are idiots, so they are buying random altcoins thinking it's the next big pump because they didn't buy BTC when it was cheaper.

But the reality is that Bitcoin is still #1, gets the most development, and it's already used a lot in plenty of places, and it's also an existing digital gold. No other coin can claim this. We are going much higher with Bitcoin, the rest of altcoins are just trying to find a niche.
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December 01, 2017, 12:34:28 AM
 #4

98% are just pump and dump coins. very few are really legit ones.

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December 01, 2017, 12:41:04 AM
 #5

The only coin with a real use is Ethereum because you can create assets there which represent real tokenized goods. The question of the "real use" is valid also for Bitcoin...

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December 01, 2017, 01:20:39 AM
 #6

I think most coins don't have a real use case beyond speculation and development down the road. You gotta look into the coin deeply and see whether or not they have an actual real use case. Take a look at how most ICOs are run today they come into crypto with a whitepaper and some marketing and that is it. Pretty trashy stuff if you ask me, although you can find some diamonds in the rough so don't dismiss the whole industry.

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December 01, 2017, 01:27:39 AM
 #7

Most of them got zero usage, the dev just hoping get lucky and able to get rich in an instant, and there wont be any end for new coins, it will keep coming up, and we will be flooded by unused coins, the best way to limit thr new coins is to regulate it, but since crypto supposed to be decentralized so we will keep on see the new coins appearing
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December 01, 2017, 01:41:16 AM
 #8

most altcoins dont have much real life use, most of them just want to earn money from investors to work with their roadmap, they dont care much about investors, so their coin are useless, just few of altcoins can have a great future, so we should do research about that coin carefully before investing in it.

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December 01, 2017, 01:43:06 AM
 #9

Most don't have real use cases it's all speculation to see if someone will pay more.

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December 01, 2017, 01:44:41 AM
 #10

There are a lot of alts that just want to be used as currency. I would stay away from those. The ones that solve a problem and want to create a currency within their product, much better.

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December 01, 2017, 01:48:48 AM
 #11

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

currencies are tools of power, actually, their use is the same as the current on of the banksters that print us dollars and decide who can invest a lot and earn a lot and who is forced to sell his time.

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December 01, 2017, 01:52:39 AM
 #12

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

We are looking in the long run. With Iota being developed, you can now even see that Iota work with Microsoft to get projects out into real world. By then, being an iota owner will help you to use their service.

If you want to have an immediate use case of your token, maybe you can conisder one of the next big ICO project: Appcoins
where it has 200mil active users and 4billion download of their working products. With over hundreds of stuffs working on the projects, it is going to be huge. Get their token so you can use it on their platform later on.
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December 01, 2017, 01:55:26 AM
 #13

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
For the coin that has utility usage to the users, and that was just like santiment or tenx, santiment token can be used to open the platform and you can try to get a lot of the sensitive data and trading signal in the market.
tenx alreayd issued the visa card.
I suggest you about stratis rather than iota.

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December 01, 2017, 01:59:50 AM
 #14

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
There are many reasons for the proliferation of coins, some are legitimate efforts to improve upon another crypto, some are original ideas trying to tap into a new market, some other are trying to overthrow another existing coin while some others are unfortunately a scam, among cryptocurrencies there are many that are useful but there is also a significant number that are coins that no one should buy, at the end it is up to the end user to decide why he needs to buy a particular coin.
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December 01, 2017, 02:37:38 AM
 #15

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.


I believe the primary reason for the proliferation of coins is greed, the desire to get rich quick with minimal effort and no different than what has happened in the US penny stock markets and more recently in social media unicorns. Fuel has been added to the fire by a lack of regulation, bubbly equity markets, low interest rates and slick promoters peddling power point dreams and white paper fantasies. I think crypto investors are best served with the majority of their capital allocated in BTC, ETH, LTC, XMR and DASH. I joined a dev team for a small coin because I wanted to learn the inner workings of what happens in an alt coin, why do coins fail and why do coins succeed? Each little coin is a small business with a P/L stream and a large majority are abandoned. A coin lives or dies based on the size of the community (hence Dogecoin lives on), conviction level of the dev team, the amount of funding they have (Dash has a bullt-in funding mechanism) and their ability to build legitimate use cases.    

If you going to hold substantial stakes in alt coins its best sell them off when they experience rallies, and treat them as trading assets. I made the mistake of holding onto 808 and Condensate for too long.

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December 01, 2017, 02:57:12 AM
 #16

Different alt coins have different uses...

Some solve serious problems.  Others attempt to replicate other coin's solution but with better branding and management.  A lot are scams.

So you can't just as what their real use is as a whole.  You have to take it on a case by case basis.

I don't think more than a small handful of stubborn people here would think something like Eth has no real use..  I mean... smart contracts..  come on.

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langaw2018
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September 07, 2018, 02:12:58 PM
 #17

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
Many altcoins today are an alternative to overcome the limited amount of bitcoin. And as an alternative for those who want to invest but limited money. Because many want the suit made by bitcoin.
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September 07, 2018, 02:58:14 PM
 #18

Yes, I am also constantly concerned about this issue. It is difficult to explain to a person why he needs that or other coin. In the near future, many coins will indeed become useful in use every day.
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September 07, 2018, 03:03:26 PM
 #19

Almost they are useless and going to zero. ETH 2nd crypto currencies going down even REAL use in many way. Dont invest in trash ALT coin or you will regret about its soon. Stay safe and happy hodling
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September 09, 2018, 02:15:10 PM
 #20


Each company has its own advantages for the holders of altcoyins. Some of these are dividends, while others you are willing to pay for their services, one third get a discount, the fourth is just a holder and no more. Choose you
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September 09, 2018, 02:24:06 PM
 #21

I really do not know much but I believe bitcoin is made to be either a currency or a store of value or even both. I think other altcoins do not really offer that much and is just riding the tide of the new wave which is cryptocurrencies bought about by bitcoin.
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September 09, 2018, 02:25:21 PM
 #22

Real use of 99.9 percent of tokens - no! These are just pacifiers that are manipulated for earnings.

Only a small part of the projects develop the necessary products and services

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September 09, 2018, 02:34:05 PM
 #23

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
I'm sorry, sir. I think you don't really understand about the cryptocurrency. I will tell you that each of these tokens has different functions and uses depending on the purpose of their project. All of that depends on it's implementation. Example : If you interested on project like insurance you may be take a look on PolicyPal Network and you can be investor on that too, So you must be loyal on it until them reach their goal and you will see the price of their token will rise very high.

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September 09, 2018, 03:17:22 PM
 #24

If you were watching the news, you wouldn't be asking questions like that.Already now you can pay with cryptocurrencies in many countries,paying for goods and services.Produced coins are really a lot, but usually some of them are in demand.In the future I think there will be less coins but the price will be more.
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September 09, 2018, 03:36:06 PM
 #25

Each coin or token has a specific problem it aims to solve.

Stellar is an open-source, decentralized protocol for digital currency to fiat currency transfers which allows cross-border transactions between any pair of currencies. - Wikipedia

We offer simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework. - https://stratisplatform.com

What is IOTA? A permissionless distributed ledger for a new economy - https://www.iota.org

You can go on and on to find what each coin is for.

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September 09, 2018, 05:48:19 PM
 #26

Real use of 99.9 percent of tokens - no! These are just pacifiers that are manipulated for earnings.

Only a small part of the projects develop the necessary products and services

Seeing that way too and it's unjust to think that they really don't have any plans to push through their product. Once they're done in getting your money, you'll notice that they getting inactive in telegram and in an instance the whole team disappear.

At first, all good words will be heard but later on broken words will be their rant.

While some token stays long just because of its influencial team yet nothing is rational and variable in their product.

I use this provider to trade Cryptos : Bitcoin Revolution
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September 09, 2018, 06:02:36 PM
 #27

There are different purposes for each project. Investors buy the coins they believe in and wait for the projects to grow. That is why you have to research and hopefully invest in the right coin that bring you good profits.

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September 09, 2018, 06:04:37 PM
 #28

There are so many altcoins that is true, but only about 100 of them can offer something revolutionary. I mean real use of the blockchain technology.
For example IOTA is next big think, everything will be soon on the internet - like fridge and with IOTA you will be able to communicate between the devices.

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September 09, 2018, 06:04:57 PM
 #29

Good question. So many coins and tokens have popped out for the past months and it's really confusing now. A lot of them are not even legit. Anyway, reading the whitepaper is the only way I think to determine each coins/tokens use cases.
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September 09, 2018, 06:10:27 PM
 #30

the altcoiuns make diversity, it's healthy to the market and a lot of altcoins are useful in a way
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September 11, 2018, 12:13:01 PM
 #31

The true reason of their appearences is not too clear for me, I suppose that money is the most suitable answer here, but they are spreading in cryptomarket and help it to be bigger.

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September 11, 2018, 12:27:53 PM
 #32

ETH's second cryptocurrency has declined or even been used in many ways. Don't invest in rubbish ALT coins or you will regret it soon
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September 19, 2018, 03:05:20 PM
 #33

Altcoins have few tasks and developing of the cryptomarket is among them. I find this doing the most significant because only developing could promise the future.
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September 20, 2018, 03:59:24 PM
 #34

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
well, i think it mostly depends on project and potential of it. and let's say one day we are fully converted into a crypto pay sisten, them obviously holders get their profit possesing some amount of it already

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September 21, 2018, 01:37:21 PM
 #35

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
I think reason behind the innovation of crypto currency is the use case . And the mother crypto "Bitcoin" have done justice to that, Even the ether it's blockchain "Ethereum" has also exercise that. With the smart contract invention.
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September 21, 2018, 01:40:32 PM
 #36

It depends...but I am heavily invested in a global loyalty reward system. It has real world use case and replaces the traditional loyalty reward system. You can gain that token by purchasing products or services from it's partner merchants. It's Loyalcoin by the way, and I believe it will one day see the moon.

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September 21, 2018, 01:41:22 PM
 #37

As already said many times, the value of the token is the key to the success of the team, I hope that you understand that if the team does not work on their project, then nothing good will come of it. But if you think, now value is just people's interest in this project.
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September 22, 2018, 05:49:00 AM
 #38

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

So many of the altcoins that you are seeing now do not have any real use and that is why they can die out at any point, the only thing that is keeping most of them afloat is the fact that traders are using them for their trading activities. Once they are no longer being used to trade then they are just going to die out of the market.

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September 22, 2018, 05:56:12 AM
 #39

Crypto currencies can be created by anyone if they want so not all the coins present were not worth to buy now,so you have to buy only the useful coins for you like bitcoin or other reputed coins which maybe accepted as form of payment in some part of world and in future there will be more and more.









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November 24, 2018, 04:45:19 PM
 #40

it is because the coins have no real practicality that they do not grow. there is not a single coin that can be applied somewhere.
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November 24, 2018, 05:11:08 PM
 #41

I think that now it makes no sense to invest in altcoins
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November 24, 2018, 05:13:48 PM
 #42

I am afraid that a lot of altcoins have no future, even though they could have real use, but blockchain cant replace everything.

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November 24, 2018, 06:24:00 PM
 #43

When can I start buying?
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November 24, 2018, 06:34:00 PM
 #44

The problem is that most coin nowadays have good white paper and a promising road map which makes people feels like holding such coin but the problem is do we all know where the project is going to or if truly he's going to fulfill all they put down no. We all just hold and have the hope of one day we'll going to make huge profits.

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November 24, 2018, 06:47:48 PM
 #45

Really.
Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?
Do we all buy just to hold and in hope that someone else will pay more?
Where will this end?
What coins have real use case for end users?
Thank you.
As far as I know, the altcoin that can be used in real life is Pundi X, you can buy coffee or food using NPXS tokens in cafes that have partnered with Pundi X. But actually not only that, even you can buy data, merchandise, pay incentives, and pay exchange listing fees using other altcoins. But this is not known to many people because of the lack of marketing and introduction to the cryptocurrency community
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November 24, 2018, 09:17:12 PM
 #46

It seems to me that now coins that are actually used for making payments are bitcoin and ethereum. Maybe a couple more coins. The remaining coins are a tool for manipulation and trading.

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November 24, 2018, 09:23:26 PM
 #47

The coins that are duly developed with the feature of a realtime use backed up by a working product have real use because the coin will be required for the services it provides and in the near future, the valuable coins will be accepted as means of exchange when crypto has been adopted by everybody
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November 24, 2018, 11:49:53 PM
 #48

Now it's just a lot of competition. The cryptocurrency market at the moment, JSC essentially just appeared and now it is very tough competition and in the end we will not have so many coins.

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November 24, 2018, 11:55:35 PM
 #49

There's no end for this.

What coins have real use case for end users?
It is bitcoin and ethereum.

And if you see another altcoin that is being created and tells that they will have a real use case, do you think we are going to believe them quickly? unless a corporation like facebook,twitter will create their own token then there will be a real use for those coins. But most of them no need to create one, we already have bitcoin.



 

 

 

 

 

 


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November 24, 2018, 11:56:44 PM
 #50

It seems to me that now coins that are actually used for making payments are bitcoin and ethereum. Maybe a couple more coins. The remaining coins are a tool for manipulation and trading.

It's creation have different in purpose and uses.  They just consider to be a way of utility coin which could be used to buy stuffs and some services. Yet,  BTC and ETH are so often acceptable in the market as payment but it surely there is a huge development which could lead into accepting different coins in the future.
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November 25, 2018, 12:29:58 AM
 #51

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

Basically, ICO's introduce their altcoin in order to make their business go smooth as the investors have the tokens, they have the full capability to control it and sell it at their own risk and to be profitable in it or dump it.

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November 25, 2018, 12:44:59 AM
 #52

Guys, advise good ICO's
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November 25, 2018, 12:53:25 AM
 #53

wMost of the coins don't have any real use at all. Only few people are using cryptocurrencies for peer to peer money transactions. I hope eventually everyone will use it when decentralized apps are more user friendly, but we need some time for that.
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November 25, 2018, 01:05:10 AM
 #54

ethereum, litecoin and bch i thing are real for use other bitcoin
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November 25, 2018, 01:07:08 AM
 #55

It seems to me that now coins that are actually used for making payments are bitcoin and ethereum. Maybe a couple more coins. The remaining coins are a tool for manipulation and trading.


At the moment, when joined a lot of ICO projects, I think that the real purpose of altcoins to improve the technology of this market and make the cryptocurrency popular in payment. If in the future, cryptocurrency is accepted by the government, I think it will be popular and be used by more people in the world.
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November 25, 2018, 01:31:09 PM
 #56

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

There are a lot of none legit ICO's nowadays. We cannot even distinguish the scam ones. I cannot imagine how this scammers sleep at night knowing they are scamming other people's money.
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November 25, 2018, 01:33:07 PM
 #57

I think there are many unnecessary atlcoin, the function is overlapping. But they are not harmless anyway
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November 25, 2018, 01:49:26 PM
 #58

I think for the moment all the altcoins have deteriorated because of the BTC and ETH freefall. There are no exceptions, I'm surprised by the altcoin XRP which is not affected by the occurrence of the two coin giants

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November 25, 2018, 02:05:10 PM
 #59

If you still don’t understand where our cryptocurrency world is going, then I think that all this will definitely have to rest on what is now called tokenization of everything that is happening in the market now. I am sure that most people will agree with me.
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November 25, 2018, 02:05:49 PM
 #60

Usually altcoins should solve the problem of the economy and it helps alot to resolve bitcoin scability on a blockchain tech. I mean those who are going to help any industry to disrupt every problem of society. E.g businesses, economics, monetary supply, transparency to the people.

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November 25, 2018, 02:07:09 PM
 #61

I am afraid that a lot of altcoins have no future, even though they could have real use, but blockchain cant replace everything.
Most likely, what we are now seeing in the market and there is an end for most altcoins, after such corrections, most of them will disappear.

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November 25, 2018, 02:21:18 PM
 #62

I think most of the coins that keep pooping lately, has no real use, many of them just simply creating coins that don't really has real purposes of being able to be used for at least to pay some transaction in our daily live.
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December 27, 2018, 05:47:07 AM
 #63

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
Think that for coin, can be will in the future: pay for services, buy electronics, food, and so on. I think in the distant future, paper money will disappear, will cryptocurrency.
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December 27, 2018, 06:09:34 AM
 #64

This is the biggest problem of crypto currencies. We're not acting in the spirit of crypto currencies. I hope we use crypto currencies in real life soon.

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December 27, 2018, 06:22:00 AM
 #65

If you decide to see the real use of cryptocurrency,  the uses examples are limitless and is there for all to see.  I think the problem with some people is that they want to see instant success and uses of this new tech, people need to remember that Time was not built in a day!

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December 27, 2018, 06:22:04 AM
 #66

I am afraid that a lot of altcoins have no future, even though they could have real use, but blockchain cant replace everything.
Most likely, what we are now seeing in the market and there is an end for most altcoins, after such corrections, most of them will disappear.
Most of new platform don't know about what is the blockchain and how to use it and that should become the main reason why a lot of percentage of the existing platform right now will e disappearing in the future. They can't understand about what has been doing by them.

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December 27, 2018, 06:28:06 AM
 #67

If you do a little research ibto the altcoins you can better understand what they are used for. Some are just a simple tool for exchanging value, others are being used as a platform to launch other projects that have not yet matured enough to run on their own blockchain, and there is another type of altcoin no emerging, one that is being used to support a real world project application as a transactional database.

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December 27, 2018, 06:30:32 AM
 #68

I only know about monero and ether and their use in the everyday of life. All the rest as transit, profit and transfer to reliable cash assets and all.
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December 27, 2018, 06:39:08 AM
 #69

for real applications in this regard are still much consideration and have not been able to clearly visible. In addition, it will rely on existing technologies also are able to support and makes getting forward. but great opportunities in this regard can be found in large crypto as well and the strongest in this case perhaps ethereum.
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December 27, 2018, 07:22:30 AM
 #70

It depends on users perspective. For example, I wanted to use crypto to gift someone anonymously, now I can do it with some of them like Monero. It was a plain use case to me, isn't it? I wanted to use crypto to shop on amazon, I can do it on site like purse.io, it's a great use case, isn't it? So there are many projects that are useful, we have to find it.
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December 27, 2018, 07:24:51 AM
 #71

I don't know why other people buy so many altcoins, but I know that the main purpose of my purchase of altcoins is to trade to generate profits. I think most altcoins can only be used as investment products.

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December 27, 2018, 07:32:28 AM
 #72

I believe that several of the altcoins are just pump and dump, unlike other coins that has a potential can be use as online payment methods are the coins that are good to invest with like bitcoin, ethereum, bitcoincash, ripple coin.
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December 27, 2018, 07:43:26 AM
 #73

The current number of altcoins shows how excited the cryptocurrency market is. Having an altcoin at this time is not intended to expect the price to rise but sometimes it can be used to buy something, hoping for a quarterly or monthly commission distribution.
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December 27, 2018, 07:48:57 AM
 #74

We are in a speculation phase, people buy altcoins because they believe that one day they will be useful.

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December 27, 2018, 07:53:09 AM
 #75

Many people write that most altcoins are used for speculation. But take examples of crypto-enthusiasts, none of them thought about bitcoin in 20K, and no one thought about platforms and smart contracts. What will be tomorrow? The financial banking system is already very concerned about such a strong competitor.
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December 27, 2018, 08:40:38 AM
 #76

Many altcoins do not have actual value. Therefore, I am wary of the altcoin. This year, many altcoins have depreciated a lot, making countless investors go bankrupt. It is very dangerous to invest in altcoins. Investors should pay attention to safety.

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December 27, 2018, 09:16:47 AM
 #77

Project tokens can have different purposes. For example, tokens can serve as a reward for mining or maintaining the network, and since the number of coins is limited, their value increases over time. Also, tokens can be accepted as payment in the project application for any services or additional features, all this makes them valuable.

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December 27, 2018, 09:27:42 AM
 #78

Try to invest a lot of time in researching projects, because as you have mentioned above, there are too much scam projects out there at the moment. I would recommend to invest in projects that have already released their working solutions.

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December 27, 2018, 09:46:43 AM
 #79

Most altcoin has no real use .. That is why investor and bounty hunter  must  understand ICO & STO concept well before  they go into it .. most company  lunch  ICO  to raise fund to start their  project . As investor  when you are buying ICO make  sure the project  is solid and the team are for real .. When you are buying token is like buying shares of the company .  If the project  fails  your token will fail in value .. and investor must know the company annual revenue profit and percentage they going to used  to buy the token from investors and burn it ..  allot of altcoin are  useless because there is no solid project behind it ..

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December 27, 2018, 09:51:15 AM
 #80

At the moment, a very small number of projects have been able to really adapt their token to be widely used. This problem is primarily related to the blockchain and technology. Sure in the future everything will be much more convenient.

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December 27, 2018, 05:45:14 PM
 #81

The basic reason for holding is to patiently wait for project to develop and for the coin or tolen representing the project to get traction and mature in cryptocurrency market while the developmwnt of the project is reflected in market value of it's token!

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January 03, 2019, 09:12:34 PM
 #82

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

This is exactly one of the reasons for a bearish 2018
Most of the altcoins have not one real use case
Which means there is no purpose for buying or storing them

Altcoins should do better
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January 03, 2019, 09:31:43 PM
 #83

google HEROcoin (PLAY), real case, online esport betting platform...price is low, it is on my radar
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January 05, 2019, 12:37:52 AM
 #84

if in this case it is categorized as a real use, I don't think it exists. because so far altcoin is only used for trading in the market.
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January 05, 2019, 12:48:57 AM
 #85

No.One alts developer honestly told that alts are kind of alternative mining
Buy low sell high to get maximum btc reward
I think it is honest and very much true
At old good time  during btc first pump any new alts what have appear was  new bitcoin
Than after btc dump there was much more them
Mostly they had some use case same like current ico
And same like current ico all of them was scams just much cheaper than ico tokens

 
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January 05, 2019, 12:57:15 AM
 #86

I'm not the type of person who buys a thing which has no use at all. Crypto is basically a third party payment platform beside fiat payment.
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January 05, 2019, 01:09:18 AM
 #87

With thousands of coins in the market and on ICO stage investors and bounty hunters should carefully check if the coins that they want involvement, are just a clone of existing one and those admins are admins of the past coins that failed it's supporters, checking will save you time and money.

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January 05, 2019, 01:14:42 AM
 #88

I do not see the effect of altcoin in 2018. Maybe it was created only to scam investors, more than 80% of altcoin has died, according to my assessment. Only altcoin in the top 50 coinmarket is really living

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January 05, 2019, 01:22:55 AM
 #89

I do not see the effect of altcoin in 2018. Maybe it was created only to scam investors, more than 80% of altcoin has died, according to my assessment. Only altcoin in the top 50 coinmarket is really living
there are still many project living and continue developt their plan.in this market have more 2000 coins that much of them unknown as good projects.if we could find them maybe will appear coins that could implemented in real use.
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January 05, 2019, 03:22:01 AM
 #90

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

What are their real use? I guess trading. Trading such altcoins provide use for them on the market. Rather than just letting it on the market without practical purpose. We should utilize even those altcoins that are not in the top 100 if we want to let them stay on the market.

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January 05, 2019, 04:05:06 AM
 #91

Actually, if I think why we buy coins for our investment, because in addition to trading and also the function of these coins that we will use in daily activities, for example as investing in Ethereum coins, besides I like trading in exchange I also use Ethereum coins as transaction payment instrument to buy ICO and also for gas.

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19Nov16
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January 05, 2019, 04:17:36 AM
 #92

Most altcoin has no real use .. That is why investor and bounty hunter  must  understand ICO & STO concept well before  they go into it .. most company  lunch  ICO  to raise fund to start their  project . As investor  when you are buying ICO make  sure the project  is solid and the team are for real .. When you are buying token is like buying shares of the company .  If the project  fails  your token will fail in value .. and investor must know the company annual revenue profit and percentage they going to used  to buy the token from investors and burn it ..  allot of altcoin are  useless because there is no solid project behind it ..


Lots of coins and tokens that don't have a clear purpose, they only make and sell in the market so it's easy to drop, and unfortunately most coins don't have real products so investors are afraid to invest in the long term.


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icalical
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January 05, 2019, 04:22:18 AM
 #93

Most of them are nothing, either they just a money grabber used by the so-called "project developer" and then after you buy the coin, the project will just disappear and they will make kinda "fail project announcement" so they can get away with it. Or, those coin are just a pump and dump coin, so the early investor and buyer can get much profit. Investing in altcoin is very risky so you better do a deep research before you put your money into any altcoins.

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January 05, 2019, 04:22:45 AM
 #94

From all of the altcoins that available today, there are many that has no real use. Many of them are just be used merely for trading or for investment only, cause the implementation for the altcoin in real use is still limited.
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January 05, 2019, 04:29:03 AM
 #95

the real usefulness of altcoin indeed has not seen clearly. but it is also certainly also because of the lack of facilities that still haven't been able to fully complete so that altcoin cannot be applied to real functions. only a handful of places to receive crypto and when this began expanding then even altcoin will be starting to get the effect of the increase in price is high enough.

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January 05, 2019, 04:41:17 AM
 #96

For short term trading you never care about which one real or not some coin, you have check how potential for growing up just in short time to buy and trade,
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January 05, 2019, 06:57:00 PM
 #97

most coins will never be used for their intended purpose, they are created only for sale or purchase

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January 05, 2019, 07:11:40 PM
 #98

Very few coins are actually used somewhere in addition to market speculation, it is difficult to track the development of each, but we are still in the first stages. I hope that the situation will change in the nearest future.
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January 05, 2019, 10:43:04 PM
 #99

Everyone buys what they believe in. Cryptocurrencies are still in their infancy and so we are now seeing so many coins of both normal and slag coins.

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January 05, 2019, 10:57:05 PM
 #100

Coins that really can be used very little. Most of them are just trash. Some will never be used, and some will simply not be able to survive this drop. In any case, there will be some coins left.
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January 05, 2019, 11:11:42 PM
 #101

Now it is really very difficult to find good projects for investment. In order to choose such a project you must study the product of this project.
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January 05, 2019, 11:15:26 PM
 #102

Coins are investment tools based on a project, and why should we buy them at ICO? because the price is still cheap whereas if the project can grow then the price will go up, isn't this profitable? that's why we have to buy coins.
we buy not only to hold back but to sell it again but to sell it we need the right time and to wait for that time we must hold it first

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January 05, 2019, 11:18:43 PM
 #103

Very coin creator claim his cryptocurrency has a use case but in the end it turns out as fancy words for reaching deep into investors pockets. However for every shit coin, innovative coin, crypto believers and enthusiasts who relate together in the crypto sphere unwittingly fuel financial revolution. So let's us all wait out and see...
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January 05, 2019, 11:48:02 PM
 #104

Very coin creator claim his cryptocurrency has a use case but in the end it turns out as fancy words for reaching deep into investors pockets. However for every shit coin, innovative coin, crypto believers and enthusiasts who relate together in the crypto sphere unwittingly fuel financial revolution. So let's us all wait out and see...
It's so easy to claim something like that and i have seen bunch people have been doing it, they claim something while they can't even prove it. But some platforms are legit and they are offering the product that can be used.
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January 06, 2019, 01:49:25 AM
 #105

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

You say right. Almost coins now are just used for earning profit from buying and selling them, have no any uses for daily life. But I think in the future, when cryptocurrency are accepted widely and they all complete their net, everyone will use it for daily needs

Nanda Dewi277
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January 06, 2019, 02:13:19 AM
 #106

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
yes, the main hope of holding certainly wants to be bought at a higher price so that it gets a profit. but the price here is updated by the market so the value can change at any time. must be patient if you want to sell at a price higher than the purchase price.

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January 06, 2019, 02:24:23 AM
 #107

Very coin creator claim his cryptocurrency has a use case but in the end it turns out as fancy words for reaching deep into investors pockets. However for every shit coin, innovative coin, crypto believers and enthusiasts who relate together in the crypto sphere unwittingly fuel financial revolution. So let's us all wait out and see...
It's so easy to claim something like that and i have seen bunch people have been doing it, they claim something while they can't even prove it. But some platforms are legit and they are offering the product that can be used.
well, basically a coin is made to support a project. so, you can use it for something. well, maybe like eth, waves, eos, and others, you can make a coin platform from that coin. besides that there are still many coins used for minning, investment, premium functions, and much more...
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January 10, 2019, 05:05:18 PM
 #108

We all know that token is simply created for the purpose of using it on a project's ecosystem with the benefit of trading it on various exchanges and such token can be created on the various blockchain, whereas coins are created within its own blockchain and have their own wallets. So in my view, yes there are far too many tokens but a very few coins in the market. Most of those shit tokens are useless apart from pump & dump purpose because we hardly see any ICO project successfully implement their vision into work even after successfully completing their crowdsale and that kills their token, platform's potential to be taken seriously by crypto world.

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January 10, 2019, 05:25:21 PM
 #109

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
You're right. In fact, the cryptocurrency industry is very young, and there are very few projects that have a work product that brings some benefit to society. Most people use crypto-currencies, only as an investment and profit, but as we see the situation has changed and investing in new projects does not make a profit. I hope that at least some part of the projects / coins that are on the market will still develop and create technologies that will be useful to all of us.

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January 10, 2019, 05:33:33 PM
 #110

I'd like to use alts, but there is no useful application for it. Today I use only BTC and ETH. I can pay for almost any kind of internet service in BTC or ETH (VPS, VPN, Proxy and so on). But there is a fact that common people don't use any of them, so there is no natural demand.

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January 10, 2019, 05:34:53 PM
 #111

At the same time, if they were fraudsters, they would have done everything in as much detail as possible, they would have written attractive white paper and put the admin in a chat to answer questions, but all this is not there, it seems that they don’t care if the project attracts attention or not.

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January 10, 2019, 05:38:27 PM
 #112

90% of all altcoin have just an idea... and I wouldn't waste my time reading their whitepaper no talk of buying the shit with my hard earned cash... to me the only real coins out there are the top 30 on cmc
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January 10, 2019, 05:39:22 PM
 #113

Too little time has passed for many projects, watch the road maps, everything is written there. I think somewhere in a year or two we will observe the real use of tokens in a huge number of projects.

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January 10, 2019, 05:56:20 PM
 #114

Every coin on the market has a real world use case just that investors tend to focus more on the buying and selling aspect than using it for transactions.
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January 10, 2019, 10:57:13 PM
 #115

Many altcoins on the market have no value and are created only to enrich and speculate on the market, the market is in a rather shaky position and many scams are created with zero benefit, I think gradually the situation will change for the better and the campaign will become more qualitative and valuable.
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January 13, 2019, 12:27:47 PM
 #116

In fact, there are really a huge number of tokens on the market, which in most cases have nothing and no product. It seems to me that in fact many of these projects are scam projects. In any case, you should try to work carefully with projects.
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January 13, 2019, 12:33:52 PM
 #117

Not only altcoins but even Bitcoin has enough rare use for real purchases. There are very many places when one can't use cryptocurrency as direct payment method

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January 13, 2019, 01:03:09 PM
 #118

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
Crypto is the future currency so meaning we are buying this for the beliefs of this will bring us good future because of the technology behind this,just like if time comes that people starts to adopt crypto then you can easily pay services rendered for you,or those product that might have your interest in future
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January 13, 2019, 01:08:39 PM
 #119

Most of the people are trying to get rich by a project. In the past, people used blockchain technology to take steps towards development. And now they're trying to trick people into using it.
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January 13, 2019, 01:19:39 PM
 #120

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.
This market is open to anyone, so no matter what your status in life if you are willing to take the risk then its good to invest. Yes, the average people on the street may not understand this market or for them they cannot use it on ther everyday living but this can be a good investment for them especially for long term holding. Those people in the street are just needed someone to guide them.
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January 13, 2019, 01:35:29 PM
 #121

I don't think all the coins that available today has any real use. Many of the coins that available in the market are just some selfish coins created by people who wish to have their own personal coins.
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January 13, 2019, 01:41:52 PM
 #122

I don't think all the coins that available today has any real use. Many of the coins that available in the market are just some selfish coins created by people who wish to have their own personal coins.
Majority of them are just for pump and dump. Even the devs behind are involved, while other upon release of the project, totally abandoned them that's why you will see a lot of shitcoins are being delisted by exchanges for lack of volume or lack of activity. That's really the sad state of crypto or altcoin market right now.









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January 13, 2019, 02:40:30 PM
 #123

As far as I know, the main purpose of altcoins is to repay the investors for their investment in a project, and eventually the altcoins turns out to be a trading coin that is used by traders in the market.

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January 13, 2019, 02:49:30 PM
 #124

One of the major problem we are facing in crypto sphere is that most of these coin don't have working product, they are just there for investment and that us why most of them failed.
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January 13, 2019, 03:12:36 PM
 #125

I got to admit. Most of those buyers are investors trying to make some profit over those hype coins. The only altcoin that I can think of that have use are Doge and Ethereum. I use Doge to transfer exchange to exchange because it is cheap and faster while I use Ethereum to pay bills and credits just like I use Bitcoin.
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January 13, 2019, 03:17:44 PM
 #126

I got to admit. Most of those buyers are investors trying to make some profit over those hype coins. The only altcoin that I can think of that have use are Doge and Ethereum. I use Doge to transfer exchange to exchange because it is cheap and faster while I use Ethereum to pay bills and credits just like I use Bitcoin.
And what is the main feature of Dogecoin? Why people should invest into Doge?
For me it is simple copypaste Bitcoin code like Litecoin.

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January 13, 2019, 03:19:37 PM
 #127

By at least 50 percent of all existing altcoins, there is absolutely nothing behind this project. It is still just a whitepaper without any working solution. Moreover, I believe that such projects should be removed from our market.
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January 13, 2019, 03:22:34 PM
 #128

Well, so many coins are coming these days. we cannot ignore it that many people in the world are competing to present the worthiest cryptocurrencies. However, which one is the real use? It will depend on the concept of each project. Some projects have the real products in the future so that they are real in use. But, some of them are only used for investment.
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January 14, 2019, 08:43:21 AM
 #129

Many altcoins are worthless. The altcoin has a token and a separate coin. They are different. Tokens are usually based on coins issued by Ethereum. When the technology is successful, they will change to their own coins. You can observe the HSR.

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January 14, 2019, 08:48:26 AM
 #130

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

There are many uses of altcoins to elaborate one by one. Other altcoins has the same usage and the only difference is some upgrades of the later. What's important is they revolutionize the method of investing instead of using the traditional way of buying shares in a Fiat currency way.

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January 14, 2019, 09:06:28 AM
 #131

Perhaps people do not need cryptocurrencies because the latter do not have a large range of use in everyday life at the moment. As soon as the situation changes, then immediately there will be a need for crypto.
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January 14, 2019, 10:14:06 PM
 #132

Really.

Why an average person on the street should buy a coin, say IOTA or Stratis? What he will do with it?

Do we all buy just to hold and in hope that someone else will pay more?

Where will this end?

What coins have real use case for end users?

Thank you.

Please, spend 5 minutes on the search of similar threads before creating a new one! I assure you that you'll quickly find 2-3 topics and similar questions and answer on a hundred pages!

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January 14, 2019, 10:38:16 PM
 #133

There are projects which have use case and those projects will succeed in the future.
Also there are projects which are coming from real economy and tokenizing their well established businesses.
This will lead us to mass usage of blockchain technology.
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January 14, 2019, 10:53:37 PM
 #134

Their real use case  isn't that necessary. To my mind most of altcoins need to be revaluated. Well, some of them should be abandoned, because their product isn't on demand. To my mind the best real use is for privacy coins and blockchain altcoins

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