So many altcoins. What are their REAL use?

[Marioboro]

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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[bellamente]

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

[eXtremal]

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.

[anti76]

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.

[BitNaija]

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.

[Crypto Girl]

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.

[Caesar-Giulius]

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.

[timmmers]

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.

[rosezionjohn]

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.

[icomaster90]

the altcoiuns make diversity, it's healthy to the market and a lot of altcoins are useful in a way

[toshisoroki]

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.

[wojiu732]

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

[lebedi]

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.

[krenus]

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

[99subsats]

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.

[Grim149x]

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.

[JohnMacZeppelin]

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.

[organelles]

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.

[jrrsparkles]

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.

[strideynet]

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.