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Author Topic: So many altcoins. What are their REAL use?  (Read 1318 times)
qwerty1337
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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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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cattano
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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.
sergey1301
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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.

tonibyuzen
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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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