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Author Topic: So many altcoins. What are their REAL use?  (Read 1318 times)
feelideb
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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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cytpoway121
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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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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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