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Author Topic: So many altcoins. What are their REAL use?  (Read 1380 times)
mullzerwar
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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.
peter0425
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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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Dobby070
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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.

Jadesola
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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.
meanwords
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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.

crzybilly
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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.
carrigan
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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.
chairmanMao
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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.

GREENch
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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.
Dimm_bounty13
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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!

coinbirds
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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.
minttop
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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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