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Author Topic: What do you think altcoins will be used for in the future.  (Read 21884 times)
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January 17, 2020, 08:58:30 PM
 #301

Mentioning altcoins useless in the future is too early, the truth is that there are some merchants that accept payments with altcoins. The agency accepts altcoins for contribution payments, not to mention. And I think that in the future altcoins will be useful. Sure, 90% of altcoins are useless, I must say, but there are still about 10% of altcoins that can be useful. Especially in the future, there will be more countries legalising cryptocurrency, increasingly visible is the role of altcoins

 
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January 17, 2020, 09:14:42 PM
 #302

I think Altcoins has a very bright future as the main means of Cryptocurrency payments, let's face it, we Bitcoin enthusiasts like to bash Altcoins just for existing but we have to admit that Bitcoin just doesn't have the scalability for worldwide adoption unless there would be a miracle solution in the future, so it would probably be an Altcoin that would end up being the main currency

 
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January 17, 2020, 09:33:41 PM
 #303

The most popular sphere is going to be finance, it always was. 60 percent of all altcoins that are on the market are focusing on this industry. For sure, real estate, gaming and logistics is going to support the mass adoption, but finance will rule.


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January 18, 2020, 03:31:04 AM
 #304

Even though KYC/AML can be done with other cryptocurrencies, some exchanges are known to do these things on other cryptocurrencies to protect themselves and their customers. Bitcoin has a lot of anti-money laundering compliance and government rules and regulators are keen to its bring down so maybe there is leech way for altcoins.
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January 28, 2020, 11:28:53 AM
 #305

The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over  from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?

Well, as of the moment, what you have said are true. Many people are using Altcoins for the sake of playing gambling, e-betting and other sorts of blockchain games possible to involve the usage of cryptocurrencies. But that was not the main reason why Altcoins are being made or created. Most Altcoins that are existing in the cryptocurrency market comes from projects which are mainly made from ideas of generating modern solutions to the problems our society are facing in which they see cryptocurrency can provide solution to those problems making a more convenient environment because the ideas of projects are to provide convenience on the daily life basis of people by using cryptocurrencies. But since Altcoins are being undervalued, they are being used into ways they are not supposed to be used or far away from the reason why they were created. Maybe in the near future when the whole world have already adapted the usage of cryptocurrencies, Altcoins will already make their roles relevant as well as their real usage.

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January 28, 2020, 02:38:41 PM
 #306

I think Altcoins has a very bright future as the main means of Cryptocurrency payments, let's face it, we Bitcoin enthusiasts like to bash Altcoins just for existing but we have to admit that Bitcoin just doesn't have the scalability for worldwide adoption unless there would be a miracle solution in the future, so it would probably be an Altcoin that would end up being the main currency

one of the benefits of an altcoin is, it can be used for new project development, so if altcoin continues to be developed, I am very sure that altcoin will be very useful in the future. however, we know that until now altcoin is still being developed, and many investors are investing in supporting the new altcoin project. I am pretty sure that Altcoin will be very good.
altcoin development if done in a big way then I think it will be useful for the future, because I also know that there are some altcoin that have good prospects and can be used for the future. so I think altcoin growth might be in the future, but not all altcoins can survive
Only altcoin that has uses in the future will be able to continue to grow later and altcoin that has unique or very useful features in the future such as can be used to make payments or other things that I think will be able to continue to grow and improve later, maybe not all altcoin will become very good later but altcoin who dares to take a step further I think that will win.

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January 28, 2020, 02:52:42 PM
 #307

I think Altcoins has a very bright future as the main means of Cryptocurrency payments, let's face it, we Bitcoin enthusiasts like to bash Altcoins just for existing but we have to admit that Bitcoin just doesn't have the scalability for worldwide adoption unless there would be a miracle solution in the future, so it would probably be an Altcoin that would end up being the main currency

one of the benefits of an altcoin is, it can be used for new project development, so if altcoin continues to be developed, I am very sure that altcoin will be very useful in the future. however, we know that until now altcoin is still being developed, and many investors are investing in supporting the new altcoin project. I am pretty sure that Altcoin will be very good.
altcoin development if done in a big way then I think it will be useful for the future, because I also know that there are some altcoin that have good prospects and can be used for the future. so I think altcoin growth might be in the future, but not all altcoins can survive
Only altcoin that has uses in the future will be able to continue to grow later and altcoin that has unique or very useful features in the future such as can be used to make payments or other things that I think will be able to continue to grow and improve later, maybe not all altcoin will become very good later but altcoin who dares to take a step further I think that will win.

right, for altcoin that has a product that is used or needed that will survive, and for altcoin that cannot develop its project, it will certainly become trash and degraded. it is difficult to predict a new altcoin that will survive, because it is easier to identify altcoins that already exist in the top rankings


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January 28, 2020, 03:29:54 PM
 #308

at the moment I see the use of cryptocurrency, this is to send funds
  anywhere in the world, with minimal time, sitting at home.
And all this is conveniently fast and reliable.
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January 28, 2020, 03:33:03 PM
 #309

For what they are needed for now. Altcoins will be in every business. In any industry. Bitcoin will be like a coin that connects everyone. And altcoins will build an empire. Now many people use Ethereum or Bitcoin, but soon all the coins will be on the same wallet, and everything in this world will have its own altcoin. As stocks, only even in very small companies.
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January 28, 2020, 03:43:45 PM
 #310

The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over  from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?

you can not compare btc with the altcoins. Btc was first ever currency to came into existence out of thin air that why it will be the last one as well for the investors to trust. on the other hand altcoin which have solid team and project will survive in the long run. projects with zero value or development will be dead
With the current state of the Altcoin industry which is now ridden with scammers which pretty much sucked out all of the investors in that community. On the other hand bitcoin that came out of nowhere with no one really knowing who created it is still going strong even after a bearish 2 year run. People have already banked their trust into bitcoins and other established coins in the market so it's highly improbable that they would die out. In altcoin's case a lot of scams have happened that made investors lose their trust on altcoins altogether.
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