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Author Topic: What do you think altcoins will be used for in the future.  (Read 21910 times)
NordBoeeren (OP)
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November 27, 2018, 08:54:11 PM
 #1

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?
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November 27, 2018, 09:02:26 PM
 #2

Gambling and buying drugs on the darkweb, but i think the drug dealers mostly want btc, haha Tongue
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November 27, 2018, 09:12:27 PM
 #3

If you don't see the future in alts, then it's worthless being in this space at all. It's a given that a lot of alts are worthless and won't serve any major uses. But you also need to understand that there are alt projects with use cases and real world application. There's a lot more useful alts than gambling and e-betting
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November 27, 2018, 10:04:22 PM
 #4

The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.
I hope you are aware that except for BTC and its forks remaining digital currencies in the crypto market are called ''altcoin''.
I also know that 80% of them are useless and there are dozens of unnecessary altcoins related to one specialization. But we cannot say unnecessary to what is necessary due to useless ones and using of their necessary ones in the future will make our life easier.
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November 27, 2018, 10:14:14 PM
 #5

crypto gambling is more to make someone interested and this business is of interest to users. Crypto online gambling provides convenience, transparency and many benefits that they get compared to fiat.

altcoin which is more stable and has small satoshi values can be easily integrated with trade utilities such as marketplace or online store. like Dogecoin, NPXS or HOT with small tang fluctuations that are great for retail businesses
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November 29, 2018, 10:15:21 AM
 #6

There will be a lot of utility altcoins that will make it worthwhile to invest into them. Some of the most known ones are bnb coin which is binance coin that you can own to pay less trade fee and it at least has a use somewhere that makes it valuable (also they burn their coins time to time which makes it worth more in the future).

Ethereum is the biggest with all the blockchain features it has from ICO to games to companies based on blockchain data storage. There are many coins like these that has something you can use it for, people do not want to invest into a coin just because it is designed well or something, they want to be capable of spending or using that coin in order to make it have a value. Without any use of the coin they do not give it any value. Hence, in the future only the altcoins with utility will prevail.
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November 29, 2018, 10:26:30 AM
 #7

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 does make sense about altcoin to have good future in the gambling aspect but the future of altcoin with gambling site is kind of 50-50% because I seen alot of gamblers asking their favorite e gambling site to add altcoin to their payment system but most of the gambling site didnt  add it. However, I think is too early to decide the future of altcoin because I believe the future of altcoin lies on the time when bitcoin reach the 21 million coins to mine.

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November 29, 2018, 10:40:03 AM
 #8

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?

I would love to be that guy who bought those pizzas. Because you can bet your bottom dollar that he had plenty more bitcoin than just those 10,000 and he's now sitting very pretty in life. Who cares about buying a ridiculously overpriced pizza when you've got more money than you'll ever need.

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November 29, 2018, 11:40:26 AM
 #9

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?

I think most of altcoin will be useless in the future and be used for nothing. But I guess there will be some coins that will be useful.
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November 29, 2018, 11:56:05 AM
 #10

Having read through the OP, I think the OP isn't much aware that other cryptos like Eth, litecoin, Dash and even all the btc forks are all referred to as "altcoins". It's only Bitcoin that isn't referred as an altcoin for the stroke of luck that it was the first crypto. Now, let's even consider the fact that the above listed altcoins I mentioned all do the same work Bitcoin does - Payment purpose. So, whatever happens to the bitcoin will likely happen to them. They aren't going to be useless in any way.


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November 29, 2018, 01:48:01 PM
 #11

It completely depends. You have to realize that not all cryptocurrencies are made for payments(like Bitcoin). While there are definitely a lot of scam coins/tokens, some cryptocurrencies are made as a utility for multiple purposes. Ethereum for decentralized applications, Basic Attention Token for online tips and ads payments, MakerDao as a governance token, the list goes on. Saying that altcoins are best for gambling and betting is like saying that all vehicles are made for roadtrips. In fact, bitcoin is one of the best cryptocurrencies to use for gambling and betting, simply because it's the coin that's mostly accepted on betting/gambling sites.

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November 29, 2018, 01:54:15 PM
 #12

If you don't see the future in alts, then it's worthless being in this space at all. It's a given that a lot of alts are worthless and won't serve any major uses. But you also need to understand that there are alt projects with use cases and real world application. There's a lot more useful alts than gambling and e-betting

Don't go further to gambling and e-betting, there's ETH already. Although prices are disappoint to have drown this low, speculation says its going to rise above like the phoenix from its ashes. Altcoins are made to have purpose of course unless its made for just making money like the shitcoins that are dead by now because of this bear market.

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November 29, 2018, 02:31:06 PM
 #13

in every ico that has the concept of altcoin gambling has the best potential, but believe it will not last a long time because the best concept of altcoin is that it can be used for the benefit of many people and it provides benefits.

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November 29, 2018, 02:48:15 PM
 #14

altcoin can potentially be used if there are consistent altcoins like bitcoin, because altcoin has a lot of variety of choices so I think this is something that altcoin coins must do to be consistent and stable so that they can be used in the future for useful things.

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November 29, 2018, 04:21:05 PM
 #15

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?

Now altcoins look's like garbage have no value but have high supply in different kind. Altcoin will survive in future and ( maybe ) only change name but have same function to help people with send receive payment activity. This is bad situation for altcoin because only become follower but I believe blockchain technology will be used in all financial activity because have enough technology but doesn't have law ( legal ), trust me.

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November 29, 2018, 05:34:28 PM
 #16

In future people will use crypto money and there will be lot of altcoins which will be able to use instead of money so they will exchange it to others and they will have choice for them to pick it up or sell it for other altcoins and many online jobs is offering now altcoins which you can hold and you can convert into bitcoin like now a days free lancing in increased with time and people get paid in crypto.

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November 29, 2018, 06:24:16 PM
 #17

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, eventually something will come up. The system will be brought to mind, solve all the main problems. And it will be possible to use, pay for purchases, online payments. It's just that there are so many of them now that you really think where you can put them all.
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November 29, 2018, 11:01:55 PM
 #18

There can be a lot of places to used alt coins if the developer are serious want to develop it, some of the coins can be used for certain game, some can be used as the reward in exchanges, there are some places accept alt coin for transaction payment, but all of that still in small scale
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November 29, 2018, 11:25:13 PM
 #19

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?
Maybe old altcoins still can be used in future, but new coins especially tokens, will be used or maybe only be a plan and never get realized. That is what i see from some project that claimed they can be way of payment.

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November 29, 2018, 11:53:35 PM
 #20

Altcoins are occupy the major position in future because 21 million Bitcoin only mineble so automatically demand will increase in future.  But peoples are move to another platform and this reached entire world at the same time few promising altcoins only survive in future because most are died in upcoming years.

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