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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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December 28, 2019, 06:38:19 PM
 #221

I think some of the altcoins will be able to use as a part of a everyday transaction like our fiat money. Having a different kinds of payment method is kinda good because the customer itself will be having a different options in terms of how they are going to pay the goods that they are going to buy.
altcoins can be used as an everyday tool of payment when we will have many places where we can pay for services or some goods with our coins. altcoins themselves are ready to be used by people, but many private businesses don’t even understand why they should accept cryptocurrency and therefore altcoins can be used in the modern world only when the world will be ready, but I think that such times are very close


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December 28, 2019, 07:55:01 PM
 #222

crypto gambling already exists so I don't think that's the best for the future of crypto. used as a general payment is good, but in online quotes. because fiat will still be used. for example online electricity token payment using crypto, online water bill payment using crypto. so besides crypto is increasingly used and profitable, crypto is also really useful for life, not just gambling is thought of.

As I see it would not because the government or some government does not actually want or promote bitcoin because it takes a lot like gambling and maybe they can't control the crypto currency. The only thing they can do is to stop their people from using crypto.
Many countries are in the list who does not like crypto and they don’t support it but I think they only can ban crypto from their legal authorial places but its hard for them to stop all people from using it. In China and so many other countries are existing who asked their people not to use crypto but people still use it and it’s not possible to ban crypto or altcoin from any place as well as their people are interested in it.

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December 28, 2019, 08:00:29 PM
 #223

Every altcoins have its purpose. Not all can be used for gambling and I think you should read about each altcoins use cases to understand them much better

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December 28, 2019, 08:07:13 PM
 #224

hmm medium of exchange, payments, store of value, identity, storage, rights, investment in comodities and all the other traditional investments.. IPO , time stamping, many other use cases that i can't say in a minute but there are plenty. we'll be able to buy a fraction of a busines or apartment in other country for example and get dividents for its rent..

there will be tokens without price too with many usecases..
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December 28, 2019, 11:58:35 PM
 #225

The future perspective tells a lot about the project and the answer depends on the specific project. There are general answers: The store of value, the mean of payment, etc. The microtransactions need a low network congestion blockchain and Digibyte has the highest transaction per second, AFAIK.

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December 29, 2019, 03:52:28 AM
 #226

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?

Gambling is a big industry and the use of blockchain technology and cryptocurrencies to fuel it have made the industry to expand more in the cyber community. Other future industries that can make use of altcoins are online shopping and games. E-commerce websites are continuously expanding and the gaming industry most likely won't fall because there are always clients.

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December 29, 2019, 05:06:13 AM
 #227

Only a handful of the coins have real use as of now. These include anonymous coins such as Monero and smart contract platforms such as Ethereum. The vast majority of the remainder have no use other than for speculative investment. There is too much fragmentation in the cryptocurrency market, and I have a feeling that the current situation is not sustainable for too long. If we want a stable market, then the number of cryptocurrencies should be brought down to somewhere between 50 and 100, from the current levels of 10,000+.

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December 29, 2019, 02:32:33 PM
 #228

Every altcoins have its purpose. Not all can be used for gambling and I think you should read about each altcoins use cases to understand them much better
But not so many altcoins have real use case and mostly altcoins are using as security and no more. You can see only a few altcoins are having real utility usage to get the loyalty program or even to use it on its platform. Every altcoins have its purpose but just for the future plan only.

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December 29, 2019, 05:09:58 PM
 #229

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?

We must not underestimate the purpose or usage of Altcoins in the crypto market because they were created from projects that is said to be the solution for the problems we have right now and that can be done by the use of the modernized technology which is in terms of crypto usage. Every altcoin is designed or created depending on the goal or purpose of the project so every altcoin is somehow different from one another when it comes to purpose. What we are just seeing is the outer shell of its usage which is to provide profit or just used for gambling or blockchain games. There is still a future in Altcoins that is waiting to be unlocked if we will just see it thoroughly inside the shell. But as of now, Bitcoin still plays the dominance and added by the fact that the market is down, the price of Altcoins are also down for a while but once the market recovered, surely Altcoins will do have lots of usage depending on its purpose in the near future not just being used for gambling.

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December 29, 2019, 05:44:07 PM
 #230

Personally, I think that in the future there will be no altcoins in the usual sense for us. Today, 90% of altcoins are only icons tied to a certain cost, they are almost not connected with the product.
In the future, the technology itself will be important and not its monetary equivalent, so projects will either have to shut down or fundamentally change their structure.

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December 29, 2019, 06:09:10 PM
 #231

There are many Chinese Altcoins projects like aelf which will propel in the future as the Chinese authority is aggressive towards these technologies. Xrp is already famous and implemented in banking. The use cases are unlimited.
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December 30, 2019, 02:30:08 PM
 #232

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 are wrong sir, altcoins have different use cases and most of them can be used on e-bet platforms, it's same thing with bitcoin as well, almost all coins can be used as means of payment because of their value, there are some altcoins that even surpass bitcoin base on their features

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December 30, 2019, 02:40:10 PM
 #233

There are many Chinese Altcoins projects like aelf which will propel in the future as the Chinese authority is aggressive towards these technologies. Xrp is already famous and implemented in banking. The use cases are unlimited.
It needs to be recognized that China has an aggressive level of development in any technology, if they develop more broadly, altcoin might grow, especially for altcoin that can be used and accessed in various places and has uses that are really needed by the community, because for me altcoin is needed by the community will always grow and develop

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December 30, 2019, 03:18:22 PM
 #234

Altcoins can be used as daily money. I think Bitcoin Digital will be a gold. So people will get bitcoin to make savings to invest. However, they will prefer other coins for their daily shopping. In addition, the block size of bitcoin is insufficient.
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December 30, 2019, 03:59:09 PM
 #235

Altcoins can be used as daily money. I think Bitcoin Digital will be a gold. So people will get bitcoin to make savings to invest. However, they will prefer other coins for their daily shopping. In addition, the block size of bitcoin is insufficient.
are you sure about this? The majority of altcoins can be considered as security and almost all of them can't be used as a daily money caused by they are all not even accepted in a single merchants.
you need to convert your coin to the fiat to use it and it can't be considered as real usage of altcoin.

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KillerInk
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December 30, 2019, 04:39:19 PM
 #236

I think in the future, altcoins will be heavily used in both the investment side and the other side. altocoin is very diverse and increasingly encroaching on many different industries. I really hope the good future of altcoin
Dangki01021991
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December 30, 2019, 04:45:08 PM
 #237

altcoin is a good opportunity, is a great destination for all investors. in the future altcoin may be used in many areas and many different aspects of the market. altcoin trends are very noticeable. Roll Eyes
Pham_Kinh_Kong
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December 30, 2019, 04:48:50 PM
 #238

In my opinion, altcoins are not a good choice and will not be used in the future. altcoin is not showing its position in the market because of the significant decrease in value.
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December 30, 2019, 04:51:38 PM
 #239

I disagree with your opinion very much. You should trust the altcoin and the cryptocurrency market. Although it is not performing well, I believe that altcoins will do better in the future and you will be disappointed in your opinion.
curly228
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December 30, 2019, 08:24:30 PM
 #240

I dont think so, because i dont know no one project who can get high potential

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