Are altcoins useless?

[Arvydas77]

In most cases yes - altcoins are useless but today they can act as testing zone for scalability, privacy, smart contracts etc. All the best features will be implemented into the biggest names (like BTC and ETH).

[ioanbtc]

No, not all altcoins are useless, some of them have new features and can be used more fast regarding confirmations, but if we look at the price not look good.

[aundroid]

Most 'utility-tokens' are only a tool to raise funds.
And in most cases, the ''utility'' is only for the access to a future product or service.

So yes, most of them probably become useless over time.

[cchub]

What you are calling useless altcoins I call the future of the overall economy. This is what we are going to use in the future to cut costs.

[UniversityCoin]

I earned most of my current money on altcoins. For they grow the fastest and you can increase your capital several times. The main thing is not to risk much and invest in reliable altcoins. For example, in the Altcoins from the top 50 list.

[Kiefner]

Now the cryptocurrency market already has a lot of coins, so I think that most of them are just not needed by anyone and therefore useless.

[gaj ahmada]

Every altcoin must have its own product, so making altcoins more useful, so everything depends on the marketing done by teams and coin developers because with the various altcoins that are currently available they come from various countries and we certainly cannot judge that coins are useless.

every altcoin does have to have its own product, so they have use so that it attracts people to buy it, developers must continue to work hard and make marketing strategies so that altcoin has value and is used by many people, many altcoins are useless on the market, but we cannot conclude that all altcoins are useless

[powerman24]

There are more than 2k altcoins and they are not useless. They represent different ideas and not all of them are successfully implemented. Many of them are copycats, scam projects but competition is good and the market will decide which ones deserve to be successful.

[Coinraptor]

No, it is not useless for sure. Many altcoins are using in crypto payment, people are trading with them and making money and therefore many altcoins has real-life adaption. So, altcoin is not useless but not every altcoin is good, rather a very few like 100 to 200 altcoins are good enough and others are not useful except some pump and dump scheme!

[apityeh71]

Purpose of each altcoin is different,  others token as utility token and others as securities token. Many altcoin has partnership with big company like Theta,  Enjin,  LTC and more,  so altcoin is give benefits to the different industry.

[Sephire]

Altcoins are similar to startup companies. There are always many competing in the same market sector. Some will be successful while some will fail.

[crzybilly]

They are not useless and the majority of our community will understand it in the nearest future, when altcoins will show their whole potential. Just give the market some time to recover and in the meantime collect the most perspective altcoins.

[mv1986]

Altcoins are similar to startup companies. There are always many competing in the same market sector. Some will be successful while some will fail.

If they have a product that they sell, yes, if it's just a coin I don't know. It is hard to compare it to a start up then.

[dadandandadan]

: Do we really need altcoins? Or Bitcoin, Ethereum and Monero are enough for crypto comunity this days?

You just can't rely on bitcoin alone. You need some alternative for bitcoin because you don't know what will happen in the future. So you need to atleast invest on three top recommended altcoins.

[steveabrahams]

No they aren't useless and of course people also use altcoins and we need altcoins too. If altcoins is useless then why people still do trading with altcoins. I know there are some useless coins but not all of them are useless.

[logisticalmother]

some altcoins are in my opinion still usable, and are still feasible to be used by many people at this time the prices are starting to increase little by little but, surely they can reach the peak maybe the useless altcoin is an altcoin created by developers running out of capital develop it.

[Wyndesam]

No they aren't useless and of course people also use altcoins and we need altcoins too. If altcoins is useless then why people still do trading with altcoins. I know there are some useless coins but not all of them are useless.

In most cases, all the altcoins we do not need , due to the fact that the product is simply not working , I think only we use the real 2 products in the cryptocurrency is a blockchain from bitcoin and a platform for ICO from Ethereum

[pics4crypto]

some altcoins are in my opinion still usable, and are still feasible to be used by many people at this time the prices are starting to increase little by little but, surely they can reach the peak maybe the useless altcoin is an altcoin created by developers running out of capital develop it.

I also think that in the cryptocurrency market now you can find many promising coins for investing and getting good dividends.

[m0Ray]

I'm not sure that people need cryptocurrency. People need blockchain technology. A cryptocurrency is a resource for the development of various areas of blockchain development. Since people are very greedy they do not want to develop this industry and therefore use cryptocurrency for speculative purposes.  As well as investors continue to invest in an unpromising product called bitcoin.

[Mata Kripto]

No they aren't useless and of course people also use altcoins and we need altcoins too. If altcoins is useless then why people still do trading with altcoins. I know there are some useless coins but not all of them are useless.

I agree with your opinion that altcoin is not all useless, altcoin will always be needed for its users, even now there are many who make investments and trade with altcoins. of course this suggests that altcoin is very useful and also needed. with the terms altcoin that really has good development and not just any altcoin.