Altcoins should focus more on technology

[Prolifik]

i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users

And what do you think that they are doing? NEO is a example of smart economy. But the question is if this concept will be ever implemented. 
Altcoins offer many solutions, but do we really need these solutions?

[Tallos]

Lets think about it.
Bitcoin was created as an alternative to traditional financial system. Bitcoin is solving a real problem.
Altcoins were created to make a problem and solve it. 

[bitcoinposts]

The main problem with alt coins is some coins are completely unknown in bear market so they should completely focus on developments irrespective of bear and bull market then only they can stay in the market

[Adya]

i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users

every bisness or technology need time to develope if you mean ot scamprojects. you talking like capitan evidence.

[CLywaTeLb]

The main problem with alt coins is some coins are completely unknown in bear market so they should completely focus on developments irrespective of bear and bull market then only they can stay in the market

When coin become famous in a bull market, this does not make the business of this coin successful. Until now, most coins gain fame for a short time and only for the crypto community.

As for altcoins and technologies. Blockchain is convenient for accounting financial transactions, for maintaining chronological records of any kind. Cryptocurrencies, like blockchain derivatives, are also good for finance. But how can this be used, for example, in computer technology (as an improvement in technical characteristics)?

[firmino10]

You are right, altcoins should place more focus on the technology and real life usage which will help create demand for their coins and attract investors
Like the CEO of Binance said that the next bull run will be as a result of adoption and not hype like the previous one.

[WestWorldNP]

Hey peers, many people nowadays trade altcoins but only a few mine, why?

[Banksyy]

Hey peers, many people nowadays trade altcoins but only a few mine, why?

I suppose that mining equipment is very expensive, right? And only few people can afford. Just look at the prices for example on this site: asicequipment com.

[WestWorldNP]

Yeah, I see, but 1500-1900 USD not a huge price per piece, You may invest them in shitcoin and turn them to 0 dollars in a few weeks.

[Banksyy]

Yeah, I see, but 1500-1900 USD not a huge price per piece, You may invest them in shitcoin and turn them to 0 dollars in a few weeks.

But there is no right sense in such trade. But mining can be profitable in any way.

[WestWorldNP]

And what about this site? How did you find it?

[Banksyy]

And what about this site? How did you find it?

Asicequipment? I know them for sure as a friend of mine ordered there. By the way he paid back soon, in 6 months, rather quicke yeah?

[WestWorldNP]

Hell yeah! Only 6 months? How did he achieve such quick result?

[Banksyy]

Hell yeah! Only 6 months? How did he achieve such quick result?

Due to high performance of the miners and low cost of electricity. In Venezuella electricity costs 4 times less then in US. Moreover shipping for him was free from asicequipment, so no problem in paybacking

[WestWorldNP]

However many people still mine in US, and have their income, is there a sense in mining here?

[cytpoway121]

i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users

I think we just need to stop repetition of projects
Most altcoins today are copy cats and duplicates; which is why it is difficult and hard to find investors anywhere

[Banksyy]

However many people still mine in US, and have their income, is there a sense in mining here?

I think yes, as the mining is highly spread in US, asicequipment are from US as well, many people and companies are involved.

[Jenkins33]

i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users

Altcoins should primarily focus on the real benefits that they can bring to people. If they have real use in people's lives, they will find many investors in the crypto market. Everyone is tired of regular exchanges, casinos, bitcoin killer altcoins, etc.

[Belianez]

Investors are always interested in those projects that have a real product , or a product that works , but in the market they are very small, as everyone is trying to earn fast and create new coins every time.

[Kasabus]

i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users

They are certainly doing that as a real profit will always work to deliver and they understands that when they show results the price will follow.
However, it's the nature of the market that people love to speculate, not only the development of the project would make the price to increase but the team should also learn to make some hype to attract investor, and they should be smart enough to do everything based on timing.

For example, this year, when altcoins is not progressive, making good announcement regarding project's development is not always attractive because investors still has the fear in putting their money and they'll rather put it in BTC when the overall altcoins market performance is poor.