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Author Topic: Use of Altcoin. Do you know any altcoin that has so much potential as use case?  (Read 410 times)
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January 22, 2020, 12:04:29 PM
 #21

There are some project with good product for community. BNB is one of them, this is Binance token and have some use like reduce trading fee, buy IEO. This token is only use by crypto traders and already some lots of good effect. The next one, i think about TRX because there are many dApp use this coin to reward users. I believe there will be more coins can be useful in real life.


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January 22, 2020, 12:33:29 PM
 #22

I think that third generation blockchains like EOS, TRON, IOST, etc, have the most potential to really innovate in cooperating new use cases. I don't understand why these new blockchains and platforms don't take off in the market and moon?I think that Tron and EOS have the dapp markets by the freaking balls, and IOST (a more recent third generation blockchain platform) is slowly playing catch up. I think these would be the most successful platforms eventually, until the 4th generation of blockchains and platforms come out.

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January 22, 2020, 12:48:23 PM
 #23

In my opinion, in the near future, the greatest potential will be accumulated by stable coins.
More precisely, their digital analogues of banking and state financial systems.
The cryptocurrency market is not stable and not so attractive for the average citizen, but storing and transferring money using digital analogs may well become what everyone needs.
That instability might not be that attractive to the average person, but for investors, I think it's very interesting, moreover the rate of increase is so great. but, still, new and potential altcoin and top altcoin have become an area that is often used by investors. however, stable coins are sometimes used as a place to take advantage of falling prices.
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January 22, 2020, 01:05:09 PM
 #24

Is there any altcoin that has so much potential as use case in our lives?

It seems that even major altcoin like Ethereum still struggles with securing stores to be used...
You are simply contradicting yourself because you are expecting all the coins should be having a real life application similar to bitcoin. Yes, ethereum is not a money but it is just a gas which is needed for its smart contracts to function. When ethereum is not for money like usage then why you are expecting them to be adopted by stores. You need to understand all the commodities cannot be money but money can act as commodity too.

Most altcoins are just creating their own use cases like gambling money or exchange fee (like BNB in previous version). Ethereum kind of smart contract based coins are having in-house use cases. But, you need to understand that success of a coin does not depend on use case as investors need good returns hence you simply need frequent pumps and dumps to adopters busy which will lead to huge success of that coin like how XRP is doing.

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January 22, 2020, 01:27:39 PM
 #25

Exchange tokens like bnb and ecxx have good use cases.
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January 22, 2020, 01:29:03 PM
 #26

Many altcoins have their real use cases, you can't ask people for that and starting buying coins because people say they have potentials, you need to do the right findings yourself, you can start on coinmarketcap and focus in top altcoins
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January 22, 2020, 01:35:56 PM
 #27

I believe at the moment the best altcoin is Ethereum. So this coin has great potential for developing a good business. The Ethereum coin also brings a good return on investment. And I believe that this coin is worthy of being the most popular in the cryptocurrency market.
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January 22, 2020, 01:38:35 PM
 #28




Is there any altcoin that has so much potential as use case in our lives?

It seems that even major altcoin like Ethereum still struggles with securing stores to be used...


Up to now, I have not seen any altcoin put into use in our lives. There are many altcoins created with many different uses, but after a long time of operation, no altcoins really meet the needs of everyone. And that is also the reason why the altcoin market is so much more boring than in 2017 because no one believes in investing in altcoins anymore.

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January 22, 2020, 01:49:10 PM
 #29

Have you see how many altcoin on coinmarketcap? Yeah you will see there are at least 4000 altcoin. And I believe there are some altcoins what are you looking for but I doubt you will be interested to their price movement. Ok, I'm nit hyptorical that if I choose an altcoin to be choose as an investment then I'll have a bunch of hope that I will get a lot of profit.

But, seem like you wouldn't be lucky if you choose an altcoin although the altcoin has a useful case to be realized. Even, some of them will make you lose because the altcoin price just have a high price when it is new to be traded. So, my point is as someone has stated that you should choose only bitcoin if you find profit and also for a use case. Please see how many merchant who decided to accept bitcoin as its payment system? Also how many people who got a lot of wealth from their investment in bitcoin?
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January 22, 2020, 01:51:46 PM
 #30

Ripple and Binance coins are one of the potentially very good coins besides ethereum.
for use in life I do not know but ethereum also does not show a function in the daily life that I experience. all I answer and know is the most suitable for investment.

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January 22, 2020, 02:02:22 PM
 #31

I am a crypto lover, and I also hope that the actual use of crypto will soon be realized. here, crypto can be traded at a local exchange, and if I want to pay utility bills and other payments, then I have to convert it first with the legal currency here.

Realizing crypto as a legitimate payment tool is not an easy thing. When we talk about a lot of countries that have adopted an altcoin for a legitimate payment or as you buy a beer and pay for it only with a barcode scan is already happening but not everyone in this world who understands how important and Secure using crypto. Not to mention the internal problems of the government that has spent a lot of state money to make real money as a legitimate pay tool, well to make a new payment system for sure they will think several times considering the profit and Disadvantage.
I hope also crypto is acceptable and not complicated to meet the daily needs, but today we are here worth grateful because we already know though a little about crypto and have also used it for purposes even though it's Only to pay an electricity bill.
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January 22, 2020, 05:51:44 PM
 #32

No.
I am sorry but I haven't heard any altcoins that goes outside the internet yet.
Bitcoin is the always the coin that gets the most utilization when it comes to payment. I just read a thread recently about the OP looking for XRP payments, and from my research, it just showed few services that accepts it.
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January 22, 2020, 06:13:13 PM
 #33

BNB is the biggest example, they have so many ways to use it, Eos is basically smaller but similar as well.

For bnb, you have a binance exchange, you have binance dex, you have binance trading fee, you have burning, you have funding of IEO, and those are all the ones I can remember without looking up anywhere, its used like hell and that is why it worths so much compared to when it first started, I wish I kept my BNB from back in the day, I had a ton of it during the early days thanks to my affiliates but it was a good chunk of money so I withdrew it, if I kept it I would had so much more money now.

Eos is smaller of course but there are tons of dapps built around EOS, so much so that eos blockchain got clogged few times in 2019 from all the attention it got.

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January 22, 2020, 06:15:45 PM
 #34

Adoption isn't that wide for now with altcoins but for bitcoin, it's a very popular mode of payment for most and you don't have to worry about its acceptance because it's the most accepted crypto. Ethereum is the second known crypto and known for the alts but still I agree with what you have said that it is struggling to be adopted by most people. Probably, they are looking into it as a source of different tokens which they don't because it has made a lot of it before and keeps on going.

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January 22, 2020, 06:35:05 PM
 #35




Is there any altcoin that has so much potential as use case in our lives?

It seems that even major altcoin like Ethereum still struggles with securing stores to be used...


There is much use of top ten altcoins along with the use of bitcoin. Many people like to transfer their money via ethereum, litecoin or any other coin which have low transaction fees because many people when sending a small amount in crypto then they cannot afford the fees of bitcoin transaction. There are also a number shops and services online which along with bitcoin also accept some high standard altcoins.
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January 22, 2020, 08:21:08 PM
 #36

Exchange tokens like bnb and ecxx have good use cases.
As Binance's coin can be used outside of the exchange, it may have an acceptable side. But does ecxx have any other function than being exchange's coin? If not, what could be its advantage as a use case? At the very most, there will be a 40% discount for fees. For example, Revain's usefulness is superior than that, and can be added to this list. They have launched Blockchain based review platform.
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January 23, 2020, 01:20:50 AM
 #37

xrp continues to move with the approval of certain banks in collaboration from their latest application, most recently they collaborate with one of the oldest banks in Thailand. For ethereum also recently won an important patent for the fiat-crypto transaction system. They haven't had significant success in real business, but adoption has moved very positively.

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January 23, 2020, 01:41:13 AM
 #38

the actual use case for altcoin depends on where you currently live.
because every altcoin has different activities and uses, if your country originates from crypto it is already legal, of course there are many uses besides being a transaction and investment tool.
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January 23, 2020, 02:14:17 AM
 #39




Is there any altcoin that has so much potential as use case in our lives?

It seems that even major altcoin like Ethereum still struggles with securing stores to be used...


For real life, even bitcoin still must face the main problem. Regulation, 1 word but really important because if there are no regulation about bitcoin or maybe bitcoin can be legalize, only need time for people to use it as payment. And then it can be followed by altcoins too.

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January 23, 2020, 04:47:11 AM
 #40

I think the top 20 coinmarketcap is a coin that has a real use case.
In addition, for now, I am very interested in privacy coins. although not something new. Where a project called Stegos carries this idea. We can send transactions without being seen which is named by the snowball method. In addition, the application also allows us to chat with full privacy without anyone knowing.



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