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Author Topic: Use of Altcoin. Do you know any altcoin that has so much potential as use case?  (Read 450 times)
crossabdd
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January 23, 2020, 05:00:42 AM
 #41

I don't think there is yet. all altcoin is still used on the internet. rapid growth is only on the blockchain ... but in fact, it is still not possible for real use cases. I think the main factor that has not yet sprung up for real use is not enough about regulation. ethereum is the most popular, but it still cannot be used for real life. many development plans, notaries, certificates, etc. use ethereum blockchain records. but that's still a plan.
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January 23, 2020, 05:48:40 AM
 #42

If altcoins have no potential why are they on top ranked lists? Many new coins and tokens find it hard to reach top 20 isn't it because top 20 coins are so damn good than the rest? If you want names it doesn't make sense, better find them yourself

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January 23, 2020, 05:51:43 AM
 #43

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.
We know that ETH is the best altcoin of all because ETH is under BTC. And to invest in ETH itself is a good decision because we all know that ETH is a coin that has the potential to be able to generate large profits and returns. But actually not only ETH, there are a lot of good and profitable altcoins, all we have to do is look for opportunities to determine at what point when we will buy and sell these coins.
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January 23, 2020, 07:54:23 AM
 #44

I don't think there is yet. all altcoin is still used on the internet. rapid growth is only on the blockchain ... but in fact, it is still not possible for real use cases. I think the main factor that has not yet sprung up for real use is not enough about regulation. ethereum is the most popular, but it still cannot be used for real life. many development plans, notaries, certificates, etc. use ethereum blockchain records. but that's still a plan.
In terms of utility, I only know 2 altcoins that are also accepting as mode of payment in few stores. ETH and XRP are now alsobecoming popular but the problem is those who want to adopt cryptocurrencies are focusing more in bitcoin than in altcoins. Most of the people who patronizing altcoins have a purpose of price appreciation and not to use it. The price appreciation is all about trading where people are just buying and selling altcoins because their focus is just to make profit.
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January 23, 2020, 01:30:17 PM
 #45

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.
Actually, when the stability itself is an opportunity for investors to be able to produce large or multiplied profits, of course this is very risky especially if the investor buys a coin or incorrectly predicts the likelihood that will occur later and precisely the losses that can be obtained and it is true that Today's investors will prefer to play it safe rather than take a big risk.
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January 23, 2020, 01:35:22 PM
 #46

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 no other coins apart from the Ethereum you have mentioned. I have never seen any other coins being used for transaction in any case, not even in online stores. Ethereum is the only altcoins that I have seen a few times, the majority are using Bitcoin.

I have also made use of Ethereum and I'm currently using it now for transaction because that's what my business partners uses for transaction, sometimes they switch to Bitcoin. If Libra should be released there is probably going to be huge adoption for it and the way I see it it's going to be on par with Bitcoin when it comes to use case.

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January 23, 2020, 01:41:57 PM
 #47

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...

Not all altcoins are created plainly as a currency. I guess Ethereum was not really created mainly as a currency just like Bitcoin. It is a currency but with a certain purpose. Ethereum was built offering smart contract. Litecoin was a currency just like Bitcoin. Monero was also a currency but with a strong touch of privacy. Others are coins and tokens minted for a specific purpose or ecosystem.

Stores are not yet fully accepting crypto. Only a handful of them do. But to the stores accepting crypto, Bitcoin will always be there, followed perhaps by Ethereum or Litecoin.

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January 23, 2020, 02:00:56 PM
 #48

Now it seems that in addition to Bitcoin, it is Ethereum. After all, there are more applications on Ethereum. Smart contracts do have uses in real life, such as contract implementation. The distribution of graduation diplomas can be used on Ethereum. So, for now, I am optimistic about the future performance of Ethereum.

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January 23, 2020, 08:03:52 PM
 #49

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.
Yes no doubt ETH is good Altcoin that we can invest our money in has great name in market and people believe in ETH for earning good profit and for other uses but as everyone has their own choice so my choice is to invest my money in bitcoin because for me no other coin is that trustworthy as bitcoin is so I personally consider bitcoin the best coin for having on my portfolio.
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January 27, 2020, 03:38:12 PM
 #50




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 are lots of Altcoins that have potential to be used. It is just that we are mainly focusing our eyes into Bitcoin because it is the most popular and most outstanding cryptocurrency of all time that is why it seems Altcoins are being set aside and only being noticed when the price of Bitcoin is struggling into down fall. Also, even there are lots of potential Altcoins, we are being blind of the concept that potential coins must have great amount when it comes to price which is just a one factor because for me a potential coin has a gopd price and useful in a sense that many people are raising the demand not just because of price but also its usage. The top ranked cryptocurrencies are mostly made up of potential coins so I can say that potential Altcoins do exist which can be useful in everyday life basis. Now the use of it depends on how we will use it that will suit our needs.

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January 28, 2020, 04:42:29 AM
 #51

Now it seems that in addition to Bitcoin, it is Ethereum. After all, there are more applications on Ethereum. Smart contracts do have uses in real life, such as contract implementation. The distribution of graduation diplomas can be used on Ethereum. So, for now, I am optimistic about the future performance of Ethereum.
Smartcontract doesn't have a lot of capabilities to be used on real life and it has limitation. Mostly of the smartcontract implementation still around the tokenization and i never see any service that uses smartcontract for another purpose than tokenization purpose. The future of ethereum can't be determine as we are still waitinf for the result from the ethereum big update that will be happening next year.

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February 10, 2020, 07:17:16 AM
 #52

If altcoins have no potential why are they on top ranked lists?
Top "ranks" are based on some metric. Look carefully and you will find it in the charts. It is going to be some price of every altcoin is you stack them all against another and they will get a rank there. That rank does not have any other subjective propagation. It is just a number in the list. No reason for that to have a potential use case.

Take for example BSV and other forked coins like ETC. They were made out of community demands. But are they of any use? Nope. But Why?

Because it is difficult and painful to make people accept and afford something that is difficult for them to understand. Crypto is not every person's cake. Most people cant understand how it works and it is a tough to make them understand.

 
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