Why altcoins exists?

[doc]

Altcoin will exist if the coins is worthed. Have good projects and good team.
I agree with the opinion above.
Altcoin function to complete the crypto , because bitcoin cannot fulfill. It's good answer.
Bitcoin is unique and pioneer of crypto currency but altcoins have more usable projects.
There are many functions of altcoin now. such as gaming cpins, platform, metaverse etc

Yeah if the altcoin is very potential and worthed, I think it will exist for along years.
As you see Ethereum, BNB, Cardano those are smart contract platform.
Exist until now and gaining popularity bday by day.
Litecoin is also still exist.
And we will see many new coins at the coming years.

[dekafee79]

in my opinion, altcoin will always follow bitcoin, If altcoins have potentially and have good project it will exist.
We can see at top 100 coins on CMC, Those are more safe to invest.
Several investors prefer and confident to invest in bitcoin than altcoin.I personally prefer invest in altcoin.
Because I think I Dan get double profit.

[wolfmann]

There are many reasons why altcoins exist and the main reason is that anyone can create one in a permissionless fashion. Other people have created altcoins to compete with bitcoin and the projects claim to offer better privacy, more decentralization, or they focus on something that bitcoin cannot do.

Then there are those that have a utility function. Personally, I appreciate coins with utilities that's why I love the ARCADE platform where hodlers of $ARCADE are allowed  to earn meaningful rewards, from various Play-to-Earn metaverse games, without requiring gameplay or even NFT ownership.

So, I believe many more altcoins will still be launched and get the crypto space better.

[anshor1]

Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??

Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??

Because altcoin has good project, good time mad also big community, altcoin will exist.
If the project is bad and didn't improve yet, I think  the coins will be leaved by investors.
The main key is many investors buy and hold this coin.
Believe in their projects because usable in crypto currency market.
And maybe will be payment methods.

[smart_oa]

The same reason why bitcoin exists. BTC could be the father of all crypto currency but there are many sectors where development can be made which can not be possible in the current BTC network. So we need altcoin for that. In terms of technology, many altcoins are superior to BTC but bitcoin has the most support from the community.

[nakmantu99]

The same reason why bitcoin exists. BTC could be the father of all crypto currency but there are many sectors where development can be made which can not be possible in the current BTC network. So we need altcoin for that. In terms of technology, many altcoins are superior to BTC but bitcoin has the most support from the community.

Yeah , I think altcoin  always support bitcoin at the platform that bitcoin didn't do that.
Such as smart contract platform, gaming coin, NFT, Defi, metaverse and web 3.0.
I think it's the reason why altcoin exist.
completes what bitcoin can't do.

[Astra]

Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??

Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??

It is wrong to think that altcoins are a simulation of the bitcoin path. Bitcoin is a general-purpose coin without any useful additional features. And in altcoins just they are. Therefore, the use of altcoins is very diverse and Bitcoin cannot replace them. In my opinion, bitcoin gave popularity to the cryptocurrency only at the initial stage, and now its popularity largely depends on altcoins.
Bitcoin still dominates the cryptocurrency market in terms of price due to its high level of capitalization. But the cryptocurrency market is growing and developing. We do not yet know how this development will go further, but leaders are not eternal.

[Hisbullah]

the reason why altcoin exist, because altcoin has many future technology and suitable for anything in crypto currency.
We know about smart contract platform, Defi and lately there metaverse and web 3.0 project.
If the altcoin projects are potential and popular, I believe altcoin will always exist.

[Beattysuhita]

the reason why altcoin exist, because altcoin has many future technology and suitable for anything in crypto currency.
We know about smart contract platform, Defi and lately there metaverse and web 3.0 project.
If the altcoin projects are potential and popular, I believe altcoin will always exist.

It's true what you said, in Cryptocurrency we can only rely on Bitcoin. We need Altcoins to complete all the shortcomings of Bitcoin, there are many new ones in these Altcoins and this is what makes Crypto technology better and faster growing.

[de_prof]

the reason why altcoin exist, because altcoin has many future technology and suitable for anything in crypto currency.
We know about smart contract platform, Defi and lately there metaverse and web 3.0 project.
If the altcoin projects are potential and popular, I believe altcoin will always exist.

It's true what you said, in Cryptocurrency we can only rely on Bitcoin. We need Altcoins to complete all the shortcomings of Bitcoin, there are many new ones in these Altcoins and this is what makes Crypto technology better and faster growing.

Talking about technology, altcoin is better.
But If we talk about popularity, bitcoin is the most popular.
Altcoin complete the bitcoin at several elements that bitcoin cannot do.
Gaming coin, Defi, NFT, metaverse, web 3.0 are altcoin projects.
Not bitcoin

[Senin]

the reason why altcoin exist, because altcoin has many future technology and suitable for anything in crypto currency.
We know about smart contract platform, Defi and lately there metaverse and web 3.0 project.
If the altcoin projects are potential and popular, I believe altcoin will always exist.

It's true what you said, in Cryptocurrency we can only rely on Bitcoin. We need Altcoins to complete all the shortcomings of Bitcoin, there are many new ones in these Altcoins and this is what makes Crypto technology better and faster growing.

Talking about technology, altcoin is better.
But If we talk about popularity, bitcoin is the most popular.
Altcoin complete the bitcoin at several elements that bitcoin cannot do.
Gaming coin, Defi, NFT, metaverse, web 3.0 are altcoin projects.
Not bitcoin

There is no doubt that in terms of efficiency and usefulness, many altcoins have long surpassed bitcoin. Bitcoin remains popular due to the large previous increase in price and the spread of information that due to the reduction of rewards to miners every four years, its price increase will continue, if not indefinitely, then for a very long time. I don't think this will really happen. We see that the higher the price of bitcoin rises, the more difficult it is for it to grow further. The general rules of the market will eventually work anyway.

[Vx1]

We have to, without Altcoins Bitcoin might not be as popular as it is today. These Altcoins have an important role in the development of Bitcoin to date, the more Altcoins the bigger and the growing popularity of Crypto. Altcoins can also balance the price of Bitcoin, and I want new altcoins to appear all the time.

[MrSpasybo]

The original idea of Altcoin was to compete with bitcoin as payment, however later Altcoin found more value with blockchain 2.0, 3.0, DeFi, GameFi, Metaverse.
Altcoins also make the crypto market more interesting.

[satpol_PP]

The original idea of Altcoin was to compete with bitcoin as payment, however later Altcoin found more value with blockchain 2.0, 3.0, DeFi, GameFi, Metaverse.
Altcoins also make the crypto market more interesting.

I get the point, Altcoins also make the crypto market more interesting.
It's the reason altcoin still exist because altcoin complete the lack of bitcoin technology.
Such as smart contract, defi, Gamefi, metaverse and web 3.0.
Many altcoins are very potential than bitcoin.

[Speaker]

Altcoin for any project is primarily a tool, not a means for speculation.