Do we Need Altcoin?

[densuj]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Yes I think,  We need altcoin for investment.  Altcoins  are good for investment  and trading.  It is the future currency.

Yes more than alternatives coins are good for investment and trading alternatives coins, we need alternatives coins because every coins has other purpose in development of the alternatives coins, for example there are alternatives coins just be used for games industry, gambling industry, finance industry and any other purpose. So actually alternatives coins is about addoption of cryptocurrencies in almost all of industries around the world. Including decentralize application dapps on the blockchain and smart contract because the bitcoin blockchain can not do that at the moments. But we must be really really becarefull when choose the new alternatives coins for investment because there are many new alternatives coins without development of in their products.

[babu10]

Actually there are lots of alt coins in market and everyday lots of coin coming into market. But matter of sorrow that most of the coin are valueless thats market price is so low and team does not take innatiative steps to raise up its market value. So we need valuable alt coin actually.

[Rituvohra01]

Yes we need altcoin as well as bitcoin because every altcoin have their own value and potential. We need altcoin for investment as well as for trading purpose.

[dentolas]

this is an interesting subject, there are a lot of alts on the financial sector, aiming to do the same as bitcoin, but better... it's function is mainly to substitute fiat money... and on this sector I believe we will need only 2 or 3...
but there are other alts with an utility function other than money, something that can be integrated into our daily lives besides the purchase of goods and services ... these I think there are a lot of them very interesting and worthwile

[Ezzi]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

of course,altcoins are a huge mass on the background of bitcoin, this indicates a large impact on bitcoin, bitcoin can not exist separately from the entire market

[Fenix]

I think that despite the fact that many Altcoins, and especially of them, tokens are useless, in general, we really need them for the development of cryptocurrency. It seems to me that we need to approach from the position that altcoins do not happen much. The greater their diversity, the faster the cryptocurrency will develop. The market will then decide for itself which cryptocurrency to remain and which time to leave.

[PhiliPPs]

You are right, a very large number of coins are now appearing and many of them do not even try to fulfill their functions, because they have been abandoned by their teams long ago, but there are also altcoins that carry great potential in development, so I think we need them!

[inewoods]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Like what you say there are already altcoins in the market why does we need more altcoins when there is competition as investors or adopters we stand to gain from their competition, the altcoins platform will get better and better isn't it a good point?

[Confero]

Yes, the more Altcoin means that Cryptocurrency is growing. And the more altcoins, the greater our chances of getting profits in Cryptocurrency trading. Because the more altcoins, the more choices of coins we can trade.

[Ezzi]

now it is difficult to imagine a market without altcoins,there are a lot of them and they hold the whole market in their hands, the times of bitcoin have already passed

[88percent]

now it is difficult to imagine a market without altcoins,there are a lot of them and they hold the whole market in their hands, the times of bitcoin have already passed

What do you mean by "the times of bitcoin have already passed"? I disagree with that view. Bitcoin is still improving, the price can bounce back to a high rate anymore. While altcoins will follow the development on market. And altcoins will support the revolution on digital investment with Bitcoin.

[hyipmentor]

yes we need altcoin.without altcoin bitcoin cant survive bcz altcoin is like ecosystem of market.

[lavoncoin88]

Not very many coins are indicating gigantic potential as far as advancements through this blockchain innovation. Innovation is making to persuade about putting into the task, some campanies are indicating potential towards the improvement which prompts increment selection Bitcoin and different altcoins.

[Luckyperson21]

yes, we need altcoin. because by collecting altcoin, we can collect bitcoin quickly. we can also get altcoin for free. So, if we lack the capital to buy bitcoin, we can find free altcoins like airdrop. and exchange to bitcoin.

[Alcor]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

It is impossible to unequivocally answer this question. Many of the Altcoins, and especially tokens, are useless and will eventually leave the cryptocurrency market. However, in general, we need new altcoins. Some of them bring a lot of new things into cryptocurrency, because of this, the cryptocurrency continues to evolve. This is one of the main directions of cryptocurrency development.