Do we Need Altcoin?

[DiZEL]

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?

If you have available funds and you want to invest them in high-risk assets, then altcoins will help you with that. They do not perform any other practical function, and if there are no funds for investment, then altcoins are not needed.

[Dynamite]

We really need them as we are looking for more projects and campaigns to come in altcoinstalks. New project can help altcoinstalks to introduce anywhere as long as there are businesses and people and also money.

[comer]

If altcoin is created with same function to the other altcoin. I think its not healthy anymore. Let's say exchange platform. We do have so many exchange in the market creating another bunch of exchange platform will just hurt the cryptocurrency as a whole. Money won't be focus on one market anymore but instead it will scattered around the network. Further, creating another platform will not guarantee that the project will succeed in their quest to the ecosystem.

[wokee12]

Not all altcoin is useful, people buy it because for trading and take some profit, they not buy because this coin is have good product

[Alter]

Yes, we needs other altcoins, they will support the development and the existence of bitcoin. I think bitcoin will be useless without the altcoins. Bitcoin cannot be the best crypto coins if we have no altcoins.

[Bobcrypto]

You are very correct! And in addition to this, we need  Altcoins, because  their goal are to improve and diversify the bitcoin concept. Due to the competitive market, users will get better cryptocurrency alternatives in the future.

[reshat]

Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages. As the term 'altcoins' means all cryptocurrencies which are not Bitcoin, there are hundreds of altcoins.

[hyipmentor]

i think yes we need altcoin and with new altcoins coming in market we will see new project with new development and that will bring new idea in the technology.

[Dprincebh]

I think we need more altcoin but not as how it's been develop everyday. Tons of altcoin are been develop day by day and somes end up as shitcoins

[JaymondStark]

Yes, we are. Altcoins are trying to solve so many important problems if they are not scam. Blockchain has so many great areas to be used and altcoins are fuel of this situation.

[marcsymons]

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?

Altcoins are very useful to all simple and small time investors who can't afford to purchase Bitcoin which is much expensive to purchase than Altcoins.So if Altcoins will not exist then many people will not be able to join Crypto currency investments because of small capital and beside without Altcoins, bounty hunters will not exist too.

[rapheal]

I think we all need altcoins for trading and investments.Altcoin has less potential but higher levels of oscillation.So  altcoin is essential for those seeking high profits for a short term.

[Alpha]

Definitely we need altcoins to make crypto world much better than no altcoins. Even the altcoins are looking insane, we need them for addition and identifying who will be able to survive.

[The Translator]

Obviously we need Altcoin. Indeed, Altcoin basically functions as an alternative to Bitcoin. But despite being an alternative coin but having coin members which I think are good and potential coins and rumored to be able to beat Bitcoin someday. Like Ethereum, RIpple, Litecoin, EOS and others. They are all important here.

[Nazir]

I think we really need Altcoin, due to the fact an increasing number of altcoins suggest more alternative for us to invest. And for my part, the extra Altcoin, the more our chance of having a profit.