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Author Topic: Do we Need Altcoin?  (Read 23719 times)
gandhe83
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February 24, 2018, 07:10:48 AM
 #701

Well, perhaps after the growth of bitcoin in recent years has attracted investors to enter the cryptocurrency market. Many altcoins have the potential to be formed and more and more attention. Due to improved technology and selective service facilities. Altcoin is very necessary for traders like us, because it creates countless profits. While bitcoin is only a single source.
Neo.Prometheus
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February 24, 2018, 06:45:32 PM
 #702

We need altcoins but we do not need more then we already have i think. We have 1200 coins in total and nobody follows them. All everyone follows the most popular ones and they only try to follow one if they see how much they can make.
CryptoZ7
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February 25, 2018, 11:26:58 PM
 #703

The Altcoin market is implementing their concepts and their system to others that are willing to embrace that technology. In my opinion in the present market trend, evolution of Altcoins are the future and we need that future with great ideology!

Bitcoin is not the only one that is showing us what we have expected with regard to the concept of decentralization. Altcoins with great ideas can do much, probably even more than Bitcoin in the near future. However, there aren’t many new altcoins that are great. Most of them fail. But, there are few of them that have interesting concept based on their own blockchain technology that is conceptually unique.
seandiumx20
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February 25, 2018, 11:33:54 PM
 #704

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?

Having altcoin is very unique since there are different platforms that are implemented in cryptocurrency. So they create altcoins to make them unique for the investors to support them. Do you think they'll promote their project and will use ethereum as the source of funds. Here in cryptocurrency, you'll be the one who create and make the value of the coin so it really depends. If you're having a good team then you will have a good project and also will have a supportive participants. Definitely the idea of every creative minds are needed so this is the cause of everything.

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StickySteeez
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February 25, 2018, 11:36:58 PM
 #705

Of course we do, there is not one coin to rule them all.

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7Pro
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February 25, 2018, 11:38:11 PM
 #706

Probably we need altcoins just pick up the right and have potential to exist there value after several months or even year, we can afford to buy altcoins in dip price while in bitcoin is very difficult to buy if you have no big capital.

Why we need altcoin mate? Do you any good reason?
The reason is bitcoin not perfect so it needs something that can complete it. Cryptocurrency is very wide and its here t o solve problem which we have in offline. So if bitcoin can not solve that problem then that is why we need altcoin
kateycoin
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February 25, 2018, 11:53:10 PM
 #707

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 we need altcoin lots of people here and some investor are invest to altcoin because some of altcoin have a potential and boom to the market. All people here earn in altcoin so we need altcoin.

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BeGoods
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February 26, 2018, 12:05:38 AM
 #708

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?
We need altcoins other than Bitcoin Cash and Bitcoin Gold and B2X. Altcoins give the option for the transaction when the bitcoin transaction price high. And it gives a variety of choices to invest money. Also in the initial stages, it gives many opportunities to the people to earn money from the campaigns.
Yeah sometimes an investment alternative is needed when some things arise. when bitcoin price is more expensive of course the capital to invest in bitcoin certainly must be greater. when people only have a small capital of course they will find it difficult to get a big profit from bitcoin. therefore alternative investment such as altcoin is necessary. it also adds to the variation in crypto investment.
cryptosifu
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February 26, 2018, 12:11:08 AM
 #709

Altcoins are the path to get more Bitcoins.  All altcoins have trading pairs with Bitcoins.  If you only held onto your Bitcoins, it will only be worth that amount.  So yes, we do need Altcoins to earn more Bitcoins. 
DabsPoorVersion
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February 26, 2018, 12:19:46 AM
 #710

Altcoins are the path to get more Bitcoins.  All altcoins have trading pairs with Bitcoins.  If you only held onto your Bitcoins, it will only be worth that amount.  So yes, we do need Altcoins to earn more Bitcoins. 
We all need altcoins because we can start from here then if you earn your token you can exchange it then use that as a start in bitcoin. You can do trading, gambling and whatsoever. In altcoin we can earn and use and spend that for our daily needs.

CoinNo1
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February 26, 2018, 12:35:34 AM
 #711

Yes, we need altcoins because we need blockchain technology in every fields of life.
Restmand
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February 26, 2018, 12:42:38 AM
 #712

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, of course. We need the altcoin in our life in the cryptocurrency world. Because if the bitcoin is only the coin in the market i don't think it can supply all the investor. I mean the bitcoin is limited we know, so if all investor are only bitcoin is using there are crisis that happen. So we need an altcoin in this world. Not only that, to provide the other choice to choose what coin they used
Amajaa
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February 26, 2018, 12:58:44 AM
 #713

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?
Other altcoins gives as profit too so we need them for our personal financial needs, like bitcoin they are all good investment too for some altcoins indeed give big profit too besides altcoin can be tradedable to bitcoin so no reason to take them for granted.
Achilesban
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February 26, 2018, 02:38:49 AM
 #714

Absolutely. we still need altcoin because bitcoin still needs altcoin as a complement so I can not imagine what kind of Bitcoin prices are now, and now with the abundance of altcoin because there is a competitive environment.
crazylikeafox
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February 26, 2018, 05:18:32 AM
 #715

Of course we need altcoins. Altcoins offer interesting ideas and technology that can be efficient to people and give them a huge profit. Also, competition is needed to know what coins can still make it in the future. Though, only the ones with the potential technology and development can compete with bitcoin. Many of us invests on altcoins for alternative source of profit.
daow403
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February 26, 2018, 05:41:59 AM
 #716

Of course, it can be more rich and colorful digital currency world, without him, here will be very boring.
annicketucufaw
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February 26, 2018, 06:12:12 AM
 #717

2 things came on my mind on why do we need Altcoins. First is competition, if there is no competition, one group or currency will dominate and manipulate the market and it is not a good thing for us small investors. The price will go high and it will be hard for us to get some of it. Second is innovation, if there is competition, many currency will innovate their coins and because of that the transaction will be faster and everything will have new features.

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Agent99
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February 26, 2018, 06:24:40 AM
 #718

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?

all of activities of crypto market need alt coin to trade and take profit. some of them have good profit in trade process so, poeple need altcoins rather than BTC.
_yoshi
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February 26, 2018, 06:26:51 AM
 #719

Of course we need altcoins. I think altcoins are more important than bitcoin. Bitcoin technology is totally old and not up to date. Bitcoin will be soon replaced for a technically better and faster altcoin. So bitcoin is not available to handle the transaction for a world wide payment. Thats why i think we need altcoin when you want to use cryptocurrencies as a daily payment.
Maloppo
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February 26, 2018, 06:34:15 AM
 #720

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?

all of activities of crypto market need alt coin to trade and take profit. some of them have good profit in trade process so, poeple need altcoins rather than BTC.

that's right we need an altcoins. because bitcoin is needed altcoins to trade in the crypto world
but we need be carefull too, many of altcoins is bad reputation.
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