Are altcoins useless?

[sieemma]

Both bitcoin and altcoins make the cryptocurrency so without altcoins, we will have only bitcoin. It is just the same as the world and its currencies. We do not use one currency so the digital world does not need only one currency to rule.

[Nwaka20]

Altcoins can't be useless cause there re so many altcoins with good use cases. Altcoins like Ethereum, xlm, xap etc are promising projects which have thrived very well today. There are also a whole lot of worthless altcoins.

[jarhed]

Altcoins can't be useless cause there re so many altcoins with good use cases. Altcoins like Ethereum, xlm, xap etc are promising projects which have thrived very well today. There are also a whole lot of worthless altcoins.

I agree with you, when Bitcoin will cost $ 15,000, many new investors will buy Altcoins, because these coins are very cheap in relation to Bitcoin.

[Flezy]

Some are useless and some aren't.
Those that are useless are the ones which were either dumped by the team, pump and dump or have no use case thus being worthless.
On the other hand, those that are not keeps adding to the growth of the crypto space, such as ETH, XLM, BNB, EOS, TRX and so forth. Each of these keeps offering features, products and services which will attract more investors.
So, a greater number of altcoins aren't useless and greater number is too.

[sixtyonefourfive]

How can HST - decision token be useless, its the most amazing altcoin, with a real world use case.  Voting on the blockchain, its cost effecting, voting results are instant and it cannot be hacked.
Watch for a major announcement due out on Monday on HST.  Buyers are building over the weekend already!
source: https://horizonstate.com/

[Abiky]

I cannot understand why some guys think that altcoins can be really useless. Even the simplest example will show their benefits: thousands of guys managed to improve their life thank to altcoins trading, and they deal with them still.

Everyone has their different perceptions about different cryptocurrencies being traded on the market. Still, the general mindset of the people, is that altcoins are useless because they're not as popular and widely adopted within the mainstream world as Bitcoin is. Of course, it's true that some altcoins are complete junk because of their lack of innovation and support from their developers. However, not all altcoins are the same. Which is why, you'd need to do your own research in order to determine which altcoins are worth your investment and which are not.

For the average person, most altcoins may seem to be useless after all. However, serious traders and investors may not see it this way, finding most altcoins useful for making profit within the short term. Despite this, I believe that within a few years from now, most altcoins will be wiped out of the market, leaving us with only Bitcoin, Ethereum, and other prominent cryptocurrencies.

Nonetheless, there are still good finds nowadays depending on your specific needs. With thousands of altcoins available, one could separate the good from the bad. Just my opinion

[Burogh]

Altcoins can't be useless cause there re so many altcoins with good use cases. Altcoins like Ethereum, xlm, xap etc are promising projects which have thrived very well today. There are also a whole lot of worthless altcoins.

I agree with you, when Bitcoin will cost $ 15,000, many new investors will buy Altcoins, because these coins are very cheap in relation to Bitcoin.

Indeed, investor always looking alternative investmen when they think bitcoin is too expensive. Altcoin could be a potential investment because there is a lot altcoin with good product and have solid developers team

[Menawi12]

Some are useless and some aren't.
Those that are useless are the ones which were either dumped by the team, pump and dump or have no use case thus being worthless.
On the other hand, those that are not keeps adding to the growth of the crypto space, such as ETH, XLM, BNB, EOS, TRX and so forth. Each of these keeps offering features, products and services which will attract more investors.
So, a greater number of altcoins aren't useless and greater number is too.

Indeed, many altcoin useful and not useless. Its trust many altcoin are shitcoin but we should not say altcoin is scam because a lot back up by company and have good partnertship with reputable company

[XFlowZion]

Some of them have real use cases and the rest of 90% are just there because of the bandwagon. I'm so thankful that IEOs existed because we can now eliminate much more scam with the help of exchanges. Because I remember that there are still a few scams before that really looks very legitimate and that is what I wanted to be stopped so they won't be added to thousands of useless altcoins in the market.

[airdagon]

I don't know about this, but I use altcoin for trading and looking for profit, not used as a payment tool

[andrearz]

I don't know about this, but I use altcoin for trading and looking for profit, not used as a payment tool

I also do the same thing and I have never used altcoin to make payments at all. even though there are so many altcoins that can be used as payments.

[jolle123]

Definitely no. Altcoins will never be come out as a useless, there are some that can be called useless but it will not defoned that every alts will become useless. Like the dencoin tokens, I can say that this alts are so useful in exchage for giving good profits to its investors. So I can really say that altcoins will not a useless king of investing.

[farraddy]

All altcoins are different and say that they are useless, it is, of course, wrong. Among altcoins there are many very good coins with great potential. But and scams lack of course.

[Whaletale]

If you rmthink alts are useless then no need of having them , just hold you btc or fiat and less the alts rest in any way.

But if one must be in this crypto ecosystems then you need alts to boost your btc value and most alts are truly not having any worth but that is basically your work to determine which you can invest your funds on and if find non then you stay clear in alts market.

[Budor]

Any strikes are actually vain. I considering that they were composed just to improve the developers. These are vacant and unneeded undertakings. We have to select many true and favourable projections representing assets.

[Agamadred]

exactly, nearly altcoins are vain, on the other hand with a great PR group and a plenty of cash to backbone the coins up, any of them get base their method into top100, we assume 't require thousands of defrayals solving, we aloof require bitcoins and a little small number of additional strikes. Nearly of the altcoins we exchange are aloof tickers and unloads.

[Beyerd17]

No, altcoin are not useless, a lot of them are useless, but not all of them. At some point a new altcoin will provide some new flying tech that will blow us all away and take the lead over Bitcoin.

[Asformu]

Whether altcoins are vain reason does humans forming an large assets representing these form of money? Representing confident plenty of humans always attaining and lossing in altcoins on the other hand it desire conditional on on their feel to create any cash.

[yokai21]

for me investing in altcoins is not useless because even though its low price is now I'm sure that when you invest in it now and to sell it when the price rises it will cost you money.

[CAPT.DEADPOOL]

Altcoins are not useless just because it drops the price bitcoin because because when the price of bitcoin falls, the price of altcoins will also fall, so it is better to buy altcoins that are longterm and potentially.