Is there any "real demand" for apple or google stock? Do people really "need" to own shares in facebook or ibm?
Of course not but they buy anyway
so maybe you have gotten some wires crossed there because you seem to be using the word demand incorrectly
Porn is one of the most addictive hobbies in the world and that is why they made so much money back in the day before the invasion of the tube sites.
Do people "need" porn? of course not! but they do need sex. so porn is just a means to an end.
Porn capitalizes on the "need" for sex, theres your demand
You are right though in saying there is no "need" for altcoins because that is totally true, if altcoins were to dissappear tomorrow the world will keep on turning
but for us in the alt market, altcoins are just a means to an end
we know that we can buy an alt, convert it to btc then cash out dollars. So the "demand" is actually for usd gbp eur etc not the alt itself
altcoins are just a means to making money and THAT is why people buy
that is how pumps actually work, they create demand for a coin and people buy because they think they can make money quickly (usd gbp eur) there is demand for fiat and altcoins are just a means to generating more fiat
theres your demand
spot on, if there was no demand for altcoins you wouldn't have 100 retards forming "altcoin communtities" for every coin lol
the way i look at it we all buy and sell altcoins for the one purpose of making money that can be converted into fiat
there are many guys here who trade dozens of markets not just cryptos
its all for the love of that dirty green C.R.E.A.M!!!
