Quote from: Bitze on June 03, 2019, 03:29:49 PM

Quote from: mosprognoz on February 12, 2019, 11:51:49 AM

Now days we have more than 1 000 altcoins on the market. The question is, are people really using them? Frankly speaking only bitcoin, ethereum and monero are used for P2P payments. All others are used mainly for speculation purposes. Is it worth buying altcoins now days? I guess no, because all of them excluding tether are following bitcoin price chart. I mean if bitcoin is going up or down, altcoins are doing same. (Tether is connected to US dollar rate and used mainly for arbitrage trading purposes) So do we really need altcoins? Regarding platforms, only ethereum is mainly used, and mostly for creating ERC tokens. All others, like waves, neo, etc are used very rarely. Monero is used mosly for shady deals because it is untraceable. (I doubt about that, because one dude who opened a shop on a dark web for selling drugs was cached by police last week. For communication he used 3 level protected VPN and was accepting payments only in monero) https://www.wired.com/story/monero-privacy/ You can read about dark web here. https://www.techadvisor.co.uk/how-to/internet/dark-web-3593569/ days. The main question is: Do we really need altcoins? Or Bitcoin, Ethereum and Monero are enough for crypto comunity this days?

the mass of altcoins is really bad. it makes for outsiders an unmanageable picture and even if
you read regularly news and the forum it is not possible to stay up to date. there are also a few beads but the majority is unfortunately a rivet Roll Eyes

No mate not so much are useless if you will spend more time in market you will find every coin is useful but it only takes time for the price to be higher, I think now is the best time to see in the market you will see some coins at low price but actually they are future makers like bitcoin, eth and Ripple are the coins which is has highest potential in the market.