Quote from: louisBSAS on September 08, 2019, 10:33:02 PM

Quote from: hahay on September 08, 2019, 07:38:44 AM

I don't think it's like that as long as the cryptocurrency market exists, because that's the reason for me to believe that in the future altcoin will not be as depressing as you might think. If this industry continues to run whether it's good or bad, at least with a market with an ever-increasing volume, altcoin will also have its own function which of course will have many benefits to use.

Of course, the crypto market needs altcoins, many of them perform functions that are not available to Bitcoin, for example, create smart contracts. However, I doubt that our cryptocurrency market needs these hundreds of altcoins that currently exist on it. That is why most of them are not popular.

Exactly, most of the altcoins in the market are just duplicate to the an existing altcoin, therefore they don't have a success because there's an existing one that is successful already. Actually it's alright to create some duplicate like having a lot of trading sites to increase the competition, but it's necessary that the team are looking for some innovation and always ready for the competition.