Bitcoin Forum

Why do you think good altcoins fail to keep going?   It seems there are some that are good and people collectively have put in tens of thousands of hours supporting, but the team decides to give up midway.

because they weren't good to begin with and they only showed themselves to be good. but in fact it was the front they put up to fool the public.


what do you call supporting?
thousands of "accounts" on social media like accounts on bitcointalk and reddit saying ...Coin is to the moon is not supporting.
it is called shills and hyping what you are bag-holding to be able to pump and get rid of your bags.

besides if the project was good in the first place it doesn't need a team! everything is open-source. you think if all top 10 bitcoin developers die today we are going to give up bitcoin? no 100 others will replace them and start contributing in their place, the source is visible to all of us after all.

But then it is difficult for folks who know nothing about programming and the likes to identify a good coin from a bad one just by reading the white paper, because the paper contains lots of technical terms that are hard to understand. :-\

i think its because the price of bitcoin that going to go high and altcoin can not get rise and its normal. after the price of bitcoin stable, then its altcoin turn to raise the price following the price of bitcoin so lets we wait for a moment.

Do you have any examples in mind?

I would guess that most are unique when released, then slowly become overwhelmed by clones and then newer faster, better alts.  Alts are basically a big pump and dump scheme anyway. That isn't to say that some of them aren't good projects, but one people are done pumping them and dumping them for profit, the interest in them slowly fades away.

I agree with you, some good altcoins fail to pump right aways for
the possible reasons that they are still developing their system.
Or the possible reasons that it keeps not to high because of the
volatility price of bitcoin. When the bitcoin price seems high the altcoins
been goes down. So, no worries just hold the coins as long you bought
it at wiser price.

A coin can be take over because crypto currency is open source and any one or any group can run it but what causes it to collapse is due to the dev's failure to transfer ownership and allow holders to take part in the development ,once the dev goes out no body will take over.

I think Earthcoin looks good.  They set up a huge network at one time, as can be seen in the merchants section of their website.
You can still mine it and there is a decent marketcap still for it.

a coin that failed was obviously not a good coin becasue a good coin means it should withstand all the things that you throw at it.

look at bitcoin for example. with all the things thrown at it with all the attacks, all the FUD and lies it has been standing strong because it is a good coin to begin with.

As far as my trading experience , altcoin are more risky rather than bitcoin that's why I'm invest on bitcoin especially bitcoin value got increase recently ( meanwhile altcoin got decrease )

* Just loss - BTC 0.05 on Doge recently  :(

because they have all tiny marketcap and too much premine, every coin with too much premine or high number of coin in the end of the few will fail nowadays, so do not compare it with bitcoin, it's not the same

Thanks for the interesting responses.  To clarify, I know there are a lot of bad altcoins.  I was asking why good (as far as we can tell) altcoins fail, and I think there are a few examples of that.  However, since there are not "boards" like in a corporation set up or even a consensual rule that altcoins should have a board addressable by the public, it's hard to know who these people are what their motives are.  It would be good to know the "good" coins that have devs that are able to communicate on a weekly or even daily basis like most normal folks can.

easier money.
a few months of work+premine/instamine = dump and move to another project.

it's sad tho, i've seen good projects dying for no reason(beside the one above).

Yeah i agree with this and i think also for low support and low marketing or promotion that is why  they are always fail to get more investors in their project.. right now if they are get it viral it they can push good like ethereum before because of marketing strategy and promises they are attracting people and investors to invest in their project.. before i heard ethereum in many forums and advertisement. so i think marketing is one of their needs because in some people or crypto holders are in other forum not only here in our forum..

Not sure the answer is in more investors as sweat equity is provided by miners and people who believe in the ideas behind the coin, like Earth coin might have had.  Sweat equity can do the programming, websites, and so on.  This is going on right now with Pascalcoin.  I don't know what the history is with the ICO and investment history of Earthcoin. 

You're kidding, right? EAC was a pump & dump scheme from the start and its currently not being dumped, because majority of the coin is controlled by the Chinese. Let (for example) Poloniex list it and see what happens. Its market cap will drop from $1,24Mn to 0 faster than a bullet shot against a wall. Charts are not lying:

https://i.imgur.com/wsfyEWS.png

I am not kidding and don't want to be accused of giving credence to a pump and dump.  Just raising the question.  It's one coin you can mine on all the existing low end ASICs and make something that looks like a profit if the coin goes up a little in value.  Did the Chinese also create all these merchant websites?  Surely, someone was sincerely interested in this coin at one point http://getearthcoin.com/business-and-trade
When I see that, I really worry about the people at the top who are in control of the website, etc.  It's harder to do things in the world than people generally know.  I would more likely give someone the credit of simply caving from pressure than actually being a scammer, when the
background of the coin looks this good. 

a profitable coin isn't a good coin, only because you can make profit mining with it, not mean that is a good project, and marketcap being high also is not a synonymous of having a good coin, a good coin is simply a coin that can be used other than pump and dump, like bitcoin which can be used to buy stuff

most of the alt coin couldn't develop because it was lack of interest and to be honest there are too many alt coin that being created without a solid foundation, why should a user used your coin if your coin doesn't has any extra advantage or extra feature than other coin? if your coin got extra things that other coins don't have then you need to push your advertisement to let people know it

at some point probably many devs realize that their time spent supporting/developing the coin doesn't pays of

They should agree to be bought out then, at the price the market will bear.

but who wants to buy a bunch of overvalued shitcoins that technically delivers nothing. if the price is crashing and there is no trading volume and buy support, we can easily say that, that coins is dead/dying.

Well, like Namecoin and others lesser, like Earthcoin, someone might want them.

That's true, take a look at Litecoin, people who bought it a few years ago are having terrible losses, if they did not sell it half way. Perhaps the alts market is very hype-driven.

Because what you consider as "good altcoins" are either scams or that there really is no need for them and they are all riding their own hype by taking advantage of the economic law of supply and demand, and the typical altcoiner's gullability and ignorance. The demand part is fake because, as mentioned it is derived from hype. The supply part is created out of think air just like in the case of ICO tokens and proof of stake coins.

To the main question, quite simply because they are not actually any good.

There are way, waaaay too many altcoins on the market.  No one is ever going to want/need/use most of them.  New ones keep getting pumped out with no purpose, much less advantage over existing coins.  Seriously, who's going to spend trump coin?  Or any of the zillions of shitcoins that you see on Yobit and other exchanges?

It's bitcoin or bust.  Maybe Dash & DOGE.  The others can go gargle a sausage.

many unncessery pump and perhaps project is hard to achieve

It's funny, there are hundreds of coins, and a lot of them with high market caps, and some like Curecoin and Namecoin that seem to have reason to exist, but you rarely find people defending the reason for them in these kinds of threads.  All the defense is in the announcement threads by the amount of energy keeping them going.   The only reason an altcoin needs for existence is sincere people wanting it to succeed for some reason, like Dash, Doge, Ethereum, Monero, there doesn't need to be some cosmic written-in-stone absolute worth of its existence except if people want it there.  Yes there are a lot of scams and naive teams but all the FUD in the world doesn't seem like it will slow all of them down. I understand the reason to focus on BTC alone, the rest seem unstable and a good way to lose money.  But the creativity and sense of ownership for the small teams of people that are sincere shouldn't be looked down on, especially if it creates income and employment.  If foolish people lose their money, they would probably lose it some other way anyway.  No sense in blaming the idea of altcoins in general.

I can totally agree with your last sentence. i remember when back in Q1 2015 people started to blame altcoins in general, and since then even more crying babies appeard around here.
IMO if you are dumb or retarded you just easily can profit or benefit from a lot of altcoins.
1. First of all if you are a miner and you bought strong mining equipment, new coins are a MUST for you, since just imagine if 1-2 new coins would appear in a month. The cost of your mining equipment would never break-even.
2. If you are a trader you just need to catch the good entry and exit point and not blame the dev if you was dumb enough BUY HIGH, SELL LOW.
3. If you are a crypto-enthuasist is the heaven for you :D

Yes your right!, it is very hard for the people here in bitcoin world who don't have any idea in the programming technology,  Or sometimes the developer who made the coins is running away and take all the collected coins with the big amount of bitcoins. In the end their investors will become a victim of scam.

I also habe that fustrstion. You follow a Dev for a very long time and then they just give up and leave or the Dev stays for some time and leaves and the coin is not doing well bit getting better and he will only leave and not return and we hold onto a worthless coon when the Dev dumps of he is a scammer after he runs.

Its hard to predict what coins will catch on and which will not.

Burst for example, is a great project with a fully-developed GUI wallet that incorporates mining right into the wallet.
They also have some really cool ideas like an "asset exchange" where you can buy stock (basically) in a project and share in the profits that are returned.
But, the price remains low, lower than other coins that I would say are total garbage.
Will Burst become more popular? Only time will tell.

OK, shill, please stop.

The question you should be asking is "Is Burst a good altcoin?". The answer to that usually is no. 99.9% of them are not good and they are mostly scams to make bitcoins from. In another post I said that altcoiners are really closet bitcoiners because they convert everything to bitcoin eventually. Many of them do not even withdraw their altcoins from the exchange.

IMHO the biggest problem is that I can't deal with too many coins at the same time, they could have interesting features I can try to use them, but most of times I get "tired" and I forget the coins (and the money stored in that from faucets). Most of my altcoin earnings are under "papperwallets" which are stored on my PC.

alot of good (not in it for the fiat) crypto devs keep to themselves and do little promotion, however the scamcoin types are conman types and as such promote alot.

as they say when it comes to advertising all advertising is good advertising, so alot of talk about scamcoins (even negative) promotes them.

often great coin communities keep to themselves and seem to be mainly preaching to the converted.

Well, nothing is forever. You cant expect a good altcoin will at steady in rising. Even bitcoin we experience that. Sometimes its temporary and sometimes it takes a long time to recover. Also we experience failing because of bugs on the system which makes panicked and forced us to sell those altcoins because we dont want to lose more.

A good shitcoin is as rare as a conversation on this forum. Threads are usually just a list of folks opinions rather than valid argument. Anyhow, here is my opinion on what makes a good Altcoin.

The Devs need to get paid in USD or BTC.
Devs usually get paid in the shitcoin they are producing so not only do they have to dump it to get real money to live on, they have to sing its praises regardless whether they believe in it or not.
We have all had jobs involved in products or services that we have no real faith in but, we have to keep quiet about it all because we need to make a living. I once had a job making icecream and I don't even like icecream. I just thank God that they didn't pay me in the retched stuff. I would have had to go selling it after work to get real money. So if the Devs got paid in USD or BTC, they wouldn't have to promote it as falsely as they do.

Also, you need people to "big up" your coin.  It's better if you own a media outlet or a forum to do this.  Vitalik owned Bitcoin Magazine so it was easy to make positive reviews on his Ethereum. You have to spend far more time, money and resources on PR and advertising than you do on developing. You need to create loads of hype before you even release the coin.

Then you need a private slack channel so you can conspire with the exchange owners to put up false buy/sell walls in the market depth when needed.  

Finally, you need a bunch of people that think they will be rich if they hold on to it for long enough (sadly that's the easiest bit).

This is what you need for a good altcoin but remember, Devs only make money at the start unless you stick a 40% tax on the mining for the first 4 years.

I believe that the devs, forum owners, exchanges and media people are all in it together and as soon as the income starts to fail, they put out another shitcoin. This is why we have so many!


Edit: Oh I nearly forgot, a good gimmick helps.  What about something like PizzagateCoin? All good darknet pedo sites will be accepting it as payment.

let me just stop you there.
this is the problem with altcoins in my opinion, the devs are looking for making money or worse to live off of the money they earn from developing their coin!

so when your goal becomes earning money first then developing you end up earning a lot if you are paid with your own altcoin and hype pump it to dump and make money.

Satoshi was never thinking about making money from bitcoin and those coins he mined are still un-touched and look at where bitcoin is today.

100% agree.

i think its lost on most people on this forum what the whole point of developing an alternative to fiat p2p currency is in the first place.

like i've said 1 million times before; "whats the point in creating an alternative to the greedy banks fiat if we ourselves become the greedy bankers."

making a profitable system for the devs, well then why would we even bother converting from fiat  ???

you know the world doesn't really need more paypals  ::)

Are there any real valuable alts ?

Almost of them are just copied and just have something fancy for pumping.

It is bubble in my view.


This madness for making money from ICO and alt will cause cold season of whole cryptocurreny world.

It is same with 2014 year.


From wan.

They could change the name. It might be a good coin. I have never looked at it, and I've looked at a lot of coins. I found this claim on the website which I find hard to believe.


If that is true then I agree it is way too cheap IMHO

Sorry, but your missing the point, starting a 'greedy bank' is beyond the capabilities of everyone, but being an alt dev is open to many. Greedy alt coin devs can come and go forever, and the barriers to entry are miniscule. Please don't say that silly phrase 1000001 times, just accept that greedy bankers have a strangle hold on the world and we use them even though we know they are greedy bastards, because our paychecks and legal tender laws require it. Greedy alt devs face competition and can die all the time, so it's entirely differen to banks which are protected. Get another catch phrase that actually has intellectual content.

Maybe because most of them are just copies or clone of the already established and globally accepted coins like bitcoin for instance and because of bitcoins wide acceptance and being more popular it has advantage over other altcoins and that's why those altcoins fail

well there are some altcoins that are not just copy and paste of another code and they actually have come up with newer concepts and added newer feature. not saying those aren't getting pump and dumped but there are some valuable development here and there.

for example you can not deny the features monero is offering, whether it is pump and dump or failure or success those features are good.

yes and you don't enhance your intellectual argument by trying to insult people with a different point of view ;)

you're like saying a murderers done nothing wrong and comparing them to a genocidal dictator as your reasoning.

I can say it was rebranding of the coin, too many the coin based on zero knowledge right now. I may think if you are right about they wasn't copying and paste the code but giving a little change for their source code.
Their concept has based on the speculation even their intention was coming from fill up the lack tech of bitcoin and put them into the alt.
http://www.coindesk.com/why-you-should-beware-the-altcoin-rebrand/

because of more and more alts are keeps on showing and introducing new things but since bitcoin really working well its hard for them being adopted i personally think that alts only can move forward if there's a particular offer that btc can't done.

In my assessment and observation some of the altcoins are not transparent to their investors they just hyped them then they will show good standing for a couple of weeks after that they run away, or sometimes the developer is scammer unknowingly, or lack of team work and group effort. That's what I've been thinking about it.

You're WRONG! This is my entire concept for an altcoin from the start. If people involved in coin development are paid with the coin itself, then you have a team. If you pay them with BTC (for example), you have mercenaries. There are a lot of people making money from shitcoins (developing, graphics, signatures, promotions, giveaways etc...) and those are the people who mostly doesn't care about its future as long they are getting paid. In my view, an altcoin (or whatever asset/token is) should be like a company in which you have a specific share. People forgot what cryptocurrencies are. If this is a fiat-digital currencies war, then why one should demand getting paid in fiat (because BTC can be considered as a fiat - it's easiest to convert it to fiat)? I'll give you an example with FAILCoin. Currently we are a team with people from Bulgaria (2), England (2), Netherlands, Indonesia, South Korea, India, Russia, Cyprus, Thailand, France and recently - Slovenia(2). NO ONE have received a single satoshi for what he's done and what he's about to do in future, when our hard fork is ready. And do you know what else? If I decide to travel to (you name one of these countries), I'll be accepted as a guest and a friend. Same goes to everyone else in the team. THAT is how it has to be done!   

It's about acceptance a community that supports a coin and being opensource, and the initially devs not taking ridiculous amounts when the coin just launched. If a alt coin is a good one it wouldn't fail, when it fails it wasn't a good one.

And some coins are designed and supported to not last that very long. If there's no way to spend the coin and it's just on a exchange and nothing more, there is no mainstream use of it and it will never get widely accepted and slowly die.

I think one reason is funding, when a developer is too honest, and decided to work on a project without collecting any premines or ICO's for his project and just rely on the donation of the community, this will likely happen, fund got depleted and the developer need to work and focus on it to keep himself alive.  Besides no one cares if the developer drink or eat, they are just interested in their own profit.

I agree with every word you just wrote. It's those people who create shitcoins without any purpose and then they dump it on innocent newbies and then they develop another coin and this keeps going.

I think most of the new altcoins created just to earn on pump and dump strategy so no wonder they disappear afterwards. So the team you are talking about probably decides to give up midway because they already earned what they wanted.

Of course not all of them are like this. There are at least several established altcoins such as Dash, Dogecoin, Ethereum, Litecoin, Monero and some others.

The project needs to be well planned out and the objective needs to be clearly communicated to the target market. Also, patience and persistence keep the momentum behind new projects and ICOs. :)

they might have predicted that the project atlcoin they run to lose and will create some problems, so they decided to stop. Well, competition is one of these factors, and perhaps they feel they make altcoin project will not last long faced tough competition in the world cryptocurrency

What a joke that is....

They fail because a few reasons, they might haven't development purpose or just a copy of other projects.
They might have bad marketing or they failed to gain community trust.
They launch in unsuitable time, like now, there are a lot of running ICOs in the same time.

There are a lot of reasons, financial and coding, it's safety and one of them is good marketing.
One time litecoin was popular in altcoins, than dogecoin, than appear dash, etherium - which had a good success but so much hard forks from their side caused less trust and it = less popularity.
If altcoin is good at the begining and then there'll appear some wrong things or it isn't much profitable anymore, than they fall.

It's because devs make no money from PoW mined coins! It's as simple as that.

Bitcoin succeeded because of the idea. Etheruem succeeded because it ran an ICO. I'm not sure why everyone hates on ICOs. Instead of buying a miner and mining PoW coins, go buy ICOs and/or buy PoS coins and stake them. Either way you are paying a lot of money to get into a coin. Instead of wasting money on PoW give the money to the dev and see what they can do. ICOs are the best.

Good Altcoins mean they are still existing nowadays because they could able to withstand past problems that occur on their career.Actually there are lots of factors which really affects a particular coin  which causes for them to fail like on security matter,funds and marketing stuffs because no matter how good a coin it is if people would not tend to use it then its still useless.There are still coins which fall but still they are forcing to stand up again.

If the dev team are not honest and just want to scam people,they will just use the coin to collect funds then run away,but if they are transparent they will continue developing more projects for that coin until the price increase.

If yu want my opinion..a good coin should be exchanged by users..more users more liquidity otherwise dumpers will kill the coin..to avoid this..the best is that coin be supported by fiat or gold or silver and burned after the exchange (like teter, dgx, nubit)..like that no dumping..the price will regulate automatically.

but the problem that arises in this case is centralization..so cryptos aren't stable because they are submitted at the market économie..the world is in process to crashing because of that..how do yu want that a crypto which copy this modele can escape.

The good coins should be useful. You can buy things with it. When you want to sell it, you should find a buyer easily.

yes if yu haven't need of one thing..yu will not buy it or use it..alts coin doesn't escape the rule.

The altcoin community got too decentralized. There is no cohesion between projects. Instead different altcoins see eachother as competitors in a tough world full of deception and often hatred.
All the fake ICO's and IPO's have damaged reputation of the good projects because now the good belong to the list of so called "shitcoins". That wasn't the case 2 years ago.

There are many times that this happened those devs are just getting some investors just to make their development get a lot of investments. But in the end, when they are able to collect a lot for their ICO. It comes to an end already and they are becoming gone and their development ends there when they have their bitcoins investments already in their hands.

maybe people are now smarter in choosing altcoin which not only gives an advantage in a short time or make altcoin only for profit and is not responsible

There are lots of coins and exchanges that any body can keep track off.
This is toxic to the crypto currencies as a whole.

Oh brother, what sort of idiotic analogy is that? I'm sick of guys like you with terrible track records at forecasting anything in this space giving preachy BS one liners that don't make sense. Bringing up murderers and dictators ... what relevance do they have ?

Let me spell it out for you, you need to compare ecosystems, not individuals. Even in a healthy ecosystem there will be bad actors, but compared to a toxic rigged ecosystem it's infinetly better. So your statement 'whats the point of creating an alternative to greedy banks if alt coin devs are greedy' totally misses the essence of the ecosystem that exists, and how superior it is to modern fiat banking. You should study some evolutionary biology, do you really think the success or otherwise of crypto rests on morality? The whole point is to setup an ecosystem where things like trust and greed don't make a difference, the ecosystem is healthy and continually evolves without the need for your moral sermons. Greedy bankers exist because their ecosystem is rigged, greedy alt coin devs face a struggle for survival, and competition from honest devs with good intentions makes their survival hard. Cockroaches, rats, feral cats, cane toads, rabbits, etc all exist in nature, their existence isn't a problem, it's what happens when they exist in an ecosystem that's been compromised and degraded.

altcoins fail becasue nobody knows how to promote them outside the community. Lack of money. Thats why. Nothing to do with features.

What altcoins do you have on mind exactly? What project was so good and got cancelled prematurely? Do you honestly think that if coin is good it will be shut down just like that?
There is always a reason behind it - either developer is untrustworthy (PayCoin) goals of the coin was set a bit to high (SpaceBit) or code of the coin is terrible (The DAO).

Marketing and promotion is the most important thing. I think this is because developers can't wait to immediately benefit. When thrown into the market, then there is a system or a rudimentary gap so as to make these coins are not attractive to investors. Another important factor is the manipulation of market prices in unnatural, so people just take advantage of instantaneous do not want to hold for long term.

Agree,if a particular coin wont emphasize or give importance regarding to its marketing and promotion then it will destined to fail on midway,as you said most developers cant really wait and they rush up to make benefits that's why.Investors and big whales could not able to see a particular coin if the awareness or appearance on public is quiet small compared to others.

About promising altcoins falling in value is due to developers ditching them for bitcoin or promoters cashing out. Sometime it may be the whales cashing out before getting into other coins. Can't say for sure.

This is what I think. But I think the main problem people outside the community are not interested is because it´s not simple enough to use. Someone should make their altcoin as simple to use as apple products.

Does it mean the ZCash Classic will fail? It seems it does not have a good plan to support the further development.

also alts doesn't must be confused, because it exist many project wich not have vocation to serve exchange money..like asset or reserve of value..i think alts which have a futur are those which bring a interest common at the crypto sphere..others are just P&D

Becouse no big community!

It is more of human psychology, the believe that Bitcoin has negative correlation with most Altcoin is the cause and again the stop loss but on exchange is also responsible because once that limit is reached the sell order will be activated which will make it looks like a dump especially in low volume Altcoin

You have to ask yourself or we have to ask ourselves what is our motivation for supporting an altcoin? If "failure" is judged by the coin's value against btc or fiat,then surely we've placed profit as prime motivation.

Take the case of doge and its unhappy campers who think it's a failure or will be one.

On the other hand its hardcore community still use it for its original fun, non-serious and even charitable aims. Failure? Not by a long shot.

This is one reason on which it has less community compared to bitcoin thats why they commonly failed especially if the interest is absent on a particular coin just like what coin you promote as i saw on your signature showing LEOcoin its just a total trash and with less support from people and lots of negative feedbacks it will surely fail no questions asked.

I think its because of the unstable value of bitcoin,they aren't go with the changing value, even though they coin want to be discovered and be popular in the world of cryptocurrency still they are can't go with the flow, so many coins have been fails to arise and many coin devs left there coins because of lack of interest and even because the insufficient fund to keep their coins alive.

Altcoins are similar to any other product so why an altcoin fails, lack of support, lack of development, not enough investment, sloppy management of resources human monetary, lack of marketing or a bad marketing campaign and that is just the beginning.

Good altcoin never fail, the scam dev failed them.

That is right. I think the ETH and ZEC will not fail.

I think bitcoin has good correlation with altcoin. we are depending on altcoin for bitcoin. some time when we realize that an altcoin can give us good profit we transfer our bitcoin to altcoin for making some profit, while we need we again transfer our investment from altcoin into bitcoin again.

 guess that was just a normal thing in the market the price will go up and time from time to time but sometime the increasing price rate was really fast and also the bitcoin price is really increasing rapidly from time to time so i guess that a big thing about the rate of the altcoins in the market.

"why good project do fail..and coin not value ?"

It is enough to pose the problem in reverse..what doing project of value..the price coins or the service offers.

the true question is what do yu expect from a coin ?

-rentability

-trust

-exchange

-collector

in knowing this..yu will redirect to the coin wich yu look like..i was pro bitcoin..i sell my bitcoin because this project doesn't more look like me

I think that's normal on the market, For example, shares of a company Stock companies sometimes also experience up and down prices.

For me a real coin is legit if it has some crowd funding or it has a team that spent high amounts just to start a project and patience until you can recover what you spent on the project. Because there is no shortcut to everything, you must invest first and look on different terms and gather a good and trusted members for it to be successful.

I think a good coin can also fail the same as a stock in a company at any time can fail. It is not denied that any coins that might be a good initial period could fail if the public lacks confidence in the coin.

Definitely,whenever bitcoin rally occurs,altcoins price starts to fall.Now we all know that bitcoin price is increasing in rocket speed.Whatever potential the altcoin may have,but it suffers when bitcoin price rises.Its the reality as far as altcoin market is considered.

I have to agree with a lot of what was said above....momentum is a big thing. When a rally happens, it catches the attention of thousands maybe millions of people...you have to capitalize on that "15 minutes" otherwise you will go back to being a nobody!

So marketing is key. Good governance. Good community....

If you have those things, that's some good recipe for success. It doesn't always lead to huge rise in price coin, but over time, it does get recognized

What are those good altcoins?

Maybe they given up believing together with other alt coins who have reached so far that they can’t keep up the competition nor they have any ideas to develop to gain more investors. Then they have decided to stop wasting their time and realized that they are just keeping a front image.