Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ozanec123 on September 16, 2017, 02:33:48 PM



Title: Altcoins are a joke, only bitcoin matters!
Post by: ozanec123 on September 16, 2017, 02:33:48 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: lakimens on September 16, 2017, 02:38:01 PM
Try ARK, look at it's charts. There's more, but that's the one on my mind right now.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: europesss on September 16, 2017, 02:45:33 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
BTC needs competitors to make it grow , otherwise you can't see a better btc. That's the key of altcoins. I believe in that someday there will be some altcoins better than BTC.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: spartak_t on September 16, 2017, 03:05:38 PM
EURO, GBP and CHF are a joke. We only need "the mighty" $.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: AleSergio on September 16, 2017, 03:07:01 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
At first you were looking on a price of USD, because mostly we have pairs like altcoin/btc than ofcourse you have seen a red market for all altcoins. But if you look closer there are lots of projects which have received zero affect, because of such news. For example ARK has grown during this period, also investFeed has gained good volume :) You just need to research...


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: amirsambudi on September 16, 2017, 03:09:04 PM
it is true that all bitcoins are affected by the bitcoin price movement, but the development of the project itself is also important so that they can keep their prices and not fall too deep


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: BTConFire on September 16, 2017, 03:10:36 PM
The price only alters because people panic sell altcoins as well when BTC price flinches. Altcoins are easier to mine, some are easier to gamble with, some can be traded fast, some keeps anonymity, some are secure. Those altcoins with a lot of balance and stability won't even budge with a small change in BTC value. However, the recent China's acts made some force sell all their online worth of cryptocurrencies. I guess that brought down the market price of several coins. There are a handful of coins like ARK, XMR and ETH which won't fail you.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: styca on September 16, 2017, 03:20:23 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

A big part of the answer is trading pairs - moving between fiat and alts generally involves going via bitcoin. Another big part is that we are (still) in quite early days of crypto, and bitcoin is hugely dominant. Which in turn is a reason for the btc/alt trading pairs.

I think as the market matures, and as trading becomes easier and a lot of the projects become embedded in everyday life, then alts will begin to decouple from bitcoin.

But it's not a 100% match at the moment anyway. Coins do rise and fall for good reasons of their own; it's just that this is not always noticeable because it is swamped by the bitcoin effect. If a coin rises $1 because of good progress with the project, and simultaneously falls $4 because bitcoin is tanking, then you don't see the split - you just see the $3 overall drop, and (rough) correlation with bitcoin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Carlsen on September 16, 2017, 03:25:52 PM
Bitcoin and the altcoins do not develope 100% equally.
When you look closer you will see that the alts had a bigger amplitude than bitcoin had. That can be used by the traders to make some extra percent of money.
And then you have to think that this time the whole market of crypto currencies was hit. That does not happen always.
Often you hear good/bad news about just a single coin. Then that one coin behaves completely different than the market.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Gecko8 on September 16, 2017, 03:37:31 PM
Agree, it is dominated by Bitcoin, but actually it also depends on company itself, which sits behind the altcoin. During the dump itself I had identified an interesting pattern. Obvoiusly POS coin stayed a bit more stable than other altcoins. Probably because most are staking and do not move back and forwards their funds.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: SchlaWinner on September 16, 2017, 03:43:52 PM
Just because the market is dominated by BTC and (almost) all altcoin charts look similar to btc, that shouldnt mean that altcoins are a joke...

Either you believe in a project and invest long-term or if youre a trader - some coins act more volatile than others esp in respect to btc crashing.. look at okcash for example - from ,00010 back to ,00018 while btc recovered by around 25% (or well as of now, 20%)

So long-term investors went back to were the coin started before btc went down.. and traders couldve jumped in at its low and made 3x the %-gain btc got


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: minbosen on September 16, 2017, 03:51:17 PM

I think the btc looks like the USD and other altcoins are similar to the CNY, CHF and so on, of course you can hold btc as a long term investment, but you can also have some altcoins to make great profit.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Beta-coiner on September 16, 2017, 03:55:09 PM
That is because many may have traded using BTC to alt-coin for their value. If BTC is seen as decreasing the individual would rather sell alt-coin at a loss rather than stay with something that is not well established as BTC. Been around here since 2011, nothing has changed.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Justaguy2 on September 16, 2017, 03:56:37 PM
I think it is narrowminded to state that BTC is the only good coin out there.

/remind you in 10 years


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: vithancodai on September 16, 2017, 04:03:34 PM
when bitcoin going down, i see every altcoin going down ,too, and

today bitcoin rise up and every altcoin rise up ,too . because bitcoin a main cyptocurrencies .

we want trade , we must have bitcoin first .


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: FrueGreads on September 16, 2017, 04:05:46 PM
That is not entirely correct, some altcoins have their unique value, and try to help solve some problem they identify in the world. Take a look to TenX, Monaco and Centra, all trying to make crypto easier to use in the real world, by using the already well spread Visa and MasterCard infrastructure. Centra will even create a decentralized amazon like service. Of course that if their aim is to facilitate the use of crytpo, and the value of coins go down, they also get affected, because they have no business without crypto.

But there are many other altcoins and ICOs that have their own use. Even as pure trade tools they have it's use, but you need to be lucky to know which one gets a pump. Yesterday I saw Nav Coin and CloackCoin rising 41%, way more than BTC or any other alts. You would had some great profits if you had invested in them.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: madbyte on September 16, 2017, 04:14:26 PM
Bitcoin matters but the altcoins give bitcoin even more value. With the many uses of 100s of altcoins the crypto is an unstoppable train. If it was only bitcoin I think this industry would not be going anywhere. The exchanges would not be here and all the other things growing up around altcoins. More power to altcoins to make bitcoin the new gold standard.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Cling18 on September 16, 2017, 04:19:52 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
BTC needs competitors to make it grow , otherwise you can't see a better btc. That's the key of altcoins. I believe in that someday there will be some altcoins better than BTC.

I totally agree with this. Bitcoin needs competition so there would be people who could choose where to invest. Some people earned a lot because of trading from bitcoin to altcoins and vice versa. It would be dull if we only have bitcoin. There would be no sense in trading.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: donotlean on September 16, 2017, 04:27:02 PM
Because bitcoin is main coin.The other coins trade and changes by bitcoin.One friend compare bitcoin adn USD its so true i congrute him.In the real world oil,gold everything buying by USD.All countries banks reserves USD.You can imagine btc likes USD in this area


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: YYmeans on September 16, 2017, 04:30:02 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
I totally can't agree with you , some good altcoins like ETH are good, it has the potential to take up the place of BTC, time will tell.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: PANK21 on September 16, 2017, 04:31:09 PM
In my opinion , altcoins are important also for those who seeks bitcoin . The price of a coin is unpredictable, it means it varies everytime . Bitcoin is the in demand coin now so if the bitcoin rises , so does the exchange value of the altcoin.  If these depressed you a lot then dont think about it , just go with the flow.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: banake on September 16, 2017, 04:43:31 PM
Altocin(ICO) are trying to DECENTRALIZED world.
Future technology is block chain.
Some of ICO will be very sucessfully


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Jafri101 on September 16, 2017, 04:53:57 PM
There are many altcoins which got higher volumes then bitcoins. Bitcoin has the advantage that mostly you can exchange altcoins with bitcoins and viceversa. If you go through the market rates of altcoins then you would prefer trading in altcoins because they can even help you to buy bitcoins giving you huge profits. So altcoins existance cant be denied.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: The Sceptical Chymist on September 16, 2017, 05:02:20 PM
Agree, it is dominated by Bitcoin, but actually it also depends on company itself, which sits behind the altcoin. During the dump itself I had identified an interesting pattern. Obvoiusly POS coin stayed a bit more stable than other altcoins. Probably because most are staking and do not move back and forwards their funds.
It doesn't depend on "the company".

There are some good ones, like doge & dash, and I realize a lot of people would disagree.  If you're using crypto as a currency, though, wouldn't you rather have the quick confirmation time and low fees of a coin like doge? It makes sense. But bitcoin has the brand name and the loyal following that other coins don't.  Maybe if crypto gets mainstream, people will start using something besides bitcoin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: mrayazgul on September 16, 2017, 06:54:36 PM
Finally somebody that recognizes the truth. Of course the fact is that without these other coins then people wouldn't have as much use Bitcoin as an intermediary Source between one and the other. Most people use Bitcoin as a holding commodity while buying these other coins and that's something that would go down drastically if we took the other coins away.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: irmasany on September 16, 2017, 07:02:33 PM

error not on altcoin. but at your own option.
some days yesterday was a very bad day. much decrease from crypto.
I also feel the impact.
but regarding the value of the other allcoin I think it will be long enough to rise and stabilize again.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: shtako on September 16, 2017, 07:09:51 PM
It is true that bitcoin is the only one that really matters. And altcoins exist mainly as a way for people to acquire more bitcoin. And most altcoins are pure scams. If bitcoin fails the whole ecosystem would problably fail.

But even if bitcoin is the king, there is a lot of use cases for other coins. Monero or other anonymous coins will definatly be a big deal. The problem with alt coins is that there are to many scams.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Lancusters on September 16, 2017, 07:16:52 PM
You are right. General trends exist, but look at it from the other side. If bitcoin would be a bubble or will split for a few more parts then its credibility will go to zero. The existence of altcoins can help you to save your money and will not allow bitcoin to dictate prices in the market. Competition is always good. The main thing is not to miscalculate with a choice.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: vastmast on September 16, 2017, 07:54:01 PM
You are right. Bitcoin is father. Alts are just kids and babys and they won't grow up


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: QuaterSquare on September 16, 2017, 08:07:33 PM
Every Coin is dependent on Bitcoin because they use its value as "Moneybackup" but it has alot of amazing other Projects out there, so i dont think it is the only one who matters.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: ePesoInitiative on September 16, 2017, 08:10:24 PM
Bitcoin is obviously the dominant crypto. Why? Because it was the first and being first means most infrastructure gravitate to it. That's why it commands the most volume and exchanges pegged other coins to it. But it doesnt mean it will be forever. Only love is.  ;D


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: vectisitch on September 16, 2017, 08:52:22 PM
altcoins are a means to buy and hold bitcoin,so no they are not a joke. a few alts are worth holding from now and i think the anonymous ones are going to take over. i'm in on Deeponion as it's quite new and stands a great chance of going high


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: FiiNALiZE on September 16, 2017, 09:01:11 PM
altcoins are a means to buy and hold bitcoin,so no they are not a joke. a few alts are worth holding from now and i think the anonymous ones are going to take over. i'm in on Deeponion as it's quite new and stands a great chance of going high
Some coins are worth holding and some coins don’t have what it takes to get any higher within 9 months or so then the coin gets a very large pump that allows anyone to sell it if that person spent some coins then that person would keep some for later.
DeepOnion is the only one that I know of that’s popular and the people that want that coin to survive with the other Altcoins have more tries to get their projects to a higher point in the careers.
Their campaign is well worth joining, I want to join that once it settles down some.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: KikloV on September 16, 2017, 10:03:55 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

Bitcoin only true utility at the moment is the fact, it is the primary way most people purchase or sell Alt coins.
Without the altcoin markets , bitcoin has already lost the micro payments utility and it's fees are so high it lost utility as a money transmission.
And the BTC so called stored of value utility, is proven to be a stupid concept in regards to a virtual currency.

Altcoins main trading pair is all BTC really has left.
Now that is the funny joke.  :D


 8)


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Tiennou74 on September 16, 2017, 10:13:33 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

Altcoins are really unpredictable investment but some time i got good profit but most of the time i lost money so i think it's better to invest in bitcoin and keep in your wallet it will give you good profit finally

Thanks
Regards



Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: romani245 on September 16, 2017, 10:14:59 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead?

For one thing, altcoins can have a significant effect on Bitcoin's development path, and therefore its price. If not for Vertcoin and Litecoin activating Segwit -- showing that it was safe in the context of real money (not just testnet) -- I think Segwit may never have been activated on Bitcoin. And I think market certainty around Segwit is why we saw such a beautiful rally to $5,000. Now we can thank China for putting a cap on that. :P

The other thing is that altcoins can see much higher gains than BTC. Sometimes they correlate to BTC (usually), sometimes they don't, but the prospective gains and losses are often similar to using high margin for BTC/fiat trading. Altcoins have more volatility, which can mean massive gains. Good for small fish who want to go YOLO long and risk it all rather than buying and holding a few bitcents with their meager investment capital.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: nasibakar on September 16, 2017, 10:22:31 PM
We need more backbone,
Cryptoland ll be better using more pairing coin.

I choose Altcoin for its tech specs, not really care its price,
XSPEC a bit resistance to price, Dash is about similar. In general FUD leads the price.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: KluFf on September 17, 2017, 01:14:46 AM
learn to analyze Altcoin. you cant depend only on BTC. because
its still risky.  sometimes it is good to Put some coin in 1$ below price Altcoin because
it doesn't affect the price much when it go down


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: MadMac on September 17, 2017, 05:20:48 AM
Not really an Altcoin, but you could have purchased Ripple which usuallly does not follow the BTC trend directly. Certainly affected, but the impact is lower


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: michellee on September 17, 2017, 07:02:24 AM
i think every altcoin is helping us to increase our bitcoin because altcoin price is always goes up to following with bitcoin price. but there is any altcoin which is increase no matter bitcoin is down. I think without altcoin, bitcoin can not move up and reach the high price. sometime when our pair in bitcoin-fiat is down, we can still make profit from bitcoin-altcoin especially if we can buy the right altcoins that will lead us to make profit.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: RoommateAgreement on September 17, 2017, 07:19:31 AM
it is not 100% true but you are not all wrong either.

altcoins are mostly moving down with bitcoin and when bitcoin rises they also get dumped too. because mostly people are interested in bitcoin alone. they want profit on bitcoin and when the bitcoin market becomes exciting they all switch over to that market and leave altcoins in the dust.

but there are still some rare altcoins with some good features. although many of them don't become famous and most altcoins are shit anyways. and as for profit all of them are good investments as long as you invest in them at a good time.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: pendekar cinta on September 17, 2017, 10:31:26 AM
yes it's all true fact but I keep trying to earn income every month although not on the target expected. most importantly we must make the situation to be faced with an unyielding attitude and full of confidence that bitcoin prices will someday increase again.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: redectro on September 17, 2017, 10:35:43 AM
Honestly i think altcoins are great, yes bitcoin is the absolute god of all cryptocurrencies, it always will be because it was grown from bottom to top as the first crypto. Plus, some altcoins come with advantages, some are more secure and have great trading opportunities (Like DeepOnion, XMR and ARK) Each coin on the market is different, the bad ones sink to the bottom. Still, it's great to see some coins with some bo$$ advantages to them! :D


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: SmokerFace on September 17, 2017, 11:05:46 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
BTC needs competitors to make it grow , otherwise you can't see a better btc. That's the key of altcoins. I believe in that someday there will be some altcoins better than BTC.
That's true bitcoin needs an alternate coin or competitor  to make it grow, Because if we will focus only one coin the value of that is very easy to go down and big invest wants many coins to invest to play the market because if we focus on Btc to fiat only the market is not playable.
The other reason why developers make an altcoins to earn more profit so if their altcoin becomes successful they'll earn a huge profit but other developers getting greed and running the moneys of investors due to greediness that's why other countries banning icos because of that


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Aismabbs on September 17, 2017, 11:08:53 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

I think it is not, you just need to know where to invest on the best altcoins. Those who had potentials like ethereum, but me personally I do not buy some altcoins because I know that the possibility of me lessing a money through it was high. I just join in a bounty campaign where I get some altcoins then I sell them. There is no loss even if I get a low money because I do not spend that much in it. I just invest some effort to serve that particular campaign. And yes bitcoins are successful but you can always loss money ig you just rely on buy and sell.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: SUDARMONO on September 17, 2017, 11:31:11 AM
I think choose a good coin coin altcoin in the market bittrex like okcash, kore, ptoy and others who are also potentially quickly experience price increases, with us trading in altcoin we can get multiple benefits, I think we should be patient in trading and read read the news and understand the charts.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: romani245 on September 17, 2017, 09:31:12 PM
Finally somebody that recognizes the truth. Of course the fact is that without these other coins then people wouldn't have as much use Bitcoin as an intermediary Source between one and the other. Most people use Bitcoin as a holding commodity while buying these other coins and that's something that would go down drastically if we took the other coins away.

I trade altcoins the way I trade stocks. If I'm looking at a buy setup for an individual stock, then I always look at the chart of the overall index, to make sure that the market is healthy. No matter how great a stock looks, if a major move downwards happens in the index, your stock will be crushed as well.

The same usually goes for altcoins. In this case, I like to think of BTC as the "index" and altcoins as individual stocks. There are definitely exceptions; sometimes alts can rally in the face of a BTC downtrend. But in general, I think it holds true.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Arkann on September 18, 2017, 04:50:24 AM
Earlier it was vice versa - when bitcoin rose, the altcoyins fell. Now there really is a general tendency for the altoquines to follow the bitcoin course. However, not all altcoyins follow on bitcoin. In addition, it makes sense to buy individual altcoyins, because some promising in the short term give an excellent result, which sometimes exceeds the growth of bitcoin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: ozanec123 on September 22, 2017, 02:18:53 PM
Guys, have you noticed the current bitcoin dominance is 48.6%? Only a few weeks back was 46.6%. The more altcoins appear the bitcoin just increases its dominance instead of losing it.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: slaman29 on September 22, 2017, 02:29:38 PM
Not to mention that a lot of BTC's dominance is eaten away by fake volumes of transactions from alts and ICOs... oh but wait, isn't Bitcoin also full of fake volume from spam transactions? Either way you look at it, alts have helped Bitcoin so much. You want evidence? See Litecoin and Segwit, Lightning Network. I love Bitcoin but don't trash the hard work of alts.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: moataz_ansary on September 22, 2017, 02:34:28 PM
I don't think that all altcoins are a joke
Yes of course that there are alot of shitcoins
But also there are alot of real coins
Ethereum -Ltc and others


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: pedrog on September 22, 2017, 02:38:12 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

You need to put more work into that, if it was that easy we all be zillionaires by now.

Do a lot of research, find good entries, find good projects, plan your exits, then when you win more than you lose you're in the game.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: giveen on September 22, 2017, 02:43:54 PM
The profit really matters the reason alts were created was for people to try finding their luck when they had missed to invest in btc in it's early days. Surely no alt has been able to reach that price and in future I'm sure btc will be in the top but alts still give lot more profit than btc.
What i mean is if you bought 2 btc at $3k at $6k you will double your initial investment while with alt is you invest at $1 and it becomes $2 you still doubled your investment. The above is just a example but btc is becoming to expensive alt always take time to rise btc is falling and rising once it stabilised alts will also rise.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: coinfinder000 on September 22, 2017, 02:46:40 PM
Not all the altcoins are a joke , yes , btc is the best for now . But this is a competition  race , we need some competitors to join in , we can not be sure which will be the best , only time will tell.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Mihaylovic on September 22, 2017, 02:47:59 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

You say this because trend is bearish now. If you were trading on altcoins 4 months ago you would think opposite. Altcoins will start to raise sooner or later. If you already bought, just HODL. You will make profit if you didnt buy a scam coin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: J. Cooper on September 22, 2017, 02:52:22 PM
The reason this happens is happens I because you look at the dollar value. This is one of the major mistakes people make. You need to realize that most altcoins are being traded for bitcoin. Therfore if bitcoin loses usd value the usd value of the altcoins will logically decrease as well. This doesn't mean the btc value of the altcoin decreases.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Hamphser on September 22, 2017, 03:06:10 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
Not all the times and you can able to say that because all of the alts go together with the price of bitcoin that you are holding.Altcoins are not a joke since we can able to make money on them too.There are instances on which prices are not correlated to each other some altcoins go together with the price of bitcoin either rise or down but not all the times alts ride with the flow with bitcoin.You would able to see that there are still some coins which are greens inspite on all coins are on reds together with bitcoin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Vivisector999 on September 22, 2017, 03:24:36 PM
All Cryptocurrencies are based on nothing more than a dream.  BTC and Altcoins together.  There is nothing backing them, and their value has nothing to do with how much has been invested in it's Market Cap.    That alone is just a fictitious number.  So that being said, the prices (value) rise and fall based on stable news/panic.  And when most people see the big guy falling BTC, they sell off their Alt coins as well, which causes the dip in price all over.  Remember with nothing backing the price, WE are the ones that choose the price. 

As an investment though, BTC will for the upcoming future be the big giant.  More stable but not as likely to see a 1000% increase in an hour/day.  Many altcoins (but unfortunately not most) have a reason for being there.  From faster block times, being able to store more in blockchain to things like the basis of Cloud storage.  So don't count them out.  And they may even overtake BTC one day in terms of price and overall usability.   And right now they are volatile investments, which means while not as safe, they do ebb and flow with BTC prices but can see those 1000% daily increases on rare occasions.   


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: ozanec123 on October 09, 2017, 08:28:11 PM
The last time I replied here was about the 48% btc dominance, at this moment it stands at 52.4%. Does anyone has any explanation why the hell this is happening? Everything falls down while BTC is mooning.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Naccamotor on October 09, 2017, 08:40:03 PM
The last time I replied here was about the 48% btc dominance, at this moment it stands at 52.4%. Does anyone has any explanation why the hell this is happening? Everything falls down while BTC is mooning.

This could be because of the fork coming (Bitcoin Gold) in two weeks. People might want to have as much BTC in their wallet as possible since you'll get the same amount in BTG.

Maybe chinese or other (Nepal, Malaysia...) traders are cashing out due to governmental pressure and selling all their alts for BTC.

Maybe people are losing confidence in alt coins.

Maybe some witches cursed the markets.

Maybe....


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: 2Pac on October 10, 2017, 06:20:29 PM
Maybe you are right some useless altcoins are like a joke but 'joke' is not correct definition.
There are many good altcoins which are going to be permanent. But of course as a result bitcoin have a constant place in crypto.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: intrader on October 10, 2017, 06:34:15 PM
Some altcoin really a nice joke that made me a decent profit


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: VanDerWaals on October 10, 2017, 06:40:48 PM
There are some altcoins which can be taken as a joke, some of them are just a copy of others, but there are altcoins with idea and good dev team and this coins have future.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Vatimins on October 10, 2017, 07:29:14 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.


Look man, try and broaden up your mind. Alternative coins were not made to be just a mere competitor of bitcoin. Although it is good for bitcoin to have competition to make it stand out, alternative coins have a wide variety of purposes. While a bunch of them are shitcoins and scams, some really have great platforms that have great potential in helping not just the crypto world but a wide variety of things also. Read more on altcoin whitepapers man. Just try it.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: btcdepo on October 10, 2017, 07:42:16 PM
Alternative coins (I mean successful ones of course) is must have for our crypto world. bitcoin is the mother and they are the children. successful kids is rising family's prestige. We just need more successful alternative projects.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: sealofsun on October 10, 2017, 07:43:47 PM
Of course bitcoin very important but what you think about Eth?


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: cryptodoll on October 10, 2017, 09:19:56 PM
I think some altcoin (ICO coins) follow the rise and drops of bitcoin. However, you need to look at the percentage gains and calculate if it's worth investing. Also, if you buy an alt and the alt rises while btc drops, it's a double win. Alt swing trading is good for short term gains, while btc is a longer term investment.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: danherbias07 on October 10, 2017, 09:22:52 PM
You could always pick your own choice.
If you dont feel anything that is making you to advance more with other currencies then stay with bitcoin.
The other part is some of us have seen the change that is why we support other coins.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: subG on October 10, 2017, 09:29:12 PM
I don't think all altcoins are a joke but the majority of them do seem pointless.  Bitcoin is king and what matters most.  Bitcoin prices can affect the whole market for good or bad.  Bitcoin related news can also affect things, so I would agree that Bitcoin does matter the most and their will never been an altcoin to replace Bitcoin. 


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: atc1-REAL on October 10, 2017, 09:34:16 PM
Not really, altcoins provide a testing ground for new technologies and new types of algorithms for different kind of blockchains. Plus, it levels out the profit making aspect of btc too and lets newer members enter a less saturated market. ALtcoins that are made with literally no changes to an existing one and are mere copycats and which do not contribute to any change in technology are mostly used for pump and dump anyway.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: astrid.uchiha24 on October 10, 2017, 09:35:00 PM
I do not believe on all altcoins do not matter because there are tokens that has a good use, but sadly they are not getting the attention unlike the bitcoin because only value matters after the ICO in my opinion. Ethereum is still kicking by the way, on the other hand there is a lot of talk regarding monetha and waves so not all altcoins do not matter.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Argoo on October 10, 2017, 10:08:27 PM
In general, there was a different tendency earlier. If bitcoin increased in the course, altcoins fell and vice versa. However, now the altkoins really follow the bitcoin. But this does not mean that it will be so constantly. In addition, coins are created not only for trade. They perform a certain positive role in various spheres of the economy, such as banking, healthcare, the services market, and so on, and are all the same useful.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Catalinamixer on October 10, 2017, 10:32:53 PM
Is ETH > BTC? What are thoughts on Tezos - the next ETH??


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: fpex on October 10, 2017, 10:33:47 PM
Is ETH > BTC? What are thoughts on Tezos - the next ETH??

I believe QTUM has great potential, especially once it detaches to its own network.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: MiF on October 10, 2017, 10:35:00 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

Dont be a close minded person, altcoins contributed and helps the success of bitcoin to become more strong and stable. In trading you should be always fair and square in which there is always ups and down in the  market value. Competition is necessary important in trading to make things balance like bitcoin in which altcoins are the considered rivals for the success therefore it will just depend of traders how they will going to apply their skills to make their investments become a success.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Butchick on October 10, 2017, 10:47:17 PM
Well, almost all altcoins maybe affected by btc but not all are going deep down  if btc goes too deep. SOme of which are just slightly affected. Altcoins are significant in challenging btc and somehow influences the ups and downs of its value.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: ZaoXhou on October 10, 2017, 10:47:44 PM
Totally anonymous coins, pos and other innovative algorithm's, asic resistance and many more things.
Doesn't really sound like jokes to me...  ::)


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Wexnident on October 10, 2017, 11:43:10 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
That's definitely untrue. Altcoins are best known for short term investments. Bitcoin indeed, has a much larger markwt value compared to most of altcoins but the rate of the increase on the market value of altcoins is way faster that makes it good for short term investment. ETH and PBT are two good examples. PBT have overtaken the price of Bitcoin lately, while Etherium's value is consistently increasing. And also, altcoins ahas also effect on the value of Bitcoin so it can't be considered as nothing.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: yusuf98 on October 11, 2017, 12:30:05 AM
bitcoin without altcoin less good and rapid development. because bitcoin prices increase due to the many people who transact between BTC and Altcoin. altcoin is a lot of variety and function then we must be more selective and wise in investing using altcoin


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: hua_hui on October 11, 2017, 04:32:01 AM
In the past, maybe what you say can be the truth. The old top 10 coins like namecoin and feathercoin are gone and all are losing values compare to bitcoin. However, this already have not been the case anymore. One good example is ethereum whereby it is recognised by the general and that is why it shot up in price. Even major fiat exchange recognised it and include ethereum in their system like gemini, coinhako etc.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: pey on October 11, 2017, 05:24:54 AM
A altcoin is not dissimilar to bitcoin much. People don't trust bitcoin just because it is the first coin but it is the best, safe and decentralized coin.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: groko271 on October 11, 2017, 05:31:12 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

are you joking? have you literally been here 5 minutes? There's so many threads of johnny-come-lately's bitching about alt coin prices! You dont just blindly hop on a bus not knowing where its going, and hope to get to your destination? Surely you know a little about whats happening right now? or did you just get all FOMO and throw money on an exchange?

What coins do you have and what price (satoshi) did you pay for them? Some coins are currently over priced/ some are going dirt cheap/ overall though, its common knowledge that the Alts have peaked and are overdue for some major correction downward.

When I know what coins you have I can be more specific.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: ludovicvuillier on October 11, 2017, 06:08:30 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

Not all coins have massive price fluctuations. For example, KELA has built-in price stability - on purpose.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: wander.me on October 11, 2017, 06:28:32 AM
All things have a beginning. I don't know what coins you have in mind, but even Bitcoin was considered once a joke. With that in mind, things could always change, and another coin could rise up, more than Bitcoin, which will probably happen in the following years.
The question is which one. Because the people always follow the money, and the coin with the most money will rise up the most. Take into account that the oil is not done yet!


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: VanDeinsberg12 on October 11, 2017, 06:30:18 AM
In the past, maybe what you say can be the truth. The old top 10 coins like namecoin and feathercoin are gone and all are losing values compare to bitcoin. However, this already have not been the case anymore. One good example is ethereum whereby it is recognised by the general and that is why it shot up in price. Even major fiat exchange recognised it and include ethereum in their system like gemini, coinhako etc.
Ethereum gaining its popularity lately, unlike namecoin and feathercoin, ethereum is backed up by every new project and by its smart contract, it's used by so many project to create ICO by offering ethereum blockchain asset, means, Ethereum have bright future and always gaining demand by the appearance of new project.
namecoin and feathercoin as you mentioned, seem just copycat of btc without unique feature I must say.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: publicjud on October 11, 2017, 06:30:53 AM
Altcoins are joke only before hardfork. Usually bitcoin can even envy some of alts in growing power sometimes.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Prodigan786 on October 11, 2017, 08:33:39 AM
Some times true but now it’s happening vice Versa where bitcoin price going up and most of the altcoins in my portfolio failing miserably . People selling altcoins and getting bitcoin for next fork so that they may get free bitcoin gold.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Boseda on October 11, 2017, 08:38:46 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

I disagree with your opinion.
It's surely true Bitcoin is the oldest and most estabilished and used cryptocoin, but its technology is very basic compared to others. There are many useless (and also scam) projects in the altcoins world, but there are also very good project, with useful features and advanced technology. It's not so easy to discern the good ones from the bad ones, but in my opinion there are very good project in the altcoins world as well. I also suggest you to not think only about price, but to stay more focused on long-term value of the coins, their technology and which problem they are going to solve (for example disrupting old industries, make innovations, etc.)


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: okissabam on October 11, 2017, 08:53:37 AM
Without the altcoins bitcoin won't be progressing too, this is actually a healthy competition for bitcoin. I still like altcoins and most of all I love bitcoin, although there are some alternate coins that are a joke but not all of them are.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: InvestICO2L on October 11, 2017, 09:14:37 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

Before you're just research 6  altcoins/1157 altcoins hence you dont see altcoin which still increase value when Bitcoin was down. BTC Dominance is 51.6% Coin Market Cap so bitcoin will  control the market


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: kotajikikox on October 11, 2017, 09:23:05 AM
altcoins is a big investment in the crypto world the investor put a large amount for the founds into the ICO becomes to be valuable coins i think putting a big amount of capital are not joke.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Mobshady24 on October 11, 2017, 09:39:54 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.
Altcoins has a better gain than bitcoin and eth because of the percentage increase of it. As today bitcoin prices going up it is just a few percentage increase as to whole price of bitcoin before it increase unlike in altcoins , there are altcoins that can reach more than 100% increase on its value for just a couple of days or even hours which never happens lately on bitcoin. maybe before when the price of btc is just less than $100 were it double its value for just a couple of hrs or days.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: sparg on October 11, 2017, 09:44:49 AM
If you think altcoins are a joke just buy bitcoin and move to theyre forum. Nobody is stopping you to move to bitcoin!


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: bryant.coleman on October 11, 2017, 09:54:51 AM
Altcoins are joke only before hardfork. Usually bitcoin can even envy some of alts in growing power sometimes.

Nothing is going to change. After the hard fork, the Bitcoin dominance is going to increase. The exchange rates of the altcoins are going to remain the same (in terms of USD), while that of Bitcoin is going to increase rapidly. I hope that soon the Bitcoin market dominance is going to cross the 90% mark (just like it was the case in 2016).


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Orange Guy on October 11, 2017, 09:56:58 AM
Just wait a few years and you will see different


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: hyperdak on October 11, 2017, 09:59:54 AM
if the token only transfrom by airdrop .how can people price it ?

almost altcoin only create a new ERC-20 token,but nothging to do. :'(


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: NeuroticFish on October 11, 2017, 10:03:12 AM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

You have to learn about patience and trust. If you trust your altcoins, hold. Some will pay great rewards.
I have my example. Some altcoins became dust indeed, but I have at least one that had more than 100x growth (in USD) from when I bough to the value today, which is not even the top value it had.
As a comparison, Bitcoin growth in same period was less than 25x, which is also wow, still 4x lower.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: Pamadar on October 11, 2017, 10:04:12 AM
Some times true but now it’s happening vice Versa where bitcoin price going up and most of the altcoins in my portfolio failing miserably . People selling altcoins and getting bitcoin for next fork so that they may get free bitcoin gold.
That's the big reason behind but big players knows how to play the game and traders are now becoming wiser I'm positive that those quality alts will gain support while fork for btc gold are incoming, better to buy those what they've called joke and enjoy the ride.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: krypt0n1 on October 11, 2017, 12:52:32 PM
Guys, I own 6 different alcoins and during the dip i followed them all go down as the bitcoin was losing in value.  Then yesterday when things started stabilising they were all without any exception all rising in value as the bitcoin raised too. So if bitcoin is driving all prices up and down, what's the point of playing with altcoins if no matter what techonology they use and what team stands behind them they ll just follow the bitcoin lead? I am not sure about you but this last situation depressed me a lot, and I would love to read your opinion.

It's true that bitcoin will lead the direction of most alt coins. Because of this, many traders use the altcoins to leverage their accounts in a way. The gains can be significantly better in bull runs and significantly worse (to bitcoins decline). This can certainly lead to you losing most of your money in alt coins if you are not careful, but developing strategies to avoid this can help your account significantly. Get into the practice of only buying QUALITY altcoins when they have bottomed out or at least not pumped and possibly consider setting tight stop losses. The latter is more/less important depending on if you are a daytrader/swingtrader/investor.


Title: Re: Altcoins are a joke, only bitcoin matters!
Post by: jyotianand01 on October 11, 2017, 02:51:01 PM
I do not agree with your opinion altcoins are not joke. Some altcoin has really good future ahead but I agree bitcoin is more promising & more profitable & more reliable coin in the present market. Apart from this I believe some altcoins are doing really very well those are: Ltc, Dash, Eth, Etc, Stratis, Xmr, Xrp & Waves you can consider these coins as well.