Bitcoin Forum

Altcoins are fairly recent and new, what are your biggest worries about them?
Mine is that they may not be as successful as Bitcoin, and end up tanking after my investment.

With the price of BTC being increased dramatically i am worried about alts that they dont have any value in the future like the others's prediction 95% of alts wont have any value or will be dead.

I am worried too. Most of altcoin now a days have a low value. But let see what will happen in the future.

My only worry is if I invested on a wrong ICO. Lots of new ICO keep coming each day, it's kinda hard to choose where to invest. And most of them will turn into a rubbish coin anyway.

That they will be destroyed by the price of Bitcoin or regulations.

Failure of falling cryptocurrency altcoin .. much caused by the lack of adoption of the coin. Let's say, when cryptocurrency was first launched, and developers started releasing source code, but not accompanied by the growing adoption of miners. Likewise also the users are minimal, so many of them who ultimately failed halfway.

There are some very promising alt coins out there, such as OMG. Some indeed will prove to be worthless as although the ICO may be a good idea, adoption in the real world will not happen as planned and the value could sink to zero.

Other alt coins which tap in to traditional markets which are already very profitable in the real world will have a very good chance to succeed and grow very large on the Ethereum block chain, once network issues are solved and there is more adoption of the technology. Alt coins /tokens offering profit shares/rewards, these are more interesting.

It's good to have potential alts, but make syre to have those included on top 10 alts, thus it will give a big opportunity for us in the future since they can last for long, but still keep on searching new alts

I think there will be no worries about Altcoins and ICOs because it will be supposedly regulated due to most of them aren't making into success. Some of them are just scams that trying to take people investments of millions of dollars so it would be the good news for us if ICOs are regulated.
Imagine that we have already 1,500 Cyrpto currencies today and still many to come next year.

Honestly and in fact there are only a hundred potential Cyrptocurrencies that are going to have the potential to be the official altcoins in the world out of a thousand and a half existing ICOs and currencies. Most of them couldn't make it into success due to lack of skilled developers and management staff that support and sustain the competition.

BTC is moving fast well it means that alts will bleed and eventually wont have any value in the future.

The biggest concern when investing in an altcoin is that it might not be successful and therefore dying. As most altcoins are fairly new and dont have a big community, this can happen pretty fast. Its always risky to invest in alts and even more in ICO's. I always look at the trading volume before I invest in an altcoin, if this is not fairly high I will stay away. The problem with ICO's is that even the ones that seem legit throughout the ICO can turnout to be a scam or only a money grab where none of the promises will/ can be delivered, this can happen due to lack of skills and not out of laziness or the like, but its the same outcome. I've become really careful when choosing ICO's, after loosing money and making some really bad experiences, Im rather suspicious than being deceived.

the worries about altcoin and ico may be drastically reducing prices. altcoin can move up significantly and price as well.
investors or participants are worried that alcoa and Ico's price will make a loss and not make a profit

Well OMG is an ERC20 compliant token which runs on top of Eth and all erc20 tokens do. Some will increase in value in line with the business that created them and others will increase due to the profit share that they offer. It's these that interest me. One I own is DICE and we are adopting the same profit share in our upcoming ICO.

I'm only worried by the future of the project. Nowadays with Bitcoin value increasing Altcoin values are being affected but I think in the future the value will be in the project and not only in the currency speculation.

that is a valid concern and that is why people are only investing in altcoins as a short term investment and dump them after they are pumped up. that is why we call them pump and dump anyways.

most of them have no real adoption and when you check them out as a "currency" you can see they fail because of the issues they are introducing unknowingly for example having faster blocks or bigger and faster blocks!

Your worry is a very valid concern. If you come to think about it, it is actually very hard for any altcoin to replicate as much of the success that bitcoin has achieved. Bitcoin is valued at $15000 at time of writing and the closest and next in line that comes to it is bitcoin cash which is only valued at 1/10th of it's value or $1500. That is a huge cap even for a clone of bitcoin what more some little new ICO that has no working product yet and no real world use. Most likely, Bitcoin will be the best store of value for now since no ICO other than Ethereum has really proven itself. That being said, Ethereum is really undervalued at the moment.

I'm worried about their extreme unpredictability. Bitcoin is also unpredictable, but you get my point. I sometimes feel like altcoins do not go up, although the indicators say they should, or they don't go down when they should. Investing small amounts in such an unpredictable environment is no problem, but when it comes to large amounts, the unpredictability scares you.

My concern is that they make junk coins with a great idea that can get people interested, but when ico has finished and the token has been distributed, the project will stop and no new updates yet. Situations like this often happen and the price of coins keeps dropping to low. This is very bad for investors and can eliminate trust in ico. There is no point if we get a bonus in ico, but when listed in the exchanger the price of coins dumps to 2-10x below ico price.

The biggest worries about altcoins and ICO are many scammers here and fake ico and may steal your money because you invested in them.

I think that is the top of the worries of all including the developers.
Unsuccessful ICO's. This will lead to nothing. Bounty hunters might get a little and investors will be forced to withdraw even if there is loss.
That is why I do think that we should be really careful in picking one. Some of the airdrop coins are better than this ICO's.
Why? They just did it for money and will not update anymore after they got it.

Alt coin maybe cant as succesful as bitcoin but still can give you good amount of profit, in alt coin you need to be fast and pay attention to the up and down, it is a bit dangerous for newbie to invest in alt coin, so why dont you start from bitcoin and start to learn about alt coin, when you got enough information then you can choose alt coin that you want to invest

The cash grabs and greed are ridiculous - this will bring some severe regulation which unfortunately is needed to curb this money grabbing shitlord attitude.

my biggest worry about ICOs is that i can be scammed by bad guys using ICO to take money from investors, and even if the ICO success they may abandon the investors making the coin becomes trash coin, not worthy on the market at all.

It is expected that alts wont match up to bitcoin but still there are some which are profitable like iota and neo--basically those bunch which are at the top 10 in market cap. My only worry about altcoins is that I might lose my funds (by geting scammed or hacked) while I'm hodling.

My biggest worries  regarding altcoins and ico if it is scam.if the icos not succeed and others investor will quit of their investments and the shares we put on it if they will be back on it or not.

Since bitcoin's value is actually high right now, ICOs objectives are getting more difficult to reach, so ICOs are difficult to manage right now. ICOs get lesser and lesser every period, I hope they will come back next year or whenever bitcoin's value stabilizes.

This is not a right time to invest in ICO because we don't  predict the value. So better you invest in altcoins or Bitcoin. In current market Bitcoin is raise continuously this time is favour in Bitcoin not an ICO. But some altcoin also good to invest in digital market. If you want to invest in ICO you just wait for some more months. I think next year is good investment in ICO. In current situation hard to predict the best ICO.

Alts will be killed by the King in 2018,most of the altcoins will no longer have any value in the future if btc will continue to rally.

The biggest worries about altcoins and ICO are scammer that send random link on slack, to your email or your bitcointalk wallet. One of my friend lose a lot of money because he clicked on fake myetherwallet link from his email. Personally I also receive occasionally a lot of spam on my email telling me to change my myetherwallet password or to activate second authenticator. My second concern about altcoins is the manipulation of prices in small exchanges

Global regulations that don't help altcoins but just strangle them.

which I am worried about altcoin prices plummeted due to the impact of the rise in bitcoin prices.
it can all affect altcoin enthusiasts to switch and invest only with bitcoin.