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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: benjaminpeters on April 15, 2018, 11:06:13 AM



Title: what are the disadvantages of altcoin ?
Post by: benjaminpeters on April 15, 2018, 11:06:13 AM
in your opoinion what are the disadvantages of altcoin ?


Title: Re: what are the disadvantages of altcoin ?
Post by: dongamk on April 15, 2018, 12:03:54 PM
Well, altcoins are being developed on various native blockchain like ethereum, neo, stratis, nem etc. As these native blockchain have limitations, altcoins built on top of that appear to have limitations.

The first major reason can be adoption. Numerous of ICO's are being launched and products are being developed, but only few of them contains possibility of adoption in real-time. We have to wait until mainnet launch and within this time it might get competitors with running product, right? However, look at the adoption possibilities of Request Netwrok, WABI etc, as they clear roadmap checkpoint, possibility of adoption is great.

If you have mistakenly sent your altcoins to other address than recipient, your sent altcoins are lost. There is no way to reverse back that transaction.

Volatility of altcoins is the most important factor behind poor adoption of altcoins. People don't want to use them within their real application because of the fear of price uncertainty. Most of the giant companies are silent towards cryptocurrencies and ratio of unawareness from cryptocurrencies is not supposed to be decrease due to this fact. People are not aware of how to use cryptocurrency and hence open themselves to hacker and scammers. The technology is somewhat complex and therefore one needs to be mindful of it before investing.


Title: Re: what are the disadvantages of altcoin ?
Post by: Mang Li on April 15, 2018, 01:14:50 PM
there are too many useles coin or people said shitcoins at this moment
and i think the disadvantages of altcoins is in the quantities of alt without qualities


Title: Re: what are the disadvantages of altcoin ?
Post by: Dmcuibap on April 15, 2018, 01:31:20 PM
Almost disadvantages altcoin is its pump and dum, dont have any liq. Also Almost ICO nowaday is Scam and Fail project, Investors dont trust their NEWcoin. ALT coin like ETH still growing right now, ETH have best ecosystem for decentralized network for our crypto future


Title: Re: what are the disadvantages of altcoin ?
Post by: hdclover on April 15, 2018, 01:36:07 PM
Altcoins are used only as an investment device rather than their own use case. This is the biggest disadvantage of any altcoin unfortunately it is created by users itself. Other than this there is alot of manipulation in the market of altcoins.


Title: Re: what are the disadvantages of altcoin ?
Post by: drrekkty on April 15, 2018, 01:37:23 PM
Most altcoins do not have such a wide infrastructure as bitcoin, which is the main argument against this money in people who do not recognize alternative coins. Many altcoins, even bitcoins are no exception, are accused of illegal transactions. In particular, for conducting secret accounting. For example, Dash and Monero can not be tracked even through the block, so transactions in them can be a threat.


Title: Re: what are the disadvantages of altcoin ?
Post by: madushanperis11 on April 15, 2018, 02:09:04 PM
The main disadvantage I see here is that they are developed based on another crypto currency like, ETH, NEO etc so that they inherit the limitation of their parent currencies. The price is also given relative to ETH, NEO, BTC or another, so if that currency goes down, the value of out ALT also goes down.


Title: Re: what are the disadvantages of altcoin ?
Post by: bigcash2011 on April 15, 2018, 02:11:45 PM
In my view the main disadvantage is the non stability and high volatility, also if something goes wrong it effects the value drastically, i have seen alts going valueless within matter of days.


Title: Re: what are the disadvantages of altcoin ?
Post by: Ch01ce0N3 on April 15, 2018, 02:23:48 PM
I think its a loss if it leads a scam. That is all. Why loss? Because it has been a waste of time. But if it leads to a scam, it's useless.


Title: Re: what are the disadvantages of altcoin ?
Post by: Houseman on April 15, 2018, 02:35:20 PM
Biggest disadvantages of altcions will be there are a lot of altcoins out here which including true one and also fake one. It is necessary for us to do our duty as in do research to know more about the coins that we are going to invest, or else we will losses our investment capital for nothing.


Title: Re: what are the disadvantages of altcoin ?
Post by: macchiato on April 15, 2018, 02:36:11 PM
in your opoinion what are the disadvantages of altcoin ?

1. There are several coins in the crypto world that have little or no value, in short, useless.
2. They are easily influenced by changes in the market and by bigger coins.
3. Some are used in unethical ways, because hey, they are untraceable.


Title: Re: what are the disadvantages of altcoin ?
Post by: CrazyJoker on April 15, 2018, 03:06:36 PM
All investment in the cryptocurrency is a risk. You can win, but you can lose. Especially it was noticed by those who invested their money in bitcoins. But in this currency there were both ups and downs. But in comparison with bitcoins, altcoins are even more unstable. Perhaps the downside is that there is often a hype generated by coin communities. Often, little-known analysts start without evidence to spread information about the rapid growth in the value of one currency, which is actually not the case. Therefore, you need to invest only in the coins that you have researched.


Title: Re: what are the disadvantages of altcoin ?
Post by: Zocadas on April 15, 2018, 03:08:24 PM
The disadvantages of some altcoins in comparison to Bitcoin may be lower acceptance, lower publicity and lower security. It depends on the altcoins as there are many scamcoins and also very established and promisable altcoins with interesting innovative technology and projects behind them.


Title: Re: what are the disadvantages of altcoin ?
Post by: CodyAlfaridzi on April 15, 2018, 03:11:10 PM
Most altcoins are nothing but a means for speculative trading. Besides the huge one like Ethereum and Litecoin, most of them do not have any use at all and no acceptance whatsoever. They may have development, yes, but most of the time that developments are meant to create hype in hope to pump the price.


Title: Re: what are the disadvantages of altcoin ?
Post by: CHENIEN on April 15, 2018, 03:13:51 PM
The disadvantages of altcoins are more on scammers that surrounding on altcoins business transactions, so let us double careful on making altcoin business transactions. Hopefully the cryptocurrency management will find a direct solutions on scammers to avoid destructions on the credibility of cryptocurrency business. Because many people afraid to invest altcoin because of scammers.


Title: Re: what are the disadvantages of altcoin ?
Post by: chukaday on April 15, 2018, 03:19:13 PM
They scale worse than the big boys, and the big caps already have problems. I wonder if these coins will be 1:1 fungible and if many retailers will accept them. Basically my main concern comes around the usage and utility these tokens and coins can provide. If you can't use them, then whats the point?


Title: Re: what are the disadvantages of altcoin ?
Post by: boranes on April 15, 2018, 03:31:08 PM
in your opoinion what are the disadvantages of altcoin ?
Which one?
I would say there are many good altcoins but they are under bitcoin shadow or something is missing. Take a look at stellar for example - fast and reliable but lack of wallets, it could be great altcoin. In my opinion altcoin has to be fast and secure, and it should be accepted in stores as bitcoin is.


Title: Re: what are the disadvantages of altcoin ?
Post by: eye-con on April 15, 2018, 03:42:12 PM
in your opoinion what are the disadvantages of altcoin ?
altcoins is not the same as bitcoin, they all have different purpose, they are not like bitcoin. there's a lot of altcoins that has been launch every single day, and every altcoins have the possibility to drop its price depends on the developers move.


Title: Re: what are the disadvantages of altcoin ?
Post by: hot_ads on April 15, 2018, 03:45:02 PM
Altcoin will fall as BTC prices fall, and the price of BTC will rise as the price of BTC rises.



Title: Re: what are the disadvantages of altcoin ?
Post by: Lodipetmalu on April 15, 2018, 03:46:22 PM
The advantage of alcoin was it make the transactions easier since no more physical need to purchase goods or services. All you need is to have internet to transact with it.


Title: Re: what are the disadvantages of altcoin ?
Post by: kryptqnick on April 15, 2018, 03:53:17 PM
Well, altcoins are being developed on various native blockchain like ethereum, neo, stratis, nem etc. As these native blockchain have limitations, altcoins built on top of that appear to have limitations.

The first major reason can be adoption.

If you have mistakenly sent your altcoins to other address than recipient, your sent altcoins are lost. There is no way to reverse back that transaction.

Volatility of altcoins is the most important factor behind poor adoption of altcoins.
I suppose you are right about the addresses as well as volatility. However, if you send a letter with some cash to the wrong address, you will probably lose them as well. And does it really happen every time with cryptos? I mean, if you misspell something from the address and there's no address with the code such as you wrote then they disappear? Well, anyway, as for volatility, it is both attracting and shocking people. Generally, people prefer stability, but technically there's no stability, because people keep selling and buying coins, trying to get profit. In this sense, there's also demand for volatility.
As for adoption, I think it is not a disadvantage of cryptocurrencies, but rather is something that they lack temporarily.
I think that the worst thing about altcoins is that there are too many of them, while humanity need a lot fewer than what there already is. This means that the market will inevitably lose funds, since lots of coins just won't make it with time.


Title: Re: what are the disadvantages of altcoin ?
Post by: Virman01 on April 15, 2018, 04:09:21 PM
bitcoin loss is the price that can go down drastically after the ICO is over, and many coin-coin scam today


Title: Re: what are the disadvantages of altcoin ?
Post by: EthanB on April 15, 2018, 04:11:07 PM
Almost all of the answers in this thread are reading pretty generically and boring to me. It seems that this topic is rather played out, but to put it simply the amount of useless ICOs and altcoins that exist and continue to be created are giving cryptocurrencies a bad name as whole. The overwhelming majority of these coins are created without any creativity, technology innovation or solutions being offered within their project. Bitcoin has practical uses and solves practical problems. Everything that these altcoins generally stand for is selfish, manipulative, short-sighted and malicious. Obviously they are not all like that, but it is too often that the good altcoin projects are lost in the weeds among those I speak of.


Title: Re: what are the disadvantages of altcoin ?
Post by: Azzam Khalif on April 15, 2018, 04:25:03 PM
in your opoinion what are the disadvantages of altcoin ?
I look to Altcoin more at risk for a uniform decline. it is a long-term survival. so the recovery takes a long time. besides, the recovery will not be the same.


Title: Re: what are the disadvantages of altcoin ?
Post by: krishnaverma on April 15, 2018, 04:30:24 PM
in your opoinion what are the disadvantages of altcoin ?

Following are the disadvantages of alt coins:

1) They are all trying to be the next bitcoin. If some coin has real potential, it will sell on its own name only.

2) Most of the alt coins are based on ETH platform and have done no innovation at all.


Title: Re: what are the disadvantages of altcoin ?
Post by: BogdanGFTP on April 15, 2018, 04:43:03 PM
They are more centralised then bitcoin and they have not got so strong community


Title: Re: what are the disadvantages of altcoin ?
Post by: sunnydmd on April 15, 2018, 05:16:59 PM
in your opoinion what are the disadvantages of altcoin ?
altcoins are too much out there, too much I repeat, and it's too hard to find a diamond in sand beach.
and only one more disadvantage  is they're not been well-known yet.

almost every coins born after bitcoin are advance than bitcoin in some way.


Title: Re: what are the disadvantages of altcoin ?
Post by: alexzorgo on April 15, 2018, 05:24:55 PM
Recently there is a feeling that new coins are being developed and released to the market not for the sake of innovation but only for short-term profits. This monetary rubbish prevents to break through to those projects that have a really useful technological solution to modern problems.


Title: Re: what are the disadvantages of altcoin ?
Post by: berezov_petro on April 15, 2018, 05:27:00 PM
It seems to me that the biggest disadvantage of altcoin is that they are very large and most of them are simply unnecessary to people! Also, I do not like the fact that some currencies are not decentralized, because decentralization is a major plus cryptocurrency!


Title: Re: what are the disadvantages of altcoin ?
Post by: 1NV3ST0NM3 on April 15, 2018, 07:02:35 PM
Most Altcoins are temporary because they are launched for raising capital for a short term project. When the project is completed the Altcoin disappear. So they are not for long term investment. They are so many Altcoins in the crypto market that it’s tough to find the most profitable and legitimate one. Many of them are scams and failed projects. Altcoins also don’t have high adoption rate. But the biggest disadvantage is that most of them even end up being a scam. But in future after some regulations surely there will be a lot of scrutiny and only the fittest ICO which bring some utility will survive. This will really clean up the whole blockchain market.


Title: Re: what are the disadvantages of altcoin ?
Post by: Spiero7 on April 15, 2018, 07:06:40 PM
The most striking problem I can pinpoint here is that of its over dependence of their price  on the up and down movement of Btc price. It always sad to see many of them going down the drain when Btc's price seems to be diving down.


Title: Re: what are the disadvantages of altcoin ?
Post by: nahnah on April 15, 2018, 07:23:08 PM
I think the loss of altcoin is a scam, and the second altcoin takes enough time to grow and develop,
Altcoin prices are also very volatile and unstable,
So vulnerable for investors to lose money,
If not careful in choosing ICO


Title: Re: what are the disadvantages of altcoin ?
Post by: HALLASTERA on April 15, 2018, 07:37:33 PM
I suppose the most popularity altcoins will survive because popularity creating the value.


Title: Re: what are the disadvantages of altcoin ?
Post by: boranes on April 19, 2018, 07:41:21 AM
The advantage of alcoin was it make the transactions easier since no more physical need to purchase goods or services. All you need is to have internet to transact with it.
I wonder how long it took you to came to such great conclusion.
I suppose the most popularity altcoins will survive because popularity creating the value.
They will all survive because of fomo investors who can't sell them right now because they will lose money.
I think the loss of altcoin is a scam, and the second altcoin takes enough time to grow and develop,
That ain't disadvantage.



Title: Re: what are the disadvantages of altcoin ?
Post by: Atits on April 19, 2018, 07:53:23 AM
Exposure to bitcoin specific scam and fraud. black market activity my damage reputation and usefulness. susceptible to high price volatility. potencial to be replaced by superior cryptocurrency. no charge back or redund..


Title: Re: what are the disadvantages of altcoin ?
Post by: loaddebitcard on April 19, 2018, 08:09:03 AM
The key disadvantage of altcoins is the inadequate community. All that guys went here for profit only and they doesn't have any basic knowledge, freaking people out on the forum by their "wise" advice and statements


Title: Re: what are the disadvantages of altcoin ?
Post by: rudox on April 19, 2018, 08:24:34 AM
Some of the disadvantage of altcoin is the inability of the dev to push the altcoin further after ICO. This will frustrate  the investors as their money hangs. Also some of the altcoin will at the end of the day will turn to shit coins.


Title: Re: what are the disadvantages of altcoin ?
Post by: cryptokingdom on April 19, 2018, 08:25:24 AM
The major disadvantage of alternative is being dumped easily. There are some alternative coins I have that worth some reasonable amount but now it has turn to shit coin within a twinkle of an eye.


Title: Re: what are the disadvantages of altcoin ?
Post by: boranes on April 22, 2018, 11:06:27 AM
The major disadvantage of alternative is being dumped easily. There are some alternative coins I have that worth some reasonable amount but now it has turn to shit coin within a twinkle of an eye.
That means you didn't do any research about coins, you blindly bought them, someone dumped them on you and congratulations, you have become proud bagholder.
Not disadvantage in my opinion, rather ignorance.


Title: Re: what are the disadvantages of altcoin ?
Post by: sunX3 on April 22, 2018, 11:10:49 AM
Instability.

They're volatile as hell and you never know what's gonna happen. Not to mention you don't know when the crypto bubble is gonna burst.


Title: Re: what are the disadvantages of altcoin ?
Post by: panjay on April 22, 2018, 11:14:49 AM
Well from the price obviously, because many alts have a pairing with BTC and have a big correlation with the price of btc, like if the price of btc UP alts price down and when btc down alts also become down in the price. 


Title: Re: what are the disadvantages of altcoin ?
Post by: delitte on May 08, 2018, 03:50:43 PM
in your opoinion what are the disadvantages of altcoin ?

in my own opinion, a huge disadvantage of an altcoin is when it's crypto project isn't that having high in demands or they're not effective enough to meet the community gap between people and services.
there are too many altcoins today that their price values aren't pumping because of their crypto projects that were not that effective and people didn't  see them worth of investments.
Bitcoin is a peer-to-peer cryptocurrency but when there's another variety of altcoin that are almost the same with Bitcoin then I don't think it has sense or would have worth of investments.


Title: Re: what are the disadvantages of altcoin ?
Post by: delitte on May 08, 2018, 03:53:22 PM
Instability.

They're volatile as hell and you never know what's gonna happen. Not to mention you don't know when the crypto bubble is gonna burst.

aside from they're not stable coins, most of the have no working products or projects.
That's why most altcoins aren't pumping because they have no other reason why their coin have the right to pump.
some altcoins have working products and projects and that made them listed as one of the top altcoins in coinmarketcap.com and those top altcoins are worth for more investments because they have a good crypto projects that somehow useful for some users and investors.


Title: Re: what are the disadvantages of altcoin ?
Post by: Rambukwelle on May 08, 2018, 03:57:13 PM
You have to be learn really well about each alt coin You going to invest. It must be an good research , If You lazy or learning , when buying alt coins You can have huge losses. When btc bullish or when it dumps Alt coins always going down as they are so much pegged with bitcoin prices


Title: Re: what are the disadvantages of altcoin ?
Post by: netadacadug on May 13, 2018, 07:08:23 AM
The disadvantages of some altcoins are, nothing value, some altcoins nothing contract address to trace in the market, long time to wait a price, some are useless, if you have altcoins not enough quantity to sell in the market, but not all altcoin is useless there are also many altcoin that have advantages


Title: Re: what are the disadvantages of altcoin ?
Post by: Artron1 on May 30, 2018, 02:03:10 PM
Altcoins are real-time projects like other crypto money. The disadvantage is that it will lose value in a very short time. Easy trading is affecting this situation.


Title: Re: what are the disadvantages of altcoin ?
Post by: Fahim on May 30, 2018, 02:25:50 PM
Your question as if pulled out of context.
All altcoins are different. How can you talk about the shortcomings of all at once? Each of them has its advantages and disadvantages.
1. Lack of anonymity. Almost all transactions can be traced, however some altcoins are created to solve this problem. There are additional methods of encryption.
2. Very complex and expensive mining. This is a drawback. But, not all altcoins can be mined. Some projects are developing a super-computer to speed up the processing of data.
And so you can continue to infinity. I think you need to adjust your question in a narrower sense.


Title: Re: what are the disadvantages of altcoin ?
Post by: ok bozz on May 30, 2018, 02:43:20 PM


losses in altcoin that we can be due, how we see altcoin it has reached ico rate. but when we stand and then our altcoin decreases and requires a long time to rise, that's where altcoin losses. in essence we have to focus see the market. so we know the market rises or not. this is one that I know. how do you expect this?


Title: Re: what are the disadvantages of altcoin ?
Post by: fathur01 on May 30, 2018, 08:41:28 PM
In my opinion, altcoins have both advantages and disadvantages, but the main disadvantage of altcoins is their volatility in price and their attachment of all altcoins to the Bitcoin exchange rate.


Title: Re: what are the disadvantages of altcoin ?
Post by: modmalaney on May 30, 2018, 09:12:11 PM
a lot of manipulation and the less good system owned altcoin make altcoin still weak and difficult to pursue bitcoin. If fluctuations I think all crypto feel including bitcoin. with systems that are less well made altcoin are often lost or in terms of fast won't last long and these dubious investments.


Title: Re: what are the disadvantages of altcoin ?
Post by: OLX on May 30, 2018, 10:48:35 PM
The disadvantages of most altcoins is that they dont actually do anything. What is the purpose of having 1,000 clones of Ethereum? They all function the same, look the same, smell the same. Ditch them.


Title: Re: what are the disadvantages of altcoin ?
Post by: EdenHazard on May 30, 2018, 10:55:51 PM


losses in altcoin that we can be due, how we see altcoin it has reached ico rate. but when we stand and then our altcoin decreases and requires a long time to rise, that's where altcoin losses. in essence we have to focus see the market. so we know the market rises or not. this is one that I know. how do you expect this?
it is like a temporary opportunity to make money , just like hit and run. when the coins in the market got hyped , a lot of people come and buy it all at once , in the end it is like a ponzi too where the last investor won't get any benefit but a huge loss.

anything else? yes alt coins indeed hard to survive for longer time . pretty different to a strong built coins such as bitcoin where the support will make it last for very long time. also when an altcoins lack of development it will get abandoned and disappeared faster than what you can ever imagined.


Title: Re: what are the disadvantages of altcoin ?
Post by: Bttzed03 on May 30, 2018, 10:59:55 PM
That's a pretty vague question but let's try to answer. There are too many altcoins with little or no use case at all. Many have died, abandoned, or remain stagnant since they are irrelevant. There's also too much hype going around which I think is not good in the long term.


Title: Re: what are the disadvantages of altcoin ?
Post by: Neymar10 on May 30, 2018, 11:02:57 PM
in your opoinion what are the disadvantages of altcoin ?
In my opinion, the main disadvantage is that they are traded and fully dependent on bitcoin. And if it falls, then fall and all altcoins, of course, there are exceptions, but they are not much


Title: Re: what are the disadvantages of altcoin ?
Post by: mellorbo on May 30, 2018, 11:06:15 PM
There are many disadvatage of altcoin but the major fact that altcoin is not worthy all the time is because sometimes the price value can easily go down. It will instantly become not profitable when you have done something wrong.


Title: Re: what are the disadvantages of altcoin ?
Post by: batang_bitcoin on May 30, 2018, 11:08:29 PM
Some of the altcoins are used to be a scam and that's one of the disadvantage of it.

Not only it, seeing on how many traders are also staying with altcoin because they can do a massive pump and dump to those coins which is only beneficial for them. They are taking advantage of it while the small traders are being left behind with their investments due to this act.


Title: Re: what are the disadvantages of altcoin ?
Post by: Ward on May 30, 2018, 11:11:52 PM
Disadvantages of altcoins are big amount of them, not decent developers, 90% of altcoins implement blockchain in spheres, where it is not required. And the price is the resalt.


Title: Re: what are the disadvantages of altcoin ?
Post by: sash1801 on May 30, 2018, 11:17:04 PM
Of course, compared to investing in the stock market or even real estate, ICO crypto-currencies are much more volatile. Problems such as hacker incidents can cause investors to quickly lose all their investments. Of course, such sharp incidents are rare, but the main losses in the ICO value are not unheard of.


Title: Re: what are the disadvantages of altcoin ?
Post by: Edsemen on May 30, 2018, 11:17:20 PM
The disadvantages of most altcoins is that they dont actually do anything. What is the purpose of having 1,000 clones of Ethereum? They all function the same, look the same, smell the same. Ditch them.
What? Are you mad or something? It's your opinion and I respect that but how can you say that it doesn't do anything? Well,infact, beginners invest to them. That is the evidence of how useful altcoin is to the newbies. On the contrary, maybe one noticeable disadvantage of altcoin is the unpredictable dumps of prices for we
cannot control this situation. That's really annoying and it has a big impact to other investors too.


Title: Re: what are the disadvantages of altcoin ?
Post by: Primal6666 on May 30, 2018, 11:18:02 PM
in your opoinion what are the disadvantages of altcoin ?

There is no disadvantages. Each coin, a token, is created for realization of some function or maintenance of work of some project. To understand their shortcomings, it is necessary to consider the shortcomings of the project.


Title: Re: what are the disadvantages of altcoin ?
Post by: elwiswoodie on May 30, 2018, 11:19:20 PM
developers became my first concern
a lot of SCAMMER roam to deceive us
preferably, you should be more careful in investing in altcoin, because I've felt in a lie by someone and it's very unpleasant


Title: Re: what are the disadvantages of altcoin ?
Post by: Vispilio on May 30, 2018, 11:23:26 PM
The disadvantage is the difficulty of making a direct fiat - altcoin conversion for most of the altcoins. Therefore, the fortune of altcoins are still considerably influenced by the

general  market climate surrounding Bitcoin. This can diverge in the future, as many altcoins are asserting to accomplish functions and technology that are decidedly different

from BTC.


Title: Re: what are the disadvantages of altcoin ?
Post by: HoaNguyen on May 30, 2018, 11:25:36 PM
in your opoinion what are the disadvantages of altcoin ?

The disadvantages of altcoins are that its exchange rate is heavily dependent on BTC and ETH. Therefore, when the BTC and ETH decrease, the altcoins also decrease. Since altcoins have fallen, the price of recovery is very low, I have invested in altcoins for a long time, but the rates have not recovered even though BTC and ETH are rising.


Title: Re: what are the disadvantages of altcoin ?
Post by: AlisaWhishie on May 30, 2018, 11:33:31 PM
That's a quite wierd question. The biggest altcoins' disadvantage is that my mother doesn't know what ETH is, so I can assume her that I have some real money for my living. Of course, she's already heard about BTC, but not yet about alts...
What else disadvantages alts can have, if we compare them to BTC? They are almost the same, so we can only talk about their hype deficiency.


Title: Re: what are the disadvantages of altcoin ?
Post by: Scambusterz on May 30, 2018, 11:34:38 PM
The main disadvantages of altcoins are the unstable price and very high volatility. due to the instability of the course, large investors will not want to invest in altcoins.


Title: Re: what are the disadvantages of altcoin ?
Post by: rodel caling on May 30, 2018, 11:42:01 PM
in your opoinion what are the disadvantages of altcoin ?



Altcoins are very important came from the different kind of ico project made by the blockchain locally, the rules of altcoin in the crypto's is very important that's why called it as alternative coin because altcoins are usable for the trading exchange in crypto currency world, that's is my own opinion the important of advantage of atlctoins.


Title: Re: what are the disadvantages of altcoin ?
Post by: Siblack on May 30, 2018, 11:52:27 PM
actually, altcoin offers more advantages than disadvantages. we know at this time many altcoins who have good prospects and favored by investors. maybe the altcoin's disadvantages if the price in the market goes down, surely it's very detrimental.


Title: Re: what are the disadvantages of altcoin ?
Post by: wong tsu gieh on May 31, 2018, 01:36:40 AM
in your opoinion what are the disadvantages of altcoin ?

I do not think much about this because altcoin losses do not have the quality to pump up the price and so a few weeks ago lots of new altcoins were popping so from that now that I see almost all ICO projects are Scam, and This is the biggest disadvantage of all altcoin,


Title: Re: what are the disadvantages of altcoin ?
Post by: Olalomi on May 31, 2018, 01:45:23 AM
Altcoins are too many for my liking I prefers having fewer valuable coin that will stand a test of time not the ones that will always correlate with bitcoin most of the times, this will makes choice of investment streamlined to the juicy coins.


Title: Re: what are the disadvantages of altcoin ?
Post by: Jendral Istimewa on May 31, 2018, 02:14:49 AM
The main disadvantages of altcoins are the unstable price and very high volatility. due to the instability of the course, large investors will not want to invest in altcoins.
that's altcoin. but not all altcoins have the potential to go down, you know that ETH is now widely used and is becoming more popular, many people are holding ETH for the long term and some are mining the ETH, proving this coin has the potential to grow bigger.


Title: Re: what are the disadvantages of altcoin ?
Post by: hani1929 on May 31, 2018, 02:40:01 AM
 the disadvantages of altcoin is its unsatable price and its high votality, but this disadvantages of this altcoin can be your advantages in earning money from this altcoin. Because of its unstable price you can buy when its dip and sell when its high. There are so many altcoins existing now in crypto world some of them are in very low prices and some of them cant get any higher price. Some of them also got delisted because of its low market cap.


Title: Re: what are the disadvantages of altcoin ?
Post by: andthereyou on May 31, 2018, 04:56:39 AM
in your opoinion what are the disadvantages of altcoin ?
In my own opinion the disadvantage of investing in altcoin is that it's affected by bitcoin price direction when there's FUD. During FUD if bitcoin price goes down then altcoin price also goes down.


Title: Re: what are the disadvantages of altcoin ?
Post by: rellor on May 31, 2018, 06:19:19 AM
Alternative crypto coins have a large number of advantages, the main one is their small cost. But one of the main disadvantages of altcoins is their low capitalization, which allows speculation in the market. Manipulators can play with the course of coins by sharply raising or lowering it.


Title: Re: what are the disadvantages of altcoin ?
Post by: Mrbee on June 18, 2018, 07:13:21 PM
Oh, there are quite a few disadvantages of altcoins. The most important is the fact that they are strongly dependent on Bitcoin and can`t grow without Bitcoin growing as well. Second one is that they are not as popular as Bitcoin.


Title: Re: what are the disadvantages of altcoin ?
Post by: pacapa mloloh on June 21, 2018, 09:02:10 AM
in my opinion, the disadvantage of altcoin is if we do not know how to invest in cryptocurrency. so before investing we must understand and seek information in advance to avoid losses caused by fraud and when there is panic.


Title: Re: what are the disadvantages of altcoin ?
Post by: semobo on June 21, 2018, 09:06:33 AM
Oh, there are quite a few disadvantages of altcoins. The most important is the fact that they are strongly dependent on Bitcoin and can`t grow without Bitcoin growing as well. Second one is that they are not as popular as Bitcoin.
Yes still the altcoins prices were highly depends on the bitcoin so people are still afraid to invest based on the technology but it is our fault that comparing bitcoin with other cryoto currencies while investing.But I hope in future more coins will evolve like bitcoin and it will be healty for the future crypto currency system.


Title: Re: what are the disadvantages of altcoin ?
Post by: defoman on June 21, 2018, 09:18:11 AM
in your opoinion what are the disadvantages of altcoin ?
The disadvantages of altcoins have long been known to all, but I repeat - it is the scalability of the network, the speed of transactions and the lack of a finished product. This year is crucial for many altcoins, such projects as EOS, TRON are switching to their own blockchain and much will depend on their success.


Title: Re: what are the disadvantages of altcoin ?
Post by: strwy09 on June 21, 2018, 09:25:32 AM
I think the biggest disadvantage of altcoin is that it does not have enough strength, so the risk of investing in them is greater, but they also have the advantage that they may have more room for growth, so how to invest depends on you.


Title: Re: what are the disadvantages of altcoin ?
Post by: mbah on June 21, 2018, 09:26:40 AM
too many altcoin and is not very effective. If the existing altcoin all have the potential to not be a problem. but many are just passing a snap then lost and just become the sediment below. This makes altcoin less so valuable if this kind of value. Despite its benefits but not everything has a value and quality.


Title: Re: what are the disadvantages of altcoin ?
Post by: s.Zavgorod on June 21, 2018, 09:31:06 AM
in your opoinion what are the disadvantages of altcoin ?

The disadvantages of altcoins are that its exchange rate is heavily dependent on BTC and ETH. Therefore, when the BTC and ETH decrease, the altcoins also decrease. Since altcoins have fallen, the price of recovery is very low, I have invested in altcoins for a long time, but the rates have not recovered even though BTC and ETH are rising.
That's why it is difficult to know the course for the future. Sometimes bitcoin and Ethereum affect the market, and sometimes not. Therefore, I prefer to trade the top 5, they are much clearer and often grow.


Title: Re: what are the disadvantages of altcoin ?
Post by: koralan on June 21, 2018, 09:32:10 AM
Altcoin has a lot of influence on their value. In my opinion, most Altcoin are used as an investment asset to make a profit. At the same time it was born and depended on big coins. Many Altcoin is scam ...


Title: Re: what are the disadvantages of altcoin ?
Post by: atorle on June 21, 2018, 09:33:58 AM
In relations bitcoins,the disadvantage is that a lot of them are still at infancy,some do not even have a minimum viable product which means they may end up being a failed project. Some will eventually be delisted if no further development takes place with them


Title: Re: what are the disadvantages of altcoin ?
Post by: Elcapsono on June 21, 2018, 09:37:47 AM
The ability to create an unlimited number of coins leads to the fact that the black market and scammers are developing. Of course it has a great influence and dependence on either bitcoin or ether, other coins are not a token payment means. And of course high volatility.


Title: Re: what are the disadvantages of altcoin ?
Post by: X-ray on June 21, 2018, 09:40:27 AM
In relations bitcoins,the disadvantage is that a lot of them are still at infancy,some do not even have a minimum viable product which means they may end up being a failed project. Some will eventually be delisted if no further development takes place with them

Alright, that's why the competition of altcoin is about who is living in the future and which is not. The development progress become the main concern on this stage and how the majority of failed altcoin has ended with no development result at all. This is the disadvantage of the altcoin itself.


Title: Re: what are the disadvantages of altcoin ?
Post by: _yoshi on June 21, 2018, 10:03:19 AM
For me the only disadvantage for altcoins are the risk. For a lot of altcoins and their projects its very hard to get some attention. I saw a lot of good project who failed because they just put to less work in the marketing campaign. So with altcoin you just have more risk to loose. But if they gain value, you will make a much better profit!


Title: Re: what are the disadvantages of altcoin ?
Post by: inding on June 21, 2018, 10:14:55 AM
I think the biggest disadvantage of altcoin is that the price fluctuation is too big and it is easy to lose its value. This causes investors not to dare to hold altcoin for a long time. Many people buy altcoin only for short-term benefits.


Title: Re: what are the disadvantages of altcoin ?
Post by: kjnfmplm on June 21, 2018, 10:18:45 AM
I think that the disadvantages of investing in Altcoins is the risk. In my opinion, investing in Altcoin has a higher risk of losing than investing in Bitcoin. Because, we know that Bitcoin is the King of Crypto and its value might never reach zero. Altcoins on the other hand, might not even be listed and have a value. It is because of too much Altcoins existing in the market, which is also a disadvantage.


Title: Re: what are the disadvantages of altcoin ?
Post by: rh72 on June 21, 2018, 10:23:31 AM
The disadvantage is no phisic that we can hold and look like gold. And when the altcoin is lose, where will we complain?


Title: Re: what are the disadvantages of altcoin ?
Post by: Pubudu Isha on June 21, 2018, 10:29:19 AM
Altcoins are real-time projects like other crypto money. The disadvantage is that it will lose value in a very short time, Uncertainty & Volatility,Not accepted widely ,Difficult to understand, Lack of knowledge,Scaling, No way to reverse the payment,Can lose your wallet.Some of the altcoins are used to be a scam and that's one of the disadvantage of it.


Title: Re: what are the disadvantages of altcoin ?
Post by: Semen89 on June 21, 2018, 10:35:10 AM
in your opoinion what are the disadvantages of altcoin ?
Different new coins are certainly cool, but a lot of them just do not have a future and most of these projects will disappear after a while, so be very careful when choosing where to invest.


Title: Re: what are the disadvantages of altcoin ?
Post by: jonaire99 on June 21, 2018, 10:36:01 AM
Most of the altcoins can be manipulated easily and it's been used by the so called whales to to earn big profits at the expense of small traders and newbies. Another disadvantage of the altcoins is it seems to follows the price of bitcoin resulting in the market downtrend. Altcoins must show some degree of indepen3dence so it can go upward without following the bitcoin price.


Title: Re: what are the disadvantages of altcoin ?
Post by: jeron31 on June 21, 2018, 10:39:13 AM
I don't like that altcoins depend so much on Bitcoin. If Bitcoin goes down, then almost every alt coin will also go down.


Title: Re: what are the disadvantages of altcoin ?
Post by: Oniko on June 21, 2018, 10:42:13 AM
I don't like that altcoins depend so much on Bitcoin. If Bitcoin goes down, then almost every alt coin will also go down.

I agree that the crypto currency market depends heavily on bitcoin. But in most cases, altcoins fall that are not backed up by a real product.

We need quality projects that will have their own microeconomics


Title: Re: what are the disadvantages of altcoin ?
Post by: shandi albert on June 21, 2018, 10:42:29 AM
If altcoin has an advantage for the future, I think it will not hurt. but if altcoin is made only for instantaneous gain, then this would be a drawback for altcoin. Essentially all things that have the potential will continue to be adopted.


Title: Re: what are the disadvantages of altcoin ?
Post by: Ostonian on June 21, 2018, 10:43:11 AM
Along with all their advantages, alternative coins also have a number of drawbacks. Here are some disadvantages that should be considered.
Loss of investor confidence. Many argue that investor confidence in cryptocurrency is higher than ever and continues to strengthen. If investors lose confidence in a particular product, such a crypto currency may completely lose its value.
Market demand. As in the traditional stock market, demand remains, and will continue to be the factor that affects the value of the cryptocurrency. Bad news can destroy the value of the crypto currency, even if this news is a fake. It can undermine the credibility of a digital product. As a result, people will turn away from such a coin, and the value of your investment will quickly decline and you will lose money. This, of course, is a risk, but this is the property of the market, including the cryptocurrency.


Title: Re: what are the disadvantages of altcoin ?
Post by: nickolaileskov on June 21, 2018, 10:51:30 AM
If altcoin has an advantage for the future, I think it will not hurt. but if altcoin is made only for instantaneous gain, then this would be a drawback for altcoin. Essentially all things that have the potential will continue to be adopted.

The most interesting thing is that the most cryptocurrency in General has the potential. And the rest of the tokens and in General any company that issued a token is a company that began to enjoy the fruits of cryptocurrency, thereby contributing to this world. I think someday everyone will begin to globally enjoy the fruits of crypto-currencies and blockchain systems


Title: Re: what are the disadvantages of altcoin ?
Post by: 3kpk3 on June 21, 2018, 10:56:20 AM
I feel that the biggest drawback of altcoins is the high possibility of their creators scamming people in clever ways which is not the same with Bitcoin. Popular altcoins like Ethereum, Ripple etc have already established themselves are completely legit, but there are cases of popular altcoins scamming people like Bitconnect etc which is a shame. This is why I always suggest diversifying your funds whenever possible to minimize the chances of getting scammed.


Title: Re: what are the disadvantages of altcoin ?
Post by: louie69 on June 21, 2018, 11:35:49 AM
As per observation, one of the disadvantages of altcoin is that during the ICO sale, price value is still fine but once it was on the exchange sites, the tendency is that the value will drop from the previous price where it will took a very long time for it to recover and for some, it hasn't get back and continues to drop.


Title: Re: what are the disadvantages of altcoin ?
Post by: lushlifing on June 21, 2018, 11:38:40 AM
There are many I want to address but the disadvatage of the altcoin in general is there's too many of it, I think there should be a proper screening first or an evaluation before launching a coin, so that scam coins will be reduced too.


Title: Re: what are the disadvantages of altcoin ?
Post by: Panpan66L on June 21, 2018, 09:22:18 PM
 I think one of the most valuable and important disadvantages of alternative cryptocurrency is that they are totally bounded with the project of their, and if the project falls, almost 99% possibility that token would not survive too


Title: Re: what are the disadvantages of altcoin ?
Post by: passwordnow on June 21, 2018, 09:24:47 PM
The disadvantage of it is one day most of these altcoins will fail, ICOs will fail and the cheap coins that aren't getting attention will be dead.

The rest will remain stable and healthy as long they are getting a good volume in different exchanges.


Title: Re: what are the disadvantages of altcoin ?
Post by: lieutkcb on June 22, 2018, 02:16:51 PM
Altcoins are too many for my liking I prefers having fewer valuable coin that will stand a test of time not the ones that will always correlate with bitcoin most of the times, this will makes choice of investment streamlined to the juicy coins.


Title: Re: what are the disadvantages of altcoin ?
Post by: Weirdwas on June 22, 2018, 02:22:56 PM
I feel that altcoins potential is sort of limited having another coin at it's base, but the actual disadvantages depends on which altcoin you're referring to. Ethereum is still a solid coin with plenty great perks and value


Title: Re: what are the disadvantages of altcoin ?
Post by: Shushale65 on June 24, 2018, 07:19:08 PM
What do you mean, the altcoins are flawed? All altcoins have different technology and you will not be able to compare them by any one criterion. The only drawbacks are altcoins that have no technology.


Title: Re: what are the disadvantages of altcoin ?
Post by: ngocnga0051 on June 25, 2018, 12:26:28 PM
You have to be learn really well about each alt coin You going to invest. It must be an good research , If You lazy or learning , when buying alt coins You can have huge losses. When btc bullish or when it dumps Alt coins always going down as they are so much pegged with bitcoin prices


Title: Re: what are the disadvantages of altcoin ?
Post by: Artron1 on June 25, 2018, 01:05:25 PM
Trading with Altcoin in the virtual money market is easy and cheap. The Altco you purchased may wait for a while and sell it after the value has increased. The disadvantage is that it quickly loses value.


Title: Re: what are the disadvantages of altcoin ?
Post by: duongdaiduong on June 27, 2018, 07:04:00 PM
The rapid growth of cryptocurrency in recent years has caused prices to fluctuate dramatically. Many developers only want to profit from the altcoin they create without paying attention to the value of the community.
In addition, "sharks" can manipulate the market. They flush a heap of money into low-priced coins that make them rise and then sell to make a huge profit. Those are huge disadvantage.


Title: Re: what are the disadvantages of altcoin ?
Post by: Irina_ortman on July 26, 2018, 05:22:18 PM
Altcoins have a direct dependence on Bitcoin. If there is no trust among investors or other market players to Bitcoin, then Altcoin in this case lose in everything.


Title: Re: what are the disadvantages of altcoin ?
Post by: rewulil on July 30, 2018, 12:07:29 AM
The primary impediments of altcoins are the temperamental cost and high instability. because of the precariousness of the course, huge speculators won't have any desire to put resources into altcoins.


Title: Re: what are the disadvantages of altcoin ?
Post by: cozujeye on August 01, 2018, 11:49:16 PM
Well from the cost clearly, on the grounds that numerous alts have a blending with BTC and have a major connection with the cost of btc, as if the cost of btc UP alts cost down and when btc down alts additionally end up down in the cost.


Title: Re: what are the disadvantages of altcoin ?
Post by: leviathon on August 03, 2018, 09:46:16 AM
in your opoinion what are the disadvantages of altcoin ?

I think right now the disadvantages of altcoin is that there are way too many of them. At this point anyone can make an altcoin and use the coin to scam people. If we had less altcoins in the market then the prices would be doing a lot better than they are now. In the coming years, we will be watching  alot of scam altcoins failing but the problem is that as they fail, they take money out of the market with them.


Title: Re: what are the disadvantages of altcoin ?
Post by: Remulewak on August 19, 2018, 06:55:30 AM
the impediments of altcoin is its unsatable cost and its high votality, yet this hindrances of this altcoin can be your points of interest in winning cash from this altcoin. Due to its temperamental value you can purchase when its plunge and offer when its high. There are such a large number of altcoins existing now in crypto world some of them are in low costs and some of them cannot get any higher cost. Some of them likewise got delisted in light of its low market top.


Title: Re: what are the disadvantages of altcoin ?
Post by: lang shao on August 19, 2018, 07:11:55 AM
in your opoinion what are the disadvantages of altcoin ?
For me, the disadvantage of alts is when its going to  dump. Im talking about attending a bounty as an example. We do the participation almost 3-4 month and the ending is a dump coin. The time is wasted and the hardwork too so that the baddest thing about alts wirh we talk disadvantages.


Title: Re: what are the disadvantages of altcoin ?
Post by: carrigan on August 19, 2018, 07:58:47 AM
If we are talking about advantages, there will be many advantages. But about disadvantages? Well, I think it is about the risks and its fluctuation price of the altcoins. Sometimes, we put our money or time in the altcoins. After some months, we got nothing. It means that we lost our money and time in spending in the altcoin. However, so far, I really get more advantages than the disadvantages.


Title: Re: what are the disadvantages of altcoin ?
Post by: aizadelacruz99 on August 19, 2018, 08:03:26 AM
I think the disadvantages of altcoins is very risky and the price of altcoins is sometimes is very deep price and unpected dump a price. And advantage of altcoins are quike pump a price.


Title: Re: what are the disadvantages of altcoin ?
Post by: tranquochung on August 19, 2018, 08:04:04 AM
Dear all,
what are the disadvantages of altcoin ? Yeah, sure! The altcoins have some disavantages. This is a new method applied on the finance background. Besides, many countries do not accept the crypto transactions,...and other difficulties.


Title: Re: what are the disadvantages of altcoin ?
Post by: krenus on September 14, 2018, 08:59:07 AM
in your opoinion what are the disadvantages of altcoin ?
it's being so unpredictable. difficult to say which one will be here to stay. and it's not always decentralized. this is just my opinion, though


Title: Re: what are the disadvantages of altcoin ?
Post by: goldenstatewarriors123 on September 14, 2018, 09:54:19 AM
I think the main issue of altcoin is that they are usually less circulated in the cryptocurrency market. Comparing the altcoin like ETH, bitcoin is more usable and tradable in the market.


Title: Re: what are the disadvantages of altcoin ?
Post by: Haynes on October 16, 2018, 04:53:03 AM
I bought Zclassic at 150,000 satoshi and now it's about 50,000 satoshi.
It was definitely a loss for me when I was sold now but if it was in the HODL it could be said that it had not been lost because the world was still spinning.


Title: Re: what are the disadvantages of altcoin ?
Post by: Mega Sardines on October 16, 2018, 05:21:50 AM
From the word altcoin - alternative coin meaning it's not the main dish. It is just a second or third option. If the main coin (Bitcoin, Eth) fails, all others are will fail. That was just my opinion.


Title: Re: what are the disadvantages of altcoin ?
Post by: bitcoinm3ster on October 16, 2018, 05:31:35 AM
in your opoinion what are the disadvantages of altcoin ?

Any coins all have advantages and disadvantages, and it depends on which technology that it is running. I think there is one only general disadvantage for Altcoins is that easy to be controled 50% by someone or some groups


Title: Re: what are the disadvantages of altcoin ?
Post by: 3x2 on October 16, 2018, 05:32:45 AM
Altcoin kingdom is as whole related to BTC directly. If BTC tends to fall ALTs tends to fall more but when BTC rises the same always does not apply. :-*