Bitcoin Forum

I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.

Bitcoin is 10 years old and there is actually nothing better happened all this time. Everything else looks like a cash-grab, full of fake news and hopes, full of invalid information about the tech, about decentralization and safety. Almost every blockchain has already been 50% attacked, Ethereum rolled-back it's own chain, Litecoin has no reason to exist, Monero perhaps had a reason but still so many problems with privacy, XRP, Stellar i can't find the reason people are still buying them. Some shitcoins had a chance to become something with all that influx of money in 2017, but devs thought it was better to re-invest all that money into private mansions and lambos instead of research and development. How do you think tech giants became the empires they are today? They allocated all profits into creating something better every year. Microsoft for example didn't pay a single dollar in dividents for the first 15 or 20 years of it's existence. All the profits were allocated in RnD. Which altcoin did the same? They all rushed to offload their billion coins and dump them on investors faces while talking about moon and taking over the economy. Such nonsense.
To conclude, I see every altcoin as overpriced by at least 10x right now and shorting all of them where it is possible into any pair available, BTC or USD.
I see all altcoins dumping 90% more at least and perhaps then we will find out who was milking them for profits in 2019 and who was actually working and has a decent product with a future.

Altcoin can no longer be trusted as a future token like 2017, now many altcoins are dead and many are left by investors in the long term altcoin will die quickly but there are also many new altcoins with new ideas, and indeed when tokens are discarded the token cannot rise again.

Investing in the altcoin market at this time is like finding a needle in a haystack: utterly time-consuming and useless unless you stumble upon a gem or two along the way. Despite having stricter regulations and enforcement of certain licenses before creating a new token, shitcoins are still appearing here and there like mushrooms feeding off of other dying altcoin’s volumes. There are a few notable and actually useful altcoins out there such as ETH and some tokens under it but that’s just about it. Besides, people don’t really need all the fancy features and other bling-blings some altcoins come up with just to sell itself, so why bother looking for newer ones when you can just stick to the old stuff that just works?

The bottom line is that "altcoins" are useless except Namecoin which is not only the first Bitcoin fork but is also directly connected to Satoshi Nakamoto. Not to mention that all new altcoin are released by some corporation which expecting profit. All these useless altcoins are eventually will fade away because a few people controls most of those coins. I'm a strong supporter of Bitcoin and Namecoin and I believe that all other coin worth nothing more than a poop!

You have a good point if view mate, you have some points though. Like many people said this industry is still young and its too early to judge. Lets give these project some time but not a decade, if the same old S*** happen then we can coursing them to death if we wanted too, but as of now consider them they’re still on experimental phase.

You don't find altcoins with much lower transaction fees and quicker confirmation times to be better?  If that's really the case, you are looking at bitcoin with blinders on.  I say that and still love bitcoin, by the way, but if I were going to spend crypto to buy something, I would much rather use a coin like doge or xmr or any coin other than bitcoin.

There aren't that many on the market, I'm pretty sure of that.  Nevertheless I do agree with you about any altcoin overtaking bitcoin's popularity.  That just is not going to happen in my opinion, but it also does not mean that some of them aren't better as forms of money.  They just aren't as good an investment.

Where were you in 2018? We've already seen this dump happen before and many major altcoins are still here. Do we need another dumping before you get convinced? If it does happen again, the result will be the same. Some weaker altcoins will die while stronger alts will still survive and continue with the development.

Agree with the thing you said,but we need only bitcoin? If this happens then bitcoin also will become not practical to use by everyone so this is why we got altcoins but many of the tokens were created only to make money and it the investors still investing on it are most stupids.What we need to do? First thing is to stop investing on new projects and support the coins which are being developed towards its goal.

Many altcoins already dead. Look at CoinCodeCap:
https://coincodecap.com/dead-crypto-project
~1300 dead project with no activity on Github and total Market Cap ~ $700 billion.
On this market, the number of dead projects will continue to grow very rapidly. 99% will sink into oblivion, only the strongest will survive.

Well that's for sure.

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But knowing who's milking the profits? I don't think that someone will show himself in the front of the crowd will tell that he has earned that much with these. Some can claim that they've made enough money but not with those but with bitcoin.

Of course most of them will die. But i don't think that many of them are even trying to archieve something that btc has already archieved.
I really can't see anything wrong with trying to implement new technologies on altcoins instead of trying to put them to bitcoin code for example.
New tech needs testing and what's a better way to test it then with separate projects to keep bitcoin safe and stable on the same time.

If the projects don't fail in the test of time, everyone is a winner.

Without creating and using a million altcoins, we will never know if they have a real chance of real use or not. I mean, we are learning from mistakes, we do not know about all possibilities of the blockchain technology and therefore we must constantly look for new use.

With the current situation, BTC alone won't be able to handle all transactions though. Honestly, I probably use more ETH & EOS in a month than BTC. However, this situation will change dramatically if the lightning network can really work.

I think I heard something about the new Electrum release that would support LN. Definitely a game-changer if it's not buggy.

Tokens and altcoins are different, majority of the token projects died after the crash and only a few will fulfill what they started out and most of the token projects shut their offices or cut their developers and waiting for the market to recover, the top altcoins in the market will recover but i am not expecting a rally like we used to see in the past but we will see the price improve according to the bitcoin market rally.

Just for commodity we do not need all the cryptocurrencies to be exist this altcoins are being here to to make the price changes and market Trend to get the milestone profit for the traders.
I don't think so apart from traders general crypto users doesn't require any altcoins to be used.

I was to remind op that some people made good money in 2017 through altcoins at the time bitcoin was bullish. Agreed that this year hasn't been a good year to cryptocurrency but patience is needed now as we invest wisely. I'm thinking the 2017 will come back again and whoever is hodling good coins will smile to the banks again.

Is the dead project seen from the active Github account? i dont think so
Many project still alive and give update about their progress development on social media or telegram, i think projects are considered dead as they do not update information about their projects or prices at the market dump

Stay here read and learn and you will find what you are looking for. There are plenty in a million.

I agree with this 99% of altcoins are useless but there are some projects that utilize something new that could really work and some have features other coins don't.
Privacy coins are one example. Yes there are some issues with Monero but this doesn't make it useless. Nothing is perfect and some of these coins were meant to give something more to the crypto space. Some had failed but their ideas were good just not executed well enough.

Some of those good ideas:
Coins mined in a different way to see what works out best like CPU, HDD, PoS.
Privacy coins
Stable coins
Smart contract coins

Even if many of those altcoins weren't completely useless, they would still struggle to get adoption - simply because no one wants to manage a ton of wallets and currencies (all of which are quite volatile), so people would naturally gravitate towards one single coin, and that coin would be Bitcoin, since it's already the biggest and is proven by time. Plus, there's another similar effect - people adopt money that are already adopted by other people, since it means it's easier to spend and receive it. You have much better chances of finding a store that accepts Bitcoin than a store that accepts EOS or TRON.

i totally disagree with you - bitcoin has no privacy and barely programmable.. its slow and dumb and has high fees for small payments
there are few examples of good altcoin which are not "just money grab" but actually building something useful
the one i want to bring as an example is Zcash - they brought the zero knowledge proofs
go watch this video if u underestimate zero knowledge proofs https://www.youtube.com/watch?v=J3jKROwTPCs

anyway if you believe only in Bitcoin, its only your loss

There are 30,000 cryptocurrencies?

Well Ethereum does have the technology that has its purpose but we see is downsides as well which is why there are projects developed more advance to it. Technology of the tokens today are far advance than BTC if you just take a closer look to what they have been developing, its not yet fully developed but you can already see it with EOS which is among the 3rd generation blockchain.

Selling your altcoinds today is certainly not a good idea when you can see bear is coming to an end. You should have sold it when its price was way higher.

This is obviously from a bitcoin maximalist, i do support and hold btc myself but saying that everything else is crap is not correct, there are many gems in top10 to 20 list, if overall market is bearish and alts are down that does not mean that alts have become useless, they will come to their potential sooner or later.

Although I have to agree that there are many scam coins and dodgy developers, there are some decent projects making changes around the World and helping to empower communities. I also like that altcoins are the way forward into democratizing money. We at least have a choice in WHAT currency and project we want to trust. We are not just forced to hold our FIAT currency and trust in the governments alone and the central banks and corporate cartels. This plethora of choice, though quite daunting is also unprecedented in our Human History.

The old coins, that today are still making waves, did not do as much work , particular serious works, as much as we have in some coins today, yet they succeeded. The changes in the crypto space and the world in general are enabling more competitiveness and need more and better innovations.

Altcoins especially Ethereum has smart contracts feature that bitcoin does not have, You can program it to feet on our daily problems, you can create some Dapps. I don't think all altcoin is useless or priceless, yes it is true that they are growing looks like everyone wants to create their own coin or token so much useless altcoins that exist now with no use cases.

as long as the growth of cryptocurrency over the past 10 years did not have a good impact, maybe the ecosystem has been formed with a very complex context, but what about thousands of projects that have big concepts and eventually disappear after ICO funds are collected?
It is true that what you say is that all this reality is just a coin or a serious project that will survive and have a future.

How about eth and those coins on the top 10? They dont see to be interesting to you? When it comes to application and use case I think there are lots of coins which are much advance compared to bitcoin now. Bitcoin value increase due to its being pioneered coin and can be compared to gold as it is the first one to rise. But if were talking about advancement here then Id say many defeated bitcoin already.

Million altcoin kind just famous for one day or one week, after raise to higher price altcoin dump and never back to higher price any more, why have million altcoin kinds in exchange market because only take profit with short time by developer and investor, they only want to earn money with altcoin for awhile and then after altcoin down they created new altcoin again and doing the same thing like altcoin before.

An obvious reasons why many projects will die along the way, many developers are not serious with how they plan to bring progress to what they've created and losing interest from the investors will also affects the future of the coin. It's best to still learned how to analyze which project will still be there to work alongside with Bitcoin, tough work to be done but it worth the wait.

Agree, many coins or tokens have died due to lack of information from the developer team or the developer team is leaving the old project to work on a new project. This often happens because we can see the low transaction on the market and the inactivity of trading in the market so that many tokens are delisted from exchangers

I believe if we invested in top 10 altcoin in CMC it won't give us much profit than invested in unpopular token right now, once those unpopular token getting more popular, that's when we will see ATH from that token price and our investment will be turned multiple times.
Bitcoin is accepted in many countries as alternative payment, that's why the price is higher than other crypto.

I only see few projects that are going to die, these are scam team and teams who won't continue to develop the project. And the reason why they may not continue the project is because their funds run out. This couldn't really happen to projects doing ICO in the past years if the team are managed wisely which could the platform they use could be involve. Those teams hasn't sought this out before particularly the team developing under the ethereum flagship.

This is why teams these days are preventing the drain of money out of their hands by not distributing the bounty tokens until the bullrun they expect comes.

We have 30k altcoins already? I didn't know that. Maybe not more than 10k is my estimate. But this guy has a point on these projects. Except maybe on some altcoins like ETH, XRP, Stellar and maybe few more. These coins are in the top 10 because they work harder than the rest of the altcoins. 50% attack is such a pain in the ass. We will see in the future which of these coins are still there. I now agree with crowdfunding to be government registered. Heads should be rolling (don't make it literal) when projects fail. Investors should be protected.   

You are exaggerating it a bit too much, mate. Do you seriously think that there is not a single decent altcoin in the market right now? That is an opinion that stretches far beyond the reasonable bounds. What do you consider decent, by the way? If you are looking for a perfect project with a perfect blockchain network without a single glitch and problem, then you will find none. Even the Bitcoin network has experienced problems. Its network clogged sometimes, the size not enough, etc.

For the unprofitable altcoin, yes, they will not survive in the bear market. That altcoin will disappear as soon as the market reset so that the useless coins will delist from all exchanges. But many other altcoins can survive because the project still running and still update to reach every phase they have. If you check on the marketcap, we have a 2415 coin list currently, but only 2054 is still struggling in the bear market. Perhaps, in the next bull market will give them a chance for them to rise again, so we know which coin will have a better position.

I agree with your opinion, many altcoin projects are abandoned by their investors because they cannot keep promises according to the planned roadmap and also cannot develop their projects as investors expect. But on the other hand there are more and more new projects offering new concepts and solutions to users, but still ... among them only a few can survive. The rest is a failure because they can only make concepts without being able to realize them clearly in social life.

Although i agree that Altcoin market is already crowded but still there are lot of commodities out there that needs help to be discovered and to be develop in which using Altcoin is the one way to make these things to become possible so for me Altcoins is very much needed and it will depend to investors on how they will dispose wisely their resources for their future investments

true it will never recover again once the price is down.  Wherein even the team behind build new idea to avoid risky situation its still useless. Because you know investor nowadays always declined a project when there's a fluctuation or hard fall in the growth rate.  Reason why nowadays there's a lot of project that can't succeed and always become abandoned after the fluctuation.

In this world of cryptocurrency where majority is decentralized, it is very easy for different developers or to the people who can program that they can create their own cryptocurrency or copy someone's work and just tweak a few little things to come up on what they called their own creation. There is a lot of altcoins and it really clutter the market because most of them are useless and just created for the money. I hope that in the next few years, developers will create on somehow useful and original and not like these types of altcoins that are just made for the sake of money.

There are a lot of altcoins. But we hard to find good altcoins to invest. My personal opinion is you can trade altcoins. But you have to focus on top coins in the coinmarketcap. Because those coins have good volume and listed on top exchanges. The next thing is you have to take the profit at the correct time.

This mindset is also what most people used to do when bitcoin first appeared. Many people underestimate, but who would have thought bitcoin becomes very valuable at this time. So, don't underestimate, don't the top-ranked altcoins have cheap prices first?
All have time, therefore there is an analysis with the help of indicators on charts, news and rumours that come alive. If indeed at any given moment there is a good chance of altcoin, then take advantage, if not then choose a safe way, for example choosing stable coins for a while, or bitcoin if there is a good opportunity too. This decision all depends on whether for the short or long term.

Yes altcoin is already too many, but people are also more that the alts itself.
Many project with a good potential die because of not funded enough, this is happened because many investors are afraid to invest in cryptocurrency because many scams last 2 years

It is unclear how you managed to determine the exact objective price of altcoins. The market shows the most objective picture every moment of time. On the contrary, I see that there is progress in the development of cryptocurrencies. And the fact that most of them are subjected to various attacks, well, it's a test of strength, an occasion to improve technology. In Bitcoin, too, not everything is so perfect. I think if Ethereum or any other coin came first, you'd be singing the praises of It. Good top altcoins definitely have a future. Programming is a hard job, not so easy, but developers are improving their products.

but altcoin are not that good for paying for something out of this forum, unless you use the biggest altcoin that are very STABLE, it's a matter of stability in price not so much of how many transaction there are, many shitcoin just are there for making bitcoin, this prove also my point

It is not about stability. If you prefer stability over everything else, then you better stick to fiat and their stablecoin representatives here which are basically not cryptocurrencies at all. I prefer cryptocurrencies that are offering low fees, faster transactions, and widely acceptable. That could be solely Bitcoin in the future but for now it has to be shared among other altcoins such as ETH, LTC, EOS, XRP, DGB, etc.

you are confusing a couple of things with each other. being a shitcoin and being profitable don't exactly relate to each other even though they should.

i have the same exact views as you. i have not seen any decent project for ages. all of them are either copying each other or re-doing the same thing as before without any innovations. that is only if they aren't creating a useless token!

but that has nothing to do with people buying them and making profit! i also believe that your 90% drop expectation is logically reasonable but realistically impossible because they have already dumped that much and even though they are still over priced but the market pumpers don't care about that. they have gotten their money out and would want to pump them again to make more money. so we can easily see pumps in these shitcoins even in their over-priced state. which is exactly what has been happening over the past  2 years ever since the 2017 altcoin pumps ceased. they have been choosing dumped altcoins and pumping them every now and then.

AFAIK, most payment processors (and casinos) now accept BTC, ETH, BCH, etc. compared to BTC, they (altcoins) offer cheaper and faster transaction fees. It's undoubtedly not suitable for store of value, but can be beneficial for purchasing various goods and services over the internet (medium of exchange).

Glad you finished your post with 'perhaps then we will find out who was milking them for profits in 2019', i belief that nonsense altcoins won't survive this year and i prefer a company that have been in existence for years back and have based token as means of payment, they will hardly die or fail

Now we are heading for the moment of truth in crypto space, its no new thing that many bad coins and tokens will die but in return we will start seeing new coins that have something good to offer in the end, i am so supportive of this current market condition, the moment of truth is here

We will see more altcoins going out of league as they scummed to the bearish market and it's sad to see some of the altcoins which has a really good potential with a great team is also struggling with the bearish market even though they have a real good product for betterment of our future, I think we will be able to know the truth in bull run as we cannot judge any altcoins during bearish market alone.

The crypto trading and altcoin investment is riskier than anything else so you be prepared for all situation and i agree with you after 2017 crypto market is still in bearish season and may remain for a long time as the G-20countries are not serious at the moment to regularize the crypto market(this is my own opinion).

Thought bitcoin dominance is whats affecting altcoin not following in btc footsteps? anyways we will see what 2020 will offer, at that point in time i will be able to make my decision then, i believe that few altcoins will survive mostly because people might start making them the next best bet but in time we will see

Everything about our recent civilization is an experiment. One giant try and error and there is nothing particularly wrong with that.
I guess we already have the right to demand, at least some, additional effects from all those altcoins. If all they do is coping from the original idea, then I see no point in supporting this. We all have a good diagnosis here and yet nobody is able to propose sensible solution, cuz there is no good way out. Information is the key, people need to know, need to learn on how to recognise the naked king, that 99% of altcoins are. No way to enforce this without harming bitcoin itself, only spreading the word what's left.

if the old one is still functioning properly and produces why you have to gamble for new altcoin. if you really want to invest in altcoin, you have to search carefully if you are lucky you will find diamonds in a garbage heap.

Taking this way too far isn't bad but who would have thought that such a certain altcoin would evolve from this to such a greater extent. Investors left from their conclusion because it isn't worthty of their time believing it would hit their expectations soon. What I mean to say is that, as soon as they foresee such coin that wasn't good they'll be leaving it as it is. As it passes as well to the other investors making the coin's situation much worser than it hasn't been yet already.

Take me back in year 2017 specially in December when bitcoin market goes sky-rocketted as it made investors a millionaires on their own. And in addition, bitcoin still dominates the market that's why altcoin got dumped way too early.

well that's only of gambling website, not on real store on internet, gamble website are notorious for accepting altcoin, because they can evade tax and shit like that, but bitcoin can be used to purchase real stuff like hardware thing for your computer on famous website like caseking, etc...

There are altcoins made of stuffs, but they seem not be going or moving anywhere. Part of the reason has been that the team lack the technical know how, to bring the project to the pedestal of actualization. They struggle sometimes with some processes and et stuck. So the little fund they get are being misused and the eventual shortage of fund to continue. You should know that the resultant effect of that, despite the great idea, is that the project dies off and is not resurrected.

There will be bigger problems right now if altcoins never existed, i think altcoins are been born to walk along side with bitcoin as the supporters, its just that bad coins are making it hard for other good altcoins, in time many of them will die and all we need is patience

Totally agree with this. Why go farther if the existing one could still give you a sufficient benefits. You don't have to look something solid about altcoin as long as you can get the benefit you are looking for it is good.

Bet you have high standards there?

Besides altcoin doesn't even have the ability that could surprise as long as Bitcoin still dominates the market. Invest and then if it grows that's good, it may be a little but it could be enough for a while 'cause bull run ain't in the scene yet neither been exposing signs. Be cool, and do your thing.

one should not be looking at alts as competitors to BTC
they are means of making BTC is all
thru speculation or by design (i.e PoS), Altcoins are made as a means to collect more BTC
of course all these alts are crap they not supposed to be better then Mother BTC ;)

BLOCKCHAIN is the tech here remember, BTC was just the first example of good use case

All you need to do is think about this. There have been over 5000 altcoins come since bitcoin debut in 2008. All claiming to be the next big thing. There have been coins like Ethereum claiming to be a better bitcoin with their fancy smart contracts. during all that time not one of them have challenged bitcoins market capitalization spot. Most of those coins aren't even around anymore.

Furthermore, every other shitcoin has a central lead team or foundation or whatever than can influence the development on its own. In bitcoin every change requires broad acceptance and then we have the BIP process, that anyone can participate in. So you tell me why anyone would waste their money investing in shitcoins?

patience and it is important to make the right choice. if you bought a lot of shitty coins that are destined to die, then your patience will die with every drop in the price of these coins

well , that a high class criticism.
at least are you not impressed with the new discovery from ETH?
mostly yes, like you say , but some such as ETH,LTC,XLM,even EOS and Tron.
they make the crypto world better .
and also i dont know why u say stellar is useless,since stellar just not profit organization for multi-currency payment network.
of course people buying them for send money faster and cheaper than BTC.
i know btc is usefull , and number 1 on crypto world.
but we cannot deny also that another alt have certain uses.

if we must avoid buying shitcoin in market if we survive in market.only good coins that worthed to buy, usually in top 20 coinmarketcap.if we don't carefully analyze altcoin, this will be a big problem for us. portfolio value will be reduced a lot if we buy shitcoin in large enough quantities. in some cases we've heard the news, that someone is willing to sell his house just to buy bitcoin or altcoin.

Agree, not all coins are worthy of long-term investment. Many altcoins which are pump and dump projects or their developer team are no longer actively communicating with their communities about the development of projects or products produced. To be safer, indeed I think the top 20 is a good choice because of the liquidity that is always available in the market

What altcoins ? If we see the top altcoins in coinmarketcap, they are actually good altcoins.
Early investors of top altcoins got big profit already because top alts price exceed their initial price.
different with altcoins nowadays, most of them are failed to raise enough funds in initial offering.

after launch bitcoin network, all of others take a look on that, they create their own altcoins, but their is a very important point, that is trust about those altcoins, in near future many of projects gonna scams some of them never come back, so i have search about those and i came with good idea about hawk network and their team, you can also get know about hawk network more within below link https://twitter.com/Hawk_HKC/status/1185539270456553472

I do agreed. It does even seem that those altcoins which are already in the market for years are the ones that are having chances of recovery from the negative market behavior we are seeing at this moment. The factor in my opinion why new altcoins are fading after being listed is the community of investors. Today is not the right time for new alts because investors are afraid at this moment to invest unlike before wherein there is a high tendency to earn profit from investing to new coins in the market.

For that reason i beg to disagree! As i know that some other altcoins are still productive till today. busy of fulfilling its usecase and function, avoid comparing 2017 since that time it was only driven by hype and media frenzy most of investors that jump on the bandwagon is just because of FOMO and end up nothing but losses. But we cant deny the fact that most of the new alts today are just milking cow by those fraudulent developers thats why keep vigilant always.

Indeed that there's a lot of altcoins coming but not everyone are worthy. Due to number of altcoins, a lot of altcoins are being over powered by those who already are popular. Well I guess, they're creating different coins aiming to be that successful just like bitcoin. But it'll be hard for them to reach that point since bitcoin already faced a lot of challenges yet still managed to survive. But we can't erase the fact that altcoins also give a role in the market.

the biggest advantage of bitcoin is that it is decentralized unlike all other coins and no one can kill it any day

We can not expect the most perfect in a decentralized system. On the contrary, we know how greedy and selfish mankind is, and it certainly shows up where they are. Even if this is the case, we know what we need to value, and as long as we are, why should we stick to such small obstacles? I think the current situation is much more advantageous than unnecessary regulations.

Don`t forget about possible quantum future. Just in several years may be invented computer which will be able to attack even bitcoin`s blockchain.
Today cryptocommunity needs to obtain new type of thinking, a lot of here on bitcointalk say that we lost everything because of bad ICO scammers...But we have to look in future and help with our ideas and efforts to create something new protected and reliable.

I love the opportunity to choose freely a cryptocurrency that suits me best. You don´t like it? It is a free market, everyone is free to create a cryptocurrency and you are completely free to invest or avoid this cryptocurrency.  8)

Altcoins that started earlier actually had a decent foundation and a decent technology, but along the line, we started seeing some of these shitcoins join in the game, thereby diverting the attention of user that would have continuously be patronizing these former projects to keep making their community grow.

I must tell you that it is because of these diverted attention that has made lots of these popular altcoins not have an expanded community more than the previous community they have had in the past which are actually still maintaining the project but does not have the capacity to make it grow further, before you can really feel the effect of altcoins is if we can actually have regulation, of which regulation will definitely cut down the number of projects that we have and eliminating the bad ones amongst them.

I believe that the most altcoins will not make it to stay stable during the upcoming several years. Without a competent team management, a working product and a solid community support, it would be impossible to stay on board in the future.

Not all altcoins will make it in the future, some will soon meet it end and it will recieve no support from all the investors here. Bitcoin and all of the most powerful altcoin at the moment will surely make it in the future, they gain all the support and the patronization it needed unlike other new altcoins which needs to promote a lot before gaining recognition. Most of the pioneer altcoins gained a decent foundation unlike those that are new which has very little support from investors, we don't have to worry about them anymore and look forward on the more productive altcoins existing nowadays.

very true that you convey in your opinion altcoin or other crypto currencies without the support and trust of many people will not mean anything even the coins will not last long, maybe in the future there will be a good altcoin and growing very rapidly and useful for investors who use it

Basically, very few will be selected by the world, those that can provide support and benefits to most of the crypto users. Those that have a redundant features will not be necessary, as they will strive to always become on the top, meaning to say, that the team should also focus on regular updates for their coin to remain on the market. Just like what the Ethereum does, it shows it legacy from the smart contract, and I'm pretty sure that this altcoin can survive on the market.

I think now investing in altcoin is very risky because the altcoin market continues to decline. and I think this year is the worst year for altcoin. the altcoin market is depressed most altcoin investors choose to sell their coins before experiencing greater losses. due to the depressed altcoin market bitcoin became dominant. although many new altcoins have sprung up but they cannot last long and eventually die.

Million altcoin have listed on exchange market but hundred altcoin delist from exchange market too, by launching new altcoin in exchange market get chance to make profit with new altcoin investment, but almost every new altcoin do not have stable price where can dump just one week after listing on exchange market, very risk if make new altcoin investment assets for the future.

Now you can invest in altcoins with a short-term perspective. if you analyze fundamentally and technically, you can earn 10-15 percent a week.

A big issue with altcoins is the lack of trust. If you can't trust the coin, you can't support it, and with no support, the coins keep dropping. There is more than enough support when times are good, but when they are bad, the community falls apart. Everyone runs for BTC and/or stablecoins because they know that they won't lose money if they invest in stablecoins, and they know that BTC will bounce back eventually. Bouncing back is only a certainty when it comes to BTC, while altcoins can only drop so far before they cross the line beyond which lies only failure.

Now, as soon as Bitcoin begins its downtrend movement, altcoins fly down 2-3 times stronger than Bitcoin and this is what investors are afraid of. they are afraid of huge losses.

It is necessary to distinguish between the price of altcoins and the performance and development or decline of their project. If the price of our tokens has now fallen by about 90 percent compared to 2017, this does not mean at all that these tokens and their projects are dead. The price of tokens has now fallen, because Bitcoin has a tough price dominance in the cryptocurrency market. Unfortunately, we still do not have free prices for cryptocurrency. Token prices are falling because there is such a market now. This does not mean that these projects are in decline. They can still develop perfectly and many of them continue to develop. Of course, fraudulent projects and useless altcoins are also many. However, there will always be many altcoins appearing and many useless ones disappearing from the market. Everything is developing and we do not need to rush, altcoins are generally useful and they need to be given time to prove themselves.

I think you are focusing more on comparing the success of Bitcoin and Altcoins based on their prices but if you look closely and really check development strides, you will see that some Altcoins has done some wonderful things, although many of them are quite obscure and have not been adopted worldwide, that doesn't lessen their impact in my opinion.

Well, i believe Only few alts will survive in the next couple of years buddy
But, bitcoin witout altcoins will have no huge movements mate
And for good and solid altcoin, the price is not overpriced, even in my opinion its undervslued buddy
And how did you knew if the amount of cryptocurrency is about 30K ? Because at coinmarketcap its about 3k buddy,,,

One thing I like about your post is total honesty on what you think, that's cool. To be candid, most altcoins I've believed in have failed in fulfilling what they have on whitepaper. What most projects have on whitepaper are usually hyperboles, with fake promises that will never be achieved in a bit to lure in investors. That said, some few projects have impressed me with regards development. I was surprised to see that a project which barely crossed softcap achieved so much development in a year, while others which raised whooping sums, hitting hardcap haven't achieved anything remarkable. For altcoins, be extraordinarily careful when making investment decisions.

It’s too early to say that most altcoins are bad and useless. The use of tokens is multifaceted and they provide people with real practical convenience.
Bitcoin is only a universal coin, a means of payment and a means of accumulating value. In addition, as a means of payment, it has not yet finally taken place.
Regarding altcoins, there is no need to rush. They are now very actively developing and let everything go on as usual. Their development should be transformed into something more perfect.

Just because there are 10's of 1000's of coins/tokens does not mean you have to buy them. You can choose to ignore them. Of course, the vast majority are crap. People are just making working currencies with no use. We already have working currencies to pay for things yet there are still currencies coming out to "solve that issue" they will never be used since they do not need to be used and they do not fill any gap in any market. It is just currency generation. Just because Bob decides to start selling bobs awesome tokens does not mean a single thing. It is like being a CEO or company owner. It means nothing and anyone can be the CEO of their own company. Just like anyone can make a cryptocurrency. So there are going to be 1000's of copies of pretty much the same thing and even the same algo. People should be use to it by now and use to ignoring it by now as you would ignore advertsiing spam you have already seen 5x.

There are too many altcoins in the market and it is because of the competition. Investors want a unique characteristics of an altcoin and thats why there are onlt few altcoins that keep surviving. Most of altcoins are now discarded because of their not good characteristics.

Altcoins are really so many because people have seen them as a quick way to make money-write a white paper,  design a website, issue a token on either Ethereum or Waves and voila!  You're rich!  So many projects/tokens exist that are useless and will die off naturally.  Even before any form of regulation,  some projects will naturally lose relevance. Bitcoin is still the major cryprocurrency,  and for good reason.

i don't think it's about competition because when so many altcoins are made it is like the way they or the developer to get profits quickly and from that opportunity then altcoin and tokens will be released more and of course it is a global concern because many investors are caught in such projects which will certainly have a bad impact

That is world of cryptocurrencies, other than others, making ordinary people make money easily, that's business. Although the ecosystem is growing rapidly, and most of it is filled by fraudsters. That is cryptocurrency, foreigners will not know what kind of business in it.

Even there are a lot of altcoins in the market. Most altcoins in the market do not have any value, that is why most crypto users called them "Shitcoins" because of having no good value at all, but even there are a lot of altcoins which don't have any good value good thing that there are still altcoins like ETH, XRP, BCH, BNB, USTD and many more that can still have a better value in the near future.

Hi, I've wanted to ask about prospects of GRAM token, I have found many positive about gram, but is it necessary to buy it now?

Yeah, long term investment. I do not trade, never tried, but just want to have some reliable coins in my wallet, what do you think?

And where to buy this coin? No seller on the web so far, or price is not affordable, I have no idea how and where.

This is cryptoexchnage? Can I buy with USD? I do not have any crypto.  :(

Ok, buying now, thanks for piece of advice

There are still many out there altcoin that has the potential to successfully complete its vision and mission.

Altcoin actually still has the potential for the future and achieve success. it's just that projects like altcoin mostly do not have ideas and solutions to create a new innovation in the public, and not infrequently if the developer has run out of ideas usually slowly will be abandoned, well this is what we can call Shitcoin (enemy of investors). and I agree with you that bitcoin is the main cryptocurrency, and this is good.

I'm not surprised if many people have opinions like this. Many ICO scams, many exchanges are hacked, many scam issues make many people afraid of cryptocurrency especially new coins
but i believe there are so many coins which have good value in cryptocurrency, we just have to be smart to find them
yes, one of them is bitcoin. bitcoin is a king and no one doubt it

One million different altcoins in the crypto world will benefit you, as long as you can use them and can choose altcoins with great potential so that you can benefit, on the other hand there are also many altcoins that are not yet on the market, so many people are have altcoin but can't be used as money or can also be called junk altcoin.

I agree with your opinion, do not look for new altcoins that are not sure good, as long as ETH and Bitcoin are the best altcoins and the top level of other altcoins. Why look for new altcoins, ETH and Bitcoin are more potentially more convincing to invest, especially now ETH and Bitcoin are declining and I think all of you will benefit from your investment even in the long run.

Some people enter the world of crypto just for profit. Whether it's investors or bounty hunters. Yes, they don't care what happens to the research and development project. If there is good news from RnD, then it is a profit because the price will definitely go up. In addition, RnD does take a long time to see results, and will certainly continue at any time. If the OP sees that nothing has changed, maybe the next 5-10 years will feel the effect. Slowly but surely because there is always trial & error.

one million Altcoins in crypto and only a few will to give profite because there are still many Altcoins that are not yet listed on the market. At present there are many Altcoins junk out of millions of coins in crypto and in my opinion only a few Altcoins have great potential in the future that's is Ethereum, XRP, Bitcoin Cash and Litecoin. of the millions of Altcoins that have emerged at the moment only old coins have a bright future.

With million altcoin listed on exchange market with have million chance to get profit with altcoin, how come is there on exchange market only available with several altcoin, maybe our chance to get profit with altcoin trading or investing will be less. But when got million kinds or altcoin we have big chance to get profit with altcoin and get benefit how to trade and invest with altcoin, if one altcoin lower price we have chance with other altcoin

If you don't care what happens to the research and development project, you will lose your money.

People hear too much about cryptoncy, about the BTC, about the money. But, they did not do research on a project in which they invest. That's probably mistaken. I think we need to verify them by yourself and control our greedy.

Btw, many altcoins grew fast and strong, don't compare all, please.

Crypto is volatility and decentral, when you enter this project you must understand the consequences of this risk. Just because you don't like some altcoins which might not benefit you, you can't hit all altcoins as a shit coin. You also can not equate crypto business such as binance exchange and platform eth which has its own chain with a large company owned by Microsoft.

Look, I found some kind of altcoin MEDIUM in the top 20 https://neironix.io/ru/cryptocurrency/medium, which is not on the marketmarket cap, what do you think about it?

30000 cryptocurrencies
Omg and 99.99% is trash/dead projects. Crypto space need to be cleaned

very true what you say, I also doubt even afraid at this time to hold altcoin. although more coins appear now, I will still be faithful in holding bitcoin, and altcoin which has long been in the market. everything people say about coins that just appeared, to me bullshit. I do not believe, because I suffered a loss early last year because I tried to keep coins that had just appeared. maybe all of that will be my bad experience, and it will be a lesson to always be careful when I want to save altcoin for a long time.

In my opinion, only 10% of altcoins are profitable for investors because altcoins do not have much value in our lives so altcoins are only considered as a tool to make money. Most investors do not care much about the potential of those projects because after the price increase, there will be a lot of big adjustments. Currently more than 3000 altcoins are available at various exchanges and you need to research the best altcoins to make a profit in the bear market.

Of course, you are not always lucky to find good altcoins to make money because this market has great risks that you cannot avoid.

I 100% agree with you, there hasn't been much of an imporvement after creating bitcoin. 99% of altcoins are useless too and creating for profit purposes. Btw does Monero has problems with privacy? Cause I know and have heard from a lot of people, also bitmixer owner stated that Monero is the best cryptocurrency for privacy protection.
The sad fact is that developers really don't care about improvement, ethereum's algorithm wasn't asic resistant and they weren't working on improving it too. Create something and leave it on it's own isn't right, everything needs development.
But still that tech compare is a little bit odd to my mind cause that's science and research plays a huge role while in cryptocurrencies ideas are main ones too.

Agree, among the more than 3,000 altcoins on the market today, I think no more than 10% have a developer team with high commitment to their investors. Many altcoins are left behind by the developer team or don't have the product, so they are abandoned by investors

indeed nothing new. Most of the same altcoin, nothing different. everything is just selling ideas without reality. sell empty dreams that other people want. too much shitcoin to make the current situation like a landfill. them, the ICO dev is looking for personal gain. and I think the only thing that remains valuable is Bitcoin.

Indeed. Basically a coin that was dead yesterday only sought profit in opportunity. As Op said, until now there has been no real use case on coins or tokens top. Though this is very important that will bring the world of crypto is not ogled anymore as an instant money search tool but more to technology. Hopefully this crypto habitat will be more mature in terms of development and of course for all good things.

Large exchanges have potential coins with a periodic delisting system, the rest choose to be passive and free many things. If millions of low-quality coins are traded and eventually reduced to 90% too often, it will make many investors lose money. This is not good for building perception

sometimes quantity must also move on to improving reputation, or many lay people will consider altcoin as a repository of fraud with so many coins made without reliable long-term development reserves.

I am not going to talk about all crypto currencies because I don't consider all of them to be strong and beneficial. New coins are just created to attract investors. Now it is fault of investors that they choose new altcoins instead of bitcoin or a good altcoin. Bitcoin, the first crypto coin, was never created for just attracting investors. From the very beginning, it was trying to help people financially and it has.