Altcoins and Their Rugged yet Graceful Journey | Short Story!

[aoihs00]

Altcoin, in most generalised way people know this coin as a coin which is created after the bitcoin or other than bitcoin. Now there are versatile definitions for this type but in the end it turns out to be anything other than bitcoin as we see it today. Altcoins really amazes me in a way they are existing today because there had been long journey of some of the first altcoins. Now a days also whenever there is an altcoin which is coded over smart contract it starts its journey from scratch to big block!

There is big conspiracy behind an altcoin existence and their journey is always rugged no matter what people say about it. Many people come with an attitude that "altcoins are shitcoins and they should not exist". Some of them start throwing the stones as soon as they are created in the market because they are the one with bad experience from the previous altcoins in which they might have invested earlier. Besides this, there is still a group of people who are very much pleased to have an altcoin because they think bitcoin is too costly and they see bitcoin's initial stages in an altcoins and thus might get to see pumps like those of bitcoin, and thus it becomes blessings for them rather than any sort of shitcoins.

This all exist and is group of different people with different opinions. Most of them are worst and few of them are cool with an altcoin investment.


How an Altcoin Starts its journey?

Most probably it is coded over smart contract over a selected blockchain. Then its tokenomics is decided where its price, circulating supply, sale pre-allocation, ICO-allocation and stuff related to its purchase and sell is pre-decided. Then comes the symbolisation of the same. Here many ICO's put forth competition over the forum for creating the bets logo for altcoin. Then bunch of people jump in with their tools and weapons of designs and start raping the altcoins concepts. Literally! After election of a sign there starts a war that the coins design was selected on unfair basis where there are far better coin designs and voting was cheated. And this is where an altcoin realise its been raped badly. Lolz.

Altcoins in Bounty

This journey starts when most of the important stuff is finalised for an altcoin and its project. Here % of whole circulation of altcoin is allocated to bounty programs where small and big hunters jump in and try to grab as much altcoins as they could. This they do with a dream that they will become billionaires or millionaires by gaining more and more altcoins. So war begins with killing other bounty hunter and trying to get as many coins as one could from all the possible campaigns.

Altcoin are Cursed before Distribution

After heavy war over bounty,  stakes are allocated to everyone and then altcoins per stake are calculated.
Due to heavy shit loads of people participating in single bounty most of the time one stake equals to 1/10th or 1/20th of altcoins. Thus, it rages fire among the participant and they start ruining that altcoin with big curses, abusing its quantity and quality in all the possible way. They create headache among the managers and become too sticky around the telegram chat groups and kill the altcoins by abusing their project ideas and quality.


Altcoin are Cursed after Distribution

After one month or two altcoins starts dropping into the various wallets and then starts the fire of "When exchanger listing". lolz.
If that altcoin is not listed real soon in an exchanger then they will start abusing altcoin by saying that its fake currency and it wont work and this project is scam and much more abusive statements are made against that altcoin.

Keep on reading, altcoins journey is still harder . . .


Altcoin are Cursed after Exchanger Listing

So if finally by any chance an altcoins made it through hard way above and got listed over an exchanger then it is dumped hard by all the participant. Its value which looks like premium one at the first time get devalued and literally that altcoin becomes tradable at 1/10th of ICO price. People start abusing the managers, admins of project, team members, and that particular altcoin by appealing that it is the worst coin in the market. It is scam because it got dumped so quickly and stuff like that.


Altcoin are Graceful


After being tortured, abused, cursed and killed these are the altcoins which make it through the exchangers, starts receiving good volume some day (this could be year or after millennium  ) and then new people jump in and starts calling it as legit project.

Most of them start creating new topics about that altcoin and start calling it the next bitcoin. 

Thus, that Altcoin receives its respect at the end after such rugged and non realistic journey and it stays happy thereafter.

 


P.S. This is just a story of general altcoin for fun purpose and at the same time to understand what it means when we say An Altcoins.

[trecore4]

Lolz.
Thats a funny article. So in short all the altcoins are poor guys who has very struggling life time and all they get is abuse for their existence yet people are using it widely. Its really true fact that people just use altcoins for their own benefit and for profiting but no one really likes them in reality. They just use it, thats all the outcome of this article is and I guess it is true at some point. Most of the people hate them because they capture the market of bitcoin and divide the investments but I do believe that same people also invest in the altcoin because they know its cheap to invest and profit from them. Yet everyone abuse them. lol.

[aoihs00]

Lolz.
Thats a funny article. So in short all the altcoins are poor guys who has very struggling life time and all they get is abuse for their existence yet people are using it widely. Its really true fact that people just use altcoins for their own benefit and for profiting but no one really likes them in reality. They just use it, thats all the outcome of this article is and I guess it is true at some point. Most of the people hate them because they capture the market of bitcoin and divide the investments but I do believe that same people also invest in the altcoin because they know its cheap to invest and profit from them. Yet everyone abuse them. lol.

Yes this article is just for fun but at the same time to learn many things from it. For example, we can understand how people behave when they say altcoins and their investment into it. There always had been long gone argument on altcoins existence while at the same time people are heavily investing money into them so that they can profit from it a lot. This they do all the time. This article is for all the BTT people as they can know many things about the altcoins by learn with fun technique. Hopefully everyone will take the time to read it carefully. 

[RadiontLoss]

Even though this article had humor in it, it is true that altcoins are deemed as the alternative one. Even with all these being said, the altcions are still very much needed in the market.

[Sact]

Altcoins have never got the proper respect it deserves. It has given the proper backup for the investors who were facing losses because of bitcoin and gave them benefits by its cheap prices. But those people are accusing altcoins for capturing market shares of bitcoin.

[RehitUpon]

That’s a funny article. Most of the altcoins of 2017 has shown very poor performance and others are somehow hanging there. You are right about the bounty campaigns that too many people participate in the bounty programs so they get very less coins. But not all altcoins are shit and we might see the better ones yet to come out, maybe in 2019.

[StringFire]

I think this not a sad but actual story. Altcoins have never made anyone milliners but bitcoin has done it. Altcoins are cheap coins that are just capturing the important market cap of bitcoin. So I don’t think altcoins need any sympathy.

[Zheko87]

altcoins give fast profits and a quick loss, at the distance anyway will win BTC holders

[GreotDollyce]

This is a really sad story. It is like you curse the one who helped you in your tough situation. Altcoins have been the low prices coins since its birth. It has helped people to get profited when they were facing losses by bitcoin. But the same people don’t like altcoins because altcoins are capturing the market cap of BTC.

[hasimkamal]

You tried their to describe many thing about crypto briefly and hope that's  will be help them who are searching for this type of information.

[TurveyDrop]

That's definitely a good article and very helpful for newbie's. Hope this is reliable and have no invalid information but there invalid information that's will gone wrong.

[LateMoveR52]

Really this is a useful article. If it's not contain any invalid information then it will be help many to gain some concept about altcoin.

[JofryTheKing]

Read it all up to the middle and understood only one thing, that, as a matter of principle, we all lost our part of the capital and are trying to find the reason. And the reason is not even in the  Altcoins but in speculation in the market, including this also applies to ordinary investors.

[sidneycrypto6]

I don't really agree with you. Altcoin is a digital currency which was discovered as an alternative to Bitcoin. It always wanted to fill up the limitations of Bitcoin. There are many altcoins in the market. But only a few of them has survived and reigned in the market.

[jackpot888]

Altcoins were created as an alternative to BTC. So in a sense, whenever BTC would be doing poor in the market, the people will go to the altcoins. Even with that, the coins have come a long way in the market.