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Author Topic: Is the altcoin era over ?  (Read 4614 times)
pereira4
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January 30, 2017, 05:16:30 PM
 #61

As long as we have an active market with tokens to buy and sell i'll be happy even if bitcoin is the only relevant blockchain.

We may have a lot of new assets as new applications are found when bitcoin sidechains are released, since a lot of developers may not feel confident with ethereum and will bitcoin sidechains instead.

As far as altcoin pumps... NAUT just went up 134% for some reason, so you can still make big gains.
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February 01, 2017, 07:32:41 AM
 #62

I think it is era of digital coins bitcoin and altcoins
because strats many people and corporations that investing on bitcoin,
and some people there are building altcoins
Something make me interisting are the marketcap of digital coins
very large. https://coinmarketcap.com
s1gs3gv (OP)
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February 01, 2017, 09:48:01 PM
 #63

Something make me interisting are the marketcap of digital coins
very large. https://coinmarketcap.com

Yes, thats an interesting observation. But to put it in perspective, the market for hot dogs and sausages in 2014 was about $65 billion dollars.

~LOL~

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February 01, 2017, 09:50:40 PM
 #64

The cryptocurrency market is still pretty young. If the majority of the world starts using bitcoin, then the wealth will spill over to the other altcoins. There will always be people looking for alternative investments.
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February 01, 2017, 09:51:01 PM
 #65

Altcoin era is not over it just started and that is so good because we can trade with that type of money and make more money really easy on internet what is perfect for somebody who dont know to trade in forex but most dont know.
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February 02, 2017, 02:27:51 AM
 #66

Does useful innovation improve adoption ?

Nope, a lot of the innovation has been implementing by a lot of the cryptocurrency but it seems like can't encourage new adoption, the alt users are the bitcoin users itself.

But that does not have a high accuracy.

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February 02, 2017, 06:02:38 AM
 #67

Altcoin era is not over it just started and that is so good because we can trade with that type of money and make more money really easy on internet what is perfect for somebody who dont know to trade in forex but most dont know.

It is not going to be over unless their father is going to be out of the league, and that's bitcoin. As long as bitcoin will exist, it's subordinates which are the alt coins will also exist and will remain in the market. Without bitcoin, alt coins are going to be a single project that will be implemented without value unless someone will invest just like the starting days of bitcoin.

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February 02, 2017, 08:10:54 AM
 #68

since it is an open source technology and there is always room for innovation and development and as a result seeing better things, I don't think the era  can be over. specially since crypto currency concept is a new thing and it is interesting too.
the fact that we don't see anything good, just shows there are so many scammers, and wanna be rich over night people who only know how to copy paste code. and their so called altcoin will be flushed and forgotten soon.

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February 02, 2017, 08:13:41 AM
 #69

Bitcoin and altcoin are never over, they vould be having some hiccup, but they will last forever, reliable altcoins are profitable in the long term.
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February 02, 2017, 10:46:33 AM
 #70

I am new to crypto, what strikes me is how unprofessional things are, how many amateurs have started alt coins and made money. I think alt coin era hasn't started yet.
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February 02, 2017, 11:23:43 AM
 #71

I am new to crypto, what strikes me is how unprofessional things are, how many amateurs have started alt coins and made money. I think alt coin era hasn't started yet.
The era of the altcoin will be starting if the altcoin will be accepting on the common marketplace.  You're right, altcoin era hasn't started yet. Too many the fool newbies wants to make his own coin for money without skill and experience. 
The scam ico has told an amateur about the fuckin morals to build your shitcoin for money. 

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February 02, 2017, 11:52:05 AM
 #72

Of course not yet, there are a lot of alt coins that gave profit to user from trading, a lot of alt coins just not popular enough that is why the price become low, some of the coin offered a great innovation, but the trust for alt coin is very low due to a lot of scammed attempt
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February 02, 2017, 11:55:51 AM
 #73

I can say its over as altcoins are used as a cheap source for crowd funding to run these ponzi schemes and very few devs have shown commitment for their altcoins which in the end don't get the required investment as we have lost confidence in them!
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February 02, 2017, 12:55:04 PM
 #74

surely the new waves of scam after scam and copy shitcoin after one another is killing the altcoins and making all of them look terrible as a group but at the same time, that is not all there is to altcoins. there are still good ones out there, although hard to find and sometimes you get even disappointed in those coins too.
but there is still hope, and that is why i say the era is not yet over.

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February 02, 2017, 01:04:52 PM
 #75

If not, what innovations do you think future alts will bring to crypto ?

is this a joke? altcoins over? altcoins have been steadily increasing and gaining overall marketcap for years. Yes we have our dips, but each year we end up with an extra few million on the altcoin-wide cap.
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February 02, 2017, 02:06:03 PM
 #76

I personally believe it is not and new, better innovations are yet to come.

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February 02, 2017, 02:26:10 PM
 #77

The altcoin era will never be over unless bitcoin and the rest of the cryptocurrency fails. Otherwise, there will be a new " batch " of altcoins created. Most of the altcoins will fail with only a small percentage of them surviving in future. It is a good chance to buy cheap coins when the price of altcoins drop.

     

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Spoetnik
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February 02, 2017, 03:54:45 PM
 #78

I personally believe it is not and new, better innovations are yet to come.

What a crock of fucking shit.  Roll Eyes

You all spew idealism and a feigned interest in "tech" chanting innovation etc.
Problem is you are all 100% full of complete doge shit.

All of you showed up here to pump & dump Altcoins for profits to get your hands on Bitcoin.

..morphing the scene into a massive digital token pyramid scheme machine.

You show up here and caw like crows about having ooooooooooooooooooooh so much fucking integrity
then pop over to Poloniex to trade the latest hyped up shitcoin bullshit for ROI'z.

This forum is LyingForCashCoinPonzi.org

Cry FUD and cash out...............

Will it continue ? Yeah.. just as it is now.. accomplishing nothing.
No altcoin has done a fraction of what Bitcoin has yet.

You all parade around what ever is popular as the next big thing chanting "one day".. while not lifting a finger to get them adopted.
Then you vanish when it's not popular anymore.
Simply because you had bags.. and then unloaded them.

Will it continue ?
Of course it will.


The Pyramid scheme machine scene will roll on with new entries at the bottom of the pyramid.

Crypto personified in 1 picture..


FUD first & ask questions later™
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February 03, 2017, 02:23:54 AM
Last edit: February 03, 2017, 02:39:20 AM by okiefromokc
 #79

Adoption is everything, innovation is good to have, but only if it drives ADOPTION!!!

Unless there is mass adoption by Joe & Jane consumers that can use the cryptocurrency at WalMart or some local point of sale terminal to buy stuff, there will be no adoption of any crypto currency and that even includes bitcoin the mother of all the altcoins.  If the Old Farts like me cannot use a debit card to pull crypto directly from my crypto coin wallet, without going thru a 3rd party payment processor, such as VISA I may as well just use fiat currency.

And the real issue is the blockchain crypto's cannot do direct payments from a debit card, because they have to read the entire chain to get payment confirmations.  Thus the elusive mass adoption will not ever be available to a blockchain oriented crypto currency.

----------------------
This is from a Reddit post on bitcoin adoption, that I read this morning... the numbers seem about right, but the post was from a year ago.

Bitcoiners tend to inflate the userbase.
What we know since Mt.Gox, is odds are exchanges are faking trade volumes.
We know twitter followers are up to 90% fake for bitcoin related activity.

What you should take from this...
Stay away from bitcoiners as they will lie about anything and everything to increase the value.

Estimates based on calculation and observation:

Total people with bitcoin 200,000-400,000
Total daily active bitcoiners 3000
People who own up to 90% of all bitcoins <500
It has been confirmed under 50 users own a quarter or more.
Roger Ver owns an estimated 4% of non-lost bitcoins. Satoshi 10-15%.

So, the bottom line is that bitcoin is not a global currency that is even remotely distributed in an equitable manner... and with the centralized miners in China it is even worse... imho
realm
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February 03, 2017, 02:33:48 AM
 #80

Altcoin era is not over, shitcoin era is over. It ended with the ico period. These were the last coins to get the crowds help. From now on I feel like any coin will have to show some progress in order to gain the respect it demands.
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