Majority of altcoin = scam

[Mahanton]

When btc dump, they dump
when btc pump, they even dump harder wtf

Welcome on this cryptoworld buddy and these things do really happen and its not really surprising and for sure you would already get used to its later on. Altcoin and Bitcoin do work on these way sometimes they correlate to their price movements sometimes they do go on opposite ways this is why its really very risky when we do make use of this analysis anytime. Diversion of techniques and trading ways would really be needed.If we trade smartly then for sure we would gain money in the end of the day.

[Intristing]

When btc dump, they dump
when btc pump, they even dump harder wtf

Welcome on this cryptoworld buddy and these things do really happen and its not really surprising and for sure you would already get used to its later on. Altcoin and Bitcoin do work on these way sometimes they correlate to their price movements sometimes they do go on opposite ways this is why its really very risky when we do make use of this analysis anytime. Diversion of techniques and trading ways would really be needed.If we trade smartly then for sure we would gain money in the end of the day.

That is right. If you buy the top 10 mineable altcoin, then it is possible to make some profits.

[Kurokyy]

That is how altcoin cryptoworld works now. They keep on creating an altcoin for the sake of money without having a plan for long term or a roadmap to the project. Just choose an alt coin that has good and active team with experience which is good to hodl for a long term like 3- 5 years of HODLing. Forget about top 300 below shitcoins! This will never make you rich

[digitalgame4life]

When btc dump, they dump
when btc pump, they even dump harder wtf

Congratulations on figuring this out. The trick now is to find which ones have a potential future and which ones don't, as you are right in 5 years a lot of these so called "alts" won't survive, or still be worth pennies if they do.

Of course I think a lot of people actually do realize this truth and are just playing musical chairs taking advantage of the profits offered by the pump and dump nature of these coins. Just don't be the one left holding the bag when the music stops.

I totally agree on this one, when btc is dumping they are also dumping, that is nonsense and it shouldn't happen, if it will stay this way it will be ugly for the future of cryptocurrencies, if bitcoin is dumping the altcoins should move their own way and I hope this will happen in the future, there are alot of good alts with great projects so they are not all scammy, once they will break trough and be used in world purposes I hope they will lead their own way and eventually it will happen because the market now with dipping and depending on btc is shitty.

[layoutph]

Dude, altcoins is hooked with the price of BTC. So if BTC dumps they dump too. If BTC skyrocket they dump too. Lets wait for this BTC rally, and once BTC dumped from the top and touched the dip. You may now start buying altcoins in the dip. Expect profit!

When btc dump, they dump
when btc pump, they even dump harder wtf

[Intristing]

Dude, altcoins is hooked with the price of BTC. So if BTC dumps they dump too. If BTC skyrocket they dump too. Lets wait for this BTC rally, and once BTC dumped from the top and touched the dip. You may now start buying altcoins in the dip. Expect profit!

When btc dump, they dump
when btc pump, they even dump harder wtf

In the last few days, the direction of the coins are different. The altcoins are rising more than the bitcoin.

[trumper]

Not because of scam but because of lack of predictability, trust issues etc. Market can easily lose billions of dollars in hours so it is very normal dump and pump

[AleksBBB]

Thanks this was very informative.

[ArgentBit]

I would say that 95% of ICOS will fail.  Choose wisely.

[pops87]

When btc dump, they dump
when btc pump, they even dump harder wtf

Maybe you aren't smart enough to figure it out but most exchanges trading volumes are in BTC and thats why they also drop. The BTC pump and alt dump now because of the fork.

Ignored can't waste more time on clowns.

[xIIImaL]

Not because of scam but because of lack of predictability, trust issues etc. Market can easily lose billions of dollars in hours so it is very normal dump and pump

If you careful in choosing the right ICO you will be able to make big fund with the few dollar investment. You may know about waves and how they improved in the market and value bumped in the market place supply.

If you are looking for price bump and dump means you cannot able to invest in any altcoins buddy. You have read the white paper and then only it is good to invest your money.

[dietmarfritz59]

Play the market and win when they win, but get out before they fail. Then rinse and repeat.

[Andrew1337]

When btc dump, they dump
when btc pump, they even dump harder wtf

Hmm I am not sure that is a scamm . When bitcoin is going up , people prefer to sell their tokens for btc that's why is a dump . But do not worry after bitcoin is pumped he is flooding all alts back .

[kissme09]

I do not think you have a lot of coin when btc pumb is also the best pumb you should look for coin when bitcoin increases then it increases and vice versa. It is advisable for you when the bitcoin increase too high you look for coin of low capitalization then the value of coin if there is less will not be too large you will not suffer losses

[ezrakonia]

https://mobile.nytimes.com/2017/09/15/business/cryptocurrency-bubble-doge.html

This article is very interesting. The creator of it explains. The irony is that market cap of dogecoin 120 million. 120 million. Incredible scam.

[Fatunad]

Not because of scam but because of lack of predictability, trust issues etc. Market can easily lose billions of dollars in hours so it is very normal dump and pump

If you careful in choosing the right ICO you will be able to make big fund with the few dollar investment. You may know about waves and how they improved in the market and value bumped in the market place supply.

If you are looking for price bump and dump means you cannot able to invest in any altcoins buddy. You have read the white paper and then only it is good to invest your money.

This is why researching skills would really be crucial on this matter which we should really able to ride with the waves if we do really like to make money on either bitcoin or altcoins in the market.Their prices are not anytime correlated to each other which means bitcoin my pump altcoin will pump and can possibly goes on the inverted way which means we dont really know on where would prices would go but with the use of our knowledge and experiences we can able to make money but we should really need to face the risk.

[EthereumBoy]

I think also that most of cryptocurrencies are scams. There is too much hype around them and there is too much over valuation. Bitcoin is great invention and because it is biggest it is the best cryptocurrency for buying and selling stuff purpose. But now there is way too much value and I think better value would be about 5 billion not current 100 billion

[Gaius Cryptus Tradius]

I think we see right now a purge of alts. That is why there is blood. Only real good ones like LISK and ARK will survive and come out even stronger!!

[amaral1977]

When btc dump, they dump
when btc pump, they even dump harder wtf

Grossly there are 4 kinds of altcoins:

1- cryptocurrencies like LTC, XMR or ZEC

2- "platforms" like Eth, KMD or XBY

3- Securities : tokens used to crowdfund a company

As for number 1 there are few that will thrive and be part of a larger market with more than one crypto ( my fav now is monero)
For number two Eth is establish but i fear for the enoumous mount of junk built on it. I´m looking at Komodo and Xby. ( There are others off course!!)
For number 3 there are lots of them and the trouble is that you invest but don´t get a piece of the company and sometimes you are left with a useless token...

The 4th group it´s the trully new or enovative stuff. maybe IOTA IDK

In this sea of stuff there is lot´s of crap and scams the problem is finding the good ones...

[Niceguyjoe85]

I would say that 95% of ICOS will fail.  Choose wisely.

I think it was just also a speculations coming from other cypto currencies, but maybe if there is scamming happened I guess that it will fail sometimes but not scamming to people.