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Author Topic: Future of altcoins?  (Read 6188 times)
benedictonathan
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August 23, 2018, 11:41:33 AM
 #381

In my opinion what will happen to altcoins is that it will evolve further and it will stamp out all of the nasty things we are experiencing now like scams and dead coins and bad bounties. I will only become much more exciting and challenging for us to face the future with cryptocurrencies.


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August 23, 2018, 11:52:31 AM
 #382

Yes of course altcoins have a future within the cryyptocurrency ecosystem. It's just about picking the right ones to invest in. Ask yourself these following questions before investing in any project.

1. How strong is the team?
2. Does the project have sufficient funding?
3. Does the project have a big community?
4. What does the roadmap look like and have they been hitting their goals?
5. Does the coin/token have real world use?
6. What is the coins marketcap? Is there a lot of growth potential?


My favorite coins are

1. Spectrecoin
2. Nuls
3. Kyber network
4. Ark

I have chosen these coins because they have smaller marketcaps. These 4 projects have plenty of potential and a big future ahead of them.
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August 23, 2018, 12:15:38 PM
 #383

Many authoritative analysts say that behind digital money the future, and sooner or later the governments of many countries will have to reconcile to the new mechanism of the monetary relations.
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August 23, 2018, 01:22:22 PM
 #384

The people who bought bitcoins in 2013 are now rich. Even if today the price fell three times from the highs. As my investment, I chose Spectrecoin too. the project has a serious future as one of the leading anonymous crypto currency on the market. The project is young and promising, with a strong team and a clear goal. Therefore I put my bitcoins in there, while the coins have a low price
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August 23, 2018, 02:18:47 PM
 #385

People forget that market goes in Cycles

Before it was - NEXT BIG ALTCOIN, now - we are discussing if ALTCOINs would ever live.

1) They W-I-L-L live
2) Future is for those altcoins who solve a particulair human need and which market proposition is easily understood by people who are not familiar with it

I am myself invested in Spectrecoin

Why?

It is promissed to invent around Q1 2019 a new algorithm, Proof-of-Stealth, where you have your balance on a stealth address, totaly anonymously while staking it receiving rewards. How cool is that. Easy, yet not done before.

Do your research and find yourself gems, Gents  Smiley

Altcoins are going to STAY and for a reason
I have done my own research, and totally agree with your conclusion.  If I had some fiat, I would be bullish on Spectrecoin.  Sadly, I don't, so I will just hodl what I already have (with a little extra from staking rewards).
plpatel
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August 23, 2018, 02:32:37 PM
 #386

Everybody sees altcoins go to zero in the end. It will happen since everyone agrees, amrite?  Grin

Well seriously speaking, not fully, though I almost agree on this with you.
I have seen many altcoin projects going to dust which once where in limelight and trading high.

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August 23, 2018, 02:44:41 PM
 #387

Hi,

I'm just new to this forum.
What do you think of the future of all Altcoins?

I think only the good coins will survive..
Yes, I also agree with you that only the good coins will survive the market. The coin with good potentials, Strong management team and promising features will survive the market.

 
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Beachguy2
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August 23, 2018, 05:02:54 PM
 #388

Well, I'm old enough to remember the dot.com boom of the 90's when there were literally thousands of companies easily raising money from investors. People threw huge amounts of money at anyone that stated they were a dot.com project.
This is a very similar time.
Right now there are 1,878 coins and tokens (thanks to eth) on coinmarketcap and new ones almost every day.

Coins with a purpose will survive.....but it will take a few more years to shake things out.

My favs (with link in project name).....

wagerr - market= gambling coin -  Been out over a year now, bumps along the way ...tested well in WorldCup with NFL season coming up.  Value has held well through the downslide of 2018.

Spectrecoin - market= privacy coin users - Two year birthday of coin release coming Jan 2017, project manager was away for between June 2017 and March 2018 (health)....came back in March 2018 and got things really moving with a vengeance. Way undervalued, previous ath was $6 in Jan 2018.

chbt/wbb - market= enterprise blockchain for shipping, insurance,medical &legal Been out several years, was wildbeastblock, very under the radar....more so after the dev pulled out of exchanges considered them a distraction. Has everything working,including his own exchange, currently has customers and will go public very soon. Watch this one.

I do own others short term or a little longer....ravencoin, aro, block and such......
sort them out along as they do....or not do

I know everyone here has favorites and their reasons for being involved with any project. My advice is chose many and watch at least weekly for progress.

disclaimer - I should state that I am the Community Manager for Spectrecoin since June 2017 and an original investor from the project's November 2016 initial coin offering.

newbie account as my "Legendary" account was compromised here and so far not recovered.
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August 23, 2018, 05:17:42 PM
 #389

Even though Crypto has been around for some years now it's still a fairly new technology yet to really be adopted by the mainstream. So when looking at crypto in general especially alts I always try to think of use case as much as I think of growth potential. People get caught up in Bitcoins commercial use or lack there of and often seem to forget about Bitcoins primary function which IMO is simply as a symbolic abassador for the state of crypto and digital store of value. Alts IMO will assume the more functional real world applications of crypto, so that being said alts have huge potential. So here are my top picks for gain, growth and application.



1. Spectrecoin, Xspec  Spectrecoin - is a privacy coin that uses POS as opposed to POW to support it's network. With its tech it is among one of the few truly private privacy coins out there. It has a functioning product and strong team behind it that is continuing to push the coin forward. If successful with their roadmap Spectrecoin could be at the head of the privacy class by 2019. This would push Spectrecoin into the limelight/ mainstream and the coin would see tremendous gains being a small cap. So at a price of around .29 cents currently we could be looking at a value of $10 or more come 2019. This is not that far fetched as Spectrecoin already achieved an ATH of $6 in 2017 during the last crypto bull run with less resources and development behind it. This is definitely a coin to keep in mind if your looking for a solid return on your investment. As always patience is needed if you jump aboard.

2. Cardano, ADA - I'm not sure how sustainable blockchain is for the future and I could foresee a world where blockchain's tech is actually obsolete except for maybe bitcoin (being a symbolic store value) DAG technology may win out and if this happens expect Cardano to be a major player in the DAG revolution. The team behind Cardano is taking an excellent approach by excessively peer reviewing their work and constantly trying to streamline things. real world applications for Cardano are very limited as of now but a series of ADA ATMS are set for release in Japan relatively soon. When this happens expect the price of Cardano to skyrocket. At a current price of around 0.08 cents and former all time high of 1.25 I'd expect you'd see a good return in the next 2 years by investing in Cardano which I expect will hit 5.00 by 2020.

3. Banca, Banca - Banca is a new type of an investment bank community built on blockchain technology. It’s based on AI and an expert system which is used to create a platform to help inform investors or potential investors about potential crypto risks or opportunities. The cool thing about Banca is it offers a functional product, is a fairly new crypto currency, and has a strong team behind it. There is alot of room for growth here since Banca is still very young so investing now is almost equivalent to getting in on the ground floor. it is a large supply coin and is currently worth 0.0003651 but by 2020 I could see it hitting 0.02 cents. Thats not a bad return if you buy a cheap million Banca today.
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August 23, 2018, 05:17:58 PM
 #390

Hi,

I'm just new to this forum.
What do you think of the future of all Altcoins?

I think only the good coins will survive..

One day they would reach back there ATH .
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August 23, 2018, 05:30:22 PM
 #391

Many of them will die, it's absolutely insane how much coins do we have today and how much of them are worthless with no future. These coins will end, better will come, it's easy.

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August 23, 2018, 06:10:26 PM
 #392

The next months will show the future, I still try to stay positive, but we will see, I think that now it's not possible to say 100 % altcoins will go down or 100 % alts will go up. The predictions are different.

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August 23, 2018, 06:51:23 PM
 #393

Peculium is a great utility coin. It will survive and bring good profit in 2019. Just go and do your own research.
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August 23, 2018, 06:55:42 PM
 #394

Its all depends on which coins. You are right about only good altcoins that will survive. Which is only for major coins. Now there's so many new altcoins coming up, so I think the dev really need a good plan for the future. Not just creating a coins that will only have a good price in the beginning, but for a long term.

the big players in the business world have long used various ways to get financial profit for the development of their business, and today it is exactly the time when absolutely any ordinary citizen is able to realize his business idea thanks to the use of the crypto currency
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August 23, 2018, 07:14:58 PM
 #395

I think every coin that has a niche will survive... niche being a great community, specific use or functionality, etc... we just have to look at every other industry and how big the fat tails are, with thousands and millions of small products serving small niches

If you act cautiously, you will have a good chance to make good money. When you have confidence that several coins will be successful, then invest in them more funds
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August 23, 2018, 10:28:15 PM
 #396

Ever come to the time of alcoins? aaaaaaaaaaaa
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August 24, 2018, 12:14:58 AM
 #397

Hi,

I'm just new to this forum.
What do you think of the future of all Altcoins?

I think only the good coins will survive..
Yes. Altcoins with great protocol will only survive on this kind of market, you should be aware on that, because most of altcoins now are SCAM or not legit. Or most of altcoins now are just good in the beginning, not good in long term position.
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August 24, 2018, 03:26:12 AM
 #398

I am sure that the altcoin will live for a long time, as long as bitcoin still exist, the altcoin will exist too. but there is only the strong altcoin that will exist because the weak altcoin will disappear and cannot get more supporters from the people. and the strong altcoin will work together with bitcoin and will help us to gain more profit in cryptocurrency. and there will be many more altcoins that will release and will compete with the other altcoin to take the position in the coinmarketcap.

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August 24, 2018, 07:53:59 AM
 #399

People forget that market goes in Cycles

Before it was - NEXT BIG ALTCOIN, now - we are discussing if ALTCOINs would ever live.

1) They W-I-L-L live
2) Future is for those altcoins who solve a particulair human need and which market proposition is easily understood by people who are not familiar with it

I am myself invested in Spectrecoin

Why?

It is promissed to invent around Q1 2019 a new algorithm, Proof-of-Stealth, where you have your balance on a stealth address, totaly anonymously while staking it receiving rewards. How cool is that. Easy, yet not done before.

Do your research and find yourself gems, Gents  Smiley

Altcoins are going to STAY and for a reason
I have done my own research, and totally agree with your conclusion.  If I had some fiat, I would be bullish on Spectrecoin.  Sadly, I don't, so I will just hodl what I already have (with a little extra from staking rewards).

Well,

maybe you shouldnt invest all in one basket

But if Spectrecoin or XSPEC by ticket gets the publicity for its Proof-of-Stealth algorithm the price will explode, as it always happens with crypto in such situations and you maybe just as good with your current bag
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August 24, 2018, 08:10:22 AM
 #400

In my opinion, not all altcoins can survive in the Cryptocurrency market.
I think there is a possibility that many altcoins will fall.
There are only altcoins that have the power to survive in the Cryptocurrency market.
Coin market stamps work very tightly, which causes altcoins to survive and some cannot survive.
I am sure if the value of the coin price is strongly influenced by the quality of each coin.
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