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Author Topic: is this the end of altcoin ?  (Read 612 times)
parliament96
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October 27, 2017, 04:18:25 PM
 #21

not all altcoins just the bad ones and scams and this is a good thing . solid altcoins will survive and we understand they are serious about what their doing
InvisibilityFP
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October 27, 2017, 04:20:58 PM
 #22

no bro, not like that, altcoin never end
are you know the reason why altcoin created? to overcome the circulation of bitcoin only 21M.
so altcoin not end

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tomahawk9
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October 27, 2017, 04:31:51 PM
 #23

lately when viewed in the market the price of bitcoin always go up slowly every day, and when the price increase it happens it certainly has an impact for other coins as well. This is seen by slowly falling altcoin prices well maybe not all altcoin was falling down but it even almost all are this is the end of altcoin ?
No, it doesn't mean the end of altcoins, it's alway been like this, and as long as bitcoin exists then altcoins will continue to exist. If the BTC price goes up, then altcoin will take a hit but they'll recover soone or later, if BTC price goes down, then altcoins will get a surge in the price but eventually they'll see a correction. Sure, some altcoins will dissapear in the long run, but the demand for altcoins won't stop. Investors, traders, support from the crypto community and many other factors will keep altcoins alive for a long time.

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October 27, 2017, 04:34:09 PM
 #24

It's normal things to see altcoin got decrease when bitcoin getting pump since they adjusting their value toward bitcoin.
If altcoin also getting pump when bitcoin also got pump either, it means that altcoin's demand also increase and it's popularity is getting higher than before
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October 27, 2017, 04:35:06 PM
 #25

Isn't it just a case of BTC increase causing altcoin decrease as to retain the altcoin's value in FIAT?
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October 29, 2017, 04:45:34 PM
 #26

Most likely just a slump in the altcoin market as everyone is converting to BTC in preparation for the fork.  Give it time and it will rise again.
It won't be the end of Bitcoin or any Altcoin. The price goes up and down and more people panic each day when they notice that, even if the price goes down half a cent. Just relax.

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October 29, 2017, 04:52:36 PM
 #27

I think it's part of the lifeline of every crypto currency that has been happening. I mean, not all the time Bitcoin and Altcoin to pump everyday, there's sliding slope also that can be seen from the graph. But fortunately, if there's a price decrease there's also a pump back up higher. That's what Bitcoin's price graph is all about.

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October 29, 2017, 04:55:49 PM
 #28

I think this is the beginning. Most altcoins end in failure and causing trouble to some investors who don't calibrate accurately the risks. Regulation maybe the key for the future of altcoins. Japan, despite rumors of ban ICOs is studying regulation:

Although Japan has no specific laws for ICOs, they may be regulated by two existing laws. For businesses launching an ICO, the FSA emphasized:

        ICOs may fall within the scope of the Payment Services Act and/or the Financial Instruments and Exchange Act depending on how they are structured.

If a token issued in an ICO falls under the virtual currency provisions of the Payment Services Act, then businesses providing digital currency exchange services regularly “must be registered with each Local Finance Bureau that is the delegated authority to the Prime Minister,” the FSA wrote. So far, eleven cryptocurrency exchanges have been approved by the agency.
However, “if an ICO has the characteristics of an investment, and the purchase of a token by a virtual currency is practically deemed equivalent to that of legal tender, the ICO becomes subject to regulations under the Financial Instruments and Exchange Act,” the agency described.

More: https://news.bitcoin.com/japans-financial-authority-initial-coin-offerings/

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October 29, 2017, 05:22:21 PM
 #29

Vice versa, as I see, new altcoins appear, and experts of cryptocurrency market make prognoses about their future. They do believe that Siacoin has brilliant future. Bitcoin Gold that has appeared recently becomes popular. Soon Bitcoin Platinum and Silver will appear. Sure no other virtual currency has the value like Bitcoin has, but time flies, and altcoins can surprise us.
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October 29, 2017, 05:43:29 PM
 #30

not all altcoins just the bad ones and scams and this is a good thing . solid altcoins will survive and we understand they are serious about what their doing

I think it's just starting now . Most alt coins end up with the Failure because it does not follow rules . However, under the ICO alt coins in the market , it does not scam easily. If a alt coins token is in the rule of ICO, I think these alt coins get success .

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October 29, 2017, 05:47:40 PM
 #31

The bitcoin price hike has been extremely volatile in previous rises, with most of the coin falling to the lowest level this year and if you want to return to the old peak it will take another year to return to the price. before the deep down like this. But now the price of bitcoin is unstable so altcoin can drop and create a new bottom

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October 29, 2017, 05:51:30 PM
 #32

Once altcoins with teams and a product that start being integrated and used, that's when we will see a big market for altcoins.
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