Are altcoins dead?

[Morguk]

The altcoin market will never die and this year has proved that! In 2014 I remember when loads of these alts were coming out and being mined, pumped and dumped. After that I thought alts were dead, but just look at 2017. Insane market movements in altcoins, taking huge total market cap away from Bitcoin! Even if alts appear like they are dead, trust me they are not, they will awake from their sleep once again!

[faimloup]

Focus is on the Bitcoin bull run, and this is going to soak up investment. As the market continues to mature altcoins will continue to grow. The utility coins should start to come good next year and that will create a major shift in market sentiment.

[yonton]

Who said money will flow into altcoins after hardfork? You should slap that guys face, clearly he has no idea.
Altcoins are in bear market since August, don't you notice that? Even if they cover USD value they are losing against BTC because of the BTC rally.

It was the general consensus in almost every forum and article that the main driver in the recent bulltrend was to obtain free fork coins.

[Geleve]

You can not generalize altcoins. For example ethereum is an altcoin. Do you think it is dead? Many icos use ethereum technology for their tokens.

[BitcoinVSfiat]

Every single altcoin made 15x - 20x this year. Do you think they will grow non-stop?
Don't expect anything big in the mid-term. Smart money came and got their profit. It won't happen again this year.

[jingyang]

you can not be serious, dude :/  i do not think like you
I think it's a great time for altcoins

[ctyong]

Not entirely agree with your statement. Alt coin is not dead, probably few of them are. Daily volume wasn't dead at all. There are still ongoing progress. Once the fork is done then alt coin will be back for business. Just my 2 cent as there are few serious coins that have my faith on them.

[CMSig]

Altcoins haven't died.  The market is currently consolidating towards the top and the mass amount of coins being released seem to be spreading the higher risk speculative traders across a large portion of them.  You can see this because large caps have 6 coins making up 84% of the market and Mid caps have 15 coins making up 13% shows people are moving their investments into a smaller group of coins.  That leaves the small and micro caps coins that only make up less than 3% of the total market.

[kryptqnick]

Another one of this? make it original people!

yeah they're dead, as dead as a 100 billion market is

Much of that is in bitcoin forks. Its expanded in the amount of coins but no growth in any of them.

Make it 80 then, it's still a huge amount of money... a lot of these coins are growing steadily in price and acceptance; there are 90 coins +50 Millions... I'd not call that dead.

Yes, of course we can't say altcoins are dead. They dropped a lot during September but some are now very close to full recovery. Iota is $0.7, Neo is $37.. I guess altcoins are not doing as good as bitcoin is but they are still alive and their marketcap is huge. More and more of new projects appear, some of them have rather important ideas behind them. What's more, when the prices are low, it's great time for investors and altcoins. Eventually these huge price drops might turn out in great profit and we'll remember these times as ones when it was easy to get rich.

[suncokreten]

Some of them are dead for sure, some will recover.

But I agree, we have never seen such a long correction and bearish atmosphere. I'm pretty conviced all these non sense forks where they print money out of thin air made people loose faith in cryptocurrencies.

Hope the market wakes up again (August was awesome).

[nhote]

Not entirely agree with your statement. Alt coin is not dead, probably few of them are. Daily volume wasn't dead at all. There are still ongoing progress. Once the fork is done then alt coin will be back for business. Just my 2 cent as there are few serious coins that have my faith on them.

ah sure, the fork... what fork?

[xypos]

The 2x fork is over and not a drop of money has come in to altcoins, the market is dead.

Incorrect. Dash and XMR got pumped to the moon but now we're seeing the dump. Just normal market activity here and nothing to worry about. Other altcoins are just resting and pretty much going sideways, this is a great signal to buy.

Altcoin markets are definitely not dead. It's just that bitcoin is attracting a lot more atetntion right now.

When BTC stops pumping like today, altcoins will go up.

[salterious]

The 2x fork is over and not a drop of money has come in to altcoins, the market is dead.

I dont think you can declare it dead right away. Perhaps it is a bit of a bear market at the moment, perhaps people dont want to invest into alt coins given all the forks and blood baths that keep happening. I say let all the

markets calm down for a couple of weeks and then see where the direction is trending. You would literally think the market is bear one day and bull the next day if you went off one day sentiments, this isnt correct way to go

[nhote]

Who said money will flow into altcoins after hardfork? You should slap that guys face, clearly he has no idea.
Altcoins are in bear market since August, don't you notice that? Even if they cover USD value they are losing against BTC because of the BTC rally.

It was the general consensus in almost every forum and article that the main driver in the recent bulltrend was to obtain free fork coins.

that's true, but this confirms that one should not trust forums cause they are full of clueless or self-interested people. BTC rally has been driven by mainstream attention and especially adoption in new financial circles. as mainstream and institutional investors come in, they go for what's known: BTC. there will be BTC major correction and trickle down effects eventually, but hard to predict when. until then, alts' trend against BTC will be mainly bearish.

[Egenen]

Pretty sure they all seem fine.

The coins are much stronger now that the whole thing has cancelled. Bitcoin Cash received a pump not that long ago.

[slowlii]

Who said money will flow into altcoins after hardfork? You should slap that guys face, clearly he has no idea.
Altcoins are in bear market since August, don't you notice that? Even if they cover USD value they are losing against BTC because of the BTC rally.

It was the general consensus in almost every forum and article that the main driver in the recent bulltrend was to obtain free fork coins.

I don't see hard forks or soft forks as the vital things affecting the future of altcoins.

Altcoins need to stay alive with their roadmaps and products. Everything is not the bitcoin actions or market actions. They should achieve this first for a stable altcoin market.

[tiggytomb]

Alts are anything but dead, they are doing great, bitcoin cash do not forget is an altcoin also and that hasn't been doing too badly of late, alts will have their day but they are definitely not dead that's for sure.

[Fileiro]

Ever heard the expression: "Buy low, sell high"?

[carriebee]

I do not agree with you altcoins never die dude.
I think it's a good time for altcoins. look https://coinmarketcap.com/

Altcoins has the time to Boom in the market. It is not definitely dead though price for altcoins is cheap but it will have the momentum to hit in the exchange.

[thorvald]

Yes, compared to their highs in June of this year they are dead. But humand greed will pump em up again and after that they will be dead again. This is crypto cycle. =)