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Author Topic: The biggest problem of altcoins  (Read 4834 times)
shilpy275
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March 13, 2018, 10:37:38 PM
 #141

....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.
The biggest problem of Altcoin many pump & dump group can handle this. As a result ordinary traders/investors become looser.
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March 14, 2018, 11:38:11 AM
 #142

At the moment all altcoins are interconnected with bitcoin. One day altcoins will start their own way... Perhaps coins will not react so much to the fall and rise of bitcoin. But there should happen something unusual.



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March 14, 2018, 11:42:47 AM
 #143

At the moment all altcoins are interconnected with bitcoin. One day altcoins will start their own way... Perhaps coins will not react so much to the fall and rise of bitcoin. But there should happen something unusual.

Think so too, its like Napster Smiley  I liked this comparison !
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March 14, 2018, 11:52:25 AM
 #144

At the moment all altcoins are interconnected with bitcoin. One day altcoins will start their own way... Perhaps coins will not react so much to the fall and rise of bitcoin. But there should happen something unusual.
It's just that no project should occupy most of the market by capitalization. Then the fall in the price of a large project will not affect other projects.

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March 14, 2018, 01:27:46 PM
 #145

....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.
The biggest problem of Altcoin many pump & dump group can handle this. As a result ordinary traders/investors become looser.

Ordinary trader will became loser if they will not let themselves know on what coin they are dealing with before tradings, since if they research before engaging with it then they can ride the hype brought by the whales.

But I don't really believe on dump and pump group thing called their since some of those proclaimed groups are just made for self profit gathering and some people who give some pointers with certain coins are trying to pump their coins to recover nor regain their capital back.

R


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March 14, 2018, 02:41:52 PM
 #146

The biggest problem of altcoins is their big count. I think in future most altcoins won't be relevant and will depreciate.
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March 14, 2018, 03:33:09 PM
Last edit: March 14, 2018, 10:23:00 PM by zhukovt34
 #147

The biggest altcoins problem is dependency from bitcoin, it will be good for altcoins that bitcoin market capitalization have lower share in all market capitalization, nowdays is high-more than 40%.
Altcoin projects must developed themselfs in a way to have more and more practical use, then altcoin would find bigger support and develop in a stronger pace! Cool

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March 22, 2018, 03:41:30 AM
 #148

It is only a matter of time only, bitcoin became the reference for the other coins because his appearance made the digital market crypto starts to dilate its name. reasonable just after it began appearing and are based on the price of the bitcoin. do not cover the possibility of the longer the coin will appear that can rival the bitcoin and I think the most approach is the ethereum.

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March 22, 2018, 06:08:34 AM
 #149

The biggest problem of altcoins is bitcoin. Probably all alts have a 99% correlation with btc, so it is not good for long-term investors, because when bitcoin will die, the price of all altcoins fall very much and many of them also die.

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March 22, 2018, 09:11:36 AM
 #150

Biggest problems with altcoins is that their performance is measured in terms of BTC
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March 22, 2018, 09:18:33 AM
 #151

Bitcoin-dependent altcoins are inevitable in the market because Bitcoin is currently the oldest cryptos and the highest rate. Most of the current altcoins belong to the Ethererum network with Token ERC-20 technology. So the ethereum rate is reduced, the remaining altcoins will also decrease because ETH is heavily dependent on Bitcoin rates.

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March 22, 2018, 09:51:43 AM
 #152

Of course, the price of bitcoin affects the situation of the entire crypto-currency market and who denies it apparently does not understand anything in the crypto currency. I doubt that in the near future altcoyins will be able to dislodge bitcoin from the leading positions.

Currently, the market trades around 15% of the total, but the market does not stop evolution and is periodically restructured. And only time will put everything in its place. You need to remain flexible to change. In a couple of years (all of a sudden) everyone will believe in Bitcoin Cash or Dash that he will become Bitcoin's main competitor. All people themselves turn with their systematized belief in a certain outcome of a particular coin.
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March 22, 2018, 10:25:03 AM
 #153

Bitcoin is still the most valued cryptocurrency, but it is not necessarily the case that other coins will be completely depended on it in the future. We will see  Grin
I think that there will be other currencies to surpass Bitcoin in the future. After all, the latecomers will have more powerful features.
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March 22, 2018, 01:27:36 PM
 #154

Very much true, the market follows as bitcoin is the dominant one. It may not be the same forever
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March 22, 2018, 05:35:26 PM
 #155

Crypto market usually called high-risk, they say, investing money in it involves the expectation of high incomes, but also with increased risk. However, in fact, capital behaves exactly the opposite - in bitcoin (and therefore, given the positive correlation between the crypto-currencies, and in all kriptonok) there is an increase in investments when capital sees the danger of slowing the growth of the world economy.
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March 22, 2018, 07:18:25 PM
 #156

One of the big problems in the altcoin is not being given too much value. some altcoin are being processed well below their value. which is very sad.

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March 25, 2018, 12:03:34 AM
 #157

In my opinion, the biggest problem altcoin that exists today is still too dependent on bitcoin prices. If altcoin had a different and better concept of bitcoin, surely the world of cryptocurrency would be more interesting and varied.

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March 25, 2018, 06:25:51 AM
 #158

The biggest problem altcoin I think more and more emerging new coins will certainly turn on the world of cryptocurrency. It's just that the problem of many new coins that do not penetrate at the time of ICO and the price in the market is not in accordance with what was promised on ICO. so for investment should be more careful in choosing altcoin. Thank you very much.
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March 25, 2018, 10:10:42 AM
 #159

....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.

I agree with you. that's a big problem. my briefcase is mostly made up of altcoins, and he's been through a lot. or if the exchanges introduce another pair of dollar / altcoins, the situation may change. but then it is possible that bitcoin will collapse
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March 25, 2018, 11:01:15 AM
 #160

The biggest problem of most altcoins is that they do not carry anything new and useful in themselves.
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