The biggest problem of altcoins

[verziagra]

Yes, altcoin is still influenced by the value of bitcoin. big and many influences that made the decline occur this year. the biggest percentage occurred in altcoins up to 20% decreased.

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[HarveyMatthews52]

Today, Altcoin is experiencing a lot of problems making their value more and more signs of going down. It is probably because governments and banks are harsh about cryptocurrency. However, this decline in value may have been around for a few months, possibly in the late months of 2018, with the value of Bitcoin and altcoin likely to return.

[fing ter]

At the moment people know without risk nobody can make a profit so most of the business is risky.

[JeffreyElvis]

....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 will not completely agree to this. You can see some coins are literally taking the edge right now and btc’s position is not pretty good. Coins like PRG, ICX and LISK shall rise very soon and can easily dominate the market.

[KenyonCarter]

....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 might have agreed to it if btc’s position was stable right now. See there are coins like Lamden, Power house and Wanchain that are going to be listed on new exchanges and are working excellently in the market.

[wedar001]

One day there will come a period when one of the altcoins, for instance ethereum, overwhelms bitcoin capitalization and afterward the reliance on bitcoin will be much lower. Bitcoin isn't the most innovatively propelled coin, it would be sensible if in a few years it loses its situation in the main 1.

[BlackBoxRecords]

I saw month ago - NEO has done it pretty good , i mean it did not fall in price, when BTC went down and dragged all altcoins with him. For me this is a good sign , that coin gained the power and not so dependent from Bitcoin.

NEO is fine, it tends to have news from time to time, so it pays to be watching the twitter and the official channels to know how will it move. It is a good one.

[vverrita]

Scam is the biggest problem of ICO. It is better to choose them when buying

[Diglimigli]

We can say that the day when Ethereum becomes independent of Bitcoin will be the biggest day in the history of cryptocurrency. This will put an end to the autocracy of Btc

[bixorastexante]

I largely agree with what you wrote, Altcoins really depend heavily on BTC, because it is the leading element of the market. However, soon, I suppose all this will change.

[early_adopter]

I agree with you, but for the moment I don't think much can be done, as most exchanges sell alts with bitcoin or ethereum, as long as this parity remains the same, alts will always be affected by bitcoin ups and downs, That's why we need the alts to be tradable by fiats, but that's complicated by the number of alts in the market, I think that could be achieved if there were a maximum of 10 alts in the market, I think coinbase tries to do something similar, but it's still in progress.

[btcoin]

Yes, Altcoins are slightly dependent on BTC, because it is an indicator of the crypto market, however, soon, Altcoins themselves will become indicators. Eth is almost like that.

[clarise123]

There are many problems with altcoins but I think the biggest problem with altcoins is the decrease in market value. because we know people will not sell tokens when they know that they are so low that they are waiting for the money to increase the amount of money they receive.

[loonb]

of course biggest problem is volume. lol. but that's not immortal problem, some day we can see btc is second place in coinmarketcap.com

[aalborg]

Come on, 50 k is not a target for this year anymore. I believe BTC will reach 50 k one day, but it will happen in 2019 or 2020 year or may be later.
Don't wait for fast profit, market cap is growing and multiplication is lower.

[madoka]

The significant issue with the altcoin is at whatever point the cost of bitcoin diminishes naturally the cost of altcoins will increment. Indeed, even some won't rely upon bitcoin likewise in light of the fact that in the wake of raising some sum they will begin bamboozling financial specialists and it will end up zero.

[sfidler31356]

Everyone knows how much bitcoin has grown in just one year. A cryptocurrency as well has increased tenfold. High volatility is not only negative for the market overall , but its a plus. Because the returns can be huge.

[suhano]

....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.

One of the biggest problems in altcoins is the ability for its sustainability of the business to deliver the investors and stakeholders with the expectations it promised during the ICO of their project. Thus, people felt being cheated and would probably leave the market; further, the market price of that altcoin will surely decrease. The realization of everyone is that ICO projects seemingly inconsistent as to being profit oriented. Somehow the reason is subjective. But we cannot lay the facts that it might be true...However, it may prove true if no one realized a profit. Thus, everyone gets profit, so as to prove an assumption - it would be difficult.

I also noticed many projects create unrealistic expectations and are often not able to meet aggressive milestones in the roadmap. Also many projects don‘t have rhe experience, expertise and connections in the market as it is their first shot at blockchain. Of course this is nowhere highlighted and often investors are mislead about this too

[iotic]

I think biggest problem is there are a lot of coin. And we know some projects are scam because of this people do not trust the altcoin investment.

[Sasha Grey]

The main problem now is the number of coins, this makes competition very tight and difficult, lots of good coins or tokens must be eliminated and unable to compete, this is what makes us have to make regulations about making coins immediately.