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Author Topic: The biggest problem of altcoins  (Read 4834 times)
xxxkiselevxxx
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March 05, 2018, 06:14:14 PM
 #101

BTC is a grandfather for which everyone follows both to the bottom and to the top , but perhaps everything will change the cryptocurrency market is only being built
LeadS85
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March 05, 2018, 09:14:53 PM
 #102

BTC is a grandfather for which everyone follows both to the bottom and to the top , but perhaps everything will change the cryptocurrency market is only being built
I think that many good coins are at the initial stage of the project. But "grandfather" is near 50% of capitalization og market. On the one hand this is not very good, but on the other hand, everyone knows why such a growth of Bitcoin... Grin Cheesy Wink
vectorshield
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March 05, 2018, 10:21:16 PM
 #103

....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.
A coin can move independently from bitcoin but they need to reach a certain price if they do not then it is logical they follow closely the price of bitcoin, you need to deal with it and accept it trying to deny such a thing is only going to give you losses in the long run and if you are like most investors then I suppose you are not here to lose money but to earn it.
dunfida
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March 05, 2018, 10:33:01 PM
 #104

....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.
A coin can move independently from bitcoin but they need to reach a certain price if they do not then it is logical they follow closely the price of bitcoin, you need to deal with it and accept it trying to deny such a thing is only going to give you losses in the long run and if you are like most investors then I suppose you are not here to lose money but to earn it.
There are really coins which can able to manage to be strong even bitcoin is on bullish run.They do able to withstand such trend and doesnt effect majorly to its value.Only potential coins do have the possibility on sustaining for longer terms and trash would eventually dump out in the market.

The biggest problem of altcoins is huge quantity differents kind of coins. peoples can't to see, to understand, to learn about it. its very diffeicult to decide which of them are useful and profitable in future.
When we do talk about on investors side then this would be the problem yet there are already lots of coins in the market which would really divide out the potential value of a certain coin which is really worth it.Too much too choose since numbers is flooded throughout the market.

nuggetbram
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March 10, 2018, 08:15:00 AM
 #105

The cycle would still continue and cant be stopped as long this cryptocurrency world do lives.Bitcoin cant guaranteed on not to be replaced by an altcoin.It all depends on the people who do support it we cant say that this would last forever and we do all know that technology do evolve as the years goes by and people might seek for more updated and more features that might able to see into newer coins.
enlightened
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March 10, 2018, 09:47:19 AM
 #106

I think that the biggest problem of alcoins is a big quantity  different kinds of coins. It so difficult to monitor trends and news about it and too difficult to decide which coin is good and promise big profit.
Azizjon92
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March 10, 2018, 12:05:40 PM
 #107

....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.

this is really a very big problem. I bought bitcoin and then bought altcoin for bitcoin and when bitcoin fell in price my Deposit also fell, although altcoin may not fall relative to bitcoin. I probably will trade in tandem with the dollar against bitfinex than paired with bitcoin
beej
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March 10, 2018, 07:03:26 PM
Last edit: March 12, 2018, 09:11:17 AM by beej
 #108

I agree, I must admit it's a very discouraging circumstance that seems to be more of a heavy predicament
especially when it goes lower as bitcoin goes down at the same time. It seems to struggle to breakaway
from bitcoins orbit in the market since they are indeed heavily affected with how bitcoin behaves. But with
that dependence from bitcoin also carries in an unlikely overlooked advantage as bitcoin's price climbs,
altcoins are also able to do so. It would be interesting to have a coin utterly independent of bitcoin's
performance within the market.
nata2904
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March 10, 2018, 08:38:25 PM
 #109

itkoyn and altkoins are completely independent, their price depends on supply and demand, so there is no problem, since the alcottage can support the same demand.
Jordanuttos
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March 11, 2018, 02:11:58 PM
 #110

....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 in altcoins that they are very dependent on external market and major projects that might affect hiking projects. Not everyone can purposefully develop over years, without investors.

Never give up
duchaiyb
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March 11, 2018, 03:09:08 PM
 #111

My choice for NEO, I think it will grow suddenly that you can not imagine
MFTHC
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March 11, 2018, 03:28:29 PM
 #112

Yes, a lot of coins has some drawbacks, but it's early in the industry, and it will make you a lot of cash.
lovesybitz
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March 11, 2018, 09:14:27 PM
 #113

The biggest problem of altcoins they don't have intrinsic value it's all underlying perception of its true value if bitcoin will get burst. Probably if the block reward will decrease on 2020 bitcoin will increase and from that year some alts will fall but some will rise from ashes.
nobetci
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March 11, 2018, 10:22:45 PM
 #114

....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.

You are right. I also think bitcoin's popularity is almost everything for the all altcoins, and I really don't like that. I hope to see a cryptocurrency world, which has altcoins that are gaining popularity and value just by their innovative features.

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erasheed28
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March 11, 2018, 10:28:18 PM
 #115

....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.
We can't do anything about it because most of the pairings in exchanges are in BTC and ETH, ETH could be the next thing if bitcoin falls its integrity and relevance to the market but as of now all of coins/tokens will still depend on BTC.
A dump in btc price could lead to dump of alts as well as during the pumps that is true.

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farland7
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March 12, 2018, 09:51:28 AM
 #116

The problem is that bitcoin affects everything. Including general dynamics of the market. Many new projects cannot develop their own path.
goaldigger
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March 12, 2018, 10:11:48 AM
 #117

I think it should be like that. Bitcoin is the pioneer of cryptocurrency and it becomes the basis for creating altcoins. Therefore, any movements on alts can be related  to bitcoins. One thing is that , people, including me, first saw bitcoins before looking for something new like altcoins on their investment. Im also looking forward to ETH for its potential to become the second bitcoin.

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sweetmakak
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March 12, 2018, 10:12:34 AM
 #118

....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 think altcoin manipulation is much easier than btc and by this I don't invest in such.
sehoon
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March 12, 2018, 02:25:38 PM
 #119

....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.

Even ethereum isn't even that close to bitcoin right now. I think bitcoin will be the king of cryptocurrencies in a long period of time. And I think right now every crash and rise of the value of the altcoins also depends on bitcoin.

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March 12, 2018, 03:16:44 PM
 #120

The biggest problem is altcoins.
There may be many things in the altcoins problem. For example when the price of altcoins goes down. it's also a big deal because we've bought a high price suddenly dropped in price with a low.

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