The biggest problem of altcoins

[santino11]

Yes, the situation is really the same as you described. Especially now, after incredible growth, the topic of crypto-currencies has attracted too many people

The fun between bitcoin and alternative coins are really into the community,
people are joining the cryptocurrency madness because of the drama of all the coins.
Human really wants to have fun while gaining money and this digital currency is one of the biggest inventions that most of the people really want.

[Zuilhsa]

....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.

Yes the altcoins are completely dependent on bitcoin, if bitcoin goes green all the alts too shows the green signal and if red all shows red. There can also be some exceptions like NEO, NEM, siacoin, ark etc but still they too can't pump much they will be saturating here and there with little differences. So bitcoin needs to be pumped up in order for the pumping of altcoins.

[icoprofits]

As of now Bitcoin is completely depending on bitcoin chart sooner or later we see market respond to ETH then we can see paradigm shift

[Hamphser]

....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.

Yes the altcoins are completely dependent on bitcoin, if bitcoin goes green all the alts too shows the green signal and if red all shows red. There can also be some exceptions like NEO, NEM, siacoin, ark etc but still they too can't pump much they will be saturating here and there with little differences. So bitcoin needs to be pumped up in order for the pumping of altcoins.

Not all the times that altcoin would really comes after on where do bitcoin price go which unlike before when bitcoins price tends to dump then it do really tends to pump out but the case as of now i do see which when bitcoins dumps down it does eventually dump too.The biggest problem of altcoin in my own view is that they are too many altcoins in the market being launched which supposed most of them are trash and just copying other else idea for the sake of money without even intentioning that they would able to built it for the sake of innovation.

[Saveplus]

The problem in altcoins is we have no assurance for its development in the market.Pumps and dumps so sometimes we are get panic because of its crashed down.Not all altcoins would be successful like bitcoin value but being positive to it is our great assurance that it can be profitable soon in our investment.But all of them are depending on the bitcoin price so nothing to worry about their growth.

[ksiazek7]

Eventually the alt coins will detach from bitcoin.  Obviously right now the market seems to follow the up and downs of bitcoin.  This won't always be the case the time is coming where a large number of the projects are able to stand on their own two feet and will have enough support to make gains even if bitcoin goes down.

[lucas2008]

Yes ! I think Bitcoin are King. If it die, all altcoins die too.

[edhp]

There's way too many shit coins right now and it's getting hard to see those with true value from those that don't.

[crzy]

The problem in altcoins is we have no assurance for its development in the market.Pumps and dumps so sometimes we are get panic because of its crashed down.Not all altcoins would be successful like bitcoin value but being positive to it is our great assurance that it can be profitable soon in our investment.But all of them are depending on the bitcoin price so nothing to worry about their growth.

Even big coins experience the pump and dump things, so I think the problem with altcoins is they are depending on the price movements of bitcoin. I believe in some altcoins which offers great services so I think they can really survive in cryptoworld. Cryptoccurency is the future of all digital currency and I know altcoins is belong to that.

[Onestepinhell]

I certainly agree that there are a lot of altcoins in the market and there are such people as you say, which copy each other, but the altas will not go far. They simply will not be given life.
And that while bitcoin depends on all this, but in the future I think the minds of the planet will solve this problem or re-empower it...

[volf22]

so after all, if they are independent of bitcoin, then people will make pampas and dumps on those coins. There will be a same story

[Bolabi]

the current conditions are unrealistic. I think altcoins developers should also create realistic and honest projects. If your project is unattractive, no one joins and then the use of coins becomes questionable. And seeing new incoming coin trends, a competition will form in the future and that will also help make altcoin better.

[bhadz]

Yes ! I think Bitcoin are King. If it die, all altcoins die too.

True, that's the problem of altcoins. All of them are depending to the king, to bitcoin. And when bitcoin is also having good charts, it will be followed by them. Unlike before there's an opposite reaction, while bitcoin is moving upwards then alts are going downwards and vice versa. We all hate those pump and dump groups that are really pain in the traders who are happily waiting to take profits but this is how each market works, we can't remove them and they will exist no matter what happens.

[iljamlnk]

Young crypto currency, the connection with the bitcoin rate is high. As the popularity of altcoyin increases, communication weakens.

[YinShuiSiYuan]

Bitcoin is the biggest problem of altcoins. The prices depend on the bitcoin value. As the price of bitcoin grows, altcoins grow. As the price of btc falls, altcoins are falling. Therefore, if the bitcoin dies, the same fate awaits the altcoin.

[ROMANALADIN]

Ether has the support of large corporations, which is not the case with many others. Block-Cheyne Ether is advanced technology and a lot of projects are built on it. The Creator of Ether is a public person, this gives a sufficiently high level of confidence in technology.Call me at least one similar project other than Bitcoin, which has similar qualities and advantages?
The industry has to be moved by someone, and I already know who is responsible for this mission...

[getup]

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

it's not eternal phenomena. imo just need to wait few years.

[Zadicar]

Bitcoin is the biggest problem of altcoins. The prices depend on the bitcoin value. As the price of bitcoin grows, altcoins grow. As the price of btc falls, altcoins are falling. Therefore, if the bitcoin dies, the same fate awaits the altcoin.

Are you sure? As a Hero member you do able to see on how do price correlated to each other.We might able to see that bitcoin do give effects into altcoins but not all the times because there are coins which haven't been affected on price decline and not all the times if bitcoin tends to pump out altcoins to pump out too. Movements might be randomly on both sides depending on the market situation either on pure accumulation or on selling area.

[SoloV]

Bitcoin is the biggest problem of altcoins. The prices depend on the bitcoin value. As the price of bitcoin grows, altcoins grow. As the price of btc falls, altcoins are falling. Therefore, if the bitcoin dies, the same fate awaits the altcoin.

Are you sure? As a Hero member you do able to see on how do price correlated to each other.We might able to see that bitcoin do give effects into altcoins but not all the times because there are coins which haven't been affected on price decline and not all the times if bitcoin tends to pump out altcoins to pump out too. Movements might be randomly on both sides depending on the market situation either on pure accumulation or on selling area.

Bitcoin does have a very strong effect on the behavior of other tokens. This is very bad. It is necessary that in the future Bitcoin ceased to occupy such a large piece of the market.

[iRakic]

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