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Author Topic: The biggest problem of altcoins  (Read 4834 times)
DenyAryanto
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April 12, 2018, 11:10:55 PM
 #201

....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.

biggest altcoin problem, same with youre write about price
new altcoin very dificult develop community, so altcoin price very dificult can good price

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Primal6666
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April 12, 2018, 11:25:44 PM
 #202

The biggest problem of altcoins is the red market, of course. But the lack of interest on the part of the community, and the emergence of competitors no less affects the situation.

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April 13, 2018, 03:12:33 AM
 #203

One of the biggest problems with current cryptocurrency is often fickle. At least basecoins are likely to decrease dramatically, so losses will come at any time unpredictably
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April 13, 2018, 10:07:04 AM
 #204

Of course, what you describe is the current condition.
Bitcoin is the only coin that affects altcoin at the moment.
Many altcoins are developed today, but all altcoin have not been able to defeat Bitcoin.
As if Bitcoin is the benchmark of all the coins.

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April 13, 2018, 10:54:44 AM
 #205

One of the biggest problems with current cryptocurrency is often fickle. At least basecoins are likely to decrease dramatically, so losses will come at any time unpredictably
Agree that getting loss all the players in the cryptocurrency market have tremendous opportunities for growth. 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.
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April 19, 2018, 06:45:16 PM
 #206

The Biggest Problem with altcoins is altcoins depend on bitcoin prices so whenever bitcoin price fluctuates we see altcoin prices fall down very badly if this nt to happen then altcoins should be independently value in between altcoins
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April 19, 2018, 06:58:24 PM
 #207

You said it right. What if they break the bond from btc and start forming a bond on usd only. Wouldn't it be great for it? It might stat its way on going up by itself only and probably, we might go on alts alone.

 
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dutchkay
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April 19, 2018, 07:10:20 PM
 #208

What you said is the actual truth and all altcoins growth are dependent on the Price of bitcoin. When it comes to the cryptocurrency world Bitcoin is the king and nothing can change that for now. There is always a ruling party in everything we do so i guess is no surprise that BTC is the ruling party when it comes to altcoins. When it comes to pump and dump and whale groups those are the forces really manipulating the market.
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April 19, 2018, 07:26:51 PM
 #209

You said it right. What if they break the bond from btc and start forming a bond on usd only. Wouldn't it be great for it? It might stat its way on going up by itself only and probably, we might go on alts alone.
It been already done on such thing where there are really alts which doesnt really rely on bitcoin alone for them to be converted. Just like ETH and other top coins they do have significant USD value which you can directly convert.The biggest problem of altcoins is on their actual usage on where we do have seen lots of them on the market which do have similar ideas and functionalities which sooner or later those coins do have unique usage or benefits would really remain in the end.

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April 19, 2018, 08:21:26 PM
 #210

No doubt that 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.
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April 19, 2018, 08:35:22 PM
 #211

what are you talking about? 30 000? you think that it can grow more than 7 times? where such optimistic forecasts?
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April 20, 2018, 04:42:26 AM
 #212

This is not a problem, but a feature of altcoins. They are nominated in bitcoin, and naturally their exchange rate relative to fiat currencies varies with the price of bitcoin.

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April 20, 2018, 05:02:31 AM
 #213

This market usually called high-risk, they say, investing money in it involves the expectation of high incomes, but also with increased risk. Capital behaves exactly the opposite - in BTC (and therefore, given the positive correlation between the crypto, 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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April 20, 2018, 06:02:28 AM
 #214

....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.

While bitcoin will be much superior to all in terms of capitalization, all altcoin will depend heavily on bitcoin, because people are afraid that if the bitcoin disappears, all other altcoin will not be either.


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April 20, 2018, 09:30:35 AM
 #215

The biggest problem of altcoins is the red market, of course.
Red is good, green is not, if you know what I mean  Wink

But the lack of interest on the part of the community, and the emergence of competitors no less affects the situation.
There is huge interest, i believe everyone bought altcoins on their peaks and now everyone is waiting for pumps which are not happening.
Also, investors are investing in ICO's and less people are investing in altcoins.
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April 20, 2018, 09:38:27 AM
 #216

The problem with Altcoin is that it reacts excessively to the bitcoin fluctuation. Uncertainty is increasing in the long run. In this case you have to make buy-sell constantly. Find new projects, research, can be troublesome to trust. Sometimes the project can also be scam. Material and spiritual loss.

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April 20, 2018, 12:16:44 PM
 #217

The problem in altcoins is we have no assurance for its development in the market. Pumps and dumps so sometimes we r get panic because of its crashed down. Not all altcoins would be successful like BTC value but being positive to it`s our great assurance that it can be profitable soon in our investment. But all of them r depending on the BTC price so nothing to worry about their growth.
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April 24, 2018, 08:16:18 PM
 #218

I believe in altcoins and a new coins and tokens. It will clear out in a next few years. Those who have a good product will go close to the top.
We can see bitcoin as a gold if we compare it to the fiat system.Bitcoin is not necessarily a bad thing.
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April 24, 2018, 08:57:46 PM
 #219

I guess they cant reach the level of bitcoin
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April 24, 2018, 09:18:32 PM
 #220

Investments in altcoyins look quite promising in 2018, but it is worthwhile to think and ponder where to invest your money. Since the choice is large, focus on the purpose of creating a separate altcoyin and its dynamics over a long period, at least the size of a year, so as not to become a victim of scammers on crypto-exchanges.
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