The biggest problem of altcoins

[BigTeeths]

....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 change the fact that altcoins are still like babies who still rely on their mother which is bitcoin. I hate pumps and dumps but we all know that deep inside we also liked it and we want to get those profits. We benefit from it so don't blame all of it.

[k1on4ik]

one of the most painful problems of alcoins is a big quantity different kinds of coins. it causes a headache to monitor trends and news about all of it. too difficult to decide which coin is good and promise big profit.

[Riddikulo]

The most problem I see in alts is their teams and future monetization of their products. Most alts I don't see how to use and who will pay for this new tech that they are creating. And teams of devs can forget about the project and you can't do anything. 

I suppose the largest problem of altcoins is their number. As there are more than 1600 cryptocurrencies on the market people simply do not understand how to choose the right alts. They often make mistakes.

[mabyyy]

in order to objectively assess the situation you need to understand a particular altcoin and be an expert in this matter. for myself, I decided that the best investment is bitcoin and Ethereum
The first of course bitcoin and not because it is the first because even if it happens so that it will not cost anything it can always be sold to collectors - because bitcoin is a story. Well, The main favorite of course Ethereum 1. Buterin won't make it bad( 2. This is the most powerful token that is only on the market. 3 Almost all new ICO's come out on it. 4. in the future, the speed of transactions will soar to 1000 000 per second

[letyouearn]

in order to objectively assess the situation you need to understand a particular altcoin and be an expert in this matter. for myself, I decided that the best investment is bitcoin and Ethereum
The first of course bitcoin and not because it is the first because even if it happens so that it will not cost anything it can always be sold to collectors - because bitcoin is a story. Well, The main favorite of course Ethereum 1. Buterin won't make it bad( 2. This is the most powerful token that is only on the market. 3 Almost all new ICO's come out on it. 4. in the future, the speed of transactions will soar to 1000 000 per second

I fully support the opinion. Bitcoin is number 1 and when all cryptocurrency disappears or 90% is a Scam, bitcoin will never be a Scam coin. It's really a story and it's not going to pull them out of it! Also I agree that air power because on its basis have been conducted already very much ICO and technologies!

[pacifista]

The most problem I see in alts is their teams and future monetization of their products. Most alts I don't see how to use and who will pay for this new tech that they are creating. And teams of devs can forget about the project and you can't do anything. 

I suppose the largest problem of altcoins is their number. As there are more than 1600 cryptocurrencies on the market people simply do not understand how to choose the right alts. They often make mistakes.

Yes , large number is one problem of altcoins and almost everyday new altcoins is rising  and investors dont know were to put thier money.

[joshy23]

The most problem I see in alts is their teams and future monetization of their products. Most alts I don't see how to use and who will pay for this new tech that they are creating. And teams of devs can forget about the project and you can't do anything. 

I suppose the largest problem of altcoins is their number. As there are more than 1600 cryptocurrencies on the market people simply do not understand how to choose the right alts. They often make mistakes.

Agree, with those so many alts that has been created and duplicating their target audience, it's hard for end users to select which one are the best among the others, and also considering that not all users are computer literate how they can understand the system and how it can be much worthy to use the alts than fiat where they already familiar and use it back then, if alts can be unique and can be easy to understand, people love change if they see that
it will be useful for them.

[redtag070]

I think the biggest problem right now is the increasing number of fake coins and ICO's and if that can't be controlled we would be seeing a dying economy of altcoins. We need more security tokens right now or platforms that can secure us from these fraud ICO, something like menlo.one a platform that will serve as a filter to fake and good ICOs.

I agree with this opinion very much.

There are many copied alto coins without contents. Many things do not have contents of the project.
Especially Alto currency born in Japan in 2018, there are many fundraising for administration by listing. Nanj, VIPS, CHE and other coins are issued a large number of coins, it is a method to suck investors' money with the lowest price 1 satoshi selling.

We think that this method is an act of extracting money from the market of cryptographic currency.
Because I do not feel like trying to hold currency from the beginning.

[cbIpok]

This situation does not change as long as the dominance of bitcoin is not broken. And another problem is there are many scam altcoins, so this makes some altcoins untrustable.

[marinakofoleva]

....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, altcoins are very dependent on bitcoin. I very much hope that in 2019, finally they will be able to pull out an independent freedom from bitcoin and will grow or fall by themselves. I believe that. I think part of the capitalization of bitcoin will go to a very interesting altcoins and they will follow in the footsteps of the bitcoin price. This is how it should be, because now the crypto economy is being formed.

[k1on4ik]

I think the biggest problem is BTC parity. Everything is values in BTC terms so all the altcoins are indirectly dependent on the king. BTC dominance will decrease overtime and the projects behind all these altcoins will be strong enough to have a say in the market

[Farahtenan]

Yes, I agree with you that Altcoin's biggest problem is that Altcoin is heavily dependent on Bitcoin. If Bitcoin cannot survive, I'm sure Altcoin will not be able to survive and will die all.

[Rocktop044]

Sustained price growth.
We see so many coins, some of which show lots of fluctuations, and mostly stays on the low side.
Altcoins, apart from having a working product, should work on having a stable currency.

[Wolfwar]

Sustained price growth.
We see so many coins, some of which show lots of fluctuations, and mostly stays on the low side.
Altcoins, apart from having a working product, should work on having a stable currency.

in any case, the prices for crypto currency should depend not only on their demand and market demand. To date, most of the crypto currency is very dependent on the price of Bitcoin and this is very bad.

[Serveev]

Yes, all altcoins depend on bitcoin. If bitcoin is in them all down if up then everything is in the top. It would be nice if Alcina was free and didn't depend on him. Then some projects would cost much more than now.

[bmgs]

The biggest problem of the altcoins is the number of scam projects in the market. Most of the altcoins are scam. Whiteppers and the webages are the same. They try to sell a dream not the reality.

[Ryanpogi]

The problem with altcoin is hackers, but that's a big problem until now. That would be a problem for them. To help us help them find the hackers. Thanks ..

[rehanaurora]

I think the biggest problem of altcoins is it must have market, must have reasonable supply and demand. It can not beat a long-established currency and is as strong as bitcoin without good tactics. In China the altcoins are severely reduced. Because of counterfeiting and piracy.

[chicipuci]

Prices for Altcoin are constantly changing, and strongly depend on the change bitcoin. When btc falls, they fall. It is necessary to get rid of the influence of bitcoin.

[zhukovt34]

Yes the altcoin dependancy of Bitcoin is really huge and only time and greater altcoin use will bring this dependancy lower.
Altcoins must with new ideas, new technologies and with better atributes gets their share in this volatile crypto market.