The biggest problem of altcoins

[Biasaae]

....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 current market all depends on the price of Bitcoin, where the stability of bitcoin will affect all altcoin prices.
But, maybe in the near future we will see a different situation, starting a lot of coins with projects and sophisticated technology.

[eugenefonts]

If your looking for an altcoin which is independent from Bitcoin that would be no other than ETHEREUM. It is for development platform and many up coming ico projects use ethereum blockchain for there smart contract because its way easy for them to make smart contract using the blockchain of ethereum. And ethereum is really undeniably widely addopted all over the world thats why i wont get surprise if it will surpass bitcoin someday. Just buy more because its cheap then hold for atleast 5 years.

[bananaohnana]

If you would look at the moment , At the moment,it all depends on the BTC,where it will go there and the violas will go,but perhaps in the near future we will see a different picture, everything is possible on the cryptocurrency market.

[sandiskumen]

I think Bitcoin will always affect altcoin. There is always a Bitcoin dependency. So it will always be the biggest altcoin problem is that they still have limited practical use. While Bitcoin still has a greater practical use as the first cryptocurrancy coin.

[Pomualdo]

I think that the whole problem is that new people first of all hear about bitcoin, they do not know about the existence of altcoins, and only after studying the scope of the crypto currency they understand that there are very interesting projects.

[JeffBrad12]

....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, this is a very big problem for the entire crypto currency. This is because the capitalization of bitcoin is too high in comparison with the capitalization of other crypto-currencies. In order for the altcoins to acquire price independence, it is necessary that there is not too much difference in capitalization between bitcoin and another crypto currency.

Can I ask a little question, why we always compare the currency of bitcoin in altcoins? Cause, if one specific token can stand up, it will be great and promising than comparing to the top crypto currency? Just wondering folks.

I guess that guys never learn more about how bitcoin and altcoin works. He was totally creating such a nonsense thing.  The capitalization doesn't give anything to the advantage of every coin but the only problem in the crypto the volatility of the market has been creating a big fear to the merchants to accept it as a payment system this is why instant liquidity is needed.

[Amalker]

The reason of this problem is that overwhelming majority of altcoins is trading against to BTC. And only ETH has also many pairs, but still all fiat money usually enter the crypto with BTC.

[ka4ok1331]

There are two biggest problems which altcoins face with. First is the big volatile on the market, this also could be a positive moment. And the second is the lack of good platforms on which these altcoins should work

[jerick06]

I absolutely agree with your statement. This is common problem of our field and you can only avoid it once the altcoin had reliable team. Goodluck to us and goodluck to future investor of every altcoin

[wizmo]

Altcoin's growth is limited compared to bitcoins and I agree with you that once a altcoin stop relying on bitcoins then it will be independent and we may see growth of it like bitcoins.

[shyevana]

The main problem of almost altcoin is hte depend on the fluctuation of Bitcoin and some TOP coin. If the altcoin has the big technology or potential, the dependence is lower and it can remain the price when downtrend.

[Artron1]

Altcoins do not make much money in the crypto market. Because there was a lot of money from the market. The lack of money lowered the price of Altcoins.

[Afteryou56]

In my opinion, I think developers of altcoins should also create realistic projects. If your project is not interesting, no one joins and then the usefulness of the coin becomes questionable. I also think trading altcoins against bitcoin is good in someway, because in real life people perform better when the competition is very tight. And looking at the trend of new incoming coins, a competition will be created sometime in the future and that will also help make altcoins better

[Btcirene88]

The biggest problem with altcoins is their instability and non-security. I'm sure that half of the existing coins can not withstand a strong dump.

Absolutely,  this is because altcoin always depends on the dominant coin and been highest value of cryptocurrecy market which is bitcoin. Therefore the instability is being undefine once the market is in dip inflation causing whole value drop or it make happen going zero.

[Bunk67]

the biggest problem is all most if the altcoin depend on bitcoin they trade with bitcoin,

[congngheauto]

Altcoins has many related issues:
Firstly: "Sharks" is very easy to make prices. Prices may change unstably.
Second: Altcoins are more controlled garbage altcoins
These are the common problems of altcoins.
Thank you so much !!!

[Adrin]

Some people think about cryptocurrency that is cryptocurrency Investment is very risky. At the moment people know without risk nobody can make a profit so most of the business is risky. As like cryptocurrency is related to risk but it’s low risk involved if you like long-term trading. I'd invest in cryptocurrency because I know very well about crypto so if you want to invest in cryptocurrency so you can invest now.

[dalimex]

....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 of altcoin is the decline in market value. The seller buys and buys a lot of altcoins when the price falls and hopes to sell it at a high price, until when? No one knows. As long as altcoins do not have a stand in determining their own prices, I think that forever will only be a complementary coin, not a priority.

[ardodd]

I have been analyzing this problem for a long time and unfortunatly the decision for solving this problem is not so obvious. But I am sure that ic could be changed.

[Jukwle]

The reality of the matter is that the Altcoin is presently fluctuating in cost bitcoin, which demonstrates the Altcoin is still controlled by the shark. In any case, the eventual fate of the altcoinracs will pass on just the significant Altcoin exists and it will get away from the value effect of bitcoin.