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Author Topic: The biggest problem of altcoins  (Read 4691 times)
alex0.alex1
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August 02, 2018, 09:03:04 PM
 #641

BTC is the king of every coins,There fore they must have a dependencies with both.But Other  blockchain techonologies are pretty good rather than BTC

For successful investment, you should constantly look for promising crypto-currencies. Those who managed to discern the potential Bitcoin a few years ago, have long been millionaires. The same prospects open up to any person who was able to make a good choice in favor of one or another altcoyin.
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August 02, 2018, 09:21:55 PM
 #642

The biggest problem with alt coins is that there are too many. Even good ones don’t get noticed because they are lost being lumped in with all the useless coins. It’s like more so than the actual technology, the most important part for a new coin to be successful is marketing.
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August 03, 2018, 05:12:02 AM
 #643

The biggest problem with altcoin is they can't live without btc pumping they all and always connected with bitcoin everything goes down when bitcoin goes down. if bitcoin is going up well thats good for altcoin but what if bitcoin looses its value ? thats a problem.

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August 03, 2018, 04:52:54 PM
 #644

I agree with you that this is indeed a problem. But it seems to me that it is not worth making any assumptions about the course this year at least because most of the previous forecasts have not come true
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August 03, 2018, 05:04:24 PM
 #645

Today, the price dependence of altcoyins from bitcoins has indeed become the biggest problem for the crypto-currency market. This state of affairs can not be considered a market, if all the Crypto currency depends on the price of bitcoins. It is no longer a market. The market will only be if each coin or marker is independent in its pricing policy. Developers really need to pay close attention to this problem. At the same time, the crypto-currency market has a kind of hypertrophied, distorted toward bitcoin.
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August 03, 2018, 05:05:41 PM
 #646

one of the maximum painful troubles of alcoins is a massive quantity unique types of coins. it causes a headache to screen developments and news about all of it. too hard to decide which coin is good and promise massive income. however for this we r all here))
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August 03, 2018, 05:08:57 PM
 #647

....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.

That's why you need to study the pattern, trend of bitcoin in order to win the market.
No matter how bullish you bias TA in altcoin when Bitcoin drops, it won't respect your TA and drops hard as it could.

Winning altcoin trades starts with winning the BTC movement first.

Goldendragon67
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August 05, 2018, 08:20:02 PM
 #648

I agree with topic starter. But what they can do? Many people when heare about cryptocurrency always associate they with Bitcoin and biggest part of all money come to altcoins from Bitcoin.
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August 05, 2018, 08:22:39 PM
 #649

....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.

Yeah. This is really painful to see some good projects sufferer as they are paired with bitcoin but there's no choice.
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August 05, 2018, 08:34:08 PM
 #650

The problem that most altcoin have is that it is affected by the fluctuation of bitcoin. Most of the time when bitcoin fluctuates, the whole of the cryptocurrency market fluctuates as the market trend is disturbed
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August 05, 2018, 08:49:06 PM
 #651

To me, the biggest problem I'm altcoin is price pump and dump, rise and fall, instead of falling down of price, why shouldn't it be pumping up
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August 06, 2018, 06:47:42 PM
 #652

Many exchanges now create trading pairs to the dollar. So soon the dependence of coins on bitcoin will be finished.

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August 07, 2018, 05:49:21 AM
 #653

So far, few other coins have been able to escape from bitcoin. Because they are all in the same market. The price is always influenced by each other.
Tone147
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August 07, 2018, 05:57:53 AM
 #654

It's true that most ALT relies on bitcoin.
This is the main point. In my opinion, this is not a positive phenomenon, which means the market is short of funds.

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August 07, 2018, 06:01:17 AM
 #655

Absolute freedom in regards to price of bitcoin controlling the price of altcoin is very visible, all it will take is for any altcoin to have reputation and integrity of bitcoin and popularity also. Ethereum seem to have all of these, ethereum might be able to break free from this!

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August 07, 2018, 06:15:19 AM
 #656

If I think it is because of the type of the altcoin very much. So the rivalry between altcoin is very tight. And we become difficult choosing the altcoin really good for investment.

suhano
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August 07, 2018, 07:49:26 PM
 #657

I agree with topic starter. But what they can do? Many people when heare about cryptocurrency always associate they with Bitcoin and biggest part of all money come to altcoins from Bitcoin.

I think the best thing that you can do is to examine the team, not just believe their marketing slogans. Most projects have nobody in the team with relevant experience and fail to get out a working product, I still think this is the single biggest problem most alts are facing.
PashVit
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August 07, 2018, 07:52:06 PM
 #658

If I think it is because of the type of the altcoin very much. So the rivalry between altcoin is very tight. And we become difficult choosing the altcoin really good for investment.
There are no difficulties in this if you know how to choose or have at least one token, which you follow for a long time. In this case, even in very difficult times, a small income is provided to you.
DrGuns4Hands
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August 09, 2018, 05:04:02 AM
 #659

....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.

One of the biggest problems in altcoins is the ability for its sustainability of the business to deliver the investors and stakeholders with the expectations it promised during the ICO of their project. Thus, people felt being cheated and would probably leave the market; further, the market price of that altcoin will surely decrease. The realization of everyone is that ICO projects seemingly inconsistent as to being profit oriented. Somehow the reason is subjective. But we cannot lay the facts that it might be true...However, it may prove true if no one realized a profit. Thus, everyone gets profit, so as to prove an assumption - it would be difficult.
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August 09, 2018, 05:06:36 AM
 #660

Truly I concur that all altcoins are denpendant with bitcoins in light of the fact that it is the mother of all cryptographic forms of money and that will keep going for quite a long time I think. That is the reason larger part of the financial specialists in cryptos would preferably put resources into bitcoin than altcoins notwithstanding when the cost is excessively costly.
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