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Author Topic: The biggest problem of altcoins  (Read 4834 times)
Jalum
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August 22, 2018, 04:22:36 AM
 #761

I also think that the altcoins' attachment to BTC does not help in development, but so far this dependence does not plan to disappear.
If there is a altcoin that is dependent on Bitcoin then yes that coin will fail. Coins should not have to depend on one another.


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RichardScott91
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August 22, 2018, 04:32:09 AM
 #762

I think the biggest problem with altcoins is the decrease in market value. because we know people will not sell tokens when they know that they are so low that they are waiting for the money to increase the amount of money they receive.
DesertOasis3
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August 22, 2018, 04:42:46 AM
 #763

You are pretty much on the money if Bitcoin sneezes then generally all of the altcoins catch a cold. The only exceptions to this as far as I have seen are a successful coin coming from ICO (few and far between right now) or a major milestone or big exchange listing making a difference to a single coin.
Catstevens19
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August 22, 2018, 06:47:02 AM
 #764

The biggest problem with alcoin so far depends on the price of bitcoin. If the bitcoin price drops or rises alcoinpun will follow it. Alcoin can not resist the rise or price of bitcoin. This is the biggest problem alcoin so far. Although the value is up and the percentage is not the same, but all remains dependent on the movement of bitcoin.
Paperbuk
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August 22, 2018, 04:59:38 PM
 #765

The biggest problem with altcoins is price stability and slow development. Plus, the lack of community interest, and the emergence of other competitors also affect the problem of altcoin getting bigger. This is a common problem, because there are so many types of altcoins.
Janetnorman
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August 22, 2018, 05:01:30 PM
 #766

I don't really know the problem of altcoins but am here to learn about it.
Crystal24
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August 22, 2018, 05:05:28 PM
 #767

The biggest problem of altcoins is its volatility nature. Another thing is that most of the creators of this altcoins after getting it listed on exchanges, stop with their roadmap plans.

Mao siro
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August 22, 2018, 05:40:44 PM
 #768

Yes, I agree the biggest problem Altcoin is because it depends on Bitcoin. If Bitcoin cannot survive, I'm sure Altcoin also slowly cannot maintain its existence. Bitcoin is the most trusted and most promising coin so if the main coin is dead, the children will die. Grin Grin
hanoitree421
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August 23, 2018, 12:25:16 PM
 #769

The biggest problem of current altcoins is that it is a strong slump, and most investors have lost confidence in the altcoins. In addition, overweight prices have a big impact on the market and their prices.
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August 24, 2018, 02:55:44 PM
 #770

Many exchanges now create trading pairs to the dollar. So soon the dependence of coins on bitcoin will be finished.
I don't think that'll happen anytime soon.
Bitcoin itself is a milestone in this crypto world.
Early_Waffle
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August 25, 2018, 05:29:31 AM
 #771

Yes, one of the key problems of altcoins today is a significant dependence on the state and prices of BTC. When the BTC falls, the situation for altcoins is sometimes critical.
Dancing_Lion
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August 25, 2018, 05:38:00 AM
 #772

I believe that the main problem is the significant dependence of altcoins on the price and condition of BTC. When it starts to fall, many altcoins have serious problems.
jayendo
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August 25, 2018, 05:39:43 AM
 #773

For me, the main problem of many altcoins is their rather high volatility. In this respect, the BTC remains more stable.
Anicasalar
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August 25, 2018, 05:52:39 AM
 #774

Among the main problems for me - high volatility, a significant dependence on the state of BTC and the complexity of a reliable choice of suitable altcoins for investment.
Konffetka
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August 26, 2018, 07:26:31 AM
 #775

The main problem with altcoin is that when the bitcoin price is automatically reduced, the price of the altkoks will increase. Even some of them will not depend on bitkoyna and because after raising a certain amount they will start to deceive investors, and they will become zero.
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August 26, 2018, 07:38:47 AM
 #776

Basically the dependant of alts on bitcoin is due to the fact that bitcoin is the first cryptocurrency, popular known and can easily be exchanged back to fiat. Exchange pairs alts with bitcoin and ethereum, this simply shows that ethereum is gradually taking over the dependant on Btc.

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dearbesz1219
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August 26, 2018, 07:42:30 AM
 #777

The biggest problem of altcoins is not they are dependent on Bitcoin. But that they do not have any products in many cases, only promising words and that is everything. Their value is based only on faith and that is very very bad.  Undecided

Oksan89
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August 26, 2018, 07:51:16 AM
 #778

The biggest problem of altcoins is the useless product, 90% of ICO have no product at all. I advise you to look for ICO KamaGames - European social mobile poker operator, their products audience has exceeded 100 million players worldwide. So no doubt that their product will be really useful ).

Oksan89
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August 26, 2018, 07:53:26 AM
 #779

The biggest problem of altcoins is not they are dependent on Bitcoin. But that they do not have any products in many cases, only promising words and that is everything. Their value is based only on faith and that is very very bad.  Undecided



Yes, you are right, I am for 2 years already in crypto, and all that I see promises and expectations from developers, no one altcoin has really useful product for people.

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August 26, 2018, 08:30:33 AM
 #780

The biggest problem with altcoins is that it can't stop those scams. There is currently no effective regulation for scams, so investors easyly to be deceived. Real projects will also be lost money because of many scams, so that the price performance in the market is not ideal.
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