The biggest problem of altcoins

[Kramblerty]

....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.

I am also so bored by pumps/dumps and just trading discussions.
 Why no-one looks at the usability of tokens (altcoins). People should buy tokens in order to exchange it for the services provided by the token hoster in the future.
Token hoster company must reward such token buyers providing the biggest discounts. The great example of such approach is Kamagames token sale. This company provides token buyers with the ability to exchange tokens to the company's products with an astonishing bonus during the next 36 months.

[GinXenPhengz]

Altcoins are dependent to bitcoin yet it is about their same kind. Both are cryptocurrancies and both of the two will be bolstered out in a period this is my figure may be I am off course.

[bcoin01]

Lower-cost subcoins are always more dangerous. The smaller increments give larger percentages.

If you invest in altcoin, you have to follow it all the time. If you want to make money, you have to keep track of it.

[truongdhnh]

The writting is interesting and useful because most Altcoins rely on Bitcoin too much to decide on the increase and decrease. I think the Altcoins want to be independent of Bitcoin unless they account for more than Bitcoin and their prices are independent of Bitcoin. Even the ICCO Altcoins projects have not yet hit the floor and are waiting for Bitcoin. This is a very difficult problem for the crypto market when all project rely on bitcoin.

[efey39]

The biggest problem with subcoins section is the high risk ratio. changing the graphics constantly and quickly is another problem. it is very difficult to do technical analysis.

[infinity33]

I think this cycle will continue and cannot be stopped as long as the cryptocurrency world is still alive. The current price dependence of altcoins from Bitcoin is indeed the biggest problem now for the cryptocurrancy currency market. Such a situation cannot be considered a market, if all cryptocurrancy currencies depend on the price of Bitcoin. This is no longer a market. The market will only be available if each coin or independent token is in the price policy.

The biggest problem I see also is the market price, when the price goes down, the investors are loosing their investments and they are also loosing their trust in crypto and do panic selling sometimes.

[Golftech]

I think this cycle will continue and cannot be stopped as long as the cryptocurrency world is still alive. The current price dependence of altcoins from Bitcoin is indeed the biggest problem now for the cryptocurrancy currency market. Such a situation cannot be considered a market, if all cryptocurrancy currencies depend on the price of Bitcoin. This is no longer a market. The market will only be available if each coin or independent token is in the price policy.

The biggest problem I see also is the market price, when the price goes down, the investors are loosing their investments and they are also loosing their trust in crypto and do panic selling sometimes.

Needs to change attitude, this type of market really have its pumped and dumped moment, investors needs to realize that selling when dumped still ongoing will just let their money to lose while waiting is the best thing to do from the moment like this. panic should not be part of any trading / investment mentality, buy low sell high or buy and hold should be consider.

[Ilmiyati]

Pump and dump groups are just a group of people who try to monopolize the price of an altcoin by buying together and selling it together, but I don't think they are too influential, until now I have never believed what the people they call masters said in their fields. because I believe, I can or even better than them. and so far, I can get lots of trading

[avonka]

The crypto market is relatively small and the dependency from BTC price is really a problem for alts. I think in the future when market surpass $1 trillion there will be different market situation with independent coins with opposite price movements than BTC.

[sborders52567]

Everything is values in BTC terms so all the altcoins are by implication reliant on the lord. BTC strength will diminish extra time and the tasks behind all these altcoins will be sufficiently solid to have a say in the market.

[nvishnu22]

altcoins are depended on bitcoin as it is the main source and also other block chain coins are developing too, as the bitcoin is the only coin which made the market to this range, it takes time for other coins to make a good position in the market like ETH and NEO these both coins have also increased a lot in past years but this takes time thats it.

[zekarsalih]

The biggest problem of altcoin are many, but the potential of a coin depends on its market price stability and some altcoin do not worth investing into them

You're right. I think their biggest problem is that they are not innovative enough and unique, they don’t offer beneficial technologies. And of course, many of them are scams, but it's a problem with their developers team, I don't consider scam coins as coins, I consider them as scam.

[monster2]

There are so many problems that many people at altcoins often do not raise their prices and have fallen in price even today.

[leow]

I can't disagree with you! Altcoins do have a great dependence on the BTC rate. But what to do. BTC is the first and fundamental cryptocurrency in the entire cryptocurrency space, which naturally affects all other followers of blockchain technology. What to do with it, I don't know. And on the statement of other developers that their coin will not depend on BTC rate, I am a little confused. But if they succeed, it will make a splash in the whole cryptocurrency space!!!

[TontomHit]

There are always some exceptions, but truly 99% of the Altcoins acts like this. It is kindof funny, seeing all the coins in green, and the only question, which has gained more. And not that funny to see the opposite happening I think we need a strong competitor to Bitcoin, one which will surpass, and than this trend might will change.

[rahul10948]

Maybe if the alternative Bitcoin developers or what we call alt coin itself can work well, like multiplying users, must be accompanied by miners, and many are adopting. maybe the alt coin they created will not fail half way. Popularity is also one of the reasons

[quandong]

The development of the Altcoins since the birth of Bitcoin and until now still has issues that the community needs to think and solve. Most of the Altcoins are heavily dependent on Bitcoin's up and down and current bitcoin prices on Altcoins are also up and even ICOS campaigns have become difficult because Bitcoin is down to capital mobilization. Difficulties lead to cases where Altcoins date out as much but as easy to deceive. If the Altcoins do not try to escape and be independent of Bitcoin, the crypto market will be very dangerous.

[dgross0818]

I think this cycle will continue and cannot be stopped as long as the cryptocurrency world is still alive. The current price dependence of altcoins from Bitcoin is indeed the biggest problem now for the cryptocurrancy currency market. Such a situation cannot be considered a market, if all cryptocurrancy currencies depend on the price of Bitcoin. This is no longer a market. The market will only be available if each coin or independent token is in the price policy.

What options to overcome this situation does the market have in this case? Personally, I see the prospects for independent growth of Altcoins only if Bitcoin leaves the market at all, but judging by the current state, this definitely will not happen for a few more years. What, in your opinion, should happen so that the price of Altcoins ceased to depend on the price of Bitcoin?

[Sniper76]

The biggest problem with altcoins is that the bandwidth of the Ethereum's network is 20 operations per second. This is already very little.

[Nexigen]

It was not always like this. Most altcoins strongly depend on bitcoin, but not all of them. At the beginning of the year, when bitcoin had already fallen dramatically, the Ethereum cost more than a thousand dollars, because it was in demand in various ICOs. Bitcoin has a strong effect on all cryptomarket because of its high capitalization compared to other cryptocurrencies.