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Author Topic: Is Altcoins going to rock in this year !  (Read 2114 times)
frowsiter
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June 28, 2018, 06:36:57 AM
 #21

Actually we should not forget the fact that altcoins are already given lot of importance despite the fact that they are most scamming projects around here. Bitcoin however always surpass the altcoins because it is so much popular and gaining the popularity on top of this in exceptional ways! Its development is slow due to the public interest keeps fluctuating about its development whenever government is making mega changes in the laws. ALtcoins surely are on top with some alternative methods of using them but they will never surpass the bitcoin tech or its place in the future by nay means that for sure.
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June 28, 2018, 06:43:20 AM
 #22

But have you ever wondered what the biggest drawback of altcoins is? Its price is very unstable, and sometimes it can even rise or fall more than 3 times in one day. This is unimaginable in the stock market. The key reason for this abnormality is that the price of altcoins is full controled by someone, this is a fatal flaw in altcoins, so most altcoins will eventually die.
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June 28, 2018, 06:45:28 AM
 #23

Altcoins can differ from Bitcoin in a range of ways. Some have a different economic model or a different coin-distribution method, like altcoins that were given away to all citizens of a country. Others employ different proof-of-work mining algorithms, perhaps to resist specialized mining hardware — or maybe they don’t even rely on proof of work at all. Several altcoins offer a more versatile programming language to build applications on top of, while yet others offer more privacy compared to Bitcoin. And there are also altcoins that serve very specific, non-monetary use cases, like domain name registry or data storage pointers.

At the moment, Altcoins are sinking rock in the ocean. BTC bull run will rekt them more. But the time is good if you are looking for an entry point.
My strategy is to buy partially in every dip of the strong alts who have the potential to jump back to there Dec-Jan prices.
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June 28, 2018, 06:50:25 AM
 #24

Altcoin now consist of thousands of coins and we can't generalize them showing few coins having larger marketcap.
There are even some altcoins that made over x100 and more profit in the decreasing market of 2018.
At current time too, there are coin/s rising 1700% in last 7 days.
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June 28, 2018, 07:01:00 AM
 #25

yes believe that market will grow a lot so think positive and do investment

try eth,neo,nano and bch this four for me have future in crypto

I think if we spread the good atmosphere here many positive will come
imrul5 (OP)
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June 28, 2018, 07:33:55 AM
 #26

I have no hope for many altcoins. Bitcoin rally has to start for altcoins shinny days I think. And BTC can't make its move anyway. If Bitcoin will start rising, then we can wait for alts
Yes, you are right. But do you think a new cryptocurrency can introduce and capture the market? I don't want to wait for the BTC only. I hope new technology or new idea will come and recover this cryptocurrency platform as soon as possible.
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June 28, 2018, 07:36:30 AM
 #27

yes believe that market will grow a lot so think positive and do investment

try eth,neo,nano and bch this four for me have future in crypto

I think if we spread the good atmosphere here many positive will come
Yes, I agree with you 100%. We should not just depend on a few specific currencies. We need to focus more than a few currencies. This is the high time to act.
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June 28, 2018, 07:38:42 AM
 #28

But have you ever wondered what the biggest drawback of altcoins is? Its price is very unstable, and sometimes it can even rise or fall more than 3 times in one day. This is unimaginable in the stock market. The key reason for this abnormality is that the price of altcoins is full controled by someone, this is a fatal flaw in altcoins, so most altcoins will eventually die.
In the case of any cryptocurrency, this is true. The price is too damn volatile at this time. But I am sure there will be a time when all the cryptocurrencies will have a stable position like real currency.
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June 28, 2018, 07:39:54 AM
 #29

Altcoin still needs a long time to be recognized by the government and people.
Because the current attitude of countries towards altcoin is very unfriendly.

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June 28, 2018, 07:41:36 AM
 #30

Altcoin now consist of thousands of coins and we can't generalize them showing few coins having larger marketcap.
There are even some altcoins that made over x100 and more profit in the decreasing market of 2018.
At current time too, there are coin/s rising 1700% in last 7 days.
I also expect some new and good cryptocurrency will come sooner. But I am afraid of SCAMs. In most cases, we find SCAM ICO. People invest in the ICO and get caught. This is really frustrating for any investors.
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June 28, 2018, 12:05:36 PM
 #31

Yes I think it can rock this year because its performance is quite fascinating this year and it has improved o lot.So I think in the end of this year it will be in the better place than before.
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June 28, 2018, 01:54:32 PM
 #32

There is a great possibility for that to happen. The price of Bitcoin has dropping a lot this year and on the other hand, the price of many altcoins are rising day by day. Let's see what happens !
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June 28, 2018, 02:06:47 PM
 #33

Let see more days from now on what will happen to altcoins. First it should be bitcoin to move on the price from crash to increase. I also believe that there will have good things to happen.
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June 28, 2018, 02:50:47 PM
 #34

Yes. Maybe it could happen but only some Altcoin and if its Bitcoin also increase because the future of Altcoin depends on Bitcoin. If Bitcoin goes up then Altcoin also goes up. I think by the end of this year Bitcoin will explode and some Altcoin will also blow up.
imrul5 (OP)
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June 28, 2018, 04:43:28 PM
 #35

For me this will not be a good year for crypto. Based on the movement of the prices and the status of the market, the best we could expect until the end of the year is to recover.
This year is a crucial year for any cryptocurrency especially for the good one. If bitcoin and top few cryptos can gain its previous position then everything will be ok.
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June 28, 2018, 04:47:30 PM
 #36

It will pretty much depend on bitcoin price, actually. If bitcoin manage to come back at the end of this year, then we will definitely see another altcoin season.

I agree with you, that is not even about altcoins, it is all about bitcoin. If it will go up to $20.000 this year then altcoins will rock as well but it is very unlikely this year.

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June 28, 2018, 04:58:55 PM
 #37

It will pretty much depend on bitcoin price, actually. If bitcoin manage to come back at the end of this year, then we will definitely see another altcoin season.

I agree with you, that is not even about altcoins, it is all about bitcoin. If it will go up to $20.000 this year then altcoins will rock as well but it is very unlikely this year.
Do you think we are depending on bitcoin very much? Cryptocurrency is a decentralized process but we only focus on BTC. It feels we are still doing centralized way.
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June 28, 2018, 05:02:56 PM
 #38

some strong altcoins are already at the bottom of the year, I'm sure they will soon rise, bull run will happen soon this year. because from a few years ago, the price of altcoin actually went up after mid-year, and I'm sure it will happen soon this year
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June 28, 2018, 06:47:38 PM
 #39

Actually the market of crypto currency is facing a tough situation now days. From the start of year to now the market is experiencing a downward trend in the prices of the crypto currencies. Without the improvement in the bitcoin, the improvement in the altcoins is not possible. At the end of the year, we can experience something good.
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June 28, 2018, 06:54:28 PM
 #40

Altcoins can differ from Bitcoin in a range of ways. Some have a different economic model or a different coin-distribution method, like altcoins that were given away to all citizens of a country. Others employ different proof-of-work mining algorithms, perhaps to resist specialized mining hardware — or maybe they don’t even rely on proof of work at all. Several altcoins offer a more versatile programming language to build applications on top of, while yet others offer more privacy compared to Bitcoin. And there are also altcoins that serve very specific, non-monetary use cases, like domain name registry or data storage pointers.
So? Yes altcoins have some different characteristics than bitcoin we all know that, but that does not mean this year is going to be great for altcoins, almost 6 full months have passed and this year has been terrible for most coins out there, also despite all their differences altcoins are incredible dependent on the price of bitcoin which is why when bitcoin goes down almost all the market goes down as well.

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