Altcoin's future.

[efxtrader]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

New coins have the potential to compete with old coins. But new coins still have to show good performance and products because competition in altcoin is very tight, besides that new coins continue to appear in the market with newer products and features.

[The3max]

I have a feeling that the fall of the altcoin is approaching. With each passing day, altcoins appear more and more. However, BTC Dominance has reached the 70.5% mark today. Although the number of altcoins is many, the amount of money it holds is very small, this leads to the operation of altcoin coins having difficulty in liquidity, investors sell off the alt.

[Danslip]

Of course, everything can not stay like this event, altcoin's future will start growing. As you mentioned we will see alt season, most investors think, it will happen 2020. Indeed, there is more chance of happening in 2020. But l don't agree only this opinion that, if BTC will start growing, everything can not remain the same. BTC would grow, altcoins definitely comply with BTC. Random market pumps don't give the strong impulses to the higher timeframe price action. Pure price action suggest to stop on the smaller timeframe and analyze the market before jumping the altcoins. Altcoins will not reach those moments in 2017 unless the low Bitcoin domination in the total marketcap rate.

[bocyaj]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

If you consider altcoin for the consideration, Ethereum occupy the first place then the other crypto. The reason is very simple,it had huge supporters then the Ripple,Monero .People get huge profit from Ethereum then other altcoin for the same specific period.

[Perfect35]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

If you consider altcoin for the consideration, Ethereum occupy the first place then the other crypto. The reason is very simple,it had huge supporters then the Ripple,Monero .People get huge profit from Ethereum then other altcoin for the same specific period.

Considering the present instability in the price of ethereum, I am trying to imagine how profit is being made, because I believe this is not where ethreum's price should be considering the takeoff of 2017. At least, bitcoin has improved this year and I expected ETH to do the same. If that is the case, then I see no profit coming from it now, except you have invested in it and still holding. Most traders trade on other altcoins that can bring short term profit, bitcoin inclusive.

[JeromeL]

Tell me how the appearance of new sellers with the same product on the market affects the price of the product? Price falls because supply increases. In the same way, new altcoins affect the prices of the rest. The greater the offer of altcoins on the cryptocurrency market, the less money goes to each of them.

[awik p]

I think altcoin will be more and more created, but altcoin will be degraded a lot later. I think altcoin at the top of coinmarketcap can still win the sympathy of investors. but altcoin is in the middle to bottom rank, they have to fight so as not to get out of cryptocurrency. for me ethereum is still feasible to invest, especially next year ethereum 2.0 will be held

[lumira555]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

goes to the stock exchange a lot of coins but will only have the strongest ,most popular .

[timfish]

I think each project has a new concept and a new view that eludes the concept of earlier projects. This concept of competition is not real, each project sells its own idea and once the idea of the previous is better than the current, people go for the previous better idea.

[J1mb0]

Having many new projects coming out will surely affect old projects, competition will be fiercer and only really good projects will survive. This is good for the market and for investors, they will have more options.

[Specimen]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

in my opinion there are a lot of new coins that appear instead showing that the growing world of crypto, the existence of many new coins will only affect old coins that have no power in the market, old coins that have the potential will certainly survive in the competition of coins in the market

[jackblacksparrow]

Having many new projects coming out will surely affect old projects, competition will be fiercer and only really good projects will survive. This is good for the market and for investors, they will have more options.

Are new projects worth something now, mostly non-working projects that can't compete with top projects at all

[Nick2005]

if I think intense competition will also give a good coin value. because each coin also has a different function.
because I believe Altcoin also has a good future in the future.

[pragna]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

I think its fully depends on specific altcoin team work. I can memories hear about ETH and XRP compition some days ago. When market was down then XRP team work was so high that ETH goes in third position. So in this way if any alt coin team work make their plan good in market they can reach in good mark as well as XRP. So i think there is nothing to worry about too many altcoins.

[SashaRed]

Alt coins will always have a role in function but will likely always be measured in terms of % of BTC.

[jthor]

Alt coins will always have a role in function but will likely always be measured in terms of % of BTC.

Everything is always relative, that is, measured as a percentage, this is normal and should be so. But the dominance of Bitcoin is now very high.

[ezeobulu007]

Thanks to Ethereum Chain which altcoins are built on, they've still got a lot of future ahead them. I see altcoins as the currency that would soon become part of our daily lives.

[Bitcoin+Fi]

Thanks to Ethereum Chain which altcoins are built on, they've still got a lot of future ahead them. I see altcoins as the currency that would soon become part of our daily lives.

But not all the alts will be used in the future in everyday life, I think only Bitcoin and popular alts will be used, fraudulent coins will not be needed.

[ImSuparmin]

It is very difficult to predict about Altcoin's, because we don't know what will happen in the future, but we can analyze the ups and downs of Altcoin's to be a race for us to see Altcoin's going forward. that's my opinion, what about your opinion?

[ImSuparmin]

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

in my opinion it will be influential with the new altcoin, because the possibility of the old altcoin will be displaced from the market with a new altcoin that might be even better and maybe the new altcoint will have more appeal with high prices so that many people will be more interested than altcoin which is old.