Bitcoin Forum
May 06, 2024, 02:08:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Attitude that can shape the altcoin sector positively  (Read 297 times)
crzy
Full Member
***
Offline Offline

Activity: 2128
Merit: 180


View Profile
September 02, 2019, 09:45:06 PM
 #21

You are right, our attitude strongly affects altcoins, however, this is only one of the factors. Also, the egoism of investors is absolutely normal. Everyone wants to make money, not work for others. The combination of many factors affects the sphere of altcoins, and not just our attitude.
Indeed, many aspect to consider not our just attitude but also our emotions. Since we are trading 24/7 then its normal for a volatility to increase and its normal to pump and dump so nothing to scare about if you hold good altcoins or the strongest altcoins. Positive sector takes time after the dump, don’t lose the faith.
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714961290
Hero Member
*
Offline Offline

Posts: 1714961290

View Profile Personal Message (Offline)

Ignore
1714961290
Reply with quote  #2

1714961290
Report to moderator
1714961290
Hero Member
*
Offline Offline

Posts: 1714961290

View Profile Personal Message (Offline)

Ignore
1714961290
Reply with quote  #2

1714961290
Report to moderator
1714961290
Hero Member
*
Offline Offline

Posts: 1714961290

View Profile Personal Message (Offline)

Ignore
1714961290
Reply with quote  #2

1714961290
Report to moderator
Kemarit
Legendary
*
Offline Offline

Activity: 3080
Merit: 1353



View Profile
September 02, 2019, 11:37:27 PM
 #22

  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price

I guess I would call this a norm now. I mean many projects are blaming bounty hunters for causing a massive dump of the price, And they bounty hunters pointing at the project itself. But both is in err here as everyone wanted to get that easy money right away.

2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.

I think project is very good at marketing but the problem is that they're just hiring developers that is not well known. Although resume's could be impressive, however, most developers really tend to be quite behind. Road map can be adjusted, in my opinion, that is part of development, there's no way that a certain project can hit 100% of their roadmap.


▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Ryan Dugan
Hero Member
*****
Offline Offline

Activity: 924
Merit: 501


View Profile WWW
September 03, 2019, 06:54:45 AM
 #23

Altcoins should be just like stocks. If the project is to do well and be sustainable then there needs to be a reason for it to exist. Tokens are supposed to be like owning a part in the company based on how many you own over the total amount. You don't need dividends since they are included in the tokens value and you simply sell them off slowly when needed.

Zionatin
Sr. Member
****
Offline Offline

Activity: 906
Merit: 262


View Profile
September 03, 2019, 07:02:07 AM
 #24

People need to change their attitude about the whole industry and realize work is need to make money. Stop chasing the dream of getting rich over night. That time has passed. It doesn't mean there will not be other coins to rival bitcoin. There will. Look at how much profit you could have made with eth if you bought it at the launch? These projects have value and use. People need to stop supporting useless projects with no value besides being a crypto token.
masterrex
Full Member
***
Offline Offline

Activity: 1820
Merit: 107



View Profile
September 03, 2019, 10:13:52 AM
 #25

The altcoin sector is by far the biggest in terms of numbers of coin in the cryptocurrency market. Ethereum is the most valuable altcoin but it's like the glory day of ethereum is in the past now. Investors are by passing the opportunity to invest in altcoin in preference to the number one coin bitcoin.

Why is there a sharp decline in the altcoin sector? This question keeps coming up in the head of cryptocurrency followers, like two years ago altcoin was a very promising sector which everyone expected more form but fast forward two years on the case seems to be negative.
my answer to the question is attitude yes our attitude can impact either negative way or the opposite.

  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price
2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.


I dont think attitude was the mean reason of reshaping the altcoin sector! At first before we venture into the crypto industry we should learn first how the cryptocurrency works all do's and dont's must be observe properly the decline of altcoins is not because of attitudes but it was a pure market movement meaning the investors confidence on altcoins was declining i believe that the investors are already learned in the past experience like in 2018, thats why they are throwing out some of its altcoins portfolios like what im doing also all that you mentioned above was just part of the complicated nature of the crypto-industry.
Emilyp
Member
**
Offline Offline

Activity: 546
Merit: 10


View Profile
September 03, 2019, 11:04:08 AM
 #26

The main setback altcoin had is the issue of greed and lack of functionality of product. Most Altcoins are without a functioning product, ones with a product can't seem to get it working. If there was no greed in the developers, there are other coins which can be integrated as a means of payment on their platforms rather then developing their own token.
SirLancelot
Hero Member
*****
Offline Offline

Activity: 2478
Merit: 582


View Profile
September 03, 2019, 12:29:51 PM
 #27

Why would an investor care about the project when he is not a shareholder, it is only a shareholder that would care much about the product, all investor wants to know is how many percentage he would get for living his money for a particular period of time that the developer would use it, and such developer would give time frame.

In the case of cryptocurrency investment, developer don’t usually give time frame for which their investment would start yielding profit, and all they tell them is that the coin would go at any moment they make investment, so what is the fault of investors if they request for their investment even if its minutes after the product was launched. Developers are the ones that needs to be straight forward and they are the one with bad attitudes.
LoveStory
Member
**
Offline Offline

Activity: 420
Merit: 10


View Profile
September 03, 2019, 01:54:29 PM
 #28

There are many factors that make altcoins experience a very sharp decline. This decline occurred when it came in in 2018, that the Altcoin slowly declined. According to my analysis that the factors influencing the destruction of Altcoins are:

1) Scams happening everywhere, they create fake ICO projects to make money in a deceptive manner.
2) greedy in trading and people investing in panic when the situation changes.

But we also have to think positively that the crypto situation will certainly not always succeed. But will have a time of trouble.
Now new hope to enter the year 2019, that with increasing Bitcoin will have a positive impact on the altcoins.

Sharon121212 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 215



View Profile
September 05, 2019, 04:32:35 PM
 #29

For me the most important questions are: Why your coin deserves my money? and Which problem your coin will solve?

These two are the main problem in altcoin sector, the problem is not investors, advertising etc, there are tons of coins whithout any reason to exist, it's just a whitepaper and nothing more
If your questions are as what you wrote then how do a project sell it out to you except they advertise and you get to know if it suits you. The power if advertising is strong.

White paper and what is in it doesn't guarantee that the project would live up to what they claim no one can tell. But with the first few moves from the project you can at least check on the seriousness and passion for success 
SaidNurs
Jr. Member
*
Offline Offline

Activity: 176
Merit: 1


View Profile WWW
September 05, 2019, 04:56:59 PM
 #30

The altcoin sector is by far the biggest in terms of numbers of coin in the cryptocurrency market. Ethereum is the most valuable altcoin but it's like the glory day of ethereum is in the past now. Investors are by passing the opportunity to invest in altcoin in preference to the number one coin bitcoin.

Why is there a sharp decline in the altcoin sector? This question keeps coming up in the head of cryptocurrency followers, like two years ago altcoin was a very promising sector which everyone expected more form but fast forward two years on the case seems to be negative.
my answer to the question is attitude yes our attitude can impact either negative way or the opposite.

  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price
2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.


Talking about the current state of altcoin, many compare the era of 2 years ago where the heyday of altcoin. Hoping that next year will be better, that is what the crypto members want. But with so many factors or cases, crypto is getting worse, especially altcoin. Maybe our attitude is one that influences these factors.
 
You are right if our attitude is good it will have a positive impact and vice versa if our attitude is bad it will have a negative impact

          r e c k o o n             ONE STOP SHOPPING APP
Global Shopping Platform (https://ieo.reckoon.com/)
[[[[[[
Shepard777
Full Member
***
Offline Offline

Activity: 532
Merit: 108



View Profile
September 05, 2019, 05:40:11 PM
 #31

It seems to me now the whole problem is that good projects do not enter the market and out of the general recession of the market, therefore, top altcoins do not grow and new projects do not go out and push old ones, we must wait for some strong news so that the bitcoin market goes up then altcoin market will go up.

torpedo
Full Member
***
Offline Offline

Activity: 270
Merit: 101


WE SCALE CRYPTO COMMUNITIES!


View Profile WWW
October 11, 2019, 03:19:43 PM
 #32

It warms my heart to read your positive expecttions about altcoins. As to typical weak spots, you're right. Especially publicity.
poornamelessme
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 509


View Profile
October 11, 2019, 07:55:40 PM
 #33



  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price
2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.



The simpler way of looking at it is that so many ICOs were pure scams that it scared away investors from new alts. Then add in the SEC and it's slow motion way of going about things, and we can't even be certain which alts are securities and which aren't. I don't think most qualify as a security, but again, negative publicity doesn't help matters.

I think it has nothing to do with selfishness. Bounty hunters always dumped. They dumped in 2014, 2015, 2016 and still do it today. Just the way it is. It wasn't enough to kill good coins in the early days, and isn't the reason it kills coins today. If a new coin dies because of bounty hunters, it means it was never strong enough to begin with.

Biggest reason I think alts are where they are is simply how the market works and for lack of a better term, whale manipulation. Low cap coins will suffer most in a bear market ... happens with stocks as well. So if whales decide to crush alts down, pump up btc first, that makes sense. Only question now is if with alts so crushed, will whales chomp them up again and start pushing up alts.

We can say attitudes matter in regard to price, and to a certain extent they do. But if whales start pumping up alts out of the blue, you'll be surprised how quickly attitudes change. And it'll have nothing to do with any of the points you brought up ... price is what changes attitudes.
BitcoinPanther
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 564


View Profile
October 11, 2019, 08:45:32 PM
 #34


I think it has nothing to do with selfishness. Bounty hunters always dumped. They dumped in 2014, 2015, 2016 and still do it today. Just the way it is. It wasn't enough to kill good coins in the early days, and isn't the reason it kills coins today. If a new coin dies because of bounty hunters, it means it was never strong enough to begin with.


True that, bounty hunters need to get paid, they had been on the losing side already when they accepted token as their payment and after ICO as the scheduled payment.  Worst these project even delayed the payment to these bounty hunters and then accusing them of the reason of the price drop.  It is the incompetence of the project owner that lead their coins to oblivion.

It is not selfishness if you wanted to rake your profit.  Imagine you have to give first before taking profit.  If these investors are selfish then they shouldn't have invested in the first place.  Investors are greedy not selfish.  they always wanted to have a profit out of what they release or invest.  Selfish are those project owner that only thinks of themselves and primarily prioritized their gain.
bitcoinst
Hero Member
*****
Offline Offline

Activity: 1708
Merit: 651


SmartFi - EARN, LEND & TRADE


View Profile
October 11, 2019, 08:58:24 PM
 #35

Selfishness Are You Serious? Are you seriously? Do you want to say that all investors in the market should care about each other and about the coin?

Developers should take care of the coin, the goal of investors is to make a profit from the project - and this is normal practice.

Sometimes the price of a coin does not depend on the developers, so the crypto market is arranged, but investors have nothing to do with it.

█████████████████████████████████████████████████
██                ▄▄▄███████▄▄                 ██
██             ▄███▀▀        ▀▀▄               ██
██▄▄███████▀  ███▀                             ██
██▀█▄▄       ███▀   ▐███████▄    ▄██▄          ██
██  ▀███▄▄▄ ███▌    ▐██    ██    ▀██▀          ██
██      ▀▀█████▌    ▐███████▀           ▀▀██▄▄ ██
██          ███▌    ▐██ ▄▄▄                 ▀████
██           ███▄   ▐██  ▀██▄ ▀▀▀███████████▀▀ ██
██            ████▄             ▄█▀            ██
██             ▀████▄▄▄     ▄▄██▀              ██
██                ▀▀▀███████▀▀▀                ██
█████████████████████████████████████████████████
VIRTUAL WORLDS
BLOCKCHAIN INFRASTRUCTURE
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
magneto
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 753


View Profile
October 12, 2019, 10:12:25 AM
 #36

The altcoin sector is by far the biggest in terms of numbers of coin in the cryptocurrency market. Ethereum is the most valuable altcoin but it's like the glory day of ethereum is in the past now. Investors are by passing the opportunity to invest in altcoin in preference to the number one coin bitcoin.

Why is there a sharp decline in the altcoin sector? This question keeps coming up in the head of cryptocurrency followers, like two years ago altcoin was a very promising sector which everyone expected more form but fast forward two years on the case seems to be negative.
my answer to the question is attitude yes our attitude can impact either negative way or the opposite.

  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price
2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.



Perhaps this works in theory. But in practice, what you're going to find is that people will generally still tend to gravitate towards projects that create the most hype, regardless of whether or not it has actual value.

People care the most about short term profits more than anything else, that's the thing.

This isn't something that can be changed simply by saying it, because greed is innate. Otherwise, the ICO bubble of 2017 would not have existed, nor should bitcoin dominance have ever fallen under 40% during that period of mass hysteria. Human psyche is what dominates the market, not necessarily rationality.
VDraci
Member
**
Offline Offline

Activity: 560
Merit: 28

SAPG Pre-Sale Live on Uniswap!


View Profile
October 12, 2019, 10:42:35 AM
 #37

The altcoin sector is by far the biggest in terms of numbers of coin in the cryptocurrency market. Ethereum is the most valuable altcoin but it's like the glory day of ethereum is in the past now. Investors are by passing the opportunity to invest in altcoin in preference to the number one coin bitcoin.

Why is there a sharp decline in the altcoin sector? This question keeps coming up in the head of cryptocurrency followers, like two years ago altcoin was a very promising sector which everyone expected more form but fast forward two years on the case seems to be negative.
my answer to the question is attitude yes our attitude can impact either negative way or the opposite.

  What are this attitude we have exhibited that has negatively impacted on altcoin.
1. Selfishness. Most investors are selfish they only care about what they can make but don't give a damn what happens to the coin it self, bounty hunters to have a role to play to they are snappy to dispose of the coin and this sure will decline the price
2. Poor publicity on the part of the developers. Altcoin can very much get into the cryptocurrency market with out being known developers should focus more time into spreading awareness about there project.
3. Poor road map. Developers should not create an unrealistic road map that they know can't be achieved cut your coat according to your size. Be truthful and real to the project.


Listen to yourself, what makes people dump in the first place? there was a time when people like holding coins and tokens but they lose while keeping them, 99percent of the value of tokens are gone, who are to be blame? crappy projects builders of course and stop saying ETH glory days is in the past, the team are very serious and very soon eth will bring a new changes to altcoin space soon
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!