A million altcoins

[alexsandria]

I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.

if the old one is still functioning properly and produces why you have to gamble for new altcoin. if you really want to invest in altcoin, you have to search carefully if you are lucky you will find diamonds in a garbage heap.

Totally agree with this. Why go farther if the existing one could still give you a sufficient benefits. You don't have to look something solid about altcoin as long as you can get the benefit you are looking for it is good.

Bet you have high standards there?

Besides altcoin doesn't even have the ability that could surprise as long as Bitcoin still dominates the market. Invest and then if it grows that's good, it may be a little but it could be enough for a while 'cause bull run ain't in the scene yet neither been exposing signs. Be cool, and do your thing.

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[CjMapope]

one should not be looking at alts as competitors to BTC
they are means of making BTC is all
thru speculation or by design (i.e PoS), Altcoins are made as a means to collect more BTC
of course all these alts are crap they not supposed to be better then Mother BTC

BLOCKCHAIN is the tech here remember, BTC was just the first example of good use case

[Darooghe]

All you need to do is think about this. There have been over 5000 altcoins come since bitcoin debut in 2008. All claiming to be the next big thing. There have been coins like Ethereum claiming to be a better bitcoin with their fancy smart contracts. during all that time not one of them have challenged bitcoins market capitalization spot. Most of those coins aren't even around anymore.

Furthermore, every other shitcoin has a central lead team or foundation or whatever than can influence the development on its own. In bitcoin every change requires broad acceptance and then we have the BIP process, that anyone can participate in. So you tell me why anyone would waste their money investing in shitcoins?

[JCviggen]

There will be bigger problems right now if altcoins never existed, i think altcoins are been born to walk along side with bitcoin as the supporters, its just that bad coins are making it hard for other good altcoins, in time many of them will die and all we need is patience

patience and it is important to make the right choice. if you bought a lot of shitty coins that are destined to die, then your patience will die with every drop in the price of these coins

[ashmodeus]

well , that a high class criticism.
at least are you not impressed with the new discovery from ETH?
mostly yes, like you say , but some such as ETH,LTC,XLM,even EOS and Tron.
they make the crypto world better .
and also i dont know why u say stellar is useless,since stellar just not profit organization for multi-currency payment network.
of course people buying them for send money faster and cheaper than BTC.
i know btc is usefull , and number 1 on crypto world.
but we cannot deny also that another alt have certain uses.

[strunberg]

There will be bigger problems right now if altcoins never existed, i think altcoins are been born to walk along side with bitcoin as the supporters, its just that bad coins are making it hard for other good altcoins, in time many of them will die and all we need is patience

patience and it is important to make the right choice. if you bought a lot of shitty coins that are destined to die, then your patience will die with every drop in the price of these coins

if we must avoid buying shitcoin in market if we survive in market.only good coins that worthed to buy, usually in top 20 coinmarketcap.if we don't carefully analyze altcoin, this will be a big problem for us. portfolio value will be reduced a lot if we buy shitcoin in large enough quantities. in some cases we've heard the news, that someone is willing to sell his house just to buy bitcoin or altcoin.

[cahbagus555]

There will be bigger problems right now if altcoins never existed, i think altcoins are been born to walk along side with bitcoin as the supporters, its just that bad coins are making it hard for other good altcoins, in time many of them will die and all we need is patience

patience and it is important to make the right choice. if you bought a lot of shitty coins that are destined to die, then your patience will die with every drop in the price of these coins

if we must avoid buying shitcoin in market if we survive in market.only good coins that worthed to buy, usually in top 20 coinmarketcap.if we don't carefully analyze altcoin, this will be a big problem for us. portfolio value will be reduced a lot if we buy shitcoin in large enough quantities. in some cases we've heard the news, that someone is willing to sell his house just to buy bitcoin or altcoin.

Agree, not all coins are worthy of long-term investment. Many altcoins which are pump and dump projects or their developer team are no longer actively communicating with their communities about the development of projects or products produced. To be safer, indeed I think the top 20 is a good choice because of the liquidity that is always available in the market

[fosco333]

What altcoins ? If we see the top altcoins in coinmarketcap, they are actually good altcoins.
Early investors of top altcoins got big profit already because top alts price exceed their initial price.
different with altcoins nowadays, most of them are failed to raise enough funds in initial offering.

[Arnhomo]

after launch bitcoin network, all of others take a look on that, they create their own altcoins, but their is a very important point, that is trust about those altcoins, in near future many of projects gonna scams some of them never come back, so i have search about those and i came with good idea about hawk network and their team, you can also get know about hawk network more within below link https://twitter.com/Hawk_HKC/status/1185539270456553472

[Kersh768]

I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.

Bitcoin is 10 years old and there is actually nothing better happened all this time. Everything else looks like a cash-grab, full of fake news and hopes, full of invalid information about the tech, about decentralization and safety. Almost every blockchain has already been 50% attacked, Ethereum rolled-back it's own chain, Litecoin has no reason to exist, Monero perhaps had a reason but still so many problems with privacy, XRP, Stellar i can't find the reason people are still buying them. Some shitcoins had a chance to become something with all that influx of money in 2017, but devs thought it was better to re-invest all that money into private mansions and lambos instead of research and development. How do you think tech giants became the empires they are today? They allocated all profits into creating something better every year. Microsoft for example didn't pay a single dollar in dividents for the first 15 or 20 years of it's existence. All the profits were allocated in RnD. Which altcoin did the same? They all rushed to offload their billion coins and dump them on investors faces while talking about moon and taking over the economy. Such nonsense.
To conclude, I see every altcoin as overpriced by at least 10x right now and shorting all of them where it is possible into any pair available, BTC or USD.
I see all altcoins dumping 90% more at least and perhaps then we will find out who was milking them for profits in 2019 and who was actually working and has a decent product with a future.

I do agreed. It does even seem that those altcoins which are already in the market for years are the ones that are having chances of recovery from the negative market behavior we are seeing at this moment. The factor in my opinion why new altcoins are fading after being listed is the community of investors. Today is not the right time for new alts because investors are afraid at this moment to invest unlike before wherein there is a high tendency to earn profit from investing to new coins in the market.

[masterrex]

Altcoin can no longer be trusted as a future token like 2017, now many altcoins are dead and many are left by investors in the long term altcoin will die quickly but there are also many new altcoins with new ideas, and indeed when tokens are discarded the token cannot rise again.

For that reason i beg to disagree! As i know that some other altcoins are still productive till today. busy of fulfilling its usecase and function, avoid comparing 2017 since that time it was only driven by hype and media frenzy most of investors that jump on the bandwagon is just because of FOMO and end up nothing but losses. But we cant deny the fact that most of the new alts today are just milking cow by those fraudulent developers thats why keep vigilant always.

[Eclipse26]

Indeed that there's a lot of altcoins coming but not everyone are worthy. Due to number of altcoins, a lot of altcoins are being over powered by those who already are popular. Well I guess, they're creating different coins aiming to be that successful just like bitcoin. But it'll be hard for them to reach that point since bitcoin already faced a lot of challenges yet still managed to survive. But we can't erase the fact that altcoins also give a role in the market.

[ned.ryerson]

Indeed that there's a lot of altcoins coming but not everyone are worthy. Due to number of altcoins, a lot of altcoins are being over powered by those who already are popular. Well I guess, they're creating different coins aiming to be that successful just like bitcoin. But it'll be hard for them to reach that point since bitcoin already faced a lot of challenges yet still managed to survive. But we can't erase the fact that altcoins also give a role in the market.

the biggest advantage of bitcoin is that it is decentralized unlike all other coins and no one can kill it any day

[tenakha]

I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.

Bitcoin is 10 years old and there is actually nothing better happened all this time. Everything else looks like a cash-grab, full of fake news and hopes, full of invalid information about the tech, about decentralization and safety. Almost every blockchain has already been 50% attacked, Ethereum rolled-back it's own chain, Litecoin has no reason to exist, Monero perhaps had a reason but still so many problems with privacy, XRP, Stellar i can't find the reason people are still buying them. Some shitcoins had a chance to become something with all that influx of money in 2017, but devs thought it was better to re-invest all that money into private mansions and lambos instead of research and development. How do you think tech giants became the empires they are today? They allocated all profits into creating something better every year. Microsoft for example didn't pay a single dollar in dividents for the first 15 or 20 years of it's existence. All the profits were allocated in RnD. Which altcoin did the same? They all rushed to offload their billion coins and dump them on investors faces while talking about moon and taking over the economy. Such nonsense.
To conclude, I see every altcoin as overpriced by at least 10x right now and shorting all of them where it is possible into any pair available, BTC or USD.
I see all altcoins dumping 90% more at least and perhaps then we will find out who was milking them for profits in 2019 and who was actually working and has a decent product with a future.

We can not expect the most perfect in a decentralized system. On the contrary, we know how greedy and selfish mankind is, and it certainly shows up where they are. Even if this is the case, we know what we need to value, and as long as we are, why should we stick to such small obstacles? I think the current situation is much more advantageous than unnecessary regulations.

[rocku12345]

Indeed that there's a lot of altcoins coming but not everyone are worthy. Due to number of altcoins, a lot of altcoins are being over powered by those who already are popular. Well I guess, they're creating different coins aiming to be that successful just like bitcoin. But it'll be hard for them to reach that point since bitcoin already faced a lot of challenges yet still managed to survive. But we can't erase the fact that altcoins also give a role in the market.

the biggest advantage of bitcoin is that it is decentralized unlike all other coins and no one can kill it any day

Don`t forget about possible quantum future. Just in several years may be invented computer which will be able to attack even bitcoin`s blockchain.
Today cryptocommunity needs to obtain new type of thinking, a lot of here on bitcointalk say that we lost everything because of bad ICO scammers...But we have to look in future and help with our ideas and efforts to create something new protected and reliable.

[ATSgrowth]

I love the opportunity to choose freely a cryptocurrency that suits me best. You don´t like it? It is a free market, everyone is free to create a cryptocurrency and you are completely free to invest or avoid this cryptocurrency. 

[redsun114]

Altcoins that started earlier actually had a decent foundation and a decent technology, but along the line, we started seeing some of these shitcoins join in the game, thereby diverting the attention of user that would have continuously be patronizing these former projects to keep making their community grow.

I must tell you that it is because of these diverted attention that has made lots of these popular altcoins not have an expanded community more than the previous community they have had in the past which are actually still maintaining the project but does not have the capacity to make it grow further, before you can really feel the effect of altcoins is if we can actually have regulation, of which regulation will definitely cut down the number of projects that we have and eliminating the bad ones amongst them.

[vanya.pronin.1983]

I believe that the most altcoins will not make it to stay stable during the upcoming several years. Without a competent team management, a working product and a solid community support, it would be impossible to stay on board in the future.

[agentx44]

I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.

Bitcoin is 10 years old and there is actually nothing better happened all this time. Everything else looks like a cash-grab, full of fake news and hopes, full of invalid information about the tech, about decentralization and safety. Almost every blockchain has already been 50% attacked, Ethereum rolled-back it's own chain, Litecoin has no reason to exist, Monero perhaps had a reason but still so many problems with privacy, XRP, Stellar i can't find the reason people are still buying them. Some shitcoins had a chance to become something with all that influx of money in 2017, but devs thought it was better to re-invest all that money into private mansions and lambos instead of research and development. How do you think tech giants became the empires they are today? They allocated all profits into creating something better every year. Microsoft for example didn't pay a single dollar in dividents for the first 15 or 20 years of it's existence. All the profits were allocated in RnD. Which altcoin did the same? They all rushed to offload their billion coins and dump them on investors faces while talking about moon and taking over the economy. Such nonsense.
To conclude, I see every altcoin as overpriced by at least 10x right now and shorting all of them where it is possible into any pair available, BTC or USD.
I see all altcoins dumping 90% more at least and perhaps then we will find out who was milking them for profits in 2019 and who was actually working and has a decent product with a future.

Not all altcoins will make it in the future, some will soon meet it end and it will recieve no support from all the investors here. Bitcoin and all of the most powerful altcoin at the moment will surely make it in the future, they gain all the support and the patronization it needed unlike other new altcoins which needs to promote a lot before gaining recognition. Most of the pioneer altcoins gained a decent foundation unlike those that are new which has very little support from investors, we don't have to worry about them anymore and look forward on the more productive altcoins existing nowadays.

[sirminesalot]

I believe that the most altcoins will not make it to stay stable during the upcoming several years. Without a competent team management, a working product and a solid community support, it would be impossible to stay on board in the future.

very true that you convey in your opinion altcoin or other crypto currencies without the support and trust of many people will not mean anything even the coins will not last long, maybe in the future there will be a good altcoin and growing very rapidly and useful for investors who use it