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Author Topic: Are altcoins going to get the mainstream like 2017?  (Read 602 times)
KnightElite
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December 07, 2019, 02:11:25 AM
 #41

There is a small possibility that it will happen again. On the year 2017, we so many altcoins beat their previous ATH and we also so many parabolic moves. When this event happening, the term "to the moon" was created. That's why today there are still many hodlers that have a lot of patience increase their money in terms of hodling.
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December 07, 2019, 02:12:07 AM
 #42

Plenty of altcoin projects have ran out of money or abandoned by its developers in the last couple of years. This is nothing surprising since majority of startup companies usually fail and only the good ones are successful.
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December 07, 2019, 02:34:07 AM
 #43

There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
That might be true, the altcoins on cmc mostly are a shitcoin that we don't even know if their big volume is real or not. Sooner or later those altcoins will whitered down since we're not seeing any real developments or whatsoever from their developers. The one which will survive none other is the one that has a real use case, I think. Especially if they have a proven, well known, and useful working product. It will make them have a stable life, both in price and volume for a long time.

If we're talking about whether it will be the same just like how 2017 was, we won't know that for sure.
There is a possibility it will but on the other hand it might also not what we've excpected it to be. But I'm sure a lot of us hoping for that to happen once again.
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December 07, 2019, 03:11:06 AM
 #44

Some, as exclaimed my many others, 99% of altcoins are shitcoins with no inherent value.

Value is created by adoption, usability and the community or investors who back them. There will never be an altseason again like 2017-2018 and when it comes, only a few coins will see tremendous returns.


Deflate your hopes and dreams, come back to reality everyone.

I totally agree with your words sir, there are so many challenges facing crypto, Because of scam projects and mostly investers afraid from investing in crypto,
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December 07, 2019, 03:15:26 AM
 #45

There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks

well it depends .. 1 company can choose to use a coin, and its enough if they do because there are many traders who will sustain the price
there are "use cases" and there are "adoptions"
when the coin does not have a use case but some organization adopted it like Doge for example.
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December 07, 2019, 06:57:29 AM
 #46

In late 2017 we have seen most of the altcoins rose in the bullish run but now I have little doubt that all altcoins will repeat the same performance again when bull run will start because in this bearish market most of the altcoins have very less trading volume or I can say dead so we can not expect a miracle again from every altcoin this time I believe high potential coins will perform well when bull run will start.

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December 07, 2019, 07:05:08 AM
 #47

There is a small possibility that it will happen again. On the year 2017, we so many altcoins beat their previous ATH and we also so many parabolic moves. When this event happening, the term "to the moon" was created. That's why today there are still many hodlers that have a lot of patience increase their money in terms of hodling.
I think you are not much sure that again altcoins will go mainstream like 2017 but it is not right because after 2013 when bitcoin started to drop people were not sure that it will rise again but it started to gain value when the halving time came near also supporting all other coins now as bitcoin is not alone and there are all coins which are moving the same as bitcoin so in this halving again we will see all cryptocurrencies gaining a highest value.
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December 07, 2019, 07:18:57 AM
 #48

Your friend might not be exactly right. But it is true that there are not going to be a lot of altcoins that are going to perform in the future. So if you want to invest in them, be careful what altcoin you choose. Or sometimes, it's just you're really unlucky even though the coin/project looks promising.

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December 07, 2019, 07:47:07 AM
 #49

There is a small possibility that it will happen again. On the year 2017, we so many altcoins beat their previous ATH and we also so many parabolic moves. When this event happening, the term "to the moon" was created. That's why today there are still many hodlers that have a lot of patience increase their money in terms of hodling.
I think you are not much sure that again altcoins will go mainstream like 2017 but it is not right because after 2013 when bitcoin started to drop people were not sure that it will rise again but it started to gain value when the halving time came near also supporting all other coins now as bitcoin is not alone and there are all coins which are moving the same as bitcoin so in this halving again we will see all cryptocurrencies gaining a highest value.

Apparently you cannot blame him to  think that since apparently we actually suffers from huge bear season and might those could kill the expectation of anyone who's keep looking for the  price to grow but hopefully we can see a great lift up when halving came since for sure this is the most awaited time for people to see if we can experience the great rally the same on what happen on 2017.

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December 07, 2019, 08:06:55 AM
 #50

There will be another swing of crypto popularity, that's for sure. The question is will it be hype based, as it used to be or merit-based because of achievement. My bets are on the latter, hopefully some project like Amoveo will return the crypto glory
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December 07, 2019, 08:10:20 AM
 #51

altcoins will be hard to get to the mainstream like 2017. Thousands of altcoins are listed on CMC but only 30 to 35 altcoins can be used in the blockchain industry in the future. Smiley
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December 07, 2019, 09:03:22 AM
 #52

altcoins will be hard to get to the mainstream like 2017. Thousands of altcoins are listed on CMC but only 30 to 35 altcoins can be used in the blockchain industry in the future. Smiley
How do you predict that only 30 to 35 altcoins can be used in the blockchain industry in the future? Have you researched the 35 altcoins that have been registered in the CMC? if you have, try to explain here.
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December 07, 2019, 09:12:54 AM
 #53

There is a big possibilities that 75%-80% of those altcoin will die even they are already listed to the chart. All we know that what happened last 2017 has a big possibility that will happen in 2020. But it is hard to based on prediction so make sure that you will choose the right coin that you invest to make sure that you are far from loss.
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December 07, 2019, 09:29:29 AM
 #54

We already know that the condition of altcoins is very critical now, because a prolonged bearish market makes the price of altcoins
increasingly destroyed. Indeed it is true that thousands of altcoins that have circulated in various exchanges, but only about 10% of
altcoins can be useable. This is indeed a terrible fact, but we still have to be optimistic even though the market conditions are as bad
as anything. In my opinion there is still hope altcoins going to get the mainstream like 2017, is likely to happen in 2020. Because many
crypto events can trigger price increases for altcoins in 2020.

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December 07, 2019, 10:23:56 AM
 #55

I agree that most altcoins will die, because most altcoins are junk coins and it does not serve anything for real life. Perhaps 90% of the current altcoins will disappear in the future, but there will also be many new altcoins appearing, this cycle will occur continuously.
In my opinion the criteria to choose an altcoin is that altcoin's technology really serves a certain need of the market or life. I appreciate the underlying coins, besides the coins of the exchanges that are well worth the investment.


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December 07, 2019, 10:58:19 AM
 #56

There will be another swing of crypto popularity, that's for sure. The question is will it be hype based, as it used to be or merit-based because of achievement. My bets are on the latter, hopefully some project like Amoveo will return the crypto glory
Difficult to restore the crypto triumph as it was two years ago, because now there are so many project developers who are not serious about making projects, thus opening a gap for those who want to cheat, and that you can see now that there are so many project scams.

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December 07, 2019, 11:39:36 AM
 #57

30-35 dying altcoins in CMC ? Ill think that's not gonna happen even do some altcoins are not listed in CMC they worth also to buy. I found out some altcoins in CMC more than you mention are still active in the market. So we cannot tell yet if they dying or not, The one altcoins be dying maybe are those altcoins that have no development.

So for me Im not agree with you that 30-35 altcoins dying not value in a future, It was only prediction Ill think.
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December 07, 2019, 11:57:52 AM
 #58

Now it is not known which of these thousands will go into those 30-35 that will be used in the future. I think that in the next 3-4 years there will be strong competition between altcoins and only after a few years we will find out who really is a good project

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December 07, 2019, 12:02:00 PM
 #59

There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks

It would not be a surprise as the new coins and tokens would replace the old ones. Blockchain and crypto are new technologies and are going in rapid development. Any coins that would lag behind on the competition would be left behind. Of the currently listed 1000s of coins, only about 100 would survive after 10 years.



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December 07, 2019, 12:22:35 PM
 #60

There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks

I do not agree with the number your friend mentioned or discussed with you. There is no doubt, many altcoins are not even worthy to be created but saying just at most 35 of the entire cryptocurrencies will survive in the long run is not right, in my own opinion I think 85% can be justified as being worthless while the rest have a good chance of long term survival if they keep improving of course.


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