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Author Topic: Are Altcoins getting Boycotted?  (Read 3708 times)
OasisDre
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December 10, 2019, 12:50:39 PM
 #41

This is very simple, just find yourself a very good altcoin and buy, they will surely appreciate in value with or without any altcoin season, i am more into solid altcoins more than gathering coins for altcoin season that might never make a come back soon

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December 10, 2019, 01:07:57 PM
 #42

This is very simple, just find yourself a very good altcoin and buy, they will surely appreciate in value with or without any altcoin season, i am more into solid altcoins more than gathering coins for altcoin season that might never make a come back soon
Right, because collecting altcoin and waiting for the altcoin season to arrive will only take time, because altcoin market conditions in every year will definitely be different, except for altcoin that is really solid.

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December 10, 2019, 01:17:11 PM
 #43

Unfortunately, BTC is the only coin that delivers profit and altcoins are doing nothing but disappointing investors for a long time. There is no altcoin that raised so much as BTC did, so it is not the best choice to invest in alts instead of BTC.

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December 10, 2019, 01:21:07 PM
 #44


Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?

Maybe for now people are into bitcoins since they want a safety investment and bitcoins known for a higher chances for pump and dump schemes that's why many people for now are preferred to invest on it rather than the other alts since for now they are not doing well and most provably many people lose to much money for huge decline coming unto them that's why they shift for it temporarily.

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December 10, 2019, 01:32:03 PM
 #45

This is very simple, just find yourself a very good altcoin and buy, they will surely appreciate in value with or without any altcoin season, i am more into solid altcoins more than gathering coins for altcoin season that might never make a come back soon
Right, because collecting altcoin and waiting for the altcoin season to arrive will only take time, because altcoin market conditions in every year will definitely be different, except for altcoin that is really solid.
why do you think it will just take your time? it is obvious that if the entire altcoin market begins to show growth, then those coins that are in your portfolio will also look very good.

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December 10, 2019, 01:36:19 PM
 #46


Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
I really don't think the altcoins have a strong and stable enough foundation/support in order to work and be independently successful without Bitcoins stabiliziation and push.
  It seems like when Bitcoin starts to downtrend, other coins follow suit and start downtrending aswell, and vice-versa, when Bitcoin uptrends, altcoins almost always are soon to follow.

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December 10, 2019, 01:41:13 PM
 #47

Many altcoins have been in the business of screwing investors and keep collecting their bitcoin and landing them shitty coin or scam. I lost huge fortune in altcoin. People have realized that altcoins team have been telling them a lie about the possibility of their coin been better and more profitable than bitcoin in the shortest time, we have come to realized that all these are a faslsehood. Bitcoin always come back from the dead to recover almost all.
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December 10, 2019, 01:47:15 PM
 #48

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
The right term should be less interest. We know that altcoins are mostly dependent with Bitcoins prices but some did not recover at all. Investors are tend to be more cautious now than before, but as a young market theres always a room for growth expect a bloom again after the big recovery of mother of all crypto.
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December 10, 2019, 01:55:08 PM
Last edit: December 10, 2019, 08:33:06 PM by masterrex
 #49


Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
I don't think its like that, altcoins was not boycotted. let us consider that the dominant numbers of cryptocurrency in the market is altcoins, that's why most of its investors are scattered in different altcoin projects and that is why its not solid in terms of market size dominance. unlike Bitcoin since its the pioneering coin aside from the Bitcoin price is far more stable comparing to its altcoin counterparts it has a huge dominance in terms of market size.
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December 10, 2019, 01:58:51 PM
 #50

poor investors with worse on english they speak with no brain to ramps the startup project of mine. i have no chance as block them on not to gains as closer into my beautiful life and let them with their decision to follows the communist idea on how they might live like animal in indonesia.

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December 10, 2019, 02:10:28 PM
 #51

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
The right term should be less interest. We know that altcoins are mostly dependent with Bitcoins prices but some did not recover at all. Investors are tend to be more cautious now than before, but as a young market theres always a room for growth expect a bloom again after the big recovery of mother of all crypto.

First if you have a new coin it will produce a big thing for you but it's different now. The coins become junk that fills your wallet forever.
not all coins are junk, some new coins are starting to develop. there is no new platform that can suddenly compete directly with platforms that have long existed on the market. because now many new projects but using the same concept with the existing platform. then it becomes a big challenge for new projects to survive in the market because they have to compete with existing platforms. when they come up with the same situation and concept without different updates and coins. of course a market that is not strong will make them not grow even they will not be interested in the market.









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December 10, 2019, 02:29:33 PM
 #52

This is a human factor when money flows into Bitcoin because not everyone can look at how small their portfolio is for a long time. Altcoins need good and high-quality projects, and most importantly, so that no one interferes with their development, I’m talking about higher authorities now.
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December 10, 2019, 02:29:52 PM
 #53

Putting a lot of invesents in altcoins are more risky than grow throwing your investments bitcoins. Bitcoin has already been established, proven and more valuable assets than any other alts in the market even if some of the alts have produced something usable for the blockchain community.
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December 10, 2019, 02:59:29 PM
 #54


Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?

Bitcoin is surely overwhelming but it does not mean that the altcoin industry will end because of this situation. Anything can happen and there's still that bitcoin's influence in the industry that is almost impossible to erase. Even people who know the least about cryptocurrencies, are more likely to use the term "bitcoin" more than the term "crypto". Yet, I still do believe that altcoins can and will survive and would be part of the futuristic society I dream of.

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December 10, 2019, 03:48:48 PM
 #55

As for me, people are just doubting and don't want to risk buying altcoins these days because we all know that it isn't the best season for altcoins. I guess investors aren't boycotting altcoins but they just stop buying and continued holding what they have. Let's not underestimate altcoins because there are still multifunctional coins with potential.

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December 10, 2019, 03:57:15 PM
 #56

People are afraid to put money into the lottery, which altcoin market right now is.

That's true there are a lot of risk putting money in altcoins, but these are new coins and not coins that are on the top 5 coins in the market, even though Bitcoin dominance is very high, there are top coins in the market, that will narrow the gap between them and Bitcoin, but I'm talking about the top 5 altcoins, not new coins or coins that are not in the top standing.

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December 10, 2019, 06:20:56 PM
 #57

People are afraid to put money into the lottery, which altcoin market right now is.

My dear, its indeed a lottery. No matter how good you are with trading or chart reading, u can't always accurately catch the bottom of these altcoins before moon. And in some cases, it might be like catching a knive just like in the case of pundix. I am still averaging down. Buying dips but it seems to have an endless bottom. I don't blame those that rather keep their money to themselves till they can full understand the bizarre market conditions

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December 10, 2019, 06:38:07 PM
 #58

Better to hold strong altcoins now if you still have interest in them, I believe that the altcoins that will perform very well in future are strong altcoins with good useful cases, there is still chances of making big profits from altcoins but not shitcoins anymore
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December 10, 2019, 06:44:32 PM
 #59


Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?

Due to too much scams, investors are reluctant to put money in new coins. Altcoins market is getting restricted to just few coins like ethereum, XRP, Litecoin. I dont think there are any altcoins in the market that can challenge Bitcoin dominance.   

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December 10, 2019, 07:33:54 PM
 #60

Better to hold strong altcoins now if you still have interest in them, I believe that the altcoins that will perform very well in future are strong altcoins with good useful cases, there is still chances of making big profits from altcoins but not shitcoins anymore
At the moment market is not stable, it is very risky to buy altcoin now. Even though the price went up, it was only a slight reflection, then dropped deeper. No matter how good altcoin is, you should never love it, even altcoin is as good as Matic, the price can drop -50% in a day.

 
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