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Author Topic: Promoting cryptocurrency through altcoin  (Read 607 times)
target
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December 19, 2019, 03:39:52 PM
 #21



The reason why its not going to be promoted is because people will have doubts to every altcoins out there due to the scams that had happened. Its just too easy for the teams to exit and abandon a project and that investors just have no trust to teams creating altcoins anymore. I hold some altcoins that I thought would become one of the most useful but end up delisted in the exchanges already, the history of this coin will always come up when promoted once again.
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December 19, 2019, 03:46:17 PM
 #22

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more
well it's possible to gain more adoption by supporting some popular coin
but by supporting new coin and token is risky because there is a lot of scam in altcoin in bounties and coin/token offering
there is a possibility that those investors will stay from crypto if ever they lose some money





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December 19, 2019, 04:07:52 PM
 #23

it's very useful when explaining crypto to people who don't know what is crypto ,altcoin has an important role in the progress of bitcoin but everyone only hears about bitcoin rather than altcoin because news has spread all over the world and guidelines for crypto too all this is just a time will answer that and there is no speculation interests of each individual for crypto

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December 19, 2019, 04:14:37 PM
 #24

If you mean about the promotion of altcoin then not everyone knows, the first thing you need to do at the beginning is about bitcoin. if someone already knows about bitcoin then it's easy to find out what crypto or other altcoin is.
and the second problem about altcoin adoption as a whole is not possible, because people know bitcoin first than altcoin. altcoin is only used for investments other than bitcoin and also not all altcoins are worthy of investment.


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December 19, 2019, 04:16:18 PM
 #25

it's very useful when explaining crypto to people who don't know what is crypto ,altcoin has an important role in the progress of bitcoin but everyone only hears about bitcoin rather than altcoin because news has spread all over the world and guidelines for crypto too all this is just a time will answer that and there is no speculation interests of each individual for crypto
When we are talking about crypto the main idea is all about bitcoin. Altcoin on crypto is not quite popular unlike bitcoin it is a center of all digital coins. That is a big help to Bitcoin when someone promoting altcoins because altcoins are their only pair is bitcoin when it comes trading. So, the name of bitcoin in the entire crypto will never be lost and instead, altcoin was already tied up to Bitcoin.

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December 19, 2019, 04:25:09 PM
 #26

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more
Altcoins are getting bad publicity because of the fraudulent acts that victimized investors. And the bad thing is not just altcoins but the entire crypto industry was severely affected by those bad publicity that's why new potential players or investors are having second thought while investing in cryptocurrency resulting in price dump and market drought for the past 2 years already and because of this promotion is not helping at all, they should address first the scammed problems before planning for another promotions.
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December 19, 2019, 04:38:31 PM
 #27

Bitcoin is the main cryptocurrency that is widely known by people as a good primary coin for investment.
The new Altcoin and the old altcoin are currently increasingly not desirable because it is still not good to enter and invest in altcoin other than bitcoin.
When the dominance of Bitcoin began to rise until now then Altcoin is still in a bad state.
Bitcoin dominance needs to decrease to make Altcoin recover prices.
so that the promotion of cryptocurrency through any altcoin will be better and can be accepted by the public.

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December 19, 2019, 04:46:24 PM
 #28

altcoins have grown a lot and that means many people have an interest in altcoins and indeed, it is not always about bitcoin but with bitcoin at least the crypto market can continue to move to become more popular and we cannot deny that because the market has at least a cycle which of course all the coins inside have the chance to grow bigger

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December 19, 2019, 04:50:11 PM
 #29

bitcoin is a digital currency that first appeared and is known by most people. Well, maybe not everyone knows what cryptoqurrency is, but if you introduce bitcoin, I think people can understand it. Altcoin is an alternative investment other than bitcoin, and bitcoin is a profitable investment and people are more familiar when they hear about bitcoin.

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December 19, 2019, 04:56:44 PM
 #30

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

i dont agree man, but i could see how the newer users in this scene WOULD agree, as you do.
My view is 90% of those alts your talking about were scams to begin with, most of them are ONLY even still running for fear of being sued for scamming
so they have to atleast give a simbiance of "trying" .   They dont even need to exist, people like you need to realize BTC itself could do all this, smart contracts, all of it.
but people with technical skills are too busy trying to make the next Bitcoin, or just anything to get in the ground level of money making cryptocurrency.  they care of only that sadly
they should have just leant their skills to helping BTC, but they wouldnt get rich that way would they? these people are nocoiners, they got in too late, own maybe 5 btc lol

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December 19, 2019, 05:17:28 PM
 #31

Only the legalization of cryptocurrency or some strong news that will help investors to be sure of some altcoins can strengthen the position of altcoins in the market. Many people know about altcoins only as scam coins that can make you very poor in a few days.






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ryzaadit
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December 19, 2019, 05:26:17 PM
 #32

Libra one of the free advertising for bitcoin.

Went a lot of customers from facebook try libra, they also will search "Bitcoin" and other related information about "Cryptocurrency". They will realize, about the good thing of decentralized and moving on to bitcoin itself.
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December 19, 2019, 05:33:53 PM
 #33

bitcoin is only one while altcoin in large numbers on one hand has different functions.
so it's no surprise that bitcoin is the key to all this, including ways to introduce other cryptoqurrency as well.
I mean, if people know bitcoin automatically, people will also know about other cryptocurrency.
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December 19, 2019, 05:40:08 PM
 #34

Crypto has largely been synonymous of online gambling. So, online gambling without any restrictions could be one pulling factor for new users.
Earning crypto and getting rewards playing games, In game tokens as crypto would also benefit the use and adoption of crypto.

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December 19, 2019, 06:48:28 PM
 #35

Only the legalization of cryptocurrency or some strong news that will help investors to be sure of some altcoins can strengthen the position of altcoins in the market. Many people know about altcoins only as scam coins that can make you very poor in a few days.
If you mistakenly invest to scam project then expect that everything will be nothing your money will be taken away from you. Legalization of cryptocurrency adds good factors to take effects with the market. There's no doubts that investors wanted to hear more positive news before
placing their money inside the market as they are very careful voiding the possibilities of getting scammed out.
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December 19, 2019, 06:59:22 PM
 #36

bitcoin is only one while altcoin in large numbers on one hand has different functions.
so it's no surprise that bitcoin is the key to all this, including ways to introduce other cryptoqurrency as well.
I mean, if people know bitcoin automatically, people will also know about other cryptocurrency.

Absolutely correct, it's like a domino effect so once people have been exposed to Bitcoin then they will surely know about other cryptocurrencies though it will take some years from now and altcoins should have big development like having a real use-case or stopped the scummy project to gain trust from people or investors.

 
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December 19, 2019, 07:03:02 PM
 #37

It would be a huge boost to the cryptocurrency space if the altcoin could gain popularity like that of Bitcoin. That could take a long time to accomplish but it's possible. Altcoin would need to sit up to her responsibility of reducing, if not eliminating issues of fraud and Scam.
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December 19, 2019, 07:06:51 PM
 #38

altcoins are very good for promoting any product, it is very good that we have them

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December 19, 2019, 07:17:04 PM
 #39

In its development, Altcoin also contributed greatly to the development of blockchain and cryptocurrency, so that its usefulness for the wider community could be felt. Because bitcoin is anonymous, so it will continue to be a secret, while altcoin is more open, many development teams show their identities clearly, show the progress of project development and subsequent plans, everything is clear and detailed, making the public better understand. So, this goes hand in hand and strengthens each other to form a complex and profitable cryptocurrency ecosystem with real adoption.

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December 19, 2019, 08:40:18 PM
 #40

with Blockchain technology, it would make good movement in many aspect of life. that can be promoted to many people
but, cryptocurrency is more to "money technology", and Bitcoin is the first.
so, the others field such as gaming, medicine, etc wouldnt be hype as crypto "money"

 
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