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Author Topic: Nothing is wrong with altcoins  (Read 2836 times)
bryant.coleman
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February 04, 2020, 03:01:05 AM
 #281

ROFL... Nobody is blaming the altcoins because they are losing value. The altcoins are being blamed, because many of them have turned out to be scams and the promoters have indulged in unethical practises to make profits from them. On top of that, there have been heavy market manipulations with many of these altcoins. And the worst part is that the promoters usually make their exit, once they are able to profit out of the market manipulation. In the end, everyone loses out, including the investors, bounty hunters and even the exchanges where these coins are being listed. The drop in exchange rate was directly caused by these factors and this is why many of the coins have become dead and many others have lost more than 95% of their value.



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February 04, 2020, 12:41:47 PM
 #282

I think that neither Bitcoin or Altcoins are to blame for the decreased value of one coin or another. These crypto currencies are changing their value passively brought about by the demand and supply. However, unethical intentions in such launching a coin to the market in disguised for fraud and manipulation somehow affect the other coins but not necessarily the main factor for the change of its value. People must be keen in investing and indulging themselves in different types of coins because it might be one of the major factor why such coin exist, persevere and trouble other people.

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February 06, 2020, 12:24:32 AM
 #283

Indeed nothing is wrong with altcoins, the main issue is that we get a bad price also because of bear market and also because a lot of scams ICO and hacking stuff, but we wait for bull market.
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February 06, 2020, 04:20:15 PM
 #284

In recent days, the situation on the cryptocurrency market has changed slightly in favor of altcoins. For example, since the beginning of 2020, BTC has grown by 34% and ETH by 63%. As for LTC and EOS, they are even higher - by 78%. This gives a bit of optimism, now many will turn to altcoins face and more closely begin to study new and existing projects.
cafoo4161
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February 06, 2020, 05:52:05 PM
 #285

You're right sir nothing wrong with altcoins but altcoins without serving anything is all wrong. People just create coins and waiting for people buy and sell it. 2019 was mostly scam year with currencies without project. I hope 2020 will be different. Also i wait for HOX Token which going to list three big exchanges and developing own mainnet. I hope HOX will be listed at Kucoin.
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February 06, 2020, 06:00:13 PM
 #286

In recent days, the situation on the cryptocurrency market has changed slightly in favor of altcoins. For example, since the beginning of 2020, BTC has grown by 34% and ETH by 63%. As for LTC and EOS, they are even higher - by 78%. This gives a bit of optimism, now many will turn to altcoins face and more closely begin to study new and existing projects.

It is too early to compare the trends, because we had just one month in to 2020 so far. It is true that Ether had a slight jump so far, but we also need to remember that the Ethereum exchange rates (versus Bitcoin) was going down for most part of Q3 and Q4 2019. I would rather say that the altcoin prices are moving towards stabilization after an extended bearish phase.

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February 06, 2020, 06:13:41 PM
 #287

If we have noticed, Bitcoin dominance has reduced a bit which means Altcoins are gearing up for a move as well. At every Bitcoin mega move, alts will decline except the two markets are moving up together.

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February 06, 2020, 06:32:24 PM
 #288

If we have noticed, Bitcoin dominance has reduced a bit which means Altcoins are gearing up for a move as well. At every Bitcoin mega move, alts will decline except the two markets are moving up together.
If bitcoin dominance haven't decrease it would have been a sad story for all altcoins by now and thanks to bitcoin now many will start believing that altcoins haven't lost its strong movement yet, just imagine if bitcoin reach 20k again many altcoins will bring massive ROI

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February 06, 2020, 06:39:39 PM
 #289

LTC,BNB was not going fall down? how these are fine in your perception, among all of top ranking altcoins i think BNB is still 60% down but struggling to recover, i never worried BNB because it's will recover in front of big IEO wazrix, as well as LTC price so lower in currently and going lost ranking gradually.

Nothing big affected in EOS that is your correct explanation, in the market price is cool.  
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February 06, 2020, 10:11:30 PM
 #290

Great to see adoption happening on TemTum’s blockchain

Currently an average of 30,000 non exchange transactions per day and increasing - it took bitcoin over three years to hit the same milestone

The future looks promising as more and more companies and national state test out temtums blockchain

source for Bitcoin stat - https://www.blockchain.com/charts/n-transactions?timespan=all

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February 07, 2020, 09:12:35 AM
 #291

I think that altcoins pump will certainly be. Bitcoin now shows bullish sentiment and other coins are also starting to move. The situation is changing and this is a good sign. I think those who have money to invest in cryptocurrency will be able to make money in the near future. Just need to consider all the risks.
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February 07, 2020, 04:06:49 PM
 #292

In recent days, the situation on the cryptocurrency market has changed slightly in favor of altcoins. For example, since the beginning of 2020, BTC has grown by 34% and ETH by 63%. As for LTC and EOS, they are even higher - by 78%. This gives a bit of optimism, now many will turn to altcoins face and more closely begin to study new and existing projects.
It is too early to compare the trends, because we had just one month in to 2020 so far. It is true that Ether had a slight jump so far, but we also need to remember that the Ethereum exchange rates (versus Bitcoin) was going down for most part of Q3 and Q4 2019. I would rather say that the altcoin prices are moving towards stabilization after an extended bearish phase.
The market always alternates between UPS and downs, and even an "all-powerful" technical analysis cannot predict how long this will last. I do not give advice on buying or not buying cryptocurrencies, I just gave a little statistics and expressed my opinion about investing.
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February 08, 2020, 02:37:12 PM
Last edit: February 08, 2020, 02:55:35 PM by olabsd
 #293

The question is interesting, however I would definitely recommend you to evaluate solutions on your own after recommendations. Cause your own experience matters a lot as well, own requirements, own vision. You cannot just follow the platform someone recommends
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February 08, 2020, 02:38:18 PM
Last edit: February 08, 2020, 02:56:02 PM by jetskur
 #294

The question is interesting, however I would definitely recommend you to evaluate solutions on your own after recommendations. Cause your own experience matters a lot as well, own requirements, own vision. You cannot just follow the platform someone recommends

Hey. I absolutely agree with you and this is also the strategy I follow. What is important as well - innovations, milestones and working product. At least for me. By the way, talking about you, are there many solutions you follow these days? How are you usually discovering new ones?
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February 08, 2020, 02:43:51 PM
Last edit: February 08, 2020, 02:57:03 PM by olabsd
 #295

Hey. I absolutely agree with you and this is also the strategy I follow. What is important as well - innovations, milestones and working product. At least for me. By the way, talking about you, are there many solutions you follow these days? How are you usually discovering new ones?

Nope, I cannot say that there are many, only 2 or 3 most advanced ones. Basically, my favorite these days is Verasity with their VRA token. Guys are coming with entirely new standards on video sharing industry, having more than 700k active users. What I am really impressed with - VRA token is having truly high trading volume, leading Binance DEX and is already listed on Kucoin (more Tier 1 exchanges listings are planned). And there are pretty bold milestones being met, for example, Verasity has proved its value to publishers by dramatically increasing viewer engagement and video views on their site domains to 1.3M viewers. Of course, I recommend you to check out their website to explore more
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February 08, 2020, 02:44:39 PM
Last edit: February 08, 2020, 02:57:54 PM by jetskur
 #296

Nope, I cannot say that there are many, only 2 or 3 most advanced ones. Basically, my favorite these days is Verasity with their VRA token. Guys are coming with entirely new standards on video sharing industry, having more than 700k active users. What I am really impressed with - VRA token is having truly high trading volume, leading Binance DEX and is already listed on Kucoin (more Tier 1 exchanges listings are planned). And there are pretty bold milestones being met, for example, Verasity has proved its value to publishers by dramatically increasing viewer engagement and video views on their site domains to 1.3M viewers. Of course, I recommend you to check out their website to explore more

From your words definitely sounds impressing. I will check out more shortly and get back with thoughts
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February 08, 2020, 02:50:08 PM
 #297

If we have noticed, Bitcoin dominance has reduced a bit which means Altcoins are gearing up for a move as well. At every Bitcoin mega move, alts will decline except the two markets are moving up together.

i dont think so .  bitcoin wont losoe its dominance because most of the users are going to prioritize btc more than anything else but if you mean the increase of the price of btc is lower than what the alts increase , that could be because btc is too expensive but alts have less expensive price and that gives an illusion of a higher price increase .  nothing is wrong with altcoin  but if you think there is then that is already your problem  . alts are only just a coin but people are making a decision if what will happen to them  .

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February 08, 2020, 02:50:53 PM
 #298

From your words definitely sounds impressing. I will check out more shortly and get back with thoughts

Will be waiting for you, pretty sure you will find out many great aspects there
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February 08, 2020, 09:36:43 PM
 #299

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

I agree with you, altcoin which will never give us profit is altcoin which does not have a product or project from altcoin that has no progress, so that the price of altcoin will never increase and will become shitcoin, but if we hold altcoin that really has a good product, then we don't need to worry about holding it, because the price will increase if the market starts to recover and there is a bull run.

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February 12, 2020, 08:23:55 PM
Last edit: February 12, 2020, 09:04:24 PM by wellay
 #300

Blockchain solutions are progressing more and more into specific industries that used to work without it few years ago. And to be honest, I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Even though, many parameters must be analyzed before blindly believing in the benefits
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