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Author Topic: Nothing is wrong with altcoins  (Read 2836 times)
juegav
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February 12, 2020, 08:24:31 PM
Last edit: February 12, 2020, 09:05:02 PM by juegav
 #301

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

Hey. This is true. And what are the industries you are following? And how are you basically exploring new solutions on the market?
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wellay
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February 12, 2020, 08:31:56 PM
Last edit: February 12, 2020, 09:05:46 PM by wellay
 #302

Hey. This is true. And what are the industries you are following? And how are you basically exploring new solutions on the market?

I attend lots of music festivals and sporting events, which is why I was excited when I discovered GET Protocol. It seems like a really cool solution with a lot of adoption and promising future. I wanted to share some info about them and ask for your opinion. GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way
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February 12, 2020, 08:32:26 PM
Last edit: February 12, 2020, 09:06:32 PM by juegav
 #303

I attend lots of music festivals and sporting events, which is why I was excited when I discovered GET Protocol. It seems like a really cool solution with a lot of adoption and promising future. I wanted to share some info about them and ask for your opinion. GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way

Hmm, this sounds interesting as this is the in demand industry. But can you probably come up with more info on GET protocol?
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February 12, 2020, 08:40:35 PM
Last edit: February 12, 2020, 09:08:08 PM by wellay
 #304

Hmm, this sounds interesting as this is the in demand industry. But can you probably come up with more info on GET protocol?

Basically, as I said, guys are bringing blockchain onto ticketing industry. And results so far are amazing - around 300k tickets are sold, partnership with Oerrock festival and more. What do you think of the guys? In my opinion, new standards on the market. Of course, I recommend you to have a closer look at their website to have deeper understanding of the idea. Pretty sure that you will be impressed
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February 12, 2020, 08:42:49 PM
Last edit: February 12, 2020, 09:08:27 PM by juegav
 #305

Basically, as I said, guys are bringing blockchain onto ticketing industry. And results so far are amazing - around 300k tickets are sold, partnership with Oerrock festival and more. What do you think of the guys? In my opinion, new standards on the market. Of course, I recommend you to have a closer look at their website to have deeper understanding of the idea. Pretty sure that you will be impressed

So far indeed sounds interesting, will definitely have a look on my own and get back with own thoughts shortly! Thank you for your recommendation
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February 15, 2020, 03:45:47 PM
 #306

How do you feel about altcoins now, guys? Looks better, huh? Smiley
Peolple's mood is easily manipulated by the market makers, it's always funny to watch these changes Smiley

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February 15, 2020, 05:14:30 PM
 #307

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 love the last line " you can only have problem if you invest in crap altcoins" this is just the truth of the whole matter. It doesn't make sense to hate the entire altcoins, but it is justifiable to hate most altcoins because they lacks value and utility while altcoins like the one you mentioned are trying their best to stand out. Lastly, there is no coin which hasn't lost value or dropped in price before but the ability to bounce back is what makes the altcoin in question a valuable and worthy one. So in my own opinion, it is not right to hate the entire altcoins because of a drop in price of which Bitcoin isn't exempted.

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February 16, 2020, 03:52:33 PM
 #308

Practically all the crypto  currencies lost its incentive from untouched high yet this isn't the genuine purpose behind individuals to despise! Increasingly more new cryptos however everything transforms into trick so individuals really lost enthusiasm on new cryptos which additionally influences the cost of old altcoins and furthermore the pattern of crypto cost advertise.

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February 16, 2020, 03:59:29 PM
 #309

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
DYOR will always become the main thing in this case as what we should do just need to analyze anything before we can try to join on such altcoin. Some recommendations are not even wrong if that comes from the trusted members with a very good reputation among the crypto users. Just put DYOR as the main consideration before trying to take any step.

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February 25, 2020, 07:49:51 PM
 #310

Actually in general all the alternative coins have the same fluctuating nature when there is a change in the price of bitcoin. The striking thing that can distinguish these altcoins is how the management team they have can maintain their existence.

Any increase in the price of an alternative coin is due primarily to the fact that new money is pouring into it. This can be a real investment of large capital or fake using bots and fictitious cheat volumes.
In any case, there is some pattern related to the quality of the project.

Even if a project stands still for a long time, but has a potentially profitable idea, there is a high probability that a large market maker will enter this project and begin to manipulate the price.





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aemma
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February 25, 2020, 08:49:48 PM
 #311

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

Bear market affect all coins but there is something that makes others to stand out and that is, their ability to regain its value when the market changes positively.
Also, i will tend to be a bit specific, nothing is wrong with few altcoins but a whole lot is wrong with majority of altcoins. Talking about few altcoins, am referring to those top or major altcoins like Eth and few others which are showing signs of development with proofs to back it up. On the other hand, majority of altcoins are not worth it, it's either the team will give excuses why the project will be suspended or excuses as to why the roadmap needs to change and so forth. Some will even delay development with no good reason as to why the development is being suspended, hence all these leads to one thing, a token with no value. Therefore let's endeavour to stick to those altcoins which are working and it's evident for all to see.

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February 25, 2020, 09:27:59 PM
 #312

Well presently almost all altcoin are down, this could also be a reason caused by bitcoin, because it is also falling,we noticed  that when BTC is moving up, some coins tend to move or when it is stable. So it is obvious altcoin is so much dependent on the bitcoin and as well as their price movement

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March 04, 2020, 09:12:56 AM
 #313

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

First thing First, the market is affected by many things, where there are coins which stands to ensure they aren't too affected others are helpless. That is, when bear market sets in, all coins will lose value and most people will convert to stablecoins to protect their funds, in bear market both Bitcoin and altcoins drops in value that is for sure, but what happens after the bear market? This is a question that really matters a lot.
No one should blame altcoins from dropping in value as it is people that invest, trade and hold them and can do whatever they want just to be safe, but one can really blame some altcoins and this comes in when there is a bull run and they aren't moving while others are moving; thus showing that, the particular altcoin in question lacks a lot hence the reason investors moved to others already booming. To answer the question that really matters, taking BNB as an example, the team is bringing in services such as more fiat support to ensure the relevance of the platform, so in this case investors have reasons to invest every now and then. Therefore, investing in good altcoins is very important so as to be on the winning side.

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March 04, 2020, 10:27:49 AM
 #314

Yes there is nothing wrong with alts. In fact, I earned more in alts than in bitcoin in the year 2017 not only because I joined most alt campaign but I saw the alt potential that time. Some alts has a price 0.1 to 1 dollar way back 2017, if I earned 3000 of it through a bounty campaign then it will be $3000 dollar. If the alt is a good coin then its price will rise. What if it reaches 5 dollars each ? Then I will be having $15,000.

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March 11, 2020, 07:51:32 PM
 #315

It is sad but from the look of things, there are many crap altcoins out there which always makes it look like investing in most altcoins is a waste of time. Apart from major altcoins or even top 100 to make a research on other altcoins isn't that easy as the rate of worthless coins keeps increasing. But yet I would say nothing is wrong with all altcoins as there are still a little number worth getting investing in, on the other hand it isn't right to judge all altcoins because of bear market as it also affects even Bitcoin. So the main idea is, invest with good altcoins such that even if there is bear market which all coin are affected when there is bull run those altcoins will still be able to run along.

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TheMystic
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March 23, 2020, 06:12:21 PM
 #316

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

You have listed my exact holding of altcoins. There is every possibility of altcoins pumping alongside btc when bullish season comes, also there are many altcoins in the market doing very well even when btc does not pump, it all depends on the market. But I still think crypto season has it's pump and dump period... It just can't be predicted

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March 23, 2020, 09:39:01 PM
 #317

TEM price is up 6.7% in the last 24 hours.
it's been holding steady pretty much since this all started, once corona is back under control and news of their partnership with governments to use their blockchain for a national digital currency hits....i really believe it will be a moonshot coin.
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March 30, 2020, 08:33:30 PM
 #318

No one is blaming altcoin but you can't compare the recovery rate of Bitcoin to other coins. Not everyone knows how to select a good altcoin to trade and this can cause alot of loss.

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May 07, 2020, 08:11:40 PM
 #319

It is acceptable and i  agree that some altcoins are better to use and some example of that are eth,bch,xrp,litecoin , ltc,dash,doge that turn useful and helpful for long / short term invest in my opinion .It is proven that  some of are altcoin can raise up with higher price above 10% and higher with price altcoin still lower will get much profit, but never choose wrong altcoin for investing which can be the cause of your beloved money .

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May 11, 2020, 06:34:30 PM
 #320

The most important thing to investing in crypto is about knowing time hits , research,observation and dedication on this market when to buy and sell and also have potential coins in your portfolio . Currently altcoin may not provide much long-term benefits, but we can still take observation of short-term investments or trading with altcoin. so whatever the coins and investments depend on ourselves when you pick the right time to earn some big bucks . I Hope the mother of all coin bitcoin will gets the bull run,which bring some hope to the altcoins .






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