ife2020 (OP)
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February 24, 2020, 07:10:09 AM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
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shaheer001
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February 24, 2020, 12:05:57 PM |
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You are right except few projects including exchanges coins like BNB, OKB, KCS updating and developing their projects but all other projects which were in top 100 positions in 2017-18 are now near to death, The reason is they did not improve the project as per their road map.
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thiscomm
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February 24, 2020, 01:03:57 PM |
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in my opinion the bad price of Altc is not caused by the influence of an exchanger like BNB. but for the time being everyone is looking at the decreasing number of BTC, they hope to have the remaining BTC currently in the market. so all transactions are focused on the number of BTC, resulting in poor Altc transactions which will keep Altc prices continuing to fall.
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masterrex
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February 24, 2020, 01:14:42 PM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
\ In my observation, many factors were involved why most of the altcoin projects are experiencing like that, for me that also frequently joining in IEO's the reason I noticed was most of the investors are just dumping the tokens after it was listed thats why the price continues to decline since it has no token demand yet obviously the price will crash thoroughly thats one of the many problems that should address to prevent the massive price fluctuation. in the most crypto projects after it was listed.
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rosezionjohn
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February 24, 2020, 01:21:34 PM |
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Catalyst you say? As of now, the only catalyst is bitcoin on an upward trend. Some say a bull run.
I remember back in 2018 when almost all altcoins that I follow kept on releasing some news every week or two in order to keep the price up. All those hype were not working because bitcoin was freefalling at that time. I don't think that has change until now. Now matter how fundamentally good an altcoin looks, its price will still depend on btc's movement.
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othell_rogue
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February 24, 2020, 01:21:36 PM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
The only Catalyst for the alts to go up is Bitcoin, if the Bitcoin price will go above $50K many people will make good money and they will reinvest it in alts, like it happened in 2017/2018.
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fuer44
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February 24, 2020, 01:50:45 PM |
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I agree with that, many of the new altcoins are only short-term and some are even new to listings, they have lost prices. maybe because it was the target of the development team that only focused on listing tokens and didn't care about the long-term project. if tokens should be supported for long-term projects and continue to be developed, no matter how small the value when listing, it can certainly increase liquditas and trading volume so that prices can pump up even though it is slow.
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thisnewcoin
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February 24, 2020, 03:02:28 PM |
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Most of the altcoins are being managed by the greedy team. They raised huge money from the ICO/IEO but after that, they all forgot all the promises they had before the sale. Many projects just list on some exchange and that's the main development they want to say. Binance, Okb, HT, NPXS, TRX and all the potential coins are not just sitting around, they always bring a new idea, a new challenge to make the community strong, supportive and helpful and that's why after years they are still ruling the altcoin market. Where the majority of its project has no catalyst, no developments, that's why they ended up by scamming investors!
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Mpamaegbu
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February 24, 2020, 03:47:11 PM |
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You are right except few projects including exchanges coins like BNB, OKB, KCS updating and developing their projects but all other projects which were in top 100 positions in 2017-18 are now near to death, The reason is they did not improve the project as per their road map.
A case in point is Walton. So disappointing that the coin is almost disappearing. And to think it's less than $0.60 today whereas it had an ATH of $15+. To be frank, I think altcoins having a good run depends on Bitcoin bull run. Once Bitcoin pushes up, altcoins follow suit and that was what we witnessed in the 2017 golden era, whether the altcoins had any good use case nor not.
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Jannyh
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February 24, 2020, 04:24:57 PM |
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Sometimes even when other coins are moving, some just get stagnant without any price change or rather the price keeps dumping, could it be that developers have stopped following road map, or the use case of the project is just a copy cat, I also believe that when there is progress with a coin from developers, there will be price change.
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wozzek23
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February 24, 2020, 05:01:26 PM |
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What kind of catalyst you are talking about? If you are referring something which is in terms of huge money to manipulate and to pump it all the times then you must be 200% wrong.
The real catalyst for making some coin successful must be its use-case. Without a real world application no coin will be successful and if any coin is currently successful without any real use case then it will get dumped in very near future itself. Yes, success of a coin is truly depending on what kind of new thing it is bringing to this world and human life.
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Quidat
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February 24, 2020, 05:07:09 PM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
The coins you've mentioned are Exchange coins so it is somewhat different to other coins which are on the different prospect or essence of the project they are trying to built. We know that exchange are somewhat in demand.Therefore, it do have bit more chances for it to be hyped depending if they do perform well and get the communities attention on using up their platform. Of course, development is everything and this is what most projects or shitcoins do fail to achieve in the first place.
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jostorres
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February 24, 2020, 05:15:30 PM |
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What kind of catalyst you are talking about? If you are referring something which is in terms of huge money to manipulate and to pump it all the times then you must be 200% wrong.
The real catalyst for making some coin successful must be its use-case. Without a real world application no coin will be successful and if any coin is currently successful without any real use case then it will get dumped in very near future itself. Yes, success of a coin is truly depending on what kind of new thing it is bringing to this world and human life.
I agree that the real catalyst should be an inherited one and should not be an external one. But if you look, most of the coins are promoting themselves heavily as they are believing that heavy advertisements is the real catalyst for the success for their coins. When a coin is doing ICO, regardless of how intensively they are promoting themselves through various campaign, you can see only the real potential coin are attracting more number of investors and all others are losing their money in advertisement campaigns. Unfortunately some devs are believing a well written WhitePaper and attractively designed RoadMap are more than enough for them as the catalyst to attract investors but they also do bite dust.
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Docnaster
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February 24, 2020, 05:20:39 PM |
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I think the most realistic catalysis that we're going to see implemented within a couple of months is the BTC halving. We all expect that this event will pump BTC and hopefully bring it to a new high, at least that's what most people predict, anyways.
And since BTC often goes hand in hand with altcoins, the pumping from the halving event hence is thus expected to also pump altcoins.
Once that's established, I think thereafter will be a matter of maintaining the price at the all times high, and help it though different mediums to obtain the pumping level it deserves. This won't be an easy task, in fact its probably far from it but at least there would be a good starting point.
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enhu
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February 24, 2020, 05:43:13 PM |
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Altcoins team are suppose to give another roadmap when the previous one is already achieved. This will make milestones to be catalyst for its price but if the team doesn't provide new roadmap then its going to be in a dead impasse for both investors and the team since the project may not continue which is why tokens sometimes end up delisted on exchanges.
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slashz9
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February 24, 2020, 06:01:14 PM |
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I don't think if they put the development list on a white paper either, it won't guarantee that the project will run it. they make it only make people confident about their project. so in fact the average scamer is better at making white papers or development lists for the project.
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thesmallgod
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February 24, 2020, 06:14:38 PM |
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hyping could just increase the price for long. It is just a temporary thing. What drives price and make it steady is the rate of demand for the token and the consistency. Those coins you listed are backup by the project that continuously developed and find a way of integrating the token so that it becomes of higher demand. Such a case is applied to Binance coin BNB. It is said that most project this days lack proper planning and hardly will you see anyone that have roadmap and continously following the roadmap
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coin-investor
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February 24, 2020, 06:19:52 PM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
the only catalyst is for these devs to do their job to develop their platform and use the funds they collected to market their product, they are not doing their job and just holding on their funds, they don't even do buyback to raise the volume and liquidity, that is why it is delisted and the developers don't care because they have the funds.
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ven7net
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February 24, 2020, 06:20:10 PM |
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
You are right, you need a catalyst, but the question is, what is the catalyst for the success of altcoins? I have been working with altcoins for several years and have seen both the success and the collapse of many crypto projects. From this experience, I concluded that the whole problem of the failure of altcoins is the greed of the admins of such projects. In this case, honesty can play a catalyst, which can attract investors and give impetus to development. There are very few such projects, practically none, since the admins of such projects see only the opportunity to earn and leave. The market needs honest players and then honest altcoins will be able to show growth.
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Wh00re
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February 24, 2020, 06:36:49 PM |
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Once BTC builds a new ATH, you'll see altcoins MEGA-mooning as everyone will see the HUGE ROI potentials again.
Good solid projects will do extremely well. Remember Kucoin and COSS? They literally exploded in price, because investors profitted on their monthly trading volume. Times has changed, and you can actually profit off DEcentralized exchanges today, which is why I'm guessing Blocknet, and other projects buillding DEX's will do EXTREMELY WELL the next coming bull run.
Profitting off of dApps and DEX's will be the next big thing, just watch and see.
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