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Author Topic: Altcoins Need a Catalyst to push up prices  (Read 661 times)
GreenStox
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April 01, 2020, 08:49:27 AM
 #41

all projects will not develop or succeed, most of them will die so the best will survive.
You mentioned the name of the project at the top and of course there are many other good projects, even with a small market capitalization, they may need time to develop

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bluebit25
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April 01, 2020, 10:18:42 AM
 #42

Many altcoins do not deserve long-term interest from investors at all. They are like paper towels-they were used once and thrown away. It is the same with altcoins, investors bought them, made money on them, sold them and no longer have interest in them. An exception can only be those altcoins whose developers have the money to constantly fluctuate their price and thus make these altcoins interesting for trading and investing.
There are now many altcoins before who listed in an reputable exchanges in high prices but now you can see that those altcoins are now considered as shit coins because of their current prices and volume which is very low. There are only few altcoins that have potential to survive in the market and those altcoins are in the spot of top 20 cryptocurrencies in terms of market capitalization and daily volume.
Never mind altcoins outside the top 50 because these are altcoin scams and they will surely die in the future. I have invested in a lot of altcoins in addition to the top 50 and now I have failed with them, the price has dropped many times and the volume is not so much like before, the project is completely dead after a while operating









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adekogbe
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April 01, 2020, 12:52:32 PM
 #43

A real life use case

An application that matters to d direct lives of individuals all around the world. That is the only catalyst that can help any crypto or altcoins.

The genuine impetus for making some coin successful must be its utilization case.

Without a certifiable application no coin will be successful and in the event that any coin is at present successful with no genuine use case, at that point it will get dumped in extremely not so distant future itself.

Indeed, success of a coin is really relying upon what sort of new thing it is bringing to this world and human life

bittick
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April 01, 2020, 02:31:18 PM
 #44

A real life use case

An application that matters to d direct lives of individuals all around the world. That is the only catalyst that can help any crypto or altcoins.

The genuine impetus for making some coin successful must be its utilization case.

Without a certifiable application no coin will be successful and in the event that any coin is at present successful with no genuine use case, at that point it will get dumped in extremely not so distant future itself.

Indeed, success of a coin is really relying upon what sort of new thing it is bringing to this world and human life
That's the point. A bunch of projects without even a single of use case will be useless. I have seen so many projects even more than hundreds of project already death.
The real implementation will always become the main concern to determine how far the price can grow. This is become the main consideration to determine how strong the fundamental of any coins.

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April 01, 2020, 07:59:35 PM
 #45

The catalyst that could help the price of ALtcoin is coming Bitcoin Halving but the recent COrona Virus this has rattle the market negatively, we all know that When BTC pumps, it brings along Altcoins with it. I do not know what the future holds for the Altcoins this year


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April 01, 2020, 08:06:50 PM
 #46

You may differ with me but it seems like historically the real trigger and start of big bull cycles has only been because of btc halving event and indirectly we can say that the catalyst is nothing but when fresh money flows into the market that too in heaps of amounts, so its not a rocket science once we see volumes constantly growing month after month we can easily say that we are in a bull trend.

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April 01, 2020, 10:00:05 PM
 #47

There are many issues or factors that would influence an altcoin getting delisted on an exchange. I guess there is more to be done anytime and any day by the developers or team behind a particular coin. Most of the altcoins that have failed to live up to expectations were due to bad decisions by the team behind the project.

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April 01, 2020, 10:05:21 PM
 #48

You may differ with me but it seems like historically the real trigger and start of big bull cycles has only been because of btc halving event and indirectly we can say that the catalyst is nothing but when fresh money flows into the market that too in heaps of amounts, so its not a rocket science once we see volumes constantly growing month after month we can easily say that we are in a bull trend.
Halving has only happened only twice in the history of bitcoin, and historical data proves that it is true that the price of bitcoin goes up after halving. Still, with little data, because halving has only happened twice, your argument is invalid.
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April 01, 2020, 10:34:01 PM
 #49


This is what i feel about the present poor prices of most altcoins,
What do you think ?

Most start-up altcoins ain't meant to last, most of them are created by the developers just to have their own shares that comes with cryptocurrency. No matter how great the proposed use case of a project seems, the hype on the paper can only take it so far. After that, the implementation and development of the project is what will pave the long term opportunity for it with an addition of strong and influential partnerships.
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April 01, 2020, 10:37:55 PM
 #50

The catalyst that could help the price of ALtcoin is coming Bitcoin Halving but the recent COrona Virus this has rattle the market negatively, we all know that When BTC pumps, it brings along Altcoins with it. I do not know what the future holds for the Altcoins this year
Its hard to see altcoins on a better position again but I know time will come for the altcoin season. The bitcoin halving are the only hope right now, but of course there will be no easy pump after that. The virus will expire sure, and I believe the cure is coming and our lives will be back to normal, the economy of more countries will rise again.

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April 03, 2020, 10:59:01 AM
 #51

Many altcoins do not deserve long-term interest from investors at all. They are like paper towels-they were used once and thrown away. It is the same with altcoins, investors bought them, made money on them, sold them and no longer have interest in them. An exception can only be those altcoins whose developers have the money to constantly fluctuate their price and thus make these altcoins interesting for trading and investing.
There are now many altcoins before who listed in an reputable exchanges in high prices but now you can see that those altcoins are now considered as shit coins because of their current prices and volume which is very low. There are only few altcoins that have potential to survive in the market and those altcoins are in the spot of top 20 cryptocurrencies in terms of market capitalization and daily volume.

The only coin that has a good potential is Bitcoin. All other coins exist on the promises of developers, and on the faith of investors. And altcoins with a small capitalization can very easily be inflated in price with the help of large amounts of money.
I agree with you. Altcoins are not worth long-term investment because their prices can be inflated or collapsed at any time because of their low market capitalization. Also I haven't seen any potential altcoins and their ideas are only good on paper
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April 03, 2020, 12:10:27 PM
 #52


I agree with you. Altcoins are not worth long-term investment because their prices can be inflated or collapsed at any time because of their low market capitalization. Also I haven't seen any potential altcoins and their ideas are only good on paper

There are altcoins that are controlled by large campaigns and that have a good price because of them. However, this price is illusory and it can be lowered at any time for various reasons. For example, the release of a new number of coins to the market (ripple), or the end of large profits from IEO on the exchange (BNB), and so on.
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April 03, 2020, 12:16:33 PM
 #53

There is same cycle which need to finish and new one start.

Once capitulation happens and accumulation commence by whales which btw is very important we should see new cylce.

Btc already imo started accumulation. Bottom was at that 3.xk when bitmex was shut off. If anyone wish to check spot volume on places like bitstamp ,kraken etc and check it out. It is very clear that spot is accumulated heavy. Leveraged trading at the moment is very risky. so therefore places like bitmex etc are not that popular anymore.

Many altcoins will not rise from its graves. But many also will scam pump hard. Whales need majority of supply to make sure there will be no selling pressure at particular coin. When this happens many will fly 10-100x from the bottoms. Not sure about ath in btc terms but in usd terms i would not be surprised to see many reaching those levels. Hyperinflation due to dollar collapsing will push usd prices on certain coins mega high.
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April 03, 2020, 03:23:43 PM
 #54


Many altcoins will not rise from its graves. But many also will scam pump hard. Whales need majority of supply to make sure there will be no selling pressure at particular coin. When this happens many will fly 10-100x from the bottoms. Not sure about ath in btc terms but in usd terms i would not be surprised to see many reaching those levels. Hyperinflation due to dollar collapsing will push usd prices on certain coins mega high.
Actually, altcoin was constantly not very well expressed, since every cryptocurrency market analyst spoke with confidence about the short-term prospects of most altcoin.  many of the existing altcoin do not have a final product and, in the first place, have only the current value that speculators provide them.  Of course, the one who controls the market can provide a good trading volume for any altcoin, but I believe that after a while on the cryptocurrency market there will be only the most popular altcoin, which will be appreciated primarily due to its product.
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April 03, 2020, 04:52:36 PM
 #55

The catalyst that could help the price of ALtcoin is coming Bitcoin Halving but the recent COrona Virus this has rattle the market negatively, we all know that When BTC pumps, it brings along Altcoins with it. I do not know what the future holds for the Altcoins this year

Yes, there will be no better catalyst than Bitcoin! Whenever Bitcoin price goes ups, altcoin does the same too! We passed a great time in January and February months when bitcoin halving hype was incredible and people were talking only positives! But as the COVID-19 outbreak ruined everything, I don't think we can see bull run in altcoins in this year! Bitcoin price grew well in this week, 12% in a day was huge considering the recent time, but altcoins did not pump like that! So, the future won't be smooth for altcoins in this year!

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April 03, 2020, 04:57:55 PM
 #56

Many projects are created in order to simply raise money with the help of investors and developers of such projects do not care what will happen to the price of their token, and those projects that really want to develop will always think about the price of their token.
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April 03, 2020, 05:15:43 PM
 #57

Many projects are created in order to simply raise money with the help of investors and developers of such projects do not care what will happen to the price of their token, and those projects that really want to develop will always think about the price of their token.

I believe you are also right, we have seen situations in this space where projects raise necessary funds and then walk out, exit-scamming instead of continue the project.
Likewise, there are projects who raise all funds, and then keep on postponing developments until everyone gives up.

Projects do not need to think about price of token, they need to develop a good acceptable product, and the prices will grow.
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April 03, 2020, 05:16:05 PM
 #58

I am not sure about the catalyst. Back in 2017, there was a major catalyst (I would rather use the term "trigger"). Back then, the ICOs gave a huge boost to the altcoin sector and as a result many of the alts gave as much as 100x or 200x returns for anyone who made their investments in them. But will that repeat ever again? To be honest, I am a bit skeptical about that.
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April 03, 2020, 05:19:19 PM
 #59

Have you ever come across projects with very good use cases but where been build by dubious developers to use as pump and dump scheme? You shouldn't underestimate scammers, no matter how careful you really are you are still going to fall unless you aren't into new projects at all

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April 04, 2020, 01:27:57 PM
 #60

Have you ever come across projects with very good use cases but where been build by dubious developers to use as pump and dump scheme? You shouldn't underestimate scammers, no matter how careful you really are you are still going to fall unless you aren't into new projects at all

I think this has happened countless times before, especially during year 2019, there is this BitAgro project that toiled with everyones emotions totally before exit scamming.
The wrong that can happen is underestimating scammers, it leaves us vulnerable and open to hacks and unguided decisions.

As regards new projects, there is still enough time and resources to dig up more history and get valuable facts before investment.
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