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Topic: Altcoins are dying - page 13. (Read 7988 times)

full member
Activity: 238
Merit: 102
October 30, 2017, 03:25:09 AM
It's not BTC killing them but the investors. Many coins drop below ICO prices and for me that's not understandeble, why invest if you are going to give away your coins with a loss. GTake a look at BMC. ICO price was 1$ now it's on 56 cents. Why sell with a loss of 44%?
Still I belive that altcoins will raise and se new highets in 2018. Not all but some. Do your reaserch and pray that you make the right investments.
Cheer up and invest when the price is low.

Good luck

ICOS got to be a big gamble nowadays.
People either want 10x or just go out as soon as possible.

Thats the issue...with all that pre ico bonuses etc. people sell below ico price and are still making profit.
full member
Activity: 168
Merit: 100
https://eloncity.io/
October 30, 2017, 03:20:43 AM
It's not BTC killing them but the investors. Many coins drop below ICO prices and for me that's not understandeble, why invest if you are going to give away your coins with a loss. GTake a look at BMC. ICO price was 1$ now it's on 56 cents. Why sell with a loss of 44%?
Still I belive that altcoins will raise and se new highets in 2018. Not all but some. Do your reaserch and pray that you make the right investments.
Cheer up and invest when the price is low.

Good luck
full member
Activity: 280
Merit: 100
October 30, 2017, 02:01:27 AM
Telax and be patient. A lot of altcoins have (in the whitepaper) a usecase. Lets see if the teams can do it
 Almost 90% will fail, but some will do it. I dont think we will see the good altcoins fail till the end of 2018.
Better times will come

Cheers
hero member
Activity: 1134
Merit: 517
October 30, 2017, 01:32:05 AM
LOL, don't kill yourself, man! The life is so beautiful! Cheesy. If you have invested in some bad altcoins, now you should sell them immediately and buy BTC or others good coins. Don't worry. Try your best every day, you will not be disappointed!  Grin
We cannot become good traders or good at anything we find to do, until the understanding that it takes peaks and bottoms for any market/endeavor to make a headway and things won't always work as planned or expected, but our ability to manage failures, lost, disappointments, etc makes all the difference. We need the right knowledge and skills an open eyes and mind to see the next turn and act accordingly. Life is whatever we make of it, take responsibility!

Right now the market is looking forward to Segwit2x hard fork and the supposed free money that goes with that, is going to be weighing much on the market and that is the exact reason Bitcoin is going to sour much higher before the hard fork.
newbie
Activity: 2
Merit: 0
October 30, 2017, 12:17:02 AM
All are turning heads, great!
full member
Activity: 714
Merit: 100
October 29, 2017, 11:52:38 PM
Fork is over and altcoin are recovering to their regular value.i would say invest in token rather than altcoin as majority of altcoin are useless without any project backing up.while token are backed by project and some of the token  are backed by real commodity and they generally buy back it hence give external protection towards your fund.

most of the altcoins are not useless and most of them are stabe and highy profitable in terms of investing compared to tokens which is more likey to be a pump and dump scheme and has no real developement at all. and as you see most old altcoins are still  listed on the exchanges even if theres no hype on them or partially loose their fame but not in tokens because they are easily replaced on exchanges if they would loose thier value feven for a short time only.
sr. member
Activity: 585
Merit: 251
October 29, 2017, 11:00:41 PM
Fork is over and altcoin are recovering to their regular value.i would say invest in token rather than altcoin as majority of altcoin are useless without any project backing up.while token are backed by project and some of the token  are backed by real commodity and they generally buy back it hence give external protection towards your fund.
sr. member
Activity: 254
Merit: 250
https://www.soar.earth/
October 29, 2017, 10:46:36 PM
LOL, don't kill yourself, man! The life is so beautiful! Cheesy. If you have invested in some bad altcoins, now you should sell them immediately and buy BTC or others good coins. Don't worry. Try your best every day, you will not be disappointed!  Grin
hero member
Activity: 1834
Merit: 523
October 29, 2017, 05:40:46 PM
I think why other altcoins are dead because the dev left their coins, or they dont have any project to increase the price of their own coin. Bitcoin is not murdered because other altcoin once bitcoin price increase they also increase because they are base on the bitcoin price. Not all bitcoinb rre die because its only few altcoins die and thats not normal because they have a lot of altcoins as of now.
hero member
Activity: 1358
Merit: 834
October 29, 2017, 04:31:10 PM
You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
Investing never requires luck. Gambling is a game of luck. Investing is a game of careful analysis and risk mitigation.

agree 100% with this, but don't deny that bullish BTC runs and hard forks cause a lot of disruption to alternative currencies.
Of course they do. But short time fluctuations are irrelevant to a savvy investor. They're just part of the ride.

Of course there's still luck involved though..
Roulette is pure gamble. Investing is more like poker, analysis and risk mitigation, but also luck.

You can get lucky and make more money than you expected. But if your losses are any bigger than you accounted for, you're doing it wrong. And most people here don't seem to have any idea how their portfolio will develop over time in different situations... so those are the roulette players.

Also, in poker you will lose if someone is better than you at analyzing risks or gets lucky. With investing, you should never lose.
hero member
Activity: 1358
Merit: 834
October 29, 2017, 04:24:11 PM
You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
Investing never requires luck. Gambling is a game of luck. Investing is a game of careful analysis and risk mitigation.

agree 100% with this, but don't deny that bullish BTC runs and hard forks cause a lot of disruption to alternative currencies.
Of course they do. But short time fluctuations are irrelevant to a savvy investor. They're just part of the ride.
hero member
Activity: 553
Merit: 500
October 29, 2017, 03:42:26 PM
You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
Investing never requires luck. Gambling is a game of luck. Investing is a game of careful analysis and risk mitigation.

agree 100% with this, but don't deny that bullish BTC runs and hard forks cause a lot of disruption to alternative currencies.
legendary
Activity: 1540
Merit: 1003
October 29, 2017, 03:13:11 PM
dude how can you invest money which you cant afford into high risk shitcoins with no real value behind.
when a coin with no real longterm potential did 50-100X in a few month I would never ever invest in it. most of altcoins made huge profits for 2016 investors and it was just a matter of time when they want to sell their millions...
also never invest money in something you dont understand 100% and never invest money in high risk stuff you cant afford to lose
No digital currency is going to die and some famous altcoins are definitely not going anywhere. Let’s just look at the past progress of Ethereum, it showed some real progress. Similarly, we have the option of monero, litecoin, neo, waves, ripple which are thought to be capable of doing great. I believe in these altcoins and they will make great achievements with time. At last, it is necessary to understand your digital asset first.
hero member
Activity: 560
Merit: 501
October 29, 2017, 03:06:48 PM
I really hope they are not. I like to think of them as the future and bitcoin as the pioneer. It has shown people blockchain, but other coins (altcoins) have much better use cases.
hero member
Activity: 1358
Merit: 834
October 29, 2017, 11:49:10 AM
You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
Investing never requires luck. Gambling is a game of luck. Investing is a game of careful analysis and risk mitigation.
full member
Activity: 238
Merit: 100
October 29, 2017, 11:23:56 AM
You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
full member
Activity: 219
Merit: 101
October 29, 2017, 10:40:06 AM
#99
Current altcoin low is just due to the 2 BTC hard forks in a short time.
If you do not even understand those basics, you should definitely not invest in the crypto market at all.
hero member
Activity: 1358
Merit: 834
October 29, 2017, 10:32:45 AM
#98
I'm pretty sure it's exactly the other way round  Grin

Bitcoin is dying in the Long term - since it's no real product. It was just the first of its kind and hyped by media.
When promising Altcoins are evolving and started to be used by companies and masses of private customers - they will overtake Bitcoin easily.
Bitcoin is a real product though. If you think otherwise you should study it in more detail. There are only two realistic scenarios that could make Bitcoin either disappear or lose its place at the top, but we're nowhere close to seeing either of them taking place.
full member
Activity: 126
Merit: 100
October 29, 2017, 10:31:11 AM
#97
I'm pretty sure it's exactly the other way round  Grin

Bitcoin is dying in the Long term - since it's no real product. It was just the first of its kind and hyped by media.
When promising Altcoins are evolving and started to be used by companies and masses of private customers - they will overtake Bitcoin easily.
hero member
Activity: 1358
Merit: 834
October 29, 2017, 10:10:22 AM
#96
Not all altcoins are dying. Shit coins deserve to die, but good coins deserve to live. Price dropping, red days are normal actions in a market. There will always be days when the price of an altcoin will drop significantly especially if bitcoin price surges very high in a short time. And normally, when bitcoin price settles, altcoin come back up.
There definitely are a few very interesting and promising altcoins. But most will die for sure, they might try to artificially stay alive by marketing but they will probably not create what they promised to.
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