Topic: altcoins are dying - page 44. (Read 5555 times)

I agree to stay calm in the current market conditions. even better if we also invest by buying some altcoin that already have a name like Ethereum or Litecoin. becuase I think it is the most commonly traded coin in the market

Half to the market, half to the output. If the market continues to grow, it would have pumped the remaining crypto to another, at a favorable rate. Which I thought was going to take off. And so indefinitely, until the storm is not over

There has been a flood of Altcoins in the last year as smart contracts opened opportunity for people to pursue their dreams.

Needless to say there are those who will use this opportunity to earn a few quick bucks then there are those who are enthusiastic and believe in the future of Cryptocurrencies. One main theme that I have picked up on is that virtually no Altcoin provides any securitization for their token - and that the use of their token is confined to the platform that they developed.

The most simple case example of a "securitized Cryptocurrency" would be a gold backed Cryptocurrency!
The Cryptocurrency would need to be convertible into gold - meaning you can pay in the cryptocurrency and take delivery of the gold itself, and the amount of Cryptocurrency paid in would need be burned in order that supply of Crypto = supply of Gold.

However - the following would need to be addressed;

• Who would put up enough gold to ensure the creation of such a Cryptocurrency?
• How will they be able to establish trust that the Crypto is interchangeable with Gold?
• Is this Cryptocurrency securitized upfront or would it need to raise funds via crowdsale and then securitize it?

In the mean time we have created ARTIS with the aim to securitize it with other Cryptocurrencies under what we call the AARP program (ARTIS Affiliate Rewards Program). Under AARP - Holders of ARTIS will be entitled to a share in the revenue of the coming Artis Turba Exchange Platform. This payout will be paid in the underlying Cryptocurrencies traded such as BTC, LTC, Dash, XRP, XMR, BCH, ETH and even ARTIS itself! Additional currencies may and will be listed in the future and those then would be added to the AARP list.

Ultimately this means that ARTIS value will be correlated to;

• Values of the Underlying Cryptocurrencies
• Trade volume of the Underlying Cryptocurrencies

Check out the link to learn more about AARP!

https://medium.com/artisturba/artis-affiliate-reward-program-df940cd36a61

It's time to buy the proper coins because I think the altcoins will not die. And now is the time to buy them at a cheap price. You should not be afraid of this. 

I think it is a good time to buy in more. I find more and more people get familiar to it and they try to invest in them. So they will be here for a long time.

the market share of the crypto falls every day, and the altcoins are affected by it. I think it's the end of the crypto.

Everyday btc is rising and dropping so altcoin's prices are effecting very much from this moves. I dont look to prices from one month, when bull season come, again we can earn good money, be patient now.

Perhaps this is what makes altcoin lose their volume and now the market has decreased and when it will return to normal
because it is also supported by weaknesses and does not have a good project that is why many people do not want to buy their coins.

That's impossible because now the altcoin price is down all and the bitcoin also goes down so from that many people think if altcoin is dying and buying trusted altcoin that you know is more valuable it will help increase the altcoin price hence your coin every time the coin you have risen in price and earn income with the coins you invest

It's not altcoins, Bitcoin has been going down, hence all the altcoins have taken a hit.
It seems to me that a lot of people don't understand the fact that fiat prices for altcoins depend on their bitcoin price...

Indeed this is the right time to buy altcoins but do not buy any random altcoins I mean be aware of shitcoins and but altcoins based on their features and what it has got for us instead of going for cheaper altcoin.

99% Altcoins perhaps might not able to survive, but some will thrive as blockchain tech getting mature and increased of adoption. The business now doesn't show urgency to adopt just yet . The tech is still very much infancy stage. But the decentralized and blockchain surely going forward shape how we store and transmit data over internet.

Of course many altcoins die, but that's because their project was either meaningless, or because of wrong management. The individual altcoins feel fine and I believe that this depends on the project. But of course, we should not rule out the impact of the exchange rate of major currencies, but there is nothing to do with individual altcoins.

Blockchain assets have always followed cycles, they are pretty natural actually.

True. If you can predict movement of market and analyse it, you can utilize that knowledge to sell crypto coin when the market is likely to crash and buy again cheaper. By doing so, you can increase your number of holdings and get significant profit once the market recovers.

Though, this is effective way to earn huge gains, it is also quite risky thing to do because you never know for sure till what point the coins will fall and from what point it will recover and reach new all time high. I would suggest to HODL in such volatile market though.

Alcoins lessen their value doesn't means that they are dying, they are just decreasing they're value which for me is the best time to buy coins and if we all change our mindsets that coins are dying if they decrease value to best opportunity to buy coins then we are all gonna be happy making our profits.

I think the most suitable time to buy! Only it is necessary to find that project which seems very good to you !!! I myself plan to buy, study projects!

No, don't die Altcoin, you have a capacity and energy to rise up again, many as we are needs your unique strategies in crypto currency .  Hold on and be strong.

if you still believe in crypto, doubts and worries will disappear, because all coins and tokens are suffering no one else knows when the correction is over.
So it's time to buy back if I'm sure that this drop will stop soon and get back to skyrocket again.

That’s the case with many. I bought around 1500$ of crypto’s during the month of January when the market was in hype. I am currently down by more than 50% in my portfolio, but I have been holding my coins for 3 months now and I will hold it for even 2 years as long as I get profit out of it. I am also accumulating more coins currently when the market is low to gain significant profit once it recovers. My rule is to never sell holdings in loss even if you have to hold it for 10 years or so.