Majority of alts don’t have real value and use cases, they were needed just to raise money for some shady companies
Only btc, only loyalty to traditions.
Topic: Altcoins Need a Catalyst to push up prices - page 4. (Read 692 times)
It's very hard to pick projects In crypto space because there is no way to know which one will have a serious team, most projects have good use cases but the team in charge are not good enough, that's why crypto investment is a high risk investment
Even if there is a catalyst to push the price up, its just going to be drag down again by the crisis. Its not possible right now, the fiat are just important for the people than keeping cryptocurrencies on their wallets. We would have to wait for months to a year for this crisis to end and then we can expect the catalyst to enable prices to moon.
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.
And that's not good, continues development is what keeps a project alive, well many coins from 2017 loses their position to few new coins so I'm not surprised, this is why top 10 is the best bet when investing in new coins nowadays 
Not just the Altcoins market alone. At this point, the entire cryptocurrency market needs a new push to make its price moon. It can either be a news of its legalisation in some world countries or its adoption in some key life areas.
Altcoins cannot gain publicity or makers share just a method of payment like Bitcoin because they are never going to gain adoption on that front.
Absolutely. So we should stop hoarding altcoins and sell them all for bitcoin. Bitcoin is the thing that drives the prices of altcoins. So why take the passenger seat when you can have the driver seat?Quote
The only way for altcoins to gain is through creating a good utility and obtain adoption specific to certain industries like supply chain or contracts or in the manufacturing sector , logistics etc.
Very longshot. We havent seen much supply chain accept bitcoin at all, heck even merchants are afraid to accept it less they get attacked by the government. So they stay in hiding and dont use it much. Altcoins are never going to be that big unless there is some huge adoption of bitcoin and followed by altcoins.Creating good utility is easily said but difficult to be done.
Altcoins cannot gain publicity or makers share just a method of payment like Bitcoin because they are never going to gain adoption on that front. The only way for altcoins to gain is through creating a good utility and obtain adoption specific to certain industries like supply chain or contracts or in the manufacturing sector , logistics etc.
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.
I am glad you listed out BNB, OKB, AND KCS tokens as core examples.
They rose in price and value to the top because their platforms made they usable and indispensable, by creating a large circle of functions around the platform with the token a core beneficiary.
Binance for example now allows over 10 countries to buy and sell in fiat, sighting great deal of development and customer success.
I have read so many suggestions that bitcoin bull run is the biggest catalyst altcoin can get but i wan to differ.
Harmony, Sero, Tokoin to mention a few exceeded expectations when bitcoin was shaky, because their catalysts (ieo) and immediate product was top notch.
What i mean is that, there are catalyst beyond bitcoin bull
Harmony, Sero, Tokoin to mention a few exceeded expectations when bitcoin was shaky, because their catalysts (ieo) and immediate product was top notch.
What i mean is that, there are catalyst beyond bitcoin bull
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.
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.
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 ?
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.
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 ?
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.
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
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.
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.
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.
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.
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.
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.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.
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.
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.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 ?
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.
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.
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.
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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