Altcoins Need a Catalyst to push up prices

ife2020

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Quote from: kindbtc on May 09, 2020, 03:14:52 PM

Although develooments and updates do matter but i think we cannot ignore the fact that the prices were inflated or bloated during the end of 2017 and start of 2018 so a long term correction or downtrend was due but good news is that the bad times seem to be coming to an end now and expect price rises from here on steadily i expect next 2 years or so to be bullish.

Yes you are right, but likewise this year 2020, the prices have been inflated and bloated too.
Infact, prices are inflated almost all the times in the crypto currency sphere, and you can only account for the tokens you hodl that got affected.

Dyor, and do not wait for 2 years before taking profit, because profit taking shows up any time.

kindbtc

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Although develooments and updates do matter but i think we cannot ignore the fact that the prices were inflated or bloated during the end of 2017 and start of 2018 so a long term correction or downtrend was due but good news is that the bad times seem to be coming to an end now and expect price rises from here on steadily i expect next 2 years or so to be bullish.

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Presently because of Bitcoin dominance,many altcoins are down,this is a general problem,but if you check some altcoin that is presently backed by a fundamental news ,in in this bitcoin dorminance,you see them doing well or among top gainers,so indeed altcoins need catalyst to push them up.

ife2020

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I think most poor prices are due to slow and bearish market overall, once we are in bull trend and people are in good profit only then they will check out other projects and then the profit money will flow to the other coins that will boost their prices as well.

I do not think so, most poor prices are due to non existent use case that has no benefits at all for the crypto masses.
There are project in the crypto sphere, that has failed to have a significant price either bitcoin is bullish or not, such projects are just poor and no catalyst can boost the prices.

gundala

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Quote from: ife2020 on February 24, 2020, 03:10:09 AM

~

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

The lesson we can take is, good market acceptance is not obtained instantly, it takes time. The successful projects that TS mentioned also need time to become valuable and have a strong market like this. Investing, trading, joining bounties requires in-depth analysis and patience, the rest of luck also plays a role because the crypto world is full of surprises.

HunterUnchained

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I believe the only catalyst needed for any altcoin to increase in value is a use case as well as marketing and public acceptance. What you see with Binance's BNB is demand due to its overwhelming use case on the binance platform which host hundreds of thousands of traders daily. BNB can't be compared to ETH but it is still good in value due to its use case and public acceptance. Binance has penetrated the market and in so doing encouraged the use of its token for most things meaning the public has become comfortable with transacting in BNB. If other altcoins can replicate this, they will certainly do well and increase in value.

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Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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 ?

These are exchanges coins, they are running and operating until now so they really have a real use case which people are seeing everyday.
Other project might have a development, but problem is they are not notice compare to other projects because the project is not on demand yet.

LincolnMikkel

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Lack of development is a reason. Those can't be successful just by correlating with Bitcoin trend. Also, development teams must be in a short touch with their community since it affects the altcoin price by simply making it more demanded among the people.

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Quote from: Kaliecious on April 28, 2020, 10:14:46 AM

in my opinion besides the development of projects that must be done and always update the bitcoin price that determines the price of altcoin.
but if investors throw away their tokens of course the price will go down and even die

If there's no interest that continue to support the project then the fate of such coin will surely be doomed, but if the team behind the project have good plans and still on its progressive approach even the current situation around the industry is not favoring the community, if there's still offers and developments then surely the project still have good potentials.

Kaliecious

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in my opinion besides the development of projects that must be done and always update the bitcoin price that determines the price of altcoin.
but if investors throw away their tokens of course the price will go down and even die

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Quote from: slashz9 on April 28, 2020, 05:45:46 AM

Quote from: rosezionjohn on February 24, 2020, 09:21:34 AM

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.

for now it will indeed be difficult to experience an increase like the bull in late 2017, because what can trigger the price of all coins to rise is the increase in the price of BTC, so it will be difficult to do if the BTC is still stable.

I think when the virus outbreak is over then the price of bitcoin will be very easy to go back up because if the tone of tune for current economic conditions is also collapsed due to the influence of the virus that spreads throughout the world so when the world has recovered and the world economy has begun to return go up then the price of bitcoin will be easy to go up too.

ife2020

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Quote from: 1Kill on April 28, 2020, 06:16:13 AM

It seems to me that such a catalyst will be only the general growth of cryptocurrencies and a stable situation in all financial markets.

You are right that catalyst leada to general growth, but it can also lead to a dump.
When i say catalyst, i mean factors, events or situations that we can relate to the project that leads a demand drive for the token.

For the catalyst to really take effect, the project need good preparation, solid team, trustworthy community to push the hypes upon launch

1Kill

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It seems to me that such a catalyst will be only the general growth of cryptocurrencies and a stable situation in all financial markets.

slashz9

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Quote from: rosezionjohn on February 24, 2020, 09:21:34 AM

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.

for now it will indeed be difficult to experience an increase like the bull in late 2017, because what can trigger the price of all coins to rise is the increase in the price of BTC, so it will be difficult to do if the BTC is still stable.

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Quote from: pixie85 on April 17, 2020, 05:09:27 PM

What altcoins need is BTC pushing above 10 thousand dollars or better reaching ATH. If Bitcoin goes to new highs so will altcoins and this is going to be the best catalyst for their rise.

People who invest in Bitcoin and see their investment go through the roof will feel more relaxed and more secure investing some money into unstable altcoins that most people treat like gambling bets.

Yea, the key is in bitcoin as the most powerful influence in the crypto world. The impact of the market will improve, the interest of investors and traders will get better, so this will increase trading volume.
Plus the fundamental factors, halving and adoption are increasingly widespread.

Already the price of bitcoin keep increasing which is getting reflected on altcoins too, just look at the ethereum it shown huge amount of price growth since the price got dumped due to corona pandemic so the halving will be the catalyst and make sure you bought enough coins before the price got spike up.

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Quote from: pixie85 on April 17, 2020, 05:09:27 PM

What altcoins need is BTC pushing above 10 thousand dollars or better reaching ATH. If Bitcoin goes to new highs so will altcoins and this is going to be the best catalyst for their rise.

People who invest in Bitcoin and see their investment go through the roof will feel more relaxed and more secure investing some money into unstable altcoins that most people treat like gambling bets.

Yea, the key is in bitcoin as the most powerful influence in the crypto world. The impact of the market will improve, the interest of investors and traders will get better, so this will increase trading volume.
Plus the fundamental factors, halving and adoption are increasingly widespread.

Bitcoin price activity affects altcoin price movements and also increases investor confidence in investing in altcoin. When the price of Bitcoin continues to rise, investors will try to speculate on altcoins that look similar or tokens with prospective projects

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Quote from: Mister.Satan on April 16, 2020, 06:45:20 AM

I don't think it's fair to compare BNB, OKB, KCS, altcoins that have strong support and daily using in exchange to other altcoins. What you do it like compare a AAA developer EA, Ubisoft to indie developer. Price is not an only factor showing how well an altcoin performed so push up prices is not like a must-do thing.

Comparisons always happen. Because the human mind is prone to taking it for granted the explanation that seems obvious but is an assumption only. Now indie projects should not be thought to be similar to altcoin projects because although the concept of altcoin project behind gaming scenes is niche but it is lacking that indie concept of development. Moreover indie projects are never meant to be mainstream while altcoin projects have wanted it but failed to do so.

Quote from: jaywizzy on April 17, 2020, 05:59:04 PM

From my own point of view the major cause of bad price of altcoin is as a result of dumping by investors and bounty hunters who are not care about how little the profit they realise.

To some extent yes. But the factor that made them sell off at loss is also to be thought of. If these projects had actually developed something useful in the first place then this situation would not have happened.

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Quote from: adzino on April 17, 2020, 07:16:49 PM

Quote from: pixie85 on April 17, 2020, 05:09:27 PM

What altcoins need is BTC pushing above 10 thousand dollars or better reaching ATH. If Bitcoin goes to new highs so will altcoins and this is going to be the best catalyst for their rise.

People who invest in Bitcoin and see their investment go through the roof will feel more relaxed and more secure investing some money into unstable altcoins that most people treat like gambling bets.

If people see the price of bitcoin rising, they would go and invest on bitcoin instead of invest on altcoins. This has happened a lot of time. When the price of bitcoin starts to increase, we can see that most of the altcoins starts to lose their price. This happens because people starts to dump their altcoins and start investing on bitcoin. As more people shift from altcoin to bitcoin, the price of altcoin starts to fall, whereas bitcoin starts to rise further upwards. Though eventually at the late phase, when bitcoin has already peaked, the prices of altcoin starts to rise too, since people tend to buy back the coins they have sold but this time in cheap.

That's fine. It happens every time. When Bitcoin starts to grow it attracts new investors to the market who at first invest in Bitcoin and when they get enough profit turn to altcoins that present a more speculative investment.

When you have enough profit already so that whatever happens you'll still have something to brag about you're more likely to take a risk and lose some money.

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Quote from: pixie85 on April 17, 2020, 05:09:27 PM

What altcoins need is BTC pushing above 10 thousand dollars or better reaching ATH. If Bitcoin goes to new highs so will altcoins and this is going to be the best catalyst for their rise.

People who invest in Bitcoin and see their investment go through the roof will feel more relaxed and more secure investing some money into unstable altcoins that most people treat like gambling bets.

If people see the price of bitcoin rising, they would go and invest on bitcoin instead of invest on altcoins. This has happened a lot of time. When the price of bitcoin starts to increase, we can see that most of the altcoins starts to lose their price. This happens because people starts to dump their altcoins and start investing on bitcoin. As more people shift from altcoin to bitcoin, the price of altcoin starts to fall, whereas bitcoin starts to rise further upwards. Though eventually at the late phase, when bitcoin has already peaked, the prices of altcoin starts to rise too, since people tend to buy back the coins they have sold but this time in cheap.

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From my own point of view the major cause of bad price of altcoin is as a result of dumping by investors and bounty hunters who are not care about how little the profit they realise.

pixie85

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What altcoins need is BTC pushing above 10 thousand dollars or better reaching ATH. If Bitcoin goes to new highs so will altcoins and this is going to be the best catalyst for their rise.

People who invest in Bitcoin and see their investment go through the roof will feel more relaxed and more secure investing some money into unstable altcoins that most people treat like gambling bets.

FLHippy

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We will see what happen after Bitcoin halving, the biggest fundament this year, but it doesn´t seem that it will help Bitcoin to get over the 10 000USD level, many Americans are now unemployed so they do not have money for investments, so I predict that the whole investment sector will crash including gold and precious metals also. Roll Eyes

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Altcoins needs real life utilities and mass adoption. Most Altcoins are not used for anything especially platforms that don't solve any real life problem. Take for instance aside trading, what really does Altcoins do? Cryptocurrency projects do not need altcoins what they nned is to adopt the blockchain token which their project is launched on because these blockchain tokens still serve as transactions fees. For instance if I want to send out any erc-20 token, I will use ETh gas for the transaction even wallet tokens while making transactions in the app, the native token isn't used eth gas is being used for gas.

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Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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 ?

Yup, a lot of Altcoins have been failing right from time. But, you should also ask yourself what are the reasons why altcoins are failing? First of all is the motive behind all these things - it seems like most people that come here don't even care about the projects, they are only interested in the quick and easy they are able to make from it and that's all that matters.

None of them is ready to hold their investment there for long, once the price starts going up and they are making profit, then they start selling immediately and dumping the market. Before you know what's happening, the market has crashed and the team can't run it any longer, they have no other option than to quit. Another reason why these things happen is because there are no efforts being put in to ensure that they grow.

Mister.Satan

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I don't think it's fair to compare BNB, OKB, KCS, altcoins that have strong support and daily using in exchange to other altcoins. What you do it like compare a AAA developer EA, Ubisoft to indie developer. Price is not an only factor showing how well an altcoin performed so push up prices is not like a must-do thing.

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Quote from: JeotQ on April 03, 2020, 01:19:19 PM

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

What you mean by dubious? Pump and dump schsme has been happening eversince. Take note, even developer of known project cannot really make a good grip on those manipulators. Even though they are the one launch the project, chances that their project is being manipulated is high. Look out on Binance, ever wonder why the gains on each day is different? Of course this is due to the fact that whales pick a certain token or coin to pump and dump everyday.

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Quote from: JeotQ on April 03, 2020, 01:19:19 PM

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

Is that not every one and all of the altcoins? None of these projects have any legal binding with securities exchange commission (SEC) and neither it cryptocurrency a regulated commodity. Problem began when bitcoin became an asset worth buying at low and selling at high and began to draw attention of a lot of idiots who were not in the position to buy it.

Scammers saw this opportunity and began to develop on shitcoins to show and fool these bagholders into buy these shitcoin promising then that these coins are the future. Thats how shills came in existence.

However bearish market trends made such bad impacts and revealed the truth of these scams. But the money these people lost is lost forever, at least for now and several years from now.

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Quote from: JeotQ on April 03, 2020, 01:19:19 PM

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.

JeotQ

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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

Vishnu.Reang

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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.

ife2020

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Quote from: trauchot on April 03, 2020, 12:57:55 PM

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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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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Quote from: disconnectme on April 01, 2020, 03:59:35 PM

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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Quote from: s1lverbox on April 03, 2020, 08:16:33 AM

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.

s1lverbox

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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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Quote from: SyndicateLabs on April 03, 2020, 06:59:01 AM

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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Quote from: TitanGEL on April 01, 2020, 02:36:09 AM

Quote from: FontSeli on March 31, 2020, 07:15:24 PM

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.

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Quote from: FontSeli on April 03, 2020, 06:47:15 AM

Quote from: TitanGEL on April 01, 2020, 02:36:09 AM

Quote from: FontSeli on March 31, 2020, 07:15:24 PM

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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Quote from: disconnectme on April 01, 2020, 03:59:35 PM

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.

Utoy101

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Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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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Quote from: tycsols on April 01, 2020, 04:06:50 PM

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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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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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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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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Quote from: adekogbe on April 01, 2020, 08:52:32 AM

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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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

bluebit25

sr. member

Activity: 1666

Merit: 292

Eloncoin.org - Mars, here we come!

Quote from: TitanGEL on April 01, 2020, 02:36:09 AM

Quote from: FontSeli on March 31, 2020, 07:15:24 PM

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

GreenStox

sr. member

Activity: 1148

Merit: 252

Undeads.com - P2E Runner Game

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

TitanGEL

sr. member

Activity: 1036

Merit: 281

Quote from: FontSeli on March 31, 2020, 07:15:24 PM

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.

TheClownSong

sr. member

Activity: 1428

Merit: 251

In my opinion, until now the driving factor for the price of altcoin is the price movement of Bitcoin. When the price of Bitcoin goes up, most of the altcoin prices will go up even some up to tens of percent.

zaim7413

sr. member

Activity: 1274

Merit: 337

Enterapp Pre-Sale Live

Quote from: crypto595 on March 31, 2020, 06:29:20 PM

If a coin is going to survive long term it needs to become a national currency.
Thats the future.
Look at TemTum, in talks with Anguilla and more countries still to be announced.

Which countries will cooperate with the Temtum? and to date how many valid countries want to work with the Temtum to build their future in crypto? I really don't know about what you said.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Bitcoin itself can be a trigger for the altcoin to push the price to a higher rate. But we cannot expect it to happen so soon, so you need to be patient and calm down because the market is not going anywhere. At least, until this day, the market still up and down. And sometimes, we are amazed to see the price can go up and down out of our expectations.

Although some project can continue their development, if bitcoin price does not increase, that will not move the market because all of the coins and tokens will follow behind of bitcoin movements. It will moves if bitcoin price can break the higher price so that will be a good sign for the market to start rise and we will see the crypto market will rise again.

gaston castano

sr. member

Activity: 1526

Merit: 251

I also think that altcoin, which is released now, on average, is used only for profit when launched on the market and will not last long.
therefore, researching before buying ico coins is really very important.
the large number of tokens that appear every day also increases the difficulty of distinguishing the project.

FontSeli

hero member

Activity: 1218

Merit: 858

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.

pikkie

sr. member

Activity: 924

Merit: 256

Quote from: Twinkledoe on March 31, 2020, 06:47:39 PM

Quote from: ife2020 on March 31, 2020, 01:37:04 PM

Quote from: Bellarg on March 29, 2020, 08:59:36 AM

BTC is a good catalyst for it. Then btc grow the whole market growth

Bitcoin is always a good catalyst, way back 2017, during the sweet bull run, it pushed all altcoins high in price, value and volume equally.
But you cant always rely on bitcoin, which is why few tokens dump more, even when bitcoin grows.

Hence the need to dyor

Tokens are being dumped because they have no reason to exist but for the devs' pockets. So even if bitcoin increases, they can't catch the train. Most of them will continue to fall. So I think the good catalyst is the project itself, if they have good foundation and valid reason to exist, they will be valuable in exchanges.

that I know there are many possibilities that make the price of a token dump or collapse, the developer may resign or leave the project and there may be no clarity about the project being developed so that makes many investors disappointed so that the price of the token collapsed like that.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: ife2020 on March 31, 2020, 01:37:04 PM

Quote from: Bellarg on March 29, 2020, 08:59:36 AM

BTC is a good catalyst for it. Then btc grow the whole market growth

Bitcoin is always a good catalyst, way back 2017, during the sweet bull run, it pushed all altcoins high in price, value and volume equally.
But you cant always rely on bitcoin, which is why few tokens dump more, even when bitcoin grows.

Hence the need to dyor

Tokens are being dumped because they have no reason to exist but for the devs' pockets. So even if bitcoin increases, they can't catch the train. Most of them will continue to fall. So I think the good catalyst is the project itself, if they have good foundation and valid reason to exist, they will be valuable in exchanges.

crypto595

newbie

Activity: 23

Merit: 0

If a coin is going to survive long term it needs to become a national currency.
Thats the future.
Look at TemTum, in talks with Anguilla and more countries still to be announced.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

Quote from: Bellarg on March 29, 2020, 08:59:36 AM

BTC is a good catalyst for it. Then btc grow the whole market growth

Bitcoin is always a good catalyst, way back 2017, during the sweet bull run, it pushed all altcoins high in price, value and volume equally.
But you cant always rely on bitcoin, which is why few tokens dump more, even when bitcoin grows.

Hence the need to dyor

Bellarg

member

Activity: 149

Merit: 12

BTC is a good catalyst for it. Then btc grow the whole market growth

kickdapa

full member

Activity: 627

Merit: 103

Quote from: Emilyearl on March 29, 2020, 02:33:35 AM

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.

I think we need some bigger news for this market to grow as it did before. But first we need to stop the worldwide virus situation, which has severely affected many countries and their economies have collapsed just like this market.

bits4books

sr. member

Activity: 854

Merit: 264

Crypto is not a religion but i like it

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.

Kvalentine

member

Activity: 504

Merit: 25

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

bittraffic

hero member

Activity: 3038

Merit: 617

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.

Byakuga

member

Activity: 518

Merit: 28

Quote from: shaheer001 on February 24, 2020, 08:05:57 AM

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

Emilyearl

full member

Activity: 700

Merit: 105

APESWAP

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.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Crypto_lion on March 29, 2020, 01:02:11 AM

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.

Crypto_lion

member

Activity: 630

Merit: 11

NEW MEDICINE:Faster, Safer, Smarter

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.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

Quote from: shaheer001 on February 24, 2020, 08:05:57 AM

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.

cytpoway121

member

Activity: 1540

Merit: 68

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

Wh00re

newbie

Activity: 122

Merit: 0

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.

ven7net

full member

Activity: 1946

Merit: 112

Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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.

coin-investor

hero member

Activity: 2940

Merit: 593

Leading Crypto Sports Betting & Casino Platform

Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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.

thesmallgod

full member

Activity: 1498

Merit: 129

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

slashz9

full member

Activity: 1554

Merit: 101

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.

enhu

legendary

Activity: 2492

Merit: 1018

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.

Docnaster

hero member

Activity: 1638

Merit: 576

Leading Crypto Sports Betting & Casino Platform

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.

jostorres

hero member

Activity: 2534

Merit: 586

Quote from: wozzek23 on February 24, 2020, 01:01:26 PM

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.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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.

wozzek23

sr. member

Activity: 1568

Merit: 283

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.

Jannyh

copper member

Activity: 994

Merit: 4

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.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: shaheer001 on February 24, 2020, 08:05:57 AM

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.

thisnewcoin

full member

Activity: 406

Merit: 104

Convert Crypto at BestChange

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!

fuer44

sr. member

Activity: 1652

Merit: 262

SOL.BIOKRIPT.COM

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.

othell_rogue

full member

Activity: 800

Merit: 143

Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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.

rosezionjohn

sr. member

Activity: 882

Merit: 301

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.

masterrex

full member

Activity: 1820

Merit: 107

Quote from: ife2020 on February 24, 2020, 03:10:09 AM

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.

thiscomm

jr. member

Activity: 224

Merit: 2

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.

shaheer001

full member

Activity: 1274

Merit: 100

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.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

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 ?

Topic: Altcoins Need a Catalyst to push up prices (Read 692 times)