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Topic: Are altcoins going to get the mainstream like 2017? (Read 646 times)

sr. member
Activity: 1148
Merit: 432
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
Of course we expect more numbers than that, so we can have many options to invest in altcoin. Hopefully other platforms can learn from the mistakes that caused altcoin to drop from the market and few people believe it. Because I'm sure we all expect the best for cryptocurrency
copper member
Activity: 1120
Merit: 2
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
I would suggest that you can choose the top 25 coins from the CMC. You can benefit from it. Alter coins should always be aware of their future relevance.
sr. member
Activity: 756
Merit: 268
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
That is the main reason why you should pick the right altcoin by now because not all altcoins will be able to survive in the future. Altcoins has lots of rivalry wherein as time passes by, the number of new ones will keep on increasing leading to a more diversified focus for many investors. Their investments will be divided more and some of them might end up in regret as one of the altcoin they picked will fail. You can keep on adding a new coin to secure your future more but always be smart when picking to avoid waste of money and time.
sr. member
Activity: 1428
Merit: 251
If BTC dominance would drop to 35-40 percent as it was back in 2017, all altcoins will raise in price and we would finally enter green market cycle. But I do not see this happening in the nearest future, so buy BTC and wait.

Agree, if the dominance of Bitcoin goes down, altseason will occur naturally. With the altitude of almost 5,000 coins and tokens, I don't think all altcoins will go up in price, just a few altcoins that I think will give profits to investors.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
The way I see it, altcoins are failing. The only altcoins that seems to be okay are Etheruem and Litecoin (LTC), others had been messing up as of recent. If you have been following up you will notice that they have all been going down. Check out coins like Zcash that used to trend, now it's beginning to fall in price and is not even showing any signs that it's going to recover.

Another one is the XRP, despite all their promises and partnerships this year, XRP still fails. Experts have even said that when the next bull run comes only Bitcoin and a very few altcoins or none except Bitcoin will go up. Next year is coming and we are expecting the next halving as well, and that's the time Bitcoin usually start increase, altcoins may not be part of it, even with the little increase we have seen this year, altcoins were not part of it.
sr. member
Activity: 658
Merit: 256
Freshdice.com
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks

It is true. There are really lots of crypto coins listed on CMC which most commonly some or many of them just share the same feature added by some features by other developers to make it unique from the other crypto coins that shares the same feature with what they have. I agree that only few will remain in the market due to the fact that only few are acknowledge by the crowd due to popularity and demand added by the fact that people are following the trend of which coin is worthy to put your investment and to be purchased. Many of the existing Altcoins that will be left behind because people does not know their existence or not interested about it will probably die due to lack of support from the crowd that is why the coin is left forgotten. Maybe, just on my assumption at the range of 70-80 percent of the listed Altcoins will remain and the remaining will have no use in the future. There are lots of promising coins within the market which is in need for you to discover on your own but if you are seeking for assurance, internet have already provided list of the most common Altcoins based on popularity and demand.
sr. member
Activity: 1638
Merit: 425
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
I agree a lot of listed altcoins in the market doesn't really have a volume in Coinmarketcap and also a lot of alternative tokens in the market was not really popular and we know that it doesn't have a future for sure this token will go down in the future only popular altcoins in the market and bitcoin will remain in the market. We know that a lot of ICO was done even today but we know that a lot of them don't even make it in the market because a lot of times the developer of the token do not maintain in and a lot of times it just end up in a big scam ICO. So I think only about 80-90 per cent of the altcoins have a great value and then the rest are dead token.
full member
Activity: 887
Merit: 100
I think like that, of the thousands of coins listed on the CMC website, not all of them have a bright future, in my opinion only a few are potential and profitable for future investment. I believe in the top coins in the market, like ETH & BNB. these two altcoins have large users and products work well in the market. like the ERC20 smart platfrom and Binance's exchange.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
Not gonna happen unless bitcoin brings a new never before ATH then altcoins will benefit when dominance of btc start decreasing, whales will surely do their parts as well to maximize their profits and altcoins can deliver that easily
Yes, that's right, if bitcoin goes up in price and can bring something new before ATH, then that will obviously be a good boost for altcoin, and whale investors will definitely make a lot of purchases in bitcoin and altcoin, so the main stream to altcoin would never have happened if bitcoin hadn't been able to bring about new changes.
I believe this, it's really unfortunate because altcoin is always based on the price of bitcoin. maybe there will be an altcoin that moves up but not high, whereas if the price of bitcoin can pump first then altcoin can sometimes follow the price.
hero member
Activity: 1458
Merit: 509
This is not true that only 30 to 35 altcoins will survive and others will dying; you can say almost 100 plus altcoins will remain in CMC, and other will be not useable to its usage in real life. The altcoins that will support an ecosystem that will continue alive, as you can see various projects that are helping in the ecosystem like XRP, XLM and Wechain.
XRP is not helping the adoption of ecosystem, XLM and Wechain are also doing the same as XRP. the fact that just a coin that can attract the buyers that will always survive in this speculation market. You are taking the wrong example if you are arguing about the usability of the coins.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
I tried cross checking the cycle with my position, the space is more of a cycle and everything falls within 4 years. There will always be a bullrun sometime in 4 year and the halving, when the bullrun will come forth we dont but it will definitely come. I joined the space when altcoins were less than 2000 and today with big number in the market we dont have 2000 active coin with use case in that market. There maybe a little difference now but altcoins will be starting over like 4 years ago. Exchanges will determine the coin that will pick up even if they dont have used case, imagine a coin that is listed  in top 5 exchanges when the market gets back, it will thrive definitely. SONM still pump recently even with the exit scam when it is listed with the top exchanges and not delisted.
full member
Activity: 1148
Merit: 101
Not gonna happen unless bitcoin brings a new never before ATH then altcoins will benefit when dominance of btc start decreasing, whales will surely do their parts as well to maximize their profits and altcoins can deliver that easily
Yes, that's right, if bitcoin goes up in price and can bring something new before ATH, then that will obviously be a good boost for altcoin, and whale investors will definitely make a lot of purchases in bitcoin and altcoin, so the main stream to altcoin would never have happened if bitcoin hadn't been able to bring about new changes.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
in fact no one will know the amount of altcoin that will last for the future. You can see there are thousands of useless altcoins or almost all of them are junk coins. but I think the top altcoin that is able to survive in this industry is altcoin which is widely used for investment. and the possibility of them still having hope to continue to live in the future.
As you said that no one knows what will happen later, we can only predict the possibility that can occur. It could be that altcoin which is currently on the top position will go down and the bottom will go up, it can happen and I think for now what we have to do is how we survive in any condition in the cryptocurrency market.

To survive in the wild market of cryptocurrencies, you need to be prepared and be ready for any possible scenario. You should not go all in because once you go all in and the market dump so hard then you don't have any chance to lower your average purchased price. Just put the amount of money that you can afford to lose and keep the rest of your money as a back up for buying cryptocurrencies at a great price.
sr. member
Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
in fact no one will know the amount of altcoin that will last for the future. You can see there are thousands of useless altcoins or almost all of them are junk coins. but I think the top altcoin that is able to survive in this industry is altcoin which is widely used for investment. and the possibility of them still having hope to continue to live in the future.
As you said that no one knows what will happen later, we can only predict the possibility that can occur. It could be that altcoin which is currently on the top position will go down and the bottom will go up, it can happen and I think for now what we have to do is how we survive in any condition in the cryptocurrency market.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
If BTC dominance would drop to 35-40 percent as it was back in 2017, all altcoins will raise in price and we would finally enter green market cycle. But I do not see this happening in the nearest future, so buy BTC and wait.
hero member
Activity: 2856
Merit: 783
Burpaaa
This is not true that only 30 to 35 altcoins will survive and others will dying; you can say almost 100 plus altcoins will remain in CMC, and other will be not useable to its usage in real life. The altcoins that will support an ecosystem that will continue alive, as you can see various projects that are helping in the ecosystem like XRP, XLM and Wechain.
There are alts that really helpful but we can't deny that some alts are redundant in terms of uses. Only one or two among this who served a same role in altcoins ecosystem will eventually retain and will get the spot of most used. Even there are many altcoins I also believe that they will still be popular in the future as investor became smarter only those project who focus on giving better income and services will be able to make it.
sr. member
Activity: 1022
Merit: 252
Its really hard to see new projects that keep following their roadmap this days, some have good roadmap but they stop producing or updating, this can easily make a coin devalued, altcoins season will make a come back for sure but no one knows when, not even certain it will happen in 2020

Some of them are really has a great intention for their project but the obstacle is from the investors itself, nowdays it's really hard to find many investors due to many people are leaving cryptocurrency investment because of many scams last year. So, we have to build the trust for the people before altcoins and cryptocurrency become mainstream again
full member
Activity: 1382
Merit: 105
This is not true that only 30 to 35 altcoins will survive and others will dying; you can say almost 100 plus altcoins will remain in CMC, and other will be not useable to its usage in real life. The altcoins that will support an ecosystem that will continue alive, as you can see various projects that are helping in the ecosystem like XRP, XLM and Wechain.
member
Activity: 518
Merit: 28
Its really hard to see new projects that keep following their roadmap this days, some have good roadmap but they stop producing or updating, this can easily make a coin devalued, altcoins season will make a come back for sure but no one knows when, not even certain it will happen in 2020
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
your friends were quite right. but I would choose some 200 altcoins. there are more then 35 altcoins which will survive. maybe 200 is more close to that. and there is always place for new coins if they come up with good idea. a lot of altcoins have solid ideas which any project need to be in long crypto train.
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