Pages:
Author

Topic: How would you evaluate altcoins performance throughout 2018 in general? (Read 362 times)

jr. member
Activity: 322
Merit: 1
" Blockchain meets social network "
2018 is not a failure to altcoins, it just show how the market is very volatile.. we cannot call it as misfortune as we all know that they will bounced back
agree, they will soon rise whose name is definitely spinning wheels sometimes above and sometimes below, 2017 is the year that made bitcoin above and revered as early as 2018 bitcoin experienced a downturn and many cursed, hopefully this year is the beginning of the rise of bitcoin and other crypto.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
Altcoin throughout the 2018 performed poorly.  The Bitcoin was obviously the engine of cryptocurrency market.  Every little changes in bitcoin affected as altcoin deeply and we saw how Altcoin are nothing without Bitcoin!
member
Activity: 539
Merit: 20
I do not want to interpret the price of subcoins already in the middle. but almost none of them are making an effort to make the projects a reality. Just don't do this with an iOS or android wallet
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
very good and healthy!

you see the prices of altcoins have been fake and mostly in a bubble and that meant their markets were not healthy at all. with the dumps that happened in 2018 they became healthier again but some of them still need more dumps to reach their real values at the bottom.

with that said the dumped coins are now starting to become ready for the rise. aka the next pumping phase. and those that got dumped the most and the fastest will be the ones that will get pumped first and biggest soon.
That is a very interesting point of view, not many will evaluate the performance of altcoins that way and that is because it is very difficult to be objective when you have money at stake and the market is destroying your capital, but in a way you are right the prices of most altcoins were impossible to sustain and a crash was not only inevitable but necessary, but I am sorry for all of those that thought they could get easy profits out of the market and needed to learn that lesson the hard way.
full member
Activity: 406
Merit: 100
Now as the market looks more optimistic and with all the news of some of the coins going up substantially it's easier to forget, that most of them underperformed in terms of the forecasts that were made previously. Iota is up 67 percent, stratis 108 percent, and bitcoin cash 150 percent. It’s an impressive recovery, but it’s certainly not a reversal. Back in January, “expert” traders were throwing out wildly ambitious end of year targets that, amidst full bull market hysteria, may not have seemed that outlandish at the time. So, what is ypur opinion on 2018's altc performance?

In my opinion the performance of 2018 is the bubble bursting effect of 2017 as the market needs to correct the overpriced of those crytpo during the bull run and now the market has been undervalued after those series of bloodbath. This might be the start of recovery after a whole year of bearish situation in which be the ideal price that can attract more huge investors to join crypto. Year 2017 was the year that we should accumulate as many good quality coins while the price is in downfall. Although everything in crypto is unpredictable but we need to prepare our best coins for the bounce back of the market. This year could be the time for recovery and a bullish year ahead.
hero member
Activity: 1470
Merit: 655
very good and healthy!

you see the prices of altcoins have been fake and mostly in a bubble and that meant their markets were not healthy at all. with the dumps that happened in 2018 they became healthier again but some of them still need more dumps to reach their real values at the bottom.

with that said the dumped coins are now starting to become ready for the rise. aka the next pumping phase. and those that got dumped the most and the fastest will be the ones that will get pumped first and biggest soon.
jr. member
Activity: 308
Merit: 4
MenaPay - Crypto made easier than cash
2018 altcoin performance was very disappointing, full of despair, FUD, and altcoins from an ICO that year were nearly on its death. Last year was a vice versa of 2017 so what happened is to be expected where cryptocurrencies price correction went down like it was being on a reset. On the bright side, we were able to invest to an altcoin with potential at its lowest price so we can cover some of pur loses this year for sure.
hero member
Activity: 3038
Merit: 634
It was poor in general, you see ethereum. At the middle of 2018, price was half of its all time high then suddenly it goes down. The bad thing was many bought on that range.

And keep on holding while they see that the price fells down, many panic sold and thought that it would cut their losses. Good for those who did but many were disappointed. At least, today we see that its back to 2nd spot.
legendary
Activity: 2576
Merit: 1655
Obviously altcoin market suffered worst than bitcoin last year. It's a total collapse even the number two at that time, Ethereum after going to its new all-time-high in January suddenly plummet to 2 digits. And majority lost 80%-90% of its price. And as a result almost everyone lost their money, other newbies good burned an exited, while strong hands are still holding and waiting for the altcoin market to bounce back this 2019 so let's see if we can see some semblance of recovery in the first quarter.
sr. member
Activity: 882
Merit: 269
We have a very bad year in altcoins market in 2018. The market keep going down till the end of the year and that has resulted in great loses for those that have invested into the market.  We are going to have more good times in some days and months to come in other to compensate the great lose that has happened in 2018.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The performance wasn't expected and bad if everyone will base it on the price.

You'll never see adoption on the price but I'd say that forget about 2018 and just move on to 2019.

Most of those that invest in altcoins only care about the price and whether we like it or not the price is one of the best ways that we have to evaluate how a particular asset has been doing lately, and I also think that it will be a mistake to forget the year of 2018 just because it wasn't what we were expecting, it is very important to remember it so we do not forget to that after a huge bull run a huge bear market will follow.
full member
Activity: 2548
Merit: 217
Us we should knows altcoins is in the worse situation in the 2018 year of the down trend, in mynown evaluation altcoins gives profits for these people know how to learn the strategic bear market situation specially the traders.

Let's face the life of cryptocurrency this new year of full of hope and faith that bear market will end and most altcoin are rises fast.
hero member
Activity: 1190
Merit: 504
The performance wasn't expected and bad if everyone will base it on the price.

You'll never see adoption on the price but I'd say that forget about 2018 and just move on to 2019.
hero member
Activity: 2282
Merit: 505
Now as the market looks more optimistic and with all the news of some of the coins going up substantially it's easier to forget, that most of them underperformed in terms of the forecasts that were made previously. Iota is up 67 percent, stratis 108 percent, and bitcoin cash 150 percent. It’s an impressive recovery, but it’s certainly not a reversal. Back in January, “expert” traders were throwing out wildly ambitious end of year targets that, amidst full bull market hysteria, may not have seemed that outlandish at the time. So, what is ypur opinion on 2018's altc performance?


Altcoin performance should not be evaluated on price but on adoption. In that regard they're also largely failing. No coins had any major breakthroughs, there were some partnerships with large firms but no concrete information on how that would mean their coins would be used. Price is secondary to adoption because it follows it. If coins start having real world uses and adoption then their price will sky-rocket naturally instead of purely because of speculation.

In 2018  I can't say we have any real adoption, what I can say is that good projects with great teams focus more on development of their platforms and build a solid fundamantals in which they will build on  when the adoption starts, I have seen many projects fall buy the way make me to think we still have a long way to go
Most of them are selling useless product and that's it. So many platforms are getting bankrupt and even ETC is a part of them. They are not using their funds effectively. They are not focusing on how to create revenue to keep the platform alive.
hero member
Activity: 868
Merit: 500
Now as the market looks more optimistic and with all the news of some of the coins going up substantially it's easier to forget, that most of them underperformed in terms of the forecasts that were made previously. Iota is up 67 percent, stratis 108 percent, and bitcoin cash 150 percent. It’s an impressive recovery, but it’s certainly not a reversal. Back in January, “expert” traders were throwing out wildly ambitious end of year targets that, amidst full bull market hysteria, may not have seemed that outlandish at the time. So, what is ypur opinion on 2018's altc performance?


Altcoin performance should not be evaluated on price but on adoption. In that regard they're also largely failing. No coins had any major breakthroughs, there were some partnerships with large firms but no concrete information on how that would mean their coins would be used. Price is secondary to adoption because it follows it. If coins start having real world uses and adoption then their price will sky-rocket naturally instead of purely because of speculation.

In 2018  I can't say we have any real adoption, what I can say is that good projects with great teams focus more on development of their platforms and build a solid fundamantals in which they will build on  when the adoption starts, I have seen many projects fall buy the way make me to think we still have a long way to go
newbie
Activity: 42
Merit: 0
Now as the market looks more optimistic and with all the news of some of the coins going up substantially it's easier to forget, that most of them underperformed in terms of the forecasts that were made previously. Iota is up 67 percent, stratis 108 percent, and bitcoin cash 150 percent. It’s an impressive recovery, but it’s certainly not a reversal. Back in January, “expert” traders were throwing out wildly ambitious end of year targets that, amidst full bull market hysteria, may not have seemed that outlandish at the time. So, what is ypur opinion on 2018's altc performance?

In 2018 only a few altcoins put up an average performance and a very tiny percent were impressive in their outing. You must remember that in general the performance of the cryptocurrency market is largely defined by Bitcoin and since the coin was in the downturn a lot of the altcoins followed suite. Haven said that, I see a better outing for the crypto market generally.
member
Activity: 742
Merit: 10
2018 is not a failure to altcoins, it just show how the market is very volatile.. we cannot call it as misfortune as we all know that they will bounced back
member
Activity: 448
Merit: 10
there is just to evaluate that the first quarter of the year was not bad for the Altcoins, well, and then the decline went, which was quite expected, but in general I would not say that 2018 was successful
full member
Activity: 270
Merit: 105
Even (especially) the "best" altcoins have undergone a big correction in 2018. It seems to me that this was necessary to glimpse the possibility of returning to a bullish cycle after this completely irrational year 2017.

This picture from datalight worth a thousand words
full member
Activity: 621
Merit: 214
We need to have corrections for the market circle to be complete, 2018 was an (almost entirely) correction year, so most Alta didn't perform that well
Pages:
Jump to: