Topic: Next year will determine the fate of altcoins - page 6. (Read 4100 times)
Many are getting it wrong regard the bear and bull and this is where TA is most useful but recently it has been jeopardize but the whales and the pnd set of people in a way that they only concern abt their pocket and making the market getting worse day by day with the manipulation and it can only be delay but will still eventually happen.
Actually this year is also one of the years to determine how the crypto wolrd be. But you are right, next year or probably the next two years will really determine the fake of altcoins. Whether they will be worthier or not, following the high hype or not, and even the price of many new altcoins will have the value or not. So far, there are numerous new coins with very low value and shit.
A lots of influencing factors that will determine which coins will survive and which are not going to move forward, still most of the projects are depending with how the market will proceed, end users are the one who will bring anything to whatever path those projects will going to, it's a matter of how progressive and how the developers will continue to provide interesting updates to survive.
Don't you think that you are a bit over-optimistic about altcoins surviving up to 2020? We still have more than 4 months remaining in this year and there is a very real chance that the Bitcoin dominance can rise further to 75% or 80%, from the current levels of 69%. In case that happens, then the smaller altcoins (such as those coins outside the top-100) would cease to trade and the holders would rush to dump them at whatever prices they could get.
In short, the fate of the altcoins have been decided already, and for the altcoin lovers the future prospects are not very bright. Cryptocurrency market is moving towards consolidation, after much fragmentation during 2017 and 2018. In the end, we may be left with at the most a few dozen active cryptocurrencies, down from the current figure of 10,000+.
In short, the fate of the altcoins have been decided already, and for the altcoin lovers the future prospects are not very bright. Cryptocurrency market is moving towards consolidation, after much fragmentation during 2017 and 2018. In the end, we may be left with at the most a few dozen active cryptocurrencies, down from the current figure of 10,000+.
The next bitcoin halving will bring the death of many altcoins for good and only very few altcoins will survive,be careful which altcoins you will hold till that time comes,it will be safer if you invest in top 20 altcoins cos they are lot more safer. And those who build there portfolio with new projects only might be affected as well because many new altcoins are not here for long term
For sure many altcoins would bloom next year, and altcoins that are very low in price value may have a good fortune in the next year of cryptocurrency market. So if bitcoin and aome top coins in the market makes a incredible increasing price next year, they would pull also several altcoins in terms of their prices.
I believe we can make a great time again, like 2017 in the future. We will not see the market will be like now forever because the market will be back to the greatest time and at that time, we will make a big profit from cryptocurrency. I think from 2018 is a starting point or reset the market so the market can grow healthy, only a good coin that can survive and pass the bad time for the cryptocurrency.
We need to try again and again because we have more time to make money from the cryptocurrency. Don't stop right now because if we stop, we will have a big regret in the next year.
We need to try again and again because we have more time to make money from the cryptocurrency. Don't stop right now because if we stop, we will have a big regret in the next year.
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
Altcoins will grow again in a time when almost all people loose the faith in them, we are very close to this point. I recommend to every altcoin holder, hold on, altcoins will bring you profit, but if it would be so easy, everyone will become a millionaire.
Keep going is the only way to get a success. In cryptocurrency, one should keep patience and keep going despite difficulties. The market situation is not that much good at this point of time. So we must hope the next year will be a good year for cryptocurrency.
Bounty campaign for this year feels hard to live, unlike in 2017. The only way is by trading can make money, but there are many challenges that must be faced. staying in the crypto world is a good decision, we see from the monthly trend, which clearly shows a bullish trend, therefore we must be patient waiting.
for now keep working on the bounty, so when the bullrun occurs we have lots of coins
for now keep working on the bounty, so when the bullrun occurs we have lots of coins
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
2017 is a great year for altcoins, 2018 so many scammers create a project and ICO and 2019 we saw a new kind of crowdfunding in IEO I believe 2020 will be very bad for new coins and those who will do crowdfunding, Bitcoin dominance will grow and only a few altcoins will survive.
Only top coins in the market with proven usage and support will stand, I think there will be a purge.
In 2020 the market will grow again, but there will be a new adjustment. Only really good coins will be able to exist in the market, we will not see too many altcoins because bad projects will definitely be eliminated.
Actually this year is also one of the years to determine how the crypto wolrd be. But you are right, next year or probably the next two years will really determine the fake of altcoins. Whether they will be worthier or not, following the high hype or not, and even the price of many new altcoins will have the value or not. So far, there are numerous new coins with very low value and shit.
for this year it certainly won't happen, but in the next year there might be opportunities for this it's just that I'm sure maybe not more than 40%, but hopefully next year there really is such a thing because of course we are already bored with the present conditions which some time ago had improved and now it is getting worse.
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
You also have to understand that we won't see a dramatic rise right after halvening. And everyone knows that altcoin has some connection to Bitcoin price. So it you are saying that the resurrection of altcoin is right after the halvening then you have to wait a bit more because it won't happen overnight. I know that the altcoin market is still bleeding at this point, majority of the coins are ~80%-90% of it's previous highs. But that's how the system works and we don't know when it will start to recovery and stand on its own feet again. No don't what to quit at this point though, why not take this opportunity to buy cheap coins?
if the crypto community is Not getting more publicity as we anticipated, next year will remain the same as usual with cryptocurrency. the crypto space has been affected by the scams and un-serious projects here and there. no wonder most projects disappear in a flash.if the start ups are not properly regulated and handled, we are not getting anywhere near success in this crypto market.
Nobody ever knows with crypto these days or what could happen in the next few years but for now market is shady and performance in both trading and investment have kinda slow down a bit but with all the mainnet and others, there might be use cases in the next couple years and that might trigger upward trend atleast
How did you assess that the crypto market now is shady? The fate of altcoins in the next coming years is really not clear. But definitely, most of them will disappear/abandon/die down/delisted from exchanges and much more. Because a lot of them are crap ones with no reason to exist. Only those with strong foundation and real use case in the market will survive and I guess those are only very few. Though there are several coins with use case but if they will not get strong support from the community, they might die down also. Because if there are no active users, their business is basically dead.
But I don't think, next year will determine the fate of altcoins. I think, as early as now, you will know the possible fate of most altcoins, look for their foundation. If they are empty, more than likely, they will not exist by the next coming months or years.
Nobody ever knows with crypto these days or what could happen in the next few years but for now market is shady and performance in both trading and investment have kinda slow down a bit but with all the mainnet and others, there might be use cases in the next couple years and that might trigger upward trend atleast
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
I think 2020 may be a good time for the market to have new growth but this is just my personal prediction because the current downtrend is still happening. I personally do not have a strong belief in the other coins available in this market because the current investment demand is very low and there are many risks in investing. Now is not a good time to predict altcoins because I believe other top coins will still have more major corrections this year.2020 may come and we may still be in a downtrend. It is now too difficult to predict the cryptocurrency market as even news of bitcoin bakkt is not pushing it into a bullish mode. Many altcoins will not survive beyond 2019 with the way things are going and Bitcoin dominance is just waxing stronger by the day. Even the top 10 coins are shivering
waiting is tiring let alone waiting for something uncertain when it will come, as I am experiencing now, but even so I do not want to stop waiting and try as much as possible so that when the time comes I will not be one of those who regret just because they are impatient and don't want to keep trying
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
That's true, it really doesn't make sense to quit after coming this far. However, I do not think altcoins will die off as there are many altcoins that are valuable rather I believe a time will come when most investors will only go for the genuine projects thus purging the market off shitcoins. On the other hand, with 2020 fast approaching I think it will be a good year for the entire market but only for coins that have something tangible to offer; we just have to wait and see how it plays out as we might be experiencing a new type of crypto market.
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